Advanced materials usually outperforms other conventional materials with their superior properties such as toughness, hardness, durability and elasticity. The development of advanced materials has lead to the design of completely new products from wa ....see more
The electric vehicle insulation market is expected to grow from USD 1.3 billion in 2019 to USD 4.2 billion by 2024, at a compound annual growth rate (CAGR) of 26.7% during the forecast period.The key market players profiled in the report include as BASF SE (Germany), 3M (US), Morgan Advanced Materials (UK), DuPont (US), Zotefoams plc (UK), Unifrax (US), Saint-Gobain (France), Von Roll Holding AG (Switzerland), Autoneum (Switzerland), Alder Pelzer Holding GmbH (Germany), Elmelin Ltd. (UK), Pyrophobic Systems Ltd. (Canada), Techman Advanced Material Engineers (UK), and Marian Inc. (US).
The flat steel market is expected to grow from USD 434.8 billion in 2019 to USD 580.2 billion by 2024, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.ArcelorMittal (Luxembourg), Nippon Steel & Sumitomo Metal Corporation (Japan), Tata Steel (India), POSCO (South Korea), China Baowu Steel Group Corporation Limited (China), Shougang Group Co., Ltd., (China), SSAB AB (Sweden), JFE Steel Corporation (Japan), HBIS Group (China), ThyssenKrupp AG (Germany), and Voestalpine Group (Austria) are some of the major players in the flat steel market. These players have been focusing on strategies such as expansions, acquisitions, new product launches, contracts, and collaborations that help them expand their businesses in untapped and potential markets. They have been adopting various organic and inorganic growth strategies to enhance their position in the flat steel market.
The polymer coated fabrics market size is expected to grow USD 20.1 billion by 2024, at a CAGR of 4.3% during the forecasting period. The key market players profiled in the report include Continental AG (Germany), Spradling International Inc. (US), Seaman Corporation (US), Saint-Gobain SA (France), Trelleborg AB (Sweden), Sioen Industries NV (Belgium), Serge Ferrari Group (France), Low & Bonar Plc (UK), and OMNOVO Solutions Inc. (US).
The Medical Plastics Market is expected to grow from USD 22.8 billion in 2019 to USD 31.7 billion by 2024, at a compound annual growth rate (CAGR) of 6.8%. during the forecast period.SABIC (Saudi Arabia), BASF (Germany), Celanese (US), Evonik (Germany), Solvay (Belgium), and Covestro (Germany) are some of the leading market players. New product launch, agreement & collaboration, investment & expansion, and merger & acquisition were the major growth strategies adopted by the market players between 2017 and 2019 to enhance their regional presence and meet the growing demand for medical plastics in the emerging economies.
The ePTFE market is expected to grow from USD 816 million in 2019 to USD 1,105 million by 2024, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.W.L. Gore & Associates, Inc. (US), Donaldson Company, Inc. (US), Teadit (Austria) Zeus Industrial Products, Inc. (US), Dexmet Corporation (US), Phillips Scientific, Inc. (US), Rogers Corporation (US), Poly Fluoro Ltd (India), Markel Corporation (US), Shanghai Lanle Plastics Co., Ltd (China), are the key players operating in the ePTFE market.
The paint protection films market is expected to grow from USD 242 million in 2019 to USD 341 million by 2024, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.Key players in the paint protection films market are 3M Company (US), XPEL, Inc. (US), Eastman Performance Films, LLC (US), and Hexis S.A. (France), and 20 others are considered for the study.
The aerospace foams market is expected to grow from USD 4.4 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.BASF SE (Germany), Evonik Industries AG (Germany), Boyd Corporation (US), Rogers Corporation (US), FoamPartner (Switzerland), Armacell International S.A. (Luxembourg), SABIC (Saudi Arabia), ERG Materials and Aerospace Corp (US), UFP Technologies, Inc. (US), Zotefoams Plc (UK), General Plastics Manufacturing Company (US), Solvay SA (Belgium), Pyrotek Inc. (US), and Greiner AG (Austria) are some of the leading players operating in the aerospace foams industry. These players have adopted the strategies of expansions, acquisitions, new product launches, investments, new technology developments, partnerships, mergers, collaborations, and agreements to enhance their position in the market.
The geotextile tubes market is expected to grow from USD 2.1 billion in 2019 to USD 3.3 billion by 2024, at a compound annual growth rate (CAGR) of 10.0% during the forecast period.Some of the leading players in the global geotextile tubes market include Ace Geosynthetics (Taiwan), Officine Maccaferri (Italy), Low & Bonar (UK), Flexituff Ventures International Limited (India), TechFab India Industries Ltd (India), Geofabrics Australasia Pty Ltd (Australia), Koninklijke TenCate (Netherlands), NAUE GmbH & Co. KG (Germany), Huesker (Germany), Fibertex Nonwovens (Denmark), among various others
The PVB interlayers market size is projected to grow USD 4.4 billion by 2024, at a compound annual growth rate (CAGR) of 7.3%, during the forecast period. The leading players in the PVB interlayers market are Eastman Chemical Company (US), Kuraray (Germany), Sekisui Chemicals (Japan), Everlam (Belgium), Genau Manufacturing Company (India), KB PVB (China), Chang Chun Group (China), DuLite (China), Huakai Plastic (China), Willing Lamiglass Materials (China), Jiangsu Darui Hengte Technology (China), and Tiantai Kanglai Industrial (China).
The LTCC Market and HTCC Market is expected to grow from USD 916 million in 2019 to USD 1.1 billion by 2024, at a CAGR of 4.5% during the forecast period. Some of the prominent players in the LTCC market and HTCC market are KYOCERA Corporation (Japan), DowDuPont Inc. (US), Murata Manufacturing Co., Ltd. (Japan), KOA Corporation (Japan), TDK Corporation (Japan), Hitachi Metals, Ltd. (Japan), Yokowo Co., Ltd. (Japan), NGK SPARK PLUG CO., LTD. (Japan), MARUWA Co., Ltd. (Japan), Micro Systems Technologies (Switzerland), and NIKKO COMPANY (Japan). The strategies undertaken by these players include partnerships, new product developments, and acquisition.
The market size of silicon nitride is projected to grow from USD 90 million in 2018 to USD 127 million by 2023, at a CAGR of 7.2% during the forecast period. Silicon nitride (Si3N4) is an inorganic, non-metallic compound of silicon and nitrogen. It is used as a ceramic material. It offers excellent resistance against abrasion, corrosion, and most chemicals. Among the advanced ceramics, silicon nitride has the highest fracture resistance than other advanced ceramic. Hence, these desirable properties make silicon nitride a suitable material for use in end-use industries such as solar photovoltaic, automotive, general industrial, aerospace, and medical among.UBE (Japan), Denka (Japan), AlzChem (Germany), H.C. Starck (Germany), Yantai Tomley Hi-Tech Advanced Materials Co. Ltd (China), and Vesta Si (Sweden). The leading players for the fabrication of silicon nitride are 3M (US), CeramTec (Germany), Kyocera Fine Ceramics (Japan), Morgan Advanced Ceramics (UK), Toshiba (Japan), Rogers Corporation (US), and CoorsTek (US).
The microporous insulation market is projected to grow from USD 132 million in 2018 to USD 165 million by 2023, at a CAGR of 4.7%, during the forecast period. Microporous insulation is a composite material comprising a blend of ceramic powders and fibers, with an average interconnecting pore size comparable to or even less than mean free path of air molecules at standard atmospheric pressure. The microporous insulation material is inorganic in nature, making it non-combustible and suitable for passive fire protection applications. The growing industrialization in Asia Pacific and South America and increasing oil & gas production in countries, such as the US, Saudi Arabia, Iran, and Russia drive the demand for microporous insulation. The requirement for high thermal insulation products in various applications, such as industrial, oil & gas, energy & power also drive the demand for microporous insulation.Promat International N.V. (Belgium), Morgan Advanced Materials plc (UK), Isoleika S. Coop. (Spain), Unicorn Insulations Limited (China), Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm) (China), NICHIAS Corporation (Japan), ThermoDyne (US), Unifrax (US), Elmelin Ltd. (UK), and Johns Manville (US).
The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. The growth of the aerospace plastics market can be attributed to the growth in the commercial and general & business aircraft segment.SABIC (Saudi Arabia), Victrex (UK), Drake Plastics Ltd. (US), Solvay (Belgium), BASF SE (Germany), and Evonik (Germany)
The market for specialty polystyrene resin is estimated to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The demand for protection function from various applications is expected to drive the specialty polystyrene resin market. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings are expected to drive the demand for specialty polystyrene resin. The growth of the market is driven by increasing use of packaging for performance and environmental reasons in emerging economies such as India, China, Thailand, Indonesia, Brazil, and Argentina.Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).
The tank insulation market size is estimated to be USD 5.2 billion in 2018 and is projected reach USD 6.5 billion by 2023, at a CAGR of 4.50% between 2018 and 2023. Tank insulation is a material or combination of materials that add a protective covering to tanks and reduces the heat loss or heat gain from surfaces operating at temperatures above or below the surrounding temperature. The growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia drives the demand for tank insulation. Also, stringent regulations to insulate tanks drive the demand for tank insulations. The key market players profiled in the report include Rockwool International A/S (Denmark), Owens Corning (US), Saint-Gobain (France), Kingspan Group (Republic of Ireland), Armacell International S.A. (Germany), Cabot Corporation (US), Johns Manville (US), Knauf Insulation (US), BASF SE (Germany), and Covestro AG (Germany).
The market size of silicone film is to be USD 794 million in 2018 and is projected to reach USD 1,087 million by 2023, at a CAGR of 6.5%, from 2018 to 2023. The high growth of end-use industries consuming silicone film across the world coupled with efficient and superior properties of these silicone films is driving the market. The key players in the silicone film market include Wacker Chemie (Germany), Mitsubishi Chemical Corporation (Japan), Elkem (Norway), Momentive Performance Materials (US), and DowDuPont (US). These players have established a strong foothold in the market by adopting strategies, such as expansion, new product launch, and merger & acquisition.
The electronic films market is projected to grow from USD 7.6 billion in 2018 to USD 10.2 billion by 2023, at a CAGR of 6.0% during the forecast period. The market is growing due to the high demand for electronic displays from smartphones, tablets, and other similar consumer electronic devices. Electronic films are used in this application as they exhibit properties such as chemical resistance, high-temperature tolerance, low coefficient of friction, optical transparency, conductivity, UV & weather resistance, moisture resistance, high insulation, low surface energy, and low dielectric constant. The electronic films market comprises major solution providers, such as DowDuPont (US), Toray Industries Inc. (Japan), Gunze (Japan), Nitto Denko Corporation (Japan), Saint-Gobain S.A. (France), The Chemours Company (US), Toyobo Co, Ltd. (Japan), Teijin Ltd. (Japan), TDK Corporation (Japan), and 3M (US).
The market for subsea thermal insulation materials is projected to grow from close to USD 77 million in 2018 to more than 93 million by 2023, at a CAGR of 4.0% during the forecast period. Subsea thermal insulation materials are widely used to insulate equipment, components, and pipelines used in subsea oil & gas operations. The major driving factors for the market are the recovery of the oil & gas industry and the increasing number of subsea projects.
The cryogenic insulation market size is estimated to be USD 2.3 billion in 2018 and is projected reach USD 3.3 billion by 2023, at a CAGR of 7.20% between 2018 and 2023. The cryogenic insulation market is mainly driven by the rising demand for LNG as fuel in developed and developing economies. Rising environmental awareness is also contributing to the growth of the market. Growing demand for cryogenic technologies in space applications has created various opportunities for cryogenic insulation manufacturers. APAC is the key market for cryogenic insulations, globally, followed by Europe and North America. One of the primary drivers of the market is the increasing demand for transportation, storage, and liquefaction of natural gas to LNG in these regions. The key market players profiled in the report include Armacell International Holding GmbH (Germany), Lydall Inc. (US), BASF SE (Germany), Cabot Corporation (US), Rochling Group (Germany), and Johns Manville Inc. (US).
The hybrid composites market is projected to grow from USD 436 million in 2018 to USD 876 million by 2023, at a CAGR of 15.0% during the forecast period. The market is growing because of the high demand from the automotive & transportation, wind energy, and sporting goods end-use industries. Hybrid composite products are preferred as they can reduce the weight of the product and are stronger than metallic parts. The market witnessed strong growth in the past few years owing to the growing use in the US, Germany, China, Brazil, and Japan. Royal DSM N.V. (Netherlands), SGL Group (Germany), Gurit (Switzerland), Hexcel Corporation (US), Teijin Limited (Japan), General Electric (US), Exel Composites (Finland), Innegra Technologies, LLC (US), Solvay (Belgium), and PlastiComp, Inc. (US) are some of the key players in the hybrid composites market.
The market for EPS is estimated to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The growing construction and packaging industries in developing countries is a major factor driving the EPS market. EPS is an innovative material that offers design and structural integrity to many construction projects. Major vendors in the EPS market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).
The construction fabrics market size is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%. Construction fabrics are polymer coated technical textiles which find extensive applications in tensile architecture in the construction industry. Construction fabrics are also called architectural membranes. They are durable, energy-efficient, and aesthetically superior products which offer flexibility to design engineers and architects to enhance architectural creativity.Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others, are the key players operating in the construction fabrics market.
The PU films market is projected to grow from USD 449.0 million in 2018 to USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. The growth of the PU films market can be attributed to the rising demand for luxury cars and premium passenger cars. PU films are mainly consumed for the paint protection application in the automotive industry. Covestro (Germany), 3M Company (US), SWM International (US), DingZing Advanced Materials (Taiwan), Avery Dennison (US), Coveris (US), MH&W International (US), PAR Group (UK), and RTP Company (US) are the leading players operating in the PU films market.
The biocompatible 3D printing materials market size is estimated to be USD 308.1 million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. This growth is attributed to the increasing use of biocompatible 3D printing materials in medical applications such as implants & prosthesis, tissue engineering, and hearing aid among others.3D Systems, Inc. (US), Evonik Industries AG (Germany), Stratasys Ltd. (US), Concept Laser, GmBH (Germany), EOS GmBH Electro Optical Systems (Germany), Renishaw PLC. (UK), Formlabs Inc. (US), EnvisionTEC, Inc. (Germany), 3D Composites (US), and Aspect Biosystems Ltd. (Canada) are the key players operating in the biocompatible 3D printing materials market.
The global marine composites market size is projected to grow from USD 4,516.5 million in 2021 to USD 6,266.8 million by 2027, at a CAGR of 5.6% during the forecast period. Growth of the market can be attributed to the high demand for marine composites from the power boats segment due to the growing recreational boating market in Europe and North America. The market has witnessed significant growth over the last few years due to the increasing demand for lightweight and corrosion-resistant boats.Owens Corning (US), Toray Industries, Inc. (Japan), SGL Group (Germany), Cytec Solvay Group (US), Teijin Limited (Japan), Mitsubishi Rayon Co. Ltd. (Japan), Hexcel Corporation (US), E. I. Du Pont de Nemours and Company (US), and Hyosung (South Korea) are some of the leading players in the marine composites market
The increasing demand for XPP foam from the automotive end-use industry is expected to drive the growth of the XPP foam market. In terms of value, the global XPP foam market is estimated to be USD 751.0 million in 2018 and is projected to reach USD 1048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. Key global players of the XPP foam market are Borealis (Austria), BASF (Germany), Braskem (Brazil), DS Smith (UK), JSP Corporation (Japan), Furukawa Electric (Japan), Mitsui Chemicals (Japan), Sekisui Voltek (US), Sonoco (US), Sohner Plastics (Germany), NMC SA (Belgium), Pregis (US), Toray Industries (Japan), Sumitomo Chemical (Japan), and Zotefoams (UK).
The polyamide-imide resin market is estimated to be USD 501.7 million in 2017 and is projected to reach USD 687.1 million by 2022, at a CAGR of 6.5% between 2017 and 2022. The high demand for polyamide-imide resins from various end-use industries and superior properties of polyamide-imide resins are key factors driving the growth of the polyamide-imide resin market. The expansion of end-use industries, such as automotive, aerospace, electrical & electronics, and oil & gas, is another significant factor projected to influence the growth of the polyamide-imide resin market. Key players operating in the polyamide-imide resin market include Solvay (Belgium), Quadrant (US), Toyobo (Japan), Ensinger (Germany), Innotek Technology (China), and Kermel (France).
The market size of ceramic balls is estimated at USD 433.0 million in 2018 and is projected to reach USD 636.3 million by 2023, at a CAGR of 8.0% between 2018 and 2023. The growth of the market can be attributed to the increasing use of ceramic balls in the automotive and chemical end-use industries owing to their superior properties such as resistance to corrosion & heat, durability, and high temperature resistance.Saint-Gobain (France), Honeywell International (US), Axens (France), Toshiba Materials Co., Ltd. (Japan), Coorstek Inc. (US), Fineway Inc. (Canada), Industrial Tectonics Inc. (US), Metalball (France), Global Precision Ball & Roller (US), Devson Catalyst Private Limited (India), and Topack Ceramics Pvt. Ltd. (India) are the key players operating in the ceramic balls market.
The high temperature composite resin market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% during the forecast period. The growth of the market can be attributed to the high demand for high temperature composite resins from the aerospace & defense, transportation, electrical & electronics, oil & gas, building & construction, and medical industries. The market has witnessed significant growth over the last few years due to the increased demand for high temperature composite resins for high thermal resistant and lightweight aircraft and automotive parts. Some of the key players operating in the high temperature composite resin market include Huntsman International (US), Hexion (US), Hexcel Corporation (US), Royal TenCate (Netherlands), Sumitomo Bakelite (Japan), and Arkema (France). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the high temperature composite resin market.
The global self-cleaning glass market is projected to grow from an estimated USD 99.1 million in 2018 to USD 122.7 million by 2023, at a CAGR of 4.4% from 2018 to 2023. The growth of the construction industry is a major factor driving the self-cleaning glass market. The low lifetime-cost of self-cleaning glass is another factor fueling the growth of this market; cost-cutting on labor and detergent otherwise required to wash the glass reduces the lifetime-cost of self-cleaning glass. Key players in the self-cleaning glass market include Nippon Sheet Glass (Japan), Saint-Gobain (France), Guardian Industries (US), Cardinal Glass Industries (US), and Asahi Glass Co. (Japan), among others.
The flexible substrates market is projected to grow from USD 402.9 million in 2018 to USD 775.8 million by 2023, at a CAGR of 14.0% during the forecast period from 2018 to 2023. The growth of the flexible substrates market can be attributed to the increasing demand from the electronics industry across the globe. Flexible substrates are increasingly being used in the production of flexible printed circuit boards. They are also used for the production of solar modules. Moreover, their increased use in the manufacturing of medical & healthcare devices is also driving the growth of the flexible substrates market across the globe. Increased consumption of flexible substrates in solar application is also leading to the growth of the flexible substrates market, worldwide. Teijin (Japan), Schott (Germany), Corning (US), Polyonics (US), Kolon industries (South Korea), and Heraeus (Germany) are the leading players operating in the flexible substrates market.
The plastic straps market is projected to grow from USD 1.32 billion in 2017 to USD 3.68 billion by 2023, at a CAGR of 18.8 % from 2018 to 2023. The growth of the plastic straps market is driven by the increasing use of plastic straps in the paper, steel, and bricks & tiles industries. The base year considered for the study is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the plastic straps market are Crown Holdings (US), Polychem Corporation (US), Teufelberger (Austria), FROMM Packaging (US), Messersi Packaging (Italy), Dubose Strapping (US), Auto Strap (India), and PAC Strapping (US).
The thermal ceramics market is estimated to be USD 3.36 billion in 2018 and is projected to reach USD 5.02 billion by 2023, at a CAGR of 8.4% from 2018 to 2023. The high demand for thermal ceramics in various end-use industries, such as chemical & petrochemical, mining & metal processing, and manufacturing, are expected to drive the thermal ceramics market. The key players operating in the thermal ceramics market include Morgan Thermal Ceramics (UK), Unifrax (US), IBIDEN (Japan), Isolite Insulating Products (Japan), Luyang Energy-Saving Materials (China), RHI Magnesita (Austria), Rath (US), Mitsubishi Chemical Corporation (Japan), 3M (US), and YESO Insulating Products (China).
The global cyanate ester resins market was valued at USD 184.3 Million in 2016 and is projected to reach USD 338.8 Million by 2022, at a CAGR of 11.7% during the forecast period. The base year considered for the study is 2016, while the forecast period is between 2017 and 2022. Key companies profiled in the global cyanate ester resins market research report include Lonza (Switzerland), Huntsman (US), Cytec Solvay Group (US), Henkel (Germany), Tencate Advanced Composites (Netherlands), and others.
The global ceramic foams market is estimated to be USD 343.2 Million in 2018 and is projected to reach USD 441.7 Million by 2023, at a CAGR of 5.2% between 2018 and 2023. The market is witnessing growth due to the increasing use of ceramic foams as filters in the metal casting industry and stringent regulations regarding pollution control. The growth is further driven by the demand for thermally insulated and soundproof residential and non-residential infrastructure. Ceramic foams manufacturers such as Ultramet (US), Vesuvius Plc (UK), SELEE Corporation (US), ERG Aerospace Corp. (US), Saint-Gobain High-Performance Refractories (US), Pyrotek (US), Induceramics (US), LANIK s.r.o (Czech Republic), Drache GmbH (Germany), and Baoding Ningxin New Material Co., Ltd. (China) have been covered in the report.
The GFRG market is projected to reach USD 3.44 Billion by 2023, at a CAGR of 7.0% between 2018 and 2023. The growth of the GFRG market can be attributed to the increasing use of GFRG in construction activities, owing to their exceptional properties, such as aesthetic appeal, sound absorption, fire resistance, moisture resistance, and rapid construction.Formglas (US), USG Corporation (US), Chiyoda UTE (Tokyo), Continental Building Products (US), CertainTeed (US), Knauf Danoline (Denmark), Saint-Gobain Gyproc (France), and Georgia-Pacific (US) are the key players operating in the GFRG market. These players offer a wide range of GFRG to strengthen their competitive position and cater to the growing demand for GFRG from the building & construction industry.
The retro-reflective materials market is estimated at USD 5.58 Billion in 2018 and is projected to reach USD 12.49 Billion by 2023, at a CAGR of 17.5% between 2018 and 2023. The growth of the retro-reflective materials market can be attributed to the increasing use of retro-reflective materials in construction & infrastructure and automotive & transportation projects, owing to the property of offering safety by providing enhanced visibility in low light and nighttime conditions.3M (US), Avery Dennison (US), ORAFOL (Germany), Dominic Optical (China), Changzhou Hua R Sheng Reflective Material (China), Coats Group (UK), Nippon Carbide Industries (Japan), Paiho Group (Taiwan), Asian Paints PPG (India), and Reflomax (South Korea) are key players operating in the retro-reflective materials market. These key players offer a wide range of retro-reflective materials to strengthen their competitive positions and cater to the growing demand for retro-reflective materials from the construction & infrastructure and automotive & transportation industries, among others.3M (US) is a major player in the retro-reflective materials market. The company is focused on expanding its product portfolio and gaining a competitive edge over other players in the retro-reflective materials market.
The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 Million in 2017 to USD 1,393.0 Million by 2022, at a CAGR of 7.0% between 2017 and 2022. The increase in the use of NBR in O-rings & seals and gloves applications and superior properties of NBR that include improved oil resistance and high heat stability are key factors projected to drive the growth of the NBR market. In addition, the increased demand for NBR from the automobile industry in the Asia Pacific region is another significant factor contributing to the growth of the NBR market. Key companies profiled in the NBR market research report include LANXESS (Germany), Sinopec (China), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), SIBUR Holding (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The packaging resins market is estimated at USD 192.17 Billion in 2017 and is projected to reach USD 277.13 Billion by 2022, at a CAGR of 7.6% from 2017 to 2022. The high demand for packaging resins in various applications, such as food & beverage, consumer goods, healthcare, industrial, and others are expected to drive the packaging resins market.The key restraining factor in the packaging resins market is the stringent regulations imposed on plastics due to the landfill issue. Companies, such as ExxonMobil Corporation (US), Sinopec Corporation (China), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), PetroChina Company Ltd.(China), DowDupont Inc. (US) and others have adopted the new product launches, agreements & partnerships, mergers & acquisitions, and investments & expansions strategies to enhance their foothold in the market.
The polyolefin powders market is estimated to be USD 6.76 Billion in 2017 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% during the forecast period. It is driven by its use in different end-use industries, namely, toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others. The high demand for polyolefin powders from the rotomolding application of toys, tanks & containers end-use industry, and SMC, BMC, and carpet applications of the automotive end-use industry is also driving the polyolefin powders market.Key players operating in the polyolefin powders market include LyondellBasell (Netherlands), Ineos (Switzerland), Borealis (Austria), Mitsui Chemical (Japan), SABIC (Saudi Arabia), Exxon Mobil (US), Eastman (US), Merck (Germany), Wacker Chemie (Germany), Axalta Coating Systems (US), and others. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are factors strengthening the market position of these companies. These companies have adopted various organic and inorganic growth strategies to enhance their current market share of the polyolefin powders market.
The global polyphenylene market is estimated to be USD 3.37 Billion in 2018 and is projected to reach USD 4.99 Billion by 2023, at a CAGR of 8.2% during the forecast period.Toray Industries (Japan), Solvay (Belgium), Tosoh Corporation (Japan), DIC Corporation (Japan), Kureha Corporation (Japan), LG Chem (South Korea), Celanese Corporation (US), Saudi Arabia Basic Industries Corporation (Saudi Arabia), China Lumena New Material (China), and Ensigner (Germany) are the key companies operational in the polyphenylene market. Targeting new markets will enable manufacturers to cater to the rising demand for polyphenylene resins, hence reinforcing their position in the market.
The paper dyes market is estimated to be USD 920.4 Million in 2017 and is projected to reach USD 1,099.3 Million by 2022, at a CAGR of 3.62% during the forecast period. This growth can be attributed to the increasing demand for paper dyes in the packaging & board and coated papers applications. In addition, the demand for paper dyes due to the increase in the number of paper industries in emerging economies is another significant factor contributing to the growth of the paper dyes market.Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India) BASF (Germany), Archroma (Switzerland), DyStar (Singapore), Atul Ltd. (India), KEMIRA OYJ (Finland), Synthesia (Czech Republic), Axyntis Group (France), Vipul Organics (India), Standard Colors (US), Keystone Aniline (US), Cromatos (Italy), Thermax (India), and Organic Dyes and Pigments (US) are the leading players in the paper dyes market.
The global micro-perforated films market is estimated at USD 1.23 Billion in 2017 and is projected to reach USD 1.50 Billion by 2022, at a CAGR of 4.0% between 2017 and 2022. The market is witnessing growth due to the increasing use of micro-perforated films for food packaging applications, such as fresh fruits & vegetables, bakery & confectionary, ready-to-eat food, and others which include meat, seafood, and poultry.Mondi (Austria), Amcor Limited (Australia), Sealed Air Corporation (US), Bollore Group (France), and Uflex Ltd. (India), lead the global micro-perforated films market. These players are the major manufacturers of micro-perforated films and are gaining a strong foothold in the market due to their robust business strategies.
The ceramic inks market is projected to grow from USD 1.83 Billion in 2017 to USD 2.59 Billion by 2022, at a CAGR of 7.2% during the forecast period from 2017 to 2022. The growth of the ceramic inks market can be attributed to increasing demand for decorated ceramic tiles from the flourishing construction industry across the globe. Ceramic inks are increasingly being used in the decoration of ceramic tiles. They are also used for glass printing and food container printing. Moreover, the emergence of digital printing technology and its increased use in the manufacturing of ceramic tiles is also driving the growth of the ceramic inks market across the globe. Increased consumption of decorated glass in interior designing is also leading to the growth of the ceramic inks market, worldwide.The key players operating in the ceramic inks market include Ferro Corporation (US), Zschimmer & Schwarz (Germany), Esmalglass – Itaca Grupo (Spain), Torrecid Group (Spain), and Fritta (Spain),
The transparent plastics market is projected to grow from USD 101.97 Billion in 2017 to USD 137.75 Billion by 2022, at a CAGR of 6.2% from 2017 to 2022. Increasing adoption of transparent plastics by end-use industries, improved shelf-life of packaged food products, high demand in emerging regions, and ease of customization are the key factors driving the growth of the transparent plastics market across the globe.DuPont (US), Dow Chemical Company (US), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Covestro (Germany), BASF (Germany), INEOS (UK), PPG Industries (US), Evonik Industries (Germany), LANXESS (Germany), Teijin Limited (Japan), LG Chem (South Korea), Denka (Japan), Trinseo (US), Asahi Kasei (Japan), Eastman Chemical Company (US), Chi Mei Corporation (Taiwan), and Arkema (France) are the leading players operating in the transparent plastics market.
The cerium oxide nanoparticles market is projected to reach USD 630.2 Million by 2022 from USD 259.7 Million in 2017, at a CAGR of 19.4% from 2017 to 2022. The high demand for cerium oxide nanoparticles from the CMP application especially in North America is driving the growth of the global cerium oxide nanoparticles market. Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), and Nanophase Technologies (US), are some of the leading players operating in the cerium oxide nanoparticles market. These companies are adopting various strategies, such as expansions, new product launches, and partnerships to increase their market shares and strengthen their position in the cerium oxide nanoparticles market
The global demand for industrial rubber is projected to witness moderate growth of 4.6% between 2017 and 2022. The industrial rubber market is estimated to be USD 26.99 Billion in 2017 and is expected to reach USD 33.82 Billion by 2022. Leading players in the industrial rubber market include LANXESS (Germany), Sinopec (China), Goodyear Tire and Rubber Company (US), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), Nizhnekamskneftekhim (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The blow molding resins market was valued at USD 36.67 Billion in 2017 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% from 2017 to 2022. The increased demand for blow molding resins in the packaging applications of the pharmaceutical, food & beverages, chemicals, and personal care industries is expected to drive the growth of the blow molding resins market during the forecast period. Exxon Mobil (US), LyondellBasell (Netherlands), DowDuPont (US), SABIC (Saudi Arabia), INEOS (Switzerland), Solvay (Belgium), Formosa Plastics (Taiwan), Chevron (US), Eastman (US), China Petroleum (China), and Reliance Industries (India), among others are the key players operating in the blow molding resins market.
The scratch-resistant glass market is estimated to be USD 1.85 Billion in 2017 and is projected to reach USD 2.85 Billion by 2022, at a CAGR of 9.1% during the forecast period. The growth of the market can be attributed to the high demand for scratch-resistant glass from the smartphones & tablets and electronics applications. The market has witnessed significant growth over the last few years, due to the increased demand for scratch-resistant glass from emerging economies such as China, India, Brazil, and Thailand. Some of the key players operating in the scratch-resistant glass market include Corning Incorporated (US), Asahi Glass (Japan), Nippon Electric Glass (Japan), Guardian Industries (US), Schott AG (Germany), and Monocrystal (Russia). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the scratch-resistant glass market.
The fluoropolymer films market size was valued at USD 1.86 Billion in 2016 and is projected to reach USD 2.62 Billion by 2022, at a CAGR of 5.9% during the forecast per. The base year considered for the study is 2016, while the forecast period is from 2017 to 2022. Key companies profiled in the fluoropolymer films market research report are The Chemours Company (US), Saint-Gobain (France), Nitto Denko (Japan), 3M (US), Daikin (Japan), Honeywell International (US), DUNMORE (US), Guarniflon (Italy), ACG Chemicals (Japan), and Textile Coated International (US).