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Ceramic Matrix Composites Industry 2020 - Global Trends and Future Scope Forecast to 2028
июля 20, 2022 6:17 - no comments yetThe global Ceramic matrix composites market is studied in the latest research report from Market Research Future (MRFR). The report profiles the global ceramic matrix composites market’s historical background, present structure, and future growth prospects.
Ceramic matrix composites are composites wherein the ceramic matrix is reinforced with fibers. This adds to the structural integrity of the composites and removes brittleness. This makes these materials suitable for use in applications involving extremely high temperatures.
The growing use of ceramic matrix composites in the aerospace and defense sector is likely to be a major driver for the global ceramic matrix composites market over the forecast period. Aerospace sector manufacturers are obsessed with getting the most strength out of the lightest materials in order to make aircraft lighter and stronger. This has led to a large-scale reliance on ceramic matrix composites, which have proven to be the perfect material for use in various aerospace applications such as engine building, brake disks, turbine blades, and others. The increasing government spending on fighter jets in countries such as China, the U.S., the UK, and India is likely to remain a major driver for the global ceramic matrix composites market over the forecast period. The rising commercial airliner industry is also likely to bode well for the global ceramic matrix composites market over the forecast period.
The automotive industry is also a major consumer of ceramic matrix composites and is likely to remain in the position over the forecast period. The growing government support to lightweight vehicles, which emit less carbon dioxide and other greenhouse gases than conventionally built vehicles, has led to growing demand for lightweight materials that can molded into the variety of shapes needed in a modern automobile. The high structural integrity of ceramic matrix composites has been vital in driving the demand for the same from the automotive industry.
Regional Analysis:
The rising production of aircraft in the U.S. has led to North America emerging as the major regional market for ceramic matrix composites over the last few years. The region is likely to retain its position over the forecast period due to the consistent growth of the aerospace sector in the region and the large number of major aviation industry players operating in the region. The utility of ceramic matrix composites is likely to lead to their steady percolation throughout the industry over time, leading to steady growth of the ceramic matrix composites market.
Asia Pacific is likely to witness rapid growth of the ceramic matrix composites market over the forecast period due to the growing aerospace and electronics industries in countries such as China, India, Taiwan, and South Korea.
Competitive Analysis:
Leading players in the global ceramic matrix composites market include 3M, CeramTec, CoorsTek Inc., Kyocera Corporation, SGL Carbon India Pvt. Ltd., Rolls-Royce plc, Lancer Systems, General Electric, COI Ceramics Inc., and Applied Thin Films Inc.
In March 2019, the U.S. DoE’s Oak Ridge National Laboratory (ORNL) and Rolls-Royce announced plans to use supercomputers to calibrate and smoothen the manufacturing of ceramic matrix composite parts. Lowering the cost of the production process of ceramic matrix composites is the major target in this endeavor, as ceramic matrix composites are likely to replace metals in the aerospace sector in the coming years, but manufacturing them remains highly expensive.
Segmentation:
The global Ceramic matrix composites Industry is segmented by type, category, process, application, and region.
On the basis of type, the ceramic matrix composites market is segregated into oxide/oxide, carbon/silicon carbide, silicon carbide, carbon/carbon, silicon carbide/silicon carbide, and others.
Based on category, the global ceramic matrix composites market is segmented into short fibers, long (continuous) fibers, whiskers, and others.
By process, the ceramic matrix composites market is segmented into power dispersion, liquid precursors, and gaseous infiltration.
On the basis of application, the ceramic matrix composites market is segregated into aerospace, automotive, electronics, energy and power, industrial, and others. Aerospace holds a dominant 35% share in the global ceramic matrix composites market, followed by the automotive and electronics industries.
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copper foil market 2021-Industry Growth Revenue, Business Size, and Opportunities Forecast to 2028
июля 20, 2022 6:05 - no comments yetMarket Analysis
The global copper foil market is predicted to touch USD 17,321.8 million at a 10.31% CAGR over the forecast period (2021-2028), as per the latest Market Research Future (MRFR) report. A copper foil, simply put, is a sheet of copper that is obtained through electrolysis, rolling, and hammering. It comes in various units of thickness resting on its application. Copper foils have a wide range of applications including cable industry, transformers, switchgear industry, radiators, heat exchangers, printed circuit board, among other applications.
Various factors are propelling the copper foil market growth. These factors, as stated by the MRFR report, include growing demand for electronic gadgets and electronics, increasing demand for electric vehicles, rapid development in the electronic and electrical industry, a surge in automotive products, and increase in hybrid vehicles. Additional factors pushing market growth include rapid urbanization and industrialization, increased consumer spending, increase in disposable income, and increasing consumption in the power generation industry. Moreover, owing to the excellent mechanical and physical properties that copper foils possess such as corrosion resistance, high electroconductivity, tensile strength, and elongation it is widely used in various applications in the electronics and electrical industry including building wiring, cable wrapping, printed wiring boards (PWB), and PCB. This is also contributing to the market growth.
On the contrary, the availability of copper foil substitutes in the market may impede the copper foil market growth over the forecast period.
Regional Analysis
Based on the region, the Copper Foil Market report covers the latest trends and growth opportunities across Europe, North America, Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, APAC will command the market over the forecast period. It is predicted to touch USD 9,648.7 million by the end of 2027. Factors contributing to the growth of the market include growing demand for electronic goods, rapid urbanization, shift to domestic production of electronic goods in India, Indonesia, and China, the focus of manufacturers in expediting the production process by manufacturing thin coils, and miniaturization of components.
The copper foil market in Europe is predicted to have the second-largest share in the market over the forecast period. This is owing to the growth and expansion of the automotive industry in the region.
The copper foil market in North America is predicted to have significant growth over the forecast period. This is due to the presence of a good number of producers in the region and the growth of the end-use industries.
The copper foil market in Latin America is predicted to have a notable growth over the forecast period. This is due to the burgeoning demand for electric cars and rapid industrialization.
Key Players
Leading players profiled in the copper foil market report include Circuit Foil Luxembourg (Luxembourg), Rogers Corporation (US), Arcotech Ltd. (India), Mitsui Mining & Smelting Co., Ltd. (Japan), Lamineries Matthey (Switzerland), Civen Metal Material Co., Ltd. (China), Amari Copper Alloy Ltd. (UK), JX Nippon Mining & Metals Corporation (Japan), Global Brass and Copper Holdings Ltd. (US), Krishna Copper Private Limited (India), and Carl Schlenk AG (Germany).
July 2019: Doosan Group, a leading South Korean conglomerate has begun construction of an EV (electric vehicle) copper foil plant in Hungary for capitalizing on the growing need for battery materials.
Market Segmentation
The Market Research Future report provides a wide segmental analysis of the Copper Foil Market based on application and type.
Based on type, the copper foil market is segmented into rolled copper foil and electrodeposited copper foil. Of these, the electrodeposited copper foil segment is predicted to have the largest share in the market over the forecast period. This is owing to its growing demand in rigid circuits and printed circuit boards. The electrodeposited copper foil segment is estimated to touch USD 11,158 million by 2023.
Based on application, the copper foil market is segmented into building and construction, industrial equipment, automotive, electrical and electronics, and others. Of these, the electrical and electronics segment is predicted to dominate the market over the forecast period. This is owing to the growing demand for lithium-ion batteries and PCBs in various consumer electronic goods.
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automotive coatings market | Emerging Technologies, Opportunity, Leading Key Players and Forecast 2022 to 2030
июля 20, 2022 5:54 - no comments yetThe global automotive coatings market is looking forward to robust growth and is projected to attain nearly USD 25 Billion by the end of 2030, unveils Market Research Future (MRFR) in a detailed research report. The move towards the development of light-weight vehicles and low-temperature curing are driving the global automotive coatings market. Various factors have supported the growth of the global automotive coatings market. The rise in the number of global car sales purveyed by rising disposable income, especially in the developing countries is a primary factor contributing towards market growth. Low cost of financing and cheaper fuel price have also increased the degree of vehicle ownership in emerging markets. The trend of replacement of old cars posts the global recession has resulted in the purchase of new cars which too has acted as a bonus for the market growth. To sustain intense competition, automakers are exploring materials to create multi-substrate designs and light-weight cars. Development of compact paint processes by key players to achieve sustainability targets has also augmented the growth of the market. Modern automotive coatings provide long-lasting protection and improve longevity which in turn contributes to sustainability. However, coating in the car manufacturing process is one of the most cost and energy-intensive process which has the most significant environmental footprint as well. This has encouraged regulatory authorities in various countries to impose restrictions on certain materials in automotive coatings. Powder automotive coatings have emerged as a solution to this problem since it is a solvent-free method of coating and does not release any volatile organic compounds. Powder automotive coatings have been gaining traction and is expected to provide opportunities for market expansion.
Segmentation
The global Automotive Coatings Market has been segmented based on product, substrate, technology, and resin type. By product, the market has been segmented into primer, basecoat, electro-coat, and clear coat, and others. By substrate, the market has been segmented into metal, plastics, composites, and others. By technology, the market has been segmented into water-borne, solvent-borne, powder, and radiation curable. By resin type, the market has been segmented into polyurethane, epoxy, automotive, and others.
Competitive Landscape
The prominent players in the global automotive coatings market include BASF SE (Germany), Kansai Paint Co.,Ltd.. (Japan), Jotun (Norway), PPG Industries, Inc. (U.S.), Arkema SA (France), Clariant (Switzerland), Cabot Corporation (U.S.), Bayer AG (Germany), Axalta Coating Systems (U.S.), Akzo Nobel N.V. (Netherlands), Nippon Paint Holdings Co., Ltd. (Japan), The Valspar Corporation (U.S.), Berger Paints India Limited (India), Koninklijke DSM N.V. (Netherlands), and The Sherwin-Williams Company (U.S.).
Regional Analysis
The global automotive coatings market spans across the regions of North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is leading the global automotive coatings market since Asia Pacific has been taking an increasing share of global vehicles sales. Fast GDP growth, rise of the middle class and replacement of old vehicles in the region support the growth of the market in APAC. India, Japan, South Korea, China, and Malaysia are the key contributors to the APAC automotive coatings market. North America is the second largest market for automotive coatings. The US is the largest consuming market for automotive coatings, and high sales of vehicles, especially luxury cars in the region favor the growth of the automotive coatings market. Europe is another profitable market for Automotive Coatings. Majority of automotive manufacturers have their manufacturing base in Europe which makes Europe a worthwhile market. The U.K., France, Germany, Italy, and Belgium are the major contributors to the Europe automotive coatings market. The Middle East & Africa market is expected to exhibit substantial growth over the forecast period due to improving economy and increasing industrialization in the region.
Industry Updates
- In September 2018, BASF, German chemicals, and specialty materials unveiled a new modular lab for automotive coatings in Munster, Germany. The new lab would assist car makers in Europe in development of new coating solutions.
- August 2018- Ferrari, the Italian luxury sports car maker, has come up with a new low-bake automotive coating technology in partnership with PPG, an American supplier of paints, coatings, and specialty materials. The two-component paint system allows the car to be baked which enhances the paint's toughness to water and other contaminants.
Polyhydroxyalkanoate Market Analysis Scope With Key Players, Price And Forecast To 2030
июля 20, 2022 5:26 - no comments yetPolyhydroxyalkanoate Polymers are biodegradable compounds, derived from natural resources such as vegetable oil, starch and proteins, among others. These polymers exhibit optical display, anti-oxidant property and piezoelectric effect which make them useful in various applications such as packaging, medical, agriculture and food services. Polyhydroxyalkanoate Polymers are of two types namely Polyhydroxybutyrate and Polyhydroxybutyrate blended with copolymers. Polyhydroxybutyrate Polymers are composed of 14 monomeric units. These polymers can be used as a substitute for synthetic plastic in order to avoid the depletion of natural resources and improvement achieved in the downstream process.
The important driving factors in the Global Polyhydroxyalkanoate Market are implementation of rules and regulations set by the government to promote bio based products which are compatible to the environment. It has been estimated that a significant growth will be achieved in the global polyhydroxybutyrate market due to advancement in technology and the adequate availability of raw materials.
Market Segmentation:
The Global Polyhydroxyalkanoate Market Analysis is fragmented by type, technology, application and region. Polyhydroxybutyrate polymers and polyhydroxybutyrate blended with copolymers are segmented on the basis of market type. Among these, polyhydroxybutyrate polymers are widely used for making bio-plastic materials which are beneficial to human beings and the environment. During the forecast period, a higher CAGR has been anticipated in the packaging sector owing to the growing use of Polyhydroxybutyrate Polymers. The technologies that are segregated on the basis of market type are genetically engineered plants and bacteria. Among these, genetically engineered bacteria segment has witnessed a significant growth in the production of polyhydroxybutyrate polymers due to its fast production and easy degradation. Biomedical, packaging, drug delivery carriers and biofuels are classified on the basis of application. It has been estimated that packaging sector is set to expand at a higher CAGR during the forecast period.
Segmental Analysis:
The Global PHA Market is spanned across five regions in the world namely Asia Pacific, Europe, North America, Latin America and the Middle East & Africa. It has been observed that Asia Pacific is set to expand at a higher CAGR during the forecast period. The major shareholder of Global Polyhydroxyalkanoate in the world is Europe due to its primary objective to achieve sustainable development in the region. The Polyhydroxybutyrate Market has observed a significant growth in the North American and Latin American region due to rising demand in the packaging and medical applications. A steady growth has been estimated in the Middle East & African region due to growing use of bio based products in the end-use industries.
Competitive Analysis:
The prominent players functioning in the Global Polyhydroxyalkanoate Market are Shenzhen Ecomann Biotechnology Co, Ltd (China), Tianjin GreenBio Materials Co., Ltd (China), Kaneka Corporation (Japan), BASF SE (Germany), Biome Technologies PLC (U.K.), BIO ON (Italy), Polyferm, Inc (Canada), Full Cycle Bioplastics (U.S.A), Cardia Bioplastics (Australia), and others.
glass packaging market share New Opportunities, Emerging Trends And Forecasts To 2028
июля 20, 2022 5:15 - no comments yetOverview:
The global market report on the glass packaging market includes a proper study of how various dynamics are impacting the industry to move forward. The increasing demand for eco-friendly packaging, growing inclusion of it in the beverage and pharmaceutical industry, its feature like zero chemical leaching, and non-reactive nature are expected to play in favor of the market growth. Market Research Future (MRFR) predicted that the market has a chance to surpass USD 66,000 mn during the forecast period of 2021 to 2028. However, the durability of glass packaging may hinder the plans regarding the expansion of the glass packaging market.
Competitive Landscape:
The global market report on the glass packaging includes a proper study of companies on the basis of their latest contributions. These companies are Ardagh Group S.A, Owens-Illinois Inc., BA Vidro, Gerresheimer AG, Verallia, Vidrala S.A., Piramal Glass, Wiegand-Glas GmbH, Vetropack Holding Company, Stölzle Glass Group, Luigi Bormioli Corporation, Zignago Vetro S.P.A., Verescence, Allied Glass Containers Ltd, Vetrobalsamo Spa, Vitro, Nihon Yamamura Glass Co., Ltd., and Heinz Glas GmbH & Co. KGAA.
Regional Segmentation:
North America and Europe would bolster their regional glass packaging markets with advanced technologies and research & development results. The Asia Pacific market would gain from the pressure piled on by the massive population.
The global Glass Packaging Market share has been studied on the basis of a segmentation that includes products and applications. MRFR analysts have reviewed all these changes to understand dynamics that can impact the market outcome.
By product, the global glass packaging market has been studied on the basis of standard glass quality, premium glass quality, and super-premium glass quality.
By application, the study of the glass packaging market includes segments like beverage packaging, food packaging, personal care packaging, pharmaceutical packaging, and others. The pharmaceutical packaging segment is gaining substantial traction due to the growing demand for vials and other types of packaging for medicines. The beverage segment is also creating a huge scope for the glass packaging market to expand.
Industry News:
In September 2020, the Government of Nigeria announced the ban on alcohol sales using the packaging of polyethylene terephthalate (PET or PETE) and glass bottles. The National Agency for Food and Drug Administration and Control (NAFDAC) recently revealed a document on alcohol consumption in sachet and how it is endangering the lives of normal people. The decision from the government came just two days after the publication of the report and this highlights how people are consuming unregistered products. The main intent is to safeguard the interests of the Nigerian people who are often consuming liquors without knowing the impact it can have on their bodies.
In September 2020, Lumson, an Italian-based primary packaging provider for the skincare and make-up sector, declared the launching of two new glass bottles for foundations. They have named these glass bottles I-Conic and Marylin, respectively. The design is sophisticated and contemporary and will be available in 30mL format. Lumson has paid special attention to its design to highlight the formulation inside the bottle. I-Conic is expected to generate traction for its slender and conical lines, with a thick base and rounded corners. Marylin has an oval shape and would highlight the color of the substance inside.
During the COVID-19 crisis, various sectors, from food & beverage to healthcare, inspired a substantial demand for pharmaceutical glass packaging initiative, owing to which the market stands to benefit significantly in the coming years.
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