Metals and Minerals

Format: 2016-10-22
Format: 2016-10-22
October 19, 2016 | 72 Pages | SKU: IRTNTR9943

Overview of the global galvanized steel market

Market research analysts at Technavio have predicted that the global galvanized steel market will grow at a CAGR of more than 5% by 2020. Galvanized steel has wide applications which include equipment buildings, platforms, stairs, and handrails. Piping and its fittings consume a significant amount of galvanized steel in water reticulation, cooling water, and fire protections systems. Galvanized steel products are used in bolts and nuts, steel main frames, and cable support systems in transmission tower systems while the galvanized steel conveyor systems are extensively used for fuel supply in a coal-fired power station.  The latest development in the market is the increased use of glass fiber-reinforced polymer (GFRP) rebars which offer more benefits than traditional steel rebars. These rebars are made of corrosion resistance and have high-strength glass fibers bound by epoxy resin. They do not require extra concrete cover, catholic protection, and anti-shrink additives, which makes them ideal for applications including water or brine such as retaining walls, canals, swimming pools, offshore platforms, and aquariums.

APAC is the fastest-growing region in the galvanized steel market and is anticipated to occupy around 68% of the overall market revenue by 2020. The primary reason for this region’s growth is the high demand for galvanized steel flat-rolled products coming from the automobile and construction sectors. Moreover, with China being the largest producer of galvanized steel specially metal-coated steel sheets, will accelerate steel production in the region in the coming years.

Competitive landscape and key vendors

The market is highly fragmented with the presence of many global and regional vendors.

October 14, 2016 | 89 Pages | SKU: IRTNTR9845

Overview of the Indian steel industry

Technavio’s market research analyst predicts the Indian steel industry to grow at a CAGR of almost 7% by 2020. The Indian steel industry is highly advanced with cutting edge steel mills, consistent modernization, upgradation of existing plants, and high energy efficiency levels. Developments in the Indian steel industry are primarily driven by the domestic accessibility of cheap labor and iron ore. The increase in infrastructure projects such as power, bridges, dams, roads, and urban infrastructure development has boosted the demand for steel and steel products owing to their strength, durability, corrosion resistance, hardening ability, formability, welding ability, and ductility. The growing requirement of adequate iron ore among the end-user industries will necessitate steel manufacturing during the forecast period.

One of the latest trend gaining grounds in this market is the rise of the renewable energy industry. Steel plays a crucial role in developing infrastructure for the generation of electricity from renewable energy such as solar, tidal, and wind energy. The use of steel in developing the infrastructure will enable the construction of stronger, taller, and lighter-weight tower for wind turbines, which will increase their productivity as well as reduce carbon emissions associated with their construction. With the wind and solar energy sector registering high growth rates, the demand for steel will increase considerably in the coming years.

Competitive landscape and key vendors

The Indian steel industry is characterized by the presence of giants such as Tata Steel, SAIL, and JSW Steel. The market is also fragmented with the presence of regional players. Intense competition prevails in the

October 14, 2016 | 60 Pages | SKU: IRTNTR10417

Overview of the global mining chemicals market

Technavio’s market research analyst predicts the global mining chemicals market to grow at a CAGR of more than 7% during the forecast period.  Mining chemicals are specialized chemicals that improve the productivity and efficacy of mining processes. These chemicals are predominantly used in blasting and drilling, mineral processing, and water and waste treatment. They are commonly used in the extraction of metals and minerals like copper, gold, molybdenum, nickel, iron, cobalt, alumina, and other industrial minerals like bauxite, chromite, cobalt, manganese, and quartz. The consumption of mining chemicals has been growing considerably as they enable higher productivity and better quality yield in the mining industry. Moreover, with growing complications in mining processing, several chemical research companies, such as Kemetco Research, Nalco, Axis House, and Kamira, are coming up with eco-friendly specialty chemicals that have negligible environmental effects.

APAC was the largest and fastest-growing region in the global mining chemicals market in 2015. China, Australia, and India are the major revenue contributors in the region. Much of the region’s growth comes from the surging demand for mining chemicals in China, which occupied around 66% of the mining chemicals market in 2015. Factors like rising mining activity and the increasing investment in the mining industry in China are expected to augment the growth of the region's market over the next four years.

Competitive landscape and key vendors

The global mining chemicals industry is extremely competitive where key players compete to increase their market shares and geographic presence by acquiring the local and regional players. Competition in the market will further intensify in the

October 05, 2016 | 61 Pages | SKU: IRTNTR10440

Overview of the global zirconium market

Technavio’s market research analyst predicts the global zirconium market to grow at a CAGR of almost 7% by 2020. One of the major drivers for the growth of the global zirconium market is the increase in demand from China. China has emerged as a hub for the manufacture of zirconium because of its low-cost labor and flexible government regulations. In 2015, China produced more than 90% of ZOC and zirconium silicate across the world. The country’s liberal trade policy gives access to exporters from developed countries in the Americas and EMEA. Moreover, the growing construction industry in China has led to an increase in the consumption of ceramics, propelling the demand for zirconium.

In terms of geographical segmentation, APAC is the fastest growing zirconium region in the market and will continue its dominance during the forecast period. The high growth rate of the market in APAC can be attributed primarily to the increase in demand from emerging countries such as China and India. Countries like Japan, Indonesia, and Australia are the other major contributors to the market, in terms of stable consumption for zirconium.

Competitive landscape and key vendors

The global zirconium market is dominated by established players that have significant market presence. China and North America are the leading markets for zirconium. Vendors in the market anticipate that the high demand for ceramic products in APAC will significantly contribute to the growth of the zirconium market in the region. In the North American market, especially in the US, the market growth is led by strong industrial activities and manufacturing. With the growing number of

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 | 78 Pages | SKU: IRTNTR10045

Global outlook of metalworking fluids market

Technavio’s market research analyst predicts the global metalworking fluids market to grow steadily at a CAGR of around 4% by 2020.  Currently, the market is witnessing a growing inclination towards synthetic fluids that contain lubricants. Synthetic fluids are better than conventional fluids due to their advanced forms and functions. These fluids provide better tramp oil control than conventional fluids, and offer accurate concentration measurements and extend pump life by lowering the oil contamination. These metalworking fluids also generate less foam and reduce mist. They have better efficiency and performance under load in low viscosity formulations and are also fire resistant. Also, these fluids are expensive and are consumed in a lower concentration. The growing popularity of these fluids will contribute significantly towards the cumulative overall sales and revenue in the market in the coming years.

APAC is the largest revenue contributing region in the market and is likely to occupy more than 46% of the total market share by 2020. The major growth driver for the market growth in this region is the massive consumption of removal fluids. The increase in industrialization in the region is anticipated to increase the consumption of metalworking fluids in machinery, transportation equipment, and metal fabrication industries. Owing to their cost-effectiveness and associated benefits, metalworking fluids will have extensive usage across various end-user industries, providing prospects for the market growth during the forecast period.

Competitive landscape and key vendors