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Showing posts from July, 2016

Electrical & Electronics Sector Continues to Dominate the Global LCPs Consumption to Drive Demand to Reach 64k MTs by 2022

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Industry Experts has added yet another market report to its High Performance Plastics’ series, Liquid Crystal Polymers. The new report ‘ Liquid Crystal Polymers – A Global Market Overview ’ reveals that the Electrical & Electronics sector dominated the global market for LCPs, which is estimated at US$525.8 million (84.2% share) in 2015, is forecast to be US$548.5 million in 2016 and is projected to reach US$750.7 million by 2022 to reflect the fastest CAGR of 5.4% between 2016 and 2022, attributed the E&E sector growth in Asian region. Liquid Crystal Polymer (LCP), a high performance engineering plastic, is partially crystalline aromatic polyester based on p-hydroxybenzoic acid (HBA) and other related monomers. The chemical structure and morphology of LCPs is vastly different compared to conventional polyester polymers, due to which there are considerable differences between the two not only in physical and mechanical properties, but also in processability. LCPs have outstan

Growing Demand from Auto OEM to Lead Global Industrial Coatings Market Growth with 5.7% CAGR, to Reach 25 Billion Ltr by 2022

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Industry Experts unveiled a new market research report ‘ Industrial Coatings– A Global Market Overview ’. The new report reveals that, globally, volume consumption of General Industrial Coatings is the largest product segment, expected to maintain a CAGR of 5.7% between 2016 and 2022 and reach a projected 5.4 billion liters by 2022 from a forecast 3.9 billion liters in 2016. In terms of growth, however, the global volume market for Auto OEM Coatings is poised to post the fastest similar period compounded annual rate of 6.6% and reach a projected 3.3 billion liters by 2022, compared to a forecast 2.2 billion liters in 2016. The diversity of industrial coatings can be attributed to the extensive range of its application areas. This sector encompasses protective coatings for architectural steel, automobiles and other transportation media, oil and offshore structures and wood furniture and fixtures, just to name a few. Being primarily utilized for protecting substrates against attacks b