Posts

Future of Global Fluorinated Ethylene Propylene (FEP) Market | Demand to reach 46K MTs by 2026

Image
Industry Experts, Inc. published an updated 2022 version of the market research report on Fluorinated Ethylene Propylene (FEP). The global market report entitled " Fluorinated Ethylene Propylene (FEP) – A Global Market Overview " reveals that Asia-Pacific emerged as the largest market for FEP with an estimated consumption share of 44% in 2021 closely followed by North America with 41%. The impact of COVID-19 pandemic on Fluorinated Ethylene Propylene (FEP) demand differed in intensity depending on their end-use application and region. Sharpest decline was evident in FEP demand for automotive & transportation followed by chemical processing and industrial/mechanical applications. On the other hand, impact on demand for FEP in electrical & electronics applications was nominal in 2020. Automotive industry came under massive pressure in the first half of 2020 as a result of the COVID-19 pandemic across the globe. This resulted in a decline of 13.2% in 2020 to 2.6 thousa...

Global Polytetrafluoroethylene (PTFE) Market Projected to reach 250K MTs by 2026 | Market Report by Industry Experts, Inc.

Image
Industry Experts, Inc. unveiled the updated 2022 version of the market research report " Polytetrafluoroethylene (PTFE) – A Global Market Overview ". Granular PTFE dominates the global volume consumption of PTFE, with an estimated share of about 45% of total PTFE consumed in 2021 while Micronized Powder PTFE is projected to grow faster during the period 2021-2026 closely followed by Fine Powder PTFE. Attributed to the slowdown in global economy and industrial activities worldwide amid the impact of coronavirus pandemic, global market for Polytetrafluoroethylene (PTFE) has declined by 5.1% year-over-year (YOY) in 2020 compared to 2019. Recovering from the pandemic impact, global market for Polytetrafluoroethylene (PTFE) is projected to reach 250 thousand metric tons by 2026 at a CAGR of 5% between 2021 and 2026. Asia-Pacific is the world’s largest volume market for PTFE , accounting for an estimated 59.6% share in 2021, which is also likely to record the fastest 2021-2026...

Global Polymer Emulsions Market to Reach $47 billion by 2027 Market Report by Industry Experts, Inc.

Image
Industry Experts, Inc. introduced the market research report on Polymer Emulsions. The new global report entitled " Global Polymer Emulsions Market – Polymer Types, Applications and End-Use Sectors " reveal that the Building & Construction sector consumed about 40% of polymer emulsions globally while automotive sector accounts for about 21% in 2021. Asia-Pacific is the largest market for polymer emulsions accounting for about 42% in 2021 Europe and North America follows with 23% and 21% respectively in the same year. The Polymer Emulsion sector had to face adverse consequences, since the major areas where these products are used either curtailed or completely shut down business activities. Textiles and General Industrial end-use areas for Polymer Emulsions had to face the brunt of major downtrends, with the Building & Construction and Automotive industries also posting a decline in demand between 2019 and 2020, which spilled slightly over to 2021 too. However, the ye...

World Sleeping Aids Demand to Reach US$122 B by 2027 | Market Research Report 2022-2027 by Industry Experts, Inc.

Image
Industry Experts, Inc. released the market research report on Sleeping Aids. The report entitled " Sleeping Aids – A Global Market Overview " reveals that the sleep disorder Insomnia will lead the global Sleeping Aids market with a projected CAGR of almost 9% between the period 2022 and 2027. While North America is the largest market for Sleeping Aids, Asia-Pacific is expected to grow faster with over 9% CAGR during the aforementioned period. The COVID-19 pandemic that struck the world towards end-2019 and beginning-2020 left a telling adverse impact on several sectors, though the Sleeping Aids market was able to maintain some semblance of equanimity. One of the most critical outcomes of the pandemic was the widespread announcement of lockdowns across the globe, due to which people were compelled to work from home and several individuals also lost their jobs, as companies resorted to cost-cutting measures to maintain some level of profitability in business. These factors hav...

Declining by 2.6% in 2020 Amid the COVID Impact, Global Pyrometers Market Projected to Reach US$871 million by 2027

Image
Industry Experts, Inc. unveiled the market research report on Pyrometers. The report entitled " Pyrometers – A Global Market Overview " reveals that the Asia-Pacific is estimated the largest market in 2021 with US$228.9 million, forecast to be US$240.1 million in 2022, and the region is also expected to witness the fastest growth with a CAGR of 8.7% during the period 2021-2027. The market for Pyrometers that are widely used for sensing and monitoring extremely high temperatures remotely, also underwent a decline between 2019 and 2020 due to lack of demand. The primary sectors where these devices are used include the Ceramics, Glass and Metal Processing industries, which slowed or closed operations in several regions. Apart from Asia-Pacific, all the other major regions posted declines during the pandemic period, with recovery being possible only towards the middle of 2021 as the effect of the virus was able to be controlled with newly developed vaccines. Over the coming yea...

Asia-Pacific Ceramic Capacitors Market to Reach $33 Billion by 2026 | Market Research Report (2021-2026) by Industry Experts, Inc.

Image
Industry Experts, Inc. introduced a global market research report on Ceramic Capacitors. The new report entitled " Global Ceramic Capacitors Market – Products and Applications " focuses on the market for Ceramic Capacitor types/sub-types and the key application sectors. Asia-Pacific is the principal global market for Ceramic Capacitors, which is also likely to log a robust 2021-2026 CAGR of 11.2% in reaching a projected US$16.7 billion by 2026. Towards the end of 2019, the outbreak of the COVID-19 pandemic had an adverse impact on the global Ceramic Capacitors market, as was reflected in declining demand in 2020. This can be attributed to either a slowdown or a complete stoppage of activity in the various verticals where these products are used in millions, if not billions. Leaving Asia-Pacific aside (due to a positive Chinese market), all other major worldwide regions witnessed declines in demand for Ceramic Capacitors between 2019 and 2020. This scenario is likely to chang...

Double-Digit Growth in Healthcare and Household Sectors Bolstered the Demand for Disinfectants during COVID-19, Partially Offsetting by Drop in Demand from Commercial and Industrial Sectors

Image
Industry Experts, Inc. introduced the new market research report on Disinfectants. The new global report entitled " Global Disinfectants Market – Compositions, Types, Applications and End-Use Sectors " reveals that the demand for disinfectants in Healthcare Settings and Households led the global market during the pandemic with double-digit growth rates of 17% and 19% respectively in 2020 compared to 2019. Disinfectants will play a major role in alleviating the situation, the market demand for which is expected to maintain a growing trend. Most of the requirements would be satisfied by Liquid Disinfectants, which are easy to use and can be replenished without any complications. Another factor to be noted is the growing demand for Bio-Based Disinfectant products, the market size of which is quite small compared to their chemical counterparts, but the same is gaining in terms of increased market penetration. While demand for Disinfectants was weak in Commercial Establishments...