Polyolefin powders market was valued at USD 6.46 Billion in 2016 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% between 2017 and 2022. The report segments the polyolefin powders market on the basis of chemistry into polyethylene, polypropylene and EVA; on the basis of end-use industry into toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others; on the basis of application into rotomolding, masterbatch, and others, and region into North America, Europe, APAC, the Middle East & Africa, and South America. Base year considered for the study is 2016, while the forecast period is between 2017 and 2022.
♦ Major Key Players -
Polyolefin powders are manufactured by grinding raw polyolefin pellets under cryogenic conditions in the presence of grinding aids. Major players in the market are LyondellBasell (Netherlands), Ineos (Switzerland), Borealis (Austria), Mitsui Chemical (Japan), SABIC (Saudi Arabia), Exxon Mobil (US), and others.
The transcritical CO2 systems market is estimated to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a CAGR of 17.9%. The major driving factors for the transcritical CO2 systems market are the low environmental impact of transcritical CO2 systems; phasing out of CFC, HCFC, and HFC refrigerants; increasing demand for refrigeration and air-conditioning applications; and low operating costs of transcritical CO2 refrigeration systems.
The refrigeration function segment is expected to grow at the highest rate due to the increasing demand from the construction and infrastructure sectors.
Refrigeration is mostly used in supermarkets and convenience stores. Transcritical CO2 refrigeration has a high safety rating and is non-toxic and non-flammable. Additionally, these systems are used in the refrigeration processes due to their high volumetric cooling capacity.
Supermarkets & convenience stores application segment is the largest segment.
Refrigeration systems account for more than 50% of the total electricity consumption in supermarkets. The use of transcritical CO₂ helps retailers reduce energy consumption by reducing the maintenance cost of refrigeration systems. Transcritical CO2 systems operate at higher pressure than other refrigeration systems. Low Ozone-Depletion Potential (ODP) and low Global Warming Potential (GWP) of these systems make them preferable in supermarkets in Europe, Australia, and Japan. ♦ Request Free Sample Report - https://www.marketsandmarkets.com/requestsampleNew.asp?id=201387678
♦ Companies covered -
Carrier Commercial Refrigeration (US), Green & Cool World Refrigeration AB (Sweden), Hillphoenix, Inc. (US), Advansor (Denmark), Danfoss (Denmark), BITZER (Germany), Carnot Refrigeration (Canada), SCM Frigo S.p.A. (Italy), Emerson Climate Technologies (US), Baltimore Aircoil Company (US), Henry Technologies, Inc. (US), Systemes LMP, Inc. (Canada), Mayekawa Mfg. Co., Ltd. (Japan) and Panasonic (Japan)
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The market for caprolactam is estimated to grow from USD 13.1 billion in 2018 to USD 15.6 billion by 2023, at a CAGR of 3.59% during the forecast period. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023.
♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=108120798 In 2017, the caprolactam market in the nylon 6 fibers segment accounted for the largest share of 47.3%, in terms of volume, and is projected to register a CAGR of 2.90% between 2018 and 2023. The caprolactam market in the nylon 6 engineering plastics segment is projected to register a CAGR of 3.54%, in terms of value, between 2018 and 2023. The increasing demand for caprolactam in engineering plastics and films application is expected to drive the market for caprolactam. The high growth of the caprolactam market is primarily due to the growing electrical & electronics and automotive industries.
Market Dynamics
• Driver Need for lightweight automotive vehicles
The application of polyamide 6 in the automotive sector started in the 1950s. The application was limited to seat covers and a few small parts of automobiles. After 2000, the application of polyamide 6 in the automotive sector increased to a great extent.
• Restraint Moisture absorption resulting in degradation of properties
Polyamide 6 is made from the polymerization of caprolactam and is known to have properties such as strength, stiffness, high thermal resistance, and high abrasion resistance, but the absorption of moisture is the key parameter considered during its selection. The products containing polyamide absorb moisture, thereby, decreasing their physical properties and making the product stiff.
• Challenge Strict regulations in China
In China, there are various regulations pertaining to the use of chemicals such as occupational exposure limits for hazardous chemicals, safety rules for classification, precautionary labeling and precautionary statements of chemicals, regulations on the safe management of hazardous chemicals, and restrictions and prohibitions regarding the import and export of certain chemicals. Caprolactam Market worth $17.7 billion by 2027
To speak to our analyst for a discussion on the above findings, click: Speak to Analyst
Key Market Players -
The major players in the caprolactam market are AdvanSix Inc. (US), Alpek S.A.B. de C.V. (Mexico), The Aquafil Group (Italy), BASF SE (Germany), Capro Co. (South Korea), China Petrochemical Development Corporation (Taiwan), Domo Chemicals (Germany), Grupa Azoty (Poland), Gujarat State Fertilizers & Chemicals Limited (India), Highsun Group (China), KuibyshevAzot PJSC (Russia), Lanxess AG (Germany), Luxi Chemical Group Co., Ltd. (China), China Petroleum & Chemical Corporation (Sinopec) (China), Spolana (Czech Republic), Sumitomo Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Ube Industries, Ltd. (Japan), and Zhejiang Hengyi Group Co., Ltd. (China).
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
Stringent regulations regarding sustainability, coupled with changing preferences towards more sustainable packaging materials are some of the major factors for growth of the sustainable packaging industry. Degradable packaging is the fastest-growing process in the sustainable packaging market. In the material segment, paper & paperboard packaging is projected to grow at the highest rate. In terms of application, the food & beverage packaging segment is the fastest-growing segment, followed by the personal care packaging segment.
Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020
♦ Key Market Players -
This report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past five years. Also, market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players of the market, which include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.), and Huhtamaki OYJ (Finland) have been profiled to provide an insight of the competitive scenario in the market. On the basis of function:
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The global adhesion promoter market was valued at USD 2.51 Billion in 2015, and is projected to reach USD 3.64 Billion by 2021, at a CAGR of 6.4% between 2016 and 2021.
The global adhesion promoters market has been categorized on the basis of type, application, and region. In terms of value, the silane segment led the global adhesion promoter market in 2015. The market is categorized on the basis of application into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. Innovations in advanced composites and multilayer packaging have increased the demand of adhesion promoter in the plastics & composites application. The adhesion promoter market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, owing to the rising demand of paints & coatings in the automotive and construction sectors. The report on the adhesion promoter market considered 2015 as the base year, and the forecast period from 2016 to 2021.
Adhesion Promoter Traders, Distributors, and Suppliers
Manufacturers in End-Use Industries
Associations and Industry Bodies
On the basis of Application, the adhesion promoter market is segmented into:
Plastics & Composites
Paints & Coatings
Rubber
Adhesives
Metals
Others
A wide range of adhesion promoters are available in the market. Silane is the major type of adhesion promoters used in paints & coatings, rubber, and tire applications. It is also utilized in the automotive and construction industries. Maleic anhydride is the second-largest type of adhesion promoters. Its major application is in plastics & composites. It is also used in packaging, automotive, wire & cable, and recycling industries.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
Methanol Market size was of worth USD 29.62 Billion in 2015, and is expected to register a CAGR of 12.4% between 2016 and 2021. In this study, 2015 is considered as the base year and 2021 as the forecasted year for estimating market size of methanol. The objective of the study are:
To define and segment the methanol market by feedstock, derivative, sub-derivative, end-use industry, and region
To estimate and forecast the market for methanol, in terms of value and volume
To estimate and forecast the market for methanol by feedstock, derivatives, sub-derivatives, end-use industry, and region at country level
The feedstock suppliers in the methanol market are oil & gas producing companies and coal mining companies. British Petroleum (U.K.), Shell (Netherlands), CNOOC (China), PEMEX (Mexico), China Shenhua Energy (China), Amuminium Corporation of China Limited (China), China Coal Energy (China), and others provide feedstock, namely, natural gas, and coal to the methanol manufacturers. Methanol manufacturing companies such as Methanex Corporation (Canada), SABIC (Saudi Arabia), and Mitsui & Co., Ltd. (Japan) process these feedstocks to prepare different types of methanol derivatives and sub-derivatives, which are suitable for various end-use industries incorporating new technologies.
On the Basis of End-use Industry:
Construction
Automotive
Electronics
Appliances
Solvents
Pharmaceuticals
Insulation
Packaging (PET Bottles)
Paints & Coatings
Others
Available Customizations: The following customization options are available in the report:
Company Information
Analysis and profiling of additional global as well as regional market players (Up to 3)
The global methanol market size, in terms of value, is projected to reach USD 54.16 Billion by 2021, at a CAGR of 12.4% between 2016 and 2021. The increasing use of methanol as fuel in the automotive industry, increasing olefins production from methanol-to-olefin/methanol-to-propylene (MTO/MTP) plants in China, increasing petrochemicals demand, globally, continuous expansions, and various joint ventures & agreements undertaken by different companies are the key factors for the growth of the global market.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The Gas Analyzer market was USD 2.78 Billion in 2014 and is projected to reach USD 4.06 Billion by 2021, at a CAGR of 5.7% from 2017 to 2022. In this study, 2015 has been considered as the base year, while the forecast period has been considered from 2016 to 2021.
In this report, the market sizes have been derived through various research methodologies. In the secondary research process, different sources have been referred to, to identify and collect information for this study on the GASD market. These secondary sources include annual reports, press releases, and investor presentations of companies; associations such as American Gas Association, Online analyzer and fire & gas detection system, Analyzer Professional Group; and white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. The bottom-up approach has been used to estimate the market size, in terms of value. The top-down approach has been implemented to validate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, exact values of the sizes of the overall parent market and individual markets have been determined and confirmed in this study.
The GASD market is undergoing high-value research activities to create new equipment and processes to minimize toxic gas hazards. One of the major problems is the wide price range that makes device choosing and deriving optimal cost effectiveness very difficult.
Market players such as Honeywell International, Inc. (U.S.), ABB Ltd. (Switzerland), General Electric Co. (U.S.), Emerson Electric Co. (U.S.), Figaro Engineering Inc. (Japan), and Drägerwerk AG & Co. KGaA (Germany) focus on expanding their regional reach. Other development strategies adopted by market players are new product launches, agreements & collaborations, and mergers & acquisitions.
The global hexagonal-Boron Nitride (h-BN) powder market was USD 611.5 Million in 2015, and is estimated to reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021.
The objectives of the report are as follows:
To define and segment the global h-BN powder market on the basis of application and region
To provide detailed information regarding major factors influencing the growth of the global h-BN powder market (drivers, restraints, opportunities, and challenges)
To analyze and forecast the global market size of h-BN powder, in terms of value
To analyze the market segmentation and make a projection of the market, in terms of value, for key regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa
To analyze competitive developments such as new product launches, expansions, mergers & acquisitions, and partnerships & agreements in the global h-BN powder market
To strategically profile key players in the global h-BN powder market
The value chain of the h-BN powder market starts with the sourcing of basic raw materials, manufacturing and supplying to intermediate product manufacturers, and ends with use in the various end-use applications. The raw materials for these products are boric acid, borax, calcium borate, melamine, ammonia, urea, nitrogen gas and other boron and nitrogen containing compounds. Suppliers of these raw materials include U.S. Borax, Inc. (the U.S.), Searles Valley Minerals (the U.S), Yara International (Norway), CF Industries Holdings, Inc. (the U.S.), Ab Etiproducts Oy (Finland), Russian Bor (Russia), Dalian Jinma Boron Technology Group., Inc. (China), and Dashiqiao Huaxin Chemical Co., Ltd. (China). The major manufacturers of h-BN powder include Saint-Gobain S.A. (France), 3M (U.S.), Denka Company ltd. (Japan), Showa Denko K.K. (Japan), Kennametal Inc. (U.S.), Momentive Performance Materials Inc. (U.S.), HC Starck GmbH (Germany), Mizushima Ferroalloy Co., Ltd. (Japan), ZYP Coatings, Inc. (U.S.), and Henze Boron Nitride Products AG (Germany). On the basis of Application:
Coatings & mold release
Electrical insulation
Lubrication-industrial
Composites
Personal care
Paints
Lubricants-food
Thermal spray
Others (dental cements, pencil leads and synthesizing of cubic-BN)
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The biodiesel market size was is estimated to be USD 34.1 billion, in 2016, and is projected to reach USD 41.2 billion, by 2021, at a CAGR of 3.8%, between 2016 and 2021. Increasing demand for environmentally-friendly fuels that reduce greenhouse gas emissions and ensure complete burning is an important factor driving the biodiesel market. The support of the government for biodiesel production by providing subsidies and imposing mandates indicates a continued growth of the market.
The vegetable oils segment accounted for the largest share of the market.
Feedstock obtained from vegetable oils such as rapeseed oil, soybean oil, and palm oil accounts for the largest share in the production of biodiesel. The feedstock used in a particular country depends on the availability of crops in that country. For instance, rapeseed oil is currently the most common feedstock used in biodiesel production, followed by soybean oil. Rapeseed oil is commonly used in many European countries for biodiesel production, whereas soybean oil is used in the U.S. and Argentina. Coconut oil and palm oil is used in Malaysia and Indonesia. Fuel is projected to be the fastest-growing application of biodiesel during the forecast period.
Fuel application accounted for the largest share of in 2015, owing to the increasing consumption of biodiesel fuel in marine, automotive, railway, and agriculture industries. Biodiesel has a higher lubricity (50:1) than that of conventional petroleum diesel, which is also driving its application as fuel.
The global silk market is projected to be valued at USD 16.94 billion by 2021, at a CAGR of 7.8% from 2016 to 2021. In this study, 2015 has been considered the base year and 2016 to 2021, the forecast period, to estimate the global market of silk. The growing demand in the Asia-Pacific, coupled with the growing demand for textile goods is expected to drive the global silk market during the forecast period.
Textile application is driving the demand in silk market
Textile is the fastest-growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and evolving in terms of demand and supply. Silk is used in textiles for its lustrous appearance, luxurious feel, lightweight, resilient, and strength. It is used in many types of apparel such as wedding dresses, gowns, blouses, scarves, neckties as well as in many household products such as pillows, wall hangings, draperies, upholstery.
Detailed analysis and profiling of additional market players (Up to 3)
The global silk market is projected to reach USD 16.94 billion by 2021, at a CAGR of 7.8% from 2016 to 2021. Silk is experiencing a high demand from the Asia-Pacific region mainly from China. Asia-Pacific is the largest producer of raw silk which makes it the region with easy availability of raw material. Silk find application majorly in textile industry. Increasing demand from textile industry promoted the usage of silk. Technological development in the sericulture industry is expected to further drive the silk market.
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.
To define and segment the seamless pipes market by type, material, production process, end-use industry, and region
To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market
To analyze and forecast the demand for seamless pipes, in terms of value and volume
To estimate, analyze, and forecast the seamless pipes market with respect regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa and key countries in the region.
The seamless pipes market has a diversified ecosystem, which includes seamless pipe manufacturers, raw material suppliers, along with project contractors and service providers, vendors, end users, and government organizations. Companies operating in the global seamless pipes market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (U.S.), Schulz USA (U.S.), ChelPipe (Russia), EVRAZ Plc (U.K.), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
The following customization options are available for the report:
Along with the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Product matrix, which gives a detailed comparison of new products and market trends in each industry
Further breakdown of a region with respect to a particular country and end-use industry
Detailed analysis and profiles of companies in various end-use industries (up to five)
Contact: Mr. Sanjay Gupta MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
Bonding Films Market was valued at USD 613.5 Million in 2016 and is projected to reach USD 985.5 Million by 2022, at a CAGR of 8.2% between 2017 and 2022. In this report, 2016 has been considered as the base year and the forecast period has been considered from 2017 to 2022.
To define, describe, and analyze the bonding films market on the basis of type, technology, end-use industry, and region
To forecast and analyze the size of the bonding films market (in terms of value) in five key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, and Rest of the World (RoW)
To forecast and analyze the bonding films market at the country level in each region
This research study involves the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the market for bonding films.
♦ Key Market Players -
The bonding films value chain includes raw material manufacturers such as Nanya Plastics Corporation (Taiwan), 3M (US), Huntsman International LLC. (US), etc. that manufacture epoxy, acrylic, polyurethane, and other types of resins. These resins are used by manufacturers to develop various types of bonding films that are further used by various other companies such as Tokyo Electron Limited (Japan), Hexcel Corporation (US), etc. in various high-end applications.
Bonding Films Market, by Technology:
The bonding films market has been segmented on the basis of the technology into:
Thermally Cured
Pressure Cured
Others (Chemically Cured and Light cured)
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
polyolefin powders market was valued at USD 6.46 Billion in 2016 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% between 2017 and 2022. The report segments the polyolefin powders market on the basis of chemistry into polyethylene, polypropylene and EVA; on the basis of end-use industry into toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others; on the basis of application into rotomolding, masterbatch, and others, and region into North America, Europe, APAC, the Middle East & Africa, and South America. Base year considered for the study is 2016, while the forecast period is between 2017 and 2022. The rise in demand for polyolefin powders in various end-use industries, such as toys, tanks & containers, automotive & transportation, and paints & coatings is driving the polyolefin powders market.
Top-down and bottom-up approaches have been used to estimate and validate the size of the global market and various other dependent submarkets in the overall polyolefin powders market. The research study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, Chemical Fabrics & Film Association (CFFA), The Association of Rotational Molders (ARM), European Chemical Agency (ECA), European Automobile Manufacturers Association (ACEA), Independent Cosmetics Manufacturers And Distributors (ICMAD) and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the polyolefin powders market.
Key Target Audience:
Polyolefin Powders Manufacturers
Raw Material Suppliers
Traders, Distributors, and Suppliers of Polyolefin Powders
Regional Manufacturer Associations and General Polyolefin Powders Associations
Government & Regional Agencies and Research Organizations
Products based on plastics microbeads such as PE and PP are banned in most countries of Europe and North America due to their effects on the environment and marine food cycle. Thus, this factor is restraining the growth of polyolefin powder market in these regions.
Contact: Mr. Sanjay Gupta MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
Fire Resistant Cable Market was valued at USD 1.70 Billion in 2017 and is projected to reach 2.06 Billion by 2023 at a CAGR of 3.2% from 2018 to 2023.
Target Audience
Manufacturers of Fire Resistant Cables
Traders, Distributors, and Suppliers of Fire Resistant Cables
End-use Industries
Government and Research Organizations
Associations and Industrial Bodies
Research and Consulting Firms
R&D Institutions
Environment Support Agencies
Investment Banks and Private Equity Firms
“This study answers several questions for stakeholders, primarily the market segments which they need to focus upon during the next two to five years so that they may prioritize their efforts and investments accordingly.”
♦ Key Market Players -
The fire resistant cable market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies 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. 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.
Contact: Mr. Sanjay Gupta MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
Sensor Bearing Market by Functionality (Speed, Temperature, Vibration, Displacement), Application (ABS, Material Handling Equipment, Electric Motors), End-use Industry (Automotive, Transportation, Metal & Mining), and Region - Global Forecast to 2023
The sensor bearing market is estimated to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a CAGR of 5.2%. The major factors driving the sensor bearing market are increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries.
The speed functionality segment is expected to grow at the highest CAGR due to the increasing demand from the automotive industry
The demand for sensor bearings used to measure the speed of rotating shafts and wheels is increasing in the automotive industry. Presently, over 90% vehicles that ply on roads are equipped with wheel speed sensors. Additionally, the US and some member countries of the European Union have made the use of ABS and ESC systems mandatory in passenger cars since 2011 and 2014, respectively, thereby leading to the increasing demand for sensor bearings.
ABS application segment is projected to be the leading segment
ABS control systems determine the requirement of using anti-lock braking. High demand for vehicles with ABS in developed countries is leading to the growth of the ABS segment of the sensor bearing market. Moreover, the US and some member countries of the European Union have also made the use of ABS and ESC systems mandatory in vehicles since 2011 and 2014, respectively. This is also leading to the growth of the ABS segment. Based on Application, the sensor bearing market is segmented into:
ABS (Anti-lock Braking System)
Material Handling Equipment
Electric Motors
Others (blowers, wind turbines, pumps, and compressors)
Based on End-use industry, the sensor bearing market is segmented into:
In June 2018, SKF and National Renewable Energy Laboratory (NREL) entered into a three-year collaboration to study wind turbine drivetrains. Sensors installed in the bearing will be installed to measure gearbox condition and shaft bearing. The project will be an ideal opportunity for SKF to showcase its expertise in the wind energy industry.
In January 2018, SKF and Koncar KEV signed an agreement for the supply of bearings, axle boxes, and associated equipment for its latest low-floor electric and diesel-electric multiple unit trains.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
