Market Research Blogs In Bulk Chemicals

Construction films are versatile & economical plastic films, widely used for protection and storage of materials, personnel and construction equipment. These films are increasingly being utilized in roofing, waterproofing, flooring & insulation, cladding and reinforcement.

Polyurethane (PU) manufacturers in recent years have been compelled to strive for higher sustainability via environment-friendly practices, products as well as technologies. Additionally, systems such as the Polyurethane Innovation Award in 2016 have only served to reinforce this trend by promoting companies that comply with sustainability criterion.

Plastic compounds have recently gained high attention in the expanding end-use sectors of Malaysia owing to their inherent lightweight and durable characteristics. The development of innovative plastics with bio-based ingredients and the integration of smart electronics into plastic films, sheets and compounds have attracted high interest from multinational plastic firms. 

Rapid urbanization, growing population, and improving the standard of living along with technological breakthroughs including the introduction of electric, and hybrid vehicles are expected to drive the demand for automobiles. These factors are likely to fuel the usage of automotive coatings over the upcoming years, which are used in various interior as well as exterior parts.

In industries such as aerospace, oil & gas, and power generation, the machinery, equipment, and components are subject to high operating temperatures. Thus, there is a growing requirement in these industries for efficient coating solutions that offer effective protection of the components and equipment. 

The demand for intumescent coatings is expected to be driven by the rising consumption by the rapidly developing construction industry. The demand is also expected to be driven by the stringent regulations pertaining to fire safety, mandated by the regulatory bodies across the globe.