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The global demand for Adipic Acid market was valued at USD 7984.2 Million in 2023 and is expected to reach USD 12927.1 Million in 2032, growing at a CAGR of 5.50% between 2024 and 2032.Adipic acid, a white crystalline powder, is primarily used as a monomer in the production of nylon 6,6, a key component in the textile and automotive industries. With its wide-ranging applications in various sectors, the adipic acid market has experienced significant growth over the past few decades. This article delves into the current state of the adipic acid market, its growth drivers, challenges, and future prospects.
Browse the full report at https://www.credenceresearch.com/report/adipic-acid-market
Market Overview
The global adipic acid market was valued at approximately USD 5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth can be attributed to the increasing demand for nylon 6,6, the expansion of the automotive and textile industries, and the rising emphasis on sustainability.
Key Drivers
1. Automotive Industry Growth: Nylon 6,6, derived from adipic acid, is extensively used in the automotive industry for manufacturing various components such as air intake manifolds, engine covers, and radiator end tanks. The lightweight and durable nature of nylon 6,6 makes it a preferred material, driving the demand for adipic acid. The global shift towards electric vehicles (EVs) further fuels this demand, as EVs require lightweight materials to enhance energy efficiency.
2. Textile Industry Expansion: Nylon 6,6 is also a crucial material in the textile industry, used in the production of carpets, apparels, and industrial yarns. The increasing consumer demand for high-performance textiles and the growth of the fashion industry are significant factors propelling the adipic acid market.
3. Sustainability and Green Chemistry: There is a growing emphasis on sustainability and reducing carbon footprints across industries. The adipic acid market is witnessing innovations in bio-based production methods, which utilize renewable raw materials instead of traditional petrochemical sources. These environmentally friendly processes are gaining traction, aligning with global sustainability goals and attracting investments.
Challenges
Despite its promising growth, the adipic acid market faces several challenges:
1. Volatile Raw Material Prices: Adipic acid production relies heavily on petrochemical derivatives such as cyclohexane. Fluctuations in crude oil prices directly impact the cost of raw materials, affecting the overall production cost and market stability.
2. Environmental Concerns: Traditional adipic acid production methods involve the use of nitric acid, leading to the emission of nitrous oxide, a potent greenhouse gas. Stricter environmental regulations and the need to reduce greenhouse gas emissions pose significant challenges to conventional production processes. Companies are investing in research and development to discover more sustainable and eco-friendly production methods.
3. Competition from Alternatives: The development of alternative materials, such as bio-based polyamides and other synthetic fibers, poses a threat to the adipic acid market. These alternatives offer similar properties and, in some cases, better performance, leading to a potential shift in market dynamics.
Regional Insights
The Asia-Pacific region dominates the adipic acid market, accounting for the largest share in 2023. The region's rapid industrialization, expanding automotive and textile sectors, and growing population contribute to this dominance. China, in particular, is a major consumer and producer of adipic acid, driven by its robust manufacturing capabilities and increasing demand for high-performance materials.
North America and Europe also hold significant market shares, with well-established automotive and textile industries. The focus on sustainable production methods and stringent environmental regulations in these regions further drive innovation and market growth.
Future Prospects
The future of the adipic acid market looks promising, with several trends shaping its trajectory:
1. Bio-based Production Methods: Continued advancements in bio-based adipic acid production methods are expected to reduce the environmental impact and enhance sustainability. These methods leverage renewable resources and offer a greener alternative to traditional processes.
2. Technological Innovations: Ongoing research and development efforts are focused on improving production efficiency, reducing costs, and discovering novel applications for adipic acid. Innovations in catalyst technologies and process optimization are likely to drive future growth.
3. Rising Demand for High-Performance Materials: The increasing demand for lightweight, durable, and high-performance materials in various industries, including automotive, textiles, and electronics, will continue to propel the adipic acid market. The shift towards electric vehicles and sustainable practices will further augment this demand.
Key Players
Ascend Performance Materials
Asahi Kasei Corporation
BASF SE
INVISTA
LANXESS
Liaoyang Tianhua Chemical Co., Ltd
Radici Partecipazioni S.p.A.
Solvay
Sumitomo Chemical Co., Ltd.
DOMO Chemicals
Segmentation by Application
In 2023, the nylon production, six fiber application segment dominated the market, accounting for 53.1% of the total revenue. Its significant market share is driven by the expanding use of nylon 6, 6 as a metal alternative in automotive, electrical, and electronic devices, among other things. Nylon 6,6 fiber is also commonly used in technical components such as gears, nuts, bolts, bearings, powder tool casings, rivets and wheels, and rocker box covers. The properties of nylon 6,6 fiber, such as moisture and mildew resistance, high melting temperature, outstanding durability, and improved strength, are predicted to push its employment in a variety of applications in the coming years.
Polyurethane Production also has a consistent growth potential due to its use in a variety of end-use industries.
Segmentation by End-Use Industry
The automotive segment dominated the market over the projection period. The automotive industry mostly uses nylon 66, which is manufactured from adipic acid, due to its superior mechanical, temperature-resistant, and lightweight properties. Adipic acid is commonly used as a monomer in the production of polyamide 6.6 pellets and other polyamides or polymers for engineering plastics, as well as polyurethane for flexible and semi-rigid foam.
However, the food and beverage industry sector has gained significant market share.
Segmentation by Form
The powder form of Adipic Acid is in high demand in the market. Adipic acid powder is widely utilized in a variety of industries, including textiles, automobiles, and food. It is preferred for its portability, storage, and transportation. The powder form enables exact dosing, making it suited for a variety of applications. In addition, the powder form is more stable and has a longer shelf life than the liquid version.
Segmentation by Purity
Food Grade is the fastest-growing section of the Adipic Acid Market. Adipic Acid is becoming increasingly popular in the food business due to its numerous possibilities as a food ingredient. In food and beverage items, adipic acid is used to regulate acidity and increase flavor.
Segmentation by Production Process
Cyclohexane held the largest market share in 2023. Almost all commercial adipic acid is made from cyclohexane. It is commonly utilized as an intermediate chemical in a variety of processes, with around 54% of its output used to produce adipic acid for nylon-66.
However, cyclohexanone is expected to increase at the fastest CAGR of 8.5% throughout the projection period.
Segmentation by Region
North America dominated the global industry in 2023, accounting for more than 32.9% of total revenue
Asia Pacific is predicted to be the fastest-growing regional market
The rest of the world, including Latin America, the Middle East, and Africa, supplies the remaining demand for Adipic Acid.
Browse the full report at https://www.credenceresearch.com/report/adipic-acid-market
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nmsc-market-pulse · 4 months
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Smart Dust Market: Unveiling the Next Frontier in IoT Solutions
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According to the study by Next Move Strategy Consulting, the global Smart Dust Market size is predicted to reach USD 0.7 billion with a CAGR of 20.4% by 2030.
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The Emergence of Smart Dust in the IoT Landscape:
The Internet of Things (IoT) has witnessed remarkable growth and transformation in recent years, revolutionizing how devices interact and communicate with each other. At the forefront of this technological revolution lies Smart Dust, a groundbreaking concept that promises to redefine the way we perceive and utilize connected devices. Smart Dust comprises miniature wireless sensors equipped with computing capabilities, enabling them to collect, process, and transmit data across vast networks. Despite their diminutive size, these sensors possess immense potential, offering a myriad of applications across various industries and sectors.
Understanding the Fundamentals of Smart Dust:
Smart Dust sensors are characterized by their miniature size, typically ranging from a few millimeters to micrometers in diameter. Despite their small stature, these sensors are equipped with a range of sophisticated components, including sensors, microprocessors, and communication modules. This allows them to gather real-time data from their surroundings, process it locally, and transmit it wirelessly to a central hub or server for further analysis. Additionally, Smart Dust sensors are designed to operate autonomously and in large numbers, forming dense networks known as "smart swarms." These swarms can efficiently cover large areas, providing comprehensive data coverage and insights.
Key Features and Benefits of Smart Dust:
One of the key features of Smart Dust is its versatility and adaptability. These sensors can be deployed in a wide range of environments and scenarios, from monitoring environmental conditions in remote wilderness areas to optimizing manufacturing processes in industrial settings. Moreover, Smart Dust sensors are energy-efficient, leveraging innovative power sources such as solar cells or energy harvesting techniques to prolong their operational lifespan. This ensures that they can operate autonomously for extended periods without requiring frequent battery replacements or maintenance.
The benefits of Smart Dust are manifold. By deploying these sensors in diverse environments, organizations can gain valuable insights into critical factors such as air quality, temperature, humidity, and pollution levels. This data can inform decision-making processes, optimize resource allocation, and enhance overall efficiency across various industries. For example, in agriculture, Smart Dust sensors can monitor soil conditions, crop health, and water usage, enabling farmers to make data-driven decisions and optimize agricultural practices. In urban environments, Smart Dust can facilitate smart city initiatives by monitoring traffic flow, air quality, and infrastructure integrity, leading to improved sustainability and liability.
Applications Across Industries:
The potential applications of Smart Dust span across a wide range of industries and sectors. In healthcare, Smart Dust sensors can be deployed for remote patient monitoring, medication adherence tracking, and disease surveillance. By continuously monitoring vital signs and medication intake, these sensors can enable healthcare providers to deliver personalized care and intervene proactively in case of emergencies. Moreover, Smart Dust sensors can play a crucial role in environmental monitoring and conservation efforts. By monitoring parameters such as air and water quality, biodiversity, and habitat integrity, these sensors can help scientists and conservationists better understand and protect fragile ecosystems.
In manufacturing, Smart Dust sensors can enhance predictive maintenance strategies, reducing downtime and optimizing operational efficiency. By continuously monitoring equipment performance and detecting early signs of malfunction or wear, these sensors can enable manufacturers to schedule maintenance tasks proactively, thereby minimizing unplanned downtime and maximizing productivity. Additionally, Smart Dust sensors can facilitate asset tracking and inventory management, enabling organizations to monitor the location and condition of valuable assets in real-time.
Challenges and Opportunities:
Despite its immense potential, the widespread adoption of Smart Dust is not without its challenges. One of the primary concerns surrounding Smart Dust is data privacy and security. As these sensors collect and transmit sensitive information, there is a risk of unauthorized access or misuse, posing potential privacy and security risks. Moreover, ensuring interoperability and compatibility between different Smart Dust systems and platforms remains a challenge. As Smart Dust technology continues to evolve and proliferate, efforts must be made to establish common standards and protocols to facilitate seamless integration and communication between different devices and networks.
Furthermore, advancements in miniaturization, energy efficiency, and sensor reliability are essential to unlock the full capabilities of Smart Dust. Continued research and development efforts are needed to develop smaller, more energy-efficient sensors that can operate reliably in a wide range of environments and conditions. Additionally, addressing concerns related to power consumption and battery life is critical to ensuring the long-term viability and sustainability of Smart Dust deployments.
Despite these challenges, the future outlook for Smart Dust remains promising. As technological advancements continue to drive innovation, we can expect to see further integration of Smart Dust into our daily lives, revolutionizing how we interact with our environment and enabling a more connected and intelligent world. From monitoring environmental conditions to enhancing healthcare delivery, Smart Dust has the potential to transform industries, empower individuals, and improve quality of life.
1. Revolutionizing Disaster Response and Management:
One significant area where Smart Dust can make a profound impact is in disaster response and management. By deploying Smart Dust sensors in disaster-prone areas, emergency responders can gain real-time insights into critical factors such as seismic activity, temperature fluctuations, and air quality. This data can help authorities better understand the evolving situation on the ground, coordinate rescue and relief efforts more effectively, and mitigate the impact of natural disasters on affected communities. Furthermore, Smart Dust sensors can be integrated into early warning systems, providing timely alerts and notifications to residents and authorities in high-risk areas, thereby saving lives and minimizing property damage.
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2. Empowering Sustainable Development Initiatives:
Smart Dust has the potential to play a pivotal role in advancing sustainable development initiatives across the globe. By monitoring environmental parameters such as air and water quality, soil health, and biodiversity, Smart Dust sensors can provide valuable data insights that inform conservation efforts, resource management strategies, and policy decisions. For example, in urban areas, Smart Dust sensors can help city planners optimize energy usage, reduce waste generation, and enhance public transportation systems, leading to more sustainable and resilient cities. Additionally, in rural and remote regions, Smart Dust sensors can support agricultural practices that promote soil conservation, water efficiency, and biodiversity conservation, thereby fostering sustainable livelihoods and economic development.
3. Fostering Innovation in Education and Research:
Furthermore, Smart Dust has the potential to revolutionize education and research by providing unprecedented opportunities for data collection, analysis, and experimentation. In academic settings, Smart Dust sensors can be utilized to conduct scientific research, monitor environmental phenomena, and facilitate hands-on learning experiences for students. By deploying Smart Dust sensors in classrooms and laboratories, educators can engage students in interactive lessons and experiments that foster critical thinking, problem-solving, and innovation skills. Additionally, Smart Dust sensors can enable researchers to gather large volumes of data from diverse environments and ecosystems, accelerating the pace of discovery and innovation in fields such as ecology, biology, and environmental science. Overall, the integration of Smart Dust into educational and research settings has the potential to democratize access to scientific knowledge, inspire the next generation of innovators, and address pressing global challenges.
Conclusion:
In conclusion, the smart dust market represents a paradigm shift in IoT innovation, offering unprecedented opportunities for data collection, analysis, and decision-making. With its miniature size, energy efficiency, and diverse range of applications, Smart Dust is poised to unveil the next frontier in IoT, transforming industries, enhancing efficiency, and improving quality of life. As we embark on this journey of exploration and discovery, the possibilities of Smart Dust are limited only by our imagination. By harnessing the power of Smart Dust, we can create a smarter, more sustainable future for generations to come.
This comprehensive exploration of the Smart Dust Market delves into its fundamentals, applications, challenges, and future prospects, providing insights into how this revolutionary technology is poised to reshape the IoT landscape and drive innovation across various industries and sectors.
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themarketinsights · 9 months
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Automotive Intake Manifold Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2023
Latest released the research study on Global Automotive Intake Manifold Market, offers a detailed overview of the factors influencing the global business scope. Automotive Intake Manifold Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Automotive Intake Manifold The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Magneti Marelli S.p.A. (Italy), Holley Performance Products (United States), Keihin North America, Inc. (United States), Mahle GmbH. (Germany), Edelbrock L.L.C. (United States), Röchling Group (Germany), Sogefi S.p.A. (Italy), Aisin Seiki Co., Ltd. (Japan)
Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/22331-global-automotive-intake-manifold-market-1?utm_source=Organic&utm_medium=Vinay
The automotive intake manifold is the part of an engine that supplies the fuel/air mixture to the cylinders. The design of these components varies according to its application, but they all perform the same function and they all have a single input and multiple outputs. The rapid rise in vehicle production across the globe is projected to augment the demand for automotive intake manifolds in the coming years.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.
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Polypropylene Market Size & Share, Future Growth, Trends Evaluation, Demands, Regional Analysis and Forecast to 2028, Fortune Business Insights
The global polypropylene market size is projected to reach USD 108.57 billion by 2028, exhibiting a CAGR of 5.2% during the forecast period. As per the report by Fortune Business Insights™, titled “Polypropylene Market, 2021-2028”, the market size was USD 75.12 billion in 2020 and is estimated to hit USD 76.00 billion in 2021.
Advancements in Plastic Recycling Technologies to Create New Growth Opportunities
Plastic pollution has become a scourge of development for the planet. Now, chemical industry companies, with support from governments and international bodies, are taking concerted steps to tackle this problem head-on using advanced recycling technologies. For example, in April 2021, INEOS bagged the ISCC Plus award from the International Sustainability & Carbon Certification organization for its successful commercial-scale trials of next-generation recycling technology to produce polypropylene (PP), high-density polyethylene (HDPE), propylene, and ethylene. In the same month, the US Polypropylene Recycling Coalition, a cross-industry collaboration, sanctioned USD 1 million to three facilities to augment the recovery of PP in the US. Thus, growing recognition and improving funding for the plastic circular economy will play a vital role in the development of this market.
Driving Factor
Integration of PP in Electric Vehicles to Catalyze MarketGrowth
With vehicle pollution at an all-time high in major economies, the adoption of electric vehicles (EVs) is surging worldwide. For example, in 2019, global electric car sales reached 2.1 million, according to data released by the International Energy Agency (IEA). The key to enhancing the energy efficiency of EVs is to reduce their weight by employing lightweight materials in the manufacturing of their components. Polypropylene, which is a thermoplastic, is perfectly suited to meet this goal, primarily because it has low density. As a result, many EV makers are actively integrating PP in their products to make them more energy-efficient. For example, the Skoda Scala features 10% low-talc PP from Borealis, which has been used to make the car’s center console, glove box, and instrument panel. Similarly, Renault’s B4D engine leverages a PP compound for the air intake manifold, weighing 15% lesser than manifolds made from traditional polyamide-based materials. In sum, the incorporation of PP-based materials in EVs is the new thriving trend in the plastics industry, which is propelling the market.
Regional Insights
Promising Growth of the Packaging Industry to Aid the Asia Pacific Market
Supported by the spectacular growth of the packaging industry, Asia Pacific is set to dominate the polypropylene market share during the forecast period. The progress of the packaging industry in this region is driven by rapid urbanization in India and China, where packaged foods, beverages, and consumer goods are in high demand. The region’s market size stood at USD 39.95 billionin 2020.
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Molded Plastics Market Growth: Innovations Driving Market Expansion
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Molded plastics are a vital segment of the global plastics industry, offering a wide range of applications across various sectors. These plastics are formed by melting raw plastic materials and then shaping them into specific molds to create products of various shapes and sizes. This process allows for the production of durable and versatile plastic components used in numerous industries.
The molded plastics market has witnessed significant growth over the years, driven by the increasing demand for lightweight, cost-effective, and durable materials in various applications. Molded plastics find extensive use in industries such as automotive, packaging, construction, healthcare, and electronics, among others.
The global molded plastics market is characterized by robust growth, owing to factors such as advancements in plastic molding technologies, a growing emphasis on sustainability, and the rise in urbanization and industrialization worldwide. Manufacturers in this industry continuously innovate to develop materials with enhanced properties, including improved strength, heat resistance, and recyclability.
One of the prominent molded plastics market trends had shifted towards eco-friendly and biodegradable plastics. With increasing environmental concerns and regulations, there is a growing focus on developing plastics that can be easily recycled or decomposed, reducing their impact on the environment.
The automotive industry is a significant driver of the molded plastics market, with applications ranging from interior components like dashboards and door panels to under-the-hood parts such as engine covers and air intake manifolds. The lightweight nature of molded plastics helps in improving fuel efficiency, making them a preferred choice for automakers.
In the packaging industry, molded plastics are widely used for producing containers, bottles, and packaging materials. The versatility of these materials allows for the creation of custom-designed packaging solutions that meet specific product requirements while maintaining cost-effectiveness.
In conclusion, molded plastics represent a dynamic and evolving segment within the plastics industry, offering a diverse array of products and applications. The market's growth is driven by innovation, sustainability efforts, and the demand for lightweight and cost-effective materials across various sectors. As industries continue to adapt to changing consumer preferences and environmental concerns, the molded plastics market is expected to play a pivotal role in meeting these evolving needs.
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ellinapark · 1 year
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Natural Gas Internal Combustion Engine Outlook: World Approaching Demand & Growth Prospect 2023-2028
Global Natural Gas Internal Combustion Engine Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include:
Caterpillar (United States)
Mitsubishi Heavy Industries (Japan)
Cummins (United States)
Daimler AG (Germany)
Deutz (Germany)
Yanmar Company (Japan)
Rolls-royce (United Kingdom)
Hyundai (South Korea)
Agcopower (Finland)
Ashok Leyland (India)
Shanghai Diesel (China)
Compressed natural gas vehicles operate much like gasoline-powered vehicles with spark-ignited internal combustion engines. The engine functions the same way as a gasoline engine. Natural gas is stored in a fuel tank, or cylinder, typically at the back of the vehicle. A CNG fuel system transfers high-pressure natural gas from the fuel tank to the engine’s intake manifold or combustion chamber. The pressure is then reduced to a level compatible with the engine fuel injection system, and the fuel is introduced into the intake manifold or combustion chamber, where it is mixed with air. The fuel-air mixture is then compressed and ignited by a spark plug. Market Drivers The Exponential Growth in Automotive Industry Worldwide
The Rising Demand from Aerospace and Marine Sector
The Growing Environment Concerns Due to Gasoline Combustion
Stringent Government Regulations over Carbon Emissions
Market Trend The Growing Popularity of CNG as a Fuel
Opportunities Technological Advancements in CNG Internal Combustion Engines
The Growth Opportunities from Developing Nations
Challenges The Cost and Placement of Fuel Storage Containers Is the Major Barrier to Wider/Quicker Adoption of CNG as A Fuel
The Natural Gas Internal Combustion Engine market study is being classified 20180 Presented By
AMA Research & Media LLP
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researchvishal · 2 years
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Automotive Air Intake Manifold Market Revenue, Worth, Size, Segment by Type, Application, Key Companies | FMI
According to Future Market Insights (FMI), the automotive air intake manifold market size is poised to reach US$ 52,813.4 Million by 2032 and register growth at 4.9% CAGR over the forecast period (2022-2032).
A push for personal mobility, demand for comfort and safety, preference for premium features and advanced safety is expected to drive the demand in the market. Further, continuing evolution of automotive technology, including driver assistance technologies, and automated driving systems are expected to facilitate the growth in the market.
Further, key players are aiming to deliver even more significant safety benefits and meet the increasing demand for fuel-efficient vehicles. Rising demand for road transportation and growing government intervention in promoting sustainable production of vehicles is likely to propel market growth.
 The material technologies in the automotive air intake manifold have significantly changed, with cast iron, aluminum, and composite plastics. The rising wave of new material technologies, such as nylon 6,6 composite material and impact-resistant plastic, are creating significant potential for automotive air intake manifolds to evenly distribute the combustion mixture to each intake port in the cylinder head, which optimizes the efficiency and performance of the engine.
Rising demand for high-speed racing cars, and stringent regulations to use light-weight materials to improve vehicle maintenance, such as aluminum and advanced composites in passenger cars and commercial vehicles, are critical factors attributed to the automotive air intake manifold market.
Key Takeaways from Market Study
By material type, the aluminum is estimated to account for the highest share of more than 49% in terms of value in 2022.
On the basis of vehicle type, the passenger and sport cars will dominate the market creating an incremental opportunity of nearly US$ 15,199.8 Mn from 2022 to 2032.
By sales channel, OEM is set to account for more than 89% of the global automotive air intake manifold market.
Based on manifold type, the dual plane segment is expected to register fastest growth over the forecast period.
The U.S. is expected to spearhead the growth in automotive air intake manifold market during the evaluation period.
Japan and Korea are expected to vanguard the sales in East Asia automotive air intake manifold marke through 2022 & beyond
 “For better performance and volumentric efficiency of the vehicle, demand for automotive air intake manifold market is expected to surge. Further, with growing production of sustainable and fuel-efficient vehicles, manufacturers are predicted to boost the production of automotive air intake manifold and gain competitive edge”, says a Future Market Insights analyst.
For more information: https://www.futuremarketinsights.com/reports/automotive-air-intake-manifold-market
Market Landscape
The automotive air intake manifold market is identified to be consolidated, comprising market players such as Röchling SE & Co. KG, Marelli Holdings Co., Ltd., MANN+HUMMEL, MAHLE GmbH, and Donaldson Company, Inc. Market players forming supply contracts with local and regional automotive ancillaries are expected to drive market growth.
Furthermore, tie-ups between intake manifold manufacturers are fueling automotive air intake manifold market growth. Moreover, the continual dependency of local automotive OEMs on aftermarket sales will surge demand for automotive air intake manifold during the forecast period.
Automotive air intake manifold Market Projection
The rising trend among automakers to offer automotive air intake manifolds as a mandatory component in their vehicles Passenger cars are one of the significant vehicle segments supporting the expansion. The sector is anticipated to benefit from expanding auto production and rising sales of sports, luxury, and high-end vehicles.
The global automotive air intake manifold market report offers noteworthy insights and analysis for the forecast period of 2022-2032. The report includes macroeconomic factors, regional pricing analysis, market dynamics, value chain analysis, market value, and volume analysis, emerging market trends, important stakeholders, a list of manufacturers and distributors, an industry roadmap for the last five years, channel partners, and strategies deployed by market players to gain a competitive edge.
Key Segments Covered in Automotive Air Intake Manifold Market Analysis
Manifold Type:
Single Plane
Dual Plane
HI-RAM
Supercharger Intake
Vehicle Type:
Passenger and Sport Cars
Light Commercial Vehicles
Heavy Commercial vehicles
Material Type:
Aluminum
Magnesium Alloy
Cast Iron
High Performance Plastics & Composites
Sales Channel:
OEM
Aftermarket
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stratviewresearch · 2 years
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Automotive Fuel Injection System Market Is Expected to Witness an Incredible Growth by 2028
The report on the Automotive Fuel Injection System Market published by Stratview Research covers in depth details associated with the Automotive Fuel Injection System Market.
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The Automotive Fuel Injection System Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Automotive Fuel Injection System Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Automotive Fuel Injection System Market:
• Toyota
• Volkswagen
• General Motors
• Ford
• Nissan
• Hyundai
• BMW
• Audi
Growth drivers and Market Value:
This report, from Stratview Research, studies the Automotive Fuel Injection System Market value and growth drivers over the trend period of 2022-27. According to the report -
The fuel injection system delivers fuel or a fuel-air mixture to the cylinders by means of pressure from a pump. All diesel engine based automotive vehicles must use fuel injection by design because of diesel's greater viscosity and the need to overcome the high pressure of the compressed air in the cylinders. Gasoline engines can use either a carburetor or a fuel injection. Over a period, fuel injection has become the primary fuel delivery system in automotive gasoline engines by replacing carburetors. In gasoline engines, the fuel usually is injected into the intake manifold and mixed with air, and the resulting mixture is delivered to the cylinder.
Segment Analysis:
Based on by Fuel Type:
Gasoline direct injection system will continue to gain market acceptance in the global automotive fuel injection system market. Gasoline direct injection system is continuously replacing traditional gasoline port fuel injection system. Diesel injection system market is expected to experience a sustainable growth during the forecast period, driven by European region.
Based on Regional:
Asia-Pacific is expected to experience the fastest growth in the next five years and will remain the largest market for fuel injection system in the global automotive industry. The growth in Asia-Pacific is largely driven by increasing production of passenger vehicles in China and India to meet the regional demand. Brazil is also likely to offer healthy growth opportunities in the fuel injection system market in the global automotive industry.
Critical Questions Answered in the Report
What are the key trends in the Automotive Fuel Injection System Market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
What is the impact of COVID-19 on Automotive Fuel Injection System Market?
What are the key strategies adopted by the major vendors to lead in the Automotive Fuel Injection System Market?
What is the market share of the top vendors?
Order a Copy of Automotive Fuel Injection System Market report here
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wahid007posts · 2 years
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Thermoplastic Composites Market - Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance
Thermoplastic composites are used in a variety of end-use industries, including aerospace & defense, transportation, wind energy, construction , consumer goods & electronics, sports & leisure, and others. Owing to its recyclability, fast processing,  and ability to remold into different shapes quickly, the demand for thermoplastic composites is expected to grow during the forecast period. However, amidst the global COVID-19 pandemic, the demand for thermoplastic composites from the industries mentioned above is expected to show a sharp decline in 2020 and would recover post 2020. The global Thermoplastic Composites Market size is expected to grow from USD 22.2 billion in 2020 to USD 31.8 billion by 2025, projecting a CAGR of 7.5% during the forecast period between 2020 and 2025.
Download PDF Brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111944669
Browse 205 market data Tables and 48 Figures spread through 247 Pages and in-depth TOC on "Thermoplastic Composites Market”
Glass fiber composites comprise a major share of the composites market in terms of value and volume.
The glass fiber thermoplastic composites are cheaper as compared to carbon, basalt, and aramid fibers composites. Low cost, ability to blend with all the thermoplastic resins, ease of manufacturing, and comparable properties to other fiber thermoplastic composites are driving the growth of glass fiber thermoplastic composites in various end-use industries such as construction, wind energy, transportation, and consumer goods & electronics.
There is a high demand for glass fiber composites from the transportation, consumer goods & electronics, and wind energy industries. However, the demand for glass fiber thermoplastic  composites is expected to decline in 2020 due to COVID-19 that has enforced lockdown across national and international borders.  This has resulted in reduced automotive and consumer goods & electronics products sales. The recovery in the end-use industries would restore the demand for glass fiber thermoplastic composites during the forecast period.
PA resins accounts for the largest market share in the global thermoplastic composites market in terms of value and volume.
The high demand is mainly driven by the growing consumption of short glass fiber reinforced polyamide in transportation, sports & leisure, consumer goods, industrial, marine, energy, oil & gas, and construction & building applications. But, because of the lockdown situation occurred due to COVID-19, many floor workers are unable to work in manufacturing facilities, which has resulted in the reduction in output of resins and price fluctuations. Thus, the demand for PA thermoplastic resins is expected to decline in 2020. With the recovery of aforementioned industries, demand for PA based thermoplastic composites would rise gradually during the forecast period.
SFT holds a significant revenue share in the global thermoplastic composites market in terms of value and volume
High demand for SFT in transportation, consumer goods & electronics is driving the growth of the SFT thermoplastic composites market. China is the major market for SFT due to wel established automotive and electronics industries. However, the country being majorly affeceted by the pandemic, the demand for SFT in the automotive and electronis indutreis has reduced. The demand is expected to stabilize in 2021 and would increase with recovery of the industries.
The transportation end-use industry accounts for the largest market share in the global thermoplastic composites market during the forecast period in terms of value and volume.
The demand for lightweight thermoplastic composites is driven by the increasing emphasis on enhancing fuel-efficiency in the automobile industry. Thermoplastic composites are widely used in interior automotive parts, which include brake pedals, airbag modules, engine noise shielding, instrument panel carrier, trunk liners, and air intake manifolds, among others. The demand for thermoplastic composites in automotive and penetration in electric vehicles has been severely impacted by the COVID-19. However, the demand for the thermoplastic composites would surge with recovery of the global automotive and electric vehicle sectors post 2020. .
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APAC is expected to account for the largest market share in the thermoplastic composites market during the forecast period.
APAC accounts for the biggest share of the global thermoplastic composites market. The electrical & electronics, automotive, and consumer goods sectors are the major consumers of thermoplastic composites in the region. North America is the second major consumer of thermoplastic composites. Aerospace & defense and automotive are the major industries fueling the growth of the thermoplastic composites market in this region. Moreover, the US is a manufacturing hub of various commercial, military, and private aircraft. However, the COVID-19 outbreak has affected the demand for thermoplastic composites in the region. On the positive side, the pandemic COVID-19 has instigated nations such as India to reduce dependency on imported goods and manufacture parts/components locally. Such initiatives coupled with recovery in the thermoplastic composites end-use industries will increase the demand for thermoplastic composites in APAC.
The key players in the thermoplastic composites market include BASF SE (Germany), Celanese Corporation (US), SABIC (Saudi Arabia), DowDuPont Inc. (US), Koninklijke DSM N.V. (Netherlands), Toray Industries, Inc. (Japan), and Lanxess AG (Germany). Among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the composites market. These players have taken different organic and inorganic developmental strategies over the past five years.
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sramfact · 2 years
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The global automotive plastics market for passenger cars size is projected to grow from USD 21.1 billion in 2021 and is projected to reach USD 30.8 billion by 2026, at a CAGR of 7.9%. The demand for automotive plastics is mainly driven by the increase in passenger car production and the increasing utilization of automotive plastics in vehicle designs. Plastics offer a maximum weight reduction for automobiles, which in turn reduces carbon emissions. These could be the major reasons propelling the market.
The shift towards the use of bioplastics in vehicle production, the use of anti-microbial plastics and additives, the use of composites and PMMA, and the growing trend of vehicle electrification have increased the demand for automotive plastics across the globe. The development of 3D printing technology is expected to act as a new opportunity for the automotive plastics market for passenger cars to grow. However, the high cost of capital and infrastructure for re-engineering plastics is expected to hinder market growth during the forecasted period. 
The under-bonnet is the fastest-growing application segment of the automotive plastics market for passenger cars during the forecast period. Automotive plastics used in the manufacturing of under-bonnet components of passenger cars include Polypropylene, PBT, polyamide, and other engineered plastics. The use of plastics in under-bonnet applications provides high durability, high-temperature resistance, strength, and rigidity to automobiles. The under-bonnet segment includes components such as the battery, onboard chargers, connectors, cables, electric motor, anti-lock braking system, hoses, hydraulic booster unit, load-sensing valve, master cylinder, metering valve, fuel delivery modules, intake manifolds, brackets, duck work, accumulator pistons pressure differential valve, proportioning valve, and thermal management system which require plastics in their manufacturing.
Polyamide is the fastest-growing product type segment of the automotive plastics market for passenger cars during the forecast period, owing to its enhanced properties, such as impact strength and superior surface finish. Commonly used grades are PA 6 and PA 66. It has various properties such as high stiffness, strength, dimensional stability, high temperature and abrasion resistance, and low friction characteristics, along with chemical, flame, abrasion, creep, and fatigue resistance. Moreover, owing to their excellent strength and toughness at the time of exposure to hot and automotive fluids, polyamides are used for automotive thermal management and other applications areas including gears, bushes, cams, bearings, and weatherproof coatings, etc.
BASF SE (Germany), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (Netherlands), LG Chem (South Korea), DuPont (US), Covestro AG (Germany), Evonik Industries AG (Germany), Solvay (Belgium), Arkema SA (France), Borealis AG (Austria), LANXESS (Germany), DSM (Netherlands), Toray Industries Inc. (Japan), Mitsui Chemicals (Japan), Celanese Corporation (US), Toyota Boshoku Corporation (Japan), Faurecia SA (France), TOYODA GOSEI Co., Ltd. (Japan), INEOS (UK), Sumitomo Chemicals Co. (Japan), Ltd., UBE Industries (Japan), Mitsubishi Engineering Plastics Corporation (Japan), Formosa Plastics Corporation (Taiwan), EMI Chemi Holdings (China), and Momentive Performance Materials (US) are some of the leading players operating in the automotive plastics market for passenger cars. These players have adopted the strategies of acquisitions and partnerships to enhance their position in the market.
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