Piezoelectric Polymers Market Demand, Supply, Growth & Forecast By 2019-2025

Piezoelectric Polymers Market is likely to witness an upsurge in its growth path in the coming years due to developments in the electronics industry. Piezoelectricity is a property in certain materials, which expand or contract in an electrical field or can generate an electrical charge when pressure is applied. This characteristic in polymer comes from the robust molecular dipoles within the molecular chain and from resulting change of dipole density upon application of a mechanical stimulus.

Progress in the global electronics industry will augment the piezoelectric polymers market during the forecast period. The global electronics industry is likely to grow at a rate of 4% in the forecast timeframe. The consumer electronics segment has experienced a rapid growth and generated a revenue of over USD 295 billion in 2018. Out of this, China generated a revenue of USD 115.5 billion. The revenue is likely to growth at a pace of 8.4% in the coming years, which drive the product demand as it is majorly used in generators, actuators, sensors, etc.

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Rising demand for energy sector will also escalate the demand in the piezoelectric polymers market, as the product is used in seismic sensors, for pipeline detection, water metering and solar panels. Other industries such as health, aerospace, defense, consumer goods, construction, etc also use the product in their manufacturing process and growth in these industries will subsequently boost piezoelectric polymers market by 2025.

Polyvinylidene fluoride (PVDF), POLY (vinylidene fluoride-trifluoroethylene and tetrafluoroethylene) copolymers P(VDF-TrFE), and others are the various product types in the piezoelectric market. Others include product like polyamides, liquid crystalline polymers, polyureas, biopolymers, polyvinyl chloride (PVC), polyacrylonitrile (PAN), nitrile-substituted polyimide, etc. Polyvinylidene fluoride (PVDF) and P(VDF-TrFE) occupies a significant share in the piezoelectric polymers market due to their unique features. The structural symmetry of the fluorine and hydrogen atoms along the polymer chain of PVDF gives rise to excellent polarity effects that stimulates the electromechanical response, dielectric properties, solubility, crystal morphology, and yield an exceptional high dielectric constant. Poly (vinylidene fluoride-trifluoroethylene and tetrafluoroethylene) copolymers also display significant piezoelectric effects.

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On the basis of application, the piezoelectric polymers market is segmented into actuators, sensors, motors, acoustic devices, generators, transducers, and others. Sensor is an important application segment in the piezoelectric polymers market which use a substantial amount of this product. The product is very sensitive to temperature change. For instance, fingerprint readers are developed in a way that it is able to sense the temperature differential between the ridges of the fingerprint. Other characteristics like membrane forming properties, low permittivity, good chemical resistance, low acoustic impedances, high thermal stability, and flexibility makes the product a best fit for making sensors.

This product is used for a variety of purposes like perimeter monitoring, audio speakers, asset tracking, vital signs monitoring, voice amplifications, energy harvesting, acoustic emission, etc. Usage of the product in various industries would further augment the piezoelectric polymers market.

Asia Pacific is a fast-growing region with a significant share in the piezoelectric polymers market. This growth is attributed towards the rising demand for consumer electronics in this region. Moreover, improving living standards of the consumers, rising population, and industrialization in the developing nations is most likely to escalate the demand for the product. Rising demand from countries like China, India, and Japan would significantly boost the growth of piezoelectric polymers market in the coming years. Surging demand for renewables would be a significant driver in the piezoelectric polymers market as the product is increasingly being used for making photovoltaic cells. These cells are gaining prominence in the region as they are able to generate electricity from the mechanical vibrations caused by wind, tide, or rain.

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Some of the key market participants in the global piezoelectric polymers market includes Solvay S.A., Arkema, Kureha Corporation, Toray Industries Inc., Polyk Technologies etc.

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Carbon Black Market Growth, Forecast 2019- 2025

The Global Carbon Black Market is expected to grow steadily during the forecast time span. Carbon black primarily contains over 95% of pure carbon along with oxygen, nitrogen and hydrogen, and these particles usually range from 10 nm to 500 nm in terms of size. It is produced by partial combustion or thermal decomposition of liquid or gaseous hydrocarbons under organized conditions.

Carbon black market will be driven by thriving tire industry which is boosted by rising automobile sales. The automobile sales will continue to remain on higher side due to increasing population and higher disposable income levels. Such trends along with supportive investments will propel the tire industry, thereby bolstering the carbon black market in near future. Rising global rubber production will positively influence the production of rubber goods. According to Malaysian Rubber Board, worldwide rubber production has increased by approximately 21% from 2010 to 2017.

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Large scale investments in construction industry is another key factor contributing to the market growth all over the world. The positive outlook of construction industry will bolster the paints and coatings market. The global coatings market witnessed growth by around 4% in 2017 and such growth trends will remain solid in future. These factors will trigger the carbon black market within the forecast period.

The market growth will be affected by carcinogenic content present in carbon black. It poses risk of lung cancer and respiratory discomfort due to high concentration exposures. The other factor hindering its market growth is the availability of substitutes such as silica and food waste. The usage of food waste significantly reduces the environmental concerns.

Based on type, carbon black is classified into furnace black, thermal black, acetylene black, lamp black and channel black. Furnace black is produced by partial combustion of petroleum oil or coal oil in refractory chambers. Thermal black is produced by decomposition of hydrocarbons in heated refractories in absence of air. Acetylene black is produced by thermal decomposition of acetylene gas in refractory chambers without any involvement of air. Lamp black is produced by soot collection obtained from fumes of pine wood or burning oils. Channel black is produced by combining partially combusted fuel with channel steel.

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Based on application, the market is segmented into tires and rubber goods, coatings, polymers, printing, and electronics. In tire, carbon black is used as a reinforcing agent in various components such as inner liners, sidewalls and treads. Moreover, it is used in membrane roofing, industrial rubber goods, automotive rubber parts including sealing systems, anti-vibration parts and hoses, and general rubber goods including belts, gaskets, seals and hoses. It is used as a pigment in coatings and plastic manufacturing, while enhancing the performance of materials in terms of viscosity, conductivity, static charge control and UV protection. It is used in electronic equipment such as display components, OA rolls and magnetic recording materials for provision of stable resistance.

Asia Pacific will capture significant market share in global carbon black market owing to growing tire and construction industry. Developing economies such as China and India are spending huge amounts of money for the development of residential, commercial and infrastructure buildings. North America and Europe will witness steady growth due to increased production of tire and rubber goods. Increasing demand for personal vehicles in this region will propel the tire and rubber goods industry as well as paints and coatings industry. Such trends will catapult the demand of carbon black over the forecast period.

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Some of the key players in carbon black market are Orion Engineered Carbons, Birla Carbon, Cabot Corporation, Philips Carbon Black Ltd., Tokai Carbon Co., Ltd., Continental Carbon Company, Black Bear Carbon B.V., Longxing Chemical Group, Shandong Huadong Rubber Materials Co., Ltd., Nippon Steel & Sumikin Chemical Co., Ltd., Mitsubishi Chemical Corporation, OMSK Carbon Group, and Imerys Graphite & Carbon Switzerland SA.

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Beverage Refrigeration Market Study by Competitive Analysis and Future Prospects to 2024

A detailed analysis of the Beverage Refrigeration is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the Beverage Refrigeration report also contains information on the pivotal industry insights for core players to look out for.

The commercialization matrix of beverage refrigeration market is forecast to be positively high over the forthcoming years with the continuous modernization of food preservation techniques. Along with provision of cooling at a diversified storage conditions, beverage refrigeration industry participants are increasingly focusing on curbing the detrimental impact of the refrigerants on the environment. In this regard, it is prudent to mention that Frigel’s ingress in the business with its engineered refrigeration system has significantly impacted the overall competitive landscape of the industry.

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With U.S. at its foray, it is no surprise that North America beverage refrigeration market has carved profitable roadmap over the recent years. This can be primarily credited to the escalating consumption of refreshment drinks in this belt as well as the technological affluency of the countries under its veil.  In fact, statistics claim that U.S. liquid refreshment beverage market recorded a volume coverage of almost 33 billion gallons in 2016.

As the consumer trend toward liquid beverages continues to upsurge, it is quite overt that the demand for safer and sustainable refrigeration techniques would witness a meteoric rise.  Global Market Insights, Inc., estimates that North America beverage refrigeration market size will surpass a revenue collection of USD 1 billion by 2024.

Product analysis:

Product segmentation: The report claims that the Product landscape of the Beverage Refrigeration is subdivided into –

  • Under Counter Beverage Refrigerator
  • Countertop Beverage Refrigerator
  • Storage Beverage Refrigerator

Important pointers encompassed pertaining to the Product spectrum:

  • Major details about the Product spectrum are provided in the report.
  • The study elaborates on the remuneration forecast of each of the Product categories by the end of the anticipated duration.
  • The market share which each of the Product segments account are mentioned in the study.
  • Also, the most proliferating trends that the Product spectrum is characterized by are also entailed.

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Nowadays, consumers are increasingly becoming health conscious, a factor that has completely changed the overall dynamics of food refrigeration industry, leaving a perpetual impact on beverage refrigeration market as well. In addition, increasing penetration of supermarkets and hypermarkets in the retail space is propelling commercial refrigeration equipment market demand across the globe. With increasing appetite for technological advancements in this particular business arena, beverage refrigeration market despite accounting for a minor fraction of the colossal HVAC industry, has a lucrative growth path ahead in terms of profitability landscape. A recent report put forth by Global Market Insights, Inc., claims beverage refrigeration industry size to surpass a valuation of USD 4.5 billion by 2024, with a volume coverage of 7.4 million units over the coming years.

The Beverage Refrigeration research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the Beverage Refrigeration has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the Beverage Refrigeration.

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North America, the extensive growth of beverage refrigeration market is quite vivid across APAC belt. Increased packaged drink consumption is deemed to be the preliminary drive stimulating the regional market outlook. As per a recent statistic, global consumption of packaged drink in the year 2016 was approximately 1.05 trillion liters, of which China alone accounted for almost 178.6 billion liters. The figure itself is a testament of the humongous business opportunities that APAC industry holds for the investors in the coming years. Procuring almost 20% of the overall beverage refrigeration industry share in 2016, it is anticipated that the region will cover a major chunk of the global business landscape by 2024. Moreover, with a population coverage of almost 60% of the global count, experts believe that APAC will certainly witness an upper hand in the overall beverage refrigeration industry over 2017-2024.

As far as the competitive profiling is concerned, beverage refrigeration market is highly fragmented in nature and is still at its initial stages of development. Some of the prominent players involved in the industry include Electrolux, Dover Corporation, Whirlpool Corporation, Daikin Industries, Coca-cola, KingsBottle, HABCO, Danfoss, Liebherr, Kenmore, and General Electrics.

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Plastisols Market Demand, Supply, Growth & Forecast By 2019-2025

Plastisols Market size is likely to grow at a steady rate in the forecast period driven by rising demand from automotive, textile, and construction industries. These end-industries have a wide range of applications where plastisols can be used for the manufacture of automotive component covers, hand gear grips, cable shrouds, gear lever, bellows, gaiters, sleeves, and high-gloss tip moldings.

Plastisols consist of fine polyvinyl chloride (PVC) particles in plasticizing liquids which may be fused without the risk of water or solvent blistering. There are several techniques to process these products such as dipping, coating, spraying and pouring. They find extensive usage in construction industry in piping, fitting, swimming pool liners, in food processing piping, wall coverings, coated paneling’s, chemical processing, coatings and adhesives. Global construction market size surpassed USD 15 trillion in 2017 and is likely to grow significantly owing to population growth and government investment in infrastructure projects which should boost plastisols market growth.

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Plastisols market comprises of moldings, textile printing, coatings, sealants and adhesives. Global coating market size surpassed USD 15 billion in 2018, and is  likely to grow to further owing to the evolution of the electric vehicles market, self-driven trucks and automotive cars. Rising disposable incomes; improving living standards; flexible government taxation policies; and rapid technological advancement in products & product offerings, by major international and domestic players at competitive prices should stimulate demand for plastics such as PVC, which, in turn, is driving the plastisols market for coatings application.

Plastisols find widespread usage in industrial apparels, fabrics, home furnishing, footwear, personal protective equipment, and laminated textile. These substances are widely adopted in the textile industry for treating non-woven, knitted, and woven textiles, printing inks and for dying paper or textile. Global textile market size is predicted to surpass USD 1.20 trillion by 2025 owing to increasing disposable income and urbanization which should stimulate market growth. The development of technical textiles that offer protection against high temperatures, molten metal impact, and acid environment is estimated to fuel plastisols market growth.

Asia Pacific plastisols market size led by Japan, India, China and South Korea should witness significant market growth owing to the shift of textile and apparel manufacturing plants from the US and Europe pertaining to low cost. The regional market is registering growing demand from transportation and textile industries for eco-friendly products. Growing foreign investment  in India and China is likely to stimulate product demand in the predicted period.

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North America led by Canada, Mexico and U.S. plastisols market demand is likely to increase substantially owing to growing transportation, textiles and construction industries. Favorable regulations for plastisols commercialization and growing product adoption for screen printing should boost regional market growth. The existence of various textile ink companies in the region such as PolySol, International Coatings Co., and PolyOne Corporation should further drive market growth.

Significant toxicity of phthalates and PVC is likely to hamper plastisols market growth. Garments coated with plastisols ink do not decompose, are difficult to recycle, and release harmful dioxides & hydrochloric acid on incineration. The most critical hazard of these products is their cleaning and disposal. Proper cleaning system should be used to minimize the environmental effect. Researchers are working to nullify the environmental effects by using non-toxic plasticizers and eco-friendly screen printing inks, which should foster market growth.

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Global plastisols market share is significantly competitive and fragmented among various manufacturers such as  Bostik, The Dow Chemical Company, 3M, H.B. Fuller Company, Henkel, Dow Corning Corporation, Chemence, Franklin International, and Illinois Tool Works Inc. Various manufacturers are engaging in strategic mergers & acquisitions, expansions, new product development, joint ventures, agreements, and partnerships to achieve competitive advantage and boost market growth.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

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Recycled Plastics Market Update, Analysis, Forecast, 2019-2025

The Recycled Plastics Market demand is expected to grow in the upcoming years due to their increasing usage in various end-use applications. Recycled plastics are recovered form of plastics or scraps coming out of municipal, industrial, commercial and consumer wastes. The key growth driving factor for the recycled plastics industry is rising impacts of plastic disposal on environment. Plastic products are non-biodegradable and are often disposed of directly to the landfills. But the problems associated with its method of disposal are ecologically harmful in the long term as it takes a significantly long time for decomposition. Disposal in the water bodies also pose serious threats to the marine ecology. Thus, rising concerns over the plastic disposal will boost the product demand in the upcoming years.

Another key growth enabling factor is rising awareness regarding energy savings. Recycled plastics manufacturing can reduce the energy consumption by 80% to 90% than virgin plastics. It also saves consumption of a large amount of petroleum products and emission of carbon dioxide gases. Many multinational companies have taken an initiative to use the product instead of virgin plastic products For example, Nestle has planned to achieve 100% fully recyclable packaging by 2025.

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Though recycled plastics offers a range of advantages over virgin plastic, but the challenges associated with collection & sorting are likely to hamper the market demand in the upcoming years. Further, low awareness of plastic recycling in the developing countries will further hamper the market demand in the forecast time period.

 

 

Recycled plastics market has been segmented based on the source, type, end-user industry and region. Based on the source, the industry has been categorized bulky rigids, fiber, foam, bottles. Among these, bottles are expected to grow significantly in the upcoming years.

On the basis of type, recycled plastics are categorized into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), and others. Other recycled plastics includes polycarbonate (PC), polyamide (PA), etc.

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On the basis of end-user industry, the market has been segmented into automotive, packaging, textile, personal care, household and others. Other end-user segment consists of agriculture, paints & coatings, etc. Packaging industry will have a significant growth in the recycled plastics market in the upcoming years. Rising food & beverages demand across the world will drive the need for packaging products, which will further increase the product demand in the upcoming years. Automotive industry is also expected to see a considerable growth in the recycled plastics market. The automotive manufacturers use plastic materials for producing variety of structural components and body parts. Increasing demand for lightweight vehicles will further drive the product demand in automotive industry in the forecast time period.

North America and Europe are key markets for recycled plastics, and are regulated by strict norms and legislations for recycling. The American and European nations have taken strong steps to curb their plastic disposal, thus boosting the product market significantly. Asia Pacific is also likely to witness a significant growth in recycled plastics market owing to rising demand from the regional packaging industry. Many fast developing nations of Asia Pacific, such as China, India, Japan, Singapore, etc. are taking steps to promote the recycled plastic demand over the coming years.

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Some of the key market players of recycled plastics market, which include SUEZ, KW Plastics, B. Schoenberg & Co, Clear Path Recycling, Custom Polymers, Plastipak, Green Line Polymers, B & B Plastics, Ecosheet and The Shakti Plastics Industries.

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Future Analysis For Eyewear Market Forecast By 2019 – 2025

Eyewear Market size is estimated to surpass USD 170 billion by 2025; according to a new research report by Global Market Insights, Inc. Growing consumer awareness towards the significance of eye checkups coupled with increasing purchasing power will propel the eyewear market in the forecasted timeframe. Factors such as hectic lifestyle, favorable demographics, vision deficiencies along with rising eyesight and vision deficiencies, is expected to drive eyewear market growth.

Another significant aspect is the continuous exposure to digital displays such as smartphones and tablets has increased vision problems which has further amplified industry demand. Growing applications of corrective eyewear among people to correct refractive errors is anticipated to propel the market demand.

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Robust demand for piano sunglasses in the industry is expected to augment the demand for contact lenses, minimizing the dependence on spectacles. Reasonable prices, modality and greater comfort and convenience offered by eyewear products will create greater opportunities for eyewear manufacturers. Moreover, continuously changing prescriptions for eyewear has resulted in increasing renewal of lenses positively influencing the product demand.

Increasing demand for corrective eyewear owing to rising elderly population has resulted in expanding demand for eyewear market. Changing lifestyle and increasing beauty consciousness among the customers will propel the demand for sunglasses and prescription frames. Rising popularity of progressive lenses owing to its benefits such as clear vision and elimination of image jump will propel the demand for eyewear market.

Rapid technological advancements due to significant investments in R&D by leading manufacturers will provide a strong business outlook. Transformation of eyewear producers from unorganized to organized sector coupled with technical developments will propel the eyewear market share. Moreover, favorable government policies & regulations pertaining to the reduction of carbon & VOC emission during the manufacturing processes will boost the market growth.

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North America holds more than 37% of the global eyewear industry share in 2018. Increasing demand for corrective eyewear owing to the rising prevalence of eyesight disorder in children at younger age, specifically in U.S. will drive the demand for eyewear market in North America. Increasing occurrence of chronic eye diseases causing vision loss due to uncorrected vision impairment and un-operated cataract will propel the demand for eyewear market. Increasing prevalence for myopia in the region owing to the prolonged usage of gadgets will propel the industry growth in forecasted timeframe.

Eyewear market from optical stores was valued at USD 29 billion in 2018. Optical stores offer ease in eye examinations and consultation services from practiced optometrists as lower costs. Hence, rise in consultation charges from external ophthalmologist is expected to drive the product demand through the distribution channel. Further, the stores offer large product observe high consumer loyalty owing to reasonable process as well as improved post sales service. Also, key advantages such as getting the right fit and fast & easy comparisons is attributing to considerable segmental growth.

Spectacles dominated the global eyewear market share, holding over 55% of the volume share in 2018. Strong economic growth and rapid urbanization is surging the demand for designer and branded frames. Further product developments such as lightweight frames along with innovations in eyeglasses offering innovation in eyeglasses offering improved UV protection, fog resistance, and anti-glare properties is augmenting the business expansion.

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Global eyewear market share is highly competitive owing to the presence of a large number of regional and multinationals players. The key players include Luxxotica, Essilor International S.A., Alcon, Cooper Vision, Fielmann AG, Safilo Group SpA, Johnson & Johnson, De Rigo SpA, Bausch & Lomb, Rodenstock, Hoya Corporation, Carl Zeiss, and Marcolin Eyewear. The key strategies observed among the industry participants include merger & acquisitions, new product development, capacity expansions, and technological innovations to gain competitive advantage. For instance, in January 2019, Cooper Vision acquired Blancard Contact Lenses to enhance its product portfolio.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Future Analysis For Metal Foam Market Forecast By 2019 – 2025

Metal Foam Market size is expected to cross USD 100 million by 2025, according to research conducted by Global Market Insights, Inc. Rising initiatives and industry trends to reduce the vehicle weight will drive the metal foam demand in the automotive industry. Increasing usage of metal foam to manufacture the lightweight vehicles to reduce fuel consumption will drive product demand.

Metal foams are used as a sound dampers, firewall material in vehicle body parts & structure as it offers thermal insulation, heat exchanger and fire resistance benefits. Moreover, increasing consumer shift toward electric cars will increase the metal foams demand, which will further spur the product market in the next few years.

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In general, an electric vehicle’s battery produce heat & voltage and that need to be covered with a special material to ensure no power surges. With the continuing drive to keep vehicle weight to the minimum, metal foams offer a clear advantage over the traditional mechanical fixings. Additionally, increasing investments by automotive companies in hybrid and electric cars will increase the use of specialty metal foam. In 2017, Volvo announced that it is planning to manufacture only hybrid and electric cars by 2019. In July 2018, there is an increase of 66% in sales of plug-in vehicles from July 2017.

China accounted for around 51% of the overall volume of plug-in vehicles and reached a peak share of 4.8% plug-ins in the world’s largest car market. Mass production and critical production process are some restraining factor for metal foam market growth in coming. The metal foam production with desirable properties is slightly hard and act as a restraint for entire market growth.

Global metal foam market is divided into product, material and end-use sector. The product segment further categorized into closed and open cell. Among these products, closed cell metal foam will witness the growth with more than 4% CAGR between 2019 to 2025. Impact absorption, heat & fire resistance are some characteristics of the products, which makes it perfect for building & construction and automotive applications.

 

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Based on material, global market is segmented titanium, copper, aluminum, zinc, and others. The other metal foam materials comprises nickel, magnesium, cadmium, steel, etc. Among these materials, copper is likely to growth with over 3.5% CAGR in future as it is ideal for sound and vibration absorption, heat exchangers.

 

Based on end-use sector, global metal foam market is divided into energy, building & construction, automotive, healthcare, automotive and others. The other end-use sectors include railways, consumer goods, marine, etc. From these end-use, building & construction is likely to grow with more than 5% CAGR between 2018 to 2025. Growth in building & construction sector in various countries of Middle East and Africa along with India due to rapid population growth is one of the major driving factors for metal foam demand.

Based on geographies, the market is segregated into five regions Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. Middle East & Africa will register revenue more than USD 2,800 thousand of entire metal foam market by 2025. The Middle East construction market is showing a reassuring paradigm shift. The local governments are supporting many construction projects and are trying to attract FDI in this sector. Countries are shifting their focus from oil to other activities related to tourism, fashion etc. The combination of these factors has played a very decisive role in giving an up thrust to both capital and infrastructure projects. This in turn, will boost the metal foam market size in future.

 

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American Elements, ERG Material & Aerospace, Havel Metal Foam, Exxentis Ltd, Ultramet, Alcarbon, Fraunhofer, Nanoshel LLC., FOAMTECH are some key manufactures in the market.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Polyaryletherketone Market Size Market Share & Forecast, 2019– 2025

Polyaryletherketone (PAEK) Market size is expected to cross USD 1.5 billion by 2025, according to research conducted by Global Market Insights, Inc. Continuous developments in the medical device sector to combat the complex health related issues will characterize the global PAEK demand. Medical device manufacturing has witnessed rapid changes over the past few years due to increasing government initiatives. For instance, Government of India has facilitated easy modes of foreign direct investments (FDI) in the medical sector in 2017 to boost manufacturing of medical devices in the country. Major international players such as 3M, Hollister, Becton Dickinson, etc. have made the Asia Pacific region as their manufacturing base due to liberal regulatory policies, lower labor costs, and ease of doing business.

The U.S. is also likely to witness rising usage of medical devices in the coming years due to increasing geriatric population in the country. In 2015, the U.S. Census Bureau had reported around 49 million people in the geriatric population category. PAEK products are biocompatible and show superior thermal, chemical, and biological stability. These products are widely used for the production of implant devices, surgical instruments, structural components for medical devices, etc.

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High price associated with the product and substitute availability in the industry are likely to hamper the polyaryletherketone market growth in future. Fiber reinforced polymers such as polyamide (PA), polyethylene terephthalate (PET), polycyclohexylene dimethylene terephthalate (PCT), and polybutylene terephthalate (PBT) are some of the substitute products which have high thermal and chemical resistance and will provide stiff competition to the product demand.

 

Polyaryletherketone (PAEK) Market is segregated into product type and end-use sectors. The product type segment is divided into PEKK, PEK, PEEK and others. The other products include less popular products such as PEEKK and PEKEKK. Among all product types, PEEK will hold sway the market and will account for more than half of the overall market by the end of the forecast period. It is used in the production of various industrial parts and components such as valves, O-rings, bearings, etc.

 

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On the basis of end-use sector, the Polyaryletherketone Market is bifurcated into medical, marine, electrical & electronics, aerospace & automotive, oil & gas and others. The other end-use sector includes textile, 3D printing, protective coatings, etc. Among these, aerospace & automotive and marine will collectively hold more than 30% volume share of the entire market and is likely to witness high growth over coming years. PEEK is used for various aircraft applications including seating & structural supports, bracket for luggage compartment retainers, vent grills, critical assembly components, nuts & bolts, tubing & pipes, etc.

 

 

Europe will be a key market for Polyaryletherketone Market products and is likely to reach over USD 600 million in 2025. End-user industries such as automotive, electronics & electrical are at mature phase in the region with some of the major global players. In automobile sector, most of the luxury car manufacturers are preferring Polyaryletherketone Market products for components such connectors, piston parts, etc. These high performance polymers make the vehicle lighter in weight and provide certain aesthetic aspects to the vehicle.

 

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Victrex, Mitsubishi Chemical Advanced Materials, Ensinger, Arkema, Gharda Chemicals, RTP Company, Evonik Industries, Akro Plastic, Lehvoss Group, Panjin Zhongrun Chemical, Triveni Chemicals Limited, Toray Advanced Composites are some prominent players in the polyaryletherketone (PAEK) market.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
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Analysis of Fire Protective Materials Market applications and company’s active in the industry

Fire Protective Materials Market is likely to grow at a steady rate over forecast time due to increasing fire safety codes and growth in construction activities.

Fire protective materials help to resist and withstand burning. These protective materials are bifurcated into active and passive fire protective materials. Active fire protective materials are used manually or automatically which require some action or motion for fire suppression such as spray, sprinkler system, extinguisher etc. and passive fire protective materials are those which are deployed in infrastructure and doesn’t require any motion or action. The overall building protection is carried out by using fire resistance walls, doors, liners etc.

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Increasing awareness of public safety and security, stringent government rules about pyro safety, probable loss of valuable assets, technological advancement and rapid urbanization will drive the market in coming years. Use of these products in structural buildings of oil & gas industry to avert damage caused by explosion will also propel the market growth. The protective materials incorporated in buildings not only provide fire protection but also provide stability, integrity, and insulation.

Innovation in products such as use of carbon reinforced fiber in reactive insulation coating, water based coatings, epoxy intumescent coatings, etc. will provide opportunities for industry growth in the future. Environmental & health concern along with high price of raw materials are the restraining factors of this industry.

Fire protective materials are available in different types such as sealant & fillers, mortar, sheets/boards, cast-in devices, cementitious material, duct tape, intumescent coating, and others such as pyro blocks, asbestos, etc. Cementitious materials are expected to boost the industry owing to its use for thermal and acoustic insulation in steel infrastructures. It is comparatively low cost and has quick application time, making it a popular product among end-users. Sealant & fillers is also likely to witness high growth due to its increased usage in steel infrastructures. Putty will also have a significant market share due to increase in commercial infrastructure construction activities in developing and developed countries.

Based on application, fire protective materials are used in doors, windows, fire resistance glass, cables, linings, screens, and other structures such as wire tray, structural steel fire proofing cables, etc.

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Based on end-user industry, fire protective materials are used in commercial, industrial, & residential construction, oil & gas, pharmaceuticals, aviation, electronic, petrochemical, and other industries such as aerospace, chemical, etc. Commercial construction is expected to boost the protective material market due to increasing product demand in construction of schools, colleges, hospitals, offices, universities etc. Residential construction is likely to contribute a significant market share in the industry due to rapid urbanization as well as technological adaptation in the construction industry in developing countries. Petrochemical industry will also contribute to the market growth of protective materials owing to explosive and highly flammable compounds that this industry deals with.

North America is likely to be one of the largest regional market for these products in terms of volume and value, owing to reasons such as stringent government codes regarding pyro safety, upgradation of existing infrastructure according to new legislations, and growing construction industry.

High fire protective materials demand in Asia-Pacific due to rapid industrial and commercial construction in developing countries such as India, Japan, China, South Korea will augment the market in this region.

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Middle East & Africa is also likely to have substantial share in this market owing to rapid urbanization and industrial development. The growing disposable income coupled with awareness about pyro safety measures will propel the market in this region. FIFA world cup in Qatar in 2022 will boost the construction industry in the Middle East which in turn will propel the market growth.

The key participants in this industry are The Sherwin Williams Company, Hempel A/S, 3M Company, Nippon Paint Co. Ltd, Akzo Nobel N.V, BASF Coating GmbH, Rolf Kuhn GmbH. Some other notable players are PPG Industries Inc., Svt Holding GmbH, Hilti Group, Isolatek International, Termo Incorporated, Rectorseal, Morgan Advanced, Contego International Inc, Pilkington Group Ltd, etc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/  

Asbestos Gloves Market: An Insight Of The Aggressively Changing Industry Dynamics

Asbestos Gloves Market will witness substantial growth from industrial applications due to superior heat resistance capability and excellent flexibility. Shifting focus towards labor safety & security across construction, mining, manufacturing and chemical industry will propel the industry growth. As per analysis, gloves reduce the risk of hand injury by about 60%, making it one of the most efficient industrial personal protective equipment.

Rapid industrialization particularly in China, Russia, India, Mexico, Brazil, and South Africa has enhanced the product demand. Increasing manufacturer focus towards their employee safety & security to maintain company standards and values will propel asbestos gloves market growth. Rising product demand for metalworkers, welders and glassblowers owing to superior heat resistance, up to 350O C will boost product penetration.

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Stringent occupational safety regulations enacted by government and regulatory institutions to ensure safety from fire and heat will support asbestos gloves demand. Under Occupational Safety and Health Act of 1970, OSHA is accountable for sustaining healthier and safe working conditions for workers primarily in areas that are surrounded by contaminated, hazardous and extreme heat conditions. ASTM International and National Fire Protection Association (NFPA) also formulated standards to ensure labor safety and health.

Strong outlook in firefighting industry due to high temperature surroundings and flame encounters will propel the asbestos gloves market size. Increasing awareness to ensure safety of firefighters during fire accident will drive product demand. Increasing product usage in aviation industry as safety equipment during firefighting will further augment product scope. Strict safety standards in aviation industry to enhance complete security will fuel asbestos gloves market.

Rising product demand from potters particularly during pot extraction from blazing hot kilns will drive asbestos gloves market size. Growing number of steel plants globally will create positive outlook for product demand owing to resilient resistance against extreme temperatures and corrosion. Increasing need for abrasion resistance material during several operations including grinding, drilling and welding has enhanced product scope. Necessity for safety gears during handling of high temperature equipment accompanied by abundance raw material availability will support industry demand. Increasing product adoption in food processing industry due to its high temperature resistance property will drive asbestos gloves market size.

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Europe asbestos gloves market holds a significant share in the global industry share. Globally, Russia is the largest producer of asbestos material accounting for 53% of the overall production in 2016. However, European Union will witness sluggish industry growth due to restrictive standards on product usage particularly in Denmark, Germany, Italy, Netherlands, Norway and Sweden.

Asia Pacific asbestos gloves market is expected to witness substantial growth in forecast period. Abundant presence of mining reserves particularly in China and Kazakhstan will support business growth. Rapid industrialization has enhanced safety gears demand particularly in China, India, Japan and Taiwan. Increasing number of manufacturing facilities with furnace and incidences of high temperature material handling will further propel industry demand.

MEA asbestos gloves market will witness notable gains in forecast period. Rapid urbanization and industrial development are key factors supporting industry demand. Increasing disposable income along with awareness regarding fire safety measures will boost the industry size. High application scope in petrochemical industry to ensure safety from explosive and highly flammable compounds will support product penetration.

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Global asbestos gloves market share is highly fragmented due to presence of large number of regional manufacturers operating in domestic market. Supreme in Safety, Acme Safety, JOMAC Canada, Unarco, Steel Grip, Ansell and Towa Corporation are among major industry players. Other notable participants include Fisher Scientific Company, Guard-Line, Top Glove, Rubberex, National Safety Solution, Protector Fire & Safety, Core Safety Group and Oriental Enterprises. Heavy R&D investments and product innovations are prime strategies adopted by major players to reduce the harmful effects of product.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

Contact Us

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

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