Chemicals and Materials

Format: 2016-10-01
Format: 2016-10-01
September 30, 2016 | 66 Pages | SKU: IRTNTR10556

Overview of the global fluorochemicals market

Technavio’s market research analyst predicts the global fluorochemicals market to grow at a moderate CAGR of more than 4% between 2016 and 2020. The increasing demand for refrigerants is expected to be a major driver for the fluorochemicals market during the forecast period. The growth in the cold storage industries, primarily in the developing countries, has increased the demand for fluorocarbons used as refrigerants. The demand for refrigerants, especially for ventilation and air-conditioning systems, is also increasing from other end-user industries such as oil and gas, automobile, pharmaceuticals, and construction. The rising installations of heating, ventilation, and air-conditioning (HVAC) systems in the manufacturing and automotive sectors will further enhance the application of refrigerants, leading to the additional growth of the fluorochemicals market in the coming years. Furthermore, the decreasing prices of raw materials like fluorspar including acidspar and metspar will also contribute to the growth of the global fluorochemicals market.

In terms of geography, APAC is the largest revenue continuing region in the market and will continue its dominance over the forecast period. Countries in the region, such as India, Japan, and Australia, have a huge demand for fluorochemicals. Also, these countries are the ideal locations for global vendors for the export of raw materials and to set their fluorochemicals industries in these countries. China is one of the largest producers of fluorite and occupies more than half of the global reserves.

Competitive landscape and


September 30, 2016 | 55 Pages | SKU: IRTNTR10012

Overview of the leather and allied products market in Bosnia and Herzegovina

Technavio’s market research analysts have envisaged that the leather and allied products market in Bosnia and Herzegovina will witness steady growth and will post a CAGR of close to 4% over the forecast period. The proximity of Bosnia and Herzegovina to major textile and leather markets, such as France, Germany, Italy, and Spain, as well as the ability of its manufacturers to accept orders at short notice and deliver finished products quickly are factors that will boost the growth prospects of this market in the coming years. Moreover, the country has an abundant supply of cheap labor, which makes it a favorable destination for foreign investments.

An increase in the production capacity of leather tanning industry is one of the emerging trends driving the growth of this market. The production capacity of the leather tanning industry has fluctuated markedly since 2010. Between 2010 and 2014, revenue generated from tanning of furs and skins grew from less than USD 1 million to reach USD 50 million. It has been observed that the periods of significant growth in the leather industry coincided with the periods of increase in foreign investments as a result of improvements in the business environment in the country. The production capacity of leather tanning industry is anticipated to increase drastically during the predicted period, which will have a positive impact on this market’s prospects over the next four years.

Segmentation by product type and analysis of the leather and allied products market in Bosnia and Herzegovina

  • Tanned and dressed leather and dressed and dyed fur
  • Luggage, handbags, saddlery, and harnesses

During 2015, the tanned and dressed leather segment dominated the market and accounted for a market share of close to 88% in terms of revenue. Fresh foreign


September 29, 2016 | 73 Pages | SKU: IRTNTR10289

Overview of the global polyurethane market

According to Technavio’s market research analyst, the global polyurethane market is anticipated to grow at a CAGR of more than 7% during the forecast period.  One of the major growth drivers for this market is the increased use of bio-based polyurethane in construction applications. Rigid polyurethane foam has extensive usage in thermal insulation of walls for buildings, vessels for refrigerated cargo, light-weight products used in construction and automotive applications, pipelines, and cryogenic wind tunnels. These foams have preference over conventional materials such as fiberglass and mineral wool due to the relatively higher insulation offered by them. Also, these foams increase the living space and offer excellent energy efficiency. In addition, the increased use of polyurethane coatings due to stringent government regulations for greener and sustainable environment is expected to provide tremendous opportunities for the market growth in the coming years.

APAC is the largest revenue-generating region in the polyurethane market and is anticipated to account for around 46% of the total market share. Much of the region’s growth is due to the rising demand from construction, bedding and furniture, packaging, automotive, footwear, and electronics industries. Urbanization and industrialization, coupled with the growing requirement for energy-efficient buildings are enhancing the need for insulation, which will boost the demand for bio-based polyurethane in the region in the coming years.

Competitive landscape and key vendors

The global


September 28, 2016 | 64 Pages | SKU: IRTNTR10528

Overview of the smart textiles market

According to the market research analysts at Technavio, the global smart textiles market is expected to witness tremendous growth and will post a staggering CAGR of nearly 25% during the predicted period. With the miniaturization of electronic components and systems, the market for smart textiles is likely to have a positive outlook over the coming years. The core yarns of traditional textiles are integrated with electronic components to be used in several applications like monitoring vital signs in the medical sector, monitoring performance in the sports sector, and in transport, military, and other related sectors. Rapid technological developments in wireless and electronics sector have led to the miniaturization and integration of electronic components into conductive textiles, propelling this market’s growth prospects.

One of the recent trends gaining traction in the market is the increase in incorporation of the Bluetooth low energy (BLE) technology. This technology is wireless personal area network technology designed with connectivity to mobile phones, low power consumption, and multi-vendor interoperability. Garments enabled with BLE technology can sense and monitor data via an internet connection. Moreover, BLE technology considerably reduces power consumption in comparison to other power sources.

Competitive landscape and key vendors

The global smart textiles market is highly fragmented due to the presence of several well-established vendors. The majority of vendors have an


September 28, 2016 | 81 Pages | SKU: IRTNTR10416

Overview of the lime market

Extensive research carried out market research analysts at Technavio has shown that the global lime market will grow at a steady pace and will post a moderate CAGR of more than 4% over the forecast period. The increasing use of lime for animal waste treatment is one of the major factors driving this market’s growth. The use of lime for animal waste treatment is not only cost-effective but also helps to control odor and maintain pH. Also, lime treatment is almost half the cost of aerobic and anaerobic digestion and creates a pH level higher than 12, which helps in efficiently eliminating pathogens. Moreover, quicklime aids in increasing the temperature of the waste to very high temperature of nearly 158F that helps in drying the solid waste faster. Furthermore, lime has calcium ions that react with the hydrogen sulfide present in animal waste to form complexes, thereby getting rid of the foul smell.

The modernization of lime production plants in Europe is an important trend likely to spur this market’s growth prospects. As Europe is focusing on becoming a low-carbon economy by 2050, the lime sector being a carbon and energy intensive sector is likely to contribute immensely to this objective. This has led the lime industry in Europe to undergo major transformation, resulting in the modernization of plants and adjusting the fuel mix in order to lower its carbon emissions. Modernization of plants leads to increase in efficiency of engines and other technical progress, thus, reducing the carbon emissions significantly.

Competitive landscape and key vendors

The global lime market is highly fragmented owing to the presence of several well-established vendors. As logistics plays a critical role in manufacturing value-added products, the commercial


September 26, 2016 | 70 Pages | SKU: IRTNTR10047

Overview of the global polymethacrylate market in viscosity index improvers (VII) and pour-point depressants (PPD)

Technavio’s market research analyst predicts the global polymethacrylate market in viscosity index improvers (VII) and pour-point depressants (PPD) to grow at a sluggish CAGR of more than 2% by 2020. The introduction of new emissions standards for fuel economy and operability at extreme conditions have resulted in the development of advanced motor oil technologies that offer better durability and more fuel efficiency. This has prompted manufacturers to come up with lighter viscosity grades and new friction modifier technologies. The increasing need for better fuel efficiency in heavy-duty vehicles at lower operating costs has led to the development of lubricants with viscosity grades ranging from 15W-40 and higher to 10W-40 and 5W-30. Several original equipment manufacturers (OEMs) are designing engines that offer more fuel-efficient combustion, high horsepower, and torque under high tolerances. As these factors increase the temperature of engines considerably, the consumption of VII and PPDs to sustain these extreme conditions at high temperatures will increase in the coming years.

As per this market analysis, APAC will continue to dominate this market during the forecast period and is anticipated to occupy around 41% of the total market revenue by 2020. Much of the region’s growth comes from the development of advanced engine technologies. Strong growth in the demand for base oil used in trucks and automotive segment have increasingly increased the consumption of motor oil in several APAC nations such as China. The high consumption of motor oil by heavy-duty trucks will increase the consumption of viscosity additives by these


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