Chemical Planet

The industry is expected to witness significant growth on account of high application scope coupled with growing consumption from the automotive application. The Global Coating Equipment Market is expected to reach USD 22.23 billion by 2025, according to a new report by Grand View Research, Inc. Robust growth in the consumption owing to rising government spending, fast-growing population, and continued progress on infrastructure projects in Middle Eastern economies is likely to augment product utilization in the residential sector.Africa residential sector is expected to witness growth on account of increasing foreign direct investments and rising consumer’s willingness to spend. Governments of Middle East have framed favourable policies to promote investments in the automotive sector. In addition, expansion of road networks along with urban population growth has played a crucial role in increasing sales of automotive vehicles in Middle East countries such as Saudi Arabia and Uni

Dyes & pigments are expected to witness significant growth in the consumption on account of high application scope coupled with increasing demand from printing inks application. The Global Dyes & Pigments Market is expected to reach USD 46.4 billion by 2025, growing at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Increasing demand in Asia Pacific region from various applications such as textiles, construction, and plastics is anticipated to drive the market. Increasing consumers’ willingness to spend, industrialization, and rapid economic growth is anticipated to further propel the growth across the region. Fast growing digital printing market is anticipated to provide a positive scope for printing inks industry, thereby driving the growth over the forecast period. Increasing food and beverage consumption is anticipated to drive the product demand further. Reactive dyes were valued at USD 10.81 billion in 2016 owing to their high utilizati

The improvement in the U.S. housing sector as a result of increasing number of single-family homes on a domestic level is expected to drive the market. However, gains in the automotive manufacturing industry as a result of increased exports of four wheeler vehicles from developing countries including Brazil, South Africa, India and Thailand is expected to increase the penetration of flooring in production facilities over the next eight years. The U.S. Concrete Floor Coatings Market is projected to reach approximately USD 1.15 billion by 2025, according to a new report conducted by Grand View Research, Inc. Epoxy coatings are projected to grow at a CAGR of 6.0% from 2017 to 2025. The high adoption rate of these types of coating in flooring industry on account of providing excellent properties including improved durability and superior toughness is projected to have a significant impact over the next eight years. Polyurethane coatings market is expected to reach USD 268.3 million b

Developments in manufacturing & industrial sector are projected to impact demand positively. Thermal insulation coatings lessen the heat loss in various equipment, thus improving their performance and reducing the overall maintenance cost. The Global Thermal Insulation Coating Market is anticipated to reach USD 11.75 billion by 2025, according to a new report by Grand View Research, Inc. Favorable government regulations and initiatives to strengthen the manufacturing industry, such as the provisions for subsidy, increasing foreign investments and trade promotion are projected to augment product demand over the forecast period. Some of the initiatives are Belt and Road initiative in China, Make in India initiative by the Indian government, and Buy American Hire American initiative in the U.S, etc. Increased demand for the products which are capable of working in high-temperatures in both cyclic and isothermal models is anticipated to foster usage in the manufacturing sector. T

Increasing utilization in automobile engine components and the aerospace & defense industry is projected to propel the market growth over the next eight years. The Global Ceramic Coating Market is expected to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 7.2% over the forecast period. Ceramic coatings are being extensively used in the automobile and transportation industry owing to its anti-corrosion properties and offering resistance to abrasion and heat.  Ceramic coatings are also used for providing a finished polish look on the exterior body of cars slowly replacing wax. With growing research and development activities, ceramic coatings are venturing into wider application segments. Currently, automobile and transportation are expected to be the largest application for ceramic coatings. However, with further product innovations, the ceramic coating is likely to have larger application shar

Rising need for durable and good quality construction materials is likely to propel the market over the next eight years. The Global Waterproofing Membranes Market is expected to reach USD 37.55 billion by 2025, according to a new report by Grand View Research, Inc. Technological developments and innovations in the field of waterproofing membranes have led to the development of products, which offer advantages including low cost and high surface protection. The governments in various economies have been taking efforts for reducing the prices of natural polymers, which is expected to fuel utilization of environmental-friendly products. Growing population and urbanization is expected to facilitate the investment in construction sector in the Asia Pacific region. The capital project & infrastructure sector in the region is likely to reach USD 5,300 billion by 2025 with a growth of 7.0% to 8.0% per year. Strong economic growth and promotion of FDI in India are expected to spur t

The industry is anticipated to grow significantly over the forecast period owing to rising applications in automotive and construction industry to cater consumer demand for diverse product features. The Global Curing Adhesives Market is expected to reach USD 18.8 billion by 2025, according to a new report by Grand View Research, Inc. U.S. Environmental Protection Agency Office of Air Quality Planning and Standards provides various standards and acts for environmental protection against the use of harmful synthetic chemical while manufacturing these products. Acrylate resin was the leading raw material segment with over 30% share of the overall market volume in 2016. Acrylate resin are preferred in UV curing adhesives owing to the ability of product for humid and water resistance coupled with good resistance impact strength. Ideal bonding properties of UV cure agents used in glassware, glass furniture, and clear plastic, has contributed towards higher demand of UV curative bonding

Growing demand from end-use applications including flexible packaging & labels, corrugated cardboards, commercial letterpress, and folding cartons are the main factors expected to drive the market over the forecast period. Rise in consumer spending in Asia Pacific and North American regions, increasing demand for superior quality flexible packaging are some of the main parameters influencing the overall demand for printing inks globally. The Global Printing Inks Market is expected to reach USD 25.83 billion by 2025, according to a new report by Grand View Research, Inc. Product innovations, technological progressions, new raw material sourcing models and expansion strategies are some of the major drifts the companies are focusing on to cater to the specific consumer requirements. The recent trends witnessed by this industry include rising significance of flexographic and digital toners, food-safe printing inks and a shift in consumer preference towards environment-friendly

The use of silane in various end-user industries as a cross-linker and coupling agent has fueled the product demand. The Global Silanes Market is expected to reach USD 2.15 billion by 2025, according to a new report by Grand View Research, Inc. Silane, a versatile silicone compound, is used in coupling, crosslinking, adhesion promotion, and surface modification. It imparts tear resistance, abrasion resistance, and tear propagation resistance properties to rubbers. Rubbers used in automotive tires, shoe soles, and hoses are manufactured using silanes. It is used as an adhesion promoter in coatings to improve their abrasion resistance, UV resistance, and flow behavior. The rising demand for corrosion protection coatings has propelled the silanes market in the paints & coatings application in the recent past. To Know More About Silane Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/silane-market Asia Pacific dominated the global silane market in 2016

The increasing awareness about health and safety issues coupled with regulatory mandates to enforce trivalent chromium as a replacement for hexavalent chromium is projected to fuel the market growth. In addition, rising demand from the European region is further expected to propel the demand over the forecast period. The Global Trivalent Chromium Finishing Market is expected to reach USD 379.1 million by 2025, according to a new report by Grand View Research, Inc. In terms of revenue, decorative was the largest application segment in 2016 and the trend is anticipated to continue at a growth rate of 4.6% over the forecast period. Increasing need for improving the surface appearance of components is expected to contribute to the growth. Decorative chrome is being widely used on account of various properties such as stain and abrasion resistance. The extensive research to reduce the use of harmful chemicals in the chrome finishing process is boosting the demand for trivalent chrome

Silicone coatings reduce the loss of heat in various equipment along with providing resistance from water, heat, moisture, and dust, thus improving their performance and reducing the overall maintenance cost. The Global Silicone Coating Market is anticipated to reach USD 6.81 billion by 2025, according to a new report by Grand View Research, Inc. Advancements in technology and manufacturing capabilities are expected to increase refined offerings for the industrial sector in the coming years. Manufacturing industries are using different types of high-performance equipment, which operate at severe temperatures. Silicone coatings provide excellent thermal, electromechanical and anti-corrosive properties that enable companies to maintain the compactness of a product with improved performance. Along with wide applications in aircraft manufacturing industry, silicone coating is also used significantly in defense electronics equipment owing to its characteristics of providing high elect

Growing demand for aircrafts and the increasing penetration of composites are likely to substantially contribute to industry growth over the forecast period. The Global Aviation Adhesives and Sealants Market size is predicted to be worth USD 1.17 billion by 2025, according to a new report by Grand View Research, Inc. The demand for aviation adhesives and sealants in general, commercial, and military end-use applications is increasing owing to a significant increase in aircraft building activities to cater to the growing demand for air travel coupled with a substantial drop in jet fuel prices. In addition, increasing volatility in diplomatic relations among countries has augmented the global defense expenditure, which, in turn, is likely to boost military aviation end-use application. Increasing research & development activities and numerous government incentive programs are likely to enhance the production of aircrafts, which in turn is likely to propel market demand for adhe

Growing demand from end-use industries is likely to be a major factor triggering the market over the forecast period. South East Asia Construction Coatings Market is projected to reach USD 6.65 billion by 2025, according to a new report by Grand View Research, Inc. Water borne segment accounted for a major volume share in SEA market in 2016. The growing infrastructure development in economies including Indonesia, Thailand, Philippines, and Vietnam is likely to drive the demand for the product over the forecast period. Powder coatings are expected to witness significant growth, in terms of revenue, from 2017 to 2025. Increasing government investments in construction is anticipated to drive the market over the forecast period. Increasing use of construction coatings for waterproofing and protective application is likely to propel product demand further. Most market leaders in the region are integrated throughout the value chain. This provides the companies with an advantage in the

Increasing application scope, owing to advantages such as wear and corrosion protection, low toxic gas emissions, thickness capability and electrical resistance is expected to fuel thermal spray coating market growth. Key applications include aerospace precision parts, automotive, medical instruments and industrial gas turbines. Use of these coating for biomedical and medical instruments to improve wear resistance and boost biocompatibility of prosthetics and dental implants is expected to augment growth. The Global Thermal Spray Coatings Market size is expected to reach USD 14.99 billion by 2025, according to a new report by Grand View Research, Inc. Rising application scope of gas turbines in ships, locomotives, tanks, helicopters and motorcycles is expected to augment thermal spray coating market over the forecast period. Polymer and metal thermal spray coatings are employed in powdered form for industrial gas turbines blades on account of properties such as high temperature c

Varied applications across numerous end-use industries are expected to drive the global market. The Global Nitrocellulose Market is expected to reach USD 1.05 billion by 2024, according to a new report by Grand View Research, Inc. Nitrocellulose based printing inks are applied in gravure and flexography printing applications. There has been a rise in printing ink applications in the recent past and is expected to have a positive impact on the market growth. Physical properties such as better adhesion and non-reactivity to other paints are expected to compliment the overall demand. Nitrocellulose, when added to inks or coatings imparts special characteristics such as excellent adhesion, superior drying properties, and high solubility. Governments across the globe have issued several regulations and imposed various mandatory policies for importers to obtain import license for the trade of this product with an aim to safeguard public interest and prevent any misuse of this substance

The industry is driven by growing demand from industrial and architectural segments. Paints and coatings are used in a wide range of applications in industries such as oil and gas, marine, aerospace, cookware and household, furniture, machinery, and automotive. The Global Paint Additives Market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.0% during the forecast period. Currently, an increasing number of industry participants are moving toward manufacturing “green paints” - environment-friendly paints with zero volatile organic compound. This trend is primarily owing to a shift in consumer preferences, influenced by stringent regulatory policies. These aspects are expected to positively influence the market over the forecast period. Increase in construction spending in emerging economies is expected to boost demand for various types of paints and coatings in the buildings and construction segment

Growing demand for hydrophilic coatings in medical and automotive application is expected to complement market growth over the forecast period. The Global Hydrophilic Coatings Market size is expected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. The demand for hydrophilic coatings is high in medical devices and equipment industry as the industry consumes a significant amount of the overall coatings manufactured. The product creates a lubricious surface resulting in the reduction of medical device stiction, thereby aiding the device positioning by reducing the risk of infection. As a result, the demand for the product is expected to grow significantly over the forecast period. The surface wettability of materials plays a key role in ensuring the safety and comfort of the drivers, irrespective of the weather conditions. As a result, the hydrophilic coatings are applied on the windshields and mirrors of the vehicles. In addition, the coat

Rising demand for conformal coatings for manufacturing of automotive and electronic components is expected to propel growth. The Global Conformal Coatings Market is expected to reach USD 15.73 billion by 2024, according to a new report by Grand View Research, Inc. The market is highly competitive and fragmented owing to presence of numerous medium and large scale manufacturers and suppliers. The high competition between existing players and high capital investment are expected to pose as a threat to new entrants. However, rapid growth of end-use industries in emerging economies, which demands high volumes of conformal coatings is expected to propel demand. Regional government bodies in Asia Pacific have implemented schemes and initiatives to encourage domestic manufacturing in order to develop the economies of these countries. For instance, ‘Make in India’ scheme that is increasingly attracting major foreign players to invest in domestic production facilities. As a result, the de

Technical advancements in liquid applied membrane, when compared to traditional systems, allow benefit in terms of cost reduction, better planning, and overall concrete protection. Liquid applied membranes have immense market potential on account of flexibility, making them ideally suited for application in water and waste management systems. The Global Liquid Applied Membrane Market is expected to reach USD 6.92 billion by 2022, according to a new report by Grand View Research, Inc. European Commission announced favorable prices governing the production of natural based polymer products such as biopolymers, thereby enabling major players in the liquid applied membrane market to provide environment-friendly solutions. Developing markets of Asia Pacific and Europe are expected to account for over 50.0% share in global waste and water management industry, further augmenting market demand for liquid applied membrane. Governments of various developing and developed nations have compr

Increasing construction and remodeling activities in emerging economies of Asia Pacific and Middle East is expected to drive waterborne coatings market growth over the next seven years. Waterborne coatings are widely used in interior & exterior paints, doors, trims and facades in architectural industry. The Global Waterborne Coatings Market is expected to reach USD 146.11 billion by 2022, according to a new study by Grand View Research, Inc. Stringent government regulations in order to reduce volatile organic compounds (VOC) emissions associated with solvent based coatings are projected to propel market growth. Increasing automobile production in countries such as India, China, Thailand, Indonesia and Mexico has also prompted the demand for waterborne coatings. Acrylic resins were the most dominant resin in waterborne coatings and accounted for over 80% of total market volume in 2014. They find wide application scope in end-use industries such as infrastructure and automotive

Pigment dispersions are insoluble coloring agents used to impart color to various materials and can be classified into organic and inorganic types. Various pigment dispersions are available in the market and their choice depends on specific applications desirable in end-use industries. The U.S. Pigment Dispersion Market size is expected to reach USD 7.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.6% during the forecast period. Pigment dispersions contain at least one chemical compound, which absorbs and reflects light in order to impart color to various substrates used. Inorganic pigments constitute titanium dioxide, iron oxide, chrome green, ultramarine blue, carbon black, and others. Inorganic pigments are the widely preferred in various end-use industries as they are abundantly available and inexpensive. However, some inorganic pigments such as lead chromate are considered hazardous upon consumption. Among inorganic pigments

Increasing use of PEG as a solvent in the manufacturing of laxatives and eye drops coupled with the growth of pharmaceutical industry is anticipated to drive market. Evolution of waterborne coating and paint in automotive and construction industries owing to growing demand for eco-friendly products is expected to augment PEG market growth. Global Polyethylene Glycol (PEG) Market is expected to reach USD 1.68 billion by 2020, according to a new study by Grand View Research, Inc. Medical was the largest application for PEG, accounting for more than 40% of market share in 2013. Superior blending, hygroscopicity and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with increasing use of P

Increasing consumption of PTA for manufacturing polyester coupled with rising application scope of polyester in the textile industry is likely to fuel acetic acid market growth over the next seven years. Global Acetic Acid Market is expected to reach USD 13.31 billion by 2022, according to a new study by Grand View Research, Inc. Growing demand for VAM which is used as a precursor for manufacturing EVA and EVAc coupled with an increasing consumption of these downstream chemicals in the formulation of solvents and adhesives is expected to drive acetic acid market. Acetic acid is also used as a key ingredient in vinegar. Rising demand for vinegar owing to numerous health benefits associated with it is expected to augment market growth over the forecast period. Acetic acid demand for manufacturing VAM exceeded 3,600 kilo tons in 2014 and the segment is projected to grow at a CAGR of over 4% from 2015 to 2022. Vinyl acetate monomer (VAM) is used in production of various adhesives

Growth in furniture and construction industry along with increasing concentration in Asia Pacific is expected to be a key driver for the market over the next six years. Fluctuating raw material prices coupled with the increasing consumer awareness regarding harmful effects of formaldehyde is expected to be a major challenge for the market over the forecast period. The Global Formaldehyde Market is expected to reach USD 21.03 billion by 2020, according to a new study by Grand View Research Inc. In addition, stringent environmental regulations, imposed by REACH on formaldehyde emissions from wood products are expected to further hinder the growth of the market. UF Resins dominated the application market in terms of revenue and volume, accounting for over 39% of global market volume in 2013. PF resins are expected to be fastest growing application segment, at an estimated CAGR of 7.1 % from 2014 to 2020. Growing consumption of phenol formaldehyde in automotive and construction indu