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APAC Cleanroom Disposable Gloves Market to cross USD1,512.4 Million by 2026

2019-12-02T17:34:35.597Z

APAC Cleanroom Disposable Gloves Market

Asia-Pacific Cleanroom Disposable Gloves Market Outlook 2019-2026:

APAC Cleanroom Disposable Gloves Market key players are Dia Rubber Co. Ltd.; Asiatic Fiber Corporation, Woojin ACT Co. Ltd.; Kimberly-Clark Corporation, Riverstone Holdings Ltd.; Careplus Group Berhad, UG Healthcare Corporation, Nitritex Limited, Valutek, and Jiujiang Haorui Industry & Trade Co. Ltd.

According to a new report published by Allied Market Research titled, "Asia-Pacific Cleanroom Disposable Gloves Market by Material Type and End User: Opportunity Analysis and Industry Forecast, 2019 - 2026,"the market accounted for revenue of $804.1 million in 2018 and is anticipated to generate $1,512.4 million by 2026. The market is projected to grow at a CAGR of 8.1% from 2019 to 2026.

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Cleanroom disposable gloves form an essential part of maintaining hygienic conditions, ensuring security of patients and caregiver, and safeguarding against infections. These are used while performing diagnostic tests to ensure safety of the personnel. The usage of gloves minimizes the possibility of infection due to blood flow, pathogens, and other external factors. The adoption of disposable medical gloves has been a prerequisite for medical applications globally.

The Asia-Pacific cleanroom disposable gloves market is expected to be heading toward expansion phase during the forecast period. Factors that propel the market growth include increase in demand from semiconductors industry in countries such as India, China, Japan, Korea, and Vietnam. Developing countries, specifically East Asian Countries, have siphoned semiconductor manufacturing away from the U.S., through industrial policy, tax incentives and advance technology with low-cost labor. Furthermore, the market is also driven by their requirement in medical and surgical applications to ensure safety and hygiene. In addition, the rise in number of end users, such as healthcare and pharma industries, is anticipated to supplement the market growth. However, volatility in prices of raw materials and high cost associated with installation of cleanroom spaces are some of the significant factors expected to hamper the market during the forecast period. In addition, allergic reaction from certain gloves is also expected to hamper the market growth.

India is expected to be the fastest growing country, due to rise in demand for cleanroom disposable gloves from semiconductor industry and hospitals.

The Asia-Pacific cleanroom disposable gloves market analysis covers in-depth information of major industry participants. The key players operating and profiled in the market include Ansell Ltd., Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Ltd.; Rubberex Corporation Berhad, Top Glove Corporation Bhd, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, and Semperit AG Holding.

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Key Findings of the Asia-Pacific Cleanroom Disposable Gloves Market:

The market is forecasted from 2019 to 2026, considering 2018 as the base year
The market is projected to grow at a highest CAGR of nearly 8.1%, in terms of revenue, during the forecast period
The Neoprene segment is anticipated to witness fastest growth rate of 8.7%, in terms of revenue, during the forecast period
China dominated the market with a revenue share of over 34.0% in 2018
The Asia-Pacific cleanroom disposable market trends are analyzed across China, Japan, South Korea, Philippines, Vietnam, Taiwan, India, Malaysia, and rest of Asia-Pacific
The Asia-Pacific cleanroom disposable gloves market share has been analyzed across all segments
A comprehensive analysis of the factors that drive and restrain the Asia-Pacific cleanroom disposable gloves market growth is provided
An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves
The qualitative data in this report aims at the market dynamics, trends, and developments in the Asia-Pacific cleanroom disposable gloves industry.
The quantitative data provides the Asia-Pacific cleanroom disposable gloves market size in terms of revenue and volume

Europe Fiber Cement Market to hit at USD4.5 Billion by 2023

2019-12-02T17:22:01.525Z

Europe Fiber Cement Market

Europe Fiber Cement Market Outlook 2013-2023:

Europe Fiber Cement Marketmajor players are Evonik Industries AG, GIP GmbH, MASTERTEC GmbH & Co. KG, Briarwood Products Ltd., RILCO UK, VIVALDA Limited, BRICQ SAS, PLAKA Group France SAS, Compagnie de Saint-Gobain S.A., Amiantec 3000, S.L., Grupo LOHE F.S., S.A., Tubex SA, Bernardelli Group, and LANDINI S.p.A. di Landini Cav. Mirco.

A recent report published by Allied Market Research, titled, Europe Fiber Cement Market-Opportunity Analysis and Industry Forecasts, 2013-2023, projects that the Europe fiber cement market is estimated to reach $4,411 million, registering a CAGR of 4.6% from 2018 to 2023. Moreover, the Western European region is expected to dominate the European market by 2023, registering a CAGR of 4.9% from 2018 to 2023.

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Increase in the growth of the construction industry, ban on asbestos cement products, high efficiency of fiber cement products, and rapid urbanization & industrialization in developing countries drive the growth of the Europe fiber cement market. In addition, increase in infrastructure investments act as an opportunity for the Europe market. However, dearth of skilled labor in the developing countries of Europe is expected to hamper the fiber cement market growth.

Fiber cement products have gained popularity in the region in recent years. Homeowners prefer fiber cement siding over vinyl siding, owing to its durability, resistance to termites and water, fire retardant property, and low maintenance. Growth in interest of consumers towards fiber cement boards, sheets, slates, and other products has created lucrative opportunities for fiber cement manufacturers to offer various products in darker tones and natural hues.

The end users of the fiber cement industry are residential and commercial sectors. The commercial sector segment generated the highest revenue in 2016, owing to large-scale installation of fiber cement products in industrial infrastructure projects. However, the residential sector is expected to experience quick growth during the forecast period, owing to rapid urbanization in the developing regions of Europe.

Western Europe was the highest revenue contributor to the fiber cement market in 2016 and is expected to maintain its position throughout the forecast period. Rapid renovation projects in countries such as Germany, the UK, Sweden, and France have led to high adoption of fiber cement products in the region, and is anticipated to boost the fiber cement market.

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Key Findings of the Europe Fiber Cement Market:

Western Europe is projected to be the fastest growing region, in terms of revenue, registering a CAGR of 4.9% during the forecast period.
The trim segment is anticipated to witness highest growth rate during the forecast period.
Germany dominated Western Europe in 2016 and is estimated to continue its dominance throughout the forecast period.
Czech Republic is projected to register highest growth during the period 2018-2023.
The commercial segment was the highest revenue contributor to the Europe fiber cement market in 2016, accounting for 61.4% share and is expected to maintain its dominance throughout the forecast period.

Brazil and Mexico Oleochemicals Market is set to cross $782.3 Million, by 2025

2019-12-02T17:05:56.784Z

Brazil and Mexico Oleochemicals Market

Brazil and Mexico Oleochemicals Market Outlook 2017-2025:

Top players added in this Brazil and Mexico Oleochemicals Market report areIOI Group, BRAIDO, EMERY OLEOCHEMICALS, Musim Mas Holdings Pte. Ltd, Baerlocher GmbH, CREMER OLEO GmbH & Co. KG, MATERIA HNOS S.A.C.I.F, Wilmar International Ltd, QUIMIC, and Godrej.

The Brazil and Mexico oleochemicals market was valued at $521.2 million in 2017, and is projected to reach $782.3 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025. The fatty acid segment accounted for more than 48% share of the Brazil and Mexico oleochemicals market in 2017.

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Oleochemicals are obtained from bio-based resources, such as animal fats and plant oils, to provide sustainable and high-performance alternatives to petrochemical-originated products. They are used for production of solvents, lubricants, biodiesel, and bioplastics. As the price of crude oil increases, manufacturers prefer to switch from petrochemicals to oleochemicals, as they are plant-based sources and serve as an economical source. Moreover, oleochemicals are widely preferred in several applications, such as pharmaceutical, food & beverage, soap & detergent, and others, owing to the fact that they are biodegradable, environmental-friendly, and possess low toxicity.

Increase in demand for bio-degradable products and sustainable solutions and implementation of government regulations towards the use of environmentally-friendly products boost the demand for oleochemicals. Furthermore, several new applications of oleochemicals, such as biopolymers, biosurfactants, and biolubricants, which have emerged as substitutes for petroleum-based products, are expected to offer lucrative growth opportunities for the Brazil and Mexico oleochemicals market. However, volatile prices of raw material restrain the growth of the market.

On the basis of type, the market is segmented into fatty acid, fatty alcohol, glycerol, and others. In terms of both value and volume, the fatty acid segment dominated the Brazil and Mexico oleochemicals market in 2017, owing to their increase in application in soap and detergent industries.

By application, the market is segmented into pharmaceutical, cosmetics & personal care, food & beverage, soaps & detergent, and animal feed. In Brazil, the home care segment, which includes soaps and detergents, dominated the market in 2017. However, the personal care & cosmetics segment is projected to be the most attractive market during the forecast period.

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Key Findings of the Brazil and Mexico Oleochemicals Market:

The fatty acid segment in the Brazilian oleochemicals market was the highest revenue generator in 2017.
The Mexican fatty alcohol segment is projected to be the most lucrative market during the forecast period.
The home care segment, which includes soaps and detergents, dominated the market in 2017.
In terms of volume, the fatty acid segment generated the maximum revenue for the Brazil and Mexico oleochemicals market in 2017.
Brazil accounted for more than 70% of the market in 2017.

The Brazil and Mexico fatty acid market is predicted to witness major growth, owing to increase in demand from the soap and detergent industry. Moreover, fatty acids have a broad range of applications in several industries, such as varnishes, detergents, paints, textile chemicals, insecticides, synthetic rubber formulations, and rubber compounding, which fuel the demand for oleochemicals in the Brazil and Mexico market. Furthermore, the market for fatty acids has been experiencing growth in both the Brazil and Mexico regions, owing to increase in consumption of fatty alcohols in surfactant-based industries, such as cosmetics, soaps, and detergents, and personal care products. This high consumption for fatty acids by various end-user industries has further elevated the demand for oleochemicals. The major application of oleochemicals has been making soaps and detergents. Lauric acid, which is used to produce sodium lauryl sulfate and compounds, is utilized to make soaps and detergents. Detergent surfactants are a better liquid-form solution used for the cleaning purpose. The surfactants used in detergents are made up of oleo chemicals, sulfurtrioxide, sulfuric acid, and petrochemical solutions. Rise in healthcare awareness boosts the demand for soaps and detergents, as essential sanitizing products. As a result, the demand for oleochemicals is predicted to increase, thereby supplementing the growth of the market.

Plastic Additives Market to hit USD57.8 Billion by 2020

2019-12-02T16:55:06.926Z

Plastic Additives Market

Plastic Additives Market Outlook 2019-2026:

Global Plastic Additives Market key players are BASF, Chemtura Corporation, Exxon Mobil Corporation, Bayer Ag, Clariant Ltd. and Kaneka Corporation.

Plastic Additives Market in terms of volume was estimated at 12.6 million tons in 2013 and is expected to reach 17.1 million tons by 2020 growing at a CAGR of 4.4% during 2013-2020, according to a new report published by Allied Market Research.

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Decreasing mineral ore sources have increased the cost of metal equipment, which has triggered the application of plastics to replace the metal equipment. The low cost of plastic equipment and properties that match metal equipment is also pushing the higher adoption of plastics in a number of applications. Thus the demand for additive which enhances the properties of plastics is also on rise. The companies involved in manufacturing of additives are majorly concentrating on specialty chemicals that are used in construction and automobile equipment.

The Global Plastic Additives Market growth is dampened by strict government regulations as some plastics additives such as Chlorinated flame retardant are banned in countries, namely Canada, U.S. and the European Union. The pending legal suits are also hindering the growth of plastic additive market. Companies are facing problems with lawsuits such as patent imitation suit, commercial application of banned product etc.

The plastic additives manufactures have high focus on developing economies due to economical advantages. Asia-Pacificis the largest revenue generating region among other geographies due to the availability of low cost raw material and economical work force. However, the availability of economical work force in under developed economies such as in Africais also attracting the global players. The Asia-Pacific and Rest of the world region shared 42.1% revenue in 2013 which is expected to soar to 60% by 2020. The increase in consumption of plastic products and raising awareness for the preservation of depleting resources is facilitating the growth of plastic additive market in these regions.

Plastic additive market by type is segmented into Plasticizers, Flame Retardants, Impact Modifiers, Antioxidants, Anti-microbial and UV Stabilizers. The plastic additive market by types is ruled by plasticizers in terms of volume as well as values. The plasticizers market was valued of$21.4 billion in 2013 and expected to lead in terms of revenue generation throughout the analysis period. The multiple applications of plasticizers in manufacturing plastic products are promoting the market as compared to others segments. The flame retardants plastic additives market has highest growth potential which is forecast to grow at a CAGR of 5.4% during 2013-2020. Furthermore, antimicrobial market which is expected to grow at a moderate growth is promoted due to increase in demand for disposable products in healthcare industry.

Plastic additives market is expected to grow in developing economies such asIndia, China, and Japan. The developing economies are more lucrative for the global players operating in this market due to availability of low cost labors and raw materials.

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The companies involved in the manufacturing of chemicals are trying to capture the natural resources to create monopolistic environment in supply chain of plastic additive and other chemicals market. Recently, Neftegaz America Shelf (a subsidiary of Roseneft) acquired 30% shares of deep water exploration of ExxonMobil (Gulf of Maxico). This agreement had initiated the production and refining of petroleum products in that block.

Melamine Formaldehyde Market to hit USD655 Million by 2022

2019-12-02T16:41:58.737Z

Melamine Formaldehyde Market

Melamine Formaldehyde Market Outlook 2014-2022:

Global Melamine Formaldehyde Market key players are Allnex Belgium SA/NV, BASF SE, Chemiplastica SA, Georgia-Pacific Chemicals LLC, Hexza Corporation Berhad, Hexion Inc., INEOS Group, Mitsui Chemicals Inc., Nissan Chemical Industries, Ltd., and Pacific Texchem Pvt. Ltd.

Melamine formaldehyde market was valued at $410 million in 2015 and is expected to reach $655 million by 2022, registering a CAGR of 6.9% during 2016-2022, According to a new report published by Allied Market Research. Laminates dominated the market and is expected to continue this trend during the forecast period.

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Melamine formaldehyde is a thermal resistant polymer used in the manufacturing of laminates, decorative panels, wood adhesives, molding compounds, and as cross linking agent in surface coatings. The market is segmented based on applications and geography. The raw material for melamine formaldehyde comprise melamine, formaldehyde, alkalis, tetrahydrofuran, and other chemicals.

In 2015, the laminates segment held more than two-fifths share and is expected to continue this trend during the forecast period. This is due to the extensive need for protection of furniture from severe environmental conditions that is provided by melamine formaldehyde coating, due to its excellent heat and thermal resistance.
Fluctuation in prices of raw material and government regulations related to melamine & formaldehyde could hamper the market growth. Moreover, surge in demand for melamine formaldehyde in the automotive industry and replacement of urea formaldehyde in various products could create growth opportunities for the market players. In 2015, the wood adhesives segment of application accounted for second largest share of this market, in terms of revenue. However, the surface coating segment is anticipated to grow at the highest CAGR, in terms of value and volume.

Key Findings of Melamine Formaldehyde Market

Surface coating is anticipated to be the fastest growing application segment in terms of value, growing at a CAGR of 7.7%, during 20162022.
Asia-Pacific is expected to dominate the global melamine formaldehyde market in terms of value and volume.
LAMEA is the fastest growing region in terms of revenue with CAGR of 7.7% during the forecast period.
In 2015, the others application segment comprising floor tiles, overlay materials, and particleboards occupied the third largest market share, in terms of revenue.
China has the highest demand and supply for melamine formaldehyde.

Asia-Pacific accounted for about half of the total melamine formaldehyde market, both in terms of revenue and volume and is expected to maintain its dominance during the forecast period. The upsurge in automotive demand and the massive growth in construction industry specifically in India, China, and other emerging countries employing the products of melamine formaldehyde have contributed significantly to the market growth.

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Bio-Based Platform Chemicals Market to grow USD18.8 Billion by 2021

2019-12-02T16:29:40.177Z

Bio-Based Platform Chemicals Market

Bio-Based Platform Chemicals Market Outlook 2014-2021:

Global Bio-Based Platform Chemicals Market major players are Succinity GmbH, Bio-Amber Inc., Myriant Corporation, Novozymes, Cargill Incorporated, DSM, Metabolix Inc., GF Biochemicals, E.I. du Pont de Nemours and Company and Prinova LLC.

Bio-Based Platform Chemicals Market is expected to garner $18.8 billion by 2021. Asia-Pacific held a dominant share in the global bio-based platform chemicals market in 2015, and is expected to maintain this position throughout the forecast period.

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Platform chemicals represent a group of twelve (one not commercialized yet) building block chemicals that can be produced from sugars via biological conversions. Factors responsible for the growth of the bio-based platform chemicals market are volatility in crude oil prices, availability of loEdit Linkw cost feedstock and favorable government regulations towards bio-based products. Furthermore, rising adoption of bio-based chemicals in different industries such as personal care, pharmaceuticals, food & beverages including others are some of the key factors driving the market growth. However, high production cost of bio-based chemicals is likely to hamper the market growth.

C-3 chemicals (Glycerol and 3-hydroxypropionic acid) accounted for the highest consumption in 2015, owing to its unique property of getting converted into various other useful chemicals such as alcohols, acids and resins. Furthermore, absence of a petrochemical route for the production of (3-hydroxypropionic acid) 3-HP, drives the C-3 platform chemicals market growth. 3-HP can be transformed into different high-value chemicals such as 1,3-propanediol, acrylic acid, methyl acrylate, acrylamide, malonic acid, ethyl 3-HP, propiolactone and acrylonitrile. These high value chemicals are used in a variety of applications such as solvents, plastics & molding, fibers & resins, composites, adhesives, laminates, floor polishes, paints & coatings, aliphatic polyesters & copolyesters, wastewater treatment, gel electrophoresis, papermaking, ore processing, vitamins and disinfectants used to sterilize vaccines, tissue grafts, blood plasma, surgical instruments and enzymes.

C-5 chemicals forms second most dominating group in bio-based chemicals market with glutamic acid as major contributor apart from levulinic acid, itaconic acid and xylitol. Glutamic acid and its derivatives have capability to replace traditional petroleum based polymers such as polyesters and polyamide whereas itaconic acid potential to produce verity of the high value chemicals such as 3-methyl pyrrolidine, 3-methyl NMP, 4-methyl NMP, 2-methyl-1,4-BDO, 3-methyl THF, 3-methyl GBL, 4-methyl GBL, 2-methyl-1,4-butanediamine, and itaconic diamide making them fastest growing chemicals in C-5 chemicals group.

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Key Findings of Bio-Based Platform Chemicals Market

C-3 and C-5 platform chemicals, together, accounted for more than 89% of total bio-based platform chemicals consumption in 2015.
LAMEA bio-based platform chemicals consumption is projected grow at the CAGR of 8.5% during analysis period.
Asia-Pacific was the highest consumer of bio-based platform chemicals across the globe in 2015.
Bio-medical industry application segment of glycerol (C-3 platform chemicals) is projected to grow at the CAGR of 25.2%.
Out of total C-3 chemicals consumed, 3-hydroxypropionic acid accounted for more than 60% share in 2015.
Fumaric acid accounted the largest share of the total C-4 platform chemicals.
North America was the highest consumer of glutamic acid (C-5 platform chemical) in 2015 and is expected to maintain its lead through 2020.

Source Medium: https://www.prnewswire.com/news-releases/global-bio-based-platform-chemicals-market-is-expected-to-reach-188-billion-by-2021-581507521.html#

Seed Treatment Market to hit $9.3 Billion by 2026

2019-12-02T16:17:51.927Z

Seed Treatment Market

Seed Treatment Market Outlook 2019-2026:

Global Seed Treatment Market major players are BASF, Bayer CropScience, Syngenta AG, DuPont, Chemtura Corporation, Monsanto, Novozymes A/S, Nufarm Limited, Valent USA Corporation, and Sumitomo Chemical Company.

The global market is expected to reach $9.3 billion by 2026, growing at a CAGR of 8.1% during the period 2019 - 2026. The insecticide segment held a dominant share in this market in 2018 and is expected to maintain its leading position during forecast period. The cereals & grains crop segment is projected to grow at the highest CAGR during the forecast period.

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The global seed treatment market size is expected to grow at a substantial pace due to its cost effectiveness and efficiency over traditional pesticides making it at better crop protection solution. The cost associated with agrochemicals application for seed treatment is low as only seeds surface needs to be covered with agrochemicals as compared to spraying or a soil application. Factors that fuel the market growth are increasing prices of genetically modified (GM) crops, rapidly growing population, rising food requirement and need for crop protection with emergence of new pest and diseases. Furthermore, high investment in commercial and value-added seeds are augmenting the growth of the Seed Treatment Market in order to ensure better performance.

The insecticide segment contributed for more than half of the market share in the overall market in 2018. The attribute of ability to formulate with the combination of two or more seed treatment chemicals, such as combination of two insecticide or combination of insecticide and fungicide, has led to an extensive use of insecticide in seed treatment. Along with this, its potential to manage several early-season insects effectively is another reason attributed to its sustained dominance in the seed treatment market. Thiamethoxam, imidacloprid, and clothianidin are few leading active ingredients used in insecticides, which belong to the neonicotinoid of insecticides. Bio-control seed treatment is widely preferred owing to its non-toxic nature and its favorable effects on yield. Bio-control seed treatment helps to increase crops efficiency in nutrient uptake and protect the crops with minimum no residue. It is projected to be the fastest growing segment a during the forecast period.

The use of seed treatment in the cereals & grains segment would continue to dominate the market from 2018 to 2026. This is primarily due to the high global production of grains such as corn, rice, and wheat. The growth in these crop productions is associated with the adoption of modern agricultural technology in farming. These crops are widely treated against seed and soil-borne insects, diseases, and nematodes.

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Key Findings of the Seed Treatment Market :

The cereals & grains segment occupied the largest market share in 2018.
The insecticide application segment would continue to dominate the seed treatment market throughout the forecast period.
Asia-Pacific is expected to grow with the highest CAGR during the forecast period
North America and Europe are the dominating regions collectively accounting for two third of the total market.
The LAMEA seed treatment market share is estimated to be the fastest growing region in global seed treatment market, registering a CAGR of 9.5%.
Argentina is projected to be fastest growing country in LAMEA seed treatment market.

Source medium: https://www.prnewswire.com/news-releases/seed-treatment-market-to-garner-9-3-bn-globally-by-2026-at-8-1-cagr-says-allied-market-research-300963662.html

Sludge Treatment Chemicals Market to cross $5.5 Billion by 2022

2019-12-02T14:42:45.542Z

Sludge Treatment Chemicals Market

Global Sludge Treatment Chemicals Market Outlook 2015-2022:

Global Sludge Treatment Chemicals Market top players are BASF SE, Kamira OYJ, Amcon Inc., GE Water & Process Technologies, Ovivo Inc., Accepta Water Treatment, Ecolab Incorporated, Kurita Water Industries Ltd., Beckart Environment, Inc., The Dow Chemical Company, Hubbard-Hall Inc.

Sludge Treatment Chemicals Market is expected to garner $5.5 billion by 2022, registering a CAGR of 5.3% during the period 2016-2022. The global demand for sludge treatment chemicals has gained traction owing to the stringent government regulations for sludge disposal into the environment. Among these chemicals, coagulants held about two-third of the market share in 2015.

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The food & beverage industry segment held the highest market share of about 19.30% in 2015 as sludge treatment chemicals are used in large quantities to treat wastewater that has high BOD (Biochemical Oxygen Demand) and COD (Chemical Oxygen Demand) content. In addition, the treatment of sludge generated by the food & beverage industry is foremost important, as BOD and COD have obligations in terms of public health and environmental issues. Further, the metal processing industry is expected to be the fastest growing application segment during the forecast period.

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Key Findings of Sludge Treatment Chemicals Market

Coagulants segment occupied highest share in 2015.
North America would continue to lead the market throughout 2022.
China was one of the leading consumers of the sludge treatment chemicals in the Asia-Pacific region in 2015.
Rate of consumption of flocculants is expected to increase at highest pace in metal processing industry among all the industries.

North America and Europe collectively accounted for more than half of the total sludge treatment chemicals market, in 2015 and are expected to maintain their lead position throughout the forecast period. Huge number of wastewater treatment plants coupled with advanced sludge management programs such as usage of biocides in fertilizers and electricity generation among others are the key factors responsible for the growth of the sludge treatment chemicals market in these regions. However, Asia-Pacific is projected to be the fastest growing segment during the forecast period, due to increasing industrial activities coupled with rising environmental awareness among the consumers.

Source Medium: https://www.prnewswire.com/news-releases/world-sludge-treatment-chemicals-market-is-expected-to-reach-55-billion-by-2022-575534271.html#

High-Temperature Honeycomb Sandwich Materials Market to touch USD418.5 Million by 2022

2019-12-02T14:29:05.204Z

High-Temperature Honeycomb Sandwich Materials Market

High-Temperature Honeycomb Sandwich Materials Market Outlook 2014-2022:

Global High-Temperature Honeycomb Sandwich Materials Market top players are Indy Honeycomb, Benecor, Inc., EconCore N.V., Ulbrich Stainless Steels & Special Metals, Inc. including others.

High-Temperature Honeycomb Sandwich Materials Market key benefits:

Stainless steel segment occupied highest share in the global high temperature honeycomb sandwich market in 2015.
Expansion technology occupied the highest share in 2015 and this trend is expected to continue during analysis period.
Corrugation technology is estimated to be fastest growing segment with a CAGR of 10% from 2016 to 2022.
LAMEA would be the fastest growing region during the forecast period.
North America is the leading consumer of high-temperature honeycomb sandwich and is projected to continue this position throughout forecast period.

High-Temperature Honeycomb Sandwich Materials Market is expected to garner $418.5 million by 2022, registering a CAGR of 9.6% during the period 2016-2022. The global demand for high-temperature honeycomb sandwich materials has gained traction owing to its superior mechanical performance and lightweight nature. The stainless steel segment held more than one-third share of the total market in 2015, due to its low cost and high strength.

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Increase in popularity of high-temperature honeycomb sandwich is caused due to properties such as high strength-to-weight ratio, high stiffness-to-weight ratio, and corrosion resistance at high temperatures conditions. The key applications of high-temperature honeycomb sandwich include, aerospace & aircraft, automotive, satellites, and others for instance F1 race cars and electronics. This market has witnessed significant growth caused by its diverse use in the aforementioned applications, growing at a fast pace, and is expected to remain constant. Furthermore, aerospace & aircraft application segment is expected to surpass the other segments considering increasing production of aircrafts and large amount of investments in satellite manufacturing globally. However, high cost of honeycomb structure metals is liable to restrict the market growth.

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Major technologies used to manufacture high temperature honeycomb sandwich panels are expansion and corrugation. Expansion segment accounted for the highest share of about 60% in 2015, due to its high usage in stainless steel honeycomb manufacturing, whereas corrugation is expected to grow at the highest CAGR of 10.0% from 2016 and 2022.

North America and Europe collectively held dominating position in thehigh-temperature honeycomb sandwich materials market in 2015, and are expected to maintain this dominance throughout the forecast period. This is due to the growth in applications such as satellites, commercial & defence aircrafts, and automobiles in these regions. LAMEA is projected to be the fastest growing region due to growing investments in aircraft and satellite manufacturing industry.

Source medium: https://www.prnewswire.com/news-releases/world-high-temperature-honeycomb-sandwich-materials-market-is-expected-to-reach-4185-million-by-2022-579930411.html#

Hydrogel Market is on Progression to Cross $27.2 Billion by 2022

2019-12-02T14:18:05.882Z

Hydrogel Market Outlook 2015-2022:

Global Hydrogel Market major players are 3M Company, Smith & Nephew plc, ConvaTec Inc., Alliqua Biomedical, Inc., Johnson & Johnson, Procyon Corp, BSN Medical GmbH, HB Fuller Company, Altergon Italia, AMBU, and The Cooper Companies.

Hydrogel Market is expected to garner $27.2 billion by 2022, registering a CAGR of 6.3% during the period 2016-2022. The hydrogel contact lenses and hygiene product segments constitute about three-fourths share in the global hydrogel market and are expected to maintain this trend during the forecast period.

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Success of super absorbent polymers in hygiene and wound care products, growing use of contact lenses and availability of numerous chemistries and formulations are the major factors driving the market growth. The use of hydrogels in wound care is anticipated to increase rapidly, owing to benefits such as convenience of use, water retention efficiency, and improved time efficiency during medical procedures and wound closure. Increasing awareness about the available hydrogel formulations have stimulated product-focused R&D investment to develop new hydrogel products, which is anticipated to drive the hydrogel market during the forecast period. However, high costs associated with complex production process and potential environment hazards from disposable synthetic hydrogel products are the major restraining factors for the growth of hydrogel market.

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Key Findings of Hydrogel Market:

In 2015, contact lenses and hygiene product segments jointly accounted for about three-fourths share of the hydrogel market.
The Contact lenses segment is anticipated to grow at a CAGR of 5.8% from 2016 to 2022.
Wound care segment is projected to be the fastest growing end user segment, registering a CAGR of 7.9% from 2016 to 2022.
Synthetic raw material-based hydrogels segment is poised to continue to lead the hydrogel market throughout the forecast period.
In 2015, polyacrylate and silicone-modified hydrogel segment together accounted for around half of the hydrogel market share.
Semi-crystalline hydrogels segment constitutes a major share of the market.
Polyacrylamide is anticipated to emerge as the fastest growing segment during the forecast period.

Other significant chemistries currently in use include polyethylene glycol (PEG), poly vinyl pyrrolidone (PVP), polyvinyl alcohol (PVA), gelatin, and other polysaccharides.

Geographically, North America, led by the U.S., dominated the hydrogel market in 2015 and is projected to grow at a CAGR of 6.3% during the forecast period. Asia-Pacific is projected to grow at the highest CAGR of about 7% from 2016 to 2022, due to increasing adoption of hydrogel products for hygiene products, disposable soft contact lenses, and wound care products. The agriculture sector is forecast to be the most promising end user for hydrogel based on controlled release and water retention technologies.

Ongoing research and development activities have been focused on the use of smart hydrogels (stimuli responsive) in drug delivery system, as injectable materials, in bone reconstruction, and on fast stimuli responsive hydrogels. In addition, numerous industry-focused tests have been conducted in order to develop hydrogels for novel applications such as water retention agents in the agriculture sector, as delivery vehicles for crop protection chemicals, in water purification, and as fire-fighting gels.

Source Medium: https://www.prnewswire.com/news-releases/world-hydrogel-market-is-expected-to-reach-272-billion-by-2022-581492011.html