Decorative Laminates Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

The global decorative laminates market size is anticipated to exceed 12 billion square meters by 2024. It can register a CAGR above 5.5% from 2016 to 2024 (forecast period). Decorative laminates not only provide a beautiful finish to surfaces but also enhance their lifespan. Consumers are exposed to a broad range of decorative laminates nowadays. They are available in various designs, textures, and colors. They protect furniture surfaces from wear & tear, fire, and scratches. Melamine, phenol, formaldehyde, methanol, kraft paper, and base paper among others are some of the main raw materials used in the manufacture of these laminates.

Demand is driven by low installation costs and low maintenance costs. Consumers these days show greater preference for decorative laminates over wooden floorings. Also, rising income levels coupled with the trend of home renovations & interior decoration can propel the global Decorative Laminates Market in the forthcoming years. The trend of designer interiors in indoor sports clubs, gyms, and convention centers could create opportunities for further growth. Stiff competition and the availability of affordable substitutes can hamper overall demand for decorative laminates.

Browse Details of Report @ https://www.hexaresearch.com/research-report/decorative-laminates-market

Products, applications, and regions are the three main factors based on which the worldwide decorative laminates industry is segmented. On the basis of products, the industry is fragmented into HPL (high pressure laminates), LPL (low pressure laminates), and edgebanding. Unlike, HPL, LPL have shorter lifespan. This is because high pressure laminates are made of phenolic resin and kraft paper which makes them durable and quite strong. HPL are mainly used for floorings, desktops, and countertops. Since low pressure laminates are quite affordable, they are usually purchased by the lower income groups.

Based on applications, the worldwide Decorative Laminates Market is categorized into flooring, furniture, cabinets, and wall panels. The highest share in the overall industry is held by the furniture & cabinets segment. The popularity of ready-to-fix furniture for residential & commercial applications is expected to drive the market in the years to come. Demand for wall panels & floorings from end users, such as shopping malls, colleges, airports, offices, hotels, and hospitals, is projected to rise substantially.

As per regions, the global decorative laminates market is segmented into Asia Pacific, Europe, North America, and the Middle East & Africa. The overall market was led by Asia Pacific in 2015. Surging income levels & standards of living in countries, such as China and India are factors that drive this regional market. High expenditure on non residential & residential construction in Indonesia and India may augment the Asia Pacific market in the forecast period.

High concentration of laminate furniture & flooring manufacturers in Europe is a key factor that is expected to fuel the Europe market from 2016 to 2024. High investments by the U.K. government in infrastructure can fuel regional demand. Another noteworthy factor that fuels the North America market is rapid industrialization. The prospering real estate & hotel industries in the UAE and in South Africa may make the MEA a very lucrative market during the forecast period. Companies in the global decorative laminates industry are Wilsonart International, Kronospan Holdings, Kingboard Holdings, Armstrong World Industries, and FunderMax.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/paints-coatings-and-printing-inks-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Visit Our Blog: hexaresearch1.blogspot.com

Alkyl Polyglucosides (APG) Biosurfactants Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

The global alkyl polyglucosides (APG) biosurfactants market stood over USD 480 million in 2015. It is expected to reach USD 791 million by 2024, at more than 5.5 % CAGR during the forecast period (2016 to 2024). Awareness about the probable health hazards of inorganic & conventional surfactants along with rising adoption of sustainable products should drive the industry in the next eight years. Besides, biological concerns regarding synthetic surfactants are the key market propeller.

European & North American customers depend on products that are obtained from renewable resources. The same is done to avoid ecological damage from petroleum-derived products. Abundant availability of renewable raw materials; like corn starch, fatty alcohols etc.; is projected to favor the market. The worldwide industry price trend is said to be steady in the near future. This is credited to rise in accessibility to raw materials, the penetration of APG biosurfactants, & scale of economy.

Major end-users of the alkyl polyglucosides (APG) biosurfactants market are personal care, household detergents, industrial cleaners, agricultural chemicals, and cosmetics. Household detergents dominated in the recent past and can grow stably till 2024. Their properties including low toxicity and superior foaming make them more desirable.

Browse Details of Reports @ https://www.hexaresearch.com/research-report/alkyl-polyglucosides-apg-biosurfactants-market 

Natural surfactants possess excellent wetting and emulsifying features as against their synthetic counterparts. Their broader adoption and favorable regulations are predicted to influence price developments and market penetration.

However; less consumer awareness, specifically across Latin America and Asia-Pacific, coupled with the availability of cheaper substitutes may act as an industry challenge. Customers in these two regions are price-conscious, as surfactants here are accessible at competitive prices. High feedstock prices also affect industry profitability.

Demand from other end-users, like downstream renewable chemicals and biofuels, should prevent market growth. Customers expect products to be bio-friendly, effective, and superior. All these factors compel manufacturers to develop cost-effective technologies & boost their existing production capacities (to cater to various end-users).

Geographically, the European APG biosurfactants market reigned over the recent past. This region is anticipated to experience steady gains from 2016 to 2024. Growth of its cosmetic & personal care industries; particularly in France, the U. K., and Germany; along with preference for products with natural ingredients will propel regional demand.

North America can observe considerable gains over the next few years. Its nations, such as the United States and Canada, are trying to substitute synthetically-derived surfactants with renewable products. For example, there is wider demand to substitute linear alkyl benzene with alkyl polyglucosides in detergents.

The Asian Pacific market is cost-sensitive and reported to witness significant expansion. Increasing ‘middle-class’ disposable incomes and growth across end-users; like cosmetics & personal care, may boost regional demand.

Key companies operating in the worldwide alkyl polyglucosides (APG) biosurfactants market comprise BASF Cognis; E. I. du Pont de Nemours and Company; LG Household & Health Care; Shanghai Fine Chemical and Henkel Co. Ltd.; and BASF S. E.. The industry is consolidated by nature. Its five best firms captured over 80% shares in 2013. ‘BASF Cognis’ was the biggest ‘biosurfactants’ manufacturer in 2013. It occupied over 20 % shares the same year.  

Browse Related Category Market Report @ https://www.hexaresearch.com/research-category/organic-chemicals-industry  

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Polymethyl Methacrylate (PMMA) Market Share, Analysis, Growth, Industry Trends And Forecasts, 2012 To 2020: Hexa Research

A recent study by Hexa Research reveals that the global polymethyl methacrylate (PMMA) market will experience growth at a CAGR of more than 6% from 2013 to 2020. Emerging economies of China and India are giving rise to industries like electronics, signs and displays and automotive, all of which are consumers of polymethyl methacrylate. Moreover, ongoing research in the area of bio-based PMMA and newer application areas of optical grade PMMA such as coatings and emulsions, medical and healthcare, solar power, etc. will propel market growth in future. Other upcoming applications of PMMA are expected to be in industries like sanitary ware, apparel, furniture, etc.

Browse Details of Report @ http://www.hexaresearch.com/research-report/polymethyl-methacrylate-industry/

Based on product type, Hexa Research divides the total PMMA industry into extruded sheets, pellets, beads and cell cast sheet & blocks. Extruded sheets dominated the global market with more than 54% volumes in 2012. The market for beads will grow fastest with a CAGR of more than 6.9% from 2013 to 2020, mainly due to high demand from coatings and emulsions industry. The largest application segment for global PMMA market in 2012 was signs and display. It contributed to more than 35% of the total market volumes. However, electronics industry will prove to be the fastest growing application area in future with a CAGR of more than 7.6%. This will be mainly due to rising demand for LED flat panels and TV screens.

Asia Pacific, with more than 65% of the total demand, was the regional market leader in 2012. It is also foreseen to be the fastest growing region with expected CAGR of 7.3% from 2013 to 2020. Strong electronic base in Taiwan, China, South Korea, etc. coupled with relaxed regulations and low-cost resources like labor, technology, etc. make Asia Pacific a lucrative market for PMMA. While Europe will experience moderate growth, Middle East, Africa and Latin America will exhibit above-average growth of PMMA.

Hexa Research identifies Chi Mei Corporation, Mitsubishi Rayon, Evonik SA, and Altuglas International to be the four leading manufacturers of PMMA. These players were responsible for more than 70% of the total global PMMA production in 2012.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research

Conformal Coating Market Analysis, Share, Size, Industry Trends and Forecast to 2024 | Hexa Research

The global conformal coating market is estimated to attain close to USD 16 billion by 2024. It stood at USD 9.7 billion in 2015. Industries, such as automotives and consumer electronics can propel this market from 2016 to 2024 (forecast period).

Conformal coatings are thin polymeric films which protect electronic components against chemicals and various other environmental effects. But these are used primarily on printed circuit boards (PCBs). Brush coating, spray application coating, and conformal coating dipping are the various ways in which these coatings are used. Selecting the right material for conformal coating can ensure the reliability of circuit boards in the long run.

Browse Details of Report@ https://www.hexaresearch.com/research-report/conformal-coating-market

Customization is the latest trend in the global industry. Companies these days develop 8-10 different versions of a particular coating material to meet the demands of various industries. However, fluctuating prices of raw materials may negatively influence market growth. Concerns regarding volatile organic compound (VOC) content in conformal coatings can also hamper worldwide demand. Most industry players focus on novel technologies to simplify the application procedure. They invest robustly in this area to reap long term benefits. Technologies such as ultrasonic coatings, selective coatings, and selective needle dispensing may catapult market demand over the forecast period.

The global conformal coating market is segmented on the basis of products, end-users, and regions. Based on products, the segments are parylene, urethane, silicone, epoxy, acrylic, and others. ‘Others’ consists of UV cure coatings. Acrylic conformal coatings accounted for over 40% shares in global revenues in 2015. Superior surface adhesion rate & moisture resistance exhibited by these coatings can fuel its demand over the next eight years. Silicone coatings are projected to display a CAGR below 6% in the forthcoming years. This segment is propelled by demand from manufacturing & industrial sectors.

End-users in the global conformal coating market are industrial, marine, consumer electronics, medical, automotive & transportation, aerospace & defense, and others. ‘Others’ includes military and telecommunications. Consumer electronics accounted for over 40% of overall market demand in 2015. Robust demand for computers, laptops, smartphones, and other household electronics is expected to positively impact the industry.

The automotive & transportation segment could expand at a CAGR above 4% during the forecast period. It uses conformal coatings to protect circuits from salt spray, brake fluid, and gasoline vapor in automobiles. They are also used extensively in passenger compartment systems and under the hood systems.

On the basis of regions, the global conformal coating market is divided into North America, South America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). With a revenue share exceeding 55%, APAC led the worldwide industry in 2015. China is the most lucrative region in APAC because of low raw material & labor costs.  High disposable incomes and lifestyle changes in APAC could boost industries, such as consumer electronics, aerospace, and medical. Such a trend may support the global market growth in the years ahead.

Key competitors operating in the global Conformal Coating Market are H. B. Fuller, Henkel AG & Co. KGaA, Dymax Corporation, and Chase Corporation. As a means to reduce transportation costs, most of these players procure raw materials directly from their local suppliers. Common market expansion strategies adopted by companies are product innovation and strategic business ventures. Dymax Corporation has launched a new conformal coating for PCBs and other electronic components. The product named ‘Multi-Cure 9-20557’ has been developed to stick on difficult-to-wet components made from silver or copper.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/paints-coatings-and-printing-inks-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

Biopolymer Films Market Growth, Trends and Forecasts to 2024 | Hexa Research

The global biopolymer films market is expected to exceed 17 million tons by 2022. It had a market demand of 5 million tons in 2013. This industry is driven by the preference for renewable materials in an attempt to reduce pollution. Bio-based polymers such as PTMT (polytrimethylene terephthalate), TPS (thermoplastic starch), PLA (polylactic acid), and PHA (polyhydroxyalkonoates) may reap favorable returns over the forecast period (2016-2024).

Biopolymers are polymers made from renewable sources. These are eco-friendly because they are derived from plant or animal sources. Moreover, they have the potential to reduce carbon emissions in the atmosphere. Demand for biopolymers stems from price competitiveness and regulations favoring commercial composting processes. High costs and supply side constraints could impede market growth. But it can be resolved if chemical companies collaborate with agribusiness companies to produce biopolymers.

Browse Details of Report @ https://www.hexaresearch.com/research-report/biopolymer-films-market

The worldwide biopolymer films market is fragmented according to products, applications, and regions. PLA, PHA, biodegradable starch blends, biodegradable polyesters are various products in the market. PLA had a market demand of over 300 kilotons in 2014. It is used in food applications which include hot seal overlays, twist wrap, and flow wrap. It exhibits properties, such as elasticity, stiffness, hardness, and impact strength akin to conventional thermoplastics.

Unlike polymers, PLAs can hold or retain creases just like paper and foil. This is a key factor that could stimulate market demand during the forecast period. PLA/Chitosan or PLA/Pectin based biopolymer films are mostly used in antimicrobial (AM) packaging. PLA/pectin composites are known to restrict growth of Lactobacillus plantarum, a food pathogen.

Based on applications, the global biopolymer films market is divided into flexible packaging, rigid packaging, automotive, textiles, consumer goods, agriculture & horticulture, and others. Flexible packaging could be the largest application segment in the forthcoming years. It would generate nearly 27 million tons by 2024, at over 3.8% CAGR during the forecast period. This segment may generate over USD 106 billion by 2024, growing at a CAGR above 4.2% over the next eight years.

Demand for flexible packaging will fuel industry demand for biopolymer films. Flexible packaging offers benefits, such as additional shelf life and preservation. Hence, it could witness high demand from pharmaceuticals and food & beverages.

Biopolymer films used in agriculture & horticulture are known as mulch films. They prevent the loss of humus and provide soils with appropriate amounts of carbon. Environmental concerns along with low labor costs will propel this segment. Innovation in mulch films and substantial government subsidies may result in increased demand.

Regions covered are Europe, Asia Pacific, North America, and Rest of the World (RoW). Europe and North America can expand significantly because of consumer awareness and regulations supporting the use of biopolymer films. With a strong market presence, Asia Pacific exhibits high growth potential in the worldwide biopolymer films market.

Key players in the global market are Toyota Tshuho Corporation, NatureWorks, Toray Industries, and Tagleef Industries. Toray Industries has developed a technology containing plasticizer bleeding. This ensures high stability in the event of external pressures. Such an innovation could lead to greater growth opportunities. Toyota Tshuho produces bio PET (polyethylene terephthalate) resins from sugarcane. Products made from this resin are currently replacing conventional PET products.

Browse Related Category Market Report @ https://www.hexaresearch.com/research-category/organic-chemicals-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research

Methyl Ethyl Ketone (MEK) Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

Methyl ethyl ketone (MEK) possesses characteristics of high evaporation rate, solvency, and viscosity. Its low boiling point coupled with its sweet smell of acetone and butterscotch will aid its market prospects. It is used in many industrial procedures, mainly  resins, cellulose nitrate, and cellulose gum.

The worldwide methyl ethyl ketone market is projected to surpass revenue figures by USD 3.26 million by 2024. It is primarily driven by demand of paints and coatings by home furnishing, infrastructure, and automotive sectors. Increasing demand from Asia Pacific and Latin American construction & automotive sectors will further fuel market growth. It is estimated to grow at a 4.6% CAGR over the forecast period (2016-2024).

Browse Details of Report with TOC @ https://www.hexaresearch.com/research-report/methyl-ethyl-ketone-mek-market

The global market is segmented according to applications and regions. Major market applications include paints & coatings, adhesives, printing inks, and others. Others are textiles, plastics, rubber-based industrial cement, PVC piping, chemical intermediaries, and cleaning agents.

Printing inks are the major application of the MEK market, due to its use as a solvent. Paint thinners & resins are used as solvents in the pharmaceutical industry. But paints & coatings will garner major market demand during the forecast period. Demand from the packaging and publishing industry will benefit the adhesives and printing inks sectors. Development of MEK will result in its use in commercial printings, books, and newspapers.

Regions covered under the market are Asia Pacific, North America, Europe, and RoW (Rest of the World). Asia Pacific currently leads the market, primarily driven by demand of paints & coatings by construction and manufacturing sectors. Europe will display an average growth due to health concerns regarding MEK. The U.S. will have a constant demand over the next eight years. Middle East & Africa is estimated to exhibit a CAGR exceeding 4% over the next eight years.

Prominent players of the methyl ethyl ketone market are Shell Chemicals, Maruzen Petrochemical Co Ltd., Petro China, and Arkema S.A. These players are currently involved in producing raw materials to remove any inconsistencies in the supply chain. For instance, Maruzen Petrochemicals has installed a new distillation system in their manufacturing plant to save energy costs as well as produce economically feasible MEK.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research