Building Thermal Insulation Market to Experience High Growth by 2025

The Building Thermal Insulation Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Global Building Thermal Insulation industry based on product segment, technology, end user segment and region.

Increasing penetration of sustainable construction materials owing to stringent government initiatives for saving electricity for minimizing the electricity loss and natural resources are among key factors driving the building thermal insulation market growth. Rise in global temperature is likely to increase energy consumption and electricity bills will support product penetration rate. Superior thermal padding properties help in maintaining the desired temperature and reducing the cost for heating or air-conditioning across the residential, commercial and industrial applications.

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Shifting focus towards energy conservation, improved management of natural resources will propel the building thermal insulation market growth. Strong applications scope for reducing the fuel utilization, improving the energy consumption of the buildings while offering a conformable environment will positively influence the industry development. Rising consumer spending on the separate/private residence due to changing lifestyles towards nuclear families will drive product scope.

Increasing awareness to reduce greenhouse gas (GHG) emissions in conjunction with rising population will positively drive the industry growth. Favorable government policies pertaining to the development of housing sectors such as the Affordable Housing Institute (AHI) and Government led Energy Company Obligation Scheme (ECO) will escalate the product demand.

Roof segment will witness CAGR at over 4.5% up to 2025. Favorable government policies and schemes in terms of subsidies and tax benefits will steer the demand for the product in roof application. For instance, the Energy Efficiency and Conservation Authority (EECA) of New Zealand, under the Warmer Kiwi Homes scheme provide exemptions that cover around two-third of the cost of ceiling and underfloor areas to encourage the use of padding and renewable materials in the construction of buildings. Moreover, with the evolution of novel Chinese companies providing competitively priced roofing material, the demand from the roofing segment is expected to exhibit significant growth.

Asia Pacific building thermal insulation market will witness CAGR of over 5.5% from 2019 to 2025. Rising disposable income, rapid urbanization and stringent government regulations for reduction of carbon footprint are among the key factors stimulating the growth of the product across the region. For instance, in 2006, the Ministry of Housing and Urban-Rural Development (MOHURD) under the Chinese government, introduced the Three Star Scheme to promote and regulate the green construction and reduce the environmental concerns in its cities.

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Europe leads the building thermal insulation market accounting for over 45% of the industry share in 2018. Rising awareness of green construction, smart infrastructure, and IoT would drive the industry in Europe. Rapid increase in the renovation and retrofitting activities in the Western Europe will proliferate the demand from the residential sector. Moreover, the Energy Performance of Buildings Directive in Europe has set a minimum performance standard for new construction and major renovation in the structures for the installation of such shielding materials.

Kingspan Group, Armacell, Saint-Gobain, Huntsman International, Knauf Gips KG, Dow Chemical Company, Johns Manville, Owens Corning, and BASF Polyurethanes are among major building thermal insulation manufacturers. Global industry share is fragmented with the presence of medium and large multinational corporations and regional players. The manufacturers are involved in product innovations, production capacity expansions, new product launches, mergers and acquisitions for gaining a competitive share. For instance, in April 2015, Dow Chemical Company collaborated with Honeywell to deliver a superior and sustainable appliance padding technology that would help in achieving energy efficiency targets.

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Rapid Self-healing Gel Market Trends, Growth Forecast 2019 – 2025

Rapid Self-healing Gel Market is poised to surpass USD 310 million by 2025; according to a new research report by Global Market Insights, Inc. Consistent progression in wound healing is a primary factor likely to make significant positive impact on the rapid self-healing gel market size by 2025. Rapid self-healing gel is widely applicable in wound dressing or healing owing to its excellent properties including high sensitivity to physiological environment, adequate flexibility and hydrophilic nature which makes it highly preferable across biomedical applications.

They are widely applicable for coating the medical devices in the healthcare industry. Growing R&D investment in the medical industry by key players in the U.S. are likely to trigger medical devices demand, which will further fuel growth for rapid self-healing gel market size by 2025. For instance, U.S. is the largest medical devices market which is valued around USD 156 billion and is anticipated to witness healthy gains in the coming years. The above mentioned trends are expected to propel product demand, which will help make notable impact to the overall rapid self-healing gel market size by 2025.

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Unstable raw material prices of rapid self-healing gel are expected to hamper the overall business size in the forecast timeframe. Nevertheless, steady progression in the biomedical industry is fueling demand for materials with excellent properties which makes it desirable for applications such as tissue engineering, drug delivery, 3D printing, surface coating, etc. The above mentioned factors will help generate sufficient prospects for rapid self-healing gel market size by 2025.

Chemically crosslinked rapid self-healing gel market size was valued close to USD 60 million in 2019 and likely to grow at CAGR of approximately 6.5% by 2025. These gels are reversible and have three dimensional framework in which polymer chains are linked via electrostatic forces, hydrogen bonds and hydrophobic interactions. They are unstable and upon heating can be converted into a polymer mixture. Few example of chemically crosslinked rapid self-healing gel are poly (2-hydroxyethyl methacrylate) (pHEMA), poly (ethylene glycol) (PEG), and poly (vinyl alcohol) (PVA), albumin and gelatin–based hydrogels.

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In terms of volume, surface coating segment of the rapid self-healing gel market is likely to witness gains close to 6.5% over the forecast period. These gel based coating can be embedded into compounds to sense, for example, inflammatory molecules. Drugs can also be incorporated into and slowly released from the hydrogel coating, to treat inflammation in the body. They are also used for coating the medical devices. Rapid advancement in the medical devices market in the biomedical field will help drive the product demand, which will subsequently trigger the rapid self-healing gel market size by 2025.

North America rapid self-healing gel market size constituted nearly 40% of the overall industry share in 2019 and is projected to rise by CAGR close to 7.0% between 2019 and 2025. Key players in North America such as Cardinal Health, Cytogel Phama, etc. are principally investing in R&D activities, signing patent license agreements, and launching new products based on polymers and resins catering to wide ranging applications.

Moreover, advanced medical & pharmaceutical industry along with increasing medical expenditure in this region are some of the major factors stimulating the growth of rapid-self healing gel market size in North America in the recent years.

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The major players in the rapid self-healing gel market are Cardinal Health, Scapa Healthcare, Katecho, Alliqua Biomedical, Axelgaard, Advanced Medical Solutions, Contura and Hydromer. Most of the companies in the market are actively investing to expand their business to improve their profit margins. For instance, Hydromer Inc. announced about its team expansion in February 2019, to address the growing demand for biomaterial coatings market for medical devices.

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Industrial Protective Fabrics Market Analysis, Trends & Forecast, 2019 – 2025

The demand for industrial protective fabrics is projected to boost due to its usage in chemical industry for facilitating personnel safety. Global petrochemical market size will surpass USD 950 billion by 2025 due to growing demand for plastics and lubricants. Rising utilization of chemical defending garments in petrochemical industry owing to prevention of workers from toxic gas exposure and chemical splash should foster the market growth.

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U.S. industrial protective fabrics market size from flame retardant application may observe strong gains of 7.5% due to its usage in oil & gas industry due to explosion and fire hazards. Rising shale discoveries in U.S. along with policy deregulations including Clean Power Plan (CPP) has increased extraction of fossil fuels which should deploy more employees in working field, thereby driving product demand. Governmental initiatives including OSHA general industry standards and construction PPE standards requiring employer’s for mandatory employee safety should drive regional industry growth.

Industrial protective fabric market size from flame resistant application may surpass USD 3 billion at the end of 2025. Flame-resistant fabrics are inherently flame and embers resistance in which threads and fibers naturally self-extinguish. Growing flame-resistant fabrics demand from petrochemical, construction, mining, military and chemical industries for employee protection should foster industrial protective fabrics market growth.

Uncertified products owing to low price may negatively impact market growth. High prices of fibers including PBI and aramid owing to supply and demand gaps will restrict the market growth, thereby affecting market price trends.

Aramid industrial protective fabrics market size will witness substantial gains over 8% by 2025. This material is predominantly utilized in flame-resistant & heat protective clothing, helmets, body armor, composite materials, asbestos replacement and hot air filtration cloth manufacturing. It provides low flammability & weight, non-conductivity, abrasion resistance, and superior fabric integrity which will foster product demand.  Rising product demand for electrical insulation & fire-resistant clothing owing to superior thermal, electrical and chemical resistance should accelerate the industry growth.

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India industrial protective fabrics market size from mechanical protective clothing application may surpass USD 70 million during the forecasted timeframe. These fabrics are majorly used by personnel operating metal, glass and sharp machinery in order gain protection against cuts, puncture and abrasion hazards which should accelerate product demand. Supportive government initiatives including Audhyogik Suraksha Rath in association with 3M & Directorate General of Factory Advice Service & Labor Institutes in order to raise safety awareness among industrial worker should propel industrial protective fabrics industry growth.

Polybenzimidazole fiber segment will witness substantial gains of over 7% by 2025. This fabric is predominantly utilized in safety & heat resistant clothing, plastic reinforcement and filtration cloth manufacturing. These products also offers flexibility, low moisture absorbency, high flame & chemical resistance, low tenacity and superior strength to weight ratio characteristics which should propel industrial protective fabrics demand. Growing PBI fabrics demand for protective apparels manufacturing including welders’ apparel, protective gloves and firefighting & space suits should drive the market growth.

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France industrial protective fabrics market size from space suit application may surpass USD 1.5 million at the end of 2025. These suits are worn inside spacecrafts as a precautionary measure against cabin pressure loss and extravehicular activities. These fabric offer self-contained oxygen supply and environment control system for personnel’s ease of movement throughout operation which should stimulate product demand. Government initiatives including Europe 2020 strategy for smart, sustainable & inclusive growth aiming for scientific & employment growth in areas including telecommunication, navigation and earth observation which should stimulate space exploration industry thus, driving the market size.

Industrial protective fabrics market share is a fragmented with prominent players which includes DuPont, Teijin, Klopman International, W. Barnet, W. L. Gore & Associates, Huntsman Corporation, Honeywell, Glen Raven and Loyal Textiles Mills. Manufacturers are engaged in joint venture, M & A, and partnership in order to develop advance technologies with increasing production capacities for lowering production cost to cater growing market demand.

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Ballistic Protection Market by Materials & Equipment Trends, Growth Forecast 2018 – 2024

Growing terrorism in different countries across the globe is anticipated to make a subsequent positive influence on the Ballistic Protection Market by  Materials & Equipment size by 2025. For instance, sensitive geopolitical scenarios are creating internal and external tensions across the national and international boundaries of the different countries across the world. Additionally, regional governments of developing countries are increasing their defense budget with focus on ballistic protection of the militaries and citizens. The abovementioned trends along with growing safety concerns across the globe is probable to continue and anticipated to boost the overall ballistic protection market size for materials and equipment by 2025.

Stringent regulations against VOC emission is probable to remain the crucial restrictive factor in the growth of global Ballistic Protection Market by  Materials & Equipment size in the forecast time period. Despite the stringent regulation, strong product demand from defense & law enforcement and homeland security applications is predictable to trigger the overall Ballistic Protection Market by  Materials & Equipment   size by 2025.

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Materials used in ballistic protection mainly include aramid, glass fiber and thermoplastic, carbon fiber composite, ceramic and wool, jute and metal among the others. Among these materials aramid contributed maximum market share and generated revenue over USD 510 million in 2018, this segment is projected to rise with highest CAGR around 5% during the forecast period. Twaron, Nomex and Kevlar are few of the popular brands of aramid which are used in the manufacturing of ballistic protection equipment globally.

Based on applications, Ballistic Protection Market by  Materials & Equipment size has been bifurcated into homeland security & law enforcement, defense, commercial, etc. Defense held the major chunk of the total industry share in 2018, as it includes the application of almost all kinds of ballistic protection equipment including helmets, ballistic vests & jackets, ballistic panels shoes, gloves, etc. This is mainly attributed to strong rise in the safety concerns and thereby the defense budget across nations.

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On the basis of equipment, Ballistic Protection Market by  Materials & Equipment size has been segregated into protective vests and jackets, helmet, shields, and others including gloves, shoes, etc. Protective vests & jackets are produced from strongly woven aramid and other fibers and contains ballistic plate put in into for better performance. Protective vests and jacket captured the largest share of the total industry share in 2018, due to its increasing demand from defense & law enforcement as well as homeland security and law enforcement. These trends are anticipated to make noteworthy contribution to the overall Ballistic Protection Market by  Materials & Equipment   size by 2025.

At present, North America is the market leader projected to grow at CAGR around 4.5%. In terms of volume, North America held approximately 30% of the overall industry share in 2018. It is majorly credited to the strong safety standards and thereby high military expenditure in the region. On the other hand, Europe market size was valued close to USD 500 million in 2018 and is likely to project healthy gains in the forecast timeframe.

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Ballistic Protection Market by  Materials & Equipment is extremely competitive in nature with major prominent players contributing close to 50% of the total market share in 2018. Major players are DuPont, Teijin Limited, Texas Armoring Corporation, Honeywell International, DSM, Protective Enterprises LLC, Homeland Security Group, Armor Holdings, Protech Solutions, etc.

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PMMA market for construction application trends research and projections for 2018 – 2024

PMMA market for construction application from windows & doors application is projected to exceed USD 930 million in the foreseeable timeframe. Its properties including UV and chemical resistance finds its applications to manufacture windows & doors profiles. Rising expenditures for home remodeling in Canada and the U.S. will stimulate product demand.

Global PMMA market for construction application from sound barriers application is likely to exceed USD 385 million in the foreseeable timeframe. The product being optically clear and soundproof is utilized to manufacture sound barriers. Growing demand of sound barriers for hospital and residential areas owing to rising noise pollution will positively impact PMMA market for construction application.

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PMMA Market for construction application is set to surpass USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc.  Growing demand of manufacturing shatterproof and weathering resistant materials in order to replace glass in several applications including aquariums, car ports, worktops, greenhouse, facades. The product can be colored according to the utilization, thus finding its application for door canopies and balustrades. This will propel PMMA market demand in construction application.

The product has extremely hardwearing material and easy molding property is used in solid surfaces for contract and domestic installations. Global solid surface and cast polymers industry is projected to grow at 6.5% in the predicted time period owing to rising demands of minimal maintenance products. This will have a positive impact on solid surface polymers utilization, thus enhancing PMMA market for construction application.

China PMMA market in construction application may witness significant gains up to 6% by 2024. It is utilized for producing facades due to its versatile and simple machining options. Rising standard of living and increasing investments in real-estate sector will propel product demand.

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Polymethyl methacrylate cracks under excessive load and limited heat resistance up to 80 degree Celsius may impact market profitability. Strict government regulations regarding synthetic plastics usage might also hamper industry growth.

Germany PMMA market in construction application will exceed USD 125 million in the predicted timeline up to 2024. Owing to being hard and crack proof is extensively utilized to manufacture carports. Rising car sales in the country will fortify carports demand, which will further propel Polymethyl methacrylate (PMMA) industry size for construction application.

Global cell cast sheets & blocks PMMA market for construction may observe gains over 5% in the projected timeline. It finds application in greenhouse due to its exceptional light transmitting and heat insulation properties. Increasing demand of organic fruits and vegetables will enhance greenhouse development. This will stimulate PMMA industry size for construction application.

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U.S. PMMA market in construction is projected to exceed USD 360 million by 2024. It pursues aesthetic effects and is available in different colors. This makes it suitable for manufacturing balustrades and door canopies. Rising urbanization in the country will fortify regional demand.

PMMA market size for construction application is slightly consolidated with key industry participants including Mitsubishi chemical group, SABIC, Arkema Group, and Polycasa NV. Manufacturers are making heavy investments in R&D, product innovation and capacity expansion in order to cater increasing market growth.

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Global Acoustic Insulation Market Development and Forecast to 2025

Acoustic Insulation Market size is estimated to surpass USD 17 billion by 2025; according to a new research report by Global Market Insights, Inc.

Stringent regulatory policies & norms pertaining to a substantial reduction in atmospheric greenhouse gas emission levels will provide a positive scope for industry expansion. Increasing consumer expenditure along with favorable new housing schemes in both developed and developing countries will drive the overall acoustic insulation industry growth. Also, rising standard of living coupled with the upsurge in the utilization of online sales channels for distribution will augment the acoustic insulation market up to 2025.

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Stringent regulatory policies & norms pertaining to a substantial reduction in atmospheric greenhouse gas emission levels will provide a positive scope for industry expansion. Increasing consumer expenditure along with favorable new housing schemes in both developed and developing countries will drive the overall acoustic insulation industry growth. Also, rising standard of living coupled with the upsurge in the utilization of online sales channels for distribution will augment the acoustic insulation market up to 2025.

Significant R&D investments made by industry participants owing to continuous innovations and technological advancements within the industry will provide a strong business outlook. For instance, the R&D expense of Recticel Insulation increased from USD 15.35 million in 2016 to USD 16.34 million in 2017. Rapid growth of the transportation sector owing to rising consumer demands for sound-proof vehicles and comfortable driving experience will further boost the product demand up to 2025.

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Significant R&D investments made by industry participants owing to continuous innovations and technological advancements within the industry will provide a strong business outlook. For instance, the R&D expense of Recticel Insulation increased from USD 15.35 million in 2016 to USD 16.34 million in 2017. Rapid growth of the transportation sector owing to rising consumer demands for sound-proof vehicles and comfortable driving experience will further boost the product demand up to 2025.

Transportation segment dominated the industry share and accounted for over 25% of the overall demand in 2018. Increasing usage of the product in automotive vehicles, railways and airports areas will result in increase in the product demand. Growing demands for vehicles with low engine noise have enabled manufacturers to develop vehicles with increased automotive soundproofing, thus leading to the increasing use of acoustic products in vehicles.

Asia Pacific is expected to be the fastest growing acoustic insulation market registering a CAGR over 5.5% from 2018 to 2025. Rapid urbanization with the introduction of projects by the government in tier-I and tier-II regions particularly in the Asia Pacific is likely to drive construction chemicals demand. Following the recent focus on fire safety in high-rise buildings in countries including China and Japan the demand for non-combustible stone wool products is expected to witness substantial growth in the region.

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BASF, Recticel, Knauf Insulation, Rockwool International A/S, Kingspan Group, K-FLEX, Armacell International S.A., Owens Corning Corp., and Siderise are among major acoustic insulation manufacturers. Global industry share is fragmented with the presence of large manufacturers and regional players. The manufacturers are involved in mergers & acquisitions, production capacity expansions, new product launches to gain competitive share. For instance, in February 2018, Owens Corning announced the acquisition of Paroc Group, a European mineral wool production company to expand the product portfolio of the company.

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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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Global Polyetherimide Market Development and Forecast to 2025

According to a new research report by Global Market Insights, Inc. Polyetherimide Market size is set to surpass USD 800 million by 2025.

Growing awareness for manufacturing safe products and changing environmental regulations would propel polyetherimide Market growth. PEI emits less smoke when it is exposed to open flame owing to which its demand has increased in several industries including automotive, electrical & electronics, and aerospace.

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Global polyetherimide industry size from electronics application is anticipated to exceed USD 165 million in the forecast timeline. Its properties including high deformation resistance, self-extinguishing, low flammability & outgassing finds its applications to manufacture electronic and electrical insulators. Rapid developments including Internet of Things and artificial intelligence will foster product demand.

The product due to its high strength and dimensional stability is used in building applications. Global construction industry is estimated to grow at 4.5% by 2023 due to escalating economic growth in India and China. This will enhance polyetherimide industry growth.

Ultem resins by SABIC meets the standards set by FDA, ISO, and USP Class VI making it suitable for its utilization in healthcare industry.  Global healthcare industry is estimated to grow at 6% by 2022, hence propelling PEI demand.

U.S. polyetherimide market size may register significant gains over 5% by 2025. PEI is utilized in petroleum operations as it is thermal and chemical resistant. Rising shale gas production in the country will foster PEI demand.

 

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High raw material & processing costs and limited color ability of PEI as compared to its substitutes might impact the market profitability. Strict government regulations regarding plastics usage might also hamper industry growth.

Global carbon fiber reinforced polyetherimide industry size may witness significant  gains over 5% up to 2025. The product is utilized to manufacture aircraft components including aileron ribs due to its increased strength and stiffness. Global commercial aircraft industry is estimated to grow at 2.5% by 2025 owing to rising air travel affluence hence, fostering PEI demand.

China polyetherimide market size may witness significant over 5.5% at the end of 2025. The product being food contact acceptable and chemical resistant is widely utilized in kitchenware and appliances. Growing consumer awareness and standard of living in the country will promote PEI demand.

Global PEI market size from granule form is anticipated to surpass USD 450 million by 2025. The product being eco-compliant and fit for food contact applications is utilized in food & beverage packaging industry. Global packaged food industry is estimated to grow at 4.5% by 2020 due to rising demand of ready-to-cook foodstuff. This factor will enhance the industry growth.

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Global polyetherimide industry size from automotive application is anticipated to surpass USD 290 million by 2025. Growing PEI demand in automotive components including gears, interiors, bumpers, and fuel systems owing to its low cost and light weight as compared to metals including aluminum will foster PEI demand.

Polyetherimide market is moderately consolidated with key industry participants including RTP Company, Mitsubishi Chemical, Nationwide Plastics, Centroplast Engineering, and Röchling Group, SABIC. Manufacturers are making heavy investments in R&D, product innovation and capacity expansion in order to cater increasing 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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Polyphenylsulfone Market – Industry Analysis, Competitive Strategy during 2019-2025

U.S. polyphenylsulfone market demand from automotive application may witness significant gains at over 9% during the forecast period. Increasing fuel prices, environmental concerns awareness in automobile fuel efficiency among consumers, and increasing demand for lighter automobiles may drive the industry growth. This material possess lightweight and high strength properties which may favor the  regional industry growth.

Germany polyphenylsulfone market demand from medical application is anticipated to surpass USD 8 million up to 2025. Stringent regulatory measures by European Union regarding medical instruments owing to sterilization standards causing contamination problems may stimulate market growth. Moreover, rising technological trends in medicals sector may contribute towards regional industry growth.

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Polyphenylsulfone Market size is set to surpass USD 500 million by 2025; according to a new research report by Global Market Insights, Inc. Increasing usage of PPSU in plumbing & pipe fittings for household sector may drive the overall market. Polyphenylsulfone market form pipe fittings and plumbing application may surpass a consumption of 8.5 kilo tons in 2025. They provide resistance to hot chlorinated water, smooth surface to avert biofilm adhesion and offers a level of hygiene, thereby driving the market demand.

Changing consumer preferences towards infant healthcare products will drive the demand for PPSU market. This product is use in manufacturing baby bottles due to its softsquare bottle design and reduces excessive air intake, avert infants form stomach problems, thereby driving the overall polyphenylsulfone industry growth.

Increasing government expenditure to improve hygiene conditions in hospitals will boost demand for medical devices which in turn foster the polyphenylsulfone market. Moreover, improvement in diagnosis methods, imaging technology in orthopedic surgery, introduction of new products is likely to boost the market. Growing awareness regarding diseases transmitted through surgical devices coupled with government regulation ensuring safety in surgical procedures and instruments is likely to surge PPSU demand for medical device industry.

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Polyphenylsulfone (PPSU) market demand for rod was estimated at to surpass at around USD 95 million in 2018. They are widely utilized in manufacturing of medical tool handles, scissors, forceps, and clamps for various surgical disciplines owing to slow weight & sterilization resistance. Complex surgical instruments such as endoscopic probe positioning ferrules are manufactured using PPSU rods, which may foster the industry growth.

China PPSU market demand may register significant gains at over 11% by the end of forecast period. Growing demand for infrastructure industry and replacement of traditional metal pipes with PPSU pipes, may drive  the industry growth. These are also used in advanced fitting system for water supply in heating, cooling and refrigerating system. It guarantees an increase of 30% in bore as compared to normal compression or press fittings and are also used in water with high concentrations of salt.

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Solvay Chemical Company, Evonik Industries, NYTEF plastics, BASF SE, Rochling, and Bay Plastics are key industrial participants in polyphenylsulfone market. Companies are focusing to expand their business by forming partnerships accompanied with strong focus on research activities to diversify product portfolio.

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Hollow Fiber Membranes Market trends research and projections for 2018 – 2025

Global Market Insights, Inc. has released a new research report on “Hollow Fiber Membranes Market” to their offering. The report features in-depth analysis of the market with a focus on growth drivers and inhibitors, key market trends and issues, opportunities and challenges, current industry activities, product innovations, facts & estimates. It also gives the forecast for the predicted time frame, key participants, extensive product and geographic coverage.

Hollow Fiber Membranes Market size will exceed USD 6,144.8 million by 2025; according to a new research report by Global Market Insights, Inc. Rising population need of fresh and high-quality water in end use industries such as pharmaceuticals, biotechnology, food & beverage along with rising regulations regarding water conservation and improving process efficiencies will primarily drive the hollow fiber membranes market till 2025.

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Hollow fiber membranes are type of artificial membranes made from polymers and ceramic which contain semi-permeable barrier in form of hollow fiber. This fiber membranes are made from various materials, majorly PVDF, PTFE, polyimides, polyether sulfones, cellulose tri acetate, polyacrylonitrile and ceramics and cater to wide range of microfiltration and ultrafiltration requirements.

This report focusses on the hollow fiber membrane modules which are supplied in different sizes and dimensions to wide range of industries such as food & beverage which consists of juice processing, beer production, dairy & cheese, grain products, plant extract products, syrup production, fish & seafood products, animal products among others. Hollow fiber membranes also find wide applications in pharmaceuticals and biotechnology applications such as recovery of chemicals derived from fermentation process, distillery products among others.

These membranes also find wide applications in fine chemicals processing, pigments and dyes industries, soda treatment plants, waste water treatment in textile, wood and other allied industries. Water & waste water treatment is the largest and fastest growing end user of hollow fiber membranes market constituting about 46% share in 2017 and forecast to be growing at a healthy CAGR of almost 9% globally driven rise in desalination plants, improved demand of food & beverages, constant innovation in bio technology processes and rising population.

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Hollow fiber membrane technology is gaining quick acceptance globally as it caters to wide range of applications in food, pharma, dairy, biotech, chemicals and sweeteners and other allied industries. Membrane technology can produce very specific separations at ambient or low temperatures without any phase change which makes it a cost-effective solution than conventional methods such as rotary vacuum filtrations. These filtration process is pressure driven technology with pores ranging from 100 molecular weight to about 5 microns.

The various technologies include in this type of membrane filtration are microfiltration, ultrafiltration & reverse osmosis. Microfiltration (MF) is a low-pressure filtration technology which is used for separating large molecular weight suspended compounds from dissolved solids. It is used in water treatment, dairy & milk product industry, cell harvesting & syrup industries, beer & wine processing industries. Ultrafiltration (UF) is used in handling low molecular weight compounds such as salts, minerals etc. UF finds application in industrial waste water treatment, municipal, food & beverages, paper & pulp manufacturing, oil & gas among others, Reverse osmosis (RO) process is a high-pressure energy efficient process used in handling drinking water. Rise in demand of fresh drinking water, ever growing population, increased government regulations will drive the demand of hollow fiber membranes market.

However, use of other methods of membranes filtration such as plate & frame, spiral wound and tubular forms for same end use applications are some of the factors that can restraint the market from its full growth.

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Hollow fiber membrane filtration is a cost-effective technology to filter large volumes. These fibers made from various polymers and ceramics can be manufactured in different diameters and sizes depending upon applications. They offer high versatility in handling clean ground water to very polluted waste water. The fiber materials used generally depend upon the end user application. Polymer constitutes about 85-90% of the total market while rest consists of ceramic. Ceramic membranes are used when polymers can no longer fit to the applications especially in biotech & pharmaceuticals.

The hollow fiber membranes market is highly fragmented by number of small- & large-scale manufacturers. Among them, Polymem is a global leader in membranes and modules made from hollow fiber. Polymem along with Arkema has developed a PVDF membrane which caters to wide range of challenging applications. Other major players include Toyobo Japan, Pent Air, Kolon Industries, Asahi Kasei, Atec Innovations GmbH, Evonik Industries, Toray, Dow-Dupont, Koch Membranes among others.

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:

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Global Market Insights, Inc.
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Neoprene Market Trends, Growth Forecast 2019 – 2025

According to a new research report by Global Market Insights, Inc.  Global Neoprene Market size is forecast to exceed USD 2.28 billion by 2025.

Global neoprene market is anticipated to be driven by burgeoning construction and automotive industry across the globe. The growing government investments in infrastructural projects in Asia Pacific and the Middle East is expected to attract huge funds from proficient financial players, in turn positively influencing neoprene market growth during the forecast timeframe.

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Neoprene is a synthetic rubber that exhibits excellent weather and thermal resistance. It also possess high tensile strength which makes them ideal for the use in transmission belts, vibrating mounts, shock absorber seals, bridge seals, and anchor components among others.

The growing adoption of neoprene in the end user industries is expected to generate substantial revenue during the assessment period. However, neoprene is a petroleum derivative and volatility in crude prices is likely to impede with the smooth growth for neoprene market over the forecast period.

On the basis of product, neoprene market has been segmented into neoprene foam/sponge, neoprene sheet and neoprene latex. Neoprene foam are widely used in aquatic sports gears; diving suits, life jackets, dry suits, and other outdoor applications such as elbow and knee pads, sports gloves, bicycle seats and others. In the building and construction industries neoprene foam is used for sound proofing and thermal insulating applications.

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Neoprene rubber sheets possess excellent weathering and ozone resistance which makes them suitable for wide range of applications in electronics as well as automotive industries. Neoprene latex is used in the manufacturing of industrial gloves and also in the production of neoprene latex adhesives which has varied applications in the automotive and building and construction industries.

Among the various end use industries, the automotive, electrical and electronics and building and construction segment respectively are the major revenue pockets during the assessment period. The growing adoption rate of neoprene in these industries is estimated to generate substantial revenue review period.

Asia Pacific Is Anticipated To Grow At The Highest CAGR During The Forecast Period. Increasing Infrastructural Spending Along With The Propelling Automotive Sector In India, China And Japan Is Likely To Boost Neoprene Market Size Over The Review Years. Moreover, The Presence Of Major Neoprene Manufacturing Companies Such As Denka Company Limited, TOSOH Corporation And Shanxi Synthetic Rubber Group Co Ltd Is Anticipated Further Augment The Market Growth.

 

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The Companies Operational In This Industry Includes Giants Such As Denka Company Limited, TOSOH Corporation And Shanxi Synthetic Rubber Group Co Ltd, Sundow Polymers Co., Ltd, Covestro AG, Lanxess, Zenith Rubber, BGK Gmbh Endlosband,  Pidilite Industries, The 3M Company, And  Tuhuang Chemical Co Among Others. The Proficient Manufactures Are Adopting Various Organic And Inorganic Growth Strategies To Expand Their Market Presence. For Instance, In May 2014, Denka Announced The Acquisition Of Dupont’s Business Of Chloroprene Rubber. Denka Entered Into A Joint Venture With Mitsui Chemicals And Formed Denka Performance Elastomer With A Capital Split Of 70% Denka And 30% Mitsui For This Acquisition.

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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.

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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