Global Paints & Coatings Market is Expected to Reach Over US$196.5 Bn By 2022: Credence Research

According to a new market report published by Credence Research “Paints & Coatings Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the paints & coatings market was valued is expected to reach over US$196.5 Bn by 2022, expanding at a CAGR of more than 5.0% from 2015 to 2022.

Browse the full Paints & Coatings – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/paints-and-coatings-market

Market Insights:

Coatings are coverings that are applied to the surface of any object to protect it from corrosion, dust and for decoration. It is referred as a substrate and is mainly used as a functional material for many applications. Hence, paints & coatings are widely used for many applications in various end-user industries. Functional paints & coatings are used to change the surface properties of object which includes adhesion, wear and corrosion resistance among others. In case of device fabrication, the coatings used add excellent new properties such as electrical conductivity and magnetic response among others. These factors have promoted the growth of paints & coatings industry worldwide.

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Rising population in emerging economies such as Asia Pacific has boosted the growth of construction industry. China and India are the major countries boosting market demand for residential projects which is driving the market for paints & coatings in the region. Asia Pacific is the largest and fastest growing market for paints & coatings worldwide. The increasing demand for paints & coatings in the construction industry is the major factor driving the growth of global paints & coatings market. Hence, high demand from the construction industry is expected to boost market growth of global paints & coatings market. Paints & coatings are segmented into premium, medium and economy coatings depending on the quality and price of the product. Premium coatings are expected to experience high growth due to its beneficial properties as compared to other coatings in the market.

Competitive Insights:

Architectural coatings accounted for larger share of global paints & coatings market. The growing demand for residential and commercial projects in emerging economies such as Asia Pacific and Rest of the World has led to high demand for paints & coatings in the market. Architectural coatings are expected to gain high demand among other coatings in the market. Industrial coatings followed architectural coatings in terms of demand and the market is expected to grow in the near future. High demand from industrial sector for machine manufacturing, automobiles, etc. is anticipated to boost market for paints & coatings. Other applications such as special purpose coatings are also projected to generate high demand for paints & coatings worldwide. These coatings offer less benefits but are widely used for small scale applications. Hence, paints & coatings market is projected to grow in the near future.

Key Trends:

  • Architectural coatings in construction industry
  • Manufacturing process of automobiles and machinery
  • Wide applications in numerous end-user industries
  • Opportunities from increasing research activities for green and environment friendly coatings

Browse the full Paints & Coatings – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/paints-and-coatings-market

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,

CA 95103, United States

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E-mail: sales@credenceresearch.com

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Global Hematoxylin Market To Reach US$ 2,899.96 Mn By 2025: Credence Research

According to a new market report published by Credence Research Inc., “Hematoxylin Market by Application (Laboratories & Textile), by Type (Alum Hematoxylin, Iron Hematoxylin, Tungsten Hematoxylin & Others)”  – Growth, Future Prospects, Competitive Analysis and Forecast, 2017 – 2025”, the worldwide hematoxylin market was valued at US$ 1,532.64 Mn in 2016.

Browse the full report at http://www.credenceresearch.com/report/hematoxylin-market

Market Insights:

Hematoxylin market is projected to witness high growth owing to rising demand from end use application. It is widely use as dye in histological studies and textiles application. Furthermore, aging global population, growing number of diseases and standardization of pathological laboratories are the factors anticipated to drive the investment in research and development with the concentration to cure the critical diseases such as cancer, etc. Increasing research and development in biomedical is fueling the demand for dyes such as hematoxylin.

However, volatile raw material prices & increasing use of substitutes are the factors hampering the market growth. China, Japan and India are expected to be the most attractive markets for hematoxylin, offering high growth potential. Besides this, Asia Pacific offers low cost of manufacturing, which can provide competitive advantage to the hematoxylin.

Competitive Insights:

The global market for hematoxylin is highly competitive and fragmented due to presence of various players. To gain competitive advantage, players should provide better services to buyers. Market players are involved in adopting various strategies such as geographical expansion, mergers, acquisitions, and R & D (Research & Development) in order to develop their business and survive in the long run. Some of the prominent players present in this market are Abbey Color, Sigma-Aldrich, Thermo Fisher Scientific, Inc., American MasterTech Scientific Incorporated, Cardinal Health, Inc. and Molychem among others.

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Key Trends:

  • Asia Pacific offers huge untapped market potential
  • Rising demand from end use application
  • Growing prevalence of various disease along with rising demand for personalized medicine is projected to propel the demand for hematoxylin over the forecast period

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,

CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Textile Chemicals Market Assessment Report Now Available at Credence Research

Credence Research has recently issued a new market assessment report titled “Textile Chemicals Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2022”. The global Textile Chemicals Market study provides a comprehensive view of the ongoing and future phases of the 3D Printing industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution.

Browse the report at http://www.credenceresearch.com/report/textile-chemicals-market

Based on geographic/regional distribution the global Textile Chemicals Market is studied for key regional markets focusing on the respective geographic trends and statistics, and thereby delivering market size and forecast values. The Textile Chemicals Market based on geographic classification is studied for North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa markets. Among these, the North America, Europe and Asia-Pacific Textile Chemicals Market is studied for top country-level markets. The 3D Printing industry in each individual country market is studied based on parameters such as per capita income, population, gross domestic product (GDP), status of infrastructure, purchasing power parity, etc. Technology development, industry concentration, end-user preference, and similar such grounds are also considered while estimating the market for 3D Printing. The market estimates are provided for the period 2014-2022, along with corresponding compounded annual growth rates (CAGRs) for the forecast period 2016-2022.

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This report on Textile Chemicals Market also offers competition assessment tools such as market positioning of key players, attractive investment proposition, and Porter’s Five Forces model to give the readers a view of the competitive scenario of the Textile Chemicals Market. The Textile Chemicals Market report is concluded with company profiles chapter. This section highlights major information about the key players engaged in development, manufacture, distribution and sale of 3D Printing in the international markets.

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Major extracts from the Table of Content of Textile Chemicals Market, 2016-2022 report:

Textile Chemicals Market Dynamics – Drivers, Challenges, Opportunities

Textile Chemicals Market Size and Forecast for the Period 2014-2022

Textile Chemicals Market CAGR for the Period 2016-2022

Textile Chemicals Market Competitive Analysis, by Key Players

Textile Chemicals Market: Attractive Investment Proposition, by Geography

Textile Chemicals Market: Key Commercial Events

Textile Chemicals Market: Future Prospects (upcoming product approvals)

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About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Media Contact

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US

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1, 3 – Diphenylguanidine Market is expected to reach US$ 155.0 Mn by 2022: Credence Research

According to a new market report published by Credence Research “1, 3 – Diphenylguanidine Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2015 – 2021,” the 1, 3 – Diphenylguanidine market was valued at US$ 102.1 Mn in 2014, and is expected to reach US$ 155.0 Mn by 2022, expanding at a CAGR of 5.4% from 2015 to 2022.

Browse the full 1, 3 – Diphenylguanidine Market for Vulcanization of Rubber, Primary Standard for Acids and Metal Detection- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/1-3-diphenylguanidine-market

Market Insights:

1, 3 – Diphenylguanidine is an organic compound white to pale pink in color which is scantily soluble in water but easily soluble in acetone, ethanol and chloroform among others. It is widely used as a primary and secondary accelerator in the vulcanization of rubber. It is also used as activator for various thiazoles and thiuram. Vulcanization of rubber accounted as the largest application of 1, 3 – Diphenylguanidine market in 2013 and is expected to increase in the near future. Vulcanization is a chemical reaction between sulfur and rubber resulting in cross links being formed between rubber polymer chains. Cross linking increases the strength and elasticity of rubber which makes it suitable for wide range of applications in the rubber industry. The materials which are vulcanized have excellent mechanical properties and are less sticky. Diphenylguanidine is a very common accelerator for vulcanization of rubber among other accelerators present in the market. Therefore, high demand is reported for 1, 3 – Diphenylguanidine in the global market. 1, 3-diphenylguanidine is widely used in the chemical industry as it is suits all the requirements for a compound to be a primary standard. The benefit of 1, 3-diphenylguanidine as a primary standard is its large equivalent weight and easy solubility. It can be used for standardizations of acetous and aqueous solutions. Hence, 1, 3-diphenylguanidine is anticipated to experience high demand from the chemical industry as a primary standard for acids. Metal detection is also projected to fuel market demand for 1, 3 – Diphenylguanidine during the forecast period.

Competitive Insights:

Asia Pacific dominated the global 1, 3 – Diphenylguanidine market in 2013 and is expected to retain its position in the near future. The growing demand for rubber products from the automobile industry has booted growth of global 1, 3 – Diphenylguanidine market in the region. Increasing demand for automobiles from developing countries such as China and India has led to growing demand for rubber products which in turn has led to the demand for 1, 3 – Diphenylguanidine in the market. North America accounted as the second largest market for 1, 3 – Diphenylguanidine and is expected to follow Asia Pacific in terms of demand. Rising demand for rubber products in the region has boosted market growth of 1, 3 – Diphenylguanidine in the region. Growing demand for automobiles from the developing economies has led to growing automobile industries in Europe. Therefore, growing automobiles industries has led to high demand for rubber products, thereby contributing to the growth of 1, 3 – Diphenylguanidine market. Other regions such as Latin America and Middle East and Africa are also anticipated to fuel market growth of 1, 3 – Diphenylguanidine during the forecast period from 2015 to 2022.

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Key Trends:

  • Used in manufacturing of rubber products
  • Used in chemical industries as primary standard
  • Used for metal detection
  • Opportunities from increasing research activities to identify additional products and industrial uses

Blog: http://www.technicaltop.com/

About Us:

Credence Research is a worldwide industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Global Sodium Silicate Market is expected to each US$ 7.54 Bn by 2025

The latest market report published by Credence Research, Inc. “Sodium Silicate  Market, By Application Type and Geography – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global sodium silicate market was valued at US$ 6.00 Bn in 2016, and is expected to each US$ 7.54 Bn by 2025, expanding at a CAGR of 2.8% from 2017 to 2025. It terms of volume the market is projected to reach over 30.00 million tons by 2025, expanding at a CAGR of 1.6% from 2017 to 2025

Browse the full Sodium Silicate Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/sodium-silicate-market

Market Insights

Rising demand for sodium silicate from various end use industries is the major factor driving the market growth. The product has high demand as cracking catalyst in petrochemical industry. Furthermore, increasing investment in the oil & refinery processing is projected to increase the demand for cracking catalysts, which in turn is projected to increase the demand for sodium silicate. It also finds wide application in rubber and tire manufacturing. Thus, the quick growth of automotive industry is projected to drive the demand for sodium silicate over the forecast period of 2017 to 2025. Rising demand for cleaning agents and detergents from emerging economies is projected to enhance demand for sodium silicate over the forecast period.

However, due to presence of various substitutes and fluctuating prices of raw materials is projected to be the key challenges for market growth. Rising number of water treatment projects along with the rising need for construction & building materials is providing new avenues for growth of the sodium silicate market in the near future.  In addition, the market will also benefit from the growing demand for waste paper recycling due to various environmental concerns.

Competitive Insights

The market is highly competitive owing to the presence of numerous manufacturers with high production volumes. Strong market presence of existing players and demand supply gap owing to high production volumes are the major challenges for new entrants. To enhance their market foothold companies are investing more in R&D to improve the quality of product and to reduce product cost. Merger and acquisition, innovation in the manufacturing process and usage of bio-based raw materials are some of the other strategies adopted by the market players.

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Key Trends

–  Rising demand from various end use industries such as petrochemical, automotive, paper & pulp, water treatment, and detergents among others

–  Manufacturers are investing in numerous business strategies to ensure steady supply of material at desired prices

– Emerging economies offer huge market potential

For Blog: http://www.technicaltop.com/2017/06/26/sodium-silicate-market-global-industry-size-share-growth-analysis-outlook-and-forecast-2017-to-2025/

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About Us:

Credence Research is a worldwide industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Anhydrous Aluminum Chloride Market: Global Industry Size, Share, Growth, Outlook, Opportunities and Forecast 2017-2025 : Credence Research

According to a new market report published by Credence Research “Global Anhydrous Aluminum Chloride Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global anhydrous aluminum chloride market is expected to reach over US$ 964.8 Mn by 2025, expanding at a CAGR of 3.5% from 2017 to 2025.

Browse the full Global Anhydrous Aluminum Chloride Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/anhydrous-aluminum-chloride-market

Market Insights

On the basis of form type, the global anhydrous aluminum chloride market is segmented into powder form and granules form. Among these, granules segment accounted for the largest segment by volume and accounted for more than 55% share of the global market in 2016. Based on application, the anhydrous aluminum chloride market is categorized into Dyestuff & pigments, Hydrocarbon resins, Pharmaceuticals, Fumed alumina, Flavors & fragrances and others. In 2016, dyestuff & pigments segment accounted for largest segment for anhydrous aluminum chloride as anhydrous aluminum chloride is broadly used in production of ethyl benzene and common dyes.

For the purpose of this study, the global anhydrous aluminum chloride market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America and Middle East and Africa. In base year 2016, Asia Pacific was observed as the largest market for anhydrous aluminum chloride followed by North America and Europe. Asia Pacific is expected to achieve highest growth rate compared to other regions due to presence of countries such as China, India and Japan are observing significant industrial growth.

Furthermore, the companies are focusing on expanding their business network, across regional markets. They are strengthening their market penetration by offering wide product range. Aditya Birla Chemicals, Anmol Chloro Chem, Avi-Chem Industries, Base Metal Group, BASF SE, Chemtex Specialty Limited, Gujarat Alkalies & Chemicals Ltd., Gulbrandsen, Kemira Oyj., Lynwon Group, Nike Chemical India, Nippon Light Metal Company, etcetc. are few key manufacturers in global anhydrous aluminum chloride market.

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Key Trends:

– Asia Pacific to continue higher demand for anhydrous aluminum chloride in upcoming years

– Growing application base for anhydrous aluminum chloride

– Dyestuff and Pigment makers show increased demand for anhydrous aluminum chloride

Blog: http://www.technicaltop.com/

About Us:

Credence Research is a worldwide industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Global Nucleic Acid Testing Market Size, Share, Growth, Segmentation, Outlook and Forecast 2017 to 2025: Credence Research

According to the latest market report published by Credence Research, Inc. “Nucleic Acid Testing Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” the global nucleic acid testing market was valued at US$ 1.91 Bn in 2016, and is expected to reach US$ 4.5 Bn by 2025, expanding at a CAGR of  9.8% from 2017 to 2025.

Browse the full report Nucleic Acid Testing Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/nucleic-acid-testing-market

Market Insights :

Nucleic acid testing (NAT) is rapidly growing market in diagnostics industries. Some unique features such as rapid analysis, sensitive, and specific as compared to the traditional method in detection and identification of genetic material contributing the market growth of NAT globally. For the purpose of study, global nucleic acid testing market is segmented on the basis of technology type such as polymerase chain reaction (PCR), strand displacement amplification, ligase chain reaction, transcription-mediated amplification and other technique. It is observed that, in the base year 2016, PCR contributed highest market revenue. Factors such as fundamental technique in detection of different genetic disorders, sequencing, mapping, mutation and structural analysis driving the market growth of PCR worldwide. Global nucleic acid testing market is categorized on the basis of application such as infectious disorders, forensic testing and genetic disorders and other types of disorders and blood screening. Currently infectious disease segment contributed largest market revenue in global NAT market. Due to its capacity to identify genotypes and subtypes of pathogens also it can identify viral load.  Nucleic acid testing market is currently dominated by North America due to technological advancement in testing methods, extensive adoption of genetic engineering by research institutes and pharmaceutical companies driving the market growth of NAT in North America. Currently, Asia Pacific is not major revenue generating segment but it is anticipated that Asia Pacific will show highest CAGR during forecast period.

Market Competition Assessment:

The nucleic acid testing market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as Abbott Laboratories, Inc., Bayer Group, Beckman Coulter, Inc., Becton, Dickinson and Company, BioMérieux SA, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Gen-Probe, Inc., Hologic, Illumina, Inc., Novartis AG, Qiagen, Quest Diagnostics,  Sequenom, Inc., Siemens Healthcare, Tecan Group Ltd. and other.

Key Market Movements:

  • Factors such as higher prevalence of infectious disease, adoption of blood screening methods and technological advancements in diagnostics technique driving the market growth of NAT worldwide.
  • Rising awareness of genetic testing, extensively adoption of genetic engineering by research institutes and pharmaceutical companies, advances in gene editing technologies would further influence the market growth of NAT globally.

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About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Acrylic Acid Market – Global Industry Size, Share, Growth, Analysis, Outlook and Forecast 2015 to 2022 : Credence Research

In 2014, the global market for acrylic acid Market was valued USD 9.50 billion and is projected to reach USD 15.43 billion by 2022 growing at a CAGR of 6.8% from 2015 to 2022. In terms of volume in 2014 the global market for acrylic acid was 5.00 million tons and is projected to reach 7.10 million tons by 2022 growing at a CAGR of 5.0% from 2015 to 2022.

Browse The Full Report At http://www.credenceresearch.com/report/acrylic-acid-market

Rising demand of acrylic acid from wide range of end user applications such as construction, automotive and packaging sectors is one of the major factors driving the market growth. Untapped economies such as Middle East, North East Asia, Eastern Europe and Latin America offers huge growth potential. Environmental concerns and health hazards associated with acrylic acid is one of the major factor inhibiting the market growth. However, commercial production of bio based acrylic acid is one of the most promising factor which will drive growth over the coming years.

The demand for acrylates is the highest from various end use applications. Acrylates is widely used in surface coating applications and is projected to grow at a CAGR of 6.8% from 2015 to 2022 in terms of revenue. Superabsorbent Polymers (SAP’s) are projected to be the fastest growing segment. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. Disposable baby diaper is the largest sector of SAP. However, the demand growth is limited to developing economies, while the most developed regions have reached maturity.

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In 2014, Asia Pacific is the largest as well as fastest growing market. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. High demand for baby diapers and ageing populations is one of the major factor driving the market growth in this region. China is one of the major consumer as well producer of acrylic acid. Asia Pacific was followed by North America and Europe in 2014.

Some of the major players present in this market are BASF SE, Evonik Industries, Sasol Ltd, The DOW Chemical Company, Nippon Shokubai Co. Ltd, and Arkema SA among others.

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About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Acetic Acid Market – Industry Size, Share, Growth, Strategies, Segmentation and Forecast 2015 – 2022 : Credence Research

In terms of revenue in 2014, the global market for acetic acid Market was calculated to be USD 9,075.0 million and is projected to reach USD 14,784.2 million by 2022, growing at a CAGR of 6.8% from 2015 to 2022. In 2014, in terms of volume the market demand for acetic acid acid was 12,100.0 kilo tons and is projected to reach 16,824.2 kilo tons by 2022 at a CAGR of 4.7% during the forecast period.

Browse Full Report At http://www.credenceresearch.com/report/acetic-acid-market

Acetic acid is used as key raw material in manufacturing numerous downstream chemicals such as purified terephthalic acid (PTA), vinyl acetate monomer (VAM), acetic anhydride and acetate esters. These chemicals are further used in wide range of end users industries such as textiles, construction, automobile, pesticides and food ingredients among others. Rising demand for these chemicals in turn is increasing the market demand for acetic acid. Fluctuation in the prices of feed stocks and environmental concerns are major factors restraining the market growth. Emerging technologies and shift in production towards bio based acetic acid will provide huge market opportunities in the future.

In 2014, by application type, vinyl acetate monomer (VAM) was the largest application segment for the market accounting for 33% of the global acetic acid consumption. It is projected to maintain its dominance during the forecast period. Consumption of acetic acid in the manufacturing of VAM is mainly driven by the rising demand for VAM from the adhesive and sealant industry. Acetate Esters is the fastest growing segment of the market driven by the high demand from the coating industry. In 2014, consumption of acetic acid by acetate esters segment was 2,432.1 kilo tons.

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In 2014, Asia Pacific was the largest and fastest growing market for acetic acid and accounted 60% share of the market pie in terms of volume and revenue. It is projected to maintain its dominance during the forecast period. Asia Pacific was followed by North America with a considerable demand. China is the major consumer of acetic acid and is projected to maintain its dominance due to rapid industrialization during the forecast period. Both, Europe and North America market are comparatively mature market and is projected to witness moderate growth rate.

Companies such as DuPont, British Petroleum (BP), Celanese, and Eastman Chemicals dominated the market along with various other manufacturers.

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About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

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