Technical Textiles Market Is Expected To Reach 35.47 Million Tons By 2022, Growing At A CAGR Of 3.7% From 2015 To 2022: Grand View Research, Inc.

The global technical textiles market is expected to reach USD 193.16 billion by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as agriculture, construction, packaging and automotive in BRIC nations is expected to remain a key driving factor for global technical textiles market. Being one of the most innovative branches of industry across the world is expected to create new avenues for market participants. Introduction of environmental regulations on conventional petroleum based technical textiles usage directly impacted the global market. Technical textiles are used in almost all modern industries including furniture, automotive, footwear, textiles and others.
3D weaving was the leading technology and accounted for 25.2% of total market volume in 2014. Nanofiber is expected to witness the highest growth of 4.1% from 2015 to 2022. Growth of nanotechnology across various end-use industries is expected to drive this segment over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/technical-textiles-market

Further key findings from the report suggest:

• Global technical textiles market demand was 26,58 million tons in 2014 and is expected to reach 35.47 million tons by 2022, growing at a CAGR of 3.7% from 2015 to 2022
• Mobiltech was the leading application segment and accounted for 15.2% of total market volume in 2014. Growing demand for high performance materials from automotive industry is expected to remain a key driving factor for this segment over the forecast period.
• Meditech, is expected to witness the highest growth of 4.6% from 2015 to 2022. Increasing healthcare expenditure in China and India coupled with presence of sophisticated healthcare infrastructure in most parts of Europe and North America is expected to drive this segment over the next seven years.
• Asia Pacific dominated the global technical textiles market with demand share exceeding 45% in 2014. Growing industrialization, increasing access to medical care and huge infrastructure spending particularly in China, India, Indonesia and Thailand is expected to drive regional growth.
• Technical textiles have higher production cost as these are manufactured from advanced superior raw materials. Basic textiles use natural and synthetic raw materials in their manufacturing process. However, wide range of applications gives the overall market an upper hand in terms of competitive analysis.
• Global technical textiles market is dominated by top multinational corporations which are present across the value chain. Major companies have been investing in R&D to avoid volatile petroleum prices and uncertainty regarding their availability. Frequent joint ventures and strategic partnerships are witnessed which is expected to increase their market share. E.I du Pont de Numours & Company, Avintiv, Kusumgar Corporates, SRF, Ahlstrom, Ibena Textilewerke GmbH, Johnson & Johnson, Procter & Gamble and 3M are some key companies operating in the global market space.

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Grand View Research has segmented the technical textiles market on the basis of technology, end-use and region:
Global Technical Textiles Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Thermo-forming
• 3D Weaving
• 3D Knitting
• Nanofibers
• Heat-set Synthetics
• Finishing Treatments
• Hand-made elements
• Others

Global Technical Textiles End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Mobiltech
• Indutech
• Sportech
• Buildtech
• Hometech
• Clothtech
• Meditech
• Agrotech
• Protech
• Packtech
• Others

Global Technical Textiles Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

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Thermal Interface Materials Market Size Was Valued At USD 1.23 Billion In 2015 And Is Expected To Reach $3.59 Billion By 2025: Grand View Research, Inc.

The global thermal interface materials market is expected to reach USD 3.59 billion by 2025, according to a new report by Grand View Research, Inc. Thermal interface materials are expected to witness substantial gains over the forecast period on account of their increasing usage in automotive, medical and consumer goods applications.
Growing demand for electric vehicles in China and India owing to increasing awareness regarding harmful emissions including CO2, government initiatives and lower operating & maintenance costs will propel market size. Electrification of the automotive along with the introduction of nanodiamonds in the thermal interface materials as they increase the conductivity of the product will create new growth opportunities over the forecast period.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/thermal-interface-materials-market

Further key findings from the report suggest:

·         Medical devices accounted for 10.9% of the overall industry share in 2015. The segment is expected to witness the fastest growth over the next nine years on account of rising demand for nuclear medicine imaging (NMI), MRI, CT scan, X-ray, and ultrasounds as they offer high accuracy for diagnosing a patient’s medical condition. Moreover, growing consumer awareness for early disease diagnosis will propel growth.

·         Elastomeric pads are expected to witness significant rise at a CAGR of 11.6% from 2016 to 2025 on account of its advantages including high thermal conductivity, dielectric strength, and volume resistivity. Increasing consumption in disk drives, chipsets, communication equipment, and general PCB board protection will augment market size over the upcoming years.

·         Increasing demand for consumer durables including washer tops & lids, refrigerators, dryer drums, water heaters, microwave oven cavities, range housings, air conditioner cabinets, vacuum cleaners, dishwashers, and freezer cabinets will stimulate industry development.

·         Europe accounted for 23.8% of the global share in 2015 and is projected to witness gains in light of growing demand for e-bikes in UK, Germany, and the Netherlands. In addition, introduction of hybrid vehicles, presence of a well-established healthcare infrastructure and high adoption of advanced diagnostic technology will fuel market development over the next nine years.

·         Thermal interface materials industry is dominated by major participants including Dow Corning, Henkel AG & Co. KGaA, The 3M Company, Parker Chomerics, Laird Technologies, Indium Corporation, and Momentive. Ongoing product innovation to produce efficient and cost-effective products is expected to lead to industry expansion over the forecast period. In May 2016, Henkel launched low pressure thermal conductive materials “Technomelt TC 50” having excellent heat dissipation functionality

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Grand View Research has segmented the global thermal interface materials market on the basis of product, application and region:
Thermal Interface Materials Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Tapes & films

·         Elastomeric pads

·         Greases & adhesives

·         Phase change materials

·         Metal-based

·         Others

Thermal Interface Materials Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Telecom

·         Computer

·         Medical devices

·         Industrial machinery

·         Consumer durables

·         Automotive electronics

·         Others

Thermal Interface Materials Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

·         Asia Pacific

o    China

o    India

·         Latin America

o    Brazil

·         MEA

For press release of this report - http://www.grandviewresearch.com/press-release/global-thermal-interface-materials-market

Inorganic Scintillators Market Size Was Estimated To Be USD 324.0 Million In 2015 And Is Expected 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.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/inorganic-scintillators-market

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.

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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

APCM Market To Gain From Enhanced Demand In HVAC And Energy Storage Application Till 2022: 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.

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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