News Archive for Reports, Shipbuilding News

Automotive Collision Repair Market size worth $211bn by 2022: Global Market Insights Inc.

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Global Automotive Collision Repair Market size is expected to reach USD 211.17 billion by 2022; according to a new research report by Global Market Insights, Inc.

Automakers are using more aluminum and carbon-based products because of stringent government-mandated mileage goals. Regulations in developed regions include ban on potentially hazardous paints and coatings. For instance, the new National Emission Standards for Hazardous Air Pollutants (NESHAP) 6H rule by the EPA is expected to impact auto body shops using paint that containing Hazardous Air Pollutants (HAPs), found in most automobile paints, clear coats and primers. U.S. automotive collision repair market size is forecast to exceed USD 42 billion by 2022.
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Governments and transport authorities across different countries have it made it mandatory for automobile buyers to buy insurance coverage in case of any damage to the insured vehicle and the driver. Insurance companies try to control repair costs by encouraging car owners/policyholders to use nominated body shops with which they have agreements, including discounted labor costs, paint and parts prices.

Growing transportation of passenger and goods has resulted in considerable commercial and public transport vehicle demand. These have higher insurance requirements, which is forecast to propel automotive collision repair market size.

Browse key industry insights spread across 137 pages with 45 market data tables & 48 figures & charts from the report, “Automotive Collision Repair Market Size By Vehicle Type (Heavy-duty, Light-duty), By Product (Consumables, Paints & Coatings), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/automotive-collision-repair-market

 
Key insights from the report include:

  • Paints and consumables are expected to continue witnessing steady demand over the forecast timeframe, with collected revenue forecast to exceed USD 72 billion by 2022.
  • Light duty automotive collision repair market share is set to grow at 2.8% CAGR due to robust personal car sales.
  • Asia Pacific is perceived as a source of automobile components as local companies and multinationals are jockeying to supply low cost components to prominent vehicle manufacturers. Owing to lack of stringent driving rules in most parts of the region, vehicular damage due to collisions have witnessed an upsurge, thereby contributing to automotive collision repair market size.
  • Major industry participants comprise 3M, Continental, Valeo, ZF Friedrichshafen, etc. Valeo’s product line caters to the needs of body repair professionals for repairing damages caused due to collisions. Typical parts include condensers, cooling fan units, locks, optical units, and radiators. Key players offer technical systems expertise and strong quality products to their customers throughout the vehicles’ service life.
  • Companies look towards ensuring brand value, strategic tie-ups, and product availability for ensuring strong automotive collision repair market share. The industry has witnessed introduction of a range of water-based paints due to their ease of use and wide range of application.
  • Repair centers provide services such as damage repairs, parts replacements and painting and refinishing to light and heavy vehicle owners in accordance with the terms of the insurers.

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

Marine lubricants market size to exceed $13 bn by 2023: Global Market Insights Inc.

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Marine lubricants market size was estimated at 2.6 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Increase in seaborne trade coupled with shipbuilding industry development should benefit marine lubricants market growth. According to International Chamber of Shipping (ICS), approximately 90% of the global trade was carried out by the international shipping industry.

Global marine lubricants market size looks poised for USD 13.1 billion revenue by 2023. Government initiatives such as the creation of Transatlantic Free Trade Area, Transatlantic Trade and Investment Partnership as well as other existing initiative such as Asia Pacific Trade agreements may favor marine lubricants demand.

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Engine oil application was dominant and accounted for over 44% of the overall demand in 2015. Increasing ship engine capacity and efficiency has led to growth in engine oils demand.

Marine engine oils classification includes TPEO (trunk piston engine oils) and MDCL (marine diesel cylinder lubricants). TPEOs are majorly employed in four stroke engine lubrication of costal and cruise ships, while MDCLs are employed in two stroke engines for large cargo or container ships.

Key issues, recyclability, aqueous toxicity and biodegradability, may challenge marine lubricant market share. Most additives used in product formulation are petrochemical derived; they can pose serious threat to water pollution.

Browse key industry insights spread across 77  pages with 54 market data tables & 14  figures from the report, “ Marine Lubricants Market Size By Product (Bio-Based, Synthetic, Mineral Oil), By Application (Grease, Hydraulic Oil, Engine Oil), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/marine-lubricants-market
Key insights from the report include:

  • Global marine lubricant market size is forecast to attain gains at 3.7% CAGR and register 3.47 million tons by 2023.
  • Mineral lubes market size was dominant by accounting over 86% the overall demand in 2015. Key supporting factors, low cost and easy availability of mineral oils, will most likely benefit this segment.
  • Europe marine lubricants market size, with Germany and UK as major contributors, dominated the overall consumption with over 1.07 million tons in 2015. Synthetic lube in Europe is forecast to attain highest gains at over 6.4% in revenue terms and register more than USD 500 million by 2023.
  • Asia Pacific, led by China, Japan and South Korea, is estimated to witness highest gains at over 3.9% CAGR up to 2023. Hydraulic oil application in Asia Pacific may grow significantly and register over USD 970 million by 2023.
  • North America, dominated by the U.S. shipping industry, may experience moderate gains and register over USD 1.65 billion by 2023. U.S. marine lubricants market size is forecast to reach over 340 kilo tons by 2023 with expected gains at above 3.2% CAGR.
  • Global marine lubricants market share is competitive and moderately consolidated. Notable industry participants include Chevron, ExxonMobil, BP Marine, Royal Dutch Shell and Total. Major industry participants are partnering with biotechnology companies to gain competitive advance.
  • Other prominent companies include LUKOIL, Sinopec, Quepet and Gulf Oil Corporation. Industry has witnessed joint ventures and mergers & acquisitions as key growth strategy.

 

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Global Market Insights has segmented the marine lubricant industry on the basis of application and region:
Marine Lubricants Market Product Analysis (Volume, Kilo Tons and Revenue, USD Million, 2012 – 2023)

  • Bio based
  • Synthetic based
  • Mineral based

Marine Lubricants Market Application Analysis (Volume, Kilo Tons and Revenue, USD Million, 2012 – 2023)

  • Grease
  • Hydraulic oil
  • Engine oil
  • Others

Marine Lubricants Market Regional Analysis (Volume, Kilo Tons and Revenue, USD Million, 2012 – 2023)           

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

 

RUD PowerPoint Star Turns, Swivels & Rotates Loads Safely

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RUD Chains Ltd is a leading manufacturer of lifting and lashing applications that guarantee ultimate safety when lifting and moving heavy loads. Offering more than 500 different tested and certified lifting/lashing points for bolting and welding, RUD have a wide product range to suit a variety of project requirements.

The demand for loads to be turned, swiveled and rotated safely during the handling process of a project has certainly increased over the years. Loads can easily be damaged and lifting systems can be considerably overloaded. Mould and die manufacturers are prime examples of this, when moulds or dies must be flipped the lifting points they use need to swivel and pivot at the same time.

RUD know how important it is to offer an ultimate safety factor through their lifting points which they have done through their PowerPoint Star.The PowerPoint Star is an extremely robust lifting point which has the ability to pivot 230° and rotate 360° which allows the lifting and turning of goods to run smoothly, as well as reducing costs to damaged tools.

The PowerPoint Star offers a unique double ball bearing system which provides a smooth and efficient swivel action when turning loads and is operational to temperatures as low as -40 degrees.

The forged safety latch protects against lateral bending, as well as the thickened tip of the hook which prevents handling malpractices and resists bending. These features therefore provide an exceptional safety factor, a paramount feature when lifting and moving heavy goods.

The PowerPoint Star is extremely popular due to its “Clevis Fitting” which allows 3 types of connections into the clevis; chain, hooks or most commonly used a master ring. It therefore provides 3 alternatives from one component.

RUD provide standard and tailored solutions to meet even the most demanding environments, helping to deliver applications that are catered to specific requirements, project aims and environments.

For more information please call 01227 276 611 Email: Katie.crane@rud.co.uk or visit www.rud.co.uk

Powerpoint star 3

 

 

Kitchen appliances market size is forecast to hit USD 250.38 billion by 2023: Global Market Insights, Inc.

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Kitchen appliances market size is forecast to hit USD 250.38 billion by 2023; according to the latest research report by Global Market Insights, Inc.

Escalating induction technology in the wake of rising fuel prices is expected to propel global kitchen appliances market growth over the forecast period. Rising purchasing power of consumers across the globe has driven adoption of luxurious goods, thus favorably impacting industry demand.

Manufacturers focus more on development of smart as well as autonomous devices by the integration of sensors and intelligent electronic controls. With rising awareness regarding energy consumption, these devices are expected to observe significant gains. Introduction of smart grid connected dishwashers and refrigerators enable consumers to manage electricity consumption patterns.

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Growing number of single working professionals/students along with high kitchen appliances market price trend may pose a growth challenge. A large part of new households now comprise singles which are being targeted by the growing food as well as catering industry, thus negatively impacting the industry.

To access sample pages or view this report titled, “Kitchen Appliances Market Size By Application (Residential, Commercial), By Product (Cooking Appliances, Refrigerator, Dishwasher), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2012 – 2023” in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/industry-analysis/kitchen-appliances-market
Key insights from the report include:

  • Refrigerator market size is forecast to be valued at over USD 109 billion by 2023 and is projected to grow at 4.7% CAGR from 2016 to 2023. This can be primarily attributed to eco-friendliness as well as energy efficiency, which helps replace the existing conventional products with capabilities for savings on utility bills.
  • Dishwasher market is projected to grow at 3.4% CAGR over the forecast timeframe. It is expected to gain substantial share owing to rise in labor cost.
  • Gas appliances are energy efficient and take less time for food preparation. Coffee makers, mixers, grinders, and food processors are commonly used electric kitchen appliances. Need to ensure awareness has led to governments and individuals installing solar energy equipped devices in schools and hospitals.
  • Commercial sector accounted for over 35% of the global revenue in 2015, and is set to exhibit growth owing to escalating demand of fast-food restaurants.
  • Asia Pacific, with consumption dominated by China and India kitchen appliances market size, is estimated to be valued at USD over 75 billion by 2023. This can be attributed to rising middle class population and disposable income in the region.
  • Key players are focusing on strengthening their product portfolio by new product development in order to gain competitive advantage. Prominent companies dominating kitchen appliances market share include LG Corp., Whirlpool Corp., Haier Group, and Samsung electronics.
  • Companies also work towards maintaining balance between product quality and price in order to cater to the increasing smart appliances demand among the working population base. Consumer trends such as upgrading existing equipment due to health concerns have spurred product innovation initiatives.

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

Earthmoving equipment market size worth USD 192.45 billion by 2023: Global Market Insights, Inc.

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Earthmoving equipment market size is forecast to hit USD 192.45 billion revenue by 2023; as per a new research report by Global Market Insights, Inc.

Real time monitoring and detection of machinery failure is predicted to drive global earthmoving equipment market size in the coming years. Since they emit harmful gases, equipment must comply with fuel emission standards implemented by regulatory authorities.

Private investment across the real estate sector along with the adoption of lease-based or rental machinery due to high degree of convenience are forecast to provide a fillip to global revenue. Increasing investment for improvement of infrastructure facilities in across regional industries will favorably impact earthmoving equipment market growth.

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Quick-change attachment couplers, cab designs, and joystick controls have increased the feasibility for operation, while simultaneously reducing operator fatigue. The introduction of multifunctional products that can cater to numerous tasks has spurred adoption, due to higher cost savings.

Unpredictable raw material costs may negatively impact earthmoving equipment market price trend. High operating expenditure and need for skilled personnel are also among major growth restraints.

To access sample pages or view this report in detail along with the table of contents, please click on the link below:https://www.gminsights.com/industry-analysis/earthmoving-equipment-market
Key insights from the report include:

  • Industry participants prioritize low cost product development over energy efficiency in price sensitive regions such as the Asia Pacific earthmoving equipment market. China is the biggest contributor to the region, with revenue forecast to exceed USD 40 billion by 2023. U.S. earthmoving machinery market size will grow at 7.3% CAGR estimations from 2016 to 2023.
  • Global loaders market size surpassed USD 50 billion in 2015, with the excavators industry predicted to grow at 9% CAGR over the forecast timeframe.
  • Backhoe loaders are versatile and compact in nature, and therefore find applicability in a variety of construction projects. Small demolitions, excavation, light transportation for building materials, powering other building equipment, construction, and paving of roads are among the major end-use areas.
  • Construction will continue occupying more than 60% of the earthmoving equipment market share through the next few years, driven by infrastructure development and reconstruction activities. Funded national infrastructure development projects such as Colombia’s National Development Plan and Mexico’s National Infrastructure program are expected to boost demand in the sector.
  • The construction segment comprises material handling machinery such as trailers, cranes, crawlers; road construction includes concrete mixers, construction pumps, etc.
  • Industry participants possess considerable growth potential on account of government-aided projects. Retaining the customer base is heavily dependent on competitive pricing, product range, and technical support.
  • Major players include Caterpillar, Volvo, Komatsu, Liebherr, Hitachi, John Deere, Terex, Doosan, etc.
  • In 2015, Hitachi Construction Machinery acquired KCM in order to expand its construction equipment business. Companies have also been expanding their product offering in order to sustain and expand in the industry. In the same year, Komatsu entered into an agreement with Mitsui & Co. for restructuring a distributorship in Mexico.

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

LNG bunkering market: IMO regulations and government efforts to encourage usage of LNG as a bunker fuel across shipping industry

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An increasing number of ships and vessels are using liquefied natural gas or LNG as a clean fuel to comply with the regulations laid by the International Maritime Organization (IMO) across emission control areas. LNG as a ship fuel reduces the emission of sulphur dioxide by 90-95% compared to the conventional petroleum fuels. This factor has propelled the growth of the global LNG bunkering market. The market stood at 70 kilo tons in 2013 and is anticipated to expand phenomenally at a CAGR of 63.6% during the period between 2014 and 2025. The overall market is projected to reach 22,540 kilo tons by 2025.

What are the key factors hindering the expansion of the global LNG Bunkering Market?

The lack of LNG fuelling infrastructure across the major bunkering destinations is one of the primary factors impeding the growth of the LNG bunkering market worldwide. The high cost of building LNG fuel ships has slowed down their adoption among the shipping companies. Furthermore, the storage of LNG at low temperature of about -162 degree Celsius poses as a key challenge to its usage as a marine fuel. The necessary additional safety measures for the storage of LNG increases the cost of production and designing of LNG-fuelled vessels. As a result, a number of shipping companies are resorting to alternative approaches to meet the IMO regulations.

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How is the LNG bunkering market across Asia Pacific evolving?

In Asia Pacific, South Korea and China are among the key countries that are investing significantly on LNG as a bunker fuel. Countries such as Singapore are fast adopting LNG as a sustainable alternative source of fuel in the maritime industry. The Maritime and Port Authority of Singapore has recently announced the extension of the Green Ship Programme (GSP) incentives to ships that are using LNG as fuel. The Singapore government is taking efforts to cut down the emission of sulphur and carbon dioxide. The GSP has been started to encourage the domestic maritime industry to contribute towards the conservation of environment.

Under this programme, Singapore-flagged ships are entitled to reduction in initial registration fees and tax rebate on annual tonnage. With this effort, over 50% of the ships qualified for the programme have exceeded the present Energy Efficiency Design Index set up by the IMO.

On the other hand, the Indian government is trying to reduce carbon emissions without extra operating costs. The Ministry of Shipping has announced that Petronet LNG Ltd. will be working with the Inland Waterways Authority of India to develop the operation of LNG barges on the river Ganga by December 2018. All these recent developments are expected to immensely support the adoption of LNG as a bunker fuel in Asia Pacific.

Market Research Report with Full TOC athttp://www.transparencymarketresearch.com/lng-bunker-fuel-market.html

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Synthetic paper market size to exceed USD 405 million by 2023: Global Market Insights Inc.

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Synthetic paper market size was estimated at 130.8 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Stringent environment protection regulations for sustainability will drive global synthetic paper market size as an alternative to wood pulp.

Packaging & labeling industry expansion and the need to have sustainable and environment friendly paper solution will play an important role in instigating demand. Biaxially Oriented Polypropylene (BOPP) synthetic paper market segment was the largest, with consumption of over 77 kilo tons in 2015. Easy coating, laminating, and printing process coupled with cost benefits were key influencing factors.

Global non-label synthetic paper market share is projected to exceed 127 kilo tons up to 2023. Non label applications were the most preferable owing to longer life span and are majorly used in making banners, maps, and graphics.

Browse key industry insights spread across 80  pages with 49 market data tables & 14 figures from the report, “Synthetic Paper Market Size By Product (Biaxially Oriented Polypropylene [BOPP], High Density Polyethylene [HDPE]), By Application (Label, Non-label), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/synthetic-paper-market

Europe high density polyethylene (HDPE) synthetic paper industry was close to USD 26 million in 2015 and is predicted to grow at rapid pace with over 6.3% CAGR up to 2023.

Low crude oil prices over the last two years have resulted in correction of synthetic paper market price. This trend may witness a slight upswing in industry costing from 2017 with expected recovery in crude oil prices. Being key feedstock, HDPE and polypropylene (PP) costs play a significant role in deciding industry profitability.

Synthetic paper market share is highly consolidated with key MNCs holding large market share and catering to over 75% of the total demand. Yopu Corporation, PPG Industries, Arjobex, and DuPont were among the leading MNCs. Joint Venture and product portfolio expansion are among the key growth strategies.

Other industry participants include Hop Industries, American Profol, Taghleef Industries, Neenah Paper, and Nan Ya Plastics.

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Key insights from the report include:

  • Global synthetic paper market size is projected to register 209.7 kilo tons by 2023, with an estimated gains at 6.1%.
  • Label market growth is estimated to be the highest, with gains at 6.3% up to 2023 and predicted to exceed 80 kilo tons. Important uses include stack & shrink labels, pressure sensitive, in-mold and wraparound labels.
  • HDPE product revenue exceeded USD 87 million in 2015 with 7% CAGR forecast up to 2023.
  • APAC, led by China synthetic paper market size, was the dominant regional industry and accounted for more than 37% of the total demand in 2015. BOPP demand was the highest in APAC and registered close to USD 55 million in 2015.
  • Low manufacturing cost in India and China may attract new investment in the region.
  • North America, influenced by U.S. industry growth and regulatory compliance, registered over USD 55 million in 2015 North America label market is predicted to witness significant growth at 7.0% in revenue terms up to 2023 due to strong application scope in pharmaceutical and food & beverages packaging.

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

 

Corrosion inhibitors market size to exceed USD 8.8 billion by 2023: Global Market Insights Inc.

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Global corrosion inhibitors market size was estimated at 5.12 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Growing wastewater treatment chemicals demand for owing to rapid industrialization is expected key trend to drive market growth. Unregulated discharge of industrial and domestic contaminants has increased the need for water treatment.

Corrosion inhibitors market size is forecast to hit USD 8.8 billion in revenue, by 2023. EPA and REACH norms will play significant role in developing water treatment chemicals demand, thereby boosting product demand.

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The Safe Drinking Water Act and its amendments establish the basic framework for protecting the drinking water used by public water systems in the U.S. Organic corrosion inhibitor market generated over USD 4 billion in revenue in 2015.

Power generation industry dominated the demand with overall consumption close to 1.5 million tons in 2015. Rising energy requirements due to rapid industrialization in APAC & LATAM is forecast to drive demand.

Planned and unplanned plant shutdown can result in degradation of pumps, gas turbines and switch gears used in power generation industry, where humidity & condensation can be reasons for the cause.

Browse key industry insights spread across 95  pages with 78 market data tables & 14 figures from the report, “Corrosion Inhibitors Market Size By Application (Water Based, Oil/Solvent Based), By Product (Inorganic, Organic), By End-Use (Metal Processing, Power Generation, Pulp & Paper, Chemical Processing, Oil & Gas), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/corrosion-inhibitors-market

Key raw materials chromium, oxygen atoms, phosphorous, zinc and nitrogen, have associated health hazards and are a matter of concern for inhibitor disposal. Associated environmental hazards through inappropriate disposal along with imbalance in raw material supply could impact cost.

Increasing research focus to develop green corrosion inhibitors from natural sources like potato, onion, seeds and gelatin is underway, which may present growth opportunity for industry participants.
Key insights from the report include:

  • Global corrosion inhibitors market size is predicted to grow at 4.7% CAGR and reach 7.39 million tons by 2023.
  • Water based corrosion inhibitors market size was dominant and accounted for over 77% of the total 2015 demand. Solvent/oil based applications may witness sluggish growth rates with 4% CAGR from 2016 to 2023.
  • APAC, led by India and China corrosion inhibitors market size, was dominant regional industry and accounted for close to 38% of the total volume in 2015. FDI policies by governments of India and China are encouraging investors to set up metal and chemical processing plants in the region, which may boost demand.
  • APAC oil & gas industry may consume approximately 700 kilo tons by 2023, with expected significant gains at 6.4% up to 2023.
  • Europe metal processing industry based on the product demand was valued close to USD 180 million in 2015 and is forecast to grow at significant rate up to 2023.
  • Global corrosion inhibitors market share is fragmented, with GE, Ecolab, BASF and Ashland catering to below 50% of the total demand in 2015.
  • AkzoNobel, Lubrizol, Henkel, Cytec, Champion Technologies, Cortec, Daubert and Dai-Ichi are among notable companies competing in the market.

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web:https://www.gminsights.com

Source: Global Market Insights, Inc.

 

RUD ABA Lifting Point for welding

RUD Logo

Shows damage & wear with the innovative RUD patented wear marking indicator:

RUD Chains Ltd offer over 500 lifting and lashing applications which include both welded and threaded types, covering a working load capacity range of 0.6 to 250 tonne.

Anyone in the industry knows how important safety is when lifting and moving heavy loads. RUD, a market leader for providing safe lifting products has introduced the ABA load ring to its range.

The RUD ABA load ring is forged out of the high strength material CrNiMo, quenched and tempered and surfaced in phosphate for improved material strength and wear resistance. The ABA is loadable in any direction, operational to temperatures as low as -40 degrees and has a safety factor of 4:1.

The ABA provides the ability to check the load ring for damage and wear, via the innovative patented wear marking on both the inside and outside of the body of the load ring. The ABA therefore offers a distinct safety benefit over other load rings.

The patented wear marks allows the user to know if there is more than 10% wear on the item, more than 10% wear on a lifting point means the item must be removed from service. Therefore, offering an ultimate safety factor.

The wear marks serve as a dual function because they also show the angle of the sling or attachment point relative to the ABA.

As one of the world’s largest manufacturers of lifting and lashing applications combined with their extensive range of products and knowledge in the market, RUD are continually innovating and developing their extensive product range to stay at the forefront of their customers’ demands.

For more information call 01227 276 611: email Katie.crane@rud.co.uk or visit us at www.rud.co.uk

ABA!

 

Silicone elastomers market size worth USD 12.8 billion by 2023: Global Market Insights Inc.

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Silicone elastomers market size is forecast to reach USD 12.8 billion by 2023; as per a new research report by Global Market Insights, Inc. Superior mechanical and chemical properties, compared to other elastomers and positive growth outlook across application market is likely to drive silicone elastomers market size to over 1,500 kilo tons by 2023.
Extended lifetime and a wide temperature operating range, low toxicity, low flammability, low smoke density, inertness to chemicals & solvents, oil & fuel resistance, and high productivity are some key attributes assisting industry penetration. Strong R&D focus for application development should create growth opportunities.

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HTV (High Temperature Vulcanize) silicone elastomer market size is forecast to witness 5.2% CAGR growth from 2016 to 2023. Room Temperature Vulcanize (RTV) industry revenue is forecast to exceed USD 1.3billion by 2023.

Silicone elastomers market share holds over 45% of the overall silicone industry. Silicone can be transformed into a number of products including adhesives, coatings, sealants, lubricants oils, and resins. Rise in ageing population and urge to stay personable in the generation are some major factors that are expected to fuel the silicone implant industry.

Browse key industry insights spread across 175  pages with 219 market data tables & 15 figures from the report, “Silicone Elastomers Market Size By Product (HTV, LSR, RTV), By Application (Automotive & Transportation, Electrical & Electronics, Industrial Machinery, Construction, Consumer Goods), Industry Analysis Report, Regional Outlook (U.S., Germany, France, UK, Italy, China, India, Japan, South Korea, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/silicone-elastomers-market

The global industry is fairly concentrated, with over 80% share being dominated by top companies. Dow, Wacker, Momentive and Shin-Etsu dominate the production landscape.

Industry value chain comprises raw material producers, silicone elastomer manufacturers, distributors, and end-use applications.
Key insights from the report include:

  • Global silicone elastomer market size was over USD 7.1 billion in 2015, with 7.6% CAGR expectation from 2016 to 2023.
  • Construction silicone elastomers market share is forecast to exceed USD 5.5 billion by 2023. With infrastructure spending in China, India and South-east Asia expected to rise by 10% every year; APAC will be the most attractive region for these applications.
  • Electronic silicone elastomers market growth should be over 8% CAGR from 2016 to 2023. Healthcare is a relatively unexplored application for industry participants. Technology innovation and demographic trends are likely to offer potential growth throughout the forecast period.
  • APAC was dominated by India and China silicone elastomers market share. Other developing markets such as Middle East & Africa are projected to experience brisk growth in areas such as automotive, construction, healthcare, consumer goods and electrical & electronics.
  • South Korea silicone elastomers industry saw over 76 kilo tons consumption in 2015. Europe and North America are relatively sluggish regions. Smaller regional avenues such as Central & South America are expected to witness strong overall growth.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global automotive HVAC market size forecast to exceed USD 23 billion by 2023: Global Market Insights Inc.

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Automotive HVAC market size forecast pegs USD 23.19 billion revenue by 2023; as per a new research report by Global Market Insights, Inc. The ecosystem comprises component suppliers, system suppliers, and automakers.

HVAC systems have become a standard feature across passenger cars; growing automotive industry is estimated to be a major growth driver. Increase in private vehicle demand and average time spent in cars is anticipated to boost automotive HVAC market size over the forecast period. According to the United States Department of Transportation (DoT), average daily distance traveled on urban highways in January 2015 showed a rise of 4.3% on yearly basis.

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The presence of energy-efficient solutions equipped with technology to maximize vehicle performance will assist automotive HVAC market growth from 2016 to 2023.

Incorrect adjustment of the HVAC controls results in decreased fuel efficiency, which may restrain growth. Low demand across the LCV and HCV segments as compared to passenger cars may limit industry potential.

High initial investment and presence of major players may restrict new entrants. Companies enter into long term service contracts with customers, therefore new entrants may have to face difficulties to win new contracts and partnerships. Automakers may not switch to new participants owing to quality and cost concerns.

Browse key industry insights spread across 95  pages with 52 market data tables & 46 figures from the report, “Automotive HVAC Market Size By Application (Heavy Commercial Vehicles (HCVs), Light Commercial Vehicles (LCVs), Passenger Cars), By Technology (Manual, Automatic), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, India, China, Japan, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automotive-HVAC-market

Localized/spot systems provide energy saving and better customer experience; however, cost may act as a challenge to adoption. Automotive HVAC market share is consolidated in nature; key companies include Denso, Hanon Systems, Mahle Group, and Valeo.

 
Key insights from the report include:

  • EV and HEV manufacturers have adopted small lightweight compressor technology in order to reduce power consumption.
  • Steady consumer demand for high comfort level, increasing functionality in vehicles, as well as efforts to enable product differentiation will be responsible for Asia Pacific automotive HVAC market growth.
  • Manually adjusted systems are expected to lose share to the automatic car HVAC market segment. The industry has witnessed a shift towards these systems, and product development includes fully automatic dual zone solutions for front and rear passengers as well.
  • Downsizing the system is an area of considerable R&D among major industry players of. Lower fuel consumption and increase level of comfort and ease of operation will drive automatic segment demand through the forecast timeframe.
  • Europe automotive HVAC market share is estimated to account for over 20% of the global revenue through the forecast period, spurred by vehicle production. Favorable regulatory scenario to limit energy consumption is a key regional trend.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Source: Global Market Insights, Inc.

Plating on plastics (POP) market size is set to generate over USD 649 million in revenue by 2023: Global Market Insights, Inc.

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Plating on plastics (POP) market size is set to generate over USD 649 million in revenue by 2023, according to the latest research report by Global Market insights, Inc. Plated plastics market size analysis expects significant growth owing to strong focus by automobile manufacturers for imparting aesthetic appearance to vehicle design apart from performance specifications.

Global plated plastics market size was 85.9 million square meters in 2015. Vehicle performance is somewhat similar across segments for most OEMs, aesthetic value from chrome plated plastics may offer product differentiation on design parameters.

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Chrome plated ABS was most commonly used as a surface and accounted for over 75% of the total demand in 2015. Ease in etching and quick adhesion with other substrates coupled with low cost in comparison to other polymers makes ABS usage predominant in plating on plastics market share.

PC/ABS chrome plating market offers high temperature automotive application capabilities such as wheel covers and is forecast to achieve highest gains at 7% up to 2023. PC/ABS plating contains anywhere between 40% & 60% ABS with rest accounted by PC.

Norms regularized to eliminate hexavalent chromium usage owing to environmental hazards is set to challenge industry growth. 21st September, 2017 is the sunset date from REACH in the EU for the POP industry to stop using hexavalent chromium. Sharper angles & holes resulting from complexity in polymer design may cause non uniform plating deposits on substrates, which may also contribute to hamper growth.

Dow and Enthone have developed technologies to eliminate hexavalent chromium usage and comply with REACH guidelines.

Browse key industry insights spread across 75  pages with  38 market data tables & 9 figures from the report, “Plating on Plastics (POP) Market Size By Finish (Chrome [Cu, Ni & Cr]), By Plastic (ABS, PC, PC/ABS, PEI, PET, PBT, LCP, PEEK, PP, Nylon), By Application (Automotive, Domestic Fittings, Electronics & Electrical), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, China, India, Brazil, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016– 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/plating-on-plastics-POP-market
Key insights from the report include:

  • Global plating on plastics market size is set to grow at 6.5% CAGR and reach 141.6 million square meters by 2023.
  • Automotive applications dominate POP market share and accounted for 79.9% of the total demand in 2015. Addition of new automobile variants every year along with reduction in vehicle weight for fuel efficiency is expected key industry trend boosting POP demand.
  • Europe, led by Germany and UK plating on plastics market, was dominant regional industry and comprised of over 36% of the total demand in 2015. Germany chrome plated ABS plastic market size was worth over USD 32 million in 2015.
  • APAC, majorly driven by China plastic electroplating market size, is forecast to attain highest gains at 7.2% up to 2023. China automotive applications should attain growth rates at 7.9% and register close to USD 115 million by 2023.
  • Global plating on plastics market share is competition intensive and quite fragmented. Vehicle manufacture rely on plated plastics market participants to comply with prescribed OEM specifications and follow stringent quality control norms.
  • Plated plastics market share consists of process & chemistry providers along with plating companies. Bolta Werke, Sarrel Group, SRG Global and Xinpoint are notable plating on plastic companies.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Adhesives and Sealants market size to exceed USD 50 billion by 2023: Global Market Insights Inc.

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Global adhesives and sealants market size was estimated at 9.8 million tons and 1.9 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Construction, automotive and packaging were key revenue generating applications for the industry.

Adhesives and sealants market size analysis is set to exceed USD 50 billion by 2023. Strong infrastructure development indicators and focus on vehicle weight reduction for better fuel performance will play a key role in demand development.

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Waterborne adhesives market size dominated the technology landscape, with 47% global share 2015. This technology is preferred over solvent borne technology owing to low VoC emissions to curb environmental toxicity.

Hot melt adhesives market size is forecast to gain significantly, with 5.3% CAGR up to 2023. On product basis, acrylic products witnessed most usage, with overall consumption close to 3.6 million tons in 2015, whereas silicone sealants consumption was over 580 kilo tons.

Stringent norms by the EPA and REACH to address environment concerns over VoC emissions may challenge industry growth. Strong focus on developing renewable materials as an alternative to fossil fuel products is likely to support growth. Bio adhesive market size already accounts for over 1% of the total demand and could witness sizable gains over the coming seven years.

Browse key industry insights spread across 105  pages with 96 market data tables & 20 figures from the report, “Adhesives and Sealants Market Size By Application (Construction, Pressure Sensitive, Furniture, Packaging, Automotive), By Technology (Solvent, Water-based, Reactive, Hot Melt), By Product (Polyurethane [PU], Acrylic, Epoxy, EVA, Polyvinyl Acetate [PVA]), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/adhesives-and-sealants-market

Key insights from the report include:

  • Global adhesives market size is set to attain grow at 4.9% CAGR, whereas sealants market size is estimated to reach 2.7 million tons by 2023.
  • Pressure sensitive adhesive (PSA) applications dominate demand and accounted for over 29% of the total demand in 2015, followed by packaging, with overall consumption of close to 2.1 million tons.
  • Construction sealants market size witnessed consumption of 510 kilo tons in 2015. Automotive sealants market is forecast to significantly grow at 5.4% CAGR and reach 565.0 kilo tons by 2023.
  • APAC, led by China, Japan & India, was the leading regional industry and accounted for over 40% of the total demand in 2015.
  • China polyurethane (PU) glue demand was estimated at close to 280 kilo tons in 2015, whereas PU sealants demand in China was calculated at close to 135 kilo tons in the same year.
  • North America, driven by stringent norms in the U.S., accounted for over 22% of the total volume in 2015. North America construction glues market was close to 345 kilo tons in 2015.
  • Global market share is moderately consolidated with multinationals such as Dow, HB Fuller, 3M and Henkel catering to over 47% of the industry demand. Other notable companies include Eastman Chemical, BASF, Avery Dennison, Ashland and Bostik.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Flooring market size forecast to reach USD 418.86 billion by 2022: Global Market Insights Inc.

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Flooring market size is estimated to be valued at USD 418.86 billion by 2022, as per a new research report by Global Market Insights, Inc. Innovative solutions in construction coupled with escalating demand for insulation is likely to boost global demand.

Soft coverings market size was the largest revenue generator, and the segment was valued USD 90.75 billion in 2014. It is anticipated to grow at 6.2% CAGR from 2015 to 2022 due to its dust-binding characteristics, noise-reducing effect and offers comfort. Non-resilient flooring market was over 30% of the share in 2014.

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Increasing need in the construction industry has positively impacted consumption. There exist various innovative solutions that are durable and require low maintenance as compared to other conventional materials such as stone, ceramic and wood. As a result, consumers are adopting more cost effective and eco-friendly solutions.

Rise in urbanization along with evolving consumer lifestyles is expected to be a significant opportunity for industry participants. Development of hassle-free installation techniques and availability of innovative construction solutions coupled with growing demand for environmentally sustainable products are among major flooring market trends.

Browse key industry insights spread across 140  pages with 75 market data tables & 61 figures from the report, “Flooring Market Size By Application (Commercial, Residential, Industrial), By Product (Seamless Flooring, Soft Coverings, Non-resilient Flooring, Resilient Flooring) Industry Outlook Report, Regional Analysis, Downstream Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2012 – 2022” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/flooring-market-size

Presently, designers are seeking out eco-friendly materials for their clients; this has led to the development of several environmentally viable choices. Lack of awareness among consumers coupled with environmental concerns is likely to hamper demand over the next six years.
Key insights from the report include:

  • The flooring market was 193.51 billion square feet in 2014; it will grow at 6.0% CAGR to reach 314.47 billion square feet by 2022.
  • Industrial flooring market size was valued at over USD 12 billion in 2014 and is expected to surpass USD 20 billion by 2022. Residential sector is expected to grow at a compound annual growth rate of 7.2% from 2015 to 2022 owing to home renovation and improvement projects.
  • Asia Pacific flooring market share was more than 40% of the global demand in 2014. Surging real-estate industry and developing infrastructure facilities are driving the demand growth in this region.
  • Recovery in the housing sector is expected to favorably impact the mature North America and Europe flooring market. There is a high degree of competition from Chinese players, and European manufacturers expect strong potential in high-end segments. Increasing labor and energy costs coupled with reduced export subsidies may pose a challenge to industry participants.
  • Key flooring manufacturers include Mohawk Industries, Shaw Industries, Beaulieu of America and Interface. Other manufacturers include Congoleum, Interface Inc, Armstrong World Industries, Mannington Mills Inc, Pergo, and Polyfor Ltd.
  • The industry is highly competitive on account of considerable initiatives undertaken by suppliers to provide enhanced solutions and drive product differentiation. Major industry participants focus on developing eco-friendly, cost effective, durable and low maintenance solutions for an array of applications.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Intumescent coatings market size worth USD 1.16 Billion by 2022: Global Market Insights Inc.

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Intumescent coatings market size is forecast to be worth USD 1.16 billion by 2022, as per a new research report by Global Market Insights, Inc. increasing applications in the energy sector coupled with stringent government regulations pertaining to health & safety standardization is likely to drive demand over the forecast period. Features such as fireproofing and heat resistance are anticipated to be among key factors to drive intumescent coatings market growth. Strong shale gas production landscape is also likely to positively impact the industry.

Cellulosic intumescent coatings market size was over USD 400 million in 2014 with revenue expectation of over USD 570 million by 2022. Growth in the construction sector and increasing demand for thin film coatings in the marine and automobile applications are expected to boost growth. Hydrocarbon coatings market size is likely to grow faster than the global average to exceed USD 580 million by 2022.

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Oil & gas industry was the dominant end-use segment and accounted for over 50% of the global revenue share in 2014, it is further anticipated to gain at 4.8% from 2015 to 2022. Stringent government regulations for safety & health and increasing exploration are expected to boost demand. Construction industry demand was estimated at over 35 kilo tons in 2014, and is expected to grow at CAGR of 5.2% from 2015 to 2022 owing to increasing construction industry in China and India.

Intumescent coatings market share is comprised of Jotun, Sherwin-Williams, Hempel, AkzoNobel, Carboline and PPG Industries. After acquiring Leighs Paints, Sherwin-Williams accounted for over 25% of the overall volume as of 2014.

Demand from the automotive segment was estimated at over USD 65 million in 2014 with growth expectations set at 4.5% CAGR from 2015 to 2022. Increasing need for thermal barrier and protection from high engine temperature in vehicles accompanied by focus to make vehicles safer is likely to drive growth. Volatile raw material price trend may hamper growth over the next six years.

Browse key industry insights spread across 113  pages with 85 market data tables &17 figures from the report, “Intumescent Coatings Market Size By Application (Hydrocarbons, Cellulosic), By End-Use (Construction, Oil & Gas, Automotive), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/intumescent-coatings-market-report

Key insights from the report include:

  • Intumescent coatings market size was projected at 98.1 kilo tons in 2014 and is forecast to reach 145.6 kilo tons by 2022, at a CAGR of 5.1% from 2015 to 2022.
  • Asia Pacific intumescent coatings market was the dominant industry and accounted for over 30% of the global share in 2014. Industry expectation is worth over USD 400 million by 2022. Growth in exploration activities in India, Malaysia, and Indonesia are likely to propel demand in the region.
  • U.S. intumescent coatings market volume should grow at over 5.2% from 2015 to 2022. This can be attributed to increasing demand from aerospace industry and growth in residential construction.
  • Cellulosic coatings applications market volume is projected to grow at a 5% from 2015 to 2022 due to growth in marine and automotive industry. Stringent fire safety standards and demand for fire resistant coatings in oil & gas industry will drive hydrocarbon coating demand.

 

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Source: Global Market Insights, Inc.

Automotive sunroof market size forecast to reach USD 9.76 billion by 2022: Global Market Insights Inc.

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Automotive sunroof market size is estimated to be valued at USD 9.76 billion by 2022; as per a new research report by Global Market Insights, Inc. Innovation in component materials coupled with rising number of factory-installed sunroofs is expected to drive industry demand over the forecast period. In addition, increased aftermarket demand is also anticipated to fuel growth.

Surging use of these products by automotive manufacturers in concept cars to make the interiors look luxurious is predicted to boost demand over the forecast period. Escalating consumers’ preference for vehicles equipped with larger sunroof is expected to propel panoramic sunroof market growth over the next few years.

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Inbuilt automotive sunroof market accounted for majority of the overall revenue in 2014, since these are a popular factory installed variant. Commonly known as moonroofs, inbuilt models are expected to grow at a CAGR of over 7% from 2015 to 2022.

High cost and regular maintenance are estimated to pose a challenge to the automotive sunroof market size. As these systems have drains and holes, it may cause clogging and leakage of water into the car. Hence, regular maintenance is required and thus involves high maintenance cost

Growing alternative fuel vehicle segment is likely to drive the demand for solar roofs, which is expected to present a growth opportunity to key industry participants.

Browse key industry insights spread across 70 pages with 38 market data tables & 43 figures from the report, “Automotive Sunroof Market Size By Product (Glass [Pop-up, Inbuilt, Spoiler/Tilt & Slide, Top Mount, Panoramic], Fabric [Foldable, Removable]), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automotive-sunroof-market
Key insights from the report include:

  • Glass sunroof market size accounted for majority of the overall share in 2014. The segment is expected to continue dominating demand over the forecast period. OEMs look to achieve high product quality and passenger safety amid growing product complexity, such as the use of toughened glazing with ceramic coating. There exist design challenges in glass sunroofs, since increased weight on the top changes the center of gravity, and companies need to meet stringent safety standards on roof crush.
  • Europe automotive sunroof market share was valued at USD 1.69 billion in 2014; it is expected to grow at a CAGR of 9.4% from 2015 to 2022 on account of considerable presence of luxury vehicles in the region. The UK and Germany are the key contributors to this growth.
  • Asia Pacific aftermarket automotive sunroof  market demand is on the increase, driven by growing consumer preference to install these products and enhancing the overall aesthetic appeal of the vehicle.
  • Key industry players capturing significant automotive sunroof market share are Webasto, Inteva, and Inalfa. Webasto’s logistics strategy is based on the Webasto Production System (WPS), with which it aims to provide high product quality and superior delivery service. The company focuses heavily on maintaining quality in order to achieve competitive differentiation.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Antifouling coatings market – specialized marine vessels coating; Technological advancements and increasing investments opportunities 2016 – 2024

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Antifouling coatings are a special type of coating that is applied with paint to the bottom of a ship or marine vessel to prevent or retard the degeneration of the metallic surface that remains submerged. Usually, subaquatic organisms start building colonies on the parts of the ship that remain underwater. Excessive growth of these organisms often leads to a hydrodynamic drag, leading to high fuel consumption and poor performance. In order to maintain the performance and the life of the vessel, manufacturers use antifouling coatings that contain special chemicals designed to prevent growth of algae, barnacles, and other such living organisms.

The antifouling coatings market has gained momentum due to rising sea trade activities, which has led to a rise in the number of ships. The various types of vessels using antifouling coatings are bulk carriers, cargo ships, and container ships.

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The research report on the global antifouling coatings market provides a thorough analysis of the overall market and the answers pertinent to questions about the scope of the market. The report aims to explain the competitive scenario and the nature of the vendor landscape to the readers through well-researched chapters. Furthermore, the document contains Porter’s Five Forces Analysis and SWOT analysis to highlight the various factors responsible for the growth or decline of the overall antifouling coatings market.

Antifouling Coatings Market: Key Trends and Opportunities

Poor output of vessels due to the growth of organisms is the primary driver of the global antifouling coatings market. A drop in speed not only slows down the time taken for transportation, but also increases the risk of goods perishing in transit. The possibility of corrosion of metallic coating and the chances of shipworms causing decay to the goods prompt ship manufacturers to use antifouling coatings. Furthermore, the threat of marine organisms being transported out of their ecosystems and the potential hazard of this to the marine life is fueling demand for these coatings.

The new-age antifouling coatings contain special chemicals such as biocides, organ tin compounds, copper, and synthetic chemical compounds. Unfortunately, these are known to have a negative impact on the environment. For instance, usage of paints containing tributyltin has been banned due to high level of toxicity. Companies in this market are also looking at ways to reduce the use of copper in antifouling coatings, as copper too has adverse effects on marine flora and fauna.

On the other hand, players are looking at using slime for making antifouling paints that are friendlier to marine life. Technological advancements and increasing investments in research and development are likely to create several growth opportunities in the market in the near future. The burgeoning oil and gas industry is also expected to offer newer growth platforms to the global antifouling coatings market.

 

Antifouling Coatings Market: Region-wise Outlook

Asia Pacific dominates the global antifouling coatings market due to the massive shipbuilding industries in South Korea, Japan, Taiwan, and the Philippines. Rise of the shipbuilding industry in Asia Pacific is expected to keep the performance of the antifouling coatings market steady. Demand for antifouling coatings is also expected to rise in this region due to increasing expenditure on exploration and production of natural gas and crude oil in Thailand, India, and China.

The top players in the global antifouling coatings market are PPG Industries, Inc., BASF SE, AkzoNobel N.V., Hempel, Archer Daniels Midland Company, Nippon Paint Holdings Co. Ltd., Jotun, Sherwin-Williams Company, Chugoku Marine Paints Ltd., Kansai Paint, and Advance Marine Coatings AS, among others. These companies focus on developing eco-friendly coatings from palm oil to reconcile the issue of rising environmental concerns and the need to safeguard the vessels.

Browse Industry Research Report with free Analysis: http://www.transparencymarketresearch.com/antifouling-coatings-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Crude oil carriers market: Vessel type (VLCC/ULCC, Suezmax, Aframax, and Panamax) – advanced technologies & growth opportunities in global industry by 2024

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Shipping of petroleum liquids such as crude oil comprises many different operations, each of which signifies a potential source of evaporation loss. Crude oil is transported from production facilities to refineries by crude oil carriers, rail tank cars, barges, pipelines, and tank trucks. Coastal tank vessel trades are functioned by crude carriers, tank barges, and product tankers. Crude oil carriers are generally referred to as oil tankers which transport crude oil from one location to another. Oil tankers are designed for bulk transportation of oil. Tanker shipping provides a convenient way of transporting bulk liquid for international seaborne trade. Transportation rates in the shipping industry are determined by time charter equivalent. Oil tankers have become an integral part of the transportation process.

Transparency Market Research has released a new market report titled “Crude Oil Carriers Market – Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 – 2024.”  According to this report, the global crude oil carriers market was valued at US$160 Bn in 2015 and is projected to reach US$217 Bn by 2023 at a CAGR of 3.5% from 2016 to 2024.

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Safe marine transportation involves several factors. Among these include crew training and competencies, management policies and procedures, vessel design and maintenance, port regulatory and infrastructure oversight. The supply of crude oil carrier shipping operates under perfect competition is characterized by several conditions such as number of shipping service providers and availability of information. Numerous ship owners operate crude oil carriers and offer petroleum liquids shipping services. In the crude oil carriers market, information on freight rate can be examined through the Baltic Index. Therefore, shipping service providers cannot influence freight rates. Obstacles to entry to and exit from the crude oil shipping industry exist as these challenges can be managed. Ship owners have additional procedures in place to ensure secure, reliable and environmentally responsible operations.

The crude oil carriers market has been segmented on the basis of vessel type and region. In terms of vessel type, VLCC and ULCC together held about 63% share in 2015; a large number of VLCCs are in operation compared to rest of the vessel types. Suezmax accounted for nearly 14% of the crude oil carriers market in 2015. Aframax accounted for nearly 21% and Suezmax accounted for the rest 2% of the crude oil carriers market in that year.

The crude oil carriers market has been segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific held the largest share of 41% of the crude oil carriers market in 2015. Several countries in Asia Pacific, such as China, Japan, Malaysia, and South Korea, own and operate majority of crude oil carriers. In Europe, Greece alone owns and operates 17% of the crude oil carriers globally in 2015.

In 2015, shipping rates for the some of the largest carriers, including ULCCs and VLCCs, transporting crude oil to Asia Pacific peaked at just above US$ 90,000 a day. This was a result of countries such as China storing low cost crude oil. Crude oil carriers also became a medium of floating storage as some energy traders and companies stored their crude oil supplies, in case the futures price was higher than the spot price. Majority of the demand for crude oil carriers is generated from Asia Pacific, particularly China despite its slowing economy. Crude oil from South America or West Africa is transported to Asia Pacific, as the consumption in the U.S. has reduced due to less imported crude oil due to the shale oil boom.

Demand for crude oil carrier majorly depends on oil product consumers, crude oil production, and refining facilities. The cargo carrying capacity of a crude oil carrier is 90%–95% of its deadweight capacity, depending on the distance to the succeeding bunkering port. Long haul crude oil generates an incentive to build large-sized crude oil carriers. This is expected to lower shipping costs through economies of scale up to the largest carrier such as ultra large crude carriers (ULCC).

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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http://www.transparencymarketresearch.com/

Automotive plastics market size worth $53.8 billion by 2022: Global Market Insights Inc

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Automotive plastics market size is anticipated to register USD 53.8 billion by 2022; as per a new research report by Global Market Insights, Inc. Improvement in vehicle design coupled with growing emission control & weight reduction norms is likely to drive automobile market. Technology innovation with respect to design parameters and aesthetics is likely to drive demand.

Steel is being replaced by plastics owing to design versatility offered for various vehicle parts and ideally reduce weight & increase fuel efficiency. Regulations by European Legislation (EC) and CAFÉ are aimed at improving vehicle fuel efficiency.

Browse key industry insights spread across 148 pages with 158 market data tables & 20 figures from the report, “Automotive Plastics Market Size By Application (Electrical Components, Power Train, Under the Hood, Chassis, Interior & Exterior Furnishings), By Product (Polyurethane, PVC, Polyethylene, Polypropylene, ABS, Polycarbonate, Polyamide, PMMA), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/automotive-plastics-market

 

Environmental concerns related to carbon emissions, coupled with non biodegradability of synthetic polymers are likely to hamper automotive plastics market growth. Growing investments to commercialize bioplastics on larger scale coupled with its increasing use in vehicle applications is likely to provide new avenues of growth.

PP (polypropylene) was dominant product and accounted for more than 28% of the total automotive plastics market size in 2014. They are increasing used to substitute steel to achieve desired weight reduction properties along with cost savings. PMMA is likely to witness highest gains over the forecast period owing to increasing application scope in side/rear lights.

Make an inquiry for purchasing this report – https://www.gminsights.com/inquiry-before-buying/110

Key insights from the report include:

  • Global automotive plastics market size registered 8.71 million tons in 2014 and is likely to reach 18.06 million tons by 2022, with gains at 9.6%.
  • Electrical components dominated the automotive plastic applications and accounted for 37.1% of the total volume in 2014. High performance plastics for socket manufacturing are used owing to property to withstand extreme temperature without going under degradation.
  • Power train applications are likely to witness highest gains of 10.6% from 2015 to 2022 owing to increasing use in manufacturing of transmission unit and jolt bolts.
  • APAC dominated the regional demand and accounted for 53.5% of the total volume in 2014. Preference of manufacturers to establish production base in countries such as China, India, Thailand & Indonesia along with favorable government policies is likely to boost demand.
  • Latin America, particularly Brazil, automotive plastics market size is anticipated to witness highest gains at a CAGR of 10.6% from 2015 to 2022 owing to increasing consumer spending capacity and growth in vehicle sales.
  • The global market is consolidated with top five players serving to more than 50% of the total volume in 2014. Major companies include BASF, Johnson Control, Delphi Automotive Dow Chemical, AkzoNobel and Evonik. Other major industry participants include GrupoAntolin-Irausa, Borealis AG, Lear Corp, Hanwha Azdel, Momentive Performance Materials, SABI, Magna International, Owens Corning and DSM.

 

Request for a sample of this research report – https://www.gminsights.com/request-sample/detail/110

Global Market Insights has segmented the automotive plastics industry on the basis of key products, application areas and regional markets:

Global Automotive Plastics Product Analysis (Kilo Tons; Revenue, USD Million, 2012 – 2022)

  • Polypropylene (PP)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polyamide (PA)
  • Polyurethane (PU)
  • Polymethyl Methacrylate (PMMA)
  • Polycarbonate (PC)
  • Others

Global Automotive Plastics Application Analysis (Kilo Tons; Revenue, USD Million, 2012 – 2022)

  • Electrical Components
  • Power Train
  • Chassis
  • Under the Hood
  • Interior & Exterior Furnishings
  • Others

Global Automotive Plastics Regional Analysis (Kilo Tons; Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Source: Global Market Insights, Inc.

HxGN LIVE Conference Attendees Get Preview of Intergraph Smart™ 3D 2016

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Intergraph Process, Power & Marine offers advance look at the much-anticipated version of its breakthrough 3D design solution

Intergraph® Process, Power & Marine (PP&M), part of Hexagon and the world’s leading provider of enterprise engineering software to the process, power and marine industries, today announced the new version of its next-generation 3D design solution, Intergraph Smart™ 3D 2016, will be available later this year. The announcement was made during the Intergraph Smart 3D Product Update at HxGN LIVE, Hexagon’s international conference being held at the Anaheim Convention Center.

Smart 3D 2016 boasts hundreds of user-requested enhancements and several innovative capabilities to further enhance user productivity. The enhancements to Smart 3D 2016 build upon the Smart 3D technology architecture to increase productivity, accelerate projects and give Intergraph’s valuable customers the competitive edge they require.

Here are some of the key features users can look forward to in the new version of Smart 3D:

  • Improved design productivity across all design applications, especially in route applications: piping, HVAC, tray, conduit, duct bank and cable
  •  Improved data re-use capabilities including IP protection and preservation of design intent
  • Improved change management productivity and quality with To-Do List improvements and piping specification updates
  • Improved drawing generation productivity including faster, higher-quality extraction; configuration; and touch-ups
  • Easier, more reliable and faster to move to existing projects

 

Ralf Bellaire, Head of Engineering, Linde, said, “We are very much looking forward to what we will see in the new version (of Smart 3D). From the graphic user interface, increased stability and improved model data re-use, we are looking forward to applying the enhancements in upcoming projects.”

Tom Szoka, Intergraph PP&M Vice President, Design & Visualization, said, “Smart 3D 2016 is the culmination of 2½ years of development and is the most feature-rich release we’ve ever done. Clients will see greater end-user and administrative productivity and performance across the board.

“Particularly exciting are the enhancements around our core functions of pipe, electrical and HVAC design, data-reuse and the ability to use 3D Interop models in Project/As-built scenarios.”

Smart 3D is the world’s first and only next-generation 3D design solution specifically tailored for plant, offshore, shipbuilding and the metals and mining industries, employing a breakthrough engineering approach that leverages real-time concurrent design, rules, relationships and automation.

Smart 3D is the most advanced and productive 3D design solution that effectively enables optimized design, increasing safety, quality and productivity, while shortening project schedules. Companies in these industries typically report a 30 percent improvement in overall engineering design productivity.
Learn more about Intergraph Smart 3D .at ppm.intergraph.com/products/3d-product-family/intergraph-smart-3d

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