LED Materials Market Industry Leaders Research Insight & New Revenue Pockets

New product launches and expansions are the key strategies adopted by the industry players to achieve growth in the LED materials market between 2016 and 2021. Development of cost-effective products and more innovative features have led various manufacturers to focus on LED materials, thus leading to an increase in its demand. This has encouraged companies to adopt strategies such as new product launches, expansions, and agreements. Some of the key players, such as Sumitomo Electric Industries, Ltd. (Japan), Hitachi Metals, Ltd. (Japan), Nichia Corporation (Japan), and Epistar corporation (Taiwan) have adopted these strategies to develop their businesses globally. These strategies also accounted for a significant share of the overall growth strategies adopted by the players in the market between 2015 and 2017. 

Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=116248392

Nichia Corporation (Japan) is one of the leading players in the LED materials market. As a part of its business strategy, Nichia focuses on new product developments and expansions. The company focuses on manufacturing high-quality products by employing the latest state of the art technology and improving the efficiency of its operations. In 2016, Nichia Corporation introduced the LED family 757G series which is designed for general lighting. These LEDs can be used in panel lights, bulbs, downlights, ceiling lights, high bays, tube lights, and ceiling lights.

Epistar Corporation (Taiwan) is a key manufacturer in the global LED materials market. The company aims to expand its market share and become one of the most innovative companies in the world. Epistar Corporation and Cree, Inc. agreed on a global patent cross-license agreement for LEDs to grow in the LED lighting and LED bulb market. This agreement also allowed the companies involved to use other's nitride LED chip LED patents. In addition, each company was granted certain rights to non-nitride patents as well. This allowed more innovation in the field of LED related products.

Companies such as Sumitomo Electric Industries, Ltd. (Japan), Hitachi Metals, Ltd. (Japan), Nichia Corporation (Japan), Epistar corporation (Taiwan), Cree, Inc. (U.S), Koninklijke Philips N.V. (Netherlands), and OSRAM Licht AG (Germany) are the most active players in the LED materials market.

There has been an increase in the usage of LED materials across various end-use applications, such as general lighting, automotive lighting, backlighting, and others. LEDs are used for various applications in these applications and the adoption rate is increasing at a rapid pace. This will fuel the demand for new LED materials to benefit from the various properties of LEDs in the aforesaid different applications.

This report estimates the market size for LED materials in terms of value. The LED materials market is projected to grow at a CAGR of 9.9% from 2016 to 2021, in terms of value. The trend of using economical and innovative LED materials in various end-use industries is projected to drive the LED materials market.

The developed regions, such as Europe and North America, are relatively mature markets as compared to Asia-Pacific, Middle East & Africa, and South America. The LED materials market in Asia-Pacific is projected to grow at the highest CAGR from 2016 to 2021. The high GDP growth rate in this region is fueling the growth of LED materials market in the region. In Asia-Pacific, the LED materials market in China is projected to grow at the highest CAGR during the forecast period, in terms of both value and volume. Though China has been an export-oriented country, the increasing domestic demand is expected to increase the domestic consumption of LEDs. Government incentives, along with the ban on incandescent light sources in public offices, are expected to drive the growth of the LED materials market.

The general lighting segment is projected to grow at the highest CAGR from 2016 to 2021. The demand from general lighting segment will be driven by the increasing use of LEDs in residential applications. Various factors, such as better overall efficiency, practical design, and consistent performance are driving the demand for LED materials in residential applications. In addition, the growing awareness about savings on energy consumption bills using LEDs for lighting has generated a lot of demand from other segments as well.

Thermal Spray Coatings Market Industry Leaders & New Revenue Pockets & Research Insight

Thermal Spray Coatings Market Industry Leaders & Research Insight -

 

Thermal spray coating process is a method used to surface and resurface engineered components. Thermal spray coating process provides surface protection to substrate materials and prevents them from wearing and corrosion. The major companies operating in the thermal spray coatings market are A & A Coatings (U.S.), Flame Spray Coating Company (U.S.), General Magnaplate Corporation (U.S.), Praxair Surface Technologies, Inc. (U.S.), Oerlikon Metco (Switzerland), Plasma-Tec, Inc. (U.S.), Surface Technology (U.K.), H.C. Starck GmbH (Germany), and ASB Industries, Inc. (U.S.), among others.

Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=181347083

Thermal spray coatings are widely used in various industries, such as aerospace, automotive, healthcare, energy & power, electronics, agricultural machinery, and others, owing to excellent properties offered by them, which include improved surface protection, resistance to corrosion and abrasion, protection against scuff, and heat insulation, among  others.

Some of the important strategies adopted by key companies to scale up their activities in the thermal spray coatings market are expansions, partnerships & joint ventures, acquisitions, and new product launches. These key companies are also investing in R&D activities to strengthen their product portfolios and enhance their position in the thermal spray coatings market.

Founded in 1907 and based in the U.S., Praxair Surface Technologies, Inc. is a manufacturer and supplier of surface-enhancing materials and processes. The company provides components, materials & equipment, and coating services to diverse industries, which include aviation, metal production, automotive & transportation, glass, bakeware, oil & gas, chemicals & pharmaceuticals, paper, plastics, and food & beverages. The company has adopted various strategies, such as joint ventures and new product launches to enhance its surface technology business. For instance, in October 2016, Praxair Surface Technologies, Inc. (U.S.) entered into a joint venture with GE Aviation (U.S.) to form PG Technologies, LLC. This joint venture aims at enabling PG Technologies to offer support for specialized coatings of GE Aviation. The company offers various products and services for surface protection, which include cold sprays, detonation gun & super D-gun, flame sprays, high-velocity oxy-fuel (HVOF), plasma sprays, wire arc sprays, carbide powders, ceramic powders, MCrALY, and pure metals and alloys.

Another leading player in the thermal spray coatings market is Oerlikon Metco, which was founded in 1994 and is headquartered in Switzerland. It is a leading provider of surface solutions and serves diverse industries through its surface enhancement technologies and advanced coatings. The company offers various core technologies and products, such as Metco, Amdry, and Durabrade. The company focuses on strengthening its customer base and increasing its market shares through partnerships, acquisitions, and new product launches. For instance, in May 2016, Oerlikon Metco launched UniCoatPro, a new thermal spray system platform for its customers to obtain a better understanding of coating consistency so as to enhance quality control for thermal spray applications.

Thermal Spray Coatings Market Industry New Revenue Pockets -

Thermal spray coatings are widely used for various engineered components, owing to the excellent property of surface protection offered by them. The thermal spray coatings market is projected to reach USD 11.44 billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The growth of this market is mainly attributed to the increasing demand for thermal spray coatings from various industries, such as aerospace, automotive, healthcare, energy & power, electronics, and agriculture, among others. The increased use of thermal spray coatings in varied industries is due to a number of properties offered by them, which include high resistance to corrosion, abrasion, and wearing.

On the basis of end-use industries, the thermal spray coatings market has been classified into aerospace, automotive, healthcare, energy & power, electronics, agricultural machinery, and others. Among end-use industries, the healthcare segment of the thermal spray coatings market is projected to grow at the highest CAGR during the forecast period. The growth of the healthcare segment of the market is mainly attributed to the significant use of thermal spray coatings in various applications, which include orthopedic implants, medical instruments, and apparatuses, among others.

On the basis of process, the thermal spray coatings market has been classified into combustion flame process and electrical energy. The combustion flame segment of the thermal spray coatings market is projected to grow at the highest CAGR between 2016 and 2021. Combustion flame spraying process is highly suitable for coating large areas.

 On the basis of material, the thermal spray coatings market has been segmented into ceramic, metals & alloys, and others. The ceramic material segment of the thermal spray coatings market is projected to grow at the highest CAGR during the forecast period. The growth of the ceramic segment of the market is attributed to the excellent adhesion property offered by the ceramic materials. The major substrates of ceramic powder material used in thermal spray coatings are alumina, zirconia, and yttria.

The Asia-Pacific thermal spray coatings market is projected to grow at the highest CAGR between 2016 and 2021. The thermal spray coatings market in the Asia-Pacific region has been studied for countries such as China, Japan, India, South Korea, and Vietnam, among others. The market in this region is witnessing increased use of thermal spray coatings in the automotive, energy & power, healthcare, and agriculture sectors. The increasing investments in the automotive industry of the Asia-Pacific region have led to increased demand for vehicles, thereby leading towards increased use of thermal spray coatings in automobiles. This, in turn, is expected to fuel the growth of the Asia-Pacific thermal spray coatings market during the forecast period. 

The thermal spray coatings market is highly fragmented and competitive with the presence of a large number of prominent players. Key manufacturers of thermal spray coatings are mainly located in the North American and European regions. The U.S. is the largest market for thermal spray coatings in the North American region. Increased demand for advanced machinery, high growth of the aerospace industry, and increased demand for vehicles in the North American region are some of the major drivers for the growth of the North America thermal spray coatings market.

A & A Coatings (U.S.), Flame Spray Coating Company (U.S.), General Magnaplate Corporation (U.S.), Praxair Surface Technologies, Inc. (U.S.), Oerlikon Metco (Switzerland), Plasma-Tec, Inc. (U.S.), Surface Technology (U.K.), H.C. Starck GmbH (Germany), and ASB Industries, Inc. (U.S.), among others are the key players operating in the thermal spray coatings market.

Thermoset Composites Market Leaders & Key Revenue Pockets

Expansions, partnerships, and joint ventures are key development strategies adopted by leading players to enhance their presence in the thermoset composites market

A composite is a mechanically separable combination of two or more components materials, different at molecular level and mixed to obtain a new material with optimal properties that are different from the properties of base materials. Thermoset composites are formed by the combination of thermoset matrix and reinforcements (fiber). These composites are used in various industries for manufacturing aircraft & spacecraft parts, bicycle frames, golf shafts, badminton rackets, automobile springs, sailboat mats, and automotive structural parts, among others. The thermoset composites market is projected to reach USD 57.98 billion by 2021, at a CAGR of 6.67% from 2016 to 2021.

Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=140513317

Key companies offering thermoset composites products have adopted strategies such as expansions; agreements, partnerships, and joint ventures; mergers & acquisitions; and new product launches to strengthen their positions in the thermoset composites market. The strategy of expansions was the key strategy adopted by companies; the expansions strategy accounted for 32.00% share of all growth strategies adopted by major companies between 2012 and 2016. This strategy helped companies expand their geographic presence and cater to the increasing demand for thermoset composites from various end-use industries. Companies also adopted the strategy of agreements, partnerships, and joint ventures to expand their product reach and take advantage of their core competencies to compete in this market. This strategy accounted for 26.00% share of all growth strategies adopted by leading players.

Major manufacturers profiled in this report include Toray Industries, Inc. (Japan), Owens Corning (U.S.), Jushi Group (China), Hexcel Corporation (U.S.), SGL Group (Germany), Teijin Ltd. (Japan), Mitsubishi Rayon Co., Ltd. (Japan), and CPIC (China). These companies have adopted various organic and inorganic growth strategies, such as expansions, partnerships, and joint ventures to expand their global presence and increase their penetration into the thermoset composites market.

Toray Industries, Inc. (Japan) is one of the largest manufacturers of carbon fiber. The company has adopted varied growth strategies, such as mergers & acquisitions, investments & expansions, and new product launches to expand its market share. The company focuses on the high-value aircraft market for increasing its revenue. In June, 2016, the company signed an agreement with Airbus (Germany) to supply carbon fibers and TORAYCA prepreg. This development strategy helped the company expand its business in the aviation sector.

Owens Corning (U.S.) is the largest contributor to the growth of the thermoset composites market. The company serves various industries that include aerospace & defense, wind energy, automotive, electronics, and infrastructure. As a part of its growth strategy, the company has acquired the building and wind business unit of Ahlstrom (Finland) for USD 80.75 million in January, 2016.

The increasing demand for lightweight and robust materials in the wind energy and transportation end-use industries is anticipated to fuel the growth of the thermoset composites market

The thermoset composites market is projected to reach USD 57.98 billion by 2021, at a CAGR of 6.67% from 2016 to 2021, in terms of value. Growth of this market is mainly attributed to the fact that thermoset composites help increase the strength and stiffness of structural parts. In addition, the increasing adoption of thermoset composites in varied end-use industries such as automotive and aerospace & defense, among others, has contributed to the growth of this market. North America leads the thermoset composites market in the aerospace & defense end-use industry.

Asia-Pacific is projected to be the fastest-growing region in the thermoset composites market, in terms of value, during the forecast period. Over the past few years, there has been a considerable increase in the use of thermoset resin-based composites to develop structural parts of aircraft and automotive parts, owing to the excellent combination of strength, toughness, and lightweight properties of thermoset composites, with low wear & tear rates. Furthermore, leading players in the thermoset composites market are focused on the adoption of varied growth strategies such as expansions, agreements, partnerships, and joint ventures to strengthen their presence in the thermoset composites market. Asia-Pacific is the largest consumer of thermoset composites, owing to the increase in the number of wind turbine installations in this region and the use of thermoset composites in the transportation industry.

The use of thermoset composites is projected to grow in varied end-use industries due to its exceptional properties, such as high stiffness, high tensile strength, high chemical resistance, lightweight, and radiolucency. Based on end-use industry, the transportation segment of the thermoset composites market is projected to grow at the highest CAGR during the forecast period. Thermoset composites are strong and lightweight, which reduces the overall weight of vehicles and increases fuel efficiency.

Key players such as Owens Corning (U.S.), Toray Industries Inc. (Japan), Jushi Group (China), Hexcel Corporation (U.S.), SGL Group (Germany), Teijin Ltd. (Japan), DowAska (Turkey), and Mitsubishi Rayon Co., Ltd. (Japan) have adopted expansions, partnerships, joint ventures, and agreements to enhance their growth prospects in the thermoset composites market.

Activated Carbon Market Leaders & New Revenue Pockets & Research Insight

Expansions, acquisitions, agreements, new product launches/developments, partnerships & agreements strategies adopted by the leading market players to drive the demand in the global activated carbon market

The key companies manufacturing activated carbon were mainly involved in the expansions strategy to strengthen their positions in the market from 2011 to 2016, accounting for a 37.0% share of the total strategic developments in the activated carbon market.  

Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=362

The prominent expansion in global activated carbon market is the commissioning of a new production facility in Philippines by Osaka Gas Co. Ltd (Japan) for the production of granulated activated carbon in September 2015. With this strategy, the company enhanced its foothold in the ASEAN countries in order to capitalize on the high growth opportunities in the activated carbon end-use industries.

Acquisitions accounted for a share of 27% of all the growth strategies adopted by players in the activated carbon market between 2011 and 2016. Companies have adopted this strategy to strengthen their positions in the activated carbon market. The major acquisition in the activated carbon market was the acquisition of the Sweden based activated carbon producer, Jacobi Carbons AB, by Osaka Gas Co. Ltd (Japan).   With this acquisition, Osaka Gas Co. Ltd (Sweden) became the third largest market share holder in the global activated carbon market.

Major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S), are profiled in this report.  These companies have adopted various organic and inorganic growth strategies such as, new product launches/developments, agreements & joint ventures, expansions, and mergers & acquisitions.
Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), and Haycarb PLC (Sri Lanka) are the most important players in the global activated carbon market. These companies witnessed the highest strategy adoptions in the global activated carbon market, accounting for more than 39.7% of the overall strategic adoptions from 2011 to 2016.

Calgon Carbon Corporation (U.S) is the key leader and contributor to the growth of the global activated carbon market. It accounted for a 15.0% share of the total activated carbon market in 2015.
The company grew extensively during the last few years. In November 2016, the Calgon Carbon Corporation acquired the activated carbon and filter aid business of CECA which is a subsidiary of the Arkema Group (France). With this acquisition, the company established a strong foothold in the activated carbon market in Europe. In September 2015, the company commenced a new granulated activated carbon production facility in Zamboanga, Philippines, having a production capacity of 20 KT. This acquisition enabled the company to cater to demand from the end-use industries of activated carbon.

Osaka Gas Co. Ltd is another major activated carbon producer that has established a strong foothold in the global activated carbon market.

The company has a broad and diversified activated carbon portfolio, ensuring its consistent growth in the market. The company is focused on both, organic and inorganic growth strategies. It has enhanced its product portfolio with various growth strategies such as expansions, mergers & acquisitions.
The company acquired Jacobi Carbons AB (Sweden) in 2013. With this acquisition, the company become a prominent producer of activated carbon, holding a 13.0% share in the global activated carbon market.

Stringent government regulations for emission control, mercury control from power plants, high demand for clean drinking water, and industrial growth in Asia-Pacific, especially ASEAN countries, propel the growth of the activated carbon market globally.

Activated carbon, also known as activated charcoal and activated coal, is a form of carbon that removes organic compounds from liquids and gases by a process known as “adsorption.” Activated carbon is extremely porous and thus has a very large surface area available for adsorption. It is used in a wide range of applications in gas, vapor, and liquid treatments. Activated carbon is an effective method for removing chlorine and its by-products (total trihalomethanes - TTHM's), and volatile organic compounds (carbon-based VOC's). It is used for medicinal purposes; in gas masks to filter out chlorine gas, as well as in water treatment to remove organic compounds that impart color, taste, and odor to the water.

The global activated carbon market is projected to grow at a CAGR of 9.4% during the forecast period 2016 to 2021, in terms of value to reach USD 8.12 billion by 2021.

The Asia-Pacific region is projected to grow at a high rate, in terms of value and volume, during the forecast period. China is the fastest-growing country in the Asia-Pacific region activated carbon market, accounting for a high share of the demand. It is projected to be a high growth potential market in the global activated carbon market owing to the high demand for activated carbon in industrial applications such as, chemical, petrochemical, automobile, and foods & beverages industries for gaseous phase, as well as liquid phase applications.

Powdered activated carbon is the fastest-growing type in the global activated carbon market. The demand for powdered activated carbon is growing due to its use in industrial applications such as, pharmaceutical, and foods & beverages industries for decolorization and deodorization applications.
Liquid phase is the largest application segment in the global activated carbon market. The water treatment subsegment of the liquid phase application is expected to account for a high share of the segment. Stringent government regulations across the globe in the treatment of industrial as well as municipal water is expected to drive the segment during the forecast period.

The major players in the global activated carbon market undertook various development strategies during the past five years. New product launches/developments, agreements, expansions, joint ventures, and mergers & acquisitions are some of the key strategies undertaken by major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S). These strategies have helped enhance production and increase market shares of the aforementioned key players in the global activated carbon market.