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dh5ryxhgbctgr · 1 month ago

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Automotive Structural Foam Inserts Market Assessment and Future Growth Opportunities 2024 - 2032

The automotive industry is continually seeking innovative solutions to enhance vehicle performance, safety, and sustainability. One such solution gaining traction is the use of structural foam inserts. This article provides a comprehensive examination of the automotive structural foam inserts market, focusing on its definition, applications, key drivers, challenges, and future trends.

Understanding Automotive Structural Foam Inserts

What are Structural Foam Inserts?

The automotive structural foam inserts market is poised for significant growth as the industry shifts towards lightweight, high-performance materials. Structural foam inserts are lightweight components made from expanded polymers that are used in various automotive applications. These inserts serve multiple purposes, including reinforcement, noise reduction, and thermal insulation. They are commonly employed in vehicle panels, dashboards, and other structural components to enhance strength and rigidity while reducing overall weight.

Types of Structural Foam Inserts

Polyurethane Foam Inserts: Known for their excellent durability and insulation properties, polyurethane foam inserts are widely used in automotive applications for both structural and acoustic purposes.

Polyethylene Foam Inserts: These inserts are lightweight and provide good shock absorption, making them suitable for applications requiring impact resistance.

Expanded Polystyrene (EPS) Inserts: EPS inserts are cost-effective and are often used for cushioning and protection in various automotive components.

Market Overview

Market Size and Growth

The automotive structural foam inserts market has experienced robust growth in recent years. The increasing demand for lightweight materials to enhance fuel efficiency and reduce emissions is a significant factor driving this growth. As automakers continue to focus on sustainability and performance, the adoption of structural foam inserts is expected to rise.

Key Market Drivers

Focus on Weight Reduction: Automakers are increasingly prioritizing weight reduction to improve fuel efficiency and reduce greenhouse gas emissions. Structural foam inserts contribute significantly to achieving these goals.

Enhanced Safety Features: The integration of structural foam inserts improves the crashworthiness of vehicles, providing better protection for occupants during accidents.

Growing Demand for Electric Vehicles (EVs): The rise of electric vehicles has spurred interest in lightweight materials that can enhance range and performance, further driving the demand for structural foam inserts.

Competitive Landscape

Major Players

The automotive structural foam inserts market features several key players, including:

BASF SE: A leading chemical company, BASF offers a range of innovative foam solutions designed for automotive applications.

3M Company: Known for its diverse product portfolio, 3M provides high-performance structural foam inserts that cater to various automotive needs.

Huntsman Corporation: Huntsman specializes in advanced materials, including polyurethane foams that enhance automotive performance and safety.

Market Challenges

Despite the positive outlook, the automotive structural foam inserts market faces several challenges:

Raw Material Cost Fluctuations: Variability in the prices of raw materials can impact production costs and, subsequently, the pricing of foam inserts.

Technical Limitations: Achieving the desired performance characteristics, such as temperature resistance and structural integrity, can be challenging for manufacturers.

Regulatory Compliance: Compliance with automotive standards and regulations regarding material safety and environmental impact can complicate product development.

Future Trends

Innovations Shaping the Market

The automotive structural foam inserts market is expected to witness several emerging trends:

Sustainability Initiatives: The automotive industry is increasingly focusing on sustainable materials. This trend is likely to drive the development of eco-friendly foam inserts made from recyclable or bio-based materials.

Advancements in Manufacturing Technologies: Innovations in manufacturing processes, such as 3D printing and automated production, will enable more efficient production of structural foam inserts, enhancing their performance and reducing costs.

Integration with Smart Technologies: The incorporation of smart technologies in vehicles is creating opportunities for structural foam inserts to play a role in enhanced performance and connectivity.

Conclusion

While challenges such as raw material costs and regulatory compliance exist, the ongoing focus on sustainability and technological advancements presents exciting opportunities for manufacturers. As automakers continue to innovate, the demand for structural foam inserts will likely grow, making it a vital component of the future automotive landscape.

#Automotive Structural Foam Inserts Market Size #Automotive Structural Foam Inserts Market Trend #Automotive Structural Foam Inserts Market Growth

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gallusrostromegalus · 1 year ago

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The Van Has Officially Declared It Spooky Season

---

I've got my parent's van for the week and it seems determined to establish my status as The Local Cryptid by terrorizing an innocent 7-11 clerk.

...I might need to back up a bit.

My mother is an eminently sensible woman who knows herself well, and when The Plauge hit, she knew she'd need some sort of mentally and physically engaging craft project to keep herself from going insane and massacring the local zoning and water management boards (even if they have it coming). So she and Dad acquired a utility van and converted it into a camper van because while they love camping, they're past the age where their joints and immune systems will tolerate sleeping on the cold ground in a nylon tent.

They did a terrific job of it and my mom taught herself woodworking and carpentry and now the van has it's own cabinets, fold-away dining table, and removable queen-sized bed with memory foam mattress. My Dad was already a computer engineer, but he learned the dark magics of automotive software and electronics to install after-market backup cameras, a media player that would take a terabyte hard drive and a solar-powered battery and outlet so they could wake up and just turn on the kettle and griddle for breakfast without having to exit the van into a cold morning on an empty stomach.

Truly, the height of Camping Luxury.

My parents are both in their mid-seventies and my primary life goal is to be at least half as cool and hale as they are when I get old.

Anyway, they take it out at least a dozen times a year and it works fabulously, but, being as I am on good terms with my parents and also finishing the process of moving house, I've been borrowing it to move large and cumbersome objects that will not fit in the back of my equally lovely but minuscule Honda hatchback.

It's a Great Van. Very easy and comfortable to drive. Stunningly good MPG for it's size. The best cruise control I've ever had in a car.

It's just also. Quirky. Mischievous, even.

---

If this van has a fault its that it bears the unfortunate affliction that all lightly used white utility vans have in that the combination of an utter lack of branding features and the large dent/scrape I accidentally put on it while trying to escape a Denny's last Thanksgiving means that this vehicle is one addition of a Badly Spray-Painted "FREE CANDY" on the side away from being the sort of vehicle you see in an edgy horror movie.

It's got the same issue that Doberman Dogs have where they look like the sort of creature that likes to snack on toddler's faces whilst actually having personalities made of marshmallow fluff. This vehicle is unnecessarily menacing and I think nothing short of an airbrushed Epic Van Wizard will correct this. People see this van pull up and lean over and squint suspiciously at me when the driver's side door opens, and then look moderately confused when, instead of Charles Manson, a small, potato-shaped creature with neon purple hair and a statistically unlikely assortment of dogs emerges.

My own two dogs, Herschel the Hanukkah Goblin/Corgi and Charleston Chew The Taco Dumpster Dog, Do Not Like The Van. Even with the bed in it, they have a tendency to slide and roll around in the back, and both WILL chew through dog saftey belts or other attempts to secure them in there.

On the other hand, my house mate's dog, an exceptionally tall standard poodle whom we lovingly call "The Creature", loves the Van because SHE wears her doggy seat-belt with only mild complaining and gets to sit up in the passenger seat like A People.

Also like A People, The Creature likes to stand and walk around on her hind legs. It doesn't hurt her and it's entirely voluntary, but every so often I will feel a hand on my arm and instead of my husband or friend, it's a canine that's taller than I am on her hind legs who wants to stare at my face with soulful, concerned eyes. The Creature's favorite thing is that she is exactly the right height for me to hold her arm in Genteel Fashion and walk around the pet food or hardware store with her like I'm a count escorting a debutante around a royal ball.

---

As it stands, I am set to inherit this vehicle whenever my Honda gives up the ghost, and I fully intend to paint an Epic Van Wizard on it when that time comes.

The other peculiarity of The Van is that while Dad did manage to successfully install all his after-market electronics, not all the electronics get along. Sometimes, they fight for Dominance. The Terabyte Music Player and the Backup Camera have a particularly contentious relationship, and turning on the music has about a 25% chance of turning on the backup camera as well, and turning on the Backup Camera is equally likely to turn on the music.

Firthermore, The Van has a favorite song.

I am not kidding that Dad filled an entire terabyte hard drive with music and the software to sort it via the radio controls, but of all the Early Boomer Dad Rock (Kingston Trio over The Eagles) and Irish Folk and Symphonies and the entire discography of Weird Al Yankovic, The Van's favorite song- The one it picks to play as victory music every time it beats the Backup Camera at their weird electronic game of rock-paper-scissors -is The Liberty Bell March by John Phillip Sousa.

You all know this song already.

...but in case you've forgotten the tune:

youtube

Yeah.

The Van's favorite song is the goddamn Monty Python's Flying Circus Theme Music.

It does not play this song at a normal volume.

Every time I turn on the Backup Camera and it manages to turn the music player on as well, The Van insists on absolutely blasting this nonsense on at the maximum volume it's physically capable of producing, which I know is loud enough to be heard from the Denver International Airport's Pickup zone when they Van decided to start playing it from the economy lot about half a mile away.

Perhaps it's The Van's way of honoring the aesthetic sensibilities and sonic enthusiasm of Mr. Sousa.

...I can't help but wonder if the purpose of an Epic Van Wizard is to control this sort of faerie-like malarkey, and channel these chaotic energies into things like Spell of Don't Break Down In Nevada or Enchantment Of Always Have Good Parking.

---

So last Friday the 13th, I get a call from my friend and housemate, at said airport.

It's roughly 11PM at night, and I have already retired for the evening. I am in the exact minimum of clothing required to be a decent housemate and not scandalize the neighbors should I happen to walk by a window. My feet are up. There is a cat in my lap and fictional British people murdering each other in highly inventive fashion on the tv. -But my friend has returned from her friend's wedding,and either American or United Airlines has managed to lose her luggage, including, among other valuable possessions, the keys to her car. ...So she cannot just drive home as originally planned.

There are, as luck would have it, her spare set of keys not eight feet from me.

Being a good and decent person, I agree to bring the spare keys to her so she may get home before daybreak and not spend a semester's worth of tuition on an uber across the greater Denver traffic jam.

Being also that she Loves Activities, and it's her mom we're going to pick up, I elect to take along The Creature.

I am primarily focused on remembering how to get to the airport and not leaving my friend's spare keys on the counter, so I throw on a pair of flip-flops, step outside, remember that it's AUTUMN and my minimal evening attire is not sufficient thermal protection, step back in, grab the first coat in the closet I lay hands on, pull it on, check that I have her keys again and leave.

The trip to the airport is largely unremarkable, save that it becomes necessary for me to put on sunglasses to drive, despite it being nearly the witching hour and almost entirely darker than the inside of a cow.

It's necessary because this blissful darkness of night is violently punctured by a startling number of cars that seem to have installed miniaturized but no less powerful lighthouse bulbs in where their headlights ought to go so the oncoming traffic and sports cars that insist on tailgating me in the slow lane alike illuminate the road and my mirrors with the kind of radiance I'd normally associate with the arrival of a Seraphim.

I arrive at the distant highly discounted airport car lot where my housemate is waiting, deeply apologetic. It's nothing. I say. Once I see that your car starts up, I'm gonna go to that 7-11 across the way that I parked in front of, get a slurpee or something and I'll see you at home.

While she is retrieving her vehicle (an equally eccentric but much more stately Subaru that is old enough to be elected to congress) I rifle through the loose change in the glove box and discover that I have exactly $6.66 in small bills and coins. The Subaru, continuing it's long voyage into vehicular immortality, immediately starts up.

Upon her return, we all remember that my friend had all her camping gear in the backseat of the car and there is no room for The Creature to ride home with her parent, so I again assure her it's nothing, and will just take The Creature into the 7-11 with me. She is trained as a service animal and needs the practice after the plague.

I wave my friend off and turn to enter the 7-11.

I promptly trip over the jutting back bumper of The Van and fall, cartoonishly, face-first onto the sidewalk.

Fortunately, I have a lot of practice falling on my face, and have learned not to throw my hands out but instead cover my face, so my unexpected self-inflicted attempted curb-stomping lightly scrapes my hairline and nothing else -my sunglasses even stay in place- and I get up and resume my quest for a slurpee.

It's well known that the airport is a lawless place, and the 7-11 across from the discounted airport parking at the stroke of midnight is no exception.

I know it's the stroke of Midnight because there's one of those Audubon society bird-call clocks that makes bird noises, and my arrival is heralded by the twittering call of a Summer Tanager. I am almost charmed enough by the unusual choice of chronological device to excuse the exorbitant Airport-adjacent mark-up of Slurpee prices. I stand at the machine for some time, trying to decide on a size for the price and guess what the fuck "Blue Lighting Blast" is supposed to taste like.

The Creature is being Very Polite but is somewhat agitated, I assume because she *just* saw her mother for the first time in three days and then she LEFT with no explanation, so The Creature is on her hind legs, staring woefully into my eyes, asking to be escorted around the 7-11. Even though that's not what she's not supposed to be doing, there's nobody else in here, so I let her hang off my arm and discuss various Slurpee Flavor options with her.

We eventually decide on an experiment in which I try a Small Blue Lightning Blast, and discover it tastes a bit like licking a nintendo cartridge but in a pleasantly satisfying way.

I go up to pay and realize something is amiss.

The Cashier is a young man staring at me with wide eyes, one had over the register and the other wrapped up in his rosary.

I look down at myself.

In my haste to reunite my friend with her spare keys and service animal, I had left the house in the following accoutrements:

Flip Flops. Not matching. It's below freezing outside. That last part is not particularly odd footwear for the weather in for Colorado, but it's an important detail for the rest of the ensemble.

Assorted scrapes, bruises, cuts and welts on my arms and legs that come with doing outdoor work and living in a house with three dogs and a fully-clawed cat that all want to be in my lap all the time. It's cold out, so vasoconstriction has pulled the blood away from my skin, a trait that served my ancestors well during the last Ice Age, but leaves me with pale skin to contrast the various wounds and I look like a corpse that fell out of the back of a pickup truck.

The black Bootyshorts with "CRYPTID" painted in bright red gothic font across my ass, that @theshitpostcalligrapher gave me for my wedding present.

A peculiar but extremely comfortable garment that straddles the line between "Lacy Camisole" and "Industrial-Strength Sports Bra" like the Ever Given straddling the Suez Canal. It is also Bright Red. with black accents.

The Jacket I had grabbed out of the closet, which is in fact, a black Velour Dinner Jacket.

The Tokyo-Ghoul inspired reusable anti-covid mask a friend made me with the set of Coyote Teeth.

My sunglasses, which are shaped like a Halloween Bat. The lenses are the wings and the body is the nose bridge. It is ALSO bright red.

A Very Large and remarkably Humanoid Poodle that I have been audibly affectionately calling "Dear Creature" who is hanging off my arm like she's my Prom Date.

The Very Large and remarkably Humanoid Poodle is ALSO dressed up in a black Dog Sweater that has white bones printed on it to look like its an X-ray jacket showing off her skeleton.

I look like I am taking my Very Fancy Werewolf Girlfriend to a particularly casual Dinner Party for Vampires, but the thing that's really selling it and probably alarming the kid the most is the fun accessory I acquired in the parking lot not five minutes earlier:

The "Small Scrape At my Hairline" is actually a painless but PROFUSELY bleeding head wound that I had somehow entirely failed to notice covering my face, neck, decolletage and magnificent cleavage with blood like a Tarantino Film Extra.

This does explain why The Creature has been delicately trying to use her bodyweight to push me down onto the floor for the last ten minutes. So I don't injure myself while we wait for the paramedics she hoped this kid called to arrive, you see.

The Creature has such a High and Naive Opinion of humanity.

I decide this social situation is already fucked, and the only way out is through, and with haste, before I start dripping on the floor.

"Hi there!" I say cheerfully, to indicate this is a visually alarming but not terribly serious situation. "Just a Small Slurpee!"

The Cashier has entered the relevant code into the register before I finish the sentence. His gaze flicks off me just long enough to look at the total, and he grips his Rosary harder.

$6.66

"Oh cool! I have exact change!" I say, taking the money out of my as-yet-unsanguined pocket without looking and slap it down on the counter. "You have a good night and be safe out there!" I wave, leaving.

I get in The Van, mortified, buckle The Creature up, and as I make to leave, I have to put it in reverse, which automatically turns on the backup Camera.

It also turns on the music player.

I make eye contact with the cashier as the dulcet tones of John Phillip Sousa boom from the van hard enough to make the windshield and the windows of the 7-11 rattle for the nine-and-a-half seconds I have to wait to be able to turn the volume back down. Not knowing what else to to, I give him a thumbs up, and leave.

Anyway, now I know what my Future Van Wizard has got to be dressed like, and what their familiar is.

---

If you enjoyed this story, please consider donating to my Ko-Fi or Pre-ordering my Family Lore Funny Stories book on Patreon

#Family Lore #Dogs #It's Halloween babey #friday the 13th #blood mention #I hope that kid had a good night and at least one of his friends believed him #Long post #Video

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tumbrl1 · 12 hours ago

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Conductive Foam Market Technology: Innovations in ESD Protection and Sustainability

The conductive foam market is undergoing significant technological advancements, driven by the increasing need for electrostatic discharge (ESD) protection, sustainability, and higher-performance materials in a variety of industries. Conductive foam, a material designed to prevent ESD, is used in applications ranging from electronics packaging to automotive and aerospace components. With the proliferation of electronics and the miniaturization of devices, the role of conductive foam is more critical than ever. This article explores the technological innovations shaping the conductive foam market, including advanced manufacturing methods, material improvements, and sustainability initiatives.

Advancements in Conductive Foam Manufacturing Techniques

Traditionally, conductive foams were made using basic materials and simple manufacturing techniques. However, as the demand for more reliable and efficient ESD protection has risen, manufacturers have turned to advanced technologies to improve the quality and versatility of conductive foams. One significant advancement in the conductive foam market is the development of advanced foam processing techniques, which enable manufacturers to control the pore structure, density, and uniformity of the foam material.

For instance, laser cutting and precision molding are increasingly being used to create foams with exact specifications. These techniques ensure that conductive foams are shaped accurately to protect electronic components during storage and transportation. The precise control over foam structure also improves the material's performance in terms of conductivity and durability. With these improvements, conductive foams can be tailored to meet the specific needs of industries such as aerospace, medical devices, and telecommunications.

Additionally, 3D printing is becoming an essential part of the conductive foam market. The ability to print customized conductive foam products on demand allows manufacturers to create complex shapes and sizes that would be difficult or impossible to achieve with traditional molding techniques. 3D printing also enables rapid prototyping, significantly reducing time to market for new products. This innovation is particularly beneficial for industries requiring specialized conductive foam solutions for unique components or configurations.

Improved Materials for Enhanced Performance

The conductivity and durability of conductive foam are crucial factors in its performance, and new material innovations are at the heart of the latest developments in the market. Historically, conductive foam was made using carbon-based additives such as carbon black or carbon fibers. However, recent advancements in materials science have led to the development of new conductive additives that improve foam performance while reducing material costs and environmental impact.

Graphene-based conductive foams are a prime example of how materials innovation is reshaping the market. Graphene is known for its exceptional conductivity, strength, and flexibility. Incorporating graphene into conductive foams enhances their electrical performance, making them even more effective at preventing ESD. These foams are also more lightweight and flexible than traditional carbon-based foams, making them ideal for applications in wearable electronics and other compact devices.

Another material innovation is the use of metal-coated fibers and conductive polymers. These materials improve the overall conductivity of foams without compromising their mechanical properties. Conductive foams made with metal-coated fibers or conductive polymers are increasingly being used in high-performance applications, including automotive electronics, telecommunications equipment, and industrial machinery.

Sustainability in Conductive Foam Production

Sustainability is an important consideration in the conductive foam market, as manufacturers seek to reduce waste and environmental impact. The production of conductive foams has historically involved chemicals and processes that could harm the environment. However, technological advancements are now enabling the creation of more sustainable conductive foams.

One of the most notable advancements is the development of biodegradable conductive foams. These foams are made using plant-based materials or other biodegradable components that break down more easily in landfills, reducing their long-term environmental impact. Biodegradable conductive foams offer a solution to the growing concern over plastic waste and are particularly attractive to industries that prioritize sustainability, such as consumer electronics and automotive manufacturing.

In addition to biodegradable foams, recycling programs are being implemented by several manufacturers to reclaim conductive foam waste and reuse it in new products. By recycling conductive foam, companies can reduce their reliance on virgin materials and contribute to a circular economy. This shift toward recycling is helping companies meet both regulatory requirements and consumer demand for eco-friendly products.

Moreover, manufacturers are also adopting green manufacturing processes to reduce energy consumption and chemical usage during foam production. Technologies such as solvent-free processing and low-energy curing techniques are becoming more common, reducing the carbon footprint of conductive foam manufacturing.

Smart Technology Integration and Data-Driven Solutions

The integration of smart technologies into conductive foam production is another emerging trend. The use of Internet of Things (IoT) sensors and data analytics allows manufacturers to monitor and control the production process in real time, ensuring optimal foam quality and consistency. By gathering data on various parameters such as temperature, pressure, and material composition, manufacturers can fine-tune the production process and predict potential issues before they arise.

Predictive maintenance is also gaining traction in the conductive foam industry. Using machine learning algorithms and data analytics, manufacturers can predict when equipment needs maintenance or replacement, minimizing downtime and improving production efficiency. This approach not only ensures that production remains uninterrupted but also helps extend the lifespan of manufacturing equipment, reducing costs and improving profitability.

Conclusion

Technology continues to play a pivotal role in the evolution of the conductive foam market. Advances in manufacturing techniques, material innovations, and sustainability initiatives are helping companies meet the growing demand for effective ESD protection, enhanced performance, and environmentally friendly solutions. As industries such as electronics, automotive, aerospace, and healthcare continue to expand, the conductive foam market is expected to grow rapidly, driven by the need for high-quality materials that offer superior conductivity, durability, and eco-conscious properties. With ongoing innovations in materials science and production technologies, the future of conductive foam looks promising, offering exciting opportunities for manufacturers and end-users alike.

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trendingrepots · 2 days ago

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Polymers Market - Forecast, 2024-2030

Global Polymers Market

Global Polymers Market size is forecast to reach around $ 997.77 billion by 2030, after growing at a CAGR of 5.4% during 2024-2030. Polymer is one of the widely used chemical products in almost all the sectors such a medical, aerospace, packaging, automotive, construction, electrical appliances, and medical sector, and consequently, the global polymers market is thriving. Polymers are used widely as a substitute of metal and mineral based products due to its high performance, cost-effectiveness, and low weight. Increase in the retail sector and prospering e-commerce industry is demanding for more packaging material that is influencing the significance of the polymers market. The major factors driving the growth of this market are the increasing demand for polymers in various end-use industries, the rising adoption of lightweight and sustainable materials, the technological innovations, and the supportive government policies and initiatives. However, some of the challenges faced by this market are the fluctuations in the raw material prices, the environmental concerns, the competition from alternative materials, and the trade barriers. Furthermore, growing demand for polymer in the electronic industry for the manufacturing of different electrical parts such as switches and sockets are driving the Polymers Market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Polymers Market – Forecast (2024-2030)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Polymers Market.

By Type: Polypropylene, Polyethylene (HDPE, LDPE, LLDPE, and Others), Polyvinyl Chloride, Polystyrene (Expanded Polystyrene (EPS) and Extruded Polystyrene (XPS)), Polyurethane (Flexible Polyurethane Foam, Rigid Polyurethane Foam, Thermoplastic polyurethane (TPU), and Others), and Others.

By Process: Injection Moulding, Extrusion, and Others.

By End-Use Industry: Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

In the Latin America region, Brazil is the major market for the Polymer owing to a rise in the purchasing power of consumers, growing consumer packaged goods market, and rise in corn, wheat, and sugarcane production and consumption across the country owing to the Bio-based plastic and polymers are gaining prominent growth.

The polymers are observed to be the better substitutes than glass, and metals that is leveraging the polymers market. The increasing demand for specialty polymers are fuelling the growth of the polymers market.

Progression in 3D printing is improving the growth aspects of polymers and plastic manufacturing. The changing preference of consumers from metal 3D printing to plastic material 3D printing is leading to substantial growth in the polymers market.

Fluctuation in international oil prices tend to force companies to search for an alternative stable source of the raw material for packaging, which further provides lucrative opportunities for the growth of Polymer industry.

Evolution of the natural and environment-friendly polymers in the packaging sector for food packaging, cosmetics packaging and pharmaceutical packaging is driving the growth.

Comparatively lower awareness about the biodegradable polymer in emerging nations like India, Thailand, South Africa and Qatar are hampering the market growth.

#Polymers Market price #Polymers Market size #Polymers Market share

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latestmarketresearchnews · 3 days ago

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Automotive NVH Materials Market 2030 - In-Depth Analysis on Size, Trends & Prominent Key Players

The global market for automotive noise, vibration, and harshness (NVH) materials was estimated at USD 9.84 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. One of the primary drivers of growth in the NVH materials market is the increased global production and use of heavy commercial vehicles across various end-use industries. These vehicles generate noise and vibrations due to both structure-borne and airborne sources, which can diminish passenger comfort and reduce vehicle longevity. Automotive NVH materials help to mitigate these issues, enhancing ride quality and overall passenger experience. This has created a strong demand for NVH materials in the automotive industry as manufacturers strive to improve the comfort and durability of their vehicles.

The focus on managing acoustic properties, vibration, and harshness in both passenger and commercial vehicles has increased among automotive manufacturers. This focus on NVH control is essential not only for enhancing passenger comfort but also for improving fuel economy and cabin sound levels, which boosts the durability of vehicle components. Changes in consumer preferences toward vehicles with better acoustic management and comfort are expected to further drive the demand for NVH materials in the automotive industry. Additionally, the increasing adoption of active noise control systems in cars, which cater to consumer demands for quieter and safer rides, along with evolving regulatory standards, are further fueling growth in the automotive NVH materials market.

The value chain in the NVH materials market includes suppliers of raw materials, manufacturers, converters, distributors, and end-users. Converters play a pivotal role, transforming raw materials into final products such as foam laminates and molded rubber components that reduce noise and vibration. Manufacturers may either sell NVH materials directly to consumers through their own brands or supply them to third-party distributors and dealers.

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

Regional Insights:

Asia Pacific Automotive NVH Materials Market Trends

Asia Pacific dominated the automotive NVH materials market in 2022, accounting for about 47% of total market revenue. Emerging economies in the region, including India, China, and Indonesia, have witnessed rapid economic growth, driven by industrialization, urbanization, and population growth. As living standards in these countries rise, the demand for enhanced ride quality, comfort, and safety in vehicles has increased. Growing disposable incomes have led to a preference for vehicles that offer better acoustic insulation and overall comfort, spurring demand for NVH materials in the region.

China

China, the world's largest automobile producer, has experienced significant urbanization and industrial growth, fueling a demand for personal vehicles. The trend of rural-to-urban migration in China, coupled with higher disposable incomes, has bolstered the demand for passenger cars, which in turn drives the demand for automotive NVH materials.

North America Automotive NVH Materials Market Trends

In North America, the automotive industry saw a production increase of about 5% over recent years. The region benefits from the presence of key domestic automotive manufacturers, which are influenced by strict fuel economy regulations. These regulations necessitate the use of NVH materials to optimize vehicle performance. North America’s abundant supply of raw materials, such as engineering plastics and rubber, further supports the growth of the NVH materials market.

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global machine tools market size was estimated at USD 97,927.5 million in 2024 and is and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global scissor lift market size was valued at USD 3.43 billion in 2024 and is expected to grow at a CAGR of 7.1% from 2025 to 2030.

Key Companies & Market Share Insights

The global NVH materials market is highly competitive due to the presence of numerous sellers and the potential for differentiation in product types and prices. Key players in the market focus on innovation and custom application development to remain competitive. Customized materials, tailored to meet specific noise and vibration reduction requirements, are becoming a key strategy for leading companies. Additionally, mergers and acquisitions are common among industry players seeking to broaden their product portfolios and enhance NVH performance, thus securing a competitive advantage.

By investing in innovative NVH solutions and pursuing strategic acquisitions, companies aim to meet evolving customer needs while addressing regulatory requirements and market demands for quieter, safer, and more comfortable vehicles.

Key Automotive NVH Materials Companies

Creative Foam Corporation

BRC Rubber & Plastics Inc.

Wolverine Advanced Materials

ElringKlinger AG

Hoosier Gasket Corporation

Industry Products Co.

Interface Performance Materials

Hematite

Plastomer Corporation

Rogers Foam Corporation

Swift Components Corp

Unique Fabricating Inc.

Avery Dennison

KKT Holding GmbH

Nicholson Sealing Technologies Ltd.

KOPP GmbH & Co. KG

Janesville Acoustics

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

#Automotive NVH Materials Market Research #Automotive NVH Materials Market Forecast

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researchreportinsight · 3 days ago

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Automotive NVH Materials Market Comprehensive Analysis and Future Estimations by 2030

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

Regional Insights:

Asia Pacific Automotive NVH Materials Market Trends

China

North America Automotive NVH Materials Market Trends

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global machine tools market size was estimated at USD 97,927.5 million in 2024 and is and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global scissor lift market size was valued at USD 3.43 billion in 2024 and is expected to grow at a CAGR of 7.1% from 2025 to 2030.

Key Companies & Market Share Insights

Key Automotive NVH Materials Companies

Creative Foam Corporation

BRC Rubber & Plastics Inc.

Wolverine Advanced Materials

ElringKlinger AG

Hoosier Gasket Corporation

Industry Products Co.

Interface Performance Materials

Hematite

Plastomer Corporation

Rogers Foam Corporation

Swift Components Corp

Unique Fabricating Inc.

Avery Dennison

KKT Holding GmbH

Nicholson Sealing Technologies Ltd.

KOPP GmbH & Co. KG

Janesville Acoustics

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#Automotive NVH Materials Market Research #Automotive NVH Materials Market Forecast

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me-amaraja · 9 days ago

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Waterjet Cutting Machines Market Insights: Regional Analysis and Market Dynamics

Waterjet Cutting Machines Market Growth Strategic Market Overview and Growth Projections

The global waterjet cutting machines market size was valued at USD 966.7 million in 2022. It is estimated to reach USD 1,340.60 million by 2031, growing at a CAGR of 3.7% during the forecast period (2023–2031).

The latest Global Waterjet Cutting Machines Market by straits research provides an in-depth analysis of the Waterjet Cutting Machines Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global Waterjet Cutting Machines Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.

Competitive Landscape

Some of the prominent key players operating in the Waterjet Cutting Machines Market are

Koninklijke Philips N.V.

Medtronic

Natus Medical Incorporated

Ambu

Cognionics

Rhythmlink International

Leonhard Lang GmbH (Acquired by DCC PLC.)

CONMED Corporation

Compumedics Limited

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The Waterjet Cutting Machines Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global Waterjet Cutting Machines Market: Segmentation

The Waterjet Cutting Machines Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.

By Type

Pure

Abrasive

By Product

3D Waterjet Cutting Machine

Robotic Waterjet Cutting Machine

Micro Waterjet Cutting Machine

By Applications

Foam Product Cutting

Exotic Metal and Non-Traditional Material Cutting

Ceramic/Stone Cutting, Glass/Metal Art

Gasket Cutting

Fiberglass Cutting

By End-User

Automotive

Electronics

Aerospace and Defense

Mining

Metal Fabrication

Others

Stay ahead of the competition with our in-depth analysis of the market trends!

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Market Highlights:

A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.

But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.

Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)

Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.

Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

What is the overall size and scope of the Waterjet Cutting Machines Market market?

What are the key trends currently influencing the market landscape?

Who are the primary competitors operating within the Waterjet Cutting Machines Market market?

What are the potential growth opportunities for companies in this market?

What are the major challenges or obstacles the market is currently facing?

What demographic segments are primarily targeted in the Waterjet Cutting Machines Market market?

What are the prevailing consumer preferences and behaviors within this market?

What are the key market segments, and how do they contribute to the overall market share?

What are the future growth projections for the Waterjet Cutting Machines Market market over the next several years?

How do regulatory and legal frameworks influence the market?

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Email: [email protected]

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

#Waterjet Cutting Machines Market Market #Waterjet Cutting Machines Market Market Share #Waterjet Cutting Machines Market Market Size #Waterjet Cutting Machines Market Market Research #Waterjet Cutting Machines Market Industry #What is Waterjet Cutting Machines Market?

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marketstudyreport · 16 days ago

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Automotive NVH Materials Industry 2030 Overview, Global Industry Size, Price, Future Analysis

The global market for automotive noise, vibration, and harshness (NVH) materials was valued at approximately USD 9.84 billion in 2022, with a projected compound annual growth rate (CAGR) of 5.6% from 2023 through 2030. The primary driver of growth in the NVH materials market is the increasing production and utilization of heavy commercial vehicles across various industries. Noise, vibration, and harshness (NVH) in vehicles, stemming from structure-borne and air-borne sources, can cause passenger discomfort and reduce the longevity of the vehicle. The use of NVH-reduction materials addresses these issues, improving ride quality and enhancing the durability of the vehicle. This has subsequently fueled demand for NVH materials in the automotive sector. Furthermore, automotive manufacturers are increasingly focused on acoustic management and NVH control for both passenger and commercial vehicles to enhance fuel economy, reduce cabin noise, and improve vehicle longevity. Changing consumer preferences towards quieter and more comfortable rides are also expected to contribute to the industry's expansion.

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

The market for aftermarket services, including replacement parts, repairs, maintenance, accessorization, and customization, has grown rapidly in recent years. As more consumers seek replacement auto parts and soundproofing options for their vehicles, the demand for NVH materials is anticipated to increase throughout the forecast period.

The growth of the NVH materials market in the automotive industry is further boosted by the introduction of active noise control systems, which cater to consumer preferences for enhanced comfort and safety. Additionally, evolving regulatory standards that emphasize noise reduction are driving the adoption of NVH materials.

The NVH materials market value chain includes raw material suppliers, manufacturers, converters, distributors, and end-users. Converters play a crucial role in the industry, transforming raw materials into final products such as foam laminates and molded rubber components. Industry participants may sell NVH materials directly to consumers under their brand names or supply them to third-party dealers.

Application Segmentation Insights:

The demand for automotive NVH materials has evolved significantly due to rising consumer awareness. Noise and friction absorption were the largest application segments in 2022, accounting for approximately 51.6% of overall revenue. As consumers place more importance on quiet, vibration-free, and comfortable riding experiences, the use of noise absorption products in the automotive industry has increased. These materials help reduce cabin noise and friction, contributing to a smoother and more enjoyable ride.

Additionally, the shift towards vehicle accessorization, including entertainment systems, has led to higher demand for noise absorption and damping materials. These solutions enhance the audio performance of entertainment systems by minimizing ambient noise. This trend is expected to drive further demand for noise absorption materials in vehicles.

China and India are projected to experience high demand for NVH materials due to growing vehicle production. Factors contributing to this trend include the rising demand for affordable passenger cars amid rapid urbanization and increasing living standards, benefits of low production costs, strong international demand, and significant domestic demand due to population growth.

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

#Automotive NVH Materials Market Analysis #Automotive NVH Materials Market Trends #Automotive NVH Materials Market Growth

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marketingreportz · 17 days ago

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Butadiene Market - Forecast(2024 - 2030)

Butadiene Market Overview

The Butadiene Market size is estimated at 12.11 million tons in 2023, and is expected to reach 15.94 million tons by 2030, growing at a CAGR of 3.71% during the forecast period (2024–2030). Butadiene is colorless and has a highly reactive nature with a monoisotopic mass of 54.046g/mol and is majorly used in petrochemical, rubber, automotive tires, latexes, coatings, gloves, and others. It is produced as a by-product from propylene and ethylene manufacturing, along with aromatic hydrocarbons, and is useful in the synthesis of cycloalkanes and cycloalkenes, through diels-alder reactions. The excellent properties such as strength, heat resistance, and high performance make it the best option for application in the automotive, electronics, construction, and medical industry Butadiene serves as a crucial component in the production of synthetic rubbers and elastomers, notably including polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), nitrile rubber (NR), and polychloroprene (Neoprene). These materials find extensive applications across various industries, with PBR and SBR prominently used in tire manufacturing, while Neoprene and nitrile rubber are favored for producing a wide range of products such as gloves, seals, gaskets, hoses, wetsuits, and foams. Additionally, styrene-butadiene (SB) latex is utilized in the production of carpet and paper coatings. Polybutadiene rubber (BR, PBR), known for its cost-effectiveness and high volume production, often serves as a substitute for natural rubber (NR). Its synthesis typically involves anionic polymerization or coordination polymerization of 1,3-butadiene in non-polar solvents, favored for its ability to tightly control molecular weight (MW) and ensure high stereoregularity, making it a preferred method in the industry.

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The report: “Butadiene Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Barium Sulphate Industry. Market.

By Production Process: Steam Cracking, Foundry Process, Oxo-D Process.

By Product: Styrene butadiene rubber, Acrylonitrile butadiene styrene, Polybutadiene rubber, Nitrile rubber, and Others

By Application: Synthetic Rubber, Thermoplastic Rubber, Latexes, Conveyor Belt, Surgical Gloves, Golf Ball, Tires, and Others

By End-Use Industry: Automotive Industry (Commercial Vehicles, Passenger Vehicles, Automotive Components, and Others), Electronics Industry (Electronic Enclosures, Home Appliances, Computer, and Others), Chemical Industry, Construction, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa).

Key Takeaway

• The growth in the automotive production and construction industry in the Asia-Pacific region will create a drive in the butadiene market, due to the high demand for butadiene-derived products such as polybutadiene rubber, synthetic rubbers, styrene-butadiene latex, and others.

• The styrene butadiene rubber holds a major share in the butadiene industry, owing to its application in high-performance tires, automotive components, belts, gaskets, and others.

• The rising awareness regarding environmental and health concerns, along with increasing prices of crude oil is estimated to create a hindrance in the growth of the butadiene market.

Butadiene Market Segment Analysis — By Production Process

The demand for synthetic rubbers, and consequently the butadiene market, is heavily influenced by the automotive industry, while its supply relies on the ethylene industry due to its essential role in the steam cracking process. Consequently, fluctuations in supply and demand in other markets exert significant impacts on the butadiene industry. Factors such as the advancement of environmentally-friendly methods for polymer emulsion production, increasing demand for water-based solvents and coatings, and the expansion of industrial sectors such as automotive and consumer durables contribute to the global market’s growth trajectory. Furthermore, the consumption is estimated to reach 1.2 million by 2025 in India. Thus, the growth and demand for butadiene derived rubber and major applications in automotive will boost the steam cracking manufacturing process segment in the forecast period.

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Butadiene Market Segment Analysis — By Product

By product, the styrene butadiene rubber segment is expected to have the largest share in the forecast period and is expected to grow at a CAGR of over 7.5%. It contains 23% styrene and 77% butadiene and is used as the primary material to make tires, shoe soles, and plastic materials. The SBR-1500 is a high molecular weight combining good extrusion and avoiding product degradation. The styrene-butadiene rubber has various applications such as automotive, consumer products, footwear, electronics, molded rubber products, and others. The automotive industry makes major use of styrene butadiene rubber due to its increasing dominance for automotive tires, belts, and other automotive components in the forecast period. China is the largest textile-producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. In February 2022, the Chinese textile export reached an all-time high of USD 24741 million.

Butadiene Market Segment Analysis — By Application

By application, the synthetic rubber segment is expected to have the largest growth share of over 48% in 2023 due to its application in the automotive industry and is expected to dominate the butadiene market size in the coming years. The butadiene is used as a major material for producing rubber and tires for various vehicles. Synthetic rubber has its application in industrial rubber, wires, belts, footwear, airplane tires, and surgical gloves. synthetic rubber segment. In the first three months of 2023, there was a positive and optimistic attitude in the Chinese market. After the Lunar New Year holidays, people began buying stocks again, leading to an increase in the prices of butadiene in China. There was a consistent demand for butadiene from industries that use it to make polymers and synthetic rubber in the Asian market.

Butadiene Market Segment Analysis- By End-Use Industry

Butadiene serves as a primary ingredient in the production of various synthetic rubbers and elastomers, including polybutadiene rubber (PBR), nitrile rubber (NR), styrene-butadiene rubber (SBR), and polychloroprene (Neoprene). These materials are integral in the manufacturing of a diverse range of goods and raw materials. Notably, in the production of acrylonitrile-butadiene-styrene (ABS) resin, which finds extensive applications in plastics manufacturing, butadiene-based rubber plays a pivotal role as a key component.

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Polybutadiene, in particular, is a commonly utilized material in tire manufacturing, with its production accounting for over 70% of tires manufactured globally. Its predominant use in tires is attributed to its effectiveness in sidewall construction, where it helps mitigate strain induced by continuous bending during operation. Consequently, the demand for butadiene in the automotive sector is projected to witness a notable increase in the foreseeable future.

By Geography — Segment Analysis

The Asia Pacific holds the largest share of around 48% in the butadiene market size, due to the major end-use industry in the region for the year 2023 and is expected to grow during the forecast period. The demand for butadiene is high in APAC nations due to rising automotive, construction, healthcare, and electronic applications. Butadiene products such as styrene butadiene rubber, polybutadiene, and others are majorly used in tires, automotive exhausts, conveyor belts, and others.The increasing demand for butadiene and its derivatives is likely to boost the growth in the market. Furthermore, China is emerging to dominate the butadiene market share owing to increased ethylene manufacturing preference in this region. Thus, the butadiene products will see a major growth owing to their rising dominance and application in various end-use industries, thereby creating a traction for the butadiene market in the forecast period. The Asia-Pacific region dominated the butadiene market. The downstream market in Asia-Pacific witnessed a huge spur in the past few years, owing to which the demand for butadiene has rapidly increased. China is one of the largest chemical manufacturing hubs in the world, with a wide range of industries. The Chinese butadiene market is expected to witness significant growth due to the presence of a large number of indigenous players.

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Drivers — Butadiene Market

An increase in Automotive productions in the forecast period is driving the demand for the Butadiene Market.

An increase in automotive production has boosted the global butadiene market. Various butadiene-derived products such as polybutadiene rubber, styrene-butadiene rubber, nitrile rubber, and others are used in automotive for production of the tires, conveyor belts, and other components. The acrylonitrile butadiene rubber resin is majorly used in automotive to reduce the weight of tires, due to the rising trend for lightweight tires and vehicle bodies. The component enhancements such as wear, rolling resistance, and traction make it a preferable option in the automotive industry. In India, there are 41 tire manufacturers and around 6,000 non-tire manufacturers producing seals, conveyor belts, and extruded and molded rubber profiles to be used in automotive, railway, defense, aerospace, and other applications.Thus, the increasing tire production and demand will create a major drive in the market and overall butadiene industry outlook.

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Rise of butadiene product derivatives for industrial and medical application

The growth of butadiene for medical applications will create a major drive in the butadiene market. The acrylonitrile butadiene styrene offers high strength, resistance, and performance, which makes it suitable for industrial, electronics, and medical uses. The growth of synthetic rubber-based gloves in pandemics has led to a major rise in demand for butadiene. The demand for acrylonitrile butadiene styrene is increasing owing to the application and demand from medical end-users such as respiratory devices, miniature implants, insulin pens, and others. For instance, STYROFAN by BASF has major applications as binders in building materials, carpet, construction, and others. Furthermore, the application of styrene-butadiene for coating applications of carpet backs, paper, and others will create a demand in the market, along with the rising usability of other derivatives in manufacturing, footwear, packaging, and other applications. Thus, the global butadiene market will see a drive owing to the various industrial and medical applications of the butadiene product in the forecast period.

Challenges — Recycled Polyethylene Terephthalate Market

Increasing health concerns and safety threats can create challenges to butadiene production

The butadiene has various applications in personal care, healthcare, and automotive. The rising health concerns regarding the exposure and carcinogenic presence can become a hindrance. According to Environmental Protection Agency (EPA), the 1,3 butadiene is cited as a carcinogenic substance. Prolonged exposure can create issues such as headache, dizziness, leukemia, and cardiovascular problems. Thus, it will lead to a decrease in production and consumption of the butadiene, thereby creating a major challenge for the butadiene market due to health safety and halted production Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies that are adopted by the dominant players in the market. Butadiene top 10 companies include:

1. Royal Dutch Shell Plc.

2. TPC Group Inc

3. BASF SE

4. ExxonMobil Chemical Company

5. Braskem

6. ENI S.p.a

7. LyondellBasell

8. Linde Group

9. LG Chem

10. Haldia Petrochemicals

Developments:

In In July 2022, Sinopec and INEOS Group announced agreements to collaborate on three joint ventures aimed at expanding the production of petrochemicals to help meet rising demand in China’s market. INEOS acquired 50% of Sinopec subsidiary SECCO Petrochemical Co. Ltd. ( which produces butadiene). INEOS and Sinopec will form a new 50–50 joint venture to focus on increasing China’s production capacity of acrylonitrile butadiene styrene (ABS) by up to 1.2 million tons per year (tpy) via the construction of two new 300,000-tpy ABS plants.

In June 2022, BASF extended its series of Licity anode binders for Li-ion battery manufacturing. The second-generation styrene-butadiene rubber (SBR) binder Licity 2698 X F facilitates the use of silicon contents exceeding 20%. The product also offers higher capacity, an increased number of charge/discharge cycles, and reduced charging times.

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#Butadiene #PolymerChemistry #SyntheticRubber #ChemicalIndustry #IndustrialChemicals

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reedintelligence01 · 20 days ago

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chemicalresearchnews · 20 days ago

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Thermo Compression Forming Market is Projected to Reach $13.37 billion by 2029

The report "Thermo Compression Forming Market by Foam Type (Thermoplastic Foam, Needle-Punch Nonwovens, Light Weight Glass Mat Thermoplastic), End-use Industry (Automotive, Aerospace, Construction, Medical, Electrical & Electronics) - Global Forecast to 2029", is projected to reach a market size of USD 13.37 billion by 2029 from USD 11.00 billion in 2024, at a CAGR of 4.0%. North America is the one of the largest markets for compression molded components. The demand for foams used in thermo compression forming is experiencing significant growth across various industries, including automotive, construction, medical, aerospace, electronic & electronics, and more. Emerging nations such as US, Canada, Germany, UK, China and Mexico are expected to play a crucial role in driving the global thermo compression forming market forward.

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Thermoplastic Foams by type segment dominate the market by highest share of the thermo compression forming market during the forecasted period.

Thermoplastic Foams are dominating because of their balanced mechanical qualities and excellent performance-to-cost ratios. These foams have many beneficial applications because of their unique properties, low density and high strength-to-weight ratio. Because of their flexibility and durability, they can be employed in a variety of industries, including the automotive, construction, and medical sectors. Additionally, thermoplastic foams are extensively employed, especially for high performance and cost effectiveness, due to their lower cost as compared to needle-punch nonwovens and lightweight glass mat thermoplastic.

With ongoing technological advancements and innovations in thermoplastic foams, coupled with expanding applications in emerging industries, the segment is expected to experience robust growth in the forecast period.

Automotive by end-use industry segment dominate the market by one of the highest share of the thermo compression forming market during the forecasted period.

The thermo compression forming market is benefitting from the increase in the car production as car makers seek lighter materials in order to improve fuel economy and meet legislated CO2 emission values. Thermo compression forming enables the creation of lightweight and high strength materials such aluminium carbon fibre reinforced plastics and glass fibre reinforced plastics which are crucial in cutting down the overall weight of vehicles. In addition, the new trend on electric vehicles (EVs) requires the utilization of durable, thermally stable, and lightweight material, and thermo compression forming becomes pivotal to form parts such as battery enclosures and exterior panels.

North America region is likely to be the fastest growing thermo compression forming market during the forecast period.

Rapid industrialization and urbanization in the North America region are driving demand across various sectors including automotive, Aerospace, construction, and medical industry. With expanding manufacturing activities in countries like US, Canada, and Mexico there's a rising need for compression molded components for various applications. Moreover, ongoing infrastructural development projects, particularly in Canada and Mexico, are boosting demand in the construction sector for lightweight and durable comonents such as roofing panels and door frames. Advancements in thermo compression forming techniques tailored to diverse industrial needs are poised to further stimulate market growth in the region.

Key Players

FLEXTECH (US), Janco, Inc. (US), Formed Solutions (US), Core Molding Technologies (US), UFP Technologies Inc. (US), Ray Products Company Inc. (US), Engineered Plastic Products Inc. (US), Present Advanced Composites Inc. (US), and Tooling Tech Group (US) are the key players in the global thermo compression forming market.

#thermocompressionformingmarket #thermocompressionforming #thermocompressionformingindustry #compressionforming #thermocompression

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harshnews · 21 days ago

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Cenospheres Market Size, Share, Trends, Growth and Competitive Analysis

"Global Cenospheres Market – Industry Trends and Forecast to 2031

Global Cenospheres Market, By Type (Grey Cenospheres and White Cenospheres), Material (Silica, Alumina, Hematite, Calcium Oxide, Rutile, Periclase, Phosphoric Acid, Iron Oxide, Titania, and Others), Form (Ball, Powder, and Others), Distribution Channel (E-Commerce, Third Party Distributors, B2B, and Others), End Users (Oil and Gas, Construction, Automotive, Refractory, Paints and Coatings, Aerospace, Syntactic Foams, Specialty Cements, Building Material, and Others) - Industry Trends and Forecast to 2031.

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**Segments**

- **Type**: The cenospheres market can be segmented based on type into grey cenospheres and white cenospheres. Grey cenospheres are generally derived from ash produced in coal-fired power plants, while white cenospheres are usually obtained from silica-rich volcanic ash.

- **Application**: In terms of application, the market can be segmented into construction, oil & gas, automotive, aerospace, and others. Cenospheres are extensively used in the construction sector for lightweight concrete applications due to their high strength-to-weight ratio and thermal insulation properties.

- **End-Use Industry**: The end-use industry segment includes sectors such as paints & coatings, plastics, refractory, and others. Cenospheres find applications in the production of lightweight paints, insulating materials, and as fillers in plastic composites due to their low density and high thermal stability.

**Market Players**

- **Qingdao Eastchem Inc.**: Qingdao Eastchem Inc. is a key player in the global cenospheres market, offering a wide range of cenosphere products for various industrial applications. The company focuses on product quality and innovation to cater to the growing demand for cenospheres.

- **Reslab Microfiller**: Reslab Microfiller is another prominent player in the market, known for its high-quality white cenospheres used in the construction and automotive industries. The company emphasizes sustainable practices in cenosphere production to meet eco-friendly standards.

- **Envirospheres**: Envirospheres is a leading supplier of grey cenospheres for oil & gas applications, providing lightweight and chemically inert materials for drilling fluids and cementing operations. The company's focus on technological advancements sets it apart in the competitive cenospheres market.

The global cenospheres market is witnessing significant growth driven by the increasing demand for lightweight materials in various industries. With the rise in construction activities and the adoption of cenospheres in oil & gas exploration, the market is expectedThe global cenospheres market is experiencing a surge in demand attributed to the escalating need for lightweight materials across multiple industries. Cenospheres, with their advantageous properties such as high strength-to-weight ratio, excellent thermal insulation, and chemical inertness, have found diverse applications, including construction, oil & gas, automotive, aerospace, paints & coatings, plastics, and refractory sectors. In the construction industry, cenospheres are extensively used in lightweight concrete applications to enhance strength and reduce overall weight, thereby improving the efficiency of structures. Additionally, cenospheres are employed in the oil & gas industry for drilling fluids and cementing operations due to their lightweight nature and chemical stability, contributing to enhanced operational performance.

The market players in the cenospheres industry play a crucial role in driving innovation, ensuring product quality, and meeting the evolving demands of various end-use industries. Companies like Qingdao Eastchem Inc., Reslab Microfiller, and Envirospheres are at the forefront of supplying high-quality cenosphere products tailored to specific industrial requirements. Qingdao Eastchem Inc. stands out for its comprehensive range of cenosphere products designed for diverse applications, reflecting a commitment to quality and innovation. On the other hand, Reslab Microfiller is renowned for its premium white cenospheres utilized in construction and automotive sectors, prioritizing sustainable production practices to align with environmental standards. Envirospheres specializes in providing grey cenospheres for oil & gas applications, offering lightweight and chemically inert materials that are crucial for drilling operations and cementing processes, setting a benchmark for technological advancements in the competitive market landscape.

The global cenospheres market is poised for continued growth as industries increasingly recognize the benefits of incorporating these microspheres into their products and processes. The market is driven by a combination of factors, including the growing emphasis on sustainable practices, the demand for lightweight materials, and the ongoing technological advancements in cenosphere production. As companies focus on expanding their product portfolios, enhancing operational efficiencies, and**Global Cenospheres Market**

- **Type (Grey Cenospheres and White Cenospheres)** - **Material (Silica, Alumina, Hematite, Calcium Oxide, Rutile, Periclase, Phosphoric Acid, Iron Oxide, Titania, and Others)** - **Form (Ball, Powder, and Others)** - **Distribution Channel (E-Commerce, Third Party Distributors, B2B, and Others)** - **End Users (Oil and Gas, Construction, Automotive, Refractory, Paints and Coatings, Aerospace, Syntactic Foams, Specialty Cements, Building Material, and Others)**

The global cenospheres market is witnessing robust growth attributed to the expanding utilization of lightweight materials across diverse industries such as construction, oil & gas, automotive, and aerospace. Grey cenospheres, derived from coal-fired power plant ash, and white cenospheres obtained from volcanic ash, are key segments driving market dynamics. These segments offer unique properties that cater to different industrial applications. Cenospheres are widely adopted in the construction sector for their high strength-to-weight ratio and thermal insulation characteristics, enhancing the efficiency of lightweight concrete structures. In the oil & gas industry, cenospheres play a vital role in drilling fluids and cementing operations due to their lightweight and chemically inert nature, contributing to improved operational performance and sustainability.

Qingdao Eastchem Inc., Reslab Microfill

Major Points Covered in TOC:

Cenospheres Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Cenospheres Market portions by application, study goals, and years considered.

Cenospheres Market Landscape: Here, the opposition in the Worldwide Cenospheres Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.

Cenospheres Profiles of Manufacturers: Here, driving players of the worldwide Cenospheres Market are considered dependent on deals region, key items, net edge, income, cost, and creation.

Cenospheres Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Cenospheres Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.

Cenospheres Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Cenospheres Market.

Cenospheres Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.

Keyword: Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.

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credenceresearchdotblog · 1 month ago

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The Polyols and Polyurethane Market is projected to grow from USD 18393 million in 2024 to an estimated USD 28227.48 million by 2032, with a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032.The polyols and polyurethane market is a rapidly growing segment of the global chemicals industry, with widespread applications across industries such as construction, automotive, furniture, and footwear. Polyurethane, a versatile polymer formed from the reaction of polyols with diisocyanates, offers a unique combination of flexibility, durability, and chemical resistance. Its wide-ranging utility, coupled with the increasing emphasis on sustainable materials, is driving growth in the market.

Browse the full report at https://www.credenceresearch.com/report/polyols-and-polyurethane-market

Understanding Polyols and Polyurethane

Polyols are key raw materials in the production of polyurethanes. They can be classified into two main types:

1. Polyether polyols: These are produced by polymerizing ethylene or propylene oxides with initiators such as glycerin. They are widely used in flexible foam applications. 2. Polyester polyols: Derived from esters, these polyols are typically used in the production of rigid foams and elastomers, offering higher mechanical strength and thermal stability.

Polyurethane itself is produced by the reaction between polyols and diisocyanates. It can be formed into flexible foams, rigid foams, elastomers, coatings, adhesives, and sealants, among other forms. Due to its versatility, polyurethane is a crucial component in the construction, automotive, electronics, and packaging industries.

Market Dynamics

The global polyols and polyurethane market has experienced substantial growth over the past decade. Several factors contribute to this expansion:

1. Rising Demand in Construction: Polyurethane is widely used in the construction industry, particularly in insulation materials. Its lightweight properties and superior thermal insulation contribute to energy efficiency, driving its demand in green buildings and energy-saving projects.

2. Automotive Applications: Polyurethane's lightweight and durable nature makes it ideal for automotive applications, including seating, interiors, and insulation. The automotive industry's growing focus on reducing vehicle weight to improve fuel efficiency has bolstered the demand for polyurethane components.

3. Sustainability Concerns: With growing awareness of environmental sustainability, there is an increasing shift towards bio-based polyols. These are derived from renewable resources such as vegetable oils, and their use in the production of polyurethane aligns with global sustainability goals. Companies are investing in developing eco-friendly, low-VOC (volatile organic compounds) polyurethanes, further driving market growth.

4. Advancements in Technology: Innovations in polyurethane production, such as the development of high-performance foams and coatings, are contributing to its widespread adoption across industries. New formulations offering improved fire resistance, chemical stability, and enhanced durability are creating new opportunities for market expansion.

Challenges Facing the Market

Despite the strong growth prospects, the polyols and polyurethane market faces several challenges. One of the major issues is the **fluctuating prices of raw materials**. Polyurethane production relies heavily on petrochemical derivatives like diisocyanates and polyols, whose prices are linked to crude oil. Volatile oil prices can lead to uncertainty and cost pressures for manufacturers.

Additionally, environmental concerns related to the disposal of polyurethane products, especially foams, are pushing the industry to innovate in the area of recyclability and waste reduction. Many traditional polyurethane products are not easily recyclable, which has led to increased research in biodegradable alternatives or more efficient recycling processes.

Future Outlook

The future of the polyols and polyurethane market looks promising, with increasing demand for energy-efficient materials and lightweight products across industries. The shift towards bio-based polyols and the development of **recyclable polyurethane products** will shape the industry's future, aligning with global sustainability goals.

Key Player Analysis:

BASF

Bayer

Covestro

DIC Corporation

Dow

Evonik

Huntsman

INEOS

LyondellBasell

Mitsubishi Chemical

Mitsui Chemicals

Momentive Performance Materials

Sumitomo Chemical

Toray Industries

Wanhua Chemical

Segmentation:

By Product

Polyether Polyols

Polyester Polyols

By Application

Flexible Foams

Rigid Foams

Coatings

Adhesives and Sealants

Elastomers

By End-User Industry

Furniture and Interiors

Construction

Electronics

Automotive

Footwear

Packaging

Industrial Insulation

Others

By Manufacturing Process

Batch Process

Continuous Process

Other Processes

By Region

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Browse the full report at https://www.credenceresearch.com/report/polyols-and-polyurethane-market

About Us:

Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: [email protected]

Website: www.credenceresearch.com

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surbhijamdade · 1 month ago

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Global Polymethacrylimide Foam Market Overview : Size, Share, and Future Trends Forecast

Global Polymethacrylimide Foam Market Industry ,Trends & Analysis

The Polymethacrylimide Foam Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.

According to Straits Research, the global Polymethacrylimide Foam Market market size was valued at USD 54.2 million in 2023. It is projected to reach from USD 56.8 million in 2024 to USD 83.3 million by 2032, growing at a CAGR of 4.9% during the forecast period (2024–2032).

Request a Sample Report Today @ https://straitsresearch.com/report/polymethacrylimide-foam-market/request-sample

Global Polymethacrylimide Foam Market Segmental Analysis

As a result of the Polymethacrylimide Foam market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Type

Standard Type

Fire Proof

Radio-Proof

By Application

Wind Energy

Aerospace and Defense

Automotive and Transportation

Sports Goods

Others

You can check In-depth Segmentation from here @ https://straitsresearch.com/report/polymethacrylimide-foam-market/toc

Why Invest in this Report?

Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.

Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.

Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.

Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.

Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.

Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.

List of Top Leading Players of the Polymethacrylimide Foam Market -

Evonik Industries AG

DIAB Group

SABIC

BASF SE

3A Composites

Solvay

Zotefoams PLC

Baoding Meiwo Science & Technology Development Co., Ltd.

Cashem Advanced Materials Hi-Tech Co., Ltd.

Jiaxing Sky Composites Co., Ltd.

Reasons to Purchase This Report:

Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.

Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.

Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.

Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.

Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.

Regional Analysis Polymethacrylimide Foam Market

The regional analysis section of the report offers a thorough examination of the global Polymethacrylimide Foam market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Polymethacrylimide Foam market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

To Understand How Covid-19 Impact Is Covered in This Report @ https://straitsresearch.com/buy-now/polymethacrylimide-foam-market

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Address: 825 3rd Avenue, New York, NY, USA, 10022

Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

#Polymethacrylimide Foam Market #Polymethacrylimide Foam Market Share #Polymethacrylimide Foam Market Size #Polymethacrylimide Foam Market Research #Polymethacrylimide Foam Industry #What is Polymethacrylimide Foam?

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industrynewsupdates · 1 month ago

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Aerogel Market Size, Trends, Statistics and Analysis Report, 2030

The global aerogel market size was estimated at USD 1.04 billion in 2022 and is expected to register a growth of 16.3% over the forecast period.

In terms of properties, it offers superior thermal resistance, lightweight, very low density, fire-resistance, and excellent thermal insulation wherein it is widely used across varied applications. In accordance with the properties, aerogels are manufactured in several forms such as blankets, particles, panels, and monolith.

Aerogels can be molded into thin films or monoliths and used in thermal insulation, acoustic, thin-film coatings, vibration damping, or any place where structural foam is required in case of automotive purposes. The automotive industry is shifting from internal combustion engines (ICEs) to fully electric and automatic moving machines earlier the companies focused on one of the specified parameters in a vehicle, including efficiency, comfort, performance, or safety however, with the help of aerogels all these requirements can be clubbed together in a vehicle, thus, making them an ideal raw material for automotive use.

The U.S. holds a strong dominance in the market owing to the increased awareness among manufacturers regarding the benefits of aerogels as compared to other insulating materials. The key players are constantly working on research and development for improving the products with support from the government for funding the research. With the well-established aerospace, marine, automobiles, building and construction, performance coating, oil and natural gas industry in the U.S., the use of aerogels for these applications prevails in high volume.

Gather more insights about the market drivers, restrains and growth of the Aerogel Market

Detailed Segmentation:

Product Insights

Silica segment led the market and accounted for more than 66% share of the global revenue in 2022. Silica aerogels have attracted increased traction worldwide owing to their efficient chemical properties and their existing and potential applications in a wide variety of technological areas. These gels are nanostructured materials, with high specific surface areas, increased porosity, low density, reduced dielectric constant, and excellent heat insulation properties.

The demand for polymer aerogels is anticipated to witness the fastest growth worldwide during the forecast period owing to their higher chemical and physical benefits compared with silica aerogels. Polymer aerogels are used in defense applications, electronic substrates, building and construction applications, vehicle interiors, and antennas. Polymer when developed in a monolithic form, are mechanically robust and thus, tend to drop a few advantages provided by silica including transparency and low thermal conductivity.

Technology Insights

Supercritical drying segment led the market and accounted for more than 72.8% share of the global revenue in 2022 since it enables preservation of their three-dimensional pore structures. This leads to unique properties such as high porosity, low density, and large surface area of aerogels. Supercritical drying is defined as the extraction of solvents from pores of aerogels using supercritical fluids, is a popular method for drying wet gels.

The process of supercritical drying is important for scaling up laboratory drying units to pilot and industrial scales and assessing the production economics of aerogels on an industrial scale. High-temperature supercritical drying using organic solvents is also the best way to minimize shrinkage, allowing for supercritical drying to have a density lower than carbon dioxide.

Form Insights

Blanket aerogels segment led the market and accounted for USD 696.7 million of the global revenue in 2022 as they offer thermal insulation in buildings as well as apparel owing to their well-suited properties required in insulation such as high-breathability, water repellency, low-dusting & low-powdering, and light diffusion. The presence of such characteristics is expected to boost the demand for blanket aerogel market.

Particle aerogel segment is anticipated to witness substantial growth over the forecast period owing to its efficient chemical and physical properties over blankets aerogels. These products have a variety of applications in defense, electronic substrates, building and construction, transport interiors, and antennas.

End-use Insights

In 2022 oil & gas end-use segment exhibited to be the largest market which accounted for more than 62% of the global revenue. Aerogel blankets are mostly used to improve the insulation of deep-sea pipes and oil & gas pipelines to reduce the production cost, improve pipeline compression resistance, and reduce the amount of steel used in construction. Moreover, hydrophobicity, mechanical strength, and exceptional thermal performance is further expected to fuel the application industry growth over the forecast period.

Regional Insights

North America dominated the market and accounted for a 45.2% share of global revenue in 2022 owing to increasing demand from end-use industries including aerospace, building & construction, automotive, and oil & gas. The market in North America exhibits a huge growth potential in terms of application development, quality, and product innovation for the aerogel market, whereas the demand is driven by its superior insulation and low thermal conductivity properties.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• The global fast curing Nitrile Butadiene Rubber (NBR) market size was valued at USD 757.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2030.

• The global aerosol actuators market size was valued at USD 1.31 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030.

Key Companies & Market Share Insights

The market is moderately competitive in nature owing to the presence of a few manufacturers with strong networks across the globe. It is highly influenced by North America and the Middle East and Africa due to the presence of companies with huge investing power for continuous development. Aerogels will remain high in demand across the globe due to their chemical and physical benefits.

The high switching cost of buyers is a prominent factor contributing to the high bargaining power of the suppliers. The less number of players with their strong foothold along with their ability to provide cost-effective use of aerogels is another major factor contributing to the high supplier power.

Some prominent players in the global aerogel market include:

• Aspen Aerogels, Inc.

• Cabot Corporation

• Aerogel Technologies, LLC

• Active Aerogels, LDA

• BASF SE

• JIOS Aerogel Corporation

• Nano Technology Co., Ltd.

• Dow, Inc.

• Enersens

Aerogel Market Segmentation

Grand View Research has segmented the global aerogel market report based on product, form, technology, end-use, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

• Silica

• Polymers

• Carbon

• Others

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Supercritical Drying

• Others

• Form Outlook (Revenue, USD Million, 2018 - 2030)

• Blanket

• Particle

• Panel

• Monolith

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Oil & Gas

• Building & Construction

• Automotive, Aerospace & Marine

• Performance Coatings

• Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

• Europe

o Germany

o U.K.

• Asia Pacific

o China

o Japan

• Central & South America

o Brazil

• Middle East & Africa

Order a free sample PDF of the Aerogel Market Intelligence Study, published by Grand View Research.

#Aerogel Market #Aerogel Market size #Aerogel Market share #Aerogel Market analysis #Aerogel Industry

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communicationblogs · 2 months ago

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Foam Tape Market — Forecast(2024–2030)

Foam Tape market size is forecast to reach $18.6 billion by 2030, after growing at a CAGR of 6.3% during the forecast period from 2024–2030.

The prime driver for the growth of foam tape market is increasing usage of foam tape in various industries including transportations, electrical and electronics, and building and construction; increased demand from developing nations of APAC region especially in China and India; and wide applications of acrylic based foam tapes. The report covers Foam Tape Market size by type and Technology, Foam Tape Market share by top 5 companies and also the market share by start-ups during the forecast period.

Foam tape serves as a versatile solution for sealing and bonding requirements across diverse industries, thanks to its exceptional dampening, cushioning, and gasketing properties. It provides effective protection against solvents, ultraviolet rays, and moisture. Additionally, double-coated foam tapes, featuring adhesive on both sides, are employed for mounting applications.

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For years, adhesive tape has been a staple in packaging and labeling. Yet, as environmental concerns mount, traditional plastic tapes face scrutiny for their ecological impact. In response, eco-conscious adhesive tape has emerged as a viable alternative, gaining momentum in the packaging sector. Crafted from renewable sources or recycled materials, these tapes offer a sustainable solution.

They can be easily recycled or biodegraded post-use, presenting a host of advantages, from shrinking carbon footprints to curbing plastic waste. Embracing these eco-tapes allows businesses to showcase their dedication to environmental stewardship while meeting consumer demand for eco-friendly packaging. Among the most favored variants is biodegradable tape, fashioned from plant-derived elements like cornstarch, bamboo, or hemp. These tapes boast compostable properties, aligning with eco-goals, and perform comparably to traditional plastic counterparts.

Type of Adhesives — Segment Analysis

Acrylic segment held the largest share in the foam tape market in 2023 due to huge internal strength and good flexibility reducing peeling stress. eco-friendly concept, shock absorption capability, and good anti-aging properties, good anti-vibration properties, long-term holding power, excellent resistance to moistures & solvents, and excellent conformity are some of the factors driving the demand of acrylic foam tape market.

Inquiry Before Buying

Product Type — Segment Analysis

Double sided foam tapes segment held the largest share in the foam tape market in 2023. Double sided foam tapes are more preferable over single sided due to its excellent properties including high-strength, long-term adhesion for both indoor and outdoor applications, design gap compensation, and excellent dampening properties.

End Use Industry — Segment Analysis

Transportation sector has been the primary market for foam tape market with market share of more than 37% in 2023. Growing automotive vehicle demand especially in APAC region is expected to drive the foam tape demand in automotive sector.

China is APAC’s largest consumer of foam tapes due to widening applications in automotive and building & construction. China has the largest automotive industry in the world and one of the largest civilian aircraft markets. According to OICA, China held 33 percent share in global passenger cars sales in 2022. India also has excellent potential for automotive industry growth in the future. The country’s automotive industry produces 25.9 million vehicles in April 2022-March 2023, which is 3 million more than the previous period. With more than 283 million vehicles registered in the U.S., which is 19% of the total vehicles in the world, there will be tremendous demand for foam tapes in the automotive application.

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Geography — Segment Analysis

APAC dominated the foam tapes market with a share of more than 40% in 2023, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in the aviation and automotive industries. According to OICA, automotive production in Malaysia, Indonesia and India witnessed a growth of 48%, 31% and 24% respectively in 2022, with South East Asian countries having huge potential to grow.

Foam Tape Market Drivers

Increasing penetration of foam tapes in various industries including automotive, building & construction, and electrical & electronics

Automotive is the major end use industries where foam tapes are using for numerous applications including sound dampening, insulating, gasketing, cushioning/padding, and sealing. Thus, the growth in automotive sector is expected to fuel the demand of foam tapes in coming years. Further, building & construction and electrical & electronic industry offers good growth potential for foam tapes. APAC region is the major market for automotive, building & construction, and electrical & electronics industries; which growing with above average growth and offers plenty of opportunity for foam tape market.

About IndustryARC™: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

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