Electronics & Electrical Segment is One of the Fastest-Growing Segment of the Global Oxygen-Free Copper Market

The global oxygen-free copper market is anticipated to grow from USD 14.82 Billion in 2016 to USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021. This growth can be attributed to the increasing demand for oxygen-free copper from applications such as electronics & electrical and transportation. Citizen Metalloys Limited (India), KGHM Polska MiedŸ S.A. (Poland), Luvata (U.K.), National Bronze & Metals, Inc. (U.S.), Sam Dong America (South Korea), SH Copper Products Co., Ltd. (Japan), Zhejiang Libo Holding Group Co., Ltd. (China), Mitsubishi Materials Corporation (Japan), Pan Pacific Copper Co., Ltd. (Japan), Watteredge LLC (U.S.), Freeport-McMoRan Inc. (U.S.), KME Germany GmbH & Co KG (Germany), Wieland-Werke AG (Germany), Cupori Oy (Finland), and Metrod Holdings Berhad (Malaysia) are some of the leading players operating in this market.

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The objectives of this study are:

• To define, describe, and forecast the oxygen-free copper market based on grade, product form, end-use industry, and region
• To estimate and forecast the oxygen-free copper market size in terms of value and volume
• To provide a market share analysis of the major players in the oxygen-free copper market
• To estimate and forecast the market size of various segment based on grade, product form, and end-use industry in key regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America

Electronics & electrical segment is one of the fastest-growing segment of the global oxygen-free copper market

The electronics & electrical end-use industry segment is estimated to account for the largest share of the oxygen-free copper market in 2016, and is projected to be the fastest-growing segment from 2016 to 2021. The growth is mainly attributed to the increasing use of electronics products in the Asia-Pacific and North America regions.

• By Product Form:
• Wires
• Strips
• Busbars & Rods
• Others

• By End Use Industry:

• Electronics & Electrical
• Transportation
• Others

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Polytetrafluoroethylene (PTFE) Market is Projected to Grow at USD 3.60 billion by 2027, at a CAGR of 6.1%

The PTFE market is projected to grow at USD 3.60 billion by 2027, at a CAGR of 6.1% during the forecast period.

The report "Polytetrafluoroethylene (PTFE) Market by Form (Granular, Fine Powder, Dispersion, and Micronized), End-use Industry (Chemical & Industrial Processing, Electronics & Electrical, Automotive & Aerospace, Consumer Goods), and Region - Global Forecast to 2027".

Key players profiled in the report include Chemours (US), Daikin (Japan), 3M (US), Solvay (Belgium), Asahi Glass Company (Japan), Dongyue (China), Zhejiang Juhua (China), Shanghai 3F New Materials Company Ltd. (China), HaloPolymer (Russia), and Gujrat Fluorochemicals (India).

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Currently, the demand for PTFE is driven by its increasing applicability in medical, automotive, chemical processing, food & household applications that require material with specific properties. Properties like inertness to chemicals, low dielectric strength, high thermal stability, low co-efficient of friction, and so on, makes PTFE a preferred material in these industries. Emerging expanded PTFE (ePTFE) and modified (mPTFE) encloses the major opportunities in PTFE market. ePTFE market is a growing market which majorly envelopes PTFE membrane application. ePTFE membrane has improved material properties as compared to standard PTFE and hence is finding emerging applications in industries like, medical, filtration, and textile. ePTFE is consumed in a large portion in textile and filtration application by means of fibers.

The APAC PTFE market is projected to grow at the highest CAGR during the forecast period.

APAC is expected to be the fastest-growing PTFE market during the forecast period. The PTFE market in this region is led by China, Japan, India, and South Korea. The increasing demand for PTFE in the production of components used in automobiles, electronic devices, electrical appliances, chemicals, and industrial products in China and Japan, among other economies, is driving the growth in this market in APAC. These factors are driving key market players to expand their business in the APAC region.

Browse 77 market data Tables and 34 Figures spread through 134 Pages here - https://www.marketsandmarkets.com/PressReleases/polytetrafluoroethylene.asp

Chemours is a leading player in the PTFE market. The company provides fluorochemicals and fluoropolymers. It has been leading the fluorochemicals market since 1930. The company sells PTFE under the brand Teflon. Chemours accounts for a market share of 22% of the fluorochemicals market and 25% of the fluoropolymers market. North America and APAC account for large shares of the sale of Chemours’ fluoroproducts. Chemours focuses on the company’s growth by implementing strategies such as cost reduction, capital investments, enhancement of product portfolio, and optimizing processes. For example, in July 2016, Chemours invested in a new Teflon finishes plant at Chemours’ Changshu works site located in China. The company invested USD 15 million in this production unit. This plant has enabled the company to provide a sustained supply of Teflon coatings in APAC for consumer and industrial applications.

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Protective Packaging Market worth $37.0 billion by 2027

The protective packaging market size is projected to grow from USD 24.3 billion in 2017 to reach USD 37.0 billion by 2027, at a CAGR of 4.31%.

The report "Protective Packaging Market by Material (Foam Plastics, Paper & Paperboard), Type (Flexible, Rigid, Foam), Function (Cushioning, Blocking & Bracing, Void Fill), Application (Food & Beverage, Consumer Electronics), and Region – Global Forecast to 2027"

The major players include Smurfit Kappa Group (Ireland), Sealed Air Corporation (US), Sonoco Products Company (US), WestRock US), Huhatamaki (Finland), Ranpak (US), Pregis Corporation (US), Pro-Pac Packaging (Australia), Storopack Hans Reichenecker (Germany), Dow (US), and DS Smith (UK). The companies have adopted strategies such as acquisitions, expansions, and new product launches to cope with the increase in demand in the emerging markets.

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Target audience

• Manufacturers of protective packaging
• Importers and exporters of protective packaging
• Traders, distributors, and suppliers of protective packaging
• End users (food & beverage, healthcare, industrial goods, automotive, household appliances, and consumer electronics industries)

Based on application, the market has been segmented as follows:

• Food & beverage
• Health care
• Industrial goods
• Automotive
• Household appliances
• Consumer electronics
• Others

“Flexible protective packaging segment, by type, to gain maximum share during the forecast period”

The flexible protective packaging segment is projected to account for the largest share in 2027, mainly because of the growth in consumption of food & beverage, dairy, and cosmetic products. Flexible protective packaging is appealing as well as functional as it offers convenient packaging, which can be easily wrapped according to the size and shape of the product. The growth of the healthcare industry also provides an opportunity for the growth of the protective packaging market due to the rise in consumption of over-the-counter products for which flexible protective packaging is used, especially in the emerging markets of Asia Pacific and South America.

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“Foam plastics segment, by material, to grow at the highest rate during the forecast period”

Raw materials such as foam plastics, paper & paperboard, and plastics are used for protective packaging. The foam plastic segment accounted for the largest market share in terms of value, in the protective packaging market. Foam plastics are lightweight and provide thermal insulation and offer shock-dampening properties; this segment is thus projected to be the fastest-growing in the protective packaging market.

“Asia Pacific to be the largest share in the protective packaging market by 2027”

On the basis of key regions, the protective packaging market is segmented into North America, Western Europe, Eastern Europe, Nordics, Asia Pacific, South America, Middle East, and Africa. The Asia Pacific region is estimated to account for the largest share among all the regions in 2017, and is projected to grow at the highest rate from 2017 to 2027, in terms of value. This can be mainly attributed to the increase in demand for protective packaging in China and India coupled with the growth in the food & beverage industry in these countries. The urbanized population is shifting its preference to healthy and safe packaged foods owing to the rise in disposable incomes.

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The Oil Field Chemicals Application is Projected to Register the Highest CAGR in the Alpha Olefins Market during the Forecast Period

The Alpha Olefins Market is projected to grow from USD 9.3 billion in 2017 to reach USD 13.5 billion by 2022, at a compound annual growth rate (CAGR) of 7.8% during the forecast period. The market is driven by the growing demand for automobiles & plastics and the growth of the major application segments such as polyolefin co-monomers, surfactants and intermediates, and lubricants.

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The alpha olefins market is characterized by the presence of players such as Chevron Phillips (US), Shell (Netherlands), Ineos (Switzerland), Sasol (South Africa), SABIC (Saudi Arabia), Evonik (Germany), ExxonMobil (US), Dow Chemical (US), Qatar Chemical Company Ltd (Qatar), and PJSC Nizhnekamskneftekhim (Russia), among others.

Market Segmentation, by Application:

• Polyolefin Co-monomers
• Surfactants and Intermediates
• Lubricants
• Fine Chemicals
• Plasticizers
• Oil Field Chemicals
• Others

Growth of the automobile and packaging industries in the Asia-Pacific is also expected to lead to the growth of the alpha olefins market. Additionally, factors such as increasing population, higher disposable incomes, higher standards of living, rising consumption of packaged food, and increasing automobile manufacturing facilities are also expected to contribute to its growth in the region.

Most of these companies are leaders in the alpha olefins market and are focusing on capturing the full value chain to achieve economies of scale and product innovations in order to strengthen their market shares.

Market players are concentrating on expanding their product portfolios and developing cost-effective technologies. The companies are investing in establishing new facilities mainly in emerging regions so as to increase their global reach. These developments are being undertaken to meet the increasing demand for alpha olefins for various applications.

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Shell (The Netherlands) is amongst the leading suppliers of alpha olefins. The company adopted expansions as a strategy to maintain its premium position in the market. For instance, in November 2015, it expanded its production capacity at its chemical manufacturing site in Louisiana (US). Similarly, in March 2015, it also invested at its Wesseling (Germany) plant to upgrade the steam cracking unit to produce heavy olefins and aromatics.

Chevron Phillips (US) also adopted the expansions strategy to sustain its premium market position. For instance, in December 2014, it expanded its ethylene business by increasing production capacity at its manufacturing facility in Texas. This expansion helped the company in supporting the growth of its olefins business.

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Industrial Boilers Market worth $19.9 billion by 2027

The report "Industrial Boilers Market by Type (Fire-tube, Water-tube), Fuel Type (Natural Gas & Biomass, Oil, Coal), End-Use Industry (Chemical, Food, Refineries, Metals & Mining), Boiler Horsepower, and Region - Global Forecast to 2027".
Factors such as increasing demand from the food industry and growing demand for compact designs and lean operations influence the industrial boilers market. The shift toward high-performance boilers based on natural gas will have a positive impact on the industrial boilers market.

On the basis of Boiler Horsepower:

• 10-150 BHP
• 151-300 BHP
• 301-600 BHP

On the basis of Fuel Type:

• Natural Gas & Biomass
• Oil
• Coal
• Others

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On the basis of End-use Industry:

• Food
• Chemical
• Refineries
• Metals & Mining
• Others

 On the basis of Type:

• Water-tube
• Fire-tube

Fire-tube type segment to lead the industrial boilers market by 2027

By type, the fire-tube segment is estimated to account for the largest share of the industrial boilers market in 2018 and is projected to dominate the market by 2027. Fire-tube boilers have compact designs and largely run on natural gas and oil, which are the major fuels preferred globally. Fire-tube boilers are also more fuel efficient and have lean operations in comparison to water-tube boilers.

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Natural gas & biomass segment to lead the industrial boilers market by 2027

By fuel type, the natural gas & biomass segment is estimated to account for the largest share of the industrial boilers market in 2018 and is projected to dominate the market by 2027. Natural gas & biomass-based boilers are capturing the industrial boilers market and are amongst the first choices to replace coal-based boilers in developed countries. The US and UK have stopped constructing new coal-based power plants and industrial boilers and are replacing the old ones with natural gas-fired industrial boilers. The natural gas & biomass-based industrial boilers are also used in developing countries like Saudi Arabia, the UAE, Egypt, and Nigeria due to easy availability of natural gas and oil.

Fire Resistant Cable Market worth 2.06 Billion USD by 2023

The report "Fire Resistant Cable Market by Insulation Material (XLPS, LSZH, PVC, EPR), End-Use Industry (Building & Construction, Automotive & Transportation, Manufacturing, Energy), and Region (APAC, North America, Europe, MEA) - Global Forecast to 2023", The global fire resistant cable market is projected to grow from USD 1.76 Billion in 2018 to USD 2.06 Billion by 2023, at a CAGR of 3.2% from 2018 to 2023.

Key Market Players - 

Key players operating in the fire resistant cable market include Prysmian Group (Italy), Nexans S. A. (France), General Cable Corporation (US), NKT Group (Denmark), Leoni AG (Germany), LS Cable & System Ltd. (South Korea), EL Sewedy Electric Company (Egypt), Universal Cable (M) Berhad (Malaysia), and Tratos Limited (UK), among others. These companies focus on investing in capacity expansions to achieve growth in the fire resistant cable market.

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• On the Basis of End-Use Industry:
  • Building & Construction
  • Automotive & Transportation
  • Manufacturing
  • Energy
  • Others
• On the Basis of Insulation Material:
• XPLE
• LSZH
• PVC
• EPR
• Others

By insulation material, the XLPE segment is estimated to lead the fire resistant cable market in 2018.

Based on insulation material, the XLPE segment is estimated to lead the fire resistant cable market in 2018. The growth of this segment can be attributed to its easy availability of XLPE, average price than other insulation materials, and excellent insulation properties.

The building & construction segment is expected to be the fastest-growing end-use industry segment of the fire resistant cable market during the forecast period.

Based on end-use industry, the building & construction segment is expected to grow at the highest rate during the forecast period. Increasing infrastructural activities from emerging economies of the Asia Pacific and Middle East & Africa regions is driving this segment.

Tetrahydrofuran (THF) Market worth 4.12 Billion USD by 2022

Tetrahydrofuran (THF) market was valued at USD 2.77 Billion in 2016 and is projected to reach USD 4.12 Billion by 2022, at a CAGR of 6.9% during the forecast period from 2017 to 2022. The growing demand for spandex fibers and polyurethane across the globe is driving the growth of the THF market.

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Key Market Players - 

The key players profiled in the report include BASF (Germany), Dairen Chemical (Taiwan), Ashland (US), INVISTA (US), Mitsubishi Chemical (Japan), LyondellBasell (the Netherlands), Sipchem (Saudi Arabia), Penn A Kem (US), Nova Molecular Technologies (US), and BioAmber (US), among others.

Among technologies, the Reppe process segment led the THF market in 2017, in terms of volume.

The Reppe process segment led the THF market in 2017, in terms of volume. The Reppe process is a mature technology and is widely used for the production of tetrahydrofuran due to its high production efficiency and low investment costs. It is also suitable for the mass production of tetrahydrofuran. Less number of steps involved in this process, saves the process time, thereby making manufacturing of tetrahydrofuran easy.

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Among applications, the Polytetramethylene Ether Glycol (PTMEG) segment led the THF market in 2017, in terms of volume.

The PTMEG application segment led the THF market in 2017, in terms of volume. PTMEG is used in the production of spandex and polyurethane. Spandex is extensively used in women’s clothing such as leggings, form-fit garments, and trendy outfits; sportswear such as swimwear, athletic wear, and aerobic garments; and casual garments. Changes in trends in the apparel industry have been largely responsible for blending sportswear with the casual wear. In addition, the growing health awareness among masses has increased fitness activities across the globe. These trends have increased the demand for sportswear across the globe, thereby leading to the increased demand for spandex. This, in turn, is driving the demand for tetrahydrofuran in PTMEG application. Moreover, flourishing construction, automotive, and consumer goods industries have also fueled the consumption of polyurethane in PTMEG application, thereby leading to the increased demand for tetrahydrofuran.

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Biodegradable Plastics Market worth $12.4 billion by 2027

The biodegradable plastics market is projected to reach USD 12.4 billion by 2027, at a CAGR of 15.1%.

The report "Biodegradable Plastics Market by Type (PLA, Starch Blends, Biodegradable Polyesters, PHA), End-use Industry (Packaging & Bags, Consumer Goods, Agriculture & Horticulture), and Region (APAC, Europe, North America, Row) - Global Forecast to 2027".

The growth of the market is attributed to the increasing demand for biodegradable plastics in various end-use industries in emerging economies such as India, China, and Brazil. The increasing adoption of strategies such as new product launches and mergers, acquisitions & partnerships by the key players is also fueling the market.

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On the basis of end-use industry, the packaging & bag segment is estimated to lead the biodegradable plastics market during the forecast period.
Packaging & bags is the largest end-use industry of biodegradable plastics. Thermoset plastics (soy polyurethanes and unsaturated polyester resins) and thermoplastics (PLA, starch blends, PBS, PHA, and cellulose) are the two types of biodegradable plastics mainly used in the packaging industry. Packaging products made from these plastics are mainly used in the packaging of fresh food, dried snacks & candy, bakery goods, water & juice bottles, and meat trays. Biodegradable plastics are also used as coatings for beverages cups and films & card stock.

Increasing use of PLA in the packaging & bags and consumer goods industry is projected to lead the biodegradable plastics market during the forecast period.
PLA is the largest type segment of the biodegradable plastics market, as it is used in various end-use industries such as packaging & bags and consumer goods. PLA is made from renewable resources, and it is compostable as well as biodegradable. It is derived from corn starch (in the US and Canada), tapioca roots, chips, or starch (mostly in Asia), or sugarcane (in RoW). This makes PLA non-toxic and an environmentally friendly material. Plastic products may take up to thousand years to degrade while PLA products biodegrade within 3–6 months in an industrial composting system. The key applications of PLA are thermoformed products, namely, drink cups, takeaway food trays, containers, and planter boxes. It has good rigidity and allows for replacement of polystyrene and PET in such applications. PLA is being adopted rapidly as it is more economical to manufacture PLA as compared with the synthesis of other biodegradable plastics.

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Succinic Acid Market Worth $237.8 million by 2027

The report "Succinic Acid Market by Type (Bio-Based Succinic Acid, Petro-Based Succinic Acid), End-Use Industry (Industrial, Food & Beverage, Coatings, Pharmaceutical), and Region (APAC, Europe, North America, South America, Middle East & Africa) - Forecast to 2027", is expected to grow from USD 131.7 million in 2018 and is projected to reach USD 237.8 million by 2027, at a CAGR of 6.8%. The growth of the succinic acid market is attributed to the growing chemical, food & beverage, and pharmaceutical industries.

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Key Market Players - 

BioAmber (Canada), GC Innovation America (US), Succinity GmbH (Germany), Reverdia (Netherlands), Nippon Shokubai (Japan), Shandong Lixing Chemical (China), Kawasaki Kasei Chemicals (Japan), Anqing Hexing Chemical (China),  Anhui Sunsing Chemicals (China), and Gadiv Petrochemical Industries (Israel) are the key players operating in the succinic acid market.

The petro-based succinic acid market is projected to account for the largest share during the forecast period.

Based on type, the succinic acid market has been segmented into petro-based succinic acid and bio-based succinic acid. Petro-based succinic acid is projected to be the largest segment of the market during the forecast period. The demand for petro-based succinic acid is high due to its cost-effectiveness and efficiency in various applications in the chemical industry, such as polyester polyols for manufacturing polyurethane, PBS, and personal care.

APAC is projected to register the highest CAGR, in terms of value, in the succinic acid market during the forecast period.

APAC is the fastest-growing market for succinic acid, in terms of both value and volume. High economic growth, growing manufacturing sector, cheap labor, increasing foreign investments, agreements/collaborations, and expansions, growing consumption of plastics, and a global shift in the production capacity from the developed markets to the emerging markets are the major factors leading to the growth of the succinic acid market in this region. China leads the succinic acid market in APAC. The consumption of succinic acid in the country has grown significantly and is expected to witness further growth during the forecast period.

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Expanded Polystyrene (EPS) Market worth $24.7 billion by 2027

The report "Expanded Polystyrene (EPS) Market by Product Type (White, Grey, Black), End-Use Industry (Building & Construction, Packaging), and Region (APAC, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2027" The EPS market is expected to grow from USD 15.5 billion in 2018 to USD 24.7 billion by 2027, at a CAGR of 5.3% during the forecast period. The major factors driving the EPS market include the growing construction and packaging industries in developing countries.

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Key Market Players - 

Major vendors in the EPS market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).

Building & construction to be the fastest-growing end-use industry during the forecast period

EPS possesses ideal physical and mechanical properties for most insulating needs. It is an excellent design element, an ideal choice for green building, offers tangible environmental advantages that can maximize energy efficiency, provides improved indoor environmental quality, and enhances durability. These factors make the building & construction industry the largest consumer of EPS.

APAC is expected to hold the largest market size in the EPS market during the forecast period

APAC has emerged as the leading consumer and producer of EPS because of the increasing demand from the domestic front and rising income levels. The easy availability of low-cost labor and economical & accessible raw materials are increasing the production of EPS in the region, thereby driving foreign investments. APAC is also the fastest-growing EPS market. The government proposals to improve public infrastructure and rising cash-intensive non-residential construction are positively impacting the market growth. The demand in APAC will further increase in the next five years because of several on-going and upcoming building & construction projects in the developing countries.

Browse 145 market data Tables and 51 Figures spread through 152 Pages here - https://www.marketsandmarkets.com/PressReleases/expanded-polystyrene.asp

Grey EPS is gradually penetrating the global market for the past 10 years. The less thermal conductivity and better insulation of grey EPS than white EPS are making it a preferable choice in the building & construction industry. Grey EPS has an additional elasticity that improves sound insulation and provides better thermal efficiency in comparison to the normal white EPS insulation.

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