Automotive Refinish Coatings Market to Grow with Improvements in Automobile Repair.

Automotive Refinish Coatings Market to Grow with Improvements in Automobile Repair.

The demand within the global automotive refinish coatings has been rising on account of advancements in automobile manufacturing. The need for manufacturing high-end vehicles, characterised by perfect finish and aesthetics, has given a thrust to market growth. Moreover, automobile manufacturers have established dedicated sections for repair, overhaul, and finetuning of automobiles. Therefore, the total volume of revenues within the global automotive refinish coatings market is slated to touch new values.

Furthermore, the investments made towards automotive manufacturing in recent times have superseded all previous investment marks. This is also key standpoint in gauging the growth dynamics of the global automotive refinish coatings market.

Transparency Market Research (TMR), in its report, predicts that the global automotive refinish coatings market would expand at a CAGR of 5.97% over the period between 2018 and 2026. Furthermore, the value of the global automotive refinish coatings market was US$7.9 Bn in 2017, and the value is expected to increase in the years to come. Use of automotive refinish coatings for high-end models that could undergo wear and tear in the long run has increased. It is evident that a mild scratch or bruise on a car can affect its aesthetic appeal. This is a key consideration from the standpoint of market growth and maturity.

Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_i d=56838 Strategies of Market Players The need for improved coatings has been gauged by the market vendors who are responding to the market demands. BASF Coatings GmbH has emerged a key manufacturer in the global automotive refinish coatings market. The company has been focusing on developing effective, eco-friendly, and durable coatings for automobiles.

Furthermore, high-solid coatings are also amongst the specialities of the company.

Coatings World is amongst other renowned players operating in the global automotive

refinish coatings market. The company supplies coatings to automotive OEMs, and this has given an edge to the company in the global market. Other vendors are making earnest efforts to tie up with automotive manufacturers.

Development of Custom Repair Shops The growth of repair shops has emerged as the leading driver of demand within the global automotive refinish coatings market. Car owners prefer to visit local repair shops as against service stations set up by car companies. The primary reason behind the aforementioned trend is the relatively low cost charged by the former. Henceforth, the global automotive refinish coatings market is earning revenues from multiple avenues.

Refinishing of vintage vehicles is a trend that has garnered the attention of the masses.

Car enthusiast buy vintage models, and get them modified to new versions. This propensity has also generated a huge volume of revenues within the global automotive refinish coatings market.

Request For Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id =56838 The global automotive refinish coatings market is segmented by: Process  Primer  Base Coat  Activator Technology  Solvent-Borne  Water Borne Region  North America  Latin America  Asia Pacific  Middle East  Europe

Fly Ash Market Estimated to Reach US$ 11,371 Mn by 2026 According to a new report published by Transparency Market Research (TMR) titled ‘Fly Ash Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global fly ash market is estimated to reach US$ 11,371.0 Mn by 2026 and is anticipated to expand at a CAGR of 7.1% during the forecast period. Expansion in the global fly ash market is primarily driven by the growth in end-user industries such as construction. The fly ash market in Asia Pacific is estimated to expand at a CAGR of more than 7.0% during the forecast period, owing to the high demand for fly ash in various end-use industries across the region, especially in China, India, and the ASEAN sub-region.

Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_i d=51882 Expansion in End-use Industries to Drive Market Fly ash is extensively used as an environmentally sustainable substitute for Portland cement in the construction industry. It is also used to enhance the overall performance of ready-mix concrete. Furthermore, fly ash is used in the manufacture of bricks and blocks. It is also employed in road construction in the construction industry. Fly ash is also used in sectors such as mining, water treatment, and agriculture. Rise in demand for fly ash in these end-use industries is anticipated to fuel the global fly ash market.

Coal combustion products (CCPs) contain environmentally hazardous substances such as arsenic, cadmium, and mercury. If not monitored properly, these contaminants can pose serious threat to the environment. Hence, it is vital to regulate the disposal of CCPs such as fly ash from coal-fired power stations. Regulatory authorities across the globe such as the U.S. EPA and the European Union’s Waste Legislation regulate the disposal of coal ash products. In October 2016, the U.S. EPA issued a set of rules for safe disposal of coal combustion products in the U.S. This is likely to drive the fly ash market during the forecast period.

Class F Type Segment and Cement & Concrete Application Segment to Dominate Global Fly Ash Market

In terms of type, the global fly ash market has been bifurcated into class C and class F. Based on application, the global fly ash market has been divided into cement & concrete, structural fills, mining waste stabilization, road constructions, and others. The cement & concrete segment is anticipated to dominate the market, as fly ash is one of the environmentally sustainable substitutes for Portland cement. Furthermore, rise in construction activities is likely to fuel the demand for fly ash in cement and concrete operations. Based on type, the class F segment dominated the fly ash market in terms of revenue in 2017.

Asia Pacific to Dominate Fly Ash Market Based on region, the global fly ash market has been split into Latin America, North America, Asia Pacific, Europe, and Middle East & Africa. The fly ash market in Asia Pacific is projected to expand at a CAGR of more than 7.0% during the forecast period due to the high demand for fly ash in various end-use industries across the region. The region offers significant expansion opportunities to the fly ash market. China dominates the market in Asia Pacific owing to the expansion in end-user industries, particularly the construction industry, in the country. The cement & concrete application segment is a prominent consumer of fly ash in Asia Pacific.

Request For Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id =51882 Fragmented Market The global fly ash market is fragmented. Large number of small and medium scale local suppliers of fly ash operate in the market. Prominent players functioning in the fly ash market include Lafarge Holicim, Cemex S.A.B. De C.V., and Boral Ltd.

Global Paints & Coatings Market to Reach US$ 236.82 Bn by 2026 The global paints & coatings market was valued at US$ 149.79 Bn in 2017 and is anticipated to expand at a CAGR of 5.2% from 2018 to 2026, according to a new report titled ‘Paints & Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global paints & coatings market is driven by growing building and construction activities across the globe.

Rise in Demand for Paints & Coatings from Building & Construction Industry to Drive Market The global paints & coatings market is primarily driven by advancements in the building & construction industry. The building & construction industry is projected growth in the next few years due to rise in urbanization and population globally. Urbanization and changing lifestyles are expected to drive the global construction industry in the next few years. Growing population and improving economic conditions have increased expenditure on housing and infrastructure development across the globe. The economy in Asia Pacific has grown in the past few years. This has led to developments in the building & construction industry in the region due to growing middle class population and improving standard of living in developing countries in Asia Pacific.

Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_i d=1172 Implementation of Regulations to Reduce VOC Content in Paints & Coatings to Drive Market Environmental regulations regarding volatile organic compound (VOC) emissions from coatings have been implemented in certain regions of the world. They regulations are particularly stringent in regions such as Europe and North America. This, in turn, has

increased the acceptance and adoption of coatings that are highly productive, technically advanced, sustainable, and emit less VOCs. Several companies operating in the paints & coatings market are developing innovative products with improved properties. Players in the paints & coatings market are developing environment friendly technologies having superior performance in demanding applications across the value chain.

Harmful Environmental Effects of Solvent-borne Coatings to Restrain the Market Commonly used solvents contain significant amounts of VOCs, which are hazardous to human health. Use of solvent-based paints & coatings leads to deterioration of air quality. It can cause long-term harmful on human health. This has led to the implementation of strict norms on the use of solvent-based coatings. However, in terms of consumption, the solvent-based segment is currently leading the paints & coatings market. Regulations such as Environment Protection Agency (EPA) and Registration Evaluation Authorization and Restriction of Chemicals (REACH) in the U.S. and countries in Europe have implemented stringent rules regarding VOC emissions.

Acrylics Segment to Dominate Global Paints & Coatings Market Based on resin, the paints & coatings market has been segmented into acrylic, polyurethanes, polyesters, epoxy, alkyd, and other resins such as silicone, polyvinyl acetate (PVA), and vinyl ester. Acrylic is one of the most widely used type of paints and coatings. They are produced from monomers that are esters of acrylic or methacrylic acid. Acrylic resins can be used in solvent-borne and water-borne formulations. They can be thermoplastic or thermosetting in nature. They are largely consumed in architectural coatings, industrial coatings, and protective coatings.

Water-based Coating Segment Dominates Paints & Coatings Market In terms of technology, the paints & coatings market has been classified into waterbased, solvent-based, high solid, power, and others such as UV-curing technology. A water-borne coating is an eco-friendly surface treatment that uses water as a solvent to disperse resin employed to form coating or paint. These coatings are widely used due to their low VOC (less than 3.5 pounds per gallon of water). Coatings produced using the water-based technology are eco-friendly. This, in turn, has increased the consumption of paints & coatings.

Residential Application Segment Dominates the Paints & Coatings Market Based on application, the paints & coatings market can be divided into automotive & transportation, aerospace, building & construction, packaging, health care & medical devices, marine, electrical & electronics, and other applications such as wood working.

Building & construction segment is estimated to account for a considerable share of the global paints & coatings market during the forecast period. The segment is anticipated to continue to dominate the market during the forecast period due to increase in construction and infrastructure development activities and rise in consumption of paints and coatings for decorative purposes.

Request For Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id =1172 Asia Pacific Dominates the Global Paints & Coatings Market In terms of region, the global paints & coatings market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of value and volume, Asia Pacific was a leading region of the global paints & coatings market in 2017. The region is estimated to continue to dominate the market during the forecast period. Asia Pacific is also the largest producer of paints and coatings owing to the presence of a large number of producers in China. Improving economic conditions in the region are fueling the consumption of paints and coatings in the region.

North America and Europe are significant consumers of paints and coatings in the world. The paints & coatings market in these regions is mature and it is estimated to expand at a sluggish pace during the forecast period due to the implementation of stringent regulations on VOC emissions.

High Degree of Competition among Market Players High degree of competition exists among market players operating in the paints & coatings market. The market is dominated by a few major players and is moderately consolidated. Key players operating in the market include The Sherwin-Williams Company, BASF SE, Axalta Coating Systems, PPG Industries, Valspar,, Akzo Nobel N.V, Nippon Paint Holdings, KCC Corporation, and Jotun A/S.

Polyphthalamide Market Expected to Reach ~ US$ 2.5 Bn by 2027 Polyphthalamide Market: Key Highlights  In terms of revenue, the global polyphthalamide market is anticipated to expand at a CAGR of ~ 8% from 2019 to 2027.  The semi-crystalline nature of polyphthalamide plays a vital role in high temperature applications. Polyphthalamide provides excellent heat resistance, high chemical resistance, and superior mechanical properties. These properties are essential in the manufacture of electrical components and automotive enduse products.  The automotive segment accounted for a major share of the polyphthalamide market in 2018, owing to the rising trend of production of electric vehicles, sports utility vehicles, and hybrid vehicles. Technological advancements in several devices, components, and ancillaries in the automotive industry are expected to offer lucrative opportunities to the polyphthalamide market.  Electrical & electronics is expected to be a highly attractive end-use segment of the polyphthalamide market during the forecast period. Increasing penetration of the Internet due to the emergence of 5G technology around the world is boosting the demand for smartphones, smart electronic gadgets, and consumer devices.  Electronic manufacturers require highly reliable, heat-resistant, and moistureresistant components to achieve a competitive advantage over their competitors.

Request A Sample of Global Polyphthalamide Markethttps://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_i d=70875 High Demand for Lightweight Components to Propel Polyphthalamide Market  The implementation of stringent government regulations to control the emission of carbon from automotive vehicles is driving the demand for lightweight polymers and their components.  Rise in the demand for lightweight parts to achieve fuel efficiency and low carbon emission of commercial and passenger vehicles are projected to boost the demand for polyphthalamide in the near future.  Increase in the demand for ecofriendly vehicles, such as battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles, is likely to propel the polyphthalamide market in the next few years.

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According to the International Energy Agency (IEA), the global stock of electric cars crossed the 3 million units mark in 2017. Increase in government initiatives to adopt electric vehicles over conventional fuel vehicles is a key factor projected to propel the demand for polyphthalamide during the forecast period.

Volatility in Raw Material Prices to Pose Key Challenge  Raw materials such as terephthalic acid (TPA) and isophthalic acid (ISA) are primarily used in the commercial synthesis of polyphthalamide in the polymer industry. Therefore, fluctuation in the prices of raw materials on a global level is projected to restrain the polyphthalamide market in the next few years.  The implementation of stringent government regulations on the polymer industry due to the high carbon emissions during the manufacturing process is likely to hamper the polyphthalamide market during the forecast period.

Asia Pacific Expected to be a Highly Lucrative Region of the Polyphthalamide Market  In terms of value, Asia Pacific accounted for more than 50% share of the global polyphthalamide market in 2018. The region is anticipated to maintain its leading position from 2019 to 2027. Rapid development of semiconductor and electronics industries in India, South Korea, Taiwan, and Japan is estimated to provide lucrative opportunities for the polyphthalamide market in the region.  According to International Energy Agency, China constituted a major share of around 40% of the global electric vehicles market in 2018. Expansion of the electric vehicles market in China is projected to boost the demand for auto parts and components in the region. This, in turn, is likely to propel the polyphthalamide market in the region.  China has a strong presence of end-user industries such as consumer electronics, automotive, cosmetics, and personal care. Increase in the demand for electronic devices is likely to propel the demand for polyphthalamide in the near future. After China, the polyphthalamide market in India is anticipated to expand at a rapid pace, owing to the high demand for electronic devices such as tablets, smartphones, computers, and laptops in the country.  After Asia Pacific, Europe is likely to be a major region of the global polyphthalamide market, due to the strong presence of automotive manufacturing companies that have been adopting lightweight components.  The demand for thermoset polymer resins such as polyphthalamide in Latin America and the Middle East & Africa has been sluggish, owing to the limited presence of technology and manufacturers in these regions.

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Global Polyphthalamide Market – Key Developments  On May 13, 2019, BASF Corporation expanded its portfolio by introducing the new PPA Ultramid Advanced T2000 in Guangzhou, China. The product was developed to cater to the rise in the demand for flame-retardant connectors in the electrical & electronics industry. The new product was combined from PA 6T/66 and polyphthalamide (PPA) polymer to enhance mechanical and dielectric properties at high temperature application.  On November 19, 2018, EMS-Grivory introduced a new product, Grivory HT6, under the product portfolio of Grivory HT. The newly launched product offers higher temperature resistance than polyphthalamide (PPA)-based nylon compound. The company aims to expand the product portfolio under the polyphthalamide (PPA)-based polymer brand to cater to the rise in the demand for polyphthalamide in various industries across the globe.  On October 11, 2018, Celanese Corporation announced that it had acquired India-based Next Polymers Ltd, a leading engineering thermoplastic compound manufacturer. Next Polymers Ltd specializes in the manufacture of polymer compounds across the country. The acquisition aims to strengthen Celanese Corporation’s market position in Asia Pacific.

Global Polyphthalamide Market: Competition Landscape  A large numbers of organized and unorganized players operate in the global polyphthalamide market. Prominent players operating in the global polyphthalamide market include BASF Corporation, DowDuPont Inc., Koninklijke DSM N.V., Arkema, and Celanese Corporation.  Other vendors functioning in the market include EMS-GRIVORY, Evonik Industries AG, Solvay S.A., RTP Company, and SABIC. These companies are focusing on developing new global strategies, including strategic acquisitions & collaborations, to expand their production capacity in order to cater to the rising demand for polyphthalamide across the globe.

Specialty Carbon Black Market to Register Robust 4.5% CAGR during 2018-2027 Carbon black market will grow at 4.5% CAGR during 2018-2027, thanks to its rising applications and demand. The nanoparticle conventionally was used in rubber tyres as a filler and a reinforcing agent. However, today its unique properties has expanded to embed UV stabilization, conductivity, pigmentation, and various other specialized applications. The rising application of carbon blacks in combination with plastics promises a major arena of opportunities for players in the specialty carbon black market. Carbon blacks are becoming increasing common place in industrial packaging, conductive packaging, fibers, films, pipes, moldings, and semi-conductor cable compounds. Among various semi-conductor compounds, various products like stretch films, agriculture mulch film, and photographic containers promise robust opportunities.

Among various regions in the market, Asia Pacific promises tremendous growth for players in the carbon specialty black market. Asia Pacific is witnessing a major increase in auto sales, especially from emerging countries of India and China. The global slowdown has affected sales in recent times, particularly in India. However, the automotive sales are expected to emerge strong with growing investment in infrastructure, rising disposable incomes, and horizons of electric vehicles.

Request A Sample of Specialty Carbon Black Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_i d=60855 To know more, visit our report page on the Specialty Carbon Black Market Environment Legislations to Increase Costs in the Coming Future The carbon specialty black products are facing increased environmental control due to their potential to the environment. This is resulting in increased costs and manufacturers in various regions are estimating future costs in lieu of the stringent regulations. For example, Tokai, a carbon black manufacturer has added 3 cents per pound environmental surcharge on its products in recent times. Additionally, companies like

Orion Engineered Carbons has also added 1.5 cents per pound to its products. This rising trend is expected to drive shifts in pricing and push costs upwards. However, rising demand and relatively low costs of compliance are expected to drive robust growth, despite the upward pricing trend.

High Volume of Sales to Continue with Manufacturing Expansion The specialty carbon black market has witnessed tremendous growth in recent years.

The coating for automotives has been a boon for players in the market, and with the rise of EVs and increased opportunities in the sector, the demand and production volume is expected to rise considerably. For example, Himadri Specialty Chemical announced a new plant expansion in India along with its existing production facility in West Bengal, India. Additionally, in 2018, nearly $2 billion sales with 1,000 kilto tons of volume was recorded in the market. Orion Engineered Carbons, another manufacturing giant has also announced production expansion with new facilities in Italy. The rising opportunities, increased applications, and increased innovation are likely to drive significant opportunities for players in the specialty carbon black market.

Global Specialty Carbon Black Market by Form  Granules  Powder Global Specialty Carbon Black Market by Application  Plastics  Conductive and Electrostatic Dissipative (ESD)  Wires & Cables  Other Conductive Applications  Battery Electrodes  Lithium-ion Battery  Others (Including Lead–Acid Battery and Zinc–Carbon Battery)  Paints & Coatings  Inks & Toners  Others (Including Rubber) Request For Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id =60855 Global Specialty Carbon Black Market by Region  North America

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U.S. Canada Europe  Germany  France  U.K.  Italy  Spain  Russia & CIS  Rest of Europe Asia Pacific  China  Japan  India  ASEAN  South Korea  Australia  Rest of Asia Pacific Latin America  Brazil  Mexico  Rest of Latin America Middle East & Africa  GCC  South Africa  Rest of Middle East & Africa