Silicone Adhesives Market Manufacturers, Types, Regions and Applications Research Report Forecast to 2023

Silicone Adhesives belongs to a class of glue substances that contains silica and oxygen atoms. They are extensively used in end-use industries to impart thermal stability, lightweight and durable nature to the final product. Moreover, they also provide reliability and versatility to the product.

The Global Silicone Adhesives Market is driven by the scope of its application in various sectors such as buildings & construction, medical, transportation, electrical & electronics, and others. Moreover, the medical segment is set to grow at a higher CAGR owing to the boundless use of adhesives in the sector.

Market Segmentation:

The Global Silicone Adhesives Market is segregated into the Type, Technology, and Application.

The market by Type is classified into one-component and two-component segments.

Based on Technology, the market is differentiated into pressure sensitive adhesives, and non-pressure sensitive adhesives segments.

The market by Application is bifurcated into buildings & construction, medical, transportation, electrical & electronics, and others.

Market Scenario:

The one-component segment is the most widely used type in the market due to its growing consumption in heavy end-use industries such as buildings & construction, medical, transportation, and other sectors. Moreover, it is estimated that the medical segment is set to grow at a rapid rate in the market due to strength and durable nature offered by the product.

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The pressure sensitive adhesives are the leading technology segment in the market on account of its growing consumption in tapes, labels, gaskets, and others. These materials provide unique mechanical strength, and flexibility to the product.

The medical sector is the leading application segment in the market and is anticipated to observe a higher CAGR due to extensive use of adhesives to impart high temperature resistance, better UV stability, weather-proof, and other features to the product.

Competitive Analysis:

Some of the well-known players functioning in the Global Silicone Adhesives Market are 3M (Germany), Ashland (U.S.), AVERY DENNISON CORPORATION (U.S.), Beardow Adams (U.K.), BOSTIK SA (France.), The Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), Ellsworth Adhesives (U.S.), H.B. Fuller Company (U.S.), and Henkel AG & Co. KGaA (Germany) among others.

Regional Analysis:

Geographically, Silicone Adhesives Market is segmented across five regions in the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds most of the market share due to advantages offered by the product such as flexibility, unique elongation and growing consumption of Silicone Adhesives in major industries. North America is set to expand at a significant rate owing to growing demand for the product in buildings & construction, medical, transportation, and other sectors. In this region, the manufacturers and investors are shifting their focus from solvent-based material to water-borne products in end-use applications. Due to these changes, a phenomenal growth is expected in the region. The growing construction and medical sectors have driven the market in the European region. Due to increasing constructional activities, Latin American region is estimated to witness a good growth in the market. The rising demand for silicone adhesives in major sector is projected to drive the market in the Middle East & African region during the forecast period.

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Non-Woven Filter Media Market Industry Sales, Supply and Consumption Analysis and Forecasts to 2023

Overview:

The Global Market for Nonwoven Filter Media is expected to scale up to an impressive valuation of USD 7206.8 million during the forecast period (2017-2023), proclaims Market Research Future (MRFR) in an in-depth analysis of the market scenario. Rising ecological awareness is playing a pivotal role here as the market is getting driven mainly by demand for bio-friendly materials. In the process, the market is expected to enjoy a stellar CAGR of 7.01% during the review period.

Drivers and Restraints:

The Demand for Nonwoven Filter Media can be seen in diverse industries as its application is varied. Oil & gas industry is projecting a substantial demand for the component as it is mostly used in surface cleaning, and as a preventive measure against corrosion. Its multifunctionality may eventually help it replace polyurethane foam.

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Improvisation of intake air filtration media in the automotive sector can boost the market further. Environmental concerns have barred the industry from using cellulose materials, paper and foam and as a perfect substitute, the market has recently introduced Nonwoven Filter Media which has increased service life and enhanced sensor shielding mechanism.

Resistance to chemical, oil absorption quality, durability, and air permeability have made nonwoven filter media a preferred component for diverse sectors such as wastewater management and healthcare industries. Furthermore, the material can be tailor-made and is cost-effective which help it gain traction in the market.

Market Dashboard:

The market is having a challenging competition with various players strategizing continuously to attain the top spot. Traditional methods such as merger and acquisitions are playing a significant role. For instance, Ahlstrom-Munksjö has recently acquired Expera Specialty Solutions, which was previously known as Thilmany Pulp and Paper Co.

Some of the key players of the Global Nonwoven Filter Media Market are Parker Hannifin Corp, DowDuPont, Sandler AG, Pentair Residential Filtration, Ahlstrom-Munksjö, Johns Manville, 3M, Hollingsworth & Vose, Freudenberg Filtration Technologies, Berry Global Inc., and others.

Industry Trends:

Nonwovens Innovation & Research Institute (NIRI), a UK-based company, has a strong portfolio in designing and developing filtration medium and products associated with HVAC, gas turbine, coalescence, fuel, pharmaceutical, medical and food & beverage. They have recently launched Phenom-Pro SEM, which has been designed for Nonwoven imaging structures at micro-scale.

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Segmentation:

The Global Nonwoven Filter Media Market can be segmented by Product, Filter Type, Technology, and Application.

Product-Wise the market can be segmented surface filter and depth filter.

Based on Filter Type synthetic and natural filter. Synthetic filters are cost-effective. However, owing to rising ecological concerns, people now prefer natural fibers more, and its availability in any size makes it a perfect component for filters.

Technology-Based Segmentation includes the market is segmented as spunbound, meltblown, waitlaid, needle punch and another segment. Spunbound media is currently dominating the market and is expected to experience a healthy growth owing to its features such as being lightweight, durability, high liquid retention properties, and cost-effectiveness.

Based on Application, market comprises transportation, water filtration, HVAC, food & beverages, manufacturing, pharmaceutical, refining, mining, homecare, and others. Transportation section is currently generating the maximum market share. However, the health sector is slowly gaining momentum.

Regional Analysis:

Region-Wise, the market includes North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and the Middle East & Africa (MEA).

The APAC is dominating the market where countries such as China and India are contributing the most. The focus is mainly on air and water pollution control and as an added sector healthcare is showing great potential. Countries that were previously enjoying better automotive markets are currently facing steep opposition from emerging economies such as India, China, Brazil, and Russia. This is also giving rise to the Global Nonwoven Filter Media Market.      

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Fire Protection Coatings Market Trends, Industry Analysis, Outlook and Global Forecasts 2023

Fire Protection Coatings are applied to the industrial components to act as a protective barrier which prevents them from damage during a fire. These coatings are of two types namely passive protection coatings and active protection coatings. They are known for their strength, reliability and excellent fire performance characteristics. Owing to these features, they are used in various application such as buildings and construction, oil & gas, automotive, aviation, marine and others.

The Global Fire Protection Coatings Market has been driven by the rising usage of passive protection coatings due to their low cost and non-combustibility features. A significant growth has been predicted in the market owing to rising demand in the end-use industries.

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Competitive Analysis:

Some of the major players operating in the Global Fire Protection Coatings Market:  PPG industries (U.S.A.), Akzo Nobel N.V. (the Netherlands), The Sherwin-Williams Company (U.S.A.). RPM International Inc. (U.S.A.), Nippon Paint Holdings Co. (Japan), Axalta Coating Systems, LLC(U.S.A.), The Valspar Corporation (U.S.A.), BASE Coatings (Germany), KANSAI PAINT CO., LTD (Japan), among others.

Market Segmentation:

The Global Fire Protection Coatings Market is differentiated into Type and Application.  By Type, the market is further segmented into passive Fire Protection and active Fire Protection Coatings. Passive fire coatings include application in constructional components such as concrete, compartments, structures and others. These coatings hold the major share in the market due to its popularity and growing use in end-use industries such as construction, paints and coatings, automotive, energy and others. They are light weight therefore can be applied easily. Active Fire Protection Coatings is a system where coatings can be applied automatically without any manual help. These coatings are implemented by a system of sprinklers, alarms water deluge systems. It is projected that active Fire Protection Coating Market is set to grow at a high rate due to its growing usage in buildings and construction industry, hospitals and others.

Regional Analysis:

Based on Geography, the Global Fire Protection Coatings market is segregated into five key regions namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, Asia Pacific is predicted to lead the market globally due to rising demand from the heavy end industries such as, oil & gas, paints and coating, marine and others. Europe is also predicted to witness a massive growth in the Fire Protection Coatings market due to their growing use in furniture and construction industries. The North American and Latin American has recognized a significant development in the market owing to growing demand of steel in various industries. Moreover, the Middle East & Africa has witnessed a stunted growth in the market due to economic slowdown.

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High Purity Alumina Market Industry Sales, Supply and Consumption Analysis and Forecasts to 2022

Overview:

High Purity Alumina Market is known for its high value, high margin and is a highly demanded product that serves as a pivotal factor in the production of synthetic sapphire. The component is well-known for its contribution in the semiconductor industries and in the production of hybrid cars, lithium ion batteries, optical lenses, photovoltaic cells, phosphor, sodium lamps, and others. The Global High Purity Alumina Market is deemed to chart its forward quest with a 18.56% CAGR during the forecast period of 2016 to 2022. Market Research Future (MRFR) in their latest report on the same market claims the possibility of a growth that would surpass the expected market valuation.

Factors, such as the high intake of LED products and smartphones are expected to take the Global High Purity Alumina Market ahead in the coming years. Electric vehicles and hybrid cars are also expected to provide much traction to the market. This is due to the high inclusion of the product in the semiconductor industry and the industry is imperative for the electric vehicle industry growth.

Competitive Landscape:

Several companies in the Global High Purity Alumina Market are showing keen interest in establishing their footing. These companies are Nippon Light Metal Holdings Co., Ltd, Alcoa Inc., Sumitomo Chemical Co., Ltd, Sasol Limited, Zibo Xinfumeng Chemicals Co., Ltd, Xuancheng Jingrui New Materials Co., Ltd, PSB Industries SA, Hebei Pengda Advanced Materials Technology Co., Ltd, Altech Chemicals Limited, and others. MRFR profiled these companies for a better market analysis and to have a complete grip over trends that can inspire the market in the coming years.

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In August 2019, Australian firm Archer Exploration Limited, known for their mineral exploration activities, announced their target in South Australia, the Eyre Peninsula for their latest High Purity Alumina (EPHPA) Project.

Segmentation:

MRFR, in their analysis of the Global High Purity Alumina Market, revealed that the market could be segmented into Products and Application. This segmentation would ensure an easy access to various factors that can impact the market in the coming years. This analysis has strong roots in the volume-based and value-based data fetched by adept analysts.

Based on the Product Type, the High Purity Alumina Market can be segmented into 4N, 5N and 6N. The 4N segment has 99.99% Purity and 0.01% impurity, the 5N segment has 99.999% purity and 0.001% impurity, and the 6N segment has 99.9999% purity and 0.0001% impurity.

Based on the Application, the High Purity Alumina Market can be segmented into LED, semiconductors, phosphor, and others. The LED segment has a control of almost 54% of the entire market. These products display a strong lifespan, durability, and reliability due to which the intake of these products by various end-user is quite high. The phosphor segment gains strong traction by becoming a part of the manufacturing of plasma displays and protective coatings.

Regional Analysis:

North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA) are five distinct regions that have been named in a region-specific analysis of the Global High Purity Alumina Market. This analysis banks on revealing various market possibilities and demographic challenges which the market can face in the coming years.

The APAC market has the lead and is expected to retain its dominance during the forecast period. Both in terms of volume and value, the High Purity Alumina Market in this region is expected to score better than other regions. The growth would be at an impressive 20.75% CAGR during the forecast period. China, in this region, is expected to record the fastest growth rate due to rapid industrialization, cost-affordable raw materials, easy availability of labor and better manufacturing facilities for LED products.

North America is expected to grab on the second spot during the forecast period with Europe taking the third spot. The inclusion of semiconductors in the automotive sector can take these two regions quite far as their infrastructures for the automotive sector are quite robust.

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Bio-Lubricants Market Trends, Industry Analysis, Outlook and Global Forecasts 2022

Global Bio-Lubricants Market – Overview

With an increasing level of impetus placed on environmentally safe products, Bio Lubricants are being manufactured to address the problems associated with using other forms of lubricants. They are highly popular and are easily manufactured using vegetable oils such as soya bean, coconut, canola and rapeseed etc. Market Research Future, who specializes in reports related to chemicals and materials recently stated in a report titled Global Bio-lubricants Market Research Report- Forecast to 2022, that the Global Bio-Lubricants Market is forecasted to achieve USD 3.50 billion by 2022 with 7.2% CAGR from 2016 to 2022.

The Global Bio Lubricant Market is currently developing consistently. With the introduction of new and varied production process, the applications and industries are also increasing in numbers to adapt the product. The growth is also indicative of a phase of clarity in the sector which is contributing to the better performance of the demand base. The evolution of production technologies and methods are also creating a positive impact level on the segment. In terms of safety of water resources, bio lubricants pose the least level of risk as they do not pollute the water sources and are being effectively utilized by the marine industry. Quarries, construction sites which utilize construction equipment’s also have effectively used Bio Lubricants that are easily cleaned in case of oil spillage. Bio Lubricants also are highly demanded in other ancillary sectors where there is a requirement of bio lubricants.

Bio Lubricants are one of the most important factors of the bio economy that has emerged around the world. 

Growing environmental concerns over the use of environment polluting materials have driven the market towards adopting Bio Lubricants instead of the normal variety available. This trend is most notable in developed economies worldwide. Due to the biodegradability characteristics of this class of lubricants, they have emerged as popular option. Increasing investment in terms of R & D expenses have increased demand for this product. Moreover, the expansion of the automotive sector around the world has also provided a positive boost to the market.

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The Bio Lubricant sector is undoubtedly seeing a good pace of development but factors like high levels of dependence on vegetable and animal oils which are naturally occurring can lead to restriction of the supply levels that can be achieved. As application of bio lubricants is currently restricted to certain sectors, the adoption rates are still not at optimal levels, these factors along with cost constraints and limited level of technology developments can slow down growth of the sector.

Global Bio-Lubricants Market - Competitive Advantage

With the entry of new industry players in the Bio Lubricant Market, a trend of solid, volume-driven growth has been observed in the market with the addition of new and advanced product types in the segment. Companies are aiming to capture & solidify their share of the market segment, by competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.

Key players profiled in Bio-Lubricants segment are Total S.A, Exxon Mobil, Royal Dutch Shell PLC, Chevron Corporation, Kluber Lubrication München Se & Co. Some of the other important industry players profiled are Albemarle Corporation, Emery Oleochemicals, Panolin AG, Binol Bio Lubricants, Castrol and others.

Global Bio-Lubricants Market - Segments

The Global Bio Lubricant Market has been divided into the following categories for the purposes of the report:

By Types: Animal Oil, Edible and Non-Edible Oil.

By Application: Automotive, Engine Oils, Greases, Process Oils, Chainsaw Oils, Metal Working and Fluids.

By Region: North America, Europe, Asia Pacific and ROW.

By End Users: Automotive Industry, Construction, Commercial Transport and Others.

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Global Bio-Lubricants Market - Regional Analysis

Geographically, North America dominates the market due to stringent regulation of government for the use of conventional lubricants especially in marine, agriculture and others. These regulations of government will push the use of Bio-Lubricants in agriculture, marine and other industries. Emerging economies like India, China and South Korea contribute the most in the bio-lubricant market due to growing automotive and construction sector. Developed regions contribute maximum as compared to regions which are still developing. Therefore, APAC regions share less in the growth of the global bio-lubricant market. At the same time, manufacturers are looking for cost effective, low production method for bio-lubricants. Therefore, investors have a good opportunity for a profitable business in the forecasted period.      

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Aerogel Market Size, Trends, Growth, Outlook and Forecast to 2023

Market Synopsis:

Market Research Future (MRFR)’s new report highlights that the Global Aerogel Market is set to expand at a healthy CAGR during the forecast period 2017 to 2023. Aerogel has developed application across various industries such as oil & gas, building insulation, aerospace, transportation, electronics, and others. The growth of the end-user industries is likely to drive the expansion of the global market over the assessment period. Meanwhile, the increasing demand from the burgeoning automotive industry is projected to have a relatively higher impact on the proliferation of the Aerogel Market in the upcoming years.

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Silica aerogel offers low density, high transparency, low thermal conductivity, etc. which makes it suitable for various uses such as pollution filters, supercapacitors, absorbents, etc. The demand for silica aerogel is expected to witness an upswing over the next couple of years. It is projected to propel the expansion of the Global Aerogel Market during the assessment period. Furthermore, the extensive use of Silica Aerogel across the oil & gas, and aerospace industry is estimated to expedite the growth of the Aerogel Market.

Market Segmentation:

By Type, the Global Aerogel Market has been segmented into silica, polymer, and carbon segments.

By Form, the Aerogel Market is segmented into blanket, panel, particle, and monolith segments.

By Processing, the Global Aerogel Market has been segmented into virgin, composites, and additives segments.

By Application, the Aerogel Market is segmented into oil & gas, construction, transportation, performance coating, and others.

Regional Insights:

The Global Aerogel Market, by Region, has been segmented into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. North America is a major regional market for Aerogel Globally. The growing consumption of insulation materials across different industries is expected to propel the expansion of the Aerogel Market in the region. Furthermore, the rising demand for Aerogel from the oil and gas industry owing to low installation cost and better compression resistance is also anticipated to have a favorable influence on the growth of the market. The U.S., Canada, and Mexico are the most significant country-level markets of the region.

Asia Pacific is estimated to register a significant growth rate over the assessment period. The factors that are favoring the growth of the regional Aerogel Market include growth of the end-user industries, rising inflow of investments, widening range of application across verticals, etc. The country-level markets that are expected to witness substantial growth include China, Japan, and India.

Europe is an important revenue pocket of the Global Aerogel Market and is poised to show a steep rise in the growth owing to the implementation of new regulations favoring the proliferation of the market. The growing innovation and technological advancements are likely to catapult the Aerogel Market on an upward trajectory with major contributions coming from the U.K, Italy, Germany, and France.

Competitive Dashboard:

Some of the Key Players Profiled in the report are BASF SE (Germany), Cabot Corporation (U.S.), Aerogel Technologies, LLC (Germany), Aspen Aerogels, Inc. (U.S.), Nano High-Tech Co., Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Limited (U.S.), Guangdong Zhaoqing L&V Co. Ltd. (China), and Svenska Aerogel AB (Sweden).

Industry News:

In February 2018, L.L. Bean, a leader in clothing and outdoor recreation equipment, has introduced ultralight sleeping bags produced through innovative PrimaLoft insulation which blends aerogel with traditional fibers.

In June 2018, Graphene Composites, a Durham firm, has developed bulletproof armor for school kids using aerogel, ultrastrong graphene, and other advanced materials.

In November 2018, the researchers of National University of Singapore (NUS) have innovated an inexpensive way of creating aerogel from waste plastic bottles.

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Polyetherimide Market Sales, Revenue, Gross Margin, Market Share by Top Companies 2024

Market Summary:

The Global Polyetherimide Market is expected to exhibit a CAGR of ~6.3% during the forecast period and is projected to reach a value of ~USD 820 million by the end of 2024. The demand for the product in Asia-Pacific is expected to grow at a significant rate during the forecast period owing to the growth of end-use industries such as automotive, electrical & electronics, and telecommunication. The growing demand for lightweight, advanced materials in the automotive industry have increased the demand for Polyetherimide in developed as well as developing economies such as the US, UK, Germany, India, China, and Japan, which is expected to propel the growth of the Global Polyetherimide Market during the forecast period.

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Key Players:

Some of the Key Players Operating in the Polyetherimide Market are Aetna Plastics (US), SABIC (Saudi Arabia), Westlake Plastics Company (US), PolyOne Corporation (US), Ensinger (India), Röchling SE & Co. KG (Germany), RTP Company (US), Centroplast Engineering Plastics GmbH (Germany), Lehmann&Voss&Co. (Germany), Aikolon Oy (Finland), and Mitsubishi Chemical Advanced Materials (Japan).

Segmentation:

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 categorized into injection molding, blow molding, foam molding, and extrusion. Injection molded polyetherimide is expected to dominate the global market by the end of the forecast period.

Based on Type, the Global Polyetherimide Market has been categorized into unreinforced and reinforced. The reinforced segment is expected to hold largest share in the global market in 2018 and is further segregated into carbon fiber and fiberglass.

Based on Form, the Global Polyetherimide Market has been categorized into sheets, rods, granules, and films.

By End-Use Industry, the Global Polyetherimide Market has been divided into automotive, medical, food & beverage, aerospace, marine, telecommunication, electrical & electronics, and others. Automotive industry to lead the Polyetherimide Market in terms of consumption followed by the electrical & electronics industry.

Regional Analysis:

Geographically, the Global Polyetherimide Market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the largest share of the Global Polyetherimide Market in 2017 and is expected to witness significant growth during the forecast period. The global manufacturing base of automotive, aerospace, and other industries are shifting from mature markets to the developing countries such as India, China, and ASEAN countries, this trend is expected to increase the application of Polyetherimide.

The European Polyetherimide Market is expected to witness healthy growth during the forecast period due to the growing automotive industry as well as demand for lightweight materials to reduce carbon emissions. Furthermore, healthy growth of the medical industry in Europe is expected to further boost the demand for Polyetherimide for application in re-usable and disposable medical devices and for medical monitor probe housing. The North American market is expected to be another prominent market for Polyetherimide. The expanding oil & gas industry and increasing investment in shale gas exploration in the US with the increasing demand for petroleum products are driving the growth of Polyetherimide Market in North America. The Latin American Market is expected to create lucrative growth opportunities owing to the expanding automotive, aerospace, and electrical & electronic industries in Brazil, Mexico, and Argentina. The market in the Middle East & Africa is likely to witness moderate growth during the forecast period.

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Elastomeric Foam Market Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2023

Elastomeric Foam is garnering colossal traction and prominence in the market. Increasing product demand from the automobile and aerospace industries is a dominant force driving the market growth. Similarly, the substantial growth that the HVAC sector is witnessing over the past couple of years due to the rising construction projects is, in turn, having a positive impact on the Global Elastomeric Foam Market.

According to a leading research firm - Market Research Future (MRFR), the Global Elastomeric Foam Market is expected to accrue exponentially by 2023. In its recently published research report, MRFR also asserts that the market would register a significant CAGR throughout the assessment period (2018 to 2023). The augmenting demand for lightweight materials in aircraft and automobiles to achieve high fuel efficiency is one of the key factors that support market growth.

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Additional factors substantiating the growth of the market include the growing population, urbanization, and industrialization, worldwide. On the flipside, factors such as the price instability of the raw materials impede the growth of the global elastomeric foam market. Nevertheless, increasing usages of these materials in the construction industry is expected to support market growth over the assessment period.

Global Elastomeric Foam Market - Competitive Landscape

Highly competitive, the Elastomeric Foam Market appears to be fragmented, characterized by the presence of some large and small players. Well-established players are focusing on optimized situational awareness of customers to ensure their mission success. These players seek market expansion incorporating strategies such as mergers & acquisitions, expansion, and product launch.

Substantial investments are made in R&D activities to develop the cost-competitive product portfolio. These strategies support the growth and expansion plans of the key players during the assessment period. Market players possess a strong sales and distribution network, which has helped them to gain a leadership position in the market.

Major Players:

Players leading the Global Elastomeric Foam Market are Hira Industries LLC (UAE), Armacell International SA (Luxembourg), Zotefoams PLC (UK), Huamei (China), L'isolante K-Flex SpA (Italy), Kaimann GmbH (Germany), NMC SA (Belgium), Jinan Retek Industries Inc. (China), Grando (Belgium), Rogers Foam Corporation (US), and Sekisui Plastics Co., Ltd (Japan), among others.

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Industry/ Innovation/ Related News

March 05, 2019 ---- Polytek Development Corp. (the US), a manufacturer of specialty polymers for mold making & casting applications, announced the acquisition of BCC Products, Inc. (the US), a manufacturer of world-class polyurethane elastomers and resins.

This acquisition fortifies Polytek's leadership position in industrial mold making and casting solutions and will allow the organization to further serve industries with demanding tooling and casting requirements.

Global Elastomeric Foam Market - Segments

The report is segmented the market into three key market dynamics to widen the scope of understanding,

By Type: Natural Rubber and Synthetic Rubber (Nitrile Butadiene Rubber, Ethylene Propylene Diene Monomer (EPDM), Chloroprene, others.)

By End-use Industry: HVAC, Automotive, Electrical, and Electronics, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Elastomeric Foam Market - Geographical Analysis

The Asia Pacific region leads the Global Elastomeric Foam Market as a result of rapid industrialization in developing countries such as Japan, Korea, India, China, and Thailand. Besides, increasing residential and commercial construction as a result of urbanization leads to rising the demand for duct and HVAC systems, fuelling the growth of the Elastomeric Foam Market.

Additional factors such as increasing automobile production and the electronics industry are acting as a tailwind to the growth of the regional market. Also, the widespread use of these materials in the diverse end-use industries such as aerospace and lucrative investment policies backed by economic growth is providing impetus to the regional market growth.

The Elastomeric Foam Market in North America accounts for the second-largest market, globally. The presence of well-developed aerospace and automobile industries contributes substantially to the growth of the regional market. Moreover, increasing government spending on infrastructure development projects is positively affecting product demand.

The European Elastomeric Foam Market is expected to grow rapidly on account of the reviving automotive industry with the surge in demand for highly energy-efficient and lightweight vehicles to reduce carbon emissions.

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Cyclohexanone Market Overview, Outlook, Segmentation, Applications, Forecast, Analysis 2024

Market Summary:

The Global Cyclohexanone Market is projected to exhibit a CAGR of over 8.6% during the forecast period, owing to the increasing application of Cyclohexanone in numerous end-use industries such as textile, healthcare, paints and coatings, agricultural, and others. These compounds, about 95%, are majorly used in the production of nylon. 

Additionally, the Global Cyclohexanone Market is expected to grow due to the rise in the personal protective clothing sector in recent years. The increasing application of Cyclohexanone compound in nylon is expected to boost the cyclohexanone market share during the forecast period.

Competitive Analysis:

The Key Players Operating in the Global Cyclohexanone Market are ACE CHEMICAL CORP. (China), Shanghai Mintchem Development Co, Ltd (China), Eastman Chemical Company (US), Kawaguchi Chemical Co., Ltd. (Japan), Keeneyes Inc. (China), Arkema (France), Lanzhou Auxiliary Agent Plant Co., Ltd (China), Henan Haofei Chemical Co, Ltd (China), Asahi Kasei Corporation (Japan), and Sigma-Aldrich (US).

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Segment Analysis:

The Global Cyclohexanone Market Report has been segmented based on Application and End-Use Industry.

Based on Application, the Global Cyclohexanone Industry has been segmented into nylon, paints, lacquers & metal polishing, herbicides & insecticides, pharmaceutical drugs, and others. Nylon is expected to attract the majority of the traction in the market, as 95% of the Cyclohexanone produced across the globe is used to produce nylon 6 and nylon 6,6. These products, due to their high melting points and excellent resistance to wear find application in sportswear, aesthetic apparels, automotive interior, and others. The nylon market is expected to cross 35 billion by 2023, which is subjected to the growth of electronics, automotive, packaging, consumer packaged goods (CPG), and plastic products industries in developing regions such as South-East Asia and the Middle East & Africa. For instance, in the automotive industry, top players such as GM, Volkswagen, Toyota, and Ford use Nylon 6 for engine components which include bearing, bushings, oil containers, fuse boxes, crankcases, timing belts, and cylinder head covers. Furthermore, Nylon 66 has excellent wear resistance and lower moisture absorption properties, which makes it ideal for use in the electronics industry. Thus, owing to these factors, the nylon segment is expected to witness significant growth during the forecast period.

Based on End-Use Industry, the Global Cyclohexanone Market has been segmented into textile, agriculture, paints & coatings, healthcare, and others. The textile segment in 2018 accounted for the largest market share in terms of volume and is expected to maintain its dominance throughout the forecast period. This demand is attributed to the rise in demand for technical textile in the end-use industries such as automotive, construction, and packaging industries. The use of technical textile is increasing due to excellent wear resistance and high moisture absorption properties, and it acts as an insulator. Moreover, Cyclohexanone as a dye provides excellent uniformity of coloration, perspiration, and increases dimension stability to the textile end-product. Owing to these factors, the textile segment is expected to gain major traction in the Global Cyclohexanone Market during the forecast period.

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Transparent Conductive Films Market Size, Trends, Growth, Outlook and Forecast to 2023

Regional Opportunity:

The increasing prevalence of chronic diseases in North America such as diabetes and cardiovascular diseases has increased the adoption of smartwatches, fitness trackers, and wearable smart medical devices. These wearable devices provide information on breathing patterns, blood pressure, and body glucose levels. According to the World Health Organization (WHO) in 2014 around 422 million people worldwide had diabetes. Thus, the increasing prevalence of diseases is expected to fuel the demand for wearable devices, which in turn is expected to boost the demand for Transparent Conductive Films during the forecast period.

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Furthermore, the surge in the number of mobile internet users, which was 3.3 billion worldwide in 2017, and smartphone users have created an information hub that connects to the cloud and helps data transfer. Thus, an increase in the number of mobile internet and smartphone users are factors expected to boost the application of transparent conductive films and drive the growth of the regional market.

Key Players:

The key Players in the Global Transparent Conductive Film 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), and Max Film, Inc (India), among others.

Segmentation:

The Global Transparent Conductive Films Market has been categorized based on Material, Application and Region.

By Material, the Global Transparent Conductive Films Market has been segmented into indium tin oxide on glass, indium tin oxide on pet, silver nanowire, metal mesh, carbon nanotubes, and others.

Based on Application, the market has been categorized into smartphones, tablets, notebooks, LCD, wearable devices, and others. Smartphone and wearable devices are leading the application segment.

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