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Vietnam Aluminium Profiles and Fittings Market – Segmented by Product, Type, Size, End-User Industry, Mode of Application, and Application – Growth, Trends, and Forecast (2018 – 2023)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Việt Nam |
| Unknown | Published: 25-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Việt Nam
- pages
- Published: 25-06-2019
Market Overview
The market for aluminium profiles & fittings in Vietnam is expected to register a CAGR of 7.91% during the forecast period, 2018 to 2023. By end-user, the construction industry accounted the largest market share with approximately 73% of the Vietnam aluminium profiles & fittings market.
Positive Development of the Construction Industry Driving the Market
The Vietnamese construction industry experienced positive growth during the 2013-2017 period. This growth was boosted by the implementation of the government’s Seventh Five-year National Socio-Economic Development Plan (2011–2015). As part of this, the government developed various industrial, agricultural, and infrastructural projects across the country during 2011–2015. The country’s construction industry is expected to expand over the forecast period (2018–2023), due to investments in transport infrastructure, energy and utilities, and affordable housing projects. As the saga of construction development is still on wheels, this premise also has the potential to provide a significant opportunity for the market studied in the nearby future.
Construction Segment to Contribute Significant Demand to the Market
The Vietnam construction industry attained the highest CAGR in the past decade, due to continuous surge in sales from nearly USD five billion in 2007, to approximately USD 13 billion in 2017. In 2017, the construction industry continued to experience strong growth, along with GDP growth, witnessing a CAGR 8.7% due to active contributions from fields, such as urban development, technical infrastructure, and housing. The construction industry attracted a lot of companies, with nearly 16,000 newly established companies accounting for 12% of the total number of companies, up 10.6% when compared to 2016.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Scope of the Report
1.2 Study Assumptions
1.3 Study Deliverables
1.4 Research Phases
2. EXECUTIVE SUMMARY
3. MARKET INSIGHTS
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 PESTLE Analysis
3.4 Trade Analysis
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Positive Development of the Construction Industry
4.1.2 Growing Popularity of Xingfa Aluminum Door
4.2 Restraints
4.2.1 Threat of Counterfeit Goods
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Growing Demand Scenario of Industrial Machinery
4.3.2 Increasing Domestic Automotive Production
4.3.3 Other Opportunities
5. MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)
5.1 By Product Type
5.1.1 Profiles
5.1.2 Fittings
5.2 By Type
5.2.1 Fixed Sash
5.2.2 Movable Sash
5.3 By Size
5.3.1 Small
5.3.2 Large
5.4 By End-User Industry
5.4.1 Transportation
5.4.2 Industrial Machinery
5.4.3 Construction
5.4.3.1 Residential
5.4.3.1.1 Apartments
5.4.3.1.2 Houses
5.4.3.1.2.1 Village
5.4.3.1.2.2 Normal Houses
5.4.3.2 Commercial (Office/Commercial Building)
5.4.3.3 Industrial
5.4.3.4 Infrastructure
5.4.4 Others
5.5 By Mode of Application
5.5.1 New Construction
5.5.2 Repair/Rehabilitation (After Market)
5.6 By Application
5.6.1 Exterior Aluminum Door and Window
5.6.2 Interior Aluminum Door and Window
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
7. COMPANY PROFILES (OVERVIEW, PRODUCTS & SERVICES, FINANCIALS**, AND RECENT DEVELOPMENTS)
7.1 PARKET HANNAFIN
7.2 NORSK HYDRO ASA
7.3 TAIXING SAINTY INDUSTRY CO. LTD
7.4 LIXIL GLOBAL MANUFACTURING VIETNAM CO. LTD (LIXIL GROUP CORPORATION)
7.5 TAIWAN ALUMINUM (CSALUMINUM CORPORATION)
7.6 GUANGDONG XINGFA ALUMINIUM CO. LTD
7.7 COZYDOOR ALUMINUM PROFILE
7.8 DONG A ALUMINUM COMPANY LIMITED (EAST ASIA ALUMINUM CO. LTD)
7.9 DONG THANH ALUMINUM JOINT STOCK COMPANY
7.10 R.MAX (YNGHUA GROUP)
7.11 PMA (ATC VIETNAM COMPANY LIMITED)
7.12 SAIGON TRADING AND PRODUCTION INVESTMENT COMPANY LIMITED
7.13 NAM HAI GROUP
7.14 TRUC ANH MINH TRADING CO. LTD
*List not Exhaustive
8. DISCLAIMER
MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)
By Product Type
Profiles
Fittings
By Type
Fixed Sash
Movable Sash
By Size
Small
Large
By End-User Industry
Transportation
Industrial Machinery
Construction
Residential
Apartments
Houses
Village
Normal Houses
Commercial (Office/Commercial Building)
Industrial
Infrastructure
Others
By Mode of Application
New Construction
Repair/Rehabilitation (After Market)
By Application
Exterior Aluminum Door and Window
Interior Aluminum Door and Window
Asia-Pacific Hot-melt Adhesives Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Asia-Pacific |
| 120 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Asia-Pacific
- 120 pages
- Published: 17-06-2019
Market Overview
The market for Asia-Pacific hot-melt adhesives is expected to register a CAGR of 6.55%, during the forecast period of 2019-2024. One of the major factors driving the market studied is the increasing demand from the automotive and packaging industries. Volatility in the availability and price of raw material are expected to hinder the growth of the market studied.
The paper, board, and packaging industry dominated the market in 2017, and is expected to continue its dominance during the forecast period, owing to the increasing production of tapes and labels.
The adoption of bio-based hot-melt adhesives is likely to act as an opportunity in the future.
China dominated the market across the region, followed by Japan and India.
Key Market Trends
Demand from the Healthcare Industry to Expand at a Lucrative Rate
Hot-melt adhesives are used on decorative laminates, respirators, surgical drapes, and wheelchair cushion assembly, to join surfaces and create effective bonds that maintain flexibility after bonding, in the healthcare industry.
Pressure-sensitive hot-melt adhesives are used on electrodes, first-aid dressing, toupee tapes, wound dressing, surgical drapes, monitor faceplates, micro plate cover tapes, insulin pump attachment, and ostomy appliances. These can also be used in a variety of sanitary products, like baby diapers, sanitary diapers, pet sheets, etc. Moreover, they are used as assembly and slip protection tapes in hygiene products.
Growing health awareness among people and changing lifestyles have increased the demand for hygiene products. Corporate advertising and various governmental education campaigns have increased the public awareness about various healthcare products, and this has, in turn, resulted in the market growth .
The Asia-Pacific healthcare industry is growing, due to the rise in aging population, increase in new diseases, awareness about health issues, and increasing income levels of individuals. This growth in demand for healthcare products is, in turn, driving the demand for hot-melt adhesives.
The aforementioned factors from the healthcare sector are expected to increase the demand for hot-melt adhesives, during the forecast period.
China to Dominate the Market
China is home to more than half of the world’s manufacturing capacity for electronics. More than half of the world’s mobile phones are made in China, along with almost all of the printed circuit boards. Chinese factories install two-fifths of the world’s semiconductors. Electronic products, such as smartphones, OLED TVs, tablets, etc., have the highest growth in the consumer electronics segment market. With increase in the disposable incomes of the middle-class population, the demand for electronic products is projected to grow in the near future, thereby driving the hot-melt adhesives market in the country. The demand for hot-melt adhesives from the automotive sector is growing at a high rate. The Chinese automotive manufacturing industry is the largest in the world. The automotive industry is growing rapidly, owing to the increasing automobile production (production increasing at a YoY of 2.36%, over 2017) and sales (sales increasing at a YoY of 3.08%, over 2017). Such factors, in turn, are likely to have a positive impact on the market studied.
Competitive Landscape
The Asia-Pacific hot-melt adhesives market is highly concentrated, with top 10 players accounting for approximately 60% of the market share, in 2017. DowDuPont Inc., 3M Company, Sika AG, Henkel AG & Co. KGaA, and Arkema Group (Bostik SA) are the key companies in the Asia-Pacific hot-melt adhesives market .
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Automotive and Packaging Industries
4.1.2 Rising Environmental Concerns Regarding Solvent-borne Adhesives
4.2 Restraints
4.2.1 Volatility in the Availability and Price of Raw Material
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Resin Type
5.1.1 Thermoplastic Polyurethane
5.1.2 Ethylene Vinyl Acetate
5.1.3 Styrenic-butadiene Copolymers
5.1.4 Polyolefins
5.1.5 Polyamide
5.1.6 Other Resin Types
5.2 End-user Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Woodworking and Joinery
5.2.4 Transportation
5.2.5 Footwear and Leather
5.2.6 Healthcare
5.2.7 Electronics
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 South Korea
5.3.5 ASEAN Countries
5.3.6 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 Alfa International Corporation
6.4.3 Arkema Group (Bostik SA)
6.4.4 Ashland Inc.
6.4.5 Avery Dennison Corp.
6.4.6 Sika AG
6.4.7 DowDuPont
6.4.8 Dymax
6.4.9 AICA ASIA Pacific Holding Pte Ltd
6.4.10 H.B. Fuller Co.
6.4.11 Henkel AG & Co. KGaA
6.4.12 Hexcel Corporation
6.4.13 Yokohama Industries Americas Inc.
6.4.14 Huntsman Corporation
6.4.15 Jowat SE
6.4.16 Mactac
6.4.17 Mapei Spa
6.4.18 Paramelt BV
6.4.19 Pidilite Industries Ltd
6.4.20 LORD Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Adoption of Bio-based Hot-melt Adhesives
MARKET SEGMENTATION
Resin Type
Thermoplastic Polyurethane
Ethylene Vinyl Acetate
Styrenic-butadiene Copolymers
Polyolefins
Polyamide
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Woodworking and Joinery
Transportation
Footwear and Leather
Healthcare
Electronics
Other End-user Industries
Geography
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
Philippines Structural Insulated Panels Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Philippines |
| 65 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Philippines
- 65 pages
- Published: 17-06-2019
Market Overview
The Philippines structural insulated panels market is expected to grow moderately, at an estimated CAGR of 4.21%, during 2019-2024. The market is driven by the increasing demand from the construction industry.
Increasing cold storage applications are likely to act as a market opportunity for market growth in the future.
In 2017, the building wall application dominated the market with a share of around 60%.
Key Market Trends
Increasing Demand from the Construction Industry
The rise in building and construction activities is the prominent factors augmenting the demand for structural insulated panels (SIPs).
Among the various non-conventional insulations being introduced to the construction industry, as the next-generation thermal insulation, SIPs appear to be one of the most promising insulation materials with the significant thermal insulating capacity.
Time and cost are the two parameters associated with construction activity that has long been considered as constraints for the growth of the industry. Overcoming these constraint has been one of the major hurdles in the country. Structural insulation panels act as one of the major solutions for these problems.
Number of constructions in the country registered a growth of 2.7% in 2017, with the total number of constructions generated from approved building permits reaching 152,01,2 and the non-residential constructions increased by 19.6%, reaching 21,349 constructions in 2017.
Furthermore, increasing construction and infrastructure spending in the country has been increasing from the past few years. In August 2018, government spending on infrastructure increased by 71%, to PHP 68.4 billion from PHP 40.1 billion, in the same month of 2017.
All the factors mentioned above increase the demand for the structural insulated panels in the construction sector, and are expected to drive the market in the coming years.
Increasing Demand for the Building Walls
Structural insulated wall panels are generally available in thicknesses of 4-1/2 inches and 6-1/2 inches. Manufacturing of curved wall panels are possible and it is often more practical to use stud framing for non-orthogonal geometries.
The whole wall R-value of a wall assembly is currently the best and the most followed method of quantifying the total thermal performance. The whole wall R-value takes the resistance of heat flown through an opaque cross sectional area of the insulation and structure into the accounts while the total loss of energy at the interfaces of the wall with the roof and floor are accounted.
The whole wall R-value of a 4-inch structural insulated wall panel is 14, whereas for a 2×4 wall it is less than 10. The whole wall R-value of a 2×6 wall is between 11 and 13.7, depending on the quality of the installation of batt insulation.
The elimination of thermal bridging and a more air tight envelope contributes to the higher whole wall R-value of structural insulated wall panels, compared to the conventional metal and wood stud walls.
The total volume of the panels used as structural insulated wall panels is much higher, compared to the volume of the panels used as structural insulated roof panels.
Philippines experienced a GDP growth rate of 6.7% in 2017, ranking the highest among the ASEAN nations, aided by the increasing consumption and higher investments, which, in turn, led to a strong rebound in export earnings.
All the aforementioned factors, in turn, increase the demand for the structural insulated panels.
Competitive Landscape
The Philippine structural insulated panels market is partly consolidated, with the top 10 players accounting for 60-70% of the total market share. The major companies include Ultra Insulated Panel Systems Corporation, VBLLU Inc., and iSTEEL Inc., among others.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Construction Sector
4.2 Restraints
4.2.1 Advancements in Building Technologies, such as Modular Construction Techniques
4.3 Industry Value-Chain Analysis
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product
5.1.1 Expanded Polystyrene (EPS) Panels
5.1.2 Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels
5.1.3 Glass Wool Panels
5.1.4 Other Products (Extruded Polystyrene Foam)
5.2 Application
5.2.1 Building Wall
5.2.2 Building Roof
5.2.3 Cold Storage
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 ENERCON Specialty Building Systems Corporation
6.4.2 iSTEEL Inc.
6.4.3 Kingspan Group
6.4.4 Metalink
6.4.5 Shanghai Seventrust Industry Co. Ltd
6.4.6 SRC Intl. Panel System Inc.
6.4.7 Supersonic Manufacturing Inc.
6.4.8 Ultra Insulated Panel Systems Corporation (UIPSC)�
6.4.9 Union Galvasteel Corporation (UGC)
6.4.10 VBLLU Inc.
6.4.11 Thermasip
6.4.12 Ultra Insulated Panel Systems Corporation
6.4.13 VBLLU Inc.
6.4.14 iSTEEL, Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Cold Storage Applications
MARKET SEGMENTATION
Product
Expanded Polystyrene (EPS) Panels
Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panels
Glass Wool Panels
Other Products (Extruded Polystyrene Foam)
Application
Building Wall
Building Roof
Cold Storage
Syngas Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 150 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 150 pages
- Published: 17-06-2019
Market Overview
The market for syngas is expected to grow at a CAGR of 11.02 % during the forecast period of 2019 – 2024. Major factors driving the market studied are feedstock flexibility for syngas production and the growing chemical industry. High capital investment and funding are expected to hinder the growth of the market studied.
The demand from the chemical industry dominated the market in 2017 and is expected to grow during the forecast period, owing to the increasing demand from the chemical industry. The market is further expected to grow, owing to the rising demand from gaseous fuels.
Development of underground coal gasification technology is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe, with the largest consumption, holding a lion’s share in the market, followed by North America and Europe.
Key Market Trends
Increasing Demand from Chemical Industry
Syngas is one of the widely used fuel gas mixtures, which primarily consists of carbon monoxide and hydrogen. It is often used as fuel in engines and its energy density is about half of natural gas.
Syngas is used to create synthetic natural gas (SNG). It is seen as a viable alternative for usage as fuel in the form of LNG or CNG and it can be used in road, rail, marine, and other transport.
Syngas can be used to fuel gas engines for various purposes, such as power supply, where it can be used for benefits like low energy costs, stability, and predictability.
Syngas can be used effectively for both heat and electrical supply, as it can provide high electrical efficiency compared to other power generation technologies, such as steam turbines. It requires less pressure and its disposal is easier when it cannot be used for power or heat generation.
The Demand from Asia-Pacific to Expand at a Lucrative Rate
Asia-Pacific dominated the global market share in 2017, with rising demand from the chemical industry, primarily from refineries. China’s refinery capacity is about 14,177 thousand barrels per day, which constitutes 14.6% of the world’s refining capacity. China is a hub for chemical processing, accounting for the majority of chemicals produced, globally. With the growing global demand for various chemicals, the demand for syngas from this sector is expected to increase significantly during the forecast period. The Chinese oil and gas sector is dominated by four national and provincial oil companies, which include PetroChina, Sinopec, China National Offshore Oil Corporation (CNOOC), and Yanchang Petroleum. PetroChina and Sinopec account for 31% and 45% of the total crude oil refining capacity in the country, respectively. Moreover, the consumption of both liquid and gaseous fuels is increasing exponentially in the country. This is expected to augment the syngas market’s growth over the forecast period. India was the third largest oil consumer in the world in 2017. The country has 600 million metric ton (MMT) of oil reserves and 43.8 trillion cubic feet of natural gas reserves. However, it is focusing on increasing its domestic production. India’s refinery capacity is about 4,620 thousand barrel per day, constituting about 4.7% of the world’s refining capacity. In India, the demand for increasing refining capacity is primarily due to the growing demand for fuel. Increasing sales of passenger cars, replacement of LPG as a cooking fuel, increasing urbanization, along with demand for infrastructure and consumer goods, are some of the factors augmenting the demand for fuel. The aforementioned factors are projected to increase the consumption of syngas during the forecast period.
Competitive Landscape
The global syngas market is fragmented, with key players including Air Products and Chemicals Inc., the Linde Group, L‘Air Liquide SA, and Sasol. The other major players in the market include Haldor Topsoe A/S, Shell, KBR Inc., etc.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Feedstock Flexibility for Syngas Production
4.1.2 Growing Demand for Electricity
4.1.3 Growing Chemical Industry
4.2 Restraints
4.2.1 High Capital Investment and Funding
4.3 Industry Value-Chain Analysis
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 End-user Industry
5.1.1 Power Generation
5.1.2 Chemicals
5.1.2.1 Methanol
5.1.2.2 Ammonia
5.1.2.3 Oxo Chemicals
5.1.2.4 N-Butanol
5.1.2.5 Hydrogen
5.1.2.6 Dimethyl Ether
5.1.3 Liquid Fuels
5.1.4 Gaseous Fuels
5.2 Feedstock
5.2.1 Coal
5.2.2 Natural Gas
5.2.3 Petroleum
5.2.4 Pet-coke
5.2.5 Biomass
5.3 Technology
5.3.1 Steam Reforming
5.3.2 Partial Oxidation
5.3.3 Auto-thermal Reforming
5.3.4 Combined or Two-step Reforming
5.3.5 Biomass Gasification
5.4 Gasifier Type
5.4.1 Fixed Bed
5.4.2 Entrained Flow
5.4.3 Fluidized Bed
5.5 Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Australia & New Zealand
5.5.1.6 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 US
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.2.4 Rest of North America
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 UK
5.5.3.3 Italy
5.5.3.4 France
5.5.3.5 Spain
5.5.3.6 Russia
5.5.3.7 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Air Products & Chemicals Inc.
6.4.2 Air Liquide
6.4.3 BASF SE
6.4.4 BP PLC
6.4.5 ECUST
6.4.6 John Wood Group PLC
6.4.7 General Electric
6.4.8 Haldor Topsoe AS
6.4.9 KBR Inc.
6.4.10 The Linde Group
6.4.11 Royal Dutch Shell
6.4.12 Sasol
6.4.13 Siemens AG
6.4.14 TechnipFMC PLC
6.4.15 Yara
6.4.16 SynGas Technology LLC
6.4.17 OXEA GmbH
6.4.18 Dakota Gasification Company
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Utilization of Biomass and Municipal Waste
7.2 Development of Underground Coal Gasification Technology
MARKET SEGMENTATION
End-user Industry
Power Generation
Chemicals
Methanol
Ammonia
Oxo Chemicals
N-Butanol
Hydrogen
Dimethyl Ether
Liquid Fuels
Gaseous Fuels
Feedstock
Coal
Natural Gas
Petroleum
Pet-coke
Biomass
Technology
Steam Reforming
Partial Oxidation
Auto-thermal Reforming
Combined or Two-step Reforming
Biomass Gasification
Gasifier Type
Fixed Bed
Entrained Flow
Fluidized Bed
Geography
Asia-Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
Italy
France
Spain
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Floor Coatings Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 150 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 150 pages
- Published: 17-06-2019
Market Overview
The market for floor coatings is expected to grow at a CAGR of 6.15 % during the forecast period of 2019–2024. One of the major factors driving the market studied is the number of increasing housing construction activities in the emerging economies of Asia-Pacific. There are strict regulations on VOCs released for floor coatings.
The demand for floor coatings from industrial coatings dominated the market in 2017 and is expected to grow during the forecast period, owing to the increasing demand from the chemical industry.
The promising performance of polyaspartic coatings is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe, with the largest consumption from China and India.
Key Market Trends
Demand for Concrete Floor Coatings to Boost the Market
Concrete has become one of the viable materials for flooring in modern houses. Presently, concrete flooring can be easily found in the polished, stained, or etched from, in houses.
In houses, concrete flooring finds application almost everywhere, including in the kitchen, bathroom, basement, entry, foyer, mudroom, bathroom, garage, etc.
Apart from residential applications, concrete is also widely used in commercial areas. For instance, in retail stores, offices, restaurants and bars, schools, churches, medical institutions, and industrial buildings.
Concrete flooring has certain benefits, such as unlimited designs and patterns, extreme durability, very low maintenance demand, stain resistance, etc.
Floor coatings serve as a sealer on the concrete. The application of coating helps avoid seepage, staining, and cracking of concrete.
Additionally, it reduces allergens by avoiding the growth of microorganisms, which may develop on the floor due to seepage or spillage.
Asia-Pacific to Dominate the Market
Asia-Pacific dominated the global market share in 2017. Increasing housing construction activities in the emerging economies of Asia-Pacific have also hugely contributed to the growth of the market studied. Despite volatile growth in the real estate sector, significant development of rail and road infrastructure by the Chinese government (in order to withstand demand from the growing industrial and service sectors) has resulted in the robust growth of the Chinese construction industry, in the recent years. As the construction industry is dominated by state-owned and private enterprises, increased government and private expenditure in this regard is pushing the industry toward global primacy. In recent years, the entry of major construction players from the European Union, in China, has further boosted the growth of this industry. The construction sector in India has been growing rapidly, with increased investment by the government. The Indian government’s ‘Housing for All by 2022’ is also a major game changer for the industry. A cumulative total of USD 24.67 billion in foreign direct investment was made toward construction activities (including townships, built-up infrastructure, and construction-development projects) in the country, between April 2000 and December 2017. Such factors are, in turn, boosting the demand for floor coatings in the region.
Competitive Landscape
The global floor coatings market is fragmented, with the top 10 players accounting for around one-third of the revenue share. The top companies in the market include Sika AG, The Sherwin-Williams Company, PPG Industries Inc., and AkzoNobel NV.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand from the Power Industry
4.1.2 Increase in Demand for Desalination Activity
4.1.3 Increase in Demand from the Chemical Industry
4.2 Restraints
4.2.1 Stagnant Industrial Growth in Developed Countries
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Regulatory Policy Analysis
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Epoxy
5.1.2 Polyaspartics
5.1.3 Acrylic
5.1.4 Polyurethane
5.1.5 Other Product Types
5.2 Floor Material
5.2.1 Wood
5.2.2 Concrete
5.2.3 Other Floor Materials (Stone, Granite, Tiles)
5.3 Coatings Component
5.3.1 One-component (1K)
5.3.2 Two-component (2K)
5.3.3 Three-component (3K)
5.3.4 Other Components (4K, 5K, etc.)
5.4 End-user Industry
5.4.1 Residential
5.4.1.1 Indoor
5.4.1.2 Outdoor
5.4.2 Commercial
5.4.2.1 Parking Lots
5.4.2.2 Retail Outlets
5.4.2.3 Warehouses
5.4.2.4 Other Commercial Industries
5.4.3 Industrial
5.4.3.1 Chemical Industry
5.4.3.2 Food and Beverage Industry
5.4.3.3 Other Industries
5.5 Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Australia & New Zealand
5.5.1.6 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 US
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.2.4 Rest of North America
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 UK
5.5.3.3 Italy
5.5.3.4 France
5.5.3.5 Russia
5.5.3.6 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Akzo Nobel NV
6.4.2 ArmorPoxy
6.4.3 Asian Paints PPG Pvt Ltd
6.4.4 BASF SE
6.4.5 Epoxy-Coat
6.4.6 Henkel AG & Co. KGaA
6.4.7 Jotun
6.4.8 Kansai Nerolac Paints Limited
6.4.9 LATICRETE International Inc.
6.4.10 Mapei
6.4.11 Maris Polymers
6.4.12 NIPSEA Group (Nippon Paint)
6.4.13 PPG Industries Inc.
6.4.14 RPM International Inc. (Flocrete)
6.4.15 Sika AG
6.4.16 StoCretec GmbH
6.4.17 Tambour
6.4.18 Teknos Group
6.4.19 The Sherwin-Williams Company
6.4.20 Tikkurila Oyj
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Popularity of Eco-friendly Bio-based Floor Coatings
7.2 Promising Performance of Polyaspartic Coatings
MARKET SEGMENTATION
Product Type
Epoxy
Polyaspartics
Acrylic
Polyurethane
Other Product Types
Floor Material
Wood
Concrete
Other Floor Materials (Stone, Granite, Tiles)
Coatings Component
One-component (1K)
Two-component (2K)
Three-component (3K)
Other Components (4K, 5K, etc.)
End-user Industry
Residential
Indoor
Outdoor
Commercial
Parking Lots
Retail Outlets
Warehouses
Other Commercial Industries
Industrial
Chemical Industry
Food and Beverage Industry
Other Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Hot-melt Adhesives Market – Growth, Trends, and Forecast (2019 – 2024)
| Chemical & Materials | Published by: Mordor Intelligence | Market: Global |
| 165 pages | Published: 17-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- Global
- 165 pages
- Published: 17-06-2019
Market Overview
The market for hot-melt adhesives is expected to grow at a CAGR of 6.31%, during the forecast period of 2019–2024. Major factors driving the market studied are the increasing demand from the automotive and packaging industries in Asia-Pacific and the rising environmental concerns regarding solvent-borne adhesives. Volatility in the availability and price of raw materials are forcing internal substitutions, which is expected to hinder the growth of the market studied.
The ethylene vinyl acetate segment dominated the market in 2017 and is expected to grow during the forecast period, owing to the increasing demand from the paper, board, and packaging industry, across the globe.
The adoption of bio-based hot-melt adhesives is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe, with the largest consumption from countries such as China, India, and Japan.
Key Market Trends
Increasing Demand from the Paper, Board and Packaging Industry
An extremely high proportion of all industrial products are sold in packaging – either due to stability requirements for storage and transport or for aesthetic reasons. Hot-melt adhesives are mainstream adhesives in the paper, board, and packaging industry. They are most widely used for carton closing, sealing, and pallet stabilization.
Applications of hot-melt adhesives range from corrugated box construction and lamination of printed sheets, to packaging materials used for all types of consumer products and the production of large industrial tubes and cores.
Although normal envelopes and paper bags consist of just a single layer of material, most packaging materials used nowadays are of different materials laminated together.
The most crucial market for hot-melt adhesives has been packaging. The production of tapes and labels has been experiencing immense growth. The improvement in living standards and higher incomes, especially in developing countries, have increased the demand for a broad range of products, all of which require packaging. Moreover, the growing market for e-commerce and online purchasing is providing huge support and opportunities to the hot-melt adhesives market.
Hot-melt adhesives are an excellent solution for carton closing, sealing, and pallet stabilization for food, beverages, and other consumer and industrial products. PUR hot-melts offer stronger adhesion and cure better than traditional hot-melts, which make it a prudent choice in the growing industrial packaging industry.
In addition, these adhesives are also available in clear versions, making it easy to hide any glue lines, to give an appearance of continuity in the material. The high visibility makes the clear box and folding carton packaging more attractive to consumers.
These adhesives can bond small cartons to heavy wrap-around cases. The adhesive is perfect for packaging in various industries. Perfumes, cosmetics, and beauty products are customarily packaged in transparent cases. PU hot-melt adhesives are used to seal packages, in order to ensure a clear application, and help in dispensing a perfect end product.
The food packaging industry is improving while coinciding with environmental protection measures, and high-speed and fully-automated equipment. The PUR hot-melt sealing process is expected to gradually replace conventional bundled packaging and tape packaging, owing to its excellent binding force, good quality, and beautiful appearance.
Most of the demand for packaging is from the food and beverage industry. On the other hand, healthcare products are the largest users of folding cartons. These end-user segments are likely to boost the demand for PU hot-melt adhesives in the coming years.
Some of the major manufacturing companies for packaging applications of hot-melt adhesives include 3M, Arkema, Henkel, Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd, DowDuPont Inc., etc.
Asia-Pacific Region to Dominate the Market
Asia-Pacific dominated the global market in 2017. With growing packaging and healthcare industries in countries like China, India, Japan, and South Korea, the consumption of hot-melt adhesives is increasing in the region. In 2017, the annual GDP growth rate in China grew from 6.7%, to reach 6.9%. The GDP is further expected to record similar growth in 2018 and in the years to come. The demand for hot-melt adhesives from the automotive sector is growing at a high rate. China is by far the largest automotive manufacturer in the world, since 2009, with the current share of production at over 29%. In 2017, the Chinese automotive industry recorded a growth of 3.19% and reached a total of 29,015,434 units. Globally, China has the largest defense spending in the world, after the United States. The country is planning to boost its military spending by more than 8% in 2019, with the aim to further advance its armed forces. The defense expenditure in China was over USD 174.5 billion in 2018. Such positive growth in the defense budget is likely to increase the usage of hot-melt adhesives in the defense industry, throughout the forecast period. Henkel AG & Co. KGaA, 3M Company, AICA ASIA Pacific Holding Pte Ltd, Paramelt BV, Jowat AG, and Sika AG are some of the major hot-melt adhesive manufacturers in the country. Healthcare has become one of India’s largest sectors, in terms of revenue and employment. The industry is growing at a rapid pace, owing to increasing expenditure by both the government and private players. The increase in the number of tourists arriving in the country to seek medical facilities has boosted the healthcare sector. This has increased the demand for hot-melt adhesives in the country from the sector. The demand is expected to further increase from this sector during the forecast period. The aforementioned factors, coupled with government support, are contributing to the increasing demand for hot-melt adhesives consumption in the region during the forecast period.
Competitive Landscape
The global hot-melt adhesives market is highly concentrated, with the top ten players accounting for approximately 50% of the market share in 2017. The major companies include DowDuPont, Henkel AG & Co. KGaA, 3M, Sika AG, and Arkema Group (Bostik SA).
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Automotive and Packaging Industries in Asia-Pacific
4.1.2 Rising Environmental Concerns Regarding Solvent-borne Adhesives
4.2 Restraints
4.2.1 Volatility in the Availability and Price of Raw Materials, Forcing Internal Substitutions
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Resin Type
5.1.1 Thermoplastic Polyurethane
5.1.2 Ethylene Vinyl Acetate
5.1.3 Styrenic-butadiene Copolymers
5.1.4 Polyolefins
5.1.5 Polyamide
5.1.6 Other Resin Types
5.2 End-user Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Woodworking and Joinery
5.2.4 Transportation
5.2.5 Footwear and Leather
5.2.6 Healthcare (including Hygiene Products)
5.2.7 Electronics
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 US
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.2.4 Rest of North America
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 UK
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Spain
5.3.3.6 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 Alfa International Corporation
6.4.3 Arkema Group (Bostik SA)
6.4.4 Ashland Inc.
6.4.5 Avery Dennison Corp.
6.4.6 Sika AG
6.4.7 DowDuPont
6.4.8 Dymax
6.4.9 AICA ASIA Pacific Holding Pte Ltd
6.4.10 HB Fuller Co.
6.4.11 Henkel AG & Co. KGaA
6.4.12 Hexcel Corporation
6.4.13 Yokohama Industries Americas Inc.
6.4.14 Huntsman Corporation
6.4.15 Jowat SE
6.4.16 Mactac
6.4.17 Mapei SpA
6.4.18 Paramelt BV
6.4.19 Pidilite Industries Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Adoption of Bio-based Hot-melt Adhesives
7.2 Innovative Product Developments to Gain Competitive Edge
MARKET SEGMENTATION
Resin Type
Thermoplastic Polyurethane
Ethylene Vinyl Acetate
Styrenic-butadiene Copolymers
Polyolefins
Polyamide
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Woodworking and Joinery
Transportation
Footwear and Leather
Healthcare (including Hygiene Products)
Electronics
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East & Africa
Saudi Arabia
South Africa
Rest of Middle-East & Africa