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)

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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

 

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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)

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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

 

Phenolic Resins Market To Witness Growth Gaining Popularity Due To Rising Sustainable Insulation & Engineered Wood Products Till 2025: Grand View Research

 

The global phenolic resins market is projected to reach USD 16.0 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancements have fostered the development of unique heat shields with ablative phenolics for aerospace applications, leading to greater market share in recent years.

Development of lignin and corn-based renewable feedstock have also presented new growth avenues in the industry. Increasing awareness regarding resource conservation and the implementation of stringent sustainability standards has positively impacted green materials demand, encouraging manufacturers to integrate such raw materials into their products.

Technological advancements have fostered novel processing methods that conserve greater amount of resources while producing phenolics, compelling new entrants to invest high in capital funds to maintain competitive margins in the industry.

Novolac emerged as the dominant product segment, occupying nearly 50% of the volume share in 2015. These resins are increasingly being designed for use as hardeners or curing agents in epoxy applications to meet the demand for laminates, adhesives, molding materials, and coatings. The segment is expected to grow at around 5.2% CAGR from 2016 to 2025.

U.S. phenolic resins market revenue by product, 2014 – 2025 (USD Million)

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Browse full research report on phenolic resins market: http://www.grandviewresearch.com/industry-analysis/phenolic-resins-market                       

Further key findings from the report suggest:

  • Resols are expected to grow at a high CAGR of 5.7% in terms of volume from 2016 to 2025
  • Solid resins are expected to remain a dominant sub-segment within resols, accounting for nearly 80% of the revenue share in 2015. The product is available in lumps, granular or powder form and is widely utilized as coatings, laminates, adhesives and other products
  • Wood adhesives are expected to remain the dominant application for phenolics, with high demand generated from the furniture, woodworking and construction industries
  • Molding compounds are likely to remain the fastest-growing application, with over 6% CAGR from 2016 to 2025. Growing petrochemicals industry, in China and India, is crucial to their application in manufacturing electrical equipment with enhanced efficiency and mechanical strength
  • Asia Pacific was the largest consumer since the region is home to major end-use industries such as construction, electronics and automotive which are expanding at an exponential pace themselves
  • Key companies operating in the industry are BASF SE, Momentive Specialty Chemicals, Sumitomo Bakelite Co. Ltd., Georgia-Pacific Chemicals, and Kolon Industries Inc. Other major participants may be listed as Owens Corning, Arclin Inc., Olympic Panel Products LLC, Ashland Inc., DIC Corporation, and Hexcel Corporation

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 phenolic resins market on the basis of product, application & region:

Phenolic Resins Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Novolac
  • Resol
  • Others

Phenolic Resins Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Wood Adhesives
  • Molding Compounds
  • Insulation
  • Laminates
  • Paper Impregnation
  • Coatings
  • Others

Phenolic Resins Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia
  • Latin America
    • Mexico
    • Brazil
  • Middle East & Africa (MEA)
    • Saudi Arabia

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-phenolic-resins-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

 

Blow Molded Plastics Market To Experience Lucrative Growth Due To The Enhanced Demand In Construction, Automotive & Packaging Till 2025: Grand View Research, Inc.

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc. The global blow molded plastics industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors.

The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries.

These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments owing to their lubricity, flexibility, increased strength and stiffness, and various product characteristics (flame-retardant, UV stability, availability in numerous colors, and antioxidant). This trend is anticipated to drive global market growth over the forecast period. Reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in construction and automotive sectors.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2016. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology.  Hence, it is expected to be the largest technology segment in the next eight years as it is used to manufacture plastic products for several end-use industries.

U.S. blow molded plastics market volume, by technology, 2014 – 2025 (Kilo Tons)

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Browse full research report on Blow Molded Plastics Market: http://www.grandviewresearch.com/industry-analysis/blow-molded-plastics-market  

 Further key findings from the study suggest:

  • The global blow molded plastics demand was 68.13 million tons in 2016 and is estimated to grow at a CAGR of 3.6% from 2017 to 2025
  • Polyethylene was the largest product segment in 2016. PE compounds are dominantly used across various industries and have been an integral material for packaging industry. Apart from the packaging sector, the UHMWPE finds application in manufacturing high performance medical devices
  • Acrylonitrile butadiene styrene (ABS) to emerge as the fastest growing product segment owing to increasing demand form the automobile industry
  • Asia Pacific accounted for over 30% of the overall volume in 2016. China blow molded plastics market to witness a growth of 6.1% to reach a net worth of USD 30.62 billion by 2025.
  • Major resin manufacturers currently operating in the market include Dow Chemical Company, Sabic, ExxonMobil, LyondellBasell and Sinopec. They account for less than 40% of the overall global annual output
  • Favorable federal regulations by agencies such as EPA, NHSTA, CARB, and SEPA regarding carbon emissions along with EU initiatives to develop blow molding applications for manufacturing light and fuel-efficient cars are likely to boost global market growth

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-blow-molded-plastics-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

Purging Compound Market Is Predicted To Grow Swiftly Due To Increasing Demand For Plastic Industry Till 2025: Grand View Research, Inc.

 

The global purging compound market is expected to reach USD 707.9 million by 2025, according to a new report by Grand View Research, Inc. The growing plastic processing machinery industry in Asia Pacific is anticipated to be a major driving force triggering market growth.

Injection molding segment has been observing noteworthy growth in the purging compound industry. The growing demand for the mass production of various injection molded parts from end-use industries such as automotive is likely to have a positive impact on the demand for purging products in the industry.

Fluctuating raw material prices are predicted to be the major restraints during the forecast period due to volatility associated with world oil price and production. In addition, the high prices of purging compound are expected to restrain the market growth.

Companies have been adopting various strategies including expansions, acquisitions, mergers, agreements, and joint ventures. For instance, in September 2017, the Dow Chemical and DuPont merged to form Dow DuPont in order to enhance their product offerings and solutions.

U.S. purging compound market revenue, by process, 2014 – 2025 (USD Million)

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Browse full research report on Purging Compound Market: http://www.grandviewresearch.com/industry-analysis/purging-compound-market

 Further key findings from the study suggest:

  • Injection molding segment is projected to register the fastest CAGR of 6.8%, in terms of revenue, from 2017 to 2025 on account of high demand for the product from the plastic processing machinery market
  • Extrusion segment appeared as the major process in 2016 in the U.S. market and is expected to denote a CAGR of 4.9% over the forecast period, in terms of revenue, on account of the growing automotive, construction, and packaging industries
  • Mechanical segment accounted for the major market share of 50.0% in 2016 and is predicted to witness significant growth from 2017 to 2025. The compounds are highly effective in the removal of pollutants and safe to use.
  • Central & South America accounted for a market share of 11.1% in 2016 in terms of revenue. The region is anticipated to witness considerable growth from 2017 to 2025 due to the growing demand from the construction and automotive industries in Brazil and Argentina.
  • The Asia Pacific purging compound market is likely to expand at the fastest CAGR, in terms of revenue, over the forecast period owing to the growing demand for the product from economies including China, Japan, and India
  • Competitors have been implementing various approaches to strengthen their position in the market. Expansions and acquisitions are the key strategies adopted by market players over the past years. For instance, Formosa Plastics Corporation constructed a new polypropylene manufacturing line in the U.S. to increase its production capacity.

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-purging-compound-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

 

Medical Plastics Market To Gain Demand Quickly Due To The Rapid Growth Of The Pharmaceutical Industries Till 2025: Grand View Research, Inc.

 

The global medical plastic market size is expected to reach USD 33.6 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for sterilized plastics for use in the medical industry is expected to emerge as the major factor driving market growth.

The market exhibits an abundance of raw material supply with a large volume of raw material production across North America, Europe, and Asia Pacific. The industry is characterized by the consumption of premium quality high priced products used in the manufacture of healthcare products such as catheters, surgical instruments, and syringes.

The industry is driven by the global population growth, increasing access to the consumers towards healthcare services, primarily in the developing economies, and growing substitution of the metal parts in surgical components. In addition, development of advanced materials with improved strength and performance is expected to benefit the market growth

The industry is characterized by extensive regulations enforced regarding the performance of the products in medical devices. In addition, the industry is expected to be affected by the rejection of Polyvinyl chloride due to concerns regarding the effects the product usage on human health.

Price volatility triggered by spike and decline in the price levels of crude oil is major factor impacting market growth. In addition, increasing demand for the product in alternate applications is expected to pose a threat to the growth, though the effect is likely to be subdued by the growing product adoption over the forecast period.

U.S. medical plastics market revenue, 2014 – 2025 (USD Million)

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Browse full research report on Medical Plastics Market: http://www.grandviewresearch.com/industry-analysis/medical-plastics-market

Further key findings from the report suggest:

  • The demand for the product in medical components such as syringes, surgical device components, gloves, and catheter tubing is likely to drive the segment growth at a CAGR of 6.9% by revenue from 2017 to 2025
  • Polypropylene is expected to emerge as the fastest growing plastic for medical packaging, registering a CAGR of 9.2% from 2017 to 2025 driven by superior barrier properties and ease of sterilization
  • The industry in Asia Pacific was estimated to account for 24.5% of the global revenue in 2016 driven by the growth in consumer healthcare spending coupled with high levels of medical tourism primarily in China and India
  • The companies in the industry are involved in the production premium quality plastic composites used for specialized applications in order to achieve a high degree of product differentiation
  • The industry is witnesses a large number of investments in research and development for the production of advanced plastics. The development of premium engineered plastics is expected to drive the market growth

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-medical-plastics-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

 

Styrenic Block Copolymer Market Is Projected To Grow Rapidly Due To Rising Usage In Paving & Roofing, Footwear, Adhesives & Sealants Industries Till 2024: Grand View Research, Inc.

The global styrenic block copolymers (SBCs) market is expected to reach USD 10.22 billion by 2024, according to a new report by Grand View Research, Inc. Increasing consumption of advanced materials in building & construction to meet structural requirements is a key factor propelling the use of polymer modified bitumen and high-performance plastics. Structural applications requiring lightweight and strength are composed of copolymers as reinforcing agents as opposed to traditional metals.

Furthermore, regulations by several governments to promote sustainable construction practices as means to reduce building waste and energy utilization are likely to influence SBC consumption trends. Paving & roofing application accounted for nearly 30% of the global volume in 2015.

The shift in trend towards developing alternative routes for production using bio-based raw materials is expected to influence industry dynamics with manufacturers shifting towards greener products. They are recyclable and reusable, which has enabled the substitution of PVC’s, rubber, and other conventional material.

U.S. Styrenic Block Copolymers (SBCs) Market Revenue By product, 2014 – 2024 (USD Million)

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Browse full research report on Styrenic Block Copolymer Market: http://www.grandviewresearch.com/industry-analysis/styrenic-block-copolymers-sbcs-industry

Further Key Findings From the Study Suggest:

  • The global styrenic block copolymers market demand was over 1.95 million tons in 2015 and is expected to grow at a CAGR of 4.7% to reach up to 3.0 million tons
  • SBS was the highest consumed product with its key applications ranging from paving & roofing to adhesives & sealants. The product was globally valued at over USD 4.24 billion in 2015
  • Footwear, polymer modification, and adhesive applications collectively accounted for nearly 60% of the overall SBS volume in 2015
  • Increasing SBS demand in the modification of polymers such as ABS, high impact polystyrene, EVOH, polyolefins, and bulk molding compounds as a means to impart impact strength, durability, and flexibility to drive penetration in future
  • Asia Pacific was the dominant consumer and accounted for over 45% of the overall volume in 2015. The region is characterized by favorable outlook on end-use industries
  • Strong growth in the manufacturing and construction sectors are touted to drive demand for adhesives, sealants, cable wires, and high performance plastics in the region. This trend is expected to benefit the consumption of styrenic copolymers in Asia Pacific
  • Key companies with global operations include Asahi Kasei, Chevron Philips, LG Chem, Dynasol Elastomers, Momentive Specialty Chemicals, Eastman, Kraton Performance Polymers, INEOS Styrolution, and BASF SE. There is a significant presence of integrated companies in the industry who are actively involved raw material production as well

Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-styrenic-block-copolymer-sbcs-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