Thursday 26 November 2015

Antimicrobial Coatings Market Analysis, Size, Share, Growth To 2020 by Grand View Research, Inc.



The global antimicrobial coatings market is expected to reach USD 4,520.3 million by 2020, according to a new study by Grand View Research Inc. Growing demand for medical device coatings is expected to remain a key market driver over the next six years. In addition increasing market penetration of indoor air quality products, mainly in the U.S. is also expected to have a positive impact on the market over the forecast period.
Stringent regulatory scenario, primarily in Europe and U.S. on account of increasing health concerns and the issues and costs associated with product registration is expected to remain a key challenge for the industry participants over the next six years. Additionally, volatile prices of silver and other raw materials are also expected to have a dampening effect on market profitability.
Further key findings from the study suggest:
  • Global antimicrobial coating market volume was estimated at 310.3 kilo tons in 2013 and is expected to reach 589.8 kilo tons by 2020, growing at a CAGR of 9.8% from 2014 to 2020.
  • Surface modification coatings dominated the global market and as the leading product segment, accounted for 53.9% of total market volume in 2013. Global revenue for antimicrobial powder coatings is expected to reach USD 2,213.2 million by 2020, growing at a CAGR of 13.2% from 2014 to 2020.
  • Indoor air quality emerged as the leading application market for antimicrobial coatings and accounted for 26.9% of total volume in 2013. Global antimicrobial coating demand for medical applications is expected to reach 151.6 kilo tons by 2020, growing at a CAGR of 10.2% from 2014 to 2020.
  • North America dominated the global market and accounted for 39% of total market volume in 2013. North America along with being the largest market is also expected to be the fastest growing market for antimicrobial coatings, at an estimated CAGR of 10.6% from 2014 to 2020. European market revenue, on the other hand is expected to reach USD 1,043.9 million by 2020.
  • The global antimicrobial coatings market is moderately concentrated with top four participants including AkzoNobel NV, Sherwin-Williams, Dow Microbial Control and Diamond Vogel accounting for over 40% of global demand in 2013.
For the purpose of this study, Grand View Research has segmented the antimicrobial coatings market on the basis of product, application and region:
Global Antimicrobial Coatings Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • Antimicrobial Powder Coatings
                    • Silver
                    • Others
            • Surface Modifications and Coatings
                    • E.Coli
                    • Listeria
                    • Pseudomonas
                    • Others
Global Antimicrobial Coatings Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • Indoor Air Quality
            • Mold Remediation
            • Medical
            • Antimicrobial Textiles
            • Construction
            • Food
            • Others
Antimicrobial Coatings Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Butane Market To 2020 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.



Global Butane Market is expected to reach USD 203.26 billion by 2020, according to a new study by Grand View Research, Inc. Increasing government support to promote the use of LPG as a domestic fuel particularly in Asia Pacific and Africa is expected to remain a key driving factor for global butane market over the next six years. Growth of global natural gas vehicle (NGV) industry is also expected to have a positive influence on the market growth. Rapid petrochemical capacity expansion particularly in Middle East and Asia Pacific is expected to further support the market growth over the forecast period. Volatile raw material prices and ban on MTBE based gasoline blending across several states in the U.S. on account of ground water contamination is expected to remain key challenges for market participants.
LPG emerged as the leading application segment in the global butane market and accounted for 66.1% of total volume in 2013. Increasing LPG adoption on account of subsidies offered by governments particularly in India and China is expected to drive butane demand for LPG. Petrochemical is expected to witness highest growth rate over the forecast period. The segment is expected to grow at an estimated CAGR of 2.9% from 2014 to 2020. Emergence of Middle East as a major petrochemical manufacturing hub is expected to drive butane demand for petrochemical applications.
Further key findings from the study suggest:
  • Global butane demand was 209.39 million tons in 2013 and is expected to reach 250.36 million tons by 2020, growing at a CAGR of 2.6% from 2014 to 2020.
  • Residential/commercial was the leading application segment for LPG and accounted for over 45% of total market volume in 2013. Auto fuel is expected to witness highest growth rate over the next several years on account of shift in consumer preference towards natural gas vehicles. This shift has been primarily driven in countries such as Poland, Turkey, South Korea and Japan.   
  • Asia Pacific dominated the global butane market and accounted for 29.9% of total volume in 2013. Asia Pacific is also expected to witness highest growth over the forecast period. Butane demand in the region is expected to grow at a CAGR of 3% from 2014 to 2020. Increasing LPG consumption for cooking & lighting in emerging markets of China and India is anticipated to drive the regional market over the next several years. MENA (Middle East & North Africa) is also expected to show significant growth rate over the forecast period owing to expansion of operating refineries and petrochemical complexes in Saudi Arabia, UAE and Qatar.
  • The global butane market is highly fragmented with top four companies accounting for just over 35% of total market. The market is dominated by top oil & gas companies which have their presence across the value chain. Some of the key companies operating in the global butane market include Chevron, British Petroleum, Exxon Mobil ConocoPhillips, Royal Dutch Shell, Sinopec, Valero Energy, Total SA and CNPC.
For the purpose of this study, Grand View Research has segmented the butane market on the basis of application and region:
Global Butane Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2012 – 2020)
    • Liquefied Petroleum Gas (LPG)
            • Residential/Commercial
            • Chemical/Petrochemical
            • Industrial
            • Auto Fuel
            • Refinery
    • Petrochemicals
    • Refinery
    • Others
Global Butane Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2012 – 2020)
    • North America
    • Europe
    • Asia Pacific
    • Middle East & North Africa
    • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research                          


Bitumen Market Share, Forecasts 2014 To 2020: Grand View Research, Inc.



The global market for bitumen is expected to reach USD 95.77 billion by 2020, according to a new study by Grand View Research, Inc. Bitumen is primarily used in road construction activities and increased road development in high growth markets of India, China and Brazil is expected to be a key driver for the growth of the market.
Roadway constructions were the major consumers of bitumen in 2013, accounting for over 80 million tons of global consumption. Other key applications include waterproofing, insulation and adhesives. Water proofing is expected to be the fastest growing application market for bitumen, at an estimated CAGR of 2.9% on volume basis, primarily on account of improved Polymer Modified Bitumen (PMB) quality in water resistance. Environmental issues associated with the extraction of bitumen from oil sands are expected to remain a key challenge for the growth of the market in the near future. 
Further key findings from the study suggest:
  • Global bitumen consumption is expected to reach 135.07 million tons by 2020, growing at a CAGR of 2.7% from 2014 to 2020.
  • The improvement in technology with regards to transportation war mix asphalt from Canada is expected to present market participants with growth opportunities over the next six years.
  • North America was the largest regional market for bitumen; with demand estimated at over USD 21.0 billion in 2013 and is expected to remain the leader over the next six years. The region is expected to be a key market, owing to the vast network of roads in the regions coupled with the implementation of MAP – 21 (Moving Ahead for Progress in 21st Century Act) which funds road development program for the U.S. over the next two years.
  • China and Asia Pacific are expected to outpace North America in terms of growth on account of the rapid infrastructure development in India, South Korea and China. The governments of these countries have special focus on road construction activities in their current five year plans, with the Chinese construction spending expected to grow at a CAGR of nearly 4.0% from 2014 to 2020.
  • The global bitumen market is fragmented with the top four companies accounting for less than 25% of the global market share. This is largely due to the logistic issues associated with bitumen making the presence of large number of domestic manufacturers inevitable.
For the purpose of this study, Grand View Research has segmented the global bitumen market on the basis of application, product and region:
Bitumen Application Outlook (Volume, Million tons; Revenue, USD Billion, 2012 - 2020)
            • Roadways
            • Adhesives
            • Waterproofing
            • Insulation
            • Others
Bitumen Regional Outlook (Volume, Million tons; Revenue, USD Billion, 2012 - 2020)
            • North America
            • Europe
            • China
            • Asia Pacific (excluding China)
            • RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States           
Phone:  1-415-349-0058
Toll Free:  1-888-202-9519
Email:  sales@grandviewresearch.com 
Website:  Grand View Research