Wednesday 27 April 2016

High Temperature Insulation Market Is Poised To Reach USD 5.14 Billion By 2020



Global high-temperature insulation market is poised to reach USD 5.14 billion by 2020. Increasing emphasis on energy conservation across various industries is projected to be one of the major driving forces for the market. Moreover, stringent regulation imposed on metal, cement, and oil & gas to reduce greenhouse gas emission has further augmented the industry growth. However, the carcinogenic content in high-temperature insulation material pose high risk to health, thus is expected to have an adverse impact on growth
Petrochemical application accounted for more than 30% of the market by revenue in 2013. Rising demand for petrochemicals along with the need towards energy conservation is likely to propel demand for the product in the petrochemical industry. Furthermore, stringent regulations emphasizing on workplace safety is expected to impact growth positively.


Global HTI products volume, by application, 2012
high-temperature-insulation-industry 
Further key findings from the report suggest:
·         Demand for HTI materials in petrochemical industry is expected to grow at a CAGR of more than 6% over the forecast period. HTI is also gaining popularity among the powder metallurgy manufacturers. Also, industries such as aerospace, solar equipment, and fire protection industries are also projected to augment the demand for HTI over the forecast period.
·         Ceramic fibers accounted for more than 57% market by revenue in 2013. Rising trends related to replacing asbestos lining in furnaces and kilns with ceramic fibers is expected to augment market demand over the projected period.
·         Europe accounted for more than 35% market revenue in 2012. Stringent regulations to reduce GHC emission in Europe are expected to be a key driving factor for the regional market. The demand for HTI product in Europe is primarily dependent on imports from Asia. North America and Asia Pacific also contributed to the significant demand for HTI over the forecast period. Positive regulatory scenario related to improving workplace safety is expected to propel demand over the projected period.
·         However, European and North American markets have reached saturation and supposed to grow at a sluggish rate. In contrast, Latin America and Asia Pacific region are poised to witness substantial growth owing to rapid industrialization in Brazil, China, and India. Asia Pacific region is poised to grow at a CAGR of more than 8.5% over the forecast period.
·         Asia Pacific accounted for more than 46% of total production in 2012. Support from the government along with low manufacturing cost is expected to boost production of HTI materials in the region. Asia Pacific exports the majority of the HTI material manufactured in the region to North America and Europe.
·         Some of the major players in HTI market are Isolite, Skamol, Promat, Zircar, and Pyrotek. Thermal Ceramics and Unifrax dominate the global HTI market. Thermal Ceramics and Unifrax together accounted for over one-third of the total industry in 2012.



Grand View Research has segmented the global high temperature insulation market on the basis of product, application and region:
High Temperature Insulation Product Outlook,
·         Ceramic Fiber
·         Insulating Firebrick 
·         Calcium Silicate 
·         Other 
High Temperature Insulation Application Outlook,
·         Petrochemicals
·         Ceramics
·         Glass
·         Cement
·         Iron & Steel 
·         Refractory
·         Powder metallurgy
·         Aluminum
·         Others
High Temperature Insulation Regional Outlook,
·         North America
·         Europe
·         Asia Pacific
·         Rest of the World

Tuesday 26 April 2016

Liquid Applied Membrane Market Hits USD 6.92 Billion By 2022: Grand View Research, Inc.



The global liquid applied membrane market is expected to reach USD 6.92 billion by 2022, according to a new report by Grand View Research, Inc. Technical advancements in liquid applied membrane, when compared to traditional systems, allow benefit in terms of cost reduction, better planning, and overall concrete protection. Liquid applied membranes have immense market potential on account of flexibility, making them ideally suited for application in water and waste management systems.
European Commission announced favorable prices governing the production of natural based polymer products such as biopolymers, thereby enabling major players in the liquid applied membrane market to provide environment-friendly solutions. Developing markets of Asia Pacific and Europe are expected to account for over 50.0% share in global waste and water management industry, further augmenting market demand for liquid applied membrane. Governments of various developing and developed nations have comprehended the dual need for infrastructure development, coupled with sustainability and durability. This is driving the demand for green buildings, consequently generating a vast market opportunity for the liquid membranes market.


U.S. liquid applied membrane market revenue, by application, 2012-2022 (USD Million)
U.S. liquid applied membrane market 
Further key findings from the report suggest:
·         Cementitious membrane accounts for a significant share owing to increased availability of polymer reinforced membranes which allow superior quality at affordable cost. These membranes can withstand high negative as well as positive hydrostatic pressure and provide excellent bonding to concrete, which facilitates high-quality waterproofing. The segment is expected to grow at a CAGR of 6.4% from 2015 to 2022.
·         Polyurethane membrane is expected to witness rapid growth in demand on account of its superior properties including ease of application, resistance to UV radiation, water vapor permeability, easy repair & maintenance, and high mechanical strength. Companies have been increasingly developing polyurethane based membranes to meet rapidly growing demand. These accounted for over 12.0% of the global market in 2014 in terms of revenue.
·         Roofing application dominated the market in 2014 and accounted for over 28.0% of total revenue share. Excellent physical and chemical properties of liquid applied membrane coupled with rapid infrastructural development worldwide are expected to increase penetration in this segment over the forecast period.
·         Residential segment is expected to be the major end-use on account of rising urban population and increasing infrastructure investment by governments. Asia Pacific is expected to witness rapid growth in this segment on account of growing trend of nuclear families in the region.
·         Asia Pacific market demand was over 250.0 million square meters and is expected to rise on account of increasing requirement to an elongate life of building structures and protect the infrastructure during severe environmental conditions. Governments have been investing increasingly in the protection of historical monuments which is expected to propel growth over the forecast period. In addition, increasing urban population in the region is expected to facilitate residential construction, thus driving demand for the product over the forecast period.
·         Europe accounted for over 30.0% of the global market size and is expected to witness significant growth over the coming years. The revival of European construction industry with rapid growth in demand from the UK, Germany, and Nordic countries is expected to propel liquid applied waterproofing utilization in the region over the forecast period. The construction industry in Eastern European countries including Hungary, the Slovak Republic, and Poland has also witnessed moderate growth over the past years and is expected to have a positive impact on liquid applied membrane demand over the next seven years.
·         Key market players highly rely on R&D for new product development to sustain competition. The other major strategies include joint ventures and acquisitions & mergers. In April 2014, INGE GmbH, a subsidiary of BASF SE, entered into a strategic, contractual agreement with Aquasource to synergistically improve their waterproofing solutions. In August 2013, Pidilite Industries Ltd. acquired Suparshva Business Limited to expand its adhesive business.


Grand View Research has segmented the global liquid applied membrane market on the basis of product, application and region:
Global Liquid Applied Membrane Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
·         Cementitious
·         Bituminous
·         Polyurethane
·         Others
Global Liquid Applied Membrane Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
·         Roofing
·         Walls
·         Building Structures
·         Landfills & Tunnels
·         Others
Global Liquid Applied Membrane End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
·         Residential
·         Commercial
·         Industrial
·         Public Infrastructure
Global Liquid Applied Membrane Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
·         North America
·         U.S.
·         Europe
·         Germany
·         UK
·         Asia Pacific
·         China
·         India
·         Latin AmericaMiddle East & Africa
·         Brazil

Thursday 21 April 2016

Coated Fabrics Market Is Expected To Grow At A CAGR Of 3.8% From 2014 To 2020: Grand View Research, Inc.



The global market for coated fabrics is expected to reach USD 22,576.7 million by 2020, according to a new study by Grand View Research, Inc. Coated fabrics market is expected to witness rapid growth due to positive outlook on application markets and product innovation. Increasing growth in automotive industry is also expected to boost the coated fabrics market over the forecast period. Rising demand for protective clothing due to its wide application in food processing, agriculture, chemical processing is expected to fuel the market growth of coated fabrics. The global construction industry has seen a steady recovery over the last three years, enhanced infrastructure spending, particularly in Brazil, China and India is expected to be mirrored in the demand for coated fabrics.
Transportation was the largest application segment for coated fabrics, accounting for nearly 1,183 million square meters of total demand in 2013, due to their increasing use in airbags. Upturn in automotive production, especially in emerging markets of India, China and Brazil is expected to be a key factor for market development over the next six years. Protective coatings accounted for coated fabric demand of 526.7 million square meters in 2013, owing to its favorable insulation and thermal management properties.


Further key findings from the study suggest:
  • Global coated fabrics demand was 3,400.2 million square meters in 2013 and is expected to reach 4,400.0 million square meters by 2020, growing at a CAGR of 3.8% from 2014 to 2020.
  • Asia Pacific was the largest regional market for coated fabrics, with revenue exceeding USD 7,600 million in 2013. It is further expected to grow due to surging population, increasing automotive demand and growing infrastructure spending. In addition, Asia Pacific is also expected to witness fastest growth, at an estimated CAGR of 5.1% from 2014 to 2020.
  • North America and Europe are expected to witness demand growth at an estimated CAGR of 3.5% and 3.2% from 2014 to 2020, respectively.
  • Polymer coated fabric accounted for over 85% of market share of coated fabrics in 2013, due to its wide use in automotive, personal protective clothing, healthcare and furniture applications. It is expected to witness demand growth at an estimated CAGR of 3.9% from 2014 to 2020.
  • The global coated fabrics market is fragmented and includes players such as Omnova Solutions, Saint-Gobain S.A., Spradling International Inc., Takata Corporation, Trelleborg AB, ContiTech AG and Isotex S.p.A.


For the purpose of this study, Grand View Research has segmented the global coated fabrics market on the basis of production, application and region:
Coated Fabrics Product Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
            • Polymer coated fabrics
            • Rubber coated fabrics
            • Fabric backed wall coverings
Coated Fabrics Application Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
            • Transportation
            • Protective clothing
            • Industrial
            • Furniture
            • Others
Coated Fabrics Regional Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

Wednesday 20 April 2016

Graphene Market Forecast Worth $74.8 Million By 2022: Grand View Research, Inc.



The global graphene market is expected to reach USD 74.8 million by 2022, according to a new report by Grand View Research, Inc. Rising consumer awareness regarding the unique properties of graphene, which are likely to open new opportunities for technological advancement, is expected to drive demand. Emerging economies including China and India are expected to witness a significant growth over the forecast period on account of growing demand from multinational companies for the purpose of research and development.
Graphene nanoplatelets are expected to witness significant gains on account of their wide use in various industries including electronics, aerospace, medical and energy storage & generation. Over the past few years, the market has witnessed a sudden increase in demand from various companies and institutions for the purpose of research and development of the product.Demand is likely to reach 1,321.1 tons by 2022, growing at a CAGR exceeding 22.0% from 2015 to 2022.


U.S. graphene market volume, by product, 2012 - 2022 (Tons)
U.S. graphene market 
Further key findings from the report suggest:
·         Energy is a high potential sector for graphene and continuous innovation in development of the product will help in generating energy from renewable sources. The segment is anticipated to generate revenues worth USD 10.2 million in 2022.
·         Europe graphene oxide market was valued at USD 4.8 million in 2014. The region is expected to witness a strong demand for these products owing to its applications in sensors, touch screens and displays. Growing demand for advanced electronics, particularly for academic and research purposes, is expected to propel growth.
·         North America dominated the global market accounting for 34.2% of the overall volume in 2014. Positive manufacturing industry outlook in the U.S. in light of increasing focus on research &development coupled with favourable government initiatives to attract investments is expected to have augment market.
·         Electronics was the largest application segment in 2014 and accounted for over 40% of global market volume. The market is expected to witness significant growth at a CAGR of 23.1% in terms of volume from 2015 to 2022, owing to increasing demand from optoelectronics, communication and defence electronics systems.
·         Key industry players including XG Sciences, Inc., Vorbeck Materials, Haydale Graphene Industries PLC, Graphene Laboratories, Inc., Graphenea SA, Grafoid Inc., Graphensic AB, Graphene Square, and Directa Plus are expected to expand their business presence over the forecast period. Other key industry participants including Graphene Technologies, Thomas Swan & Co., Ltd., Angstron Materials, Inc., ACS Material, LLC, CVD Equipment Corporation, and BGT Materials Limited are investing heavily in research and development for graphene based products.In November 2015, Angstron Materials, Inc. increased its annual production capacity from 300 tons to 1,000 tons.

Browse All Reports of this category @ http://www.grandviewresearch.com/industry/nanoparticles

Grand View Research has segmented the global graphene market on the basis of product, application and region:
Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
·         Graphene nanoplatelets
·         Graphene oxide
·         Others
Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
·         Electronics
·         Composites
·         Energy
·         Others
Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
·         North America
·         U.S.
·         Europe
·         Spain
·         U.K.
·         Asia Pacific
·         China
·         India
·         RoW