Wednesday, 13 March 2019

Aramid Fibers are Synthetic High-Performance Fibers

14-March-2019: The global aramid fiber market size is expected to reach USD 5.90 billion by 2025, according to a new study by Grand View Research, Inc., registering a CAGR of 8.2% during the forecast period. Growing demand for protective clothing in various end-use industries such as construction, manufacturing, and oil and gas, as well as law enforcement, military, and firefighting is expected to drive the overall market over the forecast period.

Aramid Fiber Market

Aramid fibers are synthetic high-performance fibers with molecules that are described by rigid polymer chains. These molecules are connected by hydrogen bonds, which transfer mechanical stress easily and efficiently. Aramid fibers are distinguished from other synthetic fibers by various characteristics such as low flammability, good resistance to organic solvents, high strength, good resistance to abrasion, non-conductivity, no melting point, and good fabric integrity at elevated temperatures.

Aramid fibers find wide-scale application in security and protection, frictional materials, rubber reinforcement, and optical fibers. Over 30% of aramid fiber produced is used for security and protection applications in various industries such as law enforcement and military, oil and gas, pharmaceuticals, building and construction, and firefighting.

Para-aramid fiber is projected to play a key role in market growth over the forecast period owing to its advantageous properties such as high strength and rigid molecular structure, which drive its utilization in security and protection application. Rising demand for protective headgear, safety goggles, protective footwear, earplugs, gloves, safety harnesses, and others is anticipated to propel product demand over the forecast period.

In depth research report on Aramid Fiber Market

Further key findings from the repot suggest:

·       Para-aramid was the largest product segment in the global aramid fiber market in 2017 and is anticipated to dominate the market through the forecast period

·       Security and protection accounted for the largest share by application in 2017 on account of increasing applicability of personal protective equipment in various end-use markets

·       Europe dominated the overall aramid fiber market and is projected to expand at a CAGR of 7.7% over the forecast period. Increasing demand from various end-use markets in Asia Pacific, particularly in China and India, is likely to drive this market

·       Asia Pacific is projected to register the highest CAGR of 9.8% over the forecast period owing to increasing demand in emerging countries such as China and India.

Grand View Research has segmented the global aramid fiber market on the basis of product, application, and region:

Aramid Fiber Products Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Para-Aramid

·       Meta-Aramid

·       Others

Aramid Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Security & Protection

·       Frictional Materials

·       Rubber Reinforcement

·       Optical Fibers

·       Tire Reinforcement

·       Electrical Insulation

·       Aerospace

·       Others

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About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/

Specialty Pulp and Paper Chemicals Market is Projected to Reach USD 26.23 billion by 2025: Grand View Research, Inc.

14-March-2019: The global specialty pulp & paper chemicals market size is expected to reach USD 26.23 billion by 2025 at a revenue-based CAGR of 3.0% during the forecast period, according to a new report by Grand View Research, Inc. Rising importance of functional chemicals, which provide excellent optical properties and improve printability, is one of the many factors driving industry growth.

Specialty Pulp and Paper Chemicals Market

The specialty pulp & paper chemicals market is projected to exhibit steady growth as a result of rising global demand for tissues and packaging grades. Herein, rapid growth of e-commerce is augmenting consumption of packaging grades and packing materials. Moreover, increasing concern over food safety in the food and beverages sector has propelled the need for high-quality food service board and liquid packaging board.

Demand for specialty papers and chemicals is expected to witness high growth owing to rising demand for sterilizing paper in medical applications. Sterile bags produced from these papers provide optimal and clean surface for rotogravure and flexo printing.

Basic chemicals, including caustic soda, sodium carbonate, and mineral acids, are used as a catalyst or for chelating in the specialty pulp and paper industry. On account of its toxic nature, demand for basic chemicals is likely to witness restricted growth over the forecast period. Moreover, environmental concerns are expected to increase with growing number of regulatory compliances in various countries such as U.S., Germany, France, and U.K.

Specialty pulp and paper chemicals are used in printing applications such as freestanding inserts, advertisements, catalogs, and magazines. Some of the many advantages of specialty paper in printing are increased printability, runnability, permanence, durability, superior opacity, excellent surface and strength characteristics, acid-free and alkaline papers, and high brightness.

 In depth research report on Specialty Pulp and Paper Chemicals Market

Further key findings from the report suggest:

·       By product, the bleaching chemicals segment is expected to register a market volume of 8,556.8 kilo tons by 2025, at a CAGR of 2.0% from 2017 to 2025

·       In terms of revenue, the functional chemicals segment is expected to exhibit the highest CAGR of 3.2% over the forecast period

·       The packaging application dominated the global specialty pulp & paper chemical market with a global revenue share of 40.6% in 2017

·       North America is likely to exhibit a significant volume-based CAGR of 2.1% over the forecast years, owing to a large market for eco-friendly and 100% recyclable products in U.S.

·       Countries in Asia Pacific, especially India, Indonesia, and China, are expected to observe notable growth over the forecast years

·       The global industry is characterized by product accreditation, capacity expansion, capital expansion, and investment decisions of manufacturers to improve market share

·       Some of the prominent companies in the industry are Royal Dutch Shell Plc.; SNF Floerger; Evonik Industries AG; Solvay S.A.; ERCO Worldwide; Kemindo International; BASF SE; The Dow Chemical Company; Nalco Holding Company; Ashland, Inc.; Buckman Laboratories International, Inc.; and Donaldson Company, Inc.

Grand View Research has segmented the global specialty pulp & paper chemicals market on the basis of product, application, and region:

Specialty Pulp & Paper Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Basic Chemicals

·       Functional Chemicals

·       Bleaching Chemicals

·       Process Chemicals

Specialty Pulp & Paper Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Packaging

·       Labeling

·       Printing

·       Others

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About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/

Friday, 8 March 2019

Para-aramid Fibers Market Size is Projected to reach USD 3.6 billion by 2025: Grand View Research, inc.

8-March-2019: The global para-aramid fibers market size is expected to reach USD 3.6 billion by 2025 at a 6.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for security and protective measures in various industries such as military and construction is likely to boost product demand.


Para-aramid Fibers Market

Raw material prices play a key role in industry growth, which helps players align product demand and gain control over the supply chain. Furthermore, major players are focused on integration across the value chain in order to maintain continuous raw material supply in a bid to increase market revenue.

The market is witnessing a high level of competition owing to presence of a large number of regional and global players with operations across the globe. Key participants are actively involved in adopting various strategic initiatives to gain a large share. The degree of competition depends on product demand, innovation in technology, and distribution network.

The production process is highly energy intensive and makes use of expensive chemicals, which increases raw material cost in proportion to the overall cost of the product.

 In depth research report on Para-aramid Fibers Market

Further key findings from the report suggest:

·       By application, security and protection dominated the para-aramid fiber market, accounting for 38.4% of the total revenue in 2017. This is owing to increasing demand for production of security and protective wearables, including bulletproof vests

·       Optical fibers is estimated to be the fastest growing application segment, registering a CAGR of 5.3% in terms of volume from 2018 to 2025. This is due to surge in demand for aerial dielectric self-supporting cables, premise cables, water-blocking yarns, fiber to the home (FTTH), ballistic tapes, and ripcords

·       Europe was the largest market for para-aramid fibers, accounting for over 37.0% of the revenue in 2017. This can be attributed to high demand from various application sectors such as security and protection, electrical insulation, rubber reinforcement, and tire reinforcement

·       Increasing demand for high fuel efficiency and continuous advancements in the transportation sector are expected to emerge as major factors driving the industry over the forecast period

·       Key players aim to achieve optimum growth and strengthen their position through various expansion strategies such as partnerships, new product developments, agreements, technical collaborations, and capacity expansions.

Grand View Research has segmented the global para-aramid fibers market on the basis of application and region:

Para-aramid Fibers Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

·       Security & Protection

·       Optical Fibers

·       Friction Materials

·       Rubber Reinforcement

·       Tire Reinforcement

·       Others

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About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 4 March 2019

Elastomers Market Hit USD 109.2 billion by 2025: Grand View Research, Inc.

5-March-2019: The global elastomers market size is expected to reach USD 109.2 billion by 2025 expanding at a CAGR of 4.8%, according to a new study by Grand View Research, Inc. The market is anticipated to be driven by rising demand from several application areas including automotive, medical, consumer goods, industrial, and others. Moreover, the development of biodegradable grades of elastomers is anticipated to create lucrative growth opportunities for the market. Automotive application segment is expected to lead the market during the forecast period. Rising adoption for hybrid and Electric Vehicles (EVs) is influencing the product demand in this application. High-performance elastomers are used in EVs for better fuel-efficiency and reduced carbon emissions.

Elastomers Market


A number of manufacturers are engaged in substituting steel to compete in terms of operating range with internal combustion vehicles. In addition, various battery charging stations are installed to improve the operating range of EVs. Rising scale of automotive manufacturing coupled with increasing use of modified plastics is expected to act as a key driver for the market over the forecast period. Booming manufacturing sectors in China and India, particularly in automotive and electronics industries, will drive the APAC regional market. Thermoplastic Elastomers (TPEs) are fully recyclable and capable of reprocessing, which is expected to boost development in the electrical and electronics segments in packaging and wire and cable fields.

They are also highly UV- and ozone-resistant, which increases their scope for outdoor wiring applications. Major types of TPEs include Styrene Block Copolymer (SBC), Thermoplastic Polyurethanes (TPU), Thermoplastic Polyolefins (TPO), Thermoplastic Vulcanizates (TPV), Copolymer Esters (COPE) and other TPEs. Development of innovative TPEs is projected to boost product scope in undiscovered applications and help increase the market share. Emphasis on waste reduction is anticipated to foster the replacement of conventional raw materials with recyclable and sustainable TPEs, which is also likely to boost segment growth.

In depth research report on Elastomers Market

Further key findings from the study suggest:

·       Asia Pacific led the global elastomers market and is also anticipated to witness the fastest CAGR of 6.1% during the forecast period from 2018 to 2025

·       China is the fastest-growing country in the global market due to huge growth potential as it is characterized by high demand, as well as production, of elastomers; mainly TPEs

·       The growth of the elastomers market in China is majorly supplemented by high demand from the footwear industry

·       Extensive R&D activities in the field of developing eco-friendly grades have led to the creation of several improved product grades, which is expected to help boost the market

·       Recently, PolyOne Corp. announced to initiate TPE production at its production facility in Pune, India, which will allow the company to cater to the domestic consumer needs

Grand View Research has segmented the global elastomers market on the basis of type, application, and region:

Elastomers Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Thermoset

·       Thermoplastic

Elastomers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Automotive

·       Medical

·       Consumer Goods

·       Industrial

·       Others

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About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/

Smokehouse Market Hit USD 157.2 million by 2025: Grand View Research, Inc.

5-March-2019: The global smokehouse market size is anticipated to reach USD 157.2 million by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 2.2% during the forecast period. Rising need for a healthy lifestyle has led consumers to prefer griller or barbequed food over fried food and other kinds of fast food. This trend is expected to have a positive impact on the market growth.

Smokehouse Market

Key market participants have been focusing on innovation and new product development to manufacture environment-friendly components using latest technologies. Most manufactures have been focusing on electric grills to help reduce air pollution caused on account of burning charcoal and wood.

North America was the dominant region occupying over 35.0% of the revenue share in 2017. It is projected to account for a major share of the market over the forecast period on account of increasing popularity among young adults for cookouts.

Europe is expected to account for the second largest market share in 2017. In addition, the demand for portable products is expected to grow over the forecast period owing to increase in the number of family outings and picnics.

The smokehouse market is characterized by the presence of major companies as well as small- and medium-scale regional players. Some of the major players in the market engage in strategic developments to boost their sales and revenue by expanding their reach and providing customized services to customers.

Key players operating in the industry are The Weber-Stephen Products LLC, KitchenAid, Lynx Grills, and Viking Range Corporation among various others.

In depth research report on Smokehouse Market

Further key findings from the report suggest:

·       Outdoor grills segment was valued at USD 76.3 million in 2017 and is expected to witness steady growth over the forecast period, on account of the rising trend toward cookouts and outdoor parties among the youth

·       Electric grill segment is expected to expand at a CAGR of 2.2% from 2018 to 2025. Electric grills are cheaper than gas grills, can be used in both indoor and outdoor spaces, and are easy to clean. In addition, since these grills just need to be plugged in to be used, there are not many restrictions and regulations governing their safe use

·       Europe was the second largest revenue generating region with USD 34.0 million in 2017 on account of technological advancements in manufacturing processes of the smokehouses coupled with the development and introduction of innovative products.

·       Some of the key strategies adopted by industry participants include mergers and acquisitions and integrations across the value chain to strengthen their product portfolios and global distribution network

Grand View Research has segmented the global smokehouse market on the basis of type, product, and region:

Smokehouse Type Outlook (Revenue, USD Million, 2014 - 2025)

·       Indoor

·       Outdoor

Smokehouse Product Outlook (Revenue, USD Million, 2014 - 2025)

·       Charcoal & Wood Grill

·       Electric Grill

·       Gas Grill

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About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/

Heat Transfer Fluids Market Hit USD 3.24 billion by 2025: Grand View Research, Inc.

5-March-2019: The global heat transfer fluid market size is projected to reach USD 3.24 billion by 2025, according to a new report by Grand View Research, Inc., registering a 5.1% CAGR during the forecast period. Increasing technological innovations in the industry by key global multinationals is a key driving force of the industry.

Heat Transfer Fluids Market

Key players such as DowDuPont, Eastman Company, ExxonMobil, Shell, and British Petroleum have integrated their business operations along the value chain to further strengthen their market position and sustain in the market. These companies have authorized resellers or third-party distributors across the globe, including Broughton Lubricants and Thermic Fluid Pvt. Ltd., to cater to local and regional demand.

Suppliers have been focusing on customer needs such as technical support and services in order to be truly customer-driven. With the evolution of e-commerce, suppliers are able to source and supply HTF with shorter lead-times and delivery products faster, along with being more accessible to the marketplace.

Mineral oil-based heat transfer fluid prices are highly affected by mineral oil prices, which showed high volatility over the period from 2010 to 2015 (March 2015). Increasing consumption has led to continuous increase in mineral oil prices from mid-2010 to mid-2011. In addition, widening of supply-demand gap of mineral oil led to an increase in prices during that period. All these factors have cumulatively affected demand and pricing structure of heat transfer fluids globally.

Concentrated solar power (CSP) is an advanced technology that is extensively used in recovery of solar energy. It requires thermal oils, which is responsible for collecting and transferring the generated heat from collectors to generators, thereby cooling the photovoltaic surface. These plants are observed to be increasingly gaining prospect across economies such as China, U.S., and France, which is likely to directly lead to increase in consumption of HTFs in these countries.

In depth research report on Heat Transfer Fluids Market

Further key findings from the report suggest:

·       The global heat transfer fluid market demand was 503.6 kilotons in 2018 and is projected to exhibit an estimated CAGR of 3.7% from 2019 to 2025

·       In terms of HTF product type, glycol (ethylene & propylene)-based fluids will form the fastest growing segment with a volume-based CAGR of 4.3% over the forecast period

·       Concentrated solar power is the fastest growing application segment with 5.0% volume-based CAGR over the forecast period

·       With heavy investments in research and development activities, major industry participants have shifted toward bio-based thermic oils, in compliance with government regulations laid down to protect the environment

·       Some of the key formulators in the industry are BASF, Radco Industries, DowDuPont, and Eastman.

Grand View Research has segmented the global heat transfer fluid market on the basis of product, application, and region:

Heat Transfer Fluid Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Silicone

·       Oil & Gas

·       Chemical Industry

·       CSP

·       Food & Beverages

·       Plastics

·       Pharmaceuticals

·       HVAC

·       Other

·       Aromatics

·       Oil & Gas

·       Chemical Industry

·       CSP

·       Food & Beverages

·       Plastics

·       Pharmaceuticals

·       HVAC

·       Other

·       Mineral Oils

·       Glycol Fluids

·       Others

Heat Transfer Fluid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Oil & Gas

·       Chemical Industry

·       CSP

·       Food & Beverages

·       Plastics

·       Pharmaceuticals

·       HVAC

·       Others

Browse more research reports of this category:

About Grand View Research

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 market analysis reports, please visit: http://www.grandviewresearch.com/