Construction

Tuesday, December 7, 2021

Optical Ceramics Market: Size, Share, Growth, Trends, Analysis and Forecast 2030

Market Summary

The Global Optical Ceramics Market reached USD 148 million in 2018 and is estimated to register a CAGR of around 15.2% during the forecast period, 2019–2025. The growth of the global Optical Ceramics Market is driven by the increasing demand for material having properties such as high-temperature resistance and high stiffness in the aerospace & defense industry as well as the growing demand for substitutes of glass, plastics, and metals.

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Key Players

Ceranova Corporation (US), CeramTec (Germany), Murata Manufacturing Co., Ltd (Japan), CoorsTek Inc (US), Brightcrystals Technology Inc (China), Schott AG (Germany), Saint-Gobain (France), Koninklijke Philips N.V. (The Netherlands), General Electric (US), CeraNova (US), Shanghai SICCAS (China), II-VI Optical Systems Inc (US), Kyocera Corporation (Japan), CILAS (France), Surmet Corporation (US), Konoshima Chemicals Co., Ltd (Japan).

Segmental Analysis

The global Optical Ceramics Market has been segmented based on material, application, end-use industry, and region.

By material, the global Optical Ceramics Market has been classified into sapphire, phosphor, aluminum oxynitride, spinel, and others. The sapphire segment is expected to be the largest and fastest-growing segment during the forecast period as it offers properties such as scratch resistance and high optical transparency, owing to which it finds application in the checkout doors at the supermarket. Yttrium aluminum garnet (YAG) exhibits high thermomechanical properties owing to which it is widely used in the production of nanocomposite optical ceramics, which are high in demand for applications in range finders, target designators, and spot welding.

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Based on application, the global optical ceramic market is segregated into optics & optoelectronics, semiconductor, and others. The growing use of image sensors, light-emitting diodes, and laser transmitters in recent years have surged the demand for optical ceramics, particularly in the optical & optoelectronics segment.

Aerospace & defense, energy, electrical & electronics, and others are the end-use industries analyzed under the scope of the report. The electrical & electronics segment held the largest market share in 2018, owing to its significant growth in Asia-Pacific. The aerospace & defense is expected to be the second-largest due to the increasing production of missiles domes, high energy laser missiles, and infrared radomes.

Regional Analysis

Asia-Pacific, Latin America, North America, Europe, and the Middle East & Africa are the regions analyzed under the scope of the global market.

The global Optical Ceramics Market was led by North America with the largest contribution in 2018 and is expected to be the fastest-growing regional market during the forecast period. Asia-Pacific is projected to be the second-largest market due to innovations in the optical and optoelectronics segment. However, the Middle East & Africa and Latin America are projected to witness steady growths during the forecast period.

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Nitrogen Trifluoride Market Size, Share, Growth, Demand by Region and Forecast to 2030

Competitive Analysis

Some of the prominent players in global nitrogen trifluoride market are Mitsui Chemicals, Inc., SK MATERIALS CO, LTD, FOOSUNG Group, HYOSUNG, The Linde Group, Navin Fluorine International Limited, Praxair Technology, Inc., Central Glass Co., Ltd., Formosa Plastics Corporation, Kanto Denka Kogyo Co., Ltd., Ulsan Chemical Co., Ltd., and Air Products and Chemicals Inc. among others.

Market Overview

Nitrogen trifluoride is a colorless, odorless, non-flammable gas, known by the chemical formula NF3. It has increasing use as an etchant in microelectronics. Nitrogen trifluoride offers several benefits over alternative cleaning agents, such as high etch rates, high selectivity, carbon-free etching, and minimal residual contamination. Growing demand for consumer electronics is expected to fuel the nitrogen trifluoride market. Semiconductors are indispensable components in consumer electronics products where it is used for cleaning silicon wafers of semiconductors. Apart from this, Nitrogen trifluoride has etchant application in flat panel displays & solar cells. Asia Pacific is the fastest growing segment both in terms of consumption and utilization.

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TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics Of Global Nitrogen Trifluoride Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis Of Global Nitrogen…To be Continued

Market Segmentation

The Global nitrogen trifluoride market is segmented based on the type of packaging and application.

Based on the type of packaging, the global nitrogen trifluoride market is segmented into four types – Ton cylinder, ISO container, Bundles, and 47L cylinder. Nitrogen trifluoride manufacturers package a material into different sizes based on the customer requirement.

Based on the application, the global nitrogen trifluoride market is segmented into semiconductor, flat panel displays, and solar cells. The semiconductor chip accounted to be the largest application segment in 2016 and it expected to remain so in the forecast period. Flat panel display is expected to be the fastest growing application of nitrogen trifluoride market, owing to less power consumption and compact size. Solar cells application is expected to rise in the forecast year owing to lucrative government initiatives and rising demand for green energy.

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Regional Analysis

The regional analysis comprises of North America, Europe, Asia pacific, Middle East & Africa, and Latin America. Asia-Pacific is one of the leading region for the global nitrogen trifluoride market followed by North America and Europe. The growing consumer electronics market and semiconductors industries in Japan, China, and South Korea are driving the nitrogen trifluoride market in this region. However, rapid industrialization due to lucrative government schemes for FDI as well as digital India initiative is expected to boost the nitrogen trifluoride market in India. Apart from this, economic growth and lifestyle changes is expected to further increase demand for consumer electronics which is further expected to expand nitrogen trifluoride market in India. North America and Europe is expected to be affected due to stringent rules and regulations by the government.

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Mold Release Agent Market: Share, Size, Analysis, Growth, Trends and Forecast by 2027

Mold Release Agents are used to control the adhering of molding surface and substrate. Mold Release Agents can be easily cooled and poured directly into mold cavities, as an external release agents. Mold Release Agent is formulated especially for mold making and casting, and works with most liquid rubber and liquid plastic products. Mold release agents’ major use is to release plastics, rubber, concrete, and different substrate.

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Some of the prominent factors that positively influence the growth of Mold Release Agent Market are increasing rubber production owing to the rising automobile manufacturing units, rising demand for plastic products in food processing and storing applications. Additionally, increasing construction activities resulting in the use of mold release agents to prevent adhesion of concrete to plywood or any metal surfaces. Increasing urbanization along with rising per capita disposable income in developed and emerging economies are predicted to drive the growth of the market over the forecast period, 2017 to 2023. Moreover, continuous expansion of paper packaging industry as well as shifting manufacturers’ focus towards green packaging are estimated to fuel the growth of the market during the review period, 2017 to 2023. However, growing environmental concerns regarding the toxic effect of chemicals used in mold release agent along with the implementation of strict regulations are predicted to hinder the market growth over the assessment period, 2017 to 2023.

Key Players:

Some of the prominent players operating in the Global Mold Release Agent Market are Chem-Trend L.P. (U.S.), Michelman, Inc. (U.S.), Henkel AG & Co. KGaA (Germany), Wacker Chemie AG (Germany), Croda International plc (U.K), Daikin Industries, Ltd. (Japan), Shin-Etsu Chemical Co., Ltd. (Japan), Mcgee Industries Inc (U.S.), Cresset Chemical Company (U.S.), Grignard Company, LLC (U.S.), REXCO (U.S.), Marbocote Ltd (U.K) and, CHUKYO Europe GmbH (Germany) among others.

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Segmentation:

The Global Mold Release Agent Market is categorized on the basis of type, application, and region. On the basis of type, the market is bifurcated into solvent based and water based. On the basis of application, the Mold Release Agent Market is categorized into concrete, rubber, plastics, food processing, paper, and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis:

Asia Pacific is estimated to be the largest Mold Release Agent Market followed by North America and Europe due to strong existence of rubber raw materials. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for Mold Release Agents in paper packaging manufacturing. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for Mold Release Agent, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of mold plastics sector is predicted to contribute to the regional market growth. In North America, the U.S and Mexico are among the major contributors in the regional market growth due to expansion and renovation housing projects as well as increasing innovations. In South America, Mexico is expected to register strong growth due to robust presence of automobile manufacturers.

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

2.4 Key Takeaways

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics Of The Global Mold Release Agent Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology….To be Continued

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Medical Foam Market Size, Share, Demand by Segmentation, Top Key Player and Analysis – 2030

Market Synopsis

Global Medical Foam Market is expected to record a CAGR of 6% during the review period.

The expanding healthcare industry and increased spending on healthcare, coupled with the rising geriatric population, are expected to fuel the demand for medical foam. The growing demand for implantable medical devices is likely to drive the growth of the Medical Foam Market. However, fluctuations in raw material prices are expected to hinder the market growth.

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Regulatory Analysis

The increasing regulations against the use of isocyanates and polyols due to their hazardous impact are likely to affect the growth of the polyurethane market and, thus, the Medical Foam Market.

Segmentation

By Form: The Medical Foam Market can primarily be categorized into flexible, rigid, and spray.

Flexible —The flexible segment accounted for the largest market in 2019 due to the growing use of flexible foam in medical dressing, bedding & cushioning, medical face shields, wheelchair pads, and orthotics, among others.

Rigid —Rigid medical foam finds application in diagnostic imaging beds, X-ray and diagnostic tables, artificial bone test media, and packaging of medical devices. Thermoformed rigid plastic materials such as polyethylene terephthalate glycol (PETG), polyethylene terephthalate (PETE), acrylonitrile-butadiene-styrene (ABS), and high impact polystyrene (HIPS) are primarily used for medical packaging applications.

Spray —Spray medical foam is used for disinfecting the surfaces of non-invasive medical devices as well as invasive medical devices.

By Material: The global Medical Foam Market has been segmented into polymers, latex, and metal.

Polymers —The polymers segment accounted for the largest share of the global Medical Foam Market in 2019. Some of the commonly used polymers used to make medical foam include polyurethane foam, polystyrene, polyethylene terephthalate glycol, and polyolefin. Among these polymers, polyurethane foam is being widely used owing to its superior properties, including light weight, resiliency, low odor, and high resistance to mildew.

Latex —Latex is widely used in mattresses and mattress toppers over other materials owing to its durability. The increasing number of hospitals is likely to drive the need for beds and, thus, for latex.

Metal —Metal foams are likely to replace rigid materials in medical implants such as titanium. Metal foams possess modulus of elasticity similar to that of bones. Additionally, medical foams are light in weight, exhibit high-energy absorption capacity, and provide high mechanical strength.

By Application: The global Medical Foam Market has been segmented into bedding & cushioning, medical packaging, medical devices & components, prosthetics & wound care, and others.

BEDDING & CUSHIONING —The segment accounted for the largest share of the global Medical Foam Market in 2019 and is expected to register a significant CAGR during the review period. Polyurethane foam is being widely used in medical bedding & cushioning applications, including medical pillows, comfort pads, surgical beds, and wheelchair cushions, among others. Medical cushions support the head, neck, and shoulders and alleviate tension & stress.

MEDICAL PACKAGING—Medical foam made using material such as cross-linked polyethylene foams, thermoplastic polyurethane, polyethylene terephthalate, and polyethylene terephthalate glycol are used in packaging of medical devices such as orthopedic plants, surgical screws, and clamshells. Thermoplastic polyurethane foams are extensively used with sterile barrier systems in protecting orthopedic implants and surgical screws, among others.

MEDICAL DEVICES & COMPONENTS—Medical foams are used for packaging, gasketing, and sealing in medical devices. The growing use of medical devices is likely to fuel the demand for the medical devices segment at a significant rate during the review period.

PROSTHETICS & WOUND CARE—Medical foams are used to cover wounds as it offers high performance and reliability. Medical foams absorb fluids & bacteria and thus, provide an effective dressing for bleeding, open, or seeping wounds. Medical foam is used as a filler in arm prostheses.

Others

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By Region: The global Medical Foam Market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Asia-Pacific: The market in Asia-Pacific accounted for the largest market share in 2019 and is expected to grow at a significant CAGR during the review period on account of growing healthcare industry particularly in China and India.

North America: The established presence of medical device industry is likely to drive the growth of the North American Medical Foam Market.

Europe: The increased spending on R&D activities in medical industry is likely to drive the market growth in the region.

Latin America and Middle East & Africa: Latin America and the Middle East & Africa markets are likely to register considerable growth during the review period on account of increasing healthcare spending coupled with rising geriatric population.

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Sunday, December 5, 2021

Fly Ash Market Size, Share, Demand by Segmentation, Top Key Player and Analysis by 2030

The global Fly Ash Market is growing dramatically, mainly due to the construction boom in various developing economies. The market growth is significant in many developing countries, where large-scale industrialization is creating a need for rapid improvements in infrastructure. Besides, highly populated countries foster market growth, witnessing the increasing demand for higher-quality housing, and better living conditions.

According to Market Research Future (MRFR), the valuation of the global Fly Ash Market is poised to reach USD 4.9 BN by the end of 2023. In its recent study report, MRFR, also confirms that the market would register 6.30% CAGR during the forecast period (2016 – 2023). Furthermore, rising usages of fly ash in cement-based products and government initiatives for energy conservation are major growth fuelling factors for the market.

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Besides, factors such as the increasing urbanization in different regions, led by the improving GDP and massive consumption of fly ash in Portland cement concrete pavement or PCC pavement, boost the size of the market. Substituting fly ash provides significant economic benefits. Therefore, usages of fly ash are increasing in residential as well as non-residential construction activities.

Moreover, fly ash is also used as embankment and mine fill, and it has been increasingly gaining acceptance by the Federal Highway Administration. The cost-effectiveness of fly ash is a prime factor creating substantial market demand. Additionally, the economic growth and the rising numbers of smart city projects provide a considerable impetus to the growth of the global Fly Ash Market .

Conversely, some of the disadvantages of fly ash, such as its tendency to effloresce and concerns about freeze/thaw performance, are challenging the growth of the market. Also, the lack of knowledge about the benefits of fly ash acts as a significant block for market growth. Nevertheless, increasing usages of fly ash as a cost-effective substitute for Portland cement would support the market growth throughout the assessment period.

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Global Fly Ash Market - Segmentation

The report has been segmented into four major dynamics.

By Type : Class F and Class C.

By Application : Portland Cement, Concrete, Bricks & Blocks, and others.

By End-uses : Road Construction, Agriculture, and others.

By Regions : Europe, Americas, Asia Pacific, Middle East & Africa, and Rest-of-the-World.

Global Fly Ash Market - Regional Analysis

The Asia Pacific region is forecasted to retain its dominance over the global Fly Ash Market . Rapid industrialization and urbanization, alongside the growing population, foster market growth, driving the construction industry in the region. In addition, initiatives by the governments for energy conservation serves as a significant growth driver for the Fly Ash Market in the region. APAC has been attracting foreign investors with its easy availability of cost-competitive workforce and the raw material advantage. Furthermore, favorable government policies are boosting the commercial construction in the region, allowing the increase in the foreign direct investment (FDI).

Europe is another consistently growing market for fly ash. The region accounts for a key consumer due to the increasing consumption of fly ash in rising public & private construction activities. The rising population that demands better living conditions, higher-quality housing, and infrastructure is expected to drive market growth in the region.

The Fly Ash Market in North America holds a substantial share. Rapid growth in commercial and infrastructure construction is estimated to boost the growth of the regional market. Besides, rapid industrialization and the increasing number of construction activities in the region are projected to contribute to the growth of the North American Fly Ash Market .

Global Fly Ash Market - Competitive Analysis

The Fly Ash Market appears to be highly competitive, characterized by the presence of several well-established players. To gain a substantially large market share, players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch. Manufacturers are drawing up investments for production expansion program, which can help them to cut down logistics cost and increase capacity with a potential to fetch a larger turnover.

Major Players

Players leading the global Fly Ash Market , include CEMEX SAB de CV (Mexico), Boral (US), LafargeHolcim (US), Salt River Materials Group (US), Charah Solutions, Inc. (US), Aceton Industries LLP (India), and Ashtech India Pvt. Ltd. (India), among others.

Industry/ Innovation/ Related News:

August 20, 2019 ---- Researchers from the Indian Institute of Technology (IIT-Hyderabad) have found a new technology that can convert fly ash into waterproofing material. Fly ash waste, a by-product of power plants poses a threat to the environment. The new technology discovered by scientists of IIT can modify fly ash into superhydrophobic fly ash particles, a waterproofing material, by using this binding ability of stearic acid.

The newly developed material is highly cost-effective as the fly ash abundantly available, and stearic acid is also not an expensive chemical. Also, the synthesis process is so simple that even an untrained individual can prepare these superhydrophobic materials with ease.

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Fiber Cement Market Size, Share, Growth, Analysis, Demand by Region and Forecast to 2030

Regional Analysis

Asia-Pacific has been accounted as the largest share of the global fiber cement market and is anticipated to dominate the market share during the forecast period, owing to the rapid urbanization and growing residential construction in the region. The major developing countries contributing to the growth of the fiber cement market in Asia-Pacific are China, Japan, Indonesia, India, and Australia.

North America and the Middle East & African region are the other considerable markets for fiber cement. rising residential construction in Canada and the US is likely to fuel product demand in the coming years. Due to essential investments in the construction industry for residential and commercial buildings, the fiber cement market in the UAE is anticipated to grow at a significantly higher rate.

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Europe and Latin American regional markets for fiber cement are projected to showcase comparatively moderate growth over the forecast period.

Global Fiber Cement Market: Information by Material (Cellulosic Material, Portland Cement), Product (Boards, Panels, Siding), Application (Cladding, Flooring, Inner Lining, Partition Wall), End User (Residential, Non-Residential), Region—Forecast till 2023

Market Overview:

Fiber cement, also known as reinforced fiber cement, is a composite building material used in construction. It is mainly composed of Portland cement, fine silica (sand), cellulosic material, and other additives.

Fiber cement products include boards, panels, and siding and are widely used in the construction of residential and commercial buildings due to their fire and impact resistant properties. Fiber cement panels are used for exterior wall cladding, partition walls, ceilings, and decorative applications.

Key Players

Some of the key market players in the global fiber cement market are Alpha Roofing Industries, LLC (US), GAF (US), Allura (US), American Fiber Cement Corporation (US), Cembrit Holding A/S (Denmark), James Hardie Industries PLC (Ireland), Etex Group NV (Belgium), CSR Limited (Australia), Toray Industries Inc. (Japan), Nichiha (Japan), and Shandong Cement (China).

Segmental Analysis

The global fiber cement market is segmented on the basis of material, application, product, end user, and region.

Based on material, the global market for fiber cement is segregated into the sand, cellulosic material, Portland cement, and others.

based on application, the global fiber cement market has been divided into flooring, cladding, inner lining, partition walls, fire, and acoustic walls, molding & trim, ceilings, and others.

On the basis of product, the global fiber cement market has been categorized into boards, panels, siding, and others.

the end user segment of the global fiber cement market is bifurcated into residential and non-residential

Based on the region, the global fiber cement market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Competitive Analysis

The key market players in the global fiber cement market are implementing various tactics such as product launches, acquisitions, and expansions to enhance their market shares.

In April 2018, James Hardie Industries PLC announced its acquisition of the German XI (DL) Holdings GmbH and its subsidiaries from Xella International SA, aiming towards speeding up the growth rate of the company’s fiber cement business in European countries.

Fiber cement is a low-cost composite building material that is used in construction, primarily made of Portland cement, cellulosic material, fine silica (sand), and other additives. It is also known as reinforced fiber cement and provides resistance to fungi, mold, and bacteria, hence, increasing its durability and demand. in addition, the material is inert and, thus, is environmentally friendly.

Fiber cement products include panels, boards, and siding and are widely used in the construction of residential, commercial buildings and warehouses, among others, owing to their impact, water, and fire resistant properties. Fiber cement panel is used for partition walls, exterior wall cladding, ceilings, and decorative applications. Fiber cement boards are used in corridors, tunnels, shopping malls, hotel lobbies, and residential buildings, while fiber cement decorative cladding is commonly used for rainscreen applications.

According to a report published by Market Research Future (MRFR), the rising demand for fiber cement in the building and construction industry is likely to drive the market growth over the forecast period. The rising disposable income along with the growing standard of living of consumers is anticipated to be the key factors influencing the growth of the construction industry, which will consequently contribute to the demand for fiber cement during the forecast period.

Intended Audience

Fiber cement manufacturers
Traders and distributors of fiber cement
Research and development institutes
Potential investors
Raw material suppliers

· Nationalized laboratories

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Ethylene Oxide Market Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2022-2030

Competitive Analysis

Some of the key players in the global ethylene glycol market are Exxon Mobil Corporation (US), BASF SE (Germany), Akzo Nobel N.V. (Netherlands), Clariant (Switzerland), DowDuPont (US), INEOS (UK), LyondellBasell Industries Holdings B.V. (Netherlands), China Petrochemical Corporation (China), Royal Dutch Shell plc (Netherlands), Huntsman Corporation (US), SABIC (Saudi Arabia), and The Linde Group (US).

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Market Segmentation

The global ethylene oxide market has been segmented by product, and region. Based on product, the market has been segmented into ethylene glycol, ethoxylates, ethanolamines, glycol ethers, polyethylene glycol, polyether polyols, and others. The ethylene glycol segment accounted for the largest market share in 2017 and is expected to witness significant growth during the review period on account of the increasing demand in numerous applications such as PET resins, polyester fiber, and antifreeze formulations among others.

In addition, the product finds use in food (spices) and cosmetics as sterilant and in sterilization of surgical equipment and plastic devices which are not sterilized by steam such as assembled complex devices, catheters, integrated-electronics equipment, multi-lumen tubing products, stents, and wound care dressings. Ethylene oxide is widely preferred in medical devices as it disrupts the DNA of microorganisms and prevents them from reproducing on the surface of the equipment.

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Ethoxylates accounted for the second largest share of the global ethylene oxide market and is likely to grow at a healthy CAGR on account of growing demand for detergents, fabric softeners, and industrial cleaners worldwide.

Regional Analysis

Based on region, the ethylene oxide market has been classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the largest share of the ethylene oxide market on account of the growing end-use industries in the region, especially the chemicals, surfactants, pharmaceuticals, and cosmetics and personal care industries. An expanding population base and rising disposable income of consumers are the other factors driving market growth.

North America is a prominent market for ethylene oxide due to the growing flexible packaging industry as a result of the increasing consumption of packaged beverages and food products.

The European market is expected to grow at a considerable rate during the review period. The growing cosmetics and personal care and pharmaceuticals industry are propelling market growth.

The markets in Latin America and the Middle East & Africa are likely to register moderate growth during the review period as a result of the growing industrial base in these regions.

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