Aerospace Lightweight Materials Market Projected to Gain Significant Value by 2016-2026

In aerospace industry, development of new materials with reduced weight, improved application specific performance and reduced cost has a significant importance. Increasing demand for these characteristics are expected to have a positive impact the global aerospace lightweight materials market. A one-piece design reduces the number of components in overall assemblies, which ultimately reduces the material costs and the total number of components. However, the setup, work holding and surface finish is still difficult to achieve. Designers, engineers, machinists and machine or cutting tool partners are continuously developing new solutions to achieve this target. The mix of materials in aerospace industry is expected to continually change in coming years with new technologies in composites and metals.

Aluminum alloys are used for moderate temperature range applications where titanium alloys are used for temperature range up to 500 to 5500 C or may push another 2000 C. Fiber reinforcements are mostly used where high stiffness and wear resistance are required. Super alloys have the ability to withstand temperatures more than 10000 C. Basically, these materials act as an integral part of the complex aerospace systems.The global aerospace lightweight materials market is expected to increase at a significant rate in terms of value over the forecast period.

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Global Aerospace Lightweight Materials Market: Dynamics

The global aerospace lightweight materials market is expected to increase at a significant pace due to increasing demand for properties such as high fuel efficiency and high temperature resistance. Moreover, the global aerospace lightweight materials market is anticipated to increase due to the implementation of stringent regulations over carbon emissions across the globe. Easy machining, high strength, low density and high thrust-to-weight ratio in aircraft engines is expected to drive the demand for titanium aluminide (TiAl) and aluminum lithium (Al-Li) over the forecast period.

Among all the material types, titanium has relatively high cost, which is expected to be a major reason to hamper the growth of titanium segment over the forecast period.

Global Aerospace Lightweight Materials Market: Segmentation

The global aerospace lightweight materials market is segmented on the basis of component type, material type, application and key regions. On the basis of material type, the global aerospace lightweight materials market is segmented into aluminum alloys, titanium alloys, stainless steel, and nickel alloys. On the basis of component type, the global aerospace lightweight materials market is classified into interior parts and exterior parts. On the basis of application, the global aerospace lightweight materials market are segmented as business aircraft, commercial aircraft, missiles and munitions, engines, military fixed wing, general aviation and others. On the basis of geography, the global aerospace lightweight materials market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

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Global Aerospace Lightweight Materials Market: Region-wise Outlook

North America and Europe are expected to collectively account for major share in the global aerospace lightweight materials market throughout the forecast period. The U.S. is expected to be one of the major consumers of aerospace lightweight materials. High demand for aircrafts from the emerging regions like Asia-Pacific and Latin America are expected to augment the demand for aerospace lightweight materials, thus driving the global aerospace lightweight materials market. In the near future, Asia-Pacific is anticipated to witness high demand for aerospace lightweight materials due to increasing number of aircrafts.  

Global Aerospace Lightweight Materials Market: Key Players

Some of the key players identified in the global aerospace lightweight materials market are BASF SE, ASM International, Alcoa Inc., Du Pont, Teijin Limited, Cytec Industries Inc., Toray Industries Inc., ATI Metals.

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Environmental Catalysts Market Projected to be Resilient During 2016-2026

Environmental catalysts are a class of catalysts that is primarily used in order to reduce the level of pollutants and harmful emissions associated with energy and other process based manufacturing industries. Besides their use in industrial applications, these environmental catalysts are also used to reduce automotive emissions. As such, these catalysts commonly find application in power plants, gas and diesel engines, steam crackers, calcination plants, cement production, FCC units in refineries, waste incineration plants, gas turbines, railroad engines, steel mills, and chemical plants among others. Environmental catalysts provide an efficacious and efficient solution for restriction of emission of nitrogen oxides, hydrocarbons and carbon monoxide among others in to the atmosphere. Environmental catalysts are most commonly used in selective catalytic reduction, dieses oxidation catalysts, three way catalytic convertors among others in order to reduce the levels of volatile organic compounds emissions, ammonia emissions, and nitrous oxide emissions. Demand for environmental catalysts is expected to witness a steady growth during forecast period.

Global Environmental Catalysts Market: Dynamics

Consumption of environmental catalysts has witnessed a steady growth in the recent past. The growth of environmental catalysts market can be attributed to increasing efforts towards developing more efficient, cleaner and safer industrial processes in order to adhere to ever stringent regulations and norms instituted by authorities and regulatory bodies, especially in regions such as North America and Europe. The demand for environmental catalysts, in order to tackle both, stationary source emissions and mobile source emissions is expected to witness a steady growth over forecast period.  Moreover, growing emphasis on reducing the level of pollutants emanating from automobiles is expected to in turn result in increasing use of environmental catalysts thus driving the growth of environmental catalysts market during forecast period. Also, increasing demand for environmental catalysts for municipal and industrial waste remediation is expected to gain momentum especially in developing regions of the globe during the forecast period.

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Global Environmental Catalysts Market: Segmentation

The global environmental catalysts market is segmented on the basis of the application of catalysts, and end-use segments. On the basis of the application that these catalysts are used for, global environmental catalysts market is classified into

• VOC oxidation catalysts
• CO oxidation catalysts
• Selective catalytic reduction catalysts
• Others

On the basis of end-use segments, the global environmental catalysts market is segmented into

• Mobile source emission control - heavy duty vehicles, light duty vehicles, motorcycles, construction equipment among others
• Stationary source emission control that comprises industrial applications including those in power generation, refineries, municipal waste remediation etc.
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Global Environmental Catalysts Market: Regional Outlook

Depending on the geographies of the globe, global environmental catalysts market is segmented in to seven key geographical segments namely North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East & Africa.

North America and Europe, relatively mature markets, dominated global environmental catalysts market over the recent past. Whereas, consumption of these environmental catalysts is expected to witness faster growth in Asia Pacific region spearheaded by China.

Global Environmental Catalyst Market: Key Players

Some of the players that operate in global environmental catalysts market are BASF SE, Johnson Matthey, CRI Catalyst Company, Axens Group, Environmental Catalyst Technology, Treibacher Industrie AG, Applied Catalysts, and EmeraChem etc.

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Forecast and Analysis on Maritime Patrol Naval Vessels Market by Future Market Insights 2017 - 2027

Maritime Patrol Naval Vessels Market: Introduction

Maritime Patrol Naval Vessels are generally designed for coastal defense duties for identifying and observing the threats, and suspecting the areas of water. The Maritime Patrol Naval Vessels has established the flexibility to retort to the changing threats, environments and missions. Technological advances and experimentation with innovative concepts of operations such as growing use of unmanned vessels has led to a note worthy transformation in the maritime patrol naval vessels. Maritime patrol vessels varies from small size boats to large size ships. Maritime patrol vessels are very helpful and capable in locating enemy’s ships and submarines. Maritime Patrol vessels are also used in rescue operations often to extract survivors in an incident.  Increasing national security threats has contributed significantly in the development and advancement of increasing demand of maritime patrol naval vessel. Due to its great importance and necessity in national security and concerns the demand for maritime patrol vessel is anticipated to witness a significant growth over the forecast period.

Maritime Patrol Naval Vessels Market: Dynamics

Increasing demand for strict maritime security concerning the rising national threats is one of the key factor driving the growth of maritime patrol naval vessels. Rising territorial water zone disputes between different countries has also led to the increasing demand of maritime patrol naval vessels. Increasing frequency of fisherman trespassing as well as violation of respective national territorial waters of nations in peacetime, is driving the demand for maritime patrol naval vessel across the globe. With increasing industrialization and urbanization, the transportation of the trade and goods through sea routes is also causing a rise in the security concerns which in turn is fueling the demand for maritime patrol naval vessel during the coming years.

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The ongoing trend in the marine security is the use of unmanned maritime patrol naval vessel, a highly advanced marine technology which works on the pilotless principle operated by a remote or semi automatically.

The demand for continuous innovations in the technology in order to dominate the security level of ones with respect to other nations may act as a concerning challenge to the manufacturers in the global maritime patrol naval vessels market

Maritime Patrol Naval Vessels Market: Segment

Global maritime patrol naval vessels market can be segmented by vessel type and by application type

By vessel type the global maritime patrol naval vessels market can be segmented as

• Unmanned maritime patrol naval vessel ( surfaced and underwater vessels)
• Manned patrol naval vessel ( surfaced and underwater vessels)

By application type the global maritime patrol naval vessels market can be segmented as

• Offshore patrol vessels
• Pacific patrol vessels
• Others

Maritime Patrol Naval Vessels Market: Regional Outlook

Owing to the extensive use of marine transport for passenger as well as goods transportation which includes cars, oil, military weapons and other important shipments, has led to the rise in the vulnerability of attacks of thefts all around the world. Hence the demand for maritime patrol naval vessels is increasing with a significant rate. Several maritime conflicts and disputes among the Asia pacific countries such as India, Pakistan, and others on shared waters resources has led to the increase in demand for the maritime patrol naval vessels in the region. Various ship building plans in Australia and New Zealand including 12 offshore and few pacific patrol vessels is expected to drive the market for maritime patrol naval vessel in the Asia Pacific region. With growing oil exports in the region of Middle East and Africa, the security concerns is also increasing which in turn is expected to propel the demand for maritime patrol naval vessel in the region.

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Maritime Patrol Naval Vessels Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Maritime Patrol Naval Vessels Market include:

• Austal
• BAE Systems
• Damen Shipyards
• DCNS
• Fincantieri
• Goa Shipyard
• Lrssen Werft
• Hyundai Heavy Industries
• Mitsubishi
• Navantia
• Saab

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Technological Advancements to Influence Mine Drilling Machines Market Growth 2017 - 2027

Maritime Patrol Naval Vessels Market: Introduction

Maritime Patrol Naval Vessels are generally designed for coastal defense duties for identifying and observing the threats, and suspecting the areas of water. The Maritime Patrol Naval Vessels has established the flexibility to retort to the changing threats, environments and missions. Technological advances and experimentation with innovative concepts of operations such as growing use of unmanned vessels has led to a note worthy transformation in the maritime patrol naval vessels. Maritime patrol vessels varies from small size boats to large size ships. Maritime patrol vessels are very helpful and capable in locating enemy’s ships and submarines. Maritime Patrol vessels are also used in rescue operations often to extract survivors in an incident.  Increasing national security threats has contributed significantly in the development and advancement of increasing demand of maritime patrol naval vessel. Due to its great importance and necessity in national security and concerns the demand for maritime patrol vessel is anticipated to witness a significant growth over the forecast period.

Maritime Patrol Naval Vessels Market: Dynamics

Increasing demand for strict maritime security concerning the rising national threats is one of the key factor driving the growth of maritime patrol naval vessels. Rising territorial water zone disputes between different countries has also led to the increasing demand of maritime patrol naval vessels. Increasing frequency of fisherman trespassing as well as violation of respective national territorial waters of nations in peacetime, is driving the demand for maritime patrol naval vessel across the globe. With increasing industrialization and urbanization, the transportation of the trade and goods through sea routes is also causing a rise in the security concerns which in turn is fueling the demand for maritime patrol naval vessel during the coming years.

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The ongoing trend in the marine security is the use of unmanned maritime patrol naval vessel, a highly advanced marine technology which works on the pilotless principle operated by a remote or semi automatically.

The demand for continuous innovations in the technology in order to dominate the security level of ones with respect to other nations may act as a concerning challenge to the manufacturers in the global maritime patrol naval vessels market

Maritime Patrol Naval Vessels Market: Segment

Global maritime patrol naval vessels market can be segmented by vessel type and by application type

By vessel type the global maritime patrol naval vessels market can be segmented as

• Unmanned maritime patrol naval vessel ( surfaced and underwater vessels)
• Manned patrol naval vessel ( surfaced and underwater vessels)

By application type the global maritime patrol naval vessels market can be segmented as

• Offshore patrol vessels
• Pacific patrol vessels
• Others

Maritime Patrol Naval Vessels Market: Regional Outlook

Owing to the extensive use of marine transport for passenger as well as goods transportation which includes cars, oil, military weapons and other important shipments, has led to the rise in the vulnerability of attacks of thefts all around the world. Hence the demand for maritime patrol naval vessels is increasing with a significant rate. Several maritime conflicts and disputes among the Asia pacific countries such as India, Pakistan, and others on shared waters resources has led to the increase in demand for the maritime patrol naval vessels in the region. Various ship building plans in Australia and New Zealand including 12 offshore and few pacific patrol vessels is expected to drive the market for maritime patrol naval vessel in the Asia Pacific region. With growing oil exports in the region of Middle East and Africa, the security concerns is also increasing which in turn is expected to propel the demand for maritime patrol naval vessel in the region.

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Maritime Patrol Naval Vessels Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Maritime Patrol Naval Vessels Market include:

• Austal
• BAE Systems
• Damen Shipyards
• DCNS
• Fincantieri
• Goa Shipyard
• Lrssen Werft
• Hyundai Heavy Industries
• Mitsubishi
• Navantia
• Saab

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Liquid Silicone Rubber Market Excessive Growth Opportunities Estimated to be Experienced 2017-2027

Liquid Silicone Rubber Market: Overview
Silicone rubbers are elastomers composed of silicones and depending on the viscosity, are classified as solid silicone rubbers and liquid silicone rubbers. Liquid silicone rubbers are characterized by presence of relatively shorter chain, lower molecular weight polymers. Liquid silicone rubbers are addition curing polymers involving use of platinum based catalyst. Liquid silicone rubbers find a wide range of applications across a diverse set of industries. Its exceptional properties render it ideal for use in demanding applications involving intricate geometries. Liquid Silicone Rubber exhibits several properties such as, high heat resistance, biocompatibility, chemical inertness and ease of molding. Liquid silicone rubber is ideal for use in high value applications such as those in healthcare and medical sector including manufacture of medical devices, among others. Market for liquid silicone rubbers is expected to register significant growth owing to anticipated steady growth in global healthcare and medical devices industry. Additionally, increasing demand from electrical & electronics industry is also expected to foster growth of the market during forecast period. Increasing demand for alternative materials that can be molded in to intricate shapes and products is expected to create new opportunities for liquid silicone rubber manufacturers and therefore leading to introduction of wide range of new Liquid Silicone Rubber products and expansions by companies.
Liquid Silicone Rubber Market: Dynamics
The Liquid Silicone Rubber market is expected to, in turn, be driven by steady growth in global healthcare industry coupled with increasing aging population in the near future. The demand of liquid silicone rubbers is also expected to amplify owing to anticipated robust growth in electronics sector. Furthermore, demand for Liquid Silicone Rubber from automotive segment is also estimated to uplift the overall demand for liquid silicone rubber over the forecast period. On the other hand stringent rules and regulations concerning specifications associated with use of liquid silicone rubber, especially, in medical devices is expected to hamper the growth of liquid silicone rubber market. Moreover, there has been an increase in application of transparent liquid silicone rubber in optical applications. This is expected to create lucrative opportunities for manufacturers in terms of revenue.
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Liquid Silicone Rubber Market: Segmentation
Global Liquid Silicone Rubber market can be segmented on the basis of grade, application and region.
On the basis of grade, global Liquid Silicone Rubber market can be segmented as

• Industrial Grade
• Medical Grade
• Food Grade

On the basis of application, global Liquid Silicone Rubber market can be segmented as

• Automotive
• Electrical & Electronics
• Healthcare & Medical Devices
• Consumer Goods
• Others

Liquid Silicone Rubber Market: Regional Outlook
North America is expected to be the dominant market for Liquid Silicone Rubber during the forecast period. This can mainly be attributed to strong healthcare and medical devices manufacturing activity in the region. Moreover, steady growth in demand for Liquid Silicone Rubber from across a wide range of applications including medical, automotive, electronics & electrical, and consumer goods, among others is expected to drive growth in demand for liquid silicone rubber during forecast period. Among all applications healthcare & medical application is expected to hold significant share in the Liquid Silicone Rubbers market. This application is primarily driven by the demand for Liquid Silicone Rubber based medical components, medical devices, and implants. Asia-Pacific market is forecast to be the fastest growing market of Liquid Silicone Rubber. In Asia Pacific, India and China are among the leading consumers of liquid silicone rubber and China is expected to account for major share of Liquid Silicone Rubber market in the region whereas India is expected to register relatively faster growth over the forecast period. Anticipated rapid growth in demand from healthcare industry is expected to drive the growth of Liquid Silicone Rubber market in the Asia-Pacific region.
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Liquid Silicone Rubber Market: Market Participants
Some of the market participants operating in global liquid silicone rubber market value chain include:

• DOW Corning
• Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• Momentive Performance Materials Inc.
• Nusil Technology LLC
• Simtec Silicone Parts, LLC
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.
• Reiss Manufacturing Inc.
• Bluestar Silicones (Elkem Group)
• KCC Corporation
• Stockwell Elastomerics Inc.
• Applied Silicone
• Mesgo S.P.A.
• Accurate Products
• Innovative Silicones

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Acrylic Emulsions Market Value Projected to Expand by 2017-2027

Introduction: Acrylic Emulsions Market
Acrylic are the esters of acrylic acid and are formed from the reaction between acrylic acid and alcohol whereas emulsion are the colloidal suspension of a fluid in another fluid primarily in oil and water. Pure acrylic emulsions are broadly used in the preparation of a number of end-use products. Which includes architectural coatings, building materials, industrial coatings, glass-fiber secondary binders for tissues and veils. Water borne acrylic emulsions creates high performance coatings for various end use industries such as, printing ink, paper making and many more. Recently manufacturers are focusing on to provide advance technologies for the acrylic emulsions market as they providing more advanced formaldehyde free technologies or self -cross linking and also to focus on raw material selection for the acrylic emulsions. Properties of the acrylic emulsions plays a key role in the improvement of the quality such as it provides better coalescing properties than others. Growing responsiveness in regard with the hostile effects of VOC emissions, which is a primarily present in the solvent based goods, this has increased the demand for acrylic emulsion.
Market Dynamics: Acrylic Emulsions Market
Acrylic emulsion market is expected to gain traction in between the forecast period. Significant application of the acrylic emulsion boosting the market demand such as, it’s application in both water based and solvent based emulsions, growing disposable incomes has lead the consumers to spend noticeably high sums on superior quality paints and coatings, which is in-turn boosting the demand for acrylic emulsions in coatings and paints in the global market. Besides this, recovery of the infrastructural development and construction sector across many economies is also supporting the growth of the global acrylic emulsions market

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The only restraint hampering the market growth is the increasing usage of polyurethane dispersions in coating applications which has relatively cheap price as compared to acrylic emulsions and may possible to as a substitute in the near future. On the basis of product type, Polymer & copolymer is expected to be the significant growing segment in the acrylic emulsions market owing to its growing usage in nonwoven hygiene related products. Manufacturers have strong opportunity to gain maximum revenue share from the acrylic emulsion market. On the basis of the geographical region, Asia pacific is expected to grow with the healthy CAGR over the forecast period, China and India are the key contributor for the growth of acrylic emulsions market, China is expected to represent significant incremental dollar opportunity in between the forecast period followed by the India and Japan.
Market Segmentation: Acrylic Emulsions Market
Acrylic emulsions market is segmented on the basis of product type and application
On the basis of product type, acrylic emulsions market segmented as

• Pure Acrylic
• Polymer & Co-polymer

On the basis of application the acrylic emulsions market segmented as

• Paints & Coatings
• Construction Additives
• Adhesives & Sealants
• Paper Coatings
• Others

 Regional Outlook: Drum Liners Market
Globally, North America projected for the lucrative market share in terms of revenue in the global acrylic emulsions market by the end of 2017, owing to the renovation activities being started in the North American countries.
Rising economic growth, convenience of cheap labor, growing foreign investments, are some of the key factors expected to fuel the market growth over the forecast period. Increasing demand from countries such as China, India, and Malaysia are expected to boost the demand of the market in the Asia-Pacific region.  In the emerging markets, such as in Latin America, the coatings application is expected to drive the acrylic emulsions market owing to growing consumer awareness, government stringent regulations.

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Some of the key players in the acrylic emulsions market are

• BASF
• Ashland
• The DOW Chemical Company
• Lubrizol Corporation
• B. Fuller
• Arkema Group
• Synthomer Plc
• Celanese Corporation
• KAMSONS CHEMICALS PVT. LTD.,
• Pexichem Private Limited
• Astra Chem Tech Private Limited
• K. CHEMPRO INDIA PVT LTD
• Jesons Industries Pvt Ltd

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Oil and Gas Field Services Market Poised to Garner Maximum Revenues During 2017-2027

Oil and Gas Field Services Market: Introduction

Oil and Gas field service companies offers services to various oil & gas explorations companies helping in various oil-related activities, such as  extraction, drilling, exploration, completion, stimulation, intervention production and transportation among others, for fulfilling different purposes over the entire oil well exploration life cycle. The primary consumers comprises of oil and gas production and exploration companies which require drilling equipment and services whereas the secondary consumers are the companies which convert oil and gas into other forms of energy. Examples of secondary consumers include oil processing power plants, refineries, etc.

Efforts are being made to discover new oil and gas fields to cater to the escalating demand of energy and petroleum products, especially from end-user sectors, such as, power plants, transportation and other industries. Besides the fact that crude oil production is increasing with every passing day, this is expected to be the primary driver for this market over the forecast period.

Liberation of Mexican oil and gas industry as well as the combined shale gas revolution in the U.S. and China is anticipated to fuel the oil and gas field services market globally.

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Oil and Gas Field Services Market: Dynamics

The increasing demand for petrochemicals and energy coupled with growing investments in oil & gas exploration activities is expected to drive the Oil and Gas Field Services market during the forecast period. Repair and overhaul activities are also expected to fuel the demand of Oil and Gas Field Services in the forecast period.

The demand for oil and gas services varies directly with the change in the prices of oil and gas. For instance, if there is a surge in the prices of petroleum products, the exploration companies will target drilling service providers, thereby driving the oil and gas filed services market.

Development of technologies, such as enhanced oil recovery, is anticipated to further drive the onshore Oil and Gas field services market.

Increased investments in research and development of equipment for drilling, which can save time, is also expected to accelerate the oil and gas field service industry over the forecast period.

On the contrary, current slowdown of oil production, related operational challenges and resultant environmental concerns  are expected to hamper the growth of the oil and gas field services market.

Oil and Gas Field Services Market: Segmentation

Oil and Gas Field Services Market can be segmented on the basis of application into:

• Onshore
• Offshore

Oil and Gas Field Services Market can be segmented on the basis of services into:

• Drilling
• Production

Oil and Gas Field Services Market can be segmented on the basis of consumers into:

• Primary
• Secondary

Oil and Gas Field Services Market: Regional Outlook

North America is expected to hold a major share in the Oil and Gas field services market due to new technological advancements used to explore shale gas and deep water productions.

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Middle East and Africa is also expected to witness significant growth in Oil and Field Services industry during the forecast period due to the presence of a huge number of oil and gas reserves in the region.

The Asia Pacific region is expected to witness growth in Oil and field gas services industry during the forecast period. Large LNG facilities in Curtis Island and the construction of Wheatstone and Prelude LNG plants in Western Australia will fuel the Asia pacific oil and gas Field services market.

That aside, the presence of a large number of refineries in China and Japan is also expected to spur the growth of Oil and gas field services during the forecast period.

Oil and Gas Field Services Market: Market Participants

Examples of some of the market participants identified across the value chain Oil and Gas Field Services market include:

• Halliburton Company
• Schlumberger Limited
• Baker Hughes Inc.
• Weatherford International
• National Oilwell Varco
• SaipemSpA,
• National Oilwell Varco
• Superior Energy Services, Inc. (U.S.)
• GE Oil & Gas (U.K.)

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Alumina Trihydrate Market is Anticipated to Register 5.7% CAGR through 2026

Future Market Insights (FMI) delivers key insights on the alumina trihydrate market in its latest report titled, “Alumina Trihydrate Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2026”. According to the report, the global alumina trihydrate market revenues are projected to expand at a CAGR of 5.7% during 2016-2026.

Alumina trihydrate (ATH) is used in manufacture of glass, ceramics, paints & coatings, etc. It finds major application as a flame retardant and smoke suppressant in materials due to its ability to release water of crystallisation as water vapour when heated above 220°C.

Alumina trihydrate is commercially available in the market for a number of applications such as waterproofing, furniture and tapestry production. Alumina trihydrate is available in multiple grades—coarse, precipitated, chemically treated and superfine. Depending on the application and customised demand from end-user industries, these grades and particle sizes can be modified.

Alumina trihydrate also finds major application in polyester and polymer resins as low-smoke, non-toxic replacement for latex, rubber, wires & cables and floorings. Major end-use industries that use alumina trihydrate are plastics, paper, paints & coatings, adhesives, chemicals, and pharmaceuticals.

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Factors Driving the Alumina Trihydrate Market

Key driving factors identified in the global alumina trihydrate market include increasing growth of flame retardant plastics in industrial sectors such as automotive and construction in emerging markets and increasing use of alumina trihydrate in chemical applications.

Increasing use of alumina trihydrate as flame retardant as well as a filler in adhesives and paints & coatings industry is expected to drive growth of the alumina trihydrate market over the forecast period. Increasing use of alumina trihydrate (alum) in water treatment are expected to fuel growth of the overall global alumina trihydrate market during the forecast period.

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Demand for ultra-fine alumina trihydrate as flame retardant is a major underlying factor anticipated to fuel growth of the global alumina trihydrate market between 2016 and 2026. This, in turn, is forecast to create significant market opportunities for alumina trihydrate manufacturers, distributors and product assemblers in the coming years. Demand for alumina trihydrate is especially high in emerging market such as India, China, and Brazil.

Alumina Trihydrate Market Segmentation

The global alumina trihydrate market is segmented on the basis of end-use industry and region. The end-use industry segment is further segmented into plastics, paper, paints & coatings, adhesives, chemicals, pharmaceuticals and others. Key regions covered in the report are North America, Western Europe, Asia Pacific excluding Japan, Eastern Europe, Middle East & Africa, Latin America and Japan.

On the basis of regions, APEJ is estimated to be the largest market for alumina trihydrate, accounting for 27.1% value share of the global alumina trihydrate market in 2016. This region continues to dominate the market and is expected to continue to do so over the forecast period.

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On the basis of end-use industry, the chemicals and plastics industry segments are projected to exhibit CAGRs of 6.9% and 5.2%, respectively, in terms of market value over the forecast period. This is primarily owing to the increasing utilisation of alumina trihydrate for water treatment as well as flame retardants.

Key market participants covered in the report include Alfa Aesar, Sumitomo Co. Ltd., Albemarle Corporation, Nabaltec AG, Huber Engineered Materials, Showa Denko K.K., NALCO, MAL Zrt, Alcoa Inc. and Aluminum Corp. of China Ltd.

A High Single-Digit 8.5% CAGR Projected for Variable Frequency Drive (VFD) Market During 2016-2026

Future Market Insights (FMI) delivers key insights on the global variable frequency drive market in its latest report titled “Variable Frequency Drive (VFD) Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2026.” According to FMI’s report, the variable frequency drive (VFD) market is expected to increase at 7.2% CAGR in terms of value during 2016-2026; volume-wise, FMI estimates the VFD market to expand at 8.5% CAGR.

Growth of the global variable frequency drive market is mainly driven upsurge in energy prices, introduction of variable frequency drives that can be retrofitted on existing motors, widening application areas, and tightening of energy-efficiency norms. VFD manufacturers are focusing on diversifying their variable frequency drive portfolio in order to enhance their presence in the market.

FMI’s report has segmented the variable frequency drive market on the basis of drive type, voltage range, application type, end-use application, and end-use industry.

On the basis of drive type, the market has been segmented into AC, DC and Servo variable frequency drive segments. The AC variable frequency drive segment accounted for over 70% value share of the global variable frequency drive market in 2014. However, by the end of 2026, this segment is expected to witness a decline of 110 BPS in its market share.

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On the basis of voltage range, the VFD market is segmented into medium and low. Low voltage range VFDs account for higher market share, and this segment is expected to increase at 7% CAGR in terms of revenue.

Variable frequency drive market segmentation by application type includes standard and regenerative segments. In terms of value as well as volume, the regenerative application type segment is anticipated to expand at a higher CAGR during 2016-2026.

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By end-use application, the global variable frequency drive market is segmented into pump, HVAC, fans, compressor, conveyor and ‘other’. Among these, the pump segment dominated the overall market in terms of value with over 30% share in 2014; however, this segment will witness a decrease of 90 BPS in its market share by the end of 2026.

By end-use industry, the market is segmented into oil & gas, food processing, automotive, metals & mining, pulp & paper and other end-use industries. Of these segments, the oil & gas end-use industry segment dominated the market in terms of both value and volume contribution in 2014.

Region-wise, the Asia Pacific Excluding Japan (APEJ) market dominated the global VFD market in 2014, accounting for over 30% share in terms of both value and volume. APEJ is expected to remain the most lucrative market for variable frequency drives during the forecast period as well. Expansion of industrial base and manufacturing capacities is fuelling the growth of APEJ market.

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Key Players in Variable Frequency Drive Market

Some of the key players identified in the global variable frequency drive market are Fuji Electric Co. Ltd., Mitsubishi Electric Corporation, Siemens AG, ABB Ltd., American Electric Technologies Inc., General Electric Company, Hitachi Limited, Honeywell International Inc., Rockwell Automation Inc., Johnson Controls Inc., Emerson Industrial Automation, Toshiba International Corporation and Schneider Electric SE. Major players in the market follow the strategy of introducing innovative and cost-effective variable frequency drives to buy out competition.

Truck Mounted Concrete Pump Market to expand at a CAGR of 5.8% by 2025

The global truck mounted concrete pumps market features a largely consolidated vendor landscape, with the top six companies accounting for a nearly 95% of the market in 2016, finds Transparency Market Research (TMR) in a recent report. These six vendors, namely Zoomlion Heavy Machinery Co. Ltd., SCHWING, Sany Group & Putzmeister, XCMG, LIEBHERR, and Concord Concrete Pumps command immense power in the market owing to strong brand identities, expansive product portfolios, and globally spread business operations.

The level of competition is very high in the market and is expected to remain the same over the report’s forecast period as well. To strengthen their hold on the world market, companies are focusing on adopting strategic collaborations, aggressive pricing, and ways of reaching out to a larger consumer base through geographical expansion. These factors are expected to further intensify the level of competition in the market.

TMR estimates that the global truck mounted concrete pump market will exhibit a promising 5.8% CAGR over 2017 and 2025, rising from an opportunity of US$2.79 bn in 2016 to US$4.64 bn by 2025. 

Truck Mounted Mobile Pumps to Remain Most In-demand Product Variety

In terms of the type of truck mounted concrete pumps analyzed in the report, the segment of truck mounted mobile pumps is presently the leading revenue contributor to the global market. The trend is expected to remain strong over the forecast period as well, with mobile pumps likely to find favorable demand across small and big construction sites across the globe. In terms of geography, the market for truck mounted concrete pumps in Asia Pacific presently holds the lion’s share in the global market owing to a thriving construction industry in some of its top developing economies. The region, accounting got over 55% of the global market in 2016, is expected to continue to have a significant influence on the overall market over the forecast period as well.

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Steady Pace of Development of Urban Settings in Developing Economies to Drive Market

To support the development of an ever-rising population moving to urban settings and the rapid pace of development of the industrial sector, especially in emerging economies in regions such as Asia Pacific, Latin America, and Middle East and Africa, governments are investing vast funds towards infrastructure development projects. The resultant surge in construction activities across the globe has led to the significant rise in demand for construction equipment such as concrete pumps. In the next few years as well, these factors will continue to drive the global truck mounted concrete pumps market towards a healthy growth path.

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Rising Usage of Precast Concrete Structures to Hamper Growth Prospects

Despite having promising growth prospects, some factors continue to challenge the overall growth prospects of the global truck mounted concrete pumps market. Factors such as the increased usage of precast concrete structures across a number of construction projects and the high influence of economic and political factors on the overall development of the construction industry are projected to impact the market negatively. Nevertheless, companies operating in the sector could benefit from the vast growth opportunities present in emerging economies.

This review of the global truck mounted concrete pump market is based on a recent Transparency Market Research report, titled “Truck Mounted Concrete Pump Market (Product - Truck Mounted Mobile Pump, Truck Mounted Static Pump and Truck Mixer Concrete Pump; End-use Sector - Industrial, Residential, and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”

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A High 5.9% CAGR Projected for Automotive Carpeting and Roofing Market During 2017-2025

With top players holding over 50% share in 2016, the global automotive carpeting and roofing market exhibits a fairly consolidated vendor landscape. These companies were Faurecia, Lear Corporation, Autoneum Holding Ltd., and Magna International Inc., finds Transparency Market Research (TMR) in a new study. Besides investing in product development, a majority of the leading market players are exploring mergers and acquisitions to gain stronger foothold in the global automotive carpeting and roofing market.

Because the market players are operating in a dynamic business environment, they are keen on aligning their strategies with technological shifts. Considering this, in the next few years, the automotive carpeting and roofing market is likely to witness increasing investment in research and development activities as companies aim to benefit from technological advancements.

Spurred by these strategies and other growth drivers, the global automotive carpeting and roofing market is prophesized to progress at a CAGR of 5.9% between 2017 and 2025. At this pace, the market’s valuation is expected to reach US$22.69 bn by the end of 2025, from US$13.51 bn in 2016. Based on vehicle type, passenger vehicles, light commercial vehicles, and heavy commercial vehicles constitute the key market segments. Of these, passenger vehicles held the dominant share of over 56% in the global market in 2016, reporting higher demand for aesthetics.

Regionally, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the key market segments. Among these regions, Asia Pacific emerged dominant with a share of 33.5% in the market in 2016. The rising demand from India, Japan, and China is aiding the expansion of the automotive carpeting and roofing market in Asia Pacific.

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Rising Investment Aimed at Technological Advancements Aids Market’s Expansion

A majority of companies operating in the global automotive carpeting and roofing market are pumping investment through private equity in the sector. These firms have become increasingly active and thus have significant impact on the automotive carpeting and roofing market. With private equity firms pursuing the buy and build strategies, sooner than expected the automotive carpeting and roofing market will reap the benefit of the same.

Besides this, factors such as the increasing application of green technologies in automotive leather materials, use of nano materials in automotive fabric, and other recent advancements are paving way for the market’s growth in the future. This transition has been brought about by the increasing research and development in the automotive sector. These recent trends could usher lucrative prospects for the market as world is gradually inclining towards more eco-friendly living. Integrating green technologies will entail lesser emission thus making the vehicles more eco-friendly and fuel-efficient.

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These developments are a part of recently introduced hybrid and electrical vehicles. Not only are these vehicles lightweight and more fuel-efficient, but they include aforementioned attributes. Thus with the increasing demand for electric vehicles, the market players in the automotive carpeting and roofing market will gain immensely, especially the manufacturers offering green technologies in automotive leather materials and nano materials for automotive fabric.

Changes in Global Vehicle Production have Negative Impact on Overall Market

On the downside, the fluctuating global production of vehicles is negatively impacting the overall market. Alteration in vehicle production could decelerate the demand for automotive carpeting and roofing materials. This pose considerable threat to the market, inhibiting its trajectory to an extent. Nevertheless, with rising opportunities across emerging nations of Asia Pacific, the impact of the restraint can be lessened. The demand for vehicles in countries such as China, Japan, and India is rising at a high pace. Furthermore, the increasing demand for advanced, electric, and hybrid vehicles from these nations are tipping scales in favor of the automotive carpeting and roofing market.

This review is based on a TMR report, titled “Automotive Carpeting and Roofing Market (Component - Floor Carpet, Trunk Trim, and Headliners/Sunshades; Material - Fabric, Rubber, Polyvinyl Chloride, and Foam; Vehicle Type -Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025.”

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Ag Paste Market is Anticipated to Register 10.0% CAGR through 2024

Transparency Market Research observes that the global Ag paste market is moderately fragmented. The market currently faces threat from cheaper substitutes that are being developed by competitors. However, if players can cater to the soaring demand for Ag paste in the solar industry, they can overcome the hurdles to book whopping profits. Currently, the players are focused on expanding their geographical reach by making long-term supply agreements with buyers. The leading players in the global market are Johnson Matthey, Metalor, Dupont, and Heraeus Holding.
According to the research report, the global Ag paste market was valued US$1.9 bn in 2015 and is expected to reach a valuation of US$4.5 bn by the end of 2024. Analysts project that the global market is expected to progress at a CAGR of 10.0% between 2016 and 2024.
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Asia Pacific to Dominate Global Market as it Acquires 56.8% Share by 2024
In terms of geography, the global Ag paste market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. The report points out that Asia Pacific dominated the global market 2015. The demand for Ag paste in Asia Pacific will be attributable to the emergence of the solar industry. The subsequent demand for photovoltaic solar cells is expected have a positive reflection on the overall market.
The application of Ag paste is seen in thermal interface material and EMI shielding. Of these, the thermal interface material segment is projected to dominate the global market throughout the forecast period. By the end of the forecast period, this segment is estimated to hold a share of 76.7% in the overall market. The mounting demand for photovoltaic solar cells in the developing countries is expected to boost the thermal interface material segment.
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Demand for Renewable Energy Contributes to Soaring Revenue of Global Market
Nations across the globe are striving to find sustainable energy solutions to reduce the impact of global warming by cutting down on carbon emissions. This has triggered a mammoth demand for renewable energy around the world, thereby fuelling the need for solar energy. All of these factors put together have led to the emergence of the solar industry and in turn, the demand for photovoltaic (PV) cells. As solar capacities increase, the demand PV cells will also spike, which, in turn, will augment the uptake of Ag paste. The report also states the burgeoning automobile sector is likely to increase the demand for Ag paste as it will be extensively used in in printed circuits of defogging systems, antennae, and alarm circuits. The increasing expenditure on electrical and electronic appliances is also expected to ensure rising demand for Ag paste in the near future.
Availability of Cheaper Alternatives to Restrain Growth of Overall Market
The global Ag paste market is expected to face a few challenges such as availability of cheaper substitutes. The cheaper alternatives include carbon nano materials, aluminum, and copper. The market is also likely to be restrained by varying purity of silver that is used for manufacturing Ag paste. Furthermore, the volatile prices of silver are also likely to create a negative impact on the global market in the near future.
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A High 6.74% CAGR Projected for Cubic Boron Nitrates Market During 2016-2024

The nature of the global cubic boron nitrates market is highly consolidated, states Transparency Market Research (TMR) in a research report. The leading three companies collectively held a share of over 48% in the market in 2015. It has been projected that the scenario will be almost the constant in the years ahead. The leading players such as Saint-Gobain, Showa Denko K.K., and 3M are expected to display backward integration towards the hexahedron boron nitrates market. As a result of this the competitive landscape of the market is expected to be comparatively moderate. At present, the key strategy that has been adopted by the leading market players is product advancement for developing their business and keeping pace with the changing scenario along with increasing their consumer base.

According to a TMR analyst, “The global market for cubic boron nitrates is anticipated to rise at a 7.10% CAGR from 2016 to 2024. In 2015, the market was worth US$531.3 mn and is expected to rise to a valuation of US$978.9 mn by 2024.”

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Inserts to Remain in Demand Strongly            

Powder, mesh, wheels, and inserts are the principle items accessible in the worldwide market for cubic boron nitrates. Amongst these, the demand for inserts is greater than others and is expected to remain so in the following couple of years. The expanding use of supplements in the metal preparing industry, inferable from the rising necessity of procedures, for instance, cutting, crushing, and completing for items in the aerospace, medical, and the automotive segments is relied upon to support the demand for inserts over the world sooner rather than later. Because of the expanding usage of inserts in cutting and granulating applications, the demand for wheels is probably going to decrease discernibly throughout the following couple of years.

Region-wise, Asia Pacific dominated the global cubic boron nitrates with a share of 35% in the same year. Researchers anticipate that this territorial market will stay driving throughout the forecast period, because of the presence of a substantial number of market players and the broad interest for cubic boron nitrates in different Asian economies, Japan, India, and China.

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Proliferating Awareness to Accelerate Demand of Cubic Boron Nitrates

The expanding mindfulness with respect to the advantages of cubic boron nitrates over other hard materials utilized for different modern procedures, for instance, cutting, pounding, boring, and exhausting, is having the extreme effect on the development of the worldwide market for cubic boron nitrates. Precious stone is said to be the hardest material used for these procedures however it additionally has different mechanical impediments, which gives a cubic boron nitrates an edge over it, considering decidedly the interest for the previous over the world.

Right now, the market looks flourishing and brimming with circumstances. Be that as it may, the high cost related with the creation procedures may stop this market from developing consistently in the years ahead. 

The study presented here is based on a report by Transparency Market Research (TMR), titled, “Cubic Boron Nitrates Market (Product - Inserts, Wheels, Mesh, and Powder; Application - Raw Abrasives, Coatings, Cutting & Grinding, and Lapping & Polishing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

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