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

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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

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

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.

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

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

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