Tuesday, August 27, 2019

The Aerospace Industry Leads the Core Materials Market for Composites

Core Materials Market for composites is projected to grow from USD 1.17 Billion in 2016 to USD 1.92 Billion by 2022, at a CAGR of 8.77% between 2017 and 2022. The use of core materials is becoming crucial in wind energy, aerospace, marine, transportation, construction, and other industries. Furthermore, core material manufacturers are signing supply agreements with various end-use industries to secure their position in the core materials market for composites.

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𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 -

Some of the leading manufacturers of core materials for composites include Diab Group (Sweden), Hexcel Corporation (US), 3A Composites (Switzerland), Euro-Composites S.A. (Luxembourg), Gurit Holding AG (Switzerland), The Gill Corporation (US), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (US), Armacell International S.A. (Luxembourg), and Evonik Industries AG (Germany). These players adopted various organic and inorganic developmental strategies.



The aerospace industry leads the core materials market for composites

The aerospace industry is estimated to be the largest end-use industry of the core materials market for composites. It is also projected to be one of the fastest-growing end users. This dominance is attributed to high demand for honeycomb core materials from next-generation aircraft.

Asia Pacific is witnessing high growth within the core materials market.

Asia Pacific is projected to be the fastest-growing market for core materials for composite between 2017 and 2022. In terms of volume, the region is the largest market. However, North America is the largest market in terms of value. The market in Asia Pacific is driven significantly by the rapid expansion of the wind energy industry. Various leading players are investing in the region due to the easy availability of raw materials, low labor costs, and the growth of manufacturing industries.


Monday, August 26, 2019

The Oil & Gas Segment is Expected to Drive the Seamless Pipes Market During the Forecast Period



The report "Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022", The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.



Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).


Based on Materials:
  • Steel & Alloys
  • Copper & Alloys
  • Nickel & Alloys
  • Others
Based on End-use Industry:
  • Oil & Gas
  • Infrastructure & Construction
  • Power Generation
  • Automotive
  • Engineering
  • Others




Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.

Friday, August 23, 2019

Variable Air Volume (VAV) Systems Market worth $16.0 billion by 2024

The report "Variable Air Volume (VAV) Systems Market by Type (Single-duct VAV, Dual-duct VAV, Induction VAV, Fan-powered VAV), Application (Commercial building, Industrial building, Residential building), and Region - Global Forecast to 2024"The variable air volume (VAV) systems market is expected to grow from USD 11.8 billion in 2019 to USD 16.0 billion by 2024, at a CAGR of 6.3 % during the forecast period. The major factors driving the variable air volume (VAV) systems market include increasing construction activities, globally and rising awareness for reducing energy consumption.



Key Market Players -


The major vendors in the polyurethane dispersion market are, Ingersoll Rand (Ireland), Honeywell International Ltd (US), United Technologies Corporation (US), Daikin Industries Ltd.(Japan), Johnson Controls(US), Siemens(Germany), Emerson Electric Co(US),TROX(Germany), DAIKIN INDUSTRIES, Ltd.,(Japan),KMC Controls(US), Barcol Air Ltd(Switzerland).


Commercial buildings application segment accounts for the largest market size during the forecast period


The commercial buildings segment is increasing owing to the rising demand for variable air volume (VAV) systems in the hospitality sector, retail sector, offices, and warehouses. The countries in the Middle East and Africa, such as the UAE and Saudi Arabia, are emerged as lucrative locations for the hospitality sector, retail sector. Hence, global investors are commencing their operating units in these countries. All such attributes are fueling the installations of variable air volume (VAV) systems in the commercial buildings application segment

By type, the single-duct VAV systems are expected to be the largest contributor in the market during the forecast period.

Based on type, the variable air volume (VAV) systems segment is likely to account for the largest share of the market in 2019. The growth of single-dut VAV systems segment is spurred by its growing demand in industrial buildings applications, especially in countries like China, India, Southeast Asia.
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Tuesday, August 20, 2019

Release Liners Market worth 93.02 Billion USD by 2022

The global release liners market was valued at USD 64.50 Billion in 2016, and is projected to reach USD 93.02 Billion by 2022, at a CAGR of 6.4% from 2017 to 2022.
Key players operating in the global release liners market include The 3M Company (US), Mondi Group (Austria), Sappi Limited (South Africa), Ahlstrom-Munksjo (Sweden), LINTEC Corporation (Japan), Polyplex Corporation Ltd. (India), Eastman Chemical Company (US), Gascogne  (France), UPM (Finland), and Loparex (US).
Key Target Audience:
  • Raw Material Suppliers
  • Release liners Manufacturers
  • Traders, Distributors, and Suppliers of Release liners
  • Government & Regional Agencies, Research Organizations, and Investment Research Firms

On the basis of Application:
  • Labels
  • Pressure-sensitive tapes
  • Hygiene
  • Industrial
  • Graphic Arts
  • Medical
  • Others
Labels is estimated to be the largest application segment of the global release liners market
Among the various applications, the labels segment is estimated to be the largest application segment of the global release liners market. Release liners are used in the automotive industry, particularly in gaskets and accessories. Properties such as durability and high strength of release liners make them preferred in the automotive industry.
Silicone is projected to be the fastest-growing material type in the global release liners market
Silicone release liners has many important consumer and industrial applications such as postage stamps, envelopes, and bar code labels. Silicone as additives help provide resistance to slip, moisture, and abrasion, improved adhesion, anti-blocking properties, gloss, foam control, and many other benefits. The demand for silicone release liners is growing due to their increased usage in the graphic arts, medical, and packaging industries.

Tuesday, August 13, 2019

Market Leader - Alpha Olefins Market



The global market for alpha olefins is expected to witness high growth between 2017 and 2022. Increasing demand from end-use industries such as automobiles and packaging are expected to drive the alpha olefins market. Shale gas, which is rich is olefin content, has been discovered in several countries recently, and thus has led to an expansion of the olefin industry. Abundant availability of cheap natural gas-based feedstock from North America’s highly productive shale has led to the growth of the alpha olefins industry. This increase in the availability of ethane and propane feedstock from shale gas has prompted nearly all major North American alpha olefin producers to announce ethylene/propylene or alpha olefins capacity additions.



The global alpha olefins market has a large number of market players; however the market is led by some major players, such as Shell (The Netherlands), Chevron Phillips (US), Ineos (Switzerland), SABIC (Saudi Arabia), Sasol (South Africa), Evonik (Germany), Dow Chemical (US), ExxonMobil (US), PJSC Nizhnekamskneftekhim (Russia), and Qatar Chemical Company Ltd. (Qatar), among 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.
Market Segmentation, by Application:
  • Polyolefin Co-monomers
  • Surfactants and Intermediates
  • Lubricants
  • Fine Chemicals
  • Plasticizers
  • Oil Field Chemicals
  • Others


The oil field chemicals application is projected to register the highest CAGR in the alpha olefins market during the forecast period.

The discovery of oil fields in the emerging regions is boosting the demand for specialty oil field chemicals, which is expected to fuel the alpha olefins market in the oil field chemicals segment during the forecast period. The second fastest-growing application of alpha-olefins is polyolefin comonomers. The advancement of polymer technology and demand from the packaging industry are the main drivers for the market in this segment.

Monday, August 12, 2019

Polyisoprene to Be the Dominant Application of Isoprene (Detailed Analysis on Isoprene Market)

The Isoprene Market was valued at USD 1.93 billion in 2015 and is projected to reach USD 2.96 billion by 2021, at a CAGR of 7.4%, from 2016 to 2021. About 70% of isoprene is used to manufacture synthetic rubber called polyisoprene. Polyisoprene has the same basic formula as natural rubber, and thus it is a synthetic version of natural rubber, having the same properties as natural rubber. Also, isoprene is largely used in manufacturing SIS, IIR, and other derivatives. The tire industry is experiencing high growth because of the growing automotive industry.

Market Dynamics

Drivers -
  • Growth in the synthetic rubber industry to increase the production of isoprene
  • Demand for polyisoprene rubber in the medical sector
Opportunities - 
  • Developing countries in Asia- Pacific offer substantial growth opportunities
  • Growing demand for improved performance and low rolling resistant tires providing growth opportunities for isoprene
Challenges -
  • Regional demand-supply gaps
  • Crude oil price fluctuations

Some of the major players in the isoprene market include Nizhnekamskneftekhim (Russia), SIBUR (Russia), The Goodyear Tire & Rubber Company (U.S.), Royal Dutch Shell Plc (Netherlands), Kuraray Co. Ltd. (Japan), ZEON Corporation (Japan), and LyondellBasell Industries N.V. (U.S.). 
Growth in the synthetic rubber industry to increase the production of isoprene
The growth of the isoprene industry is directly related to the growth of the synthetic rubber industry. Isoprene manufacturers are impacted by the trends in the tire industry and other related synthetic rubber products. The growth in the tire industry is, in turn, dependent on the automotive industry that is growing and projected to witness a global sales rise of 60% by 2020. The global rubber production has been increasing since 2000. The world’s rubber production in 2010 was 23,680 kilotons, which increased to 26,774 kilotons in 2015.

Tuesday, August 6, 2019

Cast Acrylic Sheets Market Worth 4.38 Billion USD by 2022



The report “Cast Acrylic Sheets Market by Type (Cell Cast Acrylic Sheet, Continuous Cast Acrylic Sheet), Application (Sanitary Ware, Signage & Display, Architecture & Interior Design, Automotive & Transportation), and Region – Global Forecast to 2022” The cast acrylic sheets market is projected to grow from an estimated USD 3.31 Billion in 2017 to USD 4.38 Billion by 2022, at a CAGR of 5.8% during the forecast period. Cast acrylic sheets are used in sanitary wares, signage & displays, architectural designs, interior design, automotive & transportation, and other applications. Other applications include food, medical, industrial equipment, and sports. Cast acrylic sheets are used as a cost-efficient substitute for materials such as glass, wood, ceramic, and metal in these applications. The focus on reducing the weight of products is fueling the growth of the cast acrylic sheets market.



Key companies operating in the cast acrylic sheets market are Altuglas International (France), Aristech Acrylics (US), Evonik (Germany), Mitsubishi Chemical (Japan), and 3A Composites (Germany).


The Objectives of the Report are as follows:

  • To define, describe, and forecast the cast acrylic sheets market on the basis of type, application, and region
  • To identify factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the cast acrylic sheets market during the forecast period
  • To forecast the size of the cast acrylic sheets market, in terms of volume and value
  • To analyze the detailed segmentation of the cast acrylic sheets market and forecast the market size, in terms of volume and value, for 5 key regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To analyze competitive developments such as expansions, new product developments, joint ventures, and mergers & acquisitions in the cast acrylic sheets market
  • To profile the leading players operating in the cast acrylic sheets market and identify their core competencies
The cell cast acrylic sheet is projected to be the largest type segment of the cast acrylic sheets market from 2017 to 2022.
Cell cast is the oldest and most expensive method of producing acrylic sheets. The cell cast acrylic sheet segment accounted for the largest share of the overall cast acrylic sheets market in 2016. Investments and the cost of equipment used for the production of cell cast acrylic sheets are less than extruded cast sheets and continuous cast sheets. However, the overall cost of cell cast acrylic sheets is higher than continuous cast acrylic sheets, as it is a labor-intensive process. This factor is responsible for the high market share of the cell cast acrylic sheet type segment.

Friday, August 2, 2019

Benzoic Acid Market Worth 1,313.5 Million USD by 2023

The report "Benzoic Acid Market by Application (Benzoates, Benzoate Plasticizers, Alkyd Resins, Benzoyl Chloride, Animal Feed Additive), End-Use Industry (Food & Beverages, Chemical, Pharmaceutical), and Region - Global Forecast to 2023"The global benzoic acid market is projected to grow from USD 1,009.9 Million in 2018 to USD 1,313.5 Million by 2023, at a CAGR of 5.4% from 2018 to 2023. The growth of the benzoic acid market is driven by the rising demand for benzoic acid from the food & beverages industry; the ongoing urbanization and changing consumer lifestyle, particularly in the Asia Pacific region; and the increasing demand for processed food & beverages.
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Key players operating in the benzoic acid market include Emerald Performance Materials (US), Wuhan Youji Industries Co. (China), Tianjin Dongda Chemical Group (China), and Liao Ning Huayi Chemical Industry & Commerce Co. (China), among others. These companies focus on investing in capacity expansions of plants to achieve growth in the benzoic acid market.

The benzoates segment is estimated to account for the largest share of the benzoic acid market, by application for the forecast period.
Based on application, the benzoates segment which includes sodium benzoate and potassium benzoate is estimated to account for the largest share of the benzoic acid market in 2018. The growth of this segment of the market can be attributed to increased use of benzoates in processed food items in emerging economies.
The pharmaceutical segment is estimated to be the fastest-growing end-use industry segment of the benzoic acid market during the forecast period.
Based on end-use industry, the pharmaceutical segment is expected to grow at the highest rate, due to the growing demand from emerging economies of the Asia Pacific and South American regions. Benzoic acid is very effective in the prevention of bacterial infection. It is used as an antimicrobial preservative, an antifungal agent, and as a tablet & capsule lubricant.
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Asia Pacific is expected to hold the largest share of the benzoic acid market during the forecast period.
China is the largest market for benzoic acid in the Asia Pacific region. The growth in power and chemical industries is projected to be the key driving factor for the benzoic acid in the Asia Pacific region. The growing consumption of frozen food items in China is also leading to the growth of the benzoic acid market in the country. Increased demand for phthalate-free plasticizers from the country is another factor driving the consumption of benzoic acid in China. China is the largest consumer of non-phthalate plasticizers in the Asia Pacific region.

Metallized Film Market worth $3.3 billion by 2026

The report   " Metallized Film Market  by Material Type (PP and PET), Metal (Aluminum), End-use Industry (Packaging, Decorative), And R...