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communicationblogs · 2 months ago

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Low Temperature Coatings Market — Forecast(2024–2030)

Low temperature coating is widely used to apply coatings to valves, pipes, fittings and welds. They are mostly used in cold temperature conditions as they have the ability to cure down to 0°C. The increase in energy savings due to reduction in cure temperatures is boosting the growth of the market. The Low Temperature Coatings Market is experiencing a significant uptick due to the increasing demand for energy-efficient coatings. As sustainability becomes a focal point across industries, there’s a surge in the adoption of low-temperature cure coatings. These coatings not only reduce energy consumption during the curing process but also contribute to lowering greenhouse gas emissions.

Industries such as construction, automotive, and aerospace are embracing this trend, driven by both environmental concerns and the need for cost-effective, energy-efficient coating solutions. A notable trend in the Low Temperature Coatings Market is the continuous evolution of low-temperature curing techniques. Manufacturers are investing in research and development to innovate coating processes that can cure effectively at lower temperatures, reducing energy requirements and enhancing application flexibility. Advanced formulations, such as UV-curable low-temperature coatings, are gaining traction for their ability to cure rapidly with minimal heat, opening new possibilities in coating sensitive substrates and expanding the range of applications in various industries.

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Report Coverage

The report: “Low Temperature Coatings Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the low temperature coatings industry.

By Coating: Powder Based, Liquid Based.

By Chemistry: Polyester, Epoxy, Polyurethane, Acrylic resin, and Others.

By Application: Concrete, Portable water storage tanks, Fittings, Steel, Pipes, Valves, Wood, wheels, Grills, Bumpers, Roof racks, Exterior and Interior trims, Construction and Others.

By End Use: Automotive, Appliances, Furniture, Industrial, Heavy-Duty Equipment’s, and Others

By Geography: North America, South America, Europe, APAC, and RoW.

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Key Takeaways

Asia-Pacific dominates the low temperature coatings Market owing to increasing demand from growing automotive industry in the region.

The use of environment friendly coating is driving the growth of the low temperature coatings market.

The longer and costlier drying and curing for large parts is hindering the growth of the low temperature coatings market.

By Chemistry — Segment Analysis

Acrylic segment held the largest share in the low temperature coatings market in 2023 as it is widely used in automotive industry. Acrylic formulations provide an ideal solution combining balanced performance, good weather resistance, and advantageous processing. Acrylic based coatings are tremendously versatile. They have low-cost and a broad performance range, from ultra-removable to ultra-high durability depending on the formulation. Due to this benefit, the application of low temperature coatings based on acrylics is increasing greatly in heavy-duty equipment’s. Epoxy segment is the second largest segment in low temperature coating market. Epoxy coatings are widely used due to their exceptional chemical resistance, low porosity, durability, and bond strength. Epoxy coating films are strongly resistant to most chemicals and make excellent anticorrosion coatings. They are one of the principal materials used to control corrosion in the cold environment.

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About IndustryARC™: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact Us: https://tinyurl.com/yk8khvpa Website URL: https://www.industryarc.com/

#metal coating #car coating service #marketing #reseach marketing #research

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semiconductor-hub · 2 months ago

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Dry Type Transformer Market Size, Latest Trends, Share, Growth Analysis, and Forecast 2032

Dry type transformers are electrical devices used for power distribution and voltage regulation without the use of liquid insulation. Unlike traditional oil-filled transformers, dry type transformers utilize solid insulation materials, such as epoxy resin or paper, to provide electrical insulation and cooling. This design eliminates the risk of oil leakage and reduces maintenance requirements, making dry type transformers a reliable and environmentally friendly solution for various power distribution applications. They are widely used in commercial buildings, industrial facilities, and urban environments.

The Dry Type Transformer Market was valued at USD 6.72 billion in 2023 and is projected to reach USD 12.04 billion by 2032, growing at a robust CAGR of 6.7% over the forecast period from 2024 to 2032.

Future Scope

The future of dry type transformers is characterized by advancements in insulation materials and cooling technologies. Innovations in solid insulation materials, such as advanced composites and nano-coatings, will improve the performance and reliability of dry type transformers. The integration of monitoring and diagnostic technologies will enable real-time condition assessment and predictive maintenance. Additionally, as the demand for energy-efficient and sustainable power distribution solutions grows, dry type transformers will play a key role in meeting these needs with reduced environmental impact.

Trends

Key trends in dry type transformer technology include the development of high-performance insulation materials that enhance thermal and electrical properties. The use of smart technologies for condition monitoring and remote diagnostics is becoming more prevalent, providing greater insights into transformer health and performance. There is also a growing emphasis on compact and modular transformer designs that offer flexibility in installation and space savings. Additionally, the push towards sustainability is driving innovations in environmentally friendly transformer designs and materials.

Applications

Dry type transformers are used in a range of applications where reliability and safety are paramount. In commercial buildings, they provide power distribution and voltage regulation for electrical systems. In industrial facilities, dry type transformers are employed for power supply to machinery and equipment. Urban environments benefit from dry type transformers due to their reduced risk of environmental contamination and lower maintenance needs. Additionally, dry type transformers are used in renewable energy systems, including wind and solar power installations, to ensure efficient power distribution.

Solutions and Services

Solutions for dry type transformers include the design and manufacture of transformers tailored to specific voltage and power requirements. Providers offer installation and commissioning services to ensure optimal performance and reliability. Maintenance and repair services are available to address any issues and extend the lifespan of dry type transformers. Additionally, consulting services are offered to assist businesses in selecting the right transformer solutions and integrating them into their power distribution systems.

Key Points

Dry type transformers provide reliable power distribution without the use of liquid insulation.

Future developments include advanced insulation materials, smart monitoring, and sustainable designs.

Trends include high-performance materials, smart technologies, and compact designs.

Applications span commercial buildings, industrial facilities, urban environments, and renewable energy systems.

Solutions include custom design, installation, maintenance, and consulting services.

Read More Details: https://www.snsinsider.com/reports/dry-type-transformer-market-4205

Akash Anand — Head of Business Development & Strategy

Email: [email protected]

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)

#Dry Type Transformer Market

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tamanna31 · 4 months ago

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Intermediate Bulk Container Liner Industry Analysis, Outlook and Forecast 2023-2030

Intermediate Bulk Container Liner Industry Overview

The global intermediate bulk container liner market size was estimated at USD 948.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2023-2030.

This market growth is attributed to the growing international trade agreements in regions such as Asia Pacific, Central & South America, and others. For instance, tomato pastes and purees are majorly exported from Chile, Brazil, and others to major trade partners such as the U.S. and Canada. Intermediate bulk container (IBC) liner is a flexible bag comprising of several layers of plastic films and is fitted with a variety of discharge and fill fitments to transport bulk quantities of products.

Gather more insights about the market drivers, restrains and growth of the Intermediate Bulk Container Liner Market

The U.S. Intermediate Bulk Container (IBC) liner market is driven by the increased international exports of food & beverage products such as vegetable oils and milk to major export partners such as China, Canada, and others. Based on the data provided by Office of the United States Trade Representative, the country is considered as the second largest trading economy after China with over USD 7.0 trillion in exports and imports of goods. U.S. has trade relations with over 200 countries and regional associations spread across the globe. This thriving trade relations is expected to drive the demand for bulk transportation packaging for exporting and importing of goods which can drive the demand for IBC liners.

In addition, the dairy sector in the country is witnessing significant growth owing to several government funding to increase international exports of dairy products. For instance, on June 8, 2023, the U.S. Department of Agriculture (USDA) announced its plans to invest USD 23.0 million to support the expansion and development of the U.S. dairy industry. These investments and developments in U.S. dairy sector further drive the demand for IBC liners in exporting these products internationally.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The global epoxy curing agents market size was estimated at USD 3,542.52 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030.

The global polyethylene terephthalate films market size was estimated at USD 35.97 billion in 2023 and expected to expand at a CAGR of 5.2% from 2024 to 2030.

Intermediate Bulk Container Liner Market Segmentation

Grand View Research has segmented the global intermediate bulk container (IBC) liner market on the basis of capacity, application, and region:

Intermediate Bulk Container Liner Capacity Outlook (Revenue, USD Million, 2018 - 2030)

Upto 1000 liters

Above 1000 liters

Intermediate Bulk Container Liner Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverage

Alcoholic Beverages

Non-Alcoholic Beverages

Others

Industrial Liquids

Household Products

Intermediate Bulk Container Liner Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Europe

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

Malaysia

Thailand

Central & South America

Brazil

Mexico

Argentina

Chile

Colombia

Middle East & Africa

GCC Countries

Key Companies & Market Share Insights

Key Companies resort to multiple mergers and acquisitions in a bid to gain market share in a particular region. In some cases, the companies build technological collaborations to produce an advanced product with superior performance characteristics to increase revenue. For instance, on February 1, 2023, Sealed Air, a packaging solutions manufacturer completed the acquisition of Liquibox, a provider of bulk liquid packaging solutions. With this acquisition, Sealed Air is anticipated to expand its liquid packaging portfolio under the brand named CRYOVAC. Some of the prominent players in the global intermediate bulk container liner market include:

Amcor plc

Sealed Air

CHEP

Arena Products, Inc.

Scholle IPN

Liquibox

ILC Dover LP

Greif

Smurfit Kappa

Steripac Asia

CDF Corporation

Mulitpac Systems

SBH Solutions

Qbig Packaging B.V.

Peak Liquid Packaging

Order a free sample PDF of the Intermediate Bulk Container Liner Market Intelligence Study, published by Grand View Research.

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trendingreportz · 4 months ago

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Powder Coatings Market - Forecast(2024 - 2030)

Powder Coatings Market Overview

The Powder Coatings Market size is forecasted to reach US$18.2 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Powder coating is a dry finishing process in which free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted and then allowed to dry and harden into a protective coating. Powder coating based on thermoplastic polymers is derived from polyolefins, polyvinyl chloride, polyvinyl fluoride, polyester and so on whereas thermoset-based powder coatings are derived from epoxy, polyester, acrylic, polyurethanes and so on. Powder coating imparts a high-quality, durable finish, that allows for improved efficiency and is eco-friendly. Powder coatings are based on polymer resin systems. The environmental advantages offered by powder coatings compared to liquid coating methods drives the powder coatings market. The pandemic resulted in shortages of raw materials and supply chain disruptions. According to Echemi, a chemical industry B2B website, there were shortages of neopentyl glycol that is used in many of the resins for powder coatings and triglycidyl isocyanurate which is a curing agent used in polyester powder coatings. This resulted in price hikes of over 60% in the Powder Coatings industry.

Powder Coatings Market Report Coverage

The “Powder Coatings Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Powder Coatings industry.

By Resin Type: Thermoset (Epoxy, Polyester, Acrylic, Fluoropolymer, Polyurethanes and Others) and Thermoplastic (Polyamide, Polyolefin, Polyethylene, Polyvinyl Chloride, Polypropylene and Others).

By Coating Method: Fluidized Spray, Electrostatic Fluidized Bed, Electrostatic Spray and Others.

By Substrate: Metal (Steel, Aluminum and Others) and Non-Metal (Plastic, Wood, Ceramics, Glass and Others).

By End-Use Industry: Automotive [Two-wheelers (Scooters and Bikes) and Three/Four-wheelers (Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles)], Construction (Outdoor Construction and Indoor Construction), Appliances (Refrigerator, Water Coolers, Vending Machines, Washing Machines, Air Conditioners/Coolers, Electrical Fans, Kitchen Blenders/Mixers, Vacuum Cleaners, Water Heaters, Ovens & Chimneys, LPG Cylinders and Others), Electrical & Electronics (Transformers, Generators, ATM Machines, Industrial/Commercial Systems, Electrical Motor Stators/Rotors, Electric Meters & Connectors, Computer Room Floor System and Others), General Industrial (Industrial Carts & Power Tools, Storage & Racking, Escalators & Elevators, Lockers, Walls & Fittings, Water Pumps, Steel Drums, Pipes & Rebars and Others), Furniture (Outdoor Metal Furniture, Beds & Chairs, Benches and Others), Medical, Transportation & Equipment (Railways, Industrial Transportation, Construction Equipment, Agricultural Equipment, Marine, Aerospace) and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa)

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Key Takeaways

The Asia-Pacific region dominates the powder coatings market on account of the increasing construction activities and the recovering automotive industry. According to Invest India, the construction industry in India is expected to reach $1.4 trillion by 2025.

There are two types of powder coatings, thermoplastic and thermoset. Thermoplastic powders are commonly derived from polyolefins, polyvinyl chloride and polyvinyl fluoride while thermosetting powders are derived from acrylic, epoxy and polyester resins.

Thermoplastic powder coating melts and flows when heat is applied but continues to have the same chemical composition once it cools and solidifies. On the other hand, thermoset powder coatings will not melt when heated after curing.

The major opportunity for this market is developing thin-film coatings.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the powder coatings market report.

Powder Coatings Market Segment Analysis – by Resin Type

The thermoset segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 7.2% during the forecast period of 2022-2027. In the powder coating process, as the powder heats and melts it flows around the surface of the object and undergoes a chemical change called cross-linking which forms a hard and durable coating. Thermosetting coatings do not re-melt when they are cooled after heat is re-applied. In its powdered state, thermoset material tends to have a much lower molecular weight than other coating materials, usually requiring less heat to melt, making it more energy efficient. Thermoset powders are commonly derived from epoxy, acrylic, polyester and polyurethane groups. The most frequently employed are epoxy and polyester-based resins. Epoxy resin-based thermoset powders form a tough impact-resistant coating that has excellent corrosion resistance, so they are used for internal applications. Polyester-based coatings have the added advantage of being highly UV resistant, making them an ideal choice for outdoor applications. Thus, the thermoset segment is anticipated to dominate the powder coatings market.

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Powder Coatings Market Segment Analysis – by Application

The construction segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 8.3% during the forecast period of 2022-2027. Powder coating can be used for metal components such as door frames, railings, window frames, fencing, shelters, storefronts, façade or other areas of buildings. According to WSP, around 25% of the overall construction cost is the façade, with the metal contributing a major part of the cost. Powder coating can prevent corrosion and minimize re-coating as it imparts a long-lasting coating. The powder coat is more resistant to scratching, fading, erosion or other types of damage that can ruin the aesthetic appeal of a building The latest trend in the construction industry is low-emitting products and sustainable buildings. According to the U.S. Green Building Council (USGBC), 1,105 projects have been certified with LEED certification for green buildings in the U.S. in 2021. Powder coatings are solvent and VOC-free and produce less waste than other coating methods, making them a clear choice for green buildings. Thus, the construction industry is expected to dominate the market.

Powder Coatings Market Segment Analysis – by Geography

The Asia-Pacific region held the dominant Powder Coatings Market share up to 60% in 2021 owing to the rising consumption of powder coatings from the automotive, construction and appliances sector. The construction activities in the region rebounded after the initial lockdown in 2020. The government of India has made several investments in construction and infrastructure to aid in development. As per a report by the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry recorded a 47% growth in the second quarter of FY2021-22. According to a news report in Reuters, in FY22-23, US$529.7 billion will be invested to further drive economic growth across the country. China’s construction sector is expanding rapidly. according to the National Bureau of Statistics, China’s construction output is estimated to be worth approximately US$4.3 trillion in 2021. China plans to invest US$1.43 trillion in key construction projects as part of its 14th five-year plan. As per the National Development and Reform Commission (NDRC), the Shanghai plans call for a total investment of US$38.7 billion over the next three years. The Japanese construction industry is expected to boom as the World Expo will be hosted in Osaka, Japan in 2025. Therefore, this region is set to dominate the Powder Coatings market.

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Powder Coatings Market Drivers

Environmental Advantages of Using Powder Coatings

Powder coating is the green process of choice for finishing operations. It produces less waste than other finishing processes such as liquid coating. The use of powder coating aids in eliminating waste because, after application, the powder coating overspray can be reclaimed and reused. These types of reclamation practices keep overhead costs low while minimizing environmental impacts. Solvents contain volatile organic compounds (VOCs) which are detrimental to the environment. In liquid coatings, the average VOC content is between 3.5 to 5.5 pounds per gallon, which is approximately one-third to one-half of each gallon of the liquid coating being emitted into the environment during the application process. Since powder coating lines do not require the use of solvents, they do not emit VOCs and can operate with reduced energy, faster curing and lower temperatures. This makes powder coatings highly attractive from an environmental perspective. Innovations in the powder coatings industry strive to make it even better. For instance, in early 2020, Sherwin-Williams General Industrial Coatings division launched the Powdura ECO line made from a resin that uses pre-consumer recycled polyethylene terephthalate (rPET). Thus, the environmental advantages offered by using powder coatings drive the market.

Growing Usage of Powder Coatings in Electric Vehicles

The growth of electric vehicles (EVs) can be attributed to increasing oil prices and growing awareness regarding climate change. According to the International Energy Agency (IEA), in 2021, sales of electric cars (including fully electric and plug-in hybrids) doubled to a new record of 6.6 million. Sales kept rising in 2022 as well, with 2 million electric cars sold worldwide in Q1 2022, up almost 75% compared to Q1 2021. To keep EV motors and batteries operating efficiently, it’s important to maintain an optimum temperature range. Sometimes EV motors can generate operating temperatures that may exceed 200°C. Powder coatings are used to insulate battery boxes and isolate thermal activity. To take advantage of the growing EV market, powder coating manufacturers are launching products that cater to EVs. For instance, in January 2022, Arkema announced high-voltage coating solutions for electric vehicles. The two new polyamide 11 powder coating grades with UL certification were introduced for use in electric vehicle battery systems and other applications. Thus, the growing usage of powder coatings for EVs drives the market.

Powder Coatings Market Challenge

High Initial Investment

The major restraint in the Powder Coatings market is the high initial investment required to set up the powder coating equipment. Liquid coating applications only require a spray gun and a spray area. Comparatively, a powder coating workshop needs a spray gun, spray booth and curing oven. The addition of the curing oven adds significantly to the initial start-up costs for powder coating. The size of the curing oven purchased needs to take into account the maximum part size that can effectively be handled. Larger, thicker and heavier parts require a larger and more powerful oven, which further adds to the overall equipment costs. While metals can be powder coated using electrostatic spray deposition, non-metals require a fluidized bed powder coating application. The need for a fluidized bed also increases the overall equipment costs for the establishment of a complete powder coating facility. This can prove to be a challenge for the powder coatings market.

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Powder Coatings Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Powder Coatings market. The top 10 companies in the Powder Coatings Market are:

PPG Industries

AkzoNobel Powder Coatings

BASF SE

Axalta Coating Systems

The Sherwin Williams Company

Jotun

Valspar Corporation

Nippon Paint Holdings Co. Ltd.

Kansai Nerolac Paints Limited

Tiger Coatings

Recent Developments

In June 2022, Polychem launched a new powder coating collection called the Effects Collection. The collection features powder special effects, such as speckles, translucents, metallics, sparkle translucent, veins, patina effects, river textures, fine textures and dramatic illusion colors, available in a variety of colors.

In May 2022, AkzoNobel Powder Coatings launched a comprehensive range of ready-to-ship powder coatings ranges specifically for the North American market. The range comprises approximately 500 unique powder coatings, with a broad variety of premium quality colors, textures and finishes.

In February 2022, PPG announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The acquisition will enable PPG to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region.

#Powder Coatings Market #Powder Coatings Market Share #Powder Coatings Market Size #Powder Coatings Market Forecast #Powder Coatings Market Report #Powder Coatings Market Growth

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padmavarma · 4 months ago

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The Caustic Soda Market size is forecast to reach US$57.0 billion by 2027 after growing at a CAGR of 5.4% during 2022-2027.

👉 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://tinyurl.com/az269p93

Report Coverage

The report: “Caustic Soda Market Report - Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Caustic SodaIndustry.

By Form: Liquid Form and Solid Form (Flakes, Granules, Powder) By Production Process: Mercury Cell, Diaphragm Cell, and Membrane Cell By Application: Water Treatment, Soap and Detergents, Medicine Production, Fuel Cell Production, Alumina Extraction, Food Processing, Wood Decomposition, Explosives, Epoxy Resins, Glass and Ceramics, Candle Making, and Others By End Use: Automotive (Passenger Vehicle, Commercial Vehicle, Light Commercial Vehicles, Heavy Commercial Vehicles), Construction (Residential, Commercial, Office, Hotels and Restaurants, Educational Institutes, Others), Paper, Oil and Gas, Pharmaceutical, Food and Beverage, Textile, Chemical, Personal Care and Cosmetics, and Others By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of Asia Pacific),South America (Brazil, Argentina, Colombia and Rest of South America), and RoW (Middle East and Africa).

#Caustic Soda Market Share #Caustic Soda Market Size #Caustic Soda Market Forecast #Caustic Soda Market Research #Caustic Soda Market Treads #Caustic Soda Market Application #Caustic Soda Market Growth #Caustic Soda Market Price

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tmr-blogs2 · 7 months ago

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Bio-based Epoxy Resin Market to Expand at CAGR of 5.5% During Forecast Period

The global bio-based epoxy resin market was worth more than US$ 4.8 Bn in 2020. The market is likely to rise at a CAGR of 5.5% during the forecast period, from 2021 to 2031. The global bio-based epoxy resin market is expected to reach a value of US$ 8.6 Bn by the end of 2031. The use of bio-based epoxy resins in the construction industry is increasing, which is likely to fuel growth of the the global bio-based epoxy resin market.

Plant-based sources are used to make bio-based epoxy resins. Bio-based epoxy resins provide a number of advantages to products made with low-energy procedures that generate less hazardous chemicals, hence lowering greenhouse gas emissions. Bio-based epoxy resins have a number of major advantages over petroleum-based epoxy resins, including high strength, superior performance, no unpleasant odor, UV resistance, and low VOC and odor to name a few.

The global construction industry is predicted to rise significantly during the forecast period. As a result, the demand for bio-based epoxy resins is expected to rise over the forecast period due to an increase in its usage of paints and coatings. Companies are centering their efforts on adhesives, paints & coatings, and laminates industries, since this segment's share of the bio-based epoxy resins market is expected to grow throughout the projected period.

Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=78445

Market Segmentation

By Service Type

Liquid

Solid

By Sourcing Type

Vegetable Oils

Plant Biomass

By Application

Adhesives

Composites

Coatings

Electronics

Others

By Industry Vertical

Building & Construction

Automotive

Aerospace

Marine

Electronics & Electrical

Others

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: Strong demand driven by stringent environmental regulations and sustainability initiatives.

Europe: Leading market for bio-based materials with a focus on reducing carbon footprint.

Asia-Pacific: Rapid industrialization and increasing adoption in automotive and electronics sectors.

Latin America and MEA: Emerging opportunities with growing awareness and sustainable development initiatives.

Market Drivers and Challenges

Market Drivers

Increasing focus on sustainable materials and circular economy practices.

Stringent environmental regulations promoting bio-based materials adoption.

Growing demand for lightweight and high-performance materials across industries.

Technological advancements improving bio-based resin properties.

Market Challenges

Higher production costs compared to conventional resins.

Limited scalability of bio-based resin production.

Supply chain complexities for sourcing bio-based raw materials.

Competition from established petroleum-based resin manufacturers.

Market Trends

Product Innovation: Development of bio-based epoxy resins with enhanced properties.

Collaborations and Partnerships: Industry players collaborating for R&D and market expansion.

Green Certification: Increasing demand for bio-based resins due to eco-labeling and certifications.

Circular Economy Initiatives: Recycling and waste reduction efforts in resin production and usage.

Future Outlook

The bio-based epoxy resin market is poised for significant growth as sustainability becomes a key focus across industries. Advancements in bio-based technologies, expansion of production capacities, and strategic partnerships will drive market competitiveness and innovation.

Key Market Study Points

Market size and growth projections for bio-based epoxy resins.

Analysis of key market segments and their growth drivers.

Regional market dynamics and opportunities.

Technological advancements and product innovations.

Regulatory landscape and sustainability initiatives impacting the market.

Competitive landscape and key market players.

Competitive Landscape

Key players in the bio-based epoxy resin market include companies such as BASF SE, Huntsman Corporation, Dow Chemical Company, Evonik Industries AG, and Sicomin. These companies are investing in R&D, strategic collaborations, and sustainable practices to strengthen their market position and meet evolving customer demands.

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=78445&ltype=S

Recent Developments

Launch of new bio-based epoxy resin formulations with improved performance characteristics.

Strategic partnerships for expanding bio-based resin production capacities.

Focus on developing bio-based resin solutions for specific applications such as automotive and electronics.

About Transparency Market Research

Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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coherentmarketinsights · 7 months ago

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Exploring Market Trends and Opportunities in the Global Epoxy Resins Paints Industry: A Comprehensive Market Research Study

Epoxy Resins Paints Market poised to grow at highest pace owing to rapid industrialization Epoxy resins paints are durable, water and chemical resistant coatings finding wide application across industries like construction, automotive and manufacturing due to their advantages. These paints provide excellent adhesion to non-porous substrates and resistance to humidity, moisture, chemicals and corrosion. They form a protective barrier and are increasingly used for automotive OEM coatings, floor coatings, concrete primers and protective coatings. The global epoxy resins paints market is estimated to be valued at US$ 13.62 Bn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031 owing to rapid industrialization. The Global epoxy resins paints Market is estimated to be valued at US$ 13.62 Bn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031. Key players operating in the epoxy resins paints are Momentive Performance Materials, Kukdo Chemical, Huntsman Corporation, The Dow Chemical Company, Atul Ltd, Sika AG, Cytec Industries Incorporation, DuPont, 3M, BASF SE, Aditya Birla Chemicals Ltd, NAMA Chemicals, LEUNA-Harze GmbH, and Spolchemie A.S. Key Takeaways Key players operating in the epoxy resins paints are Momentive Performance Materials, Kukdo Chemical, Huntsman Corporation, The Dow Chemical Company, Atul Ltd, Sika AG, Cytec Industries Incorporation, DuPont, 3M, BASF SE, Aditya Birla Chemicals Ltd, NAMA Chemicals, LEUNA-Harze GmbH, and Spolchemie A.S. The rapidly growing construction industry coupled increasing automobile production is fueling the demand for epoxy resins paints. Technological advancements are focused on developing low volatile organic compound and bio-based epoxy resins paints. The construction industry has been growing at a strong pace backed by rapid urbanization and industrialization in emerging economies of Asia Pacific and Middle East countries. Epoxy resins paints find extensive application in flooring, primers, protective and marine coatings in construction sector. The rapidly growing automobile production driven by rising vehicle ownership particularly in developing countries has increased the uptake of these paints in automotive OEM coatings and auto-refinish paints. Recent technological developments are focused on developing advanced epoxy resins paints with properties like low volatile organic compound (VOC) content, bio-based formulations and UV resistant coatings to suit varied end-use applications. These innovations are aimed at meeting stringent environmental norms along with improving product performance. Market Trends Some of the key trends in the global epoxy resins paints market include shift towards bio-based formulations driven by sustainability concerns and growing demand for low VOC content paints to meet environmental regulations. Another trend gaining momentum is development of UV resistant and high performance protective coatings for infrastructure and industrial applications like pipe coatings, machinery coatings etc. Rapid adoption of powder coatings for industrial use due to their advantages over liquid coatings is another major trend. Market Opportunities Rising investments in infrastructure development across developing nations provide significant growth opportunities. The Indian government's investments of USD 1.4 trillion in infrastructure till 2024 will boost adhesive demand. Another major opportunity lies in developing water-based and environment-friendly epoxy resins paints that can replace solvent-borne varieties to comply with stringent norms.

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chemanalystdata · 7 months ago

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Epoxy Resin Prices Trend, Monitor, News & Forecast | ChemAnalyst

Epoxy Resin Prices: During the Quarter Ending December 2023

North America:

In the North American region, the Epoxy Resin market witnessed a bearish trend during the fourth quarter of 2023, influenced by multiple factors affecting market dynamics and prices.

A significant contributor to this trend was a decrease in demand, particularly within the construction industry, leading to reduced buying interest among end-users. Despite manufacturers maintaining consistently high production levels in anticipation of future demand, the market experienced an abundance of Epoxy Resin supply, exerting downward pressure on pricing.

Focusing on the United States, the primary focal point, Epoxy Resin prices notably decreased by 16% compared to the previous quarter, driven by the combination of low demand and ample supply. Additionally, a significant 28% decrease in prices was observed compared to the same quarter of the previous year.

The latest recorded price for Epoxy Resin Liquid (EEW 176-183) DEL Texas in the USA at the end of December 2023 was USD 4217/MT. These pricing trends in the USA were profoundly influenced by low demand, surplus supply, and a discernible downward trajectory.

Get Real Time Prices of Epoxy Resin: https://www.chemanalyst.com/Pricing-data/epoxy-resin-79

APAC:

In the Asia-Pacific (APAC) region during Q4 2023, the Epoxy Resin market displayed a bearish trend influenced by several significant factors impacting prices. Notably, there was a noteworthy surplus in Epoxy Resin supply attributed to a simultaneous reduction in the price of upstream Crude Oil, contributing to a bearish market scenario in China and Japan.

While demand remained stable in India, fostering a bullish market situation, Japan experienced substantial price variations with a 3% decrease compared to the previous quarter. Overall, the APAC region encountered price fluctuations in Epoxy Resin, driven by factors such as abundant supply, stable demand, and the absence of reported plant shutdowns.

Europe:

Europe's Epoxy Resin market faced notable challenges in Q4 2023, characterized by a bearish sentiment. Weakened overall demand from downstream industries like paints and coatings, supply chain disruptions in countries like Germany and Belgium, and a bearish pricing strategy adopted by manufacturers contributed to this sentiment.

Despite ample product availability, the market found some support in anticipated economic improvements and increased demand from the construction sector. The quarter ended with the latest price of USD 3367/MT for Epoxy Resin Liquid FD Hamburg in Germany, reflecting a significant 31% decrease compared to the same quarter of the previous year and a 15% decrease compared to the previous quarter. Overall, Europe's Epoxy Resin market grappled with challenges, balancing low demand and supply chain disruptions with glimpses of optimism in economic activities and increased demand in specific sectors.

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#Epoxy Resin Prices

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bizworldinsights · 8 months ago

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Gelcoat

The global Gelcoat market is projected to reach a valuation exceeding USD 1,025 million in 2019, with a robust Compound Annual Growth Rate (CAGR) of 6.9%, offering lucrative revenue opportunities for industry participants throughout the forecast period.

Gelcoats, derived from modified resins, are applied in a liquid state to molds, delivering a high-quality finish on fiber-reinforced composites. The fundamental ingredient in gelcoats is the polyester resin system, supplemented by key resins such as vinyl ester and epoxy, which contribute to the required chemical composition of the gelcoat. The demand for gelcoats has surged in recent years, driven by rapid advancements in the automotive and chemical processing sectors. Consequently, companies are not only concentrating on marketing channels but also investing significantly in Research and Development (R&D).

Global Gelcoat Market Size and Forecast: By Resin

An analysis by Bekryl has revealed the distribution of industry revenue across various resin types, including vinyl ester, polyester, epoxy, and others. Among these, polyester resin dominated the global market with a 48% share in 2018. Polyester resin plays a pivotal role in marine and aerospace gelcoating due to its easy availability, cost-effectiveness, and high resistance to UV degradation.

Global Gelcoat Market Size and Forecast: By End-use Analysis

In 2018, the marine sector emerged as the largest consumer of gelcoats, contributing to 38% of the total revenue generated by gelcoat players. Gelcoats provide corrosion resistance to cargo ships and other high-end boats.

Global Gelcoat Market Size and Forecast: Regional Analysis

Globally, Asia Pacific took the lead in 2018, accounting for 43% of the global market share. The region's demand for gelcoat is primarily driven by increased spending in construction, real estate, aerospace, and marine sectors. Asia Pacific plays a significant role in global sea transport trade, with major shipbuilders concentrated in China, South Korea, and Japan. Prominent shipbuilders, including Hyundai HI, Daewoo Shipbuilding, and Samsung HI, collectively generated a revenue of USD 11.3 billion from shipbuilding. This trend is anticipated to persist as companies focus on expanding their sales.

Global Gelcoat Market Size and Forecast: Competition Landscape

Industry players are prioritizing product innovation to remain agile and achieve a high Return on Investment (ROI).

Key Gelcoat Players:

CCP Composites

Ashland

Nuplex Industries Ltd.

Bang and Bonsomer

Fibre Glass Development Corporation

Alpha Owens-Corning (AOC) Resins

Synergys Technologies

Reichhold LLC

Industry Segmentation

By Resin Type:

Epoxy

Polyester

Vinyl Ester

Others

By End-use:

Aerospace

Marine

Construction

Real Estate

Others (Energy, Heavy Industries, etc.)

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master-ps · 11 months ago

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Electronics Adhesives Market, Share, Size, Future Trends, Industry Analysis, Forecast and Outlook – 2030

Electronics Adhesives Market

The market research report provides a comprehensive analysis of the industry, with a specific focus on the Electronics Adhesives Market. It examines the size, growth rate, and major trends within the Electronics Adhesives Market, offering valuable insights into its current state and future prospects. The report explores the significance of Electronics Adhesives in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Electronics Adhesives, providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Electronics Adhesives Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Electronics Adhesives Market and their unique characteristics. Overall, the market research report equips businesses operating in the Electronics Adhesives Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.

Request Free Sample Report @ https://www.vertexbusinessinsights.com/request-sample/41/electronics-adhesives-market

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.

Key Market Segmentation

Global Electronics Adhesives Market- By Form

Liquid

Solid

Paste

Global Account Software Market- By Resin Type

Epoxy

Silicone

Acrylic

Others

Global Electronics Adhesives Market- By Product Type

Electrically Conductive Adhesives

Thermally Conductive Adhesives

Others

Global Account Software Market- By End-Use Industry

Computers & servers

Communications

Consumer Electronics

Industrial

Medical

Automotive

Commercial Aviation, Defense, Other Transportation

Global Electronics Adhesives Market- By Region

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Russia

Benelux

Nordics

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific

Middle East and Africa

South America

Ask Queries @ https://www.vertexbusinessinsights.com/enquiry/41/electronics-adhesives-market

Table of Content

Methodology & Scope

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

1.5. List of abbreviations

Assumptions

Research Methodology

3.1. Data Mining

3.2. Secondary Research

3.3. Primary Research

3.4. Data Sources

3.5. Data Triangulation

3.6. Bottom-up Approach

3.7. Top Down Approach

Executive Summary

4.1. Market Overview

4.2. Global Electronic Adhesives Market Geographical Analysis (CAGR %)

4.3. Global Electronic Adhesives Market, By Form (US$ Million)

4.4. Global Electronic Adhesives Market, By Resin Type (US$ Million)

4.5. Global Electronic Adhesives Market, By Product Type (US$ Million)

4.6. Global Electronic Adhesives Market, By End-Use Industry (US$ Million)

4.7. Future Market Opportunities

4.8. Global Market Split

Market Dynamics

5.1. Market Drivers

5.2. Market Restraints

5.3. Opportunities Analysis

5.4. Emerging Trends Analysis

5.4.1. Demand Side Analysis

5.4.2. Supply Side Analysis

Key Insights

6.1. Macro and Micro Economic Indicators

6.2. Consolidated SWOT Analysis of Key Players.

6.3. Porter’s Five Forces Analysis

6.3.1. Bargaining power of buyers

6.3.2. Bargaining power of suppliers

6.3.3. Threat of new entrants

6.3.4. Threat of substitutes

6.3.5. Threat of rivalry

6.3.6. Market condition

6.4. PESTEL Analysis

6.5. Key Product Developments

6.6. Value Chain Analysis

6.7. Cost Structure Analysis

6.8. Price Trend Analysis

6.8.1. Weighted Average Price

6.8.2. Price Impact-COVID-19

Impact Analysis of COVID-19 on Global Electronic Adhesives Market

7.1. Short Term Impact of COVID-19 on the Global Electronic Adhesives Market

7.2. Long Term Impact of COVID-19 Global Electronic Adhesives Market

7.3. Impact of COVID-19 on the Parent Market

7.4. Sales and Financial Analysis of Electronic Adhesives Market

Global Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

8.1. Key Findings / Summary

8.2. Market Size Estimates and Forecasts

8.2.1. By Form (Value)

8.2.1.1. Liquid

8.2.1.2. Solid

8.2.1.3. Paste

8.2.2. By Resin Type (Value)

8.2.2.1. Epoxy

8.2.2.2. Silicone

8.2.2.3. Acrylic

8.2.2.4. PU

8.2.2.5. Others

8.2.3. By Product Type (Value)

8.2.3.1. Electrically Conductive Adhesives

8.2.3.2. Thermally Conductive Adhesives

8.2.3.3. Others

8.2.4. By End-Use Industry (Value)

8.2.4.1. Computers & servers

8.2.4.2. Communications

8.2.4.3. Consumer Electronics

8.2.4.4. Industrial

8.2.4.5. Medical

8.2.4.6. Automotive

8.2.4.7. Commercial Aviation, Defense, Other Transportation

8.2.5. By Region (Value)

8.2.5.1. North America

8.2.5.2. Europe

8.2.5.3. Asia Pacific

8.2.5.4. Middle East and Africa

8.2.5.5. South America

North America Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

9.1. Market Size Estimates and Forecasts

9.1.1. By Form (Value)

9.1.1.1. Liquid

9.1.1.2. Solid

9.1.1.3. Paste

9.1.2. By Resin Type (Value)

9.1.2.1. Epoxy

9.1.2.2. Silicone

9.1.2.3. Acrylic

9.1.2.4. PU

9.1.2.5. Others

9.1.3. By Product Type (Value)

9.1.3.1. Electrically Conductive Adhesives

9.1.3.2. Thermally Conductive Adhesives

9.1.3.3. Others

9.1.4. By End-Use Industry (Value)

9.1.4.1. Computers & servers

9.1.4.2. Communications

9.1.4.3. Consumer Electronics

9.1.4.4. Industrial

9.1.4.5. Medical

9.1.4.6. Automotive

9.1.4.7. Commercial Aviation, Defense, Other Transportation

9.1.5. By Country (Value)

9.1.5.1. U.S.

9.1.5.2. Canada

9.1.5.3. Mexico

Europe Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

10.1. Market Size Estimates and Forecasts

10.1.1. By Form (Value)

10.1.1.1. Liquid

10.1.1.2. Solid

10.1.1.3. Paste

10.1.2. By Resin Type (Value)

10.1.2.1. Epoxy

10.1.2.2. Silicone

10.1.2.3. Acrylic

10.1.2.4. PU

10.1.2.5. Others

10.1.3. By Product Type (Value)

10.1.3.1. Electrically Conductive Adhesives

10.1.3.2. Thermally Conductive Adhesives

10.1.3.3. Others

10.1.4. By End-Use Industry (Value)

10.1.4.1. Computers & servers

10.1.4.2. Communications

10.1.4.3. Consumer Electronics

10.1.4.4. Industrial

10.1.4.5. Medical

10.1.4.6. Automotive

10.1.4.7. Commercial Aviation, Defense, Other Transportation

10.1.5. By Country (Value)

10.1.5.1. Germany

10.1.5.2. United Kingdom

10.1.5.3. France

10.1.5.4. Italy

10.1.5.5. Spain

10.1.5.6. Russia

10.1.5.7. Benelux

10.1.5.8. Nordics

10.1.5.9. Rest of Europe

Asia Pacific Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

11.1. Market Size Estimates and Forecasts

11.1.1. By Form (Value)

11.1.1.1. Liquid

11.1.1.2. Solid

11.1.1.3. Paste

11.1.2. By Resin Type (Value)

11.1.2.1. Epoxy

11.1.2.2. Silicone

11.1.2.3. Acrylic

11.1.2.4. PU

11.1.2.5. Others

11.1.3. By Product Type (Value)

11.1.3.1. Electrically Conductive Adhesives

11.1.3.2. Thermally Conductive Adhesives

11.1.3.3. Others

11.1.4. By End-Use Industry (Value)

11.1.4.1. Computers & servers

11.1.4.2. Communications

11.1.4.3. Consumer Electronics

11.1.4.4. Industrial

11.1.4.5. Medical

11.1.4.6. Automotive

11.1.4.7. Commercial Aviation, Defense, Other Transportation

11.1.5. By Country (Value)

11.1.5.1. China

11.1.5.2. Japan

11.1.5.3. India

11.1.5.4. Southeast Asia

11.1.5.5. Oceania

11.1.5.6. Rest of Asia Pacific

Middle East and Africa Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

12.1. Market Size Estimates and Forecasts

12.1.1. By Form (Value)

12.1.1.1. Liquid

12.1.1.2. Solid

12.1.1.3. Paste

12.1.2. By Resin Type (Value)

12.1.2.1. Epoxy

12.1.2.2. Silicone

12.1.2.3. Acrylic

12.1.2.4. PU

12.1.2.5. Others

12.1.3. By Product Type (Value)

12.1.3.1. Electrically Conductive Adhesives

12.1.3.2. Thermally Conductive Adhesives

12.1.3.3. Others

12.1.4. By End-Use Industry (Value)

12.1.4.1. Computers & servers

12.1.4.2. Communications

12.1.4.3. Consumer Electronics

12.1.4.4. Industrial

12.1.4.5. Medical

12.1.4.6. Automotive

12.1.4.7. Commercial Aviation, Defense, Other Transportation

12.1.5. By Country (Value)

12.1.5.1. South Africa

12.1.5.2. GCC

12.1.5.3. Rest of Middle East and Africa

South America Electronic Adhesives Market Analysis, Insights and Forecast, 2022-2030

13.1. Market Size Estimates and Forecasts

13.1.1. By Form (Value)

13.1.1.1. Liquid

13.1.1.2. Solid

13.1.1.3. Paste

13.1.2. By Resin Type (Value)

13.1.2.1. Epoxy

13.1.2.2. Silicone

13.1.2.3. Acrylic

13.1.2.4. PU

13.1.2.5. Others

13.1.3. By Product Type (Value)

13.1.3.1. Electrically Conductive Adhesives

13.1.3.2. Thermally Conductive Adhesives

13.1.3.3. Others

13.1.4. By End-Use Industry (Value)

13.1.4.1. Computers & servers

13.1.4.2. Communications

13.1.4.3. Consumer Electronics

13.1.4.4. Industrial

13.1.4.5. Medical

13.1.4.6. Automotive

13.1.4.7. Commercial Aviation, Defense, Other Transportation

13.1.5. By Country (Value)

13.1.5.1. Brazil

13.1.5.2. Argentina

13.1.5.3. Chile

13.1.5.4. Peru

13.1.5.5. Rest of South America

Competition Matrix

14.1. Business Strategies & Insights Adopted by Leading Players

Global Electronic Adhesives Market Revenue Share Analysis, By Key Market Participants, 2021

Company Profiles

16.1. Henkel AG & Co. KGaA

16.1.1. Company Overview

16.1.2. Description

16.1.3. Product Benchmarking

16.1.4. Financials Performance (Data as available in public domain and/or on paid databases)

16.1.5. Recent Developments

16.1.6. COVID – 19 Response

16.1.7. Strategy & Business Overview

Similar information shall be provided for all the below companies

Key Takeaways

Transcripts of the Primary Interview Respondents

Continue…

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1-2-3-4-4498-0 · 1 year ago

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Cast resin dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank that uses air as a cooling medium instead of oil or other liquids as in a typical liquid-filled transformer. In a cast resin dry type transformer, high-voltage (HV) and low-voltage (LV) windings are completely impregnated and cast under vacuum in epoxy resin. This encapsulation helps prevent moisture to penetrate the winding material. The insulating material offers excellent fire hazard protection; thereby, suitable for indoor installations. This makes them the preferred choice for underground or city-building substations that require site-specific fire prevention and fire contingency-management strategies.

#Cast #Resin #Dry #Type #Transformer #Market

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pravalika · 1 year ago

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Specialty Polymers Market - Forecast (2023 - 2028)

Specialty Polymers Market size is estimated to reach US$248.1 billion by 2027, after growing at a CAGR of 6.5% during the forecast period 2022-2027. Specialty polymers are derived from natural polymers, semisynthetic polymers and synthetic macromolecule polymers. Specialty polymers have advantageous characteristics, such as improved gas barrier performance, flame resistance and heat stability. They are thus frequently used in a variety of applications, including polymers, resins, monomers, intermediates and more. The booming transportation industry is the primary factor driving the growth of the specialty polymers market. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2020, the global automotive production was 77,711,725 units and in 2021, it was 80,145,988 - an increase of 3%. Also, the growth in construction activities worldwide would fuel the demand for specialty polymers. The COVID-19 pandemic, on the other hand, hampered the growth of the specialty polymers industry. This was due to the halt in industrial activities associated with automotive, building & construction and more in 2020. Nonetheless, the increase in industrial production activities in 2021 fueled the growth of the Specialty Polymers industry.

Report Coverage

The "Specialty Polymers Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Specialty Polymers Market.

By Source: Natural, Semisynthetic and Synthetic. By Form: Solid and Liquid. By Type: Specialty Elastomers (Fluoroelastomers, Fluorosilicone Rubber, Liquid Silicone Rubber, Natural Rubber and Others), Specialty Thermoplastics (Polyolefins, Polyimides, Vinylic Polymer, Polyphenyles and Others), Specialty Thermosets (Epoxy, Polyester, Vinyl Ester, Polyimides and Others), Biodegradable Polymers, Conducting Polymers, Liquid Crystal Polymers and Others. By End-use Industry: Building & Construction (Residential, Commercial, Industrial and Infrastructure), Transport [Automotive {Passenger Vehicles (PV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)}, Aerospace (Commercial, Military and Others), Marine (Passenger, Cargo and Others) and Locomotive], Textile, Food & Beverages (Fruits & Vegetables, Meat, Confectionery, Bakery Products, Dairy Products, Alcoholic Beverages, Non-alcoholic Beverages and Others), Electrical & Electronics (Computers, Smartphones, Semiconductors, Wires and Others), Cosmetics & Personal Care (Hair Care, Skin Care, Perfumes & Fragrance and Others) and Others. By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World [the Middle East (Saudi Arabia, the UAE, Israel and the Rest of Middle East) and Africa (South Africa, Nigeria and the Rest of Africa)].

Key Takeaways

Asia-Pacific dominated the Specialty Polymers Market, owing to the growth of the automotive industry in the region. According to the Society of Indian Automobile Manufacturers (SIAM), in 2020, the total automobile production in India was 22,655,609 units and in 2021, it was 22,933,230 units - an increase of 1.2%.

The increasing research & development associated with Specialty Polymers would create an opportunity for market growth during the projected forecast period.

Moreover, the surging application of Specialty Polymers as resins, monomers and intermediates in the textile and cosmetics & personal care industries is driving the market growth.

However, the higher price of Specialty Polymers may confine the growth of the Specialty Polymers industry in the upcoming years.

#Specialty Polymers Market #Specialty Polymers Market size #Specialty Polymers Market trends #Specialty Polymers Market forecast #Specialty Polymers Market report #Specialty Polymers Market research

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tamanna31 · 4 months ago

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Intermediate Bulk Container Liner Industry (2023-2030) – Growth, Pricing, Features, Reviews & Comparison of Alternatives & Industry to Observe Strong Development by 2030

Intermediate Bulk Container Liner Industry Overview

Gather more insights about the market drivers, restrains and growth of the Intermediate Bulk Container Liner Market

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The global epoxy curing agents market size was estimated at USD 3,542.52 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030.

The global polyethylene terephthalate films market size was estimated at USD 35.97 billion in 2023 and expected to expand at a CAGR of 5.2% from 2024 to 2030.

Intermediate Bulk Container Liner Market Segmentation

Grand View Research has segmented the global intermediate bulk container (IBC) liner market on the basis of capacity, application, and region:

Intermediate Bulk Container Liner Capacity Outlook (Revenue, USD Million, 2018 - 2030)

Upto 1000 liters

Above 1000 liters

Intermediate Bulk Container Liner Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverage

Alcoholic Beverages

Non-Alcoholic Beverages

Others

Industrial Liquids

Household Products

Intermediate Bulk Container Liner Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Europe

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

Malaysia

Thailand

Central & South America

Brazil

Mexico

Argentina

Chile

Colombia

Middle East & Africa

GCC Countries

Key Companies & Market Share Insights

Amcor plc

Sealed Air

CHEP

Arena Products, Inc.

Scholle IPN

Liquibox

ILC Dover LP

Greif

Smurfit Kappa

Steripac Asia

CDF Corporation

Mulitpac Systems

SBH Solutions

Qbig Packaging B.V.

Peak Liquid Packaging

Order a free sample PDF of the Intermediate Bulk Container Liner Market Intelligence Study, published by Grand View Research.

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chemicalresearchupdates · 1 year ago

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Ultraviolet Uv Curable Resins Market Key Players, Economic Impact and Forecast to 2030

The ultraviolet (UV) curable resins market is a segment of the global resin industry that is experiencing significant growth due to its unique properties and wide range of applications. UV curable resins are liquid or semi-solid materials that polymerize and harden when exposed to ultraviolet light. This process is known as UV curing or photo-polymerization.

Here is some full information about the UV curable resins market:

Market Overview: UV curable resins are increasingly being used as an alternative to traditional solvent-based resins due to their low volatile organic compound (VOC) emissions, fast curing time, and high performance characteristics. These resins find applications in various industries such as coatings, adhesives, inks, and electronics.

Types of UV Curable Resins: There are different types of UV curable resins available in the market, including:

Acrylic Resins: Acrylic-based UV curable resins are widely used due to their excellent adhesion, chemical resistance, and durability.

Epoxy Resins: UV curable epoxy resins offer high mechanical strength and are commonly used in coatings and electronic applications.

Polyester Resins: Polyester-based UV curable resins provide good flexibility and weather resistance, making them suitable for outdoor applications.

Others: Other types of UV curable resins include polyurethane, silicone, and hybrid resins.

Market Drivers: Several factors are driving the growth of the UV curable resins market, including:

Environmental Regulations: Increasing regulations on VOC emissions have led to a shift towards eco-friendly and low-emission coatings and adhesives, favoring UV curable resins.

High Performance: UV curable resins offer superior properties such as scratch resistance, chemical resistance, and fast curing, meeting the demand for high-performance materials.

Growing End-use Industries: Industries such as automotive, electronics, packaging, and wood coatings are adopting UV curable resins for various applications, boosting market growth.

Technological Advancements: Ongoing research and development efforts have led to the development of new UV curable resin formulations with improved properties and broader application possibilities.

Applications: UV curable resins find applications in diverse industries, including:

Coatings: UV curable coatings are used in automotive refinishing, industrial coatings, and wood coatings due to their fast curing, high gloss, and excellent durability.

Adhesives: UV curable adhesives offer fast bonding and curing, making them suitable for applications in electronics, medical devices, and optical industries.

Inks: UV curable inks are widely used in digital printing, packaging, and labeling applications due to their high color vibrancy, quick curing, and low VOC emissions.

3D Printing: UV curable resins are extensively used in stereolithography (SLA) and digital light processing (DLP) 3D printing technologies for rapid prototyping and production.

Regional Market: The UV curable resins market is geographically diverse, with significant growth observed in various regions, including North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is the largest market due to the presence of major end-use industries and increasing investments in infrastructure and construction activities.

Key Players: Some prominent companies operating in the UV curable resins market include:

BASF SE

Allnex Belgium SA/NV

Royal DSM N.V.

Arkema Group

Covestro AG

Toagosei Co., Ltd.

Hitachi Chemical Co., Ltd.

Dymax Corporation

IGM

#Ultraviolet Uv Curable Resins Market #Ultraviolet Uv Curable Resins Market Growth #Ultraviolet Uv Curable Resins Market Trends

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