Polymer Filler Market Is Predicted To Grow Swiftly Due To Increasing Demand For High Strength And Lightweight Materials Till 2024: Grand View Research, Inc.

The global polymer filler market is expected to reach USD 62.54 billion by 2024, according to a new report by Grand View Research, Inc. the surge in demand for low-density fillers with better impact strength is likely to propel the market growth. Polymer fillers are likely to emerge as a cheaper alternative to costly plastic resins over the forecast period. Increasing demand for low-cost fillers from various end-use industries in both developed and emerging countries such as the U.S., Germany, India, China, etc. is expected to propel the market growth. 

Stringent regulations pertaining to automotive pollution has forced automotive manufacturers in the U.S. and Europe to use lightweight materials for manufacturing. Development of novel low-density fillers is expected to propel the market growth. 

Inorganic fillers were the leading product segment and accounted for 78.9% of total market volume in 2015. However, organic fillers are expected to witness a brisk growth of 5.6% over the forecast period. Increasing environmental concerns have attracted more industries to opt for organic filers rather than traditional inorganic fillers. Abundant availability along with renewable nature of the natural fibers such as wood, cellulose, etc. is also expected to have a positive impact on the market growth. 

U.S. Polymer Filler Market revenue by product, 2014 - 2024 (USD Million)

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Further key findings from the report suggest:

• Global Polymer Filler Market demand was 31.75 million tons in 2015 and is expected to reach 49.72 million tons by 2024, growing at CAGR of 5.1% from 2016 to 2024
• Automotive and building & construction collectively accounted for over 40% of total market volume in 2015. Increasing demand for high strength plastic composites in all these end-use industries is expected to drive the market growth. Automotive is also expected to witness the highest growth of 5.9% over the forecast period.
• Asia Pacific emerged dominated the global market with demand share exceeding 45% in 2015. Burgeoning building & construction industry along with favorable governmental regulations in India, China, Indonesia, and Thailand is likely to drive the regional market. Increasing demand for lightweight polymer composites in the U.S. is expected to propel the North American market over the forecast period. 
• Key market players include Quarzwerke group, 20 Micron Limited, GCR group, Omya AG, Imerys S.A., Hoffman Minerals, Minerals Technologies, Unimin Corporation, LKAB group. Global polymer fillers industry is fragmented in nature, and the threat of new entrants is high due to lower initial investment. Despite presence of a large number of market players, the value chain is mainly dominated by end-use industries as most of the polymer composites are manufactured considering the application requirements. 

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About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Silver Nanoparticles Market Will Reach $2.54 Billion By 2022: Grand View Research, Inc.

Global Silver Nanoparticles Market is expected to reach USD 2.45 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for antimicrobial materials in healthcare applications is expected to drive silver nanoparticles market over the forecast period. Development of high-end electronics coupled with growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Healthcare was the largest application segment, accounting for over 30% of global silver nanoparticles market revenue in 2014. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population and rise in disposable income is expected to augment silver nanoparticles market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

Global silver nanoparticles market, by application, 2012 - 2022 (Tons)

Browse full research report on Silver Nanoparticles Market: http://www.grandviewresearch.com/industry-analysis/silver-nanoparticles-market

Further key findings from the report suggest:

• Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with growing demand for high-end gadgets is expected to drive market growth
• North America dominated the global silver nanoparticles market in 2014 accounting for over 35% of the market in terms of volume and the trend is anticipated to continue over the forecast period. Rising awareness regarding prevention of hospital acquired diseases is expected to play an important role in promoting silver nanoparticles use in medical devices & equipment and textiles
• Increasing application scope of silver nanoparticles in children’s toys in order to reduce spread of diseases by minimizing surface antimicrobial activities is expected to open new opportunities for market growth over the forecast period
• Emergence of nanofinished textiles for odor control and curb growth of infection causing bacteria is expected to propel silver nanoparticles market demand
• Presence of stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain harmful effects of nanosilver to the environment, which is further anticipated to restrain market growth.
• Key players present in the global silver nanoparticle market include Emfutur Technologies, Meliorum Technologies Inc, Nanoshel, NanoHorizons and Cline Scientific AB. The market is characterized by companies developing proprietary manufacturing technologies. For instance, Cima Nanotech developed SANTE (Self Assembling Nanotech Technology), an innovative self-assembling coating material.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-silver-nanoparticles-market   

                      

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Prestressed Concrete (PC) Wire and Strand Market Is Predicted To Grow Swiftly Due To Increasing Demand For Prefab Or Offsite Construction Till 2025: Grand View Research, Inc.

The global prestressed concrete (PC) wire and strand market value is expected to reach USD 4.2 billion by 2025, according to a new report by Grand View Research, Inc. Prefab or offsite construction is anticipated to propel the market growth.

Major market players are implementing growth through acquisition strategy to increase their market presence. The market is observing rise in strategic mergers among key industry players. For instance, the key mergers of PC wire and strand market are Bekaert and Ontario Teachers advanced cord manufacturing agreement and Insteel take-over of American Spring Wire’s wire and strand segment.

The prestressed concrete (PC) wire and strand are largely used in the construction processes for bridges, arches, tunnels, buildings, road slabs, and others. The growth in the construction sector is directly linked with the growth of the market. The construction sector growth is largely dependent on the emerging countries. It is anticipated that emerging markets to account for nearly half of the global construction activities. This trend is likely to be dominated by countries such as India and China. India became the third largest construction market in the world computing an average growth of 7.4% in 2016. 

The uncoated PC strand is likely to be the most dominating surface coating from 2016 to 2025.The product segment is likely to be driven by its increasing usage in the developing nations. The growth in population coupled with rising urbanization is anticipated to be among the major drivers for the product segment and drafting products, as a result of which developers are heavily investing in R&D activities.

U.S. prestressed concrete wire and strand market by application, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• The global demand for prestressed concrete (PC) wire and strand market was USD 3.4 billion in 2016 and is expected to grow at a CAGR of around 2.5% from 2017 to 2025 to exceed a total revenue of over USD 4.2 billion by 2025.
• Uncoated PC strand was the biggest segment in the market accounting for over 37% of the total revenue in 2016
• Bridges was the largest application segment with a demand of over USD 1 billion in 2016, growing at a CAGR of xx%
• The APAC is expected to be the largest regional market with a projected CAGR of 2.8% over the forecast period

• The industry is dominated by a few multinational corporations such as ArcelorMittal, KISWIRE LTD., Insteel, and Bekaert. Companies are moving towards strategic mergers and acquisition to increase their international presence and gain significant market share.

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About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Industrial Insulation Market To Witness Growth Based On Government Initiatives To Promote Energy Efficiency Till 2025: Grand View Research, Inc.

The global industrial insulation market is slated to reach USD 19.45 billion by 2025, growing at a CAGR of 6.0%, as per a new report published by Grand View Research, Inc. Adequate insulation and thermal mass provide an energy-efficient and economical design to industrial equipment and construction, nullifying the need for a heating system and curbing the operating costs. Manufacturers are striving to provide materials that improve the life cycle and thereby the efficiency of a product.

Foamed plastics are widely used to prevent heating and cooling losses, thus improving the overall energy efficiency of equipment used in end-use industries. Rising energy prices coupled with the growing importance of energy-efficient industrial infrastructure are slated to be major driving factors.

Blowing agents such as phenolic & PU foams contain ozone-depleting substances, such as hydro fluorocarbons (HFC), carbon dioxide, and pentane, which are greenhouse gasses known to pose serious threats to the environment. Stringent regulations by REACH to reduce the use of these toxic substances in insulation materials are expected to pose challenges towards the market growth.

The market is considered to be capital-intensive due to which entering and sustaining it requires a considerable amount of time, resources, and planning.  Achieving economies of scale remains the top priority for the industry players.

U.S. Industrial Insulation market revenue by product, 2014 - 2025 (USD Billion)

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Further key findings from the report suggest:

• Foamed Plastic is expected to witness a high growth and penetration rate, owing to its high compressive strength, and superior moisture resistance
• Glass wool is anticipated to emerge as the second largest product segment
• Glass wool encompasses various features such as easy installation, low moisture absorption, ability to hold up the original shape despite the surrounding high temperatures and good recovery from packaged compression
• Petrochemical & Refineries application segment is expected to account for 37.8% of demand in 2025 and is likely to emerge as the largest as well as fastest application segment
• Europe is expected to be the largest growing region in the global industrial insulation market
• Strict insulation codes and laws effectuated by the European regulatory authorities have increased the awareness about rising energy costs and the need for energy efficiency.
• The major business players in the market include Rockwool Technical Insulation, Paroc, Knauf Gips KG, TechnoNICOL Corporation, etc.

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

High Performance Composites Market Is Projected To Reach $81.63 Billion By 2025: Grand View Research, Inc.

The global high performance composites market is expected to reach USD 81.63 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for high performance composites from aerospace & defense sectors is expected to play a key role in the growth of the market over the forecast period.

The products possess superior mechanical properties including high chemical resistance and stiffness, courtesy which they have witnessed an increase in demand in construction, consumer goods, and energy sectors. Increasing consumption in the automobile industry, as an alternative to traditional materials such as steel and aluminum, is also expected to be one of the key drivers of the market.

Asia Pacific was the largest market for high performance composites in 2016. This region, with growing consumption from the above-mentioned industries, is also expected to witness the highest growth in this market over the next eight years. China and Japan, which are home to some of the largest electronics and automobile companies, dominated the Asia Pacific high performance composites market in 2016.

U.S. high performance composites market, by material, 2014 - 2025 (USD Billion)

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Further key findings from the report suggest:

• The global market is projected to reach USD 81.63 Billion by 2025, growing at a CAGR of 8.2% from 2017 to 2025
• The market for resins was valued at USD 23 billion in 2016, the highest among all materials, on account of growing demand for thermoset resins from composites manufacturers

• The automotive and industrial segment is projected to grow at the highest CAGR of 10% by revenue from 2017 to 2025. This segment is driven by growing demand from pressure vessel and passenger car manufacturers
• The U.S. accounted for 82% of the total North American demand in 2016 courtesy an increase in demand for composites from major aircraft manufacturer, Boeing, as well as automobile players including Ford Motors and General Motors
• Asia Pacific market is expected to grow at the highest CAGR of 9% from 2016 to 2025. This region is characterized by growing demand for composites from the automobile and construction sectors in emerging countries.
• BASF, Arkema, Hexcel Corporation, and Solvay were the major players in the market in 2016. New product developments and investments in R&D, in order to lower the prices were key growth strategies adopted by these players from 2011 to 2016.

About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Cross Laminated Timber Market Is Predicted To Grow Swiftly Due To Increasing Demand For Green Homes Till 2025: Grand View Research, Inc.

The global cross laminated timber market is expected to be valued at USD 2.07 billion by 2025, according to a new report by Grand View Research, Inc. Rising awareness about the environmental hazards caused by the use of cement concrete in infrastructure construction coupled with rising number of cross laminated timber manufacturers and increasing demand for green homes are factors propelling the market growth.

The shift from concrete-based construction to wood-based construction along with supportive government initiatives around the world are positively influencing the market. In addition, decreasing overall cost of CLT construction owing to the increasing number of suppliers and shorter construction time is responsible for rise in demand.

The demand for wooden residential buildings, such as single-family homes and multifamily apartments, is increasing due to their aesthetic appeal and design flexibility. The improved fire resistance quality and earthquake-proof offered by cross laminated timber structure are expected to augment the market growth over the forecast period.

Institutional and commercial segments are expected to collectively account for 46.9% of the global market in 2025. The demand for these segments is attributed to low cost of construction and easy maintenance of cross laminated timber structures. Innovations in building and designing technologies are projected to boost the demand for cross laminated timber products over the forecast period.

Europe is the leading region owing to the early adoption of cross laminated timber and research & development on CLT technologies by countries such as Austria and Germany. The availability of timber from the forests of central European countries and advanced timber processing industries are the leading cause for market growth in the region. Countries like Canada, the U.S., New Zealand, Japan, and China in the North American and Asia Pacific regions are also rapidly developing markets for cross laminated timber.

U.S. cross laminated timber market revenue, by Type, 2014 - 2025 (USD Million)

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Further key findings from the report suggest:

• In terms of volume, the market is expected to grow at a CAGR of 15.1% from 2017 to 2025 on account of increasing awareness about sustainable housing. Residential segment is expected to witness the fastest growth rate of 15.4%, in terms of revenue, from 2017 to 2025 owing to high product demand in developed countries.
• North America was valued at USD 65 million in 2016 and is expected to witness significant development on account of rising demand from educational institutions and residential builders
• Key participants include Stora Enso, Mayr-Melnhof Holz, Binderholz, XLam Ltd., Sterling Lumber, Schilliger Holz AG, KLH Massivholz GmbH, B & K Structures, Eugen Decker Holzindustrie KG, Structurlam, SmartLam, and Meiken Lamwood Corp. These companies are focused on increasing their production capacity to fulfill the worldwide massive product demand.
• In 2016, Stora Enso invested approximately USD 900 million to setup a plant in Guanxi, China, to strengthen its presence in the Asia Pacific region

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more information: http://www.grandviewresearch.com

Growing Demand For The Product In Aerospace & Defense Industry And Sporting Goods Is Expected To Drive Advanced Composites Market Till 2024: Grand View Research, Inc.

Global advanced composite market is expected to reach USD 33.44 billion by 2024, according to a new report by Grand View Research, Inc. Growing market penetration of the product in the automotive and marine application is expected to drive growth over the forecast period. Rising need for sustainable renewable energy source coupled with low capital cost as compared to the majority of conventional sources is have a positive impact on wind turbine market, which in turn is likely to propel growth over the forecast period. The utilization of lightweight materials to reduce the resistance of turbines to wind and increase the production rate of electricity is expected to increase the penetration of advanced composites in the wind turbine industry over the next eight years.

Advanced carbon fibers are expected to gain share owing to the declining prices owing to various process improvements. Increasing investment in the defense subsector is likely to have a positive impact on the demand for aramid fibers. The gradual recovery of the defense industry in North America is expected to be a contributing factor for growth. Furthermore, technologies including fluid handling for manufacturing advanced composites is expected to reduce cycle time, improve yield and reduce wastage & cleaning time which in turn will increase the rate of production and market growth.

U.S. Advanced Composites Market Revenue, By Product, 2013 - 2024 (USD Million)

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Further key findings from the report suggest:

• Carbon advanced composites are expected to be the fastest growing product segment over the forecast period, growing at over 9% from 2016 to 2024. The growing application scope of the product in the manufacturing of wind energy turbines and aerospace components are expected to be the two major aspects driving the demand.
• Aerospace & defense application accounted for over 65% of the overall industry in 2015. Growing air passenger traffic and the resultant surge in the manufacturing of airplanes in North America and Europe is expected to drive the growth over the forecast period. The increasing penetration of the product in the industry is expected to be the contributing factor for rising demand.
• Wind turbine industry is expected to grow at a CAGR of over 6% from 2016 to 2024. The increasing utilization of glass and carbon products coupled with rapid wind turbine industry growth is expected to bolster industry growth over the forecast period. Growing need for an alternative source of energy is expected to be the contributing factor for advanced composites industry growth.
• Growing application of aramid composites in the defense sector is expected to be a breakthrough for the industry market growth. The high performance efficiency delivered by the products owing to the diversified characteristics including low density, lightweight, and high strength is likely to drive the product demand in the sector over the next eight years. Furthermore, rising global political instability expected to increase the investment in the defense sector which in turn is likely to aid market growth.
• North America accounted for over 35% of the overall revenue share in 2015. The presence of the leading aerospace manufacturer, The Boeing Company is expected to be a key aspect for industry growth over the forecast period. High consumer per capita income and willingness to spend on luxury vehicles is expected to aid the growth of advanced composites in the automotive industry of the region.
• Key players in the industry include Toray Industries, Inc., Teijin Limited, Hexcel Corporation and Cytec Solvay Group. Acquisition of Zoltek Companies, Inc. by Toray Industries, Inc. is expected to give an edge in the highly competitive industry. Teijin has announced the acquisition of Continental Structural Plastics Holdings Corporation to expands its composites business.

 About Grand View Research, Inc:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

 For more information: http://www.grandviewresearch.com