Polymer Filler Market Is Expected To Grow At A CAGR Of 5.1% From 2016 To 2024: Grand View Research, Inc.

The global Polymer Filler Market is expected to reach USD 62.54 billion by 2024, according to a new report by Grand View Research, Inc. the surge in demand for low-density fillers with better impact strength is likely to propel the market growth. Polymer fillers are likely to emerge as a cheaper alternative to costly plastic resins over the forecast period. Increasing demand for low-cost fillers from various end-use industries in both developed and emerging countries such as the U.S., Germany, India, China, etc. is expected to propel the market growth. 

Stringent regulations pertaining to automotive pollution has forced automotive manufacturers in the U.S. and Europe to use lightweight materials for manufacturing. Development of novel low-density fillers is expected to propel the market growth. 

Inorganic fillers were the leading product segment and accounted for 78.9% of total market volume in 2015. However, organic fillers are expected to witness a brisk growth of 5.6% over the forecast period. Increasing environmental concerns have attracted more industries to opt for organic filers rather than traditional inorganic fillers. Abundant availability along with renewable nature of the natural fibers such as wood, cellulose, etc. is also expected to have a positive impact on the market growth. 

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

Further key findings from the report suggest:

·         Global Polymer Filler Market demand was 31.75 million tons in 2015 and is expected to reach 49.72 million tons by 2024, growing at CAGR of 5.1% from 2016 to 2024

·         Automotive and building & construction collectively accounted for over 40% of total market volume in 2015. Increasing demand for high strength plastic composites in all these end-use industries is expected to drive the market growth. Automotive is also expected to witness the highest growth of 5.9% over the forecast period.

·         Asia Pacific emerged dominated the global market with demand share exceeding 45% in 2015. Burgeoning building & construction industry along with favorable governmental regulations in India, China, Indonesia, and Thailand is likely to drive the regional market. Increasing demand for lightweight polymer composites in the U.S. is expected to propel the North American market over the forecast period. 

·         Key market players include Quarzwerke group, 20 Micron Limited, GCR group, Omya AG, Imerys S.A., Hoffman Minerals, Minerals Technologies, Unimin Corporation, LKAB group. Global polymer fillers industry is fragmented in nature, and the threat of new entrants is high due to lower initial investment. Despite presence of a large number of market players, the value chain is mainly dominated by end-use industries as most of the polymer composites are manufactured considering the application requirements. 

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Grand View Research has segmented the global Polymer Filler Market on the basis of product and end use:

Global Polymer Fillers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014-2024)

•   Organic Fillers 
• Natural Fibers
• Carbon
• Others
• Inorganic Fillers 
• Oxides
• Hydro-Oxides
• Salts
• Silicates
• Metals
• Others

Global Polymer Fillers End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014-2024)

• Automobile
• Building & Construction
• Electrical & Electronics
• Industrial Products
• Packaging
• Others 

Global Polymer Fillers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014-2024)

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

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

Building Thermal Insulation Market To Represent USD 36.9 Billion Opportunity Globally by 2025: Grand View Research, Inc.

The global building thermal insulation market is anticipated to reach USD 36.9 billion by 2025, according to a new report by Grand View Research, Inc. The demand for energy is on a rise in the developed as well as developing countries and so is the price of energy.

Insulating homes help in curbing up to 20% of the regular energy costs as it considerably reduces the cooling and warming prices during summers and winters. All these factors have propelled the demand for thermal insulation market in residential as well as commercial buildings. Re-insulation of old houses provides a lucrative opportunity.

Europe is expected to account for the largest demand owing favorable government regulations. Asia Pacific is anticipated to emerge as the fastest growing region, and China is likely to account for a major share of the market. Other countries in this region such as the Philippines, Indonesia are expected to witness rapid growth in upcoming years.

The market is mature and owing to large numbers of players it is considered to be price sensitive. Implementation of stringent regulation poses a major challenge to most of the market participants but this, in turn, is likely to result in high industry rivalry.

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

Further Key Findings from the Study Suggest:

·         Asia Pacific is expected to gain 1.0% market share by 2025 and is anticipated to grow at highest estimated CAGR of 4.2% during the forecast period

·         Asia Pacific is characterized by high insulation demand in residential and commercial buildings

·         Europe building thermal insulation is expected to grow at an estimated CAGR of 3.5% from 2016 to 2025

·         EU initiatives to promote thermal insulation as a means of energy conservation strategy are expected to support the market growth in Europe

·         Residential construction emerged as the largest segment with 50% of the total market demand in 2015

·         Expanded polystyrene (EPS) is projected to grow at the highest CAGR on account of its exceptional thermal insulation property

·         Expanded polystyrene (EPS) accounted for 29.6% of market share by volume in 2015

·         Influential companies operating in this market include Dow Building Solutions, Owens Corning Corp., Johns Manville Corporation, Huntsman International LLC, CertainTeed Corporation, Kingspan Group PLC, BASF Polyurethanes, Saint-Gobain S.A., etc.

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Grand View Research has segmented the building thermal insulation market on the basis of product, application, end-use and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Glass Wool

·         Mineral Wool

·         EPS

·         XPS

·         Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Roof

·         Walls

·         Floor

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Residential

·         Non-Residential

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Middle East and Africa

·         Central & South America

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

Rare Earth Elements Market Is Expected To Reach USD 10.96 Billion By 2020: Grand View Research, Inc.

The global market for rare earth elements is expected to reach USD 10.96 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for metal catalysts such as Cerium and Lanthanum  is expected to drive the market over the next six years. These metal catalysts find applications across a host of industries including automobiles, metallurgy, phosphors and glass among others. In addition, growing market for permanent magnets is expected to particularly boost the demand for Neodymium.
Certain rare earth elements such as terbium, europium and yttrium find applications in the phosphor industry. Phosphor is a vital component in the manufacturing of LCD screens and CRT displays, the growing electronic industry; particularly in Asia Pacific is expected to increase the demand for these elements. Depleting reserves, stringent regulatory framework, complex extraction and capital intensive nature of the extraction process are expected to be key challenges for market participants over the next six years. Recycling of these elements from waste could prove to be a key opportunity for the market in the near future.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/rare-earth-elements-market

Further Key findings from the study suggest:

·         Cerium dominated the global market and accounted for nearly 40% of rare earth element consumption in 2013, finding a surge in demand as a catalyst. Other predominantly consumed elements include Lanthanum, Neodymium, Praseodymium and Yttrium among others.

• Key applications of rare earth elements include metallurgy, polishing, catalyst and magnets. Magnets and metallurgy was the largest application segment for the market and together accounted for over 40% of consumption in 2013. Metallurgy is expected to witness fastest growth over the forecast period due to the use of elements such as cerium, lanthanum, neodymium and yttrium, which are primarily added to improve physical properties of the metal.

• Asia Pacific was the largest consumer of rare earth elements in 2013, with estimated market revenue of over USD 3.74 billion. The region is also expected to witness fastest growth in terms of consumption, at an estimated CAGR of 11.9 % from 2014 to 2020. Growing industrialization and extraction activities in China are the primary factors responsible for high growth in Asia Pacific.

• North America was the second largest consumer of rare earth elements in 2013 and consumed over 14 kilo tons. However, the region is expected to lose market share to the high growth regions of Latin America, Middle East and Asia Pacific over the forecast period.

• Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co and China Rare Earth Holdings were the largest suppliers of rare earth element in 2013, together accounting for over 33% of total market revenue. Other key companies in the market include Indian Rare Earths Ltd, Molycorp, Great Western Mineral Group and Lynas Corporation Limited among others.

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For the purpose of this study, Grand View Research has segmented the global rare earth elements market on the basis of products, application and region:
• Rare Earth Elements Product Outlook,
        • Cerium
        • Dysprosium
        • Erbium
        • Europium
        • Gadolinium
        • Holmium
        • Lanthanum
        • Lutetium
        • Neodymium
        • Praseodymium
        • Promethium
        • Samarium
        • Scandium
        • Terbium
        • Thulium
        • Ytterbium
        • Yttrium
• Rare Earth Elements Application Outlook,
        • Magnets
        • Catalysts
        • Metallurgy
        • Polishing
        • Glass
        • Phosphors
        • Ceramics
        • Other
• Rare Earth Elements Regional Outlook,
        • North America
        • Europe
        • Asia Pacific
        • RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-rare-earth-elements-market

Insulating Glass Market Is Expected To Reach USD 4.26 Billion By 2025: Grand View Research, Inc.

The global insulating glass market is expected to reach USD 4.26 billion by 2025, according to a new report by Grand View Research, Inc. The rising awareness about energy efficient buildings is expected to drive demand for insulating glass. Insulating glass is a special type of value added product which is installed to keep the environment warmer in winters and cooler during the summer season. The presence of two window panes in one unit aids in providing heat insulation.

The heat transfer by convection, radiation and conduction are decreased by the extra window and air void present in an insulated glass. Nowadays, manufacturers have developed insulation glass with advanced properties such as noise control and enhanced thermal insulation.

The rising demand for green buildings is expected to drive demand for the product. The energy efficiency provided by insulating glass is the major factor driving the demand for this product. The market is majorly concentrated in certain regions around the world. The demand for the product is high particularly in the developing economies of India and Thailand.

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

Further key findings from the report suggest

·         Non-residential construction is the largest application segment growing at a CAGR of 8.0% from 2016 to 2024. The demand in this application segment is expected to reach USD 1.65 billion by 2024.

·         Residential construction is the fastest growing segment in the market as is growing at a CAGR of 8.1%. The demand for reduced air conditioning costs is driving the demand for this product in residential application

·         The demand in Asia Pacific was USD 841.6 million in 2015, accounting for over 40$ of the overall market. Growing demand for the product in China and demand due to its superior properties as well as its ability to reduce air conditioning cost is likely to propel demand

·         The competitive environment is highly consolidated with a few major players dominating the industry. The industry is dominated by major flat glass manufacturers such as NSG (Pilkington), Saint-Gobain and Viracon.

·         The industry participants are engaged in rapid new product development to gain market share as the industry growth is still in its nascent stage. Saint-Gobain recently launched various products such as SGG Nano, SGG Antelio Plus, SGG Cool-Lite.

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Grand View Research has segmented the global insulating glass market on the basis of application and region:
Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         Non-residential construction

·         Residential construction

·         Industrial

·         Others

Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    UK

o    Germany

o    France

·         Asia Pacific

o    China

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

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