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Showing posts from April, 2021

Drivers Increasing awareness and rising emphasis on safety measures driving the Fire-resistant Coatings Market

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The increasing number of fire accidents, which result in injuries, loss of life, and damage to property, has led to the implementation of various codes, regulations, and standards for fire safety and fire protection. In this regard, Europe and North America have the highest number of safety codes and regulations as compared to other regions. In the US, the International Code Council (ICC) and the National Fire Protection Association (NFPA) had recommended several standards and norms pertaining to fire safety and protection in buildings, infrastructure, and industrial sector. In the UK and Germany, under British standard 476 and ETA & DIN 4102 standard, several regulations were imposed related to fire safety and standard in building construction steelwork. In Russia, Federal Law No. 123-03 and GOST R 53295-2009 were imposed in July 2008, wherein technical regulation related to fire safety in building and construction activities was mandated to ensure safety and protection from fire ...

COVD-19 impact on the Conformal Coating Market

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  The Conformal coatings market is estimated to be USD 807 million in 2020 and is expected to reach USD 1,081 million by 2025 at CAGR of 6.0%. The factors promoting the growth of the market are the increasing number of PCB manufacturers in the APAC region and growing demand from high end applications that require the use conformal coatings. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=216347388 The conformal coating market is impacted by the COVID 19, due to the disruption caused by it in the end-use industries globally: The automobile industry is heading toward a year of significant decline as a result of extended lockdowns, impact in production, and fall in consumer demand. Sales volumes of passenger and commercial vehicles are projected to drop to levels not seen in over a decade. The automotive industry is struggling with an abrupt and widespread stoppage of economic activity, as workers are advised to stay home, supply chains grind to a ...