Ceramics

A brief insight of metallic stearate market in terms of the competitive landscape: increasing number of M&As to characterize the industry expansion

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The global metallic stearate market has been the recipient of several mergers and acquisitions lately, owing to the remarkable upsurge in the requirement of various metallic stearates. Companies partaking in this vertical, it has been observed, have now been looking forward to enhancing their regional reach by investing in capacity expansions as well. The overall growth of the metallic stearate industry however, can be aptly attributed to the rising product demand across the cosmetics, plastics & coatings, and food industries. In line with the surging product demand, companies have been adopting newer growth tactics to sustain in the competitive business space and consolidate their stance in the industry.

U.S. Calcium Stearate Market Size, By Application, 2017 & 2024, (Kilo Tons)
U.S. Calcium Stearate Market Size, By Application, 2017 & 2024, (Kilo Tons)

The increasing health hazards pertaining to the prevalence of a sedentary lifestyle have been resulting in the occurrence of numerous chronic diseases. Driven by the same, in tandem with the ever-changing diet consumption patterns and lifestyles, a rising trend of health consciousness has been observed among the masses. Consumers have found myriad ways to enhance their diet, one of which is consuming dietary supplements in the form of liquids, powders, capsules, and varieties of tablets. In this regard, many healthcare producers and food manufacturers have been formulating a new range of essential supplements. However, the increasing concerns about the shelf life and reducing nutrition value of the products a period of time have led to the requirement of metallic stearates. In fact, various forms of sucrose, glidant agents, starch derivatives, and lubricants comprising magnesium stearate and stearic acid have been used to hold nutrients and maintain uniformity in dietary supplements, which would gradually propel metallic stearate market share over the ensuing years.

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The competitive spectrum of metallic stearate market is indeed diverse, complete with a plethora of companies striving to augment the commercialization scope of this vertical. Enumerated below is a gist of the instances that have impacted metallic stearate industry in recent times:

  • In 2017, leading specialty chemical manufacturing company, Peter Greven disclosed its plan to extend its reach across U.S. with the acquisition of Norac Additives LLC. This acquisition will help the German oleochemical producer to strengthen its position in North America metallic stearate market pertaining to the value addition to its plastic additives and metallic soaps manufacturing portfolio. Reportedly, with the ever-increasing economic development and surge in the investment in healthcare infrastructure across U.S., this German company will gain commendable benefits ahead in metallic stearate market.
  • In another instance, a leading player in the metallic stearate market, Valtris Specialty Chemicals has acquired Akcros Holdings Limited in 2016. Akcros is one of the well-known suppliers of chemical additives for processing and production of paints, coatings, and polymers mainly across North America and Europe. This strategic acquisition has opened multiple new avenues for the company with the addition of different product ranges and a highly versatile customer base. In fact, this specialty chemical manufacturer, with this acquisition, is touted to strengthen its market position in North America as well as Europe metallic stearate industry. Moreover, Akcros is also well-known for its excellent R&D capabilities and product offerings that will also prove to be fruitful for Valtris to improve its future prospects.
  • In 2015, Univar USA Inc. purchased 100 percent stakes of Chemical Associates Inc., which prominently manufactures and distributes metallic stearates, calcium stearate, stearic acid, and many other chemical products. Through this acquisition, Univar had been touted to bring additional value to the firm’s pivotal markets such as food, personal care, sanitation, lubricants, adhesives, coatings, and cleaning.

The on-going strategic involvement of companies in the enhancement of the existing product portfolio and the extension of their regional reach is slated to generate profitable business opportunities over the years ahead. The rise in the manufacturing capabilities of the companies over the last few years will also remarkably fulfil the increasing product demand. For the record, the overall metallic stearate market size is anticipated to cross a respectable revenue collection of USD 7 billion by the end of 2024.

Author Name :Sunil Hebbalkar

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Aviation sector to boost thermal spray coating market over 2017-2024, stringent regulatory framework to encourage innovative product development

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In recent times, it has been observed that most of the leading players in thermal spray coating market have been constantly striving to transform the business vertical by means of bringing forth a plethora of innovative spraying systems. These firms have also been looking forward to developing sustainable spraying solutions considering the adverse effect of conventional coatings material on the environment. In this regard, in 2008, the EPA deployed new air pollution regulation rules, which have been applied for the existing thermal spraying processes that emit Hazardous Air Pollutants (HAP). Prominent HAP elements comprise manganese, lead, chromium, cadmium, and nickel. The EPA has also framed the National Emission Standards for Hazardous Air Pollutants (NESHAP) to implement regulatory compliances over the use of HPA emitting spraying process. In order to comply with such regulatory norms, many shipbuilding and refurbishment companies are continuously adopting sustainable and eco-friendly coating technologies, which would have a massive impact on thermal spray coating industry trends over the years ahead.

U.S. Thermal Spray Coating Market, By End-Use Industry, 2013-2024, (USD Million)
U.S. Thermal Spray Coating Market, By End-Use Industry, 2013-2024, (USD Million)

It is rather overt that myriad thermal spray coating market giants have been investing considerably in facility expansions in order to capture more business space. For instance, a joint venture of a leading player in thermal spray coating market, Praxair Surface Technologies and GE Aviation, PG Technology has recently decided to expand its coating facility plant based in Singapore considering the growing requirement of the product across the enormously intensifying aerospace sector. At this new facility plant, the company plans to double the electron beam physical vapor deposition coating capacity and install other important aviation-related coating processes. The facility is likely to become operational by 2019. PG Technologies’ move has been projected to increase the competitiveness across Singapore thermal spray coating market. Indeed, this investment in the capacity expansion will also help other Singapore based small scale companies to enhance their capabilities.

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Jet engine manufacturers and companies in aviation sectors are looking forward to implementing next-generation coating technologies in order to enhance the capability of jet engines to withstand high stress and temperatures, which would propel thermal spray coating market outlook. Moreover, the versatility of thermal spraying technology, owing to which it can be used for any type of material including plastic, metal, and ceramic, is one the major benefits that can be credited for its rising preference. In order to maintain the cost-effectiveness and quality of coatings, leading aerospace companies have been signing long-term partnership agreements with pivotal participants in thermal spray coating industry. For instance, a year before, Praxair Surface Technologies, one of the notable thermal spray coating market firms, signed a 10-year contract with the well-known aero engine manufacturer, Rolls Royce. Praxair Surface Technologies’ humongous expertise in coating operations will help Rolls Royce improve its engine efficiency and lifecycle. Thus, pertaining to the surging requirement of spray coatings in the aviation sector, in 2016, aerospace and defense held a revenue of USD 2.5 billion in thermal spray coating industry share.

With the increasing adoption rate of thermal spray coating technologies, several contributors in thermal spray coating market are focusing on the development of innovative and advanced coating technologies incorporated with the benefits of less energy consumption, lesser downtime, improved productivity, high quality products, extended shelf life of products, and lower operating costs. Indeed, in the ensuing years, the growing demand for next-generation engines and high-quality components is slated to generate lucrative opportunities for giants in thermal spray coating industry, that would eventually impact the revenue generation of this business space.

Author Name : Sunil Hebbalkar

Active calcium silicate market to witness massive demand from construction industry, Asia Pacific to prominently drive the global demand

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Strong growth in the infrastructural spending has carved a profitable growth map for the global Active Calcium Silicate Market. Active calcium silicate finds extensive application in the construction industry, owing to its properties such as high-temperature stability and sound absorption. Active calcium silicate market offers a wide product availability in the form of powder, boards, blocks and is used for fire protection, in Portland cement, acoustic insulation, ceramics, and paints & coatings. Active calcium silicate industry has witnessed an upsurge with rising demand from the construction projects including airports, flyovers, highways, fire stations, and other commercial complexes. As per statistics, the global construction spending in 2015 exceeded USD 7 trillion and is projected to record over USD 15.5 trillion by 2024, expanding at 7.5% CAGR over 2016-2024. Within the global construction expenditure, Asia Pacific held for more than 20% in 2015, owing to rapid infrastructural growth in the emerging economies.

U.S. active calcium silicate market size, by application, 2013-2024 (USD Million)
U.S. active calcium silicate market size, by application, 2013-2024 (USD Million)  

China is witnessing significant government initiatives toward installing fire protection in commercial and residential buildings, which in turn is stimulating the regional active calcium silicate market. Moreover, presence of huge industries including plastics, paint & coatings, rubber, and cements manufacturing units have accelerated the product deployment for high temperature insulation applications. This has boosted the product demand in China and the regional active calcium silicate market is projected to surpass 15 kilo tons in term of volume by 2024.

The global active calcium silicate industry is set to garner huge profit from its fire protection applications. The product is widely used in boards & blocks form in oil refinery, blast furnace, building walls, and electric arc furnace. Active calcium silicate market share from the fire protection application is estimated to generate sales of USD 135 million by 2024. The EAPFP (European Association for Passive Fire Protection) has imposed regulations and guidelines regarding the harmonization of fire safety standards for the commercial and residential buildings. Properties of active calcium silicate which includes adhesiveness, intumescent, and fire resistance have broadened the application scope to acoustic tiles and wallboards.

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Supportive regulations by ASTM in the United States to formulate, direct, and regulate fire safety standards and to conduct test methods on acoustic and thermal insulations have significantly favored the regional market growth. U.S. active calcium silicate industry, owing to such favorable support, is expected to grow at 3.5% CAGR over the period of 2016-2024. Apart from US, these test methods and quality standards are also heavily regulated across Germany, Italy, and France.

Another strong application trend of active calcium silicate is in Ceramic Tiles Market, which is anticipated to grow at a rate of 9% over 2016-2024. The overall active calcium silicate market from ceramic application is likely to register a growth rate of 3.5% from 2016-2024, owing to growing application in false ceiling, plaster of Paris, tiles, and roof manufacturing products as it possesses properties such as hardness, high melting point, corrosion resistance, and light weight.

These advantages of ceramics have propelled its heavy demand in replacement of tiles for improved aesthetic appearance. Brazil active calcium silicate market is poised to see a consumption exceeding 90 tons by 2024, owing to growing trend toward high quality ceramic tiles as a substitute for conventional walls and floors.

According to Global Market Insights, Inc., active calcium silicate market is projected to generate revenue worth USD 215 million with the global consumption target of 119 kilo tons by 2024. The global active calcium silicate market is also witnessing an upliftment with surging trade statistics. South Africa, UAE, and Saudi Arabia may witness product shortfall and can thus increase its product import. However, this scenario can provide a fair opportunity for the regional manufacturers to boost their manufacturing activities to balance the regional demand. The global market experiences a fierce competition among the industry players. Prominent active calcium silicate industry players include Promat International, Ramco Industries, American Elements, Imerys Filtration Minerals, 2K Technologies, Anglitemp, and HIL Limited.

Author Name : Ojaswita Kutepatil