Flame Retardants For Aerospace Plastics Market is Anticipated to Upgrade USD 29.1 Million Revenue By 2022

The global flame retardants for aerospace plastics market is expected to reach USD 29.1million by 2022, according to a new report by Grand View Research, Inc. Growing plastics demand owing to lower airframe weight and fuel savings is anticipated to remain a major driving factor for the global market. 

Increasing air passenger traffic and evolving safety standards are also expected to have a positive influence on industry growth. Volatile price of key raw materials such as aluminum, phosphorous and nitrogen are expected to pose challenges to industry growth. 

Aluminum trihydrate (ATH) was the most popular flame retardant used widely as a synergist across aerospace plastic applications, on account of its low cost and abundant availability. ATH accounted for over 40% of total demand in 2014. Organophosphates/phosphorous compounds are expected to witness the highest growth of 5.9% from 2015 to 2022. 

Global flame retardants for aerospace plastics market was estimated at USD 17.9 million in 2014. The industry is characterized by increasing plastics usage in the aerospace sector and growing safety concerns regarding the flammability of these materials. Confined spaces in aircraft make it imperative to minimize fire hazards and boost passenger and cargo safety, by integrating flame retardants into plastics which are rapidly replacing most conventional materials in the aerospace sector.

The introduction of non-halogenated retardants such as antimony oxides, alumina trihydrate, and organophosphates has opened up new avenues for growth, even in developed markets that are hampered by stringent regulations. Carbon fiber reinforced plastics (CFRP) has been a major consumer of flame retardants with these composites finding application in a variety of airplane components that range from the cockpit to empennage.

Access Research Report of Flame Retardants For Aerospace Plastics Market @ http://www.grandviewresearch.com/industry-analysis/flame-retardants-aerospace-plastics-market

Further key findings from the report suggest:

·       Global flame retardants for aerospace plastics market volume was 4,099.7 tons in 2014 and is expected to reach 5,763.1 tons by 2022, growing at a CAGR of 5.3%from 2015 to 2022

·       Carbon fiber reinforced plastics (CFRP) emerged as the leading application segment and accounted for over 30% of total demand in 2014. The material is widely utilized in defense jets as armor shields owing to its high impact resistance, in order to reduce accidental damage to engine pylons. CFRP is also expected to witness the highest growth of 5.8% from 2015 to 2022.

·       Polycarbonates is also expected to witness significant growth owing to their increasing penetration in aerospace industry on account of their optical clarity and high transparency, coupled with durability and extreme tolerance to duress in aircraft components.

·       Europe was the leading regional market owing to vast presence of major airline companies such as Boeing, Airbus, Rolls Royce Holding and others. Europe accounted for 43.8% of global demand in 2014.

·       Asia Pacific remains the fastest growing market owing to expanding aviation industry and rising consumer disposable income in emerging economies such as China, India, Vietnam, Indonesia and Thailand. The region is likely to grow at a CAGR of 7.2% from 2015 to 2022.

·       The global industry is characterized by high level of integration among major chemical and flame retardant manufacturers such as BASF and the Dow Chemical Company. Key participants in the industry include Solvay, Sinochem, Israel Chemicals, Royal DSM, Rio Tinto, DIC Corporation, Ciba, Chemtura, Albemarle, Clariant Corporation and BASF.

Grand View Research has segmented the flame retardants for aerospace plastics market on the basis of product, applicationand region:

Global Flame Retardants for Aerospace Plastics Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Antimony Oxide

·         Aluminium Trihydrate

·         Organophosphates

·         Boron Compounds

·         Others

Global Flame Retardants for Aerospace Plastics Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Carbon Fiber Reinforced Plastic (CFRP)

·         Glass Reinforced Plastic (GRP)

·         Polycarbonate

·         Thermoset Polyimide

·         Acrylonitrile Butadiene Styrene (ABS)

·         Acetal/Polyoxymethylene (POM)

·         Epoxies

·         Others

Global Flame Retardants for Aerospace Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Press Release of Flame Retardants For Aerospace Plastics Market@ https://www.grandviewresearch.com/press-release/global-flame-retardants-aerospace-plastics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Polyurethane Dispersion Market to Reflect Robust Expansion by 2022

The global polyurethane dispersion (PUD) market is expected to reach USD 1.6 billion by 2022, according to a new report by Grand View Research, Inc. Growth of the key end-use industries including automotives, packaging, furniture, textile and leather is expected to drive the global polyurethane dispersion market over the forecast period. Civil unrest in Middle East and North Africa coupled with depleting crude oil reserves has been major factor influencing petrochemical prices globally. Volatile MDI and TDI prices are expected to remain a key challenge for market participants over the next seven years.

Global polyurethane dispersion market size exceeded 290 kilo tons in 2014. Leather and textile industry were major end-use application industries in 2014. Growing leather and textile products demand in daily life as well as the fashion industry is expected to drive the global market over the forecast period.

It also finds application in automotive industry. Automotive production has witnessed rapid growth over the recent past, particularly in the developing regions such as Asia Pacific and Central & South America. These regions along with experiencing rapid growth in automobile demand also offer low manufacturing cost to manufacturers. Various government policies such as “Make in India” have encouraged FDI in the automotive sector.

Access Research Report of Polyurethane Dispersion Market @ http://www.grandviewresearch.com/industry-analysis/polyurethane-dispersion-market 

Water based PUD was the leading product segment and accounted for 53.8% of total market volume in 2014. Favorable regulatory norms for water based dispersants have resulted in the rise in consumption. It is also expected to witness the highest growth of 6.4% from 2015 to 2022. Stringent regulations particularly in developed economies of North America and Europe are expected to retard growth of solvent based PUD. 

Further key findings from the report suggest:

·       Global polyurethane dispersion (PUD) market size was 296.4 kilo tons in 2014 and is expected to grow at a CAGR of 5.9% from 2015 to 2022.

·       Automotive, packaging, interiors and furniture are key application for PUD. Growth of these industries in BRICS market is expected to fuel PUD demand over the forecast period. Synthetic leather is expected to witness significant gains in its market size. The segment is expected to grow at an estimated CAGR of 7.5% from 2015 to 2022.

·       Asia Pacific was the leading regional market with demand share estimated at 37% in 2014. Positive outlook on automotive and textile industries in China, India and Indonesia is expected to drive the regional growth. Asia Pacific is also expected to witness the highest growth of 6.5% from 2015 to 2022.

·       PUD industry is moderately concentrated with high degree of competitiveness among the market participants to gain market share. Key industry participants have been focusing on consolidation of industry. High concentration of unorganized manufacturers in China is expected to pose challenge for market leaders in terms of price and product offerings. Major companies operating in the global market players include BASF, The Dow Chemical Company, Bayer MaterialScience and Cytec. 

Grand View Research has segmented the polyurethane dispersions (PUD) market on the basis of product, application and region: 

PUD Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Water-based dispersions

·         Solvent-based dispersions

PUD Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         Textile Finishing

·         Natural Leather Finishing

·         Synthetic Leather

·         Others

PUD Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

Access Press Release of Polyurethane Dispersion Market@  https://www.grandviewresearch.com/press-release/global-polyurethane-dispersion-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

U.S. Esters Market Is Expected To Accomplish A Valuation Of Around USD 4.34 Billion By 2022

The U.S. esters market is expected to reach USD 4.34 billion by 2022, according to a new report by Grand View Research, Inc. Growing consumer awareness towards bio-based ingredients in cosmetic and surfactants sector is expected to play a key role in driving industry growth over the next seven years. Surging fatty acid and allyl & aromatic esters demand can be attributed to growing personal care industry in the U.S. In addition, chemical functions such as stabilization of colloidal dispersions and detergency have contributed to its significant demand in cosmetic and soap applications. 

The U.S. esters market was valued at USD 3.16 billion in 2015. Growing demand for emulsifiers and stabilizers in personal care and detergent sectors is expected to drive product demand over the forecast period. In addition, hydraulic stability and lubricity of phosphate and fatty acid derivatives are further anticipated to drive industry growth over the forecast period.

Esters used in synthetic lubricants play a pivotal role in the country’s economy where hydrocarbon E&P contributes a major share to the economy. Synthetic ester lubricants have gained prominence over the past few years owing to their affinity for metal surfaces and high viscosity index. These product attributes to enhance the lubricity that subsequently minimizes sludge deposits and engine fouling.

Acrylic esters emerged as the leading product segment with demand share estimated at 42.3% in 2014. High penetration of this segment can be attributed to methyl acrylate that has significant demand in coatings, adhesives, sealants, and elastomers (CASE) application. CASE segment was valued at 172.9 million in 2014. In addition, it is also used in producing woven & non-woven textiles, inks, pressure sensitive adhesives, leather finish, and plastics. 

Fatty esters emerged as the second major contributor to industry growth in 2014. Growth in this segment can be attributed to surging demand for glycerol monostearate (GMS) in food additive and personal care industries. GMS demand in the U.S. is estimated to reach 180 kilo tons by 2022. Growing demand for seasonings and confectionary in various public gatherings and festivals is expected to drive GMS demand over the next seven years. 

Access Research Report of U.S. Esters Market @ http://www.grandviewresearch.com/industry-analysis/us-esters-market

Further key findings from the report suggest:

·       The U.S. esters market demand was 1,481.0 kilo tons in 2014 and is expected to reach 2,073.5 kilo tons by 2022, growing at a CAGR of 4.3% from 2015 to 2022.

·       Cellulose esters are anticipated to emerge as the fastest growing product segment and reach a net demand of 255.2 kilo tons by 2022.

·       Lubricants segment is expected to emerge as the largest application for phosphate esters and is projected to grow at an estimated CAGR of 3.7% over the forecast period.

·       Medium chain triglycerides (MCT) are estimated to emerge as fastest growing fatty acid ester owing to surging demand in dietary and medical supplements. MCT demand in dietary supplement is expected to reach USD 83.5 million by 2022.

·       Key players operating in the industry include Arkema, Lanxess, Dow Chemical, Chemtura, and DuPont that have integrated the raw material processing and ester production. Other major industry participants include Rotuba, Elementis Specialties, Polymer Plastics Co. LC, PMC Biogenix, Croda International, Valtris Specialty Chemicals, Innospec, and LG Chem.

Grand View Research has segmented the U.S. esters market on the basis of product:

U.S. Esters Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2022)

·         Fatty esters

·         Phosphate esters

·         Acrylic esters

·         Cellulose esters

·         Allyl & aromatic esters

·         Others

Access Press Release of U.S. Esters Market@  https://www.grandviewresearch.com/press-release/us-esters-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Aerospace Lubricant Market to Account for USD 998.1 Million by 2022

The global aerospace lubricant market is expected to reach USD 998.1 million by 2022, according to a new report by Grand View Research, Inc. Rising number of trade activities in Asia Pacific and Middle East region has resulted in need for expansion of aviation capacity further driving lubricant demand. 

Global aerospace lubricant market was valued at USD 760.4 million in 2014. Increasing air traffic in both developed as well as developing economies such as U.S., UK, India and China is expected to drive aerospace lubricant market over the forecast period.

Global air passenger traffic grew by over 6% in 2015 owing to lower airfares along with an increase in the frequency of flights. The Middle East and Africa, outperforming North America, witnessed considerable growth with increasing revenue passenger kilometers year on year. Aviation lubricants improve the operational efficiency of engines, by reducing friction between two coated surfaces, resulting in more distance traveled with the same amount of fuel.

Fuel economy improvement, supportive regulatory policies and fuel emission norms have been creating additional demand for lubricant. At the same, these factors have also been pushing producers to invest in R&D and formulate usage specific products with higher serviceability and viscosity. 

Increasing air passenger traffic as a result of rapidly developing civil aviation sectors in high growth Asian markets coupled with reduced airfares as a result of high competition from aviation companies is a key factor driving aircraft utilizations and miles. This is further expected to complement the global industry growth. 

Gas turbine oil was the leading product segment and accounted for 45.0% of total market volume in 2014. High oxidative stability, water contamination resistance, and reduction of downtime are factors that are driving base oil development to meet increasing aircraft specifications. 

Access Research Report of Aerospace Lubricant Market @ http://www.grandviewresearch.com/industry-analysis/aerospace-lubricant-market

Further key findings from the report suggest:

·       The global aerospace lubricant market demand exceeded 90 kilo tons in 2014 and is expected to reach 133.8 kilo tons by 2022, growing at a CAGR of 4.8%from 2015 to 2022

·       Civil aviation emerged as the largest end-use segment with demand share exceeding 65% in 2014. The sector is expected to generate high demand for lubricating oil particularly engine oil as a result of increased trans-continental travel, domestic air passenger traffic rise in Asian markets and strong preference towards aviation from locomotives in developing markets.

·        Asia Pacific was the leading consumer and accounted for 39.0% of global volume in 2014. Growing civil aviation sector as a result of reduced airfares, increased presence of aircraft operators and rising consumer income particularly in China, India, Thailand, and Indonesia is expected to drive the regional market over the forecast period.

·       Aerospace lubricant market is characterized by the presence of integrated companies who are involved in additive and base oil production as well. In regions such as China, there is a huge presence of independent blenders which leads to fragmentation.

·       Key companies in the industry include Exxon Mobil, Shell, British Petroleum, Total Lubricant, Chevron Corporation, Fuchs Group, Phillips 66, Castrol, Sinopec, Petrobras, Quaker Chemical Corporation and Aerospace Lubricant, Inc.

Grand View Research has segmented the aerospace lubricant market on the basis of product, end-use and region:

Global Aerospace Lubricant Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Gas Turbine Oil

·         Piston Engine Oil

·         Hydraulic Fluid

·         Others

Global Aerospace Lubricant End-Use Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Civil

·         Defense

·         Space

Global Aerospace Lubricant Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East and Africa

Access Press Release of Aerospace Lubricant Market@ https://www.grandviewresearch.com/press-release/global-aerospace-lubricant-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com