Monday, November 7, 2016

Growth in the Elastomeric Coating Market in Upcoming Years !

Investments & Expansions and New Product Launches Were the Key Strategies Adopted by the Industry Players in Order to Achieve Growth in the Elastomeric Coating Market


The elastomeric coating market is dominated by regional players, along with the presence of few global players, in the key growth markets. North America is the largest market in the global elastomeric coating industry.

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The major companies operating in the global elastomeric coating market are BASF SE (Germany), Henry (U.S.), Dow Corning Corporation (U.S.), Progressive Painting Inc. (U.S.), Sherwin Williams (U.S.), Clariant Chemicals (Switzerland), PPG Industries (U.S.), Nippon Paints (Japan), Jotun A/S (Norway), Rodda Paints (U.S.), and others.

Investments & expansions and new product launches were the key strategies adopted by the industry players in order to achieve growth in the elastomeric coating market. These strategies accounted for about 47% and 33% share, respectively, of all growth strategies adopted by the market players. Rising demand for elastomeric coating and high growth in the construction industry in developing countries have encouraged companies to adopt these strategies.

The key players are focusing on entering new markets by launching technologically advanced and innovative elastomeric coating and resins for different technologies systems. The Dow Chemical Company (U.S.), Nippon Paints (Japan), and Rodda Paints (U.S.) are some of the leading market players that adopted this strategy in order to develop their business.

Besides new product launches and investments & expansions, companies adopted the strategies of joint ventures, partnerships, contracts, and agreements and mergers & acquisitions in order to expand their market share and distribution network. These two strategies accounted for a share of about 13% and 7% of the total number of growth strategies adopted by the players in the elastomeric coating market between 2011 and 2016.

In 2014, Dow Construction Chemicals (DCC), a business unit of The Dow Chemical Company, launched a new high performance, 100% acrylic re-dispersible powder, DLP-500. Due to this, Dow entered a new market with dry acrylic powder that is designed specifically for Exterior Insulation Finish Systems (EIFS) and stucco finishes.

Jotun (Norway) opened its regional research and development (R&D) facility in China. The new R&D facility is focused on the creation and development of products for coatings and paint.

Also, in 2012, Jotun (U.S.) opened its regional research and development (R&D) facility in China. The new R&D facility is focused on the creation and development of products for coatings and paint.

In 2014, Sherwin-Williams (U.S.) formed a joint venture to launch Premier Paints Company in Saudi Arabia. This joint venture, between Sherwin-Williams and Red Sea Housing Services Company (Saudi Arabia), launched Premier Paints Company, which will serve customers in the architectural, energy, and construction sectors in the region.

Monday, October 17, 2016

Future Trends of Concrete Repair Mortars Market - Global Forecast to 2021

The Concrete Repair Mortar is used to bring back the Architectural Shape of the Old Structure and to Resume All the Functional Work Quickly


Concrete repair mortars are generally used in the repair and maintenance of the old and deteriorated buildings & infrastructures. The concrete repair mortar is used to bring back the architectural shape of the old structure and to resume all the functional work quickly. The global concrete repair mortar market size is expected to reach USD 2.62 Billion, by 2021, registering a CAGR of 7.67%, between 2016 and 2021. Growing trend of public–private partnership in developed countries and increasing spending on infrastructure repair & maintenance are the key factors fueling the demand of concrete repair mortars around the world.

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The key companies profiled in this report includes Sika AG (Switzerland), BASF SE (Germany), Mapei S.p.A. (Switzerland), Fosroc International Ltd. (U.K.), Saint-Gobain Weber S.A. (Germany), Pidilite Industries Ltd. (India), Adhesives Technology Corporation (U.S.), Flexcrete Technologies Ltd. (U.K.), Remmers Baustofftechnik GmbH (Germany), and The Euclid Chemical Company (U.S.). The surging construction industry and demand for concrete repair mortars have encouraged companies to adopt several business strategies to retain their competitiveness in the global market, between 2012 and 2016. Therefore, companies, such as Sika AG (Switzerland), Mapei S.p.A. (Italy), and BASF SE (Germany) have adopted expansion and new product development as their key growth strategies in the global concrete repair mortar market.

Sika AG (Switzerland) is the biggest player in the global concrete repair mortars market, having the market share of 31.5%, in 2015. The company adopted expansion as its key strategy in the global concrete repair mortars market. For instance, in June 2016, Sika AG (Switzerland) established a new mortar factory in Ecuador and a subsidiary in Nicaragua. Along with the production facility in Ecuador, the company also established a packaging and logistic unit, which will expand the product portfolio in the fast-growing mortar market in Ecuador. The increased production capacity will enable the company to increase its market share in South America.

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Mapei S.p.A. (Switzerland) was among the top manufacturers of concrete repair mortars in 2015. It adopted product launch as its key strategy to enhance its product portfolio in the concrete repair mortars market. For instance, in November 2015, Mapei S.p.A. (Italy) launched a R4-class mortar for the concrete repair mortars market in South Africa. The product is a one-component thixotropic mortar, which contains polyacrylonitrile fibers, synthetic polymers, and special admixtures. It offers solutions for convenient high-performance structural repairs and smoothing of both internal and external damaged concrete surface. This launch strengthened the company’s product portfolio in the concrete repair mortars market in South Africa.

Tuesday, September 13, 2016

How to Composites Market Affect on the Different Industry in Future

Major players are adopting investments & expansions as a key strategy to gain market share in Composites Market   

The global market size of composites is estimated to grow from USD 69.50 Billion in 2015 to USD 105.26 Billion by 2021, at a compound annual growth rate (CAGR) of 7.04% between 2016 and 2021. High demand for composites from aerospace & defense, wind energy, and transportation is the key driver for the composites market.

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The key players in the composites market are Hexcel Corporation (U.S.), Huntsman Corporation (U.S.), Owens Corning (U.S.), Toray Industries (Japan), Teijin Limited (Japan), SGL Group (Germany), and so on. These players have adopted various strategies to expand their global presence and increase their market shares. Capacity expansions, product launches, and agreements & partnerships are the major strategies adopted by the market players to achieve growth in the composites market.

Investments & expansions has been the principal strategy adopted by key players for entering the composites market. A number of capacity expansions in the composites market were undertaken by key players such as Hexcel Corporation (U.S.), Toray Industries (Japan), Teijin Limited (Japan), and PPG Industries (U.S.) to strengthen their market position; for instance, Toray Composites, Inc. expanded its production facility in Pierce County in September 2015 to add significant prepreg capacity to its existing facility for meeting the demand growth in Boeing and other aircraft applications. Hexcel Corporation (U.S.) established a new manufacturing facility in Casablanca, Morocco in January 2016 to cater to the increasing demand for core structure, which involves the production of honeycomb materials, especially, for the aerospace structures.

A substantial number of novel product launches were announced and commercialized between 2012 and 2016 in the composites market. Owens Corning (U.S.) announced maximum number of product launches during this period. The products launched by Owens Corning included PulStrand 4100, multi-end roving under the brand Paneluxe, HydroStrand 258 glass-fiber chopped strands for polyamide (PA) resins, glass fiber products under the brand Advantex ME1975 and Advantex ME1510, and others. This has enabled Owens Corning to expand its market presence in automotive, pipes, and sheet molding applications.

Composites manufacturers worldwide are also considering agreements & partnerships with other key players to broaden their market and explore new opportunities in the composites market; for instance, Cytec-Solvay Group (U.S.) has signed a distribution agreement with Bang & Bonsomer Group (Finland) for distribution of process materials products in Lithuania, Estonia, Latvia, and Finland. Another major composites manufacturer, Huntsman Corporation (U.S.) entered into a distribution agreement with GMZ Inc. (U.S.) for distribution of advanced materials epoxy resins and specialty components products in Midwestern U.S., which includes Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin.

Wednesday, August 24, 2016

Biolubricants Market: New Product Launches and Agreements & Collaborations

The global biolubricants market size is projected to reach USD 3.15 Billion by 2021 at a CAGR of 6.3% between 2016 and 2021. Increasing stringent regulations such as EPA’s Vessel General Permit and USDA’s Bio Preferred Program are creating opportunities in the biolubricants market in the U.S. In addition, emerging applications of biolubricants such as transformer oil and two- and four-cycle engine oils are expected to present immense opportunities going ahead.

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New product launches and agreements & collaborations were the most preferred strategies among the major players in the biolubricants market between 2012 and 2016. New product launches accounted for a share of 43.8% of all the development strategies adopted by the market players. Companies adopted this strategy for developing new and advanced products to strengthen their product portfolio and cater to the growing needs of consumers in the U.S. and European countries. The biolubricants market is currently in the introduction phase in regions such as Asia-Pacific, South America, and the Middle East & Africa. Many R&D activities are being carried out in the market to develop products with better technical specifications and priced competitively against the mineral oil-based lubricants. Chevron Corporation, BP plc, Emery Oleochemicals, and Clarion Lubricants are some of the manufacturers who adopted this strategy.

The strategy of agreements & collaborations accounted for a share of 25%, between 2012 and 2016, of the overall strategic developments in the biolubricants market. Companies adopted this strategy to strengthen their distribution network and extend their reach to customers. Some agreements and collaborations were done for raw material supply as well. Companies such as Altranex Corporation, Chevron Corporation, and BioAmber Inc. adopted this strategy.

Chevron Corporation is an integrated energy company that provides administrative, financial, management, and technological support to the U.S. and international subsidiaries, which engage in fully integrated petroleum operations, chemical operations, mining operations, power generation, and energy services. It mainly operates through two business segments, namely, upstream and downstream. The company promotes transformation and upgrading of technology to improve development quality and efficiency as well as establish a return-oriented investment management mechanism, which complies with both market conditions and the firm’s overall development goals.
Chevron introduced a new line of Clarity Synthetic hydraulic and gear oils for the marine industry. The lubricants are used in applications concerning leaks and accidental discharges. These lubricants meet the requirements of EPA VGP for environmentally acceptable lubricants (EALs). This development is expected to help the company tap the highly growing demand for biolubricants in the marine industry.

Emery Oleochemicals develops and markets high-quality natural-based chemicals. Emery has its manufacturing units and sales & marketing offices in Asia-Pacific, Europe, and North America. The company has an extensive distribution network in more than 50 countries. It focuses on organic growth strategies to increase its existing market share. The company is focusing on the transition of sustainable practices into a responsible and efficient supply chain management system to gain competitive advantage.

Emery Oleochemicals launched DEHYLUB 4100 and DEHYLUB 4071, which offers high viscosity and lubrication and low pour point in extreme conditions of temperature and pressure. These natural-based chemicals are designed for metalworking fluids, chain lubricants, hydraulic fluids, and greases applications. This product was launched to cover a wide range of applications.

Friday, August 19, 2016

Prepreg Market: New Product Developments and Agreements & Partnerships


Prepreg is becoming crucial in wind energy and aerospace & defense applications due stringent environmental norms, growth in number of wind capacity installations, and number of plane deliveries. The prepreg market size is projected to reach USD 8.64 Billion by 2021, growing at a CAGR of 10.12%, between 2016 and 2021.


The key companies offering prepreg are mainly involved in novel product development and agreement and partnerships to strengthen their position in the market. This expands their product portfolio and helps them to meet the increasing demand of prepreg from various industries, especially aerospace & defense and wind industries.

Agreements & partnerships, novel product development, expansion & investment and acquisition were the key strategies undertaken by the key players between 2012 and 2016. New product development accounted for a share of 39% among other strategies in the prepreg market. Agreement & partnership was considered as the second most-preferred growth strategy by the manufacturers, and accounted for a share of 33% of the total development strategies of the prepreg market.


Key Players - The key manufacturers profiled in this report are Royal Ten Cate N.V. (Netherland), Toray Industries, Ltd. (Japan), Teijin Ltd. (Japan), Hexcel Corporation (U.S.), SGL group (Germany), Gurit Holding AG. (Switzerland), Solvay SA Group (Belgium), and others. These companies have adopted various organic and inorganic growth strategies to expand their global presence and increase their penetration into the prepreg market.

Solvay SA Group and Hexcel Corporation were observed as the major players with maximum number of growth strategies between 2016 and 2021 in the prepreg market. The strategies adopted by them, accounted for around 31.25% of all the strategies in the market between 2012 and 2016.

Hexcel Corporation is one of the leading companies and the largest contributor in the growth of the prepreg market, globally. It accounted for the largest share of all the development activities undertaken in the prepreg market between 2012 and 2016. The company follows dynamic growth strategies with expansion as their major strategy to enhance its geographical presence and customer base. It manages its sales and distribution services through its various representatives based in Austria, Belgium, Finland, France, Germany, Israel, Italy, Japan, South Africa, Spain, Turkey, Spain, the U.K., the U.S., and across various parts of the globe.

Solvay SA Group became second key player with the acquisition of Cytec Industries, Inc. in 2015. This acquisition of Cytec Industries, Inc. boosted Solvay’s growth by making it world’s one of the major producers of prepreg for the aerospace industry. The company is trying to expand its supply of aerospace prepreg by signing agreements and developing new products.

Wednesday, April 6, 2016

Depth Analysis on 3D Printing Metal Market Strategy & Leaders

Titanium metal segment to dominate the global 3D printing metal market

Metal 3D printing has been widely adopted by the aerospace & defense industry across major regions. Titanium and its alloys are mainly used in aerospace engineering applications such as manufacturing of engine components as they offer high strength, are lightweight, and provide superior resistance to corrosion. Due to bio-compatibility, they are also used in biomedical applications such as orthopedic and dental implants as well as artificial knee and hip replacement surgeries. Titanium metal offers greater durability in terms of speed, accessibility, and affordability and is thus preferred in metal 3D printing activities for critical applications.


Aerospace & defense is the major application in the global 3D printing metal market

The volume of 3D printing metals consumed by the aerospace & defense sector constitute more than one-third of the total 3D printing metals end-user market. This growth is mainly attributed to the huge demand for 3D printing metals from airbus manufacturing companies and engine component manufacturers. Due to its high precision and accuracy, metal 3D printing with large print box has been used to print larger aircraft components measuring around 15 kilogram. Availability of new materials for tooling and prototyping, demand for prosthetic and dental implants, and high investments for new product developments will significantly contribute to the growth of 3D printing metals market in automotive, medical & dental, and other industry verticals.

North America the most dominant region in the global 3D printing metal market

North America is considered as the major regional market for 3D printing metals. Most of the research activities and new product developments have been confined to North America and this will be the most dominant region as compared to other regions. The 3D printing metals market in the Asia-Pacific region remains the fastest-growing market, followed by North America and Europe.

Key player - Some of the key players operating in the global 3D printing metals market include 3D Systems Corporation (U.S.), Renishaw Plc (U.K.), Arcam AB (Sweden), Hoganas AB (Sweden), Voxelget AG (Germany), Carpenter Technology Corporation (U.S.), GKN Plc (U.S.), Sandvik AB (Sweden), LPW Technology (U.K.), Optomec Inc. (U.S.), and EOS GmbH Electro Optical Systems (Germany). etc.

The global 3D printing metal market is segmented on the basis of type (titanium, stainless steel, nickel, aluminum, others), form (powder, filament), end user (aerospace & defense, automotive, medical & dental, others), and region (North America, Asia-Pacific, Europe, and RoW).
 

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