What is Sol-gel Technology?
Sol-gel is a process in which solid materials are produced from small molecules. The sol-gel procedure involves converting monomers into a colloidal solution (the Sol), which serves as a precursor to an integrated network (the Gel) of discrete particles or network polymers. Sol-gel technology has been successfully applied in the synthesis of glass, oxide coatings, and functional ceramic powders, especially composite oxide materials and high-critical temperature oxide superconducting materials that are difficult to prepare by traditional methods.
The market study is broken down, by Application (Protective coatings, High-strength ceramics, Fibers,, Microspheres and Others) and major geographies with country level break-up.
The demand for digital dictation systems is increasing as are in-demand. Businesses in this sector encounter Stiff competition on a global scale from market leaders who control a large share of the market. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Sol-gel Technology market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ferro Corporation (United States), Axalta Coating Systems Ltd (United States), NanoTech Coatings (United States), OPTICOTE INC (United States), Covestro AG (Germany), PPG Industries, Inc. (United States), Akzo Nobel N.V. (Netherlands), 3M (United States) and Sherwin-Williams Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sol-gel Technology market by Type, Application and Region.
On the basis of geography, the market of Sol-gel Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Synthesis Types, the sub-segment i.e. Colloid will boost the Sol-gel Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Aeronautics and Space will boost the Sol-gel Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- The emergence of Volatile Organic Compounds (VOC) free Sol-Gel
Market Drivers
- Growing Demand for Corrosion Resistant Sol-Gel Coatings
Opportunities
- Increasing Demand from the Oil and Gas Industry
Restraints
- Fluctuating Raw Material Prizes
Challenges
- Lack of Awareness in the Emerging Economies
Key Target Audience
Sol-Gel Manufacturers, Sol-Gel Suppliers and Distributors, Potential Investors, Raw Material Suppliers, Associations, Government, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.