Hydrophilic Coatings Market Is Expected To Witness Growth Owing To Rising Application Scope In Industries Including Automotive And Medical Till 2025: Grand View Research, Inc.

The global hydrophilic coatings market size is projected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. The demand for the product is expected to grow significantly over the forecast period, driven by the rising application scope in industries including automotive, medical, optical and aerospace.

Rising development of medical infrastructure in developing economies in Asia Pacific is expected to drive the demand for the compound over the forecast period.The rising consumer spending capacity, along with growing geriatric population in developed countries, is expected to augment the demand for improved medical facilities and practices. In addition, increasing demand for vehicles and rising penetration of the product in other end-use industries such as aerospace and marine are expected to have a positive impact on growth.

Growing consumer awareness regarding the diversified characteristics of hydrophilic coatings, including durability, low friction coefficient and low particulate count, is expected to aid market growth for the coatings in the medical industry. As a result, the demand for the product is expected to rise over the next nine years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/hydrophilic-coatings-market

Further key findings from the report suggest:

• Polymers accounted for the largest market in 2015, which was valued at over USD 3 billion in 2015.The increasing utilization of polymers in manufacturing automotive parts and medical equipment, including catheters and guidewires, is expected to drive the industry demand.
• The utilization of hydrophilic coatings for metal and glass substrates is expected to grow owing to the increasing application of the metal in end-use industries, including aerospace and automotive. The increasing utilization of glass substrates in construction and automotive industries is expected to aid market growth over the forecast period.
• The demand for hydrophilic coatings in medical devices & equipment is expected to witness significant growth owing to the increasing application in catheters, guidewires and other medical devices.
• Asia Pacific is expected to be the fastest-growing market, growing at a CAGR of over 6% from 2016 to 2025.Increasing production of medical devices in the region, coupled with rising investments in medical infrastructure expansion, is expected to propel demand.
• High production volume in China and Japan is expected to drive industry growth for the coatings over the next nine years. The rising number of infrastructure development projects and the growing manufacturing industry are expected to aid the growth for the product in India.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the hydrophilic coatings market on the basis of substrate, application and region:
 

Substrate Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)

·         Polymers

·         Glass

·         Metal

·         Nanoparticles

·         Others

Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)

·         Aerospace

·         Automotive

·         Marine

·         Medical devices & equipment

·         Optical

·         Others

Regional Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

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.

For More Information Visit - http://www.grandviewresearch.com/

Solvent Market Demand Was 18,303.2 Kilo Tons In 2013 And Is Expected To Reach 22,973.4 Kilo Tons By 2020: Grand View Research, Inc.

The Global Solvent Market is expected to reach USD 31.63 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for industrial solvents from pharmaceuticals and paints & coatings industry is expected to remain a key driving factor for the global market. Additionally, high infrastructure spending and positive industrial outlook in the emerging markets of Asia Pacific and Latin America is further expected to fuel solvent demand over the next six years.

Alcohol based solvents emerged as the leading product segment and accounted for 29.8% of total market volume in 2013. Along with being the largest product segment, alcohol based solvents is also expected to be the fastest growing products, at an estimated CAGR of 3.5% from 2014 to 2020. Alcohol based solvents were followed by hydrocarbons which are expected to exceed a market worth USD 8 billion by 2020.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/solvent-market

Further key findings from the study suggest:

• The global market for solvents was 18,303.2 kilo tons in 2013 and is expected to reach 22,973.4 kilo tons by 2020, growing at a CAGR of 3.3% from 2014 to 2020.
• Paints & coatings were the largest application segment for solvents and accounted for over 60% of total market volume in 2013. Along with being the largest application segment, paints & coatings are also expected to be the fastest growing application for solvents, at an estimated CAGR of 3.6% from 2014 to 2020. Growth of global paints and coatings industry is expected to drive the demand for solvents over the next six years.
• Asia Pacific continued its dominance in the global market and accounted for over 40% of total market volume in 2013. In addition of being the largest market, Asia Pacific is also expected to be the fastest growing regional market for solvents at an estimated CAGR of 3.7% from 2014 to 2020.
• The global market for solvents is moderately fragmented with top four companies including Dow Chemicals, Shell Chemicals, ExxonMobil and British Petroleum (BP) accounting for just over 45% of total market in 2013. Some other companies operating in the global market include BASF, Sasol Solvents, Celanese Corporation, Ashland Inc., Eastman Chemical Company and Solvay SA.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals

For the purpose of this study, Grand View Research has segmented the solvent market on the basis of product, application and region:

    • Global Solvent Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Alcohols
            • Hydrocarbons
            • Ketones
            • Esters
            • Chlorinated
            • Others (including glycols and soy oil)
    • Global Solvent Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Paints & Coatings
            • Printing Inks
            • Pharmaceuticals
            • Cosmetics & Adhesives
            • Other (Deicing, Cleaning Agent)
    • Global Solvent 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.

For More Information Visit - http://www.grandviewresearch.com/

Specialty Pulp And Paper Chemicals Market To Represent USD 25.71 Billion Opportunity Globally by 2020: Grand View Research, Inc.

Global Specialty Pulp And Paper Chemicals Market is expected to reach USD 25.71 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for specialty paper is expected to be a key driver for the market over the forecast period. Technology innovation, focusing on sustainable processes to minimize environmental impact is expected to be a critical factor for market development over the next six years.

Functional chemicals were the largest product segment with market revenue of USD 10.23 billion in 2013. Surging demand for pigmented, dyed and coated paper in industrial, consumer and art applications is expected to drive functional chemical demand over the forecast period. Bleaching chemicals were the second largest product segment with market revenue of USD 4.23 billion in 2013.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/specialty-pulp-paper-chemicals-market

Further key findings from the study suggest:

• Functional chemicals are expected to be fastest growing product segment, at an estimated CAGR of 4.7% from 2014 to 2020.

• Process chemicals are expected to follow functional chemicals in terms of growth at an estimated CAGR of 4.3% from 2014 to 2020. Process chemicals are used to expedite and increase the overall efficiency of the process used for specialty paper manufacturing.

• Europe was the largest market for specialty pulp and paper chemicals, accounting for 42.4% of market share in 2013. The market is expected to lose share to North America on account of mature paper market in Europe coupled with growing wood and pulp industry in the U.S. and Canada.

• Asia Pacific is expected to be fastest growing market, at an estimated CAGR of 7.1% from 2014 to 2020 on account of growing retail market in Japan. Indonesia, China, India coupled with expansion of pulp and paper industry in Indonesia, China and South Korea.

• Specialty pulp and paper chemicals market was consolidated, with key companies being BASF, Kemira, AkzoNobel, Ashland Hercules, Dow Chemicals, ONDEO Nalco accounting for 83.0% of market share in 2013.

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For the purpose of this study, Grand View Research has segmented the global specialty pulp and paper chemicals market on the basis of product and region:

    • Specialty pulp and paper chemicals Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Bleaching chemicals
            • Process chemicals
            • Functional chemicals
            • Basic chemicals
    • Specialty pulp and paper chemicals Regional Outlook (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.

For More Information Visit - http://www.grandviewresearch.com/

Waterborne Coatings Market Is Expected To Grow At A CAGR Of 6.0% From 2015 To 2022: Grand View Research, Inc.

The Global waterborne coatings market is expected to reach USD 146.11 billion by 2022, according to a new study by Grand View Research, Inc. Increasing construction and remodeling activities in emerging economies of Asia Pacific and Middle East is expected to drive waterborne coatings market growth over the next seven years. Waterborne coatings are widely used in interior & exterior paints, doors, trims and facades in architectural industry. Stringent government regulations in order to reduce volatile organic compounds (VOC) emissions associated with solvent based coatings are projected to propel market growth. Increasing automobile production in countries such as India, China, Thailand, Indonesia and Mexico has also prompted the demand for waterborne coatings.

Acrylic resins were the most dominant resin in waterborne coatings and accounted for over 80% of total market volume in 2014. They find wide application scope in end-use industries such as infrastructure and automotive refinishes owing to exterior durability coupled with low production cost. Polyurethane (PU) is expected to emerge as fastest growing resin at an estimated CAGR of 7.5% from 2015 to 2022. Superior PU properties over other resins are expected to drive its demand over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/waterborne-coatings-market

Further key findings from the study suggest:

• Global waterborne coatings market demand was 20.54 million tons in 2014 and is expected to reach 32.71 million tons by 2022, growing at a CAGR of 6.0% from 2015 to 2022.
• Architectural was the largest application segment and accounted for 86.5% of the total market volume in 2014. Automotive OEM is anticipated to be the fastest growing application segment at a CAGR of 8.1% from 2015 to 2022.
• Europe emerged as the largest regional market and accounted for 38.6% of global consumption in 2014. Stringent environmental regulations to minimize the use of solvent borne coatings are expected to drive the regional market over the forecast period.
• Asia Pacific is expected to witness the highest growth of 7.9% from 2015 to 2022. Increasing infrastructure activities in India, China and Indonesia is expected to drive the regional market. Asia Pacific is expected to surpass Europe to become the leading consumer by 2022.
• Global waterborne coatings market is moderately consolidated with presence of large multinational corporations. Some of the major companies operating in the global market include BASF, Berger Paints India Ltd., Kansai Paint Company Ltd., Axalta Coatings Systems LLC, and Nippon Paint Holdings Company LLC. Other prominent industry participants in global market comprise of  RPM International, PPG Industries Inc., Akzo Nobel NV, The Valspar Corporation, The Sherwin-Williams Company and Tikkurila Oyj.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

For the purpose of this study, Grand View Research has segmented the waterborne coatings market on the basis of resin, application and region:

Global Waterborne Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Acrylic

·         Polyurethane (PU)

·         Epoxy

·         Alkyd

·         Polyester

·         Polytetrafluoroethylene (PTFE)

·         Polyvinylidene Chloride (PVDC)

·         Polyvinylidene Floride (PVDF)

·         Others

Global Waterborne Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Architectural

·         General Industrial

·         Automotive OEM

·         Metal Packaging

·         Protective Coatings

·         Automotive Refinish

·         Industrial Wood

·         Marine

·         Coil

·         Others

Global Waterborne Coatings Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    France

o    UK

·         Asia Pacific

o    China

o    Japan

o    India

·         Central & South America

·         Middle East & Africa

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.

For More Information Visit - http://www.grandviewresearch.com/