Shankar Khatkale

Trivalent Chromium Finishing Market anticipated to witness healthy CAGR over 2019-2025

2019-08-08T10:06:57.322Z

According to new Global Market Insights, Inc, chemical research report Trivalent Chromium Finishing Market size is growing at a significant rate to 2025 due to strict enforcement of various regulations to implement use of trivalent chromium finishing as a replacement for hexavalent chromium finishing. It reduces the environmental and health concerns which are otherwise linked with hexavalent chrome finishing. Trivalent chromium finishing has good throwing power which allows for more uniform deposit thicknesses on the finishing product and thus resulting in improving the efficiency of metals and non-metal finishing operations.

Growing automotive industry mainly in China and India owing to growing consumer spending power and easy loan approvals will in turn drive trivalent chromium finishing market size. According to end of life vehicles directive, automobile component manufacturers are mandated to use trivalent chromium finishing as it provides protection to the components in the longer run. Furthermore, increasing focus on maintenance in the hydraulic industry, where trivalent chromium offers excellent abrasive resistance is anticipated to drive the product demand in the coming years. Growing infrastructural boom in Asia Pacific mainly in India, Indonesia and China will further boost the trivalent chrome finished coating demand for architectural components, which will help attain promising gains to the overall trivalent chromium finishing market size in the upcoming years.

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Huge investment linked with setting up of trivalent chromium finishing facility is probable to hinder the market growth in the near future. However, increasing regulations against the use of hexavalent chromium finishing will generate ample growth opportunities for trivalent chromium finishing market size in the coming years.

Based on system, the trivalent chromium finishing market is segmented into passivation, plating and conversion coatings. Chromium plating usually referred to as chrome, is a procedure of electroplating thin layer of chromium onto a metal object. The chromium layer can increase surface hardness, ease of cleaning procedure or provide corrosion resistance.

Based on application, the trivalent chromium finishing market is segmented into decorative or functional. The decorative application provides various types of shades, which has positive impact on the product differentiation. The use of trivalent chromium finishing in decorative application improves the look of components by providing glossy surfaces and resistance to corrosion. While in functional application a thick layer of chromium is formed over the surface of the component to deliver better resistance and protect the component from dust and other particulate contaminations. Functional trivalent chromium finishing is used mainly for worn-out components to increase their lifespan.

Based on end-user, the trivalent chromium finishing market is segmented into hydraulics & heavy machinery, aerospace, automobile, oil & gas industry and others. The automobile industry can be further segmented into two-wheeler, commercial vehicles, and passenger vehicles. Two-wheelers are usually more economical, requires less maintenance cost and lesser parking space, which is the main reason behind rapidly growing two wheelers segment. The abovementioned trends have significant positive influence on the market growth owing to its use in plating components as it improves the vehicle’s aesthetics.

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Europe is expected to be the fastest growing region due to presence of several regulatory mandates set by the European Union, which are anticipated to have positive impact on trivalent chromium finishing market size in the forthcoming years. For instance, the European regulation no. 1907 of 2006 cites references for hexavalent chromium finishing while Annex n.16-348 of 2013 contains the regulations put an effective ban on use of hexavalent chromium in all European countries. The regulation states that no product can be produced by using hexavalent chromium which depicts revising all production standards and thus positive growth parameters for the overall business size in the coming years.

Trivalent chromium finishing market is fragmented in nature due to presence of several global and regional market players. Ronatec C2C, MacDermid Inc., Atotech Deutschland, Chem Processing Incorporated, Sarrel Group, Kakihara Industries Co., Limited, Columbia Chemical, Dallatorre, etc are some of the key industry players engaged in R&D activities to develop new methods, which complies with the regulatory policies. For instance, Atotech has launched BluCr technique for electroplating which is a safe alternative for hexavalent chromium finishing process, commonly used in construction, automotive and oil & gas industry.

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Gravure Printing Ink Market anticipated to witness healthy CAGR over 2019-2025

2019-08-07T09:03:38.946Z

According to new Global Market Insights, Inc, chemical research report Gravure Printing Ink Market size is increasing rapidly from 2019 to 2025 owing to growing demand from packaging and printing industry. Growing packaging industry and its expansion across the global in addition to rise in industrialization is the prime factor that has boosted the gravure printing inks demand. This is mainly due to constant supply of inks for tags & labeling purposes and expansion of ecommerce industry, where packaging material for products forms a vital component of the businesses for transporting goods. Gravure printing ink possess exceptionally low viscose properties, which makes it favorable for various printing applications. Furthermore, rising demand for furniture laminates, wrapping papers, postcards, etc. will upsurge gravure printing ink market growth in the near future.

Significant increase in demand for gravure printing ink from packaging industry. Gravure printing ink usage further extends to numerous niche applications that includes moisture & UV light resistant based on diverse printing requirements. The product is also used in various printing materials include, oriented polypropylene (OPP), polyester, polyethylene (PE) and nylon. Gravure ability to print on thin films such as polyethylene, polyester, and nylon, which is a preferred for printing process in the packaging business. This printing preferred over flexo printing due to higher profitability and low installation cost and will directly swell the product demand in the next few years. Price volatility of raw materials coupled with various environment regulations may hamper the gravure printing ink market size in projected timeframe. This will limit their production and profit margin among suppliers and product manufactures.

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Based on resin type, gravure printing ink market are categorized into nitrocellulose, polyurethane, polyamide, acrylic and others that includes maleic, ketonic, polyester, and polyvinyl. Nitrocellulose in bi-element and mono element form is basically used in formulation of inks owing to easy drying; low cost; film forming ability; heat resistance and solubility in ketones, esters and alcohol-ethers mixtures.

By type, gravure printing ink market are classified into oil based, solvent based, water based, and others that includes UV cured inks, etc. Water based inks are growing momentum, as they comply with various environmental regulations. Whereas, solvent based speciality inks are among extensively used inks owing to its quick dry ability.

The application of gravure printing ink market is categorized into publication, packaging, furniture and others, which includes wallpaper, wrapping paper, textile, and label. Rising demand from publishing in addition to packaging based applications will surge the product demand in the coming years. Moreover, its demand in the furniture sector has been swelling substantially owing to the rise in the production of products such as ready-to-assemble furniture, cabinets, and flooring.

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Asia Pacific gravure printing ink market is projected to grow with a significant growth rate owing to rise in food packaging and lamination industries in the region. Growing processed and canned food market in emerging economies such as India and China are expected to surge the product market in the region. European region is projected to remain a key gravure printing ink market for gravure printing inks due to its rising commercial printing demand and acceptance in eco-friendly category. Technology advancement, rising disposable income has resulted an increase in demand for interior designing with customized wall décor and wallpapers, which will fuel the gravure printing inks demand in many developed countries in the near future.

Some of the players in the gravure printing ink market are Flint Group, MITSU Inks Pvt. Ltd., DIC Corporation, Sakata, Siegwerk Druckfarben., Worldtex Speaciality Chemicals, CHEMICOAT, Hubergroup Deutschland GmbH, Wikoff Color, Technocrafts India., Sun Chemical, Mac-Mixu Coating & Chemicals, Dainichiseika Color & Chemicals Mfg. Co., Ltd, etc.

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Pet Food Ingredients Market anticipated to witness healthy CAGR over 2019-2025

2019-08-07T08:47:30.912Z

According to new Global Market Insights, Inc, chemical research report Pet Food Ingredients Market size should witness significant growth during the foreseeable timeframe led by increasing pet adoption rate and rising awareness for pet’s health and nutritional requirements. Rising pet adoption rates owing to changing lifestyle and high disposable income may drive the product demand. The younger generation are more inclined towards pet adoption, and providing them proper care, thus boosting the pet food ingredients market demand.

Increasing awareness of nutritional importance and continuous research and development in ingredients such as amino acids, omega-3 fatty acids, dietary fibers, carotenoids and other minerals may foster the overall market growth. These ingredients are used in pet food manufacturing as they offer several benefits such as metabolism, digestion and overall development. Pet owners can choose wide variety of pet foods as per breed, life stage, diseases or ingredient preference thus driving the pet food ingredients market.

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Rising number of diseases like diarrhea and chronic nausea owing to unhealthy gut and improper diet are the factors which may drive the market growth. Omega -3 fatty acids, prebiotics and probiotics, Mannan-oligosaccharide (MOS), beta-glucan and fructo-oligosaccharides (FOS) are widely used in pet food ingredients to improve gut health. These ingredients stimulate anti-tumor and anti-microbial activities by binding macrophages and white blood cells receptors thereby fueling the pet food ingredients market demand.

Phosphates are chemical derivative of phosphoric acid, which occurs naturally and are essential for humans and animals’ body. Global phosphate market size is supposed to be valued at over USD 75 billion by 2021. Phosphates are widely used pet food ingredient as it works along with calcium which make bones strong and helps in eliminating body waste thereby driving the pet food ingredients market size.

Natural pet food ingredients like soy, corn, grains and vegetables are widely used owing to their high nutritional value and low cost are the key factors responsible for the increasing product demand. Global soy protein market was valued at over USD 5 billion in 2017. Natural pet food ingredients like soy and other vegetables, eggs and fish protein are widely used in pet foods owing to their high protein, vitamins and mineral content thereby accelerating the product demand.

Palatants are used as pet food ingredients to make food taste better, it makes food palatable by making its taste and smell similar to meat or other flavors. The global palatants market size is likely to be accounted at over 2.5 billion by the year 2027. Palatants are used as taste enhancer as they impart certain flavors which attract pets to consume food, thus increasing the food consumption which in turn foster the market growth.

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North America pet food ingredients market led by the U.S., Canada and Mexico shall register a substantial growth during the forecast timeframe. Pet adoption in the region is increasing as they provide good company and security which may stimulate the regional market growth. In 2017, more than 85 million U.S families owned a pet. Furthermore, increasing demand for nutritional and healthy pet food may drive the market growth.

Europe led by Italy, Spain, France, UK and Germany pet food ingredients market size shall witness a significant growth by the year 2025. The number of households having one pet is increasing rapidly, people are expanding more on pets owing to rising disposable income. In 2017, the number of pet cats was accounted at over 100 million in Europe. Increasing consumer consciousness towards various nutritional elements for pet food which act as a major part of their diet may drive the regional pet food ingredients market growth.

Pet food ingredients market is highly fragmented owing to presence of large number of manufacturers. Companies like DuPont Nutrition & Health, FoodSafe Technologies, AFB International, Diana Pet Food, Biorigin, American Dehydrated Foods, Alltech, Camlin Fine Sciences and BTSA are the key market players.

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https://www.gminsights.com/industry-analysis/bitumen-membranes-market

Bitumen Membranes Market 2019 By Regional Trend & Growth Forecast To 2025

2019-08-06T11:43:21.159Z

The Market research report “Bitumen Membranes Market Size By Grade (Atactic Polypropylene [APP], Styrene-Butadiene-Styrene [SBS]), By Product (Sheets, Liquid), By Application (Residential, Non-Residential, Automotive), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” by Global Market Insights, Inc. says Bitumen Membrane Market to surpass USD 3.5 billion by 2025; driven by increasing construction activities in Asia Pacific and North America.

Development of global construction sector will be the chief driver for the bitumen membrane market growth. U.S. is one of the largest investors in construction sector. The construction spending of the country was around USD 1.3 trillion, which witnessed nearly 6.5% annual growth from 2014 to 2018. Both residential and non-residential construction sectors in the U.S. have witnessed annual growth rate of around 10% and 4.5% respectively. It can be ascribed to ongoing infrastructure development, high-value construction projects, increasing residential construction activities, etc. Bitumen membrane is widely used in construction sector for rust proofing and waterproofing applications, which protects the structural elements from the damage caused by water intrusion. Further development in the global construction sector will prosper the market demand throughout the forecast timespan.

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Escalating growth in global automotive production will also drive the bitumen membrane market demand during the forecast period. Global automotive production has increased by over 5% between 2015 and 2018. During the same period, China, the largest automotive manufacturer in the world, has witnessed a growth of more than 10%, whereas Indian automotive sales increased by close to a million units from 2014 to 2018. Bitumen membranes are extensively used as cap sheets for coating purposes. Improvement in disposable income of middle-class populace, rising demand for passenger vehicles coupled with investments and government support will prosper automotive industry growth, which in turn, will prosper the bituminous membranes demand.

However, volatility associated with the crude oil industry might induce variation in pricing of bituminous membranes, which can hinder the bitumen membrane market revenue throughout the forecast timespan.

SBS grade will have growth rate around 5.5% during the forecast timespan. It can be attributed to increasing demand for SBS bitumen membrane in the construction sector. This product variant possesses exceptional elongation characteristics, excellent dimensional stability and superior strength. APP bitumen membrane market will have majority of share throughout the forecast timespan.

Sheets product category will have the leading bitumen membrane market share throughout the forecast timespan. Bitumen sheets have high strength composite reinforcement and are proven adhesives. They have excellent resistance against splitting & thermal shock, superior fire resistance, exceptional toughness, and strength and provides enhanced durability.

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Residential construction sector is a key application segment in the bitumen membrane market and will have share of over 30% throughout the forecast timespan. Bituminous membranes are widely used in new construction as well as repairing activities. Increasing residential construction across the world owing to rising spending power, increasing population, etc. will prosper the product demand in residential application segment in near future.

North America will have more than 20% of the total share in bitumen membrane market, which can be ascribed to mature automotive and construction industry in the region. U.S. is the second largest automotive manufacturer and has witnessed significant year-on-year growth between 2017 and 2018. Increasing housing demand due to higher disposable income, rising non-residential construction in the region will prosper the regional market growth.

Some key bitumen membrane market manufacturers are Firestone Building Products Co., Soprema International, Johns Manville, BMI Group, BTM, IKO Group, Ardex, Isoltema Group, Tiki Tar, Baumerk, BASF SE, Total, ΝORDIA, Bondall, etc.

Browse key industry insights spread across 240 pages with 310 market data tables & 22 charts & figures from the report, “Bitumen Membranes Market” in detail along with the table of contents:

The bitumen membrane market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD Million from 2014 to 2025, for the following segments:

By grade

Atactic Polypropylene (APP)
Styrene-Butadiene-Styrene (SBS)

Product by application

Sheets
Residential
Non-residential
Automotive
Others
Liquid
Residential
Non-residential
Automotive
Others

By Application

Residential
Non-residential
Automotive
Others

The above information is provided on a regional and country basis for the following:

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Asia Pacific
China
India
Japan
Australia
South Korea
Malaysia
Latin America
Brazil
Mexico
MEA
South Africa
Saudi Arabia
UAE

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global Market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable Market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Persulfates Industry analysis research and trends report for 2019-2025

2019-08-02T12:03:35.081Z

According to new Global Market Insights, Inc, chemical research report Humectants Market size is expected to rise rapidly during the forecast period owing to growing demand from food & beverage and cosmetics industry. Moreover, humectants are generally used in water borne paints to sustain the moisture content when they are stored. Growing use of humectants in medicines to regulate the moisture content of pharmaceutical dosage and attain active ingredient solubility. Humectants possess exceptional properties to keep food and cosmetic products moist. This is mainly done by attraction and retention of moisture in air by means of absorption, drawing water vapor into or beneath the object's or organism’s surface. Furthermore, rising demand for preservation of food will upsurge the humectants market growth in the near future.

The demand for humectants market in recent years has grown due to the increase in its usage for prolonging the shelf life of a product by retaining moisture and increasing product's effectiveness. Growing demand of humectants from food & beverage based applications is quite common. For instance, glucose syrup and honey are most frequently used as humectants which not only helps to retain the shape of the product but also helps in preservation for a longer period of time. Additionally, use of humectant as an ingredient is common among many personal care & cosmetic products. These products are generally used as moisturizers i.e., hair conditioners, lip balms, face or body cleansers, creams as well as body lotions along with transforming changes in cosmetics and lifestyle will propel the global humectants market.

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Price volatility of raw materials may hamper the humectants market as they are derived from petroleum products. Additionally, derivation of few humectant from specific natural sources i.e., plant extracts, sea weeds, etc. will limit their production and profit margin among suppliers and product manufactures. Likewise, its adverse effect on human health may deter the growth of the product for the projected timespan.

Based on source, humectants market is categorized in two types i.e., natural and synthetic. Natural humectants such as hyaluronic acid, aloe vera, honey, seaweed, etc. are commonly used as moisturizers that promote skin repair and also possess anti-acne and anti-inflammatory properties that aid in healing.

By type, humectants are classified into alpha hydroxy acids & polysaccharides, sugar alcohol, glycols and other types that includes glycerol, acids, etc. Sugar alcohols are organic compounds, that are derived from sugar and comprises of a class of polyols. They are water-soluble, white solids that occur naturally or can be produced from sugars industrially. Sugar alcohols are widely used in food industry as sweeteners and thickeners and simultaneously provide moister to the substance, which in turn will propel humectants market size of food and beverages sector.

On the basis of application, humectants are categorized into oral & personal care, food & beverage, pharmaceuticals, animal feed and others, which includes paint & coating, pesticides, etc. Rising demand from food & beverage in addition to oral & personal care for moisturizing based applications will drive the demand of humectants in the coming years.

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FDA approval and improving lifestyle has enhanced the use of humectants in food and is expected to drive the global market. Mounting use of humectants in food due to moisture holding ability and less calories will swell the humectants market size. Moreover, In Europe use of humectants is limited to cosmetics only and currently the government is focusing on the use of natural humectants as they pose less harm than its synthetic counterpart. Europe is behind Asia Pacific in terms of consumption; still, it is likely to be the fastest emerging market for humectants. Nevertheless, rising disposable income and changing lifestyle in Europe may upsurge the demand of humectants from paints & coatings in addition to cosmetics industry for the projected timespan.

Some of the important players in humectants market are BASF SE, The Dow Chemical Company, VMP Chemiekontor, Wuhan Sanjiang Space Gude Biotech Co., Ltd, Lubrizol, Cargill Incorporated, Lipo Chemicals, Archer Daniels Midland Company (ADM), Roquette Frères, Ingredion Incorporated, Barentz, etc.

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Global Mesifurane Market will witness a substantial growth by 2025

2019-08-02T11:55:33.731Z

According to new Global Market Insights, Inc, chemical research report Mesifurane Market size may show substantial growth over the forecast time period owing to growing demand for natural ingredients in food & beverages for flavoring and fragrance. Increasing technological advancements has shifted consumer focus towards organic flavors which has encouraged manufacturers to develop innovative natural ingredients catering to several industries which may foster the mesifurane market growth.

Increasing product innovations pertaining to significant growth in research & development activities has enhanced the quality of flavors and additives used in food & beverage industry which is likely to drive the market growth. In 2017, the global organic food & beverage market was valued over at USD 75 billion which shows huge opportunities for the market to grow. Mesifurane in food products improves the quality of flavors and adds a fruity odor to various beverages. Rising consumer inclination towards a healthy lifestyle has fueled the demand for organic ingredients in food & beverages which shall accelerate the mesifurane market growth.

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Mesifurane offers attractive aroma, superior antioxidant properties as it is naturally derived from fruits which makes it ideal for various cosmetic applications. In 2018, the market value of global organic personal care industry amounted over at USD 13 billion which shows favorable circumstances for the market to grow. Growing concern towards the use of synthetic chemicals for personal care along with rising consumer awareness towards the use of organic additives is likely to boost the market demand.

Mesifurane owing to its high-quality flavor and odor capability is extensively served in the animal feed industry. These products improve the nutritional value of feed without the addition of extra calories and prevent the use of therapeutic drugs to enhance the nutrient content which is the major driver of the market. In 2017, the import value of organic feeding stuff for animals in Denmark accounted over at USD 45 million. Increasing demand for quality animal by-products along with growing safety concerns towards the use of synthetic antibiotics shall stimulate mesifurane market growth.

North America mesifurane market demand led by the U.S and Canada should witness significant growth in the projected timespan owing to the growing personal care industry in the region. Revenue of organic cosmetics in the U.S. was valued over at USD 750 million in 2016 owing to the growing consumer awareness towards the use of harmful chemicals in personal & skincare products. Increasing demand for natural ingredients in cosmetics has enabled manufacturers to prefer mesifurane as an intermediate in cosmetic formulations owing to its pleasant fragrance which may induce regional growth.

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Europe driven by France, Italy, UK, and Germany mesifurane market size may witness significant growth during forecasted time period. In 2018, the revenue generated from organic food products in Germany was valued at above USD 10 billion which shows ample opportunities for the market growth. These products are used as natural flavor additives in the food industry pertaining to their fresh & fruity odor. Increasing health consciousness and growing awareness towards the adverse health effects caused by chemical preservatives has changed consumer perception towards the taste & preference in food products which shall propel the mesifurane market growth.

Asia Pacific mesifurane market demand led by China, India and Japan may witness substantial growth pertaining to the huge growth in animal feed industry. In 2017, the gross production volume of livestock farming in China amounted over at USD 430 billion. These products in animal feed provide a nutrient rich diet with additional enhanced flavor which is the major driver of the market. Growing livestock production along with favorable government initiatives towards the use of natural ingredients in animal feed is likely to accelerate the market growth.

Global mesifurane market share is fragmented as market consist of many market players. Companies such as Shandong Yaroma Perfumery, Tengzhou Ruiyuan Flavor Co Ltd., Penta Manufacturing Company, The Good Scents Company and Sigma-Aldrich Corporation are major players in this market.

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Global Mesifurane Market will witness substantial growth by 2025

2019-08-02T11:44:39.972Z

Increasing technological advancements has shifted consumer focus towards organic flavors which has encouraged manufacturers to develop innovative natural ingredients catering to several industries which may foster the mesifurane market growth.

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Increasing demand for quality animal by-products along with growing safety concerns towards the use of synthetic antibiotics shall stimulate mesifurane market growth.

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Global Persulfates Market will witness a substantial growth by 2025

2019-08-02T11:33:47.938Z

According to new Global Market Insights, Inc, chemical research report Persulfates Market size is projected to grow at a significant rate in the projected timeframe with growing demand from end-use industries including polymers, cosmetics, electronics, water treatment, oil and gas, textiles, mining, pulp and paper. The product has strong oxidizing properties owing to which it can be used in as cleaning agent and as an etchant, thereby driving product demand.

Persulfates including ammonium, sodium and potassium salts are strong oxidants available and find application as polymerization initiator in plastics industry. These products are economical to use and have high shelf life when stored appropriately. These factors are likely to boost persulfates market size by 2025.

The product is used to initiate emulsion polymerization reaction for the preparation of neoprene, acrylics, polystyrenes, and polyvinyl chlorides. These processes are used for production of synthetic rubbers including isoprene, styrene and butadiene which finds application in automobile and truck tires. The process also leads to formation of latex polymers which are used for paints coatings and carpet backings. Global synthetic latex polymer market size is projected to surpass USD 35 billion by 2025 which may stimulate persulfates market size in the estimated timeline.

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The product is used to micro etch and clean printed circuit board substrates to remove moisture. They find application in plating and coating process of metals. Surface cleaning of metals including aluminum, brass, copper, nickel, zinc and titanium alloys prior to plating and adhesives bonding is done with using persulfates, thus stimulating product demand. Global printed circuit board market size is projected to reach USD 70 billion by 2024 owing to rising demand for semiconductors enabled devices. These factors are likely to boost persulfates market size by 2025.

Persulfates market size is likely to witness upward trend owing to rising demand in water treatment usage. In presence of UV radiation, the product produces powerful sulfate radicals which are effective in degradation of micro pollutants and per fluorinated compounds. These properties make it suitable for waste water management. It finds application in cleaning of swimming pools and ground water treatment which is anticipated to propel product demand.

Persulfates market size is projected to grow owing to its application in hair bleaches and hair lighteners to decolorize hair by oxidizing colors present in hair shaft. Changing fashion trend and lifestyle will propel market growth for hair dye market projected to surpass USD 40 billion by 2023 would drive up market size. The product is also used as a reagent in pharmaceutical industry and used to prepare antibiotics, quinones, ketones, aldehydes and carboxylic acids which will further propel the overall product demand.

Persulfates market size would grow significantly owing to use in oil recovery and hydraulic fracturing during upstream oil and gas application. The products is used as a breaker which is injected with fracturing fluid or propellant to lower the viscosity after a controlled release time. This process facilitates controllable, uniform and precise discharge of hydrocarbons. Rising energy demand globally along with growing investment to explore newer hydrocarbon sources may drive market size.

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Europe led by Italy, UK, France and Germany persulfates market size is projected to grow significantly in the projected timeframe. Changing fashion trends and lifestyle will drive regional hair dye market, which may stimulate market size.

North America led by Mexico, Canada and the U.S. persulfates market size should witness a significant growth during forecast period owing to growth in oil and gas sector. Planned investment of over USD 70 billion for shale exploration in the U.S. may have a positive impact on product demand owing to its extensive usage in oil & gas sector. The product is also used in hydraulic fracturing, which is the technology used for shale exploration, thereby driving market size.

Global persulfates market share is fragmented with major player includes Adeka Corporation, United Initiators , Fujian ZhanHua Chemical Co., Ltd. ,Ak-Kim Kimya, Lanxess, Ansin Chemical Co., Ltd., PeoxyChem, Hebei Jiheng Group Co., Ltd, Stars Chemical Co., Ltd., Mitsubishi Gas Chemical Company, Inc., Hebei Yatai Electrochemistry Co., Ltd. , Merck KGaA (Germany), Powder Pack Chem., Chemetrics Inc. , and Vr Persulfates Private Limited.

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Global Ceiling Tiles Market will witness a substantial growth by 2025

2019-07-31T11:24:01.009Z

According to new Global Market Insights, Inc, chemical research report Ceiling Tiles Market size is likely to exhibit promising gains over the forecast timeframe due to rising demand from commercial sector coupled with development of innovative buildings and vast variety of ceiling tiles usage in different size, textures, and colors.

Ceiling tiles are also called as ceiling panel. These are very lightweight construction materials used to cover ceiling. They provide thermal insulation are generally designed to enhance the aesthetics as well as acoustics of rooms. It is widely used for decoration of inner sections of a room and for noise reduction purposes. Mineral fiber, gypsum and few metals are most commonly used raw materials for manufacturing this category of tiles.

The ceiling tiles market growth is hampered by high raw material costs associated with the product. Adding further, availability of various substitutes in the market for ceiling tiles is another factor restricting market growth. Asphalt and Mortar tiles are some of the alternatives to the product hindering market growth. Asphalt tile is one of the least expensive used tiles in the market. apart from the above-mentioned reasons, the installation cost of ceiling tiles is also high as it requires professional contractors for the same.

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Global ceiling tiles market is segmented based on raw materials into mineral wool, metal, gypsum and others. Mineral wool segment includes cast mineral fiber, wet felt and fiberglass. The excellent performance attributes of the material like acoustic and thermal insulation, recyclability and being light weight have increased its demand in the ceiling tiles market. Moreover, steel, tin and aluminum are few metals that are used to manufacture ceiling tiles. The metals offer crisp, clean and well sophisticated display for interiors. Also, ceiling coated with powdered metal provides corrosion resistance and tough finishing to the ceiling. Gypsum on the other hand, provide benefits such as reduced weight for the structure, easy installation, repair and maintenance. This material is mostly used in offices to improve aesthetics by applying a colored gypsum board.

Based on application, the ceiling tiles market is segmented into residential and non-residential buildings. Ceiling tiles are majorly used in non-residential applications with a minor share in residential one. It is majorly used in commercial spaces like retail, healthcare and hospitality industries. They are also utilized in medical hallways, corridors, operation theaters, diagnostic and clinic centers. These tiles are used to highlight the aesthetics as well as interior of commercial buildings and to provide enhanced thermal and acoustic insulation. Moreover, residential sector is also expected to attain higher growth in future as a result of increasing spending on renovation and repairing activities in housing sector.

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North America accounts to be the major region for ceiling tiles market attributed to technological advancements in the region together with increasing demand of acoustic insulation in the region. The U.S. has registered itself as the major country owing to shifting consumer preferences towards innovative construction materials coupled with rising need for soundproof and decorative interiors in commercial sector. Europe is another region that seeks a significant growth for the ceiling tiles market accredited to availability of easy installation solution, presence of an established construction sector and stringent government policies to particulate emissions.

Global ceiling industry exhibits several players providing a diversification in products which also leads to a high rivalry among market competitors. Key players in the ceiling tiles market are USG Corporation; Armstrong World Industries, Inc.; Saint-Gobain S.A.; Hunter Douglas, Inc, SAS International and Rockwool International A/S.

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