Thursday, October 20, 2022

Carbon Nanotubes (CNT) Market Revenue In US| Carbon Nanotubes (CNT) Industry Future Growth, Trends and Top Key Players

The global ultrasonic testing market size is projected to reach USD 3,671.9 million by 2027, exhibiting a CAGR of 9.43% during the forecast period. The burgeoning startup culture in the non-destructive testing (NDT) domain will play a central role in fueling this market, postulates Fortune Business Insights™in its report, titled “Ultrasonic Testing Market Size, Share & COVID-19 Impact Analysis, By Type (Time-Of-Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave Testing, Acoustography, and Others) By Equipment (Flaw Detectors, Thickness Gauges, Transducers & Probes, Industrial Scanners, Tube Inspection Systems, Bond Testers, Imaging Systems, and Others), By Service (Inspection Services, Equipment Rental Services, Calibration Services, and Training Services), By Vertical (Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, and Others) and Regional Forecast, 2020-2027”. Testing and inspection are critical functions that operators and owners of capital have to perform to ensure the safety and reliability of equipment, machinery, and other assets. Startups have been steadily emerging over the past few years to fulfill these functions using NDT and ultrasonic testing (UT) technologies. For example, the Indian startup AAVRTTI has developed RUDI (Radar for Utility Detection and Imaging) to detect, identify, and map buried utilities. The company also offers other services, such as the localized detection of cable faults and underground pipe leakages. Inductosense, a startup domiciled in the UK, has been engaged in developing NDT solutions using ultrasonic testing. The company manufactures ultrasonic sensors to facilitate accurate monitoring of internal corrosion & erosion in pipelines and vessels. These advancements in asset testing technologies, heralded by fledgling startups, will create massive opportunities for this market.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Carbon Nanotubes (CNT) Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Carbon Nanotubes (CNT) Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

 The report states that the value of the market was estimated to be USD 2,297.2 million in 2019 and also shares the following:

  • Holistic evaluation of the various market drivers and trends;
  • Granular understanding of the challenges facing the market;
  • Unmatched segmentation of the market; and
  • Microscopic study of the competitive milieu and regional prospects of the market.

Restraining Factor

Revenue Shortfalls amid the COVID-19 Crisis to Quell Market Growth

With the coronavirus-induced global economic and health crisis unfolding with increasing intensity, the aviation industry is set to experience unprecedented revenue shortfalls. According to the International Civil Aviation Organization (ICAO), in the first half of 2021, airlines are likely to face potential gross passenger operating revenues between USD 163 billion and USD 194 billion. This is in addition to the USD 391 billion worth of losses faced by airliners in 2020. The ultrasonic testing market growth is also expected to suffer setbacks as a result of these financial stresses as the pandemic has severely disrupted investment plans of aircraft manufacturers and aviation technology providers. Furthermore, travel restrictions and the cancelation of flights have delayed the adoption of advanced UT technologies. For example, a recent report by the Organization for Economic Cooperation and Development (OECD) points out that a combination of supply shocks and negative demand has created widespread uncertainty in the aviation industry, thus delaying the deployment of next-generation technologies, such as ultrasonic testing, by airline companies. As a result of these developments, this market will display a negative CAGR of -14.9% in 2019 and reach a value of USD 1,954.4 million in 2020.

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Regional Insights

North America to Register Sterling Growth; Asia Pacific to Progress Promisingly

In 2019, the North America market size stood at USD 893.7 million, and the region is expected to bolster its growth trajectory during the forecast period on account of the rising employment of UT methods in the inspection of railway infrastructures. In addition, growing adoption of advanced testing technologies in the region’s robust aerospace industry will further boost the regional market.

Asia Pacific is anticipated to showcase the fastest growth in the ultrasonic testing market share in the forthcoming years owing to the huge investments in ramping up public infrastructure in India and the rapid expansion of the manufacturing industry in China. In Europe, the regional market growth will be aided by the increasing demand for these ultrasonic type of testing solutions in the automotive industry in Germany.

 Competitive Landscape

Lucrative Collaborations to Characterize Market Competition

The competitive landscape of this market is experiencing a period of prolific dynamism due to the increasing number of lucrative partnerships between aviation industry giants and key players in the UT market. These collaborations are aimed at developing inventive testing solutions for aircraft components, which in turn will entrench the market position of the collaborating entities.

Industry Developments:

  • September 2020: Element Sheffield announced the bagging of approval from the aircraft engine maker, Safran, for destructive testing services. The agreement follows the recent clearance from Safran to Element to deploy ultrasonic testing techniques for Safran’s components and materials.
  • January 2020:Novosound, a Scottish startup, secured a USD 4.3 million investment to develop and launch its first flexible thin-film ultrasound sensor for inspecting curved surfaces in June. The startup will be targeting the field of inspection and maintenance of aircraft with the introduction of this device.

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Anti-Microbial Nano Coatings Market Expanding Worldwide by 2029 | Increasing Product Demand from Medical & Healthcare Industries to Fuel Market Growth

 The global anti-microbial nanocoatings market size is likely to witness astronomical growth in the upcoming years. Antimicrobial coatings prevent viruses and microbes from incubating and spreading. They are one of the most advanced and effective methods of preventing infections. The increasing instances of diseases spreading through bacterias fuel the product demand in various sectors such as marine, medical, healthcare, etc. Fortune Business Insights™ has presented this information in an upcoming report titled, “Anti-Microbial Nano Coatings Market, 2022-2029”.

As per the report, the market is gaining immense popularity due to several reasons. For instance, antimicrobial nano coatings restrict aquatic slime and algae formation. The increasing product demand for the prevention of eutrophication in water bodies is expected to augment market growth in the forthcoming years.

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COVID-19 Impact-

The global pandemic has accelerated market growth. The highly transmittable coronavirus has augmented the demand for sanitizers, surface disinfectants, and antimicrobial coatings. The pandemic has surged the product demand from the healthcare and medical industries. These industries widely utilize the product for regular sanitization and disinfection. The product is also utilized to manufacture needles, syringes, and other medical tools that require regular disinfection. The market is expected to grow manifold post-pandemic.

Report Coverage-

  • The report showcases a comprehensive assessment of the prospected market.
  • The report identifies drivers, threats, and opportunities for future market growth.
  • The report provides a detailed evaluation of the technological, social, political, economic, and environmental aspects across different geographies.
  • The report sheds light on the competitive landscape and provides information on key market trends, new product launches, expansions, etc.
  • The report incorporates Porters’ Five Forces Analysis for a precise prediction.

Segmentation-

On the basis of application, the market segments into marine, medical, food & beverages, water treatment equipment, healthcare, etc. Geographically, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers & Restraints-

Increasing Product Demand from Medical & Healthcare Industries to Fuel Market Growth

The global pandemic has surged the demand for surface disinfecting products significantly. The

regular disinfection of surfaces such as tabletops, door handles, knobs, etc., has risen during the pandemic. Furthermore, a surge in demand for antimicrobial nano coatings for application on medical devices, furniture, walls, implants, etc., and is likely to augment the global antimicrobial nano coatings market growth.

The dynamic consumer lifestyles and increasing prevalence of diseases caused by viruses and bacteria are expected to bolster the market growth in the forthcoming years.

Additionally, the constantly expanding medical and healthcare industries are expected to fuel market growth due to rising investments.

However, the environmental concerns regarding product application in coatings and paint production are likely to hinder the market growth.

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Regional Insights-

North America to Emerge Dominant in Global Market

North America is projected to hold the largest portion of the global antimicrobial nano coatings market share. This is attributable to the presence of robust healthcare and medical industries and the large-scale research and development activities for the production of infection restraining paints and coatings. Additionally, the increasing product adoption by the US Navy is expected to complement market growth.

The expanding product demand from the healthcare industry is anticipated to help Europe witness substantial growth in the forthcoming years.

The increasing old-age population, increasing prevalence of diseases caused by viruses and bacteria, and the expanding healthcare industry propel the product demand in Asia Pacific. Hence, the rising adoption of these coatings is anticipated to help Asia Pacific observe steep growth in the forthcoming years.

The lack of a robust healthcare sector in the Middle East & Africa, and Latin America observe sluggish growth during the forecast period.

Competitive Landscape-

Key Players Emphasize on Expansion of Production Capabilities & Launch of New Products

The market comprises major players operating at global and regional levels. The pandemic has forced the businesses operating in the market to increase their research and development activities and develop new products and advanced technologies. The key players emphasize on the expansion of their production facilities to grow in the market. The key players also focus on gaining a larger market share through partnerships, mergers, acquisitions, collaborations, etc. For instance, Nano-C acquired the core patents of Eikos Inc. in March 2019 to capitalize on the robustness of the Nano-C manufacturing of SWCNT.

Industry Developments-

  • December 2020: British Company launched a fast-acting antimicrobial coating called ViraTeq. The coating can destroy coronavirus on surfaces.

Key Players in the Global Anti-Microbial Nano Coatings Market are:

  • Toto USA
  • 3M Healthcare
  • Blue Nano Inc.
  • Eikos Inc.
  • Nanovere Technologies LLC
  • Nanofilm Ltd.
  • Smith and Nephew Plc.
  • Nanocare Tech.

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UK Magnesium Sulphate Market CAGR of 5.5% during the 2021-2030 period

 In a recently published report by Fortune Business Insights™, titled, "UK Magnesium Sulphate Market Report 2022", the analysts have provided an in-depth overview of the UK Magnesium Sulphate Market. The report is an all-inclusive research study of the UK Magnesium Sulphate market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The magnesium sulfate market size was USD 856.2 million in 2020. The market is projected to grow from USD 881.6 million in 2021 to USD 1,423.8 million in 2030 at a CAGR of 5.5% during the 2021-2030 period. This vital information is presented by Fortune Business Insights™, in its report titled, Magnesium Sulfate Market, 2021-2030.” Rising use case scenarios from various industries, such as pharmaceutical, personal care, food & beverage, and water treatment, will fuel the growth of the market during the forecast period. Additionally, increased integration from the personal care industry will increase the footprint of the market.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the UK Magnesium Sulphate Market Report:

  • PQ Corporation
  • UMAI CHEMICAL Co. Ltd.
  • Laizhou Guangcheng Chemical Co. Ltd.
  • Laizhou Zhongda Chemical Co. Ltd.
  • Giles
  • Balaji Industries
  • China Nafine Group International Co. Ltd.
  • Laizhou City Laiyu Chemical Co. Ltd.
  • Weifang Guomei Chemical Co. Ltd.

Most Important Features in this Report:

1. Detailed market study of the UK Magnesium Sulphate market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The UK Magnesium Sulphate Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the UK Magnesium Sulphate Market:

The UK Magnesium Sulphate research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the UK Magnesium Sulphate Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global UK Magnesium Sulphate Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global UK Magnesium Sulphate Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global UK Magnesium Sulphate Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Tuesday, October 18, 2022

Polyurethane Catalysts Market Overview Size, Trends, Analysis, Opportunities and Segments Forecast by 2029 | Environmental Benefits of PU to Positively Impact Market Growth

 The global polyurethane catalysts market size is projected to experience sterling expansion owing to the exponential growth of the construction industry, states Fortune Business Insights™in its report, titled “Polyurethane Catalysts Market, 2022-2029”.

The construction of residential and commercial buildings is accelerating at a breakneck speed across the globe, driven by increasing populations, expanding urban areas, and developing economies. According to Oxford Economics, the value of output from the construction industry will reach USD 15.5 trillion by just 2030, showcasing a meteoric rise of 85% over the next nine years. Polyurethane catalysts, such as Tosoh’s TEDA, are an essential component in making flexible and rigid polyurethane (PU) foams, which are extensively deployed in the construction industry. Thus, the skyrocketing demand for buildings and constructions worldwide is set to propel the adoption of PU catalysts and augment the prospects of this market.

COVID-19 Impact

The polyurethane catalysts market growth might gain from the COVID-19 pandemic outbreak as the demand for polymers has escalated since the pandemic began in 2020. This is mainly due to the surging requirement for air-purified respirators, a form of personal protective equipment (PPE), to spray PU foam systems in indoor settings. Furthermore, the heightened need for PPE from frontline healthcare workers is also expected to broaden the application of PU-based materials and boost the market in the process.

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Segmentation

In terms of product type, the market has been categorized into amine catalysts, organic metal catalysts, and others. Based on application, the market is grouped into foam, coating & glue adhesion agent, elastomer, and others. By region, the global market has been segregated into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Highlights of the Report

This report contains an in-depth analysis of the market drivers, trends, and restraints, along with a granular assessment of the various segments of the market. In addition, valuable insights into the regional opportunities impacting the market are also incorporated into the report, as well as a holistic examination of the major market players and their dominant strategies.

Driving Factor

Environmental Benefits of PU to Positively Impact Market Growth

While rampant plastic pollution has sent alarm bells ringing around the planet, environmental experts have pointed out that not all plastics cause pollution. Polyurethane is one such plastic, which offers notable environmental benefits. For example, PU and its derivatives, such as polyurethane catalysts, function as highly effective insulating agents for buildings, thus lowering the energy required by buildings for heating and cooling, making them energy-efficient and reducing carbon emissions. Furthermore, PU products make vehicles lighter in weight, and thus fuel-efficient, as PU is lighter than metals and other heavy materials. In addition to these, PU waste is often utilized to incinerate solid waste, thereby eliminating the need for fossil fuels. These exceptional properties of PU and PU-based products are one of the foremost reasons that will power this market during the forecast period.

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Regional Insights

Growing Urban Spaces to Brighten the Asia Pacific Market Prospects

Asia Pacific is expected to dictate the polyurethane catalysts market share in the forthcoming period owing to the speedy growth of urban areas in the region, which is fueling the demand for construction activities. For example, the UN predicts that India and China will experience a massive influx of migrants into urban areas by 2050. In Europe, the market is anticipated to be driven by the rising demand for energy-efficient insulation for buildings in the building, which can be facilitated by polyurethane catalysts. Meanwhile, the market in North America is set to undergo prolific growth on account of the rapid adoption of sophisticated PU manufacturing technologies.

Competitive Landscape

Portfolio Enhancement Activities by Key Players to Animate Market Competition

With an eye on enlarging their market footprint, key producers of polyurethane catalysts are aggressively broadening their portfolios to diversify their brands. One of the most prominent measures undertaken by these companies is to create PU-based products that are environmentally friendly, in an effort to improvesustainability in the chemical industry.

Industry Development

  • February 2021: Evonik converted its complete portfolio of silicone surfactants in Europe to include on low VOC-based products. The company’s entire suite of PU additive stabilizers will now be transformed to produce low VOC polyurethane foams.

List of Key Players Profiled in the Polyurethane Catalysts Market Report

  • Evonik Industries AG
  • Polychemie Asia Pacific Permai
  • Suzhou Xiangyuan Special Fine Chemical Co., Ltd
  • The Dow Chemical Company
  • Covestro AG
  • BASF SE
  • Gulbrasnson Chemical Pvt. Ltd.
  • Tosoh Corporation
  • Huntsman International LLC
  • Kao Corporation

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Thermal Paper Market Share, Size, Expected Growth Opportunities and Forecast by 2027 | Know the Russia Ukraine Impact On Thermal Paper Industry in US

The global thermal paper market size is projected to reach USD 5.85 billion by the end of 2027. Increasing applications of the product across diverse industry verticals will aid the growth of the overall market in the coming years. According to a report published by Fortune Business Insights, titled “Thermal Paper Market Size, Share & Industry Analysis, By Width (2.25”, 3.125”, and Others), By Printing Technology (Direct Thermal, Thermal Transfer, and Others), By Application (Point-of-Sale, Tags & Labels, Ticketing, Lottery & Gaming, Medical, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 3.45 billion in 2019 and will exhibit a CAGR of 6.9% during the forecast period, 2020-2027.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Thermal Paper Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Thermal Paper Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

Thermal paper is a specialty paper that is usually coated with a material that helps the paper transform its color when subjected to heat. The increasing applications of thermal paper are attributable to the favourable properties of the product. It is widely used in applications that require quick and short print slips including ATMs and other places that print out receipts. The growing product applications, coupled with the massive investment in the development of efficient products, will ultimately emerge in favor of the growth of the market in the coming years. The product is inclusive of easily derivable compounds as well as material available in abundance. The increasing investment in the research and development of efficient thermal paper will contribute to the growth of the overall market in the coming years. The presence of several large scale companies will emerge in favor of market growth.

Company Mergers Are Proving Beneficial for Existing Businesses

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Due to healthy market competition, several companies are looking to adopt strategies that will help them establish a strong position in the global market. It is observed that company mergers and collaborations are a growing trend among major businesses across the world. In February 2020, Koehler Paper Group announced that it has completed the acquisition of Beaver Paper and graphic Media Inc. The company is manufacturer of sublimation media; a product that is used widely in the digital printing industry. Through this acquisition, the company will look to combine the portfolio of both the companies and improve the overall sales and distribution of sublimation media across the world. Koehler’s acquisition of Beaver will help the company establish a formidable position in the global market. Additionally, this acquisition will have a huge impact on the growth of the overall market in the coming years.

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Market in Europe Held the Highest Share; Increasing Number of POS Terminals Will Emerge in Favor of Market Growth

The report analyzes the ongoing market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these regions, the market in Europe currently holds the largest market share. The increasing number of POS terminals will emerge in favor of market growth. The increasing number of ATM transactions will also lead to a wider product adoption in numerous countries across this region. As of 2019, the market in Europe was worth USD 1.57 billion and this value is projected to increase further in the coming years.

List of companies profiled in the report:

  • Lecta (Spain)
  • Hansol Paper (Korea)
  • Appvion Operations, Inc. (USA)
  • Domtar Corporation (USA)
  • Ricoh Industrie France SAS (France)
  • Mitsubishi Hi-Tech Paper (Germany)
  • Koehler Paper Group (Germany)
  • Kanzaki Specialty Papers, Inc. (USA)
  • Jujo Thermal Ltd. (Finland)
  • Oji Paper Co., Ltd. (Japan)
  • Kanzan Spezialpapiere GmbH (Germany)
  • Iconex LLC (UK)
  • Telemark Diversified Graphics (USA)
  • Panda Paper Roll (China)
  • Nakagawa Manufacturing (USA), Inc. (USA)
  • Suzhou Xiandai Paper Production Co., Ltd. (China)
  • PG Paper Company Ltd. (UK).
  • Thermal Paper China (China)
  • Chenming Group (China)
  • Guangdong Guanhao High-Tech Co., Ltd. (China)

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US Electronic Chemicals and Materials Market USD 89.82 billion by 2028 | CAGR of 6.0%

 In a recently published report by Fortune Business Insights™, titled, "US Electronic Chemicals and Materials Market Report 2022", the analysts have provided an in-depth overview of the US Electronic Chemicals and Materials Market. The report is an all-inclusive research study of the US Electronic Chemicals and Materials market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global US Electronic Chemicals and Materials market size was USD 56.39 billion in 2020. The market is projected to grow from USD 59.88 billion in 2021 to USD 89.82 billion by 2028 at a CAGR of 6.0% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “US Electronic Chemicals and Materials Market, 2021-2028.” Factors such as technological progression in the electronics industry and rising inclination for connected devices and smart technologies are expected to boost the market growth during the forecast period. Also, the rising consumption of electronic devices computers, smartphones, laptops, and air conditioners from established corporate companies will fuel the growth of the market.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Electronic Chemicals and Materials Market Report:

  • Linde plc (Ireland)
  • Air Products (U.S.)
  • Cabot Microelectronics (U.S.)
  • BASF AG (Germany)
  • Showa Denko Materials Co., Ltd. (Japan)
  • Air Liquide (France)
  • Solvay A.G. (Belgium)
  • Shin-Etsu (Japan)
  • Covestro (France)
  • Songwon (South Korea)
  • Wafer World, Inc. (U.S.)
  • Sumco (Japan)
  • Global Wafers (U.S.)
  • Siltronic AG (Germany)

Most Important Features in this Report:

1. Detailed market study of the US Electronic Chemicals and Materials market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Electronic Chemicals and Materials Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the US Electronic Chemicals and Materials Market:

The US Electronic Chemicals and Materials research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Electronic Chemicals and Materials Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Electronic Chemicals and Materials Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Electronic Chemicals and Materials Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Electronic Chemicals and Materials Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Monday, October 17, 2022

Carbon Prepreg Market to See High Demand in Upcoming Year by 2029 | Introduction of Novel Solutions for the Auto & Aerospace Industries to Stoke Growth

 The global carbon prepreg market size is projected to expand at a notable pace owing to the unparalleled benefits of pre-impregnated carbon fibers, shares Fortune Business Insights™Prepreg is term that refers to reinforcing fabrics that are pre-infused with a resin, usually epoxy. As a result, during the molding process, additional resins are not required and the lamination can occur using a combination of heat and pressure.

The pre-impregnation also bestows carbon prepregs and other such composite materials with numerous advantages. For example, most prepregs contain 35% resin, which is ideal for maximum cured properties. In comparison, hand-molded laminates end up with excess amounts of resin that increases the brittleness of the fabric and dilutes its overall properties. Further, prepregs ensure uniformity by spreading evenly across the material, preventing the creation of resin-rich or overly dry areas. Some companies have also developed resins that are not bound by temperature conditions. For instance, US-based Fiber Glast has formulated prepregs that can be handled at room temperature, thus eliminating the need to rush the work before the epoxy hardens its shape. Thus, several structural, mechanical, and design benefits of pre-impregnated fibers is boosting their adoption in the chemicals and materials manufacturing domain.

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Salient Features of the Report:

  • Tangible analysis of the market drivers, trends, and constraints;
  • Exhaustive assessment of the regional opportunities and investment pockets for the market;
  • Careful profiling and study of key market players and their strategies; and
  • Granular evaluation of all possible market segments.

Driving Factor

Introduction of Novel Solutions for the Auto & Aerospace Industries to Stoke Growth

With the demand for innovative, lightweight materials growing in the automotive and aerospace industries, companies in this space are actively developing and introducing game-changing products. For example, in February 2019, Hexcel announced that its carbon prepreg patch technology was one of the finalists at the JEC Innovation Awards 2019 in the automotive category. Called HexPly, the composite product comprises unidirectional carbon fiber and an epoxy matrix that improves the performance of aluminum sub-frames in vehicles, reducing noise, vibration, and harshness. Moreover, Hexcel’s advanced prepreg solution was also adopted by the German ultralight aircraft manufacturer, Flight Design, in April 2020. The company selected HexPly M79 low-temperature curing prepreg for aircraft production, overhauling its manufacturing process. The slew of advantages offered by carbon prepregs is the main reason for their employment in heavy manufacturing industries. In particular, their ability to lower the weight of vehicles, thereby boosting fuel and energy efficiency, is the marquee feature that is heightening their popularity in various industries.

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Regional Insights

Advancements in Lightweight Auto Materials to Support Market Growth in Europe

Europe is home to some of the largest vehicle manufacturers in the world, such as Volkswagen and Fiat Chrysler. These auto giants have been investing in the development of advanced, lightweight materials to make their vehicles more energy- and fuel-efficient. Carbon prepregs have emerged as one of the top solutions to address these requirements and several automakers are actively adopting this material to enhance their offerings. Furthermore, pre-impregnated carbon fibers are also high in demand in the wind energy industry, where these materials are being increasingly deployed to build wind farms, especially in Germany. As a result, Europe is expected to dominate the carbon prepreg market share in the forthcoming years. Meanwhile, the market in North America is anticipated to progress on the back of the increasing investments in novel materials by the region’s aerospace & defense industry.

Competitive Landscape

Key Players to Maximize Profitability through Path-breaking Innovations

Leading entities in this market are concentrating on creating inventive solutions with multi-industry applicability to widen their business horizons and maximize profitability. Their inventiveness is also directed towards critical industries that are determinedly transitioning towards clean energy sources and building sustainable products, thus aiding carbon prepreg market growth.

Industry Development:

  • February 2020: Solvay Composite Materials announced the launch of CYCOM EP2750, its new epoxy prepreg specifically formulated for the compression molding of high-quality, high-rate, cost-effective aero-structures. The idea behind this material is to facilitate the manufacturing of composite aero parts that can compete with machined aluminum.

List of Key Players Profiled in the Carbon Prepreg Market Report:

  • Axiom Materials
  • Royal TenCate N.V.
  • Mitsubishi Rayon Co. Ltd
  • SGL Group
  • Solvay
  • Toray Industries

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