UV Coating Market Projected To Be Worth USD 6,890.6 Million By 2028

Global UV Coating Market Projected to be worth USD 6,890.6 million by 2028, as Applications in Telecom and Renewable Energy Sector Offer Opportunities. Key Players BASF SE, Akzo Nobel N.V., Arkema Group, PPG Industries Inc., Axalta Coating System LLC., The Valspar Corporation, The Sherwin-Williams Company, Croda International Plc., Watson Coatings,

Pune, India, July 21, 2020 (GLOBE NEWSWIRE) — Global UV Coating Market is likely to touch a valuation of USD 6,890.6 million by the end of 2028 from USD 4,037.8 million in 2020. The market will register at a healthy CAGR of 6.9% throughout the forecast period, anticipates the report. Increasing application of UV coatings technology in the photovoltaic film is projected to fuel the market growth of UV coatings. Also, the growth of the renewable energy and telecommunications sector is also expected to offer significant growth opportunities for the UV coatings market over the forecast timeframe. Hence, the rising application of UV coatings across various applications is expected to propel the market growth. The research analyst at QMI have recently published a new report, which studies the market size, along with analyzing various trends and opportunities of the global UV Coating market.

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Growing electronics industry and increasing environmental awareness is predicted to drive the global UV coatings market over the forecast period. Electronic components require corrosion resistant coating to function in harsh conditions. Another advantage offered by UV coatings is the low operational cost, which is expected to positively impact the overall market growth. High demand for coating in industrial applications is anticipated to surge the growth of the global UV coatings market.

Wider and greener UV coatings applications with newer low capacity markets offer promising opportunities to the vendors over the forecast period. Intensified efforts promoting environmental friendly products have resulted in increased innovations and are expected to open ample opportunities for market development. R&D and innovations such as bio-based U.V. coatings is expected to open new avenues for the global UV coatings market applications.

Resistance to Heat and Abrasion to Propel the Adoption of Water-based Coatings

Based on base type, UV Coatings market segmented into water-based and solvent based coating. Among this water-based coating segment is expected to account for 60.9%, the largest share of the global UV Coatings in 2020. This market is estimated to grow at a CAGR of 7.2% during the forecast period. The rising trend of using waterborne coatings over solvent-based coatings in various industries is the primary reason associated with the dominance and growth of this market segment.

Superior Quality of UV Coating to Spike the Demand for Industrial Coatings

Based on end use, UV Coatings market segmented into wood & furniture, electronics, automotive, paper & packing, industrial coatings, and buildings & construction. Industrial Coatings is expected to account for the largest share of 24.3% in the global UV coatings in 2020. This market is estimated grow at a CAGR of 6.4% during the forecast.

However, wood & furniture is expected to grow at the fastest CAGR of 7.6% during the forecast period.

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Burgeoning Industrial and Automotive Sector in Asia Pacific to Drive Market Growth

Asia Pacific is the largest UV Coating regional segment accounting for over 35% of the global market. This market is poised to grow at a CAGR of 9.0% during the forecast period. This regional segment is projected to account for a significant market share during the forecast period on account of the ascending demand for protective coatings from end users, such as automotive, industrial, wood and furniture, paper and packing and others. Asia Pacific is also projected to be the fastest growing UV Coating market Factors such as the presence of numerous end users, close proximity to raw material suppliers, and rapid industrialization and urbanization, especially in India and China are anticipated to boost the regional product demand.

Competitive Market Scenario of Key Companies Operating in the Global UV Coating Market

1. In January 2020, Axalta Coating Systems announced partnership with JC Licht, a premier paint retailer with nearly 40 locations in Chicago and surrounding suburbs.
2. In November 2019, BASF introduced innovative leveling agents Efka FL 3750 and Efka FL 3755 for solvent-borne and solvent-free coatings. These agents are an ideal choice for use in automotive OEM and refinish coatings, wood coatings and industrial coatings. Their application area can also be extended to UV curing formulations and powder coatings, as well as ambient curing and baking curing systems.
3. In July 2019, Arkema acquired a company specializing in photoinitiators for curing, Lambson, to fulfill the demands of markets such as high performance coatings, 3D printing, electronics, digital ink, and composites.

BASF SE, Akzo Nobel N.V., Arkema Group, PPG Industries Inc., Axalta Coating System LLC., The Valspar Corporation, The Sherwin-Williams Company, Croda International Plc., Watson Coatings, Inc., Allnex Belgium SA/NV, Sokan New Materials, and Dymax Corporation are the major eight players that are operating in the global UV Coating market.

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The market study report is issued by the name of, “UV Coating Market, By Base Type (Solvent-Based and Water-Based), By Composition (Photo-Initiator, Monomer Oligomer, Epoxy Resins, Additives), By End Use (Wood And Furniture, Industrial Coatings, Automotive, Electronics, Buildings And Construction, Paper & Packing), By Region (Western Europe, North America, Eastern Europe, Middle East, Asia Pacific, Rest of the World) – Market Estimate & Forecasting (2016-2028).”

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Essential Oils Market to reach US $15 billion by 2025 – Global Insights on Trends, Value Chain Analysis, Growth Drivers, Strategic Initiatives, and Future Prospect: Adroit Market Research

Rising demand for natural ingredients along with the growing adoption across developing countries will proliferate the global Essential Oils industry

Dallas, Texas, July 21, 2020 (GLOBE NEWSWIRE) — The “Essential Oils Market by Product Type (Lemon Oil, Orange Oil, Peppermint Oil, Lime Oil, Citronella Oil, Cornmint Oil, Spearmint Oil, Cloveleaf Oil, Geranium Oil, Jasmine Oil, Eucalyptus Oil, Rosemary Oil, Lavender Oil, Tea Tree Oil, and Others), Method of Extraction (Distillation, Cold Press Extraction, Carbon Dioxide Extraction, Solvent Extraction, and Others), End Use (Food & Beverages, Aromatherapy, Cosmetics & Toiletries, Healthcare, Homecare, and Others) and by Region, Global Forecasts 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.

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The global Essential Oils market size is anticipated to reach over USD 15 billion by 2025. Essential oils are hydrophobic solutions, which contain volatile aroma compounds. These oils are extracted from plants, herbs, flowers that are amalgamated with the carrier oil to obtain the end product. The oil is used across multiple industries including food & beverages, healthcare, cosmetics and other consumer goods industry. The ongoing surge in demand for these products from developing as well as developed countries is escalating the industry growth.

Shifting focus toward healthcare and hygiene, along with improving living standard and disposable income is positively impacting the business landscape. Surge in number of depression and anxiety disorder cases which are healed through aromatherapy is further boosting the product demand. In addition, ongoing innovation activities to improve the extraction process and develop a high capability end product is expected to provide impetus to the industry outlook.

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The report also throws light on various aspects of the global Essential Oils industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the Essential Oils industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.

The global Essential Oils market holds a strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.

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Essential Oils market, the market is categorized into food & beverages, aromatherapy, cosmetics & toiletries, healthcare, homecare, and others on the basis of end use. The healthcare segment is analyzed to grow at a CAGR of over 8% over the forecast timeframe. The growth of this segment is primarily contributed to rising focus on health and hygiene awareness is poised to catapult the segment growth.

Asia Pacific is analyzed to witness highest growth rate over the forecast timeline owing to the rising adoption of the product. Positive economic outlook along with increasing middle class income across the emerging economies including China and India is proliferating the industry growth. Rising inclination toward aromatic consumer goods coupled with rising demand for packaged food and home care is expected to supplement the business outlook in the coming years.

The leading players operating across the global Essential Oils market include Biolandes SAS, Essential Oils of New Zealand, Falcon Essential Oils, doTerra, Farotti Srl, India Essential Oils, and H. Reynaud & Fils, including others. The industry for Essential Oils constitutes established global players along with growing rising presence of emerging companies. In addition, the companies are focusing toward expanding their market penetration through adoption of inorganic growth strategies.

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Major points from Table of Contents:
Chapter 1    Introduction
Chapter 1    Introduction
Chapter 3    Executive Summary
Chapter 4    Market Outlook
Chapter 5    Essential Oils Market by Product Type
Chapter 6    Essential Oils Market by Method of Extraction
Chapter 7    Essential Oils Market by End Use
Chapter 8    Essential Oils Market By Region
Chapter 9    Competitive Landscape
Chapter 10    Company Profiles
Chapter 11    Appendix

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Technology Center in Bangalore Advances Zoom’s Commitment to Invest in India

SAN JOSE, Calif., July 20, 2020 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that it will expand its presence in India by opening a new technology center in Bangalore, where it will hire key talent over the next few years. This commitment represents a growing strategic investment in the country, where Zoom already has one office in Mumbai (which is expected to triple in size) and two data centers in Mumbai and Hyderabad. This growing presence is in direct response to Zoom’s increased level of adoption by users across India. From January to April 2020, Zoom has seen 6700% growth in free user sign ups in India.

This expansion into Bangalore will supplement Zoom’s existing R&D centers and support Zoom’s engineering leadership, which is based at its San Jose, California headquarters. Zoom selected Bangalore for its exceptional engineering and IT talent. The company will immediately begin recruiting DevOps engineers, IT, Security, and Business Operations headcount in the area. Employees will work from home until the pandemic-related remote work has subsided.

“India is a strategically important country for Zoom and we expect to see continued growth and investment here. We are proud to provide our services for free to over 2,300 educational institutions in India during the COVID-19 pandemic and look forward to continuing to work with the people and government of India hand-in-hand,” said Eric S. Yuan, CEO of Zoom. “We plan to hire key employees for the technology center over the next few years, pulling from India’s highly-educated engineering talent pool. This facility will play a critical role in Zoom’s continued growth.”

“Zoom is focused on providing the best unified communications experience in the world and we are thrilled to open a technology center in Bangalore, which will be an innovation hub for our communications platform,” said Velchamy Sankarlingam, President of Product and Engineering for Zoom. “The talent in India is truly exceptional and we are looking forward to expanding our DevOps, IT, Security, and Business Operations teams here as we scale our operations.”

The launch of a technology center in Bangalore represents Zoom’s strategy of developing its cutting-edge communications technology in multiple locations globally. The center will play a vital role as a source of innovation for Zoom, leveraging some of India’s most talented professionals. Zoom commits to these efforts in India with the goal of providing better service to individuals and organizations around the globe, empowering them to accomplish more with video-first unified communications. The launch will also open opportunities for local talent to do meaningful work and contribute to an organization whose core value is to care for our communities, customers, company, teammates, and selves.

To explore open roles at Zoom, visit our careers page.

About Zoom
Zoom Video Communications, Inc. (NASDAQ: ZM) brings teams together to get more done in a frictionless and secure video environment. Our easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. Visit zoom.com and follow @zoom_us.

Forward-Looking Statements
This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this communication include, among other things, statements about potential growth opportunities and anticipated objectives from further investment in India.  In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. However, not all forward-looking statements contain these identifying words. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our most recent filings with the Securities and Exchange Commission (the “SEC”), including our quarterly report on Form 10-Q for the quarter ended April 30, 2020. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events.  Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

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Family with Longtime Landholding 1031 Exchanges $2.5 Million of Equity into Potentially Income Producing DSTs

LOS ANGELES, July 20, 2020 (GLOBE NEWSWIRE) —

Kay Properties investors, a family who inherited land on the outskirts of a city, tried for years to sell the land all the while learning about 1031 DST offerings as a possible option for their investment. When the property finally sold, the family wanted to lower their risk potential and so they invested the entire $2.5 million into all-cash, debt-free DST properties.

Betty Friant, Senior Vice President of Kay Properties and Investments (www.kpi1031.com), explained, “The family had tried renting out a few of the small houses on the land in the past with very mixed results. They were tired of the active management of the tenants, toilets and trash and so they let the homes remain vacant instead of dealing with the hassles of management. The family ultimately invested in nine different DST properties for sale that represented multiple asset classes including medical, industrial, retail, net-lease pharmacy, self-storage and even a debt-free multifamily DST in various regions of the country with various DST sponsor companies and DST asset managers.”

Friant continued, “The clients were able to move from a negative cash flow scenario of paying the annual taxes and upkeep on land and the rundown buildings to a lifestyle change with potential monthly income and no active management while avoiding the significant tax consequences that would have happened if they hadn’t done a 1031 exchange. The Delaware Statutory Trusts were a great fit for this particular family to potentially accomplish their goals and objectives.”

About Kay Properties and www.kpi1031.com

Kay Properties and Investments is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and an active DST secondary market. Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over $15 billion of DST 1031 investments.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior to investing. IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation. There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed.

Securities offered through WealthForge Securities, LLC. Member FINRA / SIPC. Kay Properties and Investments, LLC and WealthForge Securities, LLC are separate entities.

Media contact for more information:
Cary Brazeman
310-205-3590
cary@crelix.com