Global Market Analysis Report of Chemicals and Materials Industry

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Thursday, 26 November 2020

00:46

Global Low Strength Proppants Market Set to Grow Beyond $5,000.0 Million by 2030

 The global low strength proppants market generated a revenue of $3,713.3 million in 2019 and is predicted to progress at a CAGR of 9.8% between 2020 and 2030. According to the forecast of the market research firm, P&S Intelligence, the market would attain a value of $5,294.8 million by 2030. The rising exploration & production (E&P) activities and rapid technological advancements being made in crude oil recovery are the key factors fueling the expansion of the market across the globe. 

 

North America has historically been one of the biggest contributors to the global oil and gas production and this trend will not change in the coming years. In this region, the U.S. alone accounts for almost 80% of all newly drilled wells. Oil and gas E&P is also gaining traction in Canada, especially with the opening up of the country’s shale reserves for commercial production and exploration. These surging E&P activities are pushing up the demand for low strength proppants.

 

Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/low-strength-proppants-market-outlook/report-sample

 

This is because low strength proppants are heavily used in huge amounts during the hydraulic fracturing process, on account of their ability to augment the flow of oil and gas. The other major factor propelling the advancement of the market is the rising technological advancements being made in crude oil discovery. Many major oil & gas E&P companies in the Asia-Pacific and North American regions are making huge technological investments for enhancing the E&P of new oil and gas reserves. 

 

According to industry experts, energy production will register a huge growth in the U.S. in the near future, which will, in turn, fuel the development of improved and new technologies in order to ensure easy recovery process and high business growth for the organizations operating in the oil and gas industry. Based on end use, the low strength proppants market is categorized into crude oil, shale gas, and coal-bed methane.

Tuesday, 24 November 2020

22:44

Global Retail E-Commerce Packaging Market Predicted to Exhibit Revenue Explosion Between 2020 and 2030

The global retail e-commerce packaging market attained a valuation of $19,022.7 million in 2019 and is predicted to generate a revenue of $68,388.1 million by 2030. According to the estimates of P&S Intelligence, a market research company based in India, the market would demonstrate a CAGR of 12.1% between 2020 and 2030. The surging population across the world and the increasing affordability of internet connections and smartphones are the prominent factors powering the advancement of the market around the world.

 

The soaring population levels across the world are massively pushing up the demand for both consumable and non-consumable goods. This is, in turn, boosting the progress of the market, as these goods are mainly sold via online channels. As per the findings of the United Nations Department of Economic and Social Affairs (UNDESA), the total population of the world was 7.6 billion in 2019. Moreover, the organization found that around 83 million people are added to this number every year.

 

Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/retail-e-commerce-packaging-market-analysis/report-sample

 

This trend is likely to continue in the coming years. This is causing the boom of the e-commerce industry, which is, in turn, propelling the sales of packaging products. The ballooning sales of these products are driving the progress of the retail e-commerce packaging industry. Based on material type, the retail e-commerce packaging market is divided into envelopes, boxes, and others, wherein the others include bubble wraps, tapes and labels, and air cushions. 

 

Globally, the retail e-commerce packaging market registered the highest growth in the Asia-Pacific (APAC) region in the past years and this trend will continue in the future years as well. This would be due to the existence of a large population, the presence of a thriving e-commerce industry, and the growing propensity of the people in this region toward latest technologies. Moreover, according to the India Brand Equity Foundation (IBEF), India will become the second-biggest e-commerce market globally by 2034.

00:31

Global Bromine Market Size, Share, Demand, Growth and Forecast to 2030

 

The widening application areas of bromine compounds would be significant in drafting the growth trajectory of the bromine market during the forecast period of 2020–2030. The market generated $1,864.3 million in 2019, and it is going to grow at a CAGR of 5.7% during the forecast period. The growth will be driven by the adoption of eco-friendly flame retardants, increasing applications of clear brine fluids during the drilling for gas and oil, and usage of bromine compounds to cut down mercury emissions.

 

Different bromine compounds are being widely used during drilling for gas and oil and production of eco-friendly polymeric retardants, which are widely used in plastic and electronics production. Furthermore, owing to the increasing production of renewable power, bromine-based storage technology grids are being widely adopted. Bromine-based technology has surfaced as an economical solution to storing clean energy, which is why the demand for the chemical continues to grow.


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/bromine-market/report-sample

 

The derivative segment of the bromine market is categorized into bromide salts, hydrogen bromide, and organobromide, among which organobromide held the largest share in the market in 2019. This dominance was driven by the large-scale consumption of organobromides — vinyl bromide, styrene bromide, allyl bromide, ethylene dibromide, and propylene bromide — in the manufacturing of solvents, catalysts, flame retardants, pesticides, gasoline, and intermediates for fumigants, organic synthesis, and antiknock agents.

 

The Asia-Pacific (APAC) region dominated the bromine market during the historical period of 2014–2019, due to the high consumption and production of bromine derivates in China. China is witnessing an increasing influx of foreign manufacturers, who are setting up derivative production plants in the country. The rise in the number of manufacturing plants is an outcome of the abundant availability of naturally occurring bromine, consumers, and cost-effective labor. China is driving the APAC market because of the escalating consumption of bromine-based flame retardants during the manufacturing of plastic products, insulation, and electronics.

Monday, 23 November 2020

03:34

Sales of Polytetrafluoroethylene Set to Boom in North America and Europe in Future

With burgeoning sales of electrical and electronics items all over the world, the demand for polytetrafluoroethylene (PTFE) is set to grow rapidly in the coming years. This is because PTFE is extensively used in cable ties, battery binders, brush holders, circuit breakers, connectors, and barb insulators. Moreover, with the rapid growth of the population, the demand for electrical and electronics products will soar, especially in the developing South Asian countries. 

 

PTFE is required in various areas such as cable and wire jacketing, high-voltage encapsulation devices for electrical parts and components, and separation of conductive surfaces in capacitors. In addition to this, PTFE is heavily used in the fabrication of semiconductor devices. As per the Semiconductor Industry Association (SIA), the requirement for semiconductors grew massively in 2018. According to the organization, a shipment of more than one trillion units was shipped in 2018. 

 

Furthermore, the total sales of semiconductors grew by more than 20% in China from 2017 to 2018. Apart from this, the rising adoption of PTFE-based utensils is also fueling the demand for the material. This is, in turn, pushing up the sales of the material, which is subsequently driving the expansion of the global polytetrafluoroethylene market. As a result, the value of the market is predicted to grow from $2,197.8 million to $2,953.6 million from 2019 to 2024. 

 

This is credited to the presence of a thriving automotive industry in the region. The growing popularity of lightweight vehicles in the regional countries such as the U.K., Germany, and France will boost the requirement for PTFE coatings in the future. North America will witness rapid growth in the demand for polymers of fluoroethylene in the future years. This would be a result of the expanding industrial sector and the large-scale industrial activities being performed in the North American countries. 


For view analysis of PTFE Market visit: https://www.psmarketresearch.com/market-analysis/ptfe-market/report-sample

Thursday, 19 November 2020

04:34

Why will Sales of Autoclaved Aerated Concrete Blocks Boom in Asia-Pacific in Future?

The rising urbanization and industrialization in various countries is pushing up the requirement for autoclaved aerated concrete (AAC) blocks. AAC has low cost and great resistance to fire and earthquake and is therefore, widely used in construction activities. As these blocks are available in multiple sizes, their usage brings down the construction time by as much as 20%. Besides rapid urbanization and industrialization, the increasing construction of roadways is also boosting the sales of AAC blocks across the globe.

 

Furthermore, the soaring construction of residential buildings in several countries, on account of the surging population, is causing a sharp surge in the demand for autoclaved aerated concrete blocks. With the escalating pollution and deteriorating air quality levels, the demand for sound-proof and green buildings is growing rapidly all over the world. The production of these substances is very environment-friendly as these materials are made up of non-hazardous ingredients. Moreover, these materials do not emit toxic gases.

 

Due to the above-mentioned factors, the sales of AAC blocks are climbing, which is, in turn, fueling the expansion of the global autoclaved aerated concrete  market. The market valuation is predicted to grow from $4,498.5 million to $8,314.9 million from 2019 to 2030. The market would also advance at a CAGR of 6.0% between 2020 and 2030. Depending on application, the market is divided into road sub-base, bridge sub-structure, concrete pipe, construction material, roof insulation, and void filling. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/autoclaved-aerated-concrete-market/report-sample

 

Globally, the autoclaved aerated concrete market is predicted to exhibit lucrative growth in the Asia-Pacific (APAC) region in the forthcoming years. This would be a result of the growing usage of AAC blocks in construction and infrastructural development activities in countries such as India, Japan, and China. Moreover, the ballooning construction activities such as the rapid development of schools, hospitals, and houses in the regional countries are boosting the market advancement. 

 

Hence, it can be said with full certainty that the demand for AAC would explode all over the world in the years to come, mainly because of the increasing construction and infrastructural development activities in several countries and the rapid construction of sound-proof and green buildings around the world.

Tuesday, 17 November 2020

23:46

Global Agricultural Adjuvants Market Predicted to Generate Over $5,000.0 Million Revenue by 2030

 In 2019, the global agricultural adjuvants market generated a revenue of $3,106.7 million and it is predicted to exhibit a CAGR of 5.5% between 2020 and 2030. Furthermore, the market is predicted to attain a value of $5,485.1 million by 2030. The factors fueling the progress of the market are the surging investments being made in the agriculture sector, the ballooning requirement for agrochemicals, and the increasing demand for food products across the world.


With the soaring population levels in several countries, the demand for food products is skyrocketing. This is subsequently causing a sharp surge in the demand for higher crop yield. According to the United Nations Department of Economic and Social Affairs’ (UNDESA) Population Division, the global population is expected to rise from 7.6 billion to almost 9.8 billion from 2017 to 2050, demonstrating a growth rate of 30.9% over the next 33 years.


Get the sample copy of report at: https://www.psmarketresearch.com/market-analysis/agricultural-adjuvants-market/report-sample


The additional population of approximately 2.2 billion will boost the demand for cash crops, food crops, and horticulture crops in the upcoming years. Due to this reason, farmers will have to massively enhance the agricultural yield and farm productivity in the forthcoming years, which can only be achieved by incorporating advanced agricultural techniques and agrochemicals such as pesticides, herbicides, and insecticides in agriculture. This way the surging global population is propelling the advancement of the agricultural adjuvants market.


Another major factor driving the growth of the market is the increasing incorporation of supply chain technologies, novel farming solutions, and farm robotics in agricultural operations across the globe. Moreover, many public and private companies are investing heavily in the research and development of advanced solutions for attaining enhanced crop quality and higher productivity. Based on function, the market is categorized into activator adjuvants and utility adjuvants. The activator adjuvants division will exhibit rapid progress in the coming years.

00:38

Lead-Acid Battery Sales Predicted to Shoot-Up in Asia-Pacific in Coming Years

The growing sales of electric vehicles (EVs) and hybrid electric vehicles (HEVs) are causing a sharp surge in the demand for lead-acid batteries across the world. Due to the soaring pollution levels, the governments of many countries are implementing policies aimed at boosting the deployment of eco-friendly modes of transportation such as electric vehicles. Because of these policies, various EV manufacturing companies such as Tesla Inc. and Nissan Motor Corporation are planning to manufacture new models in the future.

 

As lead-acid batteries are widely used in these vehicles as the main power source, on account of their high energy density and high specific energy, the mushrooming popularity of EVs is pushing up the sales of lead-acid batteries across the globe. Many countries and regulatory authorities are enacting several initiatives for limiting greenhouse gas emissions and mitigating environmental degradation. This is bolstering the deployment of environment-friendly vehicles such as EVs all over the world.

 

For example, a multi-government policy forum called the Electric Vehicles Initiative (EVI) was set up by the Clean Energy Ministerial (CEM), which is a France-based organization, in 2010. The forum was established for propelling the usage of electric vehicles across the globe. Besides these factors, the ballooning sales of automobiles, on account of the increasing urbanization and the rising disposable income of people, are also pushing up the demand for lead-acid batteries all over the world. 

 

Due to the above-mentioned factors, the global lead-acid battery market is exhibit rapid expansion. Furthermore, the value of the market is predicted to grow from $56.9 billion to $70.7 billion from 2017 to 2023. The market is also expected to progress at a CAGR of 3.7% between 2018 and 2023. Based on construction, the market is categorized into flooded and valve-regulated lead-acid (VRLA). Between these, the flooded category recorded higher growth in the market in the past years. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/lead-acid-battery-market/report-sample

Friday, 13 November 2020

01:36

Why Asia-Pacific Will Generate Highest Demand for Corrugated Boxes?

 As of 2019, the corrugated boxes market stood at $180.9 billion, and it is projected to be valued at $284.6 billion by 2030, growing at a CAGR of 4.3% during the forecast period of 2020–2030. The projected growth would be due to the stacking strength, structural strength, and puncture resistance of corrugated boxes. Other key forces behind the increase in the demand for these boxes are the growth in the packaging industry and increase in the use of corrugated boxes by online retailers.

 

The increasing use of corrugated boxes is also because of their environmental benefits. Unlike the past, the manufacturers are recycling old corrugated packaging for the production of new boxes. Producers are using innovative technologies for shredding and compaction, which enable the recycling of corrugated boxes. These boxes produce fiber that is further used in the creation of new products. Due to the extreme levels of pollution owing to material wastage, strict mandates to recycle and reuse these boxes are in place in numerous countries.


According to P&S Intelligence, the demand for corrugated boxes will be highest in the Asia-Pacific (APAC) region in the future, because of an increase in the environmental awareness. Due to the increasing environmental concerns, the packaging industry is opting for sustainable materials. This awareness, when coupled with a rise in e-commerce activities and increase in the demand for personal care products and electronic goods, will lead to a change in the consumption pattern. Additionally, the availability of cheap raw materials and government initiatives to promote eco-friendly products enable the increase in the demand for corrugated boxes.


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/corrugated-boxes-market-analysis/report-sample


APAC will additionally generate the highest demand for corrugated boxes due to the emerging online market in India and China. Online retailers have emerged as the new propellers for the global corrugated boxes market growth. As of 2019, the global e-commerce market was worth $3.5 trillion, and it will grow substantially in the coming times. India and China are the fastest-growing e-commerce markets because of the increase in smartphone penetration, development of delivery infrastructure, and discount-driven sales.

Wednesday, 11 November 2020

23:13

Why will Sales of Lubricants Shoot-Up in Asia-Pacific in Future?

The rapidly growing automotive sector in the developing nations such as India, China, Mexico, and Brazil, on account of the surging sales of new automobiles and the soaring per capita income is causing a sharp rise in the demand for lubricants. Moreover, the ballooning sales of new cars and commercial vehicles are providing lucrative growth opportunities to the lubricant producing companies. This is because lubricants are used in the crankcases of engines for ensuring the efficient operation of automobiles.

 

Additionally, lubricants are used in automobiles for reducing friction, which, in turn, leads to lower wear and tear and longer lifespans. The increasing public awareness of lubricants and their role in ensuring vehicle and machine functioning is another major factor fueling the sales of lubricants across the globe. Moreover, many organizations are adopting highly customer-oriented methods such as those involving print and visual media for creating greater customer awareness about lubricants. 


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/lubricants-market/report-sample

 

Promotional campaigns and trade shows, where companies offer gifts or free samples to customers are some of the biggest examples of these customer-oriented methods. Because of these reasons, the demand for lubricants is growing rapidly around the world. This is, in turn, driving the progress of the global lubricants market. As a result, the value of the market is predicted to rise from $95,403.9 million to $115,350.6 million from 2019 to 2030.


Additionally, the presence of less strict environmental protection policies in these countries in comparison to the developed nations fuel the sales of mineral oil-based lubricants, which, in turn, drives the category’s growth in the market. Geographically, the lubricants market recorded the highest growth in the Asia-Pacific (APAC) region in the past years and this trend will also continue in the future years, as per the forecast of P&S Intelligence, a market research company based in India. 

 

The rapid market advancement in the region would be caused by the existence of huge manufacturing zones and facilities in the region. Moreover, the region is a global manufacturing hub and is predicted to witness the setting up of numerous plants in the coming years. Furthermore, the flourishing automotive industry in the region, on account of the rising per capita income of the people, is massively boosting the growth of the market.

22:42

How Are 3D Printing Materials Bringing Down Manufacturing Costs?

From $9.346 trillion in 2009, global manufacturing, value-added rose sharply to $13.809 trillion in 2019, says the World Bank. This has been a result of the population boom, which has led to a massive increase in the demand for a variety of products, from processed food and personal care goods to automobiles and consumer electronics. With time, the manufacturing sector has undergone continuous evolution: first, there was mostly manual work. and then came machines, followed by assembly lines. Soon, much of the human work in many industries was replaced by robots.

 

One of the newest advancements in the manufacturing industry is 3D printing, in which a machine, known as 3D printer, builds a product, part or component layer by layer. Among the numerous of its advantages, it checks raw material wastage, which helps in a lot of cost savings for companies. P&S Intelligence says that due to the increasing popularity of this production method, the 3D printing materials market would grow from $558.4 million in 2017 at a healthy 16.7% CAGR during 2018–2023, to $1,365.6 million by 2023.


Get the sample copy of the report at: https://www.psmarketresearch.com/market-analysis/3d-printing-materials-market/report-sample


Conventionally, all the parts have to be individually produced and then shipped hundreds of miles to the assembling facility. Using 3D printing, an entire component can be manufactured at once, thus improving the production efficiency and speed and reducing the manufacturing cost. For instance, in place of 855 individually manufactured parts, General Electric is using just 12 3D-printed parts for its latest turboprop aircraft engines. Further, in 2015, the Federal Aviation Authority (FAA) gave GE the greenlight to use 3D-printed parts in engines of commercial jetliners.

 

Due to such massive usage of the 3D printing technology in the U.S., North America has been the largest 3D printing materials market for quite some time now. Apart from GE, several other companies are mulling the usage of this technique for manufacturing. For instance, the Boeing Company hopes to bring down the production cost of the 787 Dreamliner by up to $3 million with 3D-printed parts. Moreover, the usage of this production method is also increasing in the regional healthcare sector, with 3D-printed implants having received the Food and Drug Administration (FDA) approval in 2010.

 

Therefore, as 3D printing penetrates into more industries and applications, the demand for the various materials used in the process is set to rise massively.