Jan 31, 2019 | Business
Concrete repair system can be defined as the various methods and compounds applied to concrete walls and other concrete structures in order to support their working condition. Concrete is used in a variety of infrastructure, ranging from residential, commercial, and industrial buildings to roads, highways, bridges, and other structures such as museums, railway stations, and airports, thereby making it a fairly large market. Investments made in concrete infrastructure are high and, therefore, it is essential that the infrastructure and its concrete remain in good working condition. This makes the concrete repair system an important market.
The global concrete repair system market can be segmented along several lines such as type of problem, type of solution, and method of application.
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In terms of type of problem, the global concrete repair system market can be classified into new build defects, service & maintenance, and age-related deterioration. New build defects are problems that occur either during or soon after the construction of the infrastructure. The service & maintenance segment includes regular strengthening of the concrete, for example, by repairing cracks and other such problems when they are at an initial stage. This not only improves the quality of the infrastructure, but also helps in prolonging its life. Age-related deterioration of concrete and other materials involved in the infrastructure is common and needs to be addressed every few years.
More importantly, in terms of type of solution, the global concrete repair system market can be divided into coatings, sealers & primers, bonding agents & waterproofing compounds, mortars, and others. Coatings, sealers & primers are used for a wide range of purposes such as anti-corrosion, steel reinforcement, concrete strengthening, and decoration. Mortars are primarily used for sticking one material to another. For example, it is used between bricks and blocks or between tiles and floor or wall. The primary purpose of bonding agents & waterproofing compounds is to enhance the joining of structures without employing mechanical fasteners. They help in improving the tensile strength of the concrete and its ability to withstand corrosion. Finally, the others section consists of various concrete repair solutions such as epoxy adhesives & concrete, polyurethane compounds, grouts, gels, and self-levelling screeds, etc.
Based on method of application, the global concrete repair system market includes hand/equipment-applied, sprayed, and others. The hand/equipment-applied method is commonly used when the product needs to pasted on to the concrete or applied between surfaces. Products such as bonding agents, mortars, and primers are generally applied in this manner. The method of spraying the product on to the concrete is frequently used in the case of coatings, sealers, and certain waterproofing compounds. Other methods of applying concrete repairs include the product being injected into cracks or the use of machines in case of protective levelling mortars and self-levelling screeds.
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In terms of region, the global concrete repair system market can be segmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. Concrete repair systems are in extensive use in the developed regions of North America and Europe. Their usage, on the other hand, is increasing in the developing regions of Latin America, Asia Pacific, and Middle East & Africa. These regions present considerable opportunities during the forecast period owing to the high investments in infrastructure by the governments.
Some of the major companies in the global concrete repair system market include the Sika Group, Fosroc International Limited, BASF Corporation, KREISEL Technika Budowlana Sp. z o.o., MAPEI Corporation, ARDEX Americas, Chemco International Ltd., Saint-Gobain Construction Products UK Limited, and Kryton International Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Jan 31, 2019 | Business
Corrosion is increasingly becoming a major issue for owners of industrial equipment and plants. Corrosion, which is mostly caused by a chemical attack, can lead to significant industrial losses. Corrosion, in its various forms, is estimated to cost the global economy US$3 Trn per year. The presence of corrosive chemicals can result in deterioration of a structure or equipment and is also a potential risk to personnel. It may also lead to permanent structural failure, which can be deemed costly in terms of repair.
The corrosion phenomenon majorly affects economies of industrial companies. However, with the advent of innovative technologies, it is possible to eliminate corrosion in prior stages through anti-corrosion nanocoatings. Anti-corrosion nanocoatings consist of homogeneous thin films made up of alkoxides with chemically attached nanoparticles. Corrosion and high temperature oxidation can be reduced by coating materials made up of thin layer of chemically resistant oxides. Such films are primarily suitable for metallic surfaces. They offer various advantages such as low temperature processing, high purity, and control of the composition.
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Nanocoatings are materials manufactured by shrinking raw materials at the molecular level to form a denser product. Nanocoatings are preferred over traditional coatings due to their lower content of VOCs. Additionally, nanocoatings offer characteristics such as resistance to scratch, UV, and chemical; low maintenance; anti-corrosion; and color and gloss retention. Nanocoatings are classified as anti-fingerprint, anti-microbial, anti-fouling and easy-to-clean, self-cleaning (bionic and photocatalytic) and others (specialty coatings, etc.). Anti-microbial is a highly used nanocoating across various end-user industries. Anti-microbial nanocoatings are employed in end-user industries such as medical and health care, water treatment, food manufacturing, and packaging. Anti-fouling and easy-to-clean nanocoatings are also employed on a large scale in marine, food manufacturing, automotive, and electronics industries, etc. The anti-fingerprint nanocoatings segment is expected to expand substantially in the near future due to the increasing demand in electronics, automotive, and medical and health care industries. Other types of nanocoatings are used in building & construction, packaging, and textiles industries.
The global anti-corrosion nanocoatings market is expanding owing to the high demand in medical and automotive coatings industries. Growth in the coatings sector, rising demand, and urbanization in BRIC countries has been driving the global anti-corrosion nanocoatings market since the last few years. Anti-corrosion nanocoatings are used in medical equipment and implants. The medical and health care industry is likely to expand significantly in the next few years. Energy and electronics are high-growth end-users of anti-corrosion nanocoatings. This trend is estimated to continue in the next few years. Furthermore, increase in usage of anti-corrosion nanocoatings in automotive to retain color and gloss of the surface is likely to drive the anti-corrosion nanocoatings market in the near future. Demand for nanocoatings is high in the building & construction industry, as they inhibit microbial growth, mildew, and algae. Anti-corrosion nanocoatings are also used in food manufacturing, packaging, textiles, and water treatment industries, among others.
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The global anti-corrosion nanocoatings market is expected to witness significant growth due to the ability of these nanocoatings to provide high degree of adhesion and excellent chemical and abrasion resistance to meet the regulatory requirement. North America and Europe are the major markets for anti-corrosion nanocoatings, driven by the implementation of stringent emission standards to comply with the emission of volatile organic compounds (VOCs). Growth in the medical and health care industry in North America is estimated to drive the anti-corrosion nanocoatings market in the near future. Currently, the demand for medical equipment and implant coatings is high in North America. It is projected to rise owing to the increase in development in technology. Asia Pacific is anticipated to be a rapidly growing market for anti-corrosion nanocoatings in the next few years. Demand for anti-corrosion nanocoatings is likely to increase in Asia Pacific due to growth in automotive and electronics industries.
Key players operating in the anti-corrosion nanocoatings market include Buhler PARTEC GmbH, Nanogate AG, and P2i Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Jan 31, 2019 | Business
Iron and Steel Casting Market – Snapshot
Iron and steel casting refers to the process of injecting or pouring molten iron and steel into a mold to form an object of the desired shape. The process is normally used for mass production of components or parts used in a wide range of sectors such as automotive, agriculture, power generation, oil & gas, manufacturing machinery, and industrial units.
Construction industry to be a major market driver
Construction equipment need to be sturdy, strong, and long lasting. They need to incur low costs for maintenance and withstand varying pressures and different climatic conditions. This type of equipment also requires raw materials with excellent properties. Hence, iron and steel are among the most commonly used raw materials in the production of construction equipment. Iron and steel cast products are also used in other heavy industries such as automotive, mining, power generation, manufacturing machinery, oil & gas, electricals, and industrial equipment.
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Aluminum alloy acts as a major substitute for iron and steel, thereby restraining market
In recent years, manufacturers have shifted their focus toward cast aluminum from conventional iron and steel products for use in automobile components, owing to superior properties of aluminum cast products such as lightness, corrosion resistance, and high performance. For example, the Aluminum Association’s Aluminum Transportation Group (ATG) explains that usage of aluminum components in vehicles can boost economy, owing to the lower total carbon footprint of aluminum compared to other materials, in terms of full life cycle of vehicles. The less a vehicle weighs, the less fuel and power are required. This, in turn, results in high fuel efficiency of engines and less carbon dioxide emissions from vehicles.
Investment in infrastructure by governments to provide significant opportunities to iron and steel casting market
Governments all over the world are planning to invest in infrastructure development projects. Developed countries such as the U.S., Canada, the U.K., France, and Germany are expected to invest in the maintenance of existing infrastructure projects while also developing new projects. On the other hand, developing countries such as India, China, Brazil, and South Africa are expected to invest in the development of new projects. Infrastructure projects such as railways, ports, bridges, manufacturing facilities, and industrial units require a considerable amount of iron and steel casting products such as steel plates and construction equipment such as loaders. These construction equipment also contain iron and steel cast components and parts. Thus, rising investments in infrastructure development are likely to boost the iron and steel casting market during the forecast period.
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Gray iron is the most commonly used casting material due to its durability and malleability
Gray iron can be defined as a type of cast iron with more than 2% of carbon content and a graphitic microstructure. It is the most commonly used type of iron for casting purposes. It is relatively inexpensive, malleable, and durable. High use of gray iron can be ascribed to various factors such as its tensile and yield strength, ductility, impact resistance, and low production cost. High carbon content of gray iron also makes it easy to melt, weld, and machine into parts.
However, market share of the gray iron segment is expected to decrease marginally, due to rising preference for other materials. On the other hand, the market share of the ductile iron segment is expected to increase during the forecast period. The segment is likely to be driven by the ability of ductile iron to be developed into low-weight iron castings. This reduces delivery expenses and offers economic benefits through other factors such as design and metallurgical flexibility.
Automotive & transport sector the leading consumer of iron and steel casting products
The automotive & transport sector is the major consumer of iron and steel casting products. High tensile strength and impact resistance of iron and steel cast products make them highly suitable for use in a wide range of automotive parts such as flywheels, reducer shells, braking systems, transmission cases, and investment castings. The automotive & transport segment is expected to gain market share by 2026, due to increasing use of private and public transport across the world.
The share of the pipes & fittings segment is likely to increase, due to rising use of pipes and fittings made of iron and steel in industries such as power generation, oil & gas, and manufacturing. Nearly all types of iron and steel casting products are used in the production of pipes and fittings and associated components.
Jan 31, 2019 | Business
Ilmenite is a heavy mineral mainly used as a source of titanium. Ilmenite is iron black metallic oxide comprising titanium dioxide and iron. Ilmenite occurs as igneous rocks and is present into layers as a result of magmatic segregation. Heavy opaque crystal of ilmenite deposit on bottom of magma chambers and ilmenite is collected in layers. Ilmenite is also a constituent of sand and is commonly accompanied by small amounts of magnetite, rutile and zircon among others. Other sources of ilmenite include pegmatites, sedimentary rocks and metamorphic rocks.
Ilmenite is magnetic and is separated from other minerals using magnetic separators. Ilmenite is processed into synthetic rutile and used as a feedstock in the production of titanium pigment. Conversion of ilmenite to synthetic rutile increases the titanium dioxide concentration in the mineral. Synthetic rutile is the fastest growing application segment for ilmenite and this trend is anticipated to continue for the next six years. Ilmenite is abundantly available in nature and is primarily used in the production of titanium metal and titanium pigment. Titanium is generally extracted from ilmenite using chloride process or by reacting ilmenite with sulfuric acid. Titanium dioxide extracted from ilmenite is used as pigment in several industries including plastic, paints & coatings and paper among others. Over 90% of the global titanium dioxide production is used as pigment in these application segments.
Abundant and easy availability of ilmenite has been among foremost factors driving demand for ilmenite. Demand for ilmenite is profoundly dependent on demand for titanium metal and titanium dioxide. Major end user industries for titanium dioxide include automotive, packaging, construction and electronics among several others. Increasing demand for titanium dioxide is among major factors driving demand for ilmenite and the trend is anticipated to continue for a foreseeable future. Moreover, macroeconomic factors such as GDP growth are also among major growth factors for ilmenite market. Chloride process used for production of titanium pigment from ilmenite leads to production of harmful residues such as iron chloride. Owing to generation of hazardous wastes, there has been increasing intervention of various regulatory bodies to regulate the processing of ilmenite which has been a major factor restraining ilmenite market growth. Research and development to develop an eco friendly and efficient process to produce titanium from ilmenite is anticipated to offer huge growth opportunity in the market.
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Asia Pacific dominates the global ilmenite market and the trend is expected to continue during the forecast period. High growth in several end user industries in the emerging economies of India and China is expected to drive market growth in Asia Pacific. Asia Pacific is also expected to be the fastest growing region for ilmenite demand during the forecast period. North America is the second largest market for ilmenite closely followed by Europe. Demand for ilmenite is expected to grow at a sluggish rate in North America and Europe primarily owing to market saturation in several end user industries. Developing economies of South America and Africa are anticipated to offer huge growth opportunity in the market.
Ilmenite market is highly fragmented and several regional players engage in ilmenite extraction. Some of the key players in the ilmenite market include Yucheng Jinhe Industrial Co., Ltd., Jiangxi Jinshibao Mining Machinery Manufacturing Co., Ltd., Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd. and Abbott Blackstone among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
Jan 31, 2019 | Business
Metal Packaging plays an important role in the process of packaging and preservation. Globally, metal packaging has been witnessing a strong growth over the past few years on account of increasing health consciousness among consumers. There are several types of metal packaging used across the world. Use of cans is one of the most widely used type of metal packaging and it has become an important part of the human diet in developed and developing countries during past few years. It is of more value in those parts of the world where no or limited refrigeration exist for storing food. It is a mean of safely preserving foodstuffs, medicines, chemicals, etc. without microbiological deterioration. The global metal packaging is projected to reach more than US$ 150 Bn by 2026, with a decent CAGR in the forecast period.
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Global Metal Packaging Market Dynamics
Metal packaging has a lucrative business opportunity, since it has excellent printability, cost effective- high speed filling & packaging, glossy & high aesthetic value over other packaging materials. The market of global Metal Packaging is anticipated to be driven by many factors such as rise in packaged food intake, and beverages, particularly the increased consumption and use of canned fruits and vegetables and the trend towards ‘on-the-go’ lifestyles among progressively time-poor consumers. Nutrition retentive properties of metal packaging is one of the significant factors driving the market.
The growth of pharmaceutical industry and personal care industry is another major reason for the increasing demand of metal packaging. However, the increasing awareness of environmental concerns, and the adoption of new regulatory necessities on packaging recycling and the introduction of HDPE and PET bottles in packaging industry is anticipated to hinder the future growth of metal packaging market growth. To counter the alternative packaging material market, the metal packaging companies are also focusing on developing new metal packaging material prototypes and different product marketing strategies in order to keep on developing the market share in the global metal packaging market.
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Global Metal Packaging Market Segmentation
The global Metal Packaging market is segmented on the basis of product types such as cans, drums & pails, aerosols, lids, tubes, trays & foils, caps & closure and others. On the basis of metals used, the global metal packaging is segmented into aluminum, steel, tin and iron. On the basis of end use industry, the global metal packaging is divided into food & beverages industry (whipped cream, beer bottles, etc.), food services industry (catering services, etc.), oil & gas industry (storage of petroleum, etc.), chemical industry (storage of industrial solvents, etc.), personal care industry (deodorants, shave products, etc.), household products (air fresheners, crockery, etc.), industrial use (degreasers, spray paints, etc.) and many others.
Global Metal Packaging Market: Regional Outlook
Geographically, the Global Metal Packaging industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. North America currently holds the largest share in the global metal packaging market, as consumption rate of canned food is highest in North America. The second largest market in global metal packaging is Europe, followed by Asia Pacific, Latin America and then rest of the world. The high growth in market of Asia Pacific and Latin America markets is expected in the forecast period owing to the urge of convenient packaging across end use industries.
Global Metal Packaging Market Players
The major players identified across the value chain of global Metal Packaging market include Amcor of Limited, Ardagh Group, Alcoa Incorporated, CPMC, Manaksia Group, Emballator Metal Group, Crown Holdings, Grief Incorporated, Silgan Holdings, Rexam Plc, Jamestrong Packaging, Shetron Group, Ton Yi Industrial, Bericap Group, GM Metal Packaging Ltd., Fujian Fuzhen Metal Packaging Co. Ltd., etc. The companies are emphasizing on research and development and new product development in order to maintain the competitive advantage in global metal packaging market during the forecast period. Acquisitions and mergers are very rare in metal packaging market, which is the key strategy executed by major market players to gain competitive advantage.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
