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Anti Corrosion Coatings Market Environmental Regulations
The anti corrosion coatings market comprises liquid and powder coating compounds that act as protective layers in preventing surfaces from rusting and corrosion caused by environmental factors. Technologies such as epoxy, polyurethane, acrylic and alkyd based coatings are extensively used in oil & gas pipelines, chemical tanks, automotive, marine and infrastructure for their anti corrosive properties.
The Global anti corrosion coatings market is estimated to be valued at US$ 46.90 Bn in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the anti corrosion coatings market are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. BASF being one of the largest producers offers anti corrosion coatings under the MasterProtect and Peran brands. The growing demand from oil & gas industry and infrastructure expansion in emerging nations of Asia Pacific and Middle East Africa are major factors driving growth of anti corrosion coatings market. Government investments and initiatives towards rapid urbanization has increased the requirements of anti corrosion protected structures and assets. The accelerating industrialization and expansion of manufacturing sector worldwide is also augmenting consumption of anti corrosion coatings. Infrastructure projects in sectors such as water pipelines, bridges and commercial buildings need anti corrosive coatings to increase durability and service life of structures. Market Key Trends Environment regulations regarding volatile organic compound (VOC) emissions from coatings are forcing manufacturers to develop low VOC and water based coating technologies. AkzoNobel launched its International brand in 2021 made from renewable raw materials exhibiting 95% lower carbon footprint and 100% recyclable. Major players are investing in R&D to offer sustainable anti corrosion solutions without compromising on performance. Another trend gaining popularity is the thermal spray coatings technology used majorly in oil & gas industry which involves applying protective layers through wire arc and flame spraying methods. This technology provides 10 times thicker coatings vs conventional liquid/powder techniques thereby increasing protection lifespan substantially.
Porter’s Analysis
Threat of new entrants: New entrants face high initial investment costs to achieve economies of scale and gain brand recognition in this market.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and standardized nature of anti-corrosion coatings products.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to the availability of raw material substitute options and presence of many suppliers in the market.
Threat of new substitutes: Threat of new substitutes is low as anti-corrosion coatings have well-established application areas and substitutes face high switching costs.
Competitive rivalry: The market is moderately competitive due to presence of many international players. Geographically, North America holds the largest share of the anti-corrosion coatings market in terms of value, supported by growing oil & gas refineries and robust infrastructure development in the region. Asia Pacific is the fastest growing regional market due to rapid industrialization, infrastructure development and growing water treatment sector in major countries like China and India. Geographical regions where the market is concentrated in terms of value include North America and Western Europe due to early adoption of advanced coating technologies in oil & gas, petrochemicals and infrastructure sectors. The anti-corrosion coatings market in Asia Pacific is the fastest growing regional market supported by increasing investments in water treatment plants, pipelines and oil & gas exploration projects in major economies. Countries like China, India and Southeast Asian nations are expected to drive high demand.
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Coating Materials Market Growth, Advanced, Trends, Revenue Analysis 2024-32
The Reports and Insights, a leading market research company, has recently releases report titled “Coating Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Coating Materials Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Coating Materials Market?
The global coating materials market was US$ 157.2 Billion in 2022. The market to register a revenue CAGR of 3.6% over the forecast period and account for a market size of US$ 216.1 Bn in 2031.
What are Coating Materials?
Coating materials refer to substances applied to surfaces to enhance or protect them. They come in various forms such as liquids, powders, or solids and find applications across industries like automotive, aerospace, construction, and electronics. Coatings can enhance durability, resist corrosion, improve aesthetics, provide insulation, or impart specific functions like non-stick or anti-microbial properties. Paints, varnishes, sealants, and adhesives are among the common types of coating materials, each designed for specific surfaces and purposes.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2061
What are the growth prospects and trends in the Coating Materials industry?
The coating materials market growth is driven by various factors and trends. The coating material market is a substantial component of the chemicals industry worldwide, fueled by the need for protective and decorative coatings in industries like automotive, construction, aerospace, and industrial manufacturing. It encompasses diverse coating materials such as acrylics, polyurethanes, epoxies, and more, each serving distinct purposes and possessing unique properties. Market dynamics are shaped by factors such as advancements in technology, environmental directives, and the increasing demand for sustainable and environmentally friendly coatings. Emerging trends in the market include the innovation of smart coatings and the integration of nanotechnology to enhance coating functionalities. Hence, all these factors contribute to coating materials market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Material Type
Pure Metals
Alloys
Ceramic (Oxide)
Pseudo Alloys
By Coating Type
Organic Coatings
Inorganic Coatings
By Thinner Type
Mineral Spirits
Aromatics
Ketones
Alcohols
Water
By End-Use
Automotive
Architectural
Electronic
Food and Beverage
Marine
By Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
AkzoNobel N.V.
PPG Industries Inc.
BASF
The Sherwin Williams Company
Axalta Coating Systems
KANSAI PAINT CO., LTD
Nippon Paint Holdings Co. Ltd.
JOTUN
RPM International Inc.
Tiger Drylac U.S.A
View Full Report: https://www.reportsandinsights.com/report/Coating Materials-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Mirror Coatings Market Size, Share, Analysis Report 2024-2032
IMARC Group's report titled "Mirror Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", The global mirror coatings market size reached US$ 693 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,029 Million by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/mirror-coatings-market/requestsample
Factors Affecting the Growth of the Mirror Coatings Industry:
Thriving Automotive Industry:
The increasing demand for mirror coatings due to the thriving automotive industry is supporting the market growth. These coatings play a crucial role in enhancing visibility, reducing glare, and improving safety in automobiles, making them valuable components. Moreover, the rising adoption of vehicles on account of rapid urbanization is impelling the market growth. Besides this, manufacturers are focusing on developing coatings that meet automotive industry standards for durability, weather resistance, and optical clarity, ensuring their suitability for use in rear-view and side-view mirrors.
Technological Advancements:
Innovations are leading to the development of coatings with advanced functionalities, such as anti-fog properties, anti-reflective characteristics, scratch resistance, and self-cleaning capabilities. These technological enhancements cater to the evolving needs of individuals and industries. Apart from this, key players are investing in research and development (R&D) activities to introduce coatings that offer superior performance, durability, and environmental sustainability, which is bolstering the market growth. These advancements also enable customization options, allowing individuals to choose coatings that align with their specific requirements and preferences.
Rising Focus on Energy Efficiency:
The increasing focus on energy efficiency is contributing to the market growth. Energy-efficient mirror coatings play a vital role in regulating indoor temperatures by reflecting sunlight and reducing heat transfer, thereby lowering the energy consumption associated with heating and cooling systems. Additionally, the rising focus on green building initiatives across residential, commercial, and institutional sectors is bolstering the market growth. Besides this, manufacturers are developing coatings that meet stringent energy efficiency standards while offering optical clarity, durability, and aesthetic appeal.
Leading Companies Operating in the Global Mirror Coatings Industry:
Arkema S.A.
CASIX (Fabrinet)
Diamon-Fusion International Inc.
Dynasil Corporation
Edmund Optics Inc.
FENZI S.p.A.
Ferro Corporation
Guardian Glass LLC (Koch Industries Inc.)
Pearl Nano LLC
The Sherwin-Williams Company
Tianjin Xin Lihua Color Materials Co. Ltd (NBC)
Vitro S.A.B. de C.V.
Mirror Coatings Market Report Segmentation:
By Resin Type:
Epoxy
Acrylic
Polyurethane
Others
Polyurethane represents the largest segment as it offers enhanced adhesion to various substrates, including glass, metal, and plastic.
By Technology:
Nano Coatings
Solvent-Based
Water-Based
Solvent-based holds the biggest market share on account of its ability to ensure long-lasting protection and aesthetic appeal.
By Substrate:
Silver
Aluminium
Others
Aluminium accounts for the largest market share due to the rising focus on enhanced durability and resistance to corrosion, oxidation, and environmental degradation.
By End User:
Building and Construction
Automotive and Transportation
Energy
Others
Building and construction exhibit a clear dominance in the market, driven by the increasing need to prevent injuries.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Asia Pacific enjoys a leading position in the mirror coatings market, which can be attributed to the burgeoning construction sector.
Global Mirror Coatings Market Trends:
The growing demand for mirror coatings due to the rising number of residential and commercial spaces worldwide is positively influencing the market. There is an increase in the need for mirrors equipped with high-performance coatings. These coatings enhance the durability, clarity, and aesthetic appeal of mirrors, meeting the evolving needs of architects, designers, and homeowners. Moreover, innovations in mirror coating technologies ensure mirrors withstand environmental factors and maintain their functionality over time.
Besides this, people are increasingly seeking mirrors with aesthetically pleasing features. Mirror coatings can enhance the appearance of mirrors by providing various effects, such as color tinting, patterned designs, and decorative finishes.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: [email protected] Tel No:(D) +91 120 433 0800 United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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Top 9 Resin Manufacturers in India- A Comprehensive Guide
Resin manufacturers are undoubtedly an essential part of the construction industry. Prominent epoxy floor coating manufacturers manufacture various products. These products have numerous building & construction applications. Epoxy resin is waterproof, making it suitable for various industries like automotive manufacturing, adhesives, airplane manufacturing, etc. These epoxy resin manufacturers are getting popular among their customers as they provide flexibility, durability, decent electrical properties & high resistance to various harmful substances. According to Verified Market Research, the market of epoxy resin manufacturers is increasing rapidly with each passing day, and due to its high demand among customers, it will grow 50% more by 2030. In this blog, we will provide a detailed comparison list of the best Epoxy Resin Manufacturers in India.
What is Epoxy Resin?
Epoxy resin is a polymer created using two elements, i.e., resin and hardener. It is used for varied purposes such as flooring, potting, sealing, casting, etc., due to its non-porous, versatile & durable nature. You can use it with various materials like metal, wood, glass, fabric, etc. It is considered the best product for robust sealing applications due to its heat resistance properties. The epoxy floor coating manufacturer makes it for varied industrial & commercial purposes to achieve the best countertop results.
Criteria for Selecting Resin Manufacturers in India
While selecting the top resin manufacturer, you must ensure that the manufacturer meets your personalized requirements. Here are a few points you can consider for a specific manufacturer, and we have also mentioned the list of the things to look at in their products.
Things to look forward to in an epoxy floor coating manufacturer:
Location
Price
Company's age
Online reviews
Online delivery
Brand reputation
Total products sold / client base
Things to look forward to in an epoxy floor coating manufacturer's product offerings:
Durable adhesive bond
Electrical insulation
Low moisture absorption
Low shrinkage after curing
Anti-corrosive
Heat-resistance
Chemical stability
Absence of volatile organic compounds (VOCs)
Thickness
Durability and pot life
Material & surface compatibility
High fatigue strength & flexural strength
List of Top 9 Resin Manufacturers in India
Here is the list of the top 9 Resin Manufacturers in India -
MB Enterprises, Mumbai:
MB Enterprises, India's leading Epoxy Floor Coating Manufacturer, provides high-quality epoxy resin at competitive prices. The firm has been ruling the market since its entrance in 2004 with premium quality & best customer service. They provide epoxy resin for tabletop, art, lamination, jewelry, flooring, grout, etc. The firm is their customer's favorite as they supply top-notch products with end-to-end packaging in reliable containers.
Shiv Shakti Trading Corporation, Vadodara:
It is a 24-year-old individual proprietorship firm that provides high-quality epoxy resin having a shelf life of 1 year. They are a well-known manufacturer, exporter & importer of Phenyle Solvent Chemicals. They also export to Singapore, Kuwait, Tanzania, Indonesia, and China, besides having business in India.
Awishkar Associates, Pune:
The India-based company has been a wholesale trader & manufacturer of high-quality epoxy resin since 1975.
They provide white color Novolac Epoxy Resins for industrial tooling, paints & coating with a minimum quantity order of 200 kgs.
Tiwari Enterprises, Mumbai:
A well-reputed firm that has been a renowned supplier of epoxy resin since 1999. They provide the Sodee artistry epoxy resin that is non-toxic & crystal clear in the quantity of 1.5kg of Resin plus Hardener. Their products are versatile & best for coating, casting, and art projects like Geode Paintings, Resin Art, Resin Jewelry, Tumblers, Tabletops, Coating Artwork, etc.
Stonera Systems Private Limited, Bengaluru:
The Bangalore-based company started in 1993. It is a trustworthy & well-known epoxy flooring manufacturer. They provide top-quality epoxy resin color, epoxy pigment, and marble epoxy for various industrial uses. They offer epoxy for black granite, slab reinforcement, limestone, etc., of ISEP, ITALY.
Prime Speciality Coatings, Ahmedabad:
The company has been the talk of the town since 2014 due to its impeccable performance. They supply their products in liquid form, a plastic bottle with 1kg, 5kg, and 25kg packaging sizes. You get UV resin from them in a 3:1 ratio that's used for coating & casting.
Chimique Sol, Surat:
The company started in 2010 & with its expertise, it supplies the best epoxy resin color, epoxy pigment, and marble epoxy. Using it is simple & can be purchased for small casting projects to big tabletop projects. The working time or Pot life is 45 min. The epoxy resin gives zero shrinkage, has high gloss & is yellowing resistant.
ARK India, Vadodara:
ARK is one of the prominent epoxy floor coating manufacturers. Their products have a high gloss, crystal clear appearance and are UV resistant with scratch-proof material. They have been serving across India & internationally to Qatar, Bhutan, USA, Maldives, and Saudi Arabia since 2017.
Tapan Art & Craft, Mumbai:
The company started in 2021 & has created a good customer base with its top-notch offerings. Their epoxy resin has various applications, such as automotive, laminates, packaging, construction, anti-corrosive coatings, adhesives, and industrial paints.
Comparison of Resin Manufacturers in India
According to the online reviews, we have compared top Resin Manufacturers in India based on various parameters.
Rating:
MB Enterprises, Prime Speciality Coatings
Experience:
MB Enterprises, Chimique Sol, Shiv Shakti Trading Corporation, Awishkar Associates
Client Satisfaction:
MB Enterprises, Tiwari Enterprises
Response Rate:
ARK India, Prime Speciality Coatings, Awishkar Associates, Tapan Art & Craft
Delivery:
Stonera Systems Private Limited, Tiwari Enterprises, Tapan Art & Craft
Quality:
MB Enterprises, Prime Speciality Coatings, Awishkar Associates
In a nutshell, MB enterprise has got the highest points. It has the best quality, response rate, online ratings, experience & tremendous colossal client satisfaction. Also, all these companies have prominent features in their products, like yellowish resistance, zero shrinkage, self-leveling, glossy shine, zero VOC, fast curing, etc. They are already the best, yet certain other factors discussed in the pointers above need your attention before signing the contract.
Choosing the Right Resin Manufacturer in India
Finding the right Resin Manufacturers in India can be a difficult task. Hopefully, we were able to help you find the right one through this article. We recommend MB Enterprises due to its positive client review and extremely top-notch offerings. MB Enterprises is one of the leading Resin Manufacturers in India. They are well known for providing quality products of epoxy resin color, epoxy pigment, marble epoxy, etc. Explore their main website to understand more about their product portfolio.
Industries now no longer have to compromise on finding a versatile product with solid adhesive qualities after the coming of epoxy resin. Epoxy resin has various applications in structural & engineering, coating & sealant electronics & electrical system, paintings, etc. The rising cases of floor cracks, adhesive needs, etc., have opened various epoxy floor coating manufacturers' stores. They have unmatched features like insulation, corrosion prevention, adhesives, flexibility, and protection from dust or moisture. Once you finalize the Epoxy Flooring Manufacturer, ensure it matches your requirements.
#Resin Manufacturers#Epoxy Resin Manufacurers#Epoxy Resin Manufacturers in India#epoxy floor coating#Epoxy Floo Coating Manufacturers in India
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Choosing the Right Stud Bolts: Factors to Consider
Introduction
When it comes to fastening heavy-duty applications, stud bolts are the unsung heroes that provide stability and strength. These mighty bolts play a crucial role in various industries, including construction, manufacturing, and oil and gas. However, choosing the right stud bolts can be a daunting task, given the wide range of options available. Fear not! In this blog, we'll guide you through the essential factors to consider, making your selection process a breeze.
Understand Your Application
The first step in choosing the right stud bolts is to have a clear understanding of your specific application. Consider the load requirements, operating conditions, and environmental factors that the stud bolts will be subjected to. Are you fastening structural steel in a building construction project, or securing flange connections in an oil refinery? Understanding the demands of your application will help you select stud bolts that can withstand the intended load and environmental challenges.
Material Selection
Selecting the appropriate material for your stud bolts is vital to ensure their durability and longevity. Common materials for stud bolts include carbon steel, stainless steel, and alloy steel. Carbon steel is a cost-effective choice for general applications, while stainless steel offers excellent corrosion resistance in harsh environments. Alloy steel is often preferred for high-temperature applications. Consider the specific requirements of your project and consult with experts or suppliers to determine the best material option for your stud bolts.
Bolt Grade and Strength
Stud bolts come in various grades, denoting their strength and performance capabilities. The most commonly used grades are ASTM A193 and ASTM A320. Each grade has specific tensile and yield strength requirements, as well as temperature limitations. It's crucial to match the bolt grade with the load requirements of your application. Consult engineering specifications or seek advice from professionals to ensure you choose the appropriate bolt grade that can handle the intended load without compromising safety.
Thread Type and Fit
The thread type and fit of stud bolts are essential considerations. Stud bolts typically have either coarse threads (UNC) or fine threads (UNF). Coarse threads are more common and provide better resistance against loosening due to vibrations. Fine threads, on the other hand, offer higher strength in tension and are suitable for applications with limited space. Additionally, ensure that the stud bolt's thread fit matches the mating component, such as the nut or tapped hole, to ensure a secure and reliable connection.
Coatings and Surface Treatments
Applying coatings or surface treatments to stud bolts can enhance their performance and protection against corrosion. Common coatings include zinc plating, hot-dip galvanising, and epoxy coatings. These coatings provide a barrier against moisture and corrosive elements. Surface treatments like lubrication or anti-seize compounds can also aid in ease of installation and prevent galling during tightening. Consider the environmental conditions and consult industry standards to determine the most suitable coating or treatment for your stud bolts.
Quality and Certification
Last but not least, ensure that the stud bolts you choose are of high quality and meet industry standards. Look for reputable manufacturers or suppliers that provide certified products. Quality assurance certifications such as ISO 9001 ensure that the stud bolts undergo rigorous testing and adhere to strict quality control measures. Investing in high-quality stud bolts will guarantee their performance, reliability, and long-term safety in your application.
Top Stud Bolt Manufacturers in India
Delta Fitt Inc. (An Extended Unit of WMI Group) is a well-known Stud Bolt Manufacturer in India. We pride ourselves on being one of the leading manufacturers of stainless steel bolts in the industry. We use only the highest quality materials and the latest manufacturing techniques to create bolts that are strong, durable, and corrosion-resistant.
But not all stainless steel bolts are created equal. That's why it's important to choose a reputable Stainless Steel Bolts Manufacturer in Germanythat specialises in creating high-quality bolts that will stand the test of time.
Whether you're building a small structure or a large commercial building, you can trust Delta Fitt Inc and their stud bolt suppliers to provide you with the bolts you need to create a strong and durable structure.
At Delta Fitt Inc. we specialise in producing a wide range of high-quality bolts, including customised stud bolts,Eye Bolts, High Tensile Bolts, HSFG Bolts, Heavy Hex Bolts
So why wait? Contact Delta Fitt Inc and their stud bolt manufacturers today to learn more about our products and services, and see how we can help you build the structure of your dreams.
We are also Stainless Steel Bolts Manufacturer in India, Stainless Steel Bolts Manufacturer in Poland, Stainless Steel Bolts Manufacturer in France, Heavy Hex Bolts Manufacturer in Poland and High Tensile Bolts Manufacturer in Germany
Conclusion
Choosing the right stud bolts is a critical step in ensuring the stability and safety of your projects. By considering factors such as load requirements, material selection, bolt grade, thread type, coatings, and quality assurance, you can make an informed decision. Remember to consult with experts, refer to industry standards, and rely on reputable suppliers to guide you in selecting the best stud bolts for your specific application.
#Studbolts#Fasteners#Construction#Manufacturing#Industrialapplications#Heavy-dutyfastening#Loadrequirements#Materialselection#Boltgrades#Threadtypes#Coatings#Surfacetreatments#Qualityassurance#Safety#Engineering#Corrosionresistance#Structuralintegrity#Choosingtherighthardware#Installationtips#Industrystandards
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You must choose right tmt bar for your home
The steel manufacturing business is a very competitive market, and the costs of TMT rods play a huge role in the selection process. The Ultimate Selling Points (USP) of the TMT rods also play a pivotal role in the sales. Customers often purchase rods by comparing the prices and try to acquire rods according to their value for money. Customers are advised to differentiate and compare the USPs of various brands before choosing the right TMT bars according to their requirements.
Construction Information Initiative by Hariom Epoxy Shield
For latest updates, visit our Social Media
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PULTRUDED FRP GRATINGS at rmcindia.in
At RMC, we manufacture a wide range of Pultruded FRP Grating in India with a variety of resins, colours, depth, surface and mesh configurations.
FRP GRATING:
FRP Grating (Fiberglass Reinforced Plastic) is also known as glass reinforced plastic grating or fiberglass grating. One of the main advantages FRP Grating has over steel is that FRP simply WILL NOT RUST. That’s why you frequently see FRP used around saltwater for walkways, docks, and handrails. FRP Grating looks so much like steel, so you may have seen FRP at a marina and not even know it.
PULTRUDED FRP Grating:
Pultruded FRP grating consists of continuous glass strands encased in resin and wrapped in a surfacing veil which protects the fibers and allows resin to saturate the outermost part of the bar as well as penetrate between the glass fibers. This ensures a smooth and corrosion-resistant surface, with a higher glass/resin ratio than molded products. The individual bars are then assembled using cross bars and epoxy to mechanically join the load bars. Pultruded FRP grating has unidirectional strength, with its much higher glass content resulting in a greater span capability than molded products. This product is usually specified in applications requiring larger spans or heavier loading.
What does RMC pultruded gratings provide?
Among many benefits RMC Pultruded FRP gratings provides:
Corrosion resistance – This type of grating has the strength of steel, and it won’t corrode and break down like steel can.
Safety – Our grating features an epoxy anti-skid coating for enhanced traction.
Extended life – Our granting has the ability to withstand the elements of nature. Resin provides the resistance to the environment and the glass provides strength, in addition provides safety from fire.
Easy Fabrication- A major advantage of pultruded FRP grating is that the panels are lightweight. That’s why they are easy to work with and you can easily cut and fabricate them by using standard tools.
Applications of PULTRUDED Gratings :
Floor System
Walkways
Work Platforms
Stairs
Ramps
Trench Covers
Catwalks
Companies across nearly all industries are starting to buy FRP grating because of the superior safety and quality it offers compared to many traditional grating and flooring materials. RMC provides top-notch RFP Grating with optimum quality.
For more information about: commercial hand sanitizer stations Please visit at http://rmcindia.in/
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Powder Coatings Market Outlook, Growth, Share and Forecast by 2028
Powder Coatings Industry Overview
The global powder coatings market size was valued at USD 11.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.2%.
The emerging economies of Asia Pacific and MEA regions have witnessed strong growth in non-residential sectors including consumer goods, IT, telecom, and retail resulting in growth in product demand. The growing number of consumer goods companies in India, China, and Singapore is expected to augment market development in the near future. Powder coatings have numerous advantages over other coatings, such as lower operating costs, immediate availability, negligible VOC emission, excellent appearance, and uniform thickness.
In addition, they are relatively easy to apply in thick layers of coating, which results in a smooth, uniform appearance.
Gather more insights about the market drivers, restrains and growth of the Global Powder Coatings Market
A rise in the production of automobiles and the surge in demand for medical devices are expected to be major factors driving the market growth in developing nations including India, China, Brazil, and Mexico over the forecast period. Moreover, high product adoption in the furniture sector on account of its excellent performance, low operational costs, color availability, and custom properties, such as anti-corrosion and anti-bacterial functions, will stimulate market growth.
Powder coatings do not contain any solvents, which results in negligible emission of VOC in the atmosphere and reduced risk in combustion during application and storage. In addition, the powder can be easily washed off when it comes in contact with human skin, which reduces health hazards for operators.
Raw materials used in product manufacturing include thermoplastic and thermoset resins. Thermoplastic comprises nylon, PVC, polyolefin, ABS, and polycarbonate coatings while thermoset comprises coatings made of epoxy, polyester, polyurethane, and acrylic coatings. Volatility in raw material prices affects the powder coating raw material pricing.
Browse through Grand View Research’s Paints, Coatings And Printing Inks Industry Research Reports.
• Plastic Compounds Market: The plastic compounds market size was valued at USD 66.74 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028. Increasing demand from the automotive industry is anticipated to significantly drive the market growth during the forecast period. • Modified Polypropylene Market: The global modified polypropylene market size was valued at USD 34.12 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2030. The growth of the market is attributed to the use of modified polypropylene in the automotive, electrical and electronics, packaging, medical, building and construction, and other industries.
Powder Coatings Market Segmentation
Grand View Research has segmented the global powder coatings market on the basis of resin, application, and region:
Powder Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• Epoxy
• Polyester
• Epoxy-polyester (Hybrid)
• Acrylic
• Polyurethane
• Others
Powder Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• Consumer Goods
• Architectural
• Automotive
• General Industries
• Furniture
• Others
Powder Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 – 2028)
• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East and Africa
Key Companies profiled:
Some prominent players in the Global Powder Coatings Market include
• Akzo Nobel N.V
• The Sherwin-Williams Company
• PPG Industries, Inc.
• BASF SE
• DSM
• Valspar
• Arkema S.A.
• Bayer AG
Order a free sample PDF of the Powder Coatings Market Intelligence Study, published by Grand View Research.
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#Anti Corrosive Epoxy Coatings suppliers in pune#Anti Corrosive Epoxy Coatings suppliers in india#Anti Corrosive Epoxy Coatings services in pune#Anti Corrosive Epoxy Coatings services in india#Anti Corrosive Epoxy Coatings manufacturer in pune#Anti Corrosive Epoxy Coatings manufacturer in india#Anticorrosive paint services in pune#Anticorrosive paint services in india#Anticorrosive paint for steel structure in pune#Anticorrosive paint for steel structure in india#Anticorrosive Coating service in pun#Anticorrosive Coating service in india#Anticorrosive Coating for steel structure in pune#Anticorrosive Coating for steel structure in india
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Several motives that make floor coatings the satisfactory method to save you from everyday risks and danger at your workplace
Floor coating is a protecting of chemical substances which protects the layout of the floors and extends its sturdiness, likewise making the ground extra slip-resistant. Coatings are regularly implemented to enhance the floor properties: its appearance, adhesion, and resistance to corrosion, put on and scratch, among others. However, their reason isn't handiest prolonging the sturdiness of flooring, however additionally stopping accidents as a result of choppy or slippery surfaces.
Damage to the flooring consisting of cracks, holes or creation joint failure can purpose predominant damage to each people and machinery, turning into now no longer handiest some thing steeply-priced to restore however additionally a protection issue. Considering this, precaution via ground coating appears the satisfactory method to keep away from all issues associated with threat prevention and health.
Then, what are the precise advantages and functions of business coatings?
· They reinforce and enhance the ground surfaces in factories, trade regions and public access locations.
· Coatings growth the flooring’ resistance to abrasion and put on enough hardness
· They additionally offer extended chemical resistance, which proves in particular beneficial for meals and beverage in addition to pharmaceutical industries, amongst others.
· They enhance the advent and atmosphere of the manufacturing facility locations, presenting dirt loose environments to paintings in.
· Coatings allow to delineate particular regions (i.e. secure on foot regions, get admission to routes, parking and ramps, etc.) at the manufacturing facility or industrial ground.
· They can consist of difficult and easy textures wherein had to growth the protection in sure locations.
· Anti-slip Floor coatings gets rid of dangers of strokes and falls.
· It additionally acts as an anti-corrosion primer on steel surfaces.
· Coatings are advanced to resist the heavy obligation put on and tear of business use, as a consequence extending the sturdiness of the surfaces and stopping any damage.
· They are clean to easy and to maintain; much greater than a ordinary floor without coating.
At Floorkrete , we've got a long period of experience in completing in Indian Industry floors projects, Our Floor Coatings which range from straightforward epoxy ground installs, all of the manner via natural-stone floor coatings. Our firm collaborates to recognize your entire plan in order that we are able to convey it to life while finishing inside of your agreed-upon fee point.
Floorkrete has contractors /dealers in most part of india and abroad contect Floorkrete in your areas Contact us today for details : https://www.floorkrete.com/product-category/floor-coatings
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Anti-Corrosion Coatings Market: Protecting Infrastructure
Anti corrosion coatings are surface coatings applied to metallic structures and concrete structures to protect them from corrosion. They form a protective film on metals that shields the substrate from environmental factors like moisture, oxygen that cause corrosion. They extend the lifecycle of assets and infrastructure.
The Global Anti Corrosion Coatings Market is estimated to be valued at US$ 46.90 Bn in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030. Key players operating in the Anti Corrosion Coatings are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. Increased investments in oil & gas, transport, power and mining sectors are driving the demand for anti corrosion coatings globally. Rapid urbanization and infrastructure development projects especially in Asia Pacific are creating growth opportunities. The growing demand from oil & gas industry is one of the key factors augmenting the anti corrosion coatings market. Offshore and onshore oil rigs, pipelines, storage tanks require robust anti corrosion coating solutions to prevent rusting and corrosion in harsh marine environments which extends their lifespan considerably. Construction industry is also a major end user of anti corrosion coatings. With increased investments in road, rail and building construction projects, the demand for anti corrosion coatings is surging from this sector for steel and concrete structures. Anti corrosion coatings manufacturers are focusing on expanding their production facilities across high growth regions globally. For instance, Axalta Coatings recently invested in expanding their production capacity in China to meet the rising local demand. Companies are also focusing on developing advanced polymer based coatings with extended lifespan and eco friendly compositions using nanotechnology. Waterborne anti corrosion coatings are gaining popularity due to their low VOC content. Development of intelligent coatings with self-healing and non-fouling properties is a key trend in the anti corrosion coatings market. Nanotechnology enabled anti corrosion coatings that can repair minor damages automatically without reapplying coating and resist aquaticlife adhesion are being researched. These multifunctional coatings have potential to disrupt the market.
Porter’s Analysis
Threat of new entrants: Anti-corrosion coatings require significant capital investment to build manufacturing plants, and established brands have built strong brand recognition in the market making it difficult for new players to enter.
Bargaining power of buyers: The anti-corrosion coatings market has numerous global players producing general coatings, however, demand for specialized coatings by end-use industries limits buyers bargaining power.
Bargaining power of suppliers: Major raw materials for anti-corrosion coatings such as epoxy, alkyd, and polyurethane resins have numerous global suppliers, limiting their bargaining power.
Threat of new substitutes: Alternatives to anti-corrosion coatings have limited applicability and high costs of adoption, reducing threat from substitutes.
Competitive rivalry: The global anti-corrosion coatings market is consolidated with top players holding majority market share, however technological innovations allow niche players to grow. In terms of value, North America dominates the global anti-corrosion coatings market accounting for over 30% market share owing to vast infrastructure and reviving oil & gas industry. Other major regions are Asia Pacific and Europe. The fastest growing regional market for anti-corrosion coatings is Asia Pacific. Rapid infrastructural development and thriving manufacturing sector especially in China, India make it an attractive market. Annual construction spending exceeding USD 10 trillion by 2025 will drive coating demand in the region.
#Anti-Corrosion Coatings Market Growth#Anti-Corrosion Coatings Market Size#Anti-Corrosion Coatings Market Share
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The Top 5 Epoxy Flooring Manufacturers in the Industry for 2023
Epoxy flooring is the coating done on the base of concrete, wooden & steel floors. Whether it's a living area, basement, retail store, lobby, hotel, shopping mall, home, restaurant, kitchen, garage floor coating, or any other outdoor field, epoxy flooring manufacturers can make it aesthetically beautiful! With durability, strength, and resistance to cracks, scratches, bacteria, dullness, or wear & tear, it's worth the investment. Nowadays, 3D epoxy flooring solutions also let you put the desired image on the floor with the self-leveling primer layer. People don't think twice before contacting epoxy flooring manufacturers due to their anti-slip, weather-withstanding, inexpensive, sustainable, & easy installation properties. Let's now get deep into the meaning of epoxy flooring & top Epoxy Floor Coating Manufacturers in India.
What is Epoxy Flooring?
Epoch flooring is a synthetic resin floor system & a versatile chemical solution that's customizable according to the industrial flooring need. Here, epoxy's multiple layers are put across the floor reaching a 2 mm depth. Epoxy flooring is generally made with a mixture of hardeners & polymer resins and further combines well to create a rock-hard durable plastic-like material. Resinous flooring is another name for epoxy flooring & requires low-maintenance as compared to tiles. It is sustainable & can be uniquely decorated for different purposes of flooring with adhesion to wood, concrete, etc. Epoxy flooring manufacturers provide all the supplies with the necessary implementations to safeguard your surface from cracks, moisture, stains, grease, etc making it long-lasting for years.
Top 5 Epoxy Flooring Manufacturers in the Industry for 2023
Here is the list of the top 5 epoxy flooring manufacturers in 2023:
MB Enterprises, Malad, Mumbai, Maharashtra:
If you are looking for the best Epoxy Floor Coating Manufacturers in Mumbai, India, then your search stops with MB Enterprises. The top flooring contractor & adhesive dealer firm has been providing premium quality epoxy products since 2004 with 100% customer satisfaction. Some of their well-known product ranges are Epoxy resin, Glass Cleaner, Epoxy Adhesives, etc. They commit to their words & deliver products on time without any delay or hassle.
Aqua Floor Solutions, Ghatkopar, Mumbai:
They are one of the most popular epoxy flooring dealers in Mumbai since February 2013. Customers can expect top-notch waterproofing plus raised access flooring solutions. Being specialized in Epoxy & Polyurethane Coating, Raised Access Flooring & maintenance, the company has gained immense popularity lately. The firm delivers varied products & services within the local region as well as different regions of Mumbai.
Nishant Polycoats, Mumbai, Maharashtra:
With 20 years of expertise in the relevant field, the firm has prominent epoxy floor coating manufacturers in India. They operate their epoxy flooring services in the industries such as cement, automotive, machine tools, engineering, pharma, electronics & instrumentation, plastics, forging & foundry, textile, food processing, chemicals, etc.
Art Floor, Pune, Maharashtra:
The Pune-based leading firm has highly experienced epoxy flooring manufacturers. Whether you're struggling with metal erosion, concrete problems, or corrosion, they are a one-stop solution for everything. They safeguard your floors through densification, EPU, Epoxy, Polyurethane, Acrylic, Polyurea, deco floors & coatings from cans.
Chemfix Entreprise, Surat, Gujarat:
It is the leading epoxy flooring manufacturers company & is well known among its customers. This epoxy floor coating manufacturer provides numerous top-notch products & services such as Epoxy Resin, Epoxy Joint Filler, Tile Grout Filler, Epoxy Hardener, etc. The firm was established in 2011 & has developed a huge client base since then.
Every next residential, industrial & commercial area owner is adopting the idea of epoxy flooring. The lustrous shine, durability & strength is hard to resist. You will find numerous Epoxy Floor Coating Manufacturers in the relevant industry but we recommend MB enterprises. Our experience with them has been smooth, hassle-free, & worth the money.
#Epoxy Flooring Manufacturers#Epoxy Floor Coating Manufacturers#epoxy marble#italian marble epoxy#epoxy coating on marble#epoxy coating italian marble#epoxy over marble#epoxy for italian marble
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High-performance Anti-corrosion Coatings Market to Develop Rapidly by 2027
Global High-performance anti-corrosion coatings Market: Highlights
The global high-performance anti-corrosion coatings market is projected to grow at a CAGR of more than 5.0% between 2019 and 2027. The market is driven by growth of the global oil & gas industry.
Key Developments in Global High-performance anti-corrosion coatings Market
In December 2019, RPM International Inc. announced that its Mantrose-Haeuser Co., Inc. business has acquired Profile Food Ingredients, LLC, a manufacturer of dry stabilizer and emulsifier blends for the food industry.
In October 2019, AkzoNobel launched range of high performance primers for corrosion protection. It covers a full array of substrates, surfaces and environments – from cable cars and chemical plants to window frames and wind turbines.
The number of oil & gas drilling and exploration activities has increased in the last few years. The Gulf of Mexico, Southeast Asia, and North Sea are currently rich in oil & gas resources and they have a large number of oil rigs. These activities are expected to increase expenditure on maintenance and repair in the near future. Thus, currently, there exists a requirement for protective coatings that are capable of increasing the shelf life and durability of equipment under varying temperatures and climatic conditions.
High-performance anti-corrosion coatings protect metal surfaces of various components used in the oil & gas industry. These coatings offer an influential barrier against corrosion, especially when components or parts such as storage vessels, offshore drilling equipment, and other machinery come in contact with chemicals and moisture.
Stages such as manufacture, extraction, storage, and distribution of oil & gas are key sources of corrosion. Storage tanks, transmission pipelines, oil rigs, steel structures, and other oil vessels are subjected to moisture, salt, fog, and corrosive environment.
Asia Pacific dominates the global market, due to growth of pharmaceutical and health care industries in the region. Rapid infrastructure development in major countries of Asia Pacific such as China, India, Indonesia, Vietnam, Singapore, and Malaysia is expected to boost the consumption of high-performance anti-corrosion coatings in the region between 2018 and 2026. High-performance anti-corrosion coatings are extensively consumed in the construction industry.
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Global High-performance anti-corrosion coatings Market: Segmental Trends
Based on product, the global high-performance anti-corrosion coatings market has been segmented into epoxy, urethane, acrylic, and others. Epoxy coatings protect substrates from the deterioration caused by corrosive surroundings. These coatings have excellent adhesion and flexibility. Therefore, these are highly preferred in various end-user industries.
Rising demand for acrylic coatings is expected to fuel the high-performance anti-corrosion coatings market between 2019 and 2027. These coatings offer superior structural and mechanical characteristics than other anti-corrosion coatings such as alkyd and vinyl coatings. Acrylic coatings have high color retention rate and they are chemically inert. Additionally, they are eco-friendly.
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High-performance anti-corrosion coatings are widely used in the oil & gas industry. In terms of demand, the oil & gas segment is expected to present growth opportunities to the high-performance anti-corrosion coatings market from 2019 to 2027. Rise in maintenance and repair activities in the global oil & gas industry, especially for oil drilling equipment, offshore installation machinery, process vessels, and transmission pipelines, is likely to be a major driver of the market in the near future.
The power generation segment is estimated to present lucrative opportunities to the high-performance anti-corrosion coatings market between 2019 and 2027. High-performance anti-corrosion coatings are required for coating applications in insulated wires, electricity-generating components, turbine blades, and hydraulic systems used in nuclear, geothermal, and solar power sectors.
Global High-performance anti-corrosion coatings Market: Regional Highlights
Some of the key uses of high-performance anti-corrosion coatings include their application on steel, metal, and concrete substrates used in extraction, utilities, manufacturing, and transport infrastructure. Development of the transport infrastructure in Asia Pacific is anticipated to be the key driving factor for the market during forecast period.
Rising usage of metal and steel in the construction of bridges, roadways, highways, waterways, airports, and railways is likely to offer immense growth opportunities to the high-performance anti-corrosion coatings market in the next few years.
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In August 2018, RPM International Inc. announced that its Rust-Oleum Group would be acquiring the Mean Green branded line of specialty cleaning products
In March 2018, RPM International Inc. announced that its Rust-Oleum Group had acquired Miracle Sealants Company
In November 2017, Nippon Paint Co., Ltd. engaged in a discussion with Axalta regarding a potential acquisition of Axalta
In October 2017, 3M announced that it has completed the acquisition of Scott Safety, a premier manufacturer of innovative products, such as self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices, that complement the former’s personal safety portfolio
In May 2017, AkzoNobel opened new performance coatings facility in Chonburi, Thailand.
Global High-performance anti-corrosion coatings Market: Competition Landscape
The global high-performance anti-corrosion coatings market witnesses high degree of competition among market players. The market is highly concentrated, as well-established players constitute a significant market share. High level of competition among established players is expected during the forecast period, due to their integrated value chains.
Some of the key players operating in the global high-performance anti-corrosion coatings market include Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Nippon Paint Holdings Co., Ltd., and 3M.
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Metal and Ceramic Injection Molding Market – Global metal and ceramic injection molding market is broadly affected by several factors, including increase in demand for metal and ceramic injection molded components and parts in various end-use industries
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High Corrosion Resistance Zinc Rich Coating
A zinc rich coating is a coating that contains a high percentage of zinc dust and, when in direct contact with steel, works sacrificially. To protect steel surfaces from corrosion and extend the life of the surface, zinc rich coatings are added. Protexion's zinc rich coating offers superior long-term protection for steel from corrosion and has excellent adhesive and protective properties. For structural steel surfaces, they perform similarly to galvanizing.
To protect steel substrates from corrosion, zinc rich coatings are used by many industries. They are used in applications in highways and infrastructure, manufacturing and automotive. Zinc primers selectively corrode steel when in contact with structural steel, shielding it from damage. For agricultural, coastal, aquatic and freshwater settings, this form of industrial coating is well suited. This may include the use of steel tanks, offshore platforms, barges, refineries, petrochemical and power plants, such as coatings for railcars, pulp and paper mills, and other recommended areas.
Features of Zinc Rich Coating
It is characterized by sufficient resistance to abrasion.
Retains the role of self-preservation of the surface and self-healing during service life.
The interatomic distance in the zinc layer, applied by the bath immersion phase, is close to the interatomic distance in the zinc layer.
UV-stable, with a noble gray hue.
Forming a stable sub dispersion region of Zn-Fe on the metal surface.
It has the property of interlayer diffusion.
It is applied even in winter at a temperature of -35°C.
Zinc Rich Coating is readily compatible with 99% of organic-soluble top coatings. Polyurethane, urethane-acrylic, acrylic, epoxy resin, vinyl chloride, chlorinated rubber, and alkyl coatings are reliably compatible. For ideal compatibility, the holding time after application of Zinc-rich coating composition should be minimum 4-5 hours for the solvent to evaporate and not prevent adhesion in the future. The product can be used as a primer for powder paints.
The following series of six operations comprises the workflow for obtaining an anti corrosion coating based on the zinc-rich coating composition. It is recommended to preserve the anticorrosion coating workflow at an ambient temperature not lower than -35 ° C. The following conditions should be met in order to conduct anti corrosion protection operations in winter:
provide awnings or screening for protection against the elements;
The metal surface temperature should be no less than 3°С higher than the dew point temperature.
Preparing the surface for application of Zinc-rich coating
Preparing the working composition for application
Applying Zinc-rich coating
Final holding of Zinc-rich coating prior to its commissioning
Quality control of Zinc-rich coating
Drying successively applied coatings
Protexion is a manufacturer and supplier of Zinc rich coating in India, our products protect, maintain and enhance the spaces and places in which we live and work. With an extensive network of manufacturing, distribution centers and trade sales outlets throughout India. With our extensive product range and our experienced, customer-focused team, Protexion protective coating and solution provider provides tailor-made solutions for specifiers, project engineers, architects, facilities managers and applicators. We have all the information you need, covering everything from preparation of the substrate to application methods and scheduling of maintenance, ensuring that your assets are efficiently covered, even under the most demanding conditions.
Visit us:- www.protexion.in/zinc-rich-coating-and-paint.php
#waterproofing systems#Galvanizing coating#Galvanizing paint#Zinc rich coating#Zinc rich paint#HVAC coating for coils
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Global Curing Agent Market Driven by Adhesive & Coatings Industries; MRFR Unleashes the Forecast for 2018-2023
Description :
Epoxy Curing Agent Market Research Report: Information by Product Type (Amines, Polyamide, Imidazoles, Polymercaptan, Anhydrides, Polymercaptan, and Others), Application (Adhesive, Coatings, Composites, Electronics, and Others), Region (North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa) - Forecast till 2027
Keywords:
Global Curing Agent Market industry, Global Curing Agent Market, Global Curing Agent Market industry, Curing Agent Industry value, Curing Agent Industry segment
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Global Curing Agent Market Analysis
Curing agents are substances used to reduce curing time of materials such as cement, paints, and coating which consequently reduces the total manufacturing time and cost. Curing agents applied on polymer surfaces help to facilitate the bonding of the molecular components of materials.
Moreover, specific properties imbued into the application materials by these agents, such as anti-shrinkage & static, excellent adhesion, and high resistance to chemicals, corrosion, impact & solvent, make them an irreplaceable component in the production of paints, coating, adhesives, cement, etc.
The huge uptick had predominantly driven the curing agent market in the sales and production in some key industries such as the manufacturing of composites used in the automotive, aircraft, and marine production. Construction and electronics industries are other key application areas of curing agents. As a result, curing agents witness a vast consumption in paints and coating & adhesive manufacturing industry which further allows these agents to enjoy a massive uptake and demand continually.
Considering the rapid expansion, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global curing agent market will reach approximately USD 4632 MN by 2023, registering a CAGR over 6.5% throughout the review period (2018-2023).
Additional factors augmenting the market demand include, the increasing industrialization, urbanization, and ever-increasing population worldwide. Not only large-scale industrialization creates a need for rapid improvements in infrastructure, but increasingly prosperous population also demands quality housing. Moreover, the rapidly improving global economy fosters the growth of the market, increasing consumers’ purchasing power.
On the flipside, factors such as the volatility in the prices alongside the demand & supply gap in the basic materials required for the production of these materials impede the market growth. Nevertheless, some trends in the automotive industry such as lightweight vehicles, letting out lower emission, offering maximum fuel efficiency are expected to support the growth of the market throughout the assessment period.
Global Curing Agent Market – Segments
For ease of understanding, the report is segmented into three key dynamics: -
By Type : Epoxy, Polyurethane, and Silicone Rubber among others.
By Application : Coatings, Adhesives, Composites, and Wind Energy among others.
By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-World.
Global Curing Agent Market – Geographical Analysis
The Asia Pacific region, heading with the high production and sales in the burgeoning automobile sector dominates the global curing agent market. The region accounts for the largest producer and consumer of these agents. Moreover, factors such as the augmenting demand from the end-user industries like coatings, adhesives, and electronics drive the curing agent market in the region.
Furthermore, the burgeoning construction industry in the region led by the rapid industrialization and urbanization in the rapidly developing countries such as India, Thailand, Malaysia, and Singapore, is propelling the growth of the regional market, creating a huge demand for curing agents.
Also, the APAC region has been continuously attracting foreign investors due to its ample availability of cost-competitive logistics such as land, workforce, and raw materials. Moreover, favorable governmental policies are encouraging manufacturers from developed countries to shift their production bases to this region.
The curing agent market in the European region accounts for the second largest market, globally. This market has predominantly been led by the spurting paints & curing industry backed by the dynamic automotive sector. Moreover, factors such as the increased production and sales of automobile parts in the Western European countries such as Germany, Italy, UK, and France are fostering the regional market, creating substantial demand for curing agents. Continuing with the same growth trends the region is expected to register fabulous accruals over the review period.
The North America curing agent market is rapidly emerging as a profitable market, globally. The region witnesses the increasing consumption of these materials, flowing the European region closely. Due to the growing demand for adhesive and coating for composites in the manufacturing of marine and aerospace in the US & Canada, the region accounts for a considerable market share.
Global Curing Agent Market – Competitive Landscape
Fiercely competitive the curing agent market appears to be fragmented due to the presence of several large and small-scale players. Focused on improving their market performance these players are increasingly acquiring promising companies to expand their reach in the emerging markets. Growing innovations in product and technologies are creating strong investment opportunities for market players.
Major Players:
Key players leading the global curing agent market include BASF SE (Germany), Evonik Industries AG (Germany), Huntsman International LLC (US), Olin Corporation (US), Hexion (US), Cardolite (US), Mitsubishi Chemical Corporation (Japan), Aditya Birla Chemicals (India), Atul Ltd (India), GABRIEL (US), Albemarle Corporation (US), Campbell Plastics (UK), Cargill, Incorporated (US), Arnette Polymers, LLC (US), Epochemie International Pte Ltd (Singapore), LEUNA-Harze GmbH (Germany), and Kumiai Chemical Industry Co., Ltd. (Japan) among others.
Industry/ Innovation/ Related News:
March 12, 2019 ---– Hexion Inc. (the US), a leading chemical company introduced two-component epoxy solution specially designed for aerospace composites production. The complete system of resin, curing agent, metering and mixing equipment and analytical control increases manufacturing efficiency while maintaining part mechanical performance. This first-of-its-kind component epoxy manufacturing solution helps in relieving constraints occurred during the production of aerospace composites while maintaining the highest level of performance in finished parts.
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