Asa Pacific Dominates the
Global Market for Radiation
Cured Products, Forecasts
TMR
The demand for radiation cured products (RCP) is mainly prompted by growing demand for environment friendly
applications and the growing wood
coatings market. Asia Pacific dominates
the global market for radiation cured
products. This report by Transparency
Market Research analyses estimates
and forecasts the radiation cured products demand on a global and regional
level for a six year period from 2013
to 2019, both in terms of volume and
revenue. The study also provides information on restraints, drivers and
opportunities along with the impact
on the overall market for the forecast
period. The report segments the market
based on application and region and offers estimates and forecast of the RCP
market for each segment.
The study analyzes the product value
chain beginning with feed stock material
up to end-use. In addition it also evaluates the market based on Porter’s five
forces model that analyzes the degree of
competition in the market by considering factors such as the bargaining power
of buyers and suppliers, threat from substitute products and new entrants. The
report includes a detailed competitive
landscape of the RCP market including
company market share analysis and the
profile of key market participants.
In this study the RCP market is segmented based on their type, application
and geography. The demand of each
product type and application of RCP in
terms of volume and revenue for each
region is forecasted in this report for the
period from 2013 to 2019.
The RCP market is segmented based
on application types as coatings, inks
and adhesives; and based on geography
into North America, Europe, Asia Pacific
and Rest of the World. The demand of
each application type of RCP in terms of
both revenue and consumption for each
of these regions is forecasted in this re-
port for the period 2013 to 2019.
Some of the leading manufacturers
profiled in this report include Ashland
Inc., BASF SE, Bayer MaterialScience,
Cytech Industries, and DIC Corporation
among others. These companies are pro-
filed in detail covering features such as
company overview, financial overview,
business strategies, SWOT analysis, and
recent developments.
TechNavio Reports Global
Automotive Coatings
Market to Grow
TechNavio’s analysts forecast the Global
Automotive Coatings, Adhesives, and
Sealants market will grow at a CAGR of
5.59 percent over the period 2013-2018.
One of the key factors contributing to
this market growth is the growing demand for various types of coatings. The
Global Automotive Coatings, Adhesives
and Sealants market has also been witnessing increasing demand from emerging economies. However, the rising raw
material costs could pose a challenge to
the growth of this market.
TechNavio’s report, the Global
Automotive Coatings, Adhesives, and
Sealants Market 2014-2018, has been
prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the Americas
and the APAC and EMEA regions; it also
covers the Global Automotive Coatings,
Adhesives, and Sealants market landscape and its growth prospects in the
coming years. The report also includes a
discussion of the key vendors operating
in this market.
The key vendors dominating this
space are 3M Co., DuPont , Henkel AG
& Co. KGaA, and PPG Industries Inc.
Global Antimicrobial
Coatings Market Forecast
to Reach $4,520.3 Mn by
2020
The global antimicrobial coatings mar-
ket is expected to reach $4,520.3 mil-
lion 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 in-
creasing 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 percent from 2014 to 2020.
•Surface modification coatings dominated the global market and as the
leading product segment, accounted
for 53.9 percent of total market volume in 2013.
• Global revenue for antimicrobial
powder coatings is expected to reach
$2,213.2 million by 2020, growing at
a CAGR of 13.2 percent from 2014
to 2020.
Indoor air quality emerged as the leading application market for antimicrobial
coatings and accounted for 26. 9 percent
of total volume in 2013. Global anti-microbial coating demand for medical
applications is expected to reach 151.6
kilo tons by 2020, growing at a CAGR
of 10.2 percent from 2014 to 2020.
North America dominated the global
market and accounted for 39 percent
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 percent from
2014 to 2020. European market revenue,
on the other hand is expected to reach
$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 percent of
global demand in 2013. CW
