Metal Cutting Machine (MCM) Market Is Expected To Reach USD 9.79 Billion By 2025: By Grand View Research, Inc.

The global metal cutting machine market is expected to reach USD 9.79 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from automotive industry has been a key factor driving market growth, globally. In addition, robust growth in various application industries such as electronics, defense, marine, construction and aerospace is also fueling the demand.

Automotive segment held the largest market share in 2016 owing to a wide-scale usage of the product in wide range of exterior and interior components of automotive such as passenger cars, SUV’s, and HUV’s. The robust growth in automotive industry across the world is further driving the segment growth. MCMs are witnessing an increasing demand, which is anticipated to spur at a faster pace on account of the rising need for advanced automatic machines to increase production efficiency and avoid operator’s hazardous issues.

Laser machine accounted as the largest product segment in 2016 and is anticipated to grow significantly over the upcoming years. Laser machines are extensively used for industrial manufacturing applications to produce high-quality surface finish objects. It is widely used in the shipbuilding and aerospace manufacturing process.

In marine industry, these machines are extensively used by the industry players for ship repair and fabrication of equipment. It consists of patrol boats, aircraft carriers, tankers, luxury liners, tugs, barges, large seagoing vessels for containers, and other cargo ships. Cutting machines are used to cut parts for hatches, skin of the vessel, block parts, stiffener plates, drains, the skeleton, and pipes.

U.S. metal cutting machine market, by application, 2014 - 2025 (USD Million)

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http://www.grandviewresearch.com/industry-analysis/metal-cutting-machine-market

Further key findings from the report suggest:

• The global metal cutting machine demand was USD 5.99 billion in 2016 and is expected to grow at a CAGR of 5.7% from 2017 to 2025. Automotive emerged as the largest application segment in 2016 and is expected to grow at a predicted CAGR of 6.5% between 2017 and 2025.
• Global demand for flame cutting machine was USD 333.7 million in 2016 and is anticipated to witness staggered growth over the next eight years. The U.S. market in defense & aerospace segment was USD 511.1 million in 2016 and is projected to grow at rate of 4.2% from 2017 to 2025
• The market in Asia Pacific is projected to experience substantial growth over the next eight years owing to robust growth in various application industries, especially in the automotive and defense & aerospace market. In terms of revenue, the APAC market is expected to grow at a CAGR of 6.7% between 2017 and 2025
• Key players including Lincoln Electric Holdings, Inc., TRUMPF GmbH + Co. KG, Nissan Tanaka Corporation, Bystronic Laser AG, and Koike Aronson, Inc., dominated the global market.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-metal-cutting-machine-mcm-market   

                      

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Cyclohexane Market Is Predicted To Grow Swiftly Due To Increasing Consumption Of Automotive & Textile Industries Till 2025: Grand View Research, Inc.

The global cyclohexane market is expected to reach USD 32.3 billion by 2025, growing at a CAGR of 4.9% according to a new report by Grand View Research, Inc. Globally changing consumer behavior towards sustainability has been a significant factor driving market growth. Also, the increasing use in 3D printing is positively influencing the demand for the cyclohexane and its products. 

Growing population coupled with rapid urbanization and industrialization in emerging economies has also driven federal governments to increase their manufacturing spending to cater to the rising demand. The low production cost and relaxed government regulations further boosting the demand for cyclohexane in the global market. Also, global Nylon 6 Production is estimated to increase at a rapid rate, which is expected to increase demand for cyclohexane globally.

Recently, there has been a growing impetus towards the provision of greater quality products to retain customer loyalty, since low switching costs & lowly differentiated products have reduced supplier power in recent years. Companies are thus actively engaged in product development & research, technological advances and even strategic collaborations to improve their standing in the global market.

North America cyclohexane market volume by application, 2014 - 2025 (Kilo Tons)

Browse full research report on Cyclohexane Market: http://www.grandviewresearch.com/industry-analysis/cyclohexane-market

Further key findings from the report suggest:

• The global cyclohexane demand was around 9,192 kilo tons in 2016 and is expected to grow at a CAGR of 4.0% between 2016 and 2025
• Caprolactam was the dominant application segment in 2016 and is projected to be worth USD 19 billion by 2025
• Cyclohexane’s value from nylon 6 end-use was estimated at over USD 11 billion in 2016. Textiles industry growth in South Asian markets will have a positive influence on the segment’s growth
• Asia Pacific is the largest region in terms of revenue in 2016 and is expected to maintain its dominance during the forecast period.
• Growth in the textile, electronics and automotive industry in the emerging countries such as China and India are expected to drive the growth of the cyclohexane market. Increasing demand for packaging materials is pushing the growth in the region.
• The market in Asia Pacific is expected to witness significant growth over the next few years owing to the increasing consumption of nylon in various sectors. The regional market is expected to grow at a CAGR of 5.6% from 2017 to 2025 in terms of volume
• Key industry participants include Sinopec Limited, BASF, BP PLC, Koninklijke DSM N.V. and Sigma-Aldrich Corporation, who dominate the cyclohexane industry in terms of production
• Improving supply chain efficiencies, and establishing exclusive supply agreements shall be a key factor in improving profitability of producers

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-cyclohexane-market     

                 

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Precipitated Silica Market Hits USD 3.69 Billion By 2022: By Grand View Research, Inc.

Precipitated silica market is expected to reach USD 3.69billion by 2022, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth on account of its extensive use in rubber, toothpaste, and food industry. Growing demand for rubber grade products is expected to propel precipitated silica demand. 

Rubber has extensive usage in the automotive, construction, industrial and consumer goods segment. Growing use of precipitated silica in rubber and tire industry is expected to boost precipitated silica market demand. The compound has profound usage as reinforcement fillers in tire and rubber industry. The product offers benefits such as improved flex fatigue resistance, rubber tear strength, heat build-up, adhesion, abrasion resistance, modulus, and hardness. Furthermore, the compound is used to enhance tear resistance, abrasion resistance, & tensile strength and improve wet traction performance as well as rolling resistance of the tires. 

Increasing use of the compound in pesticides is expected to spur demand over the forecast period. Furthermore, they are extensively used as carrier and diluents on account of properties such as compatibility, higher absorption, and improved stability with toxicants and other active ingredients. Furthermore, this product has extensive usage as dispersing, grinding and wetting aid and improves suspension behavior in liquid chemicals.

U.S Precipitated Silica market revenue, by application, 2012 - 2022 (USD Million)

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Further key findings from the report suggest:

• Rubber application accounted for over 60% of the overall revenue share in 2014. Rubber grade silica is used in tire industry, wherein it helps to reduce rolling resistance, and increase grip of the tires. Increasing utilization of the compound in tires as replacements for carbon blacks provides better anti-skid properties and improved tensile and tear strength, which is   further anticipated to fuel demand. Furthermore, growing use of precipitated silica as a reinforcement agent in tire as well as rubber formulations is also expected to favorably impact the market. 
• Agrochemicals market is expected to witness significant growth over the forecast period due to its extensive use in applications as free flow agents on account of its higher absorption ability and improved chemical stability. Growing use of the compound as absorbent carriers and flow conditioners to improve suspension behavior and storage stability in liquids is expected to propel the demand. 
• Europe accounted for over 19% of the revenue share in 2014. Increasing use of the compound in rubber segment, particularly micro sheets, rice rollers, thermoplastic rubber, PVC sheets, and shoe soles is expected to propel demand. The product is used in transmission and conveyor belts wherein it improves tear strength and imparts high degree of reinforcement to elastomer compounds. Additionally, the product is also used in shoe soles on account of its non-scuffing and wear resistant characteristics, wherein it provides resilience and durability. 
• Precipitated silica manufacturers offer their products through different distribution channels which includes direct supply agreement, and vendors & distributors. Key precipitated consumers include Kadvani Chemicals Pvt. Ltd., and Oriental Silicas Corporation. Furthermore, companies such as PQ Corporation, PPG Industries, Inc, Madhu Silica Pvt. Ltd and Solvay are engaged in manufacturing, distribution and end-use.

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Increasing Use Of PU Based Paints Acting As A Matting Agent In Wood Floor Furnishings & Automotive Coatings Is Expected To Drive Polyurethane Microspheres Market Till 2024: Grand View Research, Inc.

The global polyurethane (PU) microspheres market is expected to reach USD 88.01 million by 2024, according to a new report by Grand View Research, Inc. Increasing usage of PU microspheres as encapsulants in crop protection and drug delivery system is expected to remain a key demand driver over the forecast period.

Technical feasibility problems such as poor control of drug release and inactivation of drugs during fabrication have led producers to integrate backward and manufacture microspheres on their own, meeting over half of the total demand.

Pricing of PU microspheres is largely influenced by costs associated with its synthesis from base resin. Also, additive pricing plays a major role as their composition varies according to the end-use requirements and product grades. A stable outlook for PU resin prices is likely to have a positive impact on producer’s margins and prices at the consumer level.

Encapsulation emerged as the most dominant application segment and accounted for over 45% of total market volume in 2015. Paints & coating is expected to witness the highest growth rate of 5.3% from 2016 to 2024, growth being driven by increasing use of PU based paints acting as a matting agent in wood floor furnishings and automotive coatings.

U.S. polyurethane microspheres market revenue by application, 2014 - 2024 (USD Million)

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Further key findings from the report suggest:

• The global polyurethane microspheres market demand was 16.5 kilo tons in 2015 and is expected to reach 25.4 kilo tons by 2024, growing at a CAGR of 4.9% from 2015 to 2024
• Adhesive film is expected to exhibit considerable growth and is expected to account for over 10% of global volume by 2024. Rapidly growing electronics and packaging industries in emerging economies of China and India is anticipated to boost application segment growth over the forecast period.
• Europe was the leading regional market with demand share estimated over 34% in 2015. It is a key consumer of wood, plastic and architectural coatings required for automotive underbody necessitating use of PU microspheres. Increasing compliance of these particles with stringent EU regulations is expected to positively impact regional demand.
• Asia Pacific is poised to be the fastest growing regional market on account of expanding industrial base and growing major end-use industries such as construction and electronics.
• Latin America is projected to grow at an estimated CAGR of 5.1% from 2016 to 2024. The growth can be attributed to rapid urbanization resulting in need for sustainable infrastructure and consequent demand for paints & coatings.
• Polyurethane microspheres industry is moderately consolidated with the presence of few participants across the globe. Some leading companies operating in the global market include Bayer Material Science, Kolon Industry, Inc., Supercolori S.p.A., Chase Corporation and Microchem.

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Thermoplastic Vulcanizates Market Is Predicted To Reach USD 1.87 Billion By 2020: By Grand View Research, Inc.

Global Thermoplastic Vulcanizates (TPV) Market is expected to reach USD 1.87 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for lightweight, high performance materials from automotive industry is expected to drive the global thermoplastic vulcanizates market. Increasing government intervention for improving fuel efficiency has prompted the use high performance engineering plastics including TPV which has fueled its demand. Growth of consumer goods industry in BRIC nations is also expected to have a positive impact on the global market. Volatile price of key feedstock is expected to remain a key challenge for market participants over the forecast period. 

Automotive was the largest application segment and accounted for 59.8% of total TPV consumption in 2013. Strong shift in trend towards replacing metals and heavy plastics with engineering plastics in order to reduce the overall weight of automobiles is expected to drive this segment over the forecast period. Medical is expected to witness the highest growth rate of 7.6% from 2014 to 2020. Growing awareness regarding the use of phthalate free medical devices and equipment is expected to drive TPV demand in medical industry.

Global thermoplastic vulcanizates (TPV) market volume by application, 2012 - 2020 (Kilo Tons)

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Further key findings from the report suggest:

• Global thermoplastic vulcanizates market demand was 297.9 kilo tons in 2013 and is expected to reach 470.8 kilo tons by 2020, growing at a CAGR of 6.8% from 2014 to 2020.
• North America dominated the global TPV market and accounted for 34.6% of global demand in 2013. The regional market is characterized by several favorable government initiatives including Corporate Average Fuel Economy (CAFE) program which mandates an average mileage of approximately 29 miles per gallon which is expected to go up to 35.5 miles per gallon by 2016. Implementation of such initiatives has prompted automotive manufacturers to reduce overall weight of automobiles in order to achieve optimum fuel efficiency. This trend is expected to drive the regional TPV demand over the next six years.
• Asia Pacific is expected to witness the highest growth of 7.4% over the forecast period. Growth of key end-use industries including automotive and healthcare particularly in China and India is expected to drive the regional TPV market.
• Major companies operating in the global TPV market have been constantly involved in R&D and product development to cater specific end-use requirements. Key industry participants include The Dow Chemical Company, Exxon Mobil, Solvay Engineered Polymers, DuPont Performance Elastomers, Arkema Inc., Kraton Polymers and Dexco Polymers. 

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

U.S. Concrete Floor Coatings Market Worth USD 1.15 Billion By 2025: Grand View Research, Inc.

The U.S. concrete floor coatings market is projected to reach approximately USD 1.15 billion by 2025, according to a new report conducted by Grand View Research, Inc. The improvement in the U.S. housing sector as a result of increasing number of single-family homes on a domestic level is expected to drive the market. However, gains in the automotive manufacturing industry as a result of increased exports of four wheeler vehicles from developing countries including Brazil, South Africa, India and Thailand is expected to increase the penetration of flooring in production facilities over the next eight years.

Epoxy coatings are projected to grow at a CAGR of 6.0% from 2017 to 2025. The high adoption rate of these types of coating in flooring industry on account of providing excellent properties including improved durability and superior toughness is projected to have a significant impact over the next eight years

U.S. concrete floor coatings market, by product, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• U.S. concrete floor demand was 214.1 kilo tons and is anticipated to reach 371.1 kilo tons by 2025, growing at a CAGR of 6.3% from 2016 to 2025.
• Polyurethane coatings market is expected to reach USD 268.3 million by 2025. These product segments are anticipated to witness growth due to their unique properties including superior resistance to corrosion, abrasion and chemical exposure. 
• Polyaspartic products are likely to foresee low penetration on account of increasing industry presence of epoxy and polyurethane counterparts. These products are expected to anticipate gains on account of inducing fast curing and drying which is projected to improve their penetration over the forecast period
• Commercial applications are scheduled to foresee most rapid volume growth at a CAGR of 6.6% from the period of 2017 to 2025. The share of green buildings in the U.S. is likely to be the highest in educational and healthcare institutions by the end of 2025 owing to promotion and adoption of health safety policies in these sectors. The trend mentioned above is expected to play a crucial role in increasing the usage of floor coatings.
• Major manufacturers include The Stonhard Group, Sika, BASF, General Polymers, Tennant Company, Valspar, Pratt & Lambert Paints, Vanguard Coating, Behr Process Corporation, and Epmar Corporation. New product developments along with the formation of strategic alliances with buyers located in flooring industry are expected to remain critical success factor over the next eight years.

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Baby Diapers Market Is Anticipated To Grow Due To Increasing Working Women Ratio Till 2022: Grand View Research, Inc.

The global baby diapers market is expected to reach USD 64.62 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income level coupled with increasing birth rates particularly in emerging markets is expected to remain a key driving factor for global baby diapers market. Growing awareness regarding baby’s health and novel products resulting from technological advances are other critical factors that are presumed to positively impact the baby diaper market over the forecast period. Increasing working women ratio is another key factor that is expected to aid the market over the next seven years.

Health awareness regarding health hazards resulting from chemicals used in disposable diapers is anticipated to hamper the global baby diaper market growth over the forecast period. Technological advances resulting in novel products with superior properties promise ample opportunities for the industry participants. Rapid e-commerce growth particularly in the developing markets is expected to provide abundant penetration opportunities to the industry participants in the near future.

North America baby diapers market revenue by product, 2012-2022, (USD Million)

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Further key findings from the report suggest:

• Global baby diaper market was USD 39.97 billion in 2014 and is expected to reach USD 64.62 billion in 2022, growing at an estimated CAGR of 6.2% from 2014 to 2022.
• Disposable diapers dominated the global market with nearly two-thirds of the total revenue in 2014 and are expected to witness a CAGR of 5.4% over the forecast period. Cloth diapers market were the second largest product segment for baby diapers market. Bio-degradable diapers are projected to witness the highest growth rate over the forecast period.
• Pre-fold cloth diapers dominated the cloth diapers market in 2014 and are presumed to witness a CAGR of 10.5% from 2015 to 2022. Other cloth diaper products include flat cloth diapers, fitter cloth diapers, all-in-one cloth diapers and other cloth diapers.
• Disposable diaper market products include ultra absorbent disposable diapers, super absorbent disposable diapers, regular disposable diapers and bio-degradable disposable diapers. Regular disposable diapers are projected to witness a CAGR of 2.2% over the forecast period.
• The industry is characterized by companies taking strong initiatives to enhance product portfolio and increase their production capacity to cater to the growing demand from the developing regions. Key industry participants include P&G, Hengan, Unicharm, Phillips Healthcare, Kimberly Clark, SCA and Associated Hygiene.

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com