Aluminum Market Value To Cross $189.8 Billion By 2026 | Top Companies and Industry Growth Insights

Aluminum Market by End User and Processing Method: Global Opportunity Analysis and Industry Forecast, 2019-2026 the global aluminum market was valued at $147.2 billion in 2018, and is projected to reach $189.8 billion by 2026, growing at a CAGR of 3.2% from 2019 to 2026. The transport segment dominated the market in 2018, with more than one-fourth share, in terms of revenue.

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Aluminum is a nonmagnetic and ductile metal with a dull luster due to thin aluminum oxide coating. Low metal density, corrosion resistance, and thermal conductivity are some properties, which makes it ideal for various industrial applications. Growth in transport industry is the major factor that drives the growth of the aluminum market size across the globe. In addition, technological advancements, rapid development & urbanization in emerging economies, and growth in aluminum demand from various end user industries such as foil & packaging supplement the aluminum market growth. Modern manufacturers are enhancing the design of aluminum cans to make the cans more hygienic. An overall increase in production capacity by key leaders and high degree of vertical integration are observed in the industry. Manufacturers integrate their value chain to gain control over supply chain and offer aluminum products to end users at reduced costs. Food and Drug Administration (FDA), American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO), and Environment Protection Agency (EPA) are some of the regulatory authorities present in the aluminum market.

Transport segment accounted for more than one-fifth of the market, in terms of volume, in 2018. Aluminum products are extensively used in transport industry due to their performance, weight to strength ratio, thermal conductivity, corrosion resistance, safety, and environment benefits. North American automotive manufacturers plan to increase aluminum usage in light trucks and cars by over 40% by 2025. Aluminum engine mounts, tailgate frames, running boards, and roof consoles are corrosion resistant and are more resilient in vehicle crashes due to their flexibility and inherent strength. Studies have confirmed that use of aluminum in motor industry reduces CO2 emissions.

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Extrusions segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 2.9% by 2026. Aluminum extrusions offer lightweight and durability to patio furniture, sports equipment and others. Flexible and low cost extrusion tooling allows manufacturers to experiment with new applications and designs.

Key Findings of the Aluminum Market:

Asia-Pacific is expected to lead the market during the forecast period, followed by Europe.
Flat rolled market volume is projected to grow with a CAGR of 4.0% during the forecast period.
The transport segment is expected to show highest growth, registering a value CAGR of 3.5%.
Turkey accounted for 1.7% share in the LAMEA aluminum market in 2018.
Mexico is projected to grow at a fastest rate in the North America aluminum market, registering a CAGR of 4.0%.
Germany accounts for 8.5% share in the European aluminum market in 2018.

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Asia-Pacific and Europe collectively contributed more than half of the global aluminum market share revenue in 2018. In the same year, Asia-Pacific dominated the market owing to massive urbanization, growth in income of people in urban areas, and rapid industrial development.

The prominent market players are Alcoa Corporation (U.S.), Aluminium Corporation of China Limited (CHALCO) (China), China Hongqiao Group Ltd. (China), China Power Investment Corp. (CPI) (China), East Hope Group Company Limited (China), Emirates Global Aluminium PJSC (UAE), Norsk Hydro ASA (Norway), Rio Tinto Alcan Inc. (Canada), United Company RUSAL Plc. (Russia), and Xinfa Group Co., Ltd. (China).

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Quartz Market Statistics, Size Will Hit $10.04 Billion By 2026 | Growth With Recent Trends & Demand

The global quartz market by Product (Quartz Surface & Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Other) and End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Medical, Optics & Telecommunication, and Other): Global Opportunity Analysis and Industry Forecast, 2019–2026″. According to the report, the global quartz industry generated $8.23 billion in 2018, and is expected to reach $13.61 billion by 2026, registering a CAGR of 6.4% from 2019 to 2026.

Prime determinants of growth

Surge in usage as grating for pounding glass, sandblasting, and cutting delicate stones and technological advancements drive the global quartz market. However, the expensive nature of quartz hinders the market growth. On the other hand, increase in usage as oscillators in watches & radios and rise in research and development activities present new pathways in the industry.

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The quartz surface and tile segment to maintain its dominance during the forecast period

Based on product, the quartz surface and tile segment contributed to nearly two-fifths of the total share of the global quartz market in 2018, and is expected to maintain its dominance during the forecast period. This is due to increase in usage of quartz for creating building surfaces and as a substitute of granite and marble for its cost-effectiveness. However, the high-purity quartz segment is estimated to register the largest CAGR of 7.9% from 2019 to 2026, owing to increase in usage in semiconductor, solar, fiber optics, and lighting applications.

The electronics and semiconductor segment to maintain its lead position by 2026

Based on application, the electronics and semiconductor segment held the highest market share of the global quartz market, accounting for more than one-fourth of the total share in 2018, and is projected to maintain its lead position during the forecast period. However, the building and construction segment is expected to grow at the highest CAGR of 7.9% from 2019 to 2026, owing to surge in construction activities and usage of quartz in stonework dividers.

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North America to lead during the forecast period

Based on region, North America held the highest market share in terms of revenue, accounting for nearly two-fifths of the global quartz market in 2018, and is expected to lead during the forecast period. This is attributed to surge in demand for electronics and rise in installations of PV solar cells. However, Asia-Pacific is estimated to maintain the fastest CAGR of 7.1% from 2019 to 2026, owing to presence of key players and growth of the electronics and semiconductor industry.

Increase in use of quartz for pounding glass, sandblasting and cutting delicate stones and technological advancements have boosted the growth of the global quartz market. However, its expensive nature hampers the market. On the contrary, surge in usage as oscillators in watches & radios and increase in R&D activities are expected to create lucrative opportunities in the near future.

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Leading market players

Baba Quartz
QQE
Momentive
Saint-Gobain
Creswick Quartz
Quartz Corporation
High Purity Quartz Pty Ltd.
DuPont
Caeserstone

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Disposable Protective Clothing Market Value To Cross 4.68 Billion By 2026 | Growth With Recent Trends & Demand

The global disposable protective clothing market was estimated at $2.60 billion in 2018 and is expected to hit $4.68 billion by 2026, registering a CAGR of 6.8% from 2019 to 2026. The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and wavering market trends.

Stringent government regulations, an increase in demand from end-user industries and heavy investments in R&D propel the growth of the global disposable protective clothing market. On the other hand, the high cost involved in the process curbs the growth to some extent. Nevertheless, increasing demand from emerging economies is projected to pave the way for multiple opportunities in the industry.

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The polyethylene segment to lead the trail during the forecast period-

Based on material type, the polyethylene segment contributed to nearly two-fifths of the total market share in 2018 and is expected to retain its dominance by 2026. The same segment would also cite the fastest CAGR of 7.2% throughout 2019–2026.

The thermal segment to remain lucrative by 2026-

Based on the application, the thermal segment held the major share in 2018, generating more than one-third of the total market. The same segment would also showcase the fastest CAGR of 7.5% during the estimated period.

North America to dominate in terms of revenue-

Based on geography, North America accounted for nearly two-fifths of the total market revenue in 2018 and is anticipated to rule the roost till 2026. The Asia-Pacific region, on the other hand, is predicted to register the fastest CAGR of 7.5% throughout the forecast period.

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Leading market players-

The key market players analyzed in the global disposable protective clothing market include

  • E. I. du Pont de Nemours and Company
  • Lakeland Industries, Inc.
  • Teijin Limited
  • W. L. Gore & Associates
  • 3M Company
  • Ballyclare Limited
  • Glen Raven
  • Koninklijke Ten Cate NV
  • Workrite Uniform Company, Inc.
  • Cetriko

They have incorporated a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:
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Credit Card Payments Market to Reach $263.47 Bn, Globally, by 2028 at 8.5% CAGR: Allied Market Research USA – English 

llied Market Research published a report, titled, Credit Card Payments Market By Card Type (General Purpose Credit Cards and Specialty & Other Credit Cards), Application (Food & Groceries, Health & Pharmacy, Restaurants & Bars, Consumer Electronics, Media & Entertainment, Travel & Tourism and Others), and Provider (Visa, MasterCard, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028.” According to the report, the global credit card payments market generated $138.43 billion in 2020, and is estimated to garner $263.47 billion by 2028, witnessing a CAGR of 8.5% from 2021 to 2028.

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Prime Determinants of Growth

Surge in demand for alternatives ways for cash payment and presence of affordable credit cards worldwide drive the growth of the global credit card payments market. However, rise in credit card fraudulent activities across the globe hinders the market growth. On the contrary, technological advancements in offerings such as blockchain to raise levels of security and demand from developing nations present opportunities in the coming years.

Covid-19 Scenario

  • Owing to job losses and reduction in salaries during the Covid-19 pandemic, consumer spending has been reduced, which in turn, impacted the credit card payments market.
  • Moreover, restrictions on local, interstate, and international travel, closure of various bars & restaurants, and restricted access to essential and non-essential goods during the lockdown across the globe impacted the payments through credit cards.
  • Many banks and fintech firms have been revising their credit card limits and interest rates to recover from losses incurred during the pandemic and improve the overall situation.

The General-Purpose Credit Cards Segment to Continue Its Leadership Status During the Forecast Period

Based on card type, the general-purpose credit cards segment held the largest share in 2020, accounting for nearly 90% of the global credit card payments market, and is projected to continue its leadership status during the forecast period. This is due to instant discounts or credits provided each month or year on certain purchases to users. However, the specialty & other credit cards segment is expected to manifest the largest CAGR of 11.9% from 2021 to 2028, owing to bonus points given on the usage, which can be utilized for other purchases.

The Visa Segment to Maintain Its Dominance in Terms of Revenue During The Forecast Period

Based on provider, the Visa segment accounted for the highest market share in 2020, holding more than half of the global credit card payments market, and is estimated to maintain its dominance in terms of revenue during the forecast period. This is attributed to easy and secure ways of payment and various benefits to their customers such as Visa’s Zero Liability Policy in which customers will not be held responsible for fraudulent activities. However, the MasterCard segment is expected to portray the fastest CAGR of 9.0% from 2021 to 2028.

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North America to Maintain Its Lead Position By 2028

Based on region, North America contributed to the highest market share in 2020, accounting for more than half of the global credit card payments market, and is expected to maintain its lead position by 2028. This is due to high adoption of credit cards with around 50% of total transactions and emergence of technologies such as EMV and contactless cards. However, Europe is projected to portray the highest CAGR of 10.8% during the forecast period, owing to technological advancements in computing power and storage that improved speed, precision, and data analysis capabilities.

Leading Market Players

  • American Express
  • Bank of America Corporation
  • Barclays PLC
  • Capital One
  • Citigroup Inc.
  • JPMorgan Chase & Co.
  • MasterCard
  • Synchrony
  • The PNC Financial Services Group, Inc.
  • USAA

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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India PVC Pipes Market Statistics 2023: Major Factors that can Increase the Global Demand

A new report published by Allied Market Research titled, India PVC Pipe Market by Type, Material, and Application: Regional Opportunity Analysis and Industry Forecast, 2015-2023, projects that the India PVC pipe market was valued at $3,159 million in 2016, and is expected to reach $6,224 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023.

Most of the players operating in the industry focus to consolidate their position in the market through strategic expansions and product launches. Some of the major factors that drive the demand for PVC pipes include upsurge in demand from irrigation & construction industries, rise in focus on rural water management, and rapid urbanization.

Rise in penetration of PVC pipes across various application such as irrigation, water supply, sewer & drain, plumbing, oil & gas, HVAC, and others acts as the major driving factors of India PVC pipes market. Polyvinyl chloride (PVC) pipe industry is in its mature stage.

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Rise in penetration of PVC pipes across various application such as irrigation, water supply, sewer & drain, plumbing, oil & gas, HVAC, and others acts as the major driving factors of India PVC pipes market. Polyvinyl chloride (PVC) pipe industry is in its mature stage. Most of the players operating in the industry focus to consolidate their position in the market through strategic expansions and product launches. Some of the major factors that drive the demand for PVC pipes include upsurge in demand from irrigation & construction industries, rise in focus on rural water management, and rapid urbanization. However, factors such as availability of better substitutes, such as HDPE & ABS, and toxicity of PVC material are expected to hamper the market growth during the forecast period. On the contrary, rise in need & awareness for clean water in rural areas and increase in investment in developing economies are expected to provide significant opportunities to the industry players across the value chain.

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In 2016, sewer & drain was the dominant application segment, in terms of revenue with more than 35% of the share, followed by water supply & irrigation. Low cost and easy installation are the factors that drive the demand for PVC pipes in sewer & drain application.

Based on material employed during manufacturing process, the market is fragmented into PVC resins, stabilizers, plasticizers, lubricant, pigment base, and others. A typical rigid PVC pipe may contain around 7585% of PVC resin. Other materials are further added, such as lubricant, pigment, pigment base, plasticizers, stabilizers, and others, to enhance its performance.

In 2016, North India accounted for more than 50% of the India demand for PVC pipe, and is expected to maintain its lead position throughout the forecast period. However, the East India region is projected to grow at the highest CAGR of 11.1% in terms of demand during the forecast period, owing to increase in infrastructural projects and developments in the rural parts of the region.

Key Findings of the India PVC Pipe Market:

North India is expected to continue to lead the India PVC pipe market, growing at the highest CAGR of 10.1%, in terms of revenue, from 2017 to 2023.
Sewer & drain occupied more than 35% share of the total market value in 2016.

In the year 2016, the unplasticized type pipe segment occupied more than 60% share of the market, in terms of revenue.
East India is projected to register the highest growth rate in terms of value during the forecast period.
Pigment base is anticipated to be the most lucrative material for India PVC pipes market during the forecast period.
In the year 2016, North India accounted for more than half of the India demand for PVC pipe, and is expected to maintain its lead position throughout the forecast period. However, the East India region is projected to grow at the highest CAGR of 11.1%, followed by West India with 10.7%, owing to new infrastructural projects and developments in the rural parts of the region.

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Major players in the industry invest significantly on R&D to launch of new products at a reasonable cost, expand their capacities, and to meet the growing consumer demands. Strategic acquisitions and collaborations are other major strategies adopted by these players.

Major players in the industry invest significantly on R&D to launch of new products at a reasonable cost, expand their capacities, and to meet the growing consumer demands. Strategic acquisitions and collaborations are other major strategies adopted by these players. The major companies profiled in the report include Aashirvad Pipes, Supreme Pipes, Astral Pipes, Finolex Industries Ltd., Prince Piping System, Ori-plast, Utkarsh Indin, Dutron Group, Kankai Pipes, and Captain Pipes.

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Intra Oral Flat Panel Sensor Market Is Expected to Reach $446.00 Million by 2030: Says AMR

According to the report published by Allied Market Research, the global intra oral flat panel sensor market was estimated at 315.70 million in 2020 and is expected to hit $446.00 million by 2030, registering a CAGR of 3.90% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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Rapid penetration of digital sensors and PSP systems, advancements in medical image technologies, and government initiatives for accessing oral health in rural areas drive the growth of the global intra oral flat panel sensor market. On the other hand, high cost of dental imaging systems and lack of reimbursement for dental procedures impede the growth to some extent. However, surge in number of dental laboratories across the globe is expected to create lucrative opportunities in the near future.

COVID-19 Scenario

  • During the initial phase of the pandemic, the electronics manufacturing hubs across the world were temporarily shut down to restrict the COVID-19 spread among individuals. This, in turn, highly impacted the supply chain of the intra-oral flat panel sensor market by creating dearth of raw materials, components, and finished goods.
  • However, the global situation is now getting better, and the market is projected to recover soon.

The global intra-oral flat panel sensor market is analyzed across product, application, and region. Based on product, the CCD segment contributed to nearly three-fourths of the total market share in 2020, and is expected to lead the trail by 2030. The CMOS segment, on the other hand, would register the fastest CAGR of 5.30% throughout the forecast period.

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Based on application, the diagnostic medical imaging system segment accounted for nearly two-thirds of the total market revenue in 2020, and is anticipated to rule the roost by 2030. The veterinary system segment, however, would grow at the fastest CAGR of 5.00% during the forecast period.

Based on region, Europe held the major share in 2020, garnering nearly one-third of the global market. Simultaneously, the market across Asia-Pacific would cite the fastest CAGR of 5.10% from 2021 to 2030.The other provinces analyzed through the market report include North America and LAMEA.

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The key market players analyzed in the global intra-oral flat panel sensor market report include  Owandy Radiology (U.S.), Vatech Dental (U.S.),  Corix Medical Systems (Mexico), ALLPRO Imaging (U.S.), Genoray (South Korea), Fona Dental (Italy), Dabi Atlante (Brazil), Carestream Dental (U.S.),  Dentsply Sirona (U.S.), and KaVo Dental (U.S.). These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:

David Correa
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#205, Portland, OR 97220
United States
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Silicone in Heavy Machinery Market Value To Cross 1.9 Billion By 2027 | Growth With Recent Trends & Demand

Allied Market Research published a report, titled, “Silicone in Heavy Machinery Market by Product Type (Elastomer, Fluids, and Others) and Component (Switchgear and Others): Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report published by Allied Market Research, the global Silicone in heavy machinery industry garnered $1.2 billion in 2019 and is anticipated to reach $1.9 billion by 2027, growing at a CAGR of 5.5% during the forecast period.

Determinants in the market-

Improved properties of liquid silicone rubber and easy processing of LSR boost the growth of the global silicone in heavy machinery market. However, non-recyclable nature of liquid silicone rubber hinder the growth. Conversely, growth in demand for silicone rubber in wind energy sector is expected to create multiple opportunities in the near future.

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Covid-19 Scenarios-

Global silicone in heavy machinery market has undergone a temporary downfall.
The decreased demand for the power and temporary suspension in the upcoming power plant projects have further interrupted the market.
The elastomers segment to dominate the market by 2027-

Based on product type, the elastomers segment contributed to more than two-fifths of the global silicone in heavy machinery market share in 2019 and is anticipated to lead the trail during the study period. This is due to rising demand for silicone elastomer in insulators and cable. On the other hand, the fluids segment would grow at the fastest CAGR of 6.0% by 2027. This is owing to its high thermal stability, high flash point and high fire point compared to other fluid or transformer oil.

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The switchgear segment to lead the trial throughout the forecast period-

Based on component, the switchgear segment held largest market share with nearly two-thirds of the global silicone in heavy machinery market revenue in 2019 and is expected to rule the roost during the forecast period. This is attributed to replacement of aging infrastructure along with investment in new energy projects. Furthermore, the same segment is expected to manifest the fastest CAGR of 4.7% throughout 2027. This is attributed to rise in energy demand in emerging nations from industrial, agriculture, residential, commercial, and transportation sectors.

The Asia-Pacific & Europe, followed by North America to rule the roost by 2027-

Based on geography, the Asia-Pacific and Europe region, followed by North America, dominated the market with major share in 2019, holding nearly one-third of the global silicone in heavy machinery market. Moreover, the Asia-Pacific region is also anticipated to register the fastest CAGR of 5.8% during 2020 to 2027. This is owing to the growing application of silicone in various power plant projects in emerging nations, such as China, India, and South Korea.

The key players profiled-

Dow inc.
Shin-Etsu Silicone
KCC Silicon
Zhejiang XinAn Chemical Industrial Group Co Ltd
Avantor
Stockwell Elastomerics
Wacker Chemie AG
Elkem Silicones
Momentive Performance Materials Inc.

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:
David Correa
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Sodium Sulphate Market Projected to Reach 1.6 Billion by 2030 | In-Depth Analysis with Top Key Players

Allied Market Research recently published a report, titled, “Sodium Sulphate Market by Product (Natural and Synthetic), Form (Salt cake, Glauber’s Salt, and Niter Cake), and Application (Soaps & detergents, Textile, Glass, Pulp & Paper, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”. As per the report, the global sodium sulphate industry was pegged at $1.0 billion in 2020, and is expected to reach $1.6 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030.

Drivers, restraints, and opportunities

Increase in use of soaps and detergents and rise in demand for use in solar energy storage devices drive the growth of the global sodium sulphate market. However, easily available substitutes and limited new uses for the product hinder the market growth. On the contrary, untapped potential and emergence of new markets would open new opportunities in the future.

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Covid-19 scenario:

The Covid-19 outbreak and economical uncertainty hampered the demand for sodium sulphate. The temporary ban on international import & export, restrictions on manufacturing, tourism, hospitality, and financial sectors negatively affected the market.
The lockdown restrictions hampered the manufacturing activities, disrupted the supply chain, and increased the raw material prices. On the contrary, the demand for soaps & detergents surged since the outbreak, which created a huge gap between supply and demand.
The natural segment dominated the market

By product, the natural segment held the largest share in 2020, accounting for nearly two-thirds of the global sodium sulphate market. Moreover, the segment is expected to register the highest CAGR of 4.7% during the forecast period, owing to rise in production output of pulp and paper industries. The report includes an analysis of the synthetic segment as well.

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The soaps and detergents segment to manifest the highest CAGR through 2030

By applications, the soaps and detergents segment would showcase the highest CAGR of 4.9% from 2021 to 2030. In addition, the segment held the largest share in 2020, contributing to more than two-fifths of the global sodium sulphate market, due to its properties of sodium sulphate that enables the detergent powder to flow freely. The report includes an analysis of segments such as textile, glass, pulp & paper, and others.

Asia-Pacific, followed by North America, held the largest share

By region, the global sodium sulphate market across Asia-Pacific, followed by North America, held the lion’s share in 2020, accounting for nearly three-fifths of the market. Moreover, the region would showcase the highest CAGR of 4.8% from 2021 to 2030, owing to high consumption of the product in China for a variety of applications including textiles and soaps & detergents.

Major Market Players

Sigma-Aldrich Co. LLC.
Godavari Biorefineries Ltd.
ECOBAT Technologies Ltd.
Borden & Remington Corp.
The Aditya Birla Group
Nippon Chemical Industrial Co.
Intersac
TCI Chemicals
Atul Limited
Lenzing AG.

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Global Mortgage Lending Market to Reach $27.50 Billion by 2031: Allied Market Research

According to the report published by Allied Market Research, the global mortgage lending market generated $11.48 billion in 2021, and is estimated to reach $27.50 billion by 2031, witnessing a CAGR of 9.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, value chain, key investment pockets, competitive scenario, and regional landscape. The report is a vital for leading market players, investors, new entrants, and stakeholders in formulating strategies for the future and taking steps to strengthen their position in the market.

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Covid-19 Scenario:

  • The Covid-19 pandemic had a moderate impact on the industry as some lenders struggled to keep up with the workload and had no choice but to raise rates.
  • Mortgage debt represents the single largest source of debt for individual homeowners and had a significant impact on their financial situation and capacity to maintain financial stability in case of pay reductions or wage loss.

The report offers detailed segmentation of the global mortgage lending market based on type of mortgage loan, mortgage loan terms, interest rate, provider, and region. The report provides analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on type of mortgage loan, the conventional mortgage loans segment accounted for the highest share in 2021, contributing to nearly three-fourths of the total share, and is expected to maintain its leadership status during the forecast period. However, the jumbo loans segment is expected to manifest the highest CAGR of 13.7% from 2022 to 2031. 

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Based on mortgage loan terms, the 30-year mortgage segment held the largest share in 2021, accounting for more than half of the market, and is expected to maintain its dominance in terms of revenue by 2031. However, the 15-year mortgage segment is estimated to witness the largest CAGR of 13.7% during the forecast period. 

On the basis of interest rate, the fixed-rate mortgage loan segment dominated the market in terms of revenue in 2021, accounting for more than two-thirds of the market, and is expected to maintain its leading position during the forecast period. However, the adjustable-rate mortgage loan segment is estimated to register the highest CAGR of 11.3% during the forecast period.

Based on provider, the primary mortgage lender segment held the largest share in 2021, accounting for nearly three-fourths of the market, and is expected to continue its dominance through 2031. However, secondary mortgage lender segment is expected to showcase the highest CAGR of 12.1% during the forecast period.

Based on region, North America accounted for the highest share in 2021, contributing to nearly half of the total market share, and is projected to continue its leadership status by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 13.2% during the forecast period.

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Leading players of the global mortgage lending market analyzed in the research include Bank of America Corporation, Ally Financial Inc., Citigroup, Inc., BNP Paribas Fortis, JPMorgan Chase & Co, Fannie Mae, PT Bank Central Asia Tbk, Mr. Cooper Group Inc., Royal Bank of Canada, QNB, Social Finance, Inc., Rocket Mortgage, LLC, Truist, Standard Chartered, Wells Fargo, ClearCapital.com, Inc. and Roostify, Inc.

The report analyzes these key players of the global mortgage lending market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player. 

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mortgage lending market analysis from 2021 to 2031 to identify the prevailing mortgage lending market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the mortgage lending market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global mortgage lending market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

Type of Mortgage Loan

  • Conventional Mortgage Loans
  • Jumbo Loans
  • Government-insured Mortgage Loans
  • Others

Mortgage Loan Terms

  • 30-year Mortgage
  • 20-year Mortgage
  • 15-year Mortgage
  • Others

Interest Rate

  • Fixed-rate Mortgage Loan
  • Adjustable-rate Mortgage Loan

Provider

  • Primary Mortgage Lender
    • Primary Mortgage Lender
      • Banks
      • Credit Unions
      • NBFC’s
      • Others
  • Secondary Mortgage Lender

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Carbon Nano Materials Market Business Opportunities, Challenges, Drivers and Restraint Research Report by 2031

According to a new report published by Allied Market Research, titled, “Global Carbon Nano Materials Market,” The global carbon nano materials market was valued at $2.9 billion in 2021, and is estimated to reach $31.6 billion by 2031, growing at a CAGR of 27.7% from 2022 to 2031.

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Carbon nanoparticles are a unique class of materials that have widespread application in biomedical fields, such as drug delivery, biomedical imaging, biosensors, tissue engineering, and cancer therapy. Carbon nanomaterials can have numerous forms, including nanodiamonds, nanotubes, and graphene. These materials can be customized for a particular purpose owing to their diverse electrical, chemical, and magnetic properties as well as their exceptional structural strength.

The distinct structural and functional characteristics of carbon nanostructures make them perfect for imaging-based diagnostics. Graphene is the best material for scaffolds for tissue regeneration, whereas carbon nanotubes are simple to functionalize for stimuli-responsive, targeted drug delivery. Carbon nanodiamonds are perfect for biological functionalization, as their surface contains facets with various electrostatic fields. Functionalization, for instance, with chemotherapeutics, proteins and peptides, and/or nucleic acids, can provide a number of benefits simultaneously and produce potent theragnostic instruments.

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Carbon nanomaterials are widely employed in medicine and pharmaceuticals for the sensitive detection of essential biological molecules, more accurate and safer imaging of sick tissues, and innovative forms of treatment, owing to their electrical, optical, mechanical, and chemical capabilities, Some therapeutic and diagnostic compounds based on carbon nanomaterials have been developed for the treatment of asthma, pain, allergy, cancer, diabetes, and infections; these factors are anticipated to drive market expansion throughout the forecast period.

Rapid urbanization and rise in investments in the construction and medical industries, especially in the emerging countries of China and India, are projected to present opportunities for carbon nanomaterials in the future. However, high processing costs and strict environmental laws are anticipated to hamper market expansion.

A growing range of industries, including biomedical, energy, electronics, and wastewater treatment, are increasingly using carbon nanomaterials, and the U.S. market for these materials is expected to develop at the greatest rate in the area. The U.S. government makes significant investments in nanotechnology to lead global technological advancement. By means of the National Nanotechnology Initiative (NNI) initiative, it coordinates development on carbon nanomaterials.

Factors such as the anticipated increase in number of people exposed to these carbon nanoparticles, occupational exposure, and the projected evolution of potentially detrimental consequences in the coming years are expected to drive the establishment of stringent regulations. As a result, the predicted progressive strictness in carbon nanomaterials and nanotechnology regulations is expected to create a hurdle to industrial expansion in the future.

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Japan is anticipated to be the major provider of carbon nanomaterials, followed by China and South Korea during the forecast period. Major end-use sectors, such as electronics, automotive, and defense, increase regional product demand. Increase in discretionary spending, particularly in India and China, also contributes to the expansion of the industry.

The global carbon nanomaterials market is segmented into form and region. Depending on form, the market is classified into graphene, carbon nano fibers, fullerenes and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global carbon nanomaterials market are Arkema, Bayer AG, DuPont, G6 Materials Corp, Graphenea, Hollingsworth & Vose, Hydale Graphene Industries Plc, Hyperion Catalysis International, Inc., Jiangsu Cnano Technology Co., Ltd., LG Chem, MTR Ltd., Nano-C, Nanocyl SA, Otto Chemie Pvt. Ltd., SES Research Inc., Showa Denko K.K, Thomas Swan & Co. Ltd., and Tokyo Chemicals Industry UK Ltd.

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Other players operating in the carbon nanomaterials market are Nanostructured & Amorphous Materials Inc., Nopo Nanotechnologies, Ocsial, Ossila Ltd., and Raymor Industries Inc.

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

Contact:
David Correa
Portland, OR, United States
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