Plating on Plastics Market Forecasted to Grow at Steady Pace During The Forecast Period

The global plating on plastics market is expected to reach USD 777.27 million by 2025, according to a new report by Grand View Research, Inc. Rising applications in automotive and electronics industry has been a major factor driving the market growth. POP involves plating a metal such as chrome, nickel and others onto a polymer substrate. It is done in order to deliver functional and decorative benefits to the resin. 

Plating ability has an inverse relation with the chemical resistance of the polymer substrate, which means higher the chemical resistance, the more difficult it is to plate. Thus, manufacturers prefer ABS for plating. ABS was estimated as the largest plastic category in 2016 and is expected to grow substantially over the forecast period. Other popular plastic types include ABS/PC, PBT, PEEK and others. 

Applications in electronics are expected to register the fastest growth over the next eight years with an estimated CAGR of around 8.1% from 2017 to 2025. Added benefits of metal to the plastic substrate enhance the overall strength, aesthetic appearance and corrosion resistance of the product. The finished product is light weight and is ideal to be used in automotive, electronics and other end use industries. Increasing environmental concerns and need for cheaper light weight vehicles is posing higher demand for POP market. The application areas of POP are also expanding in utilities, medical devices and consumer goods owing to their wide benefits.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/plating-on-plastics-pop-market

Further key findings from the report suggest:

·       The global POP demand reached USD 411.6 million in 2016 and is expected to grow at a CAGR of 7.3% from 2016 to 2025. ABS emerged as the largest plastic segment in 2016 and is estimated to generate revenue over USD 580 million by 2025

·       Global demand in automotive segment was USD 311.4 million in 2016 and is anticipated to witness substantial growth over the next eight years. The U.S. market in automotive segment was estimated at USD 48.7 million in 2016 and is projected to reach a total revenue of over USD 86 million by 2025

·       The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the processed automotive & electronics segment. This region is expected to grow at a CAGR of 8.2% from 2017 to 2025

·       Key players including Atotech, Cybershield, Dow Chemical and Sharrets Plating Inc. dominated the global plating on plastics market

Grand View Research has segmented the global POP market on the basis of plating type, plastic type, application and region

Plating Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Chrome

·         Nickel

·         Others

Plastic Type Outlook (Revenue, USD Million, 2014 - 2025)

·         ABS

·         ABS/PC

·         PEI

·         PBT

·         LCP

·         PEEK

·         PP

·         Nylon/Polyamide

Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Automotive

·         Building & Construction

·         Utilities

·         Electronics

·         Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

o    Saudi Arabia 

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

Sulfur Hexafluoride Market Worth $309.8 Million By 2025

The global sulfur hexafluoride market size is anticipated to reach USD 309.9 million by 2025, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing product demand as an ideal quenching material in distribution voltage switchgear, linear particle accelerators & generators, high voltage circuit breakers, and radar equipment is expected to drive demand.

The market is primarily driven by the growing use of sulfur hexafluoride in Gas Insulated Substation (GlS) equipment designed to contain the gas in sealed pressure systems. Strong tendency to absorb free electrons and highly electronegative nature renders SF6 suitable for switchgears used in high or ultra-high voltage transmission lines.

OSHA and National Institute for Occupational Safety and Health (NIOSH) have categorized sulfur hexafluoride as a harmful element on account of its negative impact on the environment and the human body. The hazardous nature of the product along with high maintenance and handling costs is expected to hamper the product demand.

Companies are actively investing in R&D to develop innovative cost saving manufacturing processes. Companies such as Kanto Denka Kogyo Co., Ltd., Air Products & Chemicals, Inc., and Showa Denko K.K., are investing in the R&D activities in order to come up with environment-friendly manufacturing processes and gain competitive edge in the market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/sulfur-hexafluoride-sf6-market

Further key findings from the report suggest:

·       Standard grade SF6 was the dominant product segment in 2018 with a percentage share of 85.8% as it is used in the manufacturing of switchgear and circuit breakers for power & energy generation plants

·       UHP grade SF6 was the fastest growing segment with a CAGR of 7.4% from 2019 to 2025 owing to its extensive use in medical surgeries and manufacturing of electrical appliances

·       Power & energy application segment accounted for the largest revenue share and is expected to register a CAGR of 5.9% over the forecast period owing to the increasing use of SF6 in high voltage equipment including transformers, switches, and capacitors

·       Asia Pacific dominated the industry demand in 2018 accounting for 34.3% of the revenue share and is projected to continue its dominance owing to the high demand of the product in electronics manufacturing

·       Key players in the sulfur hexafluoride market include The Linde Group, Solvay S.A.,Air Liquide S.A.,Air Products and Chemicals, Inc., Concorde Specialty Gases, Inc. and Advanced Specialty Gases

Grand View Research has segmented the sulfur hexafluoride market on the basis of product, application and region:

Sulfur Hexafluoride Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Electronic Grade

·         UHP Grade

·         Standard Grade

Sulfur Hexafluoride Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Power & Energy

·         Medical

·         Metal Manufacturing

·         Electronics

·         Others

Sulfur Hexafluoride Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         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

Fermented Ingredients Market is Growing at Significant Rate, 2025: Grand View Research Inc.

The global fermented ingredients market size is expected to reach USD 39.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.5% over the forecast period. Increasing digestive problems and awareness among consumers about health benefits of fermented products are expected to drive the market in the forecast period. Moreover, usage of fermented ingredients as preservatives by various manufacturers in order to increase the shelf life of various products is expected to propel the demand for the product.

The food and beverage application segment dominated the market and accounted for more than 65.0% share of the overall revenue in 2018. Growing demand for alcoholic beverages such as beer and wine, which are prepared by fermenting wheat, rice, and grapes, is driving the food and beverage industry. Furthermore, increasing consumption of yogurt, cheese, and pickles in various regions is a key factor boosting the industry growth.

Pharmaceuticals is the fastest growing application segment with a CAGR of 9.3% in the forecast period. The ingredients find their major application in the bio-pharma industry, which has witnessed robust growth in the last few years. Bio-pharmaceuticals contributes more than 25.0% share of the overall pharmaceutical industry, thus driving the market in the forecast period.

Vinegar is the most commonly used ingredient for fermentation and it accounted for more than 40.0% share of the overall revenue in 2018. The product finds its major application in household as well as food and beverage industry due to its easy availability and low cost. Cider is likely to be the fastest growing ingredient in the market with a CAGR of 9.2% over the forecast period. Increasing awareness about the benefits and its application in skin care is driving the product segment.

In 2018, Europe accounted for the largest fermented ingredients market share of 35.0% in terms of revenue. High consumption of wine, cheese, and yogurt is a key factor driving the regional market. Asia Pacific is anticipated to be the fastest growing regional market, expanding at a CAGR of 9.6% in the forecast period. Increasing awareness about health benefits and consumption of alcoholic beverage are the prominent factors boosting the regional market growth.

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

Further key findings from the study suggest:

·       By application, food and beverage is projected to expand at a revenue-based CAGR of 8.6% over the forecast period

·       The vinegar product segment dominates the fermented ingredients market owing to its major application in household as well as food and beverage industry

·       The cider product segment is expected to expand at a CAGR of 9.2% in the forecast period owing to increasing awareness about product benefits and application among consumers.

Grand View Research has segmented the global fermented ingredients market on the basis of application, product, and region:

Fermented Ingredients Application Outlook (Revenue, USD Billion, 2015 - 2025)

·         Food & Beverage

·         Pharmaceuticals

·         Others

Fermented Ingredients Product Outlook (Revenue, USD Billion, 2015 - 2025)

·         Vinegar

·         Cider

·         Others

Fermented Ingredients Regional Outlook (Revenue, USD Billion, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         MEA

·         CSA

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

Octadecanedioic Acid Market is Poised to Exhibit A Moderate 4.0% CAGR through 2024

The global octadecanedioic acid (ODDA) market is anticipated to reach USD 9.4 million by 2024, according to a new report by Grand View Research, Inc. Growing demand for renewable chemicals used to derive high value intermediate & end-use products is expected to support market growth over the coming years.

Traditionally, dibasic or dicarboxylic acids were produced through chemical reactions such as multistep butadiene oxidation which used petrochemical as a raw material. Initiatives undertaken to reduce dependency on petrochemical feedstock led to the development of biotechnological production methods, namely, microbial fermentation and metathesis.

Further expansions & investments in the biotechnological field are anticipated to facilitate commercial scale production of C18 dibasic acid through microbial fermentation. Vegetable oil is used as feedstock while using the biotechnological processes.

Rising ODDA demand from soaps & detergents and organic personal care products is projected to augment market growth over the forecast period. Developing economies such as India, China, South Korea and Japan are slated to emerge as the key end-use markets. Growing application scope in personal care and plastics is expected to augment product demand over the forecast period.

Access Research Report of Octadecanedioic Acid Market @ http://www.grandviewresearch.com/industry-analysis/octadecanedioic-acid-odda-market

Further key findings from the report suggest:

·       Water repellant properties of C18 dicarboxylic acid has found extensive application in cosmetics

·       The application of octadecanedioic acid in coatings, adhesives, sealants, and elastomers (CASE) segment is projected to gain prominence across the world

·       Demand in the polyester polyols segment accounted for approximately 50% of the market volume in 2015

·       Advantages such as improved performance, reduced carbon footprint, and renewable content enable manufacturers to charge a “green premium” on products

·       Commercialization of biobased methods coupled with increasing demand for renewable sources in the lubricants and cosmetics market is anticipated to augment market demand

·       Lubricating oil is projected to occupy the second-largest share on account of increasing use of ODDA as thickener component in grease compositions

·       Rising awareness of ecofriendly products and increasing government initiatives supporting measures towards sustainable environment is expected to propel market demand

·       Volatile price of petrochemical derived products on account of supply-demand imbalances has prompted the shift towards biobased chemicals

·       Elevance Renewable Sciences Inc. has developed its own patented metathesis catalyst technology, which has fortified its hold in the market

·       Key market players include Elevance Renewable Sciences Inc., Croda International Plc., Cathay Industrial Biotech Ltd., TCI America, and BASF SE

Grand View Research has segmented the octadecanedioic acid market on the basis of application and region:

OctadecanedioicAcid Application Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

·         Polyester polyols

·         Cosmetics

·         Powder coatings

·         Lubricating oil

·         Others

OctadecanedioicAcid Regional Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         Latin 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