High Temperature Thermoplastics Market worth 21.70 Billion USD by 2022 (Analysis of Covid19 Impact)

 The report “High Temperature Thermoplastics Market by End-use Industry (Transportation, Electrical & Electronics, Industrial, Medical), Resin Type (High Temperature FPs, HPPA, PPS, SP, LCP, AKP, PI), Temperature Range, and Region - Global Forecast to 2022”, The High Temperature Thermoplastics (HTTs) market is estimated at USD 14.28 Billion in 2017 and is projected to reach USD 21.70 Billion by 2022, at a CAGR of 8.57% from 2017 to 2022. The market is driven by the replacement of conventional materials with high temperature thermoplastics in high dimensional stability and high temperature applications.

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Browse 68 Market Data Tables and 47 Figures spread through 150 Pages and in-depth TOC on “High Temperature Thermoplastics Market by End-use Industry (Transportation, Electrical & Electronics, Industrial, Medical), Resin Type (High Temperature FPs, HPPA, PPS, SP, LCP, AKP, PI), Temperature Range, and Region - Global Forecast to 2022”

Transportation industry is at the forefront and is driving the high temperature thermoplastics market

High temperature thermoplastics are widely used in electrical & electronics, medical, transportation, industrial, and other end-use industries due to their superior properties such as recyclability and improved stability at high temperatures. The transportation end-use industry accounted for the largest market share, in terms of value as well as volume in 2016, followed by electrical & electronics, industrial, medical, and others. The transportation industry includes aerospace and automotive. In automotive industry, HTTs are used in drivetrain systems, fuel systems, cooling & heating systems, electrical & electronics systems, mechanical gears, air intake systems, and so on. The medical end-use industry segment is estimated to grow at the highest CAGR between 2017 and 2022, in terms of value, among all the industries considered.

High temperature thermoplastics (range 302˚F-449.6˚F) segment accounts for a major market share in the high temperature thermoplastics market

High temperature thermoplastics can be classified into two types: high temperature thermoplastics (range 302˚F-449.6˚F) and extreme temperature thermoplastics (Range >449.6˚F), on the basis of their maximum continuous service temperature. The high temperature thermoplastics (range 302˚F-449.6˚F) segment accounts for the major share in the high temperature thermoplastics market. The extreme temperature thermoplastics (range >449.6˚F) segment is expected to grow at a higher CAGR of 8.95% in terms of value during the forecast period.

♦ Major Key Players -

Some of the key players in the HTTs market are BASF (Germany), Celanese Corporation (US), Solvay (Belgium), Arkema (France), Evonik Industries (Germany), DowDuPont (US), SABIC (Saudi Arabia), Victrex (UK), Royal DSM (Netherlands), and Toray (Japan).

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Polyurethane Elastomers Market Worth 16.63 Billion USD By 2022

The global PU elastomers market is estimated to grow from USD 12.47 Billion in 2017 to USD 16.63 Billion by 2022, at a CAGR of 5.9% from 2017 to 2022.

The report “Polyurethane Elastomers Market by Type (Thermoset Polyurethane Elastomers and TPU Elastomers), Application (Footwear, Automotive & Transportation, Industrial Machinery, Building & Construction), and Region – Global Forecast to 2022”, Globally, people are opting for products that deliver outstanding performance and have a long life. PU elastomers are used as a replacement for standard elastomers, metals, and rubbers because of their unique set of properties such as heat resistance, weathering resistance, ozone resistance, chemical resistance, oil & gas resistance, aging resistance, flexibility, durability, and huge variety. These factors ultimately increase the demand for PU elastomers globally.

Browse 75 market data tables and 38 figures spread through 125 pages and in-depth TOC on “Polyurethane Elastomers Market by Type (Thermoset Polyurethane Elastomers and TPU Elastomers), Application (Footwear, Automotive & Transportation, Industrial Machinery, Building & Construction), and Region – Global Forecast to 2022”

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♦ Major Key Players –

Some of the major players active in the global polyurethane elastomers market include BASF (Germany), Dow (US), Huntsman (US), Covestro (Germany), Mitsui Chemicals, (Japan), Chemtura Corporation (US), Lubrizol Corporation (US), P+S Polyurethan-Elastomere (Germany), Tosoh (Japan), and Wanhua Chemical (China).

On the Basis of Application:

• Footwear
• Automotive & Transportation
• Industrial Machinery
• Building & Construction

Footwear application is estimated to lead the PU elastomers market during the forecast period.

PU elastomers are majorly used in footwear application for the perfect combination of ergonomics, microclimate, and sensation to deliver the most comfortable experience to consumers. High abrasion resistance, light weight, and excellent long-term mechanical properties are preferable for hardwearing shoe soles in footwear applications.

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Tetrahydrofuran (THF) Market Worth 4.12 Billion USD By 2022

 The report “Tetrahydrofuran (THF) Market by Application (PTMEG, Solvents), Technology (Reppe Process, Davy Process, Propylene Oxide Process, Butadiene Process), and Region (Asia Pacific, North America, Europe, RoW) - Global Forecast to 2022”, The THF market is projected to grow from USD 2.95 Billion in 2017 to USD 4.12 Billion by 2022, at a CAGR of 6.9% from 2017 to 2022.

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Browse 60 market data Tables and 33 Figures spread through 100 Pages and in-depth TOC on “Tetrahydrofuran (THF) Market by Application (PTMEG, Solvents), Technology (Reppe Process, Davy Process, Propylene Oxide Process, Butadiene Process), and Region (Asia Pacific, North America, Europe, RoW) - Global Forecast to 2022”

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High demand for spandex and polyurethane across the globe is driving the growth of the THF market. Increased demand for spandex from the textile and apparel industries due to the high strength and elasticity offered by spandex has led to increase in the production of Polytetramethylene Ether Glycol (PTMEG), thereby leading to the growth of the THF market. The growing demand for tetrahydrofuran from the chemical and textile industries is also leading to the growth of the THF market. The textile industry in emerging economies such as China and India is expected to witness increased demand for tetrahydrofuran during the forecast period.

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.

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.

The Asia Pacific THF market is projected to grow at the highest CAGR, in terms of volume during the forecast period.

The Asia Pacific region is the largest market for tetrahydrofuran. The Asia Pacific THF market is projected to grow at the highest CAGR, in terms of volume. Countries such as China and South Korea of the Asia Pacific region are expected to witness high growth during the forecast period. The Asia Pacific region is also a major market for textiles, packaging, automotive, and chemical processing, globally. Countries in the Asia Pacific region are expanding their production capacities and investing in new projects to decrease their dependence on imports, thereby fueling the regional energy security and autonomy. China has enormous production capacities for 1,4-Butanediol (BDO) and tetrahydrofuran. Moreover, the growing purchasing capacity of consumers, increasing dispensable income of the middle class population, and growing awareness among masses about benefits of fitness activities have surged the demand for spandex in sportswear. Government support for the promotion of various sports events in the Asia Pacific region has also led to increased demand for sportswear from the region, thereby leading to the increased demand for spandex. This, in turn, is contributing to the growth of the Asia Pacific THF market.

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Key Players in the THF Market

The key players operating in the THF market are 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. These companies have adopted various dynamic business strategies to strengthen their position in the THF market.

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Everyone Is Flocking To Work In The Construction Lubricants Market Industry. But Why?

 The construction lubricants market is projected to grow from USD 12.63 Billion in 2017 to USD 15.64 Billion by 2022, at a CAGR of 4.37% between 2017 and 2022.

The report “Construction Lubricants Market by Base Oil (Mineral Oil and Synthetic Oil), Product Type (Hydraulic Fluid, Engine Oil, Gear Oil, Compressor Oil) and Equipment Type (Earthmoving, Material Handling, Heavy Construction Vehicle) - Global Forecast to 2022”, Growth of the construction industry in the APAC and the Middle East & Africa regions coupled with the improved quality of construction lubricants is expected to drive the construction lubricants market during the forecast period.

Browse 104 market data Tables and 41 Figures spread through 135 Pages and in-depth TOC on “Construction Lubricants Market by Base Oil (Mineral Oil and Synthetic Oil), Product Type (Hydraulic Fluid, Engine Oil, Gear Oil, Compressor Oil) and Equipment Type (Earthmoving, Material Handling, Heavy Construction Vehicle) - Global Forecast to 2022”

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The synthetic base oil segment is projected to grow at a higher CAGR during the forecast period.

The construction lubricants market has been segmented on the basis of base oil into mineral oil and synthetic oil (PAO, PAG, Esters, Group III). The synthetic oil segment is projected to register the highest CAGR during the forecast period. Synthetic oil provides high performance and high drain interval than mineral oil. Moreover, due to the implementation of environmental rules and regulations in the developed regions, the market for synthetic oil is expected to register a higher CAGR between 2017 and 2022.

The hydraulic fluid segment is expected to lead the construction lubricants market during the forecast period.

Hydraulic fluid was the largest product type segment of the construction lubricants market, in terms of volume, in 2016. This dominance is mainly attributed to the high demand for hydraulic fluid for use in the heavy load equipment used in the construction industry. As the primary function of hydraulic fluid is energy transmission, the consumption of hydraulic fluid in the construction industry is high. However, due to the high cost and frequent replacement, the engine oil segment dominated the construction lubricants market in terms of value.

APAC is expected to be the largest market for construction lubricants during the forecast period.

The construction lubricants market has been studied for five regions, namely, APAC, North America, Europe, the Middle East & Africa, and South America. APAC is projected to be the largest construction lubricants market during the forecast period due to the massive industrial growth in emerging countries, such as China, India, and South Korea. Domestic and foreign investments in construction have been consistently growing over the past decade in this region. Moreover, the rising investments in infrastructure development in the developing countries of APAC are also fueling the growth of the construction lubricants market in the region.

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Some of the key players in the construction lubricants market include Royal Dutch Shell (Netherlands), ExxonMobil (US), BP (UK), Chevron Corporation (US), Total (France), PetroChina (China), Sinopec (China), LUKOIL (Russia), Indian Oil Corporation (India), and Fuchs Petrolub SE (Germany).

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Polytetrafluoroethylene (PTFE) Market worth $3.60 billion by 2027

 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”.

Browse 77 market data Tables and 34 Figures spread through 134 Pages and in-depth TOC on “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”

Exceptional properties of PTFE, increasing demand for high-performance polymers, high-growth end-use industries, and demand for PTFE in emerging countries are driving the PTFE market. However, the increasing prices of PTFE are restraining the growth of the PTFE market. ePTFE and mPTFE offer significant opportunities, whereas, high investment cost, re-processing in the PTFE market, and stringent environmental regulations are significant challenges for the PTFE market.

On the basis of form, the granular segment is estimated to lead the PTFE market.

Granular PTFE is the most widely used form of PTFE, owing to its low price. The production technology of granular PTFE is less complicated and results in low manufacturing cost. Granular PTFE offers chemical inertness, high-temperature resistance, outstanding chemical resistance, low coefficient of friction, exceptional adhesion, low-temperature toughness, electrical properties, and excellent water repellant properties. Hence, it is used in the manufacturing of semi-finished and finished products such as rods, sheets, bushes, gaskets, seals plates, balls, piston rings, valve seats, expansion joints, diaphragms, piping components, O-rings, v-rings, connectors, and sockets.

Based on end-use industry, the chemical & industrial processing segment is estimated to lead the PTFE market.

PTFE resin is extensively used in the chemical & industrial processing industry in the form of films, gaskets, tubes, coatings, liners, and components in a wide range of machinery and equipment. It is mainly used in the manufacturing of pumps and valves, shaft seals, sliding elements, and friction bearings. Chemical resistance, thermal resistance, and flexural strength properties of PTFE make it suitable for its use in the chemical & industrial processing end-use industry.

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.

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• 

Key Players in the PTFE Market

The key players operating in the PTFE market 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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Cable Testing and Certification Market worth $14.7 billion by 2023

The report “Cable Testing and Certification Market by Voltage (Low Voltage, Medium Voltage and High Voltage), Test (Routine Test, Sample Test and Type Test), End-User (Cable Manufacturers and Utility Providers), and Region - Global Forecast to 2023” The cable testing and certification market is projected to reach USD 14.7 billion by 2023. The cable testing and certification market is estimated at USD 11.3 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 5.4% between 2018 and 2023. The increasing use of cables in various applications, such as electrical & electronics, transportation (automotive & aerospace, rail, and marine), and energy generation & distribution, is expected to drive the cable testing and certification market.

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• Market Size Estimation -

Both top-down and bottom-up approaches were used to estimate and validate the size of the global cable testing and certification market and to estimate the sizes of various other dependent submarkets. The research methodology used to estimate the market size includes the following:

• The key players in the industry were identified through extensive secondary research.
• The supply chain of the industry and market size, in terms of value, were determined through primary and secondary research.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
• All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

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♦ Leading Key Players -

DEKRA (Germany), Underwriters Laboratories (US), British Approvals Service for Cables (UK), SGS (Switzerland), and BRE Global (UK) among the total 22 major players covered.

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Here Is What Experts Are Saying About Production Chemicals Market (Growth, Opportunities, Business Overview, Forecast)

Production chemicals are used for enhancing the recovery of hydrocarbons from the well. Various categories of production chemicals include corrosion inhibitors, scale inhibitors, asphaltene inhibitors, biocides, demulsifies, scavengers, surfactants, and others. These chemicals are added in production to achieve the optimum performance and enhance the effectiveness of the oil recovery.

Global production chemicals market is estimated to reach a market size of $ 6,173.5 Million and registering a CAGR of 5% to 6%.

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Recent boom in the shale oil and gas industry in North America is driving the demand for production chemicals. The factors driving growth in the production chemicals market are increasing production of crude oil, growing drilling activities, and pursuing production from ageing fields. The market is projected to witness huge growth due to enormous potential offered by these drivers. Many of the oil and gas companies are headquartered in this region which boosts the oil and gas industry of North America and the neighboring Latin American region.

The report covers the global production chemicals market in major regions namely North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America. This report analyzes different marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and winning imperatives. Major companies such as Akzonobel NV (The Netherlands), BASF SE (Germany), Croda PLC (U.S.), DuPont (U.S.), Baker Hughes (U.S.), Halliburton, and Schlumberger Limited (U.S.) are profiled.

Table of Contents -
1 Introduction (Page No. - 14)
   1.1 Objectives of the Study
   1.2 Market Definition
   1.3 Market Scope
          1.3.1 Markets Covered
          1.3.2 Years Considered in the Report
   1.4 Currency and Pricing
   1.5 Package Size
   1.6 Limitation
   1.7 Stakeholders

“Browse 89 market tables and 46 figures spread through 143 pages and an in-depth TOC on “Production Chemicals Market”

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Specialty Coatings and Surfactants to be The Largest Functions For The Specialty Chemicals Market

The report “Specialty Chemicals Market by Type (Pesticides, Construction Chemicals, Specialty Oilfield Chemicals, Food Additives, Specialty Polymer and Others), by Function (Antioxidants, Biocides, Surfactants, and Others) - Global Trends & Forecasts to 2020” , defines and segments the specialty chemicals market with an analysis and forecast for types, and functions, in terms of value.

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On the basis of type market: The specialty chemicals market is segmented by type of specialty chemicals, such as advanced ceramic materials, construction chemicals, electronic chemicals, food additives, mining chemicals, oilfield chemicals, pesticides, plastic additives, printing inks, rubber processing chemicals, specialty paper chemicals, textile chemicals, specialty surfactants, specialty polymers, and water management chemicals. Each of these types has been further described in detail in the report with revenue forecasts as well.

On the basis of function: The specialty chemicals market is segmented by functions, such as antioxidants, biocides, catalysts, enzymes, separation membranes, specialty coatings, and specialty pigments, among others. Each function is further described in detail in the report with revenue forecasts as well.

On the basis of region: The specialty chemicals market by type and application is segmented by key regions—Europe, North America, Asia-Pacific, and Rest of the World.

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“Specialty coatings and surfactants to be the largest functions for the specialty chemicals market”

Specialty chemicals by functions range from antioxidants, biocides, catalysts, enzymes, separation membranes, specialty coatings, specialty pigments, surfactant, rheology modifier, demulsifier and others. Specialty coatings and surfactants collectively accounted for 27.19% share in terms of value in 2014.

“Pesticides to continue to dominate the market”

Pesticides are the major type of specialty chemicals. They capture a major market share of 15.81% of the total specialty chemicals market in 2014. The factors contributing towards the growth of pesticides market are decreasing arable land, growing population, and the need for improvement in crop yields. North America accounted for around 35.32% of the global market in 2014.

“Construction chemicals to register the highest growth”

Construction chemicals are the major type of specialty chemicals, and are expected to witness the highest growth rate of 8.63%, from 2015 to 2020. The demand for construction chemicals is increasing on account of the growing construction sector in the major emerging economies such as China, India, South Korea, and Brazil.

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Demulsifiers Dominate The Production Chemicals Market with Scavengers Set to Register The Fastest Growth Rate

The report “Production Chemicals Market by Type (Demulsifiers, Corrosion Inhibitors, Scale Inhibitors, Asphaltene Inhibitors, Biocides, Scavengers, Surfactants, and others), by Oilfield Type (Onshore and Offshore), and Region - Global Trend & Forecast to 2020” defines and segments the production chemicals  market with an analysis and forecast for types, and applications by volume as well as value.

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The report covers the global production chemicals market in major regions namely North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America. This report analyzes different marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and winning imperatives. Major companies such as Akzonobel NV (The Netherlands), BASF SE (Germany), Croda PLC (U.S.), DuPont (U.S.), Baker Hughes (U.S.), Halliburton, and Schlumberger Limited (U.S.) are profiled.

Recent boom in the shale oil and gas industry in North America is driving the demand for production chemicals. The factors driving growth in the production chemicals market are increasing production of crude oil, growing drilling activities, and pursuing production from ageing fields. The market is projected to witness huge growth due to enormous potential offered by these drivers. Many of the oil and gas companies are headquartered in this region which boosts the oil and gas industry of North America and the neighboring Latin American region.

The manufacturers of production chemicals mainly focus on mergers and acquisitions to expand their product portfolio for various applications as well as deepen their market reach. The pending acquisition of Baker Hughes by Halliburton is a major example of an acquisition in this market. The acquisition of Nalco Holdings (U.K.) and Champion Technologies (U.K.) by Ecolab (U.K.) was another significant example in this market. Expansion was also a preferred strategy of the companies. Expansion into growing markets such as Asia-Pacific, Brazil, and the Middle East has been and will be the key success for production chemicals producers if they intend to increase their overall sales and revenue.

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Production Chemicals Market, by Type, 2014

“The Middle East & Africa is the key market for production chemicals”

The Middle East & Africa dominated the production chemicals market in 2014 and accounted for over 48% of the market, by value. Country-wise Saudi Arabia is the largest market for production chemicals globally. Companies such as Schlumberger, Exxon Mobil, and Halliburton are two of the biggest players in the country. The U.S. is the second-largest production chemicals consumer in the world. The growth in the PP catalyst industry is anticipated to come from biocides and scavengers market due to stringent regulations being imposed in Europe and the U.S. Future growth in the international market hinges heavily onto developing economies, especially in Asia-Pacific. China, Malaysia, and Indonesia, especially, stand out as noteworthy emerging markets. The future scenario in Asia-Pacific looks promising given the number of facility expansions, merger & acquisitions, and strategic partnerships that took place in these countries. The ensuing increase in foreign investments and rise in the number of new manufacturing establishments will make Asia-Pacific as a prime driver of growth for the production chemicals market.

“Demulsifiers dominate the production chemicals market with scavengers set to register the fastest growth rate in the market between 2015 and 2020”

Demulsifiers took the topmost position in the production chemicals market with around 28% market share by value in 2014. Demulsifiers have propelled the industry forward by making possible the inexpensive and easily controlled production of crude oil. Demulsifiers are used to separate emulsions of oil and water for ease of extraction. Scavenger in oil and gas industry is a chemical substance added to crude oil in order to remove or de-activate impurities in the reaction products, for example, oxygen and hydrogen sulfide, to make sure that they will not cause any unfavorable reactions. Scavengers are set to register the highest growth rate among all types of production chemicals with an anticipated CAGR of 8.1%. They are mostly use to sweeten oil by removing hydrogen sulfide and oxygen from crude oil thereby increasing efficiency of crude oil.

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