Floor Coatings Market Hit USD 3,901.5 Million by 2025: Grand View Research, Inc.

27-Nov-2019: The global floor coatings market size is expected to reach USD 3,901.5 million by 2025, exhibiting a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by rising demand for green buildings globally.

Green buildings are gaining popularity over the conventional ones in the recent years. Efficient use of energy & water, use of renewable energy, reduced operating costs, improved air quality, and reduced overall load on metal structures as compared to conventional buildings are fueling the demand for green buildings.Floor coating manufacturers are designing VOC-free and environment-friendly products to cater to the increasing demand in green buildings. These factors are projected to significantly fuel the market growth over the forecast period.

Based on product segment, polyurethane is anticipated to ascend at the highest growth rate over the forecast period. Polyurethane offers abrasion, corrosion, and wear resistance along with high flexibility. These benefits make the product suitable for use as flooring solutions in residential, commercial, and industrial structures. Epoxy coatings are applied on various surfaces including terrazzo, chip, and colored aggregate flooring to enhance the aesthetic appeal.

Double component segment is expected to witness substantial growth over the forecast period. Double component surface coatings are suitable for areas such as parking & bridge decks, warehouses, industrial spaces, service stations, chemical & metal treatment plants, and machinery service area. They have excellent chemical, abrasion, and water resistance properties. With rapid industrialization and increase in infrastructure development, double component coatings are expected to witness growth in demand, especially in developing countries such as China, India, and Brazil.

Wood is one of the prominent application segments.Surface coatings are used on wood floors to enhance wood grain and to protect the surface. Consumers can select one between matte finish and glossy finish depending on their requirement for covering wooden floors. Types of products that are used to impart a clear finish to traditional hardwood floors include water-based polyurethane, solvent-based polyurethane, and others.

Commercial end-user segment is projected to witness significant growth owing to the increasing spending on construction activities including shopping malls, commercial stores, hospitals, restaurants, warehouses, institutions, and similar other projects with the rise in purchasing power parity across regions such as Asia Pacific, North America, and Europe. Surface coatings with anti-slip property and glossy appearance are useful in heavy traffic areas such as commercial centers that witness high footfall along with movement of machines such as forklifts.

Various strategic initiatives were recorded in the past few years to boost the market growth. For instance, in January 2019, LATICRETE International, Inc. displayed its product line at 2019 World of Concrete show. The product line included various flooring systems, coatings, and construction materials marketed under SPARTACOTE, LATICRETE SUPERCAP, and NXT brands.

In depth research report on Floor Coatings Market

https://www.grandviewresearch.com/industry-analysis/floor-coatings-market

Further key findings from the report suggest:

·       Asia Pacific dominated the market during the forecast period from 2019 to 2025

·       China is the fastest growing country in Asia Pacific region on account of the growing industrialization

·       Polyurethane segment is fueling the floor coating market growth owing to its rising demand in various applications

·       Market players are adopting various strategies such as showcasing their floor coating product lines in commercial expos to create awareness among the end users and boost product sales.

Grand View Research has segmented the global floor coating market on the basis of product, component, application, end-user, and region:

Floor Coating Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Epoxy

·       Polyaspartic

·       Polyurethane

·       Acrylic

·       Methyl Methacrylate

Floor Coating Component Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Single Component

·       Double Component

·       Triple Component

·       Others

Floor Coating Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Concrete

·       Wood

·       Terrazzo

·       Others

Floor Coating End-User Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Residential

·       Industrial

·       Commercial

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About Grand View Research

Grand View Research, Inc. is the 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 market analysis reports, please visit: http://www.grandviewresearch.com/

Titanium Dioxide Market Size is Expected to Reach USD 28.19 Billion by 2025: Grand View Research, Inc.

25-July-2019: The global titanium dioxide market size is expected to reach USD 28.19 billion by 2025 registering a CAGR of 8.7%, according to a new report by Grand View Research, Inc. Rise in demand for paints & coatings due to expanding construction and automotive sectors across the globe will augment the TiO2 market growth over the forecast period. Growing automotive industry due to technological advancements in the sector coupled with rising demand for lightweight vehicles has also contributed to the industry expansion.

Lightweight materials used in the automotive industry contain specific amounts of carbon fiber, which is a cost- and fuel-efficient as it helps reduce the carbon footprint. These materials are malleable, remolded, and reshaped, which results in low-cost production. These factors are expected to boost the market growth in the next few years. The photovoltaic method converts solar energy into direct current electricity using materials, such as TiO2 and amorphous silicon. Energy generated from the solar PV is considered as sustainable energy and renewable source making it cost-effective.

The demand for electricity is increasing rapidly with the rising world population. In developing countries like China, India, Indonesia, and Malaysia, the demand for energy conservation is high due to urbanization and industrialization. Increasing demand for sustainable energy sources is expected to have a positive impact on the market in the next couple of years. Titanium dioxide particles have wide application scope due to their high stability, photocatalytic properties, and anti-corrosive nature and are manufactured from anatase. They are used in consumer products, such as sunscreens, and as components for articulating implants for the hip and knee.

These nanoparticles are also used as catalyst in semiconductor photocatalysis, water treatment plants, and as a photoactive material in nanocrystalline solar cells. Other applications in self-cleaning tiles, textiles, windows, and anti-fogging car mirrors are expected to support the market growth over the forecast period. However, dust particles of the product are grouped under 2B carcinogens by IRAC. Thus, stringent regulations are projected to have a negative impact on the market growth.

 In depth research report on Titanium Dioxide (TiO2) Market

https://www.grandviewresearch.com/industry-analysis/titanium-dioxide-industry

Further key findings from the study suggest:

·       In terms of revenue, paints & coatings is anticipated to be the largest application segment reaching at USD 16.40 billion by 2025

·       On the other hand, the plastics application segment is anticipated to register the highest CAGR of 9.3% from 2019 to 2025

·       Asia Pacific is anticipated to be the largest and fastest-growing regional market over the next few years

·       In terms of revenue, Middle East & Africa is also anticipated to witness a lucrative growth due to rising number of construction projects in the region

·       Some of the key companies in the global titanium dioxide market are Cristal Global; Kronos Worldwide, Inc.; Huntsman Corp.; The Chemours Company; and Tronox Limited

Grand View Research has segmented the global titanium dioxide market on the basis of application and region:

Titanium Dioxide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Paints & coatings

·       Plastic

·       Pulp & Paper

·       Cosmetics

·       Others

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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 market analysis reports, please visit: http://www.grandviewresearch.com/

Optical Coatings Market is Projected to Register a CAGR of 9.0% | 2025

25-June-2019: The global optical coatings market size is expected to reach USD 25.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 9.0% during the forecast period. Growing solar industry and investments in aerospace and defense industry are the key market drivers.

Wide usage in scientific and medical devices for screen displays is anticipated to augment the demand over the forecast period. Medical equipment industry was valued at nearly USD 6.7 billion in 2016 and is expected to reach around USD 8.6 billion by 2020. Therefore, rising demand from solar, electronics, and medical sector is expected to drive the optical coatings market over the forecast period.

Rapid growth of consumer electronics sector in Canada, China, and India is expected to propel the demand for optical coatings over the forecast period. Owing to the presence of numerous large and small producers, Asia Pacific is one of the largest markets for consumer electronics. The fast track task force in India, which is a body of Ministry of Electronics and IT, has planned to achieve about 500 million mobile phone production by 2019 worth about USD 46 billion. Moreover, shifting consumer preference toward smart technologies and smart touch displays is expected to propel the growth over the forecast period.

Extensive R&D and development of material and fabrication technologies are expected to have a positive impact on the industry. Growing demand for optical coatings for genetic analysis, biomedical, micro-optical systems, and sensors is expected to further drive the market.

Rising prominence of optical systems in defense sector is also anticipated to be a key driver for the growth in the forthcoming years. Increasing military spending by countries, such as U.S., India, and China is expected to bolster the product demand. For instance, U.S. allocated military budget worth USD 824.6 billion from October 2017 to September 2018. Therefore, steady growth in the military spending is likely to positively influence the optical coating market.

In depth research report on Optical Coatings Market

https://www.grandviewresearch.com/industry-analysis/optical-coatings-industry

Further key findings from the report suggest:

·       In terms of revenue, anti-reflective coatings product is anticipated to witness a CAGR of 8.6% from 2017 to 2025

·       In terms of revenue, reflective coatings segment is projected to expand at a CAGR of 9.9% over the forecast period

·       Consumer electronics application led the global optical coatings market with a global market share of 31.5% in 2017

·       Europe is anticipated to reach 659.9 kilotons by 2025

·       In terms of revenue, Central and South America is projected to witness a CAGR of 8.6% over the forecast period. Rising construction activities owing to the recovery from economic recession are expected to propel construction industry in the region

·       Some of the key market players are Alluxa; Cascade Optical Corporation; Chroma Technology Corporation.; Inrad Optics; Optical Coatings Japan; PPG Industries, Inc.; VIAVI Solutions Inc. ; Schott AG; and Abrisa Technologies

Grand View Research has segmented the global optical coatings market report on the basis of product, application, and region:

Optical Coatings Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Anti-reflective

·       Reflective

·       Filter

·       Conductive

·       Electrochromic

·       Others

Optical Coatings Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Consumer Electronics

·       Solar

·       Medical

·       Architecture

·       Aerospace & Defense

·       Automotive

·       Telecommunication

·       Others

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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 market analysis reports, please visit: http://www.grandviewresearch.com/

Global Optical Coatings Market Trends, Analysis- Industry Size Report 2025

19-June-2019: The global optical coatings market size is expected to reach USD 25.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 9.0% during the forecast period. Growing solar industry and investments in aerospace and defense industry are the key market drivers.

Wide usage in scientific and medical devices for screen displays is anticipated to augment the demand over the forecast period. Medical equipment industry was valued at nearly USD 6.7 billion in 2016 and is expected to reach around USD 8.6 billion by 2020. Therefore, rising demand from solar, electronics, and medical sector is expected to drive the optical coatings market over the forecast period.

Rapid growth of consumer electronics sector in Canada, China, and India is expected to propel the demand for optical coatings over the forecast period. Owing to the presence of numerous large and small producers, Asia Pacific is one of the largest markets for consumer electronics. The fast track task force in India, which is a body of Ministry of Electronics and IT, has planned to achieve about 500 million mobile phone production by 2019 worth about USD 46 billion. Moreover, shifting consumer preference toward smart technologies and smart touch displays is expected to propel the growth over the forecast period.

Extensive R&D and development of material and fabrication technologies are expected to have a positive impact on the industry. Growing demand for optical coatings for genetic analysis, biomedical, micro-optical systems, and sensors is expected to further drive the market.

Rising prominence of optical systems in defense sector is also anticipated to be a key driver for the growth in the forthcoming years. Increasing military spending by countries, such as U.S., India, and China is expected to bolster the product demand. For instance, U.S. allocated military budget worth USD 824.6 billion from October 2017 to September 2018. Therefore, steady growth in the military spending is likely to positively influence the optical coating market.

 In depth research report on Optical Coatings Market

https://www.grandviewresearch.com/industry-analysis/optical-coatings-industry

Further key findings from the report suggest:

·       In terms of revenue, anti-reflective coatings product is anticipated to witness a CAGR of 8.6% from 2017 to 2025

·       In terms of revenue, reflective coatings segment is projected to expand at a CAGR of 9.9% over the forecast period

·       Consumer electronics application led the global optical coatings market with a global market share of 31.5% in 2017

·       Europe is anticipated to reach 659.9 kilotons by 2025

·       In terms of revenue, Central and South America is projected to witness a CAGR of 8.6% over the forecast period. Rising construction activities owing to the recovery from economic recession are expected to propel construction industry in the region

·       Some of the key market players are Alluxa; Cascade Optical Corporation; Chroma Technology Corporation.; Inrad Optics; Optical Coatings Japan; PPG Industries, Inc.; VIAVI Solutions Inc. ; Schott AG; and Abrisa Technologies

Grand View Research has segmented the global optical coatings market report on the basis of product, application, and region:

Optical Coatings Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Anti-reflective

·       Reflective

·       Filter

·       Conductive

·       Electrochromic

·       Others

Optical Coatings Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Consumer Electronics

·       Solar

·       Medical

·       Architecture

·       Aerospace & Defense

·       Automotive

·       Telecommunication

·       Others

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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 market analysis reports, please visit: http://www.grandviewresearch.com/

3D Printing Grants Flexibility to Produce Complex Equipment Geometries

1-April-2019: The global 3D printing metals market size is expected to reach USD 3.05 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 31.8% during the forecast period. Increasing adoption of 3D printing as a mainstream manufacturing method and rising investments in research & development (R&D) of 3D metal printing are anticipated to fuel product demand. Use of 3D metal printing is prominent in the aerospace & defense industry owing to rapid prototyping and manufacturing speed offered by 3D printing.

The aerospace & defense (A&D) industry was an early adopter of the product. This is leading to high utilization of materials such as titanium and steel in this industry. 3D printing grants flexibility to produce complex equipment geometries, which are otherwise difficult to build using a traditional manufacturing.

The powder segment dominated the market in 2017. It is expected to progress at a higher CAGR in terms of volume over the forecast period. High packing density and spherical morphology of metal powders ensure good flowability that leads to consistent and predictable powder dosing and layers.

Titanium was the largest contributor to market growth in 2017, owing to its significant adoption in aerospace applications. Titanium-based alloys have a very high melting point and are strongly resistant to oxidation and acids. This is necessary for manufacturing critical aircraft parts. Moreover, aircraft designers are able to achieve higher thrust to weight of engine ratio due to high strength and low density of titanium.

North America emerged as the largest region in 2017 in terms of employing 3D printing metals. Presence of numerous aerospace companies are expected to stoke the growth of the regional market. Moreover, high defense expenditure across the region is anticipated to boost the utilization of the product in aerospace & defense.

The U.S. has been a major producer and consumer of 3D printing metals on a global scale. Presence of key industry players such as 3D Systems Corporation and ExOne GmbH is expected to drive the market on account of innovative product launches and expansion initiatives in the country. Moreover, increasing integration of advanced technologies such as 3D printing with several manufacturing processes has been escalating the growth of the market in the country.

Technological limitations of additive manufacturing for large-scale production of heavy parts are the primary factors restraining market growth. In addition, high-cost of printers and raw materials such as metal powders is also anticipated to negatively influence the growth of the market.

However, rising investments in R&D activities by academicians and companies are expected to facilitate cost reduction as well as increased utilization of the product. Major players in the global industry are involved in launching new products, joint ventures, and acquisitions to increase their customer reach in the international markets.

In depth research report on 3D Printing Metal Market

https://www.grandviewresearch.com/industry-analysis/3d-metal-printing-market

Further key findings from the report suggest:

·       Aerospace & defense is anticipated to witness the fastest growth at a CAGR of 34.2% over the forecast period, in terms of revenue, on account of reduced lead time offered by 3D printing and increasing demand for highly customizable parts

·       The titanium segment captured the highest revenue share of 63.0% in 2017 due to its high corrosion resistance, high tensile strength, and low density

·       The 3D printing metals market in Asia Pacific was valued at USD 79.7 million in 2017 with China and Japan emerging as major markets.

·       In terms of volume, the powder segment accounted for 92.6% of the market in 2017 owing to superior quality offered by metal powders for manufacturing process of metal parts

·       Key companies are attempting to provide superior quality products and expand their product portfolio. For instance, in September 2017, ExOne expanded its product offerings by announcing availability of 17-4PH stainless steel as a printable material.

Grand View Research has segmented the global 3D printing metals market on the basis of form, application, product, and region:

3D Printing Metals Form Outlook (Revenue, USD Million; Volume, Tons, 2014 - 2025)

·       Powder

·       Filament

3D Printing Metals Application Outlook (Revenue, USD Million; Volume, Tons, 2014 - 2025)

·       Aerospace & defense

·       Automotive

·       Medical & dental

·       Others

3D Printing Metals Product Outlook (Revenue, USD Million; Volume, Tons, 2014 - 2025)

·       Titanium

·       Nickel

·       Steel

·       Aluminum

·       Others

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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 market analysis reports, please visit: http://www.grandviewresearch.com/