Thursday, 16 August 2018

Global Dyestuff for Cotton Market is expected to reach US$ 3.66 Billion By 2025

The Global Dyestuff for Cotton Market was valued at US$ 2.21 billion in 2016, according to a new report published by Coherent Market Insights. Dyes are aromatic and ionizing compounds, with affinity towards the substrate it is applied to. This can be categorized into natural and synthetic dyes. Synthetic dyes use various color modifiers such as methyl and ethyl group in order to alter the color of the dyes, which finds wide applications in various end use industries such as textile (non-woven), healthcare and personal care. The increasing demand for dyestuff from textile (non-woven) is rapidly growing in the Asia Pacific region, as China and India are major exporters of textile products. This is mainly attributed to major cotton production and cheap labor costs in the region. However, due to increasing labor cost in India and China is influencing manufacturers to pursue favorable growth avenue in countries such as Bangladesh, Nepal, and Vietnam. Dyestuff are widely used in coloring various garments, this in turn creates a favorable growth environment for the dyestuff for cotton market. For instance, in 2016, Huntsman International LLC. Collaborated with Viyellatex Group, Bangladesh-based vertically integrated group of textile manufacturing companies. In this collaboration, Huntsman International LLC will provide support for streamline operations and optimize processes, train technical staff, and make recommendations to help improve yield and productivity.
Petroleum and its derivatives are the primary feedstock used in the manufacture of dyestuff. Fluctuation of raw materials prices and stringent government regulations in various countries in the use of petroleum derivatives is expected to hinder the market growth during the forecast period. As per the current situation India is expected to be the most favorable region for dyestuff for cotton market due to favorable government policy coupled with rising economy and growing textile industry, the country is expected to witness a significant growth for the global dyestuff market during 2017-2025. For instance, according to India Brand Equity Foundation (IBEF)—a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian textiles industry, in 2016, was estimated at around US$ 108 billion, is expected to reach US$ 223 billion by 2021.
Key takeaways of the market:
North America is projected to be the largest region in global dyestuff for cotton market. It accounted for around 33.10% of overall dyestuff for cotton market revenue in 2016. The market in this region is expected to be primarily driven by rampant growth of pharmaceuticals and personal care industry. The growing trend for online retail chain positively shapes the apparel and textile industry, as advancing economy and rising income, people have less time for outdoor shopping. Currently the market for online luxury fashion sales is dominated by U.S., Germany and U.K.
The market in Latin America is expected to register a significant growth rate over the forecast period. Rise in textiles industry across the region is expected to create lucrative growth opportunities for the players in this region.
Personal care industry is one of the key industries for the use of dyestuff for cotton. A strong cosmetics product sales in North America and Europe is expected to enhance the growth of dyestuff for cotton in the forecast period. The various types of dyestuffs that are used in cosmetics is particularly limited, because they must be registered on positive regulatory lists.
Clariant AG, Kemira, Huntsman Corporation, Sumitomo Chemical Company Ltd., Rockwood Pigments Inc., Arkema SA, BASF SE, DuPont, Lanxess AG and Kiri Industries Ltd are few of the key players in global dyestuff for cotton market.
There are various organic, and inorganic growth strategies which are being followed by the leading market players in the market. Technological advancement is leading to the key innovation in the new product launches. Companies are also investing in expansions, mergers & acquisitions, and joint ventures in the market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com


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Powder Coatings Market- Insights, Opportunity Analysis, and Industry Forecast till 2025

Powder coatings are in high demand primarily due to its eco-friendly features as very less amount of volatile organic compounds (VOCs) are found in powder coatings and low wastage during production and consumption. Equipment development is a major contributing factor towards opening up various application areas for powder coatings. In case of wet surface treatment there are some newly developed chrome free equipment processes based on zirconium, titanium and silane compounds. This newly developed systems allow the toxic products to get substituted. These techniques also offer simultaneous degreasing and pickling, which significantly reduces processing time. Technological advancements in the field of UV and IR curing facilities is estimated to fuel production speed of powder coating systems. UV and IR curing solutions are used in the powder coatings industry as they enable rapid curing of the coating to a solid state.
Introduction of fine-tuned products designed for specific applications and penetrating new markets through geographical expansion are key trends observed in powder coatings market. In November 2016, Axalta (supplier of powder and liquid coatings) introduced a semi-matte coatings solution called BK08 20 Gloss. This new powder offers increased durability and enhanced weather resistance capabilities. In November 2016, Axalta announced plans to set up a new production plant for powder coatings in Landshut, Germany, in order to cater to its large customer base in Europe.
The global powder coatings market size is estimated at US$ 9,130.4 million (revenue) and 2,314.6 kilo tons (volume) in 2016 and is expected to expand at a CAGR of 6.2% in terms of revenue and 6.9% in terms of volume during the period 2017 – 2025.
Automotive has emerged as the fastest growing application area for powder coatings
Automotive segment is expected to dominate the powder coatings market over the forecast period and is expected to expand at a CAGR of over 6% in terms of volume as well as revenue. According to a study conducted by Coherent Market Insights, the global automotive market is projected to reach over 82 million units by the end of the calendar year 2017. This rapid growth of automotive industry is expected to boost the growth percentile of automotive application segment in case of global powder coatings market.
Factors such as growing population, increasing disposable income, rampant growth of the automotive industry, in turn is expected to boost growth of the powder coatings market throughout the forecast period.
Growing furniture industry to boost the market growth
Asia Pacific, followed by Europe and North America accounted for major share in the global powder coatings market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Asia Pacific held a share of 46.9% in terms of volume, followed by Europe (27.6%). The growing demand for furniture in Asia Pacific due to growing population, increased urbanization and growing retail and hospitality sector is expected to drive growth of the global powder coatings market over the forecast period. According to a study conducted by Coherent Market Insights, the global furniture market is expected to witness a CAGR of 5.2% from 2017 to 2025 which is expected to fuel the global powder coatings market.
Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion
Product portfolio expansion and geographical expansion are the key market trends which are expected to shape the industry in the near future.
Major players in the global powder coatings market include Axalta Coating Systems, AkzoNobel N.V., Asia Paints Limited, PPG Industries Inc., Somar Corporation and Beger Paints India Limited among others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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Sunday, 12 August 2018

Ski Gear & Equipment Market - Size, Share, Trends, and Forecast to 2026

Ski gear & equipment such as skis, helmets, boots, and poles among others, are used in skiing winter sports to glide through snow. Cambered ski was developed in Norway, used by farmers or hunters and has been transformed into a sporting activity, ever since. Increasing investment in ski infrastructure for the development of skiing is one of the factors driving growth of the ski gear & equipment market.
For instance, in January 2018, Les 3 Valless, the ongoing expansion and improvement in the ski resort infrastructure includes lifts, which encourage skiers to enjoy more of the existing marked ski run in the network.
Among product types, the helmet segment is expected to account for a significant market share over the forecast period. This is majorly attributed to the increasing use of helmet in skiing, as it helps protect or reduce head injuries from collisions or falls. According to U.S. Consumer Product Safety Commission, the use of helmet by snowboarders or skiers can prevent around 44% of head injuries to adults and 53% in case of children below 15 years of age.
Among applications, the alpine skiing or downhill segment is expected to account for a significant revenue share over the forecast period due to increasing number of alpine skiers compared to others. According to Snowsport Industries America (SIA), the total percentage of alpine skiers was 26.5%, whereas that of cross-country skiers was 10.6% in 2013.

Among distribution channels, the supermarket segment held a significant share in the global ski gear & equipment market in 2016. The supermarket distribution channel is expected to grow, owing to various discount offered by these channels. For instance, in November 2016, Aldi, high street supermarket, launched discounted ski gear lessons and range of ski gear & equipment at the CairGorm mountain and became first supermarket to offer ski gear lessons.
Asia Pacific holds the fastest-growing market for ski gear & equipment owing to increasing government initiatives to encourage ski participation. For instance, in August 2017, skiing initiative “Get Into Snow Sports (GISS)” was launched in China as a part of Winter Olympics build-up by International Ski Federation (FIS) Academy to promote and develop the sport globally and to create new ski culture in China.
North America is expected to hold the dominant market for ski gear & equipment and accounted for a market share of 25.9% in 2017. This growth is primarily driven by increasing skier visits in the region. According to the Destination British Columbia, North America combined with South America, both regions accounted for 22% of skier visits and in the U.S., 57 million skier visits are recorded annually, accounted for 15% of the global total during 2011-2012.
Furthermore, various players are focused on launching new products to expand their product portfolio, which in turn propelling the growth of ski gear & equipment market. For instance, in March 2018, Backcountry, online retail company, launched gearhead certified product that includes Backcountry touring collection which is a set of products specific to split boarding and ski touring.
The ski gear & equipment market was valued at US$ 1,199.9 million in 2017 and is expected to expand at a CAGR of 2.9%, in terms of revenue over the forecast period (2018 – 2025).
Major Players in the Global Ski Gear & Equipment Market
Some of the key players operating in the global ski gear & equipment market are Amer Sports Oyj, Fischer Beteiligungsverwaltungs Gmbh, Black Diamond Equipment, Ltd., Skis Rossignol S.A., The Burton Corporation, Coalition Snow, Helly Hansen, and Volcom LLC.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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Friday, 10 August 2018

Frankincense Extracts Market Growth and Industry Demand 2018-2025

Frankincense, also known as olibanum, is obtained from the trees of genus boswellia belonging to the Burseraceae family, which is widely used in perfumes and incense. These trees produce resins and are native to northern Somalia, South Yemen, Ethiopia, and Oman. Frankincense extracts is majorly produced in Ethiopia and Somalia which is propelling the growth of frankincense extracts market in Africa. Frankincense extract increases the effects herbs and supplements. Frankincense extracts are good for healthy skin and digestion. It also has medical properties and is used for treating arthritis and various chronic inflammatory diseases such as asthma, allergies, and inflammatory bowel disease. Such applications in turn, are expected to fuel growth of the frankincense extracts market over the forecast period.
Among product types, the pharmaceutical grade segment is expected to account for the largest market share over the forecast period. This is majorly attributed to the large medicinal applications of frankincense extract, owing to its antioxidant, astringent, cytophylactic, and disinfectant properties. Among applications, the skin care segment is expected to account for a significant revenue share over the forecast period due to increasing consumer preference towards maintaining aesthetic appeal. Additionally, increasing prevalence of skin-related problems such as acne and eczema, owing to use of synthetic beauty products is in turn, propelling growth of the frankincense market. According to Centers for Disease Control and Prevention (CDC), eczema and skin problems in the U.S. was 7.2% in 2012, which increased to 11.6% in 2014.
Frankincense may cause gastrointestinal distress such as stomach pain, nausea, and hyperacidity. This in turn, poses as a major factor hampering growth of the frankincense extracts market.
Asia Pacific holds the fastest-growing market for frankincense extracts owing to growing pharmaceutical industry. According to Indian Brand Equity Foundation (IBEF), pharmaceutical industry is the third-largest industry in India in terms of volume and accounted for 20% of the global pharmaceutical industry in 2017. The pharmaceutical market is expected to increase to US$ 55 billion by 2020. Also, the government is involved in various initiatives to promote the pharmaceutical sector in India. For instance, the Department of Biotechnology received US$ 333.3 million in the Union Budget 2017-18, to implement the department’s national biotech strategy. Furthermore, in India, 30.8 tons and 49.3 tons of frankincense were exported and imported respectively during 2014-15.
Europe is expected to hold the dominant market for frankincense extracts, in terms of revenue, over the forecast period. This growth is primarily driven by increasing demand for aromatherapy, as it is used to relieve stress and anxiety. According to Centre for the Promotion of Imports (CBI), an agency of the Netherlands Ministry of Foreign Affairs, Europe is the largest market for essential oils and one of the key markets for aromatherapy. The aromatherapy market is expected to reach US$ 8 billion by 2026 globally. Furthermore, various players are focused on launching new products to expand their product portfolio. For instance, in May 2017, Neal’s Yard Remedies Ltd., launched Frankincense Intense Lift Serum, to help people reduce stress by promoting a sense of relaxation and wellbeing through the aromatic benefits of frankincense oil and frankincense resin extracts.
In India, the frankincense export was valued at US$ 158.6 thousand and import was valued at US$ 167.7 thousand during 2014-15.
Some of the key players operating in the global frankincense extracts market are De Monchy Aromatics Limited, AOS Products Private Limited, TriVita, Inc., Edens Garden Inc., Prime Natural Beauty, and Phyto Life Sciences P. Ltd.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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Thursday, 9 August 2018

Catamarans Market - Global Industry Insights, and Forecast till 2025

Catamarans are multi-hulled boats and are considered as luxury cruising yachts. Catamarans were used for racing or sports purposes, however, over the past few years, these have been manufactured for cruising as well. Along with sports and cruising, catamarans are also used for various other applications such as passenger transport and military operations. Catamarans offer multiple advantages such as enhanced stability, speed, and maneuverability over other marine alternatives such as boats, yachts, and monohulls. This has led to high adoption of catamarans for various applications including sports and recreational purposes. The average speed of catamarans is 300 nautical miles (560 km) per day, which can be as much as 400 nautical miles for sporting events.
Catamarans provide ample space, improved stability, due to support from two hulls, high speed, level sailing due to lack of heeling, and safety. This are among the major benefits that has in turn, led to growth of the market over the forecast period (2018–2023).
Increasing applications and advantages offered by catamarans and increasing advancements in technology in catamarans is fuelling growth of the market during forecast period
Technological advancements in cruises such as enhanced speed and safety features coupled with increased stability have led to increased adoption of catamarans for various application. It is increasingly being used for luxury and leisure application, however, it is also gaining popularity in military operations and transportation as well. Advancements in terms of reliability and enhanced speed and stability such as powerful engines and durable body of the hulls has aided catamarans to scale large distance in shorter time periods and offer enhanced comfort and safety. The racing events are gaining traction and are demanding advanced features in catamarans for enhanced speed and durability along with space and luxury features.
Catamaran or multihulls are popular for cruising, relaxing, and has features to provide maximum comfort, see over cabin tops, wide space, and bridge deck clearance and several other performance based advantages in relation to power and speed catamaran. Cruising catamarans such as Cat 38 offered by Maine Cat Catamaran, Saona 47 offered by Fountaine Pajot, and HH-55 offered by HH catamarans are all high performance, comfortable, and easy-to-handle cruising catamarans. Also, events such as World Cruising Events organized by Atlantic Rally, is also another factor expected to aid in growth of the market over the forecast period.
Catamarans offer enhanced speed, however, reduces load per unit of cost. Along with speed, catamarans draw much less water than monohulls, which is as less as 3 feet. This allows avoidance of shoals and ease beaching the boat to work on the bottom. However, the added beam of a catamaran may cause problems for docking or hauling out by a boatyard. Moreover, catamarans have added expense for having two engines and two rudders, which is are factors negatively affecting growth of the market. Catamaran are especially popular for sports in North America, Europe, and certain parts of Asia Pacific region such as Australia. A variety of sailing catamarans and foiling catamarans have been used in Olympic sailing competitions.
North America was the dominant region in the global catamaran market, and is expected to retain its dominance over the forecast period. According to Coherent Market Insights’ analysis, North America is expected to exhibit a CAGR of 4.2% to reach US$ 557.8 Mn by 2023 from US$ 417.4 million in 2016.
Key players in the market are focusing on launching new products, in order to enhance its market share. For instance, Aquila 36 is an outboard powered sport catamaran offered by Multihull Central, which was launched in 2017.
Some of the key players in the global catamaran market include Sunreef Yachts, Spirited Designs, Lagoon Catamaran, Fountaine Pajot, Matrix Yachts, Voyage Yachts, TomCat Boats, Robertson and Caine, and Gemini Catamarans.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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Wednesday, 8 August 2018

Seismic Survey Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2018-2026

Seismic survey is a method used to investigate geological properties of earth and is majorly used to explore natural gas, petroleum, and mineral deposits. Data acquisition, processing, and interpretation are the three phases of seismic survey. This technique determines the time interval between the initiation of waves at a shot point and the arrival of reflected or refracted waves by the seismic detectors. Various techniques including air guns, dynamite blast, and seismic vibrator among others are used for initiation of seismic waves. The amplitude and time are recorded on arrival of these waves at the detector. The time taken by wave to return to the surface gives several information such as types of rocks, possible fluids, and gases in the formation, providing a detailed image of the subsurface and the location of oil and gas reserves.
Market Dynamics
Increasing demand for oil and gas is a major driving factor for growth of the global seismic survey.  According to the U.S. Energy Information Administration, fossil fuels is estimated to account for 77% of the global energy use by 2040. Advantages of seismic survey such as reduction of probability of drilling dry wells thereby, preventing further drilling and minimizing environmental effects of oil and gas exploration is propelling growth of global seismic survey market. Advancements in technology in seismic survey is expected to fuel growth of the global seismic survey market over the forecast period (2018–2025). For instance, in April 2017, Explor Geophysical Ltd. launched PinPoint seismic technology that enables ultra-high density seismic imaging of oil sands targets. Furthermore, in August 2016, CGG launched TopSeis, offshore seismic technology.
Government regulations on seismic survey such as 2013 European Union regulations 2013 SI 134 that assess the environmental impact of petroleum exploration is a major factor restraining growth of the global seismic survey market.
Market Trends
3D seismic survey was the dominant technology segment in 2017, owing to its advantages such as continuous and clear images of subsurface stratigraphic features and good lateral resolution. 3D seismic survey technology finds applications in reservoir characterization and monitoring reservoir fluid movements.  According to Petroleum Geo-Services, the 3D seismic survey demand in 2006 increased up to 120% by the fourth-quarter of 2012 calculated by square km.
Market Outlook
North America was the dominant region in the global seismic survey market in 2017. Shale explorations along with offshore shallow water and deep water exploration has increased in this region in the recent past, leading to high demand for seismic survey. For instance, in January 2018, TGS announced commencement of three new 3D seismic projects in the basins of West Hackberry, Sanderson, and Dawson in North America.
Seismic survey market in Europe is witnessing a significant growth, owing to increasing exploration activities to cater to the high energy demand. According to European Commission, 72.5% of all energy was produced from fossil fuel, including crude oil and natural gas in the EU-28 in 2015.
Asia Pacific seismic survey market is expected to exhibit high growth over the forecast period. According to the Australian Bureau of Statistics, Mineral and Petroleum Exploration, total mineral exploration expenditure increased by 6.1% to US$ 201.28 million in December 2016 from previous year in Australia. This growth in expenditure is in turn driving growth of seismic survey market in Asia Pacific. Furthermore, increasing demand for oil and gas is leading to high utilization of seismic survey, which in turn is fuelling growth of seismic survey market. According to International Energy Agency, gas demand is expected to increase by 1.6% globally, from 2017 to 2022, with China contributing 40% to this growth. Also, consumption in China is expected to increase to 340 billion cubic meters by 2022.
Middle East and Africa are lucrative markets for seismic survey, due to increasing oil and gas exploration and production activities in these regions. According to the World Energy Council, the natural gas reserves in Middle East was  80,040.9 billion cubic meters in 2015. Also, the oil demand in this region is estimated to grow by 1.4% between 2014 and 2020. This will augment demand for seismic survey in this region. Furthermore, increasing mineral and oil & gas exploration activities in Africa is fuelling growth of the seismic survey market. For instance, in April 2017, Shearwater GeoServices announced that it would conduct 3D marine acquisition survey in offshore North Africa; and SeaBird Exploration announced 2D seismic survey in offshore West Africa.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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Tuesday, 7 August 2018

NVH Materials Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2025

Noise, Vibration, and Harness (NVH) materials are specifically used to reduce noise and vibration of vehicles. NVH materials are used within the interiors of the vehicle to reduce noise and vibrations experienced due to occupants in the cabin, while it is also use on the exterior to reduce the noise and vibrations by the vehicle. The key sources of noise from a vehicle include engine, driveline, tires, brakes, and wind. Vibrations are usually experienced at the steering vehicle, seats, armrests, pedals, floor, and doors. NVH materials are acoustic devices which are generally classified as sound absorbing materials, sound barrier materials, and sound damping materials. Sound absorbing materials are porous polyurethane foam and their sound attenuating properties are determined by the normal specific sound absorbing coefficient.
The sound barrier materials are non-porous and heavy, and usually used to barrier the transition. The sound damping materials are used to dampen the structural vibrations at the resonance structure to which these materials are attached. These materials are converted into products and then applied throughout the vehicle body.
Prevalent Scenario in NVH Materials Market
Rapidly increasing population, fast growing urbanization, and increasing demand for cars are the major drivers for the NVH materials market. According to the International Organization of Motor Vehicle Manufacturers, the global automotive production in 2016 accounted for 94.9 million units of which about 75% share was contributed by cars. Moreover, there are increasing warranty claims imposed by regulatory authorities in the interest of the customers against the noise, vibration, and harness. This has led the automotive manufacturers to aggressively invest in research and development to develop and incorporate NVH materials in the automotive environment. The consumers are focusing on the vehicle performance in terms of speed, horsepower, fuel economy, comfort, and NVH characteristics which affect their buying decision. Owing to their lightweight and flexibility, the foam laminates are widely used as insulation materials for floor insulation, door insulation, floor lining, and cushioning of vehicles. Rubber has higher strength, flexibility, density, and chemical stability as compared to foam and hence is excessively used in sealing and lining solutions. The changing regulations and standards imposed by international and local authorities regarding the specific vehicle weights in different part of the world have anticipated the growth of the light weight and acoustic products such as NVH materials to reduce the noise, vibration, and harness of the vehicle and reduce the overall vehicle weight, increase vehicle durability, and enhance its fuel efficiency.
Emerging economies such as China and India are experiencing immense growth in the automobile sector due to rapidly increasing population and rising living standards in these countries. Moreover, abundant availability of raw materials and cheap labor in these countries have led to the key global manufacturers to set up their operation units and cater to the increasing demand for automobile in these countries. This scenario has fueled the growth of the NVH materials in the Asia-Pacific region as compared to North America and Europe.
Fragmented Market
The global NVH materials market is highly fragmented due to the presence of many established and local players across the world. Major players involved in the market include BASF SE, The DOW Chemical Company, Exxonmobil Corporation, 3M Company, Mitsui Chemicals, Inc., Sumitomo Riko Company Limited, Covestro AG, Celanese Corporation, Huntsman Corporation, Lanxess AG, and Borgers AG.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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