Market Research Blog

Waterborne automobile coating products are the future of automotive coatings. All automotive paint manufacturers are working on this technology and have already realized the necessity and importance of waterborne products into both the OEM and refinished automotive coatings markets. The transition from solvent-based coatings, such as urethanes, to waterborne is quickly taking place in the automotive industry. Waterborne coatings use water as a solvent to dissolve a resin, thus making these automotive coatings eco-friendly and easy to apply. In most of the cases, water borne automotive coatings contain more than 75% of water with small quantities of other solvents such as ethers. Waterborne automotive coating are known to be environment friendly and also possess good resistance to heat and abrasion. To use a waterborne coating, a spray equipment designed for waterborne coating is usually preferred.

Report Attribute	Details
Estimated Base Year Value (2021)	US$ 77 Billion
Expected Market Value (2022)	US$ 79 Billion
Anticipated Forecast Value (2032)	US$ 141.5 Billion
Projected Growth Rate (2022-2032)	6% CAGR

Global Waterborne Automotive Coatings Market:Drivers & Restraints:

Increasing demand for waterborne coatings owing to its ability to protect automobiles against UV radiation, acid rain and bad weather is expected to drive the global waterborne automotive coating market. Moreover, growing automotive production in Asia-Pacific coupled with rising middleclass income is anticipated to fuel market growth over the forecast period. Surging waterborne coatings demand on account of increasing accidents and aging of vehicles is expected to augment the market demand over the forecast period. Rising consumption of waterborne automotive coatings on account of their excellent chemical and physical properties such as low temperature processing, high chemical resistance and solvent free preparations is anticipated to drive automotive coatings demand. Waterborne automotive coatings are replacing solvent borne coatings owing to their cost advantage and other chemical properties. Moreover new investments by companies along with increasing number of production facilities is expected to further stimulate the global automotive waterborne automotive coatings market.

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Global Waterborne Automotive Coatings Market: Region-wise Outlook

In terms of geography, the global automotive exhaust systems market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. Asia-Pacific is dominant region and is expected to witness swift market growth at a steady CAGR due to increasing vehicle production particularly in India, China and Japan. Moreover increasing government expenditure on road maintenance is expected to further accelerate the growth for waterborne automotive coating market in Asia-Pacific region. North America and Western Europe are other attractive markets owing to its strict government regulation and environment safety norms.

Global Waterborne Automotive Coatings Market: Key Players

Transition to waterborne automotive coatings from solvent based coating has prompted automotive coating manufacturers to increase investment and production of new waterborne coated products. Global waterborne automotive coating market is dominated by key players which include BASF SE, Akzo Nobel NV, Du Pont Performance Coating, Kansai Paint, Arkema SA, Bayer AG and PPG Industries.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, product type, binders and end use.

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The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Waterborne Automotive Coatings Market: Segmentation:

On the basis of product type, the global waterborne automotive coatings market is segmented into

• Water-soluble paints
• Water-dispersible paints or colloidal coatings
• Emulsion/ latex paints
• Water based alkyds

On the basis of binders, the global waterborne automotive coatings market is segmented into

• Polyvinyl ethers
• Polyacrylate
• Polyurethane resins
• Epoxy resins
• Alkyd resins
• Others

On the basis of end use, the global waterborne automotive coatings market is segmented into

• Passenger vehicle OEM
• Commercial vehicle OEM
• Commercial refinish

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global shape memory alloy market is slated to grow at a tremendous rate over the forecast period, 2020-2030. Shape memory alloys (SMA) are commonplace in several end-use industries including, consumer electronics, biomedical, and aerospace & defense, given their umpteen benefits of shape memory effect, pseudo elasticity, and high damping properties.

While market players continue to capitalize on the biomedical industry, they are uncovering new revenue streams in the automotive industry.

Shape Memory Alloy – Eminent Component in Various Industries

The biomedical sector is slated to be the key revenue generator in the shape memory alloy market, attributable to exceptional computer tomography compatibility and biocompatibility SMAs. Such benefits of shape memory alloys are broadening their adoption in minimal invasive techniques, fracture treatments, treatment of cerebral aneurysms, and orthodontic treatment.

Moving ahead, shape memory alloys are majorly used for wing morphing in planes in the aerospace industry. Greater emphasis on reliability and multi-functionality in the end-use industry is propelling the demand for active materials. Temperature sensitivity of SMAs make them ideal for aerospace use cases.

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Distinctive thermo-mechanical feature of shape memory alloys are enabling their application in civil constructions. These alloys are used for retrofitting of existent deficient bridges. Coupled with sensors, SMAs are used to construct reinforced concrete bridges.

Consumers’ demand for better performance, safety, and safety in automobiles is paving for development of advanced sensors, actuators, and microcontrollers in the automotive sector. Rising preference for shape memory effect over conventional actuators – hydraulic and pneumatic systems – from automotive industry is pushing the sales of shape memory alloys.

Shape Memory Alloy Market – Growth Restraints

While the shape memory alloy market has been making significant strides, high initial costs of these alloys are restricting their adoption. Complex motion control and thermo-mechanical properties of shape memory alloys are limiting their usage to large-scale companies. Further, poor fatigue and low operational speed are among the major challenges for market players.

Impact of COVID-19 Pandemic on Shape Memory Alloy Market

The COVID-19 pandemic is adversely impacting the shape memory alloys market. Demand from various end-use sectors has reduced, hence causing a downfall in sales of shape memory alloys. Reduced traveling amidst pandemic-induced restrictions is leading to lesser maintenance requirement as well declining demand for spare parts.

This is indirectly impacting the sales of shape memory alloys, particularly in the aviation sector.

Construction activities have come to a standstill in several countries, worldwide, due to unavailability of labor and raw materials amid the pandemic. This, in turn, is dampening the demand for shape memory alloys in construction sector.

That said, governments have moved their focus from developing infrastructure to fulfilling basic human needs, which pull up the demand of shape memory alloys from the civil construction companies.

Moreover, the healthcare sector is emerging as a bright spot in the shape memory alloy market amid the pandemic. Case in point, staffs and students of IIT-Indore have developed optical thermal sensor using shape memory alloy. This device is fitted in patient’s fabric and temperature is further monitored without physical contact.

Regional Analysis of Shape Memory Alloy Market

North America continues to hold prominent share in shape memory alloy market.  The biomedical, automotive and aerospace sectors in the developed region account for major chunk of shape memory alloy demand. Further, the International Trade Administration (ITA) suggests that the US is the largest consumer of medical devices.

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Moving forward, Asia Pacific (APAC) is anticipated to offer white spaces of growth to shape memory alloy manufacturers in the coming years. Growth in automotive sector and abundance of raw materials are pushing the demand for shape memory alloys in the region.

While Japan alone produced 8.5 million passenger cars in 2019, China surpassed 21 million mark in car production in the same year. This surging production of vehicles in APAC is attracting huge attention of shape memory alloy manufacturers.

Shape Memory Alloy Market – Competitive Landscape

The key focus of market players is consistent innovation and new product development. For instance, SAES Group has employed around 17% of its manpower specifically for R&D activities.

In addition, players are entering into collaborations to uphold their hegemony in marketplace. NASA’s Glen research institute has partnered with Boeing to incorporate shape memory alloys in deployable vortex generators (VGs). Subsequent developments with shape memory alloys result in smart VGs, which move in case of changes in external environment.

• Memory-Metalle GmbH
• TiNi Alloy Co.
• Ultimate NiTi Technologies Inc.
• Fort Wayne Metals Inc.
• Metalwerks PMD Inc.
• Endosmart GmbH.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Foams are an important class of materials that find a variety of applications across a diverse set of industries. The low density, cellular structured materials namely foams are used either for cushioning, as insulating materials, for vibration damping or for packaging applications. The aerospace industry necessitates materials that fulfil the intended function, are lighter in weight at the same time exhibit exceptional strength and resilience. The foams that cater to the demands of aerospace industry are collectively termed as aerospace foams. The most commonly used foams for aerospace applications include polyurethane foam, polyethylene foam, metal foams, and ceramic foams.

Report Attribute	Details
Estimated Base Year Value (2021)	US$ 3,286.02 Million
Anticipated Market Value (2032)	US$ 3,517.64 Million
Projected Forecast Value (2032)	US$ 7,385.63 Million
Growth Rate (2022-2032)	7.7% CAGR

Aerospace Foams Market: Drivers & Restraints

Economic growth, especially in the developing regions of the world, coupled with rapid urbanisation is a major factor that is expected to propel the global aircrafts market. This in turn is expected to drive the growth of global aerospace foams market. Moreover, the increasing investments on the part of governments in aircrafts for defence sector is another factor that is expected to drive the growth of global aerospace foams market during the forecast period. The emergence of low cost airlines have led to an increase in passenger traffic, this has resulted in a steady growth of global aircrafts market. This is expected to in turn fuel the growth in demand for aerospace foams during the forecast period.

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Aerospace Foams Market: Region-wise Outlook

On the basis of geographic regions of the globe, global aerospace foams market is segmented into seven major segments. These key market segments are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. The Asia Pacific segment of global aerospace foams market is expected to register fastest growth amongst all region based segments. North America is expected to dominate the global aerospace foams market as regards the share in overall global aerospace foams market.

Aerospace Foams Market: Key Players

Some of the identified major companies that cater to the demands of global aerospace foams market are as follows:

• Evonik Industries
• BASF SE
• Zotefoams Plc
• Rogers Corporation
• General Plastics Manufacturing Company

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, material type and application areas.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Request for Table of Contents @ https://www.futuremarketinsights.com/toc/rep-gb-618

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Aerospace Foams Market: Segmentation

Depending on the type of foam used for the intended application, the global aerospace foams market can be segmented in to

• Polyurethane foam
• Polyethylene foam
• Ceramic foam
• Metal foam
• Others

On the basis of the area of application, global aerospace foams market can be segmented into following major segments:

• Commercial Aircrafts
• Defense Aircrafts

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Functional printing is a process of bringing functionality into 2D and 3D silicon based components. It is printing of different electronic components using substrates and ink. The some of the most commonly used printing techniques are screen, flexography and inkjet which are being employed to print on various substrates like glass, paper, paper etc. using dielectric inks, conductive copper and silver inks and grapheme inks. The increasing demand for low cost volume production of electronic components and rising concern towards environmental sustainability issues has boosted the growth of Global Functional printing market.

Report Attribute	Details
Estimated Base Year Value (2021)	US$ 17.8 Billion
Expected Market Value (2022)	US$ 21.3 Billion
Anticipated Forecast Value (2032)	US$ 124.0 Billion
Projected Growth Rate (2022-2032)	19.26% CAGR

Functional Printing is used for mass production of electronic devices such as light crystal display (LCD), Radio-frequency identification (RFID) chips, sensors, photovoltaic and organic light emitting diode (OLED).The use of functional printing for production of electronics is not only cost effective and environmentally safe but also provide scope for creating graphical visual effects like electrochromic effect, electroluminescent effect and electroluminescent effects. Functional printing offers increased durability, efficiency and reliability to the electronic components as compared to conventional process of production. On other hand existing functional printing technologies are still immature in terms of its application in development and production of electronic objects. It act as a both opportunity as well as challenge for market players to develop functional printing specifically designed for printed electronics.

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The North America is the biggest functional printing market as most of the functional printing equipment & material manufacturers are from this region. There is need for technical developments and interdisciplinary efforts to fuel more innovative business opportunities along with core functional printing business to support rapid growth in functional printing market.

The basic factors that drive the growth of global functional printing market is increasing demand of low cost, reliable and robust electronic devices such as RFID antennas and sensors all over the world. The development of new types of substrate materials and inks has further boosted the global functional printing market. The functional printing market is also driven by benefits that it offers such as less material wastage and low power consumption, which ultimately an effort to reduce negative environment impact by electronics industry. On other side, functional printing is not specifically designed for production of electronic components, which is a factor that surpasses the growth of functional printing market.

Global Functional Printing Market: Key Players

Some of the top players in global Functional Printing market include – Avery Dennison Corporation (U.S.), Blue Spark Technologies (U.S.), Blue Spark Technologies (U.S.), BASF SE (Germany), Mark Andy, Inc. (U.S.), Xennia Technology (U.K.), Novaled AG (Germany), Xaar PLC (U.K.), Palo Alto Research Center Incorporated (PARC) (U.S.) and E Ink Holdings, Inc (Taiwan).

The report covers exhaustive analysis on:

• Functional Printing Market Segments
• Functional Printing Market Dynamics
• Historical Actual Market Size, 2012 – 2014
• Functional Printing Market Size & Forecast 2015 to 2025
• Supply & Demand Value Chain
• Functional Printing Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Functional Printing Market Drivers and Restraints

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Functional Printing Market

On the basis of materials, Global Functional Printing market is segmented into

• substrate
• ink
• glass
• polyethylene naphthalene (PEN)
• plastic
• gallium nitride (GAN)
• paper
• polyethylene terephthalate (PET)
• silicon carbide
• dielectric inks
• conductive copper
• silver inks
• grapheme inks.

?On the basis of technology, Global Functional Printing market is segmented into

• screen printing
• flexography printing
• gravure printing
• micro-contact printing
• offset printing
• inkjet printing.

On the basis of coating, Global Functional Printing market is categorized into

• Conformal coating
• conductive coating

On the basis of Application, Global Functional Printing market is categorized into

• light crystal display (LCD)
• Radio-frequency identification (RFID) chips
• sensors
• photovoltaic
• organic light emitting diode (OLED)
• lighting
• batteries
• displays.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

The use of cyclomethicone in the textile industry has caused a market revolution because it plays an important role in the manufacturing process to create functional fabrics, high performance, and intelligent textiles that can meet the needs of the customer.

Cyclomethicone is becoming more popular in the rubber industry due to its heat resistance, chemical stability, electrical insulation, abrasion resistance, and weatherability, which is expected to drive the Cyclomethicone market.

Cyclomethicones are commonly used as base solvents to blend fragrance oils, perfumes and other cosmetic formulations. They evaporate quickly and they are miscible with a variety of cosmetics oils, waxes, hydrocarbons and silicone oils. They evaporate quickly and they are miscible with a variety of cosmetics oils, waxes, hydrocarbons and silicone oils. This property of cyclomethicones makes them a key ingredient in cosmetics as base solvents.

Which are Some Prominent Drivers Spearheading Cyclomethicone Market Growth?

The expanding cosmetics market is a key driver for the Cyclomethicone market. Cyclomethicone is the base solvent in many new-age cosmetics such as hair conditioners, shampoos, leave-in conditioners, eye make-up products, and body lotions. Cyclomethicone, when used in skincare products, leaves the skin feeling smooth and lubricated rather than sticky or oily.

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Another driving force in this market is the expanding pharmaceutical industry. This market is being driven by increased health consciousness and an aging population. Cyclomethicone is used in the formulation of ointments and gels. Cyclomethicone is a key base solvent in medicated toothpaste, ointments, and pain-relieving gels; it aids in the cream’s easy spreadability.

Cyclomethicone does not deplete the ozone layer and is thus used as a substitute for non-VOC (volatile organic compound) compliant petroleum-based solvents as both a carrying agent and a cleaning solvent. The rising demand for non-VOC solvents is expected to create new opportunities for market growth in the near future.

What are the Challenges Faced by the Cyclomethicone Industry?

Excessive Cyclomethicone exposure causes skin irritation in humans. Its use may cause skin irritation in people with extremely sensitive skin. A milder emulsifier should be used in such cases.

Flight cancellations travel bans, and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about the future are all consequences of the COVID-19 outbreak.

Why is Asia-Pacific Emerging as an Opportunistic Cyclomethicone Market?

Due to the rapidly growing demand and consumption of cosmetic products and other products containing Cyclomethicone in the region, particularly in major economies such as India and China, Asia-Pacific is expected to be the fastest-growing regional segment during the study period.

China is the largest producer of Cyclomethicone in terms of region. It also consumes the most Cyclomethicone, followed by the United States, Western Europe, and Japan. These countries are the leading producers of cosmetics. China and the Indian subcontinent manufacture a wide range of generic drugs, which is another important application for Cyclomethicone.

How is Europe Contributing to the Growth of the Cyclomethicone Market?

According to Future Market Insights, Europe is the third-largest Cyclomethicone market region, with Germany expected to drive the majority of regional growth. Extensive applications in the pharmaceutical industry are keeping Cyclomethicone sales afloat in Germany.

Countries such as Poland, Belgium, the United Kingdom have a high demand for Cyclomethicone due to an increase in construction activity. Furthermore, the chemical industry in these countries is experiencing a significant uptick, which will create favorable conditions for market growth.

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Market Competition

Dow Corning, Wacker Chemie, Wuhan Jiehong International Trading Co., Ltd., Cray Valley India Private Limited, Baoying Chemical Adjuvant Factory Of Jiangsu Province, Hong Ye Jie Technology Co. Limited and Guangzhou Yinghui Trading Co. Limited among others.

The market is highly competitive as a result of a large number of participants. While global players control a sizable portion of the market, several regional players are also active in key growth regions, particularly the Asia Pacific.

Momentive Performance Materials, Inc. announced the acquisition of KCC Corporation’s Silicones business in January 2021 in order to strengthen global capabilities, which is expected to increase the Cyclomethicone market.

Key Segments Profiled in the Cyclomethicone Industry Survey

Type:

• Industry Grade Cyclomethicone
• Drug Grade Cyclomethicone

Application:

• Cyclomethicone for Cosmetics and Personal Care
• Cyclomethicone for Textiles
• Cyclomethicone for Pharmaceutical Applications
• Cyclomethicone for Rubber and Plastic
• Cyclomethicone for Paints and Inks
• Cyclomethicone for Other Applications

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APPEAL
• Japan
• Middle East & Africa

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Advanced functional materials offer a huge scope for study, as its horizon encompasses a wide range of products and applications across industries. Functional materials are generally considered to be materials which posses some native functional properties, and not materials with just load bearing capabilities.

The advanced functional materials can be segmented by product types into: advanced functional ceramics, advanced functional composites, nano materials, advanced energy materials, and conductive polymers among others. These functional materials find applications in a host of end user applications.

Advanced functional ceramics are used as components in electronic and electrical devices. Functional ceramics also finds extensive bio-medical applications. Apart from its use in manufacturing of medical devices, it is also used as femoral heads and acetabular cups in the hip replacement procedure. Functional ceramic is also used for dental implants and as scaffolds and bone fillers for tissue engineering.

Advanced ceramic materials play a key role in the development of many fields such as energy and environmental technology, transportation and production technology. Nano materials also have interdisciplinary functions and are used in various applications in different chemicals, materials, electronic products, healthcare, pharmaceuticals, and aerospace industry.

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A lot of research has been undertaken to explore other possible applications of nano materials, and the segment is assured of growth in the future.

Functional composites harness the desirable properties of several materials and combine them to produce a new functional material. Functional composites are extensively used in electronics, building and construction, automotive, marine and aerospace applications.

It is also used to manufacture pipes, tanks and other consumer goods. Advanced energy materials refer to the materials which functionally store energy. These materials are used in applications such as batteries, flywheels, solar cells, super capacitors, and high energy density capacitors among others.

This segment has witnessed strong demand due to the advent of portable electronic devices and renewable energy systems. The segment is also expected to grow faster than the industry growth rate with the growth in demand for advanced technologies across the world.

Conductive polymers are organic polymers with the capability to conduct electricity. It is preferred to the metallic conductors, mainly due to their processability through dispersion.

The largest market for advanced functional materials is Asia Pacific region. The demand for the different kinds of functional materials in this region is high due to the presence of manufacturing economies in this region.

Automotive, aerospace, and electronics account for the bulk of the demand. China, India, Japan and South Korea are the main markets in this region. The demand from Asia Pacific was followed by that from North America and Europe. The Asia Pacific market is expected to witness the highest growth.

Advanced functional composites are the largest market by product type. The market can be further sub segmented into metal matrix composites and fiber reinforced plastics by types.

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The advanced functional composites can be classified by strengthening mechanism into particle reinforced composite, fiber reinforced composite and dispersion strengthened. The fastest growing segment in advanced functional materials is nano particles, and it is expected to out-perform other functional materials in the foreseeable future.

There are a lot of companies participating in the lucrative market. Some of the big players in advanced functional materials market are 3M Company, Applied Materials, Inc., CNANO Technologies Ltd., Bayer AG, Applied Nanotech Holdings, Inc and Samsung Electro-Mechanics Co., Ltd. among many others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain

Regional analysis includes

• North America
• Latin America
• Asia Pacific
• Japan
• Western Europe
• Eastern  Europe
• Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs

Expandable polystyrene (EPS) is a thermoplastic resin that contains an expanding agent. It is used in various applications ranging from food packaging to electrical coatings and medical supplies. It is environment-friendly as it does not involve any halogen during its production process.

The global expandable polystyrene market is growing at an exponential rate as it caters to the demand of various industry verticals through sustainable development. Expandable polystyrene has an added advantage over moulded pulp. Moulded pulp, though recyclable, requires a certain amount of natural gas in the drying process, and it naturally weighs more, resulting into increased packaging and transportation cost.

On the other hand, EPS meets most of the sustainable packaging criteria. It emits less greenhouse gases when compared to moulded pulp.

Taking these benefits into account, governments as well as companies are shifting the packaging market towards the expandable polystyrene segment. The global expandable polystyrene market had witnessed 1.5X times growth in between 2000 and 2010.

Building & construction, and packaging are the two important end-use segment market for expandable polystyrene. Together, they contribute 95% market share of the global expandable polystyrene market. The rise in the demand for processed foods is increasing the expandable polystyrene demands in the food & beverages industry.

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In terms of revenue, this industry accounts for the largest market share in the global expandable polystyrene market. The next potential segment is building & construction. With major market economies such as China, India and GCC witnessing a major surge in infrastructure investment, the expandable polystyrene market is set to grow at an accelerated pace.

Expandable polystyrene has been the prime choice for the construction of green buildings. It enhances the durability of buildings, and finds its application in insulating closed cavity walls and floor insulation. These major economies will see a surge in infrastructure investment in the coming decades. It is because of this added advantage that market is set to proliferate at an exponential rate. Another profitable segment is the electronics domain.

Capacitors and electronic components are the main portions of electronics application segment that will push the expandable polystyrene market vertically upward at a CAGR of 4.5% between 2014 and 2020. Refrigerators, microwaves, electrical coatings are the major application for EPS in the electronics segment.

Geographically, the APAC market stands to be the global leader in production and consumption in the EPS market. Almost half of the total global production happens in the APAC region, and 45% of it is consumed in global emerging economies such as India and China. In the APAC region, China will be the most preferred destination primarily due to the rising demand of packaging in the food & beverages, and electronics industry.

China and India are the global leaders in maritime trade. This will boost the packaging industry. China alone accounts for 37% of the global EPS market in terms of volume. As China has a strong hold in the electronics segment and is a major exporter of electronic devices, the EPS market is set to flourish in China.

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India, along with Malaysia and Philippines, will be the next major market for EPS primarily due to heavy infrastructure investment across various industry verticals. Europe followed by Latin America and North America are the other potential markets for EPS.

North America has reached its saturation point in global EPS market and therefore its market growth will be stagnant in coming few years. While Europe will witness a surge in the market due to the rising demand of pharmaceutical industries, Latin America will be a preferred destination mainly due to infrastructure investment.

BASF SE, Nova Chemicals Corporation, Synthos S.A, Owens Corning, and INEOS Styrenics are some of the leading manufacturers of EPS.

The global EPS market is set to grow at a moderate CAGR in the coming years. China, Europe, Brazil and India will be the major preferred destinations for the EPS market. Low weight, durability, moisture resistance, thermal efficiency, shock absorption, versatility and ease of use are some characteristics of EPS which are tempting various industry verticals to shift base to EPS.

Though the EPS market is promising, major restraining factors are the availability of high performance substitutes including polypropylene and polyethylene.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America
• Latin America
• Asia Pacific
• Japan
• Western Europe
• Eastern  Europe
• Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Suite 401, Newark, Delaware – 19713, USA
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Antioxidants are the material which are used and added as an additives in many hydrocarbons or organic material which are vulnerable to oxidation such as plastics, rubbers, foods, oil to name a few.  Thioesters slows down the rate of oxidation and improves the operating life of the above said organic material. On commercial level thioesters is produced and formulated by the esterification of carboxylic acid and thiol. Thioesters falls under the category of antioxidants and getting adopted in numerous number of industries. Due to oxidation these material lost their properties and leads to degradation, discoloration, rancidity sudden variations in melting viscosity, and declining of mechanical properties.

In the market place different class of antioxidants such as amines, phosphites, amines to name a few are available but thioesters is gaining adoption because of its high solubility and higher degree of antioxidant properties especially in the protection of rubber, synthetic fiber, plastics and petroleum products. Plastics and rubbers now a days is turning over a chief ingredient for the product making that find acceptance in many number of industries. With increased adoption of these organic material the demand for thioesters increases significantly across the globe

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The adoption of plastic & rubber is gaining attraction in several number of industries such as aerospace, automotive, electronics, consumer foods, coils , oil & gas, petrochemicals to name a few owing to its exceptional mechanical and chemical properties. With the upsurge in the acceptance of plastic and rubbers the demand for thioesters rose significantly. The demand is anticipated to endure at same level in next few years as the innovative and new technologies are gaining hold for the preparation of plastic& rubber based products. Producers are escalating their R&D infrastructure in direction to synthesize a new product in their thioester antioxidant portfolio with increased efficacy without affecting its price. Also, major producers are concentrating on increasing their production capacities as a part of their business strategy which advance the supply of thioesters in the global marketplace.

Expansion of oil & gas, automotive and aerospace industry fuels the demand for thioesters. However, chemicals use in the processing of thioesters are harmful in nature and further creates ill effects to the human when exposed. Moreover adoption of natural antioxidants because of its environment friendly nature is gaining attraction which dents the thioesters growth for long term.

Thioesters Market by Category

By Material Type, the Thioesters market is segmented as:

• DLTDP (Dilauryl Thiodipropionate)
• DTTDP (Ditridecyl Thiopropionate)
• DSTDP (Distearyl Thiodipropionate)

By Application, the Thioesters market is segmented as:

• Rubber Processing
• Plastic Processing
• Fuel and Lubricants
• Food & Feed
• Others

By Region, the Thioesters market is segmented as:

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

Thioesters producers have been witnessing a significant swing of their consumer base to APAC, particularly to China & India. In the meantime, from China the market competition grows rapidly. In order to serve the increasing customer base, major thioesters producers have been associating with local players to increase their local production units. Also, witnessing the mounting demand for plastics, automotive, electrical & electronics, petrochemical and oil & gas industries which further creates the demand for thioesters in the APAC region.

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The US and European players are also focusing on shifting their manufacturing base to APAC and then concentrating to export activities to counter their demand. The growing construction, automobile and food processing industry drives the demand for thioesters in the regions. Latin America is creating substantial opportunities for thioesters suppliers as the economies in the region is showing the signs of resurgence. MEA region is turning over one of the prominent region for the consumption of thioesters as the region is having a presence of emerging economies and growing industrial infrastructure.

Examples of some of the market participants in the Global Thioesters Market identified across the value chain include: The Cary Company,Bioray Chemical Co., Ltd.,Struktol Company,Akron Dispersions Inc.,Chemtura Corporation,Mayzo, Inc,Tianjin Zhongxin Chemtech Co., Ltd,Double Bond Chemical IND., CO., LTD.

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

2.3. Parent Market Overview

3. Market Background

3.1. Macroeconomic Factors

3.2. Opportunity Analysis

3.3. Global Industry Value added

3.4. Value Chain Analysis

3.5. Global Market Regulations

3.6. Manufacturing Hubs

3.7. PESTLE Analysis

3.8. Market Dynamics

4. Global Thioesters Market Analysis 2013–2017 and Opportunity Assessment 2018–2028

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Future Market Insights’ newly published market report, “Vinyl Flooring Market: Global Industry Analysis and Forecast, 2022-2028,” examines the vinyl flooring market and offers crucial market insights for the next ten years. Valuable insights encapsulated within the record highlights that the plank phase is predicted to remain a main segment inside the market in phrases of layout, recording a CAGR of 7.1% throughout the forecast duration (2022 – 2028).

Similarly, the segment is expected to account for around 40.0% percentage of the general marketplace price for the duration of forecast period. Globally, the vinyl flooring marketplace is projected to attain US$ 41,578.7 Mn by means of the give up of 2028.

International Vinyl flooring market: Key Dynamics

Growing wide variety of infrastructural activities in each developing and developed nations have persisted to make contributions closer to increase of the global vinyl flooring marketplace. To provide flexible, water-evidence and stain-resistant floorings, distinguished producers are that specialize in using digital printing and 3-d printing techniques for developing vinyl planks and products.

These technological improvements allow the give up customers to duplicate any authentic fabric, such as gravel, wooden, metallic and others. As an instance, Tarkett in collaboration with Philip lighting has launched LED embedded tiles that can guide humans to any vicinity (shop/building)

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With the growing number of small and medium business, call for for infrastructure continues to persist. Similarly, constructors are that specialize in constructing healthcare infrastructures close to the residential regions.

In tempo with the increasing variety of creation projects, boom of the vinyl flooring marketplace is likely to advantage a rapid momentum throughout the evaluation period.

To offer comfort to the end users in the residential industry, leading producers are that specialize in growing a big range of vinyl flooring which can be water-proof and easy to clean.

Additionally, vinyl flooring is taken into consideration as ornamental flooring due to the current enhancements, which include resemblance to ceramic or other contemporary seems (petrified wood or stained concrete). Additionally, vinyl floors is desired for high-site visitors areas as it’s miles durable, state-of-the-art and to be had with built-in adhesive

Global Vinyl Flooring Market: Competitive Landscape

Some of the players identified in the global vinyl flooring market include Tarkett, AFI Licensing LLC, Mohawk Industries, Inc., Forbo Group, C.I. TAKIRON Corporation, Responsive Industries Ltd., TOLI Corporation, JAMES HALSTEAD PLC, Interface, Inc., Mannington Mills, Inc., Gerflor, Shaw Industries Group, Inc. and among others. Leading players are focusing on incorporating advanced technology to optimize their performance.

Vinyl flooring manufacturers are concentrating on strategic acquisitions to broaden their growth prospects in the competitive market. These factors are expected to reflect positively on the growth of the global vinyl flooring market over the coming years.

Global Vinyl Flooring Market: Forecast

On the basis of vinyl flooring application, the commercial segment is expected to witness significant growth in terms of volume during the forecast period.

As per the forecast, the commercial segment is estimated to account for more than 56.5% share in the overall market value by the end of the forecast period. This is largely due to the massive applications of vinyl flooring in various innovative constructions.

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On the basis of region, Western Europe is anticipated to dominate the global vinyl flooring market throughout the forecast period. Western Europe market is expected to expand at around 7.3% CAGR. SEA & Pacific region is anticipated to record robust CAGR in the global vinyl flooring market throughout 2028.

These two regions coupled with North America and China are expected to register impressive growth rates in the global vinyl flooring market over the assessment period.

Vinyl Flooring Market by Category

Ferrovanadium is an alloy used to strengthen steel. It is a combination of iron and vanadium in which vanadium content varies from 35%-80%. It is used as an additive to enhance the quality of ferroalloys. When added to steel, the products are light in weight with extremely high tensile strength. According to a new market report published by Future Market Insights, the global Ferrovanadium market is estimated to a reach value of US$ 3,547.6 Mn by 2022 end and is expected to expand at a CAGR of 5.0% from 2022 to 2028 and reach a market value of US$ 5,776.5 Mn by 2028.

The market for ferrovanadium is primarily driven by increasing demand for high strength steel and high strength low alloy steel from the construction and automotive and transportation industries. The growth of these industries will be the key contributor responsible for the growth of the market of ferrovanadium during the forecast period. As these industries are most prominent industries consuming majority of the steel consumption across the globe.

In terms of market value, China is expected to dominate the global ferrovanadium market during the forecast period. The Chinese ferrovanadium market is anticipated to witness additional demand for ferrovanadium in the coming years, mainly due the revised standards by the Chinese government for increasing the tensile strength of rebar products. The new rebar have high earthquake resistance, which will create higher demand for ferrovanadium for the manufacturing of steel as increasing the quantity of ferrovanadium in the production mix results in improved tensile strength.

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Western Europe is expected to be the second largest market for ferrovanadium and accounted for a revenue share of around 17.2% in the global ferrovanadium market value in 2021. This regional market is slated to expand at a CAGR of around 4.3% between 2022 and 2028.

On the basis of grade, the FeV80 grade segment is projected to dominate the global ferrovanadium market throughout the forecast period. Due to increasing adoption of FeV80 in the production of light weight and high strength steel products, this segment is expected to be the fastest growing segment in terms of product type in the global ferrovanadium market during the forecast period. In terms of market value, the FeV80 segment is expected to expand at a CAGR of 5.1% between 2022 and 2028.

Names of some of the market participants involved in the production of Ferrovanadium are

• EVRAZ
• AMG Advanced Metallurgical Group
• Treibacher Industrie AG
• Hickman, Williams & Company
• Masterloy Products Company
• Jinzhou Guangda Ferroalloy Co. Ltd.
• Reade International Corp.,
• Bear Metallurgical Company
• TAIYO KOKO Co.,Ltd.
• Woojin Ind. Co. Ltd
• JAYESH GROUP
• NTPF Etalon Co., Ltd
• Pangang Group

The players in the global ferrovanadium market are mostly performing self-integrated operations.

Either they are vanadium manufacturers and are providing ferrovanadium or they are manufacturers of ferrovanadium as well as steel. This kind of self-integrated operations is creating raw material security and hence players are focussed on expansion of their market share using these capabilities.

Ferrovanadium Market – Competitive Landscape Over the past few years, a shift of manufacturers focus has shifted towards emerging countries due to increasing demand of ferrovanadium. Several key players are also focusing on expanding their production capacities, launching new products, investing in R&D and increasing the mergers & acquisition  activities.
For Instance,

• In May 2020, EVRAZ Vanadium has established a new R&D center located in group subsidiary East Metals AG, Zug, Switzerland. The main objective is to support sustainable and diversified usage of vanadium as an alloying element in current and future steel products.

The latest study conducted by Future Market Insights covers all the strategies and success factors of key manufacturers of the market.

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Ferrovanadium Market

By Grade

• FeV 40
• FeV 50
• Fev 60
• FeV 80
• Nitrided Ferro Vanadium

By Production Method

• Aluminothermic Reduction
• Silicon Reduction

By End Use

• Aerospace

• Automotive & Transport
• Construction
• Oil & gas
• Industrial Equipment
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• China
• India
• Japan
• SEA & Other APAC
• Middle East & Africa

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Ferro Vanadium Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.4. Vanadium Market Outlook

3.5. Market Dynamics

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Trends

3.6. Porter’s Five Forces Analysis

3.7. Value Chain Analysis

3.8. Opportunity Assessment Factors – Relevance & Impact

4. Global Ferro Vanadium Market Analysis 2013–2021 and Opportunity Assessment 2022–2028

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs