Refrigerant Market Size, Share, Growth Trend, Leading Players Updates, Future Plans, Business Prospects and Opportunity Assessment 2023

Overview:

The Refrigerant Market is accelerating at a rapid pace owing to the changes it is witnessing in the consumer behavior. Urbanization, across the globe, has become a trend. As more and more cities are coming into being, the impacts of it are becoming more visible. This has triggered a demand for cooling mechanisms such as refrigerators and air conditioners. At the same time, the cold chain sector is getting traction from various industries which can squarely influence the Refrigerant Market. The Refrigerant is a heat carrier, and in the refrigeration cycle, it runs in a loop between gas and liquid state. In the process, it controls temperature. The Global Refrigerant Market is expecting robust growth during the forecast period (2017-2023), reveals Market Research Future (MRFR). The detailed report also includes other factors such as an increase in disposable income, demand from the automobile sector, and domestic & commercial projects. These factors can impact the Refrigerant Market in the coming years considerably. The market is also witnessing significant growth for natural refrigerants owing to the diminishing use of fluorocarbon due to Montreal and Kyoto protocols. 

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Stringent regulations, however, can deter the Refrigerant Market growth during the forecast period. Global warming and depletion of the ozone layer can be considered the influencers for such imposing acts. However, the Refrigerant Market can reap the benefits of usage of hydrocarbon and other inorganic refrigerants. Eco-friendly options from various companies are providing enough opportunities to build a sustainable future. 

Segmentation: 

The Global Refrigerant Market can be segmented by Type and Application. 

Based on the Type, the Global Refrigerant Market can be segmented into natural refrigerants and synthetic refrigerants. The natural refrigerants include organic/hydrocarbons and inorganic refrigerants. Hydrocarbons are comprised of propane, n-butane, iso-butane, and others. Inorganic hydrocarbons can be sub-segmented into ammonia, CO2, water, and others. Synthetic refrigerants/fluorocarbons are segmented into two types, namely pure fluorocarbons and fluorocarbon blends. Pure fluorocarbons are further segmented into chlorofluorocarbons (CFCs), hydrofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), and hydrofluoro Olefins (HFO) and others. Fluorocarbon blends consist azeotropic and zeotropic (non-azeotropic). 

Application-Wise Segmentation of the Refrigerant Market can be segmented into refrigerators, air conditioners, chillers/heat pump, and others. Refrigerators segment is further segmented into domestic refrigerators, commercial refrigerators (medium scale), industrial & supermarket refrigerator (large scale), and transport refrigerator. Air conditioners (AC) are sub-segmented into centralized AC, split AC, window AC, portable AC, and hybrid AC. 

Regional Analysis: 

Geographic analysis of the Refrigerant Market includes Asia Pacific (APAC), North America, Europe, Latin America (LATAM), and the Middle East & Africa (MEA). 

The APAC region is doing exceptionally well in this sector. Emerging economies such as Indian and China are providing significant traction to the regional market. Rising disposable income and huge population are proving to be major factors. At the same time, the revamped industrial sector is showing growing demand for chiller/heat pump application. The MEA market is having growth in the Refrigerant Market due to ongoing construction & infrastructural activities that are expected to boost the tourism industry. North America and Europe markets are more mature than the rest, and steady growth can be expected during the forecast period. 

Competitive Analysis:

Prominent players operating in the Global Refrigerant Market are Honeywell International Inc. (U.S.), The Chemours Company. (U.S.), Asahi Glass Co., Ltd. (Japan), Arkema S.A. (France), DAIKIN INDUSTRIES, Ltd. (Japan), Dongyue Group Co. Ltd (China), Mexichem S.A.B. de C.V. (Mexico), The Linde Group (Germany), Sinochem Group (China), SRF Limited (India), and DowDuPont Inc. (U.S.). The market banks mostly on the strategic moves taken by significant players for their individual growth which helps the refrigerant market in its holistic growth as well.

In December 2018, the Daikin Industries Ltd. finalized their agreement with Austria-based AHT Group with an aim to capitalize on environmental regulations. 

In November 2017, the SRF Limited made a pact with the global titan Mexichem to buy HFC 125, a hydrofluorocarbon refrigerant, to substantially grow in the air conditioning industry. 

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Metal Powder Market 2019 Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

Market Scope:

The Global Market for Metal Powder is possibly going to achieve a CAGR of more than 3% during the forecast period (2017-2023), says Market Research Future (MRFR). 

Key Companies: 

The esteemed players shaping the Worldwide Market for Metal Powder include GKN Plc. (U.K.), Hoganas AB (Sweden), Carl Schlenk AG (Germany), American Chemet Corporation (U.S.), Allegheny Technologies Incorporated (U.S.), Sandvik AB (Sweden), Carpenter Technology Corporation (U.S.), Hitachi Chemical Co., Ltd (Japan), Metaldyne performance Group Inc (U.S.), Rio Tinto (U.K.), to name a few. 

Industry Update 

July 2019 

Höganäs AB (Sweden) is set to expand its metal powder production facility in Pennsylvania, USA, adding few production capabilities for supporting Additive Manufacturing as well as other technologies. A 24,000 ft2 building will be added, coupled with purchase of new machinery.

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Growth Boosters and Key Barriers:

Rising adoption of additive manufacturing, coupled with the increasing demand for lightweight components within the automotive sector, could favor market growth.  Additive manufacturing is also called 3-D printing, known for imprinting excellent shades within the manufacturing sector, based on the phasing in of advanced technologies including digitalization to cope up with additive manufacturing which is blended with Metal Powder to make a 3D prototype. It is believed that the 3D-Printing Market could demonstrate double-digit growth in the coming years. Lightweight material is gaining immense popularity in the automotive industries, on account of its beneficial properties, including high accuracy and high life expectancy, among others. 

Materials that are lightweight, such as aluminum (Al) alloys, high-strength steel, polymer composites, carbon fiber, and magnesium (Mg) alloys can directly decrease the entire weight of the body as well as the chassis of a vehicle by almost 50%. This factor is poised to drive the demand for Metal Powder in the automotive Industry.

The surge in adoption of additive manufacturing within aerospace and healthcare industries leaves a lucrative effect on the market. 3D-printing technology or additive manufacturing has gained plenty of traction in the medical industry to make high-quality medical equipment that can perform critical operations in less time. For instance, the U.S. Food and Drug Administration (FDA) recently approved spinal implants that were created from titanium alloys using the 3D-printing technology. Therefore, the boost in the adoption of 3D-printing technology across numerous end-user industries could do wonders for the market in the subsequent years. 

Market Segmentation: 

The Global Metal Powder Market is segmented on the basis of Type, Production Method, Compaction Technique, and End-User Industry. 

Depending on the Type, the market is split into non-ferrous, ferrous, and others. 

With respect to the Production Method, the Metal Powder Market can be considered for physical method, chemical method, and mechanical method. 

Compaction Technique-Wise, the market is bifurcated based on cold compaction technique and hot compaction technique. 

The End-User Industries in the market are transportation, electrical and electronics, building and construction, and others.

Regional Insight: 

The Worldwide Metal Powder Market is spread across the primary regions of Europe, Asia Pacific, Latin America, Middle East & Africa and North America. 

Asia Pacific covers the substantial portion of the market and can expect to expand at the fastest rate during the review period. Rapidly expanding industries as well as urbanization in the region fuels the growth of Metal Powder Market in the developing economies. Furthermore, lucratively increasing electrical and electronic and automobile industry within the region on account of the tax benefits and availability of cheap labor boosts the market as well. The burgeoning population, primarily in India and China has given a boost to the construction and automobile sector, further contributing to the market growth.  India, China, and Japan are the biggest consumers of Metal Powder within the region. 

Another dominant region, North America benefits from the high demand for Metal Powder across established end-user industries including building & construction, electronics, and transportation, among others. Presence of prominent construction machinery manufacturers in the region also adds to the market growth. The new construction in the United States (U.S.) has been estimated at USD 1.16 trillion and can grow further very soon due to ongoing investments, particularly in New York City. 

Europe market shows remarkable development, chiefly driven by the advanced construction, automobile and electrical & electronics sector. The expansion of the metal fabrication industry combined with the rising infrastructural development could aid in market expansion. In addition, surging research and development (R&D) activities within the automobile sector accelerates the use of Metal Powder backed by the hike in demand for lightweight vehicles. 

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Abrasives Market Size Estimation, Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023

Abrasives are used in various end user industries such as building and construction, automobile, electronics, metal fabrication, and machinery among others. The growing demand from the developing region throughout the globe are major factors driving the global market of Abrasives. The growing government investments in the infrastructural development coupled with the augmenting demand from the automobile sector are other factors contributing to the growth of the market. Among the various end-user industry automobile is the dominant segment and expected to show the same trend during the forecast years. The properties such as high tensile strength, and enhanced hardness, has increased the demand for Abrasives in the automobile industry.

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Market Scenario:

The grinding wheel product segment is the leading type in the market on account of its growing use in the machinery, electrical & electronics and automotive components. The advantages such as high speed, enhanced efficiency and productivity are the major factors contributing to the growth of the segment.

Competitive Analysis:

Some of the prominent players operating in the Global Abrasives Market are Robert Bosch GMBH (Germany), 3M Company (U.S.), DuPont (U.S.), Saint-Gobain Abrasives, Inc. (France), Fujimi Incorporated (Japan), Henkel AG & CO. KGAA (Germany), Tyrolit Group (Austria), Asahi Diamond Industrial Co., LTD (Japan) Deerfos Co., Ltd (Korea), and Carborundum Universal Limited: (India).

Market Segmentation:

The Global Abrasives Market is segmented into Material, Product, Type and End User Industry.

On the Basis of Material, the market is segmented into natural abrasives and synthetic abrasives.

On the Basis of Product, the Global Abrasives Market is segmented into grinding wheels, sandpaper and others.

On the Basis of Type, the market is bifurcated into coated abrasives, bonded abrasives, and super abrasives.

On the Basis of End Use Industry, the market is further segmented into automotive, machinery, metal fabrication, electrical and electronics, building and construction, and others.

Regional Analysis:

The Global Abrasives Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance during the forecast period. The developing end user industries in the region such as construction and automotive is expected to fuel the market growth. Moreover, the favorable government regulation has resulted in the shifting of manufacturing base in the Asia Pacific which has further propelled the market growth. 

The major counties attributing to growth of Abrasives in this region are India, China, and Japan. North America is the dominant region for the market abrasives. The developed end user industries coupled with the growing adoption of abrasives are the major factor contributing to the growth of the market. The major countries attributing to this growth are the U.S. and Canada. The European market of Abrasives is mainly driven by the developed automobile and electronic industry. Moreover, the increasing use of Abrasives in the metal fabrication industry coupled with the growing demand from the industrial sector is anticipated to further add to the growth of the market during the forecast years.

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Molded Plastic Market 2019 Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

Global Molded Plastic Market Overview:

Synthetic compounds which can be molded into different shapes and sizes to match various application requirements are called Molded Plastics. Molded plastics have several properties that have propelled the adoption of the same in multiple industries. These properties include durability, lightweight, and higher chemical resistance. Further, the use of pigments and other additives can enhance the quality of Molded Plastics. The Global Molded Plastics Market is estimated to expand at a high CAGR through the forecast period. One of the primary reasons for the ascension noticed in the Global Molded Plastic Market is the rising adoption of the same in various end-use industries owing to its properties of durability, cost-effectiveness, and higher chemical resistance.

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With the rapid augmentation observed in the packaging industry in fast-moving consumer goods, consumer electronics, and household care products, the Global Molded Plastic Market is witnessing sizeable growth. Further, fast-paced growth noticed in the construction, automotive, and electrical & electronics industries are creating higher growth and application opportunities for Molded Plastics, positively influencing the growth graph to a great extent. Moreover, a rise in the demand for environmentally sustainable and low carbon emitting vehicles has led to a substantial adoption of Molded Plastics in the manufacturing of automobiles — this aids in the reduction of weight, and hence, an enhancement of fuel efficiency.

Key Players:

The Global Molded Plastic Market is influenced by many noteworthy players including BASF SE (Germany), Harwal Group of Companies (UAE), DuPont (US), HTI Plastics (US), Eastman Chemical Company (US), INEOS (UK), LyondellBasell Industries Holdings BV (Netherlands), Reliance Industries Limited (India), SABIC (Saudi Arabia), Exxon Mobil Corporation (US), Magna International Inc. (Canada), and Takween Advanced Industries (Saudi Arabia).

Market Segmentation:

The Global Molded Plastics Market is studied for segmentation based on Material, Technology, Application and Region.

Based on Material, the global market is segmented into polypropylene, polystyrene, polyethylene, polyvinylchloride, and polyethylene terephthalate.

Based on Application, the Global Molded Plastic Market is segmented into electronics, building & construction, packaging, and automotive.

Based on Technology, the Global Molded Plastic Market is segmented into blow molding, injection molding, thermoforming, and extrusion molding.

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Industry Update:

June 2019: Plastic Molding Technology (PMT), has recently invested USD 1 million to cater to new demand, adding to both, vertical and horizontal injection molding processes at the headquarters and factory site based in El Paso, Texas. PMT is a custom injection molder and contract manufacturer.

Detailed Regional Analysis:

The Global Molded Plastic Market is studied for the regional segments of North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. Asia Pacific spearheaded the Global Molded Plastic Market at the beginning of the forecast period and is anticipated to register notable growth during the forecast period. This progress can be accredited to the mounting adoption of the same in the packaging, automotive, and building & construction industries in the region.

A growing emphasis on the use of environmentally sustainable vehicles with lower carbon emissions has proliferated the use of Molded Plastic in the manufacture of lightweight and fuel-efficient automobiles. Moreover, economic growth noted in developing countries such as India, China, and several ASEAN countries has caused an upsurge in demand for Molded Plastics in several industries. Another factor driving significant growth in the Regional Molded Plastic Market is the rising shift of operations of major manufacturers to India, China, and Indonesia. A rise in the population is also anticipated to drive market growth in the region.

Europe is projected to showcase considerable growth with the rising product demand in the packaging industry residing in the region. Aerospace and defense industry is anticipated to register robust growth owing to the presence of multiple prime aircraft OEMs in the region such as BAE Systems, Dassault Aviation, as well as, Airbus Group. Such growth is expected to, in turn, propel growth in the Global Molded Plastic Market owing to the mounting demand for the same in the aerospace and defense sector.

North America is projected to record significant growth for Molded Plastic owing to the expansion witnessed by numerous well-established industries such as construction, electronics, and automotive. Latin America is expected to exhibit sizeable surge attributable to the ascending product demand in the regional packaging industry. Further, the use of rigid plastic has augmented substantially owing to its non-corrosive and lightweight nature, which is contributing to the growth of the Regional Molded Plastic Market.

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Metal Coatings Market Size Estimation, Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023

Metal Coatings Market- Overview

The Global Metal Coatings Market is predicted to soar high at an exceptional CAGR during the forecast period (2018-2023), as reported by Market Research Future (MRFR).

Metal coating protects an unprotected metal from rusting and corroding due to environmental exposure. Metal Coatings are usually made from polymers, such as epoxy, polyurethane, and moisture cure urethane. The Metal Coating makes the metal more durable by providing innovative applications, smooth surface, and green benefits and also offers cost benefits.

Metal Coatings Market- Drivers and Restraints:

There is an increase in the application of Metal Coatings owing to the rapidly growing industrialization and urbanization, which is the major factor in the growth of the Global Metal Coatings Market. Also, the increase in infrastructure development and spending, especially for commercial and residential sectors has augmented the demand for the end products of coated metals. This factor drives the growth of the Global Metal Coating Market. The benefits offered by Metal Coatings such as increased durability, corrosion resistance, and improved texture, accelerates the demand and fuels the growth of the Global Metal Coating Market.

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Moreover, thriving electrical and electronics industry and emergence of internet of things (IoT) and automation are likely to offer lucrative opportunities to the Global Metal Coatings Market. Growing consumer preference for built-in functions in the personal devices is touted to add ammunition to the market growth in coming years.

However, the strict rules and regulations of various government bodies pertaining to environment protection may hamper the growth of the Global Metal Coating Market. On the other hand, benefits offered by Metal Coatings such as increased durability, corrosion resistance, and improved texture, highlight the appeal of Metal Coatings and are expected to further fuel the growth of the Global Metal Coating Market in the foreseeable future.

Market Segmentation:

The Global Metal Coatings Market is segmented into Form, Method, Resin Type and End-Use Industry.

Form-Wise, the market is segmented into liquid and powder coatings. The liquid coatings are sub-segmented into water based and solvent based. The market for powder coating has grown significantly due to increasing technological advancements and growing demand from applications such as architectural; appliances; automotive; furniture; agriculture, construction, and earthmoving equipment (ACE).

By Method, the market is segmented into electroplating, electroforming, galvanizing, and anodizing. Electroplating segment is growing at a phenomenal rate due to surging demand for automobiles, consumer goods, and aircraft.

By Resin Type, the market is segmented into polyester, acrylics, epoxy, polyurethane, fluoropolymer, plastisol, and others. The soaring popularity of polyester resins refers to its rising use as a thermosetting system in a variety of applications. This is accentuated by the use of fillers, reinforcements, and additives to enhance their physical and chemical properties.

By End-Use Industry, the global market is segmented into construction, automotive, aviation, electrical & electronics, marine, oil & gas, and others. The construction industry is in constant need for coatings that can impart anticorrosion properties, as the steel structures are in constant threat of corrosion and need protection.

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Regional Outlook:

Based on Region, the Metal Coatings Market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

APAC is touted to be the fastest growing region in the Global Metal Coatings Market. This can be attributed to the expanding construction industry and rising investments in the infrastructure activities by the government. Initiatives taken by the government in India such as the development of smart cities and construction of Navi Mumbai International Airport among others are envisaged to augment the market growth. Apart from this, rapidly expanding automotive industry in the developing economies as a result of increased spending on automobiles is triggering the demand for Metal Coatings in the region.

North America is another key region in the Global Metal Coatings Market on account of the expanding aviation industry. Increasing aircraft production to cater to the surging demand for automobiles from the developing regions has made a vast difference in the market growth. The product consumption is burgeoning in the electrical and electronics industry with increasing spending on wireless speakers and home appliances. All these factors have led to tremendous market performance in the region.

Europe is projected to manifest into a formidable market during the review period because of the reviving automotive industry, especially in France, Germany, and Russia. Flourishing construction industry coupled with rising investment on the remodeling of houses and commercial buildings is known to be the major driver of the market growth in Europe.

Latin America, on the other hand, is exhibiting substantial market growth with growing construction and automotive industry in Brazil, Argentina, and Colombia. Whereas, the Middle East & Africa is contemplated to note a considerable growth in the Metal Coating Market owing to rising construction activities mainly in the United Arab Emirates (UAE).

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LED Materials Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2024

Market Highlights:

The Light Emitting Diode Materials Market is projected to touch the valuation of USD 21,457.3 million by 2024, reveals Market Research Future (MRFR). It is expected that the market will expand at a CAGR of 10.92% during the forecast period (2018-2024) supported by the dire demand for energy efficient lights.

Growth Drivers and Key Challenges:

The LED Materials Market has witnessed strong growth in recent years backed by numerous factors, mostly by the growing adoption of technological advancements, including the Internet of Things (IoT), automation, and artificial intelligence. LEDs find applications in camera, high-definition television display, telecommunications, camcorder, TV remote controls and optical fiber communication among others.

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The hike in the adoption of LEDs in nations like the United States, the United Kingdom, New Zealand, Taiwan, Canada, Japan, Australia, Venezuela, and Brazil, as a consequence of existing policies against high-power consuming bulbs, has been excellent for the business. With the ban on use of incandescent bulbs along with the rise in demand for energy efficient lighting as well as high-definition displays is an additional factor promoting the development of LED Materials Market.

Although the market is set to do exceedingly well in the ensuing years, lack of awareness regarding the benefits of the technology could slow down the growth rate to some extent. However, critical factors such as the rising product demand in optoelectronics applications as well as for lights in indoor farming will ensure its smooth run in the following years.

Leading Players:

The leading players making a mark in the Global LED Materials Market include UBE INDUSTRIES LTD., Nichia Corporation, EpiGaN, OSRAM Opto Semiconductors GmbH, Plessey, II-VI Incorporated, MACOM, DOWA Electronics Materials Co. Ltd. (DOWA Materials Co., Ltd), AkzoNobel N.V., Cree Inc., Intematix, Sumitomo Electric Industries Ltd., Epistar Corporation, and others.

Recent Developments

June 2019

A team of researchers has developed perovskites that are LED Materials used for converting electrons into light. It is as efficient as commercial organic light-emitting diodes (LEDs) present in flat-screen TVs and cellphones.

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Market Segmentation:

The Segments Identified in the LED Materials Market include Component and Application.

With respect to Component, the LED Materials Market is fragmented into wafers, substrates/semiconductors, epitaxy material, phosphor, and others. The wafers segment includes silicon, silicon carbide, sapphire, and others. The sapphire segment is poised to expand at a CAGR of 8.25% during the conjectured time frame. The segment of silicon will be projecting robust growth as well, on account of rising use of wafers in microelectronic devices.

Application-Dependent Segments in the market are general lighting, consumer electronics, automotive interior lighting, automotive exterior lighting, healthcare, display and billboards, and others. Between these, the residential lighting segment is reckoned to have a good run by reaching a valuation of USD 9650.6 million by 2024. The growing construction of several infrastructural projects in residential areas has led to the segmental growth in the market.

Regional Insight:

The Latest Trends in the LED Materials Market have been analyzed in the key regions of Europe, the Middle East & Africa (MEA), Latin America, Asia Pacific (APAC) and North America.

With a superlative performance in the Global LED Materials Market, Asia Pacific has acquired the top spot. By 2024, the market size is estimated to expand to reach the valuation of USD 9,011.2 million at a growth rate of 12.23%. The surge in adoption of LEDs is touted to be the main reason for the said growth of the market. China has been analyzed to be the most significant country in the region, based on the consumption of LED Materials across different end-user industries, including backlighting, automotive lighting, and so on. With the boost in power generation as well as distribution along with great stress being put on information technology, the regional market has managed to amass considerable profits in recent years. The declining cost of LED in the region is another prominent factor accountable for the high consumption of LEDs, subsequently benefitting the market.

The second strongest region in the Global LED Materials Market is North America, with the primary reason said to be the rising demand for high energy-efficient vehicles. The North America market is poised to reach the valuation of USD 5,056.9 million by 2024. The esteemed players within the region are emphasizing on expanding their customer base by leveraging on calculative collaborative initiatives. The rise in efforts by these players is providing collateral benefits to the regional market. A case in point could be the launch of KBL LED High-Bay Series by Cree in November 2017. This solution was developed for diverse applications including civic, industrial, and retail. On account of this launch, the regional market profited from the surge in customers interested in this product.

Europe is expected to arrive at the valuation of USD 4,496.5 million by 2024, with support from factors like the increasing production of energy-efficient vehicles. In addition, the growing implementation of advanced lighting system across the commercial and residential sectors will work in favor of the LED Lighting Market in the region. The projects for implementing LED systems for residential purposes, street lights and traffic signals are noting high adoption across several countries in the region. Besides, the government is taking up a number of smart city initiatives and also making strict energy regulations to encourage the use of LEDs, which will help the Europe LED Materials Market generate higher revenues.

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Transparent Conductive Films Market Size Estimation, Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023

Market Overview:

Transparent Conducting Films are electrically conductive materials, majorly used as solar cells. Their application in the touch screen of smartphones and flat panel televisions is estimated to boost the demand. Transparent Conducting Films have high-performance and long-lasting properties, which make them ideal for application in electronic devices and flexible screens. For instance, the revenue from the sale of smartphones was USD 479 billion in 2017 and is expected to grow in the coming years, thus increasing the application of Transparent Conducting Films in smartphones is positively influencing the global market growth.

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The high demand for suitable Transparent Conductive Film for application in flexible electronic devices is driving market growth. Silver nanowires are extensively used in flexible electronic devices and transparent heaters owing to their unique mechanical, optical, thermal, and electrical properties. Further, the increasing demand for consumer electronics such as LCD, tablets, notebooks, and wearables devices is estimated to boost the global market growth. 

For instance, China reported consumer electronics sale of USD 127.26 billion in 2019, the US consumer electronics market was reported to be USD 107 billion in 2018 and India reported USD 31 billion in 2017. Thus, the growth of the consumer electronics industry is estimated to propel the global market growth during the assessment period.

Competitive Analysis:

The leading players in the Global Transparent Conductive Films Market are Nitto Denko Corporation (Japan), Teijin Ltd (Japan), TDK Corporation (Japan), Toyobo Co., Ltd (Japan), Gunze (Japan), Cambrios Technologies Corporation (US), Canatu OY (Finland), C3nano (China), Dontech Inc (US), Chasm Technologies, Inc (US), ILJIN display Co., Ltd (South Korea), Hitachi Chemical Company, Ltd (Japan), Evaporated Coatings, Inc (US), Eikos Inc (US), Max Film, Inc (India), among others.

Market Segmentation:

The Global Transparent Conductive Films Market has been segregated on the basis of Material, Application and Region.

By Material, the Global Transparent Conductive Films Market is categorized into carbon nanotubes, metal mesh, silver nanowire, indium tin oxide on PET, indium tin oxide on glass. The carbon nanotubes segment is estimated to register healthy CAGR owing to their elastic and thermal properties.

Based on Application, the Global Transparent Conductive Films Market has been segmented into LCD, smartphone, notebook, tablets, wearable devices, and others. The smartphone segment is projected to register significant CAGR owing to the increase in the sale of smartphones.

Regional Analysis:

North America lead the Global Transparent Conductive Films Market owing to wide application in LCD and smartphone for example in 2013, 41.8 million LCD TVs were sold in the region. Economic development and a rise in consumer spending on electronics products is expected to fuel the regional market growth. Asia-Pacific is expected to register substantial growth due to the rise in the sale of smartphones, wearable devices, and notebooks lead by evolving consumer preference toward entertainment and accessibility to information.

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Polyetherimide Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2024

Market Summary:

The Global Polyetherimide Market is expected to register a CAGR of 6.3% to reach a value of USD 820 million during the forecast period. Polyetherimide offers excellent chemical, thermal, and mechanical properties, which is fueling its demand in end-use industries such as automotive, electrical & electronics, and telecommunication.

Competitive Analysis:

The leading participants are making invests in research and development of innovative products to gain momentum in the global market. For instance, SABIC in April 2018 launched a basalt fiber filament, ULTEM AMHU1010F, with higher biocompatibility for the medical industry. Some of the key players operating in the polyetherimide market are Ensinger (India), SABIC (Saudi Arabia), Westlake Plastics Company (US), Aetna Plastics (US), Mitsubishi Chemical Advanced Materials (Japan), RTP Company (US), PolyOne Corporation (US), Aikolon Oy (Finland), Centroplast Engineering Plastics GmbH (Germany), Lehmann&Voss&Co. (Germany), and Röchling SE & Co. KG (Germany).

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Segment Analysis:

The Global Polyetherimide Market has been segmented based on Process, Type, Form End-Use Industry and Region.

Based on Process, the Global Polyetherimide Market has been divided into injection molding, blow molding, foam molding, and extrusion. The injection molding and blow molding segments are collectively expected to account for the largest share of the Global Polyetherimide Market during the forecast period. The injection molding is expected to be the fastest growing segment, and the growth is attributed to the increasing demand for injection-molded products having superior electrical and thermal properties in the electrical and electronics and telecommunication industries.

By Type, the Global Polyetherimide Market has been segregated into unreinforced and reinforced. The reinforced segment dominated the Global Polyetherimide Market in 2018. The demand for reinforced Polyetherimide is expected to increase significantly during the forecast period. The high mechanical strength and dimensional stability at elevated temperatures make it suitable for applications in the automotive, aerospace, and electrical & electronics industries. The reinforced segment is further divided into carbon fiber and fiberglass. The demand for fiberglass reinforced Polyetherimide is expected to increase in the electrical & electronics industry due to its electroplating and internal mold release properties.

Based on Form, the Global Polyetherimide Market has been categorized into sheets, rods, granules, and films. The demand for Polyetherimide sheets is expected to grow in the automotive and aerospace industries. Polyetherimide rods segment is expected to be the fastest growing due to the high demand in the medical industry.

On the Basis of End-Use Industry, the global market has been segmented into automotive, medical, food & beverage, aerospace, marine, telecommunication, electrical & electronics, and others. The automotive industry accounted for the largest share of the Global Polyetherimide Market, followed by the electrical & electronic industry. The demand for the product in the aerospace industry is expected to increase owing to the lightweight and flame retardant properties of Polyetherimide.

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Regional Analysis:

The Global Polyetherimide Market, by Region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific led by China, Japan, India, and South Korea dominated the global market in 2018. The region is expected to showcase significant growth during the forecast period owing to increasing manufacturing of automobiles. The growing urbanization and industrialization in the region will have a positive impact on the growth of end-use industries, and thus boost the growth of the regional market. The European market is expected to witness moderate growth led by Germany, France, the UK, and Italy, driven by the increasing demand for the product in the medical and automotive industries. North America is expected to be a prominent market for Polyetherimide owing to the increasing demand for the product in the oil & gas, aerospace, and automotive industries. The market in Latin America is expected to exhibit considerable growth during the review period due to the expanding end-use industries in the region. The Middle East & African market is expected to witness moderate growth during the forecast period.

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Polyacrylamide Market CAGR Status, Market Size Estimation, Industry Share, Price, Growth Trend, Business Analysis and Forecast 2019 to 2024

Market Summary:

The Global Demand for Polyacrylamide stood at USD 4.7 billion in 2018, and the market is poised to exhibit a CAGR of over 6.53% during the forecast period. The growth of the market is driven by the increasing demand for the product in the wastewater treatment industry due to the growing regulations regarding treated water and recycling of wastewater from the chemical, pharmaceutical, and other industries. Additionally, the growing demand for oil and natural gas is expected to increase the application of Polyacrylamide in the oil recovery process and boost the growth of the global market during the forecast period.

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Competitive Analysis:

The key players operating in the Global Polyacrylamide Market include Black Rose Industries Ltd (India), China National Petroleum Corporation (CNPC) (China), BASF SE (Germany), Dongying Kechuang Biochemical Industrial Co., Ltd (China), Kemira OYJ (Finland), Anhui Jucheng Fine Chemicals Co., Ltd (China), SNF Group (France), Daqing Zhonglan Petrochemical Co Ltd (China), PetroChina Company Limited (China), Ashland (US), ZL Petrochemicals Co., Ltd (China), Beijing Hengju Chemical Group Corporation (China), Xitao Polymer Co. Ltd (China), The Dow Chemical Company (US).

Segment Analysis:

The Global Polyacrylamide Market has been segmented by Product Type and Application.

Based on Product Type, the Polyacrylamide Market has been segmented into anionic, cationic, and non-ionic. The anionic segment held a share of over 47% of the Global Polyacrylamide Market in 2018 and is expected to follow the same trend during the forecast period. Anionic Polyacrylamide flocculants are food grade, widely used in wineries, ethanol plants, meat processing, and sugar mills. Anionic Polyacrylamide could be used both as an industrial grade and as a food grade. However, cationic Polyacrylamide has high dehydration rate, which allows it to be used in water treatment along with inorganic coagulant in monosodium glutamate, alcohol, beverage, and sugar factories, as well as tanneries, dyeing, tanneries, and other fields. Cationic polyacrylamide is also used as an additive in the paper and pulp industry.

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By Application, the market has been segmented into water treatment, pulp & paper, mineral processing, enhanced oil recovery, and others. The PAM finds wide application in the water treatment industry followed by enhanced oil recovery, mineral processing, and pulp & paper. The wastewater treatment segment is expected to hold a share of over 37% during the forecast period. The growing demand for Polyacrylamide in the oil and gas industry is expected to boost the growth of the market owing to its application in enhanced oil recovery, solid and liquid separation, and mud drilling activities. In mineral processing, Polyacrylamide is used for clarification of fine coal slurry into vessels, while enhancing the solid and liquid separation of the tailings. Furthermore, in the pulp and paper industry, Polyacrylamide is used as a dry strength agent to filter aid, and as a retention agent. This property of the Polyacrylamide helps to improve the paper quality while enhancing the physical strength of paper coupled with the reduction in fiber loss. Owing to these factors, the Polyacrylamide Market is expected to propel during the forecast period.

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