Polyaryletherketone Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development by 2026

The global polytetrafluoroethylene market size is expected to reach USD 1.42 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.1% over the forecast period. Rising demand for polytetrafluoroethylene (PAEK) can be attributed to its superior properties including low permeability, outstanding chemical resistance, good energy radiation resistance, and high electrical strength.

Consumption of polyether ketone ketone (PEKK) has been on a rise owing to its various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery components in medical applications.

The medical application segment accounted for 9.4% of the overall revenue in 2018 and is expected to witness strong growth on account of high usage of polyether ether ketone (PEEK) in the spinal area, anterior cervical corpectomy and fusion, rotator cuffs, shoulder labrum repair, maxillofacial defects, and dental work.

Increasing demand for implants, nonmetal dental discs, and sterilizing hardware in the medical sector is expected to augment demand for PAEK. PEEK polymer is anticipated to witness significant revenue gains over the forecast period. This is attributed to rising consumption in the automotive, medical, oil and gas, and aerospace industries in products such as bearings, electrostatic, cookware, industrial coatings, and body implants.

The automotive sector in Japan is one of the most prominent and significant industries in the world. Presence of key automobile companies, including Toyota Motor Corporation, Honda Motor Company, Ltd., Daihatsu Motor Co., Ltd, Nissan Motor Company, and Suzuki Motor Corporation is projected to have a positive impact on this market. Increased penetration of aircraft manufacturers in China, along with rising government investments in R&D, is expected to drive the aerospace sector in the country, which will propel the PAEK market.

Key players operating in the PAEK market include Victrex Plc., Evonik Industries AG, Gharda Chemicals Ltd., Caledonian Industries Ltd., JK Overseas, Solvay S.A., and Arkema Group. Product innovation is expected to remain a critical success factor for industry participants in the future.

Access Research Report of Polyaryletherketone Market @ https://www.grandviewresearch.com/industry-analysis/polyaryletherketone-paek-market

Further key findings from the report suggest:

·       Asia Pacific is expected to witness the fastest growth in terms of demand over the forecast period

·       By application, the industrial and general engineering segment is expected to exhibit a CAGR of 7.4% in terms of revenue over the forecast period

·       U.S. is the largest market for polyaryletherketone in North America and accounted for a revenue-based share of 86.4% in 2018.

Grand View Research has segmented the global polyaryletherketone (PAEK) market on the basis of basis of type, application, and region:

Polyaryletherketone (PAEK) Type Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

·         PEEK

·         PEK

·         PEKK

·         Others

Polyaryletherketone (PAEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

·         Automotive

·         Industrial and General Engineering

·         Aerospace

·         Electrical & Electronics

·         Medical

·         Others

Polyaryletherketone (PAEK) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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

Carbon Disulfide Market to Register Steadfast CAGR of 2.4% from 2017 to 2025

The global carbon disulfide market size is projected to reach USD 165.1 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 2.4% during the forecast period. Growing demand for cellophane from the packaging industry, coupled with rising use of the compound in production of fertilizers, will boost market growth.

Carbon di sulfide, also known as carbon bisulfide, is a toxic, transparent, flammable, and volatile liquid chemical. Large amounts of this compound are used to manufacture cellophane, carbon tetrachloride, and viscose rayon. Smaller quantities, on the other hand, are used for solvent extraction or conversion into other chemical products, especially as a catalyst in rubber vulcanization or agents in the flotation process of ore concentration.

The carbon disulfide market is segmented based on application into rubber, rayon, fibre, pharmaceutical, agriculture, and packaging. In 2016, agriculture accounted for 13.6% of the total market revenue, owing to large-scale adoption of the compound in fertilizers and pesticides. The packaging application is expected to reach USD 19.79 million by 2025. Production of cellophane for the packaging industry is being carried out on a large scale in Asia Pacific, owing to increasing demand for packaging material. Carbon di sulfide is used extensively as an accelerator in the rubber vulcanisation process.

Access Research Report of Carbon Disulfide Market @ https://www.grandviewresearch.com/industry-analysis/carbon-disulfide-market

Further key findings from the report suggest

·       The U.S. carbon disulfide market will exhibit a 6.53% CAGR over the forecast period in terms of volume. The slowdown in the U.S. market has deeply impacted manufacturing activity in the country. Some estimates suggest a sharp decline in production of rubber, pharmaceuticals, fibres, and packaging

·       The U.K. carbon disulfide market is predicted to be driven by large-scale manufacturing activities. However, stringent legislations against adoption of carbon disulfide could impede growth

·       The China carbon disulfide market is likely to lead the global production of cellophane for packaging and rubber.

Grand View Research has segmented the global carbon disulfide market on the basis of application and region:

Carbon Disulfide Application Outlook (Volume, Million Kilograms; Revenue, USD Million, 2014 - 2025)

·         Rubber

·         Rayon

·         Fibers

·         Pharmaceuticals

·         Agriculture

·         Packaging

Carbon Disulfide Regional Outlook (Volume, Million Kilograms; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East and Africa

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

Nylon 6 Filament Yarn Market to Witness a Pronounce Growth During the Forecast Period

The global nylon 6 filament yarn market size is expected to reach USD 33.58 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.7% during the forecast period. The global textile industry has been undergoing rapid changes owing to increasing focus of market participants on introducing sustainable and eco-friendly fabrics.

In order to achieve the same, the industry is expected to witness technological advancements in the coming years. Spiraling demand for high-quality apparels at an affordable price and changing fashion preferences are driving nylon 6 filament yarn market.

Rising adoption of nylon for manufacturing textile accessories ranging from automotive textiles to smart textiles, which are employed in military and defense applications, is anticipated to support the growth of the market. Apart from being lightweight and versatile, nylon also facilitates higher design flexibility, which enables production of advanced shapes without compromising the safety and stability of products.

Growing prominence of nylon substitutes such as polypropylene, bioabsorbable polymers, para-aramid synthetic fibers, and polyvinylidene fluoride is anticipated to hamper growth prospects of the market. Over the last few years, PVDF has been experiencing widespread acceptance as a significant substitute of nylon, especially in fishing lines.

Compared to nylon, polypropylene is smoother and more elastic. It has high tensile strength, low elongation, and better handling characteristics. It is used in various applications such as textile, medical, and fishing. Other environment-friendly substitutes such as bioabsorbable polymers pose a significant threat due to lack of environmental viability of nylon.

Access Research Report of Nylon 6 Filament Yarn Market @ https://www.grandviewresearch.com/industry-analysis/nylon-6-filament-yarn-market

Further Key Findings from the Report Suggest:

·       Sports apparel is expected to be the most prominent application segment over the forecast period

·       Asia Pacific is anticipated to be the largest as well as the fastest growing regional market in terms of value during the forecast period

·       Changing consumer lifestyles, such as growing preference for exercise for better health, are augmenting the demand for sports apparel, thereby providing a fillip to the market

·       Consumers are increasingly opting for high-quality products at an affordable price

·       Operating prices and raw material procurement costs have significantly reduced over the past two years

·       The fabrics application segment is likely to expand at a CAGR of 7.5% in terms of volume during the forecast period

Grand View Research has segmented the global nylon 6 filament yarn market on the basis of application and region:

Nylon 6 Filament Yarn Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Sports Apparels

·         Sports & Adventure Equipment

·         Travel Accessories

·         Fabric

·         Fishing Nets

·         Others

Nylon 6 Filament Yarn Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

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

Europe Methyl Methacrylate Market Is Expected To Witness Revenue Growth At A CAGR Of 8.0% from 2017 to 2028

The Europemethyl methacrylate (MMA) market size is expected to reach USD 4.26 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 8.0% during the forecast period. Methyl methacrylate is used as a precursor of polymethyl methacrylate (PMMA), which is used in the manufacturing of various automotive, industrial, and electronic components. Durability and resistance to UV and extreme weather conditions make MMA an ideal material for various applications in these industries.

MMA, the key raw material used for the production of PMMA, is an unsaturated ester widely utilized to produce polymers for a wide range of industrial and consumer applications, including surface coatings, injection molding and extrusion, and various transparent impact-resistant plastic sheets.

Growing importance of lightweight vehicles with reduced CO₂ emissions and improved fuel efficiency is expected to drive the consumption of PMMA in the automobile sector. Automotive and building and construction sectors have started using lightweight components made from PMMA as replacements for their metal counterparts.

MMA is also used as a modifier for polyvinyl chloride (PVC), which is also used in the manufacturing of automotive components such as armrests, door panels, and window sealing. Increasing use of PMMA and PVC, which uses MMA as a raw material, in various end-use industries is propelling market growth.

In Europe, recovery of end-use industries such as construction and automotive has resulted in demand for PMMA. However, the shutdown of production operations due to unforeseen circumstances has resulted in supply shortage, although its demand from PMMA producers continues to grow. This supply shortage has provided opportunities for Middle East and Asia Pacific producers to cater to demand for MMA in Europe.

Access Research Report of Europe Methyl Methacrylate Market @ https://www.grandviewresearch.com/industry-analysis/europe-methyl-methacrylate-mma-market

Further key findings from the report suggest:

·       In Europe, a large portion of MMA is utilized as a chemical intermediate for captive consumption by producers. Owing to this, its application as a chemical intermediate was estimated as the largest segment in 2017

·       Demand is driven by robust growth in manufacturing of lightweight vehicles, construction of energy-efficient buildings, and production of LCD and LED panels. In terms of volume, construction was estimated to be the largest end-use segment in 2017, accounting for a market share of 39.17%

·        Exposure to MMA causes health issues such as respiratory irritation and dermal sensitivity and is often associated with occupational asthma. In addition, various petrochemicals used as feedstock in synthesis, such as ethylene, isobutylene, and acetone, are highly flammable and pose a severe threat to human safety. However, PMMA is regarded as a low hazard ingredient and is considered safe for use.

Grand View Research has segmented the Europe methyl methacrylate (MMA) market on the basis of application, end use, and region:

Europe Methyl Methacrylate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2028)

·         Chemical Intermediate

·         Surface Coating & Adhesives

·         Emulsion Polymers

Europe Methyl Methacrylate End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2028)

·         Construction

·         Automotive

·         Electronics

·         Others

Europe Methyl Methacrylate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2028)

·         Turkey

·         European Union

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

North America Blow Molded Plastic Market Hit at a Highest CAGR of 4.3% from 2017 to 2025

The North America blow molded plastic market size is projected to reach USD 5.09 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.3% CAGR during the forecast period. Blow molding is a revolutionary form of technology capable of producing various types of plastic products. It offers multiple methods of production such as extrusion blow molding. Primary raw materials used in the production of blow molded plastics include polypropylene (PP), acrylonitrile butadiene styrene, polyethylene (PE), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene terephthalate (PET).

Blow molded plastics are rapidly replacing conventional materials such as wood, glass, and engineered plastics in various applications due to their flexibility, lubricity, and better strength and stiffness These plastics are also flame-retardant and have excellent UV stability and antioxidant properties). These factors are anticipated to drive the market growth over the forecast period. Increasing demand from the packaging and automobile industry is expected to be the major factor driving the product demand over the forecast period. Demand for these products was the highest in U.S. due to presence of several end-use companies in the region.

Canada also plays a significant role in the growth of plastic manufacturing industry in North America. In Mexico, the plastic manufacturing sector is in a developing stage. However, steadily increasing demand from domestic end-use industries and expanding export activities have helped increase productivity. These developments in Mexico and Canada along with their initiatives to attract Foreign Direct Investments (FDIs) for the manufacturing sectors are expected to add to their local plastic production.

Access Research Report of North America Blow Molded Plastic Market @ https://www.grandviewresearch.com/industry-analysis/north-america-blow-molded-plastics-market

Further key findings from the study suggest:

·       Automotive industry is one of the fastest growing end-use industries for blow molded plastics

·       With rapid technological developments in automobile, conventional plastics have been replaced with lightweight, high-performance materials, which possess properties of both plastic and rubber. This will drive the marker growth

·       Issues such as disposability and degradation of PET bottles have pushed environmental agencies and governments to implement stringent regulations and legislations

·       Bio-based PET bottles are being increasingly used as a substitute in carbonated soft drink packaging and their demand is increasing

·       Extrusion blow molded plastics was the largest segment accounting for 33.3% of the total market size in terms of revenue in 2016. The segment is expected to increase in the coming years as it is relatively cheaper than other molding processes

·       Increasing focus on reducing vehicle weight to increase fuel efficiency without compromising product quality is the primary concern of the automobile manufacturers. Plastics are the main alternatives for metal components that meet all the quality and safety standards. This is expected to fuel the product demand in the automobile sector.

Grand View Research has segmented the North America blow molded plastics market on the basis of basis of technology, product, application, and region:

North America Blow Molded Plastics Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Extrusion

·         Injection

·         Stretch

·         Compound

North America Blow Molded Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Polypropylene (PP)

·         Acrylonitrile butadiene styrene (ABS)

·         Polyethylene (PE)

·         Polystyrene (PS)

·         Polyvinyl Chloride (PVC)

·         Polyethylene Terephthalate (PET)

·         Others

North America Blow Molded Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Packaging

·      Consumables & Electronics

·      Automotive & Transport (Automotive blow molded air ducts and Automotive blow molded turbo ducts)

·       Building & Construction

·       Medical

·       Others

North America Blow Molded Plastics Region Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

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