Segmental Analysis:
On the basis of geography, the Global Fire Protection Coatings market share is segregated into five key regions namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, Asia Pacific is predicted to lead the market globally due to rising demand from the heavy end industries such as, oil & gas, paints and coating, marine and others. Europe is also predicted to witness a massive growth in the Fire Protection Coatings market due to their growing use in furniture and construction industries. The North American and Latin American has recognized a significant development in the market owing to growing demand of steel in various industries. Moreover, the Middle East & Africa has witnessed a stunted growth in the market due to economic slowdown.
Fire Protection Coatings are applied to the industrial components to act as a protective barrier which prevents them from damage during a fire. These coatings are of two types namely passive protection coatings and active protection coatings. They are known for their strength, reliability and excellent fire performance characteristics. Owing to these features, they are used in various application such as buildings and construction, oil & gas, automotive, aviation, marine and others.
The Global Fire Protection Coatings Market has been driven by the rising usage of passive protection coatings due to their low cost and non-combustibility features. A significant growth has been predicted in the market owing to rising demand in the end-use industries.
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Competitive Analysis:
Some of the major players operating in the Global Fire Protection Coatings Market: PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), The Sherwin-Williams Company (U.S.A.). RPM International Inc. (U.S.A.), Nippon Paint Holdings Co.(Japan), Axalta Coating Systems, LLC(U.S.A.), The Valspar Corporation( U.S.A.), BASE Coatings (Germany), KANSAI PAINT CO.,LTD (Japan), among others.
Market Segmentation:
The Global Fire Protection Coatings Market is differentiated into type and application. By type, the market is further segmented into passive Fire Protection and active fire Protection Coatings. Passive fire coatings includes application in constructional components such as concrete, compartments, structures and others. These coatings hold the major share in the market due to its popularity and growing use in end-use industries such as construction, paints and coatings, automotive, energy and others. They are light weight therefore can be applied easily. Active Fire Protection Coatings is a system where coatings can be applied automatically without any manual help. These coatings are implemented by a system of sprinklers, alarms water deluge systems. It is projected that active Fire Protection Coating Market is set to grow at a high rate due to its growing usage in buildings and construction industry, hospitals and others.
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Rare Earth Metal Market:WiseGuyReports.com adds “Global Rare Earth Metal Market Research Report 2020 Analysis and Forecast 2026” reports to its database.Executive SummaryGlobal Rare Earth Metal Market is valued approximately at USD 3.09 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.40% over the forecast period 2019-2026.
The rare earth metals are gaining larger demand in manufacturing electric vehicles across the globe due to its advent offerings within automotive industries such as wind power generation, fuel cells, hydrogen storage and rechargeable batteries, as well as the permanent magnets used in electric and hybrid-electric vehicles.
Therefore, the rapid growth in demand of electric vehicles across the globe propel the demand of rare earth metal over the forecast years.
It was found that over 45% of electric cars on China’s road in 2018 that is 2.3 million compared to 39% in 2017.
However, fluctuating costs of rare earth metals and illegal mining in rare earth metal ores are the factors hampering the market growth over the forecast years.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5278120-global-rare-earth-metal-market-size-study-byThe regional analysis of global Rare Earth Metal market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
Factors such as inherent properties of rare earth metals and significant growth in consumer electronics industries in the region would create lucrative growth prospects for the Rare Earth Metal market across Asia-Pacific region.Major market player included in this report are:Alkane Resources Ltd.Arafura Resources Ltd.Avalon Rare Metals Inc.Baotou Hefa Rare Earth Co. Ltd.Canada Rare Earth CorporationChina Minmetals Rare Earth Co. Ltd.Great Western Minerals Group Ltd.Indian Rare EarthLynas Corporation Ltd.Molycorp Inc.The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.
Such factors, as revealed by the latest MRFR report, include rising demand from residential and commercial sectors, surging demand for energy-efficient roof systems, increasing use in the automotive sector, and growing demand for such products in various applications such as roof coating and wall coating in residential and commercial sectors.
Additional factors adding to the Elastomeric Coating Market Growth include increasing investment in the construction sector, rapid industrialization, increasing automotive production, economic growth worldwide, and rising per capita disposable income.The Elastomeric Coating Market is likely to touch USD 14.6 billion at a 7.8% CAGR between 2017-2025, reveals the new Market Research Future (MRFR) report.
Surface adhesion, flexibility, toughness, and elasticity are the alluring features of Elastomeric Coatings owing to which it has wide applications such as floor, roof, and wall, among others.On the contrary, high initial cost and volatile raw material cost are factors that may limit the Elastomeric Coating Market Growth over the forecast period.Key Players:Notable Players Profiled in the Elastomeric Coating Market Report include Rodda Paint Co. (U.S.), Clariant (Switzerland.
), The Dow Chemical Company (U.S.), PPG Industries, Inc. (U.S.), Henry Company (U.S.), and BASF SE (Germany).
Industry players have incorporated several strategies such as mergers and acquisitions, strategic alliances, extensive research and development, product development, and collaborations to create a niche in the market.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/1699Market Segmentation:The Market Research Future Report provides an inclusive Segmental Analysis of the Elastomeric Coating Market based on End Use Industry, Application, Source, and Type.By Type, the Elastomeric Coating Market is segmented into silicone, polyurethane, acrylic, and others.
Of these, wall coatings will have a major share in the market over the forecast period.By End Use Industry, the Elastomeric Coating Market is segmented into aerospace, marine, construction, automotive, and others.Regional Analysis:By Region, Global Elastomeric Coating Market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA).
