Tuesday, 15 January 2019

High Demand for Clean Drinking Water Technology can Surge UV Disinfection Equipment Market Growth over Next Few Years

16-January-2019: According to a report by Grand View Research, Inc., global ultraviolet (UV) disinfection equipment market is anticipated to value USD 6.42 billion by 2022. Growing requirement for clean and safe drinking water attributed to rising pollution and reducing freshwater resources is anticipated to propel demand for UV disinfection equipment. These equipment are likely to offer low environmental impacts and easy installation as compared to conventional chemical disinfection methods. Commercially these equipment are expected to be available in various specifications such as capacities and sizes depending upon their application.

Ultraviolet (UV) Disinfection Equipment Market


High demand for clean drinking water among consumers attributed to growing health concerns and awareness regarding benefits of technology can surge market growth over next few years.

Rising investments by governments across the globe to promote advanced water treatment technologies can fuel growth of market. Continual technological advancements in UV disinfection equipment by manufacturing companies in terms of design, efficiency, and installation can influence growth of market. Stringent government regulations imposed on wastewater recycling from industrial, commercial, and residential buildings can foster market growth over the forecast period (2012 to 2022).

Presence of low-cost alternative disinfection methods including ultrasonic treatment, chemical disinfection, and ozonation can hamper growth of market. However, growing adoption of UV disinfection equipment owing to its useful characteristics such as corrosion resistance, low environmental impact, and high efficiency can create lucrative opportunities of growth of market. 
 
The ultraviolet (UV) disinfection equipment market can be segregated on the basis of application and region. Based on application, the market can be categorized into air treatment, wastewater treatment, water treatment, process water treatment, and surface disinfection. In 2016, water treatment segment dominated the market and accounted for largest market share. In addition, wastewater treatment segment accounted for market share equivalent to USD 442.2 million. Rapid growth of textile, chemical, and oil & gas sectors in emerging economies is expected to generate large quantities of wastewater. Rising investments in wastewater treatment by public and private bodies globally can drive growth of market.

Similarly, air treatment segment is likely to contribute well to market share over the forecast period attributed to growing concerns regarding health and safety among consumers. In addition, growing number of R&D activities to control airborne diseases such as Ebola and swine flu can create new opportunities for product over next few years.

Regional segmentation includes Europe, North America, Asia Pacific, and rest of the world. In 2016, North America dominated the market and accounted for 40.5% of global market share. Increasing use of technology in water & wastewater treatment and food & beverage sectors can fuel growth of market in the region. Environmental protection agency (EPA) in United States (U.S.) is predicted to favor use of these equipment. This in turn, can spur growth of market in the region over next few years. In addition, favorable government policies for water and wastewater treatment can boost market growth. Moreover, high prevalence of major manufacturing companies in the region including Aquionics Inc.; Xylem Inc., Atlantic Ultraviolet Corporation; and Calgon Carbon Corporation can fuel growth of market in this region.

Similarly in Asia Pacific, the market is expected to witness fast growth at CAGR of 25.3% over the forecast period. Rapid population growth in India and China with declining fresh water resources attributed to unusual rainfalls is expected to account for shortage of water in the region. This, in turn, can surge demand for using UV disinfection equipment in water and wastewater treatment. In addition, growing industrialization in these countries are expected to result in air and water pollution, which can adversely affect rainfalls and purity of natural water resources. High demand for hygienic drinkable water among consumers can influence growth of market over next few years.

Some of the leading companies offering ultraviolet (UV) disinfection equipment are Trojan Technologies; Severn Trent Services; Xylem Inc.; Atlantic Ultraviolet Corporation; and Calgon Carbon Corporation. Most companies are expected to adopt business strategies such as development of advanced equipment and mergers & acquisitions to expand their product portfolio and gain traction among consumers.

In-Depth Research Report On Ultraviolet (UV) Disinfection Equipment Market:
https://www.grandviewresearch.com/industry-analysis/ultraviolet-uv-disinfection-equipment-market

Wednesday, 9 January 2019

Textiles Market is Predicted to value USD 193.16 billion by 2022: Grand View Research, Inc.

10-January-2019: According to a report by Grand View Research, Inc.; the global textile market is predicted to value USD 193.16 billion by 2022. Textile is a flexible material formed using several processes including knitting, weaving, crocheting, or felting. It is used to manufacture a wide range of conventional and advanced finished goods used in kitchen, clothing, apparel, fashion, construction, bedding, transportation, and medical. High demand from these industries is the primary driver for the global market.


Textiles Market

Growing population, urbanization, and disposable income in emerging economies such as India, China, and Mexico are expected to improve consumer lifestyle. This, in turn, can augment market growth during the forecast period (2014 to 2025). Growing awareness regarding protective equipment in manufacturing owing to stringent regulations aimed at worker safety can positively influence growth of market.

Increasing number of fashion retail outlets in emerging economies such as India and China attributed to support from local governments to promote investments can spur market expansion over the forecast period. Continual technological advancements in upholstery products derived from coated fabrics can also stimulate market growth in near future.

The global textile market can be segregated on the basis of raw material, product, application, and region. Based on raw material, the market can be categorized into chemical, cotton, wool, silk, and others. In 2015, cotton was most used raw material for production of textiles and accounted for around 39.5% market share in the same year. Properties such as high strength, excellent absorbency, and color retention can positively influence demand in the forthcoming years.

On the other hand, silk is expected to witness a CAGR of 4.6% from 2016 to 2025. Growing use of spider silk in formulation of industrial textile attributed to excellent toughness and lightweight as compared to steel is the predominant driver for this segment.

Based on product, the market for textiles can be classified into polyesters, nylon, natural-fibers, and others. In 2015, natural fibers segment accounted for 45.6% of overall market share in terms of volume. It is likely to grow well over the forecast period. High market visibility of cotton derived products in garments and apparels sector can fuel demand in near future.

On the contrary, nylon segment is estimated to register a CAGR of 4.5% from 2016 to 2025. Properties of nylon such as high resilience, low moisture absorbency, and excellent elasticity are anticipated to bode well for product demand over the forecast period.

Based on application, the market is divided into technical, household, fashion and clothing, and others. In 2015, fashion and clothing segment dominated the market and accounted for a revenue share equivalent to USD 607.6 billion. It is expected to expand at a substantial CAGR during the forecast period.

New product launches by garment manufacturers including Tommy Hilfiger and Levis in Canada and United States can impel market expansion. In addition, rising sales volume of footwear and apparels through e-commerce portals like Amazon is expected to spur market development in near future.

Household application accounted for 9.6% of overall market share in terms of volume. Properties such as stain-repellent texture, wear and tear resistance, and ability to give soft and comfortable finishing to fabric surfaces is anticipated to impel product demand.

Regional segmentation includes Asia Pacific, Europe, North America, Central and South America, and Middle East and Africa. In 2015, Asia Pacific consumed 99,005.9 kilo tons of textiles and is predicted to witness significant growth over the forecast period. Positive outlook towards garments and apparel industry in India and China can fuel regional expansion in near future. In addition, favorable government policies to promote investments in manufacturing sector can further boost market growth.

Similarly, North America is likely to register a CAGR of 2.7% from 2016 to 2025 attributed to rising production of automotive vehicles in United States. Rising number of single family houses is expected to further augment regional market growth over the forecast period.

Middle East and Africa is predicted to expand at CAGR of 3.6% in the forthcoming years. Growing investments by Islamic clothing manufacturers to produce new hijab styles in apparels can propel regional demand for textiles during the forecast period.

Some of the leading companies operating in textiles market are Asahi Kasei Fibers Corporation, INVISTA, Shandong Jining Ruyi Woolen Textile Co., Ltd., Honeywell International, and Sinopec Yizheng Chemical Fiber Company.

In-Depth Research Report On Textiles Market:
https://www.grandviewresearch.com/industry-analysis/textile-market

Friday, 4 January 2019

Polyamide in Electronic Protection Device (EPD) Market Will Grow Due to Technological Advancements

4-January-2019: According to a report by Grand View Research, Inc., global polyamide in electronic protection device (EPD) market is anticipated to value USD 90.18 billion by 2025. Growing requirement for environment-friendly and cost-effective material to manufacture smart grids is anticipated to propel demand for polyamide in electronic protection device. Polyamide is likely to offer effective properties such as high abrasion and heat resistance making it preferable among manufacturers of EPDs over other thermoset materials.


Polyamide in Electronic Protection Device (EPD) Market

Continual technological advancements related to infrastructure in developing economies owing to rapid industrialization can influence growth of market. Rising use of electronic appliances coupled with high repair cost attributed to short circuits can augment market growth over next few years. Growing adoption of polyamide in electrical, construction, and electronic sector owing to its properties and performance advantages can stimulate growth of market. High demand for polyamides in electrical switches and gear segments can spur growth of market. Advancements in polyamide grades to use it in electrical protection devices is expected to impel market growth during the forecast period (2014 to 2025).

Availability of cheap substitutes for polyamides is likely to restrict growth of market over next few years. 

The polyamide in electronic protection device market can be segregated on the basis of product, device, and region. Based on product, the market can be categorized into PA 6, PA 66, PA 4,6, high temperature polyamide, and polyphthalamide (PPA). In 2016, PA6 dominated the market and accounted for largest market share. However, superior properties of PA66 over PA6 are expected to fuel product demand over the forecast period. In thermally and mechanically stressed moldings, PA66 is anticipated to emerge as preferred grade of polyamide attributed to strong dielectric resistance. In addition, continual development of polymer technology is likely to widen application scope of PA66. This, in turn, can drive product segment during the forecast period. 

Based on device, the market can be classified into MCB, MCCB, Relays, Contactors, and Terminal Blocks. In 2016, MCB segment dominated the market and accounted for largest market share. Followed by MCB, MCCB accounted for 33% of overall market share in terms of volume in 2016. The segment is expected to grow at similar pace over the forecast period. Unprecedented regulatory pressure imposed by several regulatory bodies to improve product in terms of safety and performance can augment growth of this segment. Sizes of MCCB and MCB are expected to be reduced in recent years to get better functioning and cost optimization. Reduction in product cost is likely to support manufacturers to sustain in this competitive market. Hence, challenge for manufacturers is to improve performance of polyamides of all grades to support housing preferences for gears and switches.

Regional segmentation includes Europe, North America, Asia Pacific, Central & South America, and Middle East & Africa. In 2016, Asia Pacific dominated the market and accounted for largest market share. The region recorded consumption of 38 kilo tons of polyamide in the year to manufacture electronic devices. Supportive regulations coupled with availability of skilled and economical workforce is expected to influence growth of market. Initiatives by local governments to define lucrative FDI regulations is likely to attract major players and shift their manufacturing plants to countries such as India, China, and Indonesia. In addition, availability of raw material at economical prices attributed to increased capacity utilization can augment growth of market in the region.

On the contrary, Europe accounted for market share of 16% in 2016 in terms of both volume and revenue. The market is expected to witness positive growth over the forecast period attributed to ongoing industrial evolution and rising urbanization.  

Some of the leading companies offering polyamide in electronic protection device are Royal DSM, EMS Chemie Holding AG, Huntsman Corporation, Ascend Performance Materials LLC, and Lanxess AG. At production level, market is expected to witness acquisitions and mergers. Low production cost can prompt polyamide manufacturers to backward integration across value chain to expand their business in North America, Asia Pacific, and Europe. In addition, manufacturers are likely to produce nylon resins and caprolactam to integrate themselves across value chain.

In-Depth Research Report On Polyamide in Electronic Protection Device (EPD) Market:
https://www.grandviewresearch.com/industry-analysis/polyamide-in-electronic-protection-device-epd-market

Wednesday, 2 January 2019

Paint Additives Market Hit USD 10.9 billion by 2025: Grand View Research, inc.

2-January-2019: According to a report published by Grand View Research, Inc.; the paint additives market is likely to reach a valuation of around USD 10.9 billion by 2025.

Applications in industries including marine, aerospace, oil and gas, furniture, machinery, and automotive, and cookware and household can propel the market during the forecast period (2014 to 2025). In addition, increasing use of paints and coatings in automotive and construction due to supportive solvent properties is likely to support the market growth in the coming years.


Paint Additives Market

Growing demand for bio-based products and sustainable solutions like changes in regulations are likely to boost the use of these products in many sectors. In addition, development of low and no-VOC coatings is boosting the market growth. Manufacturers are increasingly inclined toward making eco-friendly paint with no volatile organic compound due to increasing consumers preference for green paints due to implementation of strict regulatory policies. This is expected to create more opportunities in the market. In addition, supportive changes in government rules and additive standards, particularly concerning homecare and personal care products can have positive impact on the market.

Paint additives market can be segmented on the basis of product, application, and region. Based on product, the market can be bifurcated into biocides, rheology modifiers, wetting and dispersion agents, anti-foamers, and others.

In 2016, rheology modifiers segment estimated for the largest revenue of 28%. Rheological additives are vital constituents used in inks, coatings, and paints to regulate and adjust the properties and characteristics of liquid products. These modifiers decrease dripping and splattering of liquid products during application.

As per application, the market can be split into architectural, wood and furniture, industrial, automotive, and others. In 2016, the architectural application segment accounted for the largest market share of 38.1% of total revenue. It is expected to gain highest CAGR of 7.1% during 2017 to 2025 due to rise in construction activities across the world, especially in emerging countries from Central and South America and Asia Pacific. Architectural coatings are used in houses and buildings as wall paints, roof coatings, and deck finishers. Additionally, increasing demand for green coatings in interiors is likely to drive the product demand during the forecast period. Increasing construction of new homes and renovation projects in the U.S and other countries is likely to propel the demand for these coatings. Increasing demand for premium, high-quality, and specialty coatings for interior and exterior projects can significantly increase the demand for these coatings over the forecast period.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.

Europe and the U.S are some of the mature markets. In 2016, Asia Pacific dominated the market and expected to continue its dominance during the forecast period. The region is expected to grow with a CAGR of 6.9% during 2017 to 2025 on account of flourishing marine, construction, and automotive industries. Growing sales of coupled with rising expenditure for construction in emerging countries in this region is expected to positively drive the market over the forecast period.

Increasing demand for these products in commercial and residential construction sector and expansion of automotive sector in emerging economies including Malaysia, China, and India are likely to boost the market over the forecast period. Increasing disposable income along with improving standards of living has resulted into high purchase of vehicles in this region. This is expected to increase demand for automotive coatings during the forecast period.

Prominent companies operating in the market include Ashland Global Holdings Inc.; AkzoNobel N.V.; BASF SE; Arkema S.A.; and Evonik Industries. Manufacturers have increased their production capacities in order to complete requirement from several industries. Companies are also following strategies like mergers and acquisitions to improve their product range and expand there presence globally. Increasing demand for eco-friendly paints and coatings have encouraged manufacturers to make to make high investments in R&D activities to develop products to comply domestic as well as international norms.

In-Depth Research Report On Paint Additives Market:
https://www.grandviewresearch.com/industry-analysis/paint-additives-market

Organic Personal Care Market is Projected to value USD 25.11 billion by 2025

2-January-2019: According to a report by Grand View Research, Inc., global organic personal care market is anticipated to value USD 25.11 billion by 2025. Growing requirement for naturally-derived hair and skin care products among consumers is anticipated to propel demand for organic personal care products. These products are likely to offer ingredients extracted from plants and animals and are free from preservatives, petrochemicals, and synthetic fragrances that can harm consumer’s skin.


Organic Personal Care Market

Growing awareness regarding benefits of organic personal care products over synthetic products can spur growth of market. Organic products are likely to be derived from natural resources and are free from harmful chemicals. High demand for such products in recent times can prompt manufacturing companies to introduce new products and focus on R&D activities. Increasing R&D expenditure to introduce plant and animal extracts in personal care products can fuel growth of market. Increasing number of distribution channels promoting organic personal care products and their benefits among consumers can drive market growth. Booming e-commerce and online marketplace providing consumers access to wide range of organic personal care products can stimulate growth of market. Stringent regulations promoting use of organic ingredients in skin care sector can augment market growth during the forecast period (2014 to 2025).

The organic personal care market can be segregated on the basis of application and region. Based on application, the market can be categorized into hair care, oral care, cosmetics, skin care, and others. In 2017, skin segment dominated the market and accounted for largest market share. Anti-ageing pursuit coupled with rising skin concerns can fuel growth. In addition, growing awareness regarding benefits of natural ingredients providing protection from ultra violet (UV) rays can surge demand for organic personal care products. Both women and men are likely to use skin care products such as fairness creams, moisturizing lotions, anti-ageing creams, and sun screen & lotions on regular basis. These products are expected to display highest penetration across all regions.

Similarly, increasing use of organic ingredients in cosmetic products such as fragrances, nail polishes, lipsticks can fuel growth of segment over next few years. Spiraling consumption of cosmetic products in countries such as India, Brazil, and China attributed to growing population of working class women can influence growth of market.

Regional segmentation includes Europe, North America, Asia Pacific, Central & South America, and Middle East & Africa. In 2017, North America dominated the market and accounted for major market share. It is predicted to grow at similar pace over the forecast period. Rising consumption of organic personal care products in Mexico attributed to growing awareness regarding benefits of natural ingredients such as neem and turmeric can fuel growth of market. In addition, favorable regulatory support in Mexico promote new investments at domestic level can create lucrative opportunities for market in the region. In Untied States, the market is expected to account for market share equivalent to USD 7.7 billion by 2025.

Similarly Asia Pacific is anticipated to be fastest growing region over the forecast period with countries such as India, China, Japan, Australia, and South Korea as sights of high growth rate. Growing awareness regarding benefits of natural products coupled with increasing disposable income can fuel growth of market. In addition, growing base of middle class population in South Asian countries such as Vietnam, Indonesia, and Malaysia can augment market growth. Shifting consumer preference from low-price products to premium hair and skin care products are likely to create lucrative opportunities for market.

In Europe, the market is likely to grow well over the forecast period attributed to high prevalence of manufacturing bases for product in countries such as France, United Kingdom, and Germany. Favorable initiatives from European Commission to promote production and use of natural ingredients in chemical, personal care, energy, and automotive sector can influence growth of market in the region.

Some of the leading companies offering organic personal care are Aveda Corporation; Burt’s Bees,  Amway Corporation, Neutrogena Corporation, and Arbonne International LLC.

In-Depth Research Report On Organic Personal Care Market:
https://www.grandviewresearch.com/industry-analysis/organic-personal-care-market

Wednesday, 26 December 2018

Industrial Lubricants: Use to Increase Efficiency of Machine

26-December-2018: According to a report by Grand View Research, Inc.; the global industrial lubricants market is anticipated to reach USD 68.41 billion by 2024. Growing requirement for timely maintenance of industrial machines to industrial lubricants and to increase efficiency are the primary market drivers. These lubricants reduce wear and tear, friction, and corrosion in machines to enhance operational efficiency. This factor is anticipated to bode well for market expansion over the forecast period (2014 to 2024).


Petrochemicals

Growing awareness among manufacturers regarding importance of machinery maintenance can positively influence market growth. Continual product innovation through incorporation of various additives to improve sustainability and lifestyle can augment market growth during the forecast period.

The global industrial lubricants market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into general industrial oils, metalworking oils, industrial engine oils, process oils, and others. In 2016, process oils dominated the market and accounted for the largest market share. These lubricant oils can be used in industrial processes to enhance operational efficiency and to reduce energy and overhead costs arising from downtimes. The segment is likely to exhibit CAGR of 3.1% from 2016 to 2024.

Industrial engine oils are used to lubricate irrigation pumps, construction equipment, industrial diesel engines, and mining equipment. High demand for industrial output is likely to increase use of machinery. This, in turn, can surge demand for industrial engine oils over the forecast period. The segment is projected to expand at a CAGR of 3.5% from 2016 to 2024.

Based on application, the market can be classified into metalworking, textiles, chemical manufacturing, energy, food processing, hydraulic, and others. In 2016, chemical manufacturing dominated the market with around 28% volume share. Processing equipment is generally subject to continuous operations, extreme temperatures, and contamination threats from water, particulate matter, and chemicals. Lubricants can be used to reduce corrosion, wear and tear, and friction from these elements, while optimizing production level and reducing servicing downtime.

Energy segment accounted for 20% of overall market share in 2016. Growth of renewable power generation in western markets and rising demand for conventional energy in Asia can augment market growth over the forecast period. Metalworking fluids accounted for market share equivalent to USD 7.2 billion in 2016. Resurgence of metal foundry sector in Europe and America is expected to provide relief to product segment in years to come.

Regional segmentation includes Europe, North America, Asia Pacific, Central and South America, and Middle East and Africa. In 2016, Asia Pacific dominated the market and accounted for largest market share. Positive outlook on economic activities, rising industrial output, and stable supply-demand scenario are expected to fuel regional market growth. Most Asian countries are emerging as neo-manufacturing hubs for electronics, consumer goods, textiles, chemicals, and automobiles. This, in turn, can shift production landscape in the region. Moreover, positive economic outlook can also shape consumption trends, with India, China, and Southeast Asia touted to be largest growth contributors.

Europe and North America are mature marketplaces owing to presence of multinational companies. Business ecosystem in these regions is sophisticated with competition determined by impeccable standards, specialized offerings, and sustainability. In 2016, these regions collectively accounted for 40% of overall market share. In addition, initiatives to develop bio-based products owing to availability of financial capital and technical know-how among local manufacturers are anticipated to bode well for regional expansion.

Central and South America witnessed considerable growth in the past. However, it is expected to witness tepid CAGR during the forecast period attributed to political instability and economic downturn. This factor is also expected to overshadow manufacturing activities and consequent consumption patterns.

Some of the leading companies in the industrial lubricants market are The Lubrizol Corporation, Royal Dutch Shell, Phillips 66, Kluber Lubrication, and Castrol. The market is expected to shift towards sustainable eco-system with the companies developing bio-based feedstock routes complying with ecolabel norms. In addition, companies are focused on improving overall production process to reduce wastage and byproducts.

In-Depth Research Report On In Industrial Lubricants Market:
https://www.grandviewresearch.com/industry-analysis/industrial-lubricants-market

Tuesday, 25 December 2018

Industrial Adhesives Market Hit USD 18.8 billion by 2025: Grand View Research, Inc.

26-December-2018: According to a report published by Grand View Research, Inc.; the industrial adhesives market is expected to reach a valuation of around USD 18.8 billion by 2025.


Industrial Adhesives Market

Growing use of high performance bonding solutions in several end-use industries such can drive the market over the forecast period (2014 to 2025).

Increasing demand for product in construction and automotive industries is likely to boost the market growth. The capability of curative agents for bonding several materials including glass, wood, metals, and fiber used in automobile spare parts, furniture, and textile applications.

However, strict government regulations such as Significant New Alternatives Policy (SNAP) implemented by EPA and REACH about the use of environment friendly products in the manufacturing proceses are likely to restrain the market growth. In addition, instable raw material prices coupled with increasing concerns regarding the use of petrochemical based bounding agents can affect the market growth.

Worldwide industrial adhesives market can be segmented on the basis of resin, product, application, and region.

Based on resin, the market can be classified into epoxy, acrylate, polyurethane, silicone, and others.

As per product, the market can be bifurcated into UV cure, moisture cure, and thermal cure.
In 2016, the moisture cure segment estimated for the major share due to high demand in construction. The UV cure segment is likely to show high growth as compared to the other product categories in the coming years due to increasing usage in medical devices. In addition, applications in electronics and automotive sectors are also expected to support the segment growth over the forecast period. This segment is projected to grow at a CAGR of over 6.4% during 2017 to 2025.

On the basis of application, the market can be split into automotive, wood working, electronics and electrical, construction, medical, and others. In 2016, the automotive segment was the leading end-use segment with a net market size of about 520 kilo tons. The electronics and electrical segment is anticipated to increase demand for the curing products due to ongoing technological innovation and advancement. This segment is expected to gain 20.6% of revenue share through 2025. Geographically, the market can be divided into North America, Europe, Asia Pacific, Central and South America (CSA), and Middle East and Africa.

In 2016, Asia Pacific reported for the largest market share and likely to remain on top over the forecast period. because of growing product use in automotive, electronic, and construction industries in the region. This region is expected to expand with an estimated CAGR of 8.2% during the projected period.   In addition, the product demand in this region is anticipated to touch a net volume exceeding 1,480 kilo tons through 2025.

North America is anticipated to expand at an annual average growth rate of over 6% during 2017 to 2025 owing to increasing expenditure for technological advancements in this region. This region is expected to boost the demand for products manufacturing from natural constituents due to strict regulatory framework. For instance, The U.S. Environmental Protection Agency (EPA) has mandate some guidelines for the utilization of clean products in furniture surface coating industries.  

Europe is projected to exhibit moderate CAGR of 7.2% in terms of revenue during the study period. This can be attributed to presence of strict regulatory policies implemented by government of Germany and the UK regarding the use of VOC-free raw materials for producing curing adhesive. MEA and CSA regions are anticipated to show rapid growth in the coming years due to technological advancements and growing product demand in electronic, particularly in the countries like brazil and South Africa.

Key companies operating in the market include Tosoh Corporation, Bostik, DELO Industrial Adhesives, H.B. Fuller, and Sika AG.

Major players in the market participants are focusing on development of bio-based products to decrease reliance on petroleum-based products. The use of bio-based or less volatile organic compounds (VOC) are expected to reduce the volatility associated with synthetic products which are derived from renewable chemicals. 

In-Depth Research Report On In Industrial Adhesives Market:
https://www.grandviewresearch.com/industry-analysis/industrial-adhesives-market