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.

Silicone Gel Market Leaders & New Revenue Pockets

New product launches and expansions are the key strategies adopted by the leading market players

Companies have adopted both organic and inorganic growth strategies such as expansions, mergers, and new product launches to strengthen their positions in the global silicone gel market. New product launches and expansions are the key strategies adopted by the industry players to strengthen their position in the global silicone gel market. These strategies together accounted for 77.8% of all growth strategies adopted by market players between 2013 and 2016. Companies adopted the new product launch strategy, which accounted for 38.9% share of all market developments, to increase their product portfolio. The mergers and investments & partnership strategies together accounted for 22.2% of all the growth strategies in the market.

Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=256896802

The Asia-Pacific and South American regions were the most active, in terms of strategic initiatives undertaken between 2013 and 2016. Expansion was the most favored strategy in the Asia-Pacific region between 2013 and 2016. Most of the companies have established distribution networks and R&D centers in this emerging market.

The global silicone gel market involves big industry players. Dow Corning Corporation (U.S.) is the leading player in the global silicone gel market and accounted for 24.1% market share in 2015. Dow Corning Corporation (U.S.) is a wholly-owned subsidiary of The Dow Chemical Company. It offers silicone-based products to industries including personal care, agriculture, electrical & electronics, automotive, textile & leathers, transportation, paints & coating, and others.

Shin-Etsu Chemical Co. Ltd. (Japan) has gained a strong foothold in the global silicone gel market. It is focusing on organic growth and has expanded its silicone business by establishing its plant and a technical center in Japan in October 2016 and enhanced its presence and operations in the silicone gel market.

Wacker Chemie AG (Germany) captured the third-largest share in the silicone gel market through various growth strategies, such as expansions and new product launches, to meet the growing demand from customers. Wacker launched BELSIL EG 5, a silicone elastomer gel and SILPURAN 2117, which is a high tack silicone adhesive gel developed for medical applications. Wacker has a good hold in the silicone gel market and is thriving to become the number one in the same. The company has expanded its silicone production capacity in South America to cater the regional demand for silicone-based products.

Increasing demand of silicone gel in new applications and high growth of electrical & electronics industry is fueling the growth of the silicone gel market

The global silicone gel market is projected to register a CAGR of 6.9% in terms of value, from 2016 to 2026. It is expected to reach USD 1.96 billion by 2026. The silicone gel market is growing due to the increasing demand of silicone gel in various end-use industries for new applications and the high growth of electrical & electronics industry which will propel the demand for silicone gel in the near future. Fluctuation in the raw material price is a major challenge for the global silicone gel market.

In most of the countries across the globe, silicone gel market is regulated for breast implant application. In 2013, FDA approved two silicone gel filled breast implant manufacturers to use more cohesive silicone gel as compared to their previously approved in 2006. These are approved on the fulfillment of the condition that the manufacturers conduct a series of post-approval studies for safety and effectiveness.

In 2015, the electrical & electronics industry dominated the silicone gel market and is expected to grow at the highest CAGR both in terms of volume and value. This growth is primarily attributed to the increasing demand of silicone gel in various applications of protective coating, encapsulation, and potting agent for sub-industries such as automotive electronics, LED lighting, high voltage (HV) insulation, and photovoltaic sectors. In addition, silicone gel increases heat resistance and reliability in the smaller electronics component and ensures profitability for the manufacturers. Medical & pharmaceuticals is the second-largest end-use industry where silicone gel is widely used in the implants and scar treatment applications. In recent years, consumption of silicone gel in the cosmetics & personal care and other industries that include agriculture, footwear, aerospace, and defense has increased at a significant rate.

Globally, APAC is the largest market with respect to demand as well as product innovation in terms of quality and application development. The market for silicone gel is expected to grow in APAC as the well-established and most potential end-use industries of silicone gel are driving the demand in this region. Increasing demand for silicone gel in the electrical & electronics and medical & pharmaceuticals end-use industries in China, Japan, and South Korea is driving the silicone gel market in Asia-Pacific. China dominated the silicone gel market in APAC due to the high volume requirement of silicone gel in all end-use industries and its low cost and abundant availability in the country. In addition, factors such as high demand from end-use industries, competitive manufacturing costs, and high economic growth rate are driving the silicone gel market in the region.

There are several companies involved in silicone gel manufacturing such as Dow Corning Corporation (U.S.), Shin-Etsu Chemical Co. Ltd. (Japan), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), and Bluestar Silicones (France). Expansions and new product launches are the major strategies that helped the companies to enhance their regional reach and their product portfolio of silicone gel. Mergers, investments & partnerships, and R&D also contributed toward the growth of the market players between 2013 and 2016.