Chemical & Materials
Global LED Street Light Market to Grow At A Balanced Pace, Driven By Innovations in Efficient Street Light Technologies
Street light refers to a type of light used to illuminate roadways and highways in order to ensure a safer and convenient driving route. There are various types of street lightings such as fluorescent light, incandescent light, mercury vapour light, solar light, metal halide light, light-emitting diode (LED), induction light and high pressure sodium light. Among the different types, LED street lights are currently switching the old street light technology at a swift pace. According to research analysts at IMARC Group, the global LED street light market has seen a healthy growth over the past several years and is expected to witness a balanced growth in the near future as well.
Advantages over traditional counterparts
LED street lights have a number of advantages over their traditional counterparts.
- They use around 40-80% less electricity and are around seven times more energy efficient than incandescent lamps and twice as efficient as fluorescent lamps.
- They have at least 5 times more life expectancy than regular high pressure sodium lamps.
- They are recyclable, shock and vibration resistant, operate at lower temperatures, contain no harmful substances and are unaffected by on-off cycling.
- These lights do not require any special handling and waste management procedures which leads to reduced replacement costs.
They are directional, give a little or no hot spot and their light output is much more even as compared to other types of street lights.
Figure 1: High pressure sodium (HPS) light Vs LED street lights
Growing urbanisation and infrastructural developments driving the market
LED street lights find applications in both the residential as well as the commercial sectors. They are extensively used in residential street lighting, housing complexes and warehouses, railway crossings, industrial parks, commercial districts, tunnels and bridges and rural intersections.
Growing urbanisation rates, infrastructural developments, falling LED prices and various projects by governments to reduce carbon emissions are some of the major factors that are currently bolstering the growth of the global LED street light market. Moreover, manufacturers are focussing on product up-gradations, innovations in designs and introduction of environmental-friendly products are also contributing towards the growth of the global market for LED street lights.
Popular shapes, sizes and design materials
Currently, LED street lights are popularly available in various shapes and sizes. Some of the most preferred shapes include LED Street Light (Solar), LED Street Light (Eco), LED Street Light (Lens) and LED Street Light (Cygnus).
These lights cause no heat build- up and comes in many attractive designs. Some of the design material alternatives include Aluminium die cast frame, Aluminium die cast frame with metallic silver/grey finish, Aluminium die cast frame with UV treated coating, Nylon plastic material frame and Plastic lens or tempered glass lens.
China represents the largest market
On a geographical front, the global LED based lighting products market has a presence in many countries across the globe. Currently, China represents the leading market for LED based lighting products and accounts for nearly one-fifth of the global LED market. China is followed by Europe, North America, Asia-Pacific, Japan, the Middle East & Africa and Latin America.
Some of the major players operating in this market include Nichia, Osram, Samsung Electronics, Everlight Electronics, LG Innotek, Epistar, Seoul Semiconductor, Cree, Lumileds and Mulinsen.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the LED street light industry, which has enabled the clients to successfully setup and expand their businesses. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development
For more information on the LED street light industry, please visit: http://www.imarcgroup.com/led-street-light-manufacturing-plant
Global Samarium Cobalt Magnets Market to be driven by Increasing Defence Spending
Samarium cobalt magnets are used for certain niche applications, particularly in the defence and aerospace sectors. Other uses are in sensors, computer hard drives, AC servo-motors, actuators, bias magnets, watches, printers, automobiles, ultrasonic transducers, traveling wave tubes, high performance motors, etc.
A recently released report by IMARC Group titled “Samarium Cobalt Magnets Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” extensively discusses the global samarium cobalt magnets market. Developed in the early 1970’s and 80’s, Samarium Cobalt (SmCo) magnets are a kind of rare earth magnets which are made up of samarium, cobalt and iron. They are quite strong and brittle in nature and are well-known for a number of properties. They have high magnetic strength and strong resistance to corrosion. They also have excellent thermal stability and can withstand high operating temperatures. Samarium Cobalt magnets can, however, be more susceptible to chipping and cracking, so they need to be stored in low humidity, mild temperatures and also require proper handling and packing. Owing to all these properties, samarium cobalt magnets are used for certain niche applications, particularly in the defence and aerospace sectors. Other uses are in sensors, computer hard drives, AC servo-motors, actuators, bias magnets, watches, printers, aerospace, defence, automobiles, ultrasonic transducers, traveling wave tubes, high performance motors, etc. IMARC estimates suggest that the global samarium cobalt magnets market is expected to grow at a CAGR of 2.4% during 2016-2021 reaching a volume of 4,273 Tons by 2021. The report finds that increasing defence spending will prove to be the biggest factor driving the demand for these magnets in the coming years.
Browse full report at: http://www.imarcgroup.com/prefeasibility-report-samarium-cobalt-magnet-manufacturing-plant
The report has segmented the market on the basis of major regions. At present, China represents both the largest producer as well as the largest consumer of SmCo magnets accounting for the majority of the total global consumption. One of the key factors making China the biggest producer of these magnets is the fact that it has a monopoly over the raw materials that are used to produce them. As a result, many dependent industries have set up their plants in China so as to have a cost advantage. Other major producers include the United States and Europe.
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Global Cross Laminated Timber Market Exhibiting a Double-Digit Growth Rate, Driven by Exceptional Properties and Environmental Advantages
Cross-Laminated Timber or CLT is an engineering material introduced in the early 1990s in Austria and Germany. It is made by layering timber panels cross-wise and glueing them together in order to provide them with strength, rigidity and dimensional stability. It is prefabricated as per the requirements of the customer which helps with faster installation and zero on-site waste. The various structural and dimensional properties of cross-laminated timber make it suitable for making roofs, walls and floors of low-, mid- and high-rise buildings. Cross-laminated timber has become one of the most preferred building materials, particularly in the Central European region where it finds applications in both residential and non-residential sectors.
According to IMARC Group, the global production of cross-laminated timber reached 725,000 cubic metres in 2015, growing at a CAGR of more than 17% during 2008-2015. The popularity of cross-laminated timber products can be attributed to the green building movement operating in the European countries, product approvals, and improved marketing and distribution channels. Moreover, its sustainability, ease of use, flexibility, fast installation and environment-friendly attributes are expected to drive the global cross-laminated timber market with the production volume reaching around 1.3 Million cubic metres by 2021, exhibiting a CAGR of more than 10% during 2015-2021.
Browse full report @ http://www.imarcgroup.com/cross-laminated-timber-manufacturing-plant
Superior Attributes and Environmental Advantages of Cross-Laminated Timber Increasing Its Popularity
Cross-laminated timber provides various structural and dimensional advantages over heavy timber and other conventional construction materials such as concrete, masonry and steel. The cross-lamination of wood panels provides dimensional stability, high strength and stiffness to the final product. It can also be drilled like other wood products and weighs 2.5 times lighter than concrete while providing the same strength. The prefabrication of the panels helps in easy handling and quick assembly and installation which facilitate rapid project construction.
Cross-laminated timber structures also perform well when they are subjected to seismic forces which make them a good option for construction in earthquake-prone regions. They also provide considerable fire resistance, often comparable to those of non-combustible construction material. This fire-resistance is a result of the characteristic property of thick timber to char slowly at a predictable rate, which allows it to maintain substantial structural capacity for long durations when exposed to fire. Besides good fire and seismic resistance, cross-laminated timber structures provide the natural sound and thermal insulation of wood as well.
The most important advantage that cross-laminated timber offers over other construction materials with equivalent functionality is its environment-friendly nature. It represents a sustainable building material with a smaller carbon footprint as a result of low greenhouse gas emissions and carbon storage capacity of wood products. As cross-laminated timber panels are made using mostly small diameter spruce, the manufacturing process is also environmentally responsible and energy-efficient. Therefore, the use of these panels and structures helps in reducing the carbon footprint of the area.
These exceptional attributes of the cross-laminated timber panels and assemblies along with the many environmental advantages make it a popular choice amongst designers and consumers for various types of construction worldwide.
Austria Represents the Largest Producer of Cross-Laminated Timber
Cross-laminated timber is seen as an important building material in Europe, as a result of which, the region accounts for the majority of its total global production and continues to be the fastest growing market. As it was first introduced in Austria, the country represents the largest producer of cross-laminated timber accounting for more than 60% of the total market share. Austria was followed by Germany, Italy, Switzerland, Norway and Sweden.
As Europe is the largest market of cross-laminated timber, the key manufacturers are also located in this continent. Currently, Stora Enso represents the largest producer of cross laminated timber followed by KLH and Binderholz. Some of the other major producers of cross-laminated timber include – Mayr-Melnhof Holz, Hasslacher, Martinsons and Moelven.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the cross-laminated timber industry, which has enabled the clients to successfully setup and expand their businesses. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development
For more information, please visit: http://www.imarcgroup.com/enquiry-form/
Contact Us
IMARC Group
Tel: +91-120-415-5099
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
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Global Citric Acid Market Driven by Increasing Consumption of Beverages and Convenience Foods in Emerging Markets
The food and beverages industry represents the largest consumer of citric acid where it is used in various beverages and as preservative in various food products. As a result of increasing population and improving living standards, the per capita consumption of beverages and convenience foods is also rising. Consequently, the global citric acid market is expected to grow at a CAGR of 3.1% during 2016-2021.
According to IMARC Group’s latest report, “Citric Acid Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” the global citric acid market reached a volume of around 2.2 Million Tons in 2015 exhibiting a CAGR of more than 3.2% during 2008-2015. IMARC Group expects the global production of citric acid to reach nearly 2.7 Million Tons by 2021 growing at a CAGR of 3.1%. One of the major factors driving the global demand for citric acid is its increasing usage in end-use industries. Furthermore, emerging markets such as Asia, Africa and Middle East are expected to exhibit above-average growth rates as a result of increase in population and improving living standards which will result in higher per capita consumption of beverages and convenience foods.
Browse full report: http://www.imarcgroup.com/citric-acid-manufacturing-plant
Used in a variety of industries, citric acid is one of the most important organic acids. The major end-use industries of citric acid include – food and beverage, pharmaceuticals, household cleaners, animal feed, lubricants, chelating agents, plasticizers, metal cleaners, etc. The food and beverage industry currently accounts for three-quarters of the total global consumption of citric acid. In this industry it is used in carbonated drinks as acidulant which accounts for the majority of use. In food products, it competes with phosphoric, tartaric, DL-malic, fumaric, and lactic acids and is used to enhance flavour, provide sourness and tartness, adjust pH and control the growth of micro-organisms. The household cleaners and detergents industry is the second largest consumer of citric acid where it is mainly used as a replacement for phosphates in concentrated liquid detergents as it does not contribute to the eutrophication of water systems. The third largest consumer of citric acid is the pharmaceutical and cosmetics industry. It is used in pharmaceutical products as result of its safe and nontoxic nature, pleasant acidic taste, buffering and chelating properties and high water solubility. The major applications include prescription pharmaceuticals, antacids, dentifrices, etc. In the cosmetics and toiletries segment, shampoos and conditioners account for most of the consumption.
The report has analysed and segmented the market geographically. On the basis of production, China represents the largest producer of citric acid, accounting for almost 60% of the total global production. China is followed by United States, Western Europe and others. On the basis of consumption, Europe represents the largest consumer of citric acid, followed by United States, China, Middle East and Central/Eastern Europe. On the basis of export and import trends, China is the largest exporter while Germany is the leading importer of citric acid. The report also finds that 4 of the top 5 global citric acid manufacturers are based in China with Weifang Ying Xuan being the biggest producer. Other key global players include – Jungbunzlauer, Tate and Lyle, COFCO Biochemical, Luxin Jinhe, etc.
The report gives a detailed roadmap for starting a citric acid manufacturing plant. The study, done by one of the leading research and advisory firms, covers all the requisite aspects of the global citric acid market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the citric acid market in any manner.
Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/
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Global Ceramic Tiles Market: Increasing Urbanisation and Personalisation Trends to Drive Growth
Estimates by IMARC Group suggest that the global ceramic tiles market is expected to grow at a CAGR of 5.2% during 2016-2021 reaching a volume of 17.8 Billion Sq. Metres by 2021. Some of the key factors that will catalyse growth during the forecast period include – increasing urbanisation, population growth, rising disposable incomes, growth in the real estate sector, technological advancements and increasing personalization/customization trends.
A recently published report by IMARC Group titled “Ceramic Tiles Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” critically examines the global market for ceramic tiles. Ceramic tiles refer to thin blocks made up of a mixture of clay and other materials. They are generally used for covering floors, walls, roofs, shower walls and table tops. Other than being recyclable, these tiles are durable and highly resistive to frost, water and thermal shocks. In addition, ceramic tiles can also withstand high temperatures, harsh environments and exposure to caustic or acidic chemicals. These tiles are available in various shapes, sizes, textures, colours and glazing options due to which they are increasingly being used in the residential, commercial as well as the industrial sector.
The report finds that a number of properties of ceramic tiles such as light-weight, ultra-thin, anti-slip and anti-bacterial properties have made them an impeccable choice for places where hygiene is of prime importance like hospitals, hotels, laboratories and pharmaceutical industries, etc. Ceramic tiles are also easy to install, clean and repair and serve as a good alternative for hardwood and other flooring options. Findings from the report suggest that increasing industrialization and urbanization rates have resulted in an enormous increase in construction activities especially in the emerging economies. This has created a strong demand for flooring products such as ceramic tiles. Some of the other factors that are also catalysing the global demand for ceramic tiles include population growth, rising disposable incomes, growth in the real estate sector, technological advancements and increasing personalization/customization trends. According to the report, the market is expected to grow at a CAGR of 5.2% during 2016-2021 reaching a volume of 17.8 Billion Sq. Metres by 2021.
The report has segmented the global ceramic tiles market by type, applications and major regions. Currently, the global ceramic tiles market is dominated by floor tiles which account for more than half of the total global production volumes. Floor tiles are followed by wall tiles. Based on applications, residential replacements represent the largest application sector accounting for around half of the total global consumption volumes. Residential applications are followed by commercial applications. Geographically, China represents the largest producer of ceramic tiles accounting for the majority of the total global production volumes. China is followed by Brazil, India, Spain, Indonesia, Iran, Italy, Vietnam, Turkey and Mexico. The report has also analysed the competitive landscape of the global ceramic tiles market covering their locations and production capacities. Some of the key players in this market include – Mohawk Ind, Siam Cement Group, RAK Ceramics, Lamosa, Incefra, Majopar, Rovese Group, Cecafi Ltda., Dynasty Ceramic Co. Ltd., Saudi Ceramics Company, etc.
This report provides a comprehensive analysis for setting up a ceramic tiles manufacturing plant. The study covers all the requisite aspects of the ceramic tiles market and provides an in-depth analysis of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the ceramic tiles market in any manner.
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Global Acetic Acid Market Boosted by Growing Demand of VAM and PTA in Developing Regions
Vinyl acetate monomer (VAM) and purified terephthalic acid (PTA) represent two of the most important derivatives of acetic acid. They are used as intermediates in a number of industries such as adhesives, coatings, textiles, construction, packaging, etc. Currently, as a result of increasing demand of acetic acid and its derivatives, particularly in the developing regions, the global acetic acid market has grown at a CAGR of more than 5.1% during 2008-2015.
IMARC Group’s new report “Acetic Acid Market – Industry Trends, Prices, Manufacturing Process, Applications, Raw Materials, Manufacturers, Regional Breakup and Mass Balance”, provides a comprehensive insight into the global acetic acid market including its market break-up by region, market breakup by end-uses, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acetic acid covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.
Browse full report at: http://www.imarcgroup.com/acetic-acid-technical-material-market-report
Acetic acid or ethanoic acid serves as a precursor for a number of intermediates used in various industries. One of the most important derivative of acetic acid is VAM (vinyl acetate monomer) which is used as an intermediate in the production of adhesives and sealants, paper coatings, textile finishes, photographic films, etc. Another key derivative of acetic acid is PTA (purified terephthalic acid) which is used in the construction and packaging industries. Acetic anhydride, also derived from acetic acid, is used in the conversion of cellulose to cellulose acetate, which is a main component of photographic film and other coated materials. Some other uses of acetic acid include – as a solvent for various industrial processes, a food additive, in blood testing and treating outer ear infections. Currently, as a result of the increasing industrialisation and urbanisation rates, particularly in Asia-Pacific, Middle-East and Latin America, the demand of acetic acid and its derivatives (chiefly VAM and PTA) has increased in various end-use industries. According to the report, the global acetic acid production has grown at a CAGR of more than 5.1% during 2008-2015 reaching a volume of more than 14 Million Tons in 2015.
The report has analysed the global acetic acid market on the basis of end-use. The largest and one of the most rapidly growing end use sector is vinyl acetate monomer (VAM) manufacturing industry which accounts for around a third of the total global consumption. It is followed by PTA, acetic anhydride, ethyl acetate and butyl acetate manufacturing industries. The report has also analysed the market on the basis of key regions. Asia currently represents the largest producer accounting for the majority of the total global production. Asia was followed by North America, Europe and Middle East & Africa. The report has also covered the key players operating in this market, some of which include – Reliance, Celanese, Jiangsu Sopo, BP Chemicals, Shanghai Wujing, etc.
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Global Ceiling Tiles Market Worth US$ 19 Billion in 2015
Driven by characteristics such as fire resistance, durability, light reflectance, high physical strength, noise-level reduction, etc. the market for mineral wool ceiling tiles has witnessed strong growth over the past several years and currently account for 42% of the total global ceiling tiles market.
According to a latest market report published by IMARC Group, the global ceiling tiles market was worth US$ 19 Billion in 2015. The report titled “Mineral Wool Ceiling Tiles Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” provides a comprehensive analysis of the global ceiling tiles and all the major requirements for setting up a mineral wool ceiling tiles manufacturing plant. The global ceiling tiles market has been segmented on the basis of various segments such as mineral wool ceiling tiles, gypsum ceiling tiles, metallic ceiling tiles and others which include plastic, wood, etc. The mineral wool ceiling tiles market has witnessed a rapid growth over the past several years making it the largest segment of the global ceiling tiles industry. Mineral wool ceiling tiles were followed by gypsum ceiling tiles and metallic ceiling tiles.
Being a high-grade interior decorative material, a mineral wool ceiling tile represents the most popular type of ceiling tile. Although, these tiles have a low water resistance and are prone to termite attacks, their numerous performance characteristics make up for these disadvantages. The advantages include fire resistance, durability, physical strength, light reflectance, noise-level reduction, etc. These tiles have a wide array of applications in commercial, educational and industrial sectors such as offices, hospitals schools, retail units and many other non-domestic buildings.
Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/
Region-wise, North America currently represents the largest market for ceiling tiles followed by Europe and the Asia Pacific. Over the past few years, the expanding applications of ceiling tiles in both commercial and industrial sectors have led to a strong growth of this market in North America and Europe. On the other hand, emerging markets, particularly those in the Asia-Pacific region are expected to witness high growth rates during the forecast period.
The report also provides a detailed technical insight on setting up and running a mineral wool ceiling tiles manufacturing plant. This includes the manufacturing process, machinery requirements, raw material requirements, labour requirements, land requirements, power requirements, transportation requirements, packaging requirements, incomes, expenditures, profit margins, etc. In order to present a clearer picture, the report also provides this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Chemical and Materials Market Research Report 