#Ethylene Vinyl Acetate Market insights

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Global Ethylene Vinyl Acetate Market Is Estimated To Witness High Growth Owing To Increasing Demand for Sustainable Packaging Solutions

The global Ethylene Vinyl Acetate (EVA) Market is estimated to be valued at USD 1,349.71 million in 2021 and is expected to exhibit a CAGR of 4.89% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Ethylene Vinyl Acetate (EVA) is a copolymer of vinyl acetate and ethylene, which gives it excellent flexibility, clarity, impact resistance, and low-temperature properties. EVA is widely used in various industries such as packaging, automotive, footwear, solar panels, and agriculture. Its advantages include excellent adhesion, low-temperature flexibility, good toughness, and filling properties. The growing need for sustainable packaging solutions and the increasing demand for EVA-based products are key factors driving the market growth. B) Market Key Trends: One key trend in the global EVA market is the increasing demand for sustainable packaging solutions. With the rising awareness about environmental issues and the need to reduce plastic waste, there is a growing demand for eco-friendly packaging materials. EVA-based films and sheets are widely used in the packaging industry due to their excellent properties such as transparency, flexibility, and recyclability. For instance, EVA films are extensively used in food packaging applications as they provide a barrier against moisture, oxygen, and UV light, thereby extending the shelf life of the packaged products. C) PEST Analysis: Political: There are no significant political factors impacting the EVA market. Economic: The economic growth in developing countries is driving the demand for EVA-based products in various industries. Social: The increasing awareness about environmental issues is leading to a shift towards sustainable packaging solutions. Technological: Technological advancements in EVA production processes and product innovation are driving market growth. D) Key Takeaways: - The Global Ethylene Vinyl Acetate Market Size is expected to witness high growth, exhibiting a CAGR of 4.89% over the forecast period. The increasing demand for sustainable packaging solutions is driving market growth. - Asia Pacific is the fastest-growing and dominating region in the EVA market, owing to the rapid industrialization and growing demand from industries such as packaging, automotive, and footwear. - Key players operating in the global EVA market include Arlanxeo, Asia Polymer Corporation, Benson Polymers Limited, Braskem, Celanese Corporation, Clariant AG, Dow, ExxonMobil Corporation, Hanwha Solutions/Chemical Corporation, Innospec Inc., LyondellBasell Industries Holdings BV, Repsol, Sipchem, SK Global, Sumitomo Chemical Co. Ltd, and Tosoh Corporation. In conclusion, the global Ethylene Vinyl Acetate (EVA) market is expected to witness significant growth due to the increasing demand for sustainable packaging solutions. The market is driven by the advantages offered by EVA, such as flexibility, impact resistance, and low-temperature properties. Asia Pacific is the fastest-growing region due to rapid industrialization and high demand from various industries. Key players in the market are focused on technological advancements and product innovation to stay competitive in the market.

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Ethylene Vinyl Acetate Market Poised to Grow on Back of High Demand from Solar Panel Manufacturing Industry

Ethylene vinyl acetate (EVA) is a copolymer of ethylene and vinyl acetate which finds extensive usage as an encapsulant in photovoltaic (PV) module manufacturing. As an encapsulant, EVA protects PV cells from moisture and helps in improving their performance. It provides excellent adhesion to both front glass as well as back sheet. The global solar panel market has been growing rapidly over the past few years owing to supportive government policies and initiatives encouraging the adoption of renewable energy. With increasing deployment of solar panels worldwide, demand for EVA from this application segment is projected to surge substantially. The global ethylene vinyl acetate market is estimated to be valued at US$ 1710.66 Mn in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: The high demand from solar panel manufacturing is one of the major drivers propelling the growth of ethylene vinyl acetate market. Solar panel encapsulants account for over 40% of the overall EVA consumption. The government targets to increase usage of renewable sources of energy along with falling prices of solar panels have boosted the solar energy market size significantly. According to the International Renewable Energy Agency (IRENA), globally over 100 GW of solar PV was added in 2021 alone. This rising deployment of solar panels directly translates to increased consumption of EVA. Apart from this, EVA finds wide applications in hot melt adhesives, packaging, and cables. The growth in end-use industries is further augmenting demand. SWOT Analysis Strength: Ethylene Vinyl Acetate (EVA) is used as an effective polymer in several end use industries such as solar panels, medical devices, and footwear. EVA provides excellent flexibility, transparency, and reliability in production processes. EVA products show consistent performance even in extreme temperatures due to their durable nature. Weakness: Fluctuating raw material prices impact the cost of EVA production. Rising crude oil prices increase the commodity prices of ethylene and vinyl acetate, making EVA slightly expensive. EVA has poor mechanical properties and low melting point in comparison to other polymers. Opportunity: Surging demand for renewable energy sources is driving the solar PV industry. EVA encapsulants protect photovoltaic cells from moisture and UV damage, thereby enhancing module efficiency. Growing medical devices market especially for implants and prosthetics boosts EVA usage. Threats: Strict regulations regarding toxic emissions can adversely impact manufacturing units. Intense competition from substitute polymers may reduce EVA consumption gradually. Key Takeaways The global ethylene vinyl acetate market size is expected to witness high growth backed by increasing solar installations and growing medical device industry. The global ethylene vinyl acetate market is estimated to be valued at US$ 1710.66 million in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024 to 2031.

Asia Pacific dominates the global market due to large solar PV sector and rapidly expanding construction industry in China and India. Key regional players are expanding their production capacities to meet local demand. Key players operating in the ethylene vinyl acetate market are DuPont, ExxonMobil, FPC, Hanwha Group, LyondellBasell, Sipchem, and Formosa Plastics. They are focusing on developing novel EVA grades with enhanced properties to strengthen their market position. Technological innovation and partnerships remain crucial for gaining competitive edge. New product launches with optimized performance characteristics could boost revenues. Collaboration with end users aids in developing customized polymer solutions.Get more insights on this topic:https://www.newswirestats.com/ethylene-vinyl-acetate-market-size-and-outlook/

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Hyperelastic Material Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

The global hyperelastic material market is expected to reach a value of US$ 25.1 Bn by the end of 2031, as per a research report by Transparency Market Research (TMR). In addition, the research report finds that the market for hyperelastic material is expected to grow at a CAGR of 4.9% during the forecast period, from 2022 to 2031.

In the automotive industry, hyperelastic materials are being utilized in the production of superior-quality tires owing to their different properties, including low-rolling resistance and heat resistance. The tires manufactured using hyperelastic materials are being increasingly adopted globally as they can assist in decreasing the CO2 emission levels in the environment and provide a comfortable riding experience to the vehicle drivers. Hence, the expansion of the automotive industry is likely to drive the business opportunities in the global hyperelastic material market during the forecast period, note analysts at TMR.

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Hyperelastic Material Market: Key Findings

Hyperelastic materials are gaining traction in the aeronautical and automotive industries owing to their ability to help in reducing the components size. Thus, a surge in the product demand from the aerospace, railway, and automobile industries is bolstering the market. Moreover, the market is prognosticated to gain notable growth opportunities in the near future owing to many factors including increase in the spending power of people from varied nations and surge in the understanding pertaining to the environmental benefits of these materials, notes TMR’s global market study on hyperelastic material industry.

The government bodies of several nations have introduced stringent policies pertaining to the application of hyperelastic materials. These factors are expected to create lucrative prospects for the hyperelastic material market manufacturers in the near future. This aside, several nations such as the U.K., the U.S., Japan, and Germany are offering incentives and programs that promote the utilization of hyperelastic material. Such factors are projected to help in the overall growth of the hyperelastic material market size during the forecast period, state analysts at TMR.

Hyperelastic Material Market: Growth Boosters

Increase in the product use by automobile manufacturers is projected to boost the demand of hyperelastic material market during the forecast period

Surge in urbanization across many emerging economies across the globe is expected to fuel the growth prospects in the global market for hyperelastic material

Rise in demand for butadiene rubber owing to their improved tensile strength and high resilience is creating notable business prospects in the market

Hyperelastic Material Market: Key Players

Some of the key players profiled in the report are:

Dow

Exxon Mobil Corporation

Sumitomo Chemical Co. Ltd.

LG Chem

REPSOL S.A.

Braskem

LyondellBasell Industries Holdings B.V.

CLARIANT AG

BASF SE

MITSUI CHEMICALS AMERICA, INC.

LANXESS

Hyperelastic Material Market Segmentation

Type

Ethylene Vinyl Acetate

Thermoplastic Polyurethane

Butadiene Rubber

Silicone

Others

Application

Home Bedding

Construction

Aerospace

Railway

Automobile

Oil and Gas

Others

Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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[industryinsightsandanalysis]

Hyperelastic Material Market is expected to display a steady growth of 4% due to the rise in aeronautical

According to a new report published by UnivDatos Markets Insights, the Hyperelastic Material Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Type (Ethylene Vinyl Acetate, Thermoplastic Polyurethane, Butadiene Rubber, Silicon, and Others); Application (Home Bedding, Aerospace, Construction, Railway, Automobile, Oil & Gas, and Others); Region/Country.

The hyperelastic material market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the hyperelastic material market. The hyperelastic material market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the hyperelastic material market at the global and regional levels.

Market Overview

Hyperelastic material or green elastic material is a type of constitutive model for ideally elastic material for which the stress-strain relationship derives from a strain energy density function. The hyperelastic material is a special case of a Cauchy elastic material. In addition, hyperelastic materials exhibit highly nonlinear stress-strain relationships. When tension is applied, the material softens and hardens again, but when pressure is applied, the hyperelastic material becomes very stiff. For example, Mooney-Rivlin rubber can be used extensively to manufacture complex-shaped components. The high deformability and ability to absorb vibrations, as well as the low cost-to-weight ratio, provide growth opportunities for market players.

Factors such as the economic prosperity of the population and environmental benefits & implementation of stringent governmental policies for the use of hyperelastic materials, and product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include ExxonMobil Corporation, The Dow Chemical Company, LG Chem, Sumitomo Chemical Co. Ltd., Braskem, REPSOL S.A., CLARIANT AG, LyondellBasell Industries Holdings B.V., Mitsui Chemicals America Inc., and BASF SE.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the industries industry and has transformed the way industries are delivered. The hyperelastic material market has been significantly affected during these times owing to the delay in the adoption of green elastic material during the pandemic.

The global hyperelastic material market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on type, the market is segmented into ethylene vinyl acetate, thermoplastic polyurethane, butadiene rubber, silicon, and others. The butadiene rubber category is expected to witness the highest CAGR during the forecast period owing to its use to manufacture products such as tires, scrap tubes, adhesives, roll covers, hoses, gaskets, etc. Additionally, the demand for butadiene rubber is high worldwide. Also, butadiene rubber exhibits high elasticity, excellent tensile strength, tear resistance, and excellent flex properties at low temperatures, making it ideal for a wide variety of applications

Based on application, the hyperelastic material market has been classified into home bedding, aerospace, construction, railway, automobile, oil & gas, and others. The automobile category is likely to witness significant adoption of hyperelastic material during the forecast period. This is mainly because of the high level of flexibility required under heavy loads for long periods of time. Also, hyperelastic properties help define foam behavior, while viscoelastic properties are used to assess the effects of shear stress within the deformable body of an automobile seat. Furthermore, the manufacturing of high-quality tires with different characteristics such as low rolling resistance and excellent heat resistance is increasing the demand for hyperelastic material in the automobile industry

Hyperelastic Material Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for the automobile coupled with the growing disposable income, urbanization, and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, the wide expanse of applications along with growth in the construction, railway, automobile, oil & gas sector is further expected to support the market growth. In addition, the constant development of the industries along with growth in consumption further accelerates the hyperelastic material market growth in the region. Also, major players in the market continue to invest in various types of hyperelastic manufacturing. For instance, WACKER acquires a 60 percent stake in specialty silane manufacturer SICO Performance Material Company to further expand the share of high-margin specialties in our silicone business worldwide.

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The major players targeting the market include

ExxonMobil Corporation

The Dow Chemical Company

LG Chem

Sumitomo Chemical Co. Ltd.

Braskem

REPSOL S.A.

CLARIANT AG

LyondellBasell Industries Holdings B.V.

Mitsui Chemicals America Inc.

BASF SE

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the hyperelastic material market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the hyperelastic material market?

• Which factors are influencing the hyperelastic material market over the forecast period?

• What are the global challenges, threats, and risks in the hyperelastic material market?

• Which factors are propelling and restraining the hyperelastic material market?

• What are the demanding global regions of the hyperelastic material market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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[tamanna31]

Hot Melt Adhesives 2021 Industry Analysis, Company Profiles And Industrial Overview Research Report | Forecast 2028

Hot Melt Adhesives Industry Overview

The global hot melt adhesives market size was valued at USD 7.37 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028.

Increasing usage of hot glue adhesives in the packaging industry for various applications such as sealing of boxes and cartons for food and general consumer packaging is propelling the market growth. Hot melt adhesives (HMAs) offer adhesion to a wide variety of materials and surfaces, such as fabric, papers, ceramic, metal, cardboard, and plastics, which makes them suitable for DIY applications. Although DIY is leading in developed economies such as North America and Europe, it is a relatively new concept. The DIY applications include craft, general goods packaging, and wood working.

Gather more insights about the market drivers, restrains and growth of the Hot Melt Adhesives Market

The U.S. is a prominent manufacturer and consumer of hot melt adhesives. The product demand increased drastically on account of the lockdown that occurred due to the COVID-19 outbreak. The shutdown led to the growth of e-commerce product delivery services, which augmented both production and consumption activities as hot melt adhesives are widely used in the packaging of parcel boxes.

However, the manufacturing companies faced a shortage in supply of raw materials, such as additives, polymers, and resins, as there was a hike in prices owing to the disruptions caused by the pandemic. The impact of the pandemic was not limited to the raw material side but had an adverse effect on the end-use industries.

Increasing demand for bio-based hot melt adhesives in the U.S. owing to their sustainability is driving the market. For instance, Jowat, a company engaged in manufacturing adhesives, has introduced products made from renewable raw materials, which has received certification from the United States Department of Agriculture (USDA), particularly for the North American market.

Growing construction activities and renovation of the existing buildings are propelling the demand for hot melt adhesives owing to their multiple applications, including the installation of floors, carpets, ceramic tiles, and glasses. The usage of HMA increases the aesthetic appearance of the floor compared to staples and nails.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global water cut monitors market size was estimated at USD 247.5 million in 2023 and growing at a CAGR of 5.1% from 2024 to 2030. 

The global tensiometer market size was estimated at USD 148.5 million in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2030.

Segments Covered in the Report

This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global hot melt adhesives market report on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Ethylene-vinyl Acetate (EVA)

Polyurethane

Rubber

Polyolefin

Others

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Packaging

Assembly

Woodworking

Automotive

Nonwovens

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Central & South America

Brazil

Colombia

Argentina

Middle East & Africa

GCC

Key Companies & Market Share Insights

The major companies operating in the market are primarily focusing on regional expansion, mergers & acquisitions, and high profit-margin segments. For instance, in September 2021, Meridian Adhesives Group, a leading manufacturer and formulator of water-based and hot-melt adhesives and coatings, had acquired Prime Blend LLC.

In addition, in October 2020, Pidilite Industries Ltd. had acquired Huntsman Group’sIndian subsidiary Huntsman Advanced Materials Solutions Private Limited (HAMSPL) worth USD 257 million (rupees 2,100 crores) with an aim to expand its product offering for do-it-yourself (DIY) consumer adhesives business. This enables the company to leverage the market growth. Some prominent players in the global hot melt adhesives market include:

Henkel AG & Co. KGaA

H.B. Fuller Company

Dow

Sika AG

Jowat SE

Arkema Group

Ashland

3M

Avery Dennison Corporation

Beardow Adams

Order a free sample PDF of the Hot Melt Adhesives Market Study, published by Grand View Research.

[globalgrowthinsights]

Artificial Cornea and Corneal Implant Market: Dissecting the Factors Steering Growth and Potential Risks

Artificial Cornea and Corneal Implant Market provides in-depth analysis of the market state of Artificial Cornea and Corneal Implant manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Artificial Cornea and Corneal Implant in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Artificial Cornea and Corneal Implant Market Report:

The report offers a comprehensive and broad perspective on the global Artificial Cornea and Corneal Implant Market.

The market statistics represented in different Artificial Cornea and Corneal Implant segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Artificial Cornea and Corneal Implant are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Artificial Cornea and Corneal Implant.

Major stakeholders, key companies Artificial Cornea and Corneal Implant, investment feasibility and new market entrants study is offered.

Development scope of Artificial Cornea and Corneal Implant in each market segment is covered in this report. The macro and micro-economic factors affecting the Artificial Cornea and Corneal Implant Market

Advancement is elaborated in this report. The upstream and downstream components of Artificial Cornea and Corneal Implant and a comprehensive value chain are explained.

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[robertsteven65]

Acetic Acid Market Forecast: Insights into Future Growth

Overview 

Acetic Acid Market size is expected to be worth around USD 35.2 billion by 2032 from USD 21.8 billion in 2022, growing at a CAGR of 4.90% during the forecast period from 2022 to 2032.

The high-purity acetic acid market is set to grow significantly due to its crucial role as a foundational element in the production of various chemicals and utilities across multiple industries. This includes plastics, rubber, inks, and textiles, where acetic acid serves as an essential building block. 

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The anticipated growth in end-use industries such as plastics, textiles, and chemicals is expected to drive demand for acetic acid in the forecast year. Additionally, the shift from PET bottles to glass bottles for alcoholic beverages is projected to boost the demand for terephthalic acid, positively impacting the acetic acid market. 

The presence of multinational companies and their continuous expansion efforts and joint ventures further support market growth. The product's designation as "food grade" when used according to good manufacturing practices and compliance with the Food Chemical Code emphasizes its safety for food applications, enhancing its appeal in the food industry.

The global acetic acid market is highly competitive, with numerous multinational companies engaged in extensive research and development activities. These companies often pursue expansion, collaboration, and joint venture initiatives to gain a competitive edge. As a result, the competitive landscape is expected to remain intense throughout the forecast period. The increasing demand for food and food safety also contributes to the anticipated growth of acetic acid products.

Key Market Segments

Based on Application

Vinyl Acetate Monomer (VAM)

Purified Terephthalic Acid (PTA)

Ester Solvents

Acetic Anhydride

Others

Based on End-User

Food and beverages

Paints and coating

Plastics & Polymers

Pharmaceutical

Chemicals

Others

Application Analysis: 

In 2022, the vinyl acetate monomer application segment held a 44.5% market share due to rising demand for printed goods, paints, coatings, and paper coatings. Acetic anhydride, used in photographic films, cigarette filters, and pharmaceuticals, held the second largest market share at 19%.

End-User Analysis: 

The food and beverage segment leads the market, driven by acetic acid's use in manufacturing plastic bottles, serving as a cleaning agent, and being a key ingredient in vinegar for cooking and pickling.

Market Key Players

Eastman Chemical Company

Celanese Corporation

LyondellBasell Industries Holding B.V.

SABIC

HELM AG

Airedale Chemical Company Limited

Indian Oil Corporation Ltd

Gujarat Narmada Valley Fertilizers & Chemicals Limited

Pentokey Organic

Ashok Alco Chem Limited

DAICEL CORPORATION

The Dow Chemical Product

DubiChem

INEOS

Other Key Players

Driving Factors: 

The increasing demand for vinyl acetate monomer (VAM) is boosting the acetic acid market. VAM is essential in producing resins and polymers for coatings, adhesives, films, paints, and textiles. Its application as a barrier resin in PET bottles and its ability to adhere to various substrates support market growth.

Restraining Factors: 

The harmful effects of acetic acid, including its corrosiveness to skin and eyes and potential internal damage if ingested or inhaled, pose significant safety concerns. Growing consumer awareness of these risks may reduce chemical adoption, limiting market expansion.

Opportunities: 

Technological advancements in developing polymers and products using VAM as a raw material are driving demand. Innovations in the production of ethylene vinyl alcohol (EVOH) for food packaging and other applications present significant growth opportunities.

Challenges: 

The mature nature of the VAM market, with its fluctuating consumption patterns, poses a challenge to sustained growth. Any decline in VAM usage can hinder the acetic acid market, acting as a barrier to continuous expansion.

[boatarenttahoe]

Kids Retail Fitness Market 2024 Driving Factors Forecast Research 2032

Kids Retail Fitness Market provides in-depth analysis of the market state of Kids Retail Fitness manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Kids Retail Fitness in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Kids Retail Fitness Market Report:

The report offers a comprehensive and broad perspective on the global Kids Retail Fitness Market.

The market statistics represented in different Kids Retail Fitness segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Kids Retail Fitness are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Kids Retail Fitness.

Major stakeholders, key companies Kids Retail Fitness, investment feasibility and new market entrants study is offered.

Development scope of Kids Retail Fitness in each market segment is covered in this report. The macro and micro-economic factors affecting the Kids Retail Fitness Market

Advancement is elaborated in this report. The upstream and downstream components of Kids Retail Fitness and a comprehensive value chain are explained.

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Global Rotomoulding Powder Market

Global Rotomoulding Powder Market Size, Trends & Growth Opportunity, By Type, By End User, By Region and Forecast till 2027

Global Rotomoulding Powder Market

Rotomoulding also called as rotational molding refers to a process which is used in the manufacturing of plastic moulds without the application of pressure as compared to other moulding process. The main difference between rotomoulding and other method is that the plastic/ resin powder is used to produce moulds. The rotomoulding powder melts in the mould that is rotated in biaxial direction.

The growing demand for lightweight vehicles in the automotive industry is a key driving factor which expected to boost the global rotomoulding powder market growth over the forecast period. Furthermore, the increase in demand for rotomoulding powder from furniture and home interior industry due to the rise in use of rotomoulding powder in the manufacture of furniture components and interiors will positively influence the market growth.  Also, the rise in travel and tourism owing to improved consumer spending in water adventure events and the growing use of recreational boats is projected to drive the demand for rotomoulding powder market in near future. Moreover, the growing demand for hollow plastic products including playground equipment, storage tanks, and containers is expected to support the market growth.

Fluctuations in the raw material prices and stringent rules and regulations regarding plastic production may hinder the global rotomoulding powder market growth during this forecast time period.

Market Segmentation

The Global Rotomoulding Powder Market is segmented into type such as Nylon, Polycarbonate, Elastomers, Plastisol, Ethylene Vinyl Acetate, Polyurethane, Polyvinyl Chloride, and Polypropylene. Further, market is segmented into application such as Furniture, Marine, Automotive, Infrastructure, Storage Tanks, Underground Chambers, Material Handling, Toys, and Rotolining.

Also, the Global Rotomoulding Powder Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

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Market Key Players

Various key players are discussed in this report such as    SABIC,  Broadway Colours Ltd.,   GreenAge Industries, Exxon Mobil Corporation,   CP Powders Sdn Bhd, Matrix Polymers Limited, LyondellBasell Industries N.V., Reliance Industries Limited, Star Rotoplast,   Phychem Technologies Pvt. Ltd., etc.

Market Taxonomy

By Type

Nylon

Polycarbonate

Elastomers

Plastisol

Ethylene Vinyl Acetate

Polyurethane

Polyvinyl Chloride

Polypropylene

 By Application

Furniture

Marine

Automotive

Infrastructure

Storage Tanks

Underground Chambers

Material Handling

Toys

Rotolining

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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[foodandbeveragesupdates]

Acetic Acid Market 2019-2028 Size, Share, Global Development, Revenue, Future Analysis, Business Prospects

The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.

Market Driver:

Advancements in Polymer Development to Bolster Growth

The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films.

Decreased Production to Hamper Market in COVID-19 Pandemic

The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future.

Regional Analysis:

Heavy Investments in Polymers to Promote Growth in Asia Pacific

The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region.

Information source:

[poonamcmi]

Africa Bitumen Market Is Estimated To Witness High Growth Owing To Increasing Infrastructure Development

The Africa Bitumen Market is estimated to be valued at US$418.71 Mn in 2020 and is expected to exhibit a CAGR of 5.3% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Bitumen is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It is primarily used as a binder in road construction and waterproofing applications. The Africa Bitumen Market is witnessing high growth due to increasing infrastructure development in the region. The need for advanced road networks, airport runways, and waterproofing solutions has boosted the demand for bitumen in Africa. Bitumen provides excellent adhesive properties, durability, and resistance to weathering, making it an ideal choice for road construction. Market Key Trends: One key trend in the Africa Bitumen Market is the adoption of modified bitumen for road construction. Modified bitumen is a blend of bitumen and additives that enhance its performance and improve its quality. These additives can include polymers, such as styrene-butadiene-styrene (SBS) or ethylene-vinyl acetate (EVA), which improve the elasticity, flexibility, and resistance of bitumen. Modified bitumen offers better resistance to cracking, rutting, and aging, leading to longer-lasting road surfaces. For example, in South Africa, the South African National Roads Agency Limited (SANRAL) has incorporated modified bitumen in road construction projects to enhance the durability and performance of roads. PEST Analysis: - Political: The political stability of a country is essential for infrastructure development projects, including road construction. Political instability can lead to delays and disruptions in project execution. - Economic: Economic growth and investment in infrastructure drive the demand for bitumen in Africa. Growing economies and urbanization create a need for improved transportation networks and infrastructure facilities. - Social: The growing population and increasing urbanization in Africa are driving the demand for improved road networks and infrastructure facilities. Better road connectivity improves accessibility, reduces travel time, and enhances socio-economic development. - Technological: Technological advancements in the production and application of bitumen are driving market growth. The development of modified bitumen and innovative techniques for road construction enhance the durability and performance of roads. Key Takeaways: - The Africa Bitumen Market Growth is expected to witness high growth, exhibiting a CAGR of 5.3% over the forecast period, due to increasing infrastructure development in the region. - In terms of regional analysis, North Africa is expected to be the fastest-growing and dominating region in the Africa Bitumen Market. The region is witnessing significant investments in road infrastructure, including the construction of new highways and expressways. - Key players operating in the Africa Bitumen Market include Exxon Mobil Corporation, Royal Dutch Shell Plc., RAHA Bitumen, Inc., Tekfalt Binders (Pty) Ltd., SprayPave, Indian Oil Corporation Ltd., GOIL Company Limited, Wabeco Petroleum Ltd., Tiger Bitumen, and Richmond Group. These players focus on strategic partnerships, product innovations, and expansion strategies to gain a competitive edge in the market. In conclusion, the Africa Bitumen Market is expected to grow significantly due to increasing infrastructure development in the region. The adoption of modified bitumen for road construction and advancements in technology are key trends driving market growth. With the fastest-growing and dominating region being North Africa, key players in the market continue to strategize and innovate to stay competitive in this growing market.

[beetelmi]

Laminated Glass Market Forecast 2024 to 2032

Laminated glass is a type of safety glass that is composed of two or more layers of glass bonded together with an interlayer material. The interlayer material is typically made of polyvinyl butyral (PVB) or ethylene-vinyl acetate (EVA). The layers of glass and the interlayer are fused through heat and pressure to create a single, solid piece of glass.

The Laminated Glass Market was valued at USD 126.56 Million in 2022 and is expected to register CAGR of 3.68% by 2032.

Laminated glass's ability to remain intact even when shattered significantly reduces the risk of injuries from flying glass shards during accidents, natural disasters, or break-ins. This has led to its widespread adoption in automotive windshields, building windows, and other applications where safety and security are paramount.

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Laminated Glass Market By Vendors:

AGC Glass

Saint-Gobain

Guardian

CSG Holding

Nippon Sheet Glass

Vitro Architectural Glass

Sisecam Group

Fuyao Group

Taiwan Glass

Viridian

Schott

Benxi Yujing Glass

Carey Glass

JE Berkowitz

Lami Glass

Laminated Glass Market By Types:

PVB

EVA

SGP

Laminated Glass Market By Applications:

Construction

Home and Office

Automotive

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[360-q]

Asian Paints identified as an Innovator in the “Top 16 Paints and Coatings Companies by MarketsandMarkets 360 Quadrant”.

Paints & coatings are colored substances that, when spread cover surfaces, dry, and leave thin coatings that protect surfaces. They are used for the purposes of decoration and protection in architectural and industrial applications. Paints and coatings provide specific properties such as anti-fouling, flame retardancy, and anti-microbial properties. The demand for eco-friendly and healthier coating systems in the construction industry, as well as the growing need to increase performance, durability, and aesthetics, are important factors driving the growth of the paints and coatings market. The market participants are projected to benefit from increased investment in emerging markets. Stringent and time-consuming regulatory measures, on the other hand, present an expense to market participants.

The Paints and Coatings Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Paints and Coatings. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 300 Paints and Coatings companies of which the top 16 paints and coatings manufacturers were categorized and recognized as the quadrant leaders. The 360 Quadrant effectively maps the companies based on factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies that were considered for the market presence of the paints and coatings quadrant.

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Asia Paints – As an Innovator

With a cumulative turnover of 345 billion, Asian Paints is India's major paint and decor industry and is among the top 10 Decorative coatings companies in the world. The company is ranked second in Asia and seventh in the world among major coatings companies. Asian Paints has operations in 15 countries and 27 paint manufacturing plants worldwide, serving customers in over 60 nations. Asian Paints, the parent company, has subsidiaries all over the world, including Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Asian Paints Causeway, and Kadisco Asian Paints.

Asian Paints produces a diverse range of paints for both decorative and industrial applications. Asian Paints Decorative Paints include Interior Paints, Exterior Paints, Wood Paints, and Metal Paints. The company's portfolio also includes waterproofing, adhesives, and wall coverings. It has also introduced the 'Beautiful Homes Service,' an exclusive end-to-end solution that offers users a personalized interior design service with expert execution to help them build their dream homes. Asian Paints has also recently launched a line of Furniture, Furnishings, and Lighting Products under three brands - Nilaya, Royale, and Ador - providing a diverse range of options in the 'Home Décor' sector.

Asian Paints engages in the industrial coatings industry through two 50:50 joint ventures with PPG Inc, USA, one of the world's major automotive coatings manufacturers.  The first joint venture, 'PPG Asian Paints Pvt Ltd,' caters to the expanding needs of the Indian automobile coatings sector. The second joint venture, 'Asian Paints PPG Pvt Ltd,' serves the Indian markets for protection, industrial powder, industrial containers, and light industrial coatings.

The business approved the establishment of a manufacturing plant for VAE (Vinyl Acetate Ethylene Emulsion) and VAM (Vinyl Acetate Monomer) in India in October 2022 for an estimated investment of roughly Rs. 2,100 crores over a three-year period. The production facility's installed capacity would be 100,000 tons per year for VAM and 150,000 tons per year for VAE.

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360 Quadrants Scoring Methodology

360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.

Visit https://www.360quadrants.com to access our interactive quadrants.

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[electronalytics]

Photovoltaic Backsheet Market Key Companies and Analysis, Demand , Trends by 2032

The photovoltaic (PV) backsheet market plays a crucial role in the solar energy industry. The backsheet is an essential component of a PV module that provides electrical insulation and protection to the solar cells from various environmental factors such as moisture, UV radiation, and temperature fluctuations. It acts as a barrier and helps maintain the integrity and efficiency of the solar panels over their operational lifetime.

The Solar Photovoltaic Backsheet market is expected to grow annually by 12.7% (CAGR 2023 - 2030). Market analytics and market coverage are critical components in the Solar Photovoltaic Backsheet market.

Here is an overview of the photovoltaic backsheet market:

Market Growth: The PV backsheet market has been witnessing significant growth in recent years. The increasing demand for clean and renewable energy sources, coupled with supportive government policies and incentives for solar power generation, has propelled the adoption of solar panels, thus driving the backsheet market.

Technological Advancements: The market has seen several technological advancements in backsheet materials and designs. Traditional backsheet materials, such as Tedlar and EVA (ethylene-vinyl acetate), are being replaced by more advanced materials like TPT (Tedlar/PET/Tedlar) and TPE (Tedlar/PET/EVA) with improved durability, weather resistance, and electrical properties.

Types of Backsheets: Backsheets can be categorized into three types based on the materials used: fluoropolymer backsheet, non-fluoropolymer backsheet, and others. Fluoropolymer backsheet, such as Tedlar, is the most widely used type due to its excellent UV resistance and long-term performance. However, non-fluoropolymer backsheets are gaining popularity due to their cost-effectiveness and enhanced performance characteristics.

Regional Market: The PV backsheet market is globally distributed, with major market players and manufacturers present in regions like North America, Europe, Asia Pacific, and the Middle East. China, the United States, and India are among the largest markets for photovoltaic backsheet due to their extensive solar power installations.

Market Players: Several companies operate in the photovoltaic backsheet market, including Krempel GmbH, Coveme S.p.A., 3M Company, Hangzhou First PV Material Co., Ltd., and DuPont, among others. These companies are continuously investing in research and development to enhance the performance and durability of backsheet materials.

Overall, the photovoltaic backsheet market is experiencing steady growth, driven by the increasing adoption of solar energy and advancements in backsheet materials. The market is expected to continue its growth trajectory as solar power becomes a mainstream source of electricity worldwide.

We recommend referring our Stringent datalytics firm, industry publications, and websites that specialize in providing market reports. These sources often offer comprehensive analysis, market trends, growth forecasts, competitive landscape, and other valuable insights into this market.

By visiting our website or contacting us directly, you can explore the availability of specific reports related to this market. These reports often require a purchase or subscription, but we provide comprehensive and in-depth information that can be valuable for businesses, investors, and individuals interested in this market.

“Remember to look for recent reports to ensure you have the most current and relevant information.”

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Market Segmentations:

Global Photovoltaic Backsheet Market: By Company • Agfa • Dupont • Jolywood • Coveme • Isovoltaic • 3M • Hangzhou First • Honeywell • Toray • Cybrid • Dunmore • Krempel • Mitsubishi Polyester Film • Targray Global Photovoltaic Backsheet Market: By Type • Fluoropolymer • Non-Fluoropolymer Global Photovoltaic Backsheet Market: By Application • Utility • Industrial • Commercial • Residential • Military Global Photovoltaic Backsheet Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Photovoltaic Backsheet market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Reasons to Purchase Photovoltaic Backsheet Market Report:

• To obtain insights into industry trends and dynamics, including market size, growth rates, and important factors and difficulties. This study offers insightful information on these topics.

• To identify important participants and rivals: This research studies can assist companies in identifying key participants and rivals in their sector, along with their market share, business plans, and strengths and weaknesses.

• To comprehend consumer behaviour: these research studies can offer insightful information about customer behaviour, including preferences, spending patterns, and demographics.

• To assess market opportunities: These research studies can aid companies in assessing market chances, such as prospective new goods or services, fresh markets, and new trends.

• To make well-informed business decisions: These research reports give companies data-driven insights that they may use to plan their strategy, develop new products, and devise marketing and advertising plans.

In general, market research studies offer companies and organisations useful data that can aid in making decisions and maintaining competitiveness in their industry. They can offer a strong basis for decision-making, strategy formulation, and company planning.

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