#Ethylene Octene Copolymer Market Industry

[me-amaraja]

[pearlsmith25]

Polyolefin Elastomer Market Set To Witness Stunning Growth To Generate Massive Revenue and Global Forecast to 2030

Polyolefin elastomers (POEs) are a class of thermoplastic elastomers that exhibit a combination of rubber-like elasticity and the processability of plastics. They are commonly used in a wide range of applications due to their excellent physical properties, versatility, and cost-effectiveness. The polyolefin elastomer market refers to the global market for these materials, including their production, consumption, and various industry segments.

Market Overview:

The polyolefin elastomer market has been experiencing steady growth in recent years, driven by the increasing demand for flexible and lightweight materials in various end-use industries. POEs are extensively used in automotive, packaging, construction, consumer goods, electrical and electronics, and other industries due to their exceptional properties and processing advantages.

Key Market Drivers:

1. Growing Demand in the Automotive Industry: POEs are widely used in automotive applications such as interior components, weather sealing systems, hoses, gaskets, and under-the-hood applications. The automotive industry's focus on lightweighting, fuel efficiency, and reducing emissions has driven the demand for polyolefin elastomers.

2. Packaging Industry Growth: The packaging industry extensively utilizes POEs due to their flexibility, toughness, and excellent sealing properties. With the rising demand for packaged food, beverages, pharmaceuticals, and personal care products, the demand for polyolefin elastomers in packaging applications has witnessed significant growth.

3. Construction Sector Expansion: The construction industry relies on polyolefin elastomers for various applications such as roofing membranes, sealants, gaskets, and waterproofing materials. The construction sector's growth, particularly in emerging economies, has contributed to the increased demand for POEs.

4. Consumer Goods and Electronics: POEs find usage in consumer goods and electronics applications, including footwear, toys, sporting goods, cables, and electrical connectors. The growth of the consumer goods and electronics industry, coupled with the increasing disposable income of consumers, has positively impacted the polyolefin elastomer market.

5. Environmental Regulations and Sustainability: Polyolefin elastomers offer recyclability and are compatible with the growing focus on sustainability and environmental regulations. As governments and industries adopt stricter regulations and promote eco-friendly materials, the demand for POEs as a sustainable alternative to other materials is expected to increase.

Market Segmentation:

The polyolefin elastomer market can be segmented based on the following criteria:

Type: a. Ethylene Propylene Rubber (EPR) b. Ethylene Propylene Diene Rubber (EPDM) c. Polybutene-1 (PB-1) d. Ethylene-Octene Copolymers (EOC) e. Others

Application: a. Automotive b. Packaging c. Construction d. Consumer Goods e. Electrical and Electronics f. Others

Region: a. North America b. Europe c. Asia Pacific d. Latin America e. Middle East and Africa

Key Players:

The polyolefin elastomer market is highly competitive, with several major players operating globally. Some of the key players in the market include:

Exxon Mobil Corporation Mitsui Chemicals, Inc. Dow Inc. LyondellBasell Industries N.V. Sumitomo Chemical Co., Ltd. SABIC (Saudi Basic Industries Corporation) LG Chem Ltd. Borealis AG Braskem S.A. Mitsui Elastomers Singapore Pte Ltd.

These companies focus on product development, strategic collaborations, mergers and acquisitions, and expanding their market presence to gain a competitive edge.

Future Outlook:

The polyolefin elastomer market is expected to witness continued growth in the coming years. Factors such as increasing demand from end-use industries, technological advancements, and sustainability initiatives are likely to drive the market. However, challenges such as fluctuating raw material prices and competition from alternative materials may pose hurdles to market growth. Overall, the polyolefin elastomer market is projected to expand due to its versatility, cost-effectiveness, and suitability for a wide range of applications.

[avini24513]

Vehicle Analytics Market Global Industry Share, Growth, Overview and Forecast Report 2028

The global vehicle analytics market size is expected to reach USD 10.65 billion by 2028, exhibiting a CAGR of 24.06% during the forecast period. The growing demand for automotive analytics can have a tremendous impact on the global market growth, states Fortune Business Insights in a report titled “Vehicle Analytics Market, 2021-2028.” The market size stood at USD 2.03 Billion in 2020.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vehicle-analytics-market-106254

The Report Lists the Key Companies in this Market:

SAP SE

IBM Corporation

Genetec Inc

Cloud Made Ltd.

HARMAN International Industries Inc.

Intelligent Mechatronic Systems

Microsoft

Agnik LLC

Pivotal Software, Inc.

Teletrac Navman

Key Development:

April 2021: China Association of Automobile Manufacturers (CAAM) Introduced an automotive data storage platform for connected vehicles using blockchain technology.

Regional Insights:

Surging Connected Vehicle Sales to Bolster Growth in Asia Pacific

Asia Pacific is predicted to develop at the highest rate, with a CAGR of 28.1 percent during the forecast period. With increasing connected vehicle sales, China is projected to drive market growth in the region. Additionally, market development is projected to be driven by overloaded public transportation and the rising need for effective traffic control systems to ensure smooth traffic flow. Furthermore, market expansion in APAC's rising nations, such as China, India, Japan, South Korea, and others, is projected to be boosted by the increasing penetration of sophisticated technology firms and usage-based insurance. For instance, Toyota, one of the most well-known connected car manufacturers in APAC, sold 2 million vehicles in 2020.

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Competitive Landscape:

SAP SE to Dominate the Market

SAP SE, located in Germany, is a prominent provider of automotive analytics. Customers can use the company's automotive analytics software and services. With the use of online data analytics, SAP vehicle analytics software allows you to manage connected cars. Vehicle diagnostics, mobility as a service, fleet management, and analytics are all possible applications.

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[industryupdate]

Crotonic Acid-Based Thickener Enhancing Protective Ability of Glossy Emulsion Paints

Crotonic acid is one of the vital ingredients used in the production of paints and coatings, due to its ability to develop copolymers when mixed with other chemical compounds. Additionally, crotonic acid monomer is also used for the formulation of a thickener, which is utilized in the production of glossy emulsion paints. These paints provide extra glowing effects and protective coatings to the interiors and exterior of buildings. Thus, the surging use of paints and coatings, owing to the booming construction and infrastructure industries, will fuel the adoption of crotonic acid in the coming years.

Moreover, the flourishing adhesives industry will help the crotonic acid market to grow at a CAGR of 7.9% during 2021–2025. According to P&S Intelligence, the crotonic acid market revenue stood at $592.0 million in 2020 and it is projected to reach $853.7 million by 2025. Huge quantities of the acid are used as a comonomer with vinyl acetate in the adhesive sector. The copolymers resulting from this chemical reaction are used in the formulation of acids. For example, hot melt adhesives are usually developed by grafting crotonic and acrylic acids onto metallocene ethylene–octene copolymers.

Geographically, China dominated the crotonic acid market in the recent past, and it is expected to retain its dominance in the coming years as well. Additionally, the country is also expected to consume crotonic acid at the highest rate in the foreseeable future. This can be attributed to the burgeoning demand for paints, coatings, and adhesives for the repair and renovation of residential and commercial buildings in the country. Moreover, the surging use of the acid as plasticizers, fungicides, and intermediates in the chemical, agriculture, and pharmaceutical industries, respectively, will augment the consumption of crotonic acid in the country in the coming years.

Thus, expanding paints and coatings and adhesives industries and burgeoning demand for automobiles will amplify the need for crotonic acid in the foreseeable future.

[me-amaraja]

[avini24513]

Automotive Infotainment Market 2022 Size, Share, Regional Sales, Key Players, Growth and Forecast 2028

Global Automotive Infotainment Market Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Automotive Infotainment Market report.

Get a Sample Copy of the Report at – https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102676

In June 2021, the importance of the vehicles are increasing in recent years as a major of the global cars are getting more connected. The companies also taking an initiative to make in-car experience more comfortable for both drivers & passengers. For instance, pioneers and Cerence Inc. has agreed for the partnership to develop & design Conversational AI Infotainment Solutions with the innovation in H/W& S/W to transform the mobility experience.

Key players covered in the global Automotive Infotainment Market research report:

MMI navigation

Harman International Industries Inc.

Visteon Corporation

Denso Corporation

Robert Bosch GmbH

Aptiv PLC

Alpine Electronics

Pioneer Corporation

Panasonic Corporation

Mitsubishi Electric Corporation

Samsung Electronics

Drivers & Restraints

With the growing demand for lavish, safe, and smart vehicles, automobile manufacturers are developing automobiles with advanced infotainment system technology. The infotainment system offers to provide a mixture of entertainment and information for an improved in-vehicle experience. The manufacturers of technologically advanced infotainment are providing features such as pre-trip planning, parking recommendations, predictive navigations, cloud-enabling syncing, and other important features. Smartphones can be paired with car infotainment using WiFi hotspot or Bluetooth connectivity. Pairing the smartphone with the infotainment allows the user to access features on the phone. The feature allows consumers to manage outgoing, incoming, and conference calls by the infotainment.

For More Detailed Information, Speak to Our Analyst at - https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/102676

The system also allows consumers to view their contact list, mark favorite contacts, call logs, and read messages. As the smartphones are getting paired with the automotive infotainment system of the vehicle, there is rapid growth in buying a high-end model of the car with a touch screen and advanced automotive infotainment system. Thus, these factors are anticipated to boost the growth of the infotainment system market during the forecast period at a significant CAGR

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com