Lacquer Market : Demand to Reach 7 Million Tons in 2018 || Key Players: Cloverdale Paint, Consorcio Comex, Carpoly Chemical, Berkshire Hathaway

Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake. The long-term outlook on lacquer market remains bullish, with novel applications in cosmetics likely to complement demand, finds a new research study by Fact.MR.

Get Free Sample Report Here:

https://www.factmr.com/connectus/sample?flag=S&rep_id=799

Table of Content

Executive Summary
1.1. Summarizing Key Findings

1.2. Wheel of Fortune

1.3. Opportunity Assessment

1.4. Mega Trends

 

Global Lacquer Market Introduction
 

Global Lacquer Industry Overview
3.1. Global Lacquer Market Value (US$ Mn) and Volume (Tonnes) Forecast and Analysis

3.2. Forecast Factors and Relevance of Impact

3.3. Supply Chain Analysis and Operating Margins

3.4. Market Dynamics

3.5. PEST Analysis

3.6. Pricing Analysis by Region

3.7. Opportunity Analysis

3.8. Investment Feasibility Analysis

3.9. Market Players Competition Matrix

3.10. Key Players Market Presence (Intensity Map) by Regions

To be continue…….

Browse Full report with TOC:

https://www.factmr.com/report/799/lacquer-market

Market Segmentation The report on lacquer market has been segmented in depth to gain intelligence on the entire market scenario. Present situation and forecasts on every segment is covered in the successive chapters in the report. The lacquer market has been segmented on the basis of product type, formulation type, application, distribution channel, end use industry and region.

End-users continue to show a marked preference for solvent-based lacquers, owing to their performance advantages over water-based lacquers, however, concerns over VOC emissions, and stringency in regulations are driving the demand water-based lacquers. Solvent-based lacquers are likely to account for nearly 70% volume share throughout the assessment period, and grow at a higher rate vis-à-vis water-based variants. However, the lower growth doesn’t undermine the fact that interest in water-based solvents is gaining ground, as compliance advising costs and evolving preference fuel demand.

Asia Pacific excluding Japan (APEJ) is the largest market for lacquers, followed by Europe and North America. Many countries in APEJ have remained traditional manufacturing hubs, and demand for lacquers, varnished, and coatings has remained robust in the region. In addition to being a major consumer of lacquers, the region has also been a prominent exporter to North America and Europe. However, the report finds that increasing stringency in regulations, combined with increasing labor costs in emerging countries has led to a steady decline in exports in the recent past. End-user demand for high-quality, water-based solvents has also led Asian manufacturers to change their suite of offerings.

Automotive sales have been healthy in the US, China, and India, with a rapidly emerging middle class demographic ramping up demand. The fortunes of the lacquer market are directly linked to the broader developments in the automotive industry, and it is highly likely that steadiness in the automotive sector will create sustained growth opportunities for manufacturers.

Have Any Query?? Ask Our Industry Expert:

https://www.factmr.com/connectus/sample?flag=AE&rep_id=799

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

Read Full PR Here:

https://www.factmr.com/media-release/497/lacquer-market

This release was published on openPR.