Transmission Fluids Market Is Predicted To Grow At A 3.4% CAGR from 2014 to 2025: Grand View Research, Inc.

The global transmission fluid market is expected to reach USD 11.96 billion by 2025, growing at a CAGR of 3.4%, according to a new report by Grand View Research, Inc. Expanding automotive sector in emerging economies has driven lubricants consumption in several vehicle types. Growing consciousness regarding the advantages of technologically advanced lubricants is expected to boost product demand. 

Growing consumer awareness regarding environment-friendly, low emission vehicles is expected to foster growth in the overall industry. Innovative fluids are being produced in line with the manufacturing units of the vehicles to cater to transitioning consumer demands of fuel efficient & high-performance vehicles.

Automotive and construction industries are expected to fuel such specialized lubricants demand. Heavy-duty vehicles are increasingly utilized for farming & building activities, in line with rising population levels across the globe. Growing spending on renovation and infrastructure are also conducive to industry growth.

Heavy-duty vehicles are expected to remain the dominant application with over 51% of the volume share in 2016. Heavy-duty vehicles such as tractors also require high-performance lubricants that deliver desired output for long-term agricultural activities. These require specialized manual transmission fluids (MTF), which are directly sourced to the gearbox and axles of heavy-duty vehicles.

U.S. transmission fluid market revenue by product, 2014 - 2025 (USD Million)

Browse full research report on Transmission Fluids Market: http://www.grandviewresearch.com/industry-analysis/transmission-fluids-market

Further key findings from the report suggest:

• The global transmission fluids demand is anticipated to grow from 2.56 million tons in 2016 at 2.3% CAGR from 2017 to 2025
• Passenger vehicles are witnessing rapid growth in emerging economies on account of rising consumer disposable income and shift in perception from viewing cars as necessities rather than luxuries
• ATF emerged as the leading product type owing to the increasing demand for automatic vehicles. Heavy-duty and agriculture machinery & equipment are also utilizing vast amounts of ATF in order to prolong vehicle lifespans.
• MTF is utilized only in specific manual vehicles, and innovation in this segment has been a critical factor owing to numerous complexities associated with these fluids. A major concern is fuel efficiency enhancement and suppressing transmission noise to enable a smooth transmission.
• Growing consumer awareness towards lower vehicular emissions have encouraged OEMs to collaborate with lubricant manufacturers in order to achieve the optimum fuel efficiency levels. BASF is one such company that has tie-ups with numerous OEMs and suppliers to develop specific products for each automobile type.
• Large companies such as BASF SE, Chevron Corporation, Exxon Mobil Corporation and Royal Dutch Shell with extensive global presence dominate the industry. Widespread distribution network along with innovative product portfolio is a major factor driving their success. These companies are also recognized for their extensive R&D operations which lead them to cater all kinds of application sectors globally.

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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

Emergency Trends In Plastics, Polymers & Resigns Will Helping To Grow Tooling Board Market Till 2025: Grand View Research, Inc.

The global tooling board market is expected to reach USD 14.31 billion by 2025, according to a new report by Grand View Research, Inc. Prototyping techniques are witnessing an increase in demand owing to the advent of advanced technologies that utilize minimal resources and create prototypes that are highly similar to the final or desired product. 

Tooling board are used for creating durable bonds, prototypes, models, reusable tools and patterns with the help of CNC machines. Implementation of stringent performance and safety standards across the automotive, aerospace, manufacturing, and other industrial sectors has generated high demand for durable prototypes that can actually withstand conditions of the final product.

These factors, along with favorable product characteristics, such as the excellent dimensional stability, high temperature resistance, and durability of rigid PU foam& epoxy have made the material an ideal choice for prototyping. Polyurethane are widely used for manufacturing prototypes, models, composting tooling, laminating, fixtures, molds & plugs and several other industrial products.

Manufacturers are always challenged to cut costs and reduce expenses through lower tooling costs while still providing a quality product to their customers. Manufacturers are attempting to lower aircraft weight and even testing models created using tooling boards to comply with stringent regulations and testing standards.

U.S. tooling board market revenue by product, 2014 - 2025 (USD Million)

Browse full research report on Tooling Board Market: http://www.grandviewresearch.com/industry-analysis/tooling-board-market

Further key findings from the report suggest:

• The global tooling board demand was worth USD 9,318.8 million in 2016 and is expected to grow at a CAGR of 5.0% from 2017 to 2025
• Polyurethane emerged as the dominant product segment in 2016 and is estimated to generate revenue over USD 9,563.1 million by 2025. Excellent dimensional stability and good aesthetics of polyurethane allow it to be formed into various shapes using minimal effort
• Europe is expected to observe the significant regional segment over the next eight years with an estimated CAGR in terms of revenue of around 4.7% from 2017 to 2025
• Huntsman Corp. has made a critical tooling technology breakthrough with the initiate of a new PU resin system that cures quickly and allows the production of high heat stable tooling, modeling, and prototyping boards
• Epoxy was the second largest product segment and accounted for 22% of the overall revenue in 2016
• Epoxy is used for prototyping application owing to its unique combination of excellent surface finish and high temperature resistance. They also offer lower cost solutions, low coefficient of thermal expansion, quick mold preparation and compatible with tooling prepreg in an inert surface
• OBO-Werke announced its plan to acquire Huntsman’s European tooling board and tooling paste materials business
• Key players including Huntsman Corp., Axson Technologies, Trelleborg AG and Curbell Plastics Inc. dominated the global tooling board market accounting for significant share of the total volume in 2016

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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

Polyvinyl Butyral Market Is Predicted To Grow Swiftly Due To Growing Vehicle Manufacturing Till 2024: Grand View Research, Inc.

The global polyvinyl butyral (PVB) market is expected to reach USD 4.06 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the product as they provide superior resistance to weather & moisture, attractive colors, optical clarity, strong binding, excellent adhesion, flexibility and toughness will fuel industry growth over the next eight years.

Rising government spending on solar power and construction infrastructure along with the growing population will augment industry expansion. Growing consumption of PVB films & sheets in thin film solar modules on account of its low cost and environment-friendly properties will drive market size over the next eight years.

Paints & coatings application segment is expected to witness substantial revenue gains at a CAGR of 6.3% from 2016 to 2024. The product acts as a protector and corrosion preventer for various metals including steel, iron, zinc and aluminum. Moreover, properties including superior adhesion and resistance to UV radiation will induce the demand for the product over the forecast period.

Global polyvinyl butyral (PVB) market revenue, by end use, 2013 - 2024 (USD Million)

Browse full research report on Polyvinyl Butyral Market: http://www.grandviewresearch.com/industry-analysis/polyvinyl-butyral-pvb-market

Further key findings from the report suggest:

• The global PVB market size was 369.8 kilo tons in 2015 and is expected to show high gains in light of rapid infrastructural development in China, India, Mexico, Saudi Arabia, Brazil, Singapore, Thailand, Indonesia and the U.S.
• PVB adhesives will witness considerable volume gains at a CAGR of 5.7% from 2016 to 2024. Growing usage of these adhesives owing to their superior strength, adhesion and binding properties in various environmental conditions is expected to stimulate industry growth. Furthermore, rising usage in the paper, packaging, automotive, construction, assembly, manufacturing, woodwork and consumer products will fuel industry growth over the forecast period.
• North America accounted for 23.4% of the overall volume share in 2015 and is expected to witness gains in light of rising construction activities in the U.S. coupled with growing automobile manufacturing in Mexico.
• Latin America will show significant revenue increase at a CAGR of 7.4% from 2016 to 2024 owing to rapid economic growth along with increasing vehicle production in Brazil. Increasing government efforts to promote solar energy generation will stimulate product demand over the forecast period.
• PVB industry is dominated by major participants including include Eastman Chemical Company, DuPont, Chang Chun Petrochemical, Sekisui Chemicals and Kuraray. Companies are expanding their production capacities to cater to the growing global demand for the resin. For instance, in June 2016, Kuraray Co., Limited announced plans to construct a manufacturing facility for polyvinyl butyral films at its South Korean plant.

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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

Polyvinyl Alcohol Films Market Is Predicted To Grow At A 12.7% CAGR from 2017 to 2025: Grand View Research, Inc.

The global polyvinyl alcohol (PVA) market is expected to reach USD 1.21 billion by 2025, according to a new report by Grand View Research, Inc. Increasing need for bio-based PVA alcohol products is key growth factor to drive polyvinyl alcohol market growth. In addition, rising demand from Asia Pacific region is further propelling the demand over the forecast period.

PVA is a synthetic water-soluble polymer, widely used in the formulation processes in various end-use industries. Polyvinyl alcohol is mainly driven by the demand from the packaging industry, as it is a material with an excellent barrier to oxygen, water solubility, and biodegradable properties.

In terms of volume, food packaging accounted as the largest end-use segment in 2016 and is anticipated to continue its trends with a growth rate of 5.6% over the forecast period. Increasing need for biocompatible and non-toxic packaging solutions in food & beverage industry is expected to drive the growth. PVA is extensively used in food packaging industry owing to its advantageous properties such as good crosslinking density and moisture content.

The demand for PVA is expected to boost owing to the growth in various end-use industries in the Asia Pacific region. Different grades of polyvinyl alcohol are used in the papermaking process with high, intermediate and low viscosities. These grades can be either fully, partially or intermediately hydrolyzed in nature.

U.S. polyvinyl alcohol market volume by end-use, 2014 - 2025 (Kilo Tons)

Browse full research report on Polyvinyl Alcohol Films Market: http://www.grandviewresearch.com/industry-analysis/polyvinyl-alcohol-market

Further key findings from the report suggest:

• Construction segment will experience the fastest growth in terms of value at a CAGR of 7.9% from 2017 to 2025 on account of its various characteristics such as excellent degree of swelling, non-embrittlement, water resistance and waterproof. Furthermore, growing infrastructural development activities in emerging economies are expected to augment the growth over the forecast period.
• Food packaging emerged as the largest end-use segment in terms of volume in 2016 and is estimated to reach demand 525.4 kilo tons by 2025. Global PVA revenue in paper segment was USD 213.2 million in 2016 and is anticipated to experience steady growth over the years ahead
• The U.S. polyvinyl alcohol market in terms of volume was 172.8 kilo tons in 2016 and is estimated to reach a 276.7 kilo tons by 2025. The industry in Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the food packaging industry. In terms of revenue, the regional market is expected to grow at a CAGR of 6.8% from 2017 to 2025
• Key players including E. I. du Pont de Nemours and Company, Nippon Synthetic Chemical Industry Co., Eastman Chemical Company, and Sekisui Chemical Co. Ltd. dominated the global polyvinyl alcohol market

Access Press Release By Grand View Research: http://www.grandviewresearch.com/industry-analysis/polyvinyl-alcohol-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

Polyvinyl Chloride Market Is Projected To Grow Quickly Due To Growing Demand For PVC In Automobile & Medical Devices Till 2020: Grand View Research, Inc.

The Global Polyvinyl Chloride (PVC) Market is expected to reach USD 79.11 billion by 2020, according to a new study by Grand View Research, Inc. Increasing construction and infrastructure spending in emerging markets of Asia Pacific and Latin America is expected to remain a key driving factor for global PVC demand. In addition, growth of global automotive industry is also expected to have a positive influence on the market. Volatile raw material prices coupled with the stringent regulatory scenario, particularly in North America and Europe to limit or minimize PVC use for medical applications are expected to remain key challenges for market participants. In order to overcome such challenges, the industry has shifted its focus towards developing bio-based alternatives to PVC which is expected to provide future opportunities for market participants.

Construction emerged as the leading application segment and accounted for 55.7% of the total market volume in 2013. Increasing construction spending in BRICS nations on account of organization of global events such as FIFA World Cup and Summer Olympics in these nations is expected to drive the demand for PVC in construction industry. Electrical & electronics is expected to be the fastest growing application segment at an estimated CAGR of 5.4% from 2014 to 2020. Growth of Chinese and Taiwanese electronics industry is expected to spur growth for PVC in electrical & electronics industry.

Global PVC market volume share by application, 2013

Browse full research report on Polyvinyl Chloride Market: http://www.grandviewresearch.com/industry-analysis/polyvinyl-chloride-pvc-market

Further key findings from the report suggest:

• Global PVC demand was 38.50 million tons in 2013 and is expected to reach 53.81 million tons by 2020, growing at a CAGR of 5.0% from 2014 to 2020.

• Asia Pacific emerged as the leading regional market for PVC and accounted for 58.1% of total market volume in 2013. Growth of construction industry, particularly in China, India and Indonesia is expected to drive PVC demand in the region.

• Middle East & Africa is expected to be the fastest growing region for polyvinyl chloride market at an estimated CAGR of 5.9% from 2014 to 2020. Growth of major end-use industries such as construction, automotive and electrical & electronics in Saudi Arabia and South Africa is expected to drive the demand for PVC in this region.

• Some of the major companies in operating in the global PVC market include Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Axiall Corporation, Mexichem S.A.B., BASF, Georgia Gulf Corp., Arkema S.A., and Westlake Chemica Corp, Sinopec Group, Solvay S.A., KEM One and Xinjiang Zhongtai Chemical Co. Ltd.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-polyvinyl-chloride-pvc-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

US Liquid Waste Management Market Worth USD 22.5 Billion By 2025: Grand View Research, Inc.

The U.S. liquid waste management market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period.

Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period.

A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, which is expected to propel growth over the forecast period. 

U.S. liquid waste management market revenue, by source, 2014 - 2025 (USD Billion)

Browse full research report on US Liquid Waste Management Market: 

http://www.grandviewresearch.com/industry-analysis/us-liquid-waste-management-market

Further key findings from the report suggest:

• Liquid waste generated through residential sector accounted for 45.3% of the overall revenue in 2016 on account of the high per capita discharge of wastewater in states including California, Texas, Florida and New York
• Organic & non-hazardous liquid waste accounted for the majority of the revenue share in commercial sector owing to the high amount of liquid waste generated through hospitality and medical industry
• Automotive industry accounted for 5.5% of the total revenue generated through treatment of the liquid waste in 2016 owing to the growing production of vehicles in the eastern states of the country
• California accounted for the largest revenue share in 2016 on account of the high population growth coupled with growing tourism, pharmaceutical and automotive industries in the state
• The market is fragmented with few major players including Waste Management, Inc., Republic Services and Clean Harbors operating across the country. The market is characterized by the major players acquiring local players to increase the market share.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/us-liquid-waste-management-market-analysis     

                             

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

Agricultural Films Market To Witness Growth Based On Rising Requirement For Optimum Agricultural Productivity Till 2024: Grand View Research, Inc.

The global agricultural films market is expected to reach USD 13.85 billion by 2024, according to a new report by Grand View Research, Inc. Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period. 

Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future. 

Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India

U.S. agricultural films market revenue, by raw material, 2014 - 2024 (USD Million)

Browse full research report on Agricultural Films Market: http://www.grandviewresearch.com/industry-analysis/agricultural-films-market

Further key findings from the report suggest:

• The global agricultural films market demand 5.15 million tons in 2015 and is expected to reach 8.28 million tons by 2024, growing at a CAGR of 5.4% from 2016 to 2024
• Linear low-density polyethylene (LLDPE) was the major raw material segment in 2015 and is expected to reach a market worth USD 7.29 billion by 2024, growing at a CAGR of 8.0% from 2016 to 2024. The high growth may be attributed to the growing demand for these films in Asia Pacific.
• Low-density polyethylene (LDPE) is projected to grow at a CAGR of 7.3% from 2016 to 2024. The high growth may be attributed to their use in agriculture areas with harsh climatic conditions and limited water supply.
• Asia Pacific was the leading consumer and accounted for 70.1% of global revenue in 2015 owing to rising consumer disposable income coupled with favorable government initiatives in the agriculture sector.
• Major companies operating in the global agricultural films industry include AB Rani last Oy, AEP Industries, Al-Pack Enterprises, BASF, Berry Plastic Group, Inc., British Polyethylene Industries PLC, Novamont S.PA, RKW and Triplast Industrier AB.

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