General Illumination LEDs to Record Highest Growth Rate

The global market for high-brightness light-emitting diodes (LEDs) is projected to reach nearly $46.4 billion in 2014 and $105.5 billion in 2019, with a compound annual growth rate (CAGR) of 17.9%, according to a recent report from BCC Research. LEDs for general illumination applications are expected to post the highest growth rate of any major segment, with a CAGR of 22% between 2014 and 2019. By 2019, shipments of LEDs for general illumination should reach $89.2 billion, or nearly 85% of the overall LED market.

The North American, European and Asia-Pacific regions have traditionally been the largest consumers of high-brightness LEDs. Over the forecast period, Chinese consumption is predicted to grow at the most rapid rate. This migration follows the path of other products that China initially produced and then sold to the general population. By the end of the forecast period, China’s percentage of consumer use will have nearly doubled.

Lighting is one of the most widespread, important and growing energy users. In the U.S., recent data indicates that slightly more than 12% of electricity and 6% of all energy is consumed just to provide lighting. Global production of energy for lighting is approximately 3,400 TwH annually, or the equivalent of about 1,700 power plants. Related carbon emissions were estimated at over 400 million tons per year. Improvements in lighting efficiency, therefore, should have an important economic and environmental impact.

“LEDs already exceed the estimated life spans of conventional lighting systems and, coupled with their environmental advantages, they represent a big step into the future,” said Andrew McWilliams, research analyst. “Solid-state lighting could affect many phases of industry and consumer markets, as well as affect savings in dollars and environmental waste.

”For more information, visit www.bccresearch.com.

To view the original article, visit www.AdhesivesMag.com.

Palmer Holland appointed as authorized distributor for BYK Additives

Effective August 1, 2014 - Palmer Holland will be the authorized distributor for BYK Additives' complete portfolio of coatings additives as well as the heritage Southern Clay Products portfolio for the following states: Illinois, Indiana, Kentucky, lower peninsula Michigan, Ohio, western Pennsylvania, western New York and West Virginia. 

Palmer Holland is very excited to expand our relationship with Altana in one of our core markets. Keep checking palmerholland.com or with your account manager as we continue to upload and distribute more information from BYK Additives.

Don’t forget to download the BYK Additive Guide app, available in the App Store and Google Play, for additive recommendations, current product information and technical data sheets.

 

About BYK Additives & Instruments
BYK Additives & Instruments is one of the world’s leading suppliers in the field of additives and measuring instruments. The coatings, inks and plastics industries are predominant consumers of BYK additives. The product characteristics and production processes of oil exploration technology, care products, paper surface finishing, adhesives and sealants, and construction chemistry also benefit from BYK additives. 

 

As a globally operating specialty chemicals company, BYK has production sites in Wesel, Kempen, Moosburg and Schkopau (Germany), Deventer and Denekamp (Netherlands), Widnes (UK), Wallingford, Gonzales, Louisville (USA) and Tongling (China). 

 

BYK‘s instrument section (BYK-Gardner) is based in the Upper Bavarian town of Geretsried. Today the company employs around 1,800 people worldwide and forms part of the ALTANA Group.

Click here for more information on BYK Additives.

Palmer Holland Receives Great Recognition From Evonik

Palmer Holland, a premier specialty chemical distributor, is pleased to announce it is the recipient of the Evonik Inorganic Materials Distributor of the Year award for the Highest Sales Growth in 2013.

Palmer Holland received this recognition for the second year in a row. This award comes shortly after receiving two others for Excellence in Sales Growth, Silica and Excellence in Innovation, Dynasylan®.

Thank you to Evonik Inorganic Materials for this award and to all Palmer employees who made this possible. We are excited to continue this sales growth in the future.

Palmer Holland Makes The Plain Dealer's Top Workplaces List

On Sunday, June 15, The Cleveland Plain Dealer published “The Plain Dealer Top Workplaces” for 2014 – a list of the best places to work in the Northeast Ohio area. We are delighted to announce that Palmer Holland has been named to the list, for the second year in a row, as the #24 small company in the area. This is one up from our #25 ranking last year.  

The evaluation for the Top Workplaces program is based upon feedback from an employee survey. This year's list includes 100 companies in three divisions. 

We are honored to have been selected for the award, particularly as the judges were Palmer Holland employees! Thank you all for making Palmer Holland a great place to work.

To view other companies that made this year's list, please visit the Cleveland Plain Dealer website.