Friday 30 December 2016

Advanced Phase Change Material Market Will Grow Swiftly Based On Augmented Demand In Building And Construction Industry Till 2020: Grand View Research, Inc.



The global market for advanced phase change material is expected to reach USD 1,765.8 million by 2020, according to a new study by Grand View Research, Inc. Growing need to conserve energy across various industries and sector is expected to be one of the major driving factors for the market. In addition, stringent regulations imposed on various industries to reduce green house gases emission has also helped in developing the market for advanced phase change material. Consumption of APCM is expected to reduce the overall demand for energy by up to 50% by 2050. However, their high price compared to other insulating materials owing to lack of awareness among the consumers in under developed countries is expected to hinder market growth over the forecast period.
Paraffin APCM material emerged as the leading product and accounted for over half of total market revenue in 2012. Paraffin has high heat storing capacity and are also stable in nature owing to which they are expected to witness significant growth over the forecast period. However, bio-based APCM is expected to be the fastest growing product at an estimated CAGR of 22.5% from 2014 to 2020. Increased preference towards environmental friendly materials mainly in North America and Europe is expected to drive the market for bio-based APCM over the next six years.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/Advanced-Phase-Change-Material-apcm-Industry

Further key findings from the study suggest:
  • Building and construction emerged as the leading application market for APCM and accounted for 25% of total revenue in 2013. Growth of construction industry, mainly in China, India and Brazil is expected to drive the overall market for APCM in this industry. Building and construction along with being the largest market is also expected to be the fastest growing application market for APCM, at an estimated CAGR of 22.7% over the next six years.
  • Application of APCM in energy storage is also expected to gain significant market over the next six years, with global revenue expected to exceed USD 250 million by 2020 at an estimated CAGR of 21.3% from 2014 to 2020.
  • Europe was the largest regional market for APCM and accounted for just over one third of global revenue in 2013. Growing need to conserve energy coupled with stringent regulations to reduce/minimize emission of harmful gases has contributed to the growth of this market. Along with being the largest market, Europe is also expected to be the fastest growing market for APCM, at an estimated CAGR of 21.4% from 2014 to 2020.
  • Some of the major companies operating in the global market for advanced phase change material include Advansa B.V., BASF, Cyropak, Climator Sweden AB, Dow Building Solution, E.I. du Pont de Nemours & Company, Honeywell International, Phase Change Products Pty Ltd., Rubitherm Technologies GmbH and Salca BV.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

For the purpose of this study, Grand View Research has segmented the global advanced phase change material market on the basis of product, application and region:
    • Advanced Phase Change Material Product Outlook, (Revenue, USD Million, 2012 - 2020)
            • Paraffin PCM
            • Salt Hydrate PCM
            • Other PCM
    • Advanced Phase Change Material Application Outlook, (Revenue, USD Million, 2012 - 2020)
            • HVAC
            • Energy Storage
            • Building & Construction
            • Refrigeration
            • Shipping & Transportation
            • Other
    • Advanced Phase Change Material Regional Outlook, (Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • Rest of the World

For press release of this report - http://www.grandviewresearch.com/press-release/global-advanced-phase-change-material-market


Thursday 29 December 2016

Inorganic Scintillators Market Forecast To Reach $491.0 Million By 2025: Grand View Research, Inc.



The global inorganic scintillators market is expected to reach USD 491.0 million by 2025, according to a new report by Grand View Research, Inc. Increasing market penetration of scintillating materials in medical imaging devices is expected to result in propelling market expansion over the forecast period. Cesium iodide and sodium iodide thin film imaging plates have witnessed a surge in demand over the past few years on account of its low cost and superior performance as compared to phosphorus plates.
The increasing trend of using low-cost scintillating materials for the purpose of radiation detection has been a critical factor for growth. The demand for inorganic scintillating materials was USD 324.0 million in 2015. Growing demand for domestic security materials has resulted in pushing the demand for inorganic scintillators market.
The medical imaging sector has also witnessed an increasing trend of using radiation detection materials owing to their superior properties. Emerging economies including India and China are improving their security systems including stations, ports, and airports by installing radiation detection systems.


Further key findings from the report suggest:
·         Oxide compounds product segment is expected to witness the fastest revenue growth at a CAGR of 5.2% from 2016 to 2024. Companies such as Saint-Gobain, Hilger Crystals, and Lambda Photonics are some of the key players investing heavily in oxide based scintillating materials.
·         Lutetium Oxyorthosilicate & Lutetium-Yttrium Oxyorthosilicate material segment is expected to witness the fastest revenue growth at a CAGR of 6.0% from 2016 to 2024. Its superior properties including excellent energy resolution high light output and density have resulted increasing its market penetration over the past few years.
·         Healthcare, security and defense and nuclear power are some of the crucial sectors in the inorganic scintillators market. Increasing need for sophisticated medical imaging equipment and cancer treatment devices has resulted in an overall expansion of the industry.
·         Asia Pacific market was valued at USD 60.4 million in 2015 and is expected to witness significant expansions over the forecast period on account of increasing investment in producing radiation detection materials over the past few years. North America is a key market for scintillating materials owing to the increasing investments in the nuclear power and domestic security sectors.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the global inorganic scintillators market by product, material, end use and region:
Inorganic Scintillators Product outlook (Revenue, USD Million, 2014 - 2025)
·         Alkali Halides
·         Oxide Compounds
·         Rare Earth Metals
Inorganic Scintillators Material outlook (Revenue, USD Million, 2014 - 2025)
·         Sodium Iodide
·         Cesium Iodide
·         Lutetium Oxyorthosilicate & Lutetium–Yttrium Oxyorthosilicate
·         Others
Inorganic Scintillators End use outlook (Revenue, USD Million, 2014 - 2025)
·         Healthcare
·         Homeland Security & Defense
·         Nuclear Power Plants
·         Industrial Applications
Inorganic Scintillators Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    France
·         Asia Pacific
o    China
o    India
·         RoW
o    Brazil

For press release of this report - http://www.grandviewresearch.com/press-release/global-inorganic-scintillators-market

Scratch Resistant PP Compound For Automotive Interiors Market To Gain From Increased Usage In Dashboard And Door Trim Application Till 2024: Grand View Research, Inc.



The global scratch resistant polypropylene (PP) compound for automotive interiors market is expected to reach USD 8.78 billion by 2024, according to a new report by Grand View Research, Inc.
Outstanding mechanical properties, moldability and low cost make PP compounds highly sought after materials in the automotive industry. The growth of these materials in various automotive interior applications strengthens by the improved performance of the PP resins. These materials after compounding with additives such as talc, mica, glass fiber, etc. help impart properties such as scratch resistance, high impact strength which are essential for automotive interior applications.
Customer’s perspective related to aesthetics of vehicles interiors as well as exterior has drastically changed. Today, buyers expect the vehicles to maintain the aesthetic appeal for a larger part of the vehicle lifecycle. These factors are expected to drive the demand for PP compounds in manufacturing dashboard, door trims, etc.
Key market players in collaboration with other participants in the value chain have been developing technologies to manufacture compounds which facilitate easy paintability, low coefficient of thermal expansion and better conductivity. To address environmental issues, developing compounding technology with biomass derived resin is expected to be a key priority for major industry participants.
Major players include BASF SE, LyondellBasell, Evonik Industries, Sumitomo Chemical Co., Ltd., SABIC, Trinseo, A. Schulman, Inc., etc.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/scratch-resistant-polypropylene-pp-compound-market

Further key findings from the report suggest:
·         The global scratch resistant polypropylene (PP) compound for automotive interior market demand was 1.88 million tons in 2015 and is expected to reach 4.11 million by 2024, growing at a CAGR of 9.2% from 2016 to 2024
·         Dashboard was the largest application segment and accounted for 33.8% of total market volume in 2015. It is also expected to witness the highest growth of 9.6% over the forecast period.
·         Asia Pacific was the largest consumer and accounted for 42.9% of global demand in 2015. The increasing automobile production in China, India, Indonesia and Thailand is expected to drive the regional demand.
·         Key players in the market such as Evonik Industries have developed new siloxane based additives for automotive applications which impart permanent scratch resistance
·         Application of polypropylene products for manufacturing instrument panels, thus replacing engineering materials is yet to be completely explored
·         Major market players focus to integrate throughout the value chain, to achieve profitability and also expand their presence in emerging markets 

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the scratch resistant polypropylene (PP) compound for automotive interior market on the basis of application and region: 
Global Scratch Resistant Polypropylene (PP) Compound For Automotive Interior Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         Dashboard
·         Door Trim
·         Pillar Trim
·         Seat Carrier
·         Others
Global Scratch Resistant Polypropylene (PP) Compound For Automotive Interior Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·         North America
o    U.S.
·         Europe
o    Germany
o    France
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
o    Thailand
o    Malaysia
o    Indonesia
·         Middle East and Africa
o    South Africa
·         Central and South America
o    Brazil

For press release of this report - http://www.grandviewresearch.com/press-release/global-scratch-resistant-polypropylene-pp-compound-market

Friday 23 December 2016

Ceramic Filters Market Was Worth USD 831.6 Million In 2014 And Is Expected To Reach USD 2,139.4 Million By 2022: Grand View Research, Inc.



Global Ceramic Filters Market is expected to reach USD 2,139.4 million by 2022, according to a new study by Grand View Research, Inc. Favorable regulations for both water and air filtration across key regions is expected remain a key driving factor for global ceramic filters market. Superior quality and performance over its polymeric counterpart is also expected to have a positive influence on the market growth. Growing awareness regarding clean and safe drinking water has also helped in developing its market. Increasing penetration for various industrial applications including waste water treatment is also expected to impact ceramic filters demand positively.
Ceramic water filters were the leading product segment and accounted for over 55% of total market revenue in 2014. Growth of global waste water treatment industry is expected to drive this segment over the forecast period. Air filters are expected to witness the highest growth of 13.5% from 2015 to 2022.


Further key findings from the study suggest:
  • Global ceramic filters market was worth USD 831.6 million in 2014 and is expected to reach USD 2,139.4 million by 2022, growing at a CAGR of 13.2% from 2015 to 2022.
  • Residential applications dominated the global market and accounted for 41.6% of total revenue in 2014. Growing ceramic filters demand particularly in emerging markets of Asia Pacific and Africa is expected to drive this segment over the forecast period. Industrial applications are expected to witness maximum growth of 13.4% from 2015 to 2022. Rapid industrialization across China, India, Indonesia and Brazil is expected to drive this segment over the forecast period.
  • Asia Pacific was the largest regional market and accounted for over 35% of total revenue in 2014. Rapid industrialization across in emerging markets such as India, China and Indonesia is expected to drive this region over the forecast period. In additon, growing environmental concerns and growing need for potable water can also be attributed for the regional growth. Middle East & Africa is expected to witness the highest growth of 15.5% from 2015 to 2022.
  • Ceramic filters industry participants have been forging partnerships and investing in R&D initiatives with an aim to develop their product portfolio and expand production capacity. Prominent industry participants include Unifrax I LLC, Doulton Ceramics, Ceramic Filters Company Inc., Anguil Environmental Systems Inc., Veolia and 3M Company.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
For the purpose of this study, Grand View Research has segmented the ceramic filters market on the basis of product, application and region:
Global Ceramic Filters Product Outlook (Revenue, USD Million, 2012 - 2022)
·         Ceramic Water Filters
·         Ceramic Air Filters
Global Ceramic Filters Application Outlook (Revenue, USD Million, 2012 - 2022)
·         Residential
·         Commercial
·         Industrial
o    Hot Gas Filtration
o    Oil/Water Separation
o    Bio-filtration
o    Others
Global Ceramic Filters Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
·         Middle East & Africa
·         Central & South America