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Rubber Transmission Belt Market Size, Share, Growth and Trend Analysis, 2015 to 2025

18 January 2019, the global Rubber Transmission Belt Market size is expected to reach at USD 4.41 billion by 2025. It is anticipated to expand at a CAGR of 3.0% from 2017 to 2025. The market is witnessing increased demand due to infrastructure development, particularly in Asia Pacific, and rapid industrialization and urbanization across the globe. Furthermore, governments of various countries are implementing strategies to attract investment in mining sector, which in turn, is projected to increase the demand for rubber transmission belt over the forecast period.

Infrastructure development and increasing mining and industrial sector in Brazil, Chile, Mexico, Russia, Ukraine, Poland, and Africa are projected to augment the demand for rubber transmission belt. Furthermore, governments of certain countries in South America are forcing on the development of mining industry. For instance, Brazilian government created the National Mining Agency, which focuses on implementing transparent strategies to increase investments in mining sector.

Inclination towards development of clean and green cities is expected to provide growth opportunity for the rubber transmission belt industry over the forecast period. Various municipal corporations are investing in green and waste-free cities to reduce carbon footprint. For instance, investment in the Smart Cities initiatives by Indian Government has resulted in increased investments from domestic and internal players in the regional market.

Browse Details of Report @ https://www.hexaresearch.com/research-report/rubber-transmission-belt-market

In 2017, solid woven conveyor belt segment held 50.5% revenue share in the global rubber transmission belt market. This type of transmission belt is widely used in harsh environments and underground mines. Increasing mining activities in Asia Pacific and South America regions are projected to fuel the demand for solid conveyor belts over the coming years.

Companies operating in the market are investing in product development to gain competitive edge. Companies are using synthetic polymers, such as PVG nitrile, which provide low temperature capabilities. The all-polyester, single-ply interwoven carcass provides low stretch, good fastener retention and tear resistance, all at an economical price.

Industrial application segment led the market in 2017, accounting for 53.7% of the overall revenue share. High investments in food and beverage, chemical, and pharmaceutical industries are projected to increase demand for rubber transmission belt. For instance, implementation of the National Chemical policies by the government of India to increase investments in chemical sector will offer new growth opportunities.

Furthermore, chemical and pharmaceutical manufacturers are shifting their manufacturing facilities to India, Japan, and china on account of the presence of cost-effective and skilled labor. This is projected to propel the rubber transmission belt market demand in the APAC region.

Asia Pacific is projected to expand at a CAGR of 3.4% from 2017 to 2025. Increasing mining activities in India, China, Japan, and Australia are expected to drive the regional market. Furthermore, high concentration of conveyor belt manufactures is expected to play crucial role in continuous product supply in the region. Moreover, presence of raw material suppliers in the region has led to increased production, thereby fueling region’s growth.

Many companies in the market are focusing on increase capacity expansion to gain competitive edge. For instance, Sempertrans Poland invested Euro 46 million for capacity expansion in Belchatów, Poland due to strong demand for high-quality products.

These companies are also investing in new product development. ContiTech AG, Fenner PLC and Semperit are some of the key companies in the market. ContiTech led the India rubber transmission belt industry in 2017while Semperit held more than 18% of the Europe regional market.

Hexa Research has segmented the global rubber transmission belt market report based on product, application and region:-

Segmentation by Product     • Steel Cord Rubber Conveyor Belt     • Multiply Fabric Conveyor Belt     • Solid Woven Rubber Conveyor Belt

Segmentation by Application     • Mining     • Industrial     • Construction     • Harbor     • Steel     • Others

Segmentation by Region     • North America     • Europe     • Asia Pacific     • Central & South America     • Middle East & Africa

Key Players Analyzed     • Continental AG     • Bridgestone Corporation     • Fenner PLC     • The Yokohama Rubber Co., Ltd.     • Zhejiang Double Arrow Rubber Co. Ltd.     • Sempertrans     • Bando Chemical Industries, Ltd.     • Baoding Huayue Conveyor Co. Ltd.     • Zhejiang Sanwei Rubber Item Co. Ltd.     • Shandong Phoebus Rubber Co., Ltd.     • Wuxi Boton Technology Co., Ltd.     • Zhangjiagang Huashen     • Hsin Yung Chien Co., Ltd.     • FuXin ShuangXiang Industry And Mining Rubber & Plastic Products Co., Ltd.     • Anhui Zhongyi Rubber Belts Co., Ltd.     • Qingdao Rubber Six Conveyor Belt Co. Ltd.     • Hebei Yichuan Rubber Conveyor Belt Group Co., Ltd.     • Smiley Monroe Ltd.

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U.S. Wood Plastic Composite Market Size, Trends, Growth and Application Analysis, 2014 to 2025

4 January 2019, The U.S. Wood Plastic Composite Market size is anticipated to reach USD 4.54 billion by 2025 owing to increasing demand from construction sector. Rising awareness regarding properties of wood plastic composites (WPCs) such as better thermal stability, recyclability, and stiffness is expected to propel market growth over the forecast period. Furthermore, rising application scope in landscaping and street constructions due to noise barrier characteristics coupled with booming construction and automotive industries are expected to fuel regional market expansion. Rising application of WPC for manufacturing various consumer goods such as pencils, toys, lipsticks, cups, and high-class packaging is projected to propel demand in near future.

In terms of revenue, polyethylene held larger market share owing to extensive applications in high performance operations such as construction and packaging. Moreover, eco-friendliness of this composite is expected to complement market. Polyvinylchloride is expected to be the fastest growing segment over the forecast period as it is widely used across automotive, furniture, and construction industries. Commercial WPCs used in manufacturing high-end furniture, automotive units for luxurious cars, and other wooden infrastructure, make heavy use of polyvinylchloride as a raw material.

Automotive is expected to be the fastest growing application segment in the wood plastic composite market over the forecast period. WPCs are increasingly being used in manufacturing car interiors, door panels, and seat cushions owing to their high machinability. This factor is projected to provide growth opportunity in the forthcoming years. WPC is used in high- and mid-range passenger vehicle manufacturing. Rising demand for lightweight automotive to boost fuel efficiency and to reduce carbon emissions is expected to propel market growth.

Browse Details of Report @ https://www.hexaresearch.com/research-report/us-wood-plastic-composite-market

Improving economy in U.S. is expected to drive demand for commercial and residential construction and renovation activities. Rising high income population resulting in higher spending power is expected to propel demand for high-end vehicles. Decking application is expected to witness expansion at a significant CAGR owing to dimensional stability, low maintenance cost, and extended life span of wood plastic composite. Increasing consumer demand for products with high aesthetic appeal and longevity is expected to propel the market over the forecast period. Wood plastic composite also prevents growth of mold and premature aging of deck, thus increasing adoption in manufactuing decks.

The U.S. wood plastic composite market is moderately consolidated, with presence of numerous manufacturers. Companies are adopting backward integration strategy to compete in growing marketplace. Backward integration provides competitiveness over price and quality. Furthermore, companies are investing in research and development activities to innovate products with more strength and durability. Prominent companies include Advanced Environmental Recycling Technologies, Inc.; Axion International, Inc.; CertainTeed Corporation; and Fiberon, LLC. Few large companies such as Cairn International and Entec have raw material extraction and purification units for manufacturing Polyethylene (PE), Polypropylene (PP), and Polyvinylchloride (PVC) among other products.

Hexa Research has segmented the U.S. wood plastic composite market report based on product, application and end use

Segmentation by Product     • Polyethylene     • Polyvinylchloride     • Polypropylene     • Others

Segmentation by Application     • Building & Construction     • Automotive     • Industrial & Consumer Goods     • Others

Segmentation by End Use     • Decking     • Molding & Siding     • Fencing

Key players analyzed:     • Advanced Environmental Recycling Technologies, Inc. (AERT)     • Axion Structural Innovations LLC     • CetainTeed Corporation     • Fiberon     • Fkur Kunststoff GmbH     • Renolit     • TAMKO Building Products, Inc.     • TimberTech     • Trex Company, Inc.     • Universal Forest Product

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[advanced-materials-reports]

Wood Based Panel Market Analysis, Competitive Strategies and Forecasts, 2015 to 2025

26 December 2018, the global Wood-Based Panel Market is projected to witness tremendous growth over the forecast period, driven primarily by surge in new commercial and residential constructions in developed as well as developing countries.

Repair and renovation activities across the world have also had a positive impact on the market. Stringent rules and regulations implemented on deforestation activities has encouraged the need for efficient timber utilization, which in turn, is driving demand for wood-based panels.

These panels are of various types; they can be particle board, plywood (softwood and hardwood), fiberboard (MDF and hardboard), laminated veneer lumber (LVL), oriented strand board (OSB), block board, wafer board, and other composite structural panels.

Asia Pacific is a prominent market, primarily owing to rapid industrialization and increasing infrastructural activities in the region. Demand is also triggered by need for structural panels in the construction industry. The region is projected to exhibit a strong CAGR during the forecast period on account of increasing construction and infrastructural activities in countries such as China, India, and South Korea. Thailand, Malaysia, and Indonesia, among others, are observing rapid growth in demand for Medium Density Fiberboard (MDF) and particleboard panels, which can be attributed to increasing demand for high-quality furniture.

Countries such as U.S., Netherlands, Germany, and South Korea have been leading importers of wood-based panels, accounting for around half the global imports. China and Indonesia, on the other hand, were leading exporters of these products.

Browse Details of Report @ https://www.hexaresearch.com/research-report/wood-based-panel-market

Increasing application in the manufacture of sidings, flooring and decking, and windows and doors in the construction sector is expected to impact market growth. Moreover, rising demand for furniture such as cabinets, shelves, cupboards, and desks is anticipated to drive this market. Wood-based panels are also used in the packaging industry for the manufacture of boxes, crates, and containers used in shipping and logistics.

Countries with maximum production and consumption are China and U.S. Demand in European countries is also projected to increase on account of favorable government policies. The European Commission has invested significant amounts in R&D activities to come up with processes that can ease production of wood-based panels. Manufacturing companies in Europe are opting for vertical integrations to establish control over their value chain.

Eastern Europe is projected to exhibit a high CAGR on account of rising production facilities in Russia and Turkey. Russia is expected to overtake Germany to become the largest particleboard market in Europe.

The European market has shown tremendous profitability on account of increased consumption in application sectors such as construction, furniture, and packaging. However, rising cost of inputs such as wood, resins, adhesives, and timber will have an adverse impact on panel makers across the region as it reduces their profit margins to a great extent.

Stringent disposal regulations and increasing raw material prices are expected to be the major restraining factors for the global wood-based panel market. According to EU, plywood generates around 300 kilo tons of waste, which is disposed into landfills every year. Plywood contains toxic resins and adhesives, which can seep through the soil and damage the environment. Therefore, the EU aims at reducing production of plywood and increasing production of other wood-based panels such as OSB and MDF.

Major product manufacturers across the world include Kronospan Worldwide, Weyerhaeuser, Georgia Pacific, Sierra Pacific, West Fraser Timber Company Limited, Canfor, Tolco Industries Limited, Hampton Affiliates, Resolute Forest Products, Interfor, Timber Products Company, Shanghai Jechen Group Company, Schweighofer, Stora Enso, Arauco, Sodra Timber, Klausner-Group, Pheifer Gruppe, Idaho Forest Group, Ante-Halz gmbH, Rettenmeier Group, Klenk Holz AG, and Linyi Guangsha Wood Industry Company Limited.

Noranda Forest Inc. (Canada), which is engaged in the production of OSB, entered into joint ventures and acquisitions to increase its production capacity, product portfolio, and expand into emerging markets. Mergers are also a key expansion tactic, mainly to increase market share and gain access to up and coming markets. For instance, Kronospan Ltd. (Austria) acquired Clarion Boards Inc. (U.S.), which manufactures MDF, high-density fiberboard, and laminated veneer lumber. This strategy was undertaken to enter the North American market and supplement the company’s European facilities.

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[advanced-materials-reports]

Tactile Paving Market Size, Share, Growth and Trend Analysis, 2015 to 2025

26 December 2018, the global Tactile Paving Market is expected to witness a considerable growth over the forecast period. This growth can be attributed to the increasing usage of tactile paving across pedestrian crossing points, railway platform edges, steps, level crossings, and footpaths. Favorable industry regulations across several regions and increasing adoption of state-of-the-art urban design concepts for pedestrian pathways are anticipated to propel the market growth over the next few years. Paving is a method of outdoor flooring that uses raised surface and textured tiles.

Such raised surface guide visually impaired, partially sighted, and elderly individuals of their environments and the paths that they are following. The most commonly used forms of solid paving are truncated domes, detectable warnings, perceptible ground surface indicators, detectable warning surfaces. The blister surface on the pavement is to provide a warning to visually impaired people who would otherwise find it difficult to differentiate between where the footway ends and the carriageway begins. Corduroy pavers warn visually impaired persons of particular hazards such as steps, railway crossings, and footway joins.

Increasing government spending across the globe to offer safer exterior environments with minimal noise and dust pollution has also augmented the demand for such pavements. Moreover, ease of installation on any standard outdoor surface with marginal impact on the environment is expected to boost the demand for these pavements in the coming years. Authorities such as the Department of the Environment, Transport and the Regions (DETR) in U.K. have issued guidelines on the use of such paving surfaces so that it meets it purpose.

Browse Details of Report @ https://www.hexaresearch.com/research-report/tactile-paving-market

Pathways on all existing roads, rail stations, footpaths, and offices are being upgraded as per these guidelines to encourage safety of pedestrians and others in their surroundings. On the other hand, factors such as ignorance and improper guidance from transport departments and local authorities in regards to exterior landscapes are restraining the growth of tactile paving market. Moreover, inconsistent layout and errors in the deployment of such pavements are making them ineffective, thereby hindering its adoption.

Awareness regarding such tactile pavement is minimal in emerging countries, thus many visually impaired or partially sighted or other users do not understand the profiles completely, which leads to the need for convincing the local authorities of the effectiveness of the method. Furthermore, the scope is limited to developed countries due to large-scale unplanned exterior environments in developing countries and limited space availability and crowded spaces in densely populated areas.

However, widespread adoption of urban street design principles that highlight the need of tactile pavements for safer environments for visually impaired and elderly individuals have positively impacted the market growth. Rapid infrastructural developments in the urban areas across the globe have also led to rising demand for these paving techniques, thereby driving the market growth. Increasing investments in technology developments, such as integration of RFID tags in pavements enabling GPS guidance for the visually impaired, would also drive the market.

The development of advanced pavements manufactured from specialty materials with pollution controlling surfaces and increased focus on the environmental sustainability is also likely to contribute toward the market growth in the years to come. Platform edge warnings at street levels and rail platforms are used to indicate approaching edges on streets, cycle tracks, and footways to advise users of the correct side to enter and segregate the tracks. Directional or guidance tactile is used to guide along a route for avoiding obstacles while walking on the tactile surface or maintaining contact with the cane.

Concrete and natural stones are the two primary raw materials used to produce tactile paving floorings. Usually, pre-cast concrete and natural stones are chiseled into the necessary texture and form to obtain pavements. Metallic studs embedded on the surface into paving after the installation is a recent development enabling any stone surface to be textured to a blistering profile. Asia Pacific tactile paving market is expected to witness a surge in demand owing to increasing construction and infrastructural activities in countries such as China, Japan, and India.

U.K. is amongst the leading manufacturers and consumers of tactile pavers due to the strict guidelines regarding its application. The market in the North America region is expected to grow steadily on account of rising number of renovation activities and rapid infrastructural development. Companies are using eco-friendly raw materials and recycling methods in production so as to reduce the environmental impact throughout the product life cycle. Partnerships with architects, consultants, and contractors ensure improved product offering, quality, and performance.

Companies are working on raising the awareness about such paving guides, developing standard codes about various tactile surfaces worldwide for ease of understanding. Training the visually impaired in recognition of such pathways and navigation methods will be a prominent application for leading companies to increase their market penetration. Manufacturers are increasingly focusing on new product design and development to offer high-quality products. Some of the key industry participants include ADA Solution, Inc.; Fujian Yangzi Stone Material; Marshalls; Viztek Ltd.; G-Tech; and Visul Systems Ltd.

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[advanced-materials-reports]

Personal Protective Equipment Market Size, Share, Trends and Industry Analysis Report, 2015 to 2028

29 November 2018, The global Personal Protective Equipment Market to reach USD 55.6 billion by 2028, owing to the increasing awareness towards employee health and safety issues at work place coupled with rising industrial fatalities in emerging economies on account of shortage or lack of protective gear. Technological innovation, along with changing consumer needs for protective equipment which offers complete safety and is fashionable and appealing at the same time is further estimated to augment the market over the forecast period.

Europe emerged as the leading regional market for PPE accounting for more than 32% of the market revenue share over the forecast period. The implementation of strict safety standards by regulatory agencies such as Occupational Safety and Health Administration (OSHA) mainly in Europe and North America is expected to fuel the need to use personal protective equipment over the forecast period.

Browse Details of Report @ https://www.hexaresearch.com/research-report/personal-protective-equipment-ppe-market

Increasing occupational fatalities coupled with requirement for high durable mechanical wear resistance and high utility protective gears in most of the core industries such as oil & gas, refining, metal manufacturing and automotive is expected to augment penetration of the segment over the forecast period. Increase in the use of PPE coupled with rapid industrialization in emerging economies such as China, India, and Brazil is expected to drive durable protective clothing segment in foreseeable future. Favorable regulatory scenario to minimize occupational hazards across various regions is also expected to have a positive influence on the market growth. Increasing construction activities in Asia Pacific and Middle East is also expected to fuel the industrial protective clothing demand.

Protective clothing segment accounted for more than 23% of the market share owing to the growing occupational hazards coupled with the mandatory implementation of regulations to use protective clothing in most of the core industries such as oil & gas, refining, metal manufacturing and automotive is expected to augment market growth of the protective clothing segment over the forecast period.

Construction is anticipated to be the fastest growing application segment for personal protective equipment in future on account of rising constructional activities in Asia Pacific and Central & South America. Overhead costs associated with workplace fatalities is expected to increase product penetration in the segment over the foreseeable future.

Growing manufacturing capabilities in Asian countries is anticipated to decrease quality gap between national brands and private labels. PPE manufacturers are investing heavily in R&D and strengthening customer engagement in order to gain consumer preferences and cater to definite needs across industries and price points in the global PPE market. Some national brand manufacturers actively offer private label services in specific commoditized PPE segments. This creates competition between the national brand product and the distributor owned private label brand product. The major players are focusing on quality, service and innovation to differentiate themselves from national brands in the market by adopting strategies such as product portfolio expansion, capacity expansions, and development of new facilities to gain market share.

Hexa Research has segmented the global personal protective equipment market report based on product type, application and region:

Segmentation by product type, 2015 - 2028     • Head, Eye and Face Protection     • Hearing Protection     • Hand Protection     • Fall Protection     • Respiratory Protection     • Protective Clothing     • Foot Protection

Segmentation by application, 2015 - 2028      • Mining     • Manufacturing     • Construction     • Oil & Gas      • Others

Segmentation by region, 2015 - 2028      • North America         • U.S.     • Europe         • Germany         • UK     • Asia Pacific         • China         • India     • Central & South America     • Middle East & Africa

Key players analyzed     • Honeywell International Inc.     • 3M     • MSA     • DuPont      • Ansell

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[advanced-materials-reports]

Cyanate Ester Resin Market Analysis, Growth, Trends and Forecast, 2015 to 2025

16 November 2018, the global Cyanate Ester Resin Market is anticipated to reach a value of USD 535.28 million by 2025. Unique properties of the product such as low moisture uptake and high thermal efficiency to boost the scope of application in electronics, aerospace, industrial, automotive, and other industries. This factor is projected to propel market growth over the forecast period.

Epoxy resins, a traditional material long used in various applications, such as adhesives, coatings and composite materials, is expected to be replaced with a new type of thermosetting resin, cyanate ester resins. The main reasons for this shift include low mechanical strength exhibited by epoxies and failure of epoxy resins above certain degree of high temperature. Hence, new resin system based on range of cyanate ester are being developed that are superior to epoxies and can withstand a temperature up to 200°C.

Cyanate ester resins are getting popular in aerospace applications owing to their very low dielectric constant and low moisture uptake. Lower moisture uptake means it is subjected to lesser shrinkage during the curing process. This makes the resin suitable for use in aircraft structures, especially in primary and secondary structures of military aircrafts, such as in composite parts of Dassault Rafale fighter jet. Bisphenol derivatives of cyanate ester accounted for the largest market revenue share in the past and are expected to maintain the dominance over the forecast period.

Browse Details of Report @ https://www.hexaresearch.com/research-report/cyanate-ester-resin-market

Aerospace is anticipated to continue being the largest consumer and fastest-growing application in near future. For instance, the International Thermonuclear Experimental Reactor (ITER) thermonuclear synthesis reactor uses cyanate ester casing. The structure that holds NASA’s James Webb Space Telescope instrument is designed by a unique cyanate ester. Furthermore, cyanate ester composites have also been used in the science decks on the Mars Phoenix lander. Electronics is another lucrative industry for cyanate ester resins owing to growing demand of Printed Circuit Boards (PCBs). Furthermore, adhesives of cyanate ester are also gaining traction in the electronic applications.

They are also used in high speed motorbikes in muffler systems and racing cars, such as Formula One. The market for cyanates ester resins is in its nascent stage. While its applications are increasing in aerospace, automotive, and electronics sectors, the high end-use cost associated with the product is expected to restraint market growth. The market is prevalent in North America, Europe, and Asia Pacific owing to the presence of key domestic companies. Furthermore, growing aerospace industry in these regions is expected to uplift the demand in the forthcoming years.

In terms of key country market, U.S. accounted for a major market revenue share in the past. U.S. is one of the largest consumers of prepregs and resins, such as for military jets, civil aircrafts, helicopters, aero-engines, launchers, and space satellites. Presence of major companies and consumers, such as Boeing, Lockheed Martin, and United Technologies, in the country are driving the market. China is one of the fastest-growing country markets owing to huge domestic market of thermosetting resins.

Companies engaged in aerospace, automotive, and marine fields are the major consumers of cyanate ester resins. For instance, Hexcel’s commercial aerospace segment sales for the year 2017 accounted for nearly 64% of their total sales. Key companies in the global cyanate ester resin market are Lonza Group; TenCate; Cytec Industries, Inc.; Mitsubishi Gas Chemical Company, Inc.; Huntsman Corp.; Hexcel Corp.; and Novoset LLC.

Hexa Research has segmented the global cyanate ester resin market report based on derivatives, application and region:-

Segmentation by Derivatives     • Bisphenol-based     • Novolac-based

Segmentation by Application     • Aerospace     • Automotive     • Electronics     • Industrial     • Others

Segmentation by Region     • North America         • U.S.         • Canada     • Europe         • Germany     • Asia Pacific         • China         • India     • Central & South America     • Middle East & Africa

Key players analyzed     • TenCate      • Cytec Industries Incorporated (Solvay S.A.)     • Mitsubishi Gas Chemical, Inc.     • Lonza     • Huntsman     • Carbon, Inc.     • Future Carbon GmbH.     • Hexcel     • Novoset, LLC     • Yangzhou Chemicals

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[advanced-materials-reports]

U.S. Fire Retardant Treated Wood Market Size, Analysis and Forecast, 2014 to 2024

12 September 2018, The U.S. Fire Retardant Treated Wood Market is estimated to exceed USD 115 million by 2024. A rising number of incidences of wildfire break out is expected to result in increased demand for fire retardant wood.

The U.S. fire retardant treated wood market has changed drastically over the period owing to the increase in arson accidents lately. For instance, there was a warehouse fire which killed approximately 33 people and left other injured in California, in December 2016. Such incidences have resulted in personal safety concerns and are expected to result in a surge of the fire retardant treated wood industry.

The government has mandated stringent regulations mandating the use of fire retardant materials in institutional and public places or event venues owing to the recent elevation in temperatures and fire incidences. The flameproof wood is gaining popularity among builders as the safety of residents is preferred the most, hence increase in demand from construction sector will help boost the fire retardant treated wood market.

Demand for fire retardant in institutional structures accounted for 25.2% of the total revenues in 2016. The segment is expected to witness sluggish growth on account of the saturation of the market in this space. Nonetheless, the mandated use of flame retardants in museums, schools, and universities by authorized regulatory bodies is expected to drive the market.

Browse Details of Report @ https://www.hexaresearch.com/research-report/us-fire-retardant-treated-wood-market

Other areas of applications such as personalized gifts and defense sector are expected to boost the market for fire retardant treated wood. For instance, the U.S. Navy uses flame retardant treated wood to construct blimp hangars for controlling the fire on ships.

The increase in the construction and sale of new houses is expected to augment the growth of the market. Moreover, consumer preference for wood over other construction materials is expected to provide an impetus to the market growth over the next few years.

Chemco, Westminster Industries Ltd., Quality Support, LLC, Conrad Forest Products, Viance, and Lonza are some of the key players operating in the industry. Viance is integrated in its operations from raw material supply to manufacturing fire retardant treated wood products. Low switching cost owing to low product differentiation has resulted in high rivalry among competitors.

Hexa Research has segmented the U.S. fire retardant treated wood market based on type and application:

Segmentation By Type, 2014 - 2024 (USD Million) • Interior • Exterior

Segmentation By Application, 2014 - 2024 (USD Million) • Residential • Commercial • Institutional • Others

Key Players Analyzed • Chemco • Quality Support, LLC • Westminster Industries Ltd. • Flameproof Companies • Conrad Forest Products • Lonza • Western Wood Preserving Co. • RAM Forest Products • Hoover Treated Wood • Great Northern Lumber

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[advanced-materials-reports]

U.S. Bathroom Partition Market Size, Growth and Trend Analysis, 2014 to 2024

12 September 2018, The U.S. Bathroom Partition Market is estimated to be worth USD 608.63 million by 2024, driven by the increasing renovation activities in commercial spaces. In addition, the U.S market for bathroom partition is anticipated to gain momentum on account of development for reducing CO2 emissions and energy consumption.

States with rising urbanization and growing number of office buildings, commercial buildings, government buildings, warehouses, educational institutes, healthcare facilities, amusement, airport terminals, manufacturing buildings, restaurant & cafe, and shopping malls are expected to create a huge potential for the growth of the U.S bathroom partition market.

The growing number of restroom installations in public spaces coupled with the increasing commercial building stock is expected to augment market growth over the projected period.

The metal segment will continue to dominate the U.S bathroom partition market over the next few years owing to its virtuous aesthetics. However, non-metal which accounted for 39.1% of the market share in 2016 is expected to grow at the highest CAGR over the forecast period owing to its ease of construction and design.

Browse Details of Report @ https://www.hexaresearch.com/research-report/us-bathroom-partition-market

Due to the U.S. Green Building Council (USGBC), materials should mandatorily meet Leadership in Energy, and Environmental Design (LEED) ratings, yet, not all partitions meet sustainability goals. Approximately, 50% of recycled steel is used in some powdered coated steel partitions which contain 36% post-commercial steel and 14% post-industrial steel, whereas, some stainless-steel bathroom partition in U.S typically uses 75% of recycled stainless steel.

Toilet partition commands the major market share and is expected to continue to do so over the forecast period as well. The urinal screen also commanded considerable market within the bathroom partition market. Urinal screens are visual barriers that are used to maintain privacy and are not required to enclose the urinal space.

Companies such as Hadrian Inc., Bradley Corporation, Knickerbocker Partition Corp., and Scranton Product are focusing on creating leading brands of advanced building products targeted at commercial buildings, government buildings, warehouses, and educational institutes. Leading companies are marketing their products through distributors and subcontractors such as J. Sallese and Sons, Inc., Thomas Publishing Company, Sustainable Supply Company, LLC, All Partitions, and Parts.

Hexa Research has segmented the U.S. bathroom partition market based on material and type:

Segmentation by Material, 2014 - 2024 (USD Million) • Metals • Non-metals (Plastics)

Segmentation by Type, 2014 - 2024 (USD Million) • Toilet Partitions • Shower Partitions • Urinal Screens

Key Players Analyzed • Accurate Partitions Corp. • Scranton Products • General Partitions Mfg. Corp. • Bobrick Washroom Equipment, Inc. • Ironwood-Manufacturing • Partition Systems International of South Carolina • Metpar Corporation • Hadrian Inc. • Alan Lewis Incorporated • Bradley Corporation • Winsupply Inc. • Marlite, Inc. • Ampco Products, LLC • Knickerbocker Partition Corp.

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[advanced-materials-reports]

Synthetic Diamond Market Analysis, Price Trends and Forecast, 2014 to 2024

The global Synthetic Diamonds Market is estimated to be worth USD 28.26 billion by 2024 as a result of its increasing demand for cutting, polishing, and drilling. Increasing utilization of these functions for development of infrastructure coupled with the growing spending on the sector is likely to propel market growth over the projected period.

Expansion of the electronics and healthcare production base in countries including India and China is expected to provide new opportunities for the development of the market. Presence of manufacturing bases of companies including Samsung, Apple, Sony, Abbott, and GSK in Asia Pacific is expected to drive the demand for synthetic diamonds in various industrial applications.

North America synthetic diamond market was valued at USD 3.89 billion in 2016 and is expected to witness above-average growth in light of rebound of the manufacturing sector. However, the presence of a stringent regulatory framework for the mining sector is likely to deter growth. Nonetheless, usage of synthetic diamonds in the existing mining processes is expected to support the market.

Browse Details of Report @ https://www.hexaresearch.com/research-report/synthetic-diamond-market 

Asia Pacific is likely to witness the fastest growth at a 9.1% CAGR over the projected period owing to the tremendous untapped potential of the manufacturing sector in the region. Increasing use of synthetic diamonds in various manufacturing processes owing to their relatively low cost and ease of availability.

Polished synthetic diamond market is anticipated to grow at a CAGR of 8.3% over the projected period on account of their relatively low demand in industrial application. However, the increasing use of these stone in jewelry coupled with the rising consumer awareness regarding fashionable accessories is expected to open new avenues for the growth of the market.

Electronics was the largest application segment and is expected to witness growth at a CAGR of 8.7% over the projected period. Increasing demand for consumer electronics including washing machines, refrigerators, HVAC, smartphone, and tablets is expected to drive the market for synthetic stones subsequently.

Centaurus Technologies Inc., Applied Diamond Inc., Element Six, New Diamond Technology, and ILJIN are some of the prominent players in the market. These companies are focusing on R&D to develop stones with a higher carat. For instance, using the HPHT process, New Diamond Technology (NDT) unveiled a 10.07 carat blue stone in September 2016.

Hexa Research has segmented the global synthetic diamonds market based on operating process, type, application and region:

Segmentation by process, 2014 - 2024 (USD Million) • HPHT (High Process High Treatment) • CVD (Chemical Vapor Deposition)

Segmentation by type, 2014 - 2024 (USD Million) • Rough • Polished

Segmentation by application, 2014 - 2024 (USD Million) • Construction & Mining • Electronics • Jewelry • Healthcare • Others

Segmentation by region, 2014 - 2024 (USD Million) • North America     • U.S. • Europe     • Russia • Asia Pacific     • India     • China • Rest of the World (RoW)

Key players analyzed • Applied Diamond Inc • Centaurus Technologies Inc. • Crystallume • Element Six • ILJIN • New Diamond Technology • Pure Grown Diamonds LLC • Scio Diamond Technology

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry

[advanced-materials-reports]

Packaging Additives Market Analysis, Application Trends and Forecast, 2014 to 2024

The global Packaging Additive Market is anticipated to reach USD 1.01 billion by 2024. The increasing demand for the use of additives such as antimicrobial agents, antifog agents, and oxygen scavengers as a result of protecting the packed product such as food, beverages, and pharmaceutical from the external environment is expected to boost the market over the forecast period.

In 2016, Asia Pacific contributed to 28.1% of the overall market in terms of revenue. The market is expected to grow substantially on account of the increasing demand for packed foods and beverages. Moreover, the growth of the pharmaceutical manufacturing sector in the region is expected to augment the growth of the market.

The demand for packaging additives is expected to witness a significant growth on account of the technological development and lower-cost solutions. Moreover, major manufacturing companies are investing heavily in R&D to introduce innovative products and expanding their presence in the global market by increasing their production capacity to meet the required demand.

Browse Details of Report @ https://www.hexaresearch.com/research-report/packaging-additives-market

UV stabilizers were valued at USD 97.8 million in 2016 and are expected to grow on account of its utilization for protecting the packaged material from the external environment such as infrared radiation and ultraviolet radiation from sunlight. Increasing demand for barrier protection solutions is expected to drive growth.

Food packaging dominated the global market in 2016 and projected to grow at a CAGR of 4.4% over the projected period. Additives play a major role in protecting the packed item. In addition, they help in reducing the formation of moisture on the surface which allows a consumer to view the product clearly. Aesthetics play a major role in driving the growth of the market in the application sector.

The pharmaceutical & healthcare segment is anticipated to be the fastest growing application over the forecast period. These additives provide the necessary chemical and physical stability to the packaged product by protecting it from the external environment such as light, oxygen, microorganism and moisture. The increasing demand for these additives due to regulatory pressures and enhanced patient care anticipated to boost the market over the forecast period. The segment is estimated to be worth USD 212.6 million by 2024.

The key players in the global market are Clariant, Adeka Corporation, Amcor, Songwon Industrial Co. Ltd, ALTANA AG, Addivant, Cytec Solvay Group, BASF SE, E.I. Du Pont De Nemours & Company and AkzoNobel.

Hexa Research has segmented the global packaging additive market based on type, product, application and region:

Segmentation by type, 2014 - 2024 (Tons) (USD Million)

• Antimicrobial agents

• Antifog agents

• Antistatic agents

• Clarifying agent

• Oxygen Scavengers

• UV stabilizers

• Others

Segmentation by product, 2014 - 2024 (Tons) (USD Million)

• Rigid

• Flexible

• Others

Segmentation by application, 2014 - 2024 (Tons) (USD Million)

• Food

• Beverages

• Pharmaceutical & Healthcare

• Cosmetics & Personal care

Segmentation by region, 2014 - 2024 (Tons) (USD Million)

• North America

   • U.S.

• Europe

   • Germany

   • UK

• Asia Pacific

   • China

   • India

• Latin America

• Middle East & Africa

Key players analyzed

• Clariant

• Adeka Corporation

• Amcor

• Songwon Industrial Co. Ltd

• ALTANA AG

• Addivant

• Cytec Solvay Group

• BASF SE

• E.I. Du Pont De Nemours and Company

• AkzoNobel

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry

[advanced-materials-reports]

Coated Fabrics Market Analysis and Forecast Report, 2012 to 2020

Global Coated Fabrics Market size forecast is estimated at USD 22.57 billion by 2020; as per a new research report by Hexa Research, Inc. Increasing production of seat covers & airbags for automobile applications is likely to favor market growth. Strong demand for protective clothing applications across end-use industries such as military, medical, chemical processing and agriculture should drive industry revenue. Increase in infrastructure investments is likely to surge the demand for canopies, awnings and wall coverings. 

Favorable government regulations for safety applications in end-use industries are likely to drive the demand. Stringent regulatory norms by CPSIA and EPA owing to environmental concerns against VOCs release may challenge industry growth. 

Polymer based coated fabrics products dominated the overall demand and accounted for over 85% of the market share in 2013. They are relatively available at lower costs and are widely preferred used in residential & automotive applications. Fabric backed wall covering products are likely to witness highest gains with an estimated CAGR of 4.2% from 2014 to 2020. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/coated-fabrics-industry/ 

Key report insights suggest:

·         Global coated fabrics market was estimated 3,400.2 million square meters in 2013 and may register 4,400.0 million square meters by 2020 growing with an estimated CAGR of 3.8% from 2014 to 2020.

·         Transportation application witnessed the highest demand and accounted for 34.8% of market share in 2013. Government initiative for safety norms for automobile applications coupled with increasing infrastructure developments for metros and railways are expected to drive demand for transportation applications. Furniture applications are anticipated to witness highest gains at an estimated CAGR of 5.6% from 2014 to 2020.

·         Asia Pacific dominated the regional demand and accounted for 50% of the total share in 2013 and is expected witness highest growth rate over the forecast period. Rapid industrialization coupled with increase in automobile production particularly in China, India, Indonesia and Thailand is likely to surge coated fabrics demand.

·         Europe coated fabrics market is likely to grow moderately at 3.2% from 2014 to 2020. Polymer coated fabrics in Europe accounted for a major share of 87.0% in 2013 and are expected to witness steady gains over the forecast period.

·         Coated fabrics industry is not too consolidated with top six industry participants constituting around 26% of the market share. Key companies involved in this market are Omnova, Takata Corporation, Saint Gobain, Trelleborg AB, Spradling International, Bo-Tex Sales, ContiTech AG and Mauritzon Inc. 

For the purpose of this study, Hexa Research has segmented the coated fabrics market on the basis of product, application and region:

Global Coated Fabrics Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         Polymer coated fabrics

·         Rubber coated fabrics

·         Fabrics backed wall coverings

Global Coated Fabrics Application Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         Transportation

·         Protective clothing

·         Industrial

·         Furniture

·         Others

Global Coated Fabrics Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty-ceramic-glass-and-fiber-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - https://www.hexaresearch.com/

[advanced-materials-reports]

Gold Nanoparticles Market Analysis, Growth Rate and Forecasts to 2020

Global Gold Nanoparticles Market Size is expected to reach 4.99 billion by 2020, witnessing gains at a CAGR of 24.7%. Positive outlook towards the increasing applications of nanotechnology in medical and dentistry such as drug delivery systems, nanomedicines, therapeutics is expected to drive industry demand. Global nanoparticle demand in biotechnology, drug development and drug delivery is expected to exceed USD 90 billion by 2020, growing at CAGR of 17.1% from 2014 to 2020. 

With constant innovation and increasing demand for smaller, versatile and smarter devices the global electronics industry is expected to be one of the fastest growing gold nanoparticle markets. There has been a surge in demand for this technology, especially gold nanoparticle inks for storage devices, hard disks and microchips among others. These inks have also found applications in thin film transistors and photovoltaic, photo-sensors & detectors. 

Stringent regulations for nanomaterials specifications and use, along with fluctuating gold prices are expected to be key challenges for industry participants over the next six years. 

Browse Details of Report @ https://www.hexaresearch.com/research-report/gold-nanoparticles-industry

Key report insights suggest:

- Global gold nanoparticles market volume is expected to reach 12.7 tons by 2020, growing at a CAGR of 23.3% from 2014 to 2020.

- Medical applications are expected to continue dominating the industry, with demand estimated to reach USD 2.6 billion by 2020, growing at a CAGR of 25.2% over the forecast period.

- Electronic applications accounted for over 21% of global volume in 2013, with demand expected to exceed 3 tons by 2020, growing at over 25%.

- North America gold nanoparticles industry revenue is estimated to reach USD 4 billion by 2020, growing at a CAGR of 22%. Demand in Europe was estimated at USD 242.1 million in 2013.

- Asia Pacific is expected to be the fastest growing regional market, with revenue estimated to exceed 1.7 billion by 2020, growing at over 28%.

- BBI Solutions, NanoSphere, Nanostellar, Sigma Aldrich Corporation, Johnson Matthey, Metalor Technologies SA and Cytodiagnostics are some of the notable participants in this industry.

HexaResearch has segmented the gold nanoparticles market on the basis of application and region for this report:

Global Gold Nanoparticles Market, By Application (Volume, Tons, Revenue, USD Million, 2012 - 2020)

- Medical & dentistry

- Electronics

- Catalysis

- Others (Glass, Cosmetics & Photometry)

Global Gold Nanoparticles Market, By Region (Volume, Tons, Revenue, USD Million, 2012 - 2020)

- North America

- Europe

- Asia Pacific

- RoW

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/nanoparticles-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - https://www.hexaresearch.com

[advanced-materials-reports]

Antibacterial Glass Market Analysis and Forecast Report, 2016 to 2024

The global Antibacterial Glass Market size was USD 160 million in 2015 and it is expected to go beyond USD 270 million by 2024. Growing number of Hospital Acquired Infections (HAIs) is said to spur the demand during the forecast period (from 2016 to 2024). Growing demands for antimicrobial coatings along with the rapid technological improvements is projected to positively impact the market growth.

However, strict rules & regulations about the antimicrobial coatings production are said to negatively affect the demand over the next few years. On the other hand, the extensive product implementations in different consumer electronics like phablets, tablets, etc. are expected to fuel the revenue. The global market is divided into applications and regions.

Browse Details of Report @ https://www.hexaresearch.com/research-report/antibacterial-glass-industry

The applications sector of the antibacterial glass market comprises food & beverages, hospitals, military equipment, and residential /household. The hospital sector is anticipated to be the leading sector over the estimated years. The sector is expected to grow at a CAGR of over 7 % over the forecast period. This can be attributed to the rising product implementations in isolation rooms including oncology units, burn units, and hematology units as these dedicated critical facilities need 100 % germ-free environment and significant sanitation.

The food & beverages sector is said to witness huge growth prospects growing at a CAGR of over 7 % during the estimated years. Major usage of these products for storing and packaging the food and beverage products is said to boost the growth. In addition to this, the increasing installations in restaurants, canteens, food displays etc. are also likely to push the market growth.

The North American antibacterial glass market is expected to grow at a CAGR of over 7 % during the forecast period due to rapidly growing hospitals sector. The Europe region is said to be the lucrative and dominant regional market during the next eight years. Plus, the presence of major global product manufacturers in the region is likely to positively impact the growth.

Some of the companies in the market are Corning Inc.; AGC Glass Europe; Glas Trosch Holding A. G.; Nippon Sheet Glass Co. Ltd. (NSG); Vetraria Bergamasca Tecnovetro Srl. (VBT); and Saint-Gobain S. A.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty-ceramic-glass-and-fiber-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - https://www.hexaresearch.com/

[advanced-materials-reports]

Geotextiles Market Analysis, Competitive Scenario and Forecasts, 2012 to 2020

Global Geotextile Market size is likely to be valued at USD 8.24 billion by 2020; as per a new research report by HexaResearch. Increasing use in soil reinforcement activity coupled with growing application scope in road & railway development is likely to drive market growth. 

Favorable government regulations in countries such as China, India, Brazil and UAE supporting application development and employment creation in manufacturing industries is likely favor geotextiles market growth. Lack of manufacturing standardization coupled with fluctuation prices of raw materials such as polyester and polyethylene is anticipated to challenge trade opportunities and profitability. 

Nonwoven geotextiles were the largest consumed product segment and accounted for over 65% of the total volume in 2013. Low cost and factors such as absorbency, mechanical strength and liquid repellency make nonwoven products to be widely preferred in the industrial applications. Woven products were the second largest consumed product and are likely to witness significant gains, at an estimated CAGR of 9.0% from 2014 to 2020.

Browse Details of Report @ http://www.hexaresearch.com/research-report/geotextiles-industry/

Key report insights suggest:

·         Global geotextiles market size was estimated 2389.2 million square meters in 2013 and may register 4323.7 million square meters by 2020 growing with an estimated CAGR of 8.9% from 2014 to 2020.

·         Road construction applications dominated the market and accounted for 43.5% of the total volume in 2013 and likely to witness significant growth rates. Laying road foundation and increasing road life span by strengthening weak soil are factors likely to drive demand for this application. Drainage application is likely to witness above average growth rates with an estimated CAGR of 8.9% up to 2020.

·         Asia Pacific dominated the regional market and accounted for 43.1% of the total volume in 2013. Increasing infrastructure spending which involves construction of dumps, highways & dams in China and India are likely to drive regional demand. North America is likely to witness above average growth rates of 9.0% from 2014 to 2020.

·         The top four companies account for over 30% of the overall demand in the highly fragmented geotextiles market. Prominent companies involved are Royal TenCate, NAUE, Low and Bonar, GSE Holdings, Argu America, Fiberweb, Tenex and Fibertex. 

For the purpose of this study, HexaResearch has segmented the geotextiles market on the basis of product, application and region:

Global Geotextiles Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         Nonwoven

·         Woven

·         Knitted

Global Geotextiles Application Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         Roads

·         Erosion Prevention

·         Drainage

·         Others

Global Geotextiles Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty-ceramic-glass-and-fiber-industry

[advanced-materials-reports]

Geosynthetic Clay Liner Market Size, Industry Analysis Report, Competitive Market Share & Forecast To 2022 | Hexa Research

Geosynthetic clay liner is a material similar to fabric. It works as a hydraulic barrier containing two textile layers, linked by bentonite clay. It is mostly used for the landfills’ lining. The global Geosynthetic Clay Liner Market is anticipated to reach USD 488 million by 2022.

Growing awareness of ecological protection in the mining industry is projected to augment the landfill treatment expenditure and containment solutions. This would favor market growth. Escalating spending on infrastructural development in India, China, and the Middle East is also anticipated to increase consumption of geosynthetic clay liners.

Browse Details of Report @

https://www.hexaresearch.com/research-report/geosynthetic-clay-liner-market/

However, clogging issues related to geotextiles, in which geosynthetic clay liners are used, may threaten growth prospects in the coming years. Bio-based polymers are gaining prominence due to rising concerns over greenhouse gas emissions. This is driving spending on development of new products such as bio-polypropylene and bio-ethylene.

The global geosynthetic clay liner market is categorized as per applications and regions. Applications comprise landfill, containment & wastewater treatment, roadways & civil construction, and others. Landfill was the biggest segment and accounted for 40 percent of the total volumes in 2014.

Various regulatory bodies have introduced stringent rules that mandate waste management and disposal practices for controlling pollution in the mining industry. These directives could boost consumption of geosynthetic clay liners in landfills from 2015 to 2022.

Regional fragments encompass North America, Europe, Latin America, Asia Pacific, and MEA (Middle East & Africa). Asia-Pacific was the biggest regional market in 2014. It held about 30 percent of the total volumes that year. This region’s demand would reach 59 million square meters by 2022.

Increasing production of shale gas in the U.S. and Canada is likely to spur the demand in wastewater management in the North America region. Infrastructural developments in African nations such as Tanzania and South Africa will further adoption of geosynthetic clay liner in the building and road construction over the next seven years.

The global geosynthetic clay liner market is dominated by the manufacturers focussed mainly on geomembranes and geotextile owing to application growth in waste water management and soil reinforcement. Key participants of the market are Terrafix, GSE Holdings, HUESKER, and Wall Tag.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/specialty-ceramic-glass-and-fiber-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Visit our Blog: https://hexaresearchinc.wordpress.com/

[advanced-materials-reports]

Adhesive Films Market Analysis, Market Size, Competitive Strategies and Forecast to 2024

Adhesive films are materials coated with adhesives. They have the ability to join two surfaces. These are majorly used in automotive electronics, consumer electronics, handheld computing, construction, and aerospace electronics. The global Adhesive Films Market is set to attain nearly USD 17 billion by 2024, at a CAGR over 6% during the forecast period (2016 - 2024).

The adhesive films market had a demand of 3.1 million tons in 2015. Need for compact electronic devices and lightweight vehicles are primarily driving it. Boosting demand for consumer electronics in Asia Pacific and food & beverage packaging is said to drive the market. Additionally, expansion across automobile manufacturing coupled with demand for fuel-efficient vehicles also propels market revenues.

However, the market faces challenges in the form of product customization and high manufacturing costs. But, the production of bioadhesive films can provide it new growth avenues.

Browse Details of Report @

https://www.hexaresearch.com/research-report/adhesive-films-market

The Adhesive films market is split according to products, technologies, applications, end-users, and regions. Products are acrylic, polyurethane (PU), polyvinyl acetate (PVAc), polyvinyl butyral (PVB), epoxy, and others. ‘Others’ includes EVA (ethylene-vinyl acetate), SBC (styrenic block copolymers), polypropylene, polyesters, and silicone.

Acrylic films were the leading segment in 2014, with over 25% shares (with respect to demand) in 2014. They are projected to display significant growth over the forecast period. PVAc followed them, with 20% shares the same year. PVB films are prominently used in the automobile industry. They are used to bind vehicles with glass sheets. 

Technologies in the adhesive films market comprise hot melt, light cured, pressure-sensitive, self cured, and chemical cured. Pressure-sensitive led in 2014. Its demand is anticipated to reach 4 kilotons (KT) by 2024. Hot melt films should generate nearly 146 KT of volumes by 2024.

Applications encompass graphics, labels, tapes, tinting, glazing, protective films, and specialty films. Tapes reigned over the market (in terms of demand) in 2015. This was credited to massive usage of one-sided & double-sided tapes in electronics and automotive sectors. They would earn around USD 72 billion by 2024. Labels can experience a CAGR above 6% in the next eight years.

Automotives, consumer electronics, construction, packaging, aerospace, medical, footwear, and furniture constitute the end-users. Packaging would be the leading segment over the forecast period. It is used for product sealing & labeling. Consumer electronics may contribute to the global demand for adhesive films by creating components for lid sealing and other applications in packaging.

North America, Asia Pacific, Europe, and RoW (Rest of the World) are the regions within adhesive films market. Asia Pacific dominated in 2014 due to high demand from its end-user industries. Europe should witness modest growth during 2016 to 2024. Similarly, North America is likely to grow at a CAGR over 6% in the near future.

Some of the key players operating within the global market are BASF SE, 3M Company, Henkel Adhesive Technologies, and Avery Dennison Corporation. Mergers and alliances are their common strategy to stay competitive. For instance, BASF partnered with Avantium Technologies in 2016 to produce furandicarboxylic acid (FDCA). FDCA can be used as a base for producing adhesives in lubricants and personal care products.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/advanced-materials-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: sales@hexaresearch.com

Website - http://www.hexaresearch.com/

Visit our Blog: https://hexaresearchinc.wordpress.com/