Refrigerants Market Worth $30.8 Billion By 2025 - MarketsandMarkets

 The report "Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane), Application (Domestic, Industrial, Commercial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2025", The refrigerants market is projected to reach USD 30.8 billion by 2025, at a CAGR of 7.7%, from USD 21.3 billion in 2020.

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Browse 157 market data Tables and 63 Figures spread through 191 Pages and in-depth TOC on "Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane), Application (Domestic, Industrial, Commercial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2025"

Impact of COVID-19 on Refrigerants Market

The COVID-19 outbreak has impacted the global refrigerants market as demand for refrigerants from end-use applications declined for a short-term period at the beginning of 2020. Several industries witnessed setbacks in the first half of 2020, which led to a consequent decline in the demand for refrigerants. As a result, the refrigerant market is expected to witness negative growth in 2020. However, demand is expected to revive from 2021 onward and continue during the forecast period

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Market Dynamics

Driver: Growing Cold Chain Market

A cold chain is a supply chain that consists of a series of storage and distribution activities to maintain a particular temperature range. It comprises two segments – refrigerated transport that utilizes refrigerator trucks, cars, rail, and containers, among others, and surface storage that consists of refrigerated warehouses for storing perishable products. The food and pharmaceutical industries are the major end-users contributing to the increase in demand for the cold chain. 

Restraints: Stringent Regulations Against Fluorocarbon Refrigerants

Due to the severe damage that fluorocarbon refrigerants cause to the ozone layer, various governments and agencies are imposing regulations to limit their use. Several countries have agreed to phase out the use of HCFCs and HFCs by imposing limitations on their consumption through various protocols and regulations. These regulations restrict the growth of the fluorocarbon refrigerants market.

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Wind Turbine Composites Material Market (In Deapth Analysis of Covid19 Impact)

 Wind turbine composites are utilized in the manufacturing of wind turbine parts such as blades and nacelles, among others. The use of composites helps in the development of lightweight components with superior properties, in addition to other benefits such as low maintenance and long product life.

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Objectives of the Study -

• To define, describe, and forecast the wind turbine composite market size, in terms of value and volume
• To identify and segment the wind turbine composite market on the basis of resin type, fiber type, manufacturing process, application, and region
• To analyze significant region-specific market trends in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA), as well as country-specific trends in the U.S., Canada, Germany, France, the U.K., China, and South Korea
• To provide detailed information regarding major factors influencing the growth of the wind turbine composite market (drivers, restraints, opportunities, industry-specific challenges, and burning issues)
• To analyze recent market developments such as agreements, mergers & acquisitions, new product launches, and expansions in the wind turbine composite market
  

♦ Major Key Players –

• TPI Composites, Inc. (U.S.)
• MFG Wind (U.S.)
• LM Wind Power (Denmark)
• Gamesa Corporation Technology (Spain)
• AVIC Huiteng Windpower Equipment Co., Ltd. (China)
• Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd. (China)
• Vestas Wind Systems A/S (Denmark)
• Suzlon Energy Limited (India)
• Siemens AG (Germany)

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On the Basis of Manufacturing Process

• Vacuum Injection Molding
• Prepreg
• Hand Lay-up

On the Basis of Application

• Blades
• Nacelles
• Others (Towers and Hub)

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Oxygen-Free Copper Market by Grade, Product Form, End-Use Industry & Region - (Analysis of Covid19 Impact)

 The Oxygen-Free Copper Market is projected to grow from USD 14.82 Billion in 2016 to USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021.

By End Use Industry:

• Electronics & Electrical
• Transportation
• Others

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The objectives of this study are:

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

♦ Major Key Players –

Companies operating in the global oxygen-free copper market include Citizen Metalloys Limited (India), KGHM Polska MiedŸ S.A. (Poland), Luvata (U.K.), National Bronze & Metals, Inc. (U.S.), Sam Dong America (South Korea), SH Copper Products Co., Ltd. (Japan), Zhejiang Libo Holding Group Co., Ltd. (China), Mitsubishi Materials Corporation (Japan), Pan Pacific Copper Co., Ltd. (Japan), Watteredge LLC (the U.S.), Freeport-McMoRan Inc. (the U.S.), KME Germany GmbH & Co KG (Germany), Wieland-Werke AG (Germany), Cupori Oy (Finland), and Metrod Holdings Berhad (Malaysia).

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By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Country Analysis

• Value analysis of oxygen-free copper consumption in terms of capacity and type

The oxygen-free copper market is estimated at USD 14.82 Billion in 2016, and is projected to reach USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021. With the increasing demand for high purity copper in the global electronics & electrical industry, the market for oxygen-free copper is also projected to grow.

The Cu-OF grade of the oxygen-free copper is estimated to lead the oxygen-free copper market in 2016, in terms of value. The large share of this segment can be attributed to the increase in the use of copper in the electronics and transportation industries in Asia-Pacific and North America.

Isoprene Market by Type, Application, End-Use Industry and Region (Analysis of Covid19 Impact)

 The report “Isoprene Market by Type (Polymer grade, Chemical grade), Application (Polyisoprene, Styrene isoprene styrene, Isobutyl isoprene rubber), End-Use Industry (Tires, Non-tires, Adhesives), and Region - Global Forecast to 2021”, Isoprene has properties similar to natural rubber such as flexibility and strength without odor, fragmentation, or allergic reaction, which drives its demand in tires, non-tires, adhesives, and other industries.

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The isoprene market was valued at USD 1.93 Billion in 2015, and is projected to reach USD 2.96 Billion by 2021, at a CAGR of 7.4%, during 2016 to 2021.

Browse 155 market data tables and 61 figures spread through 162 pages and in-depth TOC on “Isoprene Market by Type (Polymer grade, Chemical grade), Application (Polyisoprene, Styrene isoprene styrene, Isobutyl isoprene rubber), End-Use Industry (Tires, Non-tires, Adhesives), and Region - Global Forecast to 2021”

Market Dynamics

Drivers

• Growth in the synthetic rubber industry to increase the production of isoprene
• Demand for polyisoprene rubber in the medical sector

Restraints

• Regulations in the rubber manufacturing industry

Opportunities

• Developing countries in Asia- Pacific offer substantial growth opportunities
• Growing demand for improved performance and low rolling resistant tires providing growth opportunities for isoprene

Challenges

• Regional demand-supply gaps
• Crude oil price fluctuations

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Growth in the synthetic rubber industry to increase the production of isoprene

The growth of the isoprene industry is directly related to the growth of the synthetic rubber industry. Isoprene manufacturers are impacted by the trends in the tire industry and other related synthetic rubber products. The growth in the tire industry is, in turn, dependent on the automotive industry that is growing and projected to witness a global sales rise of 60% by 2020. The global rubber production has been increasing since 2000. The world’s rubber production in 2010 was 23,680 kilotons, which increased to 26,774 kilotons in 2015. This growth in rubber production is projected to continue in the coming years, which will increase the demand for isoprene. The leading isoprene manufactures are expanding their production capacities. For example, Nizhnekamskneftekhim, a top manufacturer in Russia, started a new production unit for isoprene feedstock that will allow the company to produce additional 15,000 tons of isoprene.

Proppant Market by Type, and Region Global Forecast to 2022 (Analysis of Covid19 Impact)

 MarketsandMarkets: The Proppant Market size is projected to reach USD 9.9 billion by 2022, at a CAGR of 6.9% between 2017 and 2022. The increasing demand for proppant in hydraulic fracturing of shale gas, coal bed methane, and tight gas are driving the market.

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Browse 129 market data Tables and 40 Figures spread through 133 Pages and in-depth TOC on “Proppant Market by Type (FRAC Sand Proppant, Resin-coated Proppant, and Ceramic Proppant) and Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa) - Global Forecast to 2022”

Frac-sand is estimated to be the largest type during the forecast period.

Frac sand accounted for the dominant share of the proppants market in 2018. Frac sand is the most-widely used type of proppant due to its easy availability and lowest cost. Ceramic proppant is the fastest growing type as it has high strength to withstand closure pressures up to 15,000 psi

Shale gas is projected to be the fastest-growing application segment of the proppants market during the forecast period.

Shale gas is projected to be the fastest growing application for proppants in 2018. The large scale demand from the shale reserves as well new shale gas projects in countries such as China are projected to boost the demand for proppants in the coming years

North America is estimated to be the largest market during the forecast period

North America is estimated to be the largest market for proppant. U.S. is expected to account for the largest share of the market globally till 2022 as the hydraulic fracturing market is mainly concentrated in the U.S. Major producers of proppant such as Carbo Ceramics Inc. (U.S.), Saint-Gobain Proppant Inc. (U.S.), U.S. Silica Holdings Inc. (U.S.), Hexion Inc. (U.S.), Fairmount Santrol Holdings Inc. (U.S.), Hi-Crush Partners LP (U.S.) and Superior Silica Sands LLC are located in the North America region. Asia-Pacific accounts for the second-largest share of the global proppant market and is projected to register the highest CAGR during the forecast period.

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This trend is projected to be witnessed till 2017 as operators are planning to consume even more proppant per lateral foot to continue driving IP and generate higher recovery rates. With the increasing use of fracking sand and improving the quality of wells, several exploration and production firms have also started increasing proppant use per well to help cope with slumping prices. EOG Resources (U.S.), Whiting Petroleum (U.S.), and Murphy Oil Corp (U.S.) are some of the companies that reported improvements in well performance owing to the use of significantly higher amounts of frac sand per well.

Since past few years, some proppants used to frack a single horizontal well were 1,000 to 3,000 tons. These figures changed significantly since 2014, with the proppants consumption per well estimated to be 8,000 to 10,000 tons. Also, several oil service companies, such as Halliburton, are investigating certain new fracturing techniques to consume 20 million pounds of frac sand instead of 5 million pounds (current utilization of frac sand per shale well) in a single well.

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In-depth Analysis of the COVID-19 Impact on Silk Market Worth 16.94 Billion USD

 The global silk market is projected to be valued at USD 16.94 billion, at a CAGR of 7.8%. 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.

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Major Market Developments:

• In March 2017, Bolt Threads Inc. started its first product made of spider silk. It introduced tie made of spider silk.
• In September 2016 AMSilk GmbH entered into distribution agreements with Korean-based company Hanjoo C&C for the distribution of its product in the Asian market. It distributes AMSilk products, Silkbeads (microparticles), and Silkgel (hydrogel) in Korea.
• In June 2016, AMSilk GmbH entered into an agreement with Zurich based company, RAHN AG, to distribute two ingredients made from AMSilk, Silkgel, and Silkbeads.

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.

Market Dynamics

Drivers

• Technological advancement in sericulture
• Low capital intensive industry

Restraints

• Higher dependency on china for raw material

Opportunities

• High demand from Indian textile industry
• Emerging spider silk

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The Asia-Pacific is projected to be the fastest-growing market for silk, in terms of value and volume, during the forecast period. China, India, Uzbekistan, and Thailand are the markets of silk in the Asia-Pacific region. The demand for silk is primarily driven by the increasing population & export of the textile goods made in these countries. Also, the domestic demand of silk in China and India is significantly influencing the demand of silk in the region.

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Seamless Pipes Market by Type, Production Process, Material, End-use Industry & Region - Global Forecast to 2022

 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.

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The objectives of this study are:

• 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.
• To analyze and forecast the demand for seamless pipes in different end-use industries, such as aerospace, defense, shipping, healthcare, and mechanical equipment, among others
• To analyze recent developments, such as facility & capacity expansions, partnerships & collaborations, and new product developments of key players operational in the market

Based on End-use Industry:

• Oil & Gas
• Infrastructure & Construction
• Power Generation
• Automotive
• Engineering
• Others

Based on Region:

• Asia Pacific
• North America
• Europe
• Middle East & Africa
• South America

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Research Methodology

The research methodology used to estimate and forecast the seamless pipes market began with capturing data on key vendor revenues through secondary sources, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites and databases. The vendor offerings were taken into consideration to determine the market segmentation.

♦ Major Key Players –

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).

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Release Liners Market worth 93.02 Billion USD by 2022 (In-depth Analysis of the COVID-19 Impact)

 The global release liners market was valued at USD 64.50 Billion in 2016, and is projected to reach USD 93.02 Billion by 2022, at a CAGR of 6.4% from 2017 to 2022.

The report “Release Liners Market by Substrate Type (Glassine/Calendered Kraft Paper, Polyolefin Coated Paper, Clay Coated Paper), Application (Labels, Pressure-Sensitive Tapes, Hygiene), Material Type, Labelling Technology, and Region - Global Forecast to 2022”, The market is driven by the increased demand for release liners from various application segments, such as labels, pressure-sensitive tapes, hygiene, industrial, graphic arts, medical, and others.

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Browse 112 Market Data Tables and 53 Figures spread through 160 Pages and in-depth TOC on “Release Liners Market by Substrate Type (Glassine/Calendered Kraft Paper, Polyolefin Coated Paper, Clay Coated Paper), Application (Labels, Pressure-Sensitive Tapes, Hygiene), Material Type, Labelling Technology, and Region - Global Forecast to 2022”

Labels is estimated to be the largest application segment of the global release liners market

Among the various applications, the labels segment is estimated to be the largest application segment of the global release liners market. Release liners are used in the automotive industry, particularly in gaskets and accessories. Properties such as durability and high strength of release liners make them preferred in the automotive industry.

Silicone is projected to be the fastest-growing material type in the global release liners market

Silicone release liners has many important consumer and industrial applications such as postage stamps, envelopes, and bar code labels. Silicone as additives help provide resistance to slip, moisture, and abrasion, improved adhesion, anti-blocking properties, gloss, foam control, and many other benefits. The demand for silicone release liners is growing due to their increased usage in the graphic arts, medical, and packaging industries.

Rising demand for release liners in Asia Pacific contributes to the high growth of this market

Asia Pacific accounted for the largest share of the global release liners market in 2016. Currently, China is the largest market for release liners in the Asia-Pacific region and is expected to continue the same during the forecast period. In China and India, the demand for release liners is expected to increase due to the growing packaging industry and rapid economic expansion. In addition, growing population in these countries serves as a huge customer base for the manufacturers of release liners.

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Key companies profiled in the global release liners market research report include The 3M Company (US), Mondi Group (Austria), Sappi Limited (South Africa), Ahlstrom-Munksjo (Sweden), LINTEC Corporation (Japan), Polyplex Corporation Ltd. (India), Eastman Chemical Company (US), Gascogne  (France), UPM (Finland), and Loparex (US).

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Bonding Films Market worth 985.5 Million USD by 2022 (In-depth Analysis of the COVID-19 Impact)

 The report “Bonding Films Market by Type (Epoxy, Acrylic, Polyurethane), Technology (Thermally Cured, Pressure Cured), End-Use Industry (Electrical & Electronics, Transportation, Packaging), Region - Global Forecast to 2022”, The 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.

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Browse 66 Market Data Tables and 42 Figures spread through 142 Pages and in-depth TOC on “Bonding Films Market by Type (Epoxy, Acrylic, Polyurethane), Technology (Thermally Cured, Pressure Cured), End-Use Industry (Electrical & Electronics, Transportation, Packaging), Region - Global Forecast to 2022”

Among types, the epoxy segment of the bonding films market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022.

Based on the type, the bonding films market has been segmented into epoxy, acrylic, polyurethane, and others. Among types, the epoxy segment accounted for the largest share of the bonding films market in 2016. This segment of the market is projected to grow at the highest CAGR during the forecast period. The increased use of epoxy bonding films in various end-use industries can be attributed to their high compatibility with various bonding substrates. Moreover, epoxy bonding films are easy to handle, exhibit minimum squeeze out, and offer effective performance when exposed to a range of temperatures and tough environmental conditions.

The electrical & electronics end-use industry segment of the bonding films market is projected to grow at the highest CAGR between 2017 and 2022.

The electrical & electronics end-use industry segment accounted for the largest share of the bonding films market in 2016. Bonding films are extensively used in high-end defense & aerospace, automotive, industrial, and consumer electronics applications. The bonding films that are manufactured for use in the electrical & electronics industry are supplied in the form of rolls, sheets, or pre-cut forms. They are also die attached, which enables them to attain desired shape and characteristics. In the transportation end-use industry, bonding films are used in composite-to-composite, metal-to-metal, and composite-to-metal bonding applications.

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• 

The Asia Pacific bonding films market is projected to grow at the highest CAGR during the forecast period.

Based on the region, the bonding films market has been segmented into Asia Pacific, North America, Western Europe, Central & Eastern Europe, and Rest of the World (RoW). In Rest of the World (RoW), the bonding films market has been studied for the Middle East & Africa and South America. The Asia Pacific bonding films market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific bonding films market can be attributed to the presence of the key manufacturers of bonding films in the region. Moreover, the growing demand for bonding films from various end-use industries such as electrical & electronics and transportation of the countries such as China, South Korea, Japan, and Taiwan of the region, also contribute to the growth of the Asia Pacific bonding films market. In addition, the easy availability of raw materials in the Asia Pacific region has also attracted several global companies and investors to set up their production facilities in the region, thereby contributing to the growth of the Asia Pacific bonding films market.

♦ Major Key Players –

Henkel AG & Co. KGaA (Germany), 3M (US), Cytec Solvay Group (Belgium), Hitachi Chemical Co., Ltd. (Japan), Arkema S.A. (France), H.B. Fuller (US), Hexcel Corporation (US), Gurit (Switzerland), DuPont (US), Rogers Corporation (US), etc. are the key players operating in the bonding films market.

Alpha Olefins Market worth $13.5 billion by 2022 (Analysis of Covid19 Impact)

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

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♦ Key Questions Addressed by the Report -

• Who are the major market players in the alpha olefins market?
• What are the regional growth trends and the largest revenue-generating regions for the alpha olefins market?
• Which are the significant regions for different industries that are projected to witness remarkable growth for the alpha olefins market?
• What are the major types of alpha olefins that are projected to gain maximum market revenue and share during the forecast period?
• Which is the major type of source where alpha olefins are used that will be accounting for the majority of the revenue over the forecast period?

♦ Key Market Players -

The key market players profiled in the report include Royal Dutch Shell (The Netherlands), Chevron Phillips Chemical Company (U.S.), Ineos (Switzerland), SABIC (Saudi Arabia), Sasol (South Africa), Evonik Industries (Germany), The Dow Chemical Company (U.S.), ExxonMobil (U.S.), PJSC Nizhnekamskneftekhim (Russia), JAM Petrochemicals Company (Iran), among others. They have adopted various strategies, including expansion, and new product developments & launches.

♦ Market Dynamics

Discovery of shale gas

Alpha olefins are mainly produced by ethylene, naphtha, butane, and natural gas among others. The oligomerization of ethylene is the most commonly used production process for producing a full range of alpha olefins, whereas, ethylene is mainly obtained from ethane, which is obtained from natural gas.

Increasing demand for PAO-based synthetic lubricants

PAOs gained a speedy acceptance as high-performance lubricant as they possess highly desirable characteristics such as high viscosity index, thermal stability, oxidative stability, compatibility with mineral oils, and low toxicity. PAOs not only offer the advantages of technical performance but also maintain the quality of the environment in certain sensitive applications. PAO-based synthetic lubricants offer superior performance in offshore drilling applications that include environmental concerns.

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Growing R&D investments for the development of alpha olefins from different sources

A new concept to produce alpha olefins from biomass is being practiced by various research laboratories and universities. In 2010, researchers at The Center for Biorenewable Chemicals (CBiRC), an NSF-funded Engineering Research Center (U.S.), showcased that the medium chain length free fatty acids can be produced by E. coli using sugars as a carbon source. The research makes use of codon-optimized eukaryotic and prokaryotic enzyme sources. The projects reported 35-40% of the theoretical yields with 2.7 g/L being attained that compares favorably with the recent research reports.

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