Prasad Pande

  • High Temperature Gaskets Market To Attain A Value Of US$ 31,640.0 Mn by 2025 | TMR

    Global High Temperature Gaskets Market: Snapshot

    Gasket is a compressible material or combination of materials used to provide a robust seal between two stationary parts and to compensate for the imperfection between the mating surfaces to be sealed.  High temperature gaskets are used where the application temperature exceeds 700C. Material selection plays a crucial role in designing high temperature gaskets. Applications with intense heat, high temperatures, saturated steam or hot oil, and high pressures can lead to gasket failure if wrong material is used for the design of gasket. In the report, Transparency Market Research provides a thorough assessment of the present and potential future growth prospects of the market.

    According to the report, the global High Temperature Gaskets market was valued at US$ 20,399.9 Mn in 2016 and is projected to reach US$ 31,640.0 Mn by 2025 at a CAGR of 5.1% from 2017 to 2025.

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    Graphite to Continue to Witness High Demand

    Based on material, the segment of graphite accounted for the dominant share in the global market in 2016 and the trend is likely to continue throughout the forecast. Graphite has good chemical resistance and is suitable for temperature ranges up to 525°C/977°F. The segment of UHT (ultra-high temperature) liquid gasket materials is anticipated to exhibit significant CAGR during the forecast period. Other materials, including cork, rubber, paper, thermiculite materials, which can be used in low to ultra-high temperature applications, are expected to witness a vast rise in their overall market share over the report’s forecast period.

    Based on product, the semi-metallic segment accounted for major share of the high temperature gaskets market in 2016. Easy availability and suitable properties for high temperature in various end-user industries are the prominent factors expected to boost the semi-metallic gasket segment during the forecast period. The metallic segment is expected to be the least attractive in the near future due to its low flexibility and availability of other substitutes at various operating high temperature. Higher price range compared to its substitutes is the key factor for lower adoption of UHT liquid gaskets. However, the segment is anticipated to exhibit higher growth rate compared to other segments in the near future due to the advancements in technology and increase in focus on less inventory.

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    The global high temperature gaskets market is fragmented with many players operating in the market. Some of the key players are Flexitallic Group, Garlock, Teadit Group, Spetech, Hennig Gasket & Seals Inc., IGS Industries, and Advanced Sealing. Only a few players are into liquid gasket sealant manufacturing. Some of the prominent players are Kommerling UK Ltd., 3M, Henkel Adhesives, National Engineering Products Inc., A.I. Schulze Chemotechnische Fabrik e.K., Threebond, and Jet-Lube LLC.


  • Global Oilfield Chemicals Market To Reach Around US$ 57 Billion By 2026 | TMR

    Oilfield chemicals are specialty chemicals employed to enhance certain properties and functionalities of oil wells or reservoirs. Several services performed on oilfields rely on specialty fluids and additives. Oilfield chemicals play a vital role in the life cycle of an oil well. They are used in upstream, midstream and downstream operations of the oil industry. Manufacture of oilfield chemicals requires several raw materials, which are easily available. Production of oilfield chemicals requires moderate investments.

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    In terms of value, the global oilfield chemicals market is anticipated to expand at a CAGR of more than 7.0% from 2018 to 2026. The market has been segmented based on product and application. Based on product, the global oilfield chemicals market has been divided into biocides, corrosion and scale inhibitors, demulsifiers, surfactants, polymers, lubricants, hydrogen sulfide scavengers, fluid loss additives, and others. In certain operations such as drilling, production, stimulation, and transport in the oilfield sector, there exists a risk of corrosion and scale deposition. Inhibitors are required to be used in these operations to avoid the risk of corrosion and scale formation. In oilfield operations, prevention of growth of microorganisms is required and hence, biocides are applied periodically or continuously. Biocides kill living cells. Most biocides can be considered biostatic. Biocides are also known as anti-microbial agents, disinfectants, or antiseptics. Polymers have a wide range of properties including enhanced temperature resistance, creep resistance, fatigue resistance, chemical resistance, abrasion prevention, and dielectric properties. They are extensively used in various phases in the oil sector. Rising use of surfactants offers lucrative growth opportunities to the global oilfield chemicals market. They are used in exploration, drilling, production, well stimulation, enhanced oil recovery, and workover operations in the oilfield sector.

    Based on application, the global oilfield chemicals market has been classified into production chemicals, drilling fluids, well stimulation fluids, cementing fluids, enhanced oil recovery, and workover & completion. A drilling fluid is a mixture of synthetic and natural chemical compounds used to lubricate and cool the drill bit; carry cuttings to the surface; clean the hole bottom; control formation pressures; and improve the function of the drill string and tools in the hole. Production chemicals are used for maintaining the production flow as per the production schedule. In order to increase productivity of a well, it needs to be stimulated with chemicals. In order to effectively increase productivity, specialty chemicals are used for well stimulation. Cementing fluids or additives are employed to improve cement slurry rheology. They modify the cement slurry or set the cement. Cement additives are commonly available in a powder or liquid form, which allows for a little flexibility in the method by which the cement slurry is prepared. Chemical flooding is one of the enhanced oil recovery methods, wherein different types of chemicals are used.

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    The report comprises profiles of major companies operating in the global oilfield chemicals market. Key players operating in the global market are Baker Hughes (A GE Company), Halliburton, Solvay S.A., BASF SE, Schlumberger Limited, Newpark Resources Inc., AkzoNobel N.V., Albemarle Corporation, The Dow Chemical Company, Gumpro Drilling Fluids Pvt Ltd, Kao Chemicals, Chemiphase, Jiaxing Midas Oilfield Chemical Mfg. Ltd, Thermax global, and Imperial Oilfield chemicals Pvt Ltd.


  • Global Calcium Propionate Market to Reach US$ 445.0 Million by 2026

    The global calcium propionate market was valued at US$ 264.0 Mn in 2017 and is anticipated to expand at a CAGR of 5.3% from 2018 to 2026, according to a new report titled ‘Calcium Propionate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global calcium propionate market is primarily driven by the rise in demand for calcium propionate as preservative in bakery, meat processing, and packaged food products.

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    Increase in Demand for Calcium Propionate as Food Preservative to Drive Market

    Global expansion in the preserved food industry is boosting the demand for calcium propionate, as calcium propionate acts as an antimicrobial agent to kill microorganisms such as bacteria, algae, viruses, and fungi. Thus, it prolongs the shelf life of food products. For instance, growth in demand for bakery products in Canada and rapid development in the bakery industry in Southeast Asia are key factors expected to drive the global calcium propionate market. Studies indicate that calcium propionate is one of the safest food additives used in the food industry. The U.S. Food and Drug Administration has not placed any limitations on the use of calcium propionate in foods. Besides baked goods, it is commonly employed as preservative in processed cheese, chocolate products, and fruit preservatives. Furthermore, the tobacco industry has been utilizing calcium propionate as preservative in some of the products. Since the last few years, the food & beverages industry has been focusing on using natural preservatives to meet the demands of health conscious consumers.

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    Increase in Need for Convenience Foods Creates Demand for Calcium Propionate

    Busy lifestyles have led to a rise in demand for easily consumable products that are not affected by bacteria. However, the alarming rise in health issues faced by consumers has made them aware of the benefits of healthy and nutritive convenience food products. The need to minimize the intake of fats and calories is influencing the demand for specific functional food variants. Calcium propionate is considered to be one of the additives that avoids the spoilage of food products, especially during transportation. It possesses antimicrobial properties that improve efficiency and processing tolerance, and extend the shelf life of various food products. Thus, increase in demand for calcium propionate is anticipated to boost the calcium propionate market in the near future.

    High Degree of Competition among Market Players

    High degree of competition exists among players operating in the global calcium propionate market. The market is dominated by large players and is moderately consolidated. Major players account for more than 65% share of the market. These key players include Perstorp Holding AB, Niacet Corporation, Kemira, Macco Organiques Inc., and AB Mauri. Perstorp Holding AB produces and supplies calcium propionate in North America, Latin America, Europe, Africa, and Asia Pacific.


  • Global Flexible Batteries Market to Reach US$ 2 Billion by 2026: TMR

    Transparency Market Research (TMR) (www.transparencymarketresearch.com) has published a new report titled, ‘Flexible Batteries Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’. According to a new report, the global flexible batteries market was valued at US$ 250.0 Mn in 2017 and is projected to expand at a CAGR of 30.0% from 2018 to 2026. The global market for flexible batteries market is primarily driven by the rise in demand for flexible batteries from electronic manufacturers and assemblers. The flexible batteries market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to the increase in presence of electronic manufacturers and assemblers. Rise in production capacities of manufacturing companies and assembly plants in the region is likely to drive the demand for flexible batteries during the forecast period.

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    Increase in Demand for Smart Wearable Devices

    Internet of Things (IoT) devices connect numerous objects to the internet. IoT devices, such as smart wearable devices, near-body electronics, on-body electronics, in-body electronics, and electronic textiles, are widely used to monitor, diagnose, gauge, navigate, and track applications. These wearable devices are powered by thin films and flexible batteries. Widespread deployment of IoT enabled smart wearable devices is anticipated to boost the demand for flexible batteries. Increase in demand for smart watches, fitness bands, smart glasses, smart video/ photo devices, and smart clothing is projected to propel the global flexible batteries market during the forecast period.

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    Growing Demand for Flexible Batteries in Health Care Applications

    Flexible batteries are used in medical patches and patient monitoring, transdermal drug delivery, and accelerated healing devices. Transdermal patches are used for self-administered drugs through direct skin contact. Transdermal and medical patches provide pain relief, wound care, and cosmetic treatments owing to their efficient drug delivery rate. Rise in adoption rate of transdermal and medical patches for medical and pharmaceutical applications is expected to drive the flexible batteries market. Implantable medical devices, such as pacemakers, defibrillators, and neurostimulators, require flexible batteries that are produced using non-flammable electrolytes and organic composites. Flexible batteries have low manufacturing cost and long life cycle and hence, the demand for flexible batteries in implantable medical devices is projected to increase.

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    North America and Europe are at the Forefront of Global Demand

    In terms of region, the global flexible batteries market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe account for a substantial share of the global market owing to the advancements in technology and extensive research & development activities in the field of flexible batteries. Demand for flexible batteries in Asia Pacific is anticipated to increase at a rapid pace in the near future due to the emergence of large OEMs, electronic component manufacturers, and electronic device assemblers in the region. Rapid industrialization and growing electronics industry in China, Japan, and South Korea are likely to boost the demand for flexible batteries in the next few years.

    Key players operating in the flexible batteries market include Apple Inc., Blue Spark Technology, Brightvolt Inc, Enfucell Oy, LG Chem Ltd., NEC Energy Solutions Inc., Panasonic Corporation, Samsung SDI Co. Ltd., ST Microelectronics N.V., Ultralife Corporation, and Ultralife Corporation. These players concentrate on product innovation to develop state-of-the-art products, which is anticipated to help these companies capture a large share of the market


  • Vapor Recovery Unit Market To Expand With Significant CAGR During 2017 – 2025

    Vapor recovery is a term used for the recovery of fuel and gasoline vapors from storage tanks, which restrict the escape of vapors into atmosphere. The unit is used to restrict, store, withdraw, and refine vapor from gas storage tanks. Vapors in storage tanks are harmful for the environment and economically beneficial. Vapor recovery is in high demand due to its environmentally conducive and efficient nature, and safety of the users. Use of vapor recovery unit would reduce harmful methane emissions coming out from the crude oil storage tanks.

    The vapor recovery unit market is segmented based on type, process, application, and region. In terms of type the market is bifurcated into conventional vapor recovery unit and ejector vapor recovery unit. Conventional vapor recovery units use rotary compressors to extract vapors from atmospheric storage tanks. These compressors function on electricity. Ejector vapor recovery unit uses jet ejector in place of rotary compressor, which function on high-pressure motive water. Based on process, the vapor recovery unit market can be segmented into adsorption, absorption, condensation, and membrane separation.

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    Adsorption is a surface phenomenon process, which creates a film of absorbate on the surface of absorbent for vapor recovery unit. Absorption is a process in which a substance chemically captures and transforms energy in the unit. Condensation is the process in which cooling effect or refrigeration of the vapors are done in the vapor recovery unit. Membrane separation process selectively separates vapors according to their molecule arrangement in the unit. Vapor recovery units find application in upstream and downstream oil & gas industries, which help save costs and increase production output. Vapor recovery units find use in petroleum distribution terminals, chemical and petrochemical plants, crude oil tanks, and others.

    Restraints of the vapor recovery unit market are high cost of production and installation in downstream sector due to the oil & gas market volatility. Improper handling and assembling of vapor recovery units can lead to safety and environmental concerns.

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    However, the vapor recovery unit market is expected to expand primarily due to several countries regulating the use of these units to curb the increasing environmental pollution. Government subsidies in several economies have resulted in high demand for these units. Advanced and emerging technologies have resulted in the reduction in cost of production.

    In terms of geography, the vapor recovery unit market in North America is expanding due to rapid industrialization and discoveries of new shale oil and gas fields. In Europe, countries such as the U.K., France, and Germany have been using vapor recovery unit on a wider scale for industrial purposes. In the Middle East, countries such as Saudi Arabia and Qatar are extensively using vapor recovery units as these countries largely produce oil and gas. In Asia Pacific, countries such as Australia have made the use of these unit mandatory for curbing environmental hazards. Countries such as India, China, and Japan have high demand for vapor recovery units to reduce environmental pollution. Countries in Africa and Latin America are promising markets for vapor recovery unit.


  • Low Voltage Fuse Market Will See Strong Expansion Through 2025

    Global Low Voltage Fuse Market: Brief Synopsis

    Low voltage fuse systems are devices that offerprotection against electric current instability in electrically powered systems. These devices are mainly used to remove the excess current from flowing through a system, and hence protect the electric circuit from breaking down. As electric connectivity is rapidly improving and evolving, there is a substantial need for quality connections so that the hassles faced are kept to a minimum. Such reasons are significant enough to contribute towards the accentuation ofthe low voltage fuse market.

    The global low voltage fuse market is mainly segmented on the basis of two criteria: type and application. Based on type, the low voltage fuse market is divided into four main segments: switch fuse, totally enclosed cartridge low voltage fuse, semi-enclosed low voltage fuse, and drop out fuse. Each of these segments are further categorized in smaller sub-segments, which are covered in detail in the report. With respect to application, the global low voltage fuse market is further segmented into three segments: commercial consumers, domestic use, and small scale industries.

    The report presents a detailed study of the global low voltage fuse market which includes a detailed evaluation of major segments and their various sub-categories. The vendor landscape of the market is explained in detail by analysts in order to present a clear insight of the business strategies, technological developments, and other aspects of key competitors. The report also describes several other factors associated with the market such as geographical spread, revenue collections, market’s rise for specific forecast period, and other associated parameters.

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    Global Low Voltage Fuse Market: Prominent Drivers and Restraints

    A prime advantage of using low voltage fuses includes safety and protection in order to minimize damage caused due to short circuit occurrences. This advantage is a prominent driver of the global low voltage fuse market, which is expected to tread a growth future in the future.. Some other benefits tof low voltage fuse fuse devices are: easy installation, easy assembling and disassembling, which can further positively contribute towards market’s growth.

    A small restraint for this market iselectric shocks, which happens due to  inconsistency in current passing through wires. In such situations, electrical devices may overheat, and if the situation worsens, fire outbreaks may be caused. However, with innovation in wire technologies and better current stabilization systems, this obstacle is soon expected to be overridden in the future.

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    Global Low Voltage Fuse Market: Competitive Analysis

    As electricity is required in almost every place on the planet, the global low voltage fuse market has numerous market players operating. Although the main fuse designs do not change, every competitor has its own way of making the low voltage systems. Thus, some performance related differences may result between two systems manufactured by two different competitors. Some of the main competitors in the global low voltage fuse market are: Fuji Electric, Littlefuse Ltd, Zhejiang Zhiguang Fuse Co. Ltd., and C & S Electric, amongst several others.


  • Battery Monitoring System Market Dynamics, Segments And Supply Demand 2017 – 2025

    Demand for clean energy has been significantly increased due to the rise in awareness and increase in global warming. Such as solar, wind, and environmentally friendly electric and hybrid vehicles. Energy storage is a grave concern for successful implementation of these clean solutions. It can be used by various applications for energy storage. These are directly or indirectly dependent on battery. Battery monitoring system continuously measures, records, monitors, and provides various parameters for individual cells and battery modules. Analyzing the data obtained from battery monitoring helps one to know the condition of the battery or cell. It would also help in taking proper actions in order to avoid unplanned power outages.

    It also alerts the user about the failure of a battery or battery bank battery or the battery bank. Any battery that may or may not be damaged. Battery monitoring can prolong battery life and its efficiency. A battery monitoring system generally monitors charging, discharging, and charging on the battery; AC mains frequency & voltage; and ambient temperature and temperature of the battery.

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    Based on end-user, the battery monitoring system can be segmented into energy industry, automotive industry, IT & telecommunication industry, and others. In the energy industry, the battery monitoring system is used for storing power generated from solar and wind energy, or for monitoring the battery as it is used in power generation and oil and gas segments of the energy industry. In the automotive sector, the battery monitoring system is used primarily in electric and hybrid electric vehicles to indicate the status of the various parameters of the battery used. In the IT & telecommunication industry, the battery monitoring system is used to ensure the proper working of the battery that provides power to various intensive and critical devices.

    In terms of region, the battery monitoring system can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to hold a major share of the global battery monitoring system during the forecast period. Europe is expected to follow the lead of North America during the forecast period. However, Asia Pacific is anticipated to have significant growth potential; The market in the region is estimated to expand at a significant pace during the forecast period.

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    Key players operating in the battery monitoring system market include ABB Group, Crucial Power Products, BTECH, Inc., C & D TECHNOLOGIES, INC., NDSL Group LTD, General Electric Company, and PowerShield Limited.


  • Anti Vibration Mounts Market Set For Rapid Growth And Trend, By 2026

    High extent of vibration can cause significant destruction to machinery in the long run. Therefore, vibration isolation is essential to help improve the functioning of machines for longer duration. Rubber products are mostly used to avoid the transmission of vibration that a machine produces. These products act as isolating pads and absorb vibrations. Isolating pads. Vibrating from being transferred to adjacent machines and structures. These products are known as anti-vibration mounts, isolation mounts, and vibration damping materials and are available in various configurations.

    Anti-Vibration Mounts Market: Drivers and Restraints

    Rubber mounts are commonly used anti-vibration mounts for industrial applications. However, a common problem with rubber mounts is the effect of high temperatures on the stiffness of the rubber. At elevated temperatures, all types of rubber undergo degradation reactions. This is expected to hamper the anti-vibration mounts market during the forecast period.

    The need to diminish noise emitted by industrial machinery and plants is rising. Vibration isolators act as important components of noise and vibration reduction from marine plants, industrial machinery, mechanical equipment, and industrial plants.

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    Anti-vibration Mounts Market: Segmentation

    The anti-vibration mounts market can be segmented based on product type into:

    • Cylindrical Bobbins
    • T-Bush
    • Buffers & Bump stops
    • Springs & Hangers
    • Captive Transit Mounts
    • Silent Marine
    • Cone & Cab Mounts
    • Machine Mounts
    • Hydro & Air mounts
    • Flanged Mounts
    • Sandwich mounts
    • Rubber Springs & Custom Bonding
    • Rubber Sheeting / Matting

    Bobbins, which are primarily made of rubber, are low cost anti-vibration solution to vibration and shock in the industrial machinery and equipment. These bobbins are used in either compression or shear or a combination of both. Bobbins are available in various thread configurations for different industrial applications. Bobbins are specifically used in a wide variety of applications such as exhaust mounts, air conditioning units, diesel engines, generator sets, and industrial equipment and machinery.

    Rubber dampers are popularly used anti-vibration mounts. They are generally used to reduce internal vibrations in machines such as motors, pumps, and power units. Rubber dampers sometimes permit vibrations in the machine parts as well as avoid the vibrations.

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    Anti-vibration Mounts Market: Key Market Players

    Key players operating in the anti-vibration mounts market include:

    • E & B RUBBER METAL PRODUCTS PVT, LTD
    • IAC acoustics
    • Trelleborg
    • Cummins Power Generation Inc.
    • AV Industrial Products Ltd
    • Fibet Rubber Bonding (UK) Ltd
    • Flexico
    • Anti-Vibration Methods (Rubber) Co Ltd
    • EMBELTON
    • Karman Rubber Company
    • GMT Rubber
    • VibraSystems Inc.
    • ROSTA AG

  • Battery Recycling Market Will Be Worth US$ 25 Billion by 2026

    Battery recycling is the process of recycling used batteries from various sources, preventing them from going into municipal wastes and landfills for disposal. Almost all household batteries, battery packs from mobile phones, power tools, laptops & remote control units, and car batteries can be recycled. Batteries comprise several toxic and hazardous metals and heavy metals such as lead, mercury, nickel, and cadmium. These can contaminate soil or underground and surface water resources if they go into landfills. Upon incineration, batteries release these metals into the environment along with the ash formed during the process. Battery recycling prevents the degradation of environment and potential health hazards caused from disposed batteries. Batteries are manufactured from various chemical compositions and materials. Each type of battery has a different process of recycling. As a result, the sorting of batteries based on their chemical composition becomes an important aspect for battery recycling.

    The global battery recycling market was valued at around US$ 10 Bn in 2017 and is anticipated to expand at a CAGR of nearly 11% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled “Battery Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026”. Battery recycling prevents used batteries from ending up in municipal wastes and landfills. It enables the reuse of battery materials. Almost every type of battery such as household batteries, laptop batteries, mobile phone batteries, power tool batteries, and car batteries can be recycled. Batteries are manufactured from hazardous metals and heavy metals such as lead, mercury, nickel, zinc, and cadmium. These metals may leach into the soil if not disposed properly, thus contaminating the soil and polluting underwater and surface water sources. Battery recycling ensures the continuous flow of hazardous materials and prevents them from entering the environment, thereby protecting the environment from degradation. Battery recycling activities also help prevent potential health hazards.

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    Rise in Environmental Concerns and Manufacturing Economics Achieved from Recycled Products Projected to Boost Battery Recycling Market 

    Increase in environmental concerns about potential threats from unsafe disposal of used batteries is expected to be a key driver of the battery recycling market. Major raw materials used in batteries such as lead, cadmium, nickel, and mercury are highly hazardous and can cause severe damage to the ecosystem. Battery manufacturing companies have recognized these potential hazards. Several government and non-profit organizations have taken steps toward battery recycling by spreading awareness about it or by entering into agreements with consumers for spent batteries. Raw materials used for manufacturing batteries are of high commercial value. The recycling process can yield these raw materials in a cost effective way vis-vis their fresh counterparts. Using recycled products for manufacturing can lower manufacturing costs of various products, thereby making the manufacturing process more economical and environment friendly. Rise in demand for portable consumer electronics is also likely to a key factor augmenting the market. Batteries are used in portable electronic products as their power source. These batteries have lifespan of around two to five years. They need to be replaced with new batteries post their lifespan. The amount of spent batteries is rising with the increase in demand for portable electronic products. This, in turn, is boosting the demand for battery recycling. However, low end-user awareness about battery recycling is projected to hamper the market. Small-scale end-users of batteries dispose them in garbage dumps instead of giving them to recyclers. Governments and various organizations across the globe have taken steps to increase awareness about battery recycling among end-users in order to prevent batteries from ending up in landfills or garbage dumps.

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    Battery Manufacturing Companies Dominate Battery Recycling Market

    Key players operating in the battery recycling market are Battery Solutions LLC, Call2Recycle, Inc., Exide Technologies, Retriev Technologies, Inc., East Penn Manufacturing Company, EnerSys, G & P Batteries, Gravita India Ltd., Johnson Controls, Inc., and Umicore N.V. The battery manufacturing companies are entering the recycling market due to the availability of raw materials from recycled batteries, due to which they are gaining share in the market.


  • Global Needle Coke Market To Rise To US$ 5.18 Billion By The End Of 2026

    Needle coke is a highly crystalline coke primarily used for the production of graphite electrodes for EAF steel. Fluid catalytic cracking (FCC) decant oil is used as a starting material in the production of petroleum derived needle coke. It contains about 0.02% to 0.04% by weight of ash. FCC catalyst increases the thermal expansion characteristics of a resulting electrode, thereby necessitating the removal of the catalyst for the production of low CTE graphite electrodes from petroleum needle coke. Coal tar is obtained as a byproduct during the coking process of low ash metallurgical coke. Coal tar pitch is obtained through distillation, which involves the conversion of coal tar into a variety of intermediate chemicals.

    In terms of value, the global needle coke market is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026 and reach US$ 5.18 Bn by 2026. The global needle coke market has been segmented based on type, grade, and application. Based on type, the global needle coke market has been bifurcated into petroleum derived and coal tar pitch derived. Demand for petroleum-based needle coke is high despite the existence of a handful of suppliers globally. China is a major producer of coal tar pitch needle coke. Based on grade, the global needle coke market has been segregated into intermediate, premium, and super premium. The super premium segment is expected to exhibit significant growth rate during the forecast period. Based on application, the global needle coke market has been classified into graphite electrode, lithium-ion batteries, and others. Needle coke is used extensively in the production of graphite electrodes. The graphite electrode segment accounted for significant share of the needle coke market in 2017. It is likely to remain a dominant segment during the forecast period. However, the lithium-ion batteries segment is anticipated to expand at a rapid pace in terms of value and volume between 2018 and 2026.

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    Needle coke is a major raw material required for the manufacture of graphite electrodes and lithium-ion batteries. Currently, the prices of needle coke are increasing due to the shortage of supply. Its availability is affected not only by environmental restrictions in China, but also due to the rising demand from alternative uses such as lithium-ion batteries (used for electric cars). Approximately 10% of global needle coke production is being used in the rapidly expanding lithium-ion battery sector. Production of needle coke in the U.S. was disrupted recently by Hurricane Harvey, which caused Graftech; the major needle coke manufacturer through its subsidiary company Seadrift Coke to declare force majeure. The shortage of needle coke globally is hampering the supply of graphite electrodes. Additionally, maintenance shutdown schedule of some large refineries has affected the availability of needle coke. Expansion in the electric vehicle industry is estimated to boost the demand for needle coke. A few manufacturers of needle coke (around 15-16) operate at the global level. They account for 90% to 95% of the global production of needle coke. Implementation of stringent environmental regulations over the manufacturing of needle coke is anticipated to hamper the needle coke market in the near future.

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    China has restarted coal-based needle coke manufacturing plants. It plans to expand its capacity due to the sudden increase in demand from graphite electrode and lithium-ion battery manufacturers. Companies such as Baotailong, Shanxi Hongte, and Shandong Jingyang announced plans to increase their needle coke production capacity by 16% by the end of 2018. China-based manufacturers are likely to expand their production capacities by more than 60% by the end of 2020.

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    The report comprises profiles of major companies operating in the global needle coke market. Key players operating in the needle coke market include Phillips 66, Mitsubishi Chemical Corporation, JXTG Holdings, Inc., Baotailong New Material Co., Ltd., Indian Oil Corporation Ltd., Bao-steel Group, C-Chem CO., LTD., Seadrift Coke LP, Sinopec Shanghai Petrochemical Company Limited, Shanxi Hongte Coal Chemical Co Ltd., Sinosteel Anshan Research Institute of Thermo-Energy Co., Ltd., Petrochina International Jinzhou Petrochemical Co., Ltd., Shijiazhuang Deli Chemical Co., Petroleum Coke Industries Co. (K.S.C), Petrocokes Japan Ltd., and FangDa Carbon New Material Co. Ltd.


  • Global Rainwater Harvesting Market To Be Worth US$1.14 Billion by 2025

    The continuous increase in the global population is leading to a rising demand for clean, usable water, which is intensifying the pressure on water resources. This, as a result, is propelling the growth of the global market for rainwater harvesting substantially. The market offered an opportunity worth US$0.70 bn in 2016. Researchers expect it to rise at a CAGR of 5.70% over the period from 2017 to 2025 and reach a value of US$1.14 bn by the end of 2025.

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    Government legislations, incentives, tax exception schemes, and support from NGOs to increase awareness, fuels the demand for rainwater harvesting market

    World population is continuously growing, and so is water consumption. It is estimated that 2 billion to 3 billion people will be living in water stress areas by 2025. Governments of several countries have started awareness programs for promoting rainwater harvesting. They are also providing incentives and tax exceptions in order to encourage the usage of rainwater harvesting systems. Rainwater harvesting has additional advantages such as lowering of water bills, reducing soil erosion and floods, and helps in irrigation. Growth in population, which has led to quest for alternate fresh water sources and government support in creating awareness regarding water scarcity and promoting rainwater harvesting methods, is expected to boost the rainwater harvesting market in the near future.

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    Highly fragmented with medium and small players in the global rainwater harvesting market.

    Some of the key players covered in the report are Kinspan Group, Watts Water Technologies, Inc., Graf Group, WISY AG, Innovative Water Solutions LLC, D&D Ecotech Services, Rain Harvesting Supplies, Inc., Water Field Technologies Pvt. Ltd., Stormsaver, Climate Inc., Water Harvesters, Heritage Tanks, HarvestRain Inc., and The Gulf Islands Rainwater Connection Ltd. Although, the rainwater harvesting market is fragmented with many small players, there are still few mergers and acquisitions happening among medium players. For instance, In July 2016, Harvestrain, Inc., an emerging growth leader in the rainwater industry, acquired TANK TOWN, Central Texas pioneering rainwater harvesting company founded in 1994.


  • Synthetic Proppants Market Set For Rapid Growth And Trend, By 2026 | TMR

    Global Synthetic Proppants Market: Overview

    Proppant is a solid material designed to keep hydraulic fracture open during treatment. Hydraulic fracture is a widely used process in gas companies. Under the process, chemicals, injecting sand, and water are inserted into a well under carefully controlled conditions to crack or fracture solid rocks and release trapped gas deposits. Development of the hydraulic fracturing technology has led to the usage of proppants. Proppants are used during hydraulic fracturing to keep the fissures open for oil and gas to flow toward the well head. There are primarily three types of proppants: sand, resin-coated, and ceramic. The proppants market has been expanding in most of the emerging economies. The market entails significant investment. Traditional drilling methods incur high cost and can adversely affect the availability of resources. Synthetic proppants play a vital role in the extraction process by keeping the supplies of natural gas and oil unhindered. This is fuelling the proppants market.

    Various types of proppants are used in the fraction process; however, synthetic proppants provide better performance under high pressure conditions in reservoirs at greater depth. This is anticipated to augment the synthetic proppants market during the forecast period. Rise in usage of proppants in the oil & gas industry has boosted the demand for proppants across the globe. However, implementation of stringent government regulations to reduce hydraulic fracturing due to its hazardous environmental impact is hampering the market.

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    Global Synthetic Proppants Market: Key Segments

    Based on type, the synthetic proppants market can be segmented into ceramic beads, aluminum beads, sintered bauxite, coated sand, and others. Ceramic proppants are manufactured from kaolin clay or non-metallurgical bauxite, which is sintered to reduce the water content and increase density, roundness, and strength. Synthetic proppants provide an additional benefit; their specific gravity and grain size can be matched to the viscosity of the fracking fluid. Thus, enhanced properties of synthetic proppants are estimated to drive the market during the forecast period.

    Global Synthetic Proppants Market: Applications

    In terms of application, the synthetic proppants market can be divided into hale gas, tight gas, coal bed methane, and others. Increase in application of synthetic proppants in shale gas extraction due to its usage in transportation and power generation is projected to augment the market during the forecast period. Furthermore, presence of unexplored shale gas reserves in economies such as China, Argentina, Australia, Algeria, Saudi Arabia, and Brazil is likely to boost the demand for synthetic proppants during the forecast period.

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    Global Synthetic Proppants Market: Key Players

    Prominent players operating in the global synthetic proppants market are Fortress Proppants Ltd, Fairmount Santrol, Badger Mining Corporation (BMC), U.S. SILICA, CARBO Ceramics, and Hi Crush LP Partners.


  • Diamond Coatings Market Will Reflect Significant Growth Prospects During 2018 - 2026

    Global Diamond Coatings Market: Introduction

    Diamond coatings have gained a large amount of attention due to their mechanical, electric, and optical properties. Some of the major benefits include high thermal conductivity, low coefficient of friction, maximum surface hardness, and exceptional wear properties. In terms of application, diamond coatings offer an excellent solution for a wide range of surface performance issues.

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    Diamond Coatings Market: Segmentation

    Based on process used, the diamond coatings market can be segmented into CVD (chemical vapor deposition) and PVD (physical vapor deposition). Chemical vapor deposition was the major process segment of the diamond coatings market in 2017 and is likely to remain the dominant segment between 2018 and 2026. Low cost and ability to coat in various shapes is a factor driving the demand for chemical vapor deposition. Diamond coatings are used on surfaces of various materials. In terms of substrate, the diamond coatings market can be classified into composite substrates, metal substrates, and ceramic substrates. Metal substrates was the major segment in 2017 and is projected to continue its dominance during the forecast period. Steel is a major metal which is used to manufacture various components for different industrial applications. This is a key factor that drives the demand for diamond coatings.

    However, rising use of composites, especially in aerospace, automotive, and other industries is anticipated to make composite substrates a highly lucrative segment during the forecast period. Based on end-user industry, the diamond coatings market can be segmented into automotive, aerospace, industrial, medical, electronics, and others. Automotive was the leading end-user industry segment of the market for diamond coatings in 2017 and is likely to remain the dominant segment during the forecast period also, followed by the electronics segment.

    Cutting tools are highly used to manufacture various automotive components. Growth of the automotive industry, especially in Asia Pacific, is likely to propel the demand for diamond coatings in the automotive segment from 2018 to 2026. Diamond coatings have high thermal and electric conductivity, which makes it a unique material for electric and electronic products. This is a key factor augmenting the demand for diamond coatings in the electronics segment.

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    Diamond Coatings Market: Key Players

    A large number of companies operate in the global diamond coatings market. Several regional and local service providers are providing diamond coating solutions to various end-user industries. Some of the major companies operating in the global diamond coatings market are Diamond coatings, D-Coat GmbH, SP3 Diamond Technologies, United Protective Technologies, JCS Technologies, Blue Wave Technologies, and Sandvik Hyperion.


  • Anti-block and Anti-slip Agents Market Competitive Dynamics & Global Outlook 2026

    Anti-block and Anti-slip Agents Market: Overview

    The problem of blocking occurs when adhesion is developed between two surfaces that are in contact with each other, Slipping takes pace due to the sliding of two surfaces over each other. Surface friction is a measurement of the interaction between two surfaces or between a surface and processing equipment. Anti-blocking agents lower this surface friction, which allows easier separation of the two surfaces. They operate by migrating to the surfaces as they are cooled, which allows for the formation of a solid lubricating layer. This layer lowers the adhesion or friction between the surfaces that are in contact with each other. Use of anti-block agents and anti-slip agents allows the formation of barriers between layers of two different surfaces and modifies their frictional properties. They are particularly employed in the polymer industry.

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    Anti-block and Anti-slip Agents Market: Key Segments

    The global anti-block and anti-slip agents market can be segmented based on product, application, and region. In terms of products, the anti-block and anti-slip agents market can be classified into organic agents and inorganic agents. The inorganic agents segment is expected to expand at a significant pace over the forecast period, due to ease of availability and cost effectiveness of inorganic agents. Based on application, the anti-block and anti-slip agents market can be categorized into packaging and non-packaging. The packaging segment can be further divided into food, pharmaceuticals, and others. The non-packaging segment can be further segmented into polymer processing, medical, agriculture, and others.

    Anti-block and Anti-slip Agents Market: Drivers and Restraints

    The food packaging sub-segment of the packing segment is anticipated to act as a major driver for the overall anti-block and anti-slip agents market over the coming years due increasing usage of these agents in the food industry, owing to rise in demand for ready-to-eat packaged food. Demand for packaged food is anticipated to rise due to increase in the disposable income of people. The polymer processing and pharmaceuticals sub-segments are expected to follow the food packaging segment in terms of generation of significant demand for anti-block and anti-slip agents over the forecast period. However, in the polymer industry, high dosage of these agents can alter optical properties of finished plastics. To overcome this disadvantage, manufactures are focusing on developing new alternatives that can provide optimal clarity and high resistance to slipping and blocking.

    In terms of region, the anti-block and anti-slip agents market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is anticipated to dominate the anti-block and anti-slip agents market, followed by Europe and North America over the coming years. Increase in demand for anti-block and anti-slip agents from the polymer and agriculture industry is likely to augment the overall market in the near future. Moreover, government initiatives to increase crop yield are likely to drive the demand for anti-block and anti-slip agents market from food packaging industry in the near future. In North America and Europe, industries such as medical and pharmaceutical are expected to boost the demand for anti-block and anti-slip agents.

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    Anti-block and Anti-slip Agents Market: Key Players

    Companies operating in the anti-block and anti-slip agents market are implementing assertive marketing strategies to increase their market share. They are also shifting their production facilities to emerging economies in Asia Pacific and Latin America due to the easy availability of land, cheap labor, and governmental subsidies in these regions. Key players operating in the anti-block and anti-slip agents market include Croda International Plc, Ampacet Corporation, Wells Plastics Ltd, W. R. Grace & Co.-Conn, Rudolf GmbH, and ALTANA.


  • Aerospace Ceramic Matrix Composites Market Report 2026 | Analysis Forecast

    Aerospace Ceramic Matrix Composites Market: Introduction

    Demand for ceramic matrix composites (CMCs) is increasing due to their characteristics such as high temperature resistance and high mechanical strength. Ceramic matrix composites are composed of a ceramic fiber embedded in a ceramic matrix to produce a finished aerospace ceramic matrix composites part. These are sought after for applications with high thermal structural requirements. Recent advancements and developments in composite technology utilize fiber reinforced ceramic matrix composites that have tremendous positive effect on aviation. Aerospace ceramic matrix composites help meet demand for greater fuel efficiency in aviation propulsion.

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    Aerospace Ceramic Matrix Composites Market: Overview

    Fiber reinforced ceramic matrix composites are advanced materials that are resistant to fatigue and corrosion and are lightweight in nature. Ceramic matrix composite provides high strength-to-weight & stiffness-to-weight ratios. This has resulted in shift of aerospace engineers and aircraft designers to ceramic matrix composite materials from other composite materials to make aircrafts much stronger, lighter and more fuel efficient.

    Based on matrix, the aerospace polymer composites market is divided into carbon, silica carbide, alumina, and others. In terms of end-use, the aerospace ceramic matrix composites market is classified into aero-entry systems, ultrahigh temperature ceramic components, propulsion subsystems, high-temperature radiators, and others. Based on aircraft type, the aerospace ceramic matrix composites market includes general aviation, defense aircraft, space, and helicopters etc.

    Aerospace Ceramic Matrix Composites Market: Market Trends & Developments

    Recent advancements in ceramic matrix composites research to manufacture & design high performance aerospace ceramic matrix composites have helped overcome challenges presented by the complex designs of modern aircraft gas turbine engine systems. It is observed that large scale utilization of advanced ceramic matrix composites in R&D activities by major OEMs. Many OEMs have increase in funding by the governments to develop military fighter aircraft, general aviation, helicopters, satellites, launch vehicles, and missiles all around the world. This emphasizes the fact that growing potential of ceramic matrix composite materials for gas turbine engines and other aero-entry structural usage in aerospace industry. Domestic and international companies and federal governments are increasing investments in technology to manufacture aerospace ceramic matrix composites in the U.S and other countries. Industry leaders have announced significant investments in construction of new manufacturing facilities, employment, and purchase of capital equipment to ease aerospace ceramic matrix composites transition from R&D stage into commercial gas turbine engines. For example, in 2017, General Electric created jobs at a retooled facility in North Carolina in the U.S to produce aerospace ceramic matrix composites components for its new LEAP gas turbine engine. In the same year, the company had orders for more than 6,000 units.

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    Aerospace Ceramic Matrix Composites Market: Key Players

    The key players in global aerospace ceramic matrix composites market include, AIRBUS, BOEING, Hexcel Corporation, ATC Aerospace, and General Electrical


  • Global Construction Films Market Insights By Size, Status And Forecast 2026 | TMR

    Construction films are employed for masking, as in privacy screens or dust covers on construction sites. They are also used as a moisture barrier, underlying film for scaffolding, water barrier below the concrete floor, and sound barrier in stadiums. Construction films have excellent toughness and strength, high tensile strength, abrasion resistance, high puncture resistance, and ability to adapt to varying humidity. These films are recyclable. Construction films are maintenance-free and are easy to apply.

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    Global Construction Films Market: Drivers & Restrains

    In terms of application, the construction films market can be segmented into gas/moisture barrier, vapor barrier, curing blanket, and others. As a vapor barrier, construction films are mostly applied to residential buildings, commercial buildings such as hospitals, educational institutes, and shopping malls. The vapor barrier segment held a major market share, both in terms of value and volume, in 2017 and is expected to continue its dominance throughout the forecast period.

    In terms of end-use, the construction films market can be segregated into residential, commercial, and industrial. The residential segment held a major market share in 2017, owing to rise in the number of residential buildings in Asia Pacific. The commercial end-use segment is expected to witness significant growth during the forecast period.

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    Global Construction Films Market: Key Players

    Key players operating in the global construction films market are Saint-Gobain, Raven, Polyplex Corporation, Climax Synthetic, Tech Folien, Qingdao KF Plastics, Eastman Chemical, Polifilm Group, and Four Star Plastics


  • Global Mooring Integrity Management Market Set For Rapid Growth And Trend, By 2026 | TMR

    The mooring integrity management process is a series of actions or steps taken in order to achieve mooring integrity. It is intended to control the risk of a loss-of-position event such as mooring line failure, which can lead to failure of the riser and release of hydrocarbons. In order to manage the loss-of-position event, the necessary recovery plans must be in place. Mooring lines and flexible riser systems have gained significance recently. Mooring systems are designed to last for long periods of time (generally 10 to 30 years) in extremely challenging environments. Between tropical cyclones, accelerated corrosion, and constant fatigue loads, every operating area faces major challenges for continuous operation without failure. In order to meet these challenges, guidance regarding mooring design needs to be equally strong. Software packages accurately simulate mooring loads; components are manufactured with higher strength and fatigue capacities; and design guidance is updated to reflect new failure modes.

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    Global Mooring Integrity Management Market: Drivers

    Particularly in deep-water and hostile environments, where off-loading is high and complex, design methods are often pushed to the limit of current capabilities and experience. Three integral aspects of maintaining mooring integrity management for extended periods of time are monitoring, inspecting, and performing engineering analysis. Monitoring designs for input/output parameters ensure that design assumptions and predictions including line tensions (or line angles), vessel excursions, and metocean conditions are valid. Inspecting ensures that components remain undamaged; deteriorate at anticipated rates; and function according to assumptions of the design. Performing engineering analysis when the mooring system is operating outside out of the intended design envelope ensures that it meets allowable excursions and minimum safety factors for intact, damaged, and fatigue-limit states.

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    Global Mooring Integrity Management Market: Regional Outlook

    Countries in Asia Pacific such as India, China, Singapore, and Japan are emerging regions for mooring integrity management market, due to growth in industrialization and seaborne trade activities in these countries, which have driven the investment in marine locomotives. Countries in Europe such as the Netherlands, the U.K., France, Germany, and Norway are witnessing high demand for mooring integrity management market, due to eco-friendly energy norms imposed by governments of the respective countries. Demand for mooring integrity management market is increasing significantly in North America. The American Petroleum Institute (API) has initiated development of its own recommended practice (RP) for mooring integrity. Countries in Latin America and Africa are recovering from the economic slowdown. Thus, the mooring integrity management market in these countries is likely to expand at a sluggish pace during the forecast period.

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    Global Mooring Integrity Management Market: Key Players

    Key players operating in the global mooring integrity management market are DNV GL, DeepStar, InterMoor, Welaptega, and Marsol International Ltd


  • Fire Resistant Cotton Market Key Players And Growth Analysis With Forecast | 2025

    Global Fire Resistant Cotton Market: Overview

    The use of fire-resistant materials for making fabrics that can resist burning and withstand flames is gaining traction in a number of end-use industries for flame-proofing clothing.  Fire-resistant cotton fabric has emerged as an attractive development in the textile industry by treating cotton chemically, especially by using various fire-retardant materials such as nomex. The popular application areas include industrial protective clothing, firefighting uniforms, and furnishings.  Furthermore, they are also used in military textiles or in situations where flame resistance is paramount to the safety of wearer and the surroundings. Manufactures also make blends of cotton with a variety of materials, notably polyester, to bolster the fire-resistance characteristics of cotton.  Advances in materials science and nanotechnology are expected to unlock lucrative prospects in the market.

    A growing number of employers are evaluating the level of workplace hazards in different work environments in order to adopt the apt flame-resistant garments for the workers. This will create exciting avenues in the market. Depending on specific end use requirements, suitable type of fire-resistant cotton fabrics are adopted to meet safety requirements in various industries.

    The report offers a detailed assessment of key growth drivers, notable and emerging trends, lucrative prospects, major technology advances in major regions, factors driving prominent application segments, and the key offerings of various players.

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    Global Fire Resistant Cotton Market: Trends and Opportunities

    The rising demand for flame-resistant protective fabric in various end-use industries such as the transport, oil and gas, law enforcement, and chemical is a key factor driving the fire-resistant cotton market. The widespread use of flame-retardant chemicals in making advanced fire-resistant cotton blends is a noteworthy factor accentuating the market. The growing popularity of durable flame retardant treated cotton fabrics is a significant factor acting as catalyst in the growth of the market. The rising incidence of various types of industrial fires such as flash fires, jet fires, pool fires, and boiling liquid expanding vapour explosion (BLEVE) fires, in various regions is bolstering the demand for fire-resistant cotton. The recurrent focus of employers on implementing workplace safety norms in a number of developing and developed nations is also helping in the rapid expansion of the market.

    The rising number of onshore and offshore oil and gas exploration activities is likely to bolster the use of fire resistant cotton. The growing use of fire resistant cotton for furnishings in the residential and commercial sector is expected to create vast lucrative avenues for market players to capitalize on. Substantial advancements in curing process for producing fire resistant cotton will also help fuel the growth of the market.

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    Companies mentioned in the report

    Prominent players operating in the fire resistant cotton market include Kaneka Corporation, Xinxiang Zhuocheng Special Textile Co. Limited, Huntsman Corporation, Woven Fabric Company, Royal Ten Cate (USA), Inc., Milliken Chemical Company, Tyndale Company Inc., E. I. du Pont de Nemours and Company, and Lenzing AG.


  • Global Engine Oil Additives Market Latest Report With Forecast 2017 – 2025

    Engine oil additives are chemicals or specialty chemicals that are added or mixed with engine oil to enhance its performance and characteristics. Engine oil additives protect the engine form wear and tear and also improve the overall fuel economy. Engine oil additives are also referred as lubricant additives. Engine oil additives play three basic roles: (i) it enhances base oil properties, (ii) it suppresses undesirable properties, and (iii) it imparts new properties to base oil. These functions are carried out by different types of engine oil additives. However, engine oil additives improve the viscosity index of the engine oil. This is the major characteristic of engine oil additives. High viscosity imparts difficulty for easy flow of oil. On the other hand, less viscosity causes improper lubrication. The viscosity of the engine oil also changes due to temperature variations. Engine oil additives ensure maintenance of enough viscosity of the engine oil so that the engine functions without any lag.

    Different types of engine oil additives are available in the market. Based on type, the engine oil additives market can be segmented into anti-oxidants, dispersants, detergents, corrosion inhibitors, friction modifiers, antiwear additives, and VI improvers. In terms of fuel type, the engine oil additives market can be divided into diesel, gasoline, and gas. Engine is the fundamental component of a vehicles. Thus, the engine oil additives market can also be segregated into passenger cars, commercial vehicles (LCV & HCV), off-road vehicles, motorcycles, and others. The others segment includes all the machineries where the use of engine oil or use of fuel is prominent.

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    Increase in demand for fuel efficient vehicles is the key driver of the engine oil additives market. Engine oil additives help enhance the engine performance by maintaining the desired properties of the engine oil. Implementation of stringent emission norms especially for vehicles is another driver of the engine oil additives market. The usage of engine oil additives leads to complete combustion of the fuel; this helps lower the emission of harmful gases. However, emergence of battery operated vehicles (BEVs) is a major restraint of the engine oil additives market. Trend of electric vehicles is gaining popularity due it to zero emission characteristics. Rise in demand for engine oil additives in automobile and machinery industries is a key opportunity for the engine oil additives market.

    In terms of region, Asia Pacific is expected to lead the global engine oil additives market, led by the rapid development and urbanization. Asia Pacific also accounts for the largest population. Demand for different types of vehicles, especially passenger cars and heavy commercial vehicles, is high in the region. North America is anticipated to constitute prominent share of the engine oil additives market in the near future. Countries in the region such as the U.S. have high per capita vehicles in the world. Europe is another lucrative region of the engine oil additives market. Most of the major automobile manufacturers are from countries in Europe. These Original equipment manufacturers are likely to offer lucrative opportunities to the engine oil additives market.

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    Prominent players operating in the engine oil additives market are Afton Chemical, BASF SE, Croda International Plc., Lucas Oil Products, Inc., Lubrizol, Multisol, Chevron Corporation, Evonik Industries, Infineum International Limited., and BRB International.


  • Composite Materials Testing Market Will Reflect Significant Growth Prospects By 2025

    Composite material testing is a process widely used in aircraft, automotive and spacecraft industries to determine the performance of composite materials. A composite material is defined as a material made up of two or more constituent materials with significantly different physical or chemical properties, which on combination, produces a material with characteristics different from the individual constituent components. Individual components remain distinct within the finished structure. Composite materials are commonly used in construction structures such as bridges, buildings, and storage tanks. They are also helpful in making structures for swimming pool panels, cultured marble sinks, racing car bodies, etc. However, the ideal and innovative usage of composite materials testing is in aircraft and spacecraft industries. They also offer high stiffness and strength compared to traditional materials. Composite materials are also ideal for attaining complex shapes without using high pressure tools. They provide high durability and are resistant to unfavorable environmental conditions such as exposure to UV rays, moisture, chemical attack, and temperature fluctuations.

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    Increase in usage of composite materials in aerospace and automotive industries and rise in production of commercial aircraft are the major factors driving the composite materials testing market. Additionally, rise in investments in R&D, increase in safety standards among various industries, and growth in demand for lightweight materials are boosting the composite materials testing market.

    Lack of specific standardization in production technologies and issues pertaining to recyclability of used materials are some of the factors hampering the composite materials testing market.

    Based on product type, the composite materials testing market can be segmented into ceramic matrix composites, polymer matrix composites (thermoplastics and thermosets), continuous fiber composites, discontinuous fiber composites and others. Continuous fiber composites is a rapidly growing segment of the global composite materials testing market owing to their outstanding performance. Therefore, these composites are used in high-end applications such as aerospace & defense and transportation.

    In terms of testing type, the composite materials testing market can be bifurcated into destructive and non-destructive. Destructive can be further classified into impact testing, compression testing, flexure testing, fatigue testing, and others. Non-destructive can be segregated into visual testing, ultrasonic testing, thermography, ultrasonic testing, shearography, radiography, and others. Non-destructive is expected to remain the dominant segment owing to its higher usage in wide range of applications in aerospace & defense, wind energy, and transportation industries.

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    Key players operating in the composite materials testing market include Henkel AG & Co. KGaA, Westmoreland Mechanical Testing and Research, Inc., Composites Testing Laboratory Pvt. Ltd, Exova Group Plc, Element Materials Technology, Intertek Group Plc, Matrix Composites Inc., Instron Corporation, and Mistras Group, Inc.


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