Sodium Methoxide Market: Increased Demand Expected to Soar Revenue during Forecast Period

A recent Fact.MR research analysis foretells the sodium methoxide market to record a growth of over 3% during the foreseen period (2018 – 2027) in terms of value. Sodium methoxide market continues to witness increased traction in biodiesel, life science and pharmaceutical industries. However biodiesel industry has impressive growth in across some of the regions in the global sodium methoxide market.

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Sodium methoxide industry continues to gain lucrative opportunities across the world on the backdrop of the increasing investment in the end use industries, increasing production capacities of the key companies, increasing investment in the research & development activities. Moreover, the growth in the sodium methoxide industry has influenced its market sales owing to increasing demand for different forms of sodium methoxide from the different end-use industries. The trending convergence of aqueous solution which has large adoption rate and is further expected to create enormous incremental opportunities for sodium methoxide market.

Growth in the biodiesel sector have positively impacted the global production of the sodium methoxide, creating demand for advanced sodium methoxide that makes efficient and simple processing of the solution. Rising growth in the sales of sodium methoxide from several end-use industries is creating large opportunities for the growth of market.

Rising Demand for Sodium Methoxide in Various Applications across the Globe

The development of the sodium methoxide market is significantly driven by rising demand in catalyst application across world and increasing global presence of key manufacturing companies in the emerging economies. End-use industries are seeking high-quality sodium methoxide that are highly efficient and cost effective. The crucial role of sodium methoxide in enhancing the efficiency of chemical process has amplified the investments in R&D to develop advanced solutions for sodium methoxide. Manufacturers are focusing on introducing high-yield sodium methoxide that provide higher efficiency appropriate for high-performance chemical reactions.

The concept of sodium methoxide in the chemical reactions in various applications has brought substantial changes in the overall chemical sector across the globe. This substantial changes in the chemical sector is ideally strengthened by the rising production footprint by key companies to cater the need for sodium methoxide among end-use industries mainly in bio-energy, life science and pharmaceutical among others.

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Sodium Methoxide Market – Rising demand in Bio-energy industry to Boost Growth of Sodium Methoxide

As most of the developments are indulging in the bio-energy industry is also impacting the overall sales of the sodium methoxide market globally. According to Oil World 2017, the global production of bio-diesel is currently dominated by Europe region with the market share of more than 35% and is estimated to witness the same trend in the foreseen period. Adoption of the sodium methoxide in bio-energy industry in developed as well as emerging economies is likely to gain high traction in the market. Also, the presence of a large number of small and large manufacturers from China is also creating restrains for the key manufacturers from other countries to introduce high quality and cost-effective sodium methoxide to maintain their position in the global sodium methoxide market.

Sodium Methoxide Market – Proliferation in the Production Process of the Sodium Methoxide

Demand for sodium methoxide is proliferating across the world owing to increased proliferation in the overall production process of sodium methoxide for synthesis process. Manufacturers are adopting the advanced technologies for the production of the sodium methoxide to attract the several end-use industries to gain high market share and high profitability margin in the global market.

Sodium Methoxide Market – Emerging Economies to Witness Strong Growth in the Global Market

The global market for sodium methoxide market is expected to register strong growth in emerging economies mainly in APEJ due to expanding production facilities of the key manufacturers in APEJ countries. Key manufacturing companies are strategically focusing on catering to the increasing demand from the APEJ region.

The rising production of bio-diesel along with increasing investment in the research & development activities in the APEJ region is also impacting the growth of the global sodium methoxide market. The global market for sodium methoxide in the APEJ region is expected to grow 1.5x times by 2027 compared to 2018 due to rising demand for sodium methoxide in several end-use industries. Among other regions, MEA and Latin America are also expected to witness sizable growth in the global market over the forecast period due to increasing manufacturing facilities and a growing number of suppliers in the regions.

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Taxifolin Market to Pave Path for Augmented Revenue during the Period between 2019-2027

Taxifolin production has been increasing per year, though the demand-supply gap exists. It is owing to the skyrocketing demand of taxifolin across several applications including food and beverages, healthcare, cosmetics and agriculture. Europe stands as the largest taxifolin market, followed by North America. However, the taxifolin market is projected to grow at the fastest pace in APEJ region, owing to the fast paced population growth that have requirement of these applications.

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This report offers a 10-year forecast (2018–2028) of the global taxifolin market. The global market is estimated to grow at a CAGR of over 5% growing from US$ 1.4 Bn in 2017. Taxifolin with less than 95% purity stands as the largest market. Among applications, taxifolin demand is projected to grow at the fastest pace in food and beverage.

Increasing applications of Taxifolin increases its market value

The availability of several research papers that claim taxifolin as a potent ingredient across several applications, have boosted its demand. The antibacterial, antimicrobial, and anti-inflammatory properties of taxifolin has been augmenting its demand across several application areas including food and beverages, healthcare, and agriculture. The smallest volume of taxifolin produces significant effect as it helps in combating oxidative stress and protects the body from free radicals.

Food and beverages and healthcare are the two key application areas of taxifolin, which together generates over 60% of the total demand. In food and beverages sector, the taxifolin demand has been increasing significantly in dairy products, alcoholic and non-alcoholic beverages, meat processing, and confectionary.

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Taxifolin market featured by low intensity of competition

There are moderate number of players operating in the taxifolin market, though the competition remains low. The taxifolin manufacturers have also been targeting to increase the number of their customers. Raw materials costs features as the larger part of the operating costs in the taxifolin market. Another important area of investment in the taxifolin market includes research and development activities. One of the key hurdles for the new entrants in the taxifolin market is obtaining certification for manufacturing. There are several unorganized manufacturers of taxifolin that offer sub-standard product. This to some extent has eroded the trust of several customers.

In the U.S. market, Taxifolin with Generally Recognized as Safe (GRAS) certification holds high importance. Some of the leading players in the taxifolin market have acquired patented technologies that they highlight as their unique selling proposition. The taxifolin manufacturers also focus on reducing the manufacturing lead time with the help of latest technologies.

The key players in the global taxifolin market includes JW Health Products, Kingherbs Ltd, Kalenika Group, Cayman Chemical, Ametis JSC, Abcam plc, and Adooq Bioscience. There are several other taxifolin providers that include, Linjiang Jianwei Biotech Co. Ltd., and Hangzhou J&H Chemical Co., Ltd.

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Architectural Coatings Market to Reap Excessive Revenues by 2027

Architectural coatings include paints, specialty coatings, sealers, and other coatings used to coat buildings and homes. These coatings are designated to provide protective and decorative layer on architecture in both exterior and interior applications. Most of the architectural coatings are typically applied using rollers, sprayers, brushes and other applications.

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The report on the architectural coatings market provides valuable insights and forecast on the market. The information on all the important factors influencing the growth in the architectural coatings market are also provided in the report. The objective of the report is to offer exclusive information on the architectural coatings market and help companies to plan strategies accordingly. The report on the architectural coatings market also offers information on the growth opportunities.

Immense Growth in Construction Sector Boosts Demand for Architectural Coatings

Growth in people migrating to urban areas is resulting in the development of affordable housing and infrastructure by the construction industry. This is driving the demand for various equipment and architectural coatings materials used in the construction of residential as well as commercial complexes.

China, India, and the US are likely to see a significant growth in construction in the near future, according to the report named Global Construction 2030, by expert team from Global Construction Perspectives and Oxford Economics. As per the report, India is likely to grow twice as fast as China by 2030. Meanwhile, most of the construction growth in the US is expected to tilt towards the southern states.

The demand for exterior architectural coatings to protect a building from moisture, UV radiations, and microbes is increasing. Moreover, the growing demand for a greater variety of colors, with better consistency and durability is also resulting in manufacturers providing a wide range of eco-friendly, higher quality architectural coatings. Rise in the renovation of existing construction is also driving demand for both interior and exterior architectural coatings.

Global Emission Regulations Create Huge Demand for Low and Zero VOC Architectural Coatings Products

In the last few years, governments across various countries have introduced stringent regulations on emission from Volatile Organic Compounds (VOC) products used in paints and architectural coatings. Increasing consumer awareness of the negative effects of VOCs is driving demand for low and zero VOC coatings and paints.

Increasing number of companies are working on projects where LEED (Leadership in Energy and Environmental Design) certification is required. Varying degree of accepted VOC levels in LEED certification is accelerating the demand for low and zero VOC paints and coatings.

Manufacturers in architectural coatings market are focusing on maintaining balance between low VOC level and high-quality products to meet consumer demand and meet the performance gap between low VOC and traditional coating products.

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Application of UV Curable Resins Continue to Create Growth Opportunities

In recent years, there has been a rise in the use of radiation curing technology for buildings, interior and exterior coatings. Hence, the demand for UV curable resins in the architectural coatings has increased. Moreover, increasing environmental concerns and on-going legislation to limit emission from VOC is leading to the growing demand for UV curable fluorine-containing resins.

Efficiency, energy saving, and higher solid content are resulting in increasing use of UV curable fluorine-containing resins in various industries. Solvent UV curable coatings have emerged as non-flammable liquids, resulting in fire protection and reducing handling hazards as compared to other solvent-based coatings. This is also resulting in the wide application in building’s exterior and interior. Compared to traditional radiation curing systems, the UV resins based architectural coatings are gaining traction in automotive and construction industry.

Market Segmentation

The architectural coatings market is segmented on the basis of resin type, application, and formulation type. The key segments are further divided into sub-segments in order to offer clear picture on the growth of the architectural coatings market.

Based on the resin type, the architectural coatings market is segmented into Fluoropolymers, Acrylics, Metallic Additive, Urethanes, and others (epoxy, poly alkyds, and amines). On the basis of application the market segmentation includes residential and non-residential. Based on the formulation type, the architectural coatings market is further segmented into Water Bourne and Solvent Bourne.

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Metal Coatings Market Expansion to be Persistent During 2018 to 2027

Metal coatings are the coatings applied to metals in order to provide protection and reduce wear and tear. Metal coatings are usually made from epoxy, moisture cure urethane, and polyurethane. Metal coatings can be applied on the metals by spraying in either powder or liquid form. Metal coatings also act as torque agents or lubricants.

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The report on the metal coatings market is a comprehensive study of valuable and actionable insights. The report provides in-depth analysis of the metal coatings market including market drivers, challenges, latest trends, and growth opportunities for the players in the metal coatings market.

The study primarily focuses on the factors influencing the growth of the metal coatings market, enabling readers to plan various business strategies on the basis of the key insights offered in the report on the metal coatings market. The key section of the report, offers an overview of the metal coatings market including a brief introduction to the metal coatings market, along with the segment-wise and region-wise analysis.

Rise in Construction and Automotive Sector Driving Metal Coatings Market Growth

Automotive and building and construction industries are emerging as key drivers for the growth of metal coatings market. Heavy investment in the construction industry in the Asia Pacific region is offering growth opportunity or metal coatings manufacturers. Countries such as China, India, Qatar, and Indonesia are demanding quality metal coating products for mega construction projects.

The consumption of coated steel is also growing in the construction industry in India and China. Coated steel is largely used in structures, wall cladding, and roofing. This is driving the demand for metal coatings products to develop coated steel for building infrastructure. Automotive manufacturers across the globe are looking for light-weight materials to develop light-weight vehicles. This is resulting in advancement in metal coatings technology.

Automotive coatings are gaining traction in Japan, China, Germany, the US, and India. Painting being the most cost and energy-intensive process in the automotive industry, coating manufacturers are investing in research and development activities to reduce the cost and time.

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Direct-to-Metal Coatings Witnesses Significant Demand across Industries

The demand for direct-to-metal coatings is on a rise owing to its cost efficiency and environmental benefits. Direct-to-Metal coatings are witnessing demand in light and medium duty industrial application with need or protection from elements such as UV degradation or corrosion.

Manufacturers of chemicals used in direct-to-metal coatings are developing new products with a focus on chemical, temperature, and corrosion resistance. Key manufacturers in the metal coatings market are developing waterborne direct-to-metal coatings to provide cost-saving and reduce VOC emissions.

Regulations on Metal Coatings to Hamper Metal Coatings Market Growth

With an increasing number of industries including construction, automotive, food packaging, etc., governments across various countries have introduced regulations on metal coatings to limit VOC emission and ensure safety. These rules have shifted the focus from traditional coatings to advanced metal coatings, thereby, resulting in manufacturers investing more in research and development of new products. The biggest challenge faced by metal coating manufacturers is developing low VOC emission product offering similar performance to conventional metal coatings products.

Corrosion is the biggest issue in the food packaging industry. Hence, governments are introducing strict regulations on the metal cans used in food packaging. This is leading to the requirement of special coatings to protect metal packaging form corrosion.

Competition Analysis

The Fact.MR report on the metal coatings market offers detailed profiles of the major players operating in the market. The study also includes an exhaustive assessment of both well-established and emerging players in the metal coatings market. Information on new developments, product portfolio, key financials, and mergers and acquisitions is also provided in the report on the metal coatings market.

New product launch is one of the key strategies of the companies in metal coatings market. For instance, PPG Industries Inc. has introduced PPG Envirocron Extreme Protection powder coating system to provide chip and corrosion resistance and extending life of automotive coil springs on OEM vehicles. The new coating offers additional benefits like ease of use and consistent film builds on spring surface.

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Coating Pigments Market to Garner Brimming Revenues by 2027

The report on coating pigments market conveys details of the coating pigments market behavior over the forecast period of 2018 to 2027. The report on coating pigments market provides a cumulative analysis of the growth course of coating pigments market along with segmental analysis, regional growth trends, and many more related to coating pigments market. Moreover, the report on coating pigments market also pinpoints various trends shaping the coating pigments market landscape and enunciates on opportunities for players of coating pigments market to bank on.

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Role of Color Psychology in Successful Automobile Marketing Necessitates Adoption of Effect Pigments

Color psychology holds prime significance in successful marketing of automobiles, as it helps influences the decisions of potential customers. Visual appearance and color remain the two of most significant factors determining around 85% of product purchases.

Leading automotive giants, in a bid to generate greater consumer interest, are offering products with appealing colors and textures by making use of effect pigments. For example, pearlescent micas and aluminum pigments are used in both liquid as well as powder coatings to produce luster and brilliance, thereby creating a vibrant look. Effect pigments also possess the ability to withstand ravages of weather as well as UV rays, which is further enhancing its demand in case of automotive coating applications.

Sales of High Performance and Specialty Pigments to Benefit from Clamor for Functionality and Efficiency

In the current business ecosystems of highly competitive nature, application requirements have become of utmost importance. In tune with the aforementioned, manufacturers of high-performance and specialty pigments are striving to offer products with superlative attributes, such as enhanced durability, exceptional colour strength, and robust chemical stability, For instance- Pearlescent pigments are being used across multiple applications, ranging from plastics to automotive topcoats, owing to its ability to mimic the inherent luster of natural pearls.

The advent of new-age coating technologies such as waterborne paint, wherein performance of pigments are required to be up-to-the-mark, are likely to push the adoption of high performance and specialty pigments. Furthermore, the competency of high performance and specialty coating pigments to be extremely compatible with diverse applications is another key factor fostering their popularity across various end-use verticals.

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Attributes Offering Functional Utility Fosters Popularity of Inorganic Coating Pigments over Organic Variants

Inorganic pigments are fundamentally manufactured from mineral compounds comprising of complex metal oxides. The popularity of inorganic coating pigments is increasing amid the end-user marketplace, owing to exceptional color stability and heat resistance offered. Functionality of inorganic pigments offers the convenience to be tailored as per requirement with excellent durability, which is another key factor accentuating its demand. However, potential side-effects related to the use of inorganic coating pigments might dent end-user confidence by a certain level.

The adoption of organic coating pigments remains relatively less, owing to their minimal resistance to heat and susceptibility to eventual fading. Moreover, organic coating pigments are incompetent in terms of mitigating penetration of UV rays and oxygen, which might lead to the disruption of chemical bonds. However, no or minimal side effects associated with its use might be a crucial aspect restoring the end-user confidence.

Coating Pigments Market- Competitive Landscape

The competitive landscape section in the coating pigments market offers a comprehensive outlook of product offerings, key developments, differential strategies, and primary focus areas of the key players operating in coating pigments market.

AkzoNobel Inc., a leading player in the coating pigments market, completed the acquisition of Xylazel S.A., which the company calls as a part of its transformational strategy to enhance its footprint.

BASF USA, a leading player in the coating pigments market, entered into a long-term strategic partnership with Landa Labs in the year 2017. This partnership was aimed at employment of nano-pigment technology for a new portfolio of easy dispersible ultra-high transparency pigments.

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