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Wednesday, January 8, 2020

3:15 AM

How is Automation Expansion in Industrial Sector Driving Pyrometer Market?


A pyrometer, also known as digital thermometer or temperature camera, is an electronic device which is utilized for measuring the temperature of extremely hot objects from a distance, that is, without any physical contact with the object. As per a study conducted by P&S Intelligence, in 2017, the global pyrometer market generated $542.8 million and is projected to advance at a 6.8% CAGR during the forecast period (2018–2023).

Pyrometers are of two types, namely portable and stationary; between these, the larger demand was created for stationary pyrometers during 2013–2017. The faster growth in demand is expected to be witnessed by portable pyrometers in the coming years.

Different industries that make use of pyrometers are metal processing, glass, ceramics, and others (which include heating, ventilation, and air conditioning, medical, food, and plastics). Out of these, the largest demand for pyrometers during 2013–2017 was created by the metal processing industry and the situation is expected to be the same in the coming years as well.

The reason for this is the increased usage of pyrometers in the metal processing industry as they help in optimizing the industrial processes, at temperatures as high as 3,000 degree Celsius. Moreover, in order to run metal processing operations smoothly, the industry requires multiple pyrometers.

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The segments of the pyrometer market are region, technology, industry, and type. Based on technology, the two categories are infrared and optical. In 2017, the infrared category was the larger revenue contributor of the two, with over 56.0% share.

The categories of the industry segment are metal processing, glass, ceramics, and others. During the forecast period, the metal processing category would be the largest revenue contributor in the market, due to the large number of metal producers in existence and rising automation in the metal processing industry. The metal processing industry utilizes pyrometers at a large scale to optimize the industrial processes at temperatures of up to 3,000 °C (5,432 °F).

Pyrometer Market Segmentation

Market Segmentation by Technology
  • Optical
  • Infrared
Market Segmentation by Type
  • Stationary
  • Portable

Friday, March 29, 2019

2:08 AM

Cinnamaldehyde Market Outlook, Geographical Segmentation, Industry Size & Share Forecast to 2023

The growth of the cinnamaldehyde market is mainly driven by the growing applications of cinnamaldehyde in the flavor, and fragrance industries. Homecare and personal care products witnessed a high penetration rate in emerging economies owing to the availability of better market and distribution channels, which further creates opportunities for the key players in the cinnamaldehyde market.
On the basis of source, the cinnamaldehyde market has been segmented into synthetic and natural, where the synthetic source held a larger share of the market in terms of volume in 2016. However, in the same year, natural source held the larger market share in terms of value.
Asia-Pacific held the largest share of the cinnamaldehyde market, in terms of both revenue and volume, in 2016. Cinnamaldehyde is used in the region by various industries such as homecare, personal care, food & beverages, and others. The region is home to almost 3 billion customers of homecare, and personal care industries.
Through the synthetic process, this chemical can be obtained by aldol condensation of benzaldehyde and acetaldehyde or from cinnamyl alcohol. The main derivative of cinnamaldehyde, which is mostly used commercially, includes dihydrocinnamyl, cinnamyl alcohol, and dihydrocinnamaldehyde.
North America held the second largest share of the cinnamaldehyde market in 2016. The major growth driver for the market is the presence of mature and stable personal care, and homecare markets.
 Some of the key players operating in the cinnamaldehyde industry are Mubychem Group, Lanxess AG, Payan Berthand S.A, Emerald Kalama Chemical, LLC, Jayshree Aromatics Pvt. Ltd., Kao Global Chemicals, Finoric LLC, ABI Chem, Yingcheng Wuhan Organic Materials Co., Ltd., and Haihang Industry Co. Ltd.
GLOBAL CINNAMALDEHYDE MARKET SEGMENTATION
By Source
  • Synthetic
  • Natural
By Application
  • Flavoring agent
  • Odor agent
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • The U.K.
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • Brazil
    • South Africa
    • Mexico
    • Rest of RoW

Wednesday, March 27, 2019

4:16 AM

Silane Market Overall Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report Till 2023

The silane market is projected to reach $2,047.0 million by 2023. The market is anticipated to grow on account of the increasing demand for the chemical from end users such as the automotive and construction industries. Silane is an inorganic compound with four substituent groups that are attached to the central silicon atom. In the field of chemistry, it is denoted by the formula SiH4.

Paints and coatings dominated the silane market in 2017, with more than 30.0% volume share. Silane is widely used as a raw material in the production of anti-corrosion coatings. These coatings are used in buildings, automobiles, industrial machinery, and electronics.

Silane=--==.jpg

On the basis of product, amino silane held the largest volume share, accounting for more than 25.0%, in the silane market in 2017. The chemical is used as a coupling agent, an adhesion promoter, a resin additive, and a surface modifier.
 
Globally, APAC held the largest share in the silane market during the historical period, contributing more than 50.0% share in terms of volume in 2017.

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The market in the region is expected to grow at a significant rate in the coming years, on account of the presence of fast-growing economies such as China, India, and Japan, which are generating high demand for the chemical for the manufacturing of paints and coatings, and rubber and plastics.

Some of the major players operating in the global silane market are Gelest Inc., Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, Wacker Chemie AG, Jingzhou Jianghan Fine Chemical Co. Ltd., Nanjing Shuguang Chemical Group Co. Ltd., NEOCHEMA GmbH, DowDuPont Inc., Hubei Wuda Organic Silicon New Material Co. Ltd., and SiSiB SILICONES.

GLOBAL SILANE MARKET SEGMENTATION
By Product
  • Alkyl
  • Sulfur
  • Amino
  • Vinyl
  • Epoxy
  • Methacrylate
  • Mono/Chloro
By Application
  • Paints and Coatings
  • Rubber and Plastics
  • Adhesives and Sealants
  • Fiber Treatment
  • Others (Including Electrical and Energy Products)

Tuesday, March 26, 2019

3:31 AM

Lead-Acid Battery Market Overview, Industry Top Manufactures, Market Size, Industry Growth by 2023

Valued at $56.9 billion in 2017 according to the study, the global lead-acid battery market is projected to reach $70.7 billion by 2023, registering a revenue CAGR of 3.7% during the forecast period (2018–2023). Growing use of uninterrupted power supply (UPS) systems in industrial setups, increasing demand for electric vehicles, and rapid industrialization in developing countries are some key factors aiding the growth of the domain.

Based on the construction segment, the lead-acid battery market is divided into valve regulated lead–acid (VRLA) and flooded. In the historical period 2013–2017, the flooded lead-acid battery held the larger share in the market, recording more than 51.0% unit sales. The reason for this was its cost-effectiveness for entry-level start-stop vehicles over its VRLA counterpart. Increasing application of flooded lead-acid batteries in marine applications is expected to further increase its sales volume in the coming years.

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Lead-acid battery is a rechargeable cell, which converts chemical energy into electric power. It consists of plates of lead and lead oxide that are immersed in a sulfuric acid solution. Because of the presence of the oxide component, the lead plates get oxidized, generating electric current during the discharge cycle. These batteries have diverse uses, such as in domestic inverters, motorcycles, sailboats and even off-grid power systems.


Lead Acid Battery Market


Talking about the application segment of the lead-acid battery market, it is categorized into construction, telecommunication, automotive, utilities, leisure, marine, oil and gas, uninterrupted power supply (UPS), and others which includes military and mining applications. The automotive industry dominated the market in 2017, holding the largest sales volume share (65.0%). Lead–acid batteries help automobiles in starting, lighting, and ignition, and provide power to accessories, such as air conditioners, wipers, radios, and charging plugs. The future demand for these batteries from the automobile industry is likely to rise with increasing vehicle production across the world.

Lead–acid batteries are quite cost-effective and easily rechargeable power devices, hence, play an important role in backup power generation in developing nations, such as India, Mexico, Indonesia, South Korea, Thailand, and Vietnam. Moreover, healthcare, chemicals, manufacturing, and oil and gas industries need an uninterrupted electricity supply to attain proper functioning of plants and machinery. The growing use of UPS in these sectors, coupled with regulatory support and private investments, is predicted to drive the lead-acid battery market during the forecast period.

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The market is estimated to witness the fastest growth in the Asia-Pacific region in terms of sales volume with 4.2% CAGR during the forecast period. The increasing demand for lead-acid batteries for telecommunication networks and the automotive sector is expected to contribute to the growth. Furthermore, increased use of UPSs in industrial sectors, such as chemical, oil and gas, manufacturing, and healthcare, have opened the door of opportunities for the lead-acid battery market players in the region, including Exide Technologies, Fujian Quanzhou Dahua Battery Co. Ltd., Yokohama Industries Berhad, and Hitachi Chemical Energy Technology Co. Ltd.

Thus, it is clear that the market will steadily progress, owing to the growing demand for uninterrupted power in developing countries.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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Tuesday, March 19, 2019

1:43 AM

Polyimide Films Market Report Covers Production, Consumption, Revenue, Industry Share and Growth Forecast to 2023

The growth of the polyimide films market is mainly driven by growing applications of PI films in semiconductor and electronics component manufacturing sector. Polyimide (PI) films are made of polyimide, which is polymer of imide monomer. 
On the basis of application, the polyimide films market has been segmented into FPC, specialty fabricated product, pressure sensitive tape, motor / generator and wire & cable. As per the findings of research, FPC held the largest share of the market in terms of both revenue and volume in 2016.
Asia-Pacific held the largest share of the polyimide films market in terms of both revenue and volume in 2016. In Asia-Pacific, PI films are mostly consumed in semiconductor foundries and semiconductor component manufacturing facilities located in Taiwan, China and Japan.
Polyimide Films
North America held the second largest share of the polyimide films market in 2016. Major growth drivers for the market in the region are growing usage of PI tapes in high-tech aerospace industry, growing demand of insulation tape for manufacturing body parts in automotive industry and emergence of application of PI films in medical sector.
Some of the major players operating in the PI films industry are E.I. Du Pont De Nemours and Company, Kaneka Corporation, Saint-Gobain S.A., SKCKOLONPI, Inc., Arakawa Chemicals Industries, Ltd., Taimide Tech. Inc., Yunda Electronic Materials Co., Ltd., I.S.T. Corporation, FLEXcon Company, Inc., and UBE Industries Ltd.
GLOBAL POLYIMIDE FILMS MARKET SEGMENTATION
By Application
  • Flexible Printed Circuit
  • Specialty Fabricated Product
  • Pressure Sensitive Tape
  • Motor/Generator
  • Wire & Cable
By End-User
  • Electronics
  • Automotive
  • Aerospace
  • Labelling
  • Medical
  • Mining & Drilling
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle-East and Africa
    • Saudi Arabia
    • U.A.E.
    • Qatar
    • South Africa
    • Rest of Middle East and Africa

Thursday, March 14, 2019

4:02 AM

Adhesive Tapes Market Informative Data, Trends, Challenges & Growth Drivers by 2018-2023

The historical backdrop of stickiness didn’t really begin with tape. It’s really credited to the honey bees. Or on the other hand rather, carpenters in old Egypt who utilized glue produced from natural, thick substances like resin and beeswax to hold materials together. 
Adhesive tape can be defined as a continuous flexible strip made of paper, metal foil, cloth, or plastic film coated with a thin layer of permanent glutinous adhesive on one or both sides.
According to the research report , the global adhesive tape market is projected to reach $74.9 billion by 2023. The market is expected to grow at a CAGR of 5.5% during 2018-2023. The growth in the market for adhesive tape is attributed to the expanding automotive industry, increasing demand from the healthcare industry, growth in the packaging industry and enhanced benefits of adhesive tapes as compared to the traditional ones.
Geographically, North America was the second largest adhesive tapes market in 2017, with a market share of 29.5%. The market in the region is mainly driven by a significant demand for adhesive tapes from the packaging and healthcare industries in the region. 
In addition, the North American building and construction industry is anticipated to witness significant growth during the forecast period, on account of the high priority given to infrastructural development by U.S. President Donald Trump. This is also expected to positively influence the growth of the related industries in the country.
Adhesive Tapes =-=-=-.jpeg
Adhesive tapes find wide application in the automotive industry; they are mainly used in the form of double-sided tapes, protection tapes, and foam tapes, which are easy to fix and remove.
According to the International Organization of Motor Vehicle Manufacturers (OICA), the production and market of automobiles have increased considerably in 2017, as compared to 2016, as shown in the graph below. Developments in automotive technology and introduction of new automobiles, such smart cars and aluminum trucks, are expected to drive the demand for adhesive tapes, globally, in the coming years.
3M Company, Nitto Denko Corporation, tesa SE, and LINTEC Corporation are among the leading companies in the global adhesive tape market. However, other important players in the market also enjoy considerable presence across the globe. Five out of the ten companies have presence in more than 30 countries, across the world.
Besides, majority of the companies have more than 10 manufacturing facilities for different product offerings, which enable them to effectively and efficiently meet the increasing market demand. Additionally, most of the companies have a strong employee base to provide satisfactory services to their customers around the globe.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Connect with us: LinkedIn | Twitter | Google + | Facebook

Tuesday, March 12, 2019

6:13 AM

Hot Melt Adhesives Market Sales Volume, Status, Growth, Opportunities and Global Market Share by 2023

On the basis of product, the hot melt adhesives market is categorized into ethylene vinyl acetate (EVA), styrenic block copolymer (SBC), polyurethane (PU), polyamide (PA), amorphous polyalphaolefins (APAO), metallocene polyolefins (MPO), polyester, and others. Of these, the volume sales of PU are expected witness the highest growth, with 5.9% CAGR during the forecast period, driven by high demand for hot melt adhesives from the automobile industry along with the growing construction activities worldwide.
Based on application, the hot melt adhesives market is segmented into packaging products, hygiene, furniture, footwear, textile, automobile, bookbinding, others. Among these, packaging products has been the leading category in the market, with more than 24.0% revenue contribution in 2017.
Asia-Pacific (APAC) is the fastest growing hot melt adhesives market. The market revenue in the region is expected to witness a CAGR of 6.7% during the forecast period. This is attributed to the increasing need of high-performance materials across various applications and industries such as automotive and electronics, in the region.
Hot Melt Adhesives-==-=-=-=.jpg
Due to the rising environmental concerns, companies are developing bio-based adhesives to replace the chemical-based ones. In order to enhance the sustainability efforts without compromising performance, companies are developing these bio-based hot melts.
Owing to the growing standard of living, the demand for packaged products is expected continue to remain high, which in turn will boost the market growth during the forecast period.
Some of the major players operating in the global hot melt adhesives market are Henkel & Co. KGaA, Jowat SE, Sika AG, 3M Company, Bostik Inc., Avery Dennison Corporation, H.B. Fuller Company, Arkema Group, Westlake Chemical Corporation, Beardow & Adams (Adhesives) Limited., and DowDuPont Inc.
GLOBAL HOT MELT ADHESIVES MARKET SEGMENTATION
By Product
  • Ethylene Vinyl Acetate (EVA)
  • Styrenic Block Copolymer (SBC)
  • Polyurethane (PU)
  • Polyamide (PA)
  • Amorphous Polyalphaolefins (APAO)
  • Metallocene Polyolefins (MPO)
  • Polyester
By Application
  • Coatings
  • Packaging Products
  • Hygiene
  • Furniture
  • Footwear
  • Textile
  • Automobile
  • Electronics
  • Bookbinding
  • Others
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Rest of APAC
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • Others