Global demand for paint and coatings
has grown steadily over the last decade. The increase in demand was mainly due
to the continuing recovery of global economy and rapid industrialization. The
paints and coatings sector depends heavily on the end-user industries it serves
and positive growth is expected in most of those segments. Increasing demand
from end-user industries such as steel, automotive, furniture and construction
is driving the market.
Architectural coatings segment
dominates the overall market followed by protective marine and general
industrial coatings. Industrial coatings are expected to witness a higher
growth rate compared to other segments due to the increasing number of
industrial activities in various regions.
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The key trends observed within the
industry include increasing demand for paints with functional benefits. There
are certain challenges which the industry is facing as of now which mainly
includes environmental rules and regulations and threats of substitutes. The
major factors which will contribute in the growth of the industry include
increase in vehicle production, growth in global construction spending,
increasing urbanization and growing global economy.
The present report offers a
comprehensive analysis of the worldwide paints and coatings market with a
special focus on the regional markets including Asia which includes India and
China, Americas which includes the US, Canada, South America, Latin America and
Mexico and South Africa. The competition in the global paints and coatings
market is intense with few large players viz. AkzoNobel NV, PPG Industries,
Sherwin Williams and Valspar. In addition, competitive landscape in Asia, North
America, Latin America and Europe along with the company profiles of the
leading players in the market is discussed in detail.
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By combining SPSS Inc.’s data
integration and analysis capabilities with our relevant findings, we have
predicted the future growth of the industry. We employed various significant
variables that have an impact on this industry and created regression models with
SPSS Base to determine the future direction of the industry. Before deploying
the regression model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS output,
including charts, tables and tests.
Latest Report:
Global Polysilicon
Market Report: 2013 Edition: http://www.marketresearchreports.biz/analysis/166358
Silicon is one of the most
significant inorganic materials. Polysilicon or polycrystalline silicon
comprises of numerous silicon crystals. Being one of the purest elements in the
world, the purity of polysilicon can be as high as 99.9999999+%. Depending upon
the purity levels, three types of polysilicon are manufactured viz.
Electronic-grade Silicon (9N), Medium-grade Silicon (6-7N), and Upgraded
Metallurgical-grade Silicon (>5N). On the industry front, polysilicon is
required by 2 major sectors viz. the solar PV industry and the semiconductor
industry.
This report analyzes the market size
of the polysilicon industry with focus on regions including Japan and China in
depth. Also, the solar PV and semiconductor industry size is discussed in
detail. In addition, market dynamics such as industry trends and developments
(world’s solar photovoltaic capacity surpassed 100-gigawatt, establishment of
strategic alliances, formulation of dye sensitized solar cells and declining
spot prices of polysilicon and solar module), growth drivers (rise in solar
cell demand, growth in semiconductor market, and growing global economy) and
challenges (trade dispute between Europe and China, oversupply in the industry
and heavy capital requirements) are explicated.
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