Automotive Wiring Harness Market – Global Industry Analysis and Opportunity Assessment 2014 – 2020: Future Market Insights

FMI_Facebook

An automotive wiring harness is an assembly of electrical wires, connectors and other parts, or an electrical wiring system, used to transfer information and energy in automobiles. The role of wiring harness is to electrically connect electronic devices and electrical components mounted in automotive and machines, such as copiers, for the transmission of information and power.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/global-automotive-wiring-harness-market

An automotive wiring harness consists of six major components, which include the electric wire, the protector, the grommet, the terminal, the tape and the clamp.The other components include cables, connector systems, transfer switches, power and signal amplifier and distribution systems, control systems, jumper harness, electronic signal integration technologies, and other required peripherals.

Advancement in automotive features such as driver assistance systems, safety systems, in-car entertainment systems, GPS systems and so on, has createdthe need for sophisticated wiring harness systems in the automotive industry.The automotive wiring harness industry has shown much advancement in increasing the efficiency of harness.With the addition of features and designs of new vehicle models, the wiring harness segment has beenundergoing constant change.Commonly witnessed trends in the industry are modular design, use of CAD and 3D modelling, re-using wiring materials at the end of their service lives, and designing rule checks.

The demand for wiring harnessesinthe automotive industry is directly dependent on the sale and production of automobiles. Global automotive production is projected to grow between a CAGR of 5% and 7% over next five years. On account of increasing sales in the automotive industry,the global wiring harness market is expected to grow at a CAGR of around 11-12% from 2014 to 2020. Globally, the AsiaPacific region has been dominating the wiring harness market followed by Europe. In AsiaPacific, Japan is the largest contributor in terms of production and sales. Due to a continuous rise in automotive production, the AsiaPacific region is expected to continue its lead in the market from 2014 to 2020. In the future, the European automobile market is expected toregister significant growth because of itsrecovering economy. This scenario is expected to benefit the automotive wiring harness market. BRIC countries have also been experiencing growth in the automotive wiring harness market. The major contributors in this region are China and India due to their increasing automotive production and growing economy.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-37

The Automotive wiring harness industry is characterised by a large number of players. However, a significant share of the market is captured by the key players. The major players in the automotive wiring harness market include Furukawa Electric, Delphi Automotive, Sumitomo Electric Industries , Yazaki, Leoni, Tianjin Jin-JHuwiring System co. Ltd and Prestolite Electric.

Thekey playershave been making both organic and inorganic investments to cater to the global demand.For example,organisationssuch as Furukawa Electric have been getting into mergers and acquisitions to expand their business and investment in this growing market. These companies have been getting involved in new product development and research to further improve their technology, and extend their assembly and production lines. It is interesting to note that the major players have been dominating this market and controlling the prices, thereby trying to create more barriers to new entrants in this business.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Advertisements

Enterprise Software Market – MEA Industry Analysis and Opportunity Assessment 2014 – 2020: Future Market Insights

FMI_Facebook

Enterprise software or enterprise application software (EAS) is an application software used by organizations to conduct their line-of-business operations, such as planning, human resources, inventory/materials management, business intelligence, purchasing, manufacturing, finance& accounting, customer relationship management, marketing, sales&services etc.Enterprise applications are usually designed to integrate or interface with other enterprise applications used within the organization and are deployedin on-premise data centres or across a variety of networks by a specialized IT development team, meeting strict requirements for security and administrative management. These enterprise applications are industry-specific solutions developed commonly as custom in-house applications which the information technology department integrates with other enterprise suites. The main objective of using an enterprise application software is to improve productivity and efficiency through business logic support functionality and gain a sustainable competitive advantage.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/mea-enterprise-software-market

Some of the drawbacks are high licensing and support cost,flexibility andcustomization issues and difficulty in migration of existing data. Overlooking these issues, the benefits of using enterprise application software would actually aid an enterprise in information sharing, process automation, complete visibility of all important processes across various departments, reducing information technology complexity and increasing agility.

There is a growing need to capture, organize and exploit the use of big data which can give internal and external business processes a competitive edge. Enterprise mobility such as the Bring-Your–Own-Device (BYOD) trend to enhance employee flexibility in the organization across MEA has resulted in an increased uptake of enterprise platforms. Further, analytics and business intelligencehave also become important factors driving enterprise planning, mainly when it comes to collecting and assessingunstructured data on enterprise networks, or business related information posted on social networking sites etc. Another driving factor in the enterprise software market is the shift towards cloud computing, where an enterprise moves some or its entire infrastructure to the cloud, reducing total cost ownership (TCO) infrastructure and provisioning time.These dominating factors are expected to drive the enterprise application software market in the MEA region, in the near future.

The enterprise application software market can be segmented based on: types, organizational size and verticals. Types of application software includedigital content creation (DCC), web conferencing,enterprise resource planning (ERP), business intelligence (BI), enterprise content management (ECM), customer relationship management (CRM),supply chain management (SCM)and project &portfolio management (PPM) software.Categories by organizational size include small business, medium business, enterprises and large enterprises. Verticals include BFSI (banking, financial services and insurance), manufacturing, telecom, media &entertainment, transportation, healthcare, energy &utilities, retail, distribution and public sector.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-ma-33

Major players in the MEA enterprise software market are Microsoft Corporation, OracleCorporation, IBMCorporation, SAP, Symantec, EMCCorporation, HP, VMware, CA Technologies and Salesforce.com. These players adopt strategies that involves partnership and acquisitions &mergers to create a wide range of their software solution product line. For example, in 2014, SAP partnered with Etihad Airways, the national airline of the UAE to deploy a range of enterprise application solutions across its vital business functions including finance, human resource, procurement &supply management and business intelligence. Besides these strategies,major players also focus on innovating their enterprise application software products to offer unique solutions for different industries. For instance, in 2014, SAP announced its availability of new manufacturing solutions suite which delivers data integration across enterprise operations and a broadened access to data through mobility.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Cosmetic Chemicals Market – ASEAN Industry Analysis and Opportunity Assessment 2014 – 2020: Future Market Insights

FMI_Facebook

The growing beauty products market has been increasing the demand for value-enriched cosmetics. The market is flooded with various cosmetic chemicals. Cosmetic chemicals are the basic ingredients found in cosmetic products including soap, shampoo, lipstick, mascara, deodorants and other beauty products (excluding the products listed under therapeutic goods). At present, various cosmetic business enterprises use more than 5000 different chemical compositions to offer selected cosmetic products. Based on its end use applications, cosmetic chemical have been further divided into surfactants, emollients, conditioning polymers, and UV absorbers. These chemical-based products contain preservatives which hinder microbial growth and thereby offer longer shell life to the cosmetics. In addition, these chemicals contain a variety of vitamins, antioxidants, minerals, herbs, hormones, and fragrances. This vast range of cosmetic chemicals allows business cosmetics to deliver different types of cosmetics in the market, thereby offering a vibrant market to cosmetic industries.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/asean-cosmetic-chemicals-market

Their use is widely found in personal care products. A wide range of applications ranging from anti-ageing cream to shampoo is driving the cosmetic chemical market to its zenith. Companies these days are focusing on organic grade cosmetic chemicals as they are considered to be a healthier option when compared to commodity surfactants and petroleum oils. The cosmetic chemicals market has been segmented into skin care products, make up products, hair care products and fragrance products. Among all its market segments, cleaning agents and foaming agents are the enduse applications that account for the largest percentage of the market. Skin care products accounted for 31% of global cosmetic market in year 2013. Though cosmetic chemicals offer many options to formulate cosmetics depending on different skin types, the market is shifting towards natural surfactants primarily because of the rising safety concerns of sulfate-based surfactants.

Globally, North America is the largest market for cosmetic product consumption. It accounted for 21.2% of global market share in 2012. USA with US$ 54.89 billion in 2012 is the biggest cosmetic market. However, with the rising dominance of non-western beauty culture in Eastern region, the market share is set to shift towards ASEAN region. Ethnic and cultural diversity in APAC, and particularly in ASEAN region,are driving the cosmetics market vertically upwards. Growing consumer class in ASEAN region from 67 million population to 125 million population by 2025 will offer a lucrative market for various business cosmetic business channels. A large consumer base, ample natural resources, availability of cheap labor and easing of policies such as FDI by government, are the main driving factors for the cosmetic chemicals market in ASEAN markets.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-as-31

In the ASEAN region, the cosmetic market has been witnessing a double digit growth every 5 years. GDP at the constant price shows a vertically upwards trend in these regions. The rise in the middle class population in Thailand, Indonesia, Vietnam, Myanmar, and Philippines is the major driving factor for the growth of this sector, while in Malaysia and Singapore, wealthy segments contribute largely to it. Skin care products are set to witness exponential growth in the ASEAN market, thereby offering lucrative business opportunities in the cosmetic chemicals market.

There is a flood of suppliers in cosmetic chemicals which results in a fragmented market. However, the demand for premium personal care products has led to consolidation of the market, thus leading to high competitiveness among the dominant players in this market. The prominent players of cosmetic chemicals market include Dow Chemical Company, BASF SE, Bayer AG, Givaudan SA, Merck KGaA, Shell Chemical and Berkshire Hathaway Inc.

 ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Carbon Nanotubes Market – Global Industry Analysis and Opportunity Assessment, 2014 – 2020: Future Market Insights

FMI_Facebook

Carbon nanotubes (CNT) are nano-sized tubes made up of carbon atoms. Their properties depend on how carbon atoms are aligned to each other in a sheet. It is gaining prominence in various industry verticals primarily due to its varied applications as well as its durability. It is 100X times stronger and 6 X times lighter when compared to steel. Research is underway to explore its market potential in the auto mobile and electronics industries. It is a multi-billion dollar investment in technology when compared to other synthesized nanomaterial.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/global-carbon-nanotubes-market

Owing to its attractive features, it is penetrating various end use markets. The growing demand for nanotechnology is set to cater to the growing demands of energy, healthcare, environment, aerospace and electronics sector. Analysis of the growing market of carbon nanotubes (CNT), there has been a tremendous rise in CNT patents over the last 5 years.In the healthcare domain, it plays an important role in body implants, medical devices, and dental filling materials. Researchers have developed sensors using carbon nanotubes, which can be injected into the blood to know the concentration level of nitric oxide. It has potential in assessing critical illnesseslike oral cancer. In oil and energy sectors, it can play an important role in cleaning of oil spills. Besides the oil sector, it finds its usefulness in water purification plants. Compared to other alternatives, it is a cost-effective and reliable platform.

Globally, North America and Europe are the biggest markets for the companies operating in nanotechnology. Together, they account for almost 70% of market share. Though the market for North America is seeing a declining phase after the recent economic downturn, it is expected to bounce back with potential investment in various business sectors. With a market share of 25%, APAC is third biggest and fastest growing regional market for carbon nanotubes primarily due to the inflow of FDI in energy and healthcare sectors as well as the growing demand for specialised materials. Growing industrialisation in China and India are the other major driving factors for carbon nanotubes.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-78

Electronics and transportation are the key market segments which will see a massive investment in the APAC region. China, being the global leader in electronics market, will witness a massive investment in carbon nanotubes in the future. India, on the other hand,is the market hub for automation industries. It contributes almost 22% of India’s manufacturing sector. With 100% FDI inflow in the automation sector in India, the market seems promising for enterprises operating their business in carbon nanotubes. China’s electronics industry has witnessed a massive double digit growth since 2001. Though Chinese nanotube markets pace has been reduced by the 21stcentury economic downturn, it soon regained its growth momentum by 2009.  With carbon nanotubes, it is expected that China will soon repeat its double digit growth in the next few years. Besides the transportation and electronics segments, APAC is set to witness a CAGR growth of 49.2% (2014-2018) in the field of nanotechnology for energy sectors. The aged population in India and China is the other key factor that is driving the healthcare market in the APAC region. Carbon nanotubes with its cost effective and reliable solutions is set to penetrate the healthcare market in APAC in the coming years.

Nanocyl S.A, Arkema S.A. (France), CNano Technology Ltd. (USA), Bayer MaterialScience AG, Showa Denko K.K. and Hyperion Catalysis International Inc. (U.S.) are some of the leading companies in the carbon nanotube market. With rising popularity of carbon nanotube technology, global market will witness many new emerging players in this sector.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Plastic Additives Market – Asia-Pacific Industry Analysis & Opportunity Assessment, 2014 – 2020 : Future Market Insights

FMI_Facebook

Plastic additives are chemicals added in a polymer to modify its properties. The polymers used in plastics are combined with monomeric units and are not in their pure form, but are harmless. The objective is to improve the processing characteristics and properties of plastics and to enhance performance. These monomers are known as plastic additives and can be classified as reinforcing fibres, coupling agents, stabilizers, colorants, fillers, processing aids, flame retardants, peroxides and antistatic agents. Plastic additives enable safe handling of the plastic during the manufacture of finished products. The stabilizing plastic additives are halogen stabilizers, ultraviolet absorbers, antioxidants and biological preservatives. Also, there are processing aids such as lubricants and flow controls.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/asia-pacific-plastic-additives-market

The end-uses of plastic additives are in the plastic industry and its products.For example, fire retardation plastic additives are added to polymers to break them down. This ensures reduced viscosity, which is essential for moulding the plastics into various finished products. Another example is that of ultraviolet absorbers, which are added in plastic pots used in plantations, to enable resistance to ultraviolet rays. Anti-microbial plastic additives are also used in this product as well as other products, as microorganisms can decompose plastics into monomers. Lubricants minimizes both internal and external friction, helps mould release and enhance mould flow. Fillers are used to increase the volume of the plastic available and to make it cost-effective. Also, temperature resistance of plastics is enhanced by plastic additives. Additives facilitate the use of plastic in space craft due to the ability to sustain at high temperatures.Plastic additives have a large number of applications in defence, aerospace, aviation, automotive, consumer appliances, commodities, paints and coatings, FMCG and packaging industries.

The global plastic additives market is forecasted to reach US $ 50 billion by 2020 and is projected to grow at a CAGR of 3.8% during the forecast period.India and China are the lucrative markets due to presence of low-cost labour and raw materials. Plasticizers is the largest revenue generating segment of the plastic additives market valued at US $ 21.4 billion,followed by flame retardants with a CAGR of 5.4% projected for 2013–2020. The anti-microbial segment will also grow at a moderate rate due to increase in demand from the healthcare industry. The plastic additive industry is energy- and capital-intensive, wherein gas and oil are the major raw materials. It is easy to use and hasnumerous applications that make it an adaptable industry. Asia Pacific is the leader globally in terms of value and volume and production and consumption, and the key drivers being the surge in its automobile and infrastructure industry. Additionally, the Chinese and Indian automobile industries are expected to grow at 8% to 14% respectively during the forecast period 2014 – 2020.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-ap-79

Plastics surfaced as an alternate solution to replace the use of metals in numerous industrial and non-industrial applications such as automotive manufacturing, mechanical fasteners, medical equipment, commercial furniture and so on. Plastic additive producers are currently focusing on developing economies such as AsiaPacific. The region accounted for around 40% revenue of the plastic additives market as of 2013, which is projected to increaseto 60% by 2020. Increasing awareness regarding conservation of depleting natural resources is expediting growth of the plastic additives market in AsiaPacific.

Plastic additives is an evolving industry with a whole range of property extenders, modifiers, stabilizers and processing aids. In today’s world, each activity of modern day life in influenced by plastics and it is widely dependedupon. Just to name a few, auto parts, medical equipment, telecommunication instruments, electronic devices, entertainment and leisure objects, insulators andother gadgets are produced from plastic, which would not be possible without plastic additives. Plastic additives are safe, offer strength, give aesthetic appearance, last longer and reduce production costs.

 About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature.

FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London – W1B 3HH

United Kingdom

T: + 44 (0) 20 7692 8790

D: +44 (0) 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Biocide Market – Latin America Industry Analysis and Opportunity Assessment, 2014 – 2020: Future Market Insights

FMI_Facebook

Biocides are the chemicals or certain metals which are used to kill different categories of micro-organisms at different life stages. Biocides are widely used in drinking and waste water treatment, healthcare and the consumer goods industry. Consumer products include cosmetics, cleaning products, detergents, some toothpastes and general disinfectant products. In addition, biocides are used in food industry at a sub-lethal level to act as preservatives which impart a longer shelf life.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/latin-america-Biocide-market

There is an increased demand for bromine and its derivatives from the enduse sectors such as agriculture, oil & gas, textile, electronics, ship & automotive, pharmaceutical and water treatment plants. The biocide market can be segmented by type as metallic compounds, halogen-based derivatives, organic acids, organ sulphurs, and phenol-based compounds. Glutaraldehyde and sodium hydroxide are some other types of biocides. Biocide will finds its highest growth in the wastewater treatment sector (one-fourth of market revenue) followed by the food & beverages industry, the personal care segment and metalworking fluids.

Halogen compounds are the most common type of biocides used in large number of industries followed by organic acids. They account for nearly one-fourth of the total biocide market share. Various enduse industries such as water and wastewater treatment plants, paper and pulp industries, and cooling systems usehalogen-based biocides in their daily operations.  Organic acid is the next type of biocide which accounts for thesecond largest share in thebiocidesmarket. It is prominently used in areas related to disinfectant water and wastewater treatment. Metallic compounds are largely used for disinfection of industrial wastewater systems.However, their market potential seems to be dipping primarily due to rising environmental concerns and human side effect risks. Greater concern over public health willdrive the demand for phenol-based biocides at a CAGR of 6.8% (2014-2020) in hospitals, railway stations, retail outlets and other public places.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-la-83

Geographically, North America with 40% share in the global biocide market is expected to continue to dominate the marker over the next five years. However, Latin America and the APAC biocide marketsare also anticipated to remain a promising market.The prime reasons behind the North America growth trajectory are advanced technological solutions, concentration on the food & beverages and healthcare industries. Though North America is surely the global leader in the biocide market, itsgrowth will see a stagnant phase due to stringent environmental regulations.

Latin America will be the future market for biocides. With the rise in GDP, technological advancement, and advent of better healthcare facilities, Latin America will offer a lucrative biocides market. Though its market share in terms of value was just 8% of the global market in 2013, itwill witness tremendous growth in next5 years. Brazil is seen as the market with the most potential in Latin America for biocides. The Brazilian government is now boosting its infrastructure and healthcare system. These efforts will act as a catalyst for the development of the biocides market in the country. Also, being an active member of BRICS, Brazil will witness heavy investment in various industry verticals which, in turn, will furtherboost the biocide market in Brazil.

Large numbers of government and environmental regulations are imposed at various levels of the value chain in the biocide market right from manufacturers to distributors.Thisacts as potential threat for a new entrant having less knowledge of labelling and safety. Numerous laws exist in different countries regarding labelling and storage of biocide products, and their leftover disposal. Therefore the market of biocides is expected to grow at a moderate CAGR between 2014 and 2020.

 ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

Wood Coatings Market – Global Industry Analysis and Opportunity Assessment, 2014 – 2020: Future Market Insights

FMI_Facebook

Wood coatings refer to the process of refining or protecting a wooden surface, especially in the production of furniture. Wood coating applications include: interior wood, small furniture, panels, tables, cupboards, chairs, office furniture, kitchen furniture, doors and staircases among others. There are generally three types of wood coating: evaporative, reactive and coalescing. Wood coating starts with sanding either by hand or scraping. Imperfections or nail holes on the surface may be filled using wood filler. Often, the wood’s color is changed by staining, bleaching, or any other techniques. Once the wood surface is prepared and stained, the coating is applied. It usually consists of several coats of shellac, drying oil, paint, wax or lacquer. Finally, the surface may be polished using wool, steel, rotten stone or other materials, depending on the shine desired. In addition, a final coat of wax is applied over the finish to add a degree of protection.

Browse Full Report@ http://www.futuremarketinsights.com/reports/details/global-wood-coatings-market

Furniture, decking, and siding are the three largest applications in value terms. However, smaller doors, windows and cabinet applications are expected to achieve faster growth in the near future. Paint is the dominant wood protection product used on siding, windows and doors, but stains and sealers are more widely utilized on cabinets, decks, furniture, and flooring. Residential end-user is the largest market for wood protection products, driven by maintenance demand for items such as fences, siding and decks. Non-residential and non-building uses account for a much smaller market for wood protection products.

The growth in the housing market is the primary driver for the wood coatings market. Homeowners are investing more in the upkeep of their decks, fences, floors and siding. A well maintained home adds value of the home and saves money in the long term. In addition, stringent regulations, rising competition, growth in unique formulations and new product developments are some of the factors stimulating the growth of wood coatings market. However, availability of cheaper and quality substitutes, such as wood composites and plastic wood could hamper the growth of this market. These alternative are often more durable and require less maintenance as compared to wood products. Although substitutes are available, wood is a primary choice for commercial and residential purposes due to wide availably in the market. Wood coatings account for the majority of the wood protection demand with paints and stains holding the largest shares. In contrast, preservatives, which are applied to lumber by the wood treatment companies, account for smaller portion of wood protection demand.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-144

Asia Pacific is currently the largest market for wood coatings, followed by Europe, North America and Rest of the world (RoW). Sustained demand from the developed markets and burgeoning demand from emerging economies will continue to drive the wood coating market. The industry is witnessing a major shift of key market players from Europe and the U.S. to the emerging economies of Asia Pacific, comprising of China and India.

Some of the key players in this market are Akzo Nobel Coatings nv (Netherlands), PPG Industries Inc. (U.S.), Sherwin-Williams Co. (U.S.), DuPont Coatings and Color Technologies Group (U.S.), ICI Paints (UK), BASF Coatings AG (Germany), Valspar Corp. (U.S.), Nippon Paint Co. Ltd. (Japan), Dow Coating Materials (U.S.) and Kansai Paint Co. Ltd. (Japan) among others. Dow Coating Materials has launched two new acrylic binders for the wood coatings: EXP-4414 and EXP-77. According to the company, the new binders offer improved block, print and dirt pickup resistance and improved hardness development when applied to wood. maintenance-free are also expected to provide growth opportunities for the lead market.

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful, and actionable research.

CONTACT:

Future Market Insights

Ms. Shibboo Singh

3rd Floor,

207 Regent Street,

London   W1B 3HH

United Kingdom

T: +44 (0) 20 7692 8790

D:  +44 20 3287 4268

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com