Ethylene Vinyl Acetate (EVA) Resins Market: ASEAN Region is Poised to Expand at a CAGR Value of 6.7% During Forecast Period 2021-2028

The ASEAN ethylene vinyl acetate (EVA) resins market generated $4.4 billion in 2019, and is estimated to garner $8.0 billion by 2028, witnessing a CAGR of 6.7% from 2021 to 2028. The report provides an extensive analysis of changing market dynamics, value chain, key segments, regional scenarios, top investment pockets, and competitive landscape.

Development of the packaging industry, surge in investment in solar energy generation set-ups, and increase in demand from different sectors such as footwear & foam drive the growth of the ASEAN ethylene vinyl acetate (EVA) resins market. However, threats of substitutes and concerns related to usage of EVA in photovoltaic packaging hinder the market growth. On the other hand, emergence of bio-based EVA resin materials creates new opportunities in the coming years.

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Covid-19 Scenario:

  • The production of EVA resins halted partially or completely due to lockdown implemented during the Covid-19 pandemic. In addition, the supply chain has been affected negatively amid the lockdown.
  • The demand from various end-users such as building & construction, automotive, and photovoltaic panel industries across the ASEAN countries reduced considerably due to halt in daily operations.  Moreover, the demand for EVA resins from footwear manufacturers is estimated to decline during the Covid-19 pandemic with decline in sale.
  • During the post-lockdown, restrictions in countries such as China and India have been lifted off, and manufacturing activities have resumed with full capacity, and demand from end-user industries is expected to rise steadily.

The report offers detailed segmentation of the ASEAN ethylene vinyl acetate (EVA) resins market based on type, application, end user, and country.

Based on type, the thermoplastic ethylene VA segment contributed the largest share in 2019, holding more than two-thirds of the total share, and is estimated to maintain its lead position during the forecast period. However, the ethylene VA rubber segment is expected to portray the highest CAGR of 7.0% from 2021 to 2028.

Based on application, the foam segment held the largest share in 2019, accounting for more than half of the ASEAN ethylene vinyl acetate (EVA) resins market, and is estimated to maintain the highest contribution throughout the forecast period. However, the solar cell encapsulation segment is expected to witness the highest CAGR of 9.9% from 2021 to 2028.

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Based on country, China accounted for the highest share, contributing to nearly three-fifths of the total market share in 2019, and will maintain its dominance in terms of revenue by 2028. However, India is expected to manifest at the fastest CAGR of 9.6% during the forecast period.

Leading players of the ASEAN ethylene vinyl acetate (EVA) resins market analyzed in the research include Arkema S.A., Celanese Corporation, Braskem S.A., Innospec Inc., DOW Inc., Formosa Plastics Corporation, ExxonMobil Corporation, Total SA, Hanwha Chemical Co, Ltd., China Petrochemical Corporation, SIPCHEM, Eastman Chemical Company, Lyondell Basell Industries N.V., and Lotte Chemical Corporation.

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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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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. 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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U.S. and Canada Abrasives Market Will Exhibit Sluggish Growth at 6.2% CAGR During the Forecast Period 2019-2026

The U.S. and Canada Abrasive Market accounted for $7.35 billion in 2018, and is projected to reach $11.9 billion by 2026, growing at a CAGR of 6.2% from 2019 to 2026.

High demand from the electronic industry and rise in demand in vehicle and bicycle brakes have boosted the growth of the U.S. and Canada abrasive market. However, restrictions on the use of silica-based abrasives hamper the market growth. On the contrary, increase in demand in the medical and biotechnology sector is expected to create lucrative opportunities in the near future.

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The U.S. and Canada abrasive market is segmented on the basis of type, applications, industry verticals, material, and country. Based on type, the market is divided into bonded abrasives, coated abrasives, and super abrasives. The bonded abrasive segment dominated the market in 2018, accounting for nearly half of the market. However, the super abrasives segment is estimated to register the highest CAGR of 6.7% during the forecast period.

On the basis of applications, the market is categorized into cutting, sanding, grinding, blending, finishing, brushing, and others. The grinding segment held the largest share in 2018, contributing to more than one-fourth of the total revenue. Moreover, the segment is estimated to register the fastest CAGR of 7.0% during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: @ https://www.alliedmarketresearch.com/request-for-customization/6475

Based on industry verticals, the market is divided into automotive (only cars), automotive aftermarket service, construction, oil, gas and petrochemicals, aerospace, food processing, pharmaceuticals, transportation equipment (except cars), metal fabrication, mining, shipyards, cannabis, others. The aerospace segment is estimated to register the highest CAGR of 7.5% during the forecast period. However, the automotive (only cars) segment dominated the market in 2018, accounting for more than one-fourth of the total market.

The market across the U.S. held the lion’s share in 2018, contributing to more than 90% of the market. However, the market across Canada is expected to register the highest CAGR of 7.9% during the study period.

The market report includes an in-depth analysis of the major market players such as Avery Abrasives Inc., Robert Bosch GmbH, Hermes Schleifmittel GmbH, Compagnie de Saint-Gobain S.A., Carborundum Universal Limited (CUMI), Klingspor AG, Vereinigte Schmirgel-und Maschinen-Fabriken AG (VSM), Stanley Black & Decker, Pearl Abrasive, Flexovit 3M Inc, Sait Abrasive S.p.A. (United Abrasives, Inc.), Extreme Abrasives, Rapid Abrasives & Accessories Inc., Makita Corporation (Makita Canada Inc.) Gemtex Abrasives and Günter Wendt GmbH.

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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. 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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Artificial Turf Market with Top Growth Companies Global Growth, Size, Trends, Industry Analysis by 2026

Allied Market Research published a new report, titled, “Artificial Turf Market“. The report has offered an all-inclusive analysis of the global market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

The artificial turf market is expected to grow significantly in terms of volume during the forecast period. The increased demand from the ceramic industry, development of the nuclear power plants, and upsurge in the use of surface coating are expected to drive the market in the upcoming years. The development of the ceramic industry and accelerated use of tiles and granites in many counties drive the market growth.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the leading artificial turf end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global artificial turf market. The forecasts are also provided with respect to the product, application, and regional seg

ments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Top 10 leading companies in the global artificial turf market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Grass Corporation, FieldTurf, Global Syn-Turf, Inc., Controlled Products, LLC (GrassTex), ForestGrass, Synlawn Artificial Grass, The Dow Chemical Company (DOW), and TigerTurf. products and services. The key players operating in the global artificial turf industry .

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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Key Benefits:
• The report provides a qualitative and quantitative analysis of the current artificial turf market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned. The market report also provides an understanding of the current position of the market players active in the artificial turf industry.

Highlights of the Report:
• Competitive landscape of the market.
• Revenue generated by each segment of the artificial turf market by 2027.
• Factors expected to drive and create new opportunities in the artificial turf industry.
• Strategies to gain sustainable growth of the market.
• Region that would create lucrative business opportunities during the forecast period.
• Top impacting factors of the artificial turf market.

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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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Aluminum Market: North America Remains at the Forefront of Global Demand

The North America aluminum market was valued at $12,076.0 million in 2015 and is projected to reach $17,995.6 million by 2023, growing at a CAGR of 5.1% from 2016 to 2023. The transport segment dominated the market in 2015, with around one-third share, in terms of revenue.

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 across the globe. In addition, technological advancements and rapid development & urbanization in the emerging economies and growth in aluminum demand from various end-user industries such as foil & packaging supplement the market growth. Modern manufacturers are enhancing the design of aluminum cans to make the cans more hygienic. An overall increase in the 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-use industries 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. Fluctuation in prices of raw materials, stringent government regulations toward usage of energy, and increase in substitutes such as carbon fiber hinder the growth of the aluminum market. However, rise in demand for recycled aluminum products and growth in usage of aluminum in emerging economies provide lucrative opportunities for market expansion.

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In 2015, the transport segment accounted for close to one-third share of the market, in terms of volume. Aluminum products are extensively used in the 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 the usage of aluminum 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.

Extrusions segment holds the largest share, in terms of revenue and is expected to grow at a CAGR of 4.8%. 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.

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The prominent market players are Alcoa, Norsk Hydro, Rio Tinto Alcan, Arconic, Century Aluminum, Novelis, Access Industries, United Company RUSAL, Kaisar Aluminum, and JW Aluminum and others. The other player includes United Aluminum, GYFORDPRODUCTIONS, LLC, ALUMINERIE ALOUETTE INC., Extrudex Aluminum, and Almag Aluminum.

KEY FINDINGS OF THE STUDY

  • Based on processing method, the flat rolled segment accounted for 29.4% regional share, in terms of value
  • Based on end-use industry, the transportation segment dominated the North America market with 31.9% regional market share in 2015 in terms of value
  • By country, U.S. is predicted to be the dominant over the forecast period, in terms of both volume and revenue

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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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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. 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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Staple Fiber Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2023

The staple fibers market was valued at $161,591 million in 2016, and is projected to reach $206,919 million by 2023, growing at a CAGR of 3.6% from 2017 to 2023. The cotton segment accounted for more than half of the global market in 2016.

Staple fiber can be defined as a fiber of discrete length of any composition, which can be drawn into yarn and can be both natural and synthetic. Staple fibers are synthetic fibers majorly comprising a polyester. They are made from PET or PTA sheets or from recycled PET bottle flakes. Staple fibers made from PTA or PET are called as virgin staple fibers, whereas those made from recycled PET bottle flakes are known as recycled staple fibers. Staple fibers are widely used in textile, automotive, and furniture industries.

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Staple fibers are widely used in applications such as construction, apparel, automotive, home furnishing and filtration among others. The yarns of long staple fibers are ideal to manufacture heavy-use objects such as coats, blankets, wrap threads, carpets, and rugs, which has fueled the demand for staple fibers, thereby driving the market growth. Moreover, rise in demand for winter clothing especially across the colder regions has supplemented the demand for staple fibers. In addition, increase in sales of automobiles has accelerated the demand for staple fibers, as they are used in car fabrics such as seats and seat covers. Moreover, increase in use of staple fibers in construction activities due to significant temperature stability and improvement in tensile & shear properties fuel the growth of the market. However, volatile prices of raw materials hamper the market growth.

The cotton segment accounted for around half of the global market, in terms of volume, in 2016. The demand of staple fibers has increased due to increase in use of staple fibers in the automotive industry. Thus, increase in requirement of synthetic staple fibers in automotive upholstery and rise in adoption of new fibers, especially in apparels and clothing, drive the market growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: @ https://www.alliedmarketresearch.com/request-for-customization/3004

Key Findings of the Staple Fibers Market:

  • The polyester segment is anticipated to grow at the highest CAGR during the analysis period.
  • The apparel application segment accounted for the highest share in the global staple fibers market and is anticipated to maintain its dominance throughout the forecast period growing at a CAGR of 3.9%.
  • Asia-Pacific is projected to maintain its lead position from 2017 to 2023, growing at a CAGR of 2.8%, in terms of volume.
  • The cotton segment occupied for more than half of the total market in 2016.
  • China occupied around three-fourths of the Asia-Pacific market in 2016.
  • In terms of value, France is expected to grow at a significant CAGR of 3.7% during the forecast period.

In 2016, Asia-Pacific and LAMEA collectively accounted for nearly 90% of the global market, in terms of volume, and are expected to continue this trend during the forecast period, owing to increase in urbanization, especially in China, India, Brazil, and other developing countries. Moreover, development of the textile industry, increase in per capita income, and growth in overall consumer expenditure drive the growth of the Asia-Pacific market.

The major companies profiled in the report include Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Toray Industries, Inc., China Petroleum & Chemical Corporation, Reliance Industries Limited, W. Barnet GmbH & Co. KG, Aditya Birla Group, Zhejiang Fulida, and Swan Fiber Company.

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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. 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 Nanotubes Market Value To Hit $103.2 Billion By 2030 | Leading Global Companies and Regional Average Pricing Analysis

Carbon Nanotubes Market by Type ((Single-Walled Carbon Nanotubes (SWCNTs) and Multi-Walled Carbon Nanotubes (MWCNTs)), Application (Structural Polymer Composites, Conductive Polymer Composites, Conductive Adhesives, Fire Retardant Plastics, Metal Matrix Composites, Li-ion Battery Electrodes, and Others), and End User (Electricals & Electronics, Aerospace & Defense, Energy, Sporting Goods, Automotive, Industrial, and Others): Opportunity Analysis and Industry Forecast, 2020–2027″. As per the report, the global carbon nanotubes industry was pegged at $2.6 billion in 2019, and is estimated to reach $5.8 billion by 2027, growing at a CAGR of 10.7% from 2020 to 2027.

Drivers, restraints, and opportunities

Increasing demand in the electricals & electronics industries, growing demand from the Asia-Pacific region, surge in penetration in the aerospace & defense sector have boosted the growth of the global carbon nanotubes market. Moreover, wide acceptance of MWCNTs, significant investment in R&D, and rise in demand for renewable energy sources supplemented the market growth. However, high production cost of SWCNT and increasing demand for inorganic and boron nitride nanotubes hamper the market. On the contrary, rising healthcare market in the Asia-Pacific region and growing penetration in the automotive industry are expected to create lucrative opportunities for the market players in the coming years.

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COVID-19 scenario:

There is ongoing research regarding use of carbon nanotubes to develop sensors to detect proteins or carbohydrates at the level of single cells.However, lack of skilled labor and disrupted supply chain has hampered the manufacturing of carbon nanotubes.The multi-walled carbon nanotubes (MWCNT) segment dominated the market

By type, the multi-walled carbon nanotubes (MWCNT) segment held the largest share in 2019, accounting for nearly two-thirds of the global carbon nanotubes market, owing to its significantly lower costs as compared to SWCNTs. However, the single-walled carbon nanotubes (SWCNT) segment is expected to manifest the highest CAGR of 15.0% during the forecast period, due to its comparatively superior electronic properties making it ideal for ESD applications.

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The aerospace & defense segment is expected to manifest the highest CAGR through 2027

By end user, the aerospace & defense segment is anticipated to portray the highest CAGR of 12.7% during the forecast period, owing to growing demand for lightweight structural components and electronic packaging for aircrafts, communications systems, and aerospace applications. However, the automotive segment held the largest share in 2019, accounting for nearly one-third of the global carbon nanotubes market, due to use of CNTs in automobile fuel systems, braking components, and tire reinforcement.

Asia-Pacific, followed by North America, held the lion’s share

By region, the global carbon nanotubes market across Asia-Pacific, followed by North America, held the largest share in 2019, contributing to nearly half of the market. Moreover, the region is expected to portray the highest CAGR of 11.6% during the forecast period, due to presence of vast manufacturing base in countries such as China, Japan, Australia, and India. The research also offers a detailed analysis of regions including North America, Europe, and LAMEA.

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Major market players

Arkema GroupCheap Tubes Inc.Chasm Advanced Materials Inc.Futurecarbon GmbHCnano Technology LimitedKlean Industries Inc.Hyperion Catalysis InternationalNano-C Inc.LG ChemNanocyl SAOCSiAlToray 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.

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India Powder Coatings Market Overview, Scope, , Share, and Demand By 2025

According to a new report published by Allied Market Research, titled,India Powder Coatings Market by Resin Type, Coating Method, and Application: Opportunity Analysis and Industry Forecast, 2018 – 2025,”The India powder coatings market accounted for revenue of $896.7 million in 2017 and is anticipated to generate revenue of $1,508.2 million by 2025. The India powder coatings market is projected to grow at a CAGR of 6.6% from 2018 to 2025.

Powder coatings are gaining increased importance in the automotive, furniture, appliances, and others, as powders are an essential part of a construction that experience damages such as spillage; abrasion; and exposure to dust, chemicals, heavy load, and UV light. Major manufacturers focus on advancement in technology for the development of eco-friendly products. Epoxy powder coating is a major resin type used across all the major industries in the India powder coatings market. The factors that drive the India powder coatings market growth include rise in awareness related to the benefits provided by the powder coatings in industrial, and development of powder coatings in compliance to the environment. The India powder coatings market size is expanding at a significant pace on account of rising foreign direct investments (FDI) due to Make in India scheme.

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The use of metallic epoxies for garage and other commercial powder spaces is the latest trend in the commercial powder coatings market, as they provide high-gloss, metallic finish, which enhance the look of the powder. Moreover, these powder coatings exhibit prolonged durability and resist abrasion. Also, they are easy to maintain. Imparting aesthetic appearance to the indoor spaces, which further facilitate their adoption in the India powder coatings market. Such innovation and product development shift the use of traditional powder coatings toward new advanced powder coating solutions.
Rapid urbanization in India leads to upsurge in civil construction activities, which is a key factor that promotes the usage of powder coatings. This is further anticipated to increase the India powder coatings market share in the APAC region.

The India powder coatings market is segmented based on resin type, coating method, application, and region. Based on resin type, it is categorized into thermoset and thermoplastic. By coating method, the market is classified into electrostatic spray, and fluidized bed. By application, it is classified into appliances, automotive, architectural, furniture, agriculture, construction, and earthmoving equipment (ACE), general industrial, and others. By region, the market is studied across North India, South India, East India, and West India.

India powder coatings market analysis covers in depth information of major industry participants. The key players analyzed in India powder coatings market are Akzo Nobel India Ltd., Jotun India Private Limited, Marpol Private Limited, Rapid Engineering Co. Pvt. Ltd., Berger Paints India Limited, and PPG Asian Paints Private Limited., Maharani Paints Pvt. Ltd., Durolac Paints, Inc., Titan Paints & Chemicals Ltd., and Tulip Paints. Other players operating in the market include the Zigma Paints (P) Limited, Paramount Powders Pvt. Ltd., Chanda Paints Pvt. Ltd., and Par-Ferro Coatings Pvt. Ltd.

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Key Findings of the India Powder Coatings Market:

  • Thermoset in the resin type segment dominated the India powder coatings market with a revenue share of over 95.2% in 2017
  • North India is projected to grow at a highest CAGR of nearly 7.0%, in terms of revenue, during the forecast period
  • The appliances segment dominated the application segment with 30.2%- share in 2017
  • The India powder coatings market trends has been analyzed across the major states of the region.
  • The major states in each region have been mapped according to their individual revenue contribution to the regional market.
  • The qualitative data in this report aims on the market dynamics, trends, and developments in the India powder coatings industry while the quantitative data provides information of the India powder coatings market size in terms of value as well as volume.

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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. 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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Herbicides Market Sales Revenue to Touch $7,998.9 Million By 2025 | Major Companies, Strategies and New Trends

According to a new report published by Allied Market Research, titled,Herbicides market by type, mode of action, and crop type: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global herbicide market size is expected to reach an overall market revenue of $7,998.9 million by 2025, by growing at a CAGR of 4.8% during the forecast period.

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Glyphosate, a glycine derivative broad-spectrum & non-selective herbicide holds the largest market share among other herbicides, globally. Furthermore, it kills weeds more effectively without affecting crops compared to other commercially available herbicides. Renowned chemical manufacturers such as DuPont and BASF are manufacturing glyphosate under brand names Abundit Extra, KIXOR, respectively. However, usage of 2,4-D, is banned in countries such as Canada, Denmark and Norway due to the high level of dioxin contamination and risk of spreading cancer. Currently, the usage of organic herbicide, as a replacement of 2,4-D, is being considered worldwide; although, the effectiveness of organic herbicides to control weed is still under research.

Growth Drivers and Industry Trends

The report provides a comprehensive analysis of the herbicides market covering aspects including market size and share, market dynamics, market segmentation, and competitive landscape. The report serves as a vital tool for stakeholders such as market players and investors as it helps them determine how the market will evolve across different regions and technology segments. It also helps them to grab the opportunities to grow and expand in the space.

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The report offers an analysis of the growth drivers, restraints and opportunities of the global herbicides market. High adoption of herbicides in Latin America, unavailability of fertile land, and decrease in workforce and consequential rise in labor charges drive the growth of the market. However, health hazards by herbicides and growth in health concern restrict the growth of the industry. Conversely, potential in Asia-Pacific and Latin America and prompt acceptance of bioherbicides offer new opportunities for the growth of the market.

Segmentation Analysis of the Industry

The report offers a broad segmentation of the global herbicides market. It segments the market into type, mode of action, crop type, and region. Based on type, the market is classified into synthetic herbicide and bioherbicide. The synthetic segment contributed 95.3% of the total market share in 2017 and will maintain its dominance through 2025. The mode of action segment is divided into selective and non-selective. The selective segment is expected to maintain its lead position in terms of revenue through 2025. Among the crop types, the soybean segment is likely to grab the largest market share during the forecast period. The other subsegments of this section are corn, cotton, wheat, and others. The report covers a study of the regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to register the highest CAGR of 6.5% through 2025 while Europe would maintain its dominance in terms of revenue through the study period.

Industry Key Players

The report also includes an analysis of the leading players operating in the global herbicides market. They include BASF, Bayer AG, DowDupont, Syngenta AG, FMC Corporation, Adama Agricultural Solutions Ltd, and Nufarm Ltd.

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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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Nano-coatings Market Projected To Hit$13,094 Million by 2022 | Analysis, Sales Revenue, Key players and Future Investment

Nanocoatings Market by Type (Anti-fingerprint, Antimicrobial, Easy-to-Clean & Anti-Fouling, Self-Cleaning {Bionic & Photocatalytic}, Anti-Icing & Deicing, Anticorrosion, Conductive, UV, Abrasion, & Wear Resistant) and Application (Electronics, Energy, Food & Packaging, Construction, Marine Industry, Military & Defense, Automotive, Aerospace, Healthcare): Global Opportunity Analysis and Industry Forecast, 2017–2023”. According to the report, global nanocoatings market accounted for $5.21 billion in 2017 and is expected to reach $13.09 billion by 2022, registering a CAGR of 21.0% during the forecast period.

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Performance benefits and commercial activities and rise in awareness regarding infection as well as hospital-acquired infections (HAI) have boosted the growth of the global nanocoatings market. However, volatility in the prices of raw materials and hazards to health & environment hamper the market growth. On the contrary, growing healthcare, automotive, and construction markets and display screen of electronics requiring functional coating are expected to create lucrative opportunities in the near future.

The global nanocoatings market is segmented on the basis of type, application, and geography. Based on type, the market is divided into anti-fingerprint, antimicrobial, easy-to-clean & anti-fouling, self-cleaning (bionic & photocatalytic), anti-icing & deicing, anticorrosion, conductive, UV, abrasion, & wear resistant. The self-cleaning (bionic and photocatalytic) segment held the largest share in 2017, contributing more than two-fifths of the total market. However, the anti-corrosion segment is projected to manifest the fastest CAGR of 36.4% during the forecast period.

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On the basis of application, the market is bifurcated into electronics, energy, food & packaging, construction, marine industry, military & defense, automotive, aerospace, healthcare. The electronics segment dominated the market in 2017 in terms of revenue, contributing nearly one-fifth of the market. However, the automotive segment is estimated to register the fastest CAGR of 21.7% during the forecast period.

The global nanocoatings market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2017, accounting for nearly two-fifths of the total market. However, the market across the Asia-Pacific region would register the fastest CAGR of 23.3% through 2023.

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The report provides an in-depth analysis of the major market players such as Nanogate AG, Buhler AG, Bio-Gate AG, Nanophase Technologies Corporation, Surfix BV, Admat Innovations, EIKOS Inc., Nanomech Inc., Duraseal Coatings Company LLC, and CIMA Nanotech.

Smiler Reports

Stealth Coating Market to Garner $375.0 Million, Globally, By 2027

Antireflective Coatings Market Reach $4,858 Million by 2022

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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Base Oil Market Regional Overview, Opportunity, Growth and Trends Analysis by 2030

The global base oil market was valued at $34.9 billion in 2020, and is projected to reach $41.7 billion by 2030, growing at a CAGR of 1.8% from 2021 to 2030. Asia-Pacific dominates the base oil market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.

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The demand for high-grade lubricant oils in the automotive industry, and stringent environmental legislation leading to strict performance standards drive the growth of the market. However, the fluctuating costs of crude oil and regulations concerning emission norms are expected to hamper the market growth in the future. The global shift from Group I base oils to Group II & III present numerous growth opportunities to market players.


The automotive oil segment accounted for almost half the share of the total base oil market in 2020, in terms of value, and is expected to maintain its dominance during the forecast period. However, application of base oils in industrial oils is expected to grow at a comparatively high rate due to stricter emission norms in EU and EPA regions.


The global economy profits from declining oil costs because of high financial multiplier in the emerging oil-importing economies. Therefore, base oil utilization in the automotive sector is expected to grow through both increasing purchasing power (new and second-hand automotive deals) and expanding vehicle usage. This growth is estimated to be particularly noticeable in the developing countries, and control the decline in Group I base oil demand.

Key Benefits For Stakeholders

  • The report provides in-depth analysis of the global base oil market along with the current trends and future estimations. 
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global base oil market for strategy building.
  • A comprehensive market analysis covers the factors that drive and restrain the global base oil market growth.
  • The qualitative data about market dynamics, trends, and developments is provided in the report.

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In 2016, North America and Asia-Pacific collectively accounted for more than two-thirds of the entire global base oil market, in value terms. Asia-Pacific is expected to grow at the highest rate during the forecast period. High automotive lubricant demand and industrial growth from emerging countries, such as China, India, South Korea, and Australia, are estimated to drive the market growth.

The major companies profiled in the report include BP PLC, Chevron Corporation, Ergon Inc., Evonik Industries, Exxon Mobil Corporation, H&R lwerke Schindler GmbH, Nynas AB, Petronas, Royal Dutch Shell PLC, SK Lubricants Co. Ltd., and Total S.A.

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.

Contact:

David Correa
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