New Report on Global Sol-Gel Product Market

Research and Markets has announced the addition of the "Global Sol-Gel Product Market 2012-2016" report to their offering.

One of the key factors contributing to this market growth is the increase in demand for sol-gel derived coating and thin films for electronic devices. The Global Sol-Gel Product market has also been witnessing the increase in focus toward Rand D activities. However, increase in prices of sol-gel derived products could pose a challenge to the growth of this market.

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.

Companies Mentioned

  • 3M Co.
  • Chemat Technology Inc.
  • Cleveland Crystals Inc.
  • ENKI Technologies LLC
  • Hybrid Glass Technologies Inc.
  • Inotek Inc.
  • MarkeTech International Inc.
  • Prinz optics GmbH
  • TAASI Corp.
  • Veolia Water Solutions and Technologies S.A.

Source: http://www.researchandmarkets.com/

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