Graphene Market Size, Share, Growth, Trends, Analysis by 2027

 Graphene Market – Market Overview

Graphene is an allotrope of carbon having a single layer of carbon atoms arranged in hexagonal lattice form. It is the basic structural element of many other allotropes of carbon, such as graphite, charcoal, carbon nanotubes and fullerenes. Graphene is emerging as one of the most promising nanomaterial because of its unique combination of superb properties, which opens a way for its exploitation in a wide spectrum of applications ranging from electronics to optics, sensors, and bio devices. Graphene Market is technically a non-metal but is often referred to as a quasi-metal due to its properties being like that of a semi-conducting metal, which enable its application in electronics and energy sector.

According to the leading research organizations the global market for electronics products has grown at an average CAGR of about 13% per year from past five year. Growing demand for energy storage systems, rust free coating, printed electronics are some of the major driving factors operating into the market. In addition to this, increasing spending economic power of middle class population have led the greater adoption of electronic devices over the past five years. In addition to this, rapid industrialization fuelling the growth of automotive and aerospace sectors.

Growing use of the light weight vehicles in automotive industry is projected to boost growth of the market which is anticipated to continue in the coming years which may consolidate graphene demand. Increasing research & development activities along with growing focus on development of new products and technological innovation is expected to provide fuel the growth of this market over the forecast period. On the other hand, global market growth is held back by increasing environmental concern.

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However, the high price of manufacturing technology and equipment, along with technical limitations for commercial production are the major factors restricting the market growth. As per the study published by Market Research Future on graphene market, the trend for electronics industry is projected to drive demand for Graphene in the coming years.

Key Players:

CVD Equipment Corporation (US), Vorbeck Materials (US), Graphene NanoChem (UK), XG Sciences, Inc. (US), Angstron Materials, Inc (US), Graphene Laboratories, Inc. (US), BGT Materials Limited, Ltd (UK), Graphenea Inc. (US), Grafoid Inc (North America), Haydale Limited (UK), and Others are some of the prominent players at the forefront of competition in the Global Graphene Market and are profiled in MRFR Analysis.

Graphene Market- Competitive Landscape

The global graphene is highly matured market driven by flourishing growth in aerospace & defence industry, along with the flourishing transportation sector.  CVD Equipment Corporation, Vorbeck Materials, Graphene NanoChem, XG Sciences, Inc., Angstron Materials, Inc, Graphene Laboratories, Inc. are the major shareholders in this market. Most of these market participants are adopting the expansion and collaboration tactic of their production capacities to strengthen their market position. Growing manufacturing industries, and continuous collaborations and agreements between manufacturers, distributers, and marketing firms are key factors for the growth of graphene in the global market. Taking into account these trends, the global Graphene market is likely to witness considerable competition over the forecast period of 2017-2023.

Industry/ Innovation/ Related News:

August 17, 2016- Angstron Materials, Inc. and Gustav Grolman GmbH & Co KG entered into a pan-Europe distribution agreement for Angstron’s high performance graphene products. Angstron is the world’s largest producer of graphene nanomaterial with a production capacity of over 300 tpa. On the other hand the Grolman Group operates an international specialty chemical distribution business from a number of well renowned suppliers. This development is expected to boost sale of the product in this region.

September 29, 2016- Vorbeck has introduced Vor-flex™ Engineered HNBR Elastomer which is a Rubber Reinforced with Vor-x® Graphene. It is the first in a new family of graphene-enhanced, engineered elastomer products. Vor-flex exhibits high temperature stability, which allows it to serve in some of the most demanding environments, such as those found in automotive and petrochemical applications. This is likely to enhance the application scope of the Vorbeck graphene products.

September 13, 2016- Reliance Industries Ltd, one of Asia’s top petrochemical production companies, and Vorbeck Materials Corp., a leading producer of graphene and graphene-based products announced that they have signed a joint development agreement to develop graphene-enhanced synthetic elastomer products. This may help Vorbeck to expand its production pfacility Asia Pacific region and gain the advantage of grwoth in this region.

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Foam Insulation Market - Size, Share, Growth, Analysis, Demand by Region and Forecast to 2027

 The global Foam Insulation Market is segmented by product type, end-use industry, and region.

On the basis of the product type, the global Foam Insulation Market is segmented into the polyurethane (PU) foam, polystyrene foam, polyolefin foam, phenolic foam, elastomeric foam, and others. The polyurethane foam insulation is further segmented into spray polyurethane foam (SPF), flexible PU foam, and rigid PU foam. Polystyrene foam insulation is further segmented into expanded polystyrene foam and extruded polystyrene foam.

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The polyurethane foam insulation accounted for the largest share of the global Foam Insulation Market in 2017 due to their several advantages over other types of foam insulations such as its good thermal insulating properties, low moisture-vapor permeability, high resistance to water absorption, relatively high mechanical strength, low density, easy installation, and low cost. SPF insulations held the major market share in 2017 under polyurethane foam insulation category due to their easy application and performance efficiency and are expected to exhibit a significant demand over the forecast period. However, extruded polystyrene foam insulation is expected to showcase rising growth over the forecast period owing to its high R-value retention over the long period of time.

On the basis of end-user industry, the global Foam Insulation Market is segmented into building & construction, transportation, consumer electronics, and others. Building & construction industry accounted for the largest share of the global Foam Insulation Market in 2017 due to the strong demand for thermal insulations in OCED countries to meet the building codes as well as in emerging economies.

Competitive Analysis

Some of the prominent players in the global Foam Insulation Market are BASF SE (Germany), Covestro AG (Germany), Lapolla Industries, Inc. (U.S.), Huntsman International LLC (U.S.), DowDuPont Inc. (U.S.), SAFCO Foam Insulation (U.S.), CAJUN FOAM INSULATION. (U.S.), SAINT-GOBAIN (France), EnergyGuard Foam Insulators, LP (U.S.), Insulation Northwest (U.S.), PUFF INC (U.S.), Pittsburgh Foam Insulation (U.S.), Owens Corning Commercial Insulation. (U.S.), Recticel NV/SA (Belgium), Armacell International S.A. (Luxembourg), and Johns Manville. (U.S.).

Regional Analysis

The global Foam Insulation Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  North America is expected to be the largest market for foam insulations, followed by Europe. Asia Pacific is expected to be the fastest growing market for foam insulations and is expected to show an exponential growth over the forecast period. The Middle East & Africa and Latin America are also expected to exhibit rising demand for foam insulation from the growing construction industry over the forecast period.

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Flexo-ink Market - Share, Growth, Analysis And Forecast to 2027

 Sun Chemical Group, Flint Group, TOYO INK SC HOLDINGS CO., LTD., HuberGroup Deutschland GmbH, T & K TOKA CO., LTD., SAKATA INX CORPORATION and Siegwerk Druckfarben AG & Co. KGaA among others are some of the prominent players at the forefront of competition in the Global Flexo-ink Market and are profiled in MRFR Analysis.

Flexo-ink Market – Market Overview

Flexo-ink Market are gaining importance in printing industry owing to shorter runs which benefits promoting activities. Packaging being major marketing tool is contributing towards high growth of Flexo-ink Market owing to light weight, good aesthetic properties and help the companies to create a brand image. Moreover, improving economic conditions worldwide is significantly standard of living which is anticipated to drive the global Flexo-ink Market across end use industries.  

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The global Flexo-ink Market is projected to grow with CAGR of 5.72% during forecast period. Growing new technologies in printing industry such as sleeve and adapter technology has contributed more towards improved print quality worldwide, thereby reducing setting time and labor costs. Thus, growing printing industry is another driving factor in the growth of global flexographic inks market. Flexo-inks are available in various forms such as solvent, water and UV based among others. Solvent based flexo-ink has occupied the largest share among the segment in 2016, with 52% market share. Growing demand for solvent-based inks over water based is mainly due to easy penetration of inks on plastic substrates. The main key challenge for water-based inks are more drying time and less press efficiency. Over the years, with increasing government regulations, water based flexo-inks are anticipated to be   evolved as new generation ink market owing to less VOC emissions and lower flammability.  

Flexo inks are prepared combined with resins such as acrylic resin, polyamide resins, cellulosic resins, polyurethane resins and vinyl resins among others. Rising demand for acrylic based flexo-ink in corrugated paper and folding cupboards are expected to drive the overall global Flexo-ink Market. Further, polyurethane resins are having superior properties such as hardness, cure speed, viscosities, mechanical and thermal properties. Owing to high flexibility, polyurethane based flexo ink has gained importance in solvent based Flexo-ink Market. However, to balance the demand of flexo-ink with surging application such as flexible packaging in different regions are likely to open new opportunities for market players. In addition, increase in standard of living and changing climatic conditions are the factors driving the packaging industry in global Flexo-ink Market.

Asia Pacific region is dominating region and accounted for 40% market share in global Flexo-ink Market. Growing investments in R&D for innovative products packaging across cosmetics and pharmaceuticals has significantly propelled the market growth in this region. Europe witnessed considerable growth in global Flexo-ink Market. Stern regulations regarding minimal VOC contain or free VOC contain products are driving high attention in developed regions. Moreover, growing demand for ready to eat meals among consumer with new labels and advertisement campaign are expected to augment the market growth in this region. North America flexo ink market witnessed significant growth with CAGR of 5.39% during forecast period. Key players in food & beverage industry based in U.S. and Canada are spending more on outdoor advertisements which are further anticipated to drive the market growth.

Flexo-ink Market – Competitive Analysis:

Flexo-ink Market appears to be fragmented market owning to the presence of numerous small and large players active in regional market. The strategies traced from the analysis of recent developments of the key players include acquisition and expansion. For instance, Sun Chemical company opened a new automated and advanced technology production facility in Turkey to meet demand of solvent based flexible packaging. Migration of pharmaceutical industries to emerging markets in order to tap opportunities are further fuelling the growth of Flexo-ink Market. Product development and joint venture or collaboration are some of the strategies followed by regional players. Companies like Sun Chemical and BASF are developing solvent free inks to achieve sustainable growth in coming years. Moreover, flint group introduced new range of polyurethane-based inks for high performance flexo printing in packaging industry.

Industry/ Innovation/ Related News:

March 2017 - Sun Chemical Forms joint venture with Alliance Holding Company, LTD. The joint venture, which will operate under the name Sun Chemical Saudi Arabia LTD, combines two of the leading ink suppliers to the packaging and publication market in Saudi Arabia region. This venture also helps to reinforce the growing packaging printing market across the Middle East & Africa.

April 2017 – Sun Chemical launched High Performance UV Flexo Inks based on Next Generation Ink Platform. The new range such as ‘SolarFlex Integra’ and ‘SolarFlex FSP’ are added to global solarflex family replacing the SolarFlex Nova SL range. The new SolarFlex Integra inks are designed for label, sleeve and packaged materials. The company has maintained the food packaging regulation and covered the requirement for migration compliant. The SolarFlex FSP is used for surface printing on flexible films and labels where requirement for migration-compliant food packaging has met.

April 2017 –Flint Group, a printing manufacturer has opened a new development facility for paper & board packaging ink known as ‘Global Innovation Centre’ in Sweden. With state of art facility including analytical tools, contemporary printing press along with innovative workflow has opened new avenues for company to meet customer requirements. This facility provides design developments in paper & board packaging ink business.

January 2017 – Toyo Ink successfully developed Elex-one series of EB curable flexo inks which is completely VOC free. The new Elex-one series mainly used for application such as flexible and carton packaging applications. Growing regulatory norms, has led to the demand for VOC and CO2 reducing technology which gained high importance in North America and European regions.

 February 2017 - Hubergroup is under expansion plan in eastern Europe. The printing-ink manufacturer opens new distribution centres in Russia and Balkans to serve better service to Eastern Europe. The two service centres are improving level of service in Russia market. The first mixing station are for low migration inks in Balkans to meet the growing demand of quality MGA spot inks for food packaging and tobacco products in the region.

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Erosion and Sediment Control Market Size, Share, Growth, Analysis and Forecast to 2027

 Segment analysis:

The global Erosion and Sediment Control Market  has been segmented based onproduct type and end use.

Base on the product type, the global market is segmented into mats, turfs, and blankets; filter socks, logs, and wattles; woven sediment fences and silt fences; filtration systems; sediment basins; and others. The mats, turfs, and blankets segment was valued at USD 1,840.9 million in 2019. However, the filter socks, logs, and wattles emerged as the fastest-growing segment exhibiting a CAGR of 7.10% during the assessment period.These products are used to provide and promote stabilization and control erosion. Mats and blankets are designed to provide erosion control and assist in the establishment of vegetation. They offer protection to bare soils, mostly on slopes, from the impacts of rain. These products are mostly used in developing countries as they are cost-effective, easy to install and provide immediate protection.The filter socks are mainly used for sediment control, stormwater management, and to stabilize and prevent the erosion of channel beds, inclined land masses like river or pond banks, and within living retaining walls.

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Based on end use, the global Erosion and Sediment Control Market  is segmented into highway & road construction, energy and mining, government & municipality, landfill construction & maintenance, infrastructure development, industrial manufacturing, and others. The highway & road construction segment accounted for the largest market share of 33.7% in 2019, registering the highest CAGR of 6.87%.Road construction has increased significantly worldwide in the last decades to meet the demands of the increasing human population; this has led to serious soil erosion problems. Road construction results in hill-slope profile modification, removal of vegetation cover, and the formation of steep slopes prone to severe erosion.Rapid urbanization across the globe results in infrastructure development which is driving the demand for sediment and erosion control.

MRFRhas identifiedTriton Environmental (US), SMI Companies (US), ACF Environmental (US), Silt Management Supplies (US), Construction Ecoservices (US), GEI Works (US), L & M Supply (US), Aussie Erosion Pty Ltd (Australia), Jen-Hill Construction Materials (US), and Geosolutions, Inc (US) as the key players in the global Erosion and Sediment Control Market .

Market Highlights

The global Erosion and Sediment Control Market  is projected to be valued at over USD 95.8billion by the end of 2027and exhibita moderate CAGR of around 6% during the forecast period.

Erosion and sediment runoff have a significant impact on construction and water management systems. Runoff causes dust generation, sediment deposition within storm water drainage pipes and culverts, deposition of coarse sediment in the waterway, sedimentation of wetlands, turbidity within dams, rivers, and ponds, and sedimentation in rivers and oceans. This erosion and sediment runoff adversely affect the health and biodiversity of aquatic life, increase the concentration of nutrients and metals within these water bodies, increases the risk of flooding, cause bank erosion and channel instabilities, and increases the maintenance cost of storm water and water management. Thus, with an increase in occurrences of runoff, erosion and sediment control play a vital role in storm water and water management.

Increased government initiatives and farmers' investments to protect its crops from runoffs and continuous development in erosion and sediment control products have increased the consumption of erosion and sediment control products globally—rainwater runoff and storm water runoff damage property on a large scale. Furthermore, runoff flowing from construction sites carries sediments and other pollutants such as construction material, concrete washout, paints, wastewater, fuels, oil, and solvents. The contaminated runoff is then discharged into local streams, rivers, and lakes. Thus, it is crucial to control erosion and sediment runoff at construction sites to prevent soil erosion by installing wattles, logs, or turfs and blankets. Furthermore, erosion and sediment control are widely used in highways and road construction and drainage pipes to avoid flooding.

Therefore, erosion and sediment control products have witnessed a massive spike in demand globally due to the adverse impact of runoffs.

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EMI & RFI Shielding Materials Market Size, Share, Trends, Growth Factors, Historical Analysis, Opportunities, and Industry Segments Poised for Rapid Growth by 2027

 Market Overview:

India, Maharashtra, Pune - Market Research Future (MRFR) projected the Global EMI and RFI Shielding Materials Market size to touch a valuation of USD 11,210.81 million by 2023. Factors fueling market growth include development of telecommunication infrastructure, compliance with electromagnetic compatibility (EMC)/electromagnetic interference (EMI), and application of EMI shielding on electronic applications. The market can exhibit a stupendous 6.50% CAGR during the forecast period (2018-2023).

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Massive demand for high Internet speeds from end-users has led to massive investment by telecom providers. The use of EMI and RFI coatings to prevent loss of information due to interference can drive market demand exponentially. Deployment of 5G technology in the U.S. and South Korea is likely to offer new expansion opportunities for the market.

But high costs of shielding can act as a growth deterrent.  

Competitive Analysis:

• Chomerics (U.S.)
• Laird PLC (U.K.)
• PPG Industries, Inc. (U.S.)
• Henkel AG & Co. KGaA (Germany)
• RTP Company (U.S.)
• 3M (U.S.)
• Schaffner Holding AG (Switzerland)
• Tech-Etch, Inc. (U.S.)
• AI Technology, Inc. (U.S.
• Orion Industries Incorporated (U.S.)
• MAJR Products (U.S.)
• Holland Shielding Systems BV (The Netherlands)

Segmentation Analysis:

The global EMI and RFI shielding materials market is segmented by material, product, and end-use.

By Materials, metals accounted for 48.36% share in 2017, followed by plastics & polymers, mu-metal, conductive elastomers , carbon & graphite , and others . This can be attributed to the use of metals in EMI shielding components, EMI enclosures, and EMI shielding coatings. On the other hand, plastics and polymers can exhibit 7.02% CAGR over the assessment period owing to the wide scope for metal-filler plastics.

By Product, coatings & paints is expected a robust growth of CAGR by 2023. This can be attributed to the enhanced EMI and RFI shielding property and aesthetic appeal it offers to devices. But the tapes and laminates segment can accrue a robust CAGR due to its corrosion resistance, electrical conductivity, and 100% shielding.

By End-use, consumer electronics accounted for 48.78% share in 2017, followed by IT & telecommunication and automotive.). Consumer electronics can exhibit 6.66% CAGR during the forecast period. The use of RFI and EMI shielding materials on flat-screen displays, laptops, and smartphones can drive the segment growth. The growth is also facilitated by deployment of novel networking technologies. On the flip side, the automotive segment can exhibit 6.10% CAGR during the forecast period. This can be credited to the integration of new electronic devices which warrant EMI and RFI shields.

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Regional Analysis:

Geographically, the EMI and RFI shielding materials market is segmented into Europe, Asia Pacific (APAC), North America, Latin America, and the Middle East & Africa (MEA).

The APAC region accounted for the largest market share in 2017 and is expected to register a CAFR of 6.89% during the forecast period. The explosive growth in consumer electronics and IT & telecommunication sectors can fuel the demand for EMI and RFI shielding materials.

The North America region held close to 20.54% share of the EMI and RFI shielding materials market due to intense demand for consumer electronic devices. The aerospace industry offers a prime opportunity for the market to capitalize on. Aircraft have fallen prey to lightning and solar flares which have caused radiofrequency interference leading to fatalities. RFI shielding materials can help avert disasters and induce the demand for RFI-coated printed circuit boards.

Latin America is touted to exhibit moderate CAGR during the assessment period. This can be attributed to rapid use of smartphones by consumers and development of telecommunication infrastructure to cater to online consumption demands of users.

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Electronic Adhesive Market Size, Share, Analysis, Growth, Trends and Forecast to 2027

 

Market Overview:

The electronic adhesives are used in printing circuit boards, which are then used in many applications such as automotive, medical devices, cell phones, computer storage, and aerospace among others. The growing demand from the developing region across the globe are the major factors driving the global market for electronic adhesive.

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The growing government investments in the development of electronic sector coupled with the augmenting investment in the retail sector are other factors contributing to the growth of the market. Among the various application, printing circuit boards are the dominant segment and are expected to show the same trend during the forecast years. The growing demand for printing circuit boards from applications such as wire tracking, chip bonding, and potting among others is contributing substantially to the growth of the segment.

Competitive Analysis

Some of the prominent players operating in the Global Electronic Adhesive Market are 3M Company (U.S.), Alent PLC (U.K), BASF SE (Germany), H.B. Fuller Company (U.S.), Henkel AG & Co. KGaA (Germany), Indium Corporation (U.S.), LG Chemical Limited (South Korea), Mitsui Chemicals (Japan), Hitachi Chemicals Company Limited (Japan), The Dow Chemicals Company (U.S.), and Kyocera Chemical Corporation (Japan) among others.

Market Segmentation

The global Electronic Adhesive Market is segmented into form, type, and application. On the basis of the form, the market is segmented into liquid electronic adhesive, solid electronic adhesive and paste electronic adhesive. On the basis of the type, the global Electronic Adhesive Market is segregated into electrically conducive, thermally conducive, UV curing, and others. On the basis of the application, the market is further bifurcated into printed circuit boards, semiconductor and the integrated circuit, and others.

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Market Scenario

The electronic conducive type segment is the leading type in the market and is expected to show the same trend during the forecast years. The electronic conductive adhesives also are known as ECA are used as efficient substitutes for traditional lead solders. The advantages such as high electrical conductivity, they have widely used microelectronic industry for packaging.

Regional Analysis

The global Electronic Adhesive Market is spanned across five key regions: Latin America, Europe , North America, Asia Pacific  and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the market and is anticipated show a considerable CAGR during  the assessed  period. The developing end-user industries in the region such as electrical and automotive are expected to fuel the market growth. Moreover, the favorable government policies such as tax benefit and incentives among others has resulted in the shifting of the manufacturing base in the developing regions of  Asia Pacific The key counties attributing to this growth are India, China, and Japan.  North America is the dominant region for the electronic market adhesive. The developed end-user industries coupled with the growing adoption of electronic adhesive are the major factor contributing to the growth of the market. The major countries attributing to this growth are Canada, and U.S. European market of electronic adhesive is expected to show steady growth during the forecast years. Industry. Moreover, the increasing use of electronic adhesives in the automobile industry is driving the market in this region.

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Cooling Fabrics Market Size, Share, Growth, Analysis and Forecast to 2027

 

Market Synopsis

According to the MRFR analysis, the Global Cooling Fabrics Market size was valued at around USD 2 Billion in 2019 and is expected to reach around USD 3.5 Billion by 2027 at a CAGR of around 9%.

Cooling fabrics are functional fabrics with thermoregulating characteristics that maintain body temperature during hot weather and physical activities. The growing demand for sports apparel and protective wearing, rising disposable income, consumer awareness about the benefits of functional fabrics, and an increase in R&D investments propel the growth of the global Cooling Fabrics Market. Moreover, rising demand for cooling fabrics in healthcare and marine applications is likely to bring lucrative growth opportunities for the global market. Furthermore, with the outbreak of COVID-19, various countries have undergone preventive measures, which led to a lockdown of factories and disruptions in trade. Therefore, the demand for global cooling fabrics is expected to decrease during 2020.

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Competitive Landscape

Global Cooling Fabrics Market is highly consolidated with the presence of global, regional, and local players. Manufacturers focus on the R&D of new technologies to maintain a high quality of their products and the innovation of new products to maintain a strong position in the market. Producers are increasingly focusing on a strategic alliance with stakeholders to gain maximum market share in the global market. Furthermore, researchers are increasingly focused on developing fabric with automatic cooling or insulating properties as per the conditions. For instance, the University of Maryland researchers have developed such fabric with high-tech thermal properties.

Segmentation

By Type

• This segment is further divided into natural and synthetic.

• The natural segment is projected to be the fastest-growing segment during the assessment period. This is due to rising inclinations towards biodegradable, breathable, and natural fabrics. This includes fabrics that include cotton, silk, etc.

• The synthetic segment holds the largest market share in the global Cooling Fabrics Market. They offer outstanding physical properties such as endurance, high strength, and stretchability. Furthermore, they give a wide scope for innovation.

By Textile Type

• This segment is further divided into woven, non-woven, and knitted.

• The woven segment is projected to witness moderate growth in the coming decade. Woven fabrics are generally used in protective wearing and have high dimensional stability and strength.

• The non-woven segment is projected to witness notable growth during the assessment period. This is attributed to its low cost and demand in lining fabrics.

• The knitted segment holds the major the share of the global market due to the high stretch properties, fitting, and breathability. Furthermore, this is the fastest-growing segment owing to an increase in R&D investments in knitted cooling fabrics.

By Application

• This segment is further segmented into sports apparel, lifestyle, protective wearing, and others.

• Sports apparel holds the largest share of the global Cooling Fabrics Market owing to the growing demand for functional fabrics in sports and activewear. Many researchers are focusing on developing high-tech cooling fabrics for Olympics players and marathon runners.

• The lifestyle segment is expected to witness moderate growth in the assessment period due to rising disposable income and increasing awareness among end-users about the benefits of cooling fabrics.

• Protective wearing is expected to witness the fastest growth in the global Cooling Fabrics Market owing to the rising investments in the biotechnology and pharmaceutical industries globally.

• The others segment is projected to witness the fastest growth in the global market. This segment includes applications such as marine, health apparel, and other leisure-related activities.

By Region

• North America: Market growth is driven by the presence of advanced technologies, growing demand for sports apparel and protective wearing, and large-scale end-users. 
• Europe: Growing demand for comfortable clothing, an increase in the number of sports events, and the presence of global producers in Europe are driving the market in the region.
• Asia-Pacific: It is the fastest-growing regional market due to the large textile industry and escalating economies.
• Latin America: High temperature and rising awareness among consumers about the benefits of cooling fabrics are driving the regional market. 
• Middle East & Africa: Demand for sports apparel and protective wear and growing economies are the key factors driving the market in the region.

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Conductive Textile Market - Analysis, Growth, Share, Forecast to 2027

 Market Synopsis

Global Conductive Textile Market is expected to grow at 16.3% CAGR during the review period.

The growing demand for conductive textiles in healthcare, sports, consumer electronics, and military & defense applications is likely to drive the market growth at a significant rate during the review period. However, the high costs associated with the finished products are likely to affect market growth.

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Segmentation

By Fabric Type: The Conductive Textile Market can primarily be categorized into nylon, cotton, polyester, and others.

• Nylon— Nylon is one of the commonly used synthetic fiber in making fabrics. It possesses superior properties, including durability, elasticity, and resistance to heat, water, & abrasions.
• Cotton— Cotton fabric is the most popular and highly produced fabric. Cotton fabric is being used in a wide array of applications owing to its superior properties, such as softness, high tensile strength, and excellent breathability.
• Polyester— The polyester fabric segment accounted for the largest share of the global Conductive Textile Market in 2019. It is widely used in sportswear and jacket owing to its shrinkage resistance and high strength properties.
• Others

By Product Type: The global Conductive Textile Market has been segmented into woven textile, non-woven textile, and knitted textile.

• Woven Textile— The woven segment accounted for the largest share of the global Conductive Textile Market in 2019 and is likely to grow at a significant CAGR during the review period. Woven conductive fabric is made by weaving. The metals such as silver, nickel, and copper are being used in various combinations to make woven conductive fabrics. Woven conductive fabrics find application in EMI/RFI gaskets and garments, curtains, pouches, and passive static eliminators, among others.
• Non-Woven Textile—The non-woven conductive fabrics are made using long bonded fibers. This fabric can also be laminated with coatings for corrosion protection and enhanced EMI shielding effectiveness. Non-woven conductive fabrics are more durable compared to other types of fabrics.
• Knitted Textile— Knitted conductive fabrics possess superior stretchable properties and are resistant to change once the fabric gets stretched and thus is used as a stretch sensor. Knitted fabrics are being widely used in smart wear.

By End-Use Industry: The global Conductive Textile Market has been segmented into military & defense, healthcare, sports & fitness, consumer electronics, and others.

• Military & Defense— The military & defense segment accounted for the largest share of the global Conductive Textile Market in 2019 and is expected to register significant CAGR during the review period. The growing demand for durable and protective clothes is driving the demand for conductive textiles in this segment.
• Healthcare— The demand for conductive textiles in the healthcare segment is likely to grow at a significant rate in the coming years to monitor health. It helps detect chronic diseases such as diabetes, cardiovascular, and respiratory ailments.
• Sports & Fitness— Increasing health consciousness among the consumers has resulted in increased spending on sports and fitness activities, which is likely to drive the segment growth at a significant rate.
• Consumer Electronics— Conductive textiles are being increasingly used in consumer electronics such as smartwatches, multimedia players, and augmented headset, among others, owing to their superior properties.
• Others

By Region: The global Conductive Textile 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 notable CAGR during the review period on account of the growth of the end-use industries.
• North America: The established presence of the military & defense and healthcare industries is likely to drive the growth of the North American Conductive Textile Market.
• Europe: The expanding healthcare industry, coupled with expanding geriatric population 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.

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Ceramic Fiber Paper Market Size, Share, Demand by Segmentation, Top Key Player and Analysis by 2027

 

Market Highlights

The Global Ceramic Fiber Paper Market is estimated to be valued at USD 803.0 Million by the end of 2026 and record a CAGR of 8.28% during the forecast period. The use of ceramic fiber paper for insulation purposes has become very popular nowadays due to its low thermal conductivity. The increasing infrastructure development and renovation activities across the world are significantly contributing to the growth of the global market.

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Segmental Analysis

According to MRFR analysis, the global Ceramic Fiber Paper Market has been segmented based on thickness type, application, and region. 

By thickness type, the global Ceramic Fiber Paper Market has been categorized into 1mm, 2mm, 3mm, and others. Among them, the 3mm segment held the largest market share of over 25% in 2018 due to its widespread application in high thermal packaging and sealing, insulating hot automotive parts, and packaging of gas burners on account of its thickness.

By application, the global Ceramic Fiber Paper Market has been segmented into construction, aerospace, petrochemical, automotive, and others. Among these, the construction segment was the largest segment in 2018 due to the high demand for ceramic fiber paper as an insulation material to conserve the indoor building energy and comply with the regulatory standards. The segment is projected to register a CAGR of around 9% during the forecast period.

Regional Analysis

Geographically, the global Ceramic Fiber Paper Market has been divided into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, the Asia Pacific market was the dominant regional market, accounting for the largest share of around 38% in 2018 and is expected to register the highest CAGR during the forecast period. Asia-Pacific is followed by North America, which accounted for the second-largest share of the global Ceramic Fiber Paper Market in 2018. Europe followed North America, in terms of market size in 2018. The Middle East & Africa and Latin America held small shares of the global market.

Market Players

Market Research Future (MRFR) recognizes the following companies as the key players in the global Ceramic Fiber Paper Market: Morgan Advanced Materials (UK), Rath-Group (Austria), Unifrax I LLC (US), Lydall, Inc (US), Thermostat Thermotech Co., Ltd (China), Great Lakes Textiles (US), Ibiden Co. Ltd (Japan), Yeso Insulating Products Company Limited (China), Grupo Nutec, SA (Mexico), and KT Refractories US Company (US).

Key Findings of the Study:

• The Global Ceramic Fiber Paper Market is projected to register a CAGR of 8.28% to reach USD 803.0 million by the end of 2026.
• On the basis of thickness type, the 3mm segment was valued at USD 117.3 million in 2018 and is expected to register a CAGR of over 7.5% during the forecast period.
• Based on application, the construction segment is expected to reach USD 275.2 million by the end of 2026.
• Asia-Pacific accounted for the largest market share of over 38% in 2018. The regional market was valued at USD 162 million in 2018 and is expected to exhibit a CAGR of over 9% during the forecast period.

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Decorative High-Pressure Laminates (HPL) Market Size, Analysis, Growth, Segmentation, Top key Player, and Forecast to 2027

 Market Insights:

Market Research Future will be publishing a cooked research report on “Global Decorative High-Pressure Laminates Market” that contains the information from 2016 to 2023. The global decorative high-pressure laminates market is expected to exhibit a CAGR of 5.3% during the forecast period 2016–2023.

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Market Research Future (MRFR) recognizes the following companies as the key players in the global decorative high-pressure laminates market: Formica Corporation (US), Greenlam Industries Limited (India), Merinolaminates (India), Stylam Industries Limited (India), Pfleiderer (Germany), Wilsonart LLC (US), OMNOVA Solutions Inc (US), Abet Laminati S.p.A. (Italy), Panolam Industries International, Inc (US), and Fundermax (Austria), among others.

Segment analysis

The global decorative high-pressure laminates market has been segmented based on application, end-users, and region. On the basis of application, the furniture & cabinets segment accounted for the largest market share of 59.93% in 2018 and is expected to register the highest CAGR of 5.36% during the forecast period. This is attributed to the advanced design in decorative laminates for furniture & cabinets. In addition, manufacturers are planning to introduce innovative laminates in the furniture & cabinet applications.

Based on end-users, the global market has been categorized into residential, commercial, and transportation. Among these, the residential segment dominated the global market with a share of 57.94% in 2018 and is projected to reach USD 8,447.5 million by the end of 2025. This is attributed to the diverse applications of HPL such as table tops, kitchen countertops, vanities, and flooring, as well as vertical surfaces, e.g., doors. This makes HPL highly versatile in nature. Furthermore, the commercial segment is projected to exhibit the highest CAGR of 5.81% in the following years on account of increasing adoption of HPL in the manufacturing of flooring and table tops.

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Market Highlights

The decorative high-pressure laminates market is projected to be valued at USD 14,857 million by the end of 2023 and register a CAGR of 5.3% during the forecast period. Decorative high-pressure laminates (HPLs) are manufactured by saturating numerous layers of Kraft papers with phenolic resin and are fused with pressure and heat. A layer of printed decor paper is placed on the top of the Kraft paper before applying pressure.

HPL is the direct descendent of the original plastic laminate. It is one of the most durable decorative surface materials and is available with superior performance properties including fire and wear resistance. Medium-density fibreboard (MDF) or particleboard is the preferred substrate as they provide a durable, stable, consistent, and economic foundation. HPL is the preferred choice for horizontal surfaces including countertops, flooring, and desktops, owing to their superior durability.

The adoption of HPL in furniture and cabinets is increasing on account of an upsurge in the use of ready-to-assemble furniture and cabinets. Moreover, HPL is highly robust and versatile; and offers an aesthetic look for both horizontal and vertical applications in residential and office furniture. HPL is highly resistant to external stress such as crack, heat, abrasion, and moisture, which further help in the effective manufacturing of furniture and cabinets.

HPL finds widespread applications in the residential sector. It is one of the safest and hygienic materials used in the architecture, construction, and designing of home interiors. Moreover, it offers anti-fungal and anti-bacterial properties, which help to ensure that the furniture manufactured using HPL in the kitchen such as table tops, vanities, countertops, and flooring are microbe-free.

However, the only bottleneck in the growth trajectory of the global Decorative High-pressure Laminates Market is the fluctuating raw material prices. Nevertheless, enhancement in the printing techniques with advanced graphics and manufacturing of eco-friendly laminates are expected to offer lucrative opportunities to the market players operating in the global market.

Regional Analysis

The global decorative high-pressure laminates market is studied with respect to five key regions, namely Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, the Asia-Pacific market accounted for the largest market share of 47.26% in 2018 and is projected to register a substantial CAGR of 5.61% by 2023. The market in North America was the second-largest after Asia-Pacific and is projected to be valued at USD 3,403.8 million by the end of 2023. The European market held a substantial market share of 17.87% in 2018.

Key Findings of the Study:

• Global decorative high-pressure laminates market is projected to reach over 2,351.5 million sq. meter by 2023 with a healthy CAGR of 4.99% during the assessment period, 2018–2023
• The Asia-Pacific market accounted for the largest market share due to the robust growth of the construction industry in the economies such as India, Thailand, South Korea, and China
• The furniture & cabinets application segment held the largest market share of 59.93% in 2018 and is expected to be valued at USD 8,930.7 million by the end of 2023
• The residential end-use segment dominated the global market with a share of 57.94% in 2018 and is estimated to exhibit a notable CAGR of 81% during the review period
• Some of the leading players operating in the global decorative high-pressure laminates market are Formica Corporation (US), Greenlam Industries Limited (India), Merinolaminates (India), Wilsonart LLC (US), and Panolam Industries International, Inc (US), among others.

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Cement Market Size, Share, Growth, Analysis, Demand by Region and Forecast to 2027

 Competitive Analysis

The variety witnessed in terms of strategy creation and execution is changing the development pace of the market. The gaps in the market are filled owing to the carrying out of appropriate supply chain strategies. Additionally, the expansion of new products and services will add further momentum to the market development. The framework for growth plans has equipped the market for possible new entrants.

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The development in the products and services is the principal factor increasing the market's efficiency and controlling the trends that are gaining distinction in the market. The influential success factors and players’ preferences are slowly but surely mounting by the strategies being used by market contenders. The key competitors working in the market for cement globally are   Holcim Ltd, Lafarge, Anhui Heidelberg Cement AG, Conch Cement Company Ltd, China National Building Material Company Ltd., CEMEX S.A.B. de C.V., Jidong Development Group Co. Ltd., Mitsubishi Materials Corporation, UltraTech Cement Limited, and Shanshui Cement Group Ltd.

Industry Updates:

Sep 2018 Cemex is planning to restart commercial production on the second kiln at its South Ferriby cement plant in November 2018. The company says that this investment highlights its confidence in the long-term potential of the UK building materials market. Once fully ready both kilns at the plant will give it a production capacity of 0.7Mt/yr.

Sep 2018 Dangote has unveiled its new BlocMaster Cement, describing it as extra strong and ideal for block moulding in Nigeria. It had been tested and approved by builders throughout Nigeria making it particularly useful during the rainy season. BlocMaster is reportedly suitable for all construction purposes and Dangote hopes it will help address the issue of building collapse in Nigeria.

Global Cement Market – Overview

The burgeoning construction sector globally is fuelling the market growth for cement. Market reports connected with the construction industry have been made accessible by Market Research Future who publishes reports on other sectors that have been currently published along with a report on this industry. The market is projected to expand at an 8 percent CAGR in the duration of the forecast period.

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The industry which is an indicator of economic health is showing ascendant levels of growth in the recent years. The rising levels of construction projects being launched worldwide are spurring the market’s expansion. Due to these market developments manufacturers are boosting their production capacities and engaging in research and development to back this growth phase of the Cement Market. The rising level of investment by individual in multiple properties is another factor powering the growth of the market.

Segmental Analysis

The segmentation of the global Cement Market is carried out on the basis of type region and application. On the basis of Type, the Cement Market globally has been segmented into rapid low heat cement, high alumina cement, hardening cement, colored cement, white cement, hydrographic cement and other. On the basis of application, the Cement Market globally is divided into construction and infrastructure. The regions that are a part of the market are North America, Asia Pacific, Europe and rest of the world.

Detailed Regional Analysis 

The regional analysis of the market consists of regions such as North America, Asia Pacific, Europe and rest of the world. The Cement Market for the most part depends on the global construction and building activities. The Cement Market is highly driven by applications and systems are getting popularity from various end user. The Asia Pacific region is likely to be responsible for the largest portion, in terms of value, of the Cement Market globally. This can be largely attributed to the construction and expansion of infrastructure. The government initiatives such as growth of smart cities are giving a huge boost to the sector. The North American and European region are followed by the Asia Pacific region. An escalating number of limestone detections in the east and the simplicity of the transport system have led to the speedy growth of cement industry.

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Cellulose Sponge Market: Share, Analysis, Growth, Trends, Segmentation, Top key Players and Forecast by 2027

 By Region

• North America: Market growth is driven by the presence of a large industrial basein the region. Expanding end-use industries, especially medical, cosmetics, chemicals, and others, arethe key factor driving the market growth.
• Europe: European region is a well-established market. Increasing demand for cellulose spongesacross major end-use industries is expected to propel market growth. The automotive industry in the region is the key factor driving the demand for cellulose spongesin the region.
• Asia-Pacific: It is the fastest-growing regional market.An increase in water & wastewater treatment carried out in the region due to the fast-paced industrialization is a prime factor driving the global market growth.
• Latin America:Rapid industrialization in countries such as Brazil and Mexico is projected to drive market growth during the assessment period.

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Market Forecast

The global Cellulose Sponge Market is expected to exhibit a CAGR of over 4% to reach USD 3.6 billion by the end of 2027.

Cellulose spongesare made from cellulose.These spongesare made from a sustainably harvested natural resource and are disposable and 100% biodegradable. These are exceptionally absorbent, great at holding liquid and work well on various types of surfaces.

Regulatory Framework

The ASTM WK28302 and WK26967 Sponge Inspection Test are used for the determination of cleaning efficacy of hard surface cleaning sponges in the pre-production stage, production stage, and pre-shipment stage.

Some of the chemicals identified as the HAP emitted in the largest quantities from cellulose ether operations by the Environmental Protection Agency include ethylene oxide, methanol, methyl chloride, and propylene oxide were

The regulatory standards for this sector, primarily consist of emission limits , which are regulated bby percent reduction from process vents and storage vessels.

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Segmentation

By Type

• This segment is bifurcated into synthetic and natural.
• The natural cellulose sponge segment is expected to register a higher CAGR during the review period owing to its biodegradability. Natural cellulose sponges are made from a mixture of hemp fibers, sodium sulfate crystals, softeners, and wood pulp (cellulose). Few other materials such as flax are to provide added chemical resistance, strength, and other desirable properties.
• Synthetic sponges are made from polyester foam and are very durable, elastic, light, economical, and more chemically resistant than any other sponges.

By Application

• This segment is classified into household, automotive, chemical, cosmetics, medical, monofilaments, packaging, and others.
• Cellulose Sponge Market are used in general cleaning, kitchen and bathroom products. Cellulose sponges are the most common type of kitchen sponges, widely used for dishwashing, cleaning countertops, sinks, appliances, floors, etc. The segment is likely to grow at the highest CAGR.
• The various applications of sponge can be the solution for lubricating parts, oiling & sealing.
• Cellulose sponge is a luxury, hypoallergenic and biodegradable product. Its natural fibers are very absorbent, which retains fluids and enables an even spread of all liquids and are widely used for exfoliating. These are available in personalized volumes, shapes, and a wide variety of colors.
• It is used in the chemicals industry for various applications such as ship-building (for sealing cable ducts in cable bulkheads), petrochemical Industry (various filtration processes), cooling processes (absorbing moistures), and labs for microbiological analysis.
• Sampling devices, electrotherapy, wound care products, eye surgery, and bone regeneration are some of the key applications of cellulose sponge in the medical industry.
• Used at the end of the line to absorb and wipe off the excess liquids during the development of monofilament to be used for artificial turf, tennis strings, brushes or fishing lines, the demand for cellulose sponge is expected to increase.
• Consumer packaging, transportation packaging of hazardous liquids, cosmetic packaging, and add-on promotion are few packaging applications of cellulose sponge.
• The others segment includes plastic processing, strapping manufacturing, printing, among others.

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Castor Wax Market Size, Share, Growth, Trends and Forecast by 2027

 Market Overview:

Castor wax find its applications in divers sectors namely from  household to the industrial applications it has found its way into various industries. There is still much more to explore about its ever increasing applications over synthetic waxes. Among other applications of castor wax, their use as a lubricant, grease, polishing agent, heat sealing adhesives is leading the market at present, particularly in Asia Pacific. It is anticipated that in the coming years castor wax will see sharp rise in demand in cosmetics and personal care industry. Followed by personal care, healthcare and food & beverages would help push the growth of the market further. This trend is likely to continue for the entire forecast period. In addition to this, the growing sentiments in favor of the use of oleo chemicals is poised to boost the market of castor wax. Asia Pacific is anticipated to remain the largest producer and emerge as lading consumer of castor wax in the coming years.

Competitive Analysis:

Key players in the global Castor Wax Market are Jayant Agro-Organics limited (India), Gokul Refoils and Solvent limited (India), Adya oils and chemicals limited (India), Liaoyang Huaxing chemicals group corp. (India), Hokoku Corporation (China), BOM Brasil Oleo De Mamona (Brazil), Enovel (Brazil), Frank B. Ross Co. Inc. (US).

The study was conducted using objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to SWOT analysis of key vendors.

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Market Segmentation:

The global Castor Wax Market has been broadly segmented on the basis of applications, end use industries, and region. Based on applications the market is segmented into personal care, healthcare, lubricants, grease, polishing agent, and others. Wherein lubricants and grease dominated the market till 2016, particularly in Asia Pacific. In future, during the forecast period, personal care and healthcare are expected to drive the market forward. Additionally, characteristic features of castor wax such as emulsifier, plasticizer, dispersing agent make them the most preferred ingredient in cosmetics & personal care industry and paints industry as well. The understanding of masses regarding the vast and ever increasing uses of castor wax is growing swiftly which help boost its demand during forecast period. Strict regulations by developed countries against the use of synthetic waxes in various application such as personal care and food coating would see the rise in the global market of castor wax.

On the basis of end use industries global castor waxes market has been divided into cosmetics and personal care industry, paints and coatings industry, pharmaceutical industry, automotive industry, textile industry, paper industry, leather industry, and others. Among them castor wax is majorly used in petroleum industries for manufacturing bio-lubricants and grease, till 2016. Cosmetics and personal care industry is anticipated to lead demand of castor wax during the forecast period and even after that. Growing demand for natural remedies and ayurvedic medicines around the world is expected to boost the market of castor wax in pharmaceutical industry. Research and development initiatives undertaken by industries in diverse sector is expected to push the demand of castor wax. Significant number of industries are shifting from the use of petrochemicals to oleo chemicals. In addition to the government policies, the growing corporate sentiment in favor of green chemistry is anticipated to take the demand for castor wax further.

Regional Analysis

Asia Pacific is leading the global Castor Wax Market . It accounts for more than 50% of its global market share as of 2016. Throughout the forecast period the region is expected to remain dominant. The largest installed capacity of castor wax production and leading cultivator of castor seed in India and China are the propellants of regional market. Apart from that, growing applications of castor wax in cosmetics and personal care, pharmaceuticals, and food industries in the region would be the drivers of growth in the region. The present demand of castor wax in making bio-lubricants and grease, in the region, is also anticipated to grow further during the forecast period. Western Europe is the second largest market for castor wax, followed by Asia Pacific. The regional growth of the market is driven by demand from end use industries namely cosmetics and pharmaceuticals. UK and Germany are expected to lead the regional market owing to increasing industrial and household applications. Latin America stands third in the global Castor Wax Market with Brazil accounting for more than 70% of regional market share.  North America comes third in terms of market size of castor wax in the world. Wherein, USA is the leader followed by Canada. Lastly, other regional markets such as Middle East, Africa, and Eastern Europe are expected join the hands with present leading regional markets to take the global Castor Wax Market ahead during forecast period and even after that.

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Calcined Bauxite Market - Size, Share, Growth, Analysis, Demand by Region and Forecast to 2027

 

MRFR recognizes the following companies as the key players in the global calcined Bauxite Market—Great Lakes Minerals, LLC (US), LKAB (Sweden), EK-COMPANY AG (Germany), Bosai Group (China), First Bauxite LLC (US), Boud Minerals Limited (UK), Saurashtra Calcine Bauxite & Allied Industries Ltd (India), and Sinocean Industrial Limited (China).

Market Highlights

The global calcined Bauxite Market is projected to be valued at USD 2,159million by the end of 2028,registering a CAGR of more than 5.15%during the forecast period.

Calcined bauxite is produced by sintering high alumina bauxite at temperatures between 1,600 to 1,800°C. Calcined bauxite is an ideal choice of material used in the production of various types of refractory materials. This is attributed to its ability to withstand extremely high temperatures and corrosive environments prevailing inside the blast furnaces. In addition to this, calcined bauxite is widely used in producing a variety of abrasives on account of its high grain hardness and angular shape.

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The key driver of the global calcined bauxite market is its extensive use for brown fused alumina, further used to produce refractory materials. Brown fused alumina is produced by mixing calcined bauxite, anthracite, and iron filings, and additives in specific proportions to be heated together at about 2,250℃ temperature.Brown fused alumina is an extremely hard material with high bulk density and a nineon the Mohs scale of mineral hardness. The growing use of high alumina refractories in the steel production process is likely to fuel up the demand for the calcined bauxite market over the forecast period. This growth can be attributed to the high demand for steel across end-use industries such as construction, automotive, and aerospace.

In addition to this, brown fused alumina is used in the production of abrasives such as grinding wheels, sandpaper, and blasting media is projected to provide an additional boost to the product demand.Brown fused alumina is widely used to produce a wide range of refractory materials on account of its corrosion resistance and thermal resistance.

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COVID Impact Analysis

The market witnessed a negative impcat on account of the dependency of major calcined bauxite manufacturers located in North America, Europe, regions ofChina, India, and Guinea. The disruption in shipping networks created an acute shortage of bauxite in the market, thereby resulting in increased input costs for calcined bauxite manufacturers. The outbreak of the COVID-19 pandemic and subsequent implementation of lockdown strategies across the globe affected the logistics networks, which had a direct effect on the supply-demand of calcined bauxite to the world.

Segment Analysis

The global calcined Bauxite Market has been segmented on the basis of purity, application, and region.

Based on the purity, the global calcined bauxite market is bifurcated into high purity and low purity. The high purity segment was valued at USD 1,074.59 million in 2020 and emerged as the faster-growing segment registering a significant CAGR during the assessment period. Refractory grade bauxites, also known as high purity bauxites, have a high alumina content and low alkali content with low impurities (iron oxide and titania specifically), ensuring stable temperature strength. Key applications of high purity calcined bauxite include high alumina refractory bricks and castables for the iron & steel, cement, glass, and oil industries.

On the basis of application, the global calcined bauxite market is segmented into abrasives, refractory materials, metallurgy, road surfacing, and others. Among these, the refractory materials segment accounted for a significant market share in 2020. Refractory bauxite is produced by sintering raw bauxite at more than 1,500°C, which results in a high aluminum content and low impurity. It is widely used to manufacture shaped and unshaped refractory products for the steel industry, foundries, glass, and cement plants.

Key Findings of the Study:

• The global calcined Bauxite Market is projected to reach a value of USD 2,159 million by 2028,at a CAGR of around 5.15% during the forecast period from 2021 to 2028.
• Asia-Pacific accounted for the largest market share in 2020 due to the presence of large bauxite ores in countries such as China, India, and Australia.
• Latin America is expected to be the second-fastest growing regional market registering a CAGR of over 5%.
• The market in the Middle East & Africa is likely to witness significant growth owing to Guinea being a key contributor to bauxite production.
• The growing use of renewable energy in the calcination process is a key opportunity for the players engaged in the global calcinated bauxite market.

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Bismuth Market Size, Share, Growth, Analysis, Demand by Region and Forecast to 2027

 

Market Synopsis

The global bismuth is bound to grow significantly, reaching USD 302.39 MN with CAGR of 4.15% during forecast period (2016-2022), states Market Research Future (MRFR). Escalating environmental regulations for lead usage in various end-use industries benefit the bismuth market. Bismuth metal is not toxic and poses no threat to the environment, enhancing its demand. Also, stringent regulations and initiatives by manufacturers to phase out lead production spur the bismuth market growth. The growing automotive industry which uses bismuth in rust free coatings, pearlescent coatings, brake linings, and clutch pads are also deemed to provide traction for the bismuth market demand over the forecast period. Other than this, growing base metal tungsten production is projected to increase bismuth supply in the market. It’s been observed that new entrants are venturing in with high production capacity which increases the competition within the bismuth market.

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On the flip side, rigid regulations and mandates related to contamination of resources and water footprint monitoring undermine the market growth. However, increasing research activities to explore additional uses of bismuth, its physical and chemical traits will elevate the product utilization in more applications around the world, positively impacting the bismuth market.

A trend that is making its way into the global market is the use of bismuth as an anode for Sodium-Ion Batteries (SIB).

Key Vendors

The key vendors in the bismuth market are Hunan Jinwang Bismuth Industry Co. Ltd (China), Hunan YuTeng Nonferrous Metals Co. (China), Geotech Internation B. V. (Netherlands), and Orrion Chemicals (Europe).

The key players in the market continuously conduct researches and development activities to boost the product sales, enhance their brand, and increase their profitability.

For instance, ANSTO recently contributed to a research conducted by the University of Sydney, involving doping transition metals in a polymorph of bismuth oxide with the aim to gain more structural stability. The group of professors of the University of Sydney and researchers from ANSTO has achieved the design and understanding of the complex crystal structure. They have also tried to understand the chemistry behind a commensurate structure within the fast-ion conducting stabilized bismuth oxide, co-doped with chromium and niobium, Bi23CrNb3O45.

Market Segmentation

The bismuth market has been segmented on the basis of types, applications, and region.

On the basis of type, the market is segmented by bismuth oxide, bismuth oxychloride-BiOCI, bismuth subnitrate, bismuth subcarbonate and bismuth aluminate. The bismuth oxide market has witnessed significant growth due to its application in fireworks industry. It is commonly used to produce the dragon's eggs effect in fireworks, replacing red lead.

By application, the market is segmented by pharmaceutical, cosmetics, construction industry, automotive industry, chemical industry and others. Rising disposable income of the working-class population in emerging nations, growth in demand for pharmaceuticals & cosmetics has been witnessed, resulting in increased demand for bismuth.

Regional Analysis

By region, the global bismuth market is segmented on the basis of Asia Pacific, the United States of America (USA), Europe, Middle East and Africa.

Considering value and volume, Asia Pacific is the leading market during the forecast period. Presence of large-scale bismuth manufacturers in China boosts the growth of the market. Growing population and development of manufacturing facilities by prominent market players in this region trigger the market growth immensely.

North America and Europe are expected to be the highest consumers of bismuth oxide. The North America market for bismuth is mainly driven by chemical industry. Huge demand for bismuth from personal care and pharmaceuticals fuel the market growth. In pharmaceuticals sector, bismuth is used in manufacturing of tablets and ointments. In personal care products, bismuth is used in cosmetic products such as eye shadows, nail polishes, and creams among others.

On the other hand, Europe bismuth market enjoys immense growth due to its application in metal processing, as replacement to lead compounds. Bismuth is also used as metal additives in galvanizing and casting processes. Also, bismuth is used in specialty applications such as solders, and high precision castings. Its applications in many industries increase its appeal, resulting in heavy demand.

The Middle East and Africa market are exhibiting promising growth due to increasing per capita disposable income and high sales of personal care products combined with strong consumer base for various cosmetics items in this region.

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Bio Polymers Market Analysis, Research Report, Size, Share, Growth, Industry Segmentation and Forecast (2021-2027)

 BASF SE, Braskem S.A, Biome Technologies Plc, Plantic Technologies Limited, Bio-on S.p.A., Novamont S.P.A, Toray Industries Inc, Tianjin GreenBio Materials Co., Ltd, Danimer Scientific, Rodenburg Biopolymers among others are some of the prominent players at the forefront of competition in the Global Bio Polymers Market and are profiled in MRFR Analysis. 

Bio Polymers Market – Overview

Bio Polymers are predominantly utilized in numerous end use industries such as agriculture, packaging, pharmaceutical, construction, automotive, and others. Bio Polymers market is predicted to witness strong growth owing to rising demand for premium food packaging and bottles across the globe. Among end use segment, packaging is predicted to register strong growth in the upcoming future due to rising demand of films, and bottles across the globe. Furthermore, rising automotive production and sales along with the increasing use of biopolymers in the manufacturing of automobile parts is predicted to fuel the demand of biopolymers over the forecast period.

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Geographically, Europe emerged as the largest market for bio polymers in 2016 and is expected to retain its dominance over the assessment years due to increasing demand from packaging and automotive. In North America, U.S. and Canada are among the major contributor in the regional market growth due to robust consumer base for packaging and pharmaceutical products.  Asia Pacific is estimated to witness healthy growth owing to growing demand from various end use industries specifically in China, India, Japan, and South Korea. In Addition, economic growth in this region along with rapid industrialization has enabled greater production and sales of vehicles, films, and bottles. Moreover, increasing demand for good quality packaging along with rising utilization of biopolymers in the manufacturing of packaging films and bottles is expected to propel the growth of the market. Moreover, increased investment by key players in their R&D activities and shifting of bio polymers production facilities as well as significantly rising end use industries in this region is predicted to fuel the bio polymers regional market growth. Europe is predicted to witness strong growth on account of high adoption rate among end use industries and strict regulations regarding the use of synthetic based products in numerous countries such as Germany, Italy, Spain, and UK. The Middle Eastern & African market is expected to register moderate growth due to continuous growth of construction and pharmaceutical industries. Latin American countries such as Mexico, Argentina, and Brazil is predicted to register healthy growth owing to increasing disposable income along with strong consumer base for automotive industry.

Competitive Landscape:

The Bio Polymers Market report has analysed the level of competition among the key operating players as well as manufacturing sector growth and market scenario. The global bio polymers market comprises of various manufacturers operating in the market which comprised of large scale and medium size manufacturers. This market is at its growing phase, which represent above average stats in terms of market and overall volume. Some of the prominent market players operating in the global bio polymers industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Malaysia, and Japan. Furthermore, the major operating players have shifted their focus on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are expanding their manufacturing capacity of bio polymers to meet the rising demand for bio polymers. Furthermore, some of the manufacturers has launched a series of product to enhance their position in the market.

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Industry/ Innovation/ Related News:

 September 2017- Earth Science Tech, Inc. announced an agreement with Axcelon Biopolymers Corp. for the distribution of their Nanoderm Biopolymer products in Djibouti and Morocco. Nanoderm product is widely used in clinics, hospitals, and the general public for numerous wound treatments including scratches and burns. With this agreement, the company increased its presence in North African countries.

March 2017- Solegear Bioplastic Technologies, established an agreement on which the company announced three year partnership with Braskem to produce and distribute wide range of household recycling containers under its good natured brand. Braskem produced their I’m green material from Brazilian sugarcane, to be drop in biopolymer substitute to conventional polyethylene. This strategic partnership provide company new markets and strengthen the company’s growth in North America.

November 2016- Corbion NV, the Dutch company and Total SA announced to construct a PLA factory with a capacity of 75,000 tons at Corbion’s existing site in Thailand. The new plant started operation in the first quarter of 2017. The joint venture will utililize Total’s technical and marketing knowledge and Corbion’s expertise in lactic acid and biopolymers, which will further accelerate the growth of these two companies.

November 2016- Bio-on announced to start manufacturing of its own special biopolymers at a new plant with capacity of 1000 tons/year. This plant completed in 2017 with the predicted investment of Euro 15 Million. With this strategic move, the company enhance its presence among global biopolymer manufacturers.

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