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Graphene Market By Product (Graphene Oxide, Graphene Nanoplatelets, Mono-layer & Bi-layer Graphene) 2018-2024

As per estimates, Asia Pacific graphene market recorded a valuation of USD 3.9 million in 2016. With the extensive presence of graphene companies, electronics companies, graphite mines, and even renowned automakers, APAC graphene industry is anticipated to register a CAGR of more than 34% over 2017-2024. Also, the extensive R&D activities being conducted across Japan, South Korea, India, and China, in addition to the presence of huge graphite mines in China, will serve to increase the scope of APAC graphene market.

Graphene market earns the tag of being one of the most dynamic and fastest-growing markets of all times, contingent on the fact that graphene is one of the most remarkable and widely-used materials ever discovered. Graphene is already being used in numerous end-use sectors, and is currently being experimented with, to detect the various other energy-related applications it can be deployed for. Research & development activities play a crucial role in the development of graphene industry, with scientists and academicians striving to discover novel methods of incorporating graphene in various methodologies. As per statistics, the number of research publications on graphene has increased to over 9000 in 2013 from over 125 in 2005.

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Speaking along the same lines, a recent news snippet reveals a significant milestone that may revolutionize the graphene market. The Fraunhofer Institute of Electron Beam & Plasma Technology (FEP), based in Dresden, along with the British Aixtron Ltd. and Spanish company Graphenea S.A., has achieved a remarkable success by developing OLED electrodes from graphene, which can be used in a range of applications, from medicine to photovoltaics. Sponsored partly by the EU Commission, which contributed around EUR 12.4 million to the project, these products are likely to be commercialized within a couple of years. These graphene electrodes will be designed to be highly tough and flexible, and will be used in polarization filters, touch screens, transmission regulator in windows, medicines, and high-tech textiles. Graphene is also likely to assure a successful future for light-powered wireless connectivity.

Graphene industry held a valuation of USD 20 million in 2016, subject to the product applications across the aerospace & defense, electronics, automotive, energy, and healthcare sectors. Over the years, the substance has found utilization in wireless connectivity, solar cells, OLED electrode production, etc., thereby helping graphene market share to increase at a phenomenal rate, with an estimated target valuation of USD 200 million by 2024.

Speaking of coatings, renowned UK-based firm, Applied Graphene Materials has entered into a partnership with HMG Paints to commercialize graphene-based coatings for numerous industries. It is expected that the two firms, post the testing phase, will launch their products in the real world, across commercial vehicles and commercial equipment, which will eventually widen the application scope of graphene industry. Some of the other renowned names in this fraternity include Graphenea S.A., Grafoid Inc., XG Sciences, Inc., Graphene Frontiers LLC, ACS Materials LLC, Advanced Graphene Products, Haydale Limited, Applied Nanotech, Inc., Angstron Materials, Inc., Nanjing XFNANO Materials Tech Co., Ltd, Thomas Swan & Co., Graphene Laboratories, Inc., and AMO Gmbh.

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Scientists have long since awaited the use of an able material that can effectively replace silicon. With the advent of graphene, it would seem as though their efforts have paid off. Though the fact that single-crystal graphene is just a few centimeters in size may restrict the growth of graphene market, the fact that researchers have been attempting to produce a larger version of single-crystal products will act as a favorable growth driver for graphene industry.

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Microcrystalline Cellulose Market Update, Analysis, Forecast, 2018 – 2024

In terms of capitalization, the global Microcrystalline Cellulose market is estimated to enroll itself in the billion-dollar business fraternity by 2024. The ongoing expansion of the pharmaceutical domain undoubtedly is one of the pivotal forces driving the overall industry size, as the product is extensively utilized as an excipient in drug formulation. Ever since its inception, Microcrystalline Cellulose has made its presence felt in the pharma domain as an extremely important tableting agent pertaining to its compressibility properties. Reportedly, the product’s small bulk density and flow characteristics make it suitable for any kind of oral dosage.

The competitive spectrum of Microcrystalline Cellulose market is famed to be quite consolidated, with renowned firms like Asahi Kasei, FMC Corporation, and Mingtai Chemical covering half of the global share. The consolidation, in recent years, has been rather strengthened with companies feverishly inclining toward distribution network enhancement and production capacity expansion. Citing a relevant testimony to the declaration would be DFE Pharma GmbH & Co’s opening of a new MCC manufacturing facility in India couple of years back.

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Sigachi Industrial, another leading name in Microcrystalline Cellulose market, started working on a new Microcrystalline Cellulose production plant in Dahej, Gujarat in the year 2013. Some of the pivotal firms are also undertaking mergers & acquisitions activities in a bid to extend their product portfolio. Say for instance, Mingtai Chemical Co. made it to the front page few years back, announcing the extension of its agreement with Danisco (DuPont Nutrition & Health) for the manufacturing of colloidal grade Microcrystalline Cellulose. These aforementioned instances depict only a fraction of the ongoing developments underlining Microcrystalline Cellulose industry space.

It is imperative to mention that the extensive research investments in the pharma space over the recent years has undoubtedly widened the application scope of Microcrystalline Cellulose market. As per reliable estimates, global pharmaceutical industry spent more than USD 150 billion on research and development in the year 2016, a spike of almost USD 25 billion from what it recorded in 2008. It has also been speculated that the figure is likely to shoot up to almost USD 180 billion over the coming four years, another data backing Microcrystalline Cellulose market’s lucrative growth prospects from pharmaceutical sector.

Speaking along similar lines, North America stands as one of the major beneficiaries of the increased pharmaceutical spending trend, with the United States as the chief revenue pocket. According to International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), overall R&D investments pertaining to pharmaceutical sector was more than USD 60 billion in 2016.

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Elaborating further on the regional trends, the expanding obese population in the country is also substantially fueling the regional mcc demand. As per a latest projection by Organization for Economic Co-operation and Development (OECD), nearly 75% of the American population is likely to be obese or overweight by the end of 2020. As per CDC’s estimation (as of 2014) – around one third of U.S. adults of age group 20 and more, and 17% of adolescents and children were marred obese. Backed by the clinical studies that validate the role of insoluble dietary fibers in maintaining the body weight and other obesity induced disorders, North America Microcrystalline Cellulose industry is presumed to record a CAGR of 5.5% over 2017-2024.

Obesity is also acting as a major propeller for Asia Pacific industry. As per estimates, India and China collectively account for nearly 15% of the total obese populace. Add to it, the growing personal care industry in APAC is also substantially influencing the regional trends. According to India Brand Equity Foundation, India personal care industry is slated to exceed $20 billion by 2025 which is more than triple from what it recorded in the year 2016. Not to mention, the projection, in all plausibility, would leave a perpetual impact on the regional Microcrystalline Cellulose market share. Overall APAC Microcrystalline Cellulose market is forecast to witness a y-o-y growth of 6% over 2017-2024.

While the revenue graph of the global Microcrystalline Cellulose industry depicts high potential, there still exists a chain of constraints, high production cost being at the pinnacle. Perhaps driven by the fact that its manufacturing process requires the presence of prominent expertise, the production is rather cost intensive. Another challenge faced by the contenders in the business space is product substitute threat from carboxymethylcellulose, guar gum, and xanthan gum. Despite these deterring factors, the commercialization matrix of Microcrystalline Cellulose market is certain to escalate over the ensuing years, on ground of its extensive application across myriad verticals. One of the anticipated trends that remains to be seen is how mcc production using environmentally viable raw materials brings forth a slew of opportunities for the market in the years ahead.

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Construction Composites Market Outlook To 2025: Emerging Trends, New Growth Opportunities, Regional Analysis

Construction Composites Market

The Asia Pacific turf substantially stands as one of the most opportunistic growth grounds of Construction Composites Market. China and India, two of the most advancing nations of APAC belt, are claimed to be the most prominent revenue avenues of the regional market. This can be possibly attributed to the extensive governmental investments across these regions to improve public infrastructure. For example the Indian Government has invested almost USD 2.4 billion in Navi Mumbai International Airport Project in 2015, which is expected to be completed by 2019.

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Owing to some of its exceptional properties like high strength and light weight, construction glass fiber has become the go-to product for various electrical and thermal insulation purposes across industrial, commercial, and residential sectors. Add to it, considering the immense growth prospect of fiberglass based construction composites market, renowned construction players are also pouring hefty amount in its large scale production. CNBM (China National Building Material) Company, say for instance, in conjunction with the IDRO Group (Industrial Development and Renovation Organization of Iran) has signed a deal of USD 74 million to establish a massive fiberglass and composite manufacturing unit in Marand, which claims to hold a capacity of nearly 30 kilo tons. It therefore goes without saying that fiberglass will procure a major portion of construction composites market share over the ensuing years.

According to reliable estimates, India is slated to peg third position in global construction industry by 2025 with a forecast valuation of USD 1 trillion, which by extension also ensure its stance in construction composite market in the years ahead. The mammoth valuation indeed can be credited to the flurry of projects with regards to road & building construction, railways, urban infrastructure, and the like. China’s construction sector is also expanding at a remarkable pace. With China and India at the growth front, Asia Pacific construction domain is likely to procure 60% of the global infrastructure spending by 2025, claim reports. Undoubtedly, this growth demands the requirement of advanced reinforced materials, which would eventually propel APAC construction composites industry.

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However, with the recent spike in raw materials and production process price trends, the business space is likely to experience a sluggish growth. Another trend that is somewhat considered as a stumbling block in industry expansion is the strong regulatory framework with regards to reinforced materials utilization. In a bid to overcome this challenge, construction composites market giants have been readily engaging themselves in developing products that are completely in compliance with the regulatory standards. Aided by the unprecedented investments in infrastructural projects across the world, construction composites industry is poised to record a massive valuation of USD 65 billion by 2025.

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Polyethylene Wax Market to achieve 3.5% CAGR over 2018 to 2024 from Packaging applications

Polyethylene Wax Market

Global PVC market estimated to exceed a valuation of 55 million tons by 2024, in terms of volume,  Polyethylene Wax Market is deemed to witness substantial gains over the coming years. Add to it, increasing construction spending especially across APAC belt has tremendously upscaled PVC demand, leaving a parallel impact on the regional polyethylene wax market.

Boasting of an all-encompassing application landscape including packaging, candles, and plastics additives & lubricants sectors, polyethylene wax market, is poised to carve a profitable roadmap over the ensuing years. Polyethylene waxes are basically low molecular weight polymers, widely utilized for improving the process properties and parameters of finished products closely linked to plastic industry. It therefore comes as no surprise that changing polyethylene wax industry trends are meticulously hinged to the massive growth in plastic sector.

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For the records, world plastics production, in the year 2016, was almost around 335 million metric tons, and has witnessed an estimated CAGR of 8.6% over 1950-2015.  In fact, over 9 billion tons of plastic has been produced since 1950, claim reliable sources.  Quite vividly evident from the aforementioned statistics, plastic industry has witnessed a paramount upswing over the years, subsequently opening up a plethora of new opportunities for polyethylene wax industry players.

Having said that, it is imperative to mention that the competitive hierarchy of polyethylene wax market is rather consolidated, with few large-scale manufacturers having procured almost 50% of the global share in 2016. These giants, as it is observed lately, have been readily inclining toward integrating their operational capabilities throughout the supply chain model of the product ecosystem, in a bid to stronghold their presence in the global business space. For instance, renowned biggies like SCG Chemicals and Westlake Corporation, have not limited their production facilities to PE wax, but also PVC, given the fact that these lubricants are extensively deployed in polyvinylchloride production.

Already having witnessed a percentage of authority in the global polyethylene wax industry share, Asia Pacific undoubtedly stands as one of the most opportunistic avenues for overall business growth. In fact, as claimed by Global Market Insights, Inc., the belt covered almost 30% of the overall market in terms of volume in 2016. The massive scope that APAC Polyethylene wax market holds in terms of growth mainly grounds on the fact that the region has shown immense growth in construction, automotive, and food sectors over the past few years. The region, for instance, accounted for almost 35% of the overall construction spending in 2016, and is likely to cover nearly 60% of the global share by 2025.

Inherently stimulated by the fact that PVCs have been increasingly replacing traditional building materials on grounds of its cost effectiveness and versatility, APAC polyethylene wax industry size is slated to generate a substantial momentum in the coming timeframe. Add to it, the expansive automotive sector is also claimed to be another pivotal factor complementing the business growth.

The controlled molecular weight and narrow poly disparity of PE wax provide diverse benefits such as low melt viscosity, narrow melt range and formulating flexibility.

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Aerospace Coatings Market by Technology (Solvent Based Coatings, Water Based Coatings, Powder Coatings)2018-2024

Aerospace Coatings Market
One of the eyepopping spectacular scoop in Aerospace Coatings Market place is UDRI’s contract with the United States Air Force Department. The University of Dayton Research Institute, has been recently awarded a contract worth of USD 1.5 million to evaluate and deliver innovative advanced aerospace coatings for turbine engine parts.

Reportedly, this USD 1.5 million agreement stems from UD’s seven-year contract with U.S. Air Force worth over USD 40 million, targeting environmentally viable and energy efficient technologies for Air Force equipment. While UDRI has always been one of the few renowned names in aerospace coatings industry whose contribution has been phenomenal, being awarded with such a prospective contract by USAF is certainly a news to be reckoned with, claim experts.

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Powered by a barrage of tech benefactors, aerospace coatings market has witnessed remarkable proceeds across a host of aviation fraternities including the likes of military, space, commercial etc. Even a few years back, the application significance of these coatings was deemed to be limited to protection and aesthetic appearance improvement. However, with technological proliferations and subsequent complexity in the aviation industry, the requirement of advanced coatings endorsed with features like faster drying time, lightweight, increased durability, and unique color styling has upscaled tremendously.

These ongoing developments and technological adoption in product designing is expected to conveniently help aerospace coatings industry to establish itself as a remunerative business space over the coming years. This is apparently quite vivid from the estimates by Global Market Insights, Inc. which claims aerospace coatings industry size to surpass the billion-dollar frontier by 2024.

The strategic landscape of aerospace coatings market is chronicled to be rather consolidated with renowned giants like Mankiewicz, PPG Industries, Akzo Nobel NV, Merck Performance, and BASF, procuring almost 50% of the global share. Amidst the intense share battle, product innovations via R&D investments is claimed to be one of the major parameters justifying the sustainability quotient of aerospace coatings industry participants.

In this regard, experts believe, developing economies can prove to be opportunistic investment spots for the market players, pertaining to the supply demand gap in these regions. All in all, with technological advancements in nanoparticle-based coatings and manufacturers’ constant effort in bringing cost effective solutions, the revenue graph of aerospace coatings market is sure to ascend over the ensuing years.

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IntroducinIntroducing Latest Industry Pressure Sensitive Adhesives Market 2018-2024g Latest Industry Pressure Sensitive Adhesives Market 2018-2024

Touted as one of the most remarkable value additions to the current product spectrum encompassing the pressure sensitive adhesives market the latest water-based acrylic adhesive developed by Dow Adhesives, the material science division of the leading pressure sensitive adhesives industry giant DowDuPont Inc, is deemed to generate a substantial momentum in the overall business landscape. Reportedly, the Labelexpo Europe 2017 witnessed the launch of new acrylic-based portfolio of adhesives Robond Invisu PS-7910, said to have been designed for self-adhesive label stock manufacturers who have been aiming at making a mark in the rapidly progressing film-based labels market.

The latest adhesive is claimed to possess enhanced cohesive strength and efficient conversion capacity at all stages of the labeling chain. In consequence, this has enabled the adhesives of the Robond Invisu PS-7910 range to remain stable in all environmental conditions- something which has caught the attention of the prominent stakeholders of the polymers and advanced materials industry. In fact, industry experts have opined that the latest range of adhesives is deemed to garner widescale popularity and is likely to remarkably influence the overall PSA market dynamics.

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Although regarded as negligent components in the entire manufacturing process, adhesives have gradually acquired a crucial role in ensuring the product packaging remains unscathed till it reaches the customer. Undoubtedly, the packaging sector now requires a reliable range of pressure sensitive adhesives to fulfill the increasingly complex packaging demands being faced by them. Considering the challenges of the packaging sector, numerous pressure sensitive adhesives market players have been focusing on developing less visible adhesives that are more discrete than conventional tapes and safer than glue sticks. Furthermore, these newly released adhesives would assist in preserving the brand image of various manufacturers in the packaging domain, which would eventually boost the growth prospects of the pressure sensitive adhesives industry in the ensuing years.

To cite an instance of the efforts being deployed by pressure sensitive adhesives industry players, UPM Raflatac has recently launched Raflatac Permanent Medical Device (RPMD) pressure sensitive adhesive label stock materials for labeling medical devices. As per reports, the new adhesive could be predominantly used to label infusion bags and bottles, sterilization wraps and bags, drug-device combinations like inhalers, pens, and auto-injectors. Needless to mention, such advanced products would undeniably transform the medical and healthcare segment. In fact, as per the recently collated report of Global Market Insights, Inc., medical & healthcare segment of the pressure sensitive adhesives market is said to exhibit a y-o-y growth rate of over 5% in the forecast timeframe.

In a bid to harmonize and streamline the approaches utilized to mark, identify, and package medical devices across the global medical and healthcare vertical, new adhesives have been gaining massive acceptance. The foremost pressure sensitive adhesives market participants have set their sights on improving the existing product base so that these adhesives can be easily printed and utilized to label and package diverse set of medical devices.

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Meanwhile, it would be prudent to take note of the factors that might act as barriers in the pressure sensitive adhesives industry share augmentation. Apparently, the rising prices of raw materials including acrylate monomers, natural and synthetic rubber, inorganic and organic chemicals utilized to manufacture pressure sensitive adhesive tapes might restrain the growth of this business space. However, with an escalating demand for pressure sensitive adhesives across a host of end-user verticals coupled with a stringent regulatory framework in place, pressure sensitive adhesives market is estimated to surpass an impressive valuation of USD 11 billion by 2024.

Chapter 2. Executive Summary

2.1. Pressure sensitive adhesives market 360° synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Technology trends

2.1.3.   Product trends

2.1.4.   Application trends

2.1.5.   End-user trends

2.1.6.   Regional trends

Chapter 3. Pressure Sensitive Adhesives Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.  Profit margin

3.3.2.  Value addition

3.3.3.  Distribution channel analysis

3.3.4.  Vendor matrix

3.3.4.1.  List of key manufacturers/suppliers

3.3.4.2.  List of key/potential customers

3.4. Raw material analysis

3.5. Technology landscape

3.6. Industry impact forces

3.6.1.  Growth drivers

3.6.1.1.  Growth in the packaging industry

3.6.1.2.  Increasing use of tapes and labels in automotive & transportation sector

3.6.1.3.  Ease of application creating a wide acceptance

3.6.1.4.  Advancement in PSA tape technologies

3.6.2.  Industry pitfalls & challenges

3.6.2.1.  Increasing raw material prices

3.6.2.2.  Recycling issues with PSA

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Coated Glass Market trends research and projections for 2017- 2024

In order to achieve revenue benefits and capture more business space, most of the players in Coated Glass Market are focusing on increasing productivity by minimizing manufacturing time and improving product quality. In this regard, they are increasingly deploying automated systems for enhancing the glass fabrication process. Research and development activities are also rampant across this business space to bring forth a range of highly innovative products.

For instance, recently, the researchers of VanadiumCorp Resource Inc., have developed an innovative, energy saving smart glass comprising vanadium as a coating material that saves more energy by restricting IR radiations from the sun to enter into building and preventing loss of heat during the winter season. This vanadium coated glass offers numerous benefits such as anti-glare, energy saving, and self-cleaning capability.

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In the current scenario, well-known automakers have also been planning to deploy new technologies in vehicles in order to attract more customers. Recently, the Israeli start-up technology company, Gauzy has developed smart glass for displaying videos on car windows. It can play targeted localized information and will be used for smart messaging. Furthermore, the leading German automaker, Daimler AG has also collaborated with Gauzy for installing transparent displays on car windows.

This newly developed advanced smart glass will help automakers serve futuristic technology to their customers. The ongoing revolution brewing in the automotive sector with the growing acceptance of smart glasses is slated to stimulate coated glass industry share. As of now, in order to combat the challenges posed by global warming, many regional governments, mainly across the Asia-Pacific have been undertaking numerous initiatives to adopt sustainable technologies.

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For instance, the Singapore government has decided to increase energy efficiency with the deployment of smart-tinting windows across residential as well as commercial sectors. Currently, it is planning to install smart glass on nearly 12 buildings by 2021, as smart tinting windows can reduce at least 20% of the energy consumption of every building. The increasing popularity of tinting windows for minimizing the load on HVAC systems of buildings is poised to propel coated glass industry share over the years ahead.

The massive tech-based developments in industry are likely to have a significant impact on the overall industry trends. The increasing acceptance of energy efficient smart technologies and the unwavering commitment of regional governments toward carbon reduction, energy savings, and sustainability are also slated to commendably boost the product demand. If estimates are to be believed, coated glass market size, by the end of 2024, will surpass a valuation of USD 24.5 billion.

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Advanced Glass Market expects 10.5 billion square meters consumption by 2024

India Advanced Glass Market size from solar control glass applications is likely to register growth close to 5.5% during the projected timespan. These products permit sunlight to pass through them, but restricting the solar heat inside the building. Shift in consumer preference towards sustainable energy resources along with reduction in air-conditioning environment of offices and other commercial buildings to save energy will boost advanced glass market demand in the country.

With the increasing application scope for glass across the electronics, residential, automotive, and commercial sectors, advanced glass market giants have lately been fortunate enough to have access to a plethora of lucrative growth opportunities. They have in fact, been prominently developing a variety of high quality and innovative glass products in order to consolidate their presence in this business space. In addition, to further expand their reach, companies have been adopting growth strategies such as mergers and acquisitions. The recent acquisition of TGP by Allegion is an instance of the efforts undertaken by the leading players of advanced glass market.

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Elaborating further on the aforementioned deal, the leading security products and solutions supplier, Allegion, acquired the North American manufacturer of advanced fire frames, Technical Glass Products (TGP), to primarily extend its reach across North America. The deal has also helped Allegion gain access to TGP’s integrity and innovative ideology. Furthermore, it is imperative to mention that regional governmental bodies have also been playing a pivotal role in increasing advanced glass industry size. For instance, in order to curb carbon dioxide emissions, several regional governments have already deployed a stringent regulatory framework to promote the construction of energy-efficient buildings.

Since last few years, advanced glass market has witnessed the launch of a slew of very interesting and innovative products. The launch of Gorilla Glass is one of the remarkable examples that depicts the continuous research undertaken toward new product development. This product is a next generation, scratch resistance, tough, and highly flexible glass. In fact, currently, many of the electronics and smartphone manufacturers preferably choosing Gorilla glass for their devices. This product offers numerous benefits over other materials like plastic and metal. The increasing adoption of advanced versions of glass by consumer electronics manufacturers is indeed poised to boost advanced glass industry share over the years ahead.

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Speaking along similar lines, a few years ago, the Internet behemoth Google developed augmented reality (AR) based glasses, which garnered mass popularity no sooner than its release. Currently, the large-scale deployment of AR in everyday activities has also considerably transformed advanced glass market outlook. The American audio equipment manufacturer, Bose Incorporation has recently unveiled its plan to develop AR based glasses as well, and has launched its prototype of AR wearables, which comprise motion sensors. In another instance, the American multinational technology company, Vuzix has also developed smart glasses and is looking forward to launching advanced version of wearables for future generation. Initiatives such as the aforementioned are certain to augment advanced glass market size.

The shifting trends toward miniaturization of several electronics equipment are fueling the requirement for highly precise structured glass. In this regard, many players in advanced glass market are adopting new innovative technologies to develop versatile and highly accurate glass wafers. Moreover, some of the companies are focusing on inventions of light solutions for interiors of automobiles and aircraft. For instance, glass manufacturing company, AGC Glass Europe has developed an innovative solution for luxury car roofs. Presently, this light control glass has been installed in Daimler’s Mercedes S-Class model. The notable benefits of this glass include resistance to overheating and UV light, which are significantly attracting other giants in automotive sector. The ongoing research in glass technology for thin film and transparent structure for automotive applications is slated to stimulate advanced glass market outlook.

Heavy investments in research and development activities are likely to strengthen the commercialization potential of advanced glass market. The launch of next-generation wearable glasses and its increasing popularity among the masses will also have a favorable impact on the overall industry expansion. Indeed, the escalating adoption of smartphones and other electronics devices is certain to impel advanced glass market size, forecast to exceed USD 110 billion by 2024.

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Flame Resistant Fabrics industry analysis research and trends report for 2017- 2024

Profoundly claimed to be one of the biggest breakthroughs in Flame Resistant Fabrics Market of recent times, Carrington Textiles is on its way to launch an innovative flame retardant product, Flametech 300AS at the A+A trade fair, in Germany.

 

A state-of-the-art version of the predecessor, Flamestat Satin 225 Pro2 and Flametougher 280AS, Flametech 300AS is reported to provide multifunctional protection to industrial workers against harsh environmental conditions. Global Flame Resistant Fabrics Market is its availability in five different set of colors, including hi-vis orange and hi-vis red, in compliance with the latest EN20471 standards. Experts have already started raving about the product and are expecting the multi-color flame retardant workwear to disrupt the flame resistant fabrics industry.

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Driven by the surging demand for flame resistant apparels across a plethora of end-use industries including transport, mining, construction, military, oil & gas, infrastructure, and construction sector, overall flame resistant fabrics market was pegged at USD 4 billion in the year 2016. The transport sector, unquestionably, is one of the prominent application arenas of flame resistant fabrics market.

The increasing governmental as well as foreign investments with regards to the construction of road, metro, and railway network is certain to upscale the demand for these products. Overall flame resistant fabrics industry from transportation application, as per estimates, is slated to witness a y-o-y growth of 6.5% over 2017-2024. `According to IBEF (India Brand Equity Foundation), the Indian Government has reserved almost 20% of its infrastructural investment of USD 1 trillion for road construction under the nation’s 12th Five-Year Plan (2012-2017). Furthermore, in the Union budget of 2017-2018, the regional government has allotted almost USD 9.55 billion to NHAI for highways and roads. The astounding investment in transport sector is depicting the application scope of flame resistant fabrics market in the country over the coming years.

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Considering the deployment of flame retardant fabrics across myriad end-use domains, flame resistant fabrics market is expected to penetrate majority of the geographies worldwide. Nonetheless, given that governmental initiatives playing a crucial role, it is indisputable that APAC will hold a stronger command in the global flame resistant fabrics industry. Rising investments in the major end-use domains along with a strict regulatory frame of reference with regards to workers safety and protection have enlarged the business opportunity in this belt.  Trailed by APAC, Latin America is another prominent region where the growth prospect of flame resistant fabrics industry is forecast to be positively high.

Speaking of the product landscape, while inherent flame retardant apparels have been chronicled to be the most consumed product, the other two categories such as hybrid and treated fabric have also observed a significant push lately. In fact, hybrid flame resistant fabrics market is claimed to record a CAGR of 6% over 2017-2024. A major credit to this shift in market trend can be credited to the incessant efforts undertaken by the renowned biggies to upgrade their product range and diversify their business portfolio.

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Some of the other biggies involved in flame resistant fabrics industry include Huntsman International LLC, Milliken & Company, LENZING AG, Solvay, and Evonik Industries. These players have been depicting high interest in research activities to come up with innovative products for workers safety. However, fluctuations in raw material price trends and increased price of woven and silk materials are hindering the business proliferation to some extent.  Nonetheless, with increasing governmental initiative toward workplace safety and labor protection, the end-use landscape of flame resistant fabrics industry is sure to widen over the ensuing years.  In terms of revenue, Global Market Insights, Inc. forecasts the overall business space to exceed a valuation of USD 6 billion by 2024.

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Analysis of Aseptic Packaging Market applications and company’s active in the industry

Aseptic Packaging Market, in recent years, has come to thrive as a rather profitable business space, owing to the increasing demands for processed and packaged food and disposable healthcare instruments like vials and prefilled syringes. With hectic work schedules and changing lifestyles around the globe, packaged food is steadily replacing home-cooked meals, a trend that has given a boost to the packaged food and beverages industry, indirectly propelling aseptic packaging market share. It is also prudent to mention that dual income households have led to consumers willing to pay more for healthier food packages, which would indeed provide a positive impetus to aseptic packaging industry size, estimated to register a 9.9% CAGR up to 2024.

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The term ‘aseptic’ can be translated to mean the exclusion of any unwanted organisms from a typical food or pharmaceutical product. The aseptic process of packaging uses flash pasteurization and sterile packing of the product ensuring its lasting freshness and shelf stability. Aseptic packages are treated to withstand 127°C and 100°C for high and low acid products respectively, making them perfect containers for dairy and pharmaceutical products, inherently impelling aseptic packaging market.

Aseptic Packaging Market worth is estimated to be over USD 70 billion by 2024, driven by the huge demand from the food processing and packaging sectors. The demand for nutrient value retention, less per unit product cost, and uniform product quality have emerged as driving forces for aseptic packaging industry. Furthermore, these products facilitate easy dispensing and disposal and help combat the BPA (bisphenol A) controversy, which would substantially drive aseptic packaging market share over 2017-2024.

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The product landscape of aseptic packaging market comprises cartons, bottles, vials, ampoules and pre-filled syringes. Bottles and cartons among these, are particularly deployed in the packaged food industry, the biggest end-user of the aseptic packaging market, which is appraised to witness 8% CAGR over 2017-2024. Emerging economies as well as developed nations are likely to contribute toward the growth of the packaged food domain, given the soaring demand for pre-packaged and ready-to-eat food worldwide. In consequence, aseptic packaging industry share from cartons has been forecast to attain the biggest share by 2024, with a CAGR anticipation of 9% over the forthcoming seven years. This growth projection can primarily be attributed to increasingly widespread use of aseptic cartons for packing dairy products as well as high acid content beverages.

It is prudent to mention that aseptic packaging keeps these products fresher and preserves their original taste without the requirement of added preservatives. The desirability of consuming something that is unadulterated by preservatives has a greater appeal and benefit for the consumers. Thus, aseptic packaging industry has been gaining prominence due to increasing public awareness regarding the consumption of aseptic packaged food as opposed to food packed in cheap plastic containers. Given that governments around the globe are also in favor of aseptic carton packs owing to their recyclable and eco-friendly nature, aseptic packaging market share has been gaining mass appeal lately.

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Consumers have always depicted greater preference for novel and practical packaging designs as far as food & beverage products are concerned. Recently Tetra Pak, the aseptic packaging industry giant, launched the aseptic bottle called Tetra Evero. The biodegradable nature of this bottle combined with the aspects of new design, enhanced hygiene and food safety and increased longevity of food is likely to greatly attract customers to try out the product. The longer shelf life of the packaging is one of the key reasons why Tetra’s products fare better in Europe, since European homes and supermarkets have smaller refrigeration areas than their North American counterparts.

Asia Pacific had been leading the aseptic packaging market in 2016, while its shares are expected to surpass USD 25 billion by 2024. Owing to rapid urbanization, advent of supermarkets and increasing proportion of the female workforce in countries like India and China, pre-packaged and ready-to-cook foods have gained mass popularity in APAC. The demand for foreign foods in local markets is also contributing to the growth of the aseptic packaging market in the region, state experts. Furthermore, the changing consumer preferences in countries like Indonesia and Australia will also help augment this business space across APAC.

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Fractovia.org is one of India’s leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

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