Wednesday, 13 June 2018

U.S. Pigment Dispersion Market Is Witnessing Significant Growth Due To Increased Consumer Preference For Brightly Packaged Food Products Till 2025


The U.S. pigment dispersion market size is expected to reach USD 7.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.6% during the forecast period. Pigment dispersions are insoluble coloring agents used to impart color to various materials and can be classified into organic and inorganic types. Various pigment dispersions are available in the market and their choice depends on specific applications desirable in end-use industries.

Pigment dispersions contain at least one chemical compound, which absorbs and reflects light in order to impart color to various substrates used. Inorganic pigments constitute titanium dioxide, iron oxide, chrome green, ultramarine blue, carbon black, and others. Inorganic pigments are the widely preferred in various end-use industries as they are abundantly available and inexpensive. However, some inorganic pigments such as lead chromate are considered hazardous upon consumption.




Among inorganic pigments, titanium dioxide is widely used for imparting white color to food packaging materials such as plastic, paper, and paperboard. Though titanium dioxide and iron oxide are synthetically produced, they are considered non-toxic in many food substance contact applications.

Demand for pigment dispersions is growing on account of increasing food processing industries for aesthetic packaging material as well as rising use of plastic, paper, and paperboard materials in food packaging.

To tap into the existing growth potential, various manufacturers such as BASF Corporation, The Chemours Company, and Tronox Limited have strengthened their presence in the market. Manufacturers such as Lanxess Corporation USA and BASF Corporation are offering a diverse range of pigments that impart yellow, red, and green color to plastic and paper packaging materials.

Browse full research report on U.S. Pigment Dispersion Market: www.grandviewresearch.com/industry-analysis/us-pigment-dispersion-market
           
Further key findings from the study suggest: 
                                    
  • Titanium dioxide is the most commonly used white inorganic pigment in U.S. It is a white powder used in various applications such as plastics, paints and coatings, paper, printing inks, and automotive products, which require brightness and high opacity properties. In terms of revenue, titanium dioxide is expected to exhibit a CAGR of 4.4% from 2017 to 2025
  • Iron oxide is the second largest segment, accounting for a volume share of 31.69% in 2016. Demand for the same is expected to continue increasing over the forecast period
  • Inorganic pigments are employed in food packaging applications, specifically in plastic and paper and paperboard packaging. Inorganic pigments in the plastic industry accounted for a revenue share of 27.22% in 2016
  • Optical properties such as high opacity, tinting strength, and color imparting are of key importance to pigments used in the paper industry. Standard papers require low opacity and whiteness, whereas decorative papers require high opacity and weathering properties.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks                                                                                                                                                                                                            
Grand View Research has segmented the U.S. pigment dispersion market on the basis of type and application:

U.S. Pigment Dispersion Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Inorganic Pigments
    • Calcium Carbonate
    • Titanium Dioxide
    • Iron Oxide
    • Carbon and Vegetable Black
    • Ultramarine Blue
    • Chrome Green
  • Organic Pigments
  • Others
U.S. Pigment Dispersion Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Plastic
    • Packaging
      • Plastic Food Packaging
      • Plastic Coatings for Paper & Paperboard Food Packaging
      • Other Packaging
    • Others
  • Paper & Paperboard
    • Paper & Paperboard Food Packaging
  • Inks

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/us-pigment-dispersion-market-analysis                                                                                                                                                                             
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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Monday, 11 June 2018

Formaldehyde to Observe Strong Development by 2020


The global formaldehyde market is expected to reach USD 21.03 billion by 2020, according to a new study by Grand View Research Inc. Growth in furniture and construction industry along with increasing concentration in Asia Pacific is expected to be a key driver for the market over the next six years. Fluctuating raw material prices coupled with the increasing consumer awareness regarding harmful effects of formaldehyde is expected to be a major challenge for the market over the forecast period. In addition, stringent environmental regulations, imposed by REACH on formaldehyde emissions from wood products are expected to further hinder the growth of the market.

Browse full research report on Formaldehyde Market: www.grandviewresearch.com/industry-analysis/formaldehyde-market     

Further key findings from the study suggest:         
                            
  • UF Resins dominated the application market in terms of revenue and volume, accounting for over 39% of global market volume in 2013. PF resins are expected to be fastest growing application segment, at an estimated CAGR of 7.1 % from 2014 to 2020. Growing consumption of phenol formaldehyde in automotive and construction industry as insulation foams and binders is expected to augment demand. In addition, increasing demand for PF resins from the oil and gas industry is expected to further fuel the formaldehyde market.
  • Construction was the largest end use market for formaldehyde, with demand in excess of 23 million tons in 2013. Formaldehyde is extensively used in construction materials such as cabinet doors, medium density fiberboards and strand boards resulting in high demand from the segment.
  • Asia Pacific was the largest regional market for formaldehyde, accounting for revenue of USD 6.74 billion in 2013 owing to increased production of textile, automotive and cosmetics. Emerging markets in Latin America, Middle East and Africa are expected to show combined growth at an estimated CAGR of 6.4 % from 2014 to 2020.
  • Global formaldehyde market is highly fragmented with top four companies accounting for less than 15% of global revenue in 2013. Key industry participants include Dynea Oy, Bayer AG, Celanese Corporation, and BASF SE, Formox AB, Georgia Pacific Corporation, Momentive Specialty Chemical Inc. and Huntsman Corporation.
Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/organic-chemicals-and-compounds                                                                                                                                                     Grand View Research has segmented the formaldehyde market on the basis of application, end use and region:

Global Formaldehyde Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
  • UF Resins
  • PF Resins
  • MF Resins
  • Polyacetal Resins
  • Pentaerythritol
  • Methylenebis (4-phenyl isocyanate) (MDI)
  • 1,4-butanediol
  • Others
Global Formaldehyde End Use Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
  • Construction
  • Others (automotive, aircraft, healthcare, clothing)
Global Formaldehyde Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-formaldehyde-market                                                                                                                                                                      
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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Tuesday, 5 June 2018

Plating on Plastics Market To Reach $777.27 Million By 2025: Grand View Research, Inc.


The global plating on plastics market is expected to reach USD 777.27 million by 2025, according to a new report by Grand View Research, Inc. Rising applications in automotive and electronics industry has been a major factor driving the market growth. POP involves plating a metal such as chrome, nickel and others onto a polymer substrate. It is done in order to deliver functional and decorative benefits to the resin. 

Plating ability has an inverse relation with the chemical resistance of the polymer substrate, which means higher the chemical resistance, the more difficult it is to plate. Thus, manufacturers prefer ABS for plating. ABS was estimated as the largest plastic category in 2016 and is expected to grow substantially over the forecast period. Other popular plastic types include ABS/PC, PBT, PEEK and others. 


U.S. POP market revenue by plating, 2014 - 2025 (USD Million)


Applications in electronics are expected to register the fastest growth over the next eight years with an estimated CAGR of around 8.1% from 2017 to 2025. Added benefits of metal to the plastic substrate enhance the overall strength, aesthetic appearance and corrosion resistance of the product. The finished product is light weight and is ideal to be used in automotive, electronics and other end use industries. Increasing environmental concerns and need for cheaper light weight vehicles is posing higher demand for POP market. The application areas of POP are also expanding in utilities, medical devices and consumer goods owing to their wide benefits.

Browse full research report on Plating on Plastics Market: www.grandviewresearch.com/industry-analysis/plating-on-plastics-pop-market                                  
Further key findings from the study suggest:    
                 
  • The global POP demand reached USD 411.6 million in 2016 and is expected to grow at a CAGR of 7.3% from 2016 to 2025. ABS emerged as the largest plastic segment in 2016 and is estimated to generate revenue over USD 580 million by 2025
  • Global demand in automotive segment was USD 311.4 million in 2016 and is anticipated to witness substantial growth over the next eight years. The U.S. market in automotive segment was estimated at USD 48.7 million in 2016 and is projected to reach a total revenue of over USD 86 million by 2025
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the processed automotive & electronics segment. This region is expected to grow at a CAGR of 8.2% from 2017 to 2025
  • Key players including Atotech, Cybershield, Dow Chemical and Sharrets Plating Inc. dominated the global plating on plastics market

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks                                                                                                                                                                                             
Grand View Research has segmented the global POP market on the basis of plating type, plastic type, application and region

Plating Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Chrome
  • Nickel
  • Others
Plastic Type Outlook (Revenue, USD Million, 2014 - 2025)
  • ABS
  • ABS/PC
  • PEI
  • PBT
  • LCP
  • PEEK
  • PP
  • Nylon/Polyamide
Application Outlook (Revenue, USD Million, 2014 - 2025)
  • Automotive
  • Building & Construction
  • Utilities
  • Electronics
  • Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-plating-on-plastics-pop-market                                                                                                                                                           
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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com