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Anti-Reflective Coatings Market Significant Growth During 2014 – 2020

Anti-reflective coatings are applied on a wide variety of commonly used products such as eyeglasses, touch screens in electronic devices, flat panel displays, and smartphone displays. Ripe demands from these mature application areas are the chief factors why the global anti-reflective coatings market is progressing at a steady pace. However, the market is expected to benefit mostly from rising demands from solar power generation and telecommunications industries.

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Anti-reflective coatings are optical thin film coatings that help reduce reflections from a variety of surfaces. These coatings increase transmission by reducing loss of light through reflectance. At the point where glass meets air, nearly 4% of light falling upon the glass at perpendicular angle is lost due to reflection. The percentage of light lost in such cases keeps increasing with increase in light’s angle of incidence. For solar panels, especially, light reflected is light wasted. Application of anti-reflective coatings on solar panel glasses helps in minimizing reflection of light, and thus in delivering better light transmission.

According to TMR, he global anti-reflective coatings will exhibit an impressive CAGR of 8.2% over the period between 2014 and 2020, rising to a revenue opportunity of over US$4.9 billion by 2020.

Eyewear Industry to Remain Leading Consumer of Anti-reflective Coatings

The report covers the key end use industries for anti-reflective coatings, including eyewear, solar, automobile, and electronics. Of these, the eyewear industry is presently the leading consumer of anti-reflective coatings market and is likely to remain one of the most promising end use sectors for the market in the next few years as well. The industry presents demand for anti-reflective coatings for use in high light transmitting products and comfortable lenses and eyeglasses. In 2013, the industry contributed nearly 40% of the overall revenue of the global market.

Other than eyewear and solar power generation, the electronics industry is another leading consumer of anti-reflective coatings. In 2013, second-largest share in the market was held by the electronics industry. The robust smartphone industry, rising global demand for flat panel displays, and the use of anti-reflective films during photolithography during fabrication of semiconductors make the electronics industry an important end user of the market. Owing to rising use in applications such as dashboards and high transmitting windows in a variety of vehicles, the automotive industry has also emerged as an important end use sector of the anti-reflective coatings market.

Asia Pacific to Emerge as a Leading Regional Market for Anti-reflective Coatings

From a geographical standpoint, the regional anti-reflective coatings market in North America accounted for nearly 35% of the overall market in 2013. Dominance of this regional market is likely to remain unhindered in the near future as well due to rising demands for anti-reflective coatings from eyeglasses and flat panel displays. The market for anti-reflective coatings in Europe has also witnessed steady expansion in the past years and likely to embark upon a strong growth path in the near future owing to the well-established eyewear, solar power, and automotive industries.

The Asia-Pacific anti-reflective coatings market is expected to present the most promising growth prospects over the report’s forecast period. High demand from the electronics industry and steady expansion of industries such as automotive and solar power in the region are expected to remain the leading factors driving the market for anti-reflective coatings in the near future.

Some of the leading vendors in the market are Carl Zeiss AG, Hoya Corporation, Royal DSM, Optical Coatings Japan, PPG Industries Inc., JDS Uniphase Corporation, Honeywell International Inc., and Essilor International S.A.

Acephate Market to Record Sturdy Growth by 2023

Acephate is an organophosphate foliar insecticide sold as a soluble powder, as emulsifiable concentrates, as pressurized aerosol, and in tree injection systems and granular formulations. It is basically an insecticide made of esters of phosphoric acid. It is used primarily for control of aphids, including resistant species, in vegetables such as carrots, potatoes, tomatoes and lettuce. Acephate is an organophosphate insecticide. It is used on food crops, citrus trees, as a seed treatment, on golf courses, and in commercial or institutional facilities. In addition, it is used in horticulture on roses and greenhouse ornamentals. Acephate controls caterpillars, sawflies and thrips and by direct application to mounds, it is effective in destroying imported fire ants.
One of the primary factors driving acephate market is the growing agriculture industry. The increased crop production to cater to the growing population makes the usage of agrochemicals essential on farmlands. Acephate plays a very important role in farming activities. The growing agriculture industry and necessity of faster crop production are the main drivers for the market of acephate. The market of acephate is expected to grow significantly in the coming years. However, acephate emits toxic fumes of phosphorus, nitrogen, and sulfur oxides when heated to decomposition. Symptoms of exposure to acephate include a slight irritation of eyes and skin. The EPA classifies acephate as a “possible human carcinogen.” For instance, when animals are fed acephate in their diets for two years, a greater number of them had liver or adrenal gland tumors These parameters may hamper the market growth of acephate in the near future.
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Acephate can kill target insects when they touch it or eat it. When insects eat acephate, their bodies turn it into a chemical called methamidophos, which is another, stronger insecticide. Acephate is less toxic in mammals because mammal bodies do not turn it into methamidophos very well. Acephate and methamidophos affect the nervous system, causing over-activity in the nerves, muscles, or brain. Acephate is absorbed into plants, so insects that feed on treated plants may eat acephate.
In terms of global demand, Asia Pacific region is estimated to acquire the lead position for acephate over the forecast period. Currently, China is the highest importer for the acephate market. Morevoer, with increase in production of acephate in past few years, China is likely to lead the export markets by 2020, followed by India and Japan owing to a fast paced demand. The U.S. and Germany are the leading acephate producing countries in North America and Europe respectively. They are expected to show similar trend over the forecast period. The U.S. is considered as mature market for acephate imports. However, the export markets are estimated to show demand in next few years. Europe is anticipated to decline in domestic as well as the global acephate market. Other European countries such as France and Italy are likely to become the largest consumers of acephate. Rest of the world region, especially Africa is estimated to show potential markets over the coming years.

At present, manufacturers such as Bayer Crop Science AG, Drexel Chemical Company, Gujarat Pesticides Private Limited and Kenvos Biotech Company Limited dominate the carbaryl market.

Sodium Silicate Market Progresses for Huge Profits During 2014 – 2020

The Europe market for sodium silicate is competitive in nature and is projected to enjoy a healthy competition in the next few years, states a new market intelligence report by Transparency Market Research. Some of the key players operating in the sodium silicate market in Europe are PPG Industries, PQ Corporation, Evonik Industries, Tokuyama Europe GmbH, BASF SE, and W.R. Grace & Company. The leading players in the market are focusing on the different stages of the value chain. Some of these companies are captively consuming the soda ash for the production of the sodium silicate and then provide services to the industries, such as agriculture, detergents and cleaning agents, elastomers, coatings, food and healthcare, and paper and pulp. As a result, the leading companies in the market have a robust presence across the different stages of the value chain. In addition to this, research and development activities in the market are estimated to accelerate the growth of the overall market in the next few years.
Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3179
According to the market research study by Transparency Market Research, in 2013, the Europe market for sodium silicate was worth US$808.8 mn and is projected to reach a value of US$897.6 mn by the end of 2020. The market is likely to register a 1.50% CAGR between 2014 and 2020. On the basis of volume, in 2013, the Europe sodium silicate market stood at 1,005 kilo tons and is predicted to witness a steady rise throughout the forecast period.
Rising Demand for Automotive Tires to Drive Italy, France, and Germany Markets
The Europe market for sodium silicate has been categorized on the basis of geography into Austria, Germany, Slovakia, The Czech Republic, Ukraine, Italy, France, Poland, and the Rest of Europe. In 2013, France, Italy, and Germany collectively accounted for a share of about 40% of the market. As per the research study, these countries are projected to register a strong growth rate in the next few years. The high growth of these nations can be attributed to the rising manufacturing activities of automotive tires. Furthermore, several countries in the Rest of the Europe segment, such as Spain, the U.K., and the Netherlands are predicted to experience a promising growth, thanks to the rapid development of the detergents industry.
Among the key applications, the detergents segment is expected to witness a high growth throughout the forecast period. The strong growth of this region can be attributed to the development of the specialty detergents and cleaning products market. Furthermore, the segment for elastomers is anticipated to register a high growth in the next few years, thanks to the development of the automotive industry across Europe. Furthermore, the food and healthcare, catalysts, and other application segments are predicted to register a healthy growth in the coming few years.
Development of Construction Industry to Encourage Market Growth
The growing demand for detergents across Europe and the increasing demand for precipitated silica from the tire and rubber industry are some of the major factors that are projected to encourage the growth of the Europe sodium silicate market throughout the forecast period. In addition to this, the rising demand from the paper and pulp industry is another major factor, which is likely to accelerate the growth of the market in the near future. On the other hand, the rising use of substitutes in several applications and the harsh effects of sodium silicate are projected to restrict the growth of the overall market in the near future. Nonetheless, the rapid growth of the construction industry is projected to offer potential growth opportunities for the market players in the next few years.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Sodium Silicate Market (Application – Detergents, Catalysts, Pulp and Paper, Elastomers, Food and Healthcare) – Europe Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”
Key Takeaways:

  • The rapid development of the tire and automotive industry is the key factor estimated to encourage the growth of the sodium silicate market in Europe.
  • Development of the construction industry to support the growth of the Europe sodium silicate market in the next few years.

To get more info visit:  https://globenewswire.com/news-release/2017/11/14/1185875/0/en/Sodium-Silicate-Market-to-reach-US-5-81-bn-by-2025-globally-Transparency-Market-Research.html

Rubber Processing Chemicals Market to Expand with Significant CAGR During 2016 – 2024

The global rubber processing chemicals market features a fairly competitive landscape, notes Transparency Market Research (TMR). The top four players—BASF SE, Lanxess Aktiengesellschaf, Akzo Nobel N.V., and Eastman Chemical Company—accounted a combined share of nearly 41% in 2015. Leading players are likely to retain their dominance on account of their wide product portfolio and a robust geographic reach. Some of the other prominent manufacturers in the rubber processing chemicals are Emerald Performance Materials, Solvay, Merchem Limited, China Petroleum & Chemical Corporation, and Sumitomo Chemical Company.
TMR observes that relentless efforts by market players to bring product innovations will lead to intense degree of competition in the rubber processing chemicals market in the coming years. The entry of regional players in recent years and their focus on high-performing rubber processing chemicals will offer stiff competition to the incumbent players.
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The global rubber processing chemicals market stood at a revenue worth of US$3.4 billion in 2015. Rising at 4.7% CAGR during 2016–2024, the global market is projected to touch a valuation of US$5.1 billion by 2024 end.
Among the broad applications types, the demand for rubber processing chemicals in making tires is by far the dominant and it accounted for a whopping share exceeding 70% in 2015 in the global market. The demand for these in manufacturing tires is likely to rise at substantial pace driven by the vast strides being witnessed in the manufacturing of new vehicles. The use of these chemicals enhances the functionality of rubber tires.
Of all the key regional markets for rubber processing chemicals, Asia Pacific held the major share in 2015 amounting to 62%. A thriving demand for rubber processing chemicals in the automotive and construction industries is bolstering the regional market growth, especially witnessed in emerging economies.
Burgeoning Demand in Tires and Non-Tires Applications accentuate Growth
The rubber processing chemicals is primarily driven by the burgeoning demand for these chemicals for tires and non-tires applications in a range of industries, including the construction, electric and electronics, aerospace, medical, and footwear production. The rapid strides taken by these industries is broadly contributing to the expansion of the overall market.
The growing use of rubber processing chemicals for tire manufacturing in the automotive industry is a notable factor boosting the market. The demand is increasingly catalyzed by the staggering sales of automobile sales in various parts of the world. The demand for rubber processing materials is notably bolstered by their use in making a variety of building and construction materials. The chemicals are extensively used in making sealants, insulating agents, roofing materials, and floor coverings. The versatility of use of rubber is key to underpinning the expansion of the rubber processing chemicals market.
Environmental Toxicity of Some Chemicals may be Setback to their Demand
The steady growth of the rubber processing chemicals market is also suffering from certain setbacks. The toxicity of some of the rubber processing chemicals may hinder their demand in some end-use industries. Concerns related to the adverse impacts of these chemicals on the environment are expected to hamper their demand in various parts of the world. This is backed by government regulations in some countries.
Nevertheless, the market will face favorable trends from the rising efforts by manufacturers to explore new chemicals for rubber processing. Moreover, a burgeoning automotive industry, coupled with the rising disposable incomes, is a crucial trend expected to catalyze the market growth over the assessment period.
The study presented here is based on a report by Transparency Market Research (TMR) Rubber Processing Chemicals Market (Type – Anti-degradants, Accelerators, Stabilizers, and Vulcanizing Agents; Application – Tire and Non-tire (Automotive, Building & Construction, Medical, Aerospace, Footwear, and Industrial)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.

To get more info visit: https://www.prnewswire.com/news-releases/rubber-processing-chemicals-market-to-reach-us-5-1-bn-by-2024-giant-leaps-in-construction-and-automotive-industry-impart-big-impetus-to-demand-tmr-812864612.htm

Polydicyclopentadiene (pDCPD) Market to Observe Strong Development 2020

Polydicyclopentadiene (pDCPD) is a thermoset polymer material engineered for high resistance against heat, chemicals and corrosion. Polydicyclopentadiene (pDCPD) has high impact strength and has a tough, rigid structure. Polydicyclopentadiene (pDCPD) is utilized in applications where mechanical properties and product service environments are critical. Polydicyclopentadiene (pDCPD) is produced by polymerization of low viscosity dicyclopentadiene (DCPD) monomer by a process called ring opening metathesis polymerization (ROMP) in presence of a catalyst. Polydicyclopentadiene (pDCPD) has properties similar to its substitutes such as advanced engineered thermoplastics, which are usually available at comparatively higher costs and are used for high performance specialized applications. The end use products include large vehicle body parts, machinery and equipment for construction, agriculture and chemical industry, shipping containers, sanitary ware and waste water treatment apparatus among other products. Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3899 Polydicyclopentadiene (pDCPD) are primarily used in specific product solutions, where mechanical stress and exposure to chemicals, heat and corrosive materials is high. They are extensively used by durable goods manufacturers and engineered materials industry for a specific range of applications. It is widely used for manufacturing automotives and equipment for agriculture, chemical and waste water treatment industries among several others. Polydicyclopentadiene (pDCPD) are used due to their physical and chemical properties. Polydicyclopentadiene (pDCPD) are structurally stable, and resistant to abrasion, chemicals and weather. These materials are easily recyclable and versatile in forming nature. Polydicyclopentadiene (pDCPD) can be easily molded into a variety of shapes and have higher tensile strength and flexibility for molding when compared to other materials available for similar purposes. These polymers have successfully replaced metals and ceramics for various durable goods and heavy duty equipment. The polydicyclopentadiene (pDCPD) market is driven by its demand in industrial goods including alloys machinery and high performance light automotives such as trucks and buses. Polydicyclopentadiene (pDCPD) finds applications in a specific range of applications it is a new product and currently used for niche applications. However, established substitutes such as high performance engineering thermoplastics and fluctuating raw material price are expected to be the major restraining factor for the polydicyclopentadiene (pDCPD) market. Novel applications could be a prospective opportunity for further demand growth in the market. In terms of geography, Asia Pacific is the largest consumer of polydicyclopentadiene (pDCPD) riding on high sales of end use application products to its large population base. Major industrial economies including China, India, Japan and South Korea are the major consumers of polydicyclopentadiene (pDCPD) for application in a variety of high performance durable goods. Two of the most populated countries, China and India are situated in Asia. Both these countries are growing rapidly and witnessing rising disposable income and purchase power parity of the general population. This in turn is expected to drive demand for large automotives such as buses and further for polydicyclopentadiene (pDCPD). High demand from the agriculture equipment manufacturers is expected to aid in further demand growth. North America is another major consumer for polydicyclopentadiene (pDCPD) especially in the automotive and manufacture of equipment for chemicals and waste water treatment. In Rest of the World, Brazil, Argentina and South Africa contribute to major demand for the market. Europe is expected to witness comparatively slower growth than other regions due to stringent government control over potentially harmful products.
Some of the market players include Mitsubishi Chemicals Corporation, The Dow Chemical Company, ExxonMobil Chemicals and Shell Chemicals among many others.

Pigments Market to be at Forefront by 2020

Effect pigments show special effects to different substrates that improve their quality and make them more enticing to consumers. An effect pigment can display a wide array of properties such as color travel and reflecting or refracting of light. They can also act as mirrors and show different color effect in a process referred to as iridescence. The most widely used pigments are produced from silver, titanium, and platinum.
The different kinds of effect pigments include helicons, polymer stacks, coated substrates, metal salt stacks, and mirrors. Polymer stacks contain iridescent film, coated substrates contain pearls, metal salt stacks contain OVPs, and mirrors comprise of metallic flakes.
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Effect pigments find application in different end-use industries such as fashion industry, automotive industry, etc. Effect pigments are typically laminar, i.e., they have a flat surface. They can be natural or synthetic. The effect pigments can be taken away once the intended effect is accomplished to create another effect pigment. Most of the effect pigments that are used are transparent and can be applied on different substrates, namely mica, kaolin, fluorophlogopite, and glass flake, among others.
GlobalEffect Pigments Market: Drivers and Restraints
Majorly boosting the global market for effect pigments are upcoming emerging trends in fashion, the automotive industry, and the consumer market. Swift pace of urbanization, growth in the market for paints and the coatings, and the building materials and plastic industry are also said to be catalyzing growth in the market. Developing economies across the world where industrialization and construction activities are booming along with consumerism, are main contributors to the demand for effect pigments. Effect pigments find application in automotive industry on account of their durable nature and special effects feature. A wide range of pigments that generate special effects such as decorative textures or angle dependent color have growing economic importance and are found in various end user applications and industrial products.
Acting as a challenge to the effect pigment industry is the continued globalization which makes certain markets mature leaving little scope for further growth. Manufacturers suffer from excess capacities in such regions. Besides, their fallout on the environment is also acting as a deterrent to their market. Europe, for instance, has strict regulations placed on their use which has dealt quite a blow to the effect pigment market in the region. However, lack of such stringent measures in countries of Asia Pacific, particularly China and India, has facilitated the production and use of effect pigments on a substantial scale in them.
GlobalEffect Pigments Market: Geographical Segmentation
Geographically, the key segments in the global effect pigments market are North America, Asia Pacific, Europe, and the Rest of the World. Among them, Asia Pacific is a key market, powered primarily by China which manufactures maximum effect pigments and also accounts for most of the demand in the market. Burgeoning automotive, paints and coatings, and plastic industries in the region is the prime reason for the increasing demand for effect pigments. North America follows Asia Pacific and Europe comes in the third position.
GlobalEffect Pigments Market: Competitive Landscape

In order to assess the competition prevailing in the global effect pigments market, the report profiles players such as Bayer AG, BASF SE, Atlanta, and Siberline Manufacturing Co., Inc. The report studies their market position, their sales and revenues, important strategies, and growth prospects in the future.

Sodium Silicate Market Progresses for Huge Profits During 2014 – 2020

The Europe market for sodium silicate is competitive in nature and is projected to enjoy a healthy competition in the next few years, states a new market intelligence report by Transparency Market Research. Some of the key players operating in the sodium silicate market in Europe are PPG Industries, PQ Corporation, Evonik Industries, Tokuyama Europe GmbH, BASF SE, and W.R. Grace & Company. The leading players in the market are focusing on the different stages of the value chain. Some of these companies are captively consuming the soda ash for the production of the sodium silicate and then provide services to the industries, such as agriculture, detergents and cleaning agents, elastomers, coatings, food and healthcare, and paper and pulp. As a result, the leading companies in the market have a robust presence across the different stages of the value chain. In addition to this, research and development activities in the market are estimated to accelerate the growth of the overall market in the next few years.
Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3179
According to the market research study by Transparency Market Research, in 2013, the Europe market for sodium silicate was worth US$808.8 mn and is projected to reach a value of US$897.6 mn by the end of 2020. The market is likely to register a 1.50% CAGR between 2014 and 2020. On the basis of volume, in 2013, the Europe sodium silicate market stood at 1,005 kilo tons and is predicted to witness a steady rise throughout the forecast period.
Rising Demand for Automotive Tires to Drive Italy, France, and Germany Markets
The Europe market for sodium silicate has been categorized on the basis of geography into Austria, Germany, Slovakia, The Czech Republic, Ukraine, Italy, France, Poland, and the Rest of Europe. In 2013, France, Italy, and Germany collectively accounted for a share of about 40% of the market. As per the research study, these countries are projected to register a strong growth rate in the next few years. The high growth of these nations can be attributed to the rising manufacturing activities of automotive tires. Furthermore, several countries in the Rest of the Europe segment, such as Spain, the U.K., and the Netherlands are predicted to experience a promising growth, thanks to the rapid development of the detergents industry.
Among the key applications, the detergents segment is expected to witness a high growth throughout the forecast period. The strong growth of this region can be attributed to the development of the specialty detergents and cleaning products market. Furthermore, the segment for elastomers is anticipated to register a high growth in the next few years, thanks to the development of the automotive industry across Europe. Furthermore, the food and healthcare, catalysts, and other application segments are predicted to register a healthy growth in the coming few years.
Development of Construction Industry to Encourage Market Growth
The growing demand for detergents across Europe and the increasing demand for precipitated silica from the tire and rubber industry are some of the major factors that are projected to encourage the growth of the Europe sodium silicate market throughout the forecast period. In addition to this, the rising demand from the paper and pulp industry is another major factor, which is likely to accelerate the growth of the market in the near future. On the other hand, the rising use of substitutes in several applications and the harsh effects of sodium silicate are projected to restrict the growth of the overall market in the near future. Nonetheless, the rapid growth of the construction industry is projected to offer potential growth opportunities for the market players in the next few years.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Sodium Silicate Market (Application – Detergents, Catalysts, Pulp and Paper, Elastomers, Food and Healthcare) – Europe Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”
Key Takeaways:

  • The rapid development of the tire and automotive industry is the key factor estimated to encourage the growth of the sodium silicate market in Europe.
  • Development of the construction industry to support the growth of the Europe sodium silicate market in the next few years.

To get more info visit:  https://globenewswire.com/news-release/2017/11/14/1185875/0/en/Sodium-Silicate-Market-to-reach-US-5-81-bn-by-2025-globally-Transparency-Market-Research.html

Polydicyclopentadiene (pDCPD) Market to Observe Strong Development 2020

Polydicyclopentadiene (pDCPD) is a thermoset polymer material engineered for high resistance against heat, chemicals and corrosion. Polydicyclopentadiene (pDCPD) has high impact strength and has a tough, rigid structure. Polydicyclopentadiene (pDCPD) is utilized in applications where mechanical properties and product service environments are critical. Polydicyclopentadiene (pDCPD) is produced by polymerization of low viscosity dicyclopentadiene (DCPD) monomer by a process called ring opening metathesis polymerization (ROMP) in presence of a catalyst. Polydicyclopentadiene (pDCPD) has properties similar to its substitutes such as advanced engineered thermoplastics, which are usually available at comparatively higher costs and are used for high performance specialized applications. The end use products include large vehicle body parts, machinery and equipment for construction, agriculture and chemical industry, shipping containers, sanitary ware and waste water treatment apparatus among other products. Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3899 Polydicyclopentadiene (pDCPD) are primarily used in specific product solutions, where mechanical stress and exposure to chemicals, heat and corrosive materials is high. They are extensively used by durable goods manufacturers and engineered materials industry for a specific range of applications. It is widely used for manufacturing automotives and equipment for agriculture, chemical and waste water treatment industries among several others. Polydicyclopentadiene (pDCPD) are used due to their physical and chemical properties. Polydicyclopentadiene (pDCPD) are structurally stable, and resistant to abrasion, chemicals and weather. These materials are easily recyclable and versatile in forming nature. Polydicyclopentadiene (pDCPD) can be easily molded into a variety of shapes and have higher tensile strength and flexibility for molding when compared to other materials available for similar purposes. These polymers have successfully replaced metals and ceramics for various durable goods and heavy duty equipment. The polydicyclopentadiene (pDCPD) market is driven by its demand in industrial goods including alloys machinery and high performance light automotives such as trucks and buses. Polydicyclopentadiene (pDCPD) finds applications in a specific range of applications it is a new product and currently used for niche applications. However, established substitutes such as high performance engineering thermoplastics and fluctuating raw material price are expected to be the major restraining factor for the polydicyclopentadiene (pDCPD) market. Novel applications could be a prospective opportunity for further demand growth in the market. In terms of geography, Asia Pacific is the largest consumer of polydicyclopentadiene (pDCPD) riding on high sales of end use application products to its large population base. Major industrial economies including China, India, Japan and South Korea are the major consumers of polydicyclopentadiene (pDCPD) for application in a variety of high performance durable goods. Two of the most populated countries, China and India are situated in Asia. Both these countries are growing rapidly and witnessing rising disposable income and purchase power parity of the general population. This in turn is expected to drive demand for large automotives such as buses and further for polydicyclopentadiene (pDCPD). High demand from the agriculture equipment manufacturers is expected to aid in further demand growth. North America is another major consumer for polydicyclopentadiene (pDCPD) especially in the automotive and manufacture of equipment for chemicals and waste water treatment. In Rest of the World, Brazil, Argentina and South Africa contribute to major demand for the market. Europe is expected to witness comparatively slower growth than other regions due to stringent government control over potentially harmful products. Some of the market players include Mitsubishi Chemicals Corporation, The Dow Chemical Company, ExxonMobil Chemicals and Shell Chemicals among many others.

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