#Ethylene Vinyl Acetate Resins Market
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Ethylene Vinyl Acetate Resins Market
Ethylene Vinyl Acetate (EVA) Resins Market Size, Share, Trends: ExxonMobil Corporation Leads
Growing Adoption of EVA Resins in Photovoltaic Module Encapsulation Drives Market Growth
Market Overview:
The global Ethylene Vinyl Acetate (EVA) Resins market is expected to develop at a 5.8% CAGR between 2024 and 2031, reaching USD YY billion by 2031. Asia-Pacific dominates the market, with YY% of the worldwide share. Key metrics include expanding demand in the packaging and solar industries, increased usage in automotive applications, and a greater emphasis on sustainable EVA formulations.
The EVA resins market is growing steadily due to its versatile features and wide range of applications. Factors such as the thriving packaging industry, rising solar energy installations, and the transition to lightweight materials in automobile manufacture are driving market growth. The industry is experiencing a boom in R&D activity to improve EVA characteristics and explore new application areas.
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Market Trends:
The EVA resins market is showing a notable trend of rising adoption in photovoltaic module encapsulation. The global push for renewable energy sources, as well as the rapid growth of the solar power industry, are driving this transition. EVA resins serve an important function in protecting solar cells from environmental damage and increasing their efficiency. Major EVA manufacturers are spending in R&D to create specialised grades that are more UV resistant and durable for solar applications. Collaborations between EVA producers and solar panel manufacturers are also on the rise, with the goal of optimising encapsulant compositions for next-generation photovoltaic technology.
Market Segmentation:
The film application segment dominates the EVA resins market, accounting for over YY% of the global market share. EVA films have exceptional clarity, flexibility, and barrier qualities, making them ideal for a variety of applications including food packaging, greenhouse films, and solar panel encapsulation. This segment's dominance is due to rising demand for flexible packaging solutions and increased use of EVA films in agricultural applications.
Recent advances in EVA film manufacturing have resulted in the creation of high-performance grades with superior characteristics. For example, a major EVA producer recently introduced a new grade of EVA film with increased puncture resistance and thermal stability, specifically suited for demanding packaging applications. This invention has helped the corporation gain a larger market share in the premium packaging area.
Market Key Players:
ExxonMobil Corporation
DuPont de Nemours, Inc.
LyondellBasell Industries N.V.
Celanese Corporation
Hanwha Solutions Corporation
Formosa Plastics Corporation
Contact Us:
Name: Hari Krishna
Email us: [email protected]
Website: https://aurorawaveintellects.com/
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Acetyls Market its Future Outlook and Trends
Acetyls are a group of organic chemicals that are extensively used in numerous industrial applications. They are derived from acetic acid. Acetyls have a wide range of properties that make them suitable for use in various industries, such as pharmaceuticals, food & beverages, and oil & gas.
Forms of Acetyls
One of the most common forms of acetyls is acetic acid, it is extensively used in cosmetic products, as a solvent in inorganic and organic compounds, and in the production of plastics. The requirement for acetic acid has significantly increased due to the increasing production of monochloroacetic acid, vinyl acetate monomer, butyl acetate, terephthalic acid, and ethyl acetate.
Moreover, acetic acid is also used in the production of coatings, sealants, polyesters, and greases, all of which have numerous applications in the automotive, packaging, and electronics industries.
Another form of acetyls is acetic anhydride. Acetic anhydride is adopted in numerous industrial applications, such as the production of cellulose acetate, an extensively used plastic. It is also used in the production of aspirin, drugs, perfumes, and explosives.
Vinyl acetate is also a form of acetyls and it is a significant industrial monomer that is implemented to produce copolymers and homopolymers with numerous applications.
Vinyl acetate is also used to produce numerous polymers, for instance, ethylene-vinyl acetate, polyvinyl alcohol, ethylene-vinyl alcohol, acetate ethylene, and polyvinyl acetate, due to its thermal conductivity, fiber-forming ability, colorlessness, optical clarity, and high adhesiveness.
Uses of Acetyls in the Food & Beverages Industry
As the number of packaged food industries increased, acetyls are widely used in the food & beverages industry as a shelf-life enhancer and artificial flavoring agent in various food products. This is because of the increasing living standards, mounting consumer base in emerging nations, and growing necessity for polyester bottles and containers.
Preservation of food with acetic acid benefits in preserving canned goods. Various products comprise this vital ingredient due to its capability to prevent bacteria growth. Acetic acid is regularly added to pickled products, salad dressings, cheeses, and sauces.
Uses of Acetic Acid Usage in Producing Purified Terephthalic Acid and Ester Solvents
Acetic acid is the main raw material used in the production of purified terephthalic acid and ester solvents. Purified terephthalic acid is itself mainly adopted as a raw material in the production of polyester filament yarns and polyester staple fibers, in combination with monoethylene glycol.
Another main application of purified terephthalic acid is in the production of polyester films and polyethylene terephthalate bottle resin, which are adopted in food & beverage and textiles containers. Adopting purified terephthalic acid provides economic advantages over the other dimethyl terephthalate intermediate.
To summarize, acetyls are a highly versatile group of chemicals that are broadly adopted in a variety of industrial applications. Acetyls have several properties that make them ideal for use in various industries, such as pharmaceuticals and food & beverages. With their wide range of applications, acetyls will continue to play a vital role in the chemical industry for many years to come.
Due to the increasing requirement for drugs, mounting research and development expenses, and favorable rules by the government for the pharma sector, the demand for acetyls is continuously rising, and it is expected to reach USD 43,337.36 million by the end of this decade.
#Acetyls Market Share#Acetyls Market Size#Acetyls Market Growth#Acetyls Market Applications#Acetyls Market Trends
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Pressure Sensitive Adhesives Market-Industry Forecast, 2024–2030.
Pressure Sensitive Adhesives Market Overview
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The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.
Impact of Covid-19
The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.
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Report Coverage
The: “Pressure Sensitive Adhesives Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.
By Formulation: Water-based, Solvent-based, Hot Melt, Others
By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others
By Application: Tapes, Labels, Graphics, and Others
By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, 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)
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Key Takeaways
Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia.
Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.
Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.
Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.
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Pressure Sensitive Adhesives Market Segment Analysis- By Resin Type
Acrylic resin held the largest share in the pressure sensitive adhesives market in 2020. Acrylic PSAs are widely employed in a variety of applications due to the saturated nature of the polymer and its subsequent oxidation resistance. Also, the acrylic PSAs have good physical properties in general for a wide range of long-term exterior applications. Owing to its attractive properties such as non-flammable, easy to handle, low level of contamination, little tendency to migrate, good resistance to sunlight, oxygen and heat, and offer adhesion, cohesion and tack, the demand for acrylic resins is anticipated to rise. With the increasing demand for acrylic resin, the market for pressure sensitive adhesives will also increase, which will further drive the market growth in the forecast period.
Pressure Sensitive Adhesives Market Segment Analysis- By Application
Tapes held the largest share in the pressure sensitive adhesives market in 2020. Rising demand for tapes owing to its low cost and ease of use when compared to traditional methods is estimated to uplift the growth of the market. Due to the advantageous properties of pressure sensitive adhesives tapes such as reduced assembly time, vibration dampening and noise reduction eliminates the need for surface refinishing, and others has raised the demand for these tapes in various end use industries. Moreover, pressure sensitive adhesive tapes do not require the use of a water, solvent, or heat to activate. The amount of pressure used to apply the adhesive to the surface has a direct impact on the bond. Rising demand for polypropylene tapes owing to its flexibility and strength, and good low temperature characteristics will further drive the market growth. Thus, rising demand and production for pressure sensitive adhesives tapes is estimated to drive the pressure sensitive adhesives market growth over the forecast period.
Pressure Sensitive Adhesives Market Segment Analysis- By End Use Industry
The packaging sector held the largest share in the pressure sensitive adhesives market in 2020 and is projected to grow at a CAGR of 6% during the forecast period 2021–2026. There are two types of packaging namely flexible and rigid, pressure sensitive adhesives (PSAs) are used in these packaging depending on the application’s suitability. These adhesives are used in the packaging of electronics and electrical devices, hygiene and medical packaging, drug delivery packaging, construction sector transit packaging, automotive-related logistics packaging, and consumer and industrial goods packaging, among others. Furthermore, the increasing use of packaging tapes such as polypropylene tapes in a variety of applications including packaging transport, cartons, goods, warehousing, and logistics is estimated to uplift the market growth. PSAs are used in packaging sectors to improve consumer appeal through graphics. Therefore, the pressure sensitive adhesives market is estimated to see an upsurge over the forecast period with the growing packaging industry.
Pressure Sensitive Adhesives Market Segment Analysis– By Geography
The Asia Pacific region held the largest share of more than 39% in the pressure sensitive adhesives market in 2020. Globally, the region’s growth in the market is mainly due to strong economic growth and heavy investments in the packaging, construction, automotive, and electronic industries. Also, the rising adoption of various resins such as polyisobutene, silicone polymers, and elastomers in emerging economies has uplifted the market growth. APAC is increasing in importance as a worldwide trade and business hub. The market for pressure sensitive adhesives is expected to rise as government investments in many medical and electronic projects increase in countries such as China, India, Japan, and South Korea. The Union Cabinet authorized the production-linked incentive (PLI) plan in ten critical industries (including electronics and white products) on November 11, 2020, in order to strengthen India’s manufacturing capabilities, increase exports, and promote the “Atmanirbhar Bharat” program as per the India Brand Equity Foundation. Thus, such initiatives taken by the government for new projects will raise the demand for pressure sensitive adhesives market in the forecast period.
Pressure Sensitive Adhesives Market Drivers
Increasing Demand for Bio-based Pressure Sensitive Adhesives
Plant-derived resources are used as a raw material in bio-based PSAs. The biomass content of a bio-based material used in an adhesive product is expressed as a percentage (dry weight basis). Also, the bio-based PSAs are considered “carbon neutral” because their plant-derived raw materials absorb the same amount of CO2 during production as they emit when incinerated at the end of product life. Additionally, there is no overall increase in greenhouse gases that can cause global warming, resulting in significantly lower CO2 emissions when compared to traditional, purely petroleum-based formulations. Furthermore, most of the raw materials used for conventional PSAs are derived from fossil fuels, which are limited in supply. Bio-based PSAs can help reduce the demand for petroleum sources by replacing them with renewable plant-based materials. Thus, due to the above mentioned factors the demand for bio-based PSAs is predicted to rise, which would further drive the growth of the pressure sensitive adhesives in the projected period.
Rising Demand from the Electronics Industry will Lead Towards the Growth of the Market
For shock absorption, thermal and electrical conductivity, electromagnetic shielding, and optical characteristics, among other factors, pressure-sensitive adhesives (PSA) are increasingly being utilized in the electronics industry. Because of its high transparency, weather resilience, heat resistance, and adhesion strength, acrylic and synthetic rubber PSA composed of hydrogenated hydrocarbon resin is widely used in the display, mobile phones, and automotive applications. PSA also provides higher processability than liquid-type adhesives since it can stick to three-dimensional substrates without the need for a hardening process. With the development of new innovative products the market for pressure sensitive adhesives is estimated to rise. For instance, in 2020 DELO has developed adhesives that has similar properties to (double-sided) adhesive tapes but is applied in liquid form and that can be extensively used in the electronic applications such as smartphone speakers or display frames. Growing demand of pressure sensitive adhesives in the electronics industry is therefore expected to drive market growth during the forecast era.
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Pressure Sensitive Adhesives Market Challenges
Low Adhesive Strength will Hamper the Market Growth
The main challenges faced by the pressure sensitive adhesives (PSAs) are that the adhesive strength (shear and peel) is low and that it is generally sensitive to high temperatures and solvents. As a result, most pressure sensitive adhesives are unsuitable for high strength or structural applications. They are frequently used with substrates that are relatively weak, such as paper or film. Pressure sensitive adhesives are also unsuitable for rough surfaces and are relatively costly in terms of cost per bond area. Thus, due to the above mentioned properties the market growth for pressure sensitive adhesives (PSAs) is estimated to face challenges in the upcoming years.
Pressure Sensitive Adhesives Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the pressure sensitive adhesives market. Major players in the pressure sensitive adhesives market are Henkel AG & Company KGAA, Arkema Group, The Dow Chemical Company, H.B. Fuller, Avery Dennison Corporation, Sika AG, 3M Company, Scapa Group, and Ashland Inc., among others.
Acquisitions/Technology Launches
In May 2021, with the planned acquisition of Edge Adhesives Texas, a complementary asset in pressure sensitive adhesives and hot-melt adhesive tapes for residential construction, Arkema Group increased its Bostik offering of high performance adhesives in the United States.
Key Market Players:
The Top 5 companies in the Pressure Sensitive Adhesives Market are:
Henkel AG & Co., KGaA.
Arkema Group
Dow Chemical Company
H.B. Fuller
Sika AG
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Greenhouse Film Market Trends and Growth Forecast for 2024
Greenhouse Film Market Growth Strategic Market Overview and Growth Projections
The global greenhouse film market size was valued at USD 5.7 billion in 2022 and is projected to reach USD 8.6 billion by 2031, registering a CAGR of 4.8% during the forecast period (2023-2031).
The latest Global Greenhouse Film Market by straits research provides an in-depth analysis of the Greenhouse Film 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 Greenhouse Film 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 Greenhouse Film Market are
Dupont
SOLVAY
DAIKIN
Dow
Halocarbon LLC
Freudenberg SE
The Chemours Company
Metalubgroup
M&I Materials Limited
Nye Lubricants Inc.
Lubrilog
ECCO Gleittechnik GmbH
HUSK-ITT Corporation
Central Chemie GmbH
IKV Tribology Ltd.
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The Greenhouse Film 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 Greenhouse Film Market: Segmentation
The Greenhouse Film 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 Resin Type
Low-Density Polyethylene (LDPE)
Linear Low-Density Polyethylene (LLDPE)
Ethylene Vinyl Acetate (EVA)
Others
By Thickness
80<200 Microns
200 Microns
>200 Microns
By Functionality
Diffused GHF
Photo-selective GHF
Anti-dirt GHF
Others
By Application
Fruits
Vegetables
Flowers and Ornamentals
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 Greenhouse Film Market market?
What are the key trends currently influencing the market landscape?
Who are the primary competitors operating within the Greenhouse Film 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 Greenhouse Film 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 Greenhouse Film 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.
Contact Us
Email: [email protected]
Tel: UK: +44 203 695 0070, USA: +1 646 905 0080
#Greenhouse Film Market Market#Greenhouse Film Market Market Share#Greenhouse Film Market Market Size#Greenhouse Film Market Market Research#Greenhouse Film Market Industry#What is Greenhouse Film Market?
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Global Low VOC Adhesives Market Overview : Size, Share, and Future Trends Forecast
Global Low VOC Adhesives Market Industry ,Trends & Analysis
The Low VOC Adhesives 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 Low VOC Adhesives Market market size was valued at USD 51.96 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 87.71 Billion by 2031, growing at a CAGR of 5.99% during the forecast period (2023–2031).
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Global Low VOC Adhesives Market Segmental Analysis
As a result of the Low VOC Adhesives market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Technology
Water-Based
Hot Melt
Pressure Sensitive
Reactive
By Resin
Polyvinyl Acetate
Acrylic
Polyurethane
Ethylene-Vinyl Acetate
Epoxy
Styrenic Block Copolymer
Others
By End-User
Paper and Packaging
Building and Construction
Furniture
Automotive and Transportation
Leather and Footwear
Consumer and DIY
Medical Devices
Others
You can check In-depth Segmentation from here @ https://straitsresearch.com/report/low-voc-adhesives-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 Low VOC Adhesives Market -
3M
Henkel
Sika
H.B. Fuller
Arkema (Bostik)
Dow
Mapei
Chemence
Infinity Bond
Parker LORD
PPG Industries
Beacon Adhesives
Dymax
Huntsman International
Ashland
Delo
DuPont
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 Low VOC Adhesives Market
The regional analysis section of the report offers a thorough examination of the global Low VOC Adhesives 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 Low VOC Adhesives 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.
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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.
Contact Us
Email: [email protected]
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: UK: +44 203 695 0070, USA: +1 646 905 0080
#Low VOC Adhesives Market#Low VOC Adhesives Market Share#Low VOC Adhesives Market Size#Low VOC Adhesives Market Research#Low VOC Adhesives Industry#What is Low VOC Adhesives?
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The Importance of EVA Off-Grade polymer in Developing High-Performance Footwear and Apparel
The use of EVA (Ethylene Vinyl Acetate) Off grade in the apparel and footwear industries has significantly increased recently because to its toughness, affordability, and environmental friendliness. A specific type of off-grade polymer known as EVA Off grade polymer allows manufacturers to create high-performing products while reducing waste and promoting sustainability.
As one of the leading suppliers of off-grade plastic materials in the United Arab Emirates, Polymer in Stock is a leader in offering high-quality off-grade products that promote ecologically friendly production methods.
The Facts That Make EVA Off Grade Ideal for Clothes and Footwear
Because of a few benefits, EVA Off Grade, which is derived from the off-grade plastic resin market, is perfect for making shoes and clothing.
Lightweight and comfortable:
Because EVA is known for being lightweight, it's a wonderful material to utilize for sandals, jogging shoes, and sports equipment. EVA Off grade ensures better performance and comfort in shoe design by maintaining these lightweight characteristics.
Durable and Adaptable:
Clothes and footwear materials need to be strong and flexible. EVA Off grade excels in these situations because it offers flexibility without compromising strength. This ensures that products maintain their strength and form even after extensive use.
Shock Absorption:
Eva Off grade's superior shock-absorbing characteristics make them the ideal option for high-performance footwear, particularly for outdoor and sports activities. Even after extended usage, the material lessens impact, giving the user comfort and protection.
Water-Resistant:
Since EVA Off grade is water-resistant, it's perfect for outdoor clothing and shoes. Its water resistance helps keep moisture out, which is ideal for things that are intended to be used in all weather conditions.
Economical Substitute for Virgin Polymers:
Manufacturers can save money on production expenses without affecting the quality or durability of their items when they employ EVA Off grade instead of virgin plastic materials. Polymer in Stock ensures that the EVA Off grade products meet performance and quality requirements set by the industry as an Off Grade Polymer Material Supplier.
Environmentally Friendly Production and EVA Off grade
Sustainability is a crucial consideration in product development in today's environmentally conscious world. EVA Off grade significantly lowers the carbon footprint of producers because it is a recycled plastic row material. It reduces waste throughout the production process and offers a second shot at life to plastic materials that may otherwise end up in landfills.
Using EVA off-grade polymers, promotes recycling and material reuse, which advances the circular economy. As a UAE based supplier of off-grade plastic material, Polymer in Stock helps businesses acquire these environmentally beneficial materials, ensuring that there is as little negative impact on the environment as possible without compromising product quality.
Choosing the Right EVA Off grade Polymer Supplier
It is essential to find trustworthy and high-quality suppliers of off-grade plastic resin. At Polymer in Stock, we provide a large assortment of low-grade plastic materials to meet your specific industrial needs. Our EVA Off grade materials are put through rigorous quality inspections to ensure that they meet the highest standards for durability and functionality.
In brief
For the creation of high-performing, ecologically conscious apparel and footwear, EVA Off grade is a need. Because of its benefits for sustainability and stress absorption, EVA Off grade is an excellent choice for manufacturers looking to make durable, reasonably priced products. It is our pleasure at Polymer in Stock to be your go-to supplier for EVA off-grade polymers and plastic materials that satisfy environmental regulations as well as your manufacturing needs.
If you're looking for a reliable Off Grade Plastic Material Supplier in UAE, Polymer in Stock is your go-to company for high-quality off-grade polymers.
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Hot Melt Adhesives 2021 Industry Analysis, Company Profiles And Industrial Overview Research Report | Forecast 2028
Hot Melt Adhesives Industry Overview
The global hot melt adhesives market size was valued at USD 7.37 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028.
Increasing usage of hot glue adhesives in the packaging industry for various applications such as sealing of boxes and cartons for food and general consumer packaging is propelling the market growth. Hot melt adhesives (HMAs) offer adhesion to a wide variety of materials and surfaces, such as fabric, papers, ceramic, metal, cardboard, and plastics, which makes them suitable for DIY applications. Although DIY is leading in developed economies such as North America and Europe, it is a relatively new concept. The DIY applications include craft, general goods packaging, and wood working.
Gather more insights about the market drivers, restrains and growth of the Hot Melt Adhesives Market
The U.S. is a prominent manufacturer and consumer of hot melt adhesives. The product demand increased drastically on account of the lockdown that occurred due to the COVID-19 outbreak. The shutdown led to the growth of e-commerce product delivery services, which augmented both production and consumption activities as hot melt adhesives are widely used in the packaging of parcel boxes.
However, the manufacturing companies faced a shortage in supply of raw materials, such as additives, polymers, and resins, as there was a hike in prices owing to the disruptions caused by the pandemic. The impact of the pandemic was not limited to the raw material side but had an adverse effect on the end-use industries.
Increasing demand for bio-based hot melt adhesives in the U.S. owing to their sustainability is driving the market. For instance, Jowat, a company engaged in manufacturing adhesives, has introduced products made from renewable raw materials, which has received certification from the United States Department of Agriculture (USDA), particularly for the North American market.
Growing construction activities and renovation of the existing buildings are propelling the demand for hot melt adhesives owing to their multiple applications, including the installation of floors, carpets, ceramic tiles, and glasses. The usage of HMA increases the aesthetic appearance of the floor compared to staples and nails.
Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.
The global water cut monitors market size was estimated at USD 247.5 million in 2023 and growing at a CAGR of 5.1% from 2024 to 2030.
The global tensiometer market size was estimated at USD 148.5 million in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2030.
Segments Covered in the Report
This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global hot melt adhesives market report on the basis of product, application, and region:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
Ethylene-vinyl Acetate (EVA)
Polyurethane
Rubber
Polyolefin
Others
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
Packaging
Assembly
Woodworking
Automotive
Nonwovens
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Colombia
Argentina
Middle East & Africa
GCC
Key Companies & Market Share Insights
The major companies operating in the market are primarily focusing on regional expansion, mergers & acquisitions, and high profit-margin segments. For instance, in September 2021, Meridian Adhesives Group, a leading manufacturer and formulator of water-based and hot-melt adhesives and coatings, had acquired Prime Blend LLC.
In addition, in October 2020, Pidilite Industries Ltd. had acquired Huntsman Group’sIndian subsidiary Huntsman Advanced Materials Solutions Private Limited (HAMSPL) worth USD 257 million (rupees 2,100 crores) with an aim to expand its product offering for do-it-yourself (DIY) consumer adhesives business. This enables the company to leverage the market growth. Some prominent players in the global hot melt adhesives market include:
Henkel AG & Co. KGaA
H.B. Fuller Company
Dow
Sika AG
Jowat SE
Arkema Group
Ashland
3M
Avery Dennison Corporation
Beardow Adams
Order a free sample PDF of the Hot Melt Adhesives Market Study, published by Grand View Research.
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Water-Based Adhesive Specialty Tapes Market – Global Industry Analysis, Size, Share, Growth & Forecast (2022-2028)
Water-Based glue specialty tapes otherwise called water-borne cement is a sort of cement that is made from solvent engineered or regular polymers. They are developed by combining water, polymers, and additives and can be made from natural or man-made materials. They work well on substrates that are porous or not. These glues might be planned as arrangements and are actuated as the water vanishes or is consumed by the substrate. Likewise, they are used in various applications, including paper and bundling, tapes, and names, building and development, and car and transportation, due to their adaptability and fast setting time. Additionally, the healthcare sector makes extensive use of specialty adhesive tapes that are based on water. It is specifically used to cover wounds and incisions in waterproof and surgical tapes. These tapes have antigenic properties, and they grasp onto the skin, gauze, or dressing material.
Due to the variety of essential qualities it possesses, including durability, adaptability, and affordability, the Water-Based Adhesive Specialty Tapes Market is anticipated to expand at a steady rate of approximately 6%. Significant organizations in the market offer water-based cement specialty tapes for buyers inside the auto business for productive, solid assembling processes and tastefully satisfying, sturdy securities. For instance, Bostik SA introduced Aquagrip 3720, a water-based adhesive for interior assembly applications in automobiles, in August 2020.
Access a sample report, which includes figures, graphs, and charts: The market is segmented into acrylic polymer emulsion (APE), polyvinyl acetate (PVA) emulsion, polyurethane dispersion (PUD), vinyl acetate-ethylene (VAE), and styrene-butadiene (sb) latex based on the type of resin. The PVA emulsion classification is to witness higher CAGR before long as it creates clear, hard movies that have great climate opposition and can areas of strength for endure against natural powers, water, oil, oil, and petrol energizes. In addition, PVA emulsions are inexpensive, have a high initial tack, a bond line that is almost invisible, soften at 30–45 °C, and are resistant to biodegradation. Additionally, because of their ease of use and superior adhesion, polyvinyl acetate (PVA) emulsions are frequently utilized as paper and woodwork adhesives. After being repackaged into smaller containers, it is even utilized as an adhesive or glue for household use.
Automotive, electrical and electronics, construction, healthcare, logistics, and electric vehicles are the application-based segments of the market. The medical services classification is to observe critical development during the figure time frame. With the rising rate of ongoing and intense illnesses, wounds, consumes, and other medical problems, the medical care area is developing. It can be used to cover wounds and incisions in waterproof and surgical tapes, among other applications. These tapes also hold tightly to the skin, bandage, or dressing material and have antigenic properties. As a result, the market for water-based adhesive specialty tapes is anticipated to expand in the coming years as a result of a rise in demand for medical products, technological advancements, and increased investment in the healthcare sector.
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For a superior comprehension of the market reception of the water-based glue specialty tapes industry, the market is broke down in light of its overall presence in the nations like North America (U.S., Canada, Rest of North America), Europe (Germany, The Unified Realm, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. During the forecast period, it is anticipated that Asia-Pacific will expand at a substantial CAGR. Because of the popularity for conventional injury care items, for example, dry dressings, emergency treatment packs, and cement gauzes in the district. The region's market is also expanding due to the expanding automotive, healthcare, and electrical and electronics industries, as well as economic expansion and rising disposable income. The market's major players are also contributing to its expansion. For example, in November 2020, Pidilite Ventures, an Indian cements fabricating organization procured Huntsman Enterprise to add serious areas of strength for extremely to the market. In addition, the government is investing in the sector and contributing to its growth. For instance, the size of the Indian healthcare industry is anticipated to reach $372 billion by 2022, according to the National Institution for Transforming India (NITI) Aayog.
A portion of the key part working in the market incorporate 3M Organization, Nitto Denko Enterprise, Tesa SE, LINTEC Enterprise, Shurtape Innovations LLC, Lohmann GmbH and Co. KG, Intertape Polymer Gathering Inc., Ashland Worldwide Possessions Inc., Henkel AG and Co. KGaA, H.B. Fuller Organization.
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Acetic Acid Market Forecast: Insights into Future Growth
Overview
Acetic Acid Market size is expected to be worth around USD 35.2 billion by 2032 from USD 21.8 billion in 2022, growing at a CAGR of 4.90% during the forecast period from 2022 to 2032.
The high-purity acetic acid market is set to grow significantly due to its crucial role as a foundational element in the production of various chemicals and utilities across multiple industries. This includes plastics, rubber, inks, and textiles, where acetic acid serves as an essential building block.
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The anticipated growth in end-use industries such as plastics, textiles, and chemicals is expected to drive demand for acetic acid in the forecast year. Additionally, the shift from PET bottles to glass bottles for alcoholic beverages is projected to boost the demand for terephthalic acid, positively impacting the acetic acid market.
The presence of multinational companies and their continuous expansion efforts and joint ventures further support market growth. The product's designation as "food grade" when used according to good manufacturing practices and compliance with the Food Chemical Code emphasizes its safety for food applications, enhancing its appeal in the food industry.
The global acetic acid market is highly competitive, with numerous multinational companies engaged in extensive research and development activities. These companies often pursue expansion, collaboration, and joint venture initiatives to gain a competitive edge. As a result, the competitive landscape is expected to remain intense throughout the forecast period. The increasing demand for food and food safety also contributes to the anticipated growth of acetic acid products.
Key Market Segments
Based on Application
Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Ester Solvents
Acetic Anhydride
Others
Based on End-User
Food and beverages
Paints and coating
Plastics & Polymers
Pharmaceutical
Chemicals
Others
Application Analysis:
In 2022, the vinyl acetate monomer application segment held a 44.5% market share due to rising demand for printed goods, paints, coatings, and paper coatings. Acetic anhydride, used in photographic films, cigarette filters, and pharmaceuticals, held the second largest market share at 19%.
End-User Analysis:
The food and beverage segment leads the market, driven by acetic acid's use in manufacturing plastic bottles, serving as a cleaning agent, and being a key ingredient in vinegar for cooking and pickling.
Market Key Players
Eastman Chemical Company
Celanese Corporation
LyondellBasell Industries Holding B.V.
SABIC
HELM AG
Airedale Chemical Company Limited
Indian Oil Corporation Ltd
Gujarat Narmada Valley Fertilizers & Chemicals Limited
Pentokey Organic
Ashok Alco Chem Limited
DAICEL CORPORATION
The Dow Chemical Product
DubiChem
INEOS
Other Key Players
Driving Factors:
The increasing demand for vinyl acetate monomer (VAM) is boosting the acetic acid market. VAM is essential in producing resins and polymers for coatings, adhesives, films, paints, and textiles. Its application as a barrier resin in PET bottles and its ability to adhere to various substrates support market growth.
Restraining Factors:
The harmful effects of acetic acid, including its corrosiveness to skin and eyes and potential internal damage if ingested or inhaled, pose significant safety concerns. Growing consumer awareness of these risks may reduce chemical adoption, limiting market expansion.
Opportunities:
Technological advancements in developing polymers and products using VAM as a raw material are driving demand. Innovations in the production of ethylene vinyl alcohol (EVOH) for food packaging and other applications present significant growth opportunities.
Challenges:
The mature nature of the VAM market, with its fluctuating consumption patterns, poses a challenge to sustained growth. Any decline in VAM usage can hinder the acetic acid market, acting as a barrier to continuous expansion.
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Pressure Sensitive Adhesives Market Overview
Pressure Sensitive Adhesives Market size is forecast to reach US$ 9.5 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. Globally, the rising demand for pressure-sensitive adhesives (PSA) owing to its thin, flexible material with single or double-sided coating in various end-use industries such as packaging, automotive, and electronics is estimated to drive the market growth. The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞
Impact of Covid-19
The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.
Report Coverage
The: “Pressure Sensitive Adhesives Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.
By Formulation: Water-based, Solvent-based, Hot Melt, Others
By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others
By Application: Tapes, Labels, Graphics, and Others
By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, 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
Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia.
Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.
Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.
Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.
#Pressure Sensitive Adhesives market price#Pressure Sensitive Adhesives market size#Pressure Sensitive Adhesives market share
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Vinyl Acetate Monomer Market Report: Trends, Analysis, and Projections
Vinyl Acetate Monomer (VAM) is a key chemical intermediate used in the production of various polymers and resins, offering versatility in applications across industries. This blog explores the dynamics of the global VAM market, analyzing key drivers, applications, emerging trends, and future growth prospects.
Understanding the VAM Market:
Vinyl Acetate Monomer (VAM) Is an organic compound produced by the reaction of acetylene and acetic acid. It serves as a crucial building block in the synthesis of polyvinyl acetate (PVAc), ethylene-vinyl acetate (EVA) copolymers, and other vinyl acetate-based polymers and resins.
Market Dynamics:
Polymer Production: VAM is primarily used in the production of PVAc, a versatile polymer used in adhesives, paints, coatings, textiles, and packaging materials due to its adhesive properties, flexibility, and film-forming capabilities.
Adhesives and Sealants: PVAc-based adhesives and sealants find applications in woodworking, paper packaging, construction, and consumer goods industries, offering strong bonding, versatility, and ease of use.
Coatings and Emulsions: VAM-based polymers are used in paints, coatings, and emulsions for architectural, automotive, and industrial coatings, providing adhesion, durability, and weather resistance properties.
Textile and Nonwoven Applications: VAM polymers are utilized in textile finishes, nonwoven binders, and fiber treatments, enhancing fabric properties such as softness, water repellency, and strength.
Applications Across Industries:
Adhesives: Woodworking, paper packaging, construction.
Coatings: Paints, architectural coatings, industrial coatings.
Textiles: Finishes, nonwoven binders, fiber treatments.
Packaging: PVAc films, adhesives for flexible packaging.
Market Trends:
Green and Sustainable Solutions: Increasing demand for eco-friendly adhesives, coatings, and polymers drives the development of bio-based VAM and sustainable formulations using recycled materials, aligning with environmental regulations and market preferences.
High-Performance Applications: Innovations in VAM-based copolymers such as EVA copolymers and VAM-acrylic copolymers cater to specialized applications in automotive, electronics, and medical sectors requiring enhanced properties such as heat resistance, flexibility, and chemical resistance.
Technological Advancements: Advances in VAM production processes, catalyst technologies, and polymerization techniques improve efficiency, product quality, and cost-effectiveness, driving market competitiveness.
Future Prospects:
The global VAM market is poised for significant growth, driven by the expanding demand for polymers, adhesives, coatings, and specialty materials across industries. Investments in R&D, sustainability initiatives, and market diversification strategies will shape the market's evolution and unlock new opportunities for stakeholders.
Conclusion:
Vinyl Acetate Monomer (VAM) plays a vital role in the production of polymers, adhesives, coatings, and specialty materials essential for diverse industries. Understanding market trends, technological advancements, and sustainability imperatives is crucial for stakeholders in the VAM market to leverage growth opportunities and address evolving industry needs effectively. With a focus on innovation, sustainability, and customized solutions, the VAM market presents promising prospects for continued growth and development in the global chemical and materials industry landscape.
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The Global Solar Encapsulation Market was valued at USD 5.28 Billion in 2023 and is estimated to reach USD 9.86 Billion by 2033, growing at a CAGR of 6.9 % from 2024 to 2033.
A process where solar cell strings are encapsulated between 2 sheets of encapsulated foil is known as Solar Encapsulation. The main purpose of encapsulation is generally to increase the life of PV installation. For encapsulation, the material has features like flame retardance and corrosion resistance. Materials such as Ethylene Vinyl Acetate, UV Curable resin, and Non-Ethylene Vinyl Acetate are mainly used to laminate solar cells which protect them from vibration and shocks. The use of encapsulation is expanding in various industries such as the building and automotive sectors. Solar Encapsulation has gained enormous popularity in recent years due to its ability of efficiency, durability, good performance, and cost-effectiveness of PV modules. Encapsulation ensures the safe operation of solar PV modules resulting in low maintenance.
The worldwide adoption of solar panels and increasing demand for electricity are becoming the primary factors in driving the market growth.
Economic Impact of Covid-19:
The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It also focuses on the post-pandemic and pre-pan\demic era of the Global Solar Encapsulation Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs. Innovations by market players and an increasing number of products will propel the growth of this market.
Trends: Increasing demand for sustainability solutions for the environment is boosting the market.
For reducing carbon footprint there is high demand for environmentally sustainable solutions. A drastic shift toward renewable energy sources is seen due to the depletion of conventional energy and growing concerns about the environment, this creates a demand for solar encapsulation in the forecast years. Moreover, rising awareness of the benefits of renewable sources and their properties such as mechanical resistance, and good insulation are expected to drive the growth of the solar encapsulation market in the coming years.
Moreover, rising awareness of reducing carbon footprint, technological advancement, rapid urbanization, and increasing solar applications for power generation are propelling the Solar encapsulation market to growth.
Key Players:
First Solar
Mitsubishi Chemical Corporation
3M
STR Holdings Inc.
Dow
Dupont
RenewSys India Pvt. Ltd
Jinko Solar
Q CELLS
SunPower Corporation
The Solaria Corporation
Elkem ASA
Wacker Chemie AG
Lucent Clean Energy
Novogenio SI
Hangzhou First PV Material Co. Ltd
DNP Solar
Trosifol
Others
Know More- https://nexbindinsight.com/energy-and-power/global-solar-encapsulation-market-by-type-technology-application-and
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Global Rotomoulding Powder Market
Global Rotomoulding Powder Market Size, Trends & Growth Opportunity, By Type, By End User, By Region and Forecast till 2027
Global Rotomoulding Powder Market
Rotomoulding also called as rotational molding refers to a process which is used in the manufacturing of plastic moulds without the application of pressure as compared to other moulding process. The main difference between rotomoulding and other method is that the plastic/ resin powder is used to produce moulds. The rotomoulding powder melts in the mould that is rotated in biaxial direction.
The growing demand for lightweight vehicles in the automotive industry is a key driving factor which expected to boost the global rotomoulding powder market growth over the forecast period. Furthermore, the increase in demand for rotomoulding powder from furniture and home interior industry due to the rise in use of rotomoulding powder in the manufacture of furniture components and interiors will positively influence the market growth. Also, the rise in travel and tourism owing to improved consumer spending in water adventure events and the growing use of recreational boats is projected to drive the demand for rotomoulding powder market in near future. Moreover, the growing demand for hollow plastic products including playground equipment, storage tanks, and containers is expected to support the market growth.
Fluctuations in the raw material prices and stringent rules and regulations regarding plastic production may hinder the global rotomoulding powder market growth during this forecast time period.
Market Segmentation
The Global Rotomoulding Powder Market is segmented into type such as Nylon, Polycarbonate, Elastomers, Plastisol, Ethylene Vinyl Acetate, Polyurethane, Polyvinyl Chloride, and Polypropylene. Further, market is segmented into application such as Furniture, Marine, Automotive, Infrastructure, Storage Tanks, Underground Chambers, Material Handling, Toys, and Rotolining.
Also, the Global Rotomoulding Powder Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Market Key Players
Various key players are discussed in this report such as SABIC, Broadway Colours Ltd., GreenAge Industries, Exxon Mobil Corporation, CP Powders Sdn Bhd, Matrix Polymers Limited, LyondellBasell Industries N.V., Reliance Industries Limited, Star Rotoplast, Phychem Technologies Pvt. Ltd., etc.
Market Taxonomy
By Type
Nylon
Polycarbonate
Elastomers
Plastisol
Ethylene Vinyl Acetate
Polyurethane
Polyvinyl Chloride
Polypropylene
By Application
Furniture
Marine
Automotive
Infrastructure
Storage Tanks
Underground Chambers
Material Handling
Toys
Rotolining
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Full Report Analysis @ https://qualiketresearch.com/reports-details/Rotomoulding-Powder-Market
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QualiKet Research strive hard to simplify strategic decisions enabling you to make right choice. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition. Our experts provide deep insights which is not available publicly that enables you to take bold steps.
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#Global Rotomoulding Powder Market size#Global Rotomoulding Powder Market Share#Global Rotomoulding Powder Market Growth
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Acetic Acid Market 2019-2028 Size, Share, Global Development, Revenue, Future Analysis, Business Prospects
The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.
Market Driver:
Advancements in Polymer Development to Bolster Growth
The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films.
Decreased Production to Hamper Market in COVID-19 Pandemic
The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future.
Regional Analysis:
Heavy Investments in Polymers to Promote Growth in Asia Pacific
The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region.
Information source:
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Ethylene Vinyl Acetate Market Global Demand Analysis & Opportunity Outlook 2035
Research Nester’s recent market research analysis on “Ethylene Vinyl Acetate Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global ethylene vinyl acetate market in terms of market segmentation by type, application, end-use industry, and by region.
Growing Agriculture Activities to Boost the Growth of the Global Ethylene Vinyl Acetate Market
The global market for ethylene vinyl acetate is set to grow on account of growing agriculture activities. EVA is a component of agrochemicals such as pesticides, insecticides, and herbicides. The main benefits of using EVA include requiring fewer soil applications, providing plants with a constant and frequent supply of nutrients, reducing nutrient loss due to leaching, being easier to handle than fertilizers, helping to prevent root damage caused by high salt concentrations, and lowering production costs.
Additionally, a large increase in demand for ethylene vinyl acetate resins from the paper and packaging industries is the primary driver driving the expansion of the global market for these resins. Additionally, the creation of bio-based ethylene vinyl acetate resin, an environmentally friendly substance, is anticipated to open up significant market expansion prospects throughout the projection period. The market is expected to have slower growth as a result of the increasing accessibility of low-cost substitutes such as linear low-density polyethylene (LLDPEs).
Some of the major growth factors and challenges that are associated with the growth of the global ethylene vinyl acetate market are:
Growth Drivers:
Rise in the Use of Ethylene Vinyl Acetate in Footwear
Growth in the Application of Ethylene Vinyl Acetate in the Packaging Sector
Challenges:
Unfortunately, a growing number of firms are currently experiencing the drawbacks of EVA. In addition, EVA (Ethylene Vinyl Acetate) is a wear-resistant polymer, but when processing temperatures are too high, it can release corrosive breakdown products. As a result, market demand is geared towards restraint.
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By end-use industry, the market for ethylene vinyl acetate is segmented into pharmaceutical, packaging, building & construction, agriculture, and footwear. Out of these, the footwear segment is estimated to have significant growth over the forecast period. In order to make vegan shoes, EVA is now widely used. The name of the plastic made by fusing ethylene and vinyl acetate is EVA. They combine to create a material that can be used to create the soles of EVA trainers. It is also recognized as an environmentally friendly material because it doesn't use chlorine in the production process and is easily recycled into new things (playgrounds, mats, and more).
By region, the market for ethylene vinyl acetate in Europe is expected to grow over the forecast period. A growing number of packaged food and personal care companies are expressing a need for smaller packaging sizes in this region. During the projection period, it is expected that this tendency would intensify, driving up market demand for EVA in this region.
This report also provides the existing competitive scenario of some of the key players of the global ethylene vinyl acetate market which includes company profiling of The Dow Chemical Company, ExxonMobil Corporation, Arkema, SABIC, Hanwha Solutions Chemical Division, LG Chem Ltd., China Petrochemical Corporation, Versalis S.p.A., Braskem S.A., TotalEnergies, and others.
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