High Heat Foam Market Is Expected To Reach USD 13.89 Billion By 2024: Grand View Research, Inc.

 

The global High Heat Foam Market is expected to reach USD 13.89 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for high heat foams in automotive and aerospace industries is anticipated to drive the market over the forecast period. Growing automotive industry coupled with rising need for lightweight vehicles is expected to fuel industry growth over the forecast period. Need for fuel-efficient vehicles along with government regulations regarding automotive pollution is expected to further drive the market in near future.

high-heat-foam-market.png
U.S. High Heat Foam Market volume by product, 2014 – 2024 (Kilo Tons)

Growing aerospace industry is anticipated to fuel high heat foams demand over the forecast period. The surge in demand for high heat foams in sports and leisure applications, especially in the Asia Pacific, is also expected to impel high heat foams demand over the next eight years.

Automotive was the leading consumer and accounted for 32.5% of global demand in 2015. Increasing automotive production in China, India, Thailand, and Indonesia is expected to drive this segment over the forecast period. Aerospace also contributed significantly towards the overall market share in terms of revenue. This can be attributed to the high cost of aerospace grade high heat foams than that of other grades available in the market. Growth in the commercial aviation segment is expected to fuel high heat foams demand over the next eight years.

Browse full research report on High Heat Foam Market: www.grandviewresearch.com/industry-analysis/high-heat-foam-market

Further Key Findings From the Study Suggest:

  • The global High Heat Foam Market demand was 1,442.6 kilo tons in 2015 and is expected to reach 2,206.3 kilo tons by 2024, growing at a CAGR of 5.0% from 2016 to 2024
  • Silicone was the leading product segment and accounted for 35.1% of total demand in 2015. Growing demand for these products in the industrial sector is expected to drive this segment over the forecast period.
  • Melamine is projected to grow at a CAGR of 7.4% from 2016 to 2024. The high growth may be attributed to rising use in aerospace sector owing to various to benefits such as excellent thermal insulation.
  • Asia Pacific was the leading consumer and accounted for 45.5% of global volume in 2015 owing to growing automotive and construction industry in the region. It is also expected to witness the highest growth of 5.6% over the forecast period.
  • Major companies operating in the global high heat foams industry include Intec Foams, BASF SE, Sabic, Sinoyqx, UBE Industries, Ltd., Armacell International S.A., Puren Gmbh, Evonik Industries, Wacker Chemie AG, and Rogers Corporation.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/plastics-polymers-and-resins  

Grand View Research has segmented the High Heat Foam Market on the basis of product, application and region:

Global High Heat Foams Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Silicone
  • Polyimide
  • Melamine
  • Polyethylene
  • Others

Global High Heat Foams Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Automotive
  • Locomotive
  • Industrial
  • Aerospace
  • Others

Global High Heat Foams Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-high-heat-foam-market                                                                       

About Grand View Research:

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

For more information: www.grandviewresearch.com

 

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Agricultural Films & Bonding Market Is Predicted To Grow Swiftly Due To Rising Standards Of Global Farming Till 2024: Grand View Research, Inc.

The global agricultural films & bonding market is expected to reach USD 14.19 billion by 2024, according to a new report by Grand View Research, Inc. Rising need for optimum productivity to sustain the food demand is the key factor behind the commercialization of specialty products. Increasing investment in R&D and advancements in agricultural practices backed by technological support is anticipated to drive the industry growth.

Films are extensively used for greenhouse farming, soil protection, and mulching. Various benefits associated with these films include reduced soil erosion & compaction, temperature control, seed germination, weed control, nutrient conservation, and protection against UV Rays.

The film segment accounted for over 75% of the global volume in 2015. Growth in this sector may be attributed to growing high-quality crops demand coupled with the increasing requirement for ideal agricultural productivity.

Browse full research report on Agricultural Films & Bonding Market: www.grandviewresearch.com/industry-analysis/agricultural-films-bonding-market

Further key findings from the report suggest:

  • The global market demand was 6.80 million tons in 2015 and is expected to reach 10.68 million tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • HDPE demand in netting was 105.7 kilo tons in 2015. The high raw material demand may be attributed to various beneficial characteristics such as convertibility, complete recyclability, waterproof, and durability.
  • Bailing was the largest application segment and accounted for 53.8% of the twine market in 2015. Baling twine is used in farming to bind straw or hay bales together.
  • Europe agricultural films and bonding market is anticipated to grow at a CAGR of 5.0% from 2016 to 2024 owing to shrinking pastures and farm land. However, the region is expected to adopt advance farming techniques and biodegradable products. Spain and Italy are the leading consumers of films owing to greenhouse industry growth.
  • Asia Pacific accounted for over 70% of the total market volume in 2015 and is projected to witness the fastest growth on account of growing need to elevate agricultural productivity to sustain the food demand
  • Key companies operating in the industry include Novamont, BP Industries (BPI), Ab Rani PlastOy. Trioplast Industrier AB, Armando Alvarez SA, ExxonMobil Corporation, Barbier Groupe, Britton Group, BASF, and Kuraray. The global market is highly fragmented owing to the presence of various small-scale and regional players, especially in Asia Pacific.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/plastics-polymers-and-resins        

Grand View Research has segmented the agricultural films & bonding market on the basis of product, raw material, application, and region:

Global Agricultural Films & Bonding Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
  • Twine
  • Netting
  • Others

Global Agricultural Films & Bonding Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
    • LDPE
    • Others
  • Twine
    • Sisal
    • Polypropylene
    • LDPE
    • Others
  • Netting
    • HDPE
    • LDPE
    • Polypropylene
    • Others

Global Agricultural Films & Bonding Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
    • Greenhouse
    • Mulching
    • Silage
      • Stretch wrap
      • Bags
      • Sheets
    • Twine
      • Vegetable Packing
      • Fruit Packing
      • Bale
      • Others
    • Netting
      • Shade
      • Anti-hail
      • Anti-insect
      • Others

Global Agricultural Films & Bonding Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • North America
    • U.S.
      • California
      • Kansas
      • Nebraska
      • Iowa
      • Wisconsin
      • Texas
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
  • Central & South America
    • Brazil
  • Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-agricultural-films-bonding-market      

About Grand View Research:

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

For more information: www.grandviewresearch.com

 

Americas Plastic Compounding Market Is Projected To Grow Rapidly Due To Enhanced Demand In Automotive, Electrical & Electronics Industries Till 2024: Grand View Research, Inc.

The Americas plastic compounding market is expected to reach USD 19.11 billion by 2024, according to a new report by Grand View Research, Inc. The shift in trend towards lightweight composites to lower vehicular weight and thereby foster fuel savings & lower carbon emission levels are anticipated to drive demand.

Increasing demand from major end-use industries such as automotive, electrical & electronics, packaging, construction and consumer goods is expected to remain a key driving factor for market growth. Plastics compounds are rapidly replacing conventional materials such as wood, glass, and metals in various applications on account of their flexibility, lubricity and increased strength & stiffness.

Favorable federal regulations by agencies such as National Highway Traffic Safety Administration (NHSTA) and California Air Resources Board (CARB) regarding carbon emissions along with the U.S. EPA initiatives to develop plastics compounds in lightweight & fuel-efficient cars is likely to augment regional market growth.

Polyethylene terephthalate (PET) is expected to be the fastest growing product segment owing to increasing usage in end-use industries such as packaging and electrical & electronics. Packaging is a dominant application market where PET compounds are utilized in large quantities for the production of bottles, particularly carbonated beverages and nutritional drinks.

Browse full research report on Americas Plastic Compounding Market: www.grandviewresearch.com/industry-analysis/americas-plastic-compounding-market                                                    

Further key findings from the report suggest:

  • The Americas plastic compounding market demand exceeded 5.50 million tons in 2015 and is expected to reach 8.20 million tons by 2024, growing at a CAGR of 4.4% from 2016 to 2024
  • Due to a considerable rise in consumerism that is driven by economic growth, favorable credit landscape, and increased disposable income, countries in Latin America have witnessed an exponential rise in manufacturing activities
  • Mexico emerged as the fastest growing market with an estimated CAGR of 7.1% from 2016 to 2024
  • Increasing number of free trade zones and high per capita income in emerging economies leading to increased spending in automotive and construction industries
  • PBT is used in a various number of automotive applications including accessories, covers, electrical connectors, cooler fans, and plugs. The segment was valued at USD 22.7 million in 2015, growing at an estimated CAGR of 4.2% from 2016 to 2024.
  • Key companies operating in the industry include Kraton Polymers Inc., DuPont, The Dow Chemical Company, RTP Company, SABIC, LyondellBasell Industries N.V., Asahi Kasei Plastics, Kuraray Plastics, Solvay, Kingfa Sci. & Tech. Co. Ltd., Flex Technologies, MRC Polymers, Inc. and Washington Penn Plastics Company.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/plastics-polymers-and-resins                   

Grand View Research has segmented the Americas plastic compounding market on the basis product, application and region:

Americas Plastic Compounding Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Polyethylene
  • Polypropylene
  • Thermoplastic Vulcanizates (TPV)
  • Thermoplastic Olefins
  • Polyvinyl Chloride (PVC)
  • Polystyrene
  • Polyethylene Terephthalate (PET)
  • Polybutylene Terephthalate (PBT)
  • Polyamide
  • Polycarbonate
  • Acrylonitrile Butadiene Styrene (ABS)
  • Others

Americas Plastic Compounding Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Automotive
  • Construction
  • Electrical & Electronics
  • Packaging
  • Consumer Goods
  • Industrial Machinery
  • Medical Devices
  • Optical Media
  • Others

Americas Plastic Compounding Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • U.S.
  • Canada
  • Mexico
  • Brazil
  • Rest of Americas (RoA)

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/americas-plastic-compounding-market-size report

About Grand View Research:

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

For more information: www.grandviewresearch.com

Agricultural Films & Bonding Market Is Projected To Grow Rapidly Due To Increasing Demand For High-Quality Food Crops Till 2024: Grand View Research, Inc.

 

The global agricultural films & bonding market is expected to reach USD 14.19 billion by 2024, according to a new report by Grand View Research, Inc. Rising need for optimum productivity to sustain the food demand is the key factor behind the commercialization of specialty products. Increasing investment in R&D and advancements in agricultural practices backed by technological support is anticipated to drive the industry growth.

Films are extensively used for greenhouse farming, soil protection, and mulching. Various benefits associated with these films include reduced soil erosion & compaction, temperature control, seed germination, weed control, nutrient conservation, and protection against UV Rays.

The film segment accounted for over 75% of the global volume in 2015. Growth in this sector may be attributed to growing high-quality crops demand coupled with the increasing requirement for ideal agricultural productivity.

Browse full research report on Agricultural Films & Bonding Market: www.grandviewresearch.com/industry-analysis/agricultural-films-bonding-market                                         

Further key findings from the report suggest:

  • The global market demand was 6.80 million tons in 2015 and is expected to reach 10.68 million tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • HDPE demand in netting was 105.7 kilo tons in 2015. The high raw material demand may be attributed to various beneficial characteristics such as convertibility, complete recyclability, waterproof, and durability.
  • Bailing was the largest application segment and accounted for 53.8% of the twine market in 2015. Baling twine is used in farming to bind straw or hay bales together.
  • Europe agricultural films and bonding market is anticipated to grow at a CAGR of 5.0% from 2016 to 2024 owing to shrinking pastures and farm land. However, the region is expected to adopt advance farming techniques and biodegradable products. Spain and Italy are the leading consumers of films owing to greenhouse industry growth.
  • Asia Pacific accounted for over 70% of the total market volume in 2015 and is projected to witness the fastest growth on account of growing need to elevate agricultural productivity to sustain the food demand
  • Key companies operating in the industry include Novamont, BP Industries (BPI), Ab Rani PlastOy. Trioplast Industrier AB, Armando Alvarez SA, ExxonMobil Corporation, Barbier Groupe, Britton Group, BASF, and Kuraray. The global market is highly fragmented owing to the presence of various small-scale and regional players, especially in Asia Pacific.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/plastics-polymers-and-resins                                        

Grand View Research has segmented the agricultural films & bonding market on the basis of product, raw material, application, and region:

Global Agricultural Films & Bonding Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
  • Twine
  • Netting
  • Others

Global Agricultural Films & Bonding Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
    • LDPE
    • Others
  • Twine
    • Sisal
    • Polypropylene
    • LDPE
    • Others
  • Netting
    • HDPE
    • LDPE
    • Polypropylene
    • Others

Global Agricultural Films & Bonding Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • Agricultural Films
    • Greenhouse
    • Mulching
    • Silage
      • Stretch wrap
      • Bags
      • Sheets
    • Twine
      • Vegetable Packing
      • Fruit Packing
      • Bale
      • Others
    • Netting
      • Shade
      • Anti-hail
      • Anti-insect
      • Others

Global Agricultural Films & Bonding Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2024)

  • North America
    • U.S.
      • California
      • Kansas
      • Nebraska
      • Iowa
      • Wisconsin
      • Texas
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
  • Central & South America
    • Brazil
  • Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-agricultural-films-bonding-market                                                               

About Grand View Research:

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

For more information: www.grandviewresearch.com

 

Medical Adhesives Market Is Anticipated To Grow At A 9.5% from 2014 to 2025: Grand View Research, Inc.

The global medical adhesives market is expected to reach USD 17.02 billion by 2025, according to a new report by Grand View Research, Inc. The growing use of medical adhesives in dental and medical device & equipment segment is anticipated to strengthen the market growth.

Medical adhesive applications have witnessed significant growth in the past few years and the growth is anticipated to trigger in the forthcoming years. Adhesives are likely to register growth in disposable medical devices market due to improved processing procedures and technology IES. Dental appliances and curing equipment play a significant role in the design and manufacturing of the medical equipment. The rising population and improvements in medical practices are expected to continue to fuel the growth of medical adhesives including catheters, implants, and drug-delivery systems.

The growth in Asia Pacific is likely to outpace the growth in the U.S. and Europe. The region is projected to register a CAGR of 9.9% over the forecast year as a large number of manufacturing companies have shifted to this region. Dental adhesives, used for medicinal and dental apparatus fabrication, accounted for approximately USD 2,241.97 million in 2016.

Among dental applications, medical device & equipment, dental, internal & external medical applications accounted for over 85% demand in 2016. The rapid growth is foreseen for dental end-use applications with fast growth estimated in smaller segments such as tissue bonding application that is correlated with periodontal care.  Cyanoacrylate-based medical adhesive is likely to penetrate both internal & external medicinal uses based on the commercialization of innovative grades with improved flexibility and biocompatibility.

Browse full research report on Medical Adhesives Market: www.grandviewresearch.com/industry-analysis/pet-wearable-market                                             

Further key findings from the report suggest:

  • The global medical adhesives market was valued at USD 7.59 billion in 2016 and is expected to progress at a CAGR of 9.5% from 2017 to 2025
  • Water-based segment dominated the market in 2016 followed by solvent-based segment
  • Dental was the largest application segment in 2016 and the trend is expected to continue over the forecast period. The segment is expected to register 9.9% CAGR in the coming years.
  • Asia Pacific is anticipated to be the fastest-growing segment at a predicted CAGR of 9.9% from 2017 to 2025
  • Increasing demand from healthcare industry is projected to drive the regional market in Asia Pacific
  • Some of the major players in the industry include H.B. Fuller; 3M Company; Ashland; The DOW Chemical Company; Bostik Ltd. (An Arkema Company); Henkel AG & Co. KGaA; Ethicon (Johnson & Johnson) ; Chemence Ltd.; Cohera Medical, Inc.; and Avery Dennison Corporation

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/plastics-polymers-and-resins                                      

Grand View Research has segmented the global medical adhesives market on the basis of resin type, technology, application, and region:

Resin Type Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

  • Acrylic Adhesive
  • Polyurethane
  • Cyanoacrylate
  • Epoxy
  • Silicone
  • Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

  • Water-based
  • Solvent-based
  • Hot Melt
  • Others

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

  • Dental
  • Medical Device & Equipment
  • Internal Medical Application
  • External Medical Application
  • Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • The Middle East & Africa
  • Central & South America

Access Press Release By Grand View Research: www.grandviewresearch.com/industry-analysis/medical-adhesives-market                                                         

About Grand View Research:

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

For more information: www.grandviewresearch.com

Automotive Tinting Film Market Is Projected To Grow Rapidly Due To Increasing Installation Of Tinting Films On Windows And Windshields Till 2025: Grand View Research, Inc.

 

The global automotive tinting film market is expected to reach USD 4.48 billion by 2025, according to a new report by Grand View Research, Inc. The increasing installation of tinting films on windows and windshields is expected to drive the market growth.

Rapid expansion of automotive sector in China, Japan, and Argentina is expected to trigger consumption of tinting films over the forecast period. Increasing consumer disposable income coupled with technological advancements such as the advent of bio-based polyester films is expected to fuel market growth.

The benefits offered by the product include heat protection, protection against harmful UV rays, glare, and improved vehicle aesthetics. Growing consumer awareness regarding the benefits along with recovery of automotive industry across the globe is expected to drive demand.

Tinting films help in reducing solar heat gain & winter heat loss and maintain sustainable & comfortable environment. In addition, the use of Ultra Violet-A filtering tinting films reduce the risk of skin cancer & skin damage. Environmental benefits offered by product along with rising safety concerns among consumers is expected to drive growth.

U.S. automotive tinting film market revenue by application, 2014 – 2025 (USD Million)

us-automotive-tinting-film-market.png

Browse full research report on Automotive Tinting Film Market: Http://Www.Grandviewresearch.Com/Industry-Analysis/Automotive-Tinting-Film-Market               

Further key findings from the report suggest:

  • Window tints installed on the windshields block around 43% heat and 99% UV rays, which is expected to augment product demand. Windshields application segment is projected to account for 60.2% by 2025.
  • Passenger cars accounted for 66% of global tinting film industry in 2016 on account of the growing demand for window tints in premium passenger cars to protect center console and automotive electronics from heating
  • LCVs are expected to denote a CAGR of 5.3% owing to the use of the vehicles for home deliveries and improvements in trade and transportation in developed economies of North America and Europe
  • North America accounted for the largest revenue share in 2016 on account of growing demand for window tints in windshields to enhance glare protection for improved clarity while driving
  • China accounted for the largest revenue share in Asia Pacific and expected to grow at a predicted CAGR of 6.1% on account of growing demand for luxury cars coupled with increasing installation of colored tints in the country
  • Companies including 3M and Eastman have goodwill in the industry, which gives them an added advantage over local manufacturers in expanding the distribution network to maintain competitive prices

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins                   

Grand View Research has segmented the global automotive tinting film market on the basis of application, vehicle type, and region:

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Windows
  • Windshields

Vehicle Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicle (HCVs)

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • U.K
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa

 

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-tinting-film-market                                   

About Grand View Research:

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

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

 

Carbon Black Market To Experience Lucrative Growth Due To High Demand For Plastics & High Performance Coatings In Automotive Manufacturing Till 2025: Grand View Research, Inc.

 

The global carbon black market is expected to reach USD 28.05 billion by 2022, according to a new report by Grand View Research, Inc. Increasing automotive sales and consequent rise in tire production is expected to drive industry growth over the forecast period.

High demand for plastics and high performance coatings in automotive manufacturing is also expected to have a positive influence on the market growth. Carbon black provides electrical conductivity and antistatic properties to many plastic products ranging from insulation materials to highly conductive areas.

Policies aimed at reducing GHG emissions during carbon black production processes may hamper growth trajectory over the forecast period. Since the production process is highly energy intensive, optimization of processes and greener & sustainable alternatives are paramount to tackle such issues in future.

U.S. carbon black market volume by application, 2012 – 2022 (Kilo Tons)

carbon-black-market.png

Browse full research report on Carbon Black Market: http://www.grandviewresearch.com/industry-analysis/carbon-black-market                       

Further key findings from the report suggest:

  • Global carbon black market demand was 11.99 million tons in 2014 and is expected to reach 16.40 million tons by 2022, growing at a CAGR of 3.9% from 2015 to 2022
  • Tires were the leading application segment and accounted for over 70% of the overall volume in 2014. Increasing passenger car sales and a robust aftermarket and OEM sectors of automotive industry are expected to drive tire production, thereby increasing carbon black consumption over the forecast period.
  • Plastics are expected to be the fastest growing application segment at a CAGR of 4.3% from 2015 to 2022. Increasing usage of specialty grades for improving electrical conductivity, better UV resistance and antistatic properties in plastics is expected spur growth.
  • Asia Pacific dominated the global market with demand share estimated 54.8% in 2014. Increasing carbon black demand in plastics, general rubber goods and tire manufacturing particularly from emerging economies of China, India, and Indonesia is expected to drive the regional market over the forecast period. Mature markets of North America and Europe are characterized by increasing regulatory intervention to reduce greenhouse gas emissions during carbon black production.
  • The industry has a presence of large multinational corporations who have integrated their operations, i.e., from feedstock to carbon black production. Compared to independent manufacturers, these companies enjoy a distinct advantage of cutting down on raw material procurement costs.
  • Key players in the global carbon black industry include OJSC Kremenchug, OMSK Carbon Group, Tokai Carbon Co. Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon, Asahi Carbon Co. Ltd., Atlas Organic Pvt. Ltd., Continental Carbon, OCI Co. Ltd., Birla Carbon and Cabot Corp.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins             

Grand View Research has segmented the carbon black market on the basis of application and region:

Global Carbon Black Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)

  • Tires
  • High Performance Coatings
  • Plastics
  • Others

Global Carbon Black Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)

  • North America
    • U.S
  • Europe
    • UK
  • Asia Pacific
    • China
  • Latin America
    • Brazil
  • Middle East & Africa
    • UAE

 

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

About Grand View Research:

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

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