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Automotive Coatings Market Key Players Analysis, Segmentation And Forecast Report till 2025

September 17, 2021: The automotive coating market is expected to grow at a healthy rate for the forecasted period owing to the increase in demand of commercial and passenger vehicle, development in transport infrastructure, and supporting government policies and regulations. Latest technology in this industry is water born and powder coatings. Most of the automobile parts are metallic and to improve the life and avoid degradation metal coating is done on it. Growing demand of automobile across global is offering great opportunity for auto coating industry. Innovation in green technology such as making the products eco-friendly will help the industry to grow significantly as it will abide government regulations.

Water borne and powder borne coatings popularity is increasing as it has longer durability, in line with government regulations during production, and is cost effective than conventional solvent borne coatings. These emits hazardous chemical and harms environment. The market is primarily influenced by the government regulation as affects the environment. Also the prices of raw material are fluctuating hence it is emerging as a major challenge for the industry as the profit margins are reducing.

The automotive coatings industry is segmented majorly into two categories which includes aftermarket or refinish and Original Equipment Manufacturing (OEM). The refinish or aftermarket is used by the vehicle body shops and collision repair centres. On the basic of product segmentation, the global automotive coatings market can be divided into four categories namely primer coats, electro-coats, clear-coats, and basecoats. Based on formulation, this market can be classified into four categories which includes solvent-based, water-based, UV-based, and powder-based coatings.

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Solvay SA has worked on improving in durability, appearance, and developed new type of finish Basecoat. The upper coat paint system is divided into an enamel basecoat pigmented, followed by an enamel clear finish. The main element in this technology is a clear coat which has longer durability in all weathers. The expense of the Basecoat paint system was high initially and it was used in top-end auto cars. But with the advancement in the technology and processing it helped in reducing the overall costs.

The automotive coating industry is regionally segmented into 5 regions which includes, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia-pacific is showcasing high potential in automotive aftermarket coating in terms of revenue due to increase in vehicles production and use of second hand cars. As the economy of Asia-pacific countries are growing need for automobiles and road infrastructure is also growing at same pace. Hence Asia-Pacific is most lucrative market amongst all.

In Asia Pacific region there is increase in the number of joint venture among key players of automobile industry, and political policies for development are favorable. Europe is the second largest market in the world because it is recovering from downturn. North America is an upcoming market, predicted to surpass it in future considering the increase in the industrial production. Europe and North America are anticipated to benefit from stringent environmental regulations that drive the demand for powder and waterborne coatings considering they are eco-friendlier. However economic slowdown is a major challenge in Europe and North America.

India, China, Brazil, and Russia or the BRIC are growing rapidly and the sale of automotive are expected to grow in coming years. These countries are considered to be major contributor towards growth of auto coating industry. Developing economies, improvement in the road infrastructure, and increase in use of individual personal conveyance are the key factors for the growth of the automotive industry.  In the competitive market scenario, companies are adopting various business model to exploit the market opportunities and gain competitive edge. Most of the market leader and challengers are concentrating on improving their design to have competitive edge.

Key contributors in the market are PPG Industries Inc., BASF SE, Kansai Paint Co., Ltd., Akzonobel N.V. Bayer AG, Solvay SA, Arkema SA, Akzonobel N.V., Ltd., Akzonobel N.V. and Valspar Corporation, Bayer, Sherwin-Williams, Beckers, Royal DSM, and Eastman Chemical, Diamond Paint, Valspar, Sherwin-Williams.

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BASF SE has launched a new refinish paint brand called NORBIN. NORBIN was launched in December 2015. NORBIN offers more colours at effective price, initially it was launched in China and Asia-Pacific. It offers high quality paint job, more range of colours at affordable cost. With the launch of new product BASF expects a dynamic jump in sales.

Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

        • Primer

        • Electro coat

        • Basecoat

        • Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

        • Waterborne Coatings

        • Solvent borne Coatings

        • Powder Coatings

        • UV-cured Coatings

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

        • Metal Parts

        • Plastic Parts

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

        • Light Vehicle OEM

        • Commercial Vehicle OEM

        • Automotive Refinish

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

        • North America

            • U.S.

        • Europe

            • Germany

        • Asia Pacific

            • China

            • India

        • Central & South America

            • Brazil

        • MEA

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Stretchable Conductive Material Market Key Players Analysis, Segmentation And Forecast Report till 2025

September 17, 2021: The global stretchable conductive material market size was valued at USD 434.7 million in 2016 and is expected to reach USD 3.4 billion by 2025, with a CAGR of 25.7%. Stretchable conductive material/devices have gained much popularity in recent years due to the emergence of new technology fields such as stretchable electronics, intelligent robotics and wearable devices. For example, advanced robots are treated with keen sensory skins so that they can interact well with humans and respond properly to the surrounding environment without external control. On the basis of conductor material, the global stretchable conductive material market is segmented into graphene, carbon nanotube, copper, and silver.

To keep pace with the growing need for new technology, the hunt for new materials with higher electrical conductivity and good elasticity have emerged. Though, polymers offer good features for operations and are widely deployed in plastic electronics their widespread use is limited due to poor mechanical properties.

On the other hand, elastomers such as natural rubber, styrene butadiene rubber, ethylene-diene monomer and polyurethane possess characteristics such as high and reversible deformation. Conventionally, elastomers have been specifically used for structural, industrial and household products. Further, two types of metal structures are widely explored as stretchable conductors.

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At the commercial level, the global stretchable conductive material market thrives on engineered functional ink formulations for printed electronics. With much developing and advancement in flexible large-area electronics such as flexible displays and sensors, the market growth witnesses a trajectory path during the forecast period. Thus, the market dynamics and driving factors result into a healthy CAGR growth during the assessment period.

The key driving factors responsible for the growth of stretchable conductive material market includes growth in use of stretchable conductors and developments in design in consumer electronics. Additionally, factors such as use of materials and assembly techniques and enhancement in operational speed due to miniature size of electronic products propel the stretchable conductive material market during the forecast period. However, less lifespan of stretchable circuits and consumption of time and laborious manufacturing process are some restraining factors for market growth.

On the basis of application, the global stretchable conductive material market is segmented into wearables, photovaltics, biomedical and cosmetic. Wearables application segments anticipated to grow at a higher CAGR during the forecast period owing to growth in demand for wearable device

On the basis of geographic segmentation, the global stretchable conductive material market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. North America dominates the global market in terms of market size. APAC regions are likely to grow at a higher CAGR during the forecast period owing to rise in number of players and high number of wearables& biomedical applications.

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The key players in the global stretchable conductive material market include 3M company, DuPont & Co, Applied Nanotech Inc, Indium Corporation, Toyobo Co Ltd, Lotte Advanced Materials Co Ltd, Textronics Inc, National Insititute of Advanced Industrial Science and Technology, Vorbeck Materials Corp.

Market Segmentation:

Stretchable Conductive Material Product Outlook (Revenue, USD Million, 2014 – 2025)   

    • Graphene

    • Carbon Nanotube

    • Silver

    • Copper

Stretchable Conductive Material Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Wearables

    • Biomedicals

    • Photovoltaics

    • Cosmetics

Stretchable Conductive Material Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

    • Asia Pacific

        • China

        • Japan

    • Central & South America

        • Brazil

        • Mexico

    • Middle East & Africa

        • Africa

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Specialty and High Performance Films Market Opportunities, Challenges, Strategies And Forecast Report till 2024

September 16, 2021: The global specialty and high performance films market size was USD 32.61 Billion in 2015 and is expected to reach USD 57.26 billion by 2024. Increasing demand for high tensile and durable packaging materials coupled with properties such as chemical resistant is expected to drive the market growth over the forecast period. These films are majorly used in packaging market for food and beverages, construction industries and decorative interiors. Thus increasing demand for these markets is expected to positively affect the market growth of performance films.

Growing need for electronics and solar PV coupled with increasing applications is expected to steer the market growth.These films are extensively used in semiconductors and PV cells Technological innovation and advancements of material films are anticipated to boost the market demand  Specialty & high-performance films are made of engineered and composite plastic materials produced from different polymers including fluoropolymer, polycarbonate and polyester and exhibit exceptional properties such as chemical stability, resistance to heat, high barrier and tensile strength. The major factor that pose a challenge to the market is expected to the fluctuating prices of raw materials including naphtha and crude oil.

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Growing environmental concerns and increasing regulations on the use of plastics is expected to restraint market growth over the next six years. Innovation and development of reusable engineered plastics and increasing demand for biodegradable plastic film is anticipated to generate future opportunities for the industry players. On the basis of polymer type the global market has been segmented into nylon, fluoropolymers, polycarbonate, polyesters, polypropylene, and polyethylene. Polyester film is expected to have the largest share in the market owing to its excellent flexible and thermal properties. Nylon and polycarbonate are expected to be the fastest growing segments in the market. Polycarbonate is a transparent film that can be easily thermoformed and molded. It also provides excellent ink adhesion and is widely being used in graphic, blended and light diffusing films.

Fluoropolymers are expected to have low growth rate over the forecast period due to increasing regulations for halo polymers by environmental protection agency and REACHGrowing demand for bio based materials is anticipated to producenew dynamic product trends in the future. On the basis of applications, the specialty and high performance films has been segmented into Safety and security, Microporous, Barrier, Decorative. Other niche applications include water soluble, Biodegradable, and light control. Barrier is expected to constitute the highest market share owing to increasing demand for these films in semiconductor insulators and solar PV modules. Growing adoption of renewable forms of energy sources such as solar panels to generate electricity is expected to be the driving factor for the market growth in this segment.

Microporous and decorative films are expected to witness high growth rate over the forecast period owing to growing demand for food processing, interior decoration and long lasting electronics lamination are expected to steer the demand of these films over the forecast period. Increasing investments in research and development coupled with growing adoption of biodegradable plastics is expected to form an opportunity for the market growth in the future.

On the basis of end use segment, the global market has been segmented into Automobile, Personal care products, Packaging, Electrical & electronic, and Construction. Other segments include shopping bags and Sportswear. Packaging industry has been the largest end use segment accounting over 65% of the total market share in 2012.Growing demand for flexible packaging in consumer goods and food industry coupled with consumer awareness for better hygiene products is anticipated to steer the market demand of specialty films.

Electrical and electronic industry is expected to witness significant growth rate owing to growing investments in technical and new electronic devices for high and efficient performance. The growing application of light and safety control films in construction industry is expected to achieve anoptimistic outlook on high performance films. Asia Pacific is expected to have the highest share in the global market and is expected to continueits dominance in the next seven years. Increasing manufacturing facilities of automotive industrycoupled with growing electronics manufacturing bases is expected to steer the market growth in this region. Favorable government regulations and presence of key raw material manufacturers of specialty films can be attributed as one of the major factor driving the market.Growing demand for processed and frozen food & beverages in Europe and North America is anticipated to boost market demand for high-performance films.

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Key industry players in the market include Dow Chemicals, Bemis Company Inc. Evonik Industries, and Honeywell. Other industry participants are DuPont, Bayer, 3M, Sealed Air Corporation and Eastman. The market is highly fragmented with the presence of many manufacturers competing globally. Overall profitability is expected to be low owing to high industry rivalry Global vendors compete by application development and product differentiation.

Market Segment:

Specialty And High Performance Film Market Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 – 2024)

        • Polyester

        • Nylon

        • Fluoropolymer

        • Polycarbonate

        • Others

Specialty And High Performance Film Market Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 – 2024)

        • Barrier

        • Safety and security

        • Decorative

        • Microporous

        • Others

Specialty And High Performance Film Market End-Use Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 – 2024)

        • Packaging

        • Personal care products

        • Electrical & electronic

        • Automobiles

        • Construction

        • Others

Specialty And High Performance Film Market Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 – 2024)

        • North America

            • U.S.

            • Canada

        • Europe

            • Germany

            • UK

        • Asia Pacific

            • China

            • Japan

            • India

        • Latin America

            • Brazil

        • Middle East and Africa

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Welding Consumables Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

September 15, 2021: The welding consumables market includes welding equipment consumables, and services. Welding consumables are materials such as alloys, minerals and metals that are used to amalgamate thermoplastic and metal components. Welding consumables account for the lions share of the global welding industry in terms of profits compared to equipment and services. Technological advancement of welding methods is expected to drive the market growth over the forecast period. The global market has been facing dramatic change to flux and solid cored wired from electrodes owing to advanced production efficiency in welding consumables. Growing Innovation in developing new techniques for welding is anticipated to boost the market growth and create opportunities over the next few years. Increasing demand owing to growing in residential and commercial building constructions is estimated to positively impact and can attributed as the major driving factor.

Increasing demand from growing end use industries including transportation, mainly in emerging economies such as China, India, Thailand, and Singapore is expected to propel the global welding consumables market over the forecast period. Growing population along with increase in disposable income of people can be attributed to the aforementioned driver. New Infrastructural projects coupled with government investment to develop cities is anticipated to drive the market demand for global welding consumables. Welding steel plays a major role in the global market owing to high demand and need of steel in various industrial and manufacturing processes.

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Welding is extensively used in metal and steel industries for fabrication processes. The impact of welding process on the metal sector is dependent on the total parts manufactured in the process. Industries are expected to prefer welding process over other conventional fabrication process including soldering and brazing, since they are more efficient, offer higher product strength and accounts for less production cost.

Lack of Skilled labor in industries pertaining to handling the welding products coupled with high labor cost is expected to pose a major challenge and restraint for the market growth over the forecast period. Based on the product type, the welding consumables market has been segmented into solid wires, stick electrodes, saw wires and fluxes, flux cored wires. Stick electrodes segment holds the largest market share in the global industry owing to high demand and prevalence of welding in regions including Africa and Middle East. These electrodes are mainly used as a low cost alternative for welding process Wires and fluxes are expected to witness significant growth rate over the forecast period owing to increasing demand from consumer appliances and automotive segments. Flux-cored wires provide clean and strong welds, and high deposition rate. Efficient performance and higher productivity of wires and fluxes is estimated to be the key factors driving the market growth.

On the basis of application, the market has been classified into building & construction, automotive & transportation, defense & aerospace, and marine applications. Building and construction is expected to dominate the global market owing to increasing infrastructure projects and manufacturing industries. Regional initiatives such as Make in India campaigns are expected to boost the manufacturing sector in the country thereby resulting in an increased demand for welding processes. Automotive and transportation is expected to witness significant growth rate owing to increasing technological developments and launch of new vehicles into the market. Increasing investments in oil & gas and energy sectors is estimated to propel the global welding consumables market.

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Asia pacific is expected to hold the largest market in the global industry owing to high prevalence of end use industries. Growing manufacturing sector coupled with government initiatives is expected to be the major factor driving the market growth in this region. Africa and Middle East is anticipated to witness high growth rate owing to raw materials availability and increasing automotive industry demand.

Key market vendors in the global welding consumables market include Lincoln Electric, ESAB, Vorarc Welding CC, Illinois Tool Work, and Promax Welding. Other industry participants include DAIHEN Corporation, Obara Corporation, Kiswel Inc, Kobe Steel Limited, Royal Arc Electrodes Limited, Arcsel LLC, and Corodur Fulldraht GmbH

The key market players have developed their own distribution networks, as distribution is a critical success factor in this industry. For instance, ESAB, Voestalpine, and Lincoln Electric have a network of independent distributors and wholly owned subsidiaries to supply finished consumables to end-users in the country.

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Analog and Mixed Signal Device Market Opportunities, Challenges, Strategies And Forecast Analysis Report till 2022

September 14, 2021: Mixed signal devices are those that can process both analog and digital systems in a single system. The system can be in the form of a hybrid microcircuit, single integrated circuit chip or a printed circuit board. DACs and ADCs are applications of mixed signal processors as both digital and analog functions are implemented in each. Very large scale Integration(VLSI) is another application that employs processing complex digital signals and analog processing on the chip simultaneously.

Improving technology trends and current markets have increased the demand for mixed signal integration. They have significant benefits and can result in innovative System on chip (SoC) solutions. Integrating analog with digital modules have efficient functionality and power consumption owing to better distribution Single chip solutions. Mixed Signal devices have reduced system noise and faster switching times. They also have simple system designs. Analog modules within these devices can be easily controlled by installing inbuilt software.

Creating special functions by leveraging analog modules and integrating it with mixed signals can push performance to new levels and can spur many innovations. These modules available in the market can be integrated into systems to produce special system function solutions can provide high degree of analog integration variables along with low power performance that can reduce costs. These enhancements in the system can provide unique solutions that are fully programmable that are accountable for a substantial cost savings.

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Crossover filters in loudspeakers, stereos and controls on TV are other applications of analog processing. Capacitors, resistors, inductors and transistors are common analog processing elements. Analog signal devices can be used in a various market that include aerospace, communication, healthcare, automotive, motor power control, instrumentation and measurement, security and surveillance, Consumer market and Energy sector. Analog processors are significantly cheaper than other technologies available. One challenge with analog system that are exposed to high temperatures is managing their complexity while maintaining the stability of the system.

They play a crucial role in the semiconductor industry where analog to digital conversions are extensively used for the purpose of micro-controllers and signal processing.

One of the important examples of Mixed Signal devices is the mixed single Integrated chips that form a necessary part of the FM tuning in digital devices such as music players that have amplifiers. Introduction of 3G cell phones along with other technologies that are handy, with their increasing usage have a scope of significant growth in the telecommunications market. Availability of ADC and DAC provide a flexible platform for mixed Signal devices as per requirements and are energy efficient.

Considering the advancements in the Mixed signal device market, the task of combining analog and digital signals to optimize performance and integrate them into a single technology has been simplified. New technologies like CMOS, BiCMOS, CMOS SOI and SiGe have nullified many complexities that were faced previously. Availability of different alternatives to cancel out noise disturbances such as fully differential amplifiers, P+ guard rings and on chip coupling have also simplified tasks.

Every industry has specific requirements and configurations. The consumer electronics include touchscreen devices, display drivers, LED drivers, audio and video codes. The Industrial sectors includes devices like energy monitoring, LED Lighting, ADC, RF and line drivers. The automobile industry includes ADC and sensors. In the computer and storage devices market, Analog and mixed signal devices can be found in SATA, HDMI and Thunderbolt. Communications sector constitutes clock and timing control.

Power management sector, Signal processing sector are segments than can be expected to have high growth. The power sector accounted for over 52% of Analog Integrated Circuit Consumption. This sector emphasizes on efficient utilization of power used by electronic devices. Analog ICs are majorly used in portable devices which are extensively used. Other major functionality includes reduction in the battery drain that indirectly reduce costs. Hence with the growth in the wireless communication market can lead to growth in the Analog IC market.

Increase in the usage of application specific Analog ICs can bring about a sales growth of these devices. They constitute for 60% of the Analog ICs Market. With the advent of new technologies in Sensor ASICs and Power Management ASICs, there are wide variety of applications in each of them which include consumer electronic devices such as digital cameras, LCD and LED screens, cell phones and other devices that work on battery.

Market pertaining to analog and mixed signal devices have a diversified customer base. New product innovation and launch of sophisticated instruments can provide new avenues for growth in this industry. Health care industry has wide application of analog and mixed signal devices. They are used as monitoring equipment, medical instrumentation and diagnosis. Firms can differentiate their products by collaborating and integrating different functionalities of design tools and application support systems. Increasing usage of smart phone devices is also a major market for analog and mixed signal devices they are used as chips within smartphones.

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New product Developments are expected to play a major role with the introduction of EDA tools that are specifically made for analog/mixed signal market. The Market is expected to grow at a rate of 5%. Costs associated with processes are usually balanced out with the new avenues in the various product developments in the market.

With the focus of these technologies seen in Europe, Asia, Japan and U.S., the market is majorly driven by best.tools and methodologies that can be employed in the field of aviation, automobiles, communications, multimedia sectors and telecommunications. Opportunities include new modelling techniques, Analog Modeling and RF Modeling. Modularizing capabilities and enhanced integration with different systems of advanced packaging and SoCs.

Competitors in this market include Analog devices that is a market leader in National Semiconductors, Maxim Integrated Products Inc., and Texas Instruments, BroadComm QualComm, Linear and Maxim. Most competitors are characterized by high operating margins and gross margins. Analog and Mixed device manufacturing firms are highly resource intensive employing many applications that are involved in development, sales, sales reps, and distributors.

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Aluminum Systems Market Trends, Opportunities, Size, Share, Growth, Analysis and Forecast till 2025

September 13, 2021: Aluminum systems are used as building materials and building sector is the biggest consumer of raw materials and energy. Environmental concerns regarding the design and construction of building applications is getting much significant and in the construction field, the building consumes a great amount of energy. Therefore, as a measure to provide sustainable forms and methods to reduce consumption of energy certain alternatives are to be taken into consideration. On the basis of alloy type, the global aluminum systems market is segmented into wrought aluminum alloy and cast aluminum alloy.

Aluminum being a lightweight material offers the construction industry to design a safe, energy-efficient and an eco-friendly framework. These materials can be used for a wide range of design and manufacturing process and in engineering terms, aluminum is classified as a metal whose basic ingredient is either aluminum or aluminum alloy.

Pure aluminum is a metal commonly used for structural purpose in construction. It becomes high in tensile strength when it is added to other metals such as magnesium or with metalloids. Aluminum alloys are formed with the metals; whose strength is high and reaches a higher threshold. Structural aluminum alloys are categorized in various segments with reference to their chemical composition and the processes. Further, their physical properties such as lightness are much advantageous to the erection phases and can be simplified minimizing the loads and the heavy physical labor.

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From the commercial point of view, the global aluminum systems market is anticipated to grow at a higher CAGR as aluminum alloy accounts for a larger share in the global construction business. Thus, with the market dynamics and driving factors the global market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the growth of aluminum systems market includes growing demand from the end-use industry and technological developments. Additionally, economic development plays a crucial role in augmenting the demand for aluminum systems market. Moreover, the prime factors that enhance the growth of aluminum systems market account as rise in consumption and demand for value-added and sustainable products.

On the basis of alloying element, the global aluminum systems market is segmented into silicon, magnesium, manganese, copper and zinc. Silicon is anticipated to grow at a higher CAGR during the forecast period owing to rise in demand for end-user industries. On the basis of application, the global aluminum systems market is segmented into transportation & logistics, construction, packaging, electrical & electronics and manufactured and machined components.

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On the basis of geographic segmentation, the global aluminum systems market spans North America, Europe, Asia-Pacific, and Middle-East & Africa. North America dominates the global market owing to highly disposable income of people. APAC regions exhibit a trajectory growth during the forecast period owing to large volume production. The key players in the global aluminum systems market include United Company Rusal, Alcoa Inc, Aluminum Corporation of China, Rio Tinto and BHP Billiton.

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Circuit Breaker, Fuse and Relay Market Trends, Opportunities, Size, Share, Growth, Analysis and Forecast till 2025

September 13, 2021: The global circuit breakers, fuse, and relays market is expected to witness a steady growth owing to their increasing utilization in the power sector. They have several applications pertaining to generation, distribution and transmission of power. Significant growth in the global market for circuit breakers, fuse and relays is projected owing to increase in demand for energy in the forecast period. This significant rise in the demand for electricity has led to increasing need for T&D networks which will in turn have a positive impact on the circuit breakers, protective fuse and relay market. The recent increase in the demand for electricity can be attributed to factors such as rapid industrialization, increasing population, and urbanization.

Key factors such as adoption of automotive electronics are expected to fuel prospects of market growth in the foreseeable future. Increase in the demand for automotive electronics is a significant trend that is expected to drive the demand for circuit breakers, fuses, and relays from the automotive industry. The implementation of electronic components in vehicles facilitates the use of circuit breakers, fuses, and relays for the safety of the electronic components. Due to the popularity of augmented demand for advanced in-car systems such as advanced driver assistance systems, premium audio systems infotainment systems, on-board diagnostic systems, and electronic transmission the global circuit breakers, fuse and relay industry is projected to witness a positive market growth.

With the adoption of circuit breakers, fuse and relay systems spread across various consumer segments with capabilities pertaining to electronic and electric sector, this market is expected to witness an extremely competitive environment. Global circuit breaker, fuse and relay industry is highly fragmented with the presence of large number of small and regional vendors. Need to have a diverse product portfolio and increased market penetration has led prominent vendors in the market to integrate optimized technology into their products.

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A protective relay ensures reliable and safe operation of substations by tripping the circuit breaker in the case of a fault. Rise in the need for modernization of substations propels the demand for protective relays. Growing automated substations market on account of reduced operational costs and improved grid security is expected to boost the growth in the global circuit breaker, relay and fuse industry,

The market on the basis of product is segmented into three categories, Circuit breaker, Fuse and Relay. The circuit breaker product segment is projected to capture an impressive market share owing to growing demand for electricity and expanding T&D networks that will contribute to the growth of this market segment until the end of estimated period. Further, with the rising demand for alternative electrical transmission systems, the market for circuit breakers will have a positive demand until the end of the forecast period. A key substitute for mechanical relay is solid state devices on account of their popularity owing to its ability to interrupt currents that is synchronous to alternating current waveforms. Solid state devices interrupt with high alternating current flow and simultaneously avoid high voltage generation.

Relays are segmented on the basis of applications into four categories. Feeder protection, Motor protection, Transmission line, and Transformer protection. The feeder protection segment gained the largest market share on account of growing demand for electricity coupled with increasing demand for establishing and revamping distribution and transmission networks. The above mentioned factors therefore have a positive impact on the market and have the ability to propel the demand for protective relays However, high cost of raw materials such as gold and silver used for component wiring are expected to hamper growth.

Dominant players in this market include Americas, APAC and EMEA. Asia pacific was the largest market for circuit breakers, fuses, and relays, and is estimated to retain its market position attributing to investments in the power infrastructure. Growth in construction and automotive market is a key factor that is expected to drive the market growth in Asia Pacific in the forecast period Owing to these factors the growth rate in APAC is expected to reach a rate of over 7%

In the mechanical relays market, APAC was the market leader in 2015, and is expected to contribute to the market with the same trend over the next seven years attributed to favorable developments in distribution and transmission network in countries such as India, China, and the Philippines. Growing market for power generation from renewable sources of energy offer huge opportunities to differentiate their products from other major players in this market and play a key role in the growth of demand of relay market

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The market for circuit breakers, fuse and relay market in North America is expected to grow significantly in the future on account of rising demand for electricity. Significant investment in Substantial investments in transmission grid resulted in suppressed need of replacing worn out energy infrastructure. Further, power generation sources such as wind and solar energy would require greater distribution and transmission and investment. This would provide greater avenues for growth opportunities in circuit breakers fuse and relay market in North America

Key vendors in the market include GE, ABB, Siemens, Schneider. Other vendors in this market are Camsco Electric, Honeywell International, Cooper Industries, Itron, Kirloskar Electric, Littelfuse, L&T, Mitsubishi Electric, Rockwell Automation, NR Electric, S&C Electric, Sensata Technologies and Schurter Holding.

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Flame Retardant Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

September 09, 2021: The global flame retardant market size was valued over USD 6.27 billion in 2015. Flame retardant is a key component reducing the impact of fires on people, property, and environment. Flame retardants either prevent the fire from starting or slow it down significantly. The growth in industries such as construction, transportation, and electrical & electronics is expected to propel market demand over the forecast period.

Governments around the world have framed stringent regulations aimed at reducing destruction caused to life and property due to fire. Government regulation pressure and growing awareness regarding fire safety among industry participants are expected to boost market demand.

Product Insights

The major product segments in the market are halogenated flame retardants and nonhalogenated flame retardants. Nonhalogenated product type was the major product segment in 2015 with demand exceeding 1,400 kilo tons. The consumption of these products is expected to grow rapidly owing to growing concerns about pollution caused by halogenated type.

Brominated products dominated the halogenated segment and accounted for more than 40% market share in 2015. In nonhalogenated type, Aluminum hydroxide was the largest product segment and its growing application in end-use industries is expected to augment demand for these products.

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Application Insights

Polyolefin was the largest application segment in 2015 and accounted for more than 20% of the overall market. The high flame retardant loading capacity exhibited by polyolefins is responsible for their growing demand in end-use industries such as construction and electrical. The growing demand for high-quality coatings is expected to boost the application of epoxy resins. Epoxy resins consumption was estimated to be around 600 kilotons in 2015.

End-Use Insights

Flame retardants are used to reduce this risk of fire in a wide range of electronic products such as smartphones, laptops, refrigerators, TV sets, printed wiring boards, and vacuum cleaners. Rising disposable income is boosting the growth of electrical & electronics segment owing to which the demand for flame retardants is expected to be high in this application segment.

Construction end use segment is anticipated to grow at a CAGR of 6.8% over the forecast period on account of growing investments in developing countries. Fire safety and prevention is the primary concern of the consumers in construction, the demand is expected to grow rapidly over the forecast period.

Regional Insights

Asia Pacific was the major regional segment and accounted for over 45% of total volume in 2015. High demand from countries such as China, Japan, and India are benefitting the market growth. The upcoming electrical & electronics manufacturing hubs coupled with a positive outlook for construction sector is expected to drive the flame retardant market over the forecast period.

The growing pressure of regulatory agencies such as REACH and European Flame Retardant Association (EFRA) is driving the demand for these products in Europe. Europe consumed over 600 kilotons in 2015. The presence of a large number of end-use industries is expected to boost market growth in this region.

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Competitive Insights

Key industry players include BASF, Albemarle, Chemtura, ICL, Clariant International Ltd., Italmatch Chemicals, Huber Engineered Materials, DSM & Thor Group Ltd. Major industry participants have focused their efforts on the acquisition of local companies to increase their global footprint. Companies are investing heavily in product innovation to gain market share.

Market Segment:

Product Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

        • Halogenated Flame Retardants

                • Brominated FR

                • Chlorinated Phosphates

                • Antimony Trioxide

                • Others

        • Non Halogenated Flame Retardants

                • Aluminum Hydroxide

                • Magnesium Dihydroxide

                • Phosphorous Based

                • Others

Application Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

        • Polyolefins

        • Epoxy resins

        • Unsaturated Polyester

        • Polyvinyl Chloride

        • Engineering Thermoplastics

        • Rubber

        • Styrenics

        • Others

End-Use Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

        • Construction

        • Transportation

        • Electrical & Electronics

        • Others

Regional Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

        • North America

                • U.S

        • Europe

                • Germany

                • France

                • UK

        • Asia Pacific

                • China

                • Japan

                • India

        • Central & South America

        • Middle East and Africa

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Tunable Diode Laser Analyzer Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

September 06, 2021: The global tunable diode laser analyzer market was valued at USD 367.2 million in 2015. A tunable diode laser analyzer is a modern device which is used to diagnose the sample gas concentration. This calibrating device helps to identify the amount of carbon dioxide, water vapor, methane, and various gaseous mixtures with the help of irradiation of the sample by using light from a tunable diode laser.

Tunable diode laser analyzers are largely used to measure the composition of industrial emissions to detect harmful gasses which include oxides of carbon and nitrogen as well as oxygen and water. It uses accurate, and highly responsive measuring signals for process control systems thus helps to improve yields, safety, and energy efficiency in various industrial processes. TDLAs works by measuring the amount of light that is absorbed as it travels through the gas being measured. The absence of moving parts and sensor contact involved in the process leads the analyzers to have low rates of failures and a long-term low cost of ownership.

The key market driver for tunable diode laser analyzer is the increasing demand for the measuring harmful gasses in emissions and growing concerns with respect to the effects of gases which are hazardous in the areas such as mines and industries or gas and oil fields. Moreover, TDLAs are largely used across applications in hydrocarbon processing and power generation.

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Merchants are offering tunable diode analyzers which are compact and effectively serve to an area of industry applications. This optical analyzer measures the flue gas, process gas, analysis of analysis throughout downstream, upstream and midstream activities. However, high R&D costs, as well as the lack of awareness about such advanced technology, are expected to challenge the industry growth. The growth prospects of the industry may get hamper over the next eight years due to the low prices of competitive technologies for analyzing gas like evolved gas analyzers, and thermal & infrared gas analyzers.

Measurement type Insights

TDLAs market is segmented on the basis of methods such as In-situ and others. Others include extractive methods. TDLA detect and measures the concentration of gas even at a very low level of. Improved TDLAs give actual information about the chemical composition of gaseous composition with the help of in-situ measurements. Such in-situ measurement-type TDLAs gives greatly accurate and correct analysis; thus eradicating the need for extraction of the sample and its conditioning. The in-situ type is a market leader and accounts for 65%. In addition, it is anticipated to be a leading segment throughout the forecast period.

The extractive method involves extraction of a sample stream from the process and then transferring it to a conditioning system before its measuring and analyzing. There are very few cases where the sample was taken cannot be moved directly to an analyzer. It requires conditioning that may change the properties of sample gas thus leads to the errors in making process decisions. The above-mentioned issues and lack of accuracy in measurement associated with Extractive measurement methods are driving the adoption of the in-situ measurement method. Hence, it holds the major share in the market.

Application Insights

TDLAs have applications in an industry which include Oil & Gas, Cement, Healthcare, Paper & Pulp Chemicals, Fertilizers, Mining & Metal and Power.

The oil & gas industrial segment dominated the global TDLA demand and was valued at over USD 85 million in 2015 which can be associated with the rising demand for the complex hydrocarbon gas detection and low concentration gas detection across processing activities in petrochemical industry and oil fields.

TDLAs have applications in LNG plants and natural gas to easily detect and remove the moisture present in the gas streams between various processes. The measuring the moisture content is crucial for petrochemical companies to meet the quality specifications and to protect the corrosion of pipelines. In addition, TDLAs are also used for the detection of corrosive sulfur compounds in refineries, which may incur the high cost of operation and maintenance for the process infrastructure.

TDLAs application in the healthcare industry is expected to see a substantial growth in the demand over the next decade. The segment is estimated to grow the fastest at a CAGR of over 9% over the forecast period.

Regional Insights

Due to the increasing industrialization, the Asia Pacific region is anticipated to come as a predominant market which accounts for over 35% of the global demand for TDLA devices in 2015 and growing at a CAGR of over 10% over the forecast period.

Developing economies, such as China and India, are anticipated to see the growth in different industries which includes metal & mining, pulp & paper, power generation, and cement, which provides the base for the installation of TDLAs over the traditional analyzing devices. Stringent industrial emissions norms and regulations by the Environmental Protection Agency in the U.S. are expected to drive the demand for advanced TDLAs in the region.

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Competitive Insights

The market participants in the global tunable diode laser analyzer market include Yokogawa Electric Corporation, Servomex, Siemens AG, Honeywell International Inc., Sick AG, Emerson Process Management, ABB Ltd., Neo Monitors, Mettler Toledo, and Ametek Process Instruments. Among these ABB, Siemens and Yokogawa hold significant market share.

Market Segment:

Tunable Diode Laser Analyzer Measurement-Type Outlook (Revenue, USD Million, 2013 – 2024)

        • In-situ

        • Others

Tunable Diode Laser Analyzer Industrial Application Outlook (Revenue, USD Million, 2013 – 2024)

        • Power

        • Oil & Gas

        • Mining & Metal

        • Healthcare

        • Chemicals

        • Fertilizers

        • Paper & Pulp

        • Cement

        • Others

Tunable Diode Laser Analyzer Regional Outlook (Revenue, USD Million, 2013 – 2024)

        • North America

        • Europe

        • Asia Pacific

        • RoW

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Liquefied Natural Gas (LNG) Market Statistics, Growth Prediction, Competitive Research And Outlook till 2025

August 25, 2021: The global Liquefied Natural Gas (LNG) Market is projected to reach US$ 20.6 billion by 2025 with a CAGR of 12.7% during the completion of the prediction period. Liquefied Natural Gas implies a collection of gases, largely of methane and additional gases for example Nitrogen, Propane, Butane, and Ethane. It has been chilled to a state of liquid. It is stored at a temperature of approx. -260° Fahrenheit, for the purpose of storing and transport. The size of natural gas, in the form of its liquid condition, is around 600 times lesser than the size of its gasiform state. This procedure makes it possible to carrying natural gas to the locations where the pipelines are not reachable.

Wherever the transportation of the natural gas, by way of pipeline, is not possible it is carried in its liquefying state, for a lengthier distance to those marketplaces, which are excessively far away from the areas of production and cannot be directly connected to the pipelines. The natural gas is able to be transported in specific tankers to the depots all over the world, in its compacted liquid form. At these stations, the liquefied natural gas is reverted to its gassy state and conveyed by way of pipeline to plants of power generation, supply companies, and industrialized customers.

Aimed at huge capacity marine transportation, liquefied natural gas is laden on ships having dual body. These are utilized for insulation and safety purposes together. When the ship reaches at the delivery harbor, liquefied natural gas is relieved of into finely protected storing tanks, and then again gasified for entering into the grid of pipeline circulation.

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It can, likewise be transported in lesser capacities, frequently over smaller marine distances. There is an increasing use of lesser scale deliveries of liquefied natural gas. These are, most frequently, completed utilizing the similar vessels on trucks and in transnational trade, particularly prepared with cryogenic containers.

This natural gas is utilized in a number of businesses comprising rotary kilns, manufacturing, fluid bed dryers, construction, sector of power generation, mining, food processing, furnaces, and dairy products. Apart from businesses, owing to low percentage of release of carbon, it is likewise utilized as an alternate fuel in a number of transportation methods for example vehicles run on natural gas, ships, trucks, and rails. It is likewise utilized by domestic consumers for the purpose of heating and cooking.

Drivers and Restraints:

The global liquefied natural gas market is estimated to propagate by way of increasing consumption of energy, increasing municipal inhabitants, growing demand for natural gas-powered automobiles, fast-tracking of financial development, and growing inclination for liquefied natural gas in emerging financial prudence.

Important inclinations and developments of this market comprise growing export of this natural gas, additions of capacities, mounting demand for liquefied natural gas bunkering, rolling developments, increasing commercial market and growing change in the direction of modular equipment.

Classification:

The global liquefied natural gas industry can be classified by End Users and Region. By End Users, it can be classified as Industrial, Power Generation, and others.

Regional Lookout:

By Region, the global LNG market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific has appeared as the most important area for the liquefied natural gas owing to growing capability of liquefaction and exports, along with growing imports by South Korea, China, and India.

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Companies:

Some of the important companies for liquefied natural gas market are Chevron Corporation, Exxon Mobil Corporation, British Petroleum Plc, Royal Dutch Shell Plc., CNOOC, China National Petroleum, Veresen Inc., Qatar Petroleum, Dominion Resources, Cheniere Energy, BG Group plc, Sinopec Group, Woodside Petroleum, Sempra Energy, Kinder Morgan, ConocoPhillips, Apache Corporation, and Qatar gas Operating Company.

Market Segment:

LNG Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

    • Power Generation

    • Transportation Fuel

    • Mining & Industrial Applications

LNG Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

        • Mexico

    • Middle East & Africa

        • UAE

        • Qatar

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