#forecast 2022

2022 “IF/THEN” Observations For Government Contractors

“WASHINGTON TECHNOLOGY ” By Ross Wilkers “It is far too easy to put the word “uncertainty” up as what looms over the federal contracting market and leave it at that, when there are multiple threads to pull on stemming from that word. So let’s get more specific with the scenarios to walk through for 2022 in this annual exercise of pondering them. As ever: disagreement, pushback and a dose of…

Pigments Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $26,598 million by 2022, growing at a CAGR of 4.1% during the period 2022.The global pigments market was valued at $20,023 million in the year 2015 with major revenue contributor from paints & coatings application segment. Asia-Pacific holds the leading position in the global market in 2015, and is expected to maintain its lead throughout the study period.

Growth of the automotive and construction material industry is expected to fuel the market growth during the forecast period. High adoption of specialty pigments in flexible packaging, increasing demand for customization and personalization of products, the market growth of end user industries and growing awareness regarding sustainable environment drive the world pigments market. Advancements in the nanotechnology and ongoing trend of developing sustainable organic pigments from renewable feedstock are expected to offer major opportunities to the world pigments market. Stringent regulations implemented by government organizations to check the compliance of pigments with proposed standards to minimize environmental issues and prevent volatility in the pricings of raw materials are expected to affect the growth of the world pigments market during the forecast period.

Read more at: https://www.alliedmarketresearch.com/press-release/pigments-market.html

Pigments are added in paints & coatings to impart colors, improve their quality, and performance. It controls bleeding of paints, and does not blend into other color layers. They are less susceptible to environmental factors and oxidizing gases, and exhibit UV resistant properties due to their high refractive index. They can withstand high temperature, light, abrasion, moisture, acids, alkalis, and other chemicals.

Rapid urbanization in the emerging economies, such as India, China, Brazil, and others, have led to upsurge in civil construction activities and manufacturing automobiles, which is a key driving factor of the paints & coatings industry. In 2015, paints & coatings application segment accounted for two-fifths share of the market in terms of value, and is expected to maintain its dominance throughout the forecast period. Moreover, upsurge in commercial and residential construction activities in the emerging economies, such as India and China, drive the pigments market in the Asia-Pacific region.

Key findings of the Pigments Market

Pigments in paints & coatings application segment occupied the highest share in 2015, and is expected to grow at a CAGR of 4.6% in terms of value during the forecast period. China is the leading consumer of pigments accounted for three-fifths of the Asia-Pacific market, followed by India The titanium dioxide pigment segment is expected to expand with the highest CAGR of 4.1% in the inorganic pigments type segment in terms of value during the forecast period. U.S. is the leading market for pigments in the North American region, growing at a CAGR of 4.2% in terms of value during the forecast period. Asia-Pacific accounted for the largest share in the global pigments market in 2015 and is expected to maintain its leading position. This is attributable to increase in building & construction and automotive segment and improvement in economy. China is the fastest growing country for the consumption of pigments, which is expected to continue this dominance. The key players operating in the world pigments market have adopted diverse strategies such as product launch, expansion, acquisition, joint venture, partnership, and investment to gain competitive advantage in this market. The prominent players profiled in this report include The Shepherd Color Company, Clariant International Ltd., Huntsman Corporation, DIC Corporation, ECKART GmbH, BASF SE, Cabot Corp., Sudarshan Chemical Industries Ltd., Heubach GmbH, and Ferro Corporation.

The other companies of the pigments market are CPS Color AG, Kronos Worldwide Inc., LANXESS AG, CRISTAL, Tronox Ltd., Lonsen, RIKA Technology Co., Ltd., Dainichiseika Color & Chemicals Mfg., Co., Ltd., and Toyo Ink Mfg. Co. Ltd.

The global 3D printing healthcare market is expected to have a compound annual growth rate (CAGR) of 26.2% up through the year 2020, according to a new report, World 3D Printing Healthcare Market-Opportunities and Forecasts, just published by Allied Market Research.

The report found many different factors that are influencing market growth, including breakthrough technologies. Portable, solar-powered, multi-material, and full color 3D printers make the technology easy to use anywhere.

Read more at: https://www.alliedmarketresearch.com/3d-printing-healthcare-market

Patient Demand

Patient need is a strong factor driving growth: a rising number of people face issues related to old age, such as osteoporosis, which 3D printed technologies can address.

The report says that rising numbers of amputees, patients with auditory loss and dental problems will also fuel the need of external wearable devices, while the increased availability of biocompatible materials will help meet the demand. Customized 3D printed external wearable devices are widely considered to be better treatment options with optimized fitting and comfort.

External Wearable Devices

The application of external wearable devices are expected to contribute $2.3 billion to the 3D printing healthcare market by 2020.

There are a wide range of external wearable devices available thanks to 3D printing, such as prosthetic limbs.

Medical and surgical centers are also responsible for a considerable amount of growth, controlling roughly three-fourths of the global market. Emerging Markets

While North America accounts for 2/5 of the healthcare 3D printing market, new regions will emerge as influential by 2020. Asia-Pacific is expected to be the fastest growing market, with a CAGR of 29.7% for the forecast period.

The growth is mostly fueled by rising awareness and the development of start-up companies in the Asia-Pacific and LAMEA regions. The materials segment in particular will grow throughout North America, Europe, and other areas thanks to the availability of biocomaptible materials.

Other Key Findings

• The highest CAGR of the forecast period for 3D healthcare services is projected at 26.6%.

Polymers account for roughly half of the market revenue for materials. Ceramics are also projected as the fastest growing segment (a CAGR of 32.1%).

• The electron beam melting technology segment is expected to grow at 29.6% CAGR from 2015 to 2020, higher than any other segment.

• Medical and surgical centers (accounting for 2/3 of the market) will continue to dominate throughout the forecast period.

• The fastest growing segment is expected to be engineering application, with a CAGR of 31.7% from 2015 to 2020.