Global Specialty Zeolites Market: Accelerated Construction and Infrastructure Initiatives; High Demand in Paints and Coatings to Provide Impetus, says TMR
Read Report Overview @
The TMR report predicts that the worldwide specialty zeolites will reach US$53.4 mn in terms of market revenue, by 2024. Between the forecast duration of 2016 to 2024, the market is foretold to exhibit a steady CAGR of 3.2%, while the market was evaluated to stand at US41.3 mn in 2016. Geographically, Asia is likely to emerge as the fastest growing region in the global market over the forecast period, on account of the rising urbanization and government initiatives to improve infrastructure.
Elevated Demand of Coatings and Paints to Raise Segment Popularity
Based on end use, the worldwide specialty zeolites market was dominated by the segment of paints and coatings in 2015, trailed by the construction materials and plastics segment. The coating and paints business has seen a surge in the utilization of specialized zeolites as of late, because of the usage of stringent government controls committed to taking out unpredictable mixes in paints and coatings. Specialty zeolites can be utilized to make lower density blocks for ornamental and construction purposes. The usage of energy-efficient materials in construction has witnessed growth in the recent years. These specialty zeolites are set to offer considerable chances of growth and development of new development materials. Moreover, they are utilized in developing efficient and low density concrete.
Geographically, Europe is prognosticated to hold the highest market share revenue, owing to its dominance over the previous years. Asia Pacific is expected to witness accelerated growth in the market. The region owes its increment to the considerable advances in infrastructure in the burgeoning economies of China and India.
Market to Witness Opportunities on Account of Increasing Construction Activities
The international specialty zeolites market is prognosticated to witness high potential of opportunities due to rising activities of infrastructure development and commercial construction developing regions. The surge in construction over various parts of the world over is contributing towards business development, exceptionally in emerging economies. The demand of specialty zeolites worldwide will uplift due to infrastructural advances alongside consent for Foreign Direct Investment (FDI) in the construction industry, which will emphatically support the product demand over non-residential as well as residential projects by virtue of efficient government regulations, policies, duties and taxes levied.
Request to view Sample Report:
The significant application of the specialty zeolites market revenue are coatings and paints, construction materials and personal grooming industry. It is utilized to make development materials that fulfill prerequisites of green structures and energy efficient buildings. Moreover, specialty zeolites are utilized as a part of efficient and light-weight concrete utilized in construction. The rising number of government activities towards initiating green infrastructure is expected to further aid the market, in this way boosting the specialty zeolites market advance by 2024.
The data and information presented in this review is based on a TMR report, title, “Specialty Zeolites Market (End User - Plastics, Paints and Coatings, Construction Materials, and Personal Care) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Specialty Zeolites Market: Accelerated Construction and Infrastructure Initiatives; High Demand in Paints and Coatings to Provide Impetus, says TMR here
News-ID: 1048116 • Views: 392
More Releases from Transparency Market Research Reports Analysis
Polysilicon Market Outlook, Competitive Landscape and Forecasts to 2025
Silicon is the second most abundant element found on the Earth. Polysilicon is a pure, stable, and crystalline form of silicon. It also called polycrystalline silicone and poly-Si. It offers properties similar to semiconductors. Polysilicon is employed in solar photovoltaic cells (PV) and electronics industries. It differs from monocrystalline silicon and amorphous silicon in terms of silicon structure. Monocrystalline polysilicon is used in microelectronic devices and is more efficient than
Photonics Sensor Market - Global Industry Analysis 2019
Photonic sensing technology integratestransmission,emission,amplification, deflection and detection of light by optical lasers, instruments and other light sources. It provides cheaper, smaller, faster and lighter components and devices with superior functionality and less energy consumption.Photonics started with the development of the laser and optical fibre for transmission of light beams Photonic sensors have been used in various industrial and laboratories for detecting physical, chemical and biological parameter.Photonic sensors is defined as
Concrete Block and Brick Manufacturing Market Report – key Players, Industry O …
The presence of several native companies and established players who operate globally has rendered the vendor landscape in the global concrete block and brick manufacturing market extremely fragmented. As per a new study by Transparency Market Research (TMR), India alone has nearly 100,000 brick kilns, which is indicative of the intense competition prevailing in the market. “As local companies etch diverse strategies to strengthen their hold, large companies are focusing
Excimer Laser Market: Industry Analysis And Detailed Profiles Of Top Industry Pl …
An excimer laser, also known as exciplex laser, is one of the form of ultraviolet laser which is has major applications in the production of microelectronic equipment and devices, eye surgery, semiconductor based integrated chips or circuits and micromachining. An excimer laser primarily consists of reactive gas, for instance chlorine or fluorine along with noble gas, for example, krypton, argon, xenon. The excimer laser market has been segmented into by
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the