Saturday, 31 December 2016

Hydrazine Hydrate Market to Reach US536.3 Mn by 2022 due to Heavy Use in Polymer Industry

These production processes also use various raw materials such as sodium hypochlorite, ammonia, hydrogen peroxide, and acetone along with catalysts to form hydrazine hydrate. The study report states that the global hydrazine hydrate market stood at US$350.0 million in 2013 and is further expected to reach US536.3 million by 2022. Owing to its use in a number of industrial applications, the global market for hydrazine hydrate is expected to expand at a CAGR of 4.9% from 2014 to 2022.

The report covers the impact of the various market drivers and restraints acting on the hydrazine hydrate market during the forecast period and highlights the growth opportunities in the hydrazine hydrate market globally and regionally. It also provides a decisive view of the global hydrazine hydrate market by segmenting it in terms of end user segments. The segmentation in the report has been analyzed based on present and future trends. By end use, the report enlists water treatment, agrochemicals, pharmaceuticals, polymerization and blowing agents, and others (including metal purification, etc) as some of the major end-use segments of the hydrazine hydrate market.

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As hydrazine hydrate is one of the main blowing agents used in the polymer industry, a strong outlook for polymer foams in the polymer industry is expected to drive the hydrazine hydrate market with significant growth. Polymerization and blowing agents was the largest end-use segment, with a market share of more than 35% in 2013. This segment is expected to be the fastest growing segment of the hydrazine hydrate market until 2022.

Besides its usage in the polymer industry, hydrazine hydrate is also used in many other industries such as water treatment and agrochemicals. The global agrochemical industry revenue is expected to grow at a rapid pace between 2013 and 2022. Rise in the production of intermediates used in insecticides and fungicides is anticipated to boost the demand for hydrazine hydrate from the agrochemical industry in the near future.

Hydrazine hydrate is toxic to humans and its usage is thus limited to a certain extent. However, its use in fuel cells as an effective substitute of polymers can bring about a resurgence of the overall market in major regions such as North America, Europe, and Asia Pacific. By geography, the global hydrazine hydrate market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the highest demand for hydrazine hydrate from the polymer industry as a blowing agent is expected to be observed in Asia Pacific in the next few years.

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In 2013, Asia Pacific was the largest regional market for hydrazine hydrate, accounting for over 55% of the market. Furthermore, it is now expected to maintain its leading position in the global market for the next eight years. With China-based manufacturers expanding their existing production facilities to meet the local demand for hydrazine hydrate, the hydrazine hydrate market in Asia Pacific is anticipated to rise rapidly in the next few years.

Hydrazine Hydrate Market: End-User Analysis
  • Water treatment
  • Pharmaceuticals
  • Agrochemicals
  • Polymerization and blowing agents
  • Others (Including metal purification, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
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Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Infrastructural Growth in Developing Regions Encourages Usage of High Performance Anti-Corrosion Coatings, TMR

The thriving infrastructural development in developed and developing regions of the world has triggered a demand for protective high performance anti-corrosive coatings, reports Transparency Market Research. To keep up with the demand, players in this market are expanding their production facilities and making strategic collaborations with regional players to enter new markets. For instance, 3M Company joined hands with Russell NDE/PICA Corporation that will give the former player a chance to strengthen its position in the U.K., Canada, and the U.S.

“The top three leading players, Akzo Nobel N.V., Nippon Paint Co., Ltd., PPG Industries Inc., and The Sherwin-Williams Company, collectively held a share of 59.7% in the global high performance anti-corrosion coatings market in 2014,” says the lead author of this research report. To maintain a competitive edge in the overall market competitors are investing in result-oriented research and development activities and focusing on launching sustainable coating products.

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Future of High Performance Anti-Corrosion Coatings Depends on Oil and Gas Drilling and Exploration Activities

The increasing oil and gas drilling and exploration activities in the recent past have been the indirect cause of the growing consumption of high performance anti-corrosion coatings. The rise of these activities have led to an urgent need for maintenance of the industry equipment, which has spurred the demand for protective coatings that improve the lifespan of metal surfaces and prevent it from corroding or getting damaged due to weathering and harsh climatic conditions. These coatings are increasingly being used on storage tanks, oil rigs, transmission pipelines, steel structures, and other oil vessels.

Infrastructural development such as the flourishing construction, transportation, and manufacturing industries and across the Asia Pacific region are propelling the usage of high performance anti-corrosion coatings market. This trend is predominantly seen in emerging economies of India, China, Vietnam, China, and Singapore.

Dependence of Crude Oil Hampers Performance of Anti-Corrosion Coatings Market

Volatile nature of petrochemical feedstock used for manufacturing high performance anti-corrosion coatings is acting as a spoiler, preventing the growth of this market. An inevitable usage of petrochemicals as aromatic compounds, solvents, fillers, and modifiers is expected to increase the dependency of vendors in this market on crude oil prices, thus hampering the market of exploiting the existing potential for growth in the near future.

However, the booming power generation and utilities sector is anticipated to boost the demand for high performance anti-corrosion coatings in the forecast period. These coatings will be primarily used for preventing the machinery and maintaining energy-efficiency in operations. As several countries across the globe develop energy-efficient smart grids and transmission systems they will create ample of growth opportunities for the high performance anti-corrosion coatings market in the foreseeable future.

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According to the research report, the opportunities in the global high performance anti-corrosion coatings market will be worth US$18.22 bn in 2023 as compared to US$11.94 bn in 2014. This translates to a CAGR of 4.8% between 2015 and 2023. The oil and gas industry will be the leading end user of high performance anti-corrosion coatings, accounting for 32.1% of the total share in the market in 2014. This end user segment will capture a share of 32.3% by the end of 2023. In terms of geography, Asia Pacific will dominate the global market at a positive CAGR of 5.0% during the forecast period.

The evaluation of the market is done on the basis of a research report titled, “High Performance Anti-corrosion Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.

Key Takeaways:
  • Volatile nature of crude prices restrain the high performance anti-corrosion coatings market
  • Oil and gas industry will be key end user segment, accounting for nearly 32.3% in the overall market by 2023
  • Infrastructural development in developing regions will be the primary growth driver for the global market
The high performance anti-corrosion coatings market is segmented as follows:
High Performance Anti-Corrosion Coatings Market - Product Analysis
  • Epoxy Coatings
  • Urethane Coatings
  • Acrylic Coatings
  • Others (Alkyd Coatings, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Carbon Nanotube Manufacturers Can Expect Significant Increase in Demand from Polymer Producers, TMR

A large number of players are already present in the global carbon nanotubes market. Showa Denko K.K., Cnano Technology Ltd., and Nanocyl S.A. are the top three players in this market and had held a collective market share of only about 23.3% in 2014, revealing a highly fragmented market where small regional players hold the majority of the market revenue.

Transparency Market Research finds that the high level of fragmentation is caused due to the low level of product differentiation, which invites new entrants to easily make their mark in the carbon nanotube revenue stream. However, they will still face many problems including high capital requirements, high switching costs, and the overall scarcity of raw materials.

Another point that carbon nanotube manufacturers have in their favor is the low threat of substitutes, which are still only in their nascent stage.

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Massive Carbon Nanotube Demand from Polymer Industry for Reinforcing Polymer Materials Boosts CNT Sales

Carbon nanotubes provide significant improvements to the strength of polymers and enhancing their utility in the industries of construction, aerospace, defense, and automotive. Carbon nanotubes add to the mechanical strength and tensile strength of polymers and makes them roughly 20 times stronger than steel. Additionally, carbon nanotube-imbued polymers are much lighter than steel. The culmination of these points makes such polymers highly sought-after in the above industries.

Other areas where the introduction of carbon nanotubes adds highly positive points to materials is displays. Most displays are conventionally coated with indium tin oxide, which ends up making them brittle and even more expensive than screens with carbon nanotube-based films. Similar consequences are visible in the use of carbon nanotubes in the production of long wind turbines, an area where high strength and low weight can exponentially improve power generation potential.

High Cost of High Purity Carbon Nanotubes Holds Back Market Growth

“Chemical vapor deposition is the most common manufacture technique used for carbon nanotubes,” explains a TMR analyst. “This method makes use of hydrocarbons for raw materials and metal catalysts confined within a reactor. Once the carbon nanotubes that are formed deposit on the metal surfaces, it is necessary to separate the nanotubes from the metal which is considered an impurity after manufacture. This is a highly complex process and takes up a major chunk of the total manufacturing expenditure of a company.”

The overall production cost of high purity carbon nanotubes is much higher than the cost of the actual manufacturing process itself and poses as a barrier for many players due to financial constraints.

The problem complicates itself even further as currently, there is a much smaller demand for carbon nanotubes than the global supply for it. However, TMR analysts expect this demand to rise significantly over the coming years, and manufacturers should shift their capital accordingly.

Polymers to Retain High Demand for Carbon Nanotubes till 2023

A bit more than 68% of the total volume of carbon nanotubes produced in 2023 are expected to be consumed by the polymers industry, owing to the high demand for lightweight composites in electronics, aerospace, and defense industries.

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In terms of revenue, the global carbon nanotube market is expected to progress at a highly optimistic CAGR of 22.1% within a forecast period from 2015 to 2023. This market is expected to be valued at US$1.6 bn by the end of 2016, and US$6.8 bn by the end of 2023. In terms of volume, this market is expected to expand at a CAGR of 20.1% within the same forecast period.

Most industries prefer multi-walled carbon nanotubes, allowing this product segment to hold an expected volume share of 92.1% in 2023.

The information presented in this review is based on a Transparency Market Research report, titled, “Carbon Nanotubes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:

  • US$6.8 bn is the expected revenue of the global carbon nanotube market by 2023.
  • 92.1% is the expected revenue share of multi-wall carbon nanotubes by 2023.
  • 68.8% is the expected revenue share of polymers industry in the global carbon nanotubes market by 2023.
Key Segments of the Global Carbon Nanotubes Market
Carbon Nanotubes Market, by Product
  • Single-wall Carbon Nanotubes
  • Multi-wall Carbon Nanotubes
Carbon Nanotubes Market, by Application
  • Polymers
  • Energy
  • Electrical and Electronics
  • Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Friday, 30 December 2016

Perborates Market -Size, Share, Trends and Forecast 2014 - 2020

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Perborates market. The study, titled Perborates Market - Global Industry Analysis, Size, Share, Trends and Forecast 2014 - 2020, is available for sale on the firm’s website.

Perborates are used in application products such as detergents, cleaning products, laundry detergents and laundry bleaches. Perborates are also used in tooth bleaching applications. The growing demand for perborates from the detergents and the bleaching industry is expected to drive the global perborates market in the years to come.

Detergents and bleaching industries are the major markets for perborates. Perborates serve as a source of active oxygen in several types of detergents, bleaching agents, laundry detergents and laundry bleaches. Growing demand from detergents and textile bleaches is predicted to drive the demand for perborates in the near future. The growing demand for perborates from the rapidly growing textile manufacturing industry is expected to drive the global perborates market in the next few years. Subsequently, the rising demand for perborates from the laundry industry and household applications is projected to drive the global perborates market in the next six years.

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Tooth bleaching is also an important application of perborates. Perborates are used bleaching agents for the internal bleaching of tooth. The perborates are placed inside the tooth and then they are left in place for a prolonged period of time to allow them to diffuse into the tooth and afterwards, the bleach stains from inside out. Perborates have antiseptic properties and are used as disinfectants in several applications. Moreover, perborates are used as disappearing preservative in certain brands of eye drops.

Asia Pacific is expected to be the fastest growing market for perborates in the next six years. The main reason for this is the mounting demand for perborates from emergent countries such as India, China, Indonesia and Thailand. The population in these countries is growing at a brisk rate which is eventually resulting in an increase in the total customer base. Also, owing to the continuous economic development of these countries, the disposable income and the purchase parity of the people residing in these countries is growing which is further resulting in a magnification of the overall customer base in these emergent countries. Moreover, the countries in the geographies such as Africa, South America and the Middle East are showing swift economic growth since the last few years.

Furthermore, the U.S. and European countries are slowly but steadily recovering from the economic downturn. All such industrial and economic factors are eventually generating a positive outlook for the global industrial dynamics. Considering this outlook, the industries such as detergents and bleaching are anticipated to record a staggering growth in the future. Furthermore, there is a stupendous market potential for the detergents and bleaching industry in the developing countries like China, India and Brazil. Consequently, it is anticipated to drive the demand for perborates in the coming years.

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The growing demand for perborates in the industries such as bleaching and detergents across various regions of the globe is expected to drive the global perborates market in the next few years. The major players operating in the perborates market are mainly focusing on the developing countries for tapping their incredible market potential. The major companies operating in the perborates market are installing gigantic manufacturing facilities in these developing countries to fulfill the briskly rising local demand for perborates. Therefore, the global perborates market is expected to experience a substantial growth in the next few years.

Some of the major companies operating in the global perborates market are Solvay Chemicals and GFS Chemicals among others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and 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.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Thursday, 29 December 2016

Trimethylopropane Market - Size,Share,Growth,Trends and Forecast - 2020

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Trimethylopropane market. The study, titled Trimethylopropane (TMP) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020, is available for sale on the firm’s website.

Trimethylopropane (TMP), is an organic compound which contains three hydroxyl functional groups. It is a white crystal in its solid state and when melted it is a transparent liquid. TMP is a hygroscopic compound and should be stored carefully in order to avoid moisture absorption. This compound is readily soluble in water, alcohol and in acetone. It is a very stable compound and does not cause any specific danger to the environment. TMP is usually manufactured in the form of semi transparent white flake and when melted forms a transparent melted liquid.

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TMP finds its use in industrial, professional and consumer application. It is mainly used in adhesives, sealant, coatings, inks, lubricants, greases, metal working fluid, polishes, wax-blends, polymers and plastics, surface treatment of pigments among others. TMP is also used in saturated polyesters for coil coatings, alkyds for paints, acrylic acid esters for curing, polyurethanes for paint coatings and in elastomers, and esters for synthetic lubrication. Out of these TMP is mostly used in the alkyl resin plant, polyutherane coatings and printing ink. This compound is used as a building block in the polymer industry. it is also used as a base lubricant for motor oils. TMP does not have cause any harmful effects either to consumers or to the environment. It is very less toxic to aquatic life.

The key drivers for this market include its use as base lubricants in motor oils, as coatings and in the polymer industry especially plasticizers. These industries are rising at a very fast rate especially in developing countries and is expected to continue rising over the next few years. This rise in industries will accelerate the demand for TMP as well. Due to its non-harmful effects on the environment, it is being used globally in most applications especially as a base oil in motor vehicles. Due to the rise in the construction activity, the demand for TMP is expected to rise at a very fast pace. Developing countries like India and China are expected to see a rapid rise in this industry in the near future thus raising the demand for TMP in the market.

The global trimethylopropane industry is a rapidly growing industry and will continue growing at a fast pace due to high disposable income of consumers in developing countries, continuous rise in the automotive industry and the rapid rise in construction activity especially in countries like India and China. The demand for TMP is high in the U.S., Germany, Japan and China. In the U.S. the demand for this product is high and is foreseen to continue rising over the next few years.

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In European countries, the demand is comparatively low but will grow at a comparatively fast pace due to the growth in the automotive industry. Asia Pacific is expected to see the fastest growth over the next few years due to increasing number of industries. China is growing at a very fast rate in terms of construction, plasticizers and the polymer industry and hence the demand for TMP is expected to grow over the near future.

Some of the key companies operating in the Trimethylopropane (TMP) Market Beijing Beilang Organic Chemical Plant, Heibei Qinhuangdao Dahua Organic Chemical Plant, Hubei Yihua Group Co. Ltd, BASF SE, and Fabbrica Adesivi Resine among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and 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.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Polyethylene Napthalate Market -Size, Share, Growth, Trends and Forecast - 2020

A new research report by Transparency Market Research offers a comprehensive evaluation of the global Polyethylene Napthalate market. The study, titled Polyethylene Napthalate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020, is available for sale on the firm’s website.

Polyethylene napthalate also abbreviated as PEN is a type of polyester exhibiting excellent barrier properties. Polyethylene napthalate is chemically similar to polyethylene terepthalate (PET), however it’s more temperature resistant and acts as a better barrier compared to PET. Polyethylene napthalate films exhibit several desirable characteristics such as excellent dielectric strength, superior hydrolysis resistance, excellent dimensional stability, good thermal conductivity, high mechanical strength and low thermal shrinkage. Commercial market for polyethylene napthalate is still in a nascent stage and the full potential of the product is yet to be realized. However polyethylene napthalate has found acceptance in several applications such as textiles, industrial fibers, foamed articles, containers for beverages, films and other thermoformed applications. Polyethylene napthalate is generally available in the market in the form of laminates, granules, rods and films.

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The primary driver for the polyethylene napthalate market is its application in electrical and electronic equipments. Owing to the high temperature resistance and good dielectric constant PEN provides excellent volumetric efficiency for metalized construction which is required in capacitors. Polyethylene napthalate films exhibits characteristics for signal coupling, filtering and bypassing applications. Polyethylene terepthalate is also used for the same applications in the electrical and electronics market, however the acceptance of polyethylene napthalate has been on the rise owing to superior physical and chemical characteristics. Another major application of polyethylene napthalate is in the bottle manufacturing industry.

PEN had been approved by the FDA to be used as containers for carbonated beverage, water, personal care products and house hold chemicals among others. Perishable food and beverage items which are required to be protected from sunlight and oxygen such as fruit juices and beer provide a considerable market to polyethylene napthale. Polyethylene napthalate is also lighter in weight compared to polyethylene terpthalate and more and more manufacturers are turning to it in order to reduce shipping cost through reduction in shipping weight. More recently polyethylene napthalte has found application in automotive tire cord manufacturing due to its excellent dimensional stability and temperature resistance. Polyethylene terepthalate filaments are also used in the textile industry to produce low tex textile products.

In spite of the enormous potential market for polyethylene napthalate, there exist certain restraining factors to the market’s growth. Polyethylene napthalate is more expensive compared to PET and display a shorter flex life. The higher cost acts as a deterrent to the market but with growing production capacities the cost is expected to subside in the future. Tremendous opportunity rests with polyethylene napthalate products as it has potential to be a substitute to the polyethylene terepthalate products. The market for PEN is still small compared to its predecessor, but the market dynamics are expected to change gradually in favor of polyethylene napthalate products with the reduction in its price.

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North America accounts for the highest demand for polyethylene napthalate market followed by Europe. Electronics and food and beverage applications are the main market drivers for the market in these regions. Asia Pacific market is slower that North America and Europe, but the market presents enormous opportunity in the future. China and Japan are the main producing countries in Asia Pacific region.

Some of the companies operating in the polyethylene napthalate market are DuPont, Teijin Ltd., and Advansa Sasa Polyester San A.S. among many others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and 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.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Ion Exchange Membrane Market-Size, Share, Growth, Trends and Forecast - 2024

The global ion exchange membrane market features the presence of a large number of suppliers, dominance of regional companies in several key markets, and growth dynamics that is highly dependent on long term contracts, and goodwill of companies, observes Transparency Market Research in a recent report. Local manufacturers with integrated operations have competitive advantage owing to the easy access to low-cost raw materials and lessened effect of volatility in raw material costs commonly observed in the global market.

According to Transparency Market Research, the global ion exchange membrane market will exhibit a moderate 3.5% CAGR over the period between 2016 and 2024, rising from a valuation of US$868.8 mn in 2015 to US$1,178.2 mn by 2024.
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In terms of material, inorganic membrane is the most commonly consumed ion exchange membrane, as it offers high selective separation of gases such as hydrogen and oxygen. The segment presently accounts for the dominant share in the global ion exchange membrane market and is expected to retain dominance over the forecast period as well. In terms of geography, Asia Pacific dominated the ion exchange membrane market in 2015. This trend is expected to continue during the forecast period due to the increasing demand for ion exchange membrane in industries such as pharmaceuticals, healthcare, electronics, and power generation.

Rising Usage across Water and Wastewater Treatment Industry to Drive Market

The key factors driving the global ion exchange membrane market include the widening scope of the global water and wastewater treatment industries and the vast rise in usage of ion exchange membranes in the industrial gas processing segment. Of these, the use of ion exchange membranes in the water and wastewater industries is expected to have a significant and lasting positive influence on the overall development of the global ion exchange market over the next few years.

Rising awareness regarding the importance of clean and pure water among masses, encouraging government efforts to ensure proper supply of the same, and stringent regulations regarding the treatment of industrial wastewater will boost the usage of ion exchange membranes in developing markets such as Asia Pacific and Middle East and Africa. The increased use of industrial gases across industries such as petrochemical, oil and gas, mining, power, and chemical is also expected to significantly drive the global demand for ion exchange membrane in the next few years.

Concerns Regarding Contamination Caused by Ion Exchange Membranes to Restrain Market Growth

Studies have demonstrated that ion exchange membranes can themselves be a source of non-ionized organic contamination. Organics remaining after manufacture get carried on with new commercial grade ion exchange membranes, while organic fragments are shed by very old membranes as the polymer structure opens up due to decrosslinkage of the material. Such contamination may make ion exchange membranes unsuitable for many uses.

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It is also often noticed that membrane beds do not filter-out bacteria or other micro-organisms. In fact, resin beds often act as a nutrient source as traces of organic matter accumulate after excessive use and indirectly help in the continued growth of microbes. Such concerns regarding the undesired side-effects of ion exchange membranes could hamper the growth prospects of the global ion exchange membrane market in the next few years.

This review of the market is based on a recent market research report published by Transparency Market Research titled “Ion Exchange Membrane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.

For the study, the global ion exchange membrane market has been segmented into:

Ion Exchange Membrane Market – Charge Analysis
  • Cation Exchange Membrane
  • Anion Exchange Membrane
  • Amphoteric Ion Exchange Membrane
  • Bipolar Ion Exchange Membrane
  • Mosaic Ion Exchange Membrane
Ion Exchange Membrane Market – Material Analysis
  • Hydrocarbon Membrane
  • Perfluorocarbon Membrane
  • Inorganic Membrane
  • Composite Membrane
  • Partially Halogenated Membrane

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Global Ceiling Tiles Market: Thriving Construction Industry to keep Sentiment Positive, Predicts TMR

Transparency Market Research states that the global ceiling tiles market is diversified with the presence of several large, medium, and small-sized companies. The leading four players held a share of 33.9% in the global market in 2015. Armstrong World Industries, Inc., Saint-Gobain S.A., USG Corporation, and Knauf have been domination the global market with their unwavering winning strategies. The consistent product innovation and technological improvements in products have been the underlying strategic principles for the success of these top four players. Companies are expected to focus on developing environmentally sustainable products in the coming years to maintain a competitive edge over others.

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According to the research report, the global ceiling tiles market is estimated to be worth US$51.3 bn by the end of 2024 as compared to US$21.6 bn in 2015. During the forecast years of 2016 and 2024, the global ceiling tiles market is expected to expand at a CAGR of 10.1%.

Mineral Wool Ceiling Tiles to Pave Way for Global Market during Forecast Period

The global market will be led by North America in the coming years. Analysts predict that the North America ceiling tiles market is expected to acquire a share of 31.8% by 2024. Amongst the various products, the mineral wool segment is expected to show soaring profits as the segment is anticipated to expand at a CAGR of 10.2% during the forecast period. The demand for mineral wool ceiling tiles is anticipated to catapult due to new construction projects in developing economies and in developed economies of North America as well.

Cost and Design Advantages Augment Demand for Ceiling Tiles

The rapid pace industrialization and urbanization have triggered construction activities across the globe. The growing investments in infrastructural development in emerging economies of Asia Pacific and South America are expected to boost the construction activities in the coming few years. These factors are directly responsible the soaring demand for ceiling tiles as these tiles are cost effective and offer several advantages. Ceiling tiles provide the best acoustics and thermal insulation. Owing to these reasons, ceiling tiles are being used in several low-cost accommodations that are being designed by the lower-income categories.

The demand for ceiling tiles is also being fueled due to the rising GDPs of several nations, increasing disposable incomes, improving standard of living, and demand for better designs and aesthetics. Today, ceiling tiles are being used in residential, non-residential, and industrial spaces due to their recyclable properties. The advantage of reducing the carbon footprint by adopting these tiles has made several governments opt for these tiles instead of conventional ones. Out of various types of ceiling tiles, the mineral wool ceiling tiles are expected to garner significant attention as they exhibit low cost to landfill. Thus, they offer a sustainable solution to waste management as compared to other products.


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Substitutes Challenge Uptake of Ceiling Tiles

The global ceiling tiles market faces tough challenges that are projected to restrain its growth in the coming years. Researchers have identified at availability of substitutes to ceiling tiles such as asphalt and mortar are expected to hamper the growth of global market. Furthermore, the market is also expected to be challenged by the fluctuation in prices of raw materials. For instance, prices of gypsum and mineral wool have been on persistent rise since 2012, which has negative impacted the cost of ceiling tiles. The volatility of raw materials and the final product is expected to restrain the global market in the coming years.

The review is based on Transparency Market Research’s report, titled “Ceiling Tiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

The ceiling tiles market has been divided into the following segments:

Ceiling Tiles Market – Product Analysis
  • Mineral Wool
  • Metal
  • Gypsum
  • Others
Ceiling Tiles Market – Application Analysis
  • Residential
  • Non-residential
  • Hospitality
  • Commercial
  • Institutional
  • Industrial

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