Blow Molded Plastics Market Is Predicted To Grow Swiftly Due To Enhanced Application Scope In Construction, Automotive, And Packaging Sectors Till 2025: Grand View Research, Inc.

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc. The global blow molded plastics industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors.

The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries.

These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments owing to their lubricity, flexibility, increased strength and stiffness, and various product characteristics (flame-retardant, UV stability, availability in numerous colors, and antioxidant). This trend is anticipated to drive global market growth over the forecast period. Reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in construction and automotive sectors.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2016. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology.  Hence, it is expected to be the largest technology segment in the next eight years as it is used to manufacture plastic products for several end-use industries.

U.S. blow molded plastics market volume, by technology, 2014 - 2025 (Kilo Tons)

Browse full research report on Blow Molded Plastics Market: http://www.grandviewresearch.com/industry-analysis/blow-molded-plastics-market

Further key findings from the report suggest:

• The global blow molded plastics demand was 68.13 million tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
• Polyethylene was the largest product segment in 2016. PE compounds are dominantly used across various industries and have been an integral material for packaging industry. Apart from the packaging sector, the UHMWPE finds application in manufacturing high performance medical devices
• Acrylonitrile butadiene styrene (ABS) to emerge as the fastest growing product segment owing to increasing demand form the automobile industry
• Asia Pacific accounted for over 30% of the overall volume in 2016. China blow molded plastics market to witness a growth of 6.1% to reach a net worth of USD 30.62 billion by 2025.
• Major resin manufacturers currently operating in the market include Dow Chemical Company, Sabic, ExxonMobil, LyondellBasell and Sinopec. They account for less than 40% of the overall global annual output
• Favorable federal regulations by agencies such as EPA, NHSTA, CARB, and SEPA regarding carbon emissions along with EU initiatives to develop blow molding applications for manufacturing light and fuel-efficient cars are likely to boost global market growth

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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

Carbon Black Market Is Anticipated To Reach $28.05 Billion By 2022: Grand View Research, Inc.

The global carbon black market is expected to reach USD 28.05 billion by 2022, according to a new report by Grand View Research, Inc. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period. 

High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas. 

Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future. 

U.S. carbon black market volume by application, 2012 - 2022 (Kilo Tons)

Browse full research report on Carbon Black Market: http://www.grandviewresearch.com/industry-analysis/carbon-black-market

Further key findings from the report suggest:

• Global carbon black market demand was 11.99 million tons in 2014 and is expected to reach 16.40 million tons by 2022, growing at a CAGR of 3.9% from 2015 to 2022
• Tires were the leading application segment and accounted for over 70% of the overall volume in 2014. Increasing passenger car sales and a robust aftermarket and OEM sectors of automotive industry are expected to drive tire production, thereby increasing carbon black consumption over the forecast period.
• Plastics are expected to be the fastest growing application segment at a CAGR of 4.3% from 2015 to 2022. Increasing usage of specialty grades for improving electrical conductivity, better UV resistance and antistatic properties in plastics is expected spur growth.
• Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
• The industry has a presence of large multinational corporations who have integrated their operations, i.e., from feedstock to carbon black production. Compared to independent manufacturers, these companies enjoy a distinct advantage of cutting down on raw material procurement costs.
• Key players in the global carbon black industry include OJSC Kremenchug, OMSK Carbon Group, Tokai Carbon Co. Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon, Asahi Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon, OCI Co. Ltd., Birla Carbon and Cabot Corp. 

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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

Polyethylene Wax Market Is Estimated To Reach $2.37 Billion By 2022: Grand View Research, Inc.

The global polyethylene wax market is expected to reach USD 2.37 billion by 2022, according to a new report by Grand View Research, Inc. Rapid shale gas development in North America has provided new avenues for producing ethylene, which has benefited production. Increasing PE wax demand across printing inks and adhesives industry is also expected to support the market growth. Volatile prices of polyethylene are expected to impact the profitability of key producers.

Polymerization was the leading technology segment and accounted for over 50% of total market volume in 2014. The technology is primarily used for high density polymerized and low density polymerized PE wax. On account of developing demand for specialized and customized wax, modification technology is expected to witness significant gain in its size over the next seven years.

U.S. polyethylene wax market revenue by product, 2012-2022 (USD Million)

Browse full research report on Polyethylene Wax Market: http://www.grandviewresearch.com/industry-analysis/polyethylene-pe-wax-market

Further key findings from the report suggest:

• Global polyethylene (PE) wax market demand was 323.6 kilo tons in 2014 and is expected to grow at a CAGR of 7.5% from 2015 to 2022.
• High density polymerized wax was the leading product segment and accounted for 40% of total market volume in 2014. Increasing penetration of high density polymerized wax across printing inks, textile, food packaging, cosmetics and adhesives is expected to drive this segment.
• Masterbatches were the most dominant application segment with demand share estimated at over 20% in 2014. Printing inks is expected to witness the fastest growth of 8.7% from 2015 to 2022 on account of technological innovations in the industry.
• Asia Pacific PE wax market emerged as the leading regional industry and accounted for over 35% of total volume in 2014. Increasing demand from China, India and Vietnam on account of growth of key end-use industries in these countries is expected to drive the regional growth. It is also expected to witness the highest growth of 8.2% from 2015 to 2022.
• Global polyethylene (PE) wax industry is fragmented in nature on account of large number of domestic companies operating in the global market. Key industry participants include Marcus Oil & Chemicals Private Ltd, Merco Wax Company, Innospec Inc., Hase Petroleum Wax Co., Young's, Sanyo Chemical, SCG Chemicals, Synergy Additives, GMT, Lion Chemtech and Coschem.

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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

Heat Resistant Polymer Market Is Estimated To Reach $21.38 Billion By 2025: Grand View Research, Inc.

The global heat resistant polymers market is expected to reach USD 21.38 billion by 2025, according to a new report by Grand View Research, Inc. The market is likely to be influenced by the growing investments in the aerospace, electronics and the automotive sector.

Heat resistant polymers are resistant to degradation at high temperatures and thus can be extensively used in the transportation,electronics, defense, and bio-medical sector. High temperature resistant polymers are produced from chemicals using a various process, the most popular one being the chain reaction polymerization.

These polymers are consumed in the production of electrical insulations, coal boilers, packaging, and gaskets. Moreover, they are also utilized as raw materials for making high temperature fuel cells in the chemical manufacturing industry. Automotive and aerospace companies are continuously capitalizing their research and development operations to bring in advanced solutions for increasing fuel efficiency of the vehicles by replacing conventional materials.

U.S. heat resistant polymers market revenue by product, 2014 - 2025 (USD Million)

Browse full research report on Heat Resistant Polymer Market: http://www.grandviewresearch.com/industry-analysis/heat-resistant-polymer-market

Further key findings from the report suggest:

• The global heat resistant polymers demand is expected to reach 1.27 million tons by 2025, growing at an estimated CAGR of 6.2% over the forecast period
• The fluoropolymer segment accounted the largest market share in 2016 on account of its widespread use in the manufacturing of plastics, coatings, optical, medical, & electronic devices
• Polyphenylene sulfide possess properties such as resilience to alkalis, mildew, bleaches, aging, sunlight, and abrasion which is required for manufacturing aerospace equipment
• The transportation segment accounted for over 50.16% of the total heat resistant polymer market and is projected to witness the maximum growth rate during the forecast period  
• Wire & cables are used in various application where high tensile strength, solvent resistance, flammability and electrical resistivity is required 
• The electronics & electrical segment accounted for more than 34.45% of the overall heat resistant polymer market and is anticipated to witness the highest growth rate over the coming years
• Key players include BASF SE, Honeywell International Inc., E. I. Du Pont De Nemours and Company, Daikin Industries, Evonik Industries AG, DIC Corporation, Celanese Corporation, Solvay S.A.
• Research & development activities, new product launches, and technological collaborations are some of the key strategic initiatives taken up by the leading companies

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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

Waterproofing Membranes Market Worth USD 37.55 Billion By 2025: Grand View Research, Inc.

The global waterproofing membranes market is expected to reach USD 37.55 billion by 2025, according to a new report by Grand View Research, Inc. Rising need for durable and good quality construction materials is likely to propel the market over the next eight years.

Technological developments and innovations in the field of waterproofing membranes have led to the development of products, which offer advantages including low cost and high surface protection. The governments in various economies have been taking efforts for reducing the prices of natural polymers, which is expected to fuel utilization of environmental-friendly products.

Growing population and urbanization is expected to facilitate the investment in construction sector in the Asia Pacific region. The capital project & infrastructure sector in the region is likely to reach USD 5,300 billion by 2025 with a growth of 7.0% to 8.0% per year. Strong economic growth and promotion of FDI in India are expected to spur the demand over the forecast period.

U.S. waterproofing membranes market revenue, by application, 2014 - 2025 (USD Billion)

Browse full research report on Waterproofing Membranes Market: http://www.grandviewresearch.com/industry-analysis/global-waterproofing-membranes-market

Further key findings from the report suggest:

• Liquid applied membranes are expected to witness a CAGR of 8.7% from 2017 to 2025 on account of their cost efficiency and high water resistance as compared to sheet products
• Polyurethane liquid membranes are expected to witness rapid growth from 2017 to 2025 on account of ease of application, full surface adhesion, high water vapor permeability, and flexibility
• PVC sheets accounted for a share of 6.6% of the global market in 2016 on account of their high cost
• Building structure is expected to be one of the major applications on account of increasing demand for residential construction and advancements in existing infrastructure
• Growing concerns regarding environmental pollution are expected to increase the demand for biobased products, particularly in North America and Europe, over the coming years

• In June 2017, Sika opened a new production facility in Tanzania to gain an early foothold as a local producer in the market
• In Dec 2016, Kemper System America, Inc. acquired STS Coatings, Inc. to increase its product offerings in full 'Building Envelope' solutions

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/waterproofing-membranes-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

Contact Lenses Market To Experience Lucrative Growth Due To Rising Disposable Income Around The Globe Till 2025: Grand View Research, Inc.

The global contact lenses market is anticipated to reach USD 17.72 billion by 2025, according to a new report by Grand View Research, Inc. The rising adoption of contact lenses by consumers and use of innovative materials for manufacturing contact lenses are the key drivers of the market.

The growing aging population and rising tendency of youngsters to enhance their aesthetic appearance are some of the key factors that are expected to drive the demand for contact lenses. The improvement in theoverall economy and the rising disposable income around the globe are additional factors driving the market growth.

The contact lenses market can be categorized, based on products, into Rigid Gas Permeable (RGP) contact lenses, soft contact lenses, and hybrid contact lenses. Soft contact lenses are made up of flexible and soft plastics, such as silicone hydrogel, which provide easy adaptability and enhanced comfort to the eye. They also permit oxygen to pass through the wearer’s cornea and are used extensively for ametropia correction.

Thus, the market for soft lenses is anticipated to grow at a faster pace over the forecast period. Further key findings from the report suggest that hybrid contact lens segment is expected to portray the highest growth over the forecast period. Corrective contact lenses are widely used to correct refractive errors and compensate for visual deficiencies such as myopia, hypermetropia/hyperopia, presbyopia, and astigmatism.

U.S. contact lenses market by usage type, 2014 - 2024 (USD Million)

Browse full research report on Contact Lenses Market: http://www.grandviewresearch.com/industry-analysis/contact-lenses-market

Further key findings from the report suggest:

• The growing adoption of soft lenses by several regions is anticipated to drive the market growth
• The multifocal design segment is expected to portray high growth rate with a CAGR of 8.4 % over the projected period
• The South American regional market is expected to have significant growth over the forecast period, owing to the large-scale penetration of contact lenses
• The key players in the market areJohnson & Johnson Services, Inc., CIBA Vision (Alcon), CooperVision, Inc., and Bausch & Lomb Incorporated

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

PP Nonwoven Fabric Market Is Estimated To Reach $34.98 Billion By 2025: Grand View Research, Inc.

The global polypropylene (PP) nonwoven fabric market is expected to reach USD 34.98 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly increasing disposable income level in countries such as China, India and Brazil has enhanced market penetration for baby diapers, adult incontinence products which have had a mirror impact on PP nonwoven fabric demand in these regions.

These fabrics are now being aggressively adopted for durable applications such as geotextiles, construction, automotive, home furnishing, etc. which has increased their penetration level in such markets. However, volatile raw material supply is expected to be a key challenge for industry participants, in terms of maintaining profitability

Polypropylene being a petrochemical derivative, witnesses significant fluctuation in its price owing to the supply-demand imbalance. Over the last few years, there has been rising concern over the depleting petroleum reserves which have led to a shortage of chemicals, affecting their market price

In terms of production, emerging markets of Latin America, Middle East and Africa hold maximum potential. These regions are expected to cater to the growing demand for PP nonwoven fabrics by 2025.

Some of the major expansions planned in these regions are projected to come from Russia which holds the advantage of having abundant natural resources. However, Asia Pacific is also expected to expand its capacity on account of favorable government policies in India and China to increase the flow of FDI.

Browse full research report on PP Nonwoven Fabric Market: http://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

Further key findings from the report suggest:

• Spunbonded fabric emerged as the largest as well as fastest growing product segment and is expected to witness a revenue growth at an estimated CAGR of around 9%
• Majority of spunbonded polypropylene nonwoven fabric produced is consumed for hygiene application around the world
• Meltblown PP nonwoven fabrics is anticipated to emerge as the second fastest growing product segment
• Major application of meltblown PP nonwoven fabrics include sanitary applications such as hygiene and incontinence products for babies, adults and feminine hygiene products
• Hygiene application segment observed highest market penetration and accounted for 45.0% of the overall market volume in 2015
• PP nonwoven fabric demand in furnishings applications is expected to grow at fastest estimated CAGR of over 10% during the forecast period
• Asia Pacific is expected to emerge as the fastest growing as well as the largest regional segment owing to increasing healthcare expenditure

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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