CMEPC: February 2021

Thursday 25 February 2021

Plastic-Coated Wires Market - Top Key Players, Size Analysis, Outlook and Forecast 2023

Overview:

Global Plastic-Coated Wires Market is set to touch USD 5,501.7 million by 2023, at a CAGR of 6.28% from 2018 to 2023 (forecast period), according to Market Research Future (MRFR).

The market for Plastic-Coated Wires is positively influenced by the combination of factors like the growing demand in power generation as well as telecommunication. Also, rapid urbanization and infrastructure spending along with the increase in transmission grid capacity is exhibited to bore well with the market for Plastic-Coated Wires in the coming years.

Apart from these factors, favorable government initiatives in the housing sector are striving to offer growth opportunities to the industry players. In addition, the elevating demand for efficient energy and data communication in tier-2 and tier-3 cities is set to give way to the market growth in the coming years. On the flip side, fluctuations in the prices of raw materials like synthetic polymers could be threaten the plastic-coated wires market growth. However, the restraining factor could be overcome by the production of bio-based or green plastic-coated wires.

Competitive Dashboard:

The Leading Companies mentioned in the Plastic-Coated Wires Market Report include Wire Works Friedr. Lötters GmbH & Co. KG (Germany), Gavitt Wire & Cable Company, Inc. (US), Von Roll Holding AG (Switzerland), Precision Wires (India), American Spring Wire Corporation (US), Carl Stahl Sava Ind. (US), BetafenceNV (Belgium), KTS Wire Ltd (UK), Loos &Co. Inc. (US), Bekaert (Belgium), Haver & Boecker OHG (Germany), Dr.-Ing. Meywald GmbH & Co. KG (Germany) among others. Mergers, alliances, along with ventures are strategical moves that are taken by players in order to gain a considerable share of the market.

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Segmentation Analysis:

By the Type of Coating, the Global Plastic-Coated Wires Market is segmented into polyvinyl chloride (PVC), polyethylene (PE), polyethylene terephthalate (PET), polyamide (PA), among others. Among these, the polyvinyl chloride (PVC) segment held the largest market share of 59.0% in 2017 and is expected to remain dominant throughout the forecast period with a market share of 59.3% in 2023. The growing need for affordable as well as high-performance PVC coating materials in wires is presumed to drive the demand during the review period. Close on its heels is the polyethylene (PE) segment which was the second-largest market with the share of 21.2% in 2017 and is deemed to clock in the highest CAGR of 7.02% during the review period. This growth can be credited to its lower cost compared to other types of coated wires. It can command a demand close to 1,213 kilotons by 2023.

Substrate-wise, the Plastic-Coated Wires Market has been segmented on the basis of rounded copper wires, rounded stainless-steel wires, rounded carbon wires, and others. The rounded copper wires segment accounted for the largest market share of 47.3% in 2017 and is expected to remain dominant during the forecast period with a projected market share of 49.3% in 2023. The rounded stainless-steel wires market accounted for the second-largest market share of 23.8% in 2017. It can generate revenue at 5.49% CAGR over the forecast period.

Based on Application, the Plastic-Coated Wires Market has been segmented into medical instruments, machine tools electrical appliances, and equipment, chain and brush, printing and paper, weaving wire, and others. The electrical appliances segment managed to accrue a 52.4% market share with a value of USD 2,009.5 million in 2017 and bound to reach USD 2,995.6 million by 2023. The segment growth is the result of the expanding e-commerce business as well as the elevation in the spending on consumer electronics. Going forward, the growth of the real estate sector coupled with the strong presence of retail stores that provide electronics and textiles have been profitable for the market. In addition, the growing use of plastic-coated wires for manufacturing automotive interiors wires is presumed to augment the product demand. Lastly, the growing need for lighter automobiles for improved fuel efficiency and the increasing production of hybrid and electric cars are slated to work in favor of the plastic-coated wires market.

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Regional Analysis:

Region-wise, the Plastic-Coated Wires Market covers Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. The market in Asia Pacific accounted for a 39.4% share whereas the region of Europe captured the market share of 29.7% among all the regions.

The market in Asia Pacific had reached the value of USD 1,512.7 million in 2017. The regional market is anticipated to reach the value of USD 2,304.7 million by the end of 2023. The reasons behind the tremendous expansion of the market in the region are the burgeoning population and the subsequent increasing rate of urbanization.

Whereas the market in Europe was worth USD 1,140.8 in 2017, with an estimated value of USD 1,543.3 by 2023. The market in the region is flourishing on account of the massive contribution of various countries such as United Kingdom, Germany, France among others. Other factors backing the strong growth of the market include evolving application requirements like artificial intelligence (AI) capabilities, long battery life, and biometrics.

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Wednesday 24 February 2021

Automotive Appearance Chemicals Market - Industry Share, Application, Demand and Forecast 2023

Automotive Appearance Chemicals are the substances that protect, maintain, and enhance aesthetics of vehicles, improving the gloss and durability of vehicles. Over the last decade, the Global Automotive Appearance Chemicals Market is growing continually, mainly due to the burgeoning automotive sector that is witnessing increasing unit sale. Moreover, factors such as the increasing demand for these chemicals in the manufacturing of passenger cars are escalating the market on global height.

Acknowledging the spurting growth of the market, Market Research Future (MRFR) in its recently published study report asserts that the Global Automotive Appearance Chemicals Market will garner exponential accruals by 2023 registering phenomenal CAGR throughout the review period (2018 to 2023). Evolving coating technology, overwhelming innovations, and the increasing adoption of this technology is a key driving force behind the growth of the market.

Additional factors that are boosting the growth of the market include the increasing popularity of the Automotive Appearance Chemicals for the aftermarket applications to prolong aesthetic appeals and high life expectancy of vehicles is fostering the market growth. Furthermore, the increase in the use of large volumes of these products by the automotive companies to distinguish their brand by improving shine and durability and also modifying sheeting effect, water beading potential, and feel is also driving the growth of the market.

Conversely, the volatility of prices and demand & supply gap in the raw materials required for the production of these substances are expected to impede the growth of the market. Nevertheless, efforts that key players operating in the market are investing in strengthening their supply chain would, in turn, support the market growth, tackling the raw materials scarcity situations.

Major Players:

Key players leading the Global Automotive Appearance Chemicals Market include The Dow Chemical Company (US), 3M (US), Meguiar’s (US), Malco Products Inc (US), Permatex (US), Terra Silikon Teknolojileri ve Kimya (Turkey), General Chemical Corp (US), Nuvite Chemical Compounds (US), and Blue Ribbon Inc (US) among others.

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Industry/Innovation/Related News

April 2, 2019 — Gold Eagle Co. (the US), maker of 303 Products, that is a premium line of auto detailing products designed to clean, shine, protect, and prolong the time in between waxes, or ceramic coatings announced its partnership with O’Reilly Auto Parts (the US), a leading retailer in the automotive aftermarket industry for the nationwide retailing of new 303® Touchless Sealant.

Gold Eagle’s new touchless Sealant is a water-activated wax alternative with hydrophobic technology that lasts up to two times longer than traditional wax and doesn’t require wiping or buffing. It takes more time to apply as compared to the lengthy traditional process of vehicle waxing, offering immediate results, as water beads on the paint to indicate the vehicle’s paint is protected.

Automotive Appearance Chemicals Market – Segmentation

For ease of understanding, the market is segmented into three key dynamics: –

By Product Type: Protectors, Sealants, Polishes & Waxes, and Glass & Wheel Care among others.

By Vehicle Type: Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles among others.

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

Automotive Appearance Chemicals Market – Competitive Analysis

Fiercely competitive, the Automotive Appearance Chemicals Market appears to be fragmented due to the presence of numerous matured & small-scale players. These players incorporate strategic initiatives such as partnership, acquisition, expansion, product & technology launch, and collaboration to gain an edge over their competitors. These players are developing their product portfolio focusing on advanced technologies.

The recent trend of developing customized these enhancing solutions is expected to drive the growth of the market, driving the competition further. Manufacturers developing tailor-made aesthetic products are expected to gain an edge over their rivals.

Browse Key Industry Insights spread across 140 pages with 35 market data tables & 12 figures & charts from the report, “Automotive Appearance Chemicals Market Information: By Product Type (Protectors, Polishes and Waxes, Sealants, Glass and Wheel Care), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/automotive-appearance-chemicals-market-7077

Automotive Appearance Chemicals Market – Regional Analysis

The European region, heading with the presence of a significant number of automotive manufacturers accounts for the dominating market in the Global Automotive Appearance Chemicals Market. Factors such as the huge uptake of these products in its flourishing automotive sector predominantly drive the growth of the market.Furthermore, factors such as the implementation of new regulations proposed by the government to follow lightweight and biocompatible resins in the automotive industry are acting as major tailwind propelling the growth of the regional market. Automotive Appearance Chemicals Market in Italy, Germany, France, and the UK led by the growing innovation and technological advancement majorly contribute to the growth of the regional market.

The Asia Pacific Automotive Appearance Chemicals Market accounts for the second-largest market, globally. Factors such as the rapidly augmenting demand especially in China, Japan, and India due to the burgeoning automotive industry in these countries drive the growth of the regional market.

The APAC has been witnessing robust growth in terms of production and sale of the passenger cars and commercial vehicles which as a result is fuelling the demand for Automotive Appearance Chemicals. Continuing with the same growth trends the APAC region is expected to register a phenomenal growth throughout the forecast period.

The North America Automotive Appearance Chemicals Market is rapidly emerging as a profitable market, globally. Factors such as the increase in sales of luxury cars and the rise in spending of the individuals for car care are propelling the growth of the regional market. Continuing with the same growth trends the Automotive Appearance Chemicals Market in the North American region would account for a substantial share in the global market.

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Water-Based Adhesive Market - Top Manufacturers, Industry Analysis and Forecast 2027

Market Segmentation:

According to MRFR analysis, the Global Water-Based Adhesives Market has been segmented by Resin Type, Application, and Region.

On the basis of Resin Type, the market has been segmented into polyvinyl acetate emulsion (PVA), acrylic polymer emulsion (PAE), vinyl acetate ethylene emulsion (VAE), styrene butadiene latex, polyurethane dispersion (PUD), vinyl acetate acrylates (VAA) and others. Acrylic polymer emuslion segment accounted for the largest market share in the global water-based adhesives market in 2017. These adhesives are heterogenous mixture consisting of dispersed liquid in aqueous phase and provides balance between shear, stack and peel of the bond. It is widely used in packaging materials like paper bags, tapes, labels, automotive upholstery and leather binding. Growing demand for packaging application due to increase in trading activities is expected to propel demand for acrylic polymer emulsion, which in turn, driving the demand for Water-Based Adhesives Market. Moreover, increasing in number of educational centers and institutions in emerging economies has contributed to rise in bookbinding, carton, labels and paperboard decals are expected to offer a bolstering opportunity for the manufacturers of water-based adhesives.

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Based on Applications, the market has been segmented into paper & packaging, tapes & labels, building & construction, automotive, woodworking and others. Paper & packaging segment accounted for the largest market share in the global market owing to the increasing demand for lightweight packaging materials in industries like FMCG, pharmaceuticals, and food & beverages. Increasing in disposable income and high demand for consumer goods are expected to drive the market growth. Tapes & labels are expected to witnessed moderate growth rate during the forecast period. Tapes & labels are prominently used in packaging of electronic devices, medical equipment’s, drug delivery system and industrial goods. Thus, increase in demand for flexible packaging is likely to offer numerous opportunities for end use customers in the Global Water-Based Adhesive Market.

Competitive Analysis:

Some of the key players in the Global Water-Based Adhesive Market are Henkel AG & Company, KGaA (Germany), Arkema (France), Sika AG (Switzerland), H.B. Fuller Company (US), DowDupont (US), 3M (US), DIC Corporation (Japan), Ashland Inc. (US), Akzo Nobel N.V. (Netherlands), and PPG Industries, Inc. (US) among others.

Regional Analysis:

Asia-Pacific accounted for largest market share owing to growing infrastructure activities and rise in automotive production in emerging countries such as India, Malaysia, Thailand, and Indonesia. Increasing demand for paper packaging materials along with increasing disposable income are expected to drive the demand for water-based adhesives over the assessment period.

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The high demand from major end-use industries such as paper & packaging, building & construction, automotive, and woodworking is driving the demand for water-based adhesives in the North American and European region. However, the declining sales of print media owing to digital marketing is likely to decline the demand for water-based adhesives.

The Middle East & Africa is driving the Global Water-Based Adhesives Market owing to the presence of infrastructural hubs present in the region.

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Humic Acid Market - Share, Growth, Top Company, Application, Trends and Forecast 2023

Market Insights:

Humus is a natural, organic compost which is formed from plant and animal matter decay. Highly rich in nutrients, Humic Acid is an important component of humus which unlike its name is actually alkaline in nature. Increasing organic farming practices have encouraged substantial growth of the Global Humic Acid Market. Market Research Future has studied and consolidated every pertinent detail of the Global Humic Acid Market in its latest report. In 2017, the Global Humic Acid Market was valued at USD 484.77 Mn, and the report's findings indicate the growth of the market at a CAGR of 12.42% during the forecast period.

The global population is continuously expanding and has resulted in a dramatic increase in demand for food. To increase crop yield, soil health and other factors beneficial to long-term farming, the agriculture culture is increasing the use of organic matter such as Humic Acid. Chemical pesticides and fertilizers have ill effects on the crop yield and soil health in the long-run and often result in soil positioning. Due to this farmer are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications.

In agricultural applications, the inconsistent quality of humic products may hinder the growth of the Global Humic Acid Market. Moreover, improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of humic acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth.

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Key Players:

MRFR has meticulously tracked the competition in the market to identify prominent market players present in the market. Market players included in the report are Humintech GmbH, Arihant Bio Fertichem Pvt. Ltd, Jiloca Industrial SA, Biolchim SpA, Minerals Technologies Inc, Shandong Chuangxin Humic Acid Technology Co. Ltd., Humic Growth Solutions Inc, Black Earth Humic, Saint Humic Acid, and Sikko Industries Limited. The growth strategies employed by these competitors have also been included in the report.

Market Segmentation

The key segment which makes up the Humic Acid Market in MRFR's report is based on applications of Humic Acid. By application, the Humic Acid Market has been segmented to include animal feed, dietary supplements, pharmaceuticals, agriculture, ecological bioremediation, and others. Of these applications, the animal feed, dietary supplements and agriculture segments are among the top three with considerable growth predicted for the forecast period. The agriculture segment is expected to witness the highest growth and maintain a leadership position in the market due to the growing demand for organically farmed produce.

Regional Analysis

Global Humic Acid Market has been segmented into major regions which include North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Among these, the North American Humic Acid Market has captured a majority share of 40%. The presence of U.S and Canada which have a consumer-centric economy has been a key factor driving growth. With increasing health consciousness and growing awareness regarding harmful farming practices, consumers are placing a high demand for organic fresh produce, thus driving the demand for Humic Acid. Moreover, the high disposable incomes in the area are supporting the growth of organic farming which is ultimately beneficial for the Humic Acid Market. The European market, which has a somewhat similar consumption pattern as the North American market holds the second largest share of the market. The region also has a high export of milk and dairy products as many countries in the European continent are famous for their dairy products such as cheese and butter. The increasing use of Humic Acid in animal feed to encourage a healthy increase in milk production is expected to drive the European market.

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The regional market growing at the fastest pace is the Asia Pacific Humic Acid Market. Accounting for 19% of the global market share, the Asia Pacific market is registered to grow at a CAGR of 13.71% during the assessment period. The region has a strong presence of emerging economies which have a strong agricultural component. Moreover, rapid urbanization, industrialization and ongoing growth of the region's population have resulted in the use of Humic Acid to increase crop yields. The growing urban population with its increased awareness regarding organic produce and rising disposable incomes are expected to impact the Humic Acid Market in a positive manner. Other regions in the market, i.e., the Middle East & Africa and Latin America, have significant agricultural activities which support the Humic Acid Market.

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Butyl Rubber Market - Industry Size, Share, Growth, Analysis and Forecast 2023

Market Overview:

Butyl Rubber is one of the essential products for tire manufacturing companies as it is quite durable and efficient for the purpose. Many key players are taking up this rubber material to make sure that they produce quality products for the business. Moreover, counting on the benefits, the Butyl Rubber Market tires have better retention ability for inflation pressure that makes it feasible for application onto personal as well as commercial vehicles. The automotive sector believes that using Butyl Rubber can help give a gradual hike to their business.

As compared to the previous forecast period, the demand for the Butyl Rubber is high in the current scenario. Various automobile companies are making use of it to ensure that their vehicles run with fewer maintenance needs on the tire aspects. The application of this rubber is not limited just to automobile sectors but is also advancing to serve its purpose to aeronautics, construction, pharmaceuticals, and other such industries. Most of the industrial applications are putting their trust in Butyl Rubber for durability and endurance.

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The report states the overall market growth of the industry on positive aspects. It also highlights the key market segmentation in different aspects. Along with that, it also puts focus on the regional classification to put light on the fact that which industries are performing well under this Butyl Rubber Market. The market size of the Global Butyl Rubber Industry was large in the previous forecast period, which is expected to grow up to 5916.6 million USD by the end of the year 2023. The CAGR is also expected to rise gradually.

Industry News:

The major automotive companies who are manufacturing passenger vehicles and commercial vehicles are planning on improving the use of Butyl Rubber as standard tire material for all vehicles without worrying about the cost-cutting plans to make it affordable. Standard use of it will ensure more safety and less maintenance.

Market Segmentation:

Based on the Type Classification, Global Butyl Rubber Market is classified into the different types of rubber manufacturing. Some of such types are chlorobutyl, Bromo butyl, and intoregular Butyl.

Based on the Application Classification, Global Butyl Rubber Market is used for a wide range of applications such as Adhesive and Sealants, Tires & Tubes, Pharmaceuticals, Industrial Gloves, Medical Gloves, and other such uses.

Based on the End-User Segmentation, Global Butyl Rubber Market has a targeted customer base for which the production takes place. Some of the end-users of the Global Butyl Rubber Market are Production Process Industries, Raw Material Suppliers, Butyl Rubber manufacturers, and others.

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Regional Classification:

On the basis of Regional Classification, Global Butyl Rubber Market is widely spread across various regions of the world. The regions include North America, Asia Pacific, Europe, Latin America, Middle East, and others. North America is considered to have generated the highest revenue in the previous forecast period and is expected to grow even higher in the current forecast period. The key players around these regions are giving in their collective effort to improve the revenue generation of this Global Butyl Rubber Market.

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Tuesday 23 February 2021

Metal Foam Market - Industry Size, Analysis, Trends, Growth and Forecast 2023

Competitive Analysis:

Some of the key players operating in the Global Metal Foam Market are Havel metal foam (Germany), Alantum Corporation (South Korea), Admatis Ltd. (Hungary), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Hunan Ted New Material Co., Ltd. (China), Shanghai Zhonghui Foam Aluminum Co. Ltd. (China), American Elements (US), ERG Aerospace Corp. (US), Cymat Technologies Ltd. (Canada), Aluinvent Zrt. (Hungary), and Mayser GmbH & Co. KG (Germany).

Market Overview:

Metal foams are lightweight materials with structured cellular composition and are manufactured by bubbling air in molten metal’s, such as aluminum and magnesium. They are non-toxic in nature and can be easily recycled. The product offers high stiffness, excellent thermal properties, high compression strength, and superior performance to respective metals.~

Market Segmentation:

Global Metal Foam Market has been classified based on Material, Product, Application, End-Use Industry and Region.

By Material, Global Metal Foam Market is segmented into aluminum, nickel, copper, magnesium, zinc, steel, and others. The aluminum segment dominated the Global Metal Foam Market and is expected to grow at a robust CAGR owing to its superior thermal and electrical conductivity, easy availability and recyclability, low cost, and corrosion resistance. It finds widespread application in automotive and transportation industries.

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Based on Product, Global Metal Foam Market has been categorized into closed cell metal foam, open cell metal foam, composites, stochastic and regular foams, and others. Under these segments, the closed cell metal foams segment accounted for the largest Market share in 2017 owing to the superior impact-absorption, easily recyclable, and high resistance to fire of closed cell metal foams. They are used in load-bearing structures in construction industries. The open cell metal foams segment is expected to register a high CAGR during the forecast period due to its superior sound and vibration absorption characteristics.

On the Basis of Application, Global Metal Foam Market has been divided into heat exchangers, sound absorbers, anti-intrusion bars, energy absorbers, side impact bars, and others. The energy absorbers segment held the largest Market share in 2017 and is projected grow at the highest CAGR owing to excellent heat, sound, and impact absorption properties. Additionally, it has widespread applications in crash absorption and blast mitigation in the automotive industry.

By End-Use Industry, Global Metal Foam Market has been segmented into automotive, construction and infrastructure, aerospace and defense, marine, bio-medical, railway, consumer goods, and others. The automotive industry segment accounted for the largest share in 2017 and is expected to grow at a significant CAGR during the assessment period owing to the widespread applications in manufacturing lightweight components, such as anti-intrusion bars and bumpers. The aerospace and defense industry held substantial Market share owing to lightweight aluminum foam components, which exhibit design flexibility and increased efficiency.

Browse Key Industry Insights spread across 140 pages with 59 market data tables & 14 figures & charts from the report, “Metal Foam Market Information: By Material (Aluminum, Copper, Nickel, Zinc), Product (Closed Cell Metal Foam), Application (Heat Exchangers, Energy Absorbers), End-use Industry (Automotive, Bio-Medical, Marine) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/metal-foam-market-7051

Regional Analysis:

Global Metal Foam Market is studied for five major regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific Market accounted for the largest share in 2017 owing to the increasing demand for product in passenger cars, the growing automotive industry, and rapid infrastructure development. In 2017, China was the leading country in the region owing to rising urbanization and surging demand for the product in passenger vehicles and energy absorbers. Japan, South Korea, India, and Australia & New Zealand are other prominent countries contributing to the regional Market growth. The North American Market is expected to be the fastest growing in the following years owing to the increasing government investments, rising focus on research and development facilities, and growing customer preference for electric powered vehicles. The US is the leading country in the region due to the key manufacturing company in the region such as American Elements and ERG Aerospace Corp.

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Aluminum Castings Market - Key Player Profile, Outlook, Size, Share, Growth, Trends, Demand and Analysis 2023

Market Segmentation:

Division of the market into its various vital parts has been performed in the segmental analysis of the report on the basis of Process, End-Use Industry and Region. Processes used in Aluminum Casting has been segmented into die casting, sand casting, and permanent mold casting. Due to its durable and cost-effective nature, die casting is the most significant segment under process and possesses the largest market share. Additionally, die casting is ideal for a large volume of production.

End-use industries where Aluminum Casting is used include building & construction, transportation, industrial, and others. The transportation segment captured the largest share of the market, while the building & construction segment is projected to witness the highest CAGR during the forecast period.

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Key Players:

Endurance Technologies, Rio Tinto, Kaiser Aluminum, Aluminum Corporation of China Limited, Ryobi Limited, Alcast Technologies Ltd., Arconic Inc., Nemak S.A.B. de C.V., Rockman Industries Ltd., Gibbs Die Casting Corp, Dynacast Charlotte, Alcoa Corporation, and Martinrea Honsel are some market players of importance participating the competitive landscape of the Global Aluminum Casting Market.

Regional Analysis:

The North American Aluminum Castings Market has been observed to have captured the largest share of the market. North America is a largely well-developed region with several economically strong countries such as U.S and Canada where there are comparatively high disposable incomes. Moreover, most consumers prefer private vehicles over the use of public transport, and as such, there is a high demand for automobiles in the region. Moreover, the highly urban region also has a high demand and sales of consumer appliances making the region especially significant in the Global Aluminum Castings Market. However, the Asia Pacific is expected to cover significant ground in terms of capturing market share, as it is growing at the highest CAGR. The region has several important emerging economies that have successfully established themselves as a manufacturing hub for automotive and consumer appliances. Countries such as India, China, South Korea, and Japan are among the key country-level markets where increasing economic growth, combined with rapid urbanization, industrialization and a rise in disposable income is expected to boost demand for consumer electronics, automotive vehicles, and construction activities.

Market Insights:

Aluminum is among the most commonly used non-ferrous metals and has an immense range of applications in transportation, packaging, and a number of other consumer goods. The metal has low density, is easy to work with and is highly durable as well as corrosion resistant. Casting is used to form shapes and various other designs for the manufacturing of a number of items. The Global Aluminum Castings Market is poised to witness market appreciation at a CAGR of 7.56% during the review period ranging from 2017 to 2023. Market Research Future’s latest report covers important ground in reference to the Global Aluminum Castings Market and has recorded a revenue of USD 59.6 Bn in 2016. At the above-mentioned growth rate, the market is on track to generate a revenue of USD 92.8 Bn by the end of 2023.

Browse Key Industry Insights spread across 100 pages with 35 market data tables & figures & charts from the report, “Aluminum Castings Market Information: By End-Use Industry (Building & construction, Industrial, Transportation, Others), Process (Die Casting, Sand Casting, Permanent Mold Casting) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/aluminum-castings-market-6719

Aluminum has several key uses in automobile parts as well as in consumer appliances. Aluminum casting products are used most commonly in the production of pistons, engine parts and several other important parts in automobiles. The automotive sector is growing at a rapid pace due to urbanization and the increase in disposable income has gone a long way in supporting the astounding growth of the automotive industry. Several small consumer appliances also make intensive use of Aluminum Castings. Urbanization has been found to be responsible for the growing demand for consumer appliances, which is likely to impact the Aluminum Castings Market in a positive manner. Aluminum is also an important structural metal which has extensive uses in building & construction activities. Demand for Aluminum Castings in the construction sector is likely to grow due to similar reasons as increased demand for aluminum in automotive applications. Additionally, due to its low density, aluminum is a lightweight metal which is witnessing increased preference in the production of military-grade weapons systems. Increasing investments from the military toward the development of the same is expected to be a significant driver of the market.

Restraints of the market include the adoption of magnesium alloys to substitute aluminum alloys. Magnesium has been observed to have a lower density than aluminum and has displayed higher strength in various similar applications.

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Metal Roofing Market - Key Player Profile, Size, Share, Growth, Trends, Demand, Analysis and Regional Outlook 2023

Overview:

Metal Roofing is a better alternative to conventional roofing methods because it is highly durable, strong against weather conditions, long life, and other factors. The growing demands for better construction alternatives, rising disposable incomes, and increasing urbanization are some of the major factors driving the market. During the survey period, the Global Metal Roofing Market is projected to touch a 05 % annual growth mark after observing the current market trends.

Metal Roofing methods use steel, zinc, and copper alloys, which have high overall properties. The surge in industrial and commercial construction activities globally is responsible for the seamless growth in this market.Metal Roofing materials are lightweight, which make its use easy and enhances total integrity. Apart from the traditional roofing solutions, metal roofing is a long-lasting product, which needs service from time to time to maintain its properties for lifetime good results.

Also, the demand for eco-friendly and recyclable materials is increasing globally, which is another factor driving the market due to its high recycling properties. The rising demands for metal roofing have pushed the market players to expand their production capacities for the effective and sufficient supplies, which is helping the market in developing and generating great revenues.The Global Metal Roofing Market is gaining a response from around the globe, but its high costing and need for service from time to time are the major factors restraining its growth rates.

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Recent Industry News:

Global Metal Roofing Market has overtaken the traditional roofing solutions, but it is still trying to fight against the negative features like high costing and need for timely maintenance. The Asia Pacific region is the market with endless opportunities, which makes it the largest market and shall stay the top in this period.

Metal Roofing Market Segments:

Global Metal Roofing Market is segmented into three parts mentioned below:

Types: Plain panels, metal times, corrugated panels, standing seam roofing, and other types of products are available.

Types of Metals: Copper, steel, zinc tin, aluminum, and other metals are used for making metal roofing.

End-Users: Metal roofing is used in commercial, residential, and industrial construction.

Regional Outline:

Asia Pacific, America, Europe, and The Middle East & Africa are the regions observed for the Global Metal Roofing Market.

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Based on the current market trends, the Asia Pacific market is leading the market. It will lead the herd due to the vast population, increasing industrial activities, increasing urbanization, rise in disposable incomes, and other factors. Rapidly developing economies like India and China are the major contributors to this market.

The next biggest market is the American region with North America, the primary stakeholder due to increasing construction & renovation activities, demands for high-quality products, and other reasons.

The European region has reached the third place due to demands for better alternative products, growing awareness, and other reasons.

The rest of the regions are still showing the sluggish growth rates due to weaker economic structures and high costs of Metal Roofing.

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Polypropylene Catalyst Market - Overview, Trends, Analysis, Growth, Price, Demand and Forecast 2023

Competitive Analysis:

The Key Players in the Global Polypropylene Catalyst Market are LyondellBasell Industries Holdings BV (Netherlands), Clariant (Switzerland), Mitsui Chemicals, Inc. (Japan), China Petrochemical Corporation (China), Japan Polypropylene Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Reliance Industries Limited (India), SABIC (Saudi Arabia), Univation Technologies, LLC (US), and W.R. Grace & Co.-Conn (US).

Market Overview:

Polypropylene Catalysts are used to obtain different types of polypropylene based on stereospecificity, C-monomer distribution, and degree of linearity. The demand of high-grade polypropylene is increasing in the automotive industry due to the need of improved thickness, toughness, and other essential characteristics.

Polypropylene Catalysts are categorized into Ziegler–Natta (ZN) catalyst, metallocene catalyst, and others. On the basis of Product Type, the Ziegler–Natta segment is expected to be the largest market during the forecast period due to the good morphology control and profitability offered by these types of catalysts. Metallocenes, are costly but they produce high-grade, stereospecific polypropylene and a highly defined microstructure. Owing to the relatively low cost and easy controlled production of polypropylene, the Ziegler-Natta segment is projected to be the largest and fastest-growing Polypropylene Catalyst Market during the forecast period.

On the basis of Manufacturing Process, Global Polypropylene Catalyst Market has been categorized as gas-phase process, bulk phase process, and others. The gas-phase process segment is projected to be the largest and fastest-growing market owing to the cost-effectiveness of the process and the purity of polypropylene produced with minimal residue.

By Application, Global Polypropylene Catalyst Market has been segmented into films, fibers, tubes, injection-molded products, and others. The injection-molded products segment is expected to be the largest during the forecast period as these products are widely used in vials and suture materials for surgery and in automotive interiors. Due to the growth of the medical and automotive industries, the injection-molded products segment is projected to be the largest market during the review period.

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Based on End-Use Industry, Global Polypropylene Catalyst Market has been segregated into automotive, packaging, medical, chemicals, and others. Automotive industry is expected to be the largest and fastest growing market during the forecast period owing to the profitability, and its resistance to aggressive chemicals and moisture. Polypropylene Catalysts is largely used in the production of automotive components such as bumper facias, instrument panels, and door panels. Rapid industrialization and increasing demand for automobiles are the major drivers for the Global Polypropylene Catalyst Market.

Market Segmentation:

Global Polypropylene Catalyst Market has been segregated based on Product Type, Manufacturing Process, Application, End-Use Industry, and Region.

On the basis of Product Type, Global Polypropylene Catalyst Market has been categorized as Ziegler-Natta catalyst, metallocene catalyst, and others.

Based on Manufacturing Process, Global Polypropylene Catalyst Market has been divided into bulk process, gas-phase process, and others.

By Application, Global Polypropylene Catalyst Market has been classified as films, fibers, tubes, injection-molded products, and others.

Based on End-Use Industry, Global Polypropylene Catalyst Market has been segmented into automotive, packaging, medical, chemicals, and others.

Global Polypropylene Catalyst Market has been studied across five regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Regional Analysis:

Global Polypropylene Catalyst Market has been analyzed with respect to five regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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The North American Polypropylene Catalyst Market is projected to be the largest during the forecast period owing to increasing product demand in the automotive industry. The US is expected to be the leading market in the region due to the presence of major Polypropylene Catalyst Manufacturers such as Univation Technologies, LLC and W.R. Grace & Co.-Conn.

The market in Asia-Pacific is estimated to register the highest CAGR during the assessment period owing to the rising demand in end-use industries such as chemicals, packaging, automotive, and medical. Low labor costs, increasing per capita income, and easy raw material availability are the major drivers for the growth of the regional Polypropylene Catalyst Market. China accounted for the largest market share in 2017 due to the increased production of automotive and medical equipment.

The Latin American market is projected to witness sluggish growth owing to the limited demand for Polypropylene Catalysts. The market in the Middle East & Africa is expected to grow at a moderate pace in the coming years due to rising polypropylene production with Egypt accounting for the largest share of the regional market.

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Silanes and Silicones Market - Overview, Size, Share, Trends, Analysis, Growth, Demand and Forecast 2023

Market Research Future (MRFR) has revealed in its latest study that the Global Silanes and Silicones Market is set to expand at a CAGR of 5.93% during the forecast period 2018 to 2023. The valuation of the market is poised to reach USD 22,403 Mn by 2023-end up from USD 15,945.2 Mn in 2017. Silanes and Silicones have developed applications across different industry verticals. Out of all the end-user industry verticals, building & construction industry plays a significant role in driving the demand for Silanes and Silicones. The increasing demand for paints & coatings, and waterproofing & flame-resistant materials is expected to catalyze the market expansion.

The rapid urbanization and industrialization witnessed in the Asia Pacific, and Latin America are expected to intensify the competitive landscape of the market. The factors favoring the increase in demand in the Asia Pacific include low land & labor cost, the thriving consumer electronics industry, competitive operational cost, etc. Additionally, the shift towards eco-friendly water-based coatings has opened new avenues of growth and innovation opportunities for the market players.

The rising demand for Silanes and Silicones from the automotive industry as well as the renewable energy industry are prognosticated to augment the market over the projection period. The widening range of application in solar power generation has paved the way for market proliferation. However, the stringent enforcements regulating the utilization of silicones in the cosmetic industry is projected to hold the expansion of the market in the forthcoming years.

Global Market for Silanes and Silicones- Competitive Dashboard:

The Key Players profiled in MRFR's report include Gelest, Inc., Schill+Seilacher "Struktol" GmbH, PCC SE, Shin-Etsu Chemical Co., Ltd., Momentive Performance Materials, Inc., CHT Group, DowDuPont, Evonik Industries AG, Wacker Chemie AG, and SiVance, LLC.

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Global Market for Silanes and Silicones- Segmental Analysis:

MRFR's report offers a detailed segmental analysis of the market based on type, Silane Application, and Silicone Application.

By Type, the global market has been segmented into silanes and silicones. The silanes segment is further sub-segmented into mono/chloro silane, Amino silane, alkyl silane, vinyl silane, sulfur silane, epoxy silane, methacryloxy silane, and others. The mono/chloro silane segment accounts for the largest share of the market currently and accounts for 27.4% of the market revenue. The increasing demand from the semiconductors industry is likely to drive the growth of the segment over the forecast period.

By Silane Application, the market is segmented into paints & coatings, rubber & plastics, adhesives & sealants, fiber treatment, and others. The paints & coatings segment accounted for 31.3% of the market share and was valued at USD 4,985.1 Mn in 2017. The segment is estimated to reach a valuation over USD 7000 Mn by the end of the projection period. The growth of the segment is attributable to the strong value maintained by the buildings and construction sector.

By Silicone Application, the market has been segmented into construction materials, transportation, industrial processes, consumer care, electronics, healthcare, energy, and others. The construction materials segment is projected to expand at a CAGR of over 7% during the assessment period. The growth can be ascribed to the thriving residential and construction industry coupled with rising demand for waterproofing and flame-resistant materials.

Browse Key Industry Insights spread across 246 pages with 344 market data tables & 24 figures & charts from the report, “Silanes and Silicones Market Information: By Type, Silane Application, Silicone Application and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/silanes-and-silicones-market-6468

Regional Outlook:

By Region, the global market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the largest market for Silanes and Silicones and accounted for 40.56% of the global market share in 2017. The regional market is projected to expand at the highest CAGR during the assessment period.

North America holds the second spot in the Global Silanes and Silicones Market. The regional market is expected to witness a growth of USD 1358.5 Mn in terms of market revenue from 2017 to 2023. The expansion of the silicones segment is anticipated to catalyze the growth of the market in the region.

Europe is an important growth pocket and is prognosticated to register the second highest CAGR of 6% over 2023. Led by Germany, the region is poised to witness a surge in demand from the paints & coatings industry through the review period.

Latin America is forecasted to exhibit growth over the next few years. The increasing demand for construction materials and paints & coatings is anticipated to catapult the regional market on an upward trajectory in the foreseeable future. Meanwhile, the Middle East & Africa is set to show a healthy rate of market expansion owing to the boom witnessed in the construction sector.

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Polyolefin Elastomers Market - Global Production, Growth, Share, Demand and Applications Forecast 2023

Polyolefin Elastomers Market Overview:

The MRFR report concludes that the Global Polyolefin Elastomers Market is expected to witness a considerable CAGR through the forecast period owing to various factors, as listed in the Market Research Future's (MRFR) report. One of the significant factors causative of the ascension of the Polyolefin Elastomers Market is the augmentation of its applications in adhesives, footwear foams, as well as, molded rubber goods. Proliferated demand for Polyolefin Elastomers as an important component in the production of pipes, packaging, wires & cables is also anticipated to drive the global market exponentially.

Polyolefin Elastomers are produced using the copolymerization of ethylene along with different monomers like propylene, hexene, butene, and octene. POE has low density and good elasticity. Polyolefin Elastomers can be referred to as a new class of polymers which are developed owing to the advancements in metallocene polymerization catalysts. Polyolefin Elastomers offer superior UV resistance, thermal stability, toughness, along with low-temperature ductility.

Key Players:

The Global Polyolefin Elastomers Market boasts a presence of many noteworthy players including DowDuPont (US), the Dow Chemical Company (US), Exxon Mobil Corporation (US), Mitsui Chemicals, Inc. (Japan), LG Chem (South Korea), Mitsubishi Chemical Holding Corporation (Japan), Polmann India Ltd (India), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (Netherlands), RTP Company (US), and PolyOne Corporation (US).

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Industry Update:

June 2019: ExxonMobil Chemical Co. announced its plan to add a new line that will produce around 400,000 metric tons of its special elastomer. This addition will be done at its Baytown Texas complex. This project is a part of a USD 2 billion expansion project in Baytown that will maximize the value of the increased production from Permian shale oil basin, according to the May news release of the said company.

Market Segmentation:

Global Polyolefin Elastomers Market is segmented by Type, Manufacturing Method, Application, End-Use Industry and Region.

Based on Type, Global POE Market is segmented into polyethylene, ethylene propylene diene monomer, and polypropylene. The polypropylene segment is estimated to dominate the Global POE Market during the forecast period, owing to lower cost, good mechanical and thermal stability, secure processing, chemical resistance, and melt rheological behavior.

Based on the Manufacturing Method, Global Polyolefin Elastomers Market is segmented into injection method, extrusion molding, cast & blown film extrusion, foam and calendaring, and blow molding.

Based on Application, Global Polyolefin Elastomers Market is segmented into adhesives, wires & cables, automotive interiors, films, molded rubber goods, and medical equipment. The automotive segment is likely to dominate the Global Polyolefin Elastomers Market owing to the elevated product use in automotive panels, airbags, adhesives, bumpers, and automotive interior and exterior components.

Browse Key Industry Insights spread across 100 pages with 56 market data tables & 18 figures & charts from the report, “Polyolefin Elastomers Market Information: By Type (Polyethylene, Polypropylene), Manufacturing Method (Injection Molding, Extrusion Molding), Application (Adhesives, Films), End-Use Industry (Automotive, Consumer Goods) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/polyolefin-elastomers-market-6396

Detailed Regional Analysis:

Global Polyolefin Elastomers Market is studied for the regional segments of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. In the base year, the APAC region accounted for the largest share in the Global Polyolefin Elastomers Market. It is also expected to register substantial growth during the review period owing to the surging demand in molded rubber goods. A surge noticed in the automotive sector is anticipated to contribute to the growth in the Regional Polyolefin Elastomers Market over the assessment period. China is expected to lead the country-specific market for Polyolefin Elastomers Market owing to the large scale production of automobiles in the country.

The US is expected to dominate the country-specific market in North America as it did at the beginning of the forecast period. Globally, the U.S. is the second largest producer of automobiles, following China. In Latin America, countries like Latin America, Mexico, and Argentina are projected to be the leading country-specific markets in the region. This can be owed to the widespread use of POE in the healthcare and packaging industries residing in the region. Increasing demand for Polyolefin Elastomers in the footwear and packaging industries in Europe is likely to drive significant growth in the region during the conjecture period. Germany, the UK, Italy, and France are anticipated to lead the country-specific markets in the region during the forecast period. The Middle East & Africa is projected to showcase sluggish growth for Polyolefin Elastomers Market during the review period ending in 2023.

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