The report, “Micronized PTFE Market by Application (Inks, Thermoplastics, Coatings, Grease & Lubricants, Elastomers), by Geography - Global Forecast to 2019” defines and segments the Micronized PTFE market with analysis and forecast of the market size. Micronized PTFE: A projected value of $868.29 million by 2019, signifying firm annualized growth of 7.06% between 2014 and 2019
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The major players of micronized PTFE include Shamrock Technologies (U.S.), E.I. DuPont de Nemours & Company (U.S.), Daikin Industries Limited (Japan), Solvay S.A. (Belgium), Micro Powders, Inc. (U.S.), and 3M (U.S.), Asahi Glass Co. Ltd. (Japan), Chenguang Research Institute of Chemical Industry (China), and Gujarat Fluorochemicals Limited (India), Shanghai 3F New Materials Company Limited (China).
Scope of the report:
This research report segments the market on the basis of application and region along with forecast of revenue and analyzing trends in each of the submarkets.
On the basis of application: The market is segmented on the basis of application segments such as inks, thermoplastics, coatings, grease & lubricants, elastomers, and others. Each application is further described in detail in the report with value forecasts for aforementioned applications.
On the basis of region: The micronized PTFE market is segmented by regions Asia-Pacific, North America, Europe, and RoW; and they are further segmented by key countries in each region that include China, Japan, South Korea, India, the U.S., Germany, Italy, the U.K., the Netherlands, and Brazil.
Asia-Pacific – The biggest market of micronized PTFE
PTFE micro powder or micronized PTFE is made from virgin polytetrafluoroethylene resin or recycled PTFE scrap.
The micronized PTFE market in Asia-Pacific is one of the fastest-growing consumers across the globe and is expected to continue the trend in the near future. Asia-Pacific is the biggest market for micronized PTFE, and accounted for a share of more than 38.00% of the total market size in 2013 that was majorly contributed by China. It is estimated that India is the fastest-growing market of micronized PTFE in the region. The high growth in this region is mainly driven by growing population, vast economies–developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.
Thermoplastic – The fastest-growing market for micronized PTFE
Inks are the biggest application for the micronized PTFE market, followed by thermoplastic having a combined market share of around 66.0% of the total micronized PTFE used in 2013. Inks require different additives in order to achieve the right formulation for usage in different end-user industries. The selection of additives for inks is highly critical because any deviation from the required properties may result in entire formulation being destroyed. PTFE micro powders in inks are sought out for their value-added properties such as small particle size, abrasion/rub resistance, and blocking.
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M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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The report "Lubricant Additives Marketby Function Type (Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, & Others), and Application (Automotive & Industrial Lubricants) - Global Trends & Forecast to 2019" defines and segments the lubricant additives market with an analysis and forecast of the market volume and value. The lubricant additives market value will grow to $16.2 billion by 2019, at a CAGR of 2.7% from 2014 to 2019.
This lubricant additives report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Lubrizol (U.S.), BASF (Germany), Chevron Oronite (U.S.), Afton (U.S.), Chemtura (U.S.), Infineum (U.K.), Croda (U.K.), Tianhe Chemicals Group (China), Evonik (Germany), and Shamrock Shipping And Trading Limited (Cyprus) have also been profiled in this report.
The lubricant additives market is mainly driven by high growth in the developing nations along with efforts towards fuel economy. In order to achieve fuel economy, extensive research is being done to improve lubricant additives properties and characteristics in order to comply with the technological changes in modern engines and accessories. Technological know-how with fast changing developments is must to track and keep pace with futuristic technologies like DCT (Dual Clutch Technology).
The report covers the lubricant additives market and its trends that concern five regions, namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa (MEA). Various applications based on end-use industry, namely, automotive lubricants and industrial lubricants are covered. These have been further broken down by their respective sub segments, such as, heavy duty motor oil (HDMO), passenger car motor oil (PCMO) and other automotive for automotive lubricants and metal working fluids, industrial engine oils, general industrial oils and others for industrial lubricant. Lubricant additives by function types, Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, Friction Modifiers, EP, PPDs along with others, have also been studied.
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The report “Water Soluble Polymers Market by Raw Material, by Type (Polyacrylamide, Guar Gum, Polyvinyl Alcohol, Casein, Gelatin, Others), by Application (Water Treatment, Detergent & Household Products, Petroleum, Others), and by Region - Trends & Forecasts to 2019” defines and segments the water soluble market with analysis and forecasting of the market size.
The major players include Arkema SA (France), Ashland Inc. (U.S.), DuPont (U.S.), LG Chem (South Korea), The Dow Chemical Company (U.S.), and Nitta Gelatin Inc. (Japan), BASF SE (Germany), SNF SAS (France) and Kuraray Group (Japan).
On the basis of raw materials: The market is segmented on the basis of raw materials such as synthetic, semisynthetic and natural. Each raw material type is further described in detail in the report with value forecasts for aforementioned.
On the basis of types: The market is segmented into different types such as polyacrylamide, guar gum, polyvinyl alcohol, casein & caseinates, gelatin, polyacrylic acid and others.
On the basis of applications: The market is segmented on the basis of applications that include water treatment, detergents & households products, petroleum, paper making and other applications.
Asia - The biggest market of water soluble polymers
Manufacturing industries are increasingly shifting from the U.S., Western Europe and Japan to other regions such as southeast Asia and China, leading the global water soluble polymer market in the region. Increasing per capita consumption in economies with rapidly rising GDP such as of China and Southeast Asia is driving the demand of water soluble polymers in segments such as food, personal care products and pharmaceuticals. China, Japan and India are the major markets in the region. China is the leading country and the fastest growing market in the region and across the globe in terms of consumption and in terms of value.
“Polyacrylamide –the biggest and the fastest growing markets among various types of water soluble polymers“
Polyacrylamide is among the fastest growing market because of its applications in water treatment and petroleum segment. Guar gum, which is majorly produced in Asia, is the second biggest market among the various types of water soluble polymers.
Due to its wide applications, the market is projected to rise at a CAGR of 4.93% between 2014 and 2019. India and Pakistan are the leading producers of guar seeds and gum which are used for the production of guar gum.
Among the various applications of water soluble polymers, the fastest growth is observed in the water treatment industry due to the strict environmental standards that are being implemented in various countries and sewage treatment activities. Other major application of water soluble polymers includes detergent & household products, petroleum and paper making.
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According to a new market research report "High Temperature Plastics Market by Type (Fluoropolymers, Polyphenylene Sulphide, Polysulfones, Polyimides and Others), by End-Use industries (Transportation, Electrical & Electronic, Industrial, Medical, and Others) - Global Trends & Forecast to 2019" the high temperature plastics market is projected to grow from $ 9,005.65 million in 2014 to $13,317.95 million by 2019, with a CAGR of 6.8% between 2014 and 2019. It also explains the driving and restraining factors of the global high temperature plastics market with an analysis of trends, opportunities, and challenges.
Key participants in the global high temperature plastics market include Solvay S.A. (Belgium), SABIC Innovative Plastics (The Netherlands), E. I. du Pont de Nemours and Company (U.S.), Celanese Corporation (U.S.), and Victrex plc. (U.K.).
On the basis of types: The high temperature plastics market is further segmented into sub categories as follows:
Fluoropolymers
Polyphenylene Sulfide
PolySulfone
Polyimides, and
Others
On the basis of applications: The high temperature plastics market is further segmented into sub categories as follows:
Fluoropolymers is the single-largest segment, holding more than 47% share of the global high temperature plastics market in 2014 and is projected to grow with a CAGR of 5.3% between 2014 and 2019. Asia-Pacific is the largest market for fluoropolymers and North America fallowed to be second largest market in 2014.
High temperature plastics market, by end-use industries
The high temperature plastics market is segmented into five major end-use industry segments; they are transportation, electrical & electronics, industrial, medical, and others. The demand for transportation segment accounted for the largest share in 2014, at $3,217.87 million, and it is projected to reach $4,596.03 million by 2019. Asia-Pacific is estimated to be the largest region of transportation segment in 2014, followed by the North America.
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MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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The report "Cosmetic Preservatives Market by Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Quaternary Compounds, Organic Acids and Their Salts, Inorganics, Others), Application, & Region - Global Forecast to 2020", is expected to reach USD 348.3 Million by 2020, at a CAGR of 6.1% from 2015 to 2020. The European market is expected to grow at a high CAGR as compared to other regions. New product developments, rising demand for premium personal care products, awareness for better health and hygiene, and rising disposable income are factors influencing the overall demand of cosmetic preservatives market.
Some of the key players operating in the global cosmetic preservatives market include Lonza Group Ltd (Switzerland), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), and others.
Lotions, Facemasks, Sunscreens & Scrubs are major applications in the global cosmetic preservativesmarket
The growing awareness regarding beauty products is boosting sales for skin care products, which in turn, is increasing the demand for cosmetic preservatives. Lotions, facemasks, sunscreens & scrubs are some of the largest applications covered in cosmetic preservatives industry.
Phenol Derivatives dominates the global cosmetic preservatives market
Phenol derivatives have been used in cosmetic products for several years and are effective against a wide range of microbes. The most common type of phenol derivatives is phenoxyethanol, which is widely used in the chemical industry. Phenoxyethanol, a glycol ether, is used on a large scale in cosmetic products as a preservative, and has emerged as the best alternative to parabens. Phenol derivatives are used as stabilizing agents in various products, such as perfumes, sunscreens, shampoos, ointments, and creams.
Americas dominates the global cosmetic preservatives market
The cosmetic preservatives market in America is highly competitive and is the largest consumer of these preservatives. Large multinational companies dominate the market as they invest millions in advertising, and in research and development. Many smaller brands however gained share in 2014, with organic and natural based cosmetic preservatives. Globally, the increasing purchasing power will help consumers buy more premium products that will benefit the cosmetic preservatives industry. The major market players in America are The Dow Chemical Company, Ashland Inc., and AE Chemie.
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MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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The report “High Purity Alumina Market by Purity Level (4N, 5N, 6N), by Application (Light Emitting Diode, Semiconductor, Phosphor, Sapphire, Others), by Region (Asia Pacific, North America, Europe, Rest of the World) – Global Forecast to 2020″, The global high purity alumina (HPA) market is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1% from 2015 to 2020. The increasing applicability of high purity alumina among varied end-user applications, such as LEDs, semiconductors, phosphor, and sapphire, among others is expected to drive the market for high purity alumina during the forecast period.
The key players in this market include Altech Chemicals Limited (Australia), Alcoa Inc. (U.S.), Orbite Technologies Inc. (Canada), RUSAL (Russia), and Sumitomo Chemical Co., Ltd. (Japan), among others.
High Purity Alumina Market worth 5.09 Billion USD by 2020
On the basis of Purity Level, the global HPA market has been segmented into:
4N
5N
6N
On the basis of Application, the global HPA market has been segmented into:
LED
Semiconductor
Phosphor
Sapphire
Others
On the basis of Region, the global HPA market has been segmented into:
Among all types of purity levels, the 4N segment led the high purity alumina (HPA) market
The 4N segment led the global high purity alumina (HPA) in 2014, and accounted for the maximum market share in terms of volume. This segment is projected to grow at the highest CAGR during the forecast period.
Increase in demand of high purity alumina from the LED industry
The LED application segment led the global high purity alumina (HPA) market in 2014, and is projected to grow at the highest CAGR between 2015 and 2020. The growing adoption of LEDs in varied industrial applications, such as home lighting, televisions, hybrid cars, and electric vehicles is driving the growth of the LED application segment in the high purity alumina market.
Asia-Pacific led the global high purity alumina (HPA) market
In terms of value, the Asia-Pacific region led the high purity alumina (HPA) market in 2014, by accounting for the maximum market share. In terms of volume, the high purity alumina (HPA) market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. Recently, varied industries have shifted their manufacturing units to the Asia-Pacific region, due to availability of cheap labor and affordable raw materials. This is expected to drive the growth of the high purity alumina (HPA) market in the Asia-Pacific region.
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MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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[169 Pages Report] on Seamless Pipes Market was 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 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.
Based on production process, the cross-roll piercing & pilger rolling segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period
Based on production process, the cross-roll piercing & pilger rolling production process segment is expected to witness the highest growth during the forecast period. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
Asia Pacific is expected to be the fastest-growing market for seamless pipes during the forecast period
The seamless pipes market in Asia Pacific is expected to witness the highest growth during the forecast period. China, India, Japan, Taiwan, and South Korea are key countries contributing to the high demand for seamless pipes in Asia Pacific. Increasing industrialization and rapid infrastructural development in the region offer opportunities for the growth of the market. Seamless pipes are widely used in various applications in the infrastructure & construction industry, owing to their properties, such as high strength, thermal resistance, corrosion resistance, and chemical resistance.
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[164 Pages Report] on 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.
Some of the leading manufacturers are Diab Group (Sweden), Hexcel Corporation (U.S.), 3A Composites (Switzerland), Euro-Composites S.A. (Luxembourg), Gurit Holding AG (Switzerland), The Gill Corporation (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (U.S.), Armacell International S.A. (Luxembourg), and Evonik Industries AG (Germany). These players adopted various organic and inorganic developmental strategies between 2011 and 2017.
Increase in use of honeycomb core materials in the aerospace industry expected to drive the core materials market for composites
The aerospace end-use industry segment led the core materials market for composites, in terms of value, in 2016. This can be attributed to the high demand for honeycomb core materials from the next generation aircraft. The aerospace industry has witnessed several changes in its components manufacturing in the past few decades. The use of wood and metal for manufacturing aircraft components has been replaced by various lightweight composites. Thus, the demand for core materials is increasing with the increasing penetration of composites in the aerospace industry. Some of the aircraft components manufactured using core materials are cabin linings, ceiling panels, air ducts, overhead compartments, winglets, and fins.
Based on type, the foam segment is estimated to lead the core materials market for composites during the forecast period
Foam is the most common core material used in composites due to its easy availability and low cost. Foam core materials are used in sandwich construction of windmill blades, and they impart strength and stiffness while keeping the composite structure lightweight. The PVC, PET, and SAN foam are the most popular core materials used in wind energy turbines. These foams are used in various applications, such as wind energy blades and nacelles, among others, depending on their resin compatibility, temperature, manufacturing aspects, and costs. The demand for lightweight and fuel-efficient vehicles in the transportation industry is also driving the demand for foam. Moreover, they are used in various end-use industries, including marine.
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[247 Pages Report] In this study, 2015 has been considered as the base year for estimating the market size. 2021 is considered as mid-term and 2026 as long-term forecast years. The global roofing adhesives market was valued at USD 3.91 Billion in 2015, and is projected to reach USD 5.78 Billion by 2021 at a CAGR of 6.75% from 2016 to 2021. This report aims to estimate the market size and future growth potential of the roofing adhesives market across different segments such as resin type, technology, application, and region. Factors influencing the market growth such as drivers, restraints, opportunities, industry-specific challenges, and opportunities in the market for stakeholders and competitive landscape in the market are presented in the report.
The players profiled in the roofing adhesives market report are The 3M Company (U.S.), The Dow Chemical Company(U.S.), Henkel AG & Company (Germany), Sika AG (Switzerland), Arkema (France), GAF Materials Corporation (U.S.), Johns Manville (U.S.), Royal Adhesives & Sealants (U.S.), Henry Company (U.S.), and Dove Technology Ltd. (U.K.)
Detailed analysis and profiling of additional market players
The global roofing adhesives market is projected to reach USD 5.78 Billion by 2021 in the midterm, at a CAGR of 6.75% from 2016 to 2021. This market is projected in the long term to be USD 8.01 Billion by 2026. This growth is driven by growing middle class population in emerging countries such as China, India, and Brazil. Increasing demand of elastic bonding adhesives from construction application to avoid cracks, provide chemical, oil and grease resistance, and higher durability has also increased the demand for roofing adhesives.
Demand for roofing adhesives are used in residential and non-residential/commercial constructions
Roofing adhesives are used in residential and non-residential/commercial construction in building & construction application. The overall market is dominated by the residential constructions. Growing number of residential and commercial buildings coupled with increasing population in various countries, such as China and India are expected to drive the market.
Epoxy resin is the fastest-growing segment of the overall roofing adhesives market
Epoxy resin is the fastest-growing segment, on the basis of resin type, of the roofing adhesives market, globally. Epoxy resins offer a unique combination of adhesion, chemical resistance, and other physical properties that provide outstanding protection against severe corrosive environments. Strong demand for performance epoxy resins and reactive liquid polymers, typically used in applications such as industrial maintenance, automotive and aerospace and concrete coatings, has been witnessed across the globe.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
[121 Pages Report] Synthetic Quartz Market size was valued at USD 68.6 Million in 2016, and is projected to reach USD 95.0 Million by 2022, at a CAGR of 5.6% from 2017 to 2022. The market for synthetic quartz is largely driven by the growth of the electronics industry. In addition, the growing demand for smartphones and connected devices, increasing adoption of 4G and LTE networks, and rising demand for advanced electronic devices and equipment from the healthcare industry are fueling the market growth.
Based on type, the synthetic quartz crystal segment is projected to lead the synthetic quartz market during the forecast period, in terms of value.
Based on type, the synthetic quartz crystal segment is estimated to lead the synthetic quartz market in 2017, in terms of value. Synthetic quartz crystals are used in various industries, including electronics & electrical, automotive, aerospace, defense, and others. The growth of this segment of the market can be attributed to the increasing adoption of wireless technologies across industries, as most wireless devices use synthetic quartz crystal oscillators to generate a stable frequency.
Among applications, the electronics & electrical segment is estimated to lead the synthetic quartz market, in terms of value.
Based on application, the electronics & electrical segment is estimated to lead the synthetic quartz market in 2017, in terms of value. Electronics & electrical is one of the prominent application segments for synthetic quartz as the global electronics sector has been showing robust growth in recent years with the evolution of smartphones and tablet PCs. Rising disposal income in emerging economies of Asia Pacific has been resulting in the adoption of the electronics & electrical devices across the region, thus helping the synthetic quartz market to witness robust growth in the coming years.
The synthetic quartz market in Asia Pacific is projected to grow at the highest CAGR from 2017 to 2022, in terms of value.
The Asia Pacific region is a highly potential market for synthetic quartz. Asia Pacific is projected to be the fastest-growing synthetic quartz market during the forecast period. The primary reason behind this growth projection is the expansion of telecommunication networks in China, South Korea, India, and other emerging countries of the region. Asia Pacific is also the largest producer and consumer of smartphones, laptops, TVs, and other consumer electronic devices in the world. This, coupled with the increasing demand for consumer electronics in the region, is expected to boost the synthetic quartz market in Asia Pacific in the coming years.
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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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