Oxidized Polyethylene Wax Market Is Projected To Reach Approximately $446.4 Million By 2025

The global oxidized polyethylene wax market size is projected to reach USD 446.4 million by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.7% during the forecast period. The growth is majorly driven by rising demand for product in coatings and rubber processing industries.

Asia Pacific is the largest consumer of oxidized Polyethylene (PE) wax with China holding the highest market share. Growth of automotive industry has led to high demand for tire production which is yet another key market driver. However, companies such as Braskem have been successful in the production of bio-ethylene which have the same chemical and physical properties as that of fossil fuel derivatives.

Growing paints and coatings industry in Asia Pacific has been showing increased demand for the product, especially in countries such as China and India. Moreover, continuous efforts taken by China to develop shale gas will be a decisive factor for the region to benefit from lower raw material prices.

Polyethylene wax and oxidized polyethylene wax are both used in paints and coating applications. The advantage of Oxidized PE wax over its precursor is, it emulsifies more easily in water when added with an emulsifying agent. Moreover, oxidized waxes are typically cationic in nature and chemically more stable. In coating applications, oxidized PE wax is used in temporary protective coatings, wood finishes, textile, glass, leather, fruits, paper, and chlorinated rubber coating.

Ethylene is the major raw material used for manufacturing oxidized polyethylene wax and it finds high demand in various application segments. Since the past few years, increasing capacities of petroleum refineries and manufacturers of petroleum products have been insufficient to meet the parallel increase in product demand across end-use industries, and hence it has created supply demand gap in the market.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/oxidized-polyethylene-wax-market

Further key findings from the report suggest:

·       High density PE (HDPE) wax is the dominant product owing to its properties such as low viscosity, good hardness and high softening point, and compatibility with various substrates

·       Asia Pacific countries are the largest consumers of ethylene with growing consumption into construction, packaging, and automotive sector. Demand in packaging applications is dominating over others owing to characteristics of the product such as thermal resistance, corrosion resistance and lightweight

·       China is the largest paints and coatings market and is expected to grow irrespective of economic growth. Major automobile manufacturers are also shifting their bases to this country which is further anticipated to have a positive impact on the product consumption

·       Some of the key participants operating in the oxidized polyethylene wax market are Innospec, Clariant International AG, CNPC, BASF SE, Marcus Oil, Lubrizol, and Trecora Chemicals among others

Grand View Research, Inc. has segmented the global oxidized polyethylene wax market on the basis of product, application and region:

Oxidized Polyethylene Wax Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         High Density PE Wax

·         Low Density PE Wax

Oxidized Polyethylene Wax Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Hot Melt Adhesive

·         Plastics

·         Coatings

·         Printing Inks

·         Rubber Processing

·         Others

Oxidized Polyethylene Wax Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central and 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

Metal Forging Market is Estimated To Reach A Valuation of USD 131.32 Billion by 2025

The global metal forging market size is expected to reach USD 131.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.6% during the forecast period. Growth of the automotive industry is expected to be one of the key market drivers.

Lightweight forging is expected to remain a key focus area in the automotive sector. Strict emission policies have forced automakers to double the share of lightweight components in automobiles. Under the European Union Legislation regarding carbon dioxide emissions, manufacturers must follow the criteria of 95 g/km of threshold value by 2021. Similar legislation is being adopted by many countries including U.S., China, India, Japan, and Brazil. The ability of the forging process to manufacture lightweight auto parts for applications such as combustion engine and transmission is anticipated to fuel growth.

The government of India has developed an Automotive Mission Plan 2016-2026 (AMP 2026) to boost the automotive sector in the country. This plan is projected to help multiple stakeholders inside and outside India including auto component, automotive vehicle, and tractor manufacturers. As per the objective of this plan, the Indian auto sector is anticipated to grow at 3.5 to 4 times the current value of USD 74 billion by 2026. The government is also planning to scale up the exports in this sector by 30% to 40% over the coming decade.

Increasing expenditure in the defense sector is expected to drive the product demand over the coming years.As per the U.S. administration, the U.S. government signed a USD 1.3 trillion spending bill in March 2018. A value of USD 160 billion was allocated to boost the defense sector in the country over the next two years. These initiatives by the government are likely to facilitate the demand for forged components in military aircraft.

Various processes used for manufacturing of agriculture forged parts include closed die forgings, steel forgings, drop forgings, and custom forgings. Forged parts include connecting rods, gear bodies, flanges, chain links, pistons, shafts, and spindle rods. Rising demand for forgings in this application is largely attributed to the developing economies such as India and Brazil. These countries are modernizing their agricultural equipment to attain a greater level of growth in terms of productivity and efficiency.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/metal-forging-market

Further key findings from the report suggest:

·       In terms of revenue, automotive segment is anticipated to reach USD 60.11 billion by 2025. The growth is attributed to the increasing demand for forged parts used in combustion engine and powertrain, especially in China and India

·       Carbon steel segment dominated the global industry with a revenue share of 44.3% in 2018 on account of easy availability and low prices compared to other materials

·       In terms of revenue, titanium segment is likely to observe the highest CAGR of 9.0% from 2019 to 2025. Increasing R&D activities for development of new titanium alloys is the key driver

·       Asia Pacific accounted for the highest market share in terms of both volume and revenue. High automotive production and consumption in the region are likely to boost the demand

·       In terms of revenue, Europe is projected to witness a significant CAGR of 6.3% over the forecast period. Steady growth in the automotive sector in Germany is likely to positively influence the product demand

·       Some of the global companies present in the metal forging market are Arconic, Larsen & Toubro Limited, Bharat Forge Ltd. and Nippon Steel Corp. Numerous vendors are adopting capacity expansion and new product development as their key strategy

Grand View Research has segmented the global metal forging market on the basis of raw material, application, and region:

Metal Forging Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Carbon Steel

·         Alloy Steel

·         Aluminum

·         Magnesium

·         Stainless Steel

·         Titanium

·         Others

Metal Forging Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Automotive

·         Aerospace

·         Oil & Gas

·         Construction

·         Agriculture

·         Others

Metal Forging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central and South America

·         MEA

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

Industrial Diamond Market to Reflect Steadfast Expansion During the Forecast Period

The global industrial diamond market size is expected to reach USD 2.19 billion by 2025 registering a CAGR of 2.9%, according to a new report by Grand View Research, Inc. Advancement in smart mining technologies coupled with increasing production of synthetic diamonds are projected to drive the market. Industrial diamond has substantial applications in the automotive industry. It has been reported that around 1.5 carats of industrial diamond is used in the manufacturing of every automobile in U.S. Automotive components require precise and stable manufacturing processes. The operations, such as grooving, boring, grinding, turning, milling, and honing, can be performed with the help of industrial diamond tools. According to the International Organization of Motor Vehicle Manufacturers, global sales including passenger cars and commercial vehicles accounted for 93.6 million in 2017, an increase of 2.3% from the previous year.

The advancement in the production and management system is helping the growth of the automotive industry. Increasing competition along with digitization and globalization is changing the face of the industry. Key companies are developing innovative and advanced techniques to trace the diamonds. Recently, De Beers announced successful tracking of 100 high-quality diamonds through an emerging technology known as blockchain. Also, in April 2018, Helzberg Diamonds, Asahi Refining, and LeachGarner collaborated for a project to track and authenticate diamonds. Moreover, smart mining technology is expected to trigger new growth opportunities for the industry. Data analytics software along with the use of precise GPS systems and Internet of Things (IoT) can also help to boost the productivity of mining operators.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/industrial-diamond-market

Further key findings from the study suggest:

·       Natural type segment is anticipated to reach USD 341.1 million by 2025 owing to increasing product demand from cutting, drilling, and polishing applications

·       In terms of revenue, electronics application is projected to be the fastest-growing segment at a CAGR of 3.5% from 2019 to 2025

·       Construction application led the global industrial diamond market in 2018 and will maintain its leading position throughout the forecast years due to increasing construction activities and infrastructure development in APAC and MEA

·       In terms of revenue, North America is projected to be the second fastest-growing regional market over the forecast period

·       Some of the key companies in the market are ALROSA; De Beers Group; Industrial Diamond Laboratories, Inc.; Scio Diamond Technology Corp.; and Morgan Advanced Materials

Grand View Research has segmented the global industrial diamond market on the basis of type, application, and region:

Industrial Diamond Type Outlook (Volume, Million Carats; Revenue, USD Million, 2014 - 2025)

·         Natural

·         Synthetic

Industrial Diamond Application Outlook (Volume, Million Carats; Revenue, USD Million, 2014 - 2025)

·         Construction

·         Transportation

·         Electronics

·         Others

Industrial Diamond Regional Outlook (Volume, Million Carats; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central and 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

Food Waste Management Market is Anticipated To Generate Significant Revenues by 2025

The global food waste management market size is expected to reach USD 45.80 billion by 2025, as per a new report by Grand View Research Inc. It is anticipated to register a CAGR of 5.0% during the forecast period. Rising concerns regarding wastage across the globe on account of increasing food trade and social interdependence between countries are expected to propel the growth.

Educatory and communicative actions such as Stop Wasting Food movement in Denmark, Love Food Hate Waste in U.K., and Think Eat Save are anticipated to positively influence the growth. These educational campaigns focus on web-based instruments and door-to-door interviews with citizens to spread understanding related to the prevention of wastage of edibles.

Adverse effects of landfill and incineration techniques on the environment is a factor projected to hamper the market growth over the forecast period. However, precautions such as maintaining hygiene during combustion and landfill gas capture during the process aid in reducing the environmental impact of these processes, which is likely to influence growth of the food waste management market positively.

Food waste with high nutrient value is used as raw material and is undergoes various fermentation processes for the production of biofuel. This is expected to reduce the dependency on crude oil and drive the demand for food waste management for the by-products. In addition, use of the wastage as animal feed and fertilizers is expected to have a positive impact on market growth.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/food-waste-management-market

Further key findings from the report suggest:

·       Fruits and vegetable segment is anticipated to witness a CAGR of 4.4% from 2019 to 2025, in terms of revenue owing to lack of appropriate transportation channels in the agrarian economies along with ease in waste management of the produce

·       Anaerobic digestion technique is expected to expand at a CAGR of 5.4%, in terms of revenue, on account of rising awareness regarding the environmental and energy advantages associated with the process

·       Animal feed application segment accounted for over 52.9% of the market share in terms of revenue in 2018, as converting wastage with high nutrient value into animal feed is an ecological and economical way of management and aids in animal health

·       Asia Pacific food waste management market is expected to register at a CAGR of 4.6% over the forecast period on account of the rising feed dump in economies such as China, India, Thailand, and Malaysia

·       The service portfolio of the significant players includes all waste management services provided across the customers and the market concentration in developed economies is increasing through consolidation and outsourcing the treatment

Grand View Research has segmented the global food waste management market on the basis of waste type, process, application, source, and region:

Food Waste Management Waste Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Cereals

·         Dairy Products

·         Fruits & Vegetables

·         Meat

·         Fish & Sea Food

·         Processed Food

·         Others

Food Waste Management Process Outlook (Revenue, USD Million, 2014 - 2025)

·         Aerobic Digestion

·         Anaerobic Digestion

·         Combustion/Incineration

·         Others

Food Waste Management Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Animal Feed

·         Fertilizers

·         Biofuel

·         Power Generation

Food Waste Management Source Outlook (Revenue, USD Million, 2014 - 2025)

·         Primary Food Producers

·         Food Manufacturers

·         Food Distributors & Suppliers

·         Food Service Providers

·         Municipalities & Households

Food Waste Management Regional Outlook (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