Curing Adhesives Market Is Predicted To Grow Swiftly Due To Rising Applications In Automotive & Construction Industry Till 2025: Grand View Research, Inc.

The global curing adhesives market is expected to reach USD 18.8 billion by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to grow significantly over the forecast period owing to rising applications in automotive and construction industry to cater consumer demand for diverse product features.

U.S. Environmental Protection Agency Office of Air Quality Planning and Standards provides various standards and acts for environmental protection against the use of harmful synthetic chemical while manufacturing these products.

Acrylate resin was the leading raw material segment with over 30% share of the overall market volume in 2016. Acrylate resin are preferred in UV curing adhesives owing to the ability of product for humid and water resistance coupled with good resistance impact strength. Ideal bonding properties of UV cure agents used in glassware, glass furniture, and clear plastic, has contributed towards higher demand of UV curative bonding agents in medical and optical devices over the past few years.

Polyurethane emerged as second largest resin segment accounting for a revenue share of over 22% in 2016. It holds added advantage over other conventional counterparts such as epoxy adhesives since they can be set in high moisture conditions. Growing automotive and construction industries in countries such as China, India, and Germany is expected to provide an opportunity for curative bonding agents over the next eight years.

U.S. curing adhesives market volume by product, 2014 - 2025 (Kilo Tons)

Browse full research report on Curing Adhesives Market: http://www.grandviewresearch.com/industry-analysis/curing-adhesives-market

Further Key Findings from the Study Suggest:

• The global curing adhesive demand was over 1.9 million tons in 2016 and is anticipated to grow at a CAGR of 6.1% from 2017 to 2025
• Moisture curing bonding agents was the largest product segment in 2016, owing to the high product demand in construction sector
• Electronics & electrical end-use sector is expected to witness the highest growth for curing adhesives over the next few years, owing to ongoing technological innovation and advancement, and is expected to account for 20.6% of revenue share by 2025

• Asia Pacific emerged as the largest and fastest growing regional market with an estimated CAGR of 8.2% over the forecast period. High production capacities for automotive, and electronic sectors in Asia Pacific has led to the enhancement of curing adhesives demand over the past few years.

• The European market is estimated to witness moderate CAGR of 7.2% in terms of revenue growth over the forecast period.
• The major players operating in the curing adhesives market comprise H.B. Fuller, Henkel Adhesives, Dow Corning, 3M Company, Bostik, Sika AG, and Dymax Corporation. The market players are majorly focusing on the strategy of integration with raw material supplier or distributors to enhance the supply chain efficiency.

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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

Rising Demand For Isoprene Is Owing To Good Resilience, Good Tack & Great Hot Tensile & Good Gum Tensile Strength Is Expected To Drive Isoprene Market Till 2025: Grand View Research, Inc.

The global isoprene market is expected to reach USD 3.97 billion by 2025, growing at a CAGR of 7.5%, according to a new report by Grand View Research, Inc. Rising demand for isoprene is owing to good resilience, good tack, and great hot tensile and good gum tensile strength propel industry expansion over the forecast period.

Growing automotive sector will fuel isoprene demand for various products including tires, fuel hoses, engine mounting, mud flaps, suspension bushes, floor mats, and exhaust rubber hangers over the forecast period, thereby augmenting industry size in the near future.

The contents of isoprene not only restrict formation of nitrosamines, but also prevents Type I allergies. The physical properties deriving the demand for isoprene are heat resistance, clear and power-free products, electrical resistance, adapting various component geometric as well as thicknesses, and low tensile set values.

Increasing expenditures and greater attention to health care by developing markets, construction of hospitals and clinics, and the establishment of public health insurance will augment medical devices market. In addition, aging population coupled with the rising global income levels in developing countries will fuel the utilization of isobutylene-isoprene rubber and styrene-isoprene styrene.

U.S. isoprene market volume by product, 2014 - 2025 (Kilo tons)

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

Further Key Findings From the Study Suggest:

• Polymer grade isoprene is likely to witness significant revenue rise at a CAGR of 7.7% from 2017 to 2025 as a result of their properties including toughness, excellent hot tear strength, abrasion, high resilience, cold resistance, and tensile strength. Moreover, the product is obtained from the C5 diene crude product, which are quick to dispose and reuse on account of an existing infrastructure in place.
• Asia Pacific was the dominant market and accounted for 28.7% of the overall volume share in 2016. Robust manufacturing base of automotive industry in China, Japan and India along with increasing passenger vehicles sales are anticipated to augment isoprene market growth in the near future.
• Presence of major automobile companies, including Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru and Isuzu will augment the Japanese automotive industry, which in turn will drive the isoprene market demand.
• Key participants dominating the industry includes Shell PLC., The Goodyear Tire and Rubber Company, ExxonMobil Corp., LyondellBasell Industries N.V., Zeon Corporation, Chevron Phillips Chemical LLC, Shandong Yuhuang Chemical (Group) Co., Ltd., and Braskem.
• Product differentiation along with threat of forward and backward integration by manufacturers to distribute isoprene and to capture market share is anticipated to result in high industry rivalry in the product’s market over the forecast period. In addition, possible entry of new players is further expected to intensify rivalry in the industry.

• In February 2014, Shandong Yuhuang Chemical Co., Ltd. signed a co-operation frame agreement with Sinopec Chemical Sales Company, which was led by Sinopec’s general manager, Zhao Chengfeng.
• In August 2013, SIBUR entered into a joint venture with China Petroleum and Chemical Corporation, a major petroleum and petrochemical enterprise group, in order to produce synthetic rubbers in Krasnoyarsk.

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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

Offshore Lubricants Market Is Projected To Grow Quickly Due To Enhanced Demand In Turbines, Vessel Engines, Hydraulic Equipment, Gearboxes & Offshore Machinery Till 2022: Grand View Research, Inc.

The global offshore lubricants market is expected to reach USD 428.8 million by 2022, according to a new report by Grand View Research, Inc. Increasing deep sea exploration is expected to remain a key driving factor for global offshore lubricants market. Stringent regulations regarding threat to aquatic life on account of unregulated disposal of marine lubricants coupled with volatile petrochemicals pricing have led industry participants to develop bio-based alternatives. This trend is crucial in determining company’s product portfolio, thereby a vital determinant for market competition. 

Engine oil was the leading application segment with demand share exceeding 70% in 2014. Increasing maritime traffic coupled with rising requirement for offshore vessels is expected to drive this segment over the forecast period. Grease is expected to witness the highest growth of 3.3% from 2015 to 2022. 

North America offshore lubricants market revenue by application, 2012 - 2022 (USD Million)

Browse full research report on offshore lubricants market: http://www.grandviewresearch.com/industry-analysis/offshore-lubricants-market

Further Key Findings From the Study Suggest:

• Global offshore lubricants market demand was 98.8 kilo tons in 2014 and is expected to grow at a CAGR of 2.7% from 2015 to 2022.
• Offshore support vessels (OSVs) were the leading end-users for offshore lubricants and accounted for 57.0% of total market volume in 2014. Increasing deepwater exploration, OSVs along with other offshore support systems is expected to drive lubricants demand in OSVs. FPSOs are expected to witness significant gain in its market size on account of their increasing adoption for deepwater exploration and production.
• Asia Pacific was the largest consumer and accounted for over 27% of total market volume in 2014. The region is characterized by increasing offshore projects in Arabian Sea and South China Sea. Economic growth in Asia Pacific facilitated for greater maritime trade thereby increasing sea traffic.
• Increasing offshore oil & gas production along Gulf of Mexico is expected to drive North America growth. The region is bound by U.S. EPA regulations regarding marine lubricants usage. EPA has established VGP (vessel general permit) guidelines for lubricants used in vessels operating within the U.S. maritime boundary.
• Top four companies including ExxonMobil Corp., Chevron, Royal Dutch Shell and Castrol, accounted for over 45% of global offshore lubricants market in 2014. The industry is characterized by high degree of competition by integrated multinational companies. Major oil & gas companies have presence across the value chain, thereby intensifying competition. 

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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

Plant growth regulators market Hits USD 6 Billion By 2020: By Grand View Research, Inc.

Global plant growth regulators Market is expected to exceed USD 6 billion by 2020, according to a new study by Grand View research, Inc. High allopathic medicine price is a key reason for growing herbal medicines demand which is expected to positively impact plant growth regulators market. Plant growth regulators are expected to witness significant growth in demand owing to its use in cotton metabolism in light of the growing cotton textile industry.

Cytokinins were the widest used plant growth regulators with market revenue exceeding USD 1.25 billion in 2013 owing to extensive use in herbal medicines. Increasing concerns regarding farmer profitability is expected to result in shift from conventional farming to organic farming which will provide favorable market opportunities.

Global plant growth regulators market, by region, 2012 - 2020 (USD Million)

Browse full research report on plant growth regulators market: http://www.grandviewresearch.com/industry-analysis/plant-growth-regulators-market

Further Key Findings From the Study Suggest:

• Auxins act as growth stimulators in cotton metabolism which is expected to augment the product segment market in cotton manufacturing. Auxins market revenue was close to USD 1.0 billion in 2013 with major demand from cotton textile industry in Asia Pacific.
• Europe was the largest regional market in 2013 with revenue of USD 1.86 billion due to increased organic farming activities in the region. Ample land available for organic farming is expected to accelerate use of plant growth regulators in plant physiological process modification.
• Asia Pacific is expected to witness fastest growth at an estimated CAGR of 9.3% from 2014 to 2020 owing to improving cotton textile industry in the region. Large cotton industry in India and China is expected to result in increased demand for growth regulators in cotton metabolism. Indian government’s recent FDI policies have favored textile industry in the country directly influencing plant growth regulators market.
• Market has low consolidation owing to presence of limited manufacturers globally. Key companies including DuPont, BASF and Bayer CropScience cater to major markets of North America, Europe and Asia Pacific. Concentrated market scenario in Europe and North America indicate high demand, however it is expected that there would be a shift in focus towards the emerging markets of Asia Pacific and Latin America over the next six years.

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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

Synthetic Leather Market Is Projected To Grow Quickly Due To Rising Stringency In Laws Governing Real Leather Till 2025: Grand View Research, Inc.

The global synthetic leather market is expected to reach USD 85.05 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing applications in foot wears has been a major factor driving market growth. In addition, increasing focus towards animal rights led by several organizations and rising stringency in laws governing real leather are propelling demand for synthetic leather.

Synthetic leather materials are competing with natural leather for over three decades owing to its superior properties such as high durability, strength, UV resistance, easy maintenance and high gloss finish. Cheaper prices of products made up from faux leather continue to attract huge number of customers from middle and high income level groups. However, in countries such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty free material.

Polyurethane was the largest product category in 2015 and is expected to grow at the fastest CAGR over the forecast period. PVC is anticipated to maintain a slow growth rate on account of its properties which include sticky finish and lesser durability.

Footwear application segment is expected to observe the fastest growth over the next nine years with an estimated CAGR of around 9.7% from 2016 to 2025. Cheaper costs, fluctuating climatic conditions in countries creating needs for several types of footwear coupled with rising disposable income levels are fueling the demand for synthetic leather in footwear segment. Moreover, trend of incorporating athletic shoes in daily lifestyle is further augmenting demand of the application segment over the forecast period.

China synthetic leather market volume by product, 2014 - 2025 (Million Meter)

Browse full research report on Synthetic Leather Market: http://www.grandviewresearch.com/industry-analysis/synthetic-leather-market

Further Key Findings From the Study Suggest:

• The global demand for artificial leather exceeded 15,780 million meter in 2015 and is expected to grow at a CAGR of 9.5% from 2016 to 2025
• PU leather emerged as the largest product segment in 2015 and is estimated to generate revenue over USD 51.9 billion by 2025
• Global market demand in footwear was USD 10.1 billion in 2015 and is anticipated to witness fastest growth over the next nine years
• The U.S. synthetic leather market in PVC was 513.2 million meter in 2015 and is estimated to reach a total volume of over 1,169.7 million meter by 2025
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to rapid economic growth across countries such as India, China, Japan and Korea. The regional market is expected to grow at a CAGR of 11.7% from 2016 to 2025
• Key players including Nan Ya Plastics Corporation, Mayur Uniquoters Limited, Alfatex Italia SRL, and Kuraray Co. Ltd. dominated the market

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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

Chlorine Market To Experience Lucrative Growth Due To Rising Demand From Water, Pharmaceutical, Food Processing, Paints & Coatings Industries Till 2024: Grand View Research, Inc.

The global chlorine market is expected to reach USD 39.31 billion by 2024, according to a new report by Grand View Research, Inc. Chlorine serves as an important raw material in various chemical industries. It is also an essential ingredient for PVC production, which has observed increasing demand in construction, automotive, and packaging industries. These factors are anticipated to drive the global chlorine market. 

Increasing demand for chlorine across various industries for manufacturing intermediate products such as hydrochloric acid, chlorides, etc. is expected to be a key factor influencing the market growth. 

Price fluctuations due to uneven demand and supply particularly in Asia Pacific are expected to pose challenges to key industry participants in the region. Chlorine is highly reactive when it comes in contact with other materials which increase handling risk. Toxicological nature of chlorine also adds up to the market challenges. 

EDC/PVC was the largest application segment and accounted for 34.5% of global demand in 2015. Escalating PVC demand in construction industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 4.8% over the forecast period. 

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

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

Further Key Findings From the Study Suggest:

• Global chlorine market demand was 71.26 million tons in 2015 and is expected to reach 104.70 million tons by 2024, growing at a CAGR of 43% from 2016 to 2024
• Asia Pacific was the leading regional market and accounted for 56.6% of total market volume in 2015. Increasing construction spending in China, India, Indonesia and Thailand is expected to drive the regional market over the forecast period. The region is also expected to witness the fastest growth of 4.7% over the forecast period due to incessant demand for chlorine in construction as well as chemical industry.
• North America is expected to witness moderate growth mainly on account of recovery of construction in industry in the U.S. The region is expected to grow at an estimated CAGR of 4.2% from 2016 to 2024.
• Key market players include Hanwha Chemical Corporation, Ineos Group Ltd., The Dow Chemical Company, Tosoh Corporation, PPG Industries, Tata Chemicals Ltd., BASF SE, FMC Corporation, Olin Corporation, Formosa Plastics Corporation, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemicals Co. Ltd., and Nirma Ltd. 

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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

Pressure Sensitive Tape Market To Experience Lucrative Growth Due To Growing Demand For Corrugated Materials Used In Packaging Till 2022: Grand View Research, Inc.

The global pressure sensitive tape industry is projected to reach over USD 69.26 billion over the forecast period. This factor can be majorly attributed to growing demand for corrugated materials used in packaging owing to their property of high resilience and protection. There is a rising demand for corrugated boxes primarily in developing countries including India, Brazil, and China which is expected to trigger market expansion.

Demand for carton sealing tape segment is projected to experience growth on account of rising apprehensions concerning environmental friendly packaging solutions due to stringent government rules and regulations. Also, consumption of the product has observed a significant growth in the past few years owing to its compatibility with various sterilization forms and non-toxic nature. New growth opportunities are expected in this industry in the foreseeable future on account of the introduction of eco-friendly recovery technologies that are highly efficient and are used widely in the adhesive coating.

In 2014, demand for the product was 41.44 billion square meters at the global level. Emerging economies namely Malaysia, India, Saudi Arabia, Vietnam, China, and Mexico are expected to witness substantial market gains by volume owing to growth in the construction industry.

Construction & building are to grow at a CAGR of 5.9 % over the forecast period. Demand for the segment is expected to have a positive impact in MEA resulting from increasing foreign direct investments in hospitality, construction and real estate along with the development of commercial and residential offices. The market demand is projected to reach over 65.29 billion square meters over the next seven years.

A key driver in the masking tape industry is the growing consumption pattern from automotive and construction sector owing to properties including holding power, improved moisture resistance, better conformability and instant adhesion. Masking tape is therefore estimated to witness significant volume gains at a CAGR of 6.1% over the forecast period.

U.S. Pressure Sensitive Tape Market revenue, by application, 2012 - 2022 (USD Million)

Browse full research report on Pressure Sensitive Tape Market: http://www.grandviewresearch.com/industry-analysis/pressure-sensitive-tapes-market

North America is expected to account for nearly 20.0% of global share revenue owing to growing up gradation and building activities in the US and infrastructure development in Mexico and Canada. Furthermore, growth in the US food & beverages sector is expected to make way for new avenues and opportunities for corrugated box packaging thereby impacting carton sealing tape market.

Asia Pacific demand, in 2014, was 20.36 billion square meters and is likely to emerge as the fastest growing regional market at a CAGR of 7.0% over the forecast period as a result of growing construction industry in the wake of population growth, government infrastructural plans, and urbanization. Ample availability of raw materials including PVC and polypropylene in China is projected to propel the market from 2015 to 2022.

Pressure sensitive tape industry is fragmented with the presence of various companies including Lintec, 3M, teas SE and Nitto Denko Corporation. They together constituted over 20.0% of the global market share in 2014. New launches include a product development by Saint-Gobain in April 2014. It is a double-sided acrylic tape with high performance, NORBOND A7300, and NORBOND A7200. In August 2015, Shurtape launched flatback paper tape which had a strong hold, moisture & humidity resistance.

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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