TechNavio recognizes the following companies as the key players in the Global Sol-Gel Products Market: 3M Co., Veolia Water Solutions and Technologies S.A., and TAASI Corp.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”With the increase in competition in the Global Sol-gel Product market, several sol-gel product vendors are investigating opportunities to increase their market presence by differentiating their products from their competitors. This is forcing several vendors to increase their focus on R and D activities in order to provide superior-quality, highly customized products that can effectively meet the specific requirements of end-users. Moreover, increasing R and D activities also enables vendors to investigate opportunities to develop cost-effective products that could increase their competitiveness in the market.”
According to the report, several organizations across the Electrical and Electronics industry widely use various sol-gel-derived products such as coatings and thin films to develop superior-quality products. This is because one of the major forces driving the market is the need to develop superior-quality products.
Further, the report states a major challenge in the market is the increase in prices of sol-gel-derived products. The prices of sol-gel-derived products are increasing due to the increasing prices of raw materials.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Cleveland Crystals Inc., Chemat Technology Inc., ENKI Technologies LLC, Hybrid Glass Technologies Inc., Inotek Inc., MarkeTech International Inc. and Prinz optics GmbH.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-sol-gel-product-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering
Follow us on Twitter @ Technavio