Joint Compound Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022-2031

Growing demand for residential construction across various developing economies due to rising urbanization is one of the leading driving factors of the joint compound market.

According to Future Market Insights (FMI), the global joint compound market is estimated to expand at a CAGR of more than 5.0% over the forecast period of 2021-2031.

Application in the home renovation segment is expected to rise at an impressive pace, which will favor the growth of the global market. Besides this, the growing demand for application of joint compound for the refurbishment of homes due to rise in consumer need for better and more eco-friendly homes is expected to drive market growth.

Asia Pacific and North America are leading the joint compound market. Being a consolidated market, manufacturers are focusing on increasing their sales and distribution networks across regions. They also are emphasizing on developing new products through increasing their investments in research and development initiatives.

“Countries such as the U.S., China, and India are expected to exhibit high demand for joint compound owing to increasing construction spending and rapid urbanization. Due to the onset of COVID-19, demand was impacted significantly in year 2020” says a Future Marketing Insights analyst.

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Key Takeaways from Market Study

  • The market for joint compound was estimated at US$ 1.15 Bn in 2021 and is anticipated to grow with a CAGR of 5% during the forecast period.
  • Demand for joint compound for application in residential construction is anticipated to increase at a CAGR of 5.2% in the next ten years.
  • Ready mix accounted for 56.9 % of the market share in 2021 and is the highly preferred product type in the market.
  • The market in the China and India is expected to expand at a CAGR of over 6% each, through 2031.
  • Demand for joint compound in the refurbishment segment topped US$ 464.0 Mn in 2020.

Competitive Landscape

The global Joint compound market has been identified as a significantly fragmented market, with a number of key players present in the overall market. Some leading players included in the report, such as USG Boral, DAP Products Inc., Solid Products, Inc., ProForm Finishing Products, LLC, LATICRETE International, Inc., Compagnie de Saint-Gobain S.A., Freeman Products, Inc., Georgia-Pacific Corporation, Kuiken Brothers, Supermastick S.A.S, Hamilton Drywall Products, ASG Plaster, India Gypsum Pvt. Ltd and others are anticipated to create tough a competitive environment at the global level.

Joint compound Market by Category

By Product Type:

  • Ready Mix
  • Setting Type
  • Drying Type

By End Use:

  • Residential Construction
  • Commercial Construction
  • Institutional Construction
  • Industrial Construction

By Application:

  • New Construction
  • Refurbishments

By Region:

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

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Want to Know More?

Future Market Insights has published a market research report on the global functional coil coatings market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Global Functional Coil Coatings market through six different segments- By Application, By Product Type, By Function Type, By Material type, By End-use, and By Region.

Table of Content

1. Executive Summary

1.1. US Market Outlook

1.2. Market Scenario Forecast

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Analysis and Recommendations

2. Overview of Market

2.1. Map of Products Tree

2.2. Market Definition by Product Type

2.3. Market Definition by End Use

2.4. Market Definition by Application

3. Key Market Trends

4. Key Success Factors

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.

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Silicone Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2030

Silicone is an eminent component in various industries, given its umpteen benefits such as high durability, foam control, UV stability, radiation resistance and adhesion. Non-toxicity of silicone drives its application in the food sector where optimum quality is imperative.

Over the last few years, silicone have been a key component in the automobile industry for reducing overall weight of vehicles which further enhances fuel-efficiency.  Further, the excellent properties of silicone allows market players to develop customized solutions as per end users’ requirement.

Global Silicone Market – Growth Drivers

The electronics industry will remain the primary consumer of silicone material, where it is mainly used as a semiconductor.

Owing to high conductivity, silicone materials are used to maximize the performance of several devices such as transistors, printed circuit boards (PCB), and integrated circuits (IC). Recent study reveals that the electronics industry is anticipated to grow at 4% CAGR.

With a smooth texture, silicone finds application in the cosmetics industry. Silicone-based cosmetic products are used for hair and skin conditioning. The material works as an emulsifier, which helps in combining other ingredients in cosmetic products.

Going forward, emollient qualities of silicone makes its ideal in production of moisturizers. The global cosmetic industry is estimated to reach US$ 648 Mn, growing at 6% CAGR. Furthermore, silicone sealants are becoming commonplace in construction industry as they offer better characteristics compared to conventional polyurethane (PU) polysulfide, and acrylic sealants.

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Global Silicone Market – Growth Restraints

Fluctuating prices of raw materials are majorly hampering the silicone market growth. Government agencies such as the UK Competent Authorities and the European Chemicals Agency (ECHA) has impose reduction on the usage of cyclosiloxanes D4 and D5, used in cosmetic and personal care industry.

Both the silicone products are expected to be limited to concentration of 0.1% by weight in cosmetic formulations.

In medical sector, silicone are considered medical-grade only if they meet the standards of USP Class V and VI. Furthermore, silicone manufacturers have to fulfil various regulations including, Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR) for production of silicone rubber used in healthcare sector. The entire process is time-intensive, thus, putting strain on market revenue pool.

Impact of COVID-19 on Global Silicone Market

The COVID-19 pandemic has created a steep downfall in world economy by halting manufacturing processes and disrupting supplies in global trade.

Silicone is commonplace material in several industries – cosmetics, automotive and construction –  as such, drastic reduction in demand from these end-use industries is severely hitting the profit margins of manufacturers.

Consequently, manufacturers are partially or completely halting their production units, further causing turmoil in the supply chain.

On the other hand, demand for silicone from health care sector have seen a significant uptake amid the COVID-19 pandemic. Medical gloves derived from silicone cause none to minimal allergic reactions.

Moreover, rising concerns regarding virus spread are fueling the usage of silicone gloves for common use, and this demand will continue for a long period.

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Global Silicone Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global silicone market both in terms of revenue share and CAGR. The market growth in the region is majorly driven by well-established electronics and automotive industry.

High adoption of renewable energy and fast uptake of electric vehicles (EV) are providing lucrative opportunities for silicone manufacturers. China, Japan, India, and Australia are attracting huge stakeholders’ attention, given presence of large manufacturing sector in these countries.

Emergence of automotive sector in Mexico is driving the silicone market in North America. Rising demand for minimally-invasive surgeries in tandem with well-developed healthcare infrastructure is further propelling the regional market.

Global Silicone Market – Competitive Landscape

The global silicone market is fairly consolidated comprising limited number of players. These market leaders are continuously focusing upon expansion activities and R&D projects to widen the application of silicone materials. For instance,

  • Wacker Chemie AG (Germany) and Shin-Etsu Chemical Co. Ltd. (Japan) are expanding their manufacturing units in APAC, owing to low cost production and cheap labors.
  • In June 2020, Shin-Etsu developed a new technology – Reduced-Platinum Reaction Curing System Technology – for reducing the usage of platinum in silicone release coatings.

Players in global silicone market includes

  • Shin-Etsu
  • Ashland
  • Momentive
  • Kemira
  • Dow Corning
  • Evonik
  • Wacker Chemie

Region

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Global Silicone Market – Segmentation

The global silicone market is segmented on the basis of following,

By End Users

  • Construction
  • Automotive
  • Industrial Application
  • Other

By Curing Method

  • Acetoxy
  • Oxime
  • Alkoxy
  • Others

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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Report: https://www.futuremarketinsights.com/reports/silicone-industry-market
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High Temperature Ceramics Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

The global high temperature ceramics market is driven by several factors like replacement of materials for the sake of creating cost effective solutions, the growing demand for energy conservation across various industries, and government regulations to reduce greenhouse emissions.

Ceramics are covalent compounds containing metal and non-metal atoms primarily held in covalent and ionic bonds. Generally, ceramics are made by taking mixtures of earth elements, powders, water and clay.

This mixture is shaped into the desired form and is then fired in a high temperature oven. Ceramics are then painted with glazes which are waterproof and decorative. At elevated temperature, ceramics have high hardness, high melting points, excellent chemical corrosion resistance and good mechanical properties.

Some ceramics are good dielectrics or insulators, whereas others are good electrical or thermal conductors. Ceramics are widely used in our daily life. Glass, plates, bricks, tiles and sanitary ware are some examples of the ceramics we see every day. Ceramics can also be found in products like automobiles (sparkplug), phone lines and watches.

They are even used in space shuttles and aircrafts. Ceramics can be broadly classified into two categories: traditional and advanced. Traditional ceramics include clay products such as cement and glass, whereas advanced ceramics consist of pure oxides, nitrides, carbides and many others.

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Advanced ceramics are widely used in industrial applications where the operating temperature is generally high or which require hard substances that can withstand great pressure. Ceramics offer various advantages compared to other materials.  Ceramics are more corrosion and heat resistant than polymers or metals, stiffer and harder than steel, and have a lower density than most alloys and metals.

Raw material for advance ceramics materials are plentiful, inexpensive and display wide range of properties.  For automotive applications, they are used in various applications like airbag sensors, spark plugs, valves, vibration sensors, pressure sensors, oxygen sensors, thermistors, catalytic converters, ceramic rotors, ceramic filters piston rings and safety glass windshields.

The different types of high temperature ceramics include ceramic matrix composites and ultrahigh temperature ceramic coatings. Advanced high temperature materials are key components in the emerging material technologies, which are giving impetus to many industries.

The global high temperature ceramics market is led by AsiaPacific (APAC) which accounts for over 40-45% of the total consumption by volume. The cost of high temperature ceramics in APAC is lesser than that in Europe, North America or Latin America. In terms of revenue, North America is the largest market followed by APAC and Europe.

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The cost of high temperature ceramics is expected to remain low for the next few years in the APAC region. Due to government regulations and incentives offered for sustainability and energy conservation, North America and Europe are expected to offer significant growth opportunities for the high temperature ceramics market.

On the basis of industry applications, the global high temperature ceramics market is segmented into automotive, aerospace, chemical processing, metallurgical, power generation and others. Some of the most common applications of high temperature ceramics are afterburners, boilers, castings, exhaust stacks, flanges, furnaces, headers, incinerators, manifolds, molds and dies, ovens, heat exchangers, pumps, blowers, pipingand ducting.

In the aerospace industry, high temperature ceramics are used in cutting edge applications, which require structural and chemical stability at extremely high operating temperatures. On the basis of composition, the high temperature ceramics are segmented into oxides (alumina, zirconia), non-oxides (carbides, nitrides) and composites (combination of oxides and non-oxides).

There are many global and regional players operating in the high temperature ceramics market especially in APAC. Some of the key participants are Morgan Thermal Ceramics, ZIRCAR Ceramics, Inc., Skamol A/S, Promat International, IBIDEN Company Ltd., Rath Incorporated, General Insulation Europe Ltd., Unifrax Corporation, and Shandong Luyang Share Co. Ltd.

In future, the understanding and controlling behavior of the microstructures and properties of high temperature ceramics are expected to be key elements in research activities. This research will further increase the operating temperature limits of existing high temperature ceramics.

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 usinga 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 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
Report: https://www.futuremarketinsights.com/reports/global-high-temperature-ceramics-market
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Polyvinylidene Fluoride (PVDF) Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

Polyvinylidene fluoride, also known as polyvinylidene difluoride (PVDF), is a specialty plastic material belonging to the fluoropolymer family. It is a pure thermoplastic and highly non-reactive fluoropolymer which is produced by the polymerization of vinylidene difluoride.

PVDF is primarily used in applications which require high resistance, strength and purity to solvents, bases, acids and heat. It is also used as an important ingredient in high-end paints for metal roofing in commercial and residential applications.

Membranes of PVDF are widely consumed for the purpose of immobilizing proteins owing to its resemblance to amino acids. PVDF is also used extensively in sheets, films, membranes and coatings in various end-user industries such as chemical processing, oil & gas, construction and energy.

The global market for PVDF, along with its end products has been witnessing noticeable growth over the past few years. Increasing demand for lithium-ion batteries, coatings, and photovoltaic films are anticipated to be some of the major influencing factors for the growth of the market with increased emphasis on its various applications and their end-users.

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North America accounted as the largest consumer for PVDF, followed by Asia Pacific. Moreover, future market growth is expected to be from Asia Pacific on account of growing demand of PVDF in various applications such as oil & gas, and coatings for building & construction industries.

The market for PVDF in Western Europe is also expected to grow significantly with certain PVDF expansion projects anticipated to stabilize the overall business in this region.

Other regions such as Eastern and Central Europe as well as Latin America are also expected to host future global events which would supplement the growth of PVDF in different applications. In addition, proposals for improvement in infrastructure, rising residential construction industry and increasing demand for lithium-ion batteries is also expected to fuel the demand for PVDF in these regions.

High demand from different end-user industries such as coatings, photovoltaic films, oil & gas, and electrical are expected to be the major growth factors for the PVDF market. However, increasing use of substitutes to PVDF is expected to slow down the growth of the market.

Research & development (R&D) has been one of the key factors in the PVDF market. Various associations, end-user manufacturers and PVDF manufacturing companies have planned significant investments for future advancements and technology innovations in PVDF to replace other metals and plastics.

This factor is expected to provide new opportunities for the growth of the market. Large scale companies such as Arkema have made significant investments for the expansion of PVDF polymer capacity in emerging economies such as China to meet the rapidly-growing demand for PVDF resins in emerging application such as new energies and water filtration.

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Moreover, the company plans to expand its PVDF business portfolio in Brazil with the expansion of their coatings production capacity. The new investment would help the company offer diversified and more domestically-produced additives and waterborne emulsions which are substantially taxed as imports in Brazil.

Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc. are some of the key manufacturers of PVDF dominating the market.

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

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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
Report: https://www.futuremarketinsights.com/reports/global-polyvinylidene-fluoride-market
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Temporary Bonding Adhesives Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022-2028

Temporary Bonding Adhesives are materials that create a reversible adhesive bond between two surfaces. This bond can be removed (known as deboning) after a set period of time, thus making it temporary in nature. Apart from applications in the industrial sector, temporary bonding adhesives are widely used for temporary bonding of a thin wafer and carrier material in semiconductor manufacturing. Thin wafers used in semiconductor packages are extremely fragile in nature and prone to damages during manufacturing processes.

Temporary Bonding Adhesives provide adhesion between thin wafers and a slightly rigid wafer carrier, thereby providing support to the thin wafer and thus, protecting it from breakage, folding or warping during rigorous manufacturing processes.

Temporary Bonding Adhesives are manufactured using a variety of chemical compositions, depending on the application they are being designed for and the types of manufacturing processes the semiconductor wafers are expected to go through. Temporary Bonding Adhesives are generally made from materials, such as low temperature waxes, oligomers and polymers of hydrocarbon origin, high temperature thermoplastics and others.

Temporary bonding adhesives are expected to not only provide highly reliable adhesion between bonded surfaces, but also withstand difficult manufacturing conditions, such as electroplating, etching, etc. Temporary bonding adhesives should also demonstrate resistance to corrosion and other chemical extremities. Temporary bonding adhesives should also offer ease of application, uniform coating across surfaces, good adhesion to different materials and stability in fluctuating temperature ranges. Similarly, temporary bonding adhesives must also be able to de-bond, without causing damage to either of the two materials and without leaving any remnants on the surfaces. Temporary Bonding Adhesives, thus, essentially make an efficient support system during manufacturing processes.

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Considering these aspects of the Temporary Bonding Adhesives, the study of the trends in the Temporary Bonding Adhesives market becomes an important read.

Temporary Bonding Adhesives Market: Dynamics

Growing demand for Temporary Bonding Adhesives is being witnessed as these systems provide effective protection to thin wafers in semiconductor and electronic devices manufacturing.

Wafer thinning is gaining increasing application in device manufacturing as the demand grows owing to various benefits, such as heat dissipation, lower electrical resistance, ability of three-dimensional stacking and flexibility of substrate.

Temporary bonding adhesives have become a critical requirement given the delicate nature of thin wafers and the importance of their fragile handling. The advancement in materials technology is leading to development of high quality temporary bonding adhesives, which are not only reliably doing their job, but also helping increase manufacturing throughput and improve overall efficiency.

All of these benefits, combined with growing end use industry demand will drive growth of the Temporary Bonding Adhesives market.

Temporary Bonding Adhesives Market: Regional Outlook

The demand for Temporary Bonding Adhesives is set to grow at a fast pace in the next five to ten years as the demand for manufacturing of high performance as well as increasingly small and compact electronic devices is expected to grow too.

The Asia Pacific region is expected to be a remarkable market for temporary bonding adhesives as it is witnessing rapidly increasing consumer demand for electronic devices. The region has been continuously clocking highest annual smartphone sales in the world and is also home to some of the world’s largest semiconductor device fabrication units.

North America is also a large market for Temporary Bonding Adhesives due to its large-scale semiconductor manufacturing industry, high demand for consumer electronic devices and presence of industry leading suppliers of temporary bonding adhesives. China, India, Japan, US, UK and Germany are some of the key countries to watch for in the Temporary Bonding Adhesives market.

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Temporary Bonding Adhesives Market: Market Participants

Examples of some of the market participants identified across the value chain of Temporary Bonding Adhesives market are:

  • 3M Company
  • Henkel Corporation
  • AI Technology, Inc
  • SUSS MicroTec
  • Brewer Science, Inc.
  • Dow Chemical Company
  • Thin Materials AG
  • I. du Pont de Nemours and Company (DuPont)
  • Nitto Denko
  • Valtech Corporation

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, application, and industry.

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 (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 Countries, S. Africa, Northern 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.

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Temporary Bonding Adhesives Market: Segmentation

On the basis of material type, the Temporary Bonding Adhesives market can be segmented into:

  • Wax
  • Silicones
  • Thermoplastics
  • Modified Epoxy
  • Others

On the basis of application, the Temporary Bonding Adhesives market can be segmented into:

  • Semiconductor
  • 3D Integrated Circuits
  • CMOS Image Sensors
  • Light-emitting Diodes (LED)
  • Memory and Logic Chips
  • Others
  • Manufacturing
  • Other Industrial

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
Report: https://www.futuremarketinsights.com/reports/temporary-bonding-adhesives-market
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Polymer Emulsion Market 2022 – Future Plans and Industry Growth with Quantitative and Qualitative Analysis

Emulsion can be well-defined as the process of mixing of two liquids with difference in their densities (oil-water). Polymer emulsion is done by the process of emulsion polymerization in which the emulsification of a monomer is done in the presence of water and a surfactant, especially sodium stearate.

The most common monomers used in the process of emulsion polymerization are styrene, acrylonitrile, butadiene, acrylate ester and methacrylate ester. Polymer emulsions are the specialty polymers which are used in the manufacturing of specialty chemicals such as adhesives, paints and coatings, offset inks, paper & paperboards, textiles, and construction chemicals.

Polymer emulsion production process is an environmental friendly process which produces polymers with high molecular weight and very lean volatile organic compounds. Polyvinyl acetate based polymer emulsion products have a significant impact on the industries such as adhesives, paints and coatings.

Global Polymer Emulsion Market: Drivers & Restraints

The growth in global polymer emulsion market is primarily driven by factors such as the rise in the number of industrial applications of polymer emulsion such as paints and coatings, adhesives, paper and textile. From the economical and safety point of view the polymer emulsion based paintings and coatings are flame resistant and is likely to propel the global polymer emulsion market over the forecast period.

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The regulatory norms of the government for the protection of environment is another driving force which will boost the global polymer emulsion market by the end of 2025. Considering the fact that the polymer emulsion polymers comply with the regulatory norms set by the government, global polymer emulsion market is set to accelerate.

Low capital requirement for setting up manufacturing units is one of the parameter driving the global polymer emulsion market. On the other hand, increasing cost of raw material is acting as a restraint in the growth of global polymer emulsion market throughout the forecast period.

Global Polymer Emulsion Market: Region-wise Outlook

The global polymer emulsion market is geographically distributed into seven key regions which include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East & Africa. Increasing demand from the end use industries like building & construction, paints and coatings and automotive in emerging economies of Asia-Pacific regions like China, India and Indonesia will fuel the global polymer emulsion market throughout the forecast period.

Among developed Western Europe countries such as Germany, painting and coating along with adhesive application had the highest consumption of polymer emulsion in 2014. Eastern Europe region for polymer emulsion is anticipated to grow at a healthy CAGR in the next few years.

In North America, the U.S. dominated the global polymer emulsion market. Rapid growth in automotive industry coupled with construction sector in the Latin American region will favour the polymer emulsion market growth by the end of 2025. Middle East & Africa is anticipated to witness a steady CAGR in the global polymer emulsion market.

The upsurge in the number of industries coupled with increasing initiative in infrastructure development in this regions is likely to fuel the growth of polymer emulsion market during the forecasted period.

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Global Polymer Emulsion Market: Key Players

Key players in the global polymer emulsion market include 3M, The Dow Chemical Company, BASF SE, H.B. Fuller, Scott Bader Company Ltd., Celanese Corporation and Apotex industries Ltd amongst 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 market segments such as geographies, product type, application and end use industry.

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.

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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 Polymer Emulsion Market: Segmentation

On the basis of product type, the global polymer emulsion market is segmented into

  • Acrylic
  • Styrene Butadiene Latex
  • Vinyl Acetate Polymers
  • Polyurethane Dispersions
  • Others (hybrid epoxy, silicon etc.)

On the basis of application,the global polymer emulsion market is segmented into

  • Adhesive & Sealants
  • Paints &  Coatings
  • Paper & Paperboard
  • Others

On the basis of end use industry,the global polymer emulsion market is segmented into

  • Building & Construction
  • Chemicals
  • Automotive
  • Textile & Coatings
  • Others

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
Report: https://www.futuremarketinsights.com/reports/polymer-emulsion-market
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Sulfuric Acid Market reaching a valuation of US$ 25,623.0 Mn by the end of the forecast period (2032)

According to research conducted by Future Market Insights on global sulfuric acid market, demand for sulfuric acid is set to grow at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Mn by the end of the forecast period (2032). The market has been significantly influenced by certain macro-economic and industrial factors including chemical industries development, rapid economic boom, expansion of manufacturing sector, and growth of agricultural industry.

Sulfuric acid, also known as oil of vitriol, is a strong mineral acid that finds application in diverse industries including metal extraction, agriculture, pharmaceuticals, and textiles.

It has become a key constituent utilized for the manufacturing of phosphate-based fertilizers. Thus, need for increasing the crop production all over the globe will indirectly push the demand for sulfuric acid during the forecast period.

Similarly, development in the chemical industry and growing demand for catalyst in the processing industries are also expected to boost the growth of sulfuric acid market.

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Moreover, growing demand for metals ignited by increasing infrastructural activities across emerging regions of Latin America, South Asia Pacific and Africa is expected to support the growth of sulfuric acid market during the forthcoming years.

As sulfuric acid is being increasing used in metal production and processing, rising consumption of metals will eventually create prospects within the global sulfuric acid market.

Despite several positive growth prospects, the market is witnessing certain challenges which are expected to restraint the growth outlook. Certain growth hampering factors includes stringency in environment regulations, increase in raw material pricing and commodity chemical pricing, etc.

“Consistently growing demand from end-use industries, particularly fertilizers, metal production and processing, and petroleum refining is driving the demand for sulfuric acid,” said an analyst at FMI.

Key Takeaways from Sulfuric Acid Market Study

  • By purity type, standard sulfuric acid segment is estimated to create an incremental dollar opportunity of about US$ 6,701.7 Mn during the forecast period of 2022 and 2032.
  • Based on application, the fertilizer segment is expected to account for about 3/5th of the sulfuric acid consumption.
  • North America and Europe are expected to collectively hold around 37% of the overall market share.
  • The MEA sulfuric acid market is projected to grow at a relatively higher CAGR of 3.5% between 2022 and 2032.
  • Demand for sulfuric acid to grow at a moderate CAGR of 2.3% in the U.S. market during the forecast period.

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Competitive Landscape

The market of sulfuric acids is estimated to be a consolidated market, where leading players are expected to account for a key share of the market. Some of the top sulgfuric acid manufacturers includes BASF SE, Ineos Group Ltd, KANTO Corporation, Aurubis AG, Avantor Performance Materials, LLC, PVS Chemicals Inc., Seastar Chemicals, KMG Chemicals, Qingdao Hisea Chem Co. Ltd., Linde Group, Nouryon, Cornerstone Chemical Company, Ma’aden – Saudi Arabian Mining Company, Canada Colors and Chemicals Limited, Hubei Xingfa Chemicals Group Co., Ltd, Asia Union Electronic Chemical Corporation (AUECC), Tata Chemicals, Trident Group, Boliden Group, UBE INDUSTRIES, LTD., Sumitomo Chemical Co., Ltd., Tayca Corporation.

These key players are focusing on increasing their production capacity to enhance their market footprint all over the globe and to gain traction in the market. Further certain key players are focusing on investing in ultra-pure sulfuric acid production owing to rising demand from electronic industry.

For instance, In July 2021, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd. and its fully-owned subsidiary Zhejiang Jiafu New Material Technology Co. Ltd. signed an agreement to further expand the production capacity of electronic-grade sulfuric acid in Jiaxing, China.

More Insights into the Sulfuric Acid Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global sulfuric acid market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on purity type, application, raw materials, and region.

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Sulfuric Acid Market Segmentation

By Purity Type:

Standard

Ultra-Pure

By Raw Materials:

Elemental Sulfur

Base Metal Smelters

Pyrite Ores

Others

By Application:

Fertilizers

Petroleum Refining

Metal Production & Processing

Steel Pickling

Copper Production

Metal Surface Cleaning

Others

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/sulfuric-acid-market
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Carboxylated Nitrile Rubber Market Innovations, Technology Growth and Research 2022-2029

Carboxylated nitrile rubber (XNBR) is an improved version of nitrile rubber with enhanced properties. Carboxylated nitrile rubber is a type of modified nitrile rubber, and has extra cross linking abilities. Carboxylated nitrile rubber (XNBR) is also known as carboxylated butadiene nitrile rubber.

Carboxylated nitrile rubber is a terpolymer formed with the help of three types of monomers such as butadiene, acrylonitrile and unsaturated carboxylic acid. Carboxylated nitrile rubber are used for special application purposes and which requires high abrasion and wear resistance. Carboxylated nitrile rubber also offers excellent oil resistance as well as moderate heat resistance. Apart from it, carboxylated nitrile rubber has excellent solvent resistance.

Due to its excellent oil resistance characteristics carboxylated nitrile rubber components are being widely used in aerospace, marine and automotive fuel systems. Carboxylated nitrile rubber is used for making various types of industrial and automotive components such as rubber belts, printing rolls, hoses, rings, seals and gaskets. Carboxylated nitrile rubber are also used for making shoe soles with high wear & abrasion resistance.

Components made from carboxylated nitrile rubber are also used different industries such as oil & gas, consumer goods manufacturing, printing and other general manufacturing industries. The only drawback for carboxylated nitrile rubber has poor weathering and ozone resistance.

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Carboxylated Nitrile Rubber Market: Dynamics

Rapidly growing industrial activities and demand for rubber components across the globe can be identified as the prime driving factor responsible for the carboxylated nitrile rubber market growth. Carboxylated nitrile rubber is mainly used for the manufacturing of the rubber components which are used for industrial purposes in different industries.

Rings and seals manufactured from carboxylated nitrile rubber is mostly used in automotive, marine and aircraft engine systems, and the high oil resistance is making carboxylated nitrile rubber gives it advantage over other products. Thus, growth of automotive, marine and aerospace industry is estimated to escalate the market growth of the carboxylated nitrile rubber market.

Apart from it, increase in automotive aftermarket activities is estimated to have a positive impact on the carboxylated nitrile rubber market. Carboxylated nitrile rubber is used in the manufacturing of printing rolls, hence the growth of printing industry is expected to propel the demand for carboxylated nitrile rubber.

Due to its excellent oil & solvent resistance, the components made from carboxylated nitrile rubber are widely used in oil & gas industry. Recovery of oil & gas industry from slowdown in past year is anticipated to act as a potential driving factor for the growth of carboxylated nitrile rubber market.

Carboxylated nitrile rubber is also used in the making of footwear with high abrasion resistance, thus increasing demand for special purpose footwear is estimated to bolster the carboxylated nitrile rubber market.

Growing population, increased consumer spending and growth of rubber industry are few of the factors which will indirectly affect the growth of carboxylated nitrile rubber market. High product cost and lower awareness amongst the end users might act as restraining factors for the Carboxylated nitrile rubber market.

Carboxylated Nitrile Rubber Market: Regional Outlook

Asia Pacific is considered as one of the prominent market region for carboxylated nitrile rubber, owing to the increasing industrial activities. Due to the lower labor cost and easy availability of raw material, Asia Pacific has witnessed substantial rise in rubber components manufacturing. Apart from it Asia Pacific is the leading region in terms of rubber production.

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Regions such as North America and Europe can be attributed as a potential market for carboxylated nitrile rubber, owing to the well-developed industrial landscape.

Industrial production is expected to witness upward trend in Latin America region, therefore Latin America can be considered as promising market for carboxylated nitrile rubber. Middle East & Africa is expected to witness positive growth in the demand for carboxylated nitrile rubber owing to end use industry growth.

Carboxylated Nitrile Rubber Market: Key Market Participants

Examples of some of the market participants operating in the global carboxylated nitrile rubber market are:

ARLANXEO, Zeon Corporation, Emerald Performance Materials, OMNOVA Solutions Inc., Rahco Rubber, Inc., and Zibo Qilong Chemical Co., Ltd. among others.

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

It also contains projections using a suitable set of assumptions and methodologies. The Carboxylated nitrile rubber market research report provides analysis and information according to Carboxylated nitrile rubber market segments such as geographies, application and industry.

The report covers exhaustive analysis on

  • Carboxylated nitrile rubber Market Segments
  • Carboxylated nitrile rubber  Market Dynamics
  • Carboxylated nitrile rubber  Market Size
  • Carboxylated nitrile rubber Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Carboxylated nitrile rubber market
  • Competition & Companies involved in Carboxylated nitrile rubber market
  • Technology used in Carboxylated nitrile rubber Market
  • Value Chain of Carboxylated nitrile rubber Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Carboxylated nitrile rubber Market 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 Carboxylated nitrile rubber market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Carboxylated nitrile rubber market segments and geographies.

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Carboxylated Nitrile Rubber Market: Segmentation

The global carboxylated nitrile rubber market is segmented on the basis of its acrylonitrile content:

  • 8-18% Acrylonitrile
  • 18-22% Acrylonitrile
  • 23-27% & above

The global carboxylated nitrile rubber market is segmented on the basis of its application:

  • Belts
  • Printing Rolls
  • Hoses, Rings & Seals
  • Gaskets
  • Shoe soles

The global carboxylated nitrile rubber market is segmented on the basis of its end use:

  • Automotive & Transportation
  • Oil & Gas
  • Paper Printing
  • General Manufacturing
  • Consumer goods & appliances

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
Report: https://www.futuremarketinsights.com/reports/carboxylated-nitrile-rubber-market
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Carbon Tetrabromide Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2028

Carbon Tetrabromide is a crystalline solid and a bromide of carbon. Carbon Tetrabromide is also known as Tetrabromomethane and both of these names are used under IUPAC nomenclature. Carbon Tetrabromide usually occurs as a colorless solid, however, it sometimes acquires a yellowish-brown tinge.

Carbon Tetrabromide is a highly dense compound, with a density 3.42 times that of water. Carbon Tetrabromide is insoluble in water. However, Carbon Tetrabromide is soluble in other solvents such as chloroform, ethanol and ethyl ether.

Carbon Tetrabromide has a molecular weight of 331.627 g/mol and its molecular formula is CBr4.  Carbon Tetrabromide is toxic to the human body if ingested and causes irritation & corrosion if it comes in contact with the skin. Oral ingestion of Carbon Tetrabromide can cause dizziness and other symptoms typically associated with narcotic substances.

Carbon Tetrabromide is a non-combustible substance in itself. On heating, Carbon Tetrabromide decomposes and emits corrosive and toxic fumes. Carbon Tetrabromide is highly reactive to alkali metals and can create potential explosive hazards.

Carbon Tetrabromide is produced from the bromination reaction of methane, in the presence of Bromine or hydrogen bromide. The formation of Carbon Tetrabromide is an endothermic reaction and requires a temperature of 100 °C. The relatively simple production process for carbon tetrabromide is one of the key reasons for its widespread use for various applications in industries.

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Considering these aspects of the Carbon Tetrabromide, the study of the trends and forecasts of the Carbon Tetrabromide market becomes an important read.

Carbon Tetrabromide Market: Dynamics

Carbon Tetrabromide is used for a variety of applications in different industries. Carbon Tetrabromide is used as a chemical reagent in Appel reaction, for the conversion of alcohols into alkyl bromides. Carbon tetrabromide is also used in the preliminary stages of Corey-Fuchs reaction, along with triphenylphosphine, for the conversion of aldehyde compounds into terminal alkynes.

Carbon tetrabromide is also used in the production of photochemical compounds. Moreover, Carbon Tetrabromide finds application as an acceptor of electrons in organic synthesis reactions. In industrial applications, Carbon Tetrabromide is used as a solvent for greases, waxes and other industrial oils.

Owing to the non-flammable and non-combustible nature of carbon tetrabromide, it is used as an ingredient in the production of fire resistant chemicals. Carbon tetrabromide is used as a vulcanizing agent in the rubber industry and a blowing agent in the plastics industry.

Carbon tetrabromide also finds use a chemical intermediate in the production of agrochemicals. Thus demand from applications in the chemical, industrial and agrochemicals sector is projected to drive the market for carbon tetrabromide in the near future.

Carbon Tetrabromide Market: Regional Outlook

The Carbon Tetrabromide market is projected to witness steady growth in the next few years in view of demand from key end users such as rubber & plastics, chemicals and agrochemicals. Asia Pacific is expected to be a significant market for Carbon Tetrabromide consumption, with increasing demand for various products that use Carbon Tetrabromide as a reagent, additive or solvent.

The large chemicals, rubber and plastics manufacturing industry in Asia Pacific is projected to stimulate demand for Carbon Tetrabromide in the region. North America and Europe are also key regional markets for Carbon Tetrabromide, with a well-developed chemicals, plastics and agrochemicals industry. China, Germany, U.S., Japan and India are some of the key country level markets for Carbon Tetrabromide.

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Carbon Tetrabromide Market: Market Participants

Examples of some of the market participants identified in the Carbon Tetrabromide market include,

  • ACROS Organics (Fisher Scientific)
  • Tokyo Chemical Industry Co., Ltd.
  • Sigma-Aldrich Corporation
  • ChemTik
  • Toronto Research Chemicals
  • American Elements
  • Alpha Aesar
  • Enter Chemical
  • Kinbester Co., Ltd.
  • Hangzhou Dayangchem Co. Ltd.

The research report on presents a comprehensive assessment of the Carbon Tetrabromide 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 Carbon Tetrabromide market segments such as geographies, application and industry.

The report covers exhaustive analysis on

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

Regional Analysis of Carbon Tetrabromide market includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

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Carbon Tetrabromide Market: Segmentation

On the basis of Product Form, the Carbon Tetrabromide market can be segmented as,

  • Powder/Granules
  • Suspension

On the basis of Application, the Carbon Tetrabromide market can be segmented as,

  • Chemical Reagent
  • Solvent
  • Chemical Intermediate
  • Additive

On the basis of End Use Industry, the Carbon Tetrabromide market can be segmented as,

  • Chemicals
  • Agrochemicals
  • Plastics & Rubber
  • Other Industrial

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
Report: https://www.futuremarketinsights.com/reports/carbon-tetrabromide-market
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Automotive Bioplastics Market to reach US$ 1,442.2 Mn by 2029 | Future Market Insights

The global automotive bioplastic market is estimated to be valued at ~US$ 521 Mn in 2022 and is expected to increase at a CAGR of ~11% during the forecast period. As per the comprehensive analysis provided in the report, the global automotive bioplastic market is anticipated to witness considerable growth in the coming years owing to the steady increase in the adoption of bioplastic materials for various car components.

Future Market Insights (FMI) has forecasted the Automotive Bioplastics Market to grow with a year on year growth of 10.3% in 2022 reaching a value of about US$ 687.5 Mn by 2022 end.

The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2022-2029.

Automotive Bioplastics Market Base Year Value (2021A) US$ 623.3 Mn
Automotive Bioplastics Market Estimated Year Value (2022E) US$ 687.5 Mn
Automotive Bioplastics Market Projected Year Value (2029F) US$ 1,442.2 Mn
Value CAGR (2022-2029) 10.7%
Collective Value Share: Top 3 Countries (2022E) 49.4%

Application wise, the interior segment is expected to hold prominent value share of the global automotive bioplastic market. This segment includes seats, dashboard, air-duct, HVAC, and other related interior components.

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Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s analysis. Automotive bioplastic materials are not as affected by oil price instability the way petroleum-based materials are. Automotive bioplastics help reduce the dependency on limited fossil resources, which is a key growth driver for market, with fuel prices projected to surge significantly over the coming years.

Rising Demand for Electric Vehicles to Create High Growth Opportunities

Increasing environmental awareness and inconsistent fuel prices have influenced consumers, particularly in developed countries of North America and Europe, to opt for electric car models, such as plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).

Growing urban population, incentives for use of electric vehicles, reducing battery prices, strengthening transportation infrastructure in developed and emerging countries, and inter-governmental steps for electric vehicles are further driving the adoption of electric cars. This, in turn, is anticipated to contribute to the demand for automotive bioplastic materials during the forecast period.

Governments have put immense pressure on automotive manufactures to reduce vehicle weight to achieve fuel economy. Nowadays, weights of vehicle modules in newer vehicles are much lighter than conventional ones, which had metal bodywork. It has been observed that these were nearly twenty percent heavier than today’s modules.

Companies are heavily investing in research & development and manufacturing strategies to reduce the weight of several body components. OEMs prefer bioplastic-based materials over conventional raw materials (steel) for specific applications as these help reduce the weight of the vehicle significantly and have other technological advancements over other materials.

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive bioplastic market. Few examples of key players in the automotive bioplastic market are Mitsubishi Chemical Corporation, Total Cobion PLA, NatureWorks LLC, Solvay Group, Eastman Chemical, Arkema Group, Braskem, Evonik Industries AG, BASF SE, and Dow Chemical Company, among others.

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Automotive Bioplastics Market by Category

By Material :

  • Bio PA
  • Bio-PTT
  • Bio PET
  • Bio PBS
  • Bio PP
  • Bio PE
  • Others

By Vehicle :

  • Passenger Car
    • Compact
    • Mid Size
    • Luxury
    • SUVs
  • LCV
  • HCV
  • Electric Cars
    • BEV
    • HEV
    • PHEV

By Application :

  • Exterior
    • Bumper
    • Tailgate/Liftgate, Hood
    • Body Hardware
    • Others
  • Interior
    • Seats
    • Dashboard
    • Air Ducts
    • HVAC
    • Others
  • Engine Surrounding
    • Engine Covers/Valve Covers
    • Fuel Hoses/ Lines
  • Others

By Region :

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Definitions

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Recent Trends

3.2. Channel and Product Analysis

4. Key Success Factors

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
Report: https://www.futuremarketinsights.com/reports/automotive-bioplastic-market
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