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Demand for High Performance Polyamides to be Bolstered by the Auto and Electronics Sectors, Projected to Reach 271k MTs by 2022

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Industry Experts has released the global market report on High Performance Polyamides. The new report titled ‘ High Performance Polyamides – A Global Market Overview ’ reveals that the Automotive sector is the largest global volume market for High Performance Polyamides, which is also anticipated to record the fastest CAGR of 4.2% between 2016 and 2022 and reach a projected 116.9 thousand metric tons by 2022 from a forecast 91.5 thousand metric tons in 2016. Bridging cost and performance gap between engineering polyamides and other high performance polymers, high performance polyamides (HPPA) are widely used in automotive, electrical & electronics and various other demanding applications. High performance polyamides withstand extreme conditions such as long term exposure to heat, chemicals, and moisture. Compared to standard polyamide technologies including PA 6 and PA 66, HPPAs can offer improved dimensional stability due lower moisture absorbsion. Mega trends in the automotiv...

Growth in Industrial Activity Spurs Global Demand for Hydraulic Components to touch $67 Billion by 2022

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Industry Experts published the new global market research report on Hydraulic Components. As per the new report ‘ Hydraulic Components – A Global Market Overview ’, the worldwide market for Hydraulic Components is projected to reach US$67.3 billion by 2022 from an estimated US$49.6 billion in 2016 growing by a compounded annual growth rate of 5.2% between 2016 and 2022. A growing impetus towards plant automation with a focus on enhancing productivity, reducing downtime and conserving energy has resulted in boosting demand for industrial hydraulic equipment designed for supporting process automation. Asian, Latin American and Middle Eastern regions have been at the forefront in plant and process automation, spurred on by the rapid pace of industrialization, development of manufacturing infrastructure and growth in GDP, a scenario ideal for robust growth in demand for hydraulics-based plant automation systems. Utilization of compact hydraulics in assembly automation provides several ta...

Automotive, Aerospace and Filtration Membranes to Drive Global Sulfone Polymers Market to Reach 69K MTs by 2022

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Industry Experts unveiled the new comprehensive market research report on Sulfone Polymers. As per the new report titled ‘ Sulfone Polymers (PSU, PPSU & PESU) – A Global Market Overview ’, Polyethersulfone (PESU) is poised to post the fastest CAGR of 6.7% and reach a projected 31k metric tons by 2022 from an estimated 21k metric tons in 2016 while Polysulfone (PSU) is estimated the largest consumed sulfone polymers, globally, with 24k metric tons in 2016. The combination of features such as mechanically tough and rigid, transparent, resistance against hydrolysis and against acidic attacks and melt processing at temperatures of up to 400°C, coupled with ease of fabrication, has enabled sulfone polymers to be used in a wide and increasingly diversified range of applications. Major forces driving the demand for sulfone polymers across the globe include their growing usage in automotive, aerospace, medical and filtration membranes. Replacing metal to reduce weight, reduce emissions a...

Booming Construction and Automotive Industries Spur Demand for Titanium Dioxide to touch 7.8 Million MTs by 2022

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Industry Experts published the new market research report on Titanium Dioxide. The new report ‘ Titanium Dioxide (TiO2) – A Global Market Overview ’ reveals that Asia-Pacific is the largest volume market for Titanium Dioxide worldwide, forecast to be 2.9 million metric tons (47% share) in 2016 and projected to reach 4 million metric tons by 2022 to reflect the fastest CAGR of 5.6% between the two years. The region is also projected to be the fastest growing Titanium Dioxide market during 2016-2022 in terms of both volume consumption and market value. Stringent automobile emission control norms worldwide and concerns regarding fuel efficiency have compelled manufacturers to take measures for reducing vehicle weight considerably, thereby propelling demand for lightweight vehicles. One method of reducing vehicle weight is incorporating polycarbonates as replacement for part of the steel structures used in auto manufacturing. However, polycarbonates suffer from some drawbacks, such as lo...

Electrical & Electronics Sector Continues to Dominate the Global LCPs Consumption to Drive Demand to Reach 64k MTs by 2022

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Industry Experts has added yet another market report to its High Performance Plastics’ series, Liquid Crystal Polymers. The new report ‘ Liquid Crystal Polymers – A Global Market Overview ’ reveals that the Electrical & Electronics sector dominated the global market for LCPs, which is estimated at US$525.8 million (84.2% share) in 2015, is forecast to be US$548.5 million in 2016 and is projected to reach US$750.7 million by 2022 to reflect the fastest CAGR of 5.4% between 2016 and 2022, attributed the E&E sector growth in Asian region. Liquid Crystal Polymer (LCP), a high performance engineering plastic, is partially crystalline aromatic polyester based on p-hydroxybenzoic acid (HBA) and other related monomers. The chemical structure and morphology of LCPs is vastly different compared to conventional polyester polymers, due to which there are considerable differences between the two not only in physical and mechanical properties, but also in processability. LCPs have outstan...

Growing Demand from Auto OEM to Lead Global Industrial Coatings Market Growth with 5.7% CAGR, to Reach 25 Billion Ltr by 2022

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Industry Experts unveiled a new market research report ‘ Industrial Coatings– A Global Market Overview ’. The new report reveals that, globally, volume consumption of General Industrial Coatings is the largest product segment, expected to maintain a CAGR of 5.7% between 2016 and 2022 and reach a projected 5.4 billion liters by 2022 from a forecast 3.9 billion liters in 2016. In terms of growth, however, the global volume market for Auto OEM Coatings is poised to post the fastest similar period compounded annual rate of 6.6% and reach a projected 3.3 billion liters by 2022, compared to a forecast 2.2 billion liters in 2016. The diversity of industrial coatings can be attributed to the extensive range of its application areas. This sector encompasses protective coatings for architectural steel, automobiles and other transportation media, oil and offshore structures and wood furniture and fixtures, just to name a few. Being primarily utilized for protecting substrates against attacks b...

Demand for Melt-proccessable Fluoropolymers such as PVDF to Drive Global Fluoropolymers Market to reach 402k MTs by 2022

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Industry Experts published the new comprehensive market research report on Fluoropolymers. The new report titled ‘ Global Fluoropolymers Market – Products, Technologies and Applications ’, reveals that the chemical processing sector is estimated to be the largest consumer of fluoropolymers with 77k metrics tons in 2016 and projected to consume 106k metric tons by 2022 by growing at a CAGR of 5.6% during 2016-2022, while electrical & electronics is projected to be the fastest growing sector during the same period. PVDF is projected to be the fastest growing fluoropolymer overall owing to the demand from electrical & electronics sector where it is projected to grow by a CAGR of 9% and reaching 13k metrics tons by 2022. Fluoropolymers’ exceptional properties, such as outstanding chemical resistance, weather stability, low surface energy, low coefficient of friction, and low dielectric constant, have attributed to their widespread usage in sectors such as chemical processing, ele...