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Polybutadiene Market Overview
The Polybutadiene Market size is expected to grow from USD 10.8 billion in 2019 to USD 13.8 billion by 2024, at a CAGR of 5.1% during the forecast period. The research study report provides Industry Trends, Share, Size, Growth, Opportunity, drivers, restraints, dynamics, key players, SWOT analysis & forecast. The Polybutadiene Market report provides analysis by Type (Solid Polybutadiene (High Cis, Low Cis, High Trans, High Vinyl), Liquid Polybutadiene), Application (Tires, Polymer modification, Industrial rubber, Chemical) & Region. The demand for polybutadiene in the automotive industry for manufacturing tires is expected to be driven by the growing automotive sales, mainly in the Asian countries such as China and India. The Polybutadiene Market report provides a detailed information about business strategies, recent developments and mergers and acquisitions among major key manufacturers. The bottom-up approach is used to estimate the market size by value and volume. The data has been collected through primary and secondary research methods. Primary research includes industry expert's opinions, telephonic interviews with senior research analysts whereas information from paid databases, annual reports and white papers from organizations has been gathered in secondary. The data further analysed by tools such as qualitative and quantitative analysis.
Emerging economies such as China, India, Indonesia, and Thailand are experiencing high demand for polybutadiene. Increasing disposable income, huge consumer base, rising urban population, low labour costs, and easy availability of raw materials are attracting global automobile manufacturers to shift their production facilities to the region, thus, creating a high demand for polybutadiene in this region.
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Polybutadiene Market Key Players
ARLANXEO is one of the leading players in the polybutadiene market. The company has been focusing on expansion and collaboration strategies to maintain its leading position in the market.
ARLANXEO is one of the world’s leading manufacturers in the polybutadiene market with a strong product portfolio and geographic presence across major regions. The company has established competitiveness through significant spending on R&D to develop new and advanced products in the market. Furthermore, the company is collaborating with other organizations to meet varied requirements of the customers. It has aggressive expansion plans to develop new products. It has established a strong reputation in the polybutadiene market.
Polybutadiene Market Segmentation
Polybutadiene Market Segmented by type, application, and region
Polybutadiene Market, by Types:
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High cis segment of solid polybutadiene is expected to grow at the highest CAGR in the polybutadiene market during the forecast period
The high cis segment is projected to be the most-widely used solid polybutadiene rubber type due to its extensive use in diversified end-use industries. High cis polybutadiene is widely used in tires, polymer modification, and industrial rubber goods. It is a type of polybutadiene that provides high abrasion and rolling resistance. They are less susceptible to cracking.
The solid polybutadiene segment is projected to account for the largest market share during the forecast period
Solid polybutadiene accounts for the larger share than liquid polybutadiene rubber as it is widely in tire manufacturing. The use of solid polybutadiene rubber in other applications such as polymer modification, sporting goods, industrial rubber goods manufacturing, and footwear products is also driving its consumption. The growing demand for improved performance and low rolling-resistance tires is expected to provide growth opportunities for the polybutadiene market.
Polybutadiene Market, by Application:
Polybutadiene Market, by region:
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APAC is expected to hold the largest market size in the global polybutadiene market during the forecast period
APAC is expected to account for the largest value share of the global polybutadiene market in 2019. The market is primarily driven by the strong demand from the automotive industry. China is expected to boost the demand for polybutadiene during the forecast period. Various manufacturers from developed regions are shifting their manufacturing units to APAC because of the availability of raw materials, low labor cost, and favorable government policies in emerging markets such as India, Indonesia, and Thailand. Furthermore, economic growth, rising population, and growing urbanization are the important drivers of the global polybutadiene market in APAC region.
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
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Propylene Glycol Market Trends, Share, Size, Growth, Opportunity and Forecast -2024”, offers a comprehensive analysis of the industry, which comprises insights on Propylene Glycol market growth. The global propylene glycol market size was valued at USD 3.8 billion in 2019 and is projected to reach USD 4.7 billion by 2024, growing at a cagr 4.4% from 2019 to 2024. This report gives a historical overview of the propylene glycol market trends, growth, revenue, capacity, cost structure, and key driver’s analysis. Additionally, it helps with market segmentation according to the most recent and anticipated patterns in the sector, topographical markets, and significant technological and commercial advancements. Each subsection of the propylene glycol market business research study has been carefully crafted to examine crucial market facets. Along with a thorough examination of present applications, this document also includes comparative analyses, opportunities and threat analyses, and competitive analyses of significant businesses.
Additionally, the report offers a thorough grasp of the market segments that were created by combining various variables, including source, grade, regions & propylene glycol market price. In addition, the research discusses the main driving factors, restraints, possible growth opportunities, and market challenges.
What is Propylene Glycol industry?
Propylene glycol is a colorless, odorless, and nearly tasteless liquid that is widely used in a variety of industries. The propylene glycol industry refers to the production and sale of propylene glycol and its derivatives, as well as the development of new applications for this versatile chemical.
Propylene glycol is used as a humectant, solvent, and preservative in a range of consumer goods, including food, personal care products, and pharmaceuticals. It is also used as a base for creating unscented and flavored e-liquids for electronic cigarettes and as a de-icing agent for aircrafts.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
What are the key industry trends of the global propylene glycol market?
Propylene glycol is a colorless, odorless, and tasteless liquid that is widely used as a solvent, humectant, and preservative in a variety of industries, including food, cosmetics, pharmaceuticals, and electronics. The market for propylene glycol has been growing steadily in recent years due to increasing demand for its applications and the growing popularity of natural and organic products.
Some of the key trends driving the propylene glycol market include:
Overall, the propylene glycol market is expected to continue growing in the coming years, driven by increasing demand for its applications in various industries.
Key highlights of the report:
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Propylene Glycol Market Segmentation
By Source
By Grade
By End-Use Industry
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By Region
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About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Steel Rebar Market Scope
Steel rebar, also known as reinforcing steel or reinforcement steel, is a common type of steel used in the construction industry for reinforcing concrete structures. The market for steel rebar is closely tied to the construction industry, and demand for steel rebar is largely driven by trends in construction activity, such as new building construction, infrastructure development, and repairs and renovations to existing structures.
The global steel rebar market size is approximated to be USD 224.5 billion in 2022, and it is projected to reach USD 317.4 billion by 2030, at a CAGR of 4.4%.. There are various factors that can influence the steel rebar market, including economic conditions, government policies, technological developments, and competition from other materials. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.
For instance, when economic conditions are strong, construction activity tends to increase, driving demand for steel rebar. However, when economic conditions are weak, construction activity may slow, leading to a decrease in demand for steel rebar.
In terms of government policies, they can have both positive and negative effects on the steel rebar market. For example, policies that promote infrastructure development or encourage sustainable building practices may increase demand for steel rebar. However, policies that impose tariffs or trade restrictions on steel imports may make it more expensive for construction companies to purchase steel rebar, which could negatively impact the market.
Technological developments can also impact the steel rebar market by making it more efficient to produce and use steel rebar. For instance, advances in automation and robotics in steel mills can make it more cost-effective to produce steel rebar.
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Steel Rebar Market Key Players
The global steel rebar market is a highly competitive industry, with a large number of players operating at both the regional and international level. Some of the key players are -
Steel Rebar Market Drivers
There are several factors that drive the demand for steel rebar in the construction industry. Some of the key drivers include:
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Steel Rebar Market Restraints
There are several factors that can act as restraints on the steel rebar market. Some of the key restraints include:
Steel Rebar Market Segmentation
Based on End User:
Infrastructure segment is projected to be the largest and fastest-growing segment of the steel rebar market by 2025
The use of steel rebar increases the tensile strength of surrounding concrete structures in highways, bridges, and pillar structures. Increasing project counts of highway, bridges, and structural engineering are fueling the growth of the steel rebar market in the infrastructure segment.
Based on Type:
The deformed steel rebar segment is projected to lead the market during the forecast period
The deformed steel bar segment is the largest and fastest-growing segment by type in the steel rebar market. Deformed bar, formed from carbon steel and provided with ridges for better mechanical anchoring in reinforced concrete, is used in applications such as reinforced concrete slabs, cages, columns, prefabricated beams, and precast products.
Based on Process:
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Based on the region:
Asia Pacific is projected to be the largest market for steel rebar during the forecast period
The Asia Pacific steel rebar market is projected to grow at the highest CAGR between 2020 and 2025. Growth in this market is attributed mainly to the increasing steel rebar consumption in the construction industry coupled with large steelmaking capacities and consumption of steel rebar in countries such as China, India, Japan, and South Korea.
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About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
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MarketsandMarkets™ INC.
630 Dundee Road
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Northbrook, IL 60062
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Persulfates Market Scope
Persulfates Market research report offers business strategy, covers complete landscape for business development including major regions with the frame of reference historic data. Competitive scenario of current market situations, demand, and manufacturing cost with their size, share and growth revenue trend with different challenges and opportunities, industry players. The global Persulfates Market report is witness huge growth with leading region and countries data. The persulfate market is projected to reach USD 861 million by 2025, at a CAGR of 3.4%.
The main objective of the report is to provide detailed Persulfates market analysis, segmentation, potential, competitive environment, important trends, and issues occurring while dealing with the industry's key regions and major nations. The research uses a bottom-up approach for estimations of Persulfates market. A thorough analysis of Persulfates market drivers, obstacles, key restrictions, and potential is studied.
What is Persulfates Industry?
The persulfates industry is a sector of the chemical industry that specializes in the production and supply of persulfates, which are a group of highly reactive and oxidizing compounds. The most common persulfates are ammonium persulfate, potassium persulfate, and sodium persulfate, which are widely used in a variety of applications, including:
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Who are the key players in persulfates market?
What are the key driving factors for the growth of the Persulfates Market?
There are several factors that drive the growth of the persulfates market:
Overall, the growth of the persulfates market is driven by the increasing demand for personal care products, polymer and synthetic fibers, paper and pulp products, electronics and semiconductors, and technological advancements.
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Persulfates Market Segmentation
The persulfates market can be segmented based on various factors such as type, end-use, application, and geography.
Based on type
Based on end-use industry
Based on application
Based on region
Which segment accounted for the largest persulfates market share?
The Asia-Pacific region is expected to be a key contributor to the growth of the persulfates market in the coming years. This can be attributed to the rapidly growing economies in the region, such as China and India, and the increasing demand for persulfates in various end-use industries, such as cosmetics and personal care, paper and pulp, textiles, and water treatment. Additionally, the region has a significant presence of persulfates manufacturers, which has led to an increase in production and supply of persulfates in the region.
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About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Phenolic Panel Market research report includes market size, share, drivers, trends and challenges, by end user, and growth rate during the forecast period. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Phenolic Panel market. The report includes the market analysis by Type (Sandwich, Plain), Class, End-Use Industry (Construction, Marine, Transportation, Aerospace & Defense), Application (Interior, Exterior, Furniture, Air Conditioning Duct Panel), Class, and Region - Global Forecast to 2025.
The global Phenolic Panel Market size is expected to grow from USD 1.7 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 6.5% during the forecast period. The market is growing due to the increase in the demand for phenolic panels in the construction, transportation, and aerospace & defense industries. This Insight Report provides a comprehensive analysis of the global Phenol & Acetone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.
Phenolic panels are used in the interior, exterior, furniture, and various other applications of end-use industries, such as construction, marine, aerospace & defense, and transportation, to name a few. The main purpose of these phenolic panels is to offer fire-resistance and moisture-resistance properties. For instance, phenolic panels are used in the exterior cladding, partitions, cubicles, and other applications to prevent fire accidents. The global phenolic panel market size was USD 1.7 billion in 2020 and is projected to reach 2.4 billion by 2025, registering a growth of 6.5%.
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What is Phenolic Panel Industry?
Phenolic panel industry is a manufacturing sector that produces construction panels made from phenolic resins. These panels are high-pressure laminate (HPL) panels that are used in a variety of applications, including building facades, cladding systems, interior wall and ceiling panels, and furniture.
Phenolic panels are made by impregnating layers of decorative paper with phenolic resins and then pressing them together under high heat and pressure. This process creates a durable, rigid, and fire-resistant panel that is resistant to weather, UV radiation, and other environmental factors.
Phenolic Panel Market Key Players
Phenolic Panel Market Segmentation
By Type:
By Class:
By Application:
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By End-use Industry:
By Region:
Phenolic panels used in the hot bond process comprises the major share of the market in terms of value.
The hot bond segment dominated the market in terms of value in 2019. Adhesives used in the hot bond process offers a strong, long-lasting repair with minimal risk of tearing, snagging, and other wear to the belt. They are mostly polyurethane-based and have a high demand for rubber conveyor belt repairing in the mining & quarrying industry.
Interior is the largest application of phenolic panel
Amongst all applications, the interior is the largest application of phenolic panel. Phenolic panels are used extensively for aircraft interior, railway interior, decorative interior in construction, partitions, and cubicles in various end-use industries. Superior fire-resistance and chemical resistance offered by the phenolic panel is responsible for the high consumption in an interior application.
The construction end-use industry accounted for the largest share in the global phenolic panel market
Phenolic panels are used in various end-use industries, such as mining & quarrying, cement & aggregate, steel, and others. The construction industry dominated the global phenolic panel market. The phenolic panel has a large demand for interior applications in the construction industry owing to superior fire resistance characteristics of the phenolic panel, which helps in avoiding fire-related accidents.
Europe is the largest phenolic panel market globally.
The phenolic panel market is segmented based on region into Europe, North America, APAC, MEA, and South America. Europe is the major consumer of phenolic panels owing to the high demand from the UK, Germany, and other European countries. The UK is the leading market in the region. Major applications of phenolic panels in the European market include building interior, aircraft interior, exterior cladding, furniture, and air conditioning duct panels, among others. The growth of the market is also attributed to the presence of established manufacturers and technological advancement related to the development of phenolic panel products.
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Why Choose MNM?
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Ceramic Sanitary Ware Market Scope
The ceramic sanitary ware market refers to the market for bathroom fixtures and accessories made of ceramic materials. The global ceramic sanitary ware market size is projected to reach USD 44.6 billion by 2025 with 6.8% of CAGR. The ceramic sanitary ware products include items such as toilets, sinks, bidets, and bathtubs.
The global ceramic sanitary ware market report puts light on various factors that have direct or indirect effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. This market research report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for industry.
The ceramic sanitary ware market is driven by factors such as urbanization, rising disposable incomes, and increasing demand for water conservation. In recent years, there has been a trend towards the use of ceramic sanitary ware in commercial and public buildings, as well as in residential homes. The market for ceramic sanitary ware is expected to grow in the coming years due to increasing demand for high-quality, durable, and aesthetically pleasing bathroom products.
what is sanitary ware products?
Sanitary ware products refer to various bathroom fixtures that are designed to promote cleanliness and hygiene. These products are typically made from materials that are resistant to water, moisture, and bacteria growth. Some common examples of sanitary ware products include:
Sanitary ware products are an essential part of any modern bathroom, and they play a critical role in maintaining personal hygiene and overall cleanliness.
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Ceramic Sanitary Ware Market Key Players
There are many Key Players of ceramic sanitary ware worldwide. Some of the major ones include -
TOTO Ltd. (Japan) is another leading player in this market. The company launched high-end washlet bidet toilets in the global market. This new product is sold under the brand name or NEOREST NX. This helped the company to attract more customers.
Roca Sanitario SA (Spain) is also a leading producer of ceramic sanitary ware. The company launched a new bathroom collection made from innovative designs. This collection offers sanitary wares with bold colors. This helped the company to strengthen its product portfolio.
Kohler Co. (US) is also one of the leading producers of ceramic sanitary ware. In January 2020, the company introduced five new products, which include touchless faucets and touchless toilet technology, among others.
Ceramic Sanitary Ware Market Drivers
There are several drivers that can impact the ceramic sanitary ware market. Some of the key drivers include:
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Ceramic Sanitary Ware Market Segmentation
The ceramic sanitary ware market can be segmented based on type, technology, application, and region.
Based on Type:
Toilet sinks/Water closets is the largest type of ceramic sanitary ware.
The toilet sinks/water closets segment accounted for the largest share of the overall market, in terms of value, in 2019. It is also expected to be the fastest-growing segment during the forecast period. The demand from emerging nations and increasing consumer preference for toilet sinks to meet their basic sanitation requirements are driving the demand for toilet sinks/water closets. They have been further classified into one piece, two piece, wall hung closets, EWC, and others.
Based on Technology:
Slip casting is projected to be the largest technology of the ceramic sanitary ware market during the forecast period.
Due to its easy operation and low-cost labor, the slip casting segment accounted for the largest share in the ceramic sanitary ware market. The market in the pressure casting segment is projected to register the highest CAGR in the next five years.
Based on Application:
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Commercial is projected to be the larger application of the ceramic sanitary ware market during the forecast period.
The commercial application accounted for the larger share of the overall market in 2019. Ceramic sanitary wares have a wide range of applications in the commercial sector. Owing to the heavy use and frequent replacement of ceramic sanitary ware in the commercial sector, the growth of ceramic sanitary ware is high in this application.
Based on Region:
APAC is projected to be the largest market for ceramic sanitary ware during the forecast period.
APAC is the largest market of ceramic sanitary ware, followed by Europe and North America. The massive industrial growth in APAC has been fueling the growth of the ceramic sanitary ware market over the past few years, which is expected to continue during the next five years. Domestic and foreign investments in key sectors, such as energy, manufacturing, construction, and mining, have been consistently growing over the past decade. It is expected to result in the growth of the industrial sector and the demand for ceramic sanitary ware in the country.
Why Choose MNM?
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Foam Plastics Market Scope
Foam plastics are a type of polymer material that are produced by introducing gas or air into a polymer melt or solution to create a porous structure. These materials are known for their light weight, low density, and high insulation properties, making them suitable for a wide range of applications in various industries.
The foam plastics market is driven by the increasing demand for energy-efficient and lightweight materials in the construction, automotive, and packaging industries. The foam plastics market size for Foam plastics is projected to grow from USD 51.6 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8%. In the construction industry, foam plastics are used as insulation materials to reduce energy consumption in buildings and homes. In the automotive industry, foam plastics are used in the manufacture of seats, door panels, and dashboards, as well as in the production of lightweight and fuel-efficient vehicles. In the packaging industry, foam plastics are used to protect and cushion products during transportation and storage.
The global foam plastics market is expected to grow at a compound annual growth rate of around 5% between 2021 and 2026, driven by the increasing demand for energy-efficient and lightweight materials, as well as the growing trend towards sustainable and eco-friendly materials. The market is also expected to be supported by the increasing demand for foam plastics in emerging economies, such as China and India, as well as the increasing adoption of foam plastics in the automotive, construction, and packaging industries.
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Foam Plastics Market Key Players
Foam plastics are a type of plastic material that is made up of a network of cells filled with gas, creating a lightweight and porous material. Foam plastics are used in a wide range of applications, including building and construction, automotive, packaging, and consumer products. Some of the key vendors in the foam plastics market include:
Foam Plastics Market Upcoming Trends
Some of the key trends in the foam plastics market include:
Foam Plastics Market Drivers
There are several drivers that are contributing to the growth of the foam plastics market:
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Foam Plastics Market Segmentation
The foam plastics market can be segmented based on type, end-use industry, and region.
By Type:
Polyurethane resin segment is projected to be the largest segment of the foam plastics market.
PU resin-based foam is available in a wide range of rigidity, hardness, and density levels. Low-density flexible resin-based foams are used in upholstery, bedding, automotive and truck seating, and novel inorganic plant substrates for roof or wall gardens. PU foams are mainly used in furniture & bedding and building & construction sectors. It is produced by many leading manufacturers. PU resin-based foam is a good choice for insulation and helps in reducing CO2 emissions.
By Application:
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Footwear, sports & recreational is the fastest-growing segment of the overall foam plastics market.
The footwear, sports & recreational segment is projected to be the fastest-growing end-use industry of foam plastics. The properties offered by foam plastics in polymer foams, such as good thermoforming capacity and creep resistance, make it suitable for use in many sporting goods such as skis, hockey sticks, snowboards, surfboards, and racing bicycle wheels. Using foam plastics in sporting goods make the final products lightweight and durable with high mechanical properties
By Region
APAC is the largest foam plastics market, globally.
APAC is the leading market for foam plastics. The growth in the region is fueled by the booming economies of China, India, Indonesia, and Vietnam. PU resin based foams are preferred choice in the building & construction industry in APAC. It is in high demand, as it is a low-cost material that provides low heat conduction coefficient, low density, low water absorption, relatively good mechanical strength, and good insulating properties. APAC is a rapidly developing region with growth opportunities for companies willing to invest in high-growth markets.
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Fluoropolymer Tubing Market Scope
Fluoropolymer tubing, also known as Teflon tubing, is a type of tubing made from a class of polymers that contain the element fluorine. These polymers are known for their excellent chemical and temperature resistance, which makes them well-suited for use in a variety of industrial and commercial applications. The global fluoropolymer tubing market size is projected to grow from USD 513 million in 2021 to USD 662 million by 2026, at a CAGR of 5.2% between 2021 and 2026.
Some of the key applications of fluoropolymer tubing include:
The market for fluoropolymer tubing is expected to grow in the coming years due to the growing demand for these materials in various industries, particularly in chemical processing, semiconductor and pharmaceuticals. Factors such as increasing demand for high-performance materials, technological advancements, and growing industrialization in developing countries are all expected to drive market growth.
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Fluoropolymer Tubing Market Key Players
Fluoropolymer Tubing Market Drivers
The market for fluoropolymer tubing is driven by a number of factors, including:
Fluoropolymer Tubing Market Restraints
There are a few key factors that can act as restraints on the growth of the fluoropolymer tubing market.
One of the main restraints is the high cost of fluoropolymer tubing compared to other types of tubing materials. Fluoropolymers are specialty materials that are difficult to manufacture and require specialized equipment, which can add to the overall cost.
The lack of flexibility in the material can also be a restraint as Fluoropolymer tubing is rigid, which limits its use in certain applications such as flexible tubing in medical devices or other applications where the tubing needs to bend.
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Fluoropolymer Tubing Market Segmentation
The global fluoropolymer tubing market can be segmented by material type, application, and geography.
By material type, the market can be segmented into:
FEP to be the fastest growing material segment of the fluoropolymer tubing market, during the forecast period.
Fluorinated ethylene-propylene or FEP was designed to overcome the limitations faced while using PTFE tubing. FEP has transparent walls and a slight increase in stiffness with increase in working pressure by 30%. It has low working temperature which is 50°F lower than that of PTFE and can be used as wire encapsulation without damaging the electrical components.
By application, the market can be segmented into:
Medical tubing is projected to account for the largest share of the fluoropolymer tubing market, by application, during the forecast period.
APAC countries such as China and Japan are witnessing rising demand for medical devices owing to the aging population. Medical and diagnostic equipment such as catheters and cardiopulmonary bypasses (CPB), and general equipment have high demand in the region.
Geographically, the market can be segmented into:
APAC is expected to be the fastest-growing market during the forecast period.
Fluoropolymer tubing market has been segmented into APAC, Europe, North America, South America, and Middle East & Africa. The market in the APAC region is growing due to the rising demand from various end-use industries such as medical, automotive, semiconductor, and energy. Asia Pacific is one of the fastest-developing markets, mainly due to rising population, urbanization, and industrialization.
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Reasons for Buying this Report
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 32)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 FLUOROPOLYMER TUBING MARKET: INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 35)
2.1 RESEARCH DATA
FIGURE 1 FLUOROPOLYMER TUBING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Primary interviews – demand and supply sides
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
Continued...
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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Rubber Additives Market Scope
The recently introduced report by MNM Research titled “Rubber Additives Market report includes an executive summary, regional economic outlook, and summary sections which provide a consistent analysis of the Rubber Additives Market 2021 - 2026. in addition, the report within the market overview section outlines SWOT analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's 5 forces analysis that helps to reveal a possible situation of the market by revealing a competitive situation with respect to the Rubber Additives Market. The rubber additives market is projected to reach USD 9.3 billion by 2026, at a CAGR of 3.5% from USD 7.8 billion in 2021. The Research Report mainly includes rubber additives market analysis, size, share, growth Factors, sales, Demand, Revenue, Trade, Forecast and Global companies Analysis. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.
Browse in-depth TOC on "Rubber Additives Market"
226 – Tables
47 – Figures
182 – Pages
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Main Pointers Presented in the Report
Rubber Additives Market Key Players
The market is highly integrated, with a few major players dominating the market. Also, a large number of domestic and international market players are included in this report -
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Antidegradants is the largest type segment of the rubber additives market. Tire was the largest application segment of the rubber additives market. Asia Pacific was the largest market for rubber additives in 2020, in terms of value. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires.
Antidegradants segment is projected to be the fastest-growing type for rubber additives market between 2021 and 2026.
The demand for antidegradants is fueled by the expansion in its applications such as tire and industrial rubber products. These are used to improve the rubber's resistance against the effects of sunlight, oxidation, heat, and mechanical stress. Moreover, they are used to improve the performance and lengthen the service life of rubber products. The market for accelerators is estimated to witness a decent growth due to their increased demand for vulcanizing rubber products. The others segment is estimated to witness slow growth during the forecast period. Processing aids, blowing agents, among others are used to improve the plasticity of rubber.
Non-tire is projected to be the fastest-growing application in rubber additives market between 2021 and 2026.
Non-tire applications of rubber additives include conveyor belts, footwear, floor tiles, hoses, gaskets, among others. To meet the demand of consumers for durable and high-quality footwear, the brands make use of the finest rubber. Thus, the rubber is processed using the additives to make it suitable to be used for various applications. Rubber is used in the production of conveyor belts, and it is processed using rubber additives to make it efficient for use. Manufacturers in the Asia-Pacific region are focusing on increasing the quality of the conveyor belts to match the quality standards of the European products. The demand is also expected to arise from the Eastern European countries because of the economic development in the region
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Asia Pacific is projected to be the fastest-growing region for the rubber additives market during the forecast period.
Asia Pacific is the fastest-growing region in rubber additives market owing to rapid economic growth in the region. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires.
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About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Polylactic Acid (PLA) Market Scope
Polylactic acid (PLA) is a biodegradable and biobased plastic derived from renewable resources such as corn starch, cassava roots, or sugarcane. Because of its environmental advantages, PLA is becoming increasingly popular as a substitute for traditional petroleum-based plastics. The global market for PLA is expected to grow in the coming years, driven by rising concerns about plastic waste and the environmental impact of traditional plastics. Polylactic Acid (PLA) Market size is projected to grow from USD 1.0 billion in 2021 to USD 1.9 billion by 2026, at a CAGR of 12.2% between 2021 and 2026. The competitive scenario of the Polylactic acid (PLA) market is highlighted in the market, which provides an outlook analysis of the various business growth strategies adopted by the vendors. It also covers vital news that delivers valuable thought at the different stages while keeping up to date with businesses and engaging stakeholders in the economic debate.
There are several factors that are expected to drive the growth of the PLA market in the future. One of the key drivers is the growing concern about plastic waste and its negative impact on the environment. As a biodegradable plastic, PLA can help to reduce the amount of plastic waste that ends up in landfills and the natural environment. Additionally, because PLA is made from renewable resources, it has a lower carbon footprint compared to traditional plastics.
Another factor driving the growth of the PLA market is the increasing demand for sustainable packaging solutions. PLA is a suitable alternative to traditional plastics in food packaging, disposable cutlery and other applications, as it can be composted and breakdown safely in natural environment.
The polylactic acid (PLA) market is driven by a number of factors, including increased demand for sustainable and biodegradable materials, government regulations and incentives for the use of bioplastics, and the growing use of PLA in a variety of applications.
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Polylactic Acid (PLA) Market Key Players
Polylactic Acid (PLA) Market Drivers
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Polylactic Acid (PLA) Market Restraints
There are several restraints that can impact the growth of the Polylactic Acid (PLA) market. Some of the key restraints include:
Polylactic Acid (PLA) Market Segmentation
The Polylactic Acid (PLA) market can be segmented based on various criteria such as:
By Grades
The thermoforming grade segment is expected to lead the PLA market during the forecast period.
Thermoforming grade has enormous growth potential in various packaging applications such as food, beverages, and other consumer products. Thermoformed parts made of PLA have excellent clarity, comparable to those formed in oriented polystyrene (OPS) and polyethylene terephthalate (PET). This, combined with the temperature requirements for product storage, make thermoformed PLA suitable for food packaging trays for baked goods, fruits, and vegetables.
By Applications
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By End-use industries
The packaging segment is estimated to be the fastest-growing end-use industry for PLA market during the forecast period.
Packaging is the largest end-use industry for PLA, with a high CAGR of 13.0% during the forecast period. The need for sustainable solutions has encompassed several industry verticals, including food & beverages, e-commerce, and FMCG. The unique properties of packaging enable its use in various food and non-food applications such as cigarettes, biscuits, sugar confectioneries, baked goods, noodles, and other snacks. The rise in e-commerce has also increased packaging requirements.
By Region
Europe is expected to be the largest market for PLA during the forecast period.
The packaging industry is the largest end-use industry of PLA in Europe. The political and economic conditions have also driven the market penetration of PLA. The EU Commission has focused on the Lead Markets Initiative, where PLA has been identified as one of the most important potential markets. The strict government norms and economic conditions have also driven the PLA market. These factors have been responsible for the development of PLA with collaborative research in the region.
Why Choose MNM?
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]