Flexible Substrate Market Analysis By Top Players, Size, Share and Demand Analysis Forecast To 2023

Printed electronics technologies which are used to design  electrical devices on various substrates, is a key driver for the  growth of flexible substrate market. The increasing demand  of OLEDs (Organic Light Emitting Diodes) which are made up   of carbon-based organic materials and emits light on applying electricity, are boosting the growth of the flexible substrate market.

The major restraint identified in the flexible substrate market is the high manufacturing cost as well as high raw material cost of certain substrates. The high production cost of substrates exhibiting higher temperature resistance is quite high which limit the scope of their applications, thus restricting the growth prospects of the flexible substrate market.

Major opportunities identified in the flexible substrate market is the growing demand for product from fast growing developing regions. Countries such as China, India, and Brazil are among the fastest growing market for the consumer electronics. Moreover, these countries have also set out ambitious renewable power capacity addition targets particularly in solar power.

Furthermore, a large number of APAC nations are strengthening their aerospace and defense industries in order to gain global strategic and political gains. All the above-mentioned industries are the key end use industries in the flexible substrate market which require this substance during their production process. The fast-growing end use industries for is expected to offer ample growth opportunities in the APAC region.

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Flexible substrate market is highly dependent the demand for these substrates for producing electronic products. Owing to the fast growing adoption rate of new and advanced electronic products, the flexible substrate market is also expected to witness significant boost in the North American region.

Some of the major players operating in the global flexible substrate market are Dupont Teijin Films, Kolon Industries Inc., Polyonics Inc., American Semiconductor Inc., Corning Incorporated, Heraeus Group, I-Components Co. Ltd., Nippon Electric Glass Co. Ltd., SCHOTT AG, and 3M.

Energy Storage Market Analysis, Outlook, Opportunities, Size, Share Forecast and Supply by 2023

The installed capacity in the global energy storage market is projected to reach  51,426.0 MW by 2023, the market growth is driven by substantial growth in the   amount of renewable energy being deployed around the world and increasing need   of the smart grid system.

Based on type, the energy storage market is categorized into mechanical, electrochemical, thermal, chemical, and others; ‘others’ include fossil fuel and biological storage. 

Of these, electrochemical is expected to be the fastest growing type in the market during the forecast period, with a CAGR of 47.4%. The increasing need of 24/7 electricity services is fueling the demand for electrochemical energy storing systems globally.

Based on application, the energy storage market is categorized into fuel saving, arbitrage, ancillary services, back up supply, and others; ‘others’ include air conditioning and running mills. Of these, arbitrage is expected to be the fastest growing application area in the market, advancing at a CAGR of 44.1% during the forecast period.

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During the forecast period, the energy storage market is expected to witness the fastest growth in Asia-Pacific (APAC), with a CAGR of 45.4%. Currently, energy storage systems are considered as a next level of upgradation in smart grid technologies by Asian power utilities.

Some of the major players operating in the global energy storage market are Greensmith Energy, S&C Electric Company, LG CNS, NEC Energy Solution, Younicos, Fluence, Advanced Microgrid Solutions, Duke Energy, Convergent Energy and Power LP, Duke Energy, Tesla, and Nextra Energy.

GLOBAL ENERGY STORAGE MARKET SEGMENTATION

By Type

• Mechanical
  • Pumped Hydro Storage (PHS)
  • Liquid Air Energy Storage (LAES)
  • Compressed Air Energy Storage (CAES)
  • Others
• Electrochemical
  • Lithium-Ion (LI-ION) battery
  • Sodium Sulfur (NaS) Battery
  • Others
• Thermal
  • Pumped Heat Electrical Storage (PHES)
  • Concentrated Solar Power (CSP)
  • Others
• Chemical
  • Hydrogen Energy Storage
  • Solar Power to Gas
• Others

By Application

• Fuel saving
• Arbitrage
• Ancillary Services
• Back Up Supply
• Others

By Installation

• Front of Meter
• Behind the Meter

Coating Resins Market Analysis, Predictions by Region, Type and Technology Forecast to 2023

Major trend being witnessed in the global coating resins market is the shifting preference toward smart coatings. Materials that possess capabilities to change their properties according to external environmental stimuli, such as temperature and electric field are called smart coatings.

Coating resins are organic compounds that are used to protect the surface of a material from extreme environmental conditions. Such resins are widely used in end-use industries including furniture, marine, and automotive.

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Based on type, the coating resins market is categorized into acrylic, alkyd, vinyl, polyurethane, epoxy, amino, unsaturated polyester resins, and saturated polyester resins. Of these, acrylic category accounted for significant share in the market during the historical period, owing to their high solubility, elasticity, versatility, non-toxicity, and water-resistance properties.

Major factor driving the growth of the coating resins market is the growing construction industry in countries such as the U.S., China, India, and the U.K. Owing to the rise in population, these countries are witnessing rapid growth in construction industry resulting in large-scale investment in construction projects such as hotels, apartments, offices, retail centers, and civic infrastructures.

The coating resins market is characterized by the presence of multinational corporations, which have their presence in more than one country.

Some of the major companies operating in the global market are BASF SE, DowDupont Inc., The Valspar Corporation, Koninklijke DSM N.V., Nuplex Industries Limited, Hexion Inc., Bayer AG, Allnex Belgium SA/NV, and Arkema Group.

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The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

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Caprolactam Market Analysis by Application, Geography, Value, Size, Share Forecast to 2023

One of the major drivers identified in the caprolactam market is the growing purchasing power of individuals in the developing countries. In the recent times, countries such as China and Indian have undergone rapid economic development. The increased economic prosperity in these countries have resulted in growth of middle-class population having high purchasing power

Caprolactam is the predecessor to nylon 6, an extensively used synthetic polymer. Almost all caprolactam produced goes into the manufacture of nylon-6 and is the key raw material for nylon 6. Caprolactam (CPL) is manufactured by the synthesis of phenol or cyclohexane., The colourless solid is a cyclic amide or a lactam of caproic acid. Caprolactam is the predecessor to nylon 6, an extensively used synthetic polymer.

Due to constant fluctuation in the prices of the raw materials, the companies engaged in the production of the compound witness variability in profit margins, which eventually force these companies to delay their expansion plants.

One of the major restraints identified in the caprolactam market is the instability in raw material prices for producing the compound. Unstable raw material prices and concentration of demand of the compound in few countries are the key challenges for caprolactam market.

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The study provides historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

Some of the major players in the global caprolactam market include Koninklijke DSM N.V., Honeywell International Inc., Ube Industries Ltd., BASF SE, Capro Corporation, China Petrochemical Development Corporation, OSTCHEM, Braskem SA, DOMO Caproleuna GmbH, Gujarat State Fertilizers & Chemicals Ltd., Shandong Haili Chemical Industry Co. Ltd., Sumitomo Chemical Co. Ltd., LANXESS AG, Toray Industries Inc., and Univex Corporation.

Pump Jack Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions

                                                                                                                                                                   

The global pump jack market size is likely to grow from $2.7 billion in 2016 to $3.8 billion by 2023. The growth of the pump jack market is mainly driven by increasing number of mature oilfields in North America. As per the findings of research, pump jack market for 100,000 lbs to 300,000 lbs occupied larger share of the global market. They are used where the average depth of the well is 5,500-7,000 feet.

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Pump jacks are used in the petroleum industry to extract crude oil from wells, where there is not enough pressure in well to push oil to the surface. These are operated by creating artificial lifting system, which increases the pressure within an oil well to pull the oil to surface. The beam pumping method used by pump jack is the most common method of creating artificial lifting.

Pump jack’s performance can be remotely monitored and does not require manual monitoring. It makes operations more efficient and cost effective by monitoring on/off events, following trends, and sending alarms. Jack pump monitoring also ensures quick resolution of asset repair and keeps the downtime to minimum.

Globally, North America represents a major share in the pump jack market and is expected to remain the largest market in future. In North America, increasing concern towards the utilization of unconventional energy resources; whereas, the redevelopment of mature oil and gas fields are continuously overlooked. Numerous mature oil and gas fields have been exhausted while producing at commercial rates.

Some of the major players operating in the pump jack market are Schlumberger Limited, General Electric Company, JCPump LLC, Young’s Welding Inc., Halliburton Company, Weatherford International, Cook Pump Company, Drake Manufacturing Company, Inc., Dansco Manufacturing, Inc., and LS Petrochem Equipment Corporation.

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Solar Micro Inverters Market by Manufacturers, Countries, Type and Application, Forecast to 2026

The global solar micro inverters market is likely to grow from $431.6 million in 2015 to $2.0 billion by 2026. With the drop in micro inverter prices and rising awareness towards the benefits of MLPE technology, the solar micro inverters market is gaining traction across various end-users. Additionally, the demand for solar micro inverters is expected to spike further on account of reduction in cost of micro-inverters in the Asia-Pacific region.

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Geographically, North America has been the largest market for solar micro inverters, where the U.S. has been the largest contributor to the regional market. Japan is the major market in the Asia-Pacific region, whereas in Europe, Germany generates highest revenue. GCC is the largest market in Middle East and Africa, while Chile emanates the highest demand in South America.

The factors driving the growth of the market include growing awareness towards the use of renewable energy sources across the world have led to the large-scale adoption of solar photovoltaic (PV) installations.

The penetration of micro inverters in the global market is expected to increase during the forecast period on account of their optimal performance, comparatively more power output in comparison to conventional systems and continuous R&D efforts taken up by manufacturers in refining the micro inverter technology.

The rising affordability of energy storage devices creates ample opportunities for the market. Analysts observed that the rising affordability of energy storage devices for solar power systems is expected to benefit the vendors of micro inverters to a significant level during the forecast period.

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The research states that the global solar micro inverters market is dominated by major players along with the presence of small scale manufacturers. Some of the key players in the global market include Enphase Energy Inc., SolarEdge Technologies, Inc., ABB Ltd, SMA Solar Technology AG, SunPower Corporation, Altenergy Power System Inc., Darfon Electronics Corp., Northern Electric & Power Co. Ltd, Sparq Systems, Inc. and Chilicon Power, LLC.

GLOBAL SOLAR MICRO INVERTERS MARKET SEGMENTATION
By System Type

• Stand-Alone
• Integrated

By End Use

• Residential
• Commercial
• Utilities

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Rest of Asia-Pacific
• Middle East and Africa
  • GCC
  • South Africa
  • Rest of Middle East and Africa
• South America
  • Chile
  • Brazil
  • Rest of South America

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Plastisols Market Overall Growth Analysis by Trends, Vendors, Technology Forecast to 2023

The global plastisol market size is projected to reach $40.4 billion by 2023, growing at a CAGR of 7.5% during 2018-2023. The market growth is mainly driven by growing demand of plastic inks for coating and textile-printing applications. Plastisol are a blend of polyvinyl chloride (PVC) materials and plasticizers. They are mainly used as inks for printing fabrics and home furnishes (cushion and furniture cover).

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Growth in demand of printed textiles is a major factor driving the growth of the plastisol market. The textile market is evolving, and printing is gaining a foothold in this field, with screen printing as the preferred choice for printing fabrics.

Plastisol are widely used in coating and inking of textiles owing to their cost-effectiveness, opaqueness, and excellent performance on fabrics. The growing demand for printed textiles such as printed tees, jeans, sweatshirts, jackets, cushions, tote bags, bed covers, and other apparels is accelerating the demand for plastisol in the textile industry. Additionally, increasing consumer preference for coloured patterns and fabrics with attractive design is further fuelling the market growth.

Growing adoption of digital screen printing is creating major opportunities in the plastisol market. Digital screen printing is a relatively new process in which the printing on fabrics is processed through computers. The process uses plastisol ink jet printer on which the fabric (to be printed) is directly placed and the ink is squirted directly on to it. This method of printing is faster and requires less manual inputs and labour.

Also, digital screen printing reduces the chances of errors in printing. Hence, owing to these factors, the adoption of this printing process is growing, which in turn is providing opportunities for the plastisol market growth.

Europe has been holding the third largest share of the global plastisol market , with respective estimated volume and value contributions of 13.4% and 15.7% in 2017. The market in the region is being driven by the entry of new textile ink players, expanding textile industry, and high production of textile printing materials. Further, Germany holds a strong textile base and is a major player in foreign trade of textiles and clothing. The country is the fourth largest exporter of textiles and clothing worldwide, registering an export quota of 42% in 2013. Hence, owing to the growing production of printed apparels and huge R&D investments by textile manufacturers, the demand for plastisol is growing significantly in the region.

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Some of the major players operating in the global plastisol market are PolyOne Corporation, hubergroup Deutschland GmbH, Croda International Plc, PolyBlend UK Ltd., Fujifilm Holdings Corporation, Lancer Group International, International Coatings Co. Inc., Plastisol Products Inc., Monarch Color Corporation and Chemionics Corporation

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Barite Market Segmentation by Demand, Shares, Size, Types and Opportunities Forecast to 2023

The major trend being witnessed in the global barite market is increased investments by companies to boost the exploration and production of the mineral (barite). Owing to the large-scale application of the mineral in various industries, a large number of market players engaged in the processing of the mineral are focusing on expanding their production capacity.

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On the basis of application, the barite market has been categorized into drilling mud, pharmaceuticals, and rubber and plastics. The mineral is essentially used as a weighting agent in drilling fluids during oil and gas exploration activities.

The major factor driving the growth of the barite market is the rising demand for oil and gas across the world. Due to the increasing energy demand, conventional oil and gas resources are being used up and, therefore, depleting at a fast pace.

The barite market is expected to witness significant growth in emerging oil-producing regions, particularly Africa and the Pacific Ocean. These regions have vast unexplored reserves of oil and gas, which are sufficient to meet the growing energy demand.

The barite industry is highly consolidated in nature, as few players control the production of the mineral. Some of the major companies operating in the global barite market are Mil-Spec Industries Corporation, Milwhite Inc., International Earth Products LLC, Seaforth Mineral & Ore Co. Inc., Ashapura Minechem Ltd., and Kaomin Industries.

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The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

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P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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Biochemistry Analyzers Market Key Vendors, Topographical Regions, and Industry Segments Forecast to 2023

The major growth driver identified in the biochemistry analyzers market is growing demand for these analyzers in hospitals, and   pharmaceutical companies. With the rising numbers of patients with   kidney diseases, liver failures, and diabetes, demand for analysis of   blood biochemistry parameters of these patients is also increasing. As a result, demand for these analyzers has also been growing.

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Growth of the biochemistry analyzers market is hindered by factors such as its complex system integration is complex and high upfront cost. High upfront cost has dented its attractiveness among price sensitive customers in countries from Asia-Pacific.

On the basis of both value and volume, North America dominated the market in 2017. High penetration of these analyzers in countries such as U.S. and Canada are attributed to its strong base of pharmaceutical and healthcare sector.

Product innovation related analyzers that can detect DNA molecules in the samples is identified as future growth opportunity for the biochemistry analyzers market.

From supply side, many of the producers of biochemistry analyzers are located in this region and they have strong distribution channel penetration across hospitals, diagnostics centers, pharmaceutical and biotechnology companies, and academic research institutes.

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Some of the major players operating in the global biochemistry analyzers marketare Abbott, Siemens AG, Thermo Fisher Scientific, HORIBA, Ltd., F. Hoffmann-La Roche Ltd, Beckman Coulter Inc., Hologic, Inc., Danaher Corporation, Meril Life Sciences Pvt. Ltd., and Randox Laboratories Ltd.

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Advanced Ceramics Market Share by Type, Production, Revenue, Growth Forecast to 2023

The global advanced ceramics market is expected to showcase a  significant growth during the forecast period (2017-2023). The market growth can be attributed to the increasing use of advanced ceramics as an alternative to metals and plastics. Other factor which is driving the growth of the market includes the growing medical industry.

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Advanced ceramics market includes highly-developed ceramic materials, which possess high strength. These ceramics are lightweight, non-metallic, organic, and corrosion-resistant. These materials are formed via various raw materials that include alumina, titanate, zirconia, silicon carbide, aluminium nitride, silicon nitride, magnesium silicate and pyrolytic boron nitride.

Additionally, advanced ceramics are used in various end-user industries such as electronics and electricals, transportation, medical, industrial, defense and security, chemicals, marine, textile and construction. The electronics and electricals industry dominated the segment.

Furthermore, the market on the basis of class is segmented as monolithic ceramics, ceramic matrix composites and ceramic coatings. Monolithic ceramics accounts for majority of the market share in this segment owing to its various lining and insulation application as they can withstand extremely high temperature. They are even resistant to abrasion and thermal shock.

The major restraint observed in the study is that technical ceramics cannot be reused or recycled in the same end-user application. Due to the long lifespan of these products and mechanical and optical properties of technical ceramics, the different composites that are used in various end-use industries face the issue of recyclability.

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The major players in the advanced ceramics market are adopting significant competitive strategies such as merger, acquisitions and joint ventures to hold a competitive edge in the global market. For instances, in November 2015, Oerlikon acquired the advanced ceramics business unit of Laser Cladding Services, LLC.

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Meta-Xylene Market Outlook, Geographical Segmentation, Industry Size & Share Forecast to 2023

Global m-xylene market is projected to reach $1,341.7 million by 2023.  The market growth is primarily driven by the rising demand for adhesives and sealants and the increasing consumption of isophthalic acid in various end-use industries. Some other chemical names of m-xylene are 1,3-dimethylbenzene, 1,3-xylene, m-xylol, and m-dimethylbenzene.

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Based on application, the m-xylene market has been categorized into isophthalic acid production; 2,4-xylidine and 2,6-xylidine production; solvent; and others. The “others” category includes the use of m-xylol in 2,4-dimethylbenzophenone production, in chemical syntheses, and as an intermediate in dyes and resins.

APAC is the largest market for m-xylene and contributed more than 70.0% revenue to the global market in 2017. The market growth in the region is mainly driven by the large-scale production of polyethylene terephthalate (PET) plastic, increase in the production capacity of m-xylene by key players, and growing consumption of carbonated soft drinks and alcoholic beverages. 

Emerging economies, such as China, India, Brazil, Indonesia, and South Africa, will continue offering huge growth opportunities to the players operating in the m-xylene market. Over the years, these countries have witnessed rapid economic growth fueled by the growth in their automotive and packaging industries. 

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Some of the major players operating in the global m-xylene market are Mitsubishi Gas Chemical Company Inc., Lotte Chemical Corporation, CEPSA, and Formosa Chemicals & Fibre Corporation.

GLOBAL M-XYLENE MARKET SEGMENTATION

By Application

• Isophthalic Acid Production
• 2,4-Xylidine and 2,6-Xylidine Production
• Solvent
• Others

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • Spain
  • U.K.
  • Germany
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • South Korea
  • Japan
  • Rest of APAC
• Rest of the World (RoW)
• Saudi Arabia
• Brazil
• South Africa
• Others
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  Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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