#Ethylene Absorber Market Growth

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The market size hit $11B in 2023 and is expected to reach $43.4B by 2032, driven by the growing need to preserve the freshness and nutrition of produce and a thriving packaging industry.

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Smart Furniture Global Market Size Guide 2031 Forecast

Smart Furniture was valued at US$ 5.27 Billion in 2024. The global Smart Furniture market is projected to reach US$ 5.27 Billion by 2031, registering a compound annual growth rate (CAGR) of 6.92% during the forecast period from 2024 to 2031.

Top 10 Key Companies in Smart Furniture Market:

Amcor plc

Sonoco Products Company

Sealed Air Corporation

Stora Enso Oyj

Huhtamäki Oyj

Avery Dennison Corporation

Smurfit Kappa Group

BASF SE

3M Company

Tetra Pak International S.A.

Full Info @https://www.kingsresearch.com/smart-packaging-market-680

Smart Furniture Market Growth Factors:

Increasing Prevalence of Chronic Diseases: The rising incidence of chronic diseases such as cancer, neurological disorders, and gastrointestinal conditions contributes to the growing demand for Smart Furniture. Patients with these conditions often experience difficulty swallowing or require nutritional support, fuelling market growth.

Aging Population: As the global population continues to age, there is a higher prevalence of age-related conditions such as dysphagia, dementia, and stroke. Older adults are more likely to require enteral nutrition support, driving the demand for Smart Furniture.

Technological Advancements: Ongoing advancements in enteral feeding device technology improve safety, efficiency, and patient comfort. Innovations such as portable pumps, wireless monitoring systems, and tube placement verification devices enhance the overall patient experience and drive market growth.

Preference for Home Healthcare: Smart Furniture are used to provide nutrition support outside of traditional hospital settings There is a growing trend towards home-based healthcare and outpatient settings, where

Market Dynamics:

Key Developments

In an era where innovation and sustainability reign supreme, the packaging industry stands at the forefront of transformation. Among the myriad of advancements, Smart Furniture emerges as a beacon of ingenuity, blending technology with traditional packaging to revolutionize the way products are stored, transported, and consumed.

The integration of Internet of Things (IoT) technology has propelled Smart Furniture to new heights. By embedding sensors and connectivity features, packages become intelligent entities capable of real-time monitoring and data collectionActive packaging goes beyond mere containment, actively interacting with the product to extend shelf life and maintain quality.

Innovations such as oxygen scavengers, antimicrobial coatings, and ethylene absorbers mitigate spoilage factors, ensuring products reach consumers in optimal condition.

The emergence of printed electronics has unlocked a world of possibilities for Smart Furniture applications. Flexible electronic circuits and conductive inks enable the creation of smart labels that can monitor temperature, detect tampering, or display real-time information

 The global Smart Furniture Market is segmented as:

By Type

Active Packaging

Intelligent Packaging

Modified Atmosphere Packaging

By Application

Food & Beverage

Pharmaceuticals

Personal Care & Cosmetics

Geographic Study:

North America:

North America: emerges as a frontrunner in the Smart Furniture arena, driven by a robust technological infrastructure and high consumer demand for innovative solutions. The United States and Canada lead the region, with key players investing heavily in research and development to introduce cutting-edge Smart Furniture technologies

Europe: Europe stands at the forefront of sustainable packaging practices, with Smart Furniture solutions gaining traction across various industries. Countries like Germany, the United Kingdom, and France spearhead the adoption of Smart Furniture technologies, propelled by stringent regulations promoting environmental sustainability and food safety.

Asia-Pacific: The Asia-Pacific region presents immense growth opportunities for the Smart Furniture market, fuelled by rapid urbanization, burgeoning e-commerce platforms, and evolving consumer lifestyles. Countries like China, Japan, and India witness a surge in demand for Smart Furniture solutions, driven by the need for product authentication, supply chain efficiency, and enhanced brand experiences.

Research Objectives and Research Approach:

Following this, there is a market introduction, exploration of market dynamics, and a comprehensive overview of the global market. This includes an analysis of market drivers, restraints, and trends relevant to the global market. Additionally, detailed insights are offered through year-on-year (Y-o-Y) growth analysis to grasp the evolving trends in global market growth.

It is followed by market introduction, market size & an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, growth analysis with elaborated insights has been provided in order to understand the CAGR growth trend of the global industry

About Us:

Kings Research stands as a renowned global market research firm. With a collaborative approach, we work closely with industry leaders, conducting thorough assessments of trends and developments. Our primary objective is to provide decision-makers with tailored research reports that align with their unique business objectives. Through our comprehensive research studies, we strive to empower leaders to make informed decisions.

Our team comprises individuals with diverse backgrounds and a wealth of knowledge in various industries. At Kings Research, we offer a comprehensive range of services aimed at assisting you in formulating efficient strategies to achieve your desired outcomes. Our objective is to significantly enhance your long-term progress through these tailored solutions.

Contact Us:

Kings Research

Website: https://www.kingsresearch.com

E-mail: business@kingsresearch.com

Phone: (+1) 888 328 2189

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Ethylene Absorber Market –By Product, By Chemicals,By Application, By End User & Industry Forecast, 2024–2030

Ethylene Absorber Market Overview:

The Ethylene Absorber Market size is estimated to reach $35.7 billion by 2030, growing at a CAGR of 18% over the forecast period 2024–2030. The Ethylene Absorber market plays a vital role in preserving fresh produce and perishable goods. It involves the development and deployment of technologies and products that control and reduce ethylene gas concentrations in storage, transportation, and retail environments.

Consumers and businesses are increasingly conscious of environmental sustainability. Ethylene absorbers are being adopted as eco-friendly solutions that help reduce food waste by extending produce life, thereby reducing the carbon footprint associated with food production and distribution. As the world becomes more connected, the need for products like ethylene absorbers that can preserve produce during long-distance transportation and storage has increased. Continuous innovation in ethylene absorber technology makes these solutions more effective, reliable, and affordable, further driving market growth.

The crisis in Ukraine and its neighboring regions has disrupted the supply chain for materials used in the production of ethylene absorbers. This has led to price fluctuations and potential shortages. Economic repercussions from the crisis, such as changes in currency exchange rates and trade sanctions, have influenced the cost of ethylene absorber production and affect pricing strategies.

Sample Report :

● South American Region Expected to Witness the Highest Growth Over the Forecast Period 2024–2030 :

The South American region is anticipated to experience the highest growth during the forecast period from 2024 to 2030, with a Compound Annual Growth Rate (CAGR) of 22%. Demand for ethylene absorbers is rising as South American nations place a greater emphasis on the growth of their agricultural industries. A natural plant hormone called ethylene is essential to the ripening of fruits and vegetables. Producers and retailers in the agricultural industry are realizing how crucial it is to use ethylene absorbers to keep produce fresher for longer periods while it is being transported and stored. This development is consistent with South America’s aim to improve agricultural productivity, which has led to a notable growth in the market for ethylene absorbers in the area.

Ethylene Absorbers Filters Registers the Fastest Growth :

Ethylene absorber filters are designed to efficiently and effectively remove ethylene gas from storage facilities, shipping containers, and refrigeration units. They provide a high level of control over ethylene levels, preventing premature ripening and decay of perishable products. It aligns with the growing emphasis on environmental sustainability. They help reduce food waste, which is not only cost-effective but also eco-friendly, making them an attractive option for businesses aiming to minimize their carbon footprint. The increasing demand for fresh produce year-round has intensified the need for efficient ethylene control solutions. Ethylene absorber filters play a crucial role in ensuring that consumers have access to high-quality, fresh fruits and vegetables, regardless of the season.

Inquiry Before Buying:

● Food Processing is the Largest Segment :

Food processing and packaging companies handle a substantial volume of perishable goods, including fruits, vegetables, and other food products. These companies process, package, and distribute these goods to a wide range of consumers and businesses. Food processing companies face the challenge of minimizing food waste during processing and packaging. Ethylene absorbers enable them to reduce spoilage and waste, leading to cost savings and increased profitability. Food processing and packaging companies benefit from the continuous technological advancements in ethylene absorber solutions. New materials and designs make these solutions even more effective and efficient, enhancing the quality of their products.

● Growing Demand for Fresh Produce :

The increasing consumer preference for fresh and healthy produce has been a significant driver for the Ethylene Absorber Market. Consumers are now more conscious of their dietary choices and are seeking fresh, high-quality fruits and vegetables year-round. This trend has propelled the need for ethylene absorbers, which extend the shelf life of perishables by reducing ethylene gas levels. As a result, the market has experienced consistent growth as consumers demand access to fresh produce regardless of the season.

Schedule a Call :

● Sustainability and Environmental Concerns :

Sustainability is a central concern for both businesses and consumers. Ethylene absorbers are seen as eco-friendly solutions that help reduce food waste, lower carbon footprints, and minimize the need for excessive packaging. The market has expanded as ethylene absorbers align with sustainability goals. Businesses are adopting these solutions to meet eco-conscious consumer demands while reducing their environmental impact.

Buy Now :

● Supply Chain Disruptions :

The Ethylene Absorber Market can be heavily reliant on supply chains for raw materials. Any disruption, such as those caused by global events or geopolitical tensions, can impact production and lead to price fluctuations. Supply chain disruptions can affect the market’s stability, causing delays in production and increased costs, which can be passed on to consumers. Companies need to diversify their sources and enhance supply chain resilience to mitigate these challenges.

For more information Ethylene Absorber Market click here

[creativeera]

Silver Nanowires: The Next Generation of Conducting Materials

Introduction to Silver nanofibers Silver nanofibers are extremely thin silver wires with diameters measuring only tens to hundreds of nanometers. At such a small scale, silver exhibits unusual optical, electrical and thermodynamic properties compared to bulk silver. Silver nanofibers have found use in applications requiring transparent conducting materials like touchscreens. Properties of Silver nanofibers Silver nanofibers conduct electricity exceptionally well due to the high electrical conductivity of bulk silver. The electrical resistivity of silver is only about 1.59×10−8 Ω·m, second only to copper. At the nanoscale, Silver nanofibers retain much of this high conductivity despite their small cross-sectional area. Additionally, long nanowires allow percolation or contact between nanowires to form conductive networks even at low surface coverage or mass fractions. This makes Silver nanofibers viable at transmitting electricity through transparent materials. Optical properties are also influenced at the nanoscale. Silver Nanowires is highly reflective in the visible spectrum as a bulk material. However, Silver nanofibers only weakly absorb and scatter visible light due to resonance effects dependent on nanowire diameter, reducing opacity. Transmission of visible light can exceed 90% with Silver nanofibers films only tens of nanometers thick. The nanowires also transmit infrared radiation well. These qualities give Silver nanofibers their useful optoelectronic properties. Producing High Quality Silver Nanowires Several techniques exist for producing high quality Silver nanofibers on an industrial scale. Polyol synthesis is a common method which uses ethylene glycol both as a reducing agent and reaction solvent. In this process, silver nitrate is reduced by ethylene glycol at elevated temperatures (150-200°C) in the presence of a structure-directing agent like polyvinylpyrrolidone (PVP). The PVP bonds preferentially to certain crystallographic faces of growing silver nanoparticles, directing their one-dimensional growth into nanowires. Reaction time, temperature, and concentration of reagents control the dimensions of synthesized nanowires, which are usually 50-200 nm in diameter and 5-100 μm in length. Post-synthesis processing like washing and drying yields pure Silver nanofibers powders. PVP-coated Silver nanofibers produced by polyol synthesis typically have good aspect ratios above 100 and acceptable electrical conductivities. However, surfactants and byproducts must be removed before application to avoid compromising transparency or conductivity. Additional techniques like electrospinning can also fabricate Silver nanofibers, enabling mass production. Overall, wet chemistry methods allow cost-effective synthesis of high quality Silver Nanowires nanofibers materials. Uses of Silver nanofibers in Devices Transparent Conductive Films One major application of Silver nanofibers is as a material for transparent conductive films (TCFs). TCFs require optical transparency as well as high electrical conductivity, which bulk metals cannot provide. Silver nanofibers combine these properties, transmitting over 90% of visible light while achieving conductivities within an order of magnitude of ITO. Silver nanowire TCFs have begun replacing indium tin oxide (ITO) in applications like touchscreens due to lowered costs and mechanical flexibility. At optimized surface densities, Silver nanofibers form a percolated conductive mesh that maintains excellent optical qualities even as electrical conductivity surpasses that of ITO. This makes them promising for next-generation touch-enabled displays and transparent electrodes. Organic Electronics and Solar Cells

Get more insights on Silver Nanowires

Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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Hyperelastic Material Market is expected to display a steady growth of 4% due to the rise in aeronautical

According to a new report published by UnivDatos Markets Insights, the Hyperelastic Material Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Type (Ethylene Vinyl Acetate, Thermoplastic Polyurethane, Butadiene Rubber, Silicon, and Others); Application (Home Bedding, Aerospace, Construction, Railway, Automobile, Oil & Gas, and Others); Region/Country.

The hyperelastic material market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the hyperelastic material market. The hyperelastic material market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the hyperelastic material market at the global and regional levels.

Market Overview

Hyperelastic material or green elastic material is a type of constitutive model for ideally elastic material for which the stress-strain relationship derives from a strain energy density function. The hyperelastic material is a special case of a Cauchy elastic material. In addition, hyperelastic materials exhibit highly nonlinear stress-strain relationships. When tension is applied, the material softens and hardens again, but when pressure is applied, the hyperelastic material becomes very stiff. For example, Mooney-Rivlin rubber can be used extensively to manufacture complex-shaped components. The high deformability and ability to absorb vibrations, as well as the low cost-to-weight ratio, provide growth opportunities for market players.

Factors such as the economic prosperity of the population and environmental benefits & implementation of stringent governmental policies for the use of hyperelastic materials, and product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include ExxonMobil Corporation, The Dow Chemical Company, LG Chem, Sumitomo Chemical Co. Ltd., Braskem, REPSOL S.A., CLARIANT AG, LyondellBasell Industries Holdings B.V., Mitsui Chemicals America Inc., and BASF SE.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the industries industry and has transformed the way industries are delivered. The hyperelastic material market has been significantly affected during these times owing to the delay in the adoption of green elastic material during the pandemic.

The global hyperelastic material market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on type, the market is segmented into ethylene vinyl acetate, thermoplastic polyurethane, butadiene rubber, silicon, and others. The butadiene rubber category is expected to witness the highest CAGR during the forecast period owing to its use to manufacture products such as tires, scrap tubes, adhesives, roll covers, hoses, gaskets, etc. Additionally, the demand for butadiene rubber is high worldwide. Also, butadiene rubber exhibits high elasticity, excellent tensile strength, tear resistance, and excellent flex properties at low temperatures, making it ideal for a wide variety of applications

Based on application, the hyperelastic material market has been classified into home bedding, aerospace, construction, railway, automobile, oil & gas, and others. The automobile category is likely to witness significant adoption of hyperelastic material during the forecast period. This is mainly because of the high level of flexibility required under heavy loads for long periods of time. Also, hyperelastic properties help define foam behavior, while viscoelastic properties are used to assess the effects of shear stress within the deformable body of an automobile seat. Furthermore, the manufacturing of high-quality tires with different characteristics such as low rolling resistance and excellent heat resistance is increasing the demand for hyperelastic material in the automobile industry

Hyperelastic Material Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for the automobile coupled with the growing disposable income, urbanization, and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, the wide expanse of applications along with growth in the construction, railway, automobile, oil & gas sector is further expected to support the market growth. In addition, the constant development of the industries along with growth in consumption further accelerates the hyperelastic material market growth in the region. Also, major players in the market continue to invest in various types of hyperelastic manufacturing. For instance, WACKER acquires a 60 percent stake in specialty silane manufacturer SICO Performance Material Company to further expand the share of high-margin specialties in our silicone business worldwide.

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The major players targeting the market include

ExxonMobil Corporation

The Dow Chemical Company

LG Chem

Sumitomo Chemical Co. Ltd.

Braskem

REPSOL S.A.

CLARIANT AG

LyondellBasell Industries Holdings B.V.

Mitsui Chemicals America Inc.

BASF SE

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the hyperelastic material market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the hyperelastic material market?

• Which factors are influencing the hyperelastic material market over the forecast period?

• What are the global challenges, threats, and risks in the hyperelastic material market?

• Which factors are propelling and restraining the hyperelastic material market?

• What are the demanding global regions of the hyperelastic material market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

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Industrial Flooring Market - SWOT Analysis [2023-2028]

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UnivDatos Market Insights: Your Partner in Data-Driven Market Strategies. Unlock growth opportunities and make smart decisions with our expert research and insights.

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Driving Business Growth with Polyvinyl Chloride (PVC) Procurement Intelligence 2024 - 2030

Procurement of PVC benefits buyers from several end-use sectors, such as construction, packaging, automotive, electronics, and healthcare, due to its versatility and abundant applications in these sectors. The global market size was estimated at USD 54.6 billion in 2023. In 2023, APAC dominated the industry, comprising 38% of the global market share in 2023. Countries such as India, China, and Japan are the key contributors to APAC’s growth, prompting supply chain managers to foster their strategies. Key driving factors for other regions, such as North America and Europe, include the substantial presence of key players and technological advancements in manufacturing. Moreover, this is an important material in shock-absorbing automotive components, and sales of automobiles in the aforesaid regions are forecasted to rise exponentially during the next few years.

In 2024, the PVC industry has been significantly impacted by challenges such as raw material price volatility, prohibited usage in green buildings, intense competition from steel and concrete pipes, and health hazards. For instance, the prices of key raw materials used in the production of this commodity, including ethylene and chlorine, are witnessing market fluctuations due to geopolitical tensions, supply chain disruptions, and changes in energy prices. Moreover, green building certifications such as LEED (Leadership in Energy and Environmental Design) and other sustainable building standards are increasingly restricting the use of this commodity due to environmental and health concerns.

Key technology trends that are driving the growth include Oriented Polyvinyl Chloride (PVC-O) technology, nanotechnology integration, IoT-integrated pipes, use of hybrid materials, compounding, 3D printing, and climate-resilient designs. Nanotechnology integration is revolutionizing this industry by enhancing material properties through nanocomposites. Innovations like ‘NanoVinyl’ integrate nanomaterials to improve strength and durability while preserving flexibility. Compounding involves enhancing basic resin by adding plasticizers, stabilizers, fillers, pigments, and lubricants. These components influence properties, including flexibility, color, thermal stability, and resistance to UV light and chemicals.

Order your copy of the Polyvinyl Chloride (PVC) Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Key suppliers compete based on pricing, customization, lead time reduction, improving customer service, and enhancing brand reputation. Moreover, they emphasize product quality, use of sustainable materials, innovations, durability and R&D as buyers consider these parameters while sourcing PVC.

The prices of products in this industry fluctuate based on several parameters, including raw material price fluctuations, supply chain disruptions, labor cost variations, fluxes in energy costs, quality, and demand. For instance, various grades of PVC resin serve specific applications and come with different price tags. Premium, impact-resistant PVC commonly used in pipes tends to be more expensive than general-purpose grades. Moreover, resin pricing is significantly impacted by crude oil costs (due to crude oil being a key component used in manufacturing). When crude oil prices rise, resin prices tend to follow a similar trend.

Amid the COVID-19 pandemic, disruptions in supply chains caused global prices to surge temporarily. In response, many governments reduced import duties to stabilize prices. Consequently, PVC imports increased during the pandemic. By 2023, the supply-demand situation somewhat stabilized, although global demand remained slightly below pre-pandemic levels due to a slower-than-anticipated economic resurgence.

PVC Sourcing Intelligence Highlights

• This market consists of a fragmented landscape, with the players engaged in intense competition.

• Owing to the availability of substitutes, buyers have substantial bargaining power and the flexibility to switch to alternative suppliers.

• China, India, and Vietnam are preferred as low-cost or best-cost countries for sourcing due to their low costs of raw materials, cheap labor costs, inexpensive equipment cost, and high domestic production volume.

• The key components of the cost structure include raw materials (such as ethylene and chlorine), labor, equipment, energy, packaging, transportation, and other costs. Other costs include R&D, rent and utilities, compliance, general and administrative, sales and marketing, and taxes.

Browse through Grand View Research’s collection of procurement intelligence studies:

• Polyethylene Terephthalate (PET) Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Methanol Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

PVC - Key Suppliers

• Arkema S.A.

• Formosa Plastics Corporation

• INEOS AG

• KEM ONE SAS

• LG Chem, Ltd.

• Mitsubishi Chemical Group Corporation

• Occidental Petroleum Corporation

• Shin-Etsu Chemical Co., Ltd.

• Sinochem Holdings Corporation Ltd.

• Solvay S.A.

• Westlake Corporation

• Xinjiang Zhongtai Chemical Co., Ltd.

PVC Procurement Intelligence Report Scope

• Growth Rate: CAGR of 3.9% from 2024 to 2030

• Pricing Growth Outlook: 5% - 10% increase (Annually)

• Pricing Models: Cost-plus pricing, volume-based pricing, demand-based pricing, competition-based pricing

• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

• Supplier Selection Criteria: Geographical service provision, industries served, years in service, employee strength, revenue generated, key clientele, regulatory certifications, product type (unplasticized / chlorinated / molecularly-oriented / modified), product source (chemical-based / bio-based), delivery mode (offline / online), customer service, lead time, and others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

[marketsndata]

Thermoplastic Elastomer Market Size, Share and Growth Report, 2031

Global thermoplastic elastomers market is projected to witness a CAGR of 3.9% during the forecast period 2024-2031, growing from 6.25 million tons in 2023 to 8.49 million tons in 2031. The flourishing footwear industry is augmenting the demand for thermoplastic elastomers market growth. This growth is attributed to footwear sales through e-commerce sites and increasing sports events. The increasing deployment of thermoplastic elastomers in transport parts bolstered market growth. For instance, according to the Alliance for Automotive Manufacturers, in 2022, investments in automotive parts manufacturing reached USD 43 billion.

The robust growth of the transportation sector is ascribed to various factors, including the production expansion of aircraft, multiple government initiatives to develop electric vehicle manufacturing hubs, and the ongoing manufacturing activities associated with the new marine vessels. The increasing consumer demand for a new range of footwear, shifting consumer preferences, and advancements in manufacturing technologies are some of the prime attributes influencing the growth of the footwear industry at the global level. Thus, the robust growth of the transportation and footwear sectors at the global level is boosting the demand for thermoplastic elastomers to ensure superior chemical resistance, which, in turn, is supplementing the market growth.

In addition, the recent opening of new facilities for thermoplastic elastomer development will boost the supply of products in the global market, thereby creating a lucrative opportunity for market growth in the long run. For instance, in October 2022, Audia Elastomers launched a new manufacturing plant in Changshu, China. The new manufacturing facility of Audia Elastomers is manufacturing a range of elastomers, including thermoplastic elastomers (TPEs). However, thermoplastic elastomers have several performance limitations, restraining the market’s growth.

The Booming Transportation Industry at the Global Level is Augmenting the Market Traction

In the transportation industry, deploying thermoplastic elastomers is vital as the material ensures superior benefits, such as being lightweight, cost-effective, and highly durable, as opposed to thermoset materials in the total system cost, thereby making it increasingly desirable for transport product manufacturers. Thermoplastic elastomers are employed in transportation products such as commercial aircraft, passenger vehicles, cruise ships, and others. The development of new transport manufacturing facilities, rising commercial flight activities, increasing aircraft production, and surging innovations in the upgraded transport vehicle models are some of the prominent variables fostering the transportation sector’s growth at the global level.

For instance, according to Airbus, a global aircraft manufacturer, the production of A330 aircraft reached 3 per month in 2022. Moreover, Airbus is focusing on increasing the production of A330 aircraft by 4 in 2024. Furthermore, Airbus delivered 611 commercial aircraft units, and in 2022, it was 661 units, an annual growth rate of 8%. Hence, the booming transportation industry is fueling the adoption of thermoplastic elastomers for manufacturing bumpers, air ducts, and high & low-pressure pipes, which forms a major aspect accelerating the market growth.   

Download free Sample Report- https://www.marketsandata.com/industry-reports/thermoplastic-elastomers-market/sample-request 

The Bolstering Footwear Sector is Supplementing the Growth of the Market

Thermoplastic elastomers are ideal for manufacturing footwear midsoles as TPEs serve significantly higher levels of flexibility than traditional materials such as ethylene-vinyl acetate (EVA) foams. Additionally, thermoplastic elastomers can be molded into complex shapes for enhanced cushioning, shock absorbency, and support. The footwear sector is experiencing significant demand growth due to several key factors, including the growing sales facilitated by e-commerce, extensive spending on advertising by footwear brands, rising demand for athletic, trendy, and comfortable footwear, and rapid urbanization.

According to the recent statistics published by the World Footwear Yearbook 2023, 2022 global footwear production was 23.9 billion pairs, representing a year-on-year growth rate of 7.6%. Likewise, according to the Sports & Fitness Industry Association (SFIA), the sporting goods industry experienced record-breaking sales in 2021, with a 15.8% increase in revenue from 2020 and a 16.4% increase since 2019 pre-pandemic numbers. Henceforth, the bolstering footwear sector is spurring the demand for thermoplastic elastomers to ensure superior damping properties, propelling the market growth.

Superior Technical Properties of Thermoplastic Elastomers are Amplifying the Market Growth

The thermoplastic elastomers are equipped with beneficial technical properties such as specific gravity at 0.89-1.0, shore hardness of 60A-75D, low-temperature limit at -60°C, high-temperature limit at 120°C, compression set resistance at 100 °C, and resistance to hydrocarbon fluids. Thus, due to the above technical properties, thermoplastic elastomers are often deployed in various applications such as transport parts, construction extruded seals, and electrical and electronic components.

For instance, according to the recent data published by Invest India, in 2022, the production of electronic components in India was valued at USD 11 billion and is projected to reach USD 18 billion by 2026. Therefore, the superior technical properties associated with thermoplastic elastomers augment the adoption of TPEs across various applications, thereby proliferating the market growth.         

Asia-Pacific Held a Significant Share in the Thermoplastic Elastomers Market

The regional economic growth of the Asia-Pacific is driven by the expansion of the various end-use industries such as medical equipment, transportation, building & construction, and industrial. Prominent variables, such as increasing spending power of people, flexible trade regulations, easy availability of raw materials, and ease of import-export policies, are some of the favorable aspects fostering the growth of the transportation sector in the Asia Pacific region.

According to the recent report published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2022, the Asia Pacific region held the highest manufacturing share in the global automotive share, which was 58.8% of the global automotive share. Moreover, in 2021, the production of automobiles in the Asia-Pacific region was 46,768,800 units, whereas in 2022, it was 50,020,793, representing a year-on-year growth rate of 7%. Thus, the booming transportation sector in the Asia-Pacific region is boosting the adoption of thermoplastic elastomers to ensure superior durability, thereby supplementing the market growth in the region.              

Impact of COVID-19

The COVID-19 pandemic in 2020 restrained the supply of raw materials, labor movement, and halt in the production of non-essential industrial products. As a result, the demand for thermoplastic elastomers declined. Furthermore, the demand revenue losses incurred by various end-use industries, such as transportation, industrial, and building and construction, resulted in the decline in the growth of the thermoplastic elastomers industry.

For instance, according to the statistics published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2019, the global production of automotive was 92,175,805 units and in 2020, it was 77,621,582, a decline of 15.8%. However, the sudden surge in the need for medical equipment boosted the demand for thermoplastic elastomers. Additionally, favorable government measures across various countries efficiently promoted the resurgence of various end-use industries, including thermoplastic elastomers, thereby accelerating the market growth in the years 2021 and 2022.

Impact of Russia Ukraine War

The Russia and Ukraine war had a strong impact on respective economies. Since Russia is among the major trade partners of Europe, the supply chain disruption strongly impacted the production activities in the region. As a result, there was a shortage of automotive components in the European countries during 2022, ultimately resulting in a decline in automotive production in the region.

For instance, according to the recent data published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2021, the automotive production in Netherlands was 107,021 units and in 2022, it was 101,670 units, an annual decline of 5% as compared to 2021. However, the procurement of materials from local sources and other prominent markets such as China and India aided the growth of the thermoplastic elastomers market despite the impact of the Russia-Ukraine war in the first half of 2022.

Report Scope

“Thermoplastic Elastomers Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global thermoplastic elastomers market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/thermoplastic-elastomers-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[industrialsolutioniid]

Start Solar Panel Manufacturing Business

In the realm of renewable energy, solar power stands out as a beacon of hope for a sustainable future. With its abundant availability and low environmental impact, solar energy has emerged as a key player in the global energy transition. Central to the harnessing of solar power are solar panels, the backbone of solar energy systems. In this comprehensive guide, we delve into the intricate world of solar panel manufacturing and explore the thriving solar business landscape.

Understanding Solar Panel Manufacturing

Solar panels, also known as photovoltaic (PV) modules, are devices that convert sunlight into electricity through the photovoltaic effect. They consist of interconnected solar cells, typically made of silicon, which absorb sunlight and generate direct current (DC) electricity. This electricity is then converted into usable alternating current (AC) power through inverters for residential, commercial, and industrial applications.

1. Silicon Ingot Production:

The manufacturing process begins with the production of silicon ingots, the primary material used in solar cells. Silicon, extracted from silica sand, undergoes purification processes to achieve high purity levels required for efficient solar cell production.

2. Wafer Production:

Silicon ingots are sliced into thin wafers using diamond wire saws or multi-wire saws. These wafers undergo surface etching and doping processes to enhance their electrical conductivity and efficiency in converting sunlight into electricity.

3. Solar Cell Fabrication:

Wafers are then processed into solar cells through techniques such as diffusion, deposition, and metallization. This involves creating p-n junctions, applying anti-reflective coatings, and attaching metal contacts to facilitate the flow of electricity.

4. Module Assembly:

Solar cells are assembled into modules through encapsulation between tempered glass, EVA (ethylene-vinyl acetate) encapsulant, and back sheet materials. Frame assembly, junction box installation, and quality testing complete the manufacturing process.

Solar Business Landscape

The solar industry encompasses a diverse range of businesses involved in solar panel manufacturing, installation, financing, and maintenance. With increasing awareness of climate change and the need for clean energy solutions, the solar business landscape is witnessing exponential growth and innovation. Let’s explore key aspects of the solar business ecosystem:

1. Solar Panel Manufacturing Business:

Solar panel manufacturing companies play a crucial role in meeting the growing demand for solar energy systems worldwide. These companies invest in research and development to enhance solar panel efficiency, reduce manufacturing costs, and expand production capacity to meet market demand.

2. Solar Energy Business:

Beyond manufacturing, the solar energy business encompasses project development, installation, and operation of solar power plants. Solar developers identify suitable locations, secure permits, and finance solar projects, leveraging incentives and subsidies to make solar energy competitive with conventional sources.

3. Solar Farm Business Plan:

Solar farms, also known as solar parks or solar power plants, are large-scale installations that generate electricity from sunlight. Developing a solar farm business plan involves site selection, feasibility studies, financing arrangements, grid connection agreements, and regulatory compliance to ensure the project's success and profitability.

4. Solar Energy Business in India:

India has emerged as a global leader in solar energy deployment, driven by ambitious renewable energy targets, government incentives, and favorable solar irradiance conditions. The Indian solar business landscape presents lucrative opportunities for solar panel manufacturers, project developers, and investors seeking to capitalize on the country's renewable energy potential.

5. Solar Panel Business Plan:

A well-defined solar panel business plan outlines market analysis, competitive positioning, manufacturing strategy, distribution channels, sales projections, and financial forecasts. It serves as a roadmap for entrepreneurs and investors looking to enter or expand their presence in the solar panel market.

Future Outlook

The future of solar panel manufacturing and the solar business landscape looks promising, fueled by technological advancements, policy support, and growing environmental awareness. Key trends shaping the industry include:

1. Technological Innovation:

Ongoing research and development efforts aim to enhance solar panel efficiency, durability, and affordability through innovations in materials, manufacturing processes, and cell technologies such as thin-film, PERC (Passivated Emitter Rear Cell), and bifacial cells.

2. Market Expansion:

The global shift towards renewable energy, coupled with declining solar panel costs, is driving market expansion across residential, commercial, and utility-scale segments. Emerging markets in Asia, Africa, and Latin America present untapped opportunities for solar business growth.

3. Energy Storage Integration:

The integration of energy storage solutions such as lithium-ion batteries with solar power systems enables better grid stability, energy management, and increased self-consumption of solar-generated electricity, fostering the transition towards a decentralized energy paradigm.

4. Policy Support:

Government policies, incentives, and regulatory frameworks play a crucial role in incentivizing solar adoption, fostering investment confidence, and driving market growth. Continued policy support for renewable energy deployment is essential to achieving sustainability goals and mitigating climate change

IID Membership

Membership programs for business startups offer valuable resources and support to entrepreneurs at various stages of their journey. These programs often provide access to mentorship, networking opportunities, educational workshops, and shared workspaces or office facilities. Additionally, members may benefit from discounts on services, access to funding opportunities, and exposure to potential clients or investors through community events. Joining a startup membership program can accelerate growth, foster collaboration, and provide essential guidance to navigate the challenges of starting and scaling a business.

Conclusion

Solar panel manufacturing and the solar business landscape are integral components of the global renewable energy transition. With advancements in technology, supportive policies, and increasing market demand, the solar industry continues to evolve and expand, offering sustainable solutions to meet the world's growing energy needs. As we look towards a future powered by clean and renewable energy sources, solar power shines brightly as a beacon of hope for a brighter and more sustainable tomorrow.

[chemanalystdata]

Ethylene Vinyl Acetate Prices, Trend, Supply and Demand & Forecast | ChemAnalyst

Ethylene Vinyl Acetate (EVA) Prices is a versatile polymer widely used in various industries due to its exceptional properties and affordability. As a copolymer of ethylene and vinyl acetate, EVA finds applications in industries ranging from footwear to packaging, automotive, and even solar energy. Understanding the dynamics of EVA prices is crucial for businesses reliant on this material for their operations.

Several factors influence the pricing of EVA, with raw material costs being one of the primary determinants. Ethylene, derived from crude oil or natural gas, and vinyl acetate monomer (VAM), synthesized from ethylene and acetic acid, form the basis of EVA production. Fluctuations in crude oil prices, geopolitical tensions, and supply-demand imbalances directly impact the cost of ethylene and, consequently, EVA prices. Similarly, disruptions in the production or availability of acetic acid affect VAM costs, further influencing EVA pricing trends.

Market demand plays a pivotal role in determining EVA prices. The versatility of EVA renders it indispensable in various industries, leading to consistent demand. In sectors like footwear, where EVA is extensively used in midsoles and outsoles due to its lightweight and shock-absorbing properties, seasonal fluctuations and fashion trends can significantly influence demand and, subsequently, prices. Similarly, the packaging industry's demand for EVA films and sheets fluctuates based on consumer preferences, environmental regulations, and economic conditions.

Get Real Time Prices of Ethylene Vinyl Acetate (EVA) Prices: https://www.chemanalyst.com/Pricing-data/ethylene-vinyl-acetate-74

Global economic factors also impact EVA prices. Economic downturns or recessions tend to suppress demand across industries, leading to a downward pressure on prices. Conversely, during periods of economic growth, increased industrial activity and consumer spending bolster demand for EVA, thereby driving prices upwards. Moreover, currency fluctuations, trade policies, and tariffs affect the cost of imported raw materials and finished EVA products, further adding to pricing volatility.

Technological advancements and innovations in EVA production processes can influence pricing dynamics. Manufacturers continuously strive to enhance production efficiency, reduce energy consumption, and develop novel formulations to meet evolving industry requirements. Investments in research and development aimed at improving EVA quality, durability, and sustainability may impact production costs, subsequently affecting prices in the market.

Environmental regulations and sustainability initiatives also shape EVA pricing trends. As concerns over plastic pollution and carbon emissions intensify, industries are under pressure to adopt eco-friendly materials and manufacturing practices. EVA manufacturers may incur additional costs in compliance with stringent environmental standards or implementing sustainable initiatives such as recycling programs or utilizing bio-based feedstocks. These factors contribute to the overall cost structure and, consequently, influence EVA prices.

Supply chain disruptions, including natural disasters, transportation bottlenecks, or labor strikes, can cause temporary shortages or delays in EVA production, leading to price fluctuations. Such disruptions highlight the importance of supply chain resilience and contingency planning for businesses reliant on EVA as a critical input.

In summary, EVA prices are subject to a myriad of factors encompassing raw material costs, market demand, economic conditions, technological advancements, regulatory requirements, and supply chain dynamics. Businesses must stay abreast of these factors and adopt proactive strategies such as hedging, inventory management, and supplier diversification to mitigate risks associated with EVA price volatility. By understanding the multifaceted nature of EVA pricing dynamics, businesses can make informed decisions to optimize their operations and remain competitive in the market.

Get Real Time Prices of Ethylene Vinyl Acetate (EVA) Prices: https://www.chemanalyst.com/Pricing-data/ethylene-vinyl-acetate-74

Contact Us:

ChemAnalyst

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15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

[chemicalresearchupdates]

Cellular Rubber Market Dynamics: An In-Depth Examination of Key Players

Definition:

Cellular rubber, often referred to as foam rubber or sponge rubber, is a versatile material characterized by its open-cell structure. This rubber variant is made by introducing gas into a rubber compound during its production, creating a cellular matrix with interconnected voids. These voids make cellular rubber lightweight and flexible, allowing it to compress and expand under pressure. Cellular rubber finds applications across various industries, thanks to its unique properties, including cushioning, insulation, and sealing capabilities.

Market Overview & Scope:

The cellular rubber market has witnessed steady growth in recent years, owing to its extensive range of applications. Its ability to effectively seal out moisture, air, and dust, along with its shock-absorbing and insulating qualities, make it an essential material in industries like automotive, construction, electronics, and aerospace. The market's scope encompasses a wide array of product types, including natural rubber, neoprene, silicone, and EPDM (ethylene propylene diene monomer) cellular rubber.

Moreover, the cellular rubber market is not confined to a specific geographic region but has a global presence. Companies and manufacturers worldwide contribute to this market, ensuring a diverse and competitive landscape. Its versatility and adaptability make cellular rubber a key component in various products, from gaskets and seals to automotive weatherstripping and acoustic insulation.

Market Growth:

The cellular rubber market has experienced consistent growth over the years, driven by increasing demand for lightweight, durable, and high-performance materials. As industries continue to prioritize energy efficiency and noise reduction, cellular rubber's role in improving insulation and sealing solutions has become increasingly significant. Additionally, the expansion of the automotive sector, coupled with growing construction and electronics industries, has further propelled the demand for cellular rubber products.

With advancements in material technology and manufacturing processes, cellular rubber has evolved to meet the demands of emerging markets. Its ability to adapt to new applications, such as in renewable energy and medical devices, is expected to contribute to sustained growth in the coming years.

Market Industry:

The cellular rubber market industry encompasses a wide range of players, including raw material suppliers, manufacturers, distributors, and end-users. Manufacturers in this sector continuously innovate to produce cellular rubber with tailored properties and specifications, ensuring it meets the unique requirements of various applications.

In the automotive industry, cellular rubber is employed in gaskets and seals to provide enhanced weatherproofing and noise reduction. In the construction sector, it is used for insulation and sealing purposes, helping improve energy efficiency and building durability. The electronics industry relies on cellular rubber for vibration isolation and protection against moisture and electromagnetic interference. The aerospace sector utilizes cellular rubber for lightweighting and shock absorption in critical components.

Market Trends:

Several key trends influence the cellular rubber market's trajectory. Sustainability and environmental consciousness have become paramount, leading to a shift towards eco-friendly cellular rubber formulations. This trend aligns with the broader sustainability goals of many industries, as they seek to reduce their carbon footprint.

Furthermore, customization and the development of niche applications are on the rise. Manufacturers are increasingly tailoring cellular rubber products to meet specific requirements in sectors like healthcare, renewable energy, and consumer goods.

As technology advances, so does the cellular rubber industry. Smart materials with embedded sensors and self-healing capabilities are emerging, opening up new possibilities in sectors like transportation and infrastructure.

In conclusion, the cellular rubber market is characterized by its versatility and adaptability, with a broad scope that encompasses various industries. It continues to experience growth, driven by the increasing demand for efficient sealing, insulation, and lightweight materials, and is shaped by industry trends that emphasize sustainability, customization, and technological innovation.

[alpharettaroofingpros]

Alpharetta businesses are turning to commercial rubber roofs. Find out why.

The city of Alpharetta has witnessed a significant surge in commercial growth over the past few years. With businesses constantly evolving to cater to market demands, one crucial aspect that cannot be ignored is the choice of roofing. In recent times, commercial rubber roofs have emerged as a top choice for Alpharetta businesses. But what exactly are these benefits, and why are they becoming increasingly popular?

1. Long-lasting Durability

Commercial rubber roofs, also known as EPDM (Ethylene Propylene Diene Monomer) roofs, are known for their outstanding durability. This type of roofing can withstand:

Extreme temperatures

UV rays

Acidic rain

Ozone

Given Alpharetta's varied climate, having a roof that can stand against different weather conditions is essential. This leads to fewer repairs and a longer lifespan for your roof.

2. Cost-effective in the Long Run

While the initial investment might be comparable to other roofing solutions, rubber roofs offer significant savings in the long term. Factors contributing to these savings include:

Reduced maintenance costs

Longevity

Enhanced energy efficiency

3. Eco-friendly Choice

Rubber roofs are often made from recycled materials, making them an environmentally friendly choice. Moreover, once their lifecycle ends, they can be recycled again, promoting a circular economy.

4. Energy Efficiency

Especially relevant for businesses aiming to cut down on energy bills, rubber roofs reflect heat and sunlight, ensuring the interiors remain cooler during the summer months.

5. Easy to Install and Maintain

Commercial rubber roofs are relatively lightweight, which makes the installation process quicker. In terms of maintenance, simple routine checks can ensure the roof's longevity without extensive intervention.

6. Flexibility and Resistance

Rubber is a flexible material, which means it can easily adjust to structural movements without cracking. It’s also highly resistant to fire and wind, adding an extra layer of safety.

FAQs about Commercial Rubber Roofs:

What is the average lifespan of a commercial rubber roof? A well-maintained rubber roof can last up to 20-30 years.

Are rubber roofs prone to leaks? No, when installed correctly, rubber roofs are waterproof and offer excellent protection against leaks.

How do rubber roofs fare against hail and storms? Due to their flexibility, rubber roofs absorb the impact of hail and storms quite effectively.

Can you walk on a rubber roof without damaging it? Yes, rubber roofs can typically handle foot traffic. However, it's always advisable to tread lightly and avoid sharp objects.

Conclusion:

Commercial rubber roofs are becoming the go-to choice for Alpharetta businesses for valid reasons. Their durability, cost-effectiveness, eco-friendliness, and easy maintenance make them stand out as a prime choice for commercial establishments.

Are you an Alpharetta business looking to reap the benefits of a commercial rubber roof? Get in touch with us today to explore the best roofing solutions tailored for your needs.

Click here to visit us or check us here

Read more on our blog post

[foodagriculturenews]

Asia Pacific to grow at a CAGR of 8.2% by 2028 in Plant Growth Regulators Market

The Plant Growth Regulators Market was valued at USD 2.9 billion in 2022 and is projected to reach USD 4.5 billion by 2028, at a CAGR of 7.4% during the forecast period. Plant Growth Regulators are chemicals used to modify plant growth, such as increasing branching, suppressing shoot growth, increasing return bloom, removing excess fruit, or altering fruit maturity. Numerous factors affect PGR performance, including how well the plant absorbs the chemical, tree vigor and age, dose, timing, cultivar, and weather conditions before, during, and after application. Plant growth regulators can be grouped into six classes: compounds related to auxins, gibberellins, gibberellin biosynthesis inhibitors, cytokinins, abscisic acid, and compounds affecting the ethylene status.

Download PDF Brochure

Asia Pacific to grow at a CAGR of 8.2% during the forecast period.

The Asia Pacific plant growth regulators market accounted for a share of about 30.9% of the total market, in terms of value, in 2022. The region is an emerging market with investments from several multinational manufacturers, especially in countries such as China, New Zealand, and Japan. The Asia Pacific region contributes to more than 60% of the global population, with China and India being two of the most populous countries. This rising food demand from the region has led to the use of plant growth regulators.

The primary occupation of the population in the Asia Pacific region is agriculture. The increasing agricultural practices and requirement for high-quality agricultural produce are expected to drive this region's plant growth regulators market. The major crops produced here are rice, sugar beet, fruits & vegetables, cereals, and grains. Cotton, sugarcane, fruits & vegetables, and cereals are the leading agricultural commodities exported from these countries.

The Asia Pacific region comprises developing countries with vast agricultural lands. The per capita income of the region depends on its agricultural activities. Advanced agricultural technologies are widely accepted and practiced in this region. According to recent figures from the World Bank, nearly 57.3% and 61.2% of the entire land area was accounted for as agricultural land in China and India, respectively, in 2021.

Read more

The key players in this market include Sumitomo Chemicals Co., Ltd. (Japan), Xinyi Industrial Co., Ltd. (China), Sichuan Guoguang Agrochemical Co., Ltd. (China) Tata Chemicals Ltd. (India), and UPL (India).

[my-123]

Acrylic Acid Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2032

According to a recent study by Future Market Insights, the acrylic acid market is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%. Rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period.

Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others.

In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic acid from the polymer industry during the forecast period. Additionally, the rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market.

Key Players

BASF SE

Dow Chemical

Lucite International

LG Chem

Mitsubishi Chemical Corporation

Cargill, Incorporated

Nippon Shokubai Co., Ltd.

SNP Inc.

The Lubrizol Corporation

Formosa Plastic Corporation

Arkema S.A.

Ashland

Kemira Oyi

Competitive Landscape

Players in the global acrylic acid market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.

Request Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14801

Key Segments Covered In The Acrylic Acid Market Study

Acrylic Acid Market by Product:

Acrylate Esters

Glacial Acrylic Acid

Other Acrylic Acid Products

Acrylic Acid Market by End-Use Industry:

Acrylic Acid for Surfactants

Acrylic Acid for Organic Chemicals

Acrylic Acid for Adhesives & Sealants

Acrylic Acid for Textiles

Acrylic Acid for Water Treatment

Acrylic Acid for Personal Care Products

Acrylic Acid for Other End-Use Industries

Acrylic Acid Market by Region:

North America Acrylic Acid Market

Latin America Acrylic Acid Market

Europe Acrylic Acid Market

Asia Pacific Acrylic Acid Market

Middle East and Africa Acrylic Acid Market

“Increasing demand for Super Absorbent Polymers (SAP) in Sanitary Pads Application, is one of the major factors that is anticipated to propel the industry growth over the forecast period,” remarks an FMI analyst.

Browse latest Market Reports@  https://www.futuremarketinsights.com/category/chemicals-and-materials

[qrtumb]

Global Hydrophilic Coatings Market Size, Trends, and Growth

The Global Hydrophilic Coatings Market was valued at US$12.80 billion in 2021 and it is expected to reach at US$19.20 billion in 2027 at a CAGR of 5.59% during forecast period 2022-2027.

In the presence of water or any other aqueous fluid, hydrophilic coatings absorb water and expand. The wet surfaces with hydrophilic coatings offer superior compatibility with water and biological fluids and enhance lubricity and feel during surgical, minimally invasive procedures.  

 Get a Sample Copy of this Report@ https://qualiketresearch.com/request-sample/Hydrophilic-Coatings-Market/request-sample

Market Drivers  

Hydrogels can be coated to the substrates using a variety of techniques, including spin coating, spray coating, and dip coating. Polyvinyl alcohol, polyethylene glycol, ethylene glycol di-acrylate, and other polymers are among those used in this procedure. These are used in medical equipment as well for improved operating parameters. The expansion of end-use industries combined with the rise in urbanization and population, along with these technical advances and favorable circumstances, will further accelerate the growth rate of the hydrophilic coatings market. In addition, the rising urbanization and industrialization of developing nations like China, India, and Southeast Asia will spur an increase in market value.  

Market Restraints  

The market for hydrophilic coatings will rise at a faster rate thanks to the expansion of end-use industries, as well as rising urbanization and population. In addition, the rising urbanization and industrialization of developing nations like China, India, and Southeast Asia will spur an increase in market value.  

Market Segmentation  

The global hydrophilic coatings market is segmented into substrate and end users. By substrate it segmented into polymers, glass/ceramics, metals, nanoparticles, others. By end users it segmented into medical devices, automotive, optics, aerospace, marine, others.  

Regional Analysis  

The global hydrophilic coatings market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America currently holds the greatest market share and highest revenue share due to the rising use of hydrophilic coatings in several applications, and this dominance will only continue to increase over time. Over the course of the anticipated period, Asia-Pacific is expected to have profitable growth as a result of the entry of large vehicle OEMs and growing awareness of the benefits.  

Get Discount on this Report@ https://qualiketresearch.com/request-sample/Hydrophilic-Coatings-Market/ask-for-discount

Key Players  

Various key players are listed in this report such as Eternal Materials Co., Ltd.  (Taiwan), Wacker Chemie AG (Japan) and DIC CORPORATION (Japan), Aculon. (U.S.), Biocoat Incorporated. (U.S.), Harland Medical Systems, Inc. (U.S.), Hydromer (U.S.), AdvanSource Biomaterials Corporation (U.S.), Surmodics, Inc. (U.S.), DSM (Netherlands)  

Market Taxonomy  

By Substrate  

• Polymers • Glass/Ceramics • Metals • Nanoparticles • Others  

By End Users  

• Medical Devices • Automotive • Optics • Aerospace • Marine • Others  

Key Question Addressed by the Report  

• What are the Key Opportunities in Global Hydrophilic Coatings Market? • What will be the growth rate from 2022 to 2027? • Which segment/region will have highest growth? • What are the factors that will impact/drive the Market? • What is the role of key players in the value chain? • What is the competitive Landscape in the industry?

Browse Full Report https://qualiketresearch.com/reports-details/Hydrophilic-Coatings-Market

[chemtexspecialityltd]

Use of Ethylene Glycol Antifreeze Solution in Car Radiators

The global market of automotive radiators has experienced a rapid expansion through brisk growth by creating an increasing demand for automobile heat exchangers. Car radiators dissipate heat from the engine to transfer it to the surrounding air. Antifreeze / Coolant solutions are used in these radiators which act as a medium of heat transfer. These are used for several reasons, foremost being

Temperature regulation to maintain the temperature of the engine by absorbing excess heat generated during combustion. As the coolant flows through the engine, it absorbs heat from the engine components and carries it away to the radiator.

Heat dissipation of absorbed heat from the engine, transferring the heat to the radiator, which maximizes surface area for efficient heat transfer.

Freezing and Boiling Point Protection, preventing from freezing in cold temperatures and boiling away in hot conditions. By maintaining a stable operating temperature range, coolant protects the engine from potential damage due to extreme temperatures.

Ethylene Glycol as an antifreeze solution is a proven and effective medium to reduce engine overheating.

Why Ethylene Glycol?

The reason being, its natural attribute of higher boiling point (196°C) and lower freezing point (-12°C), compared to other variant antifreeze coolants car radiators. As a result, the engine is efficiently shielded from potential harm by preventing the coolant from freezing in the winter and boiling over in the summer. Ethylene glycol also effectively transfers heat away from the engine because of its good heat transfer properties, hence recalled as tropical coolant.

Chemtex Speciality Limited specializes in formulating high performance glycol-based coolant antifreeze, supplying them globally. There are several variants, depending upon the concentration of glycol. These products provide efficient heat transfer, corrosion protection, and freeze protection, making them an excellent choice for maintaining the cooling system's optimal performance. Below listed are some of important and proven benefits.

Efficient Heat Transfer: Excellent thermal properties, which allows it to effectively absorb and transfer heat. When mixed with water, it creates a solution that can effectively carry heat away from the engine, preventing overheating and ensuring optimal engine performance.

Freeze Protection: Owing to glycol’s low freezing point, typically around -12 degrees Celsius, these coolants ensure reliable freeze protection, preventing solidification and degradation of radiator or engine components.

Boil-over Protection: In addition to freeze protection, these coolants also offer a high boiling point. This helps raise the boiling point of the coolant, reducing the risk of overheating and coolant loss during extreme operating conditions. It provides an extra safety margin, especially in high-temperature environments or during heavy engine loads.

Corrosion Inhibition: These coolants contain high quality corrosion inhibitor that protect metal components from glycol induced corrosion in cooling system, such as the radiator, water pump, and engine block. These inhibitors form a protective layer on the metal surfaces, preventing corrosion, rust, and scale formation, thus extending the lifespan of the cooling system.

Compatibility: Works well with aluminium, brass, cast iron, and copper.

These antifreeze solutions conform to JIS, IS and ASTM, making them a reliable choice for car radiators.

For more information, please visit https://www.chemtexltd.com/products-and-solutions/heat-transfer-fluid/coolant/

[chunwang233-blog]

Shenzhen Chunwang Environmental Protection Technology Co.,Ltd

https://www.desiccantdry.com/ 

Shenzhen Chunwang Environmental Protection Technology Co.,Ltd was established in 1998 , Chunwang company is a set of R&D, production and marketing enterprise, specialized in desiccants, oxygen absorbers, bamboo charcoal bag. Products range covers from silica gel desiccant, oxygen absorbers, pharmaceutical desiccant, clay desiccant, container desiccant, activated carbon desiccant,bamboo charcoal air purifier , moisture absorber , packaging materials of desiccants and others.

Our products include desiccant, oxyden scavenger, dehumidifier, air purifying bag, moth tablet, air freshener, humidity indicator card, humidity control packet and ethylene absorbers.

 Air purifying bag can be divided into car air purifying bag, shoes air purifying bag, room air purifying bag and refrigerator air purifier.

Our car air purifying bag is the most convenient, most practical and safest solution to keep your home free from any kind of unpleasant smell. Charcoal air purifying bags have a large pore diameter and strong absorption ability, can effectively remove the car formaldehyde, benzene, ammonia, TVOC and other harmful gases. Bamboo charcoal air freshener bag is made up of bamboo charcoal which is made from high-grade bamboo and fired at high temperature. Nature bamboo charcoal air purifying bag has strong adsorption capacity. It is able to purify the air, eliminate odor, absorb moisture and mold, and inhibit bacteria and insects. Bamboo charcoal air purifying bag can absorb formaldehyde, benzene, TVOC, sulfur dioxide and other harmful substances released from indoor wood-based panels, paints, adhesives and insecticides.

Room air purifying bag has sufficient size to absorb odors in cars, closets and other closed areas that tend to gather moisture and odors. Charcoal air purifying bag deodorizer can effectively eliminate formaldehyde, poisonous smell and bacteria. Air purifying bag bamboo charcoal is the easiest way to keep items fresh, dry and odor free. Bamboo charcoal bag air purifier is filled with high grade bamboo charcoal granules, inside of bamboo charcoal contains millions of tiny little pores that can attract and absorb everything out of the air like a magnetic sponge. Bamboo air purifying charcoal bag is made of super quality fabric. It has good permeability and water proof.

Shoes Air Purifying Bag can naturally eliminate odors. The charcoal bag traps excess moisture keeping your shoes, boots and sneakers dry. Best charcoal air purifying bag can absorb unwanted moisture and odor to keep gloves hygienic. Air purifying bag bamboo charcoal selected large particles bamboo charcoal or activated carbon, and it has strong adsorption capacity.

A Dehumidifier is any substance that absorbs moisture from the air, also known as a desiccant. Dehumidifier can be divided into interior dehumidifier, car dehumidifier, wardrobe dehumidifier and small space dehumidifier. Reusable dehumidifier bag is a useful kind of car dehumidifier. Interior Dehumidifiers absorb the moisture of the air under surface adsorption and capillary condensation. Dehumidifier dry box is one kind of interior dehumidifiers. Moisture absorber bag belongs to wardrobe dehumidifier which can prevent damage from excessive moisture.

Desiccant refers to a substance that can remove moisture from moist materials. Desiccant can be divided into silica gel desiccant, calcium chloride desiccant, clay desiccant, container desiccant, activated carbon desiccant, molecular sieve desiccant and fiber desiccant.

Container Desiccant can avoid the occurrence of defective products caused by excess moisture. For example, super dry desiccant can effectively control the humidity change caused by the temperature change in the container. Shipping container desiccants have strong absorption capacity, and they are widely used in agricultural products, textiles and leather, wood and paper products and so on. Packaged desiccant is made of clay and has strong absorption capacity as well.

Silica gel desiccant is a highly active adsorbent material, usually prepared by reacting sodium silicate and sulfuric acid, and undergoing a series of post-treatment processes such as aging and acid foam. For example, moisture packets have good thermal stability and strong mechanical strength. Desiccant bags for shipping containers can be used in shipping containers to absorb water vapor during marine transportation or storage and prevent the goods from being damp, moldy, rusted, and oxidized.

2-way humidity control packet is used to work together with cigars to keep it in good condition to maintain its original flavor, enjoying the cigar with the good mood. Humidity control packs are made of fiber humectant and non- woven packaging, it is eco-friendly that it is natural and safe, containing no harmful substances which does no harm to the nature and the human body.

The oxygen scavenger have a special liner that absorbs oxygen molecules in the head space of closed bottles. Oxygen scavenger agent is special designed to absorb both oxygen and carbon dioxide in the packaging. Oxygen removers food storage can remove the oxygen remaining in the bag, prevent the food from discoloration, deterioration and rancidity due to oxidative, and inhibit the growth of mold, aerobic bacteria and food pests. Oxygen scavenger packets are special designed to absorb both oxygen and carbon dioxide in the packaging.

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