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techobaby · 18 days ago

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Global Plastic Injection Molding Machine Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2030

An Injection molding machine, also known as an injection press, is a machine for manufacturing plastic products by the injection molding process. It consists of two main parts, an injection unit and a clamping unit. Machines are classified primarily by the type of driving systems: hydraulic, electric, or hybrid. Instead of being driven by a hydraulic system, all-electric machines use digitally controlled, high speed and highly efficient servo motors to drive the whole process. Each axis is controlled by an independent motor for injection, extruder, clamping and ejection. According to our (Global Info Research) latest study, the global Plastic Injection Molding Machine market size was valued at USD 10370 million in 2022 and is forecast to a readjusted size of USD 12560 million by 2030 with a CAGR of 2.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. From the analysis of product segment, small and medium-sized models (clamping force ≤ 650 tons) occupy more than 90% of the market. Injection molding machines are mainly used in general plastics industry, automotive industry and home appliance industry. Haitian International, ENGEL Holding GmbH, ARBURG GmbH, Sumitomo Heavy Industries, Milacron, Wittmann Battenfeld, Fanuc, Toshiba, Nissei Plastic, Husky, JSW Plastics Machinery, Toyo, Chenhsong, Yizumi, LK Technology, Cosmos Machinery, Tederic, UBE Machinery and Windsor are the key manufacturters of Plastic Injection Molding Machine. This report is a detailed and comprehensive analysis for global Plastic Injection Molding Machine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Clamping Force and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Sample Request: https://www.reportsintellect.com/sample-request/2911740 Key Features Global Plastic Injection Molding Machine market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030 Global Plastic Injection Molding Machine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029 Global Plastic Injection Molding Machine market size and forecasts, by Clamping Force and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030 Global Plastic Injection Molding Machine market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2030

Inquire Request: https://www.reportsintellect.com/discount-request/2911740 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Plastic Injection Molding Machine To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Plastic Injection Molding Machine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Haitian International, ENGEL Holding GmbH, ARBURG GmbH, Sumitomo Heavy Industries and Milacron, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Plastic Injection Molding Machine market is split by Clamping Force and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Clamping Force, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Clamping Force Below 250T 250-650T Above 650T Market segment by Application Automotive Home Appliance General Plastic Others Major players covered Haitian International ENGEL Holding GmbH ARBURG GmbH Sumitomo Heavy Industries Milacron Wittmann Battenfeld Fanuc Toshiba Nissei Plastic Husky JSW Plastics Machinery Toyo Chenhsong Yizumi LK Technology Cosmos Machinery Tederic UBE Machinery Windsor Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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industrynewsupdates · 1 month ago

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Future of U.S. Geosynthetics Market: Insights from Industry Experts

The U.S. geosynthetics market size was estimated at USD 3.08 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2030. The U.S. is expected to account for a significant market share of the total shale gas consumption in the future on account of increasing drilling activities for shale gas and tight oil supply conditions. This is projected to positively drive the geosynthetics market in the country over the forecast period.

Geosynthetics are used for base reinforcement, separation, and stabilization of roads and pavements. Furthermore, these products also find their application in subsurface drainage systems for dewatering, road base, and structure drainage. Geotextiles are used in the strengthening of industrial units, car parks, and new roadways. The incorporation of geosynthetics entails sustainable development, a small volume of earthwork, low carbon footprint, and an increased rate of construction. The growth of the construction industry around the world, including the U.S., is expected to remain one of the key market drivers for the global geosynthetics market, further boosting the market in the U.S.

Gather more insights about the market drivers, restrains and growth of the U.S. Geosynthetics Market

Key U.S. Geosynthetics Company Insights

The market is majorly run by petrochemical manufacturers across the U.S. The competition in the market is also high due to the presence of a large number of manufacturers. Market players have established strategic partnerships with the distributors to supply their product offerings. Stringent government regulations and depleting petroleum feedstock have contributed to shifting the focus of manufacturers on renewable energy sources and prompted extensive research and development of bio-based raw materials.

Some of the prominent players in the U.S. geosynthetics market are TenCate Geosynthetics Americas; Maccaferri; Concrete Canvas Ltd.; NAUE GmbH & Co. KG; and Propex Operating Company, LLC

• NAUE GmbH & Co. KG, formerly known as Naue Fasertechnik GmbH & Co. KG, was established in 1967. It changed its name to NAUE GmbH & Co. KG in 2005. The company has its headquarters in Germany, with a global presence across North America, Asia, Europe, Australia, South America, and the Middle East & Africa.

• Maccaferri provides advanced solutions for problems related to erosion control, soil reinforcement, stabilization of the soil, and infrastructure development in application areas such as roads, railways, canals, rivers, coastal defenses, and landfills. It owns over 70 subsidiaries in over 100 countries. As of 2018, the company employed over 3,000 individuals globally.

• TENAX Group was established in 1960 and headquartered in Viganò, Italy. The company majorly specializes in extruding thermoplastic polymers. Its product range includes fences, screens, plastic nets, geogrids, and geosynthetics, which find applications in areas such as pipeline, packaging, industrial, geotechnical, gardening, fencing, construction, and agriculture.

U.S. Geosynthetics Market Report Segmentation

This report forecasts market share and revenue growth at country levels and provides an analysis of industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the U.S. geosynthetics market report based on product:

Product Outlook (Volume, Million Square Meters; Revenue, USD Billion, 2018 - 2030)

• Geotextiles

o By Raw Material

o By Product

o By Application

• Geomembranes

o By Raw Material

o By Application

o By Technology

• Geogrids

o By Raw Material

o By Application

o By Product

• Geonets

o By Raw Material

o By Application

• Geocells

o By Raw Material

o By Application

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

#U.S. Geosynthetics Market #U.S. Geosynthetics Market Size #U.S. Geosynthetics Market Share #U.S. Geosynthetics Market Analysis #U.S. Geosynthetics Market Growth

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metastatblog · 1 month ago

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Extruded Plastics Market Analysis, Size, Share, Growth, Trends, and Forecasts by 2031

The Global Extruded Plastics market stands as a testament to the resilience and adaptability inherent in the plastics industry. This market, deeply intertwined with the broader polymer sector, plays a vital role in shaping the modern world.

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.metastatinsight.com/request-sample/2597

Top Companies

Chevron Phillips Chemical Company LLC • DuPont de Nemours Inc

Exxon Mobil Corporation

Formosa Plastics Corporation

Saudi Basic Industries Corporation (SABIC) • Sigma Plastics Group

D W Plastics Ltd.

BASF SE

Celanese Corporation

China Plastic Extrusion Ltd.

Covestro AG

Eastman Chemical Company

GSH Industries

Berry Global Inc

JM EAGLE INC

As industries evolve and consumer demands shift, the Extruded Plastics market emerges as a linchpin in the production and fabrication of a myriad of everyday items.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:@https://www.metastatinsight.com/report/extruded-plastics-market

The Extruded Plastics market revolves around the extrusion process, a manufacturing technique that transforms raw plastic materials into a diverse array of products. This process involves heating raw plastic resins and forcing them through a die to create continuous profiles of varying shapes and sizes. The resulting products find applications across numerous sectors, ranging from construction and packaging to automotive and electronics.

One of the key drivers of the Global Extruded Plastics market lies in its versatility. The ability to mold plastics into complex shapes and structures, coupled with their lightweight nature, positions extruded plastics as the material of choice in an increasingly diverse range of applications. From the ubiquitous PVC pipes used in construction to the intricate profiles used in automotive components, extruded plastics have become indispensable in modern manufacturing.

The packaging industry stands out as a major consumer of extruded plastics. The demand for flexible and lightweight packaging solutions has propelled the market forward. Extruded plastic films and sheets cater to the evolving needs of the packaging sector, providing durability, cost-effectiveness, and customization options. Additionally, the rise of sustainable packaging practices has spurred innovation within the Extruded Plastics market, leading to the development of eco-friendly alternatives.

Beyond packaging, the construction industry relies heavily on extruded plastics for a spectrum of applications. Window profiles, pipes, and insulation materials exemplify the adaptability of extruded plastics in construction. The inherent durability, corrosion resistance, and thermal insulation properties make extruded plastics a preferred choice in architectural projects across the globe.

The Global Extruded Plastics market is a dynamic and integral player in the larger landscape of polymer-based industries. Its adaptability, versatility, and continual innovation underscore its significance in shaping various sectors. As the world progresses, the Extruded Plastics market will undoubtedly remain at the forefront of material technology, contributing to the creation of a wide array of products that define our modern way of life.

Global Extruded Plastics market is estimated to reach $310.2 Million by 2031; growing at a CAGR of 4.4% from 2024 to 2031.

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#ExtrudedPlastics #ExtrudedPlasticsmarket #ExtrudedPlasticsindustry #marketsize #marketgrowth #marketforecast #marketanalysis #marketdemand #marketreport #marketresearch

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global-research-report · 1 month ago

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Powering Circular Economies: The Rise of Recycling Equipment

The global recycling equipment market size is expected to reach USD 40.69 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2024 to 2030. Growing concerns pertaining to the depletion of non-renewable resources, along with the high production cost of primary materials such as metals and plastic is anticipated to augment the demand for recycling equipment.

The advent of modern technologies has been demonstrated to be effective, in terms of detecting different types of materials. The increasing necessity for scrap has forced scrap yards to set up technologically advanced recycling equipment. For instance, large recycling facilities have installed sensors to identify metals through infrared scanning and x-rays.

The increasing demand for recycled metals from the automotive, construction, electronics, and food and beverage industries on account of the product’s environment-friendly nature and ability to reduce the cost of production, energy consumption, and emissions, thereby boosting the demand for recycling equipment over the forecast period.

Increasing use of plastics coupled with poor end-of-life waste management has resulted in widespread plastic pollution. Plastic pollution has a severe impact on the environment as well as human health. Thus, the recycling of plastics is expected to play a crucial role over the coming years, resulting high demand for recycling equipment to produce recycled plastics.

The recycling equipment market is fragmented with key manufacturers striving for market leadership. Key players are expected to concentrate on forward integration to increase their profits and expand their regional presence. Manufacturers are anticipated to collaborate with engineering solution providers to offer high-quality product solutions at reasonable prices.

Recycling Equipment Market Report Highlights

The baler press equipment segment is likely to dominate the market in 2023, as it is used for compressing various recycling materials such as cardboard, paper, plastic, aluminum, and non-ferrous metals into dense bundles known as bales

The plastic segment is estimated to witness a CAGR of 6.1% over the forecast period owing to the rising use of plastics coupled with poor end-of-life waste management has resulted in plastic pollution due to which demand for recycled plastic is increasing

Asia Pacific accounted for 39.9% of the global revenue share in 2023, owing to the increased industrial construction and infrastructure activities in emerging nations such as India, China, Vietnam, and Thailand

The recycling equipment demand in India is expected to witness a CAGR of 6.3% from 2024 to 2030, owing to the new regulations and initiatives by the government of India regarding recycling waste

Strategies adopted by companies in the recycling equipment market usually include expansion of product portfolio and distribution network, new product development, and technological advancements

Recycling Equipment Market Segmentation

Grand View Research has segmented the global recycling equipment market on the basis of equipment, processed material, and region:

Recycling Equipment Outlook (Revenue, USD Million, 2018 - 2030)

Baler Press

Shredders

Granulators

Agglomerators

Shears

Separators

Extruders

Others

Recycling Equipment Processed Material Outlook (Revenue, USD Million, 2018 - 2030)

Metal

Plastic

Construction Waste

Paper

Rubber

Others

Recycling Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Spain

Italy

Asia Pacific

China

India

Japan

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

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

#Recycling Equipment Market

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suryakantd · 2 months ago

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Extrusion Sheet Market Size, Share, Trends, Growth, Key Players, Report and Forecast 2025-2037

Research Nester assesses the growth and market size of the global extrusion sheet market which is anticipated to be on account of the growing adoption in the end use industries.

Research Nester’s recent market research analysis on “Extrusion Sheet Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and a detailed overview of the global extrusion sheet market in terms of market segmentation by material type, application, end use, and by region.

Growing Demand for Lightweight and High-strength Materials to Promote Global Market Share of Extrusion Sheet

The global extrusion sheet market is estimated to grow majorly due to the increased integration of lightweight materials in the automotive industry. Automobile manufacturers have been under constant pressure to lower vehicle weight to boost fuel economy and comply with stringent pollution regulations. This has raised the need for durable yet lightweight materials like magnesium, aluminum, and high-performance polymers in the automotive industry. Extruded sheets made of these materials have grown in popularity as appealing substitutes for conventional steel components due to their energy absorption, flexibility in design, and resilience to corrosion.

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6446

To reduce the weight of aircraft, the aerospace industry is increasingly using extruded sheets of magnesium and aluminum in airframe components. Extruded thin sheets are being used more often in the transportation and logistics sectors as a result of the emphasis on fuel efficiency and payload capabilities.

Some of the major growth factors and challenges that are associated with the growth of the global extrusion sheet market are:

Growth Drivers:

Technological advancements in extrusion sheets

Growing focus on the use of recyclable plastic materials

Challenges:

The market is characterized by fierce competition from long-standing competitors and recent newcomers. There are substantial financial obstacles for newcomers to overcome when starting production facilities. However, many new competitors can maintain competitive rates, which put a lot of pressure on prices. Prices are being hard negotiated by buyers, reducing manufacturers' profits. There is fierce competition among key players in the worldwide extrusion sheet market, with none holding a dominant position.

By materials type, the global extrusion sheet market is segmented into polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), and acrylonitrile butadiene styrene (ABS). The polypropylene (PP) segment is expected to garner the highest revenue by the end of 2037 by growing at a significant CAGR over the forecast period. The segment's expansion can be ascribed to its affordability and robustness. The sheets' resilience allows them to maintain their mechanical characteristics and original shape even after being bent and stretched repeatedly. This makes them ideal for continuous usage in industrial, packaging, and construction settings.

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Furthermore, PP sheets are less costly than sheets made of ABS, PVC, and polyethylene, among other polymers. They ask for less money upfront and for continuous production. It is also less expensive to recycle PP than it is to recycle other plastics. Owing to its durability and inexpensive production costs, PP provides customers with outstanding value for their money. These qualities make PP function better than other plastics and promote its widespread application across various industries.

By region, the Europe extrusion sheet market is poised to generate the highest revenue by the end of 2037. The market in Europe is characterized by a significant preference for eco-friendly and sustainable materials in response to the strict environmental regulations in the area. This has accelerated the creation and uptake of biodegradable and recycled extrusion sheets, especially in the packaging and automotive industries. Moreover, the region’s emphasis on updating its infrastructure is bolstered by the growing usage of plastic extrusion sheets for roofing and glazing in residential and commercial buildings.

This report also provides the existing competitive scenario of some of the key players which includes Owens Corning, Formosa Platsics Corporation, Karton S.p.A., Arla Plast AB, SML Maschinengesellschaft mbH, Corex Plastics Pty Ltd, Covestro AG, DS Smith plc, Evonik Industries AG, Ensinger GmbH, and others.

Access our detailed report @ https://www.researchnester.com/reports/extrusion-sheet-market/6446

About Research Nester-

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: [email protected]

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

#Extrusion Sheet Market

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umadeochake · 2 months ago

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Extrusion Sheet Market 2025: Key Trends, Progression Status and Business Trends to 2037

Research Nester assesses the growth and market size of the global extrusion sheet market which is anticipated to be on account of the growing adoption in the end use industries.

Growing Demand for Lightweight and High-strength Materials to Promote Global Market Share of Extrusion Sheet

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6446

Some of the major growth factors and challenges that are associated with the growth of the global extrusion sheet market are:

Growth Drivers:

Technological advancements in extrusion sheets

Growing focus on the use of recyclable plastic materials

Challenges:

Request for Customization @ https://www.researchnester.com/customized-reports-6446

Access the detailed report @ https://www.researchnester.com/reports/extrusion-sheet-market/6446

About Research Nester-

Contact for more Info:

AJ Daniel

Email: [email protected]

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

#Extrusion Sheet Market

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marketingreportz · 3 months ago

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3D Printing Plastic Market,Industry Forecast, 2024–2030.

3D Printing Plastic Market size is forecast to reach $3,004.71 million by 2030, after growing at a CAGR of 17.1% during 2024–2030. Globally, the demand for 3D printing plastic is rising from various application sectors such as aerospace and defense, electrical and electronics, and healthcare, by reducing the efforts, time, and costs incurred in the project. The increasing demand for 3D printing plastic from various industries, such as aerospace, automotive, healthcare, and electronics, for applications such as prototyping, tooling, and functional parts. The cost-effectiveness, strength, durability, and versatility of 3D printing plastic compared to other materials. The development of new types and grades of 3D printing plastic, such as biodegradable, conductive, and flexible plastics. The increasing use of photopolymers and polyamide (nylon) materials in 3D printing owing to its alluring properties is estimated to drive the 3D printing plastics market growth. Furthermore, the development of innovative, stronger, lighter, and safer components and parts with lower lead times and costs is anticipated to create new opportunities for the growth of the global 3D printing plastic industry in the forecast period.

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Covid-19 Impact

The rise in positive COVID-19 cases worldwide generated a huge demand for the 3D printing plastics market from the healthcare sector. The market for medical components such as face shields, masks, ventilator vales, and others has seen an upsurge since the outbreak of COVID-19. Owing to the COVID-19 palindrome the increasing demand of medical components from across the globe, has also increased the demand for 3D printing adoption in various regions.

Market Snapshot :-

3D Printing Plastic Market Report Coverage

The: “3D Printing Plastic Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D Printing Plastic Market. By Form: Filament, Ink, and Powder.

By Type: Polycarbonates, Photopolymers, Acrylonitrile Butadiene Styrene (ABS), Polyamide/Nylon, Polylactic Acid, Polyethylene Terephthalate (PET), Glycolized polyester (PETG), High Performance Polymers, and Others.

By Application: Prototyping, Automotive, Healthcare, Consumer Goods, Aerospace & Defence, Electrical & Electronics, and Others.

By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle east and Africa).

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Key Takeaways

The rising demand for laser sintering technology by engineers and manufacturers in various commercial sectors will increase the demand for polyamide (nylon), which is further expected to drive the 3D printing plastic industry growth.

Owing to the ability of the plastic being shaped easily, they are used in the initial stages of the onset of 3D printers. Very recently, NASA has been using space-based 3D printers with plastic as the key material for space-based objects.

Also, the rise of the automobile industry is set to hold the market for 3D printing plastics at its height in the years to come. Quick advances in diverse materials and technology are allowing the industry to gain momentum.

For more details on this report — Request for Sample

3D Printing Plastic Market Segment Analysis — By Form

Filament form is widely used in the 3D Printing Plastic Market. They are only manufactured and consumed in two diameters, namely 1.75 mm and 3 mm. By using the process of heating, extruding and cooling plastic, filament form is produced to turn nurdles into finished product. Thus, it is possible to dye these filaments in various colours. Also, due to their flexible properties there is an increase in demand from several application industries such as food packaging, tableware, upholstery, and disposable clothing.

3D Printing Plastic Market Segment Analysis — By Type

Polyamide/Nylon segment held the largest share in the 3D Printing Plastic Market in 2023. Nylon (known as polyamide) is a synthetic linear polyamide thermoplastic and is a well-known 3D printing filament owing to its stability, toughness, low friction and corrosion resistance. Nylon is also a common substance used in the manufacture of clothing and accessories. Due to its improved strength and elasticity over PLA and ABS, Nylon is ideal for manufacturing uses, such as machine parts or equipment, or the replacement of automotive parts. As compared to ABS and PLA Nylon is tougher and more resistant to chemicals, but its poor strength and hardness prohibits it from being commonly used in the manufacturing industry. With the increasing demand for nylon the market for 3D printing plastic is also estimated to rise in the forecast period.

3D Printing Plastic Market Segment Analysis — By Application

Prototyping segment held the largest share in the 3D Printing Plastic Market in 2023 and is projected to grow at a CAGR of 17.1% during the forecast period 2024–2030. Creating a concept can be a costly and slow process. Fortunately, certain methods are available to help you enhance the product creation process, helping to make high-quality prototypes at a cheaper cost. From office to the factory floor, 3D printers produce plastic concept models, precision and practical prototypes, master patterns and actual end-use components for refining every project, streamlining the workflows and getting creative products to the market quicker. Besides, 3D printing plastic is the best solution for designing the prototypes. By beginning to create the 3D printing project, one will have access to a wide variety of efficient 3D printing supplies, saving time and resources. Thus, rising usage of 3D printing plastic for prototyping applications is set to drive the market growth over the forecast period.

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3D Printing Plastic Market Segment Analysis — By Geography

North America held the largest share with 51% in 3D Printing Plastic Market in 2023 Due to the increasing demand for 3D printing plastics in medical devices and equipment, and the increasing adoption of 3D printing technology in U.S., Canada, Mexico and various other countries in the region is set to drive the market growth in the upcoming future. According to the U.S. Department of Health and Human Services, the Fiscal Year (FY) 2023 budget represents the responsibilities of the U.S. government to advance a patient-centered healthcare system. The budget proposes a discretionary budget authority of $96.1 billion and mandatory support for Health and Human Services of $1.86 trillion.Thus, the rising investments by the government in the healthcare sector are estimated to boost the 3D Printing Plastic Market growth in the forecast period.

3D Printing Plastic Market Drivers

Rising Demand for 3D Printing Plastic from the Healthcare Industry

Rising usage of 3D printing plastic in the healthcare sector is driving the market growth. Key factors driving demand in the medical industry for 3D printing plastics include cost-effectiveness, ease of customization, as well as the rising occurrence of vascular and osteoarthritis diseases. Polyamide or nylon is often used for injection molding in medical device owing to its inflexible nature, strength, chemical compatibility, and temperature resilience. Increasing use of photopolymers for high-resolution, ultra-fine parts in medical devices will also drive the market growth. Moreover, the market demand in medical applications is expected to be fueled by advanced 3D technology, favorable government funding, and rapid product growth. According to the India Brand Equity Foundation, the government of India aims to increase the healthcare spending to 3% of the GDP by 2022, which means the healthcare sector will rise three-fold to Rs. 8.6 trillion (US$ 133.44 billion). Hence, the growing demand for 3D printing plastic from the healthcare sector will raise the growth for 3D Printing Plastic Market in the forecast period.

Increasing Demand for Biodegradable Materials for 3D printing

The growing need for the “green” alternative to traditional polymers has propelled the demand for polylactic acid in the 3D printing plastic industry. Since, polylactic acid is very inexpensive, easy to print, and produces components that can be used for a wide variety of applications, it is the ideal first material to be used in 3D printing. It is also one of the most environmental friendly products made from crops such as corn and cane that are used today. This material is thermoplastic aliphatic polyester and is the predominant natural raw material that consists of recycled raw materials used in 3D printing plastics. For most extrusion-based 3D printing, polylactic acid is also the default filament of choice, since it can be printed at low temperatures and does not require a heated bed. Thus, with the rising demand for biodegradable materials the growth for 3D printing plastics market is estimated to rise in the forecast period.

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3D Printing Plastic Market Challenges

Environmental Issues Regarding 3D Printing Plastic Materials will Hamper the Market Growth

Over the last few years, one environmental issue has gradually stolen the spotlight that is plastic pollution. The reliance on plastics-especially single-use plastics-is now one of the world’s leading environmental concerns. 3D printing uses the flexible, durable design of plastics in a wide variety of applications, from aerospace to healthcare. Polyethylene terephthalate (PET) is one of the most common filaments used in plastics such as bottles of disposable beverages and food packaging. Other filaments include polycarbonate and ABS: both are relatively inexpensive, flexible and easy to manufacture. Unfortunately, these materials are not commonly recyclable and so any waste generated in the printing process would find its way to the landfill or to the natural environment. Thus, rising environmental concerns due to the use of various 3D printing plastics is estimated to hinder the 3D printing plastics market growth.

3D Printing Plastic Market Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D Printing Plastic Market. Major players in the 3D Printing Plastic Market are:

3D Systems Corporation

Arkema SA

Stratasys, Ltd.

Evonik Industries AG

HP Inc.

SABIC

DowDuPont Inc.

EOS GmbH Electro Optical Systems

Solvay

Royal DSM N.V., among others.

Acquisitions/Technology Launches

In March 2023, BASF SE acquired Sculpteo, a French online 3D printing service provider, to expand its 3D printing solutions portfolio and customer base.

In February 2023, Arkema acquired Lambson, a UK-based company that specializes in photo initiators for 3D printing, to strengthen its position in the 3D printing market and offer innovative solutions for UV-curable resins.

In January 2023, Stratasys Ltd. acquired Origin, a US-based company that develops 3D printers and materials for mass production, to enhance its capabilities in the fast-growing segment of end-use parts.

In December 2022, Evonik Industries AG acquired 3D Printing Materials, a US-based company that produces high-performance thermoplastics for 3D printing, to broaden its product portfolio and customer base in the additive manufacturing market.

For more Chemicals and Materials Market reports, please click here

#3DPrinting #AdditiveManufacturing #3DPrintMaterials #PLA #3DPrintedDesigns

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insightsresearch · 3 months ago

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A Deep Dive into the Extrusion Sheet Market

Analysis of Extrusion Sheet Market Size by Research Nester Reveals the Market to Grow with a CAGR of 6.8% During 2025-2037 and Attain USD 273.2 billion by 2037.Research Nester assesses the growth and market size of the global extrusion sheet market which is anticipated to be on account of the growing adoption in the end use industries.

Research Nester’s recent market research analysis on “Extrusion Sheet Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitor’s analysis and a detailed overview of the global extrusion sheet market in terms of market segmentation by material type, application, end use, and by region.

Growing Demand for Lightweight and High-strength Materials to Promote Global Market Share of Extrusion Sheet

Some of the major growth factors and challenges that are associated with the growth of the global extrusion sheet market are:

Growth Drivers:

Technological advancements in extrusion sheets

Growing focus on the use of recyclable plastic materials

Challenges:

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tamanna31 · 6 months ago

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Thermoplastic Vulcanizates Market Outlook, Research, Trends and Forecast to 2030

Thermoplastic Vulcanizates Industry Overview

The global thermoplastic vulcanizates market size was estimated at USD 1.65 billion in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030. The market for thermoplastic vulcanizates (TPV) is expected to grow during the forecast period due to rising demand for lightweight, environmentally friendly solutions that offer exceptional durability as well as increased safety. High-performance elastomers known as thermoplastic vulcanizates (TPV) provide exceptional flexibility, processing ease, durability, and resistance to heat, fluids, and chemicals. Due to these qualities, they may be used to create lightweight automobile parts, including car doors, weather seals, and engine-related elements.

Thermoplastic Vulcanizates (TPV) are now increasingly being used as an alternative to PVC plastic due to several stringent regulations regarding the use of polyvinyl chloride (PVC) in the automotive industry, which in turn is expected to increase market demand in the coming years. In addition, a strong shift towards replacing metals with lightweight materials such as thermoplastic vulcanizates (TPV) to improve fuel efficiency in automobiles is expected to increase demand for thermoplastic vulcanizates (TPV) during the forecast period. TPVs are widely used for making automobiles' interior and exterior components, such as wiper systems, air guides and dams, spoilers and trims, and flappers. The inclination of consumers toward fuel-efficient vehicles across the globe is leading to rising demand for TPV in the automotive application and is expected to drive market growth over the forecast period.

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

Favorable federal regulations set by agencies such as the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) on carbon emissions, along with EU initiatives to develop a TPV app to build light and fuel-efficient vehicles, are likely to boost market growth. The high raw material costs associated with EPDM are expected to hinder profitability.

Favorable government policies for encouraging lightweight and recyclable material applications in various industries including automotive and construction are expected to support the demand for thermoplastic vulcanizates over the forecast period. The investment of USD 2 trillion by the U.S. government as a part of the coronavirus responsible for the development of infrastructure, including hospital building and construction, is expected to further propel the demand for thermoplastic vulcanizates (TPV) in medical and fluid handling applications in the coming years.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The North America tin cannabis packaging market size was estimated at USD 75.91 million in 2023 and is projected to grow at a CAGR of 12.8% from 2024 to 2030.

The global BOPP dielectric films market size was estimated at USD 1.51 billion in 2023 and is projected to grow at a CAGR of 31.5% from 2024 to 2030.

Key Thermoplastic Vulcanizates Company Insights

Key companies are adopting several organic and inorganic growth strategies, such as new product development, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

In August 2023, Teknor Apex Company, Inc. announced the launch of its new Sarlink RX 3100B Series of TPVs containing up to 40% recycled content. These multi-purpose TPVs are suitable for various automotive applications, such as extruded seals, and offer sustainability benefits by reducing dependency on virgin petroleum-based plastics. The two new grades, with 84 Shore A and 94 Shore A hardness, are based on the existing Sarlink 3100 Series technology but incorporate post-industrial recycled (PIR) content, which provides a more controlled and consistent raw material stream compared to post-consumer recycled (PCR) content.

Key Thermoplastic Vulcanizates Companies:

The following are the leading companies in the thermoplastic vulcanizates market. These companies collectively hold the largest market share and dictate industry trends.

Dawn Polymer

Ravago Manufacturing.

RTP Company

DuPont de Nemours, Inc.

Mitsui Chemicals Inc.

Celanese Corp.

LyondellBasell Industries Holdings B.V.

Mitsubishi Chemical Corp.

KRAIBURG TPE GmbH & Co. KG

Teknor Apex Company, Inc.

Trinseo

Hexpol AB

JSR Corporation

Zeon Corporation.

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

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priyanshisingh · 7 months ago

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Aluminum Extrusion Market Forecast and Analysis Report (2023-2032)

The Aluminum Extrusion Market is projected to grow from USD 81,423.94 million in 2023 to an estimated USD 162,766.83 million by 2032, with a compound annual growth rate (CAGR) of 8.00% from 2024 to 2032.

Aluminum extrusion is a manufacturing process that involves forcing aluminum alloy material through a die with a specific cross-sectional profile. During this process, the aluminum is heated and then pushed through the die, which shapes it into the desired form. This method is highly versatile, allowing for the creation of a wide range of complex and precise shapes that are lightweight, strong, and resistant to corrosion. Aluminum extrusions are used extensively in various industries, including construction, automotive, aerospace, and electronics, due to their excellent strength-to-weight ratio, durability, and ability to be easily fabricated and machined. The process also supports sustainable manufacturing practices, as aluminum is highly recyclable and retains its properties after being recycled.

The Aluminum Extrusion Market faces several challenges that impact its growth and development. These challenges include:

1. Raw Material Price Volatility

Issue: Fluctuations in the prices of raw aluminum due to market dynamics, geopolitical factors, and supply chain disruptions can lead to unpredictable costs for manufacturers.

Impact: This price volatility can affect profit margins and make it difficult for companies to plan long-term investments and pricing strategies.

2. Energy Consumption and Environmental Concerns

Issue: The aluminum extrusion process is energy-intensive, contributing to high operational costs and significant carbon emissions.

Impact: Increasing regulatory pressure to reduce carbon footprints and the need for more sustainable practices can lead to higher compliance costs and necessitate investments in energy-efficient technologies.

3. Competition from Alternative Materials

Issue: The market faces competition from alternative materials such as composites, plastics, and other metals that may offer similar or superior properties for certain applications.

Impact: This competition can limit market growth and force aluminum extruders to innovate and improve the performance and cost-effectiveness of their products.

4. Technical Challenges and Innovation Requirements

Issue: The need for constant innovation to meet the evolving demands of industries such as automotive, aerospace, and construction requires significant investment in research and development.

Impact: Smaller companies may struggle to keep up with these demands, leading to potential market consolidation and a competitive disadvantage for less innovative firms.

5. Supply Chain Disruptions

Issue: Global supply chain disruptions, such as those caused by the COVID-19 pandemic, can affect the availability of raw materials and components, leading to delays and increased costs.

Impact: These disruptions can impede production schedules and affect the ability to meet customer demands in a timely manner.

6. Skilled Labor Shortage

Issue: There is a shortage of skilled labor in the manufacturing sector, including in the aluminum extrusion industry.

Impact: This labor shortage can hinder production efficiency, increase labor costs, and affect the quality of the extruded products.

7. Compliance with Stringent Regulations

Issue: The industry must comply with stringent regulations related to environmental protection, occupational safety, and product standards.

Impact: Compliance can be costly and time-consuming, particularly for companies operating in multiple regions with varying regulatory requirements.

8. Economic Uncertainty

Issue: Economic downturns and uncertainties can reduce demand for aluminum extrusions in key industries such as construction and automotive.

Impact: Reduced demand can lead to lower production volumes, affecting profitability and leading to potential workforce reductions or plant closures.

9. Technological Integration

Issue: The integration of advanced technologies such as automation, IoT, and Industry 4.0 in the extrusion process requires significant investment and technical expertise.

Impact: Companies that fail to adopt these technologies may fall behind in terms of efficiency and product quality, impacting their competitive position in the market.

Key players

Arconic Corp.

Bahrain Aluminum Extrusion Company

Constellium N.V.

Gulf Extrusions Co. LLC

Hindalco Industries Ltd.

Kaiser Aluminum

Norsk Hydro ASA

QALEX

More About Report- https://www.credenceresearch.com/report/aluminum-extrusion-market

The Aluminum Extrusion Market is characterized by intense competition among key players, each striving to expand their market share through innovation, strategic partnerships, and geographic expansion. The competitive landscape includes a mix of large multinational corporations and smaller regional players. Here is a competitive analysis of the aluminum extrusion market:

Competitive Strategies

Innovation and R&D

Companies are investing heavily in research and development to create new and improved aluminum extrusion products that meet the evolving needs of various industries, including automotive, aerospace, and construction.

Innovation in lightweight and high-strength alloys, as well as advancements in manufacturing processes, are key focus areas.

Sustainability Initiatives

Increasing focus on sustainability is driving companies to adopt eco-friendly practices and develop recyclable and energy-efficient products.

Companies are investing in renewable energy sources and implementing measures to reduce their carbon footprint.

Strategic Acquisitions and Partnerships

Mergers, acquisitions, and strategic partnerships are common strategies to enhance market presence, expand product portfolios, and gain access to new markets and technologies.

Collaborations with downstream customers and suppliers help in creating integrated value chains and improving product offerings.

Geographic Expansion

Expanding operations into emerging markets in Asia Pacific, Latin America, and the Middle East and Africa to tap into the growing demand for aluminum extrusions in these regions.

Establishing new manufacturing facilities and distribution networks to better serve local markets and reduce lead times.

Customization and Customer Focus

Offering customized solutions to meet specific customer requirements, enhancing customer satisfaction and loyalty.

Providing value-added services such as design assistance, technical support, and after-sales service.

Market Challenges and Competitive Pressure

Price Competition: Intense price competition among players, particularly from low-cost producers in emerging markets, puts pressure on profit margins.

Technological Advancements: Rapid technological changes require continuous investment in new technologies, which can be challenging for smaller players.

Regulatory Compliance: Adherence to stringent environmental and safety regulations requires ongoing investment and can be a barrier for new entrants.

Opportunities

Growing Demand in Automotive and Aerospace Industries: Increasing use of aluminum extrusions in lightweight vehicles and aircraft offers significant growth opportunities.

Renewable Energy Sector: Rising demand for aluminum extrusions in solar panel frames and other renewable energy applications.

Construction Industry: Expansion of the construction sector, particularly in developing regions, drives demand for aluminum extrusions in building and infrastructure projects.

Segments

Based on Product

Shapes

Rods and Bars

Pipes and Tubes

Based on Application

Building & Construction

Automotive & Transportation

Consumer Goods

Electrical & Energy

Other Applications

Browse the full report – https://www.credenceresearch.com/report/aluminum-extrusion-market

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Email: [email protected]

Website: https://www.credenceresearch.com

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bhavesh2022 · 10 months ago

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Europe Medical Tubing Market Forecast Size Estimated to Observe Significant Growth by 2028

Business Market Insights recently announced the release of the market research titled Europe Medical Tubing Market Outlook to 2028 | Share, Size, and Growth. The report is a stop solution for companies operating in the Europe Medical Tubing market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.

Is Investing in the Market Research Worth It?

Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Europe Medical Tubing Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.

A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, Business Market Insights is helping brands unlock revenue opportunities in the Europe Medical Tubing market.

If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Europe Medical Tubing market research has all that you need.

What are Key Offerings Under this Europe Medical Tubing Market Research?

Global Europe Medical Tubing market summary, current and future Europe Medical Tubing market size

Market Competition in Terms of Key Market Players, their Revenue, and their Share

Economic Impact on the Industry

Europe Medical Tubing Market Analysis by Application

Production, Revenue (value), Price Trend

Cost Investigation and Consumer Insights

Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers

Production, Revenue (Value) by Geographical Segmentation

Marketing Strategy Comprehension, Distributors and Traders

Global Europe Medical Tubing Market Forecast

Study on Market Research Factors

Who are the Major Market Players in the Europe Medical Tubing Market?

Europe Medical Tubing market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Europe Medical Tubing market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Europe Medical Tubing market share.

Report Attributes

Details

Segmental Coverage

Material

Polyvinyl Chloride (PVC)

Polyimide/Nylons

PTFE/Thermoplastic Elastomers (TPES)

Thermoplastic Polyurethanes (TPUS)

Polyvinylidene Fluoride (PVDF)

Polypropylene and Polyethylene

Silicon

and Other

Others

Structure

Single-Lumen

Multi-Lumen

Multi-Layer Extruded Tubing

Tapered or Bump Tubing

Braided Tubing

Balloon Tubing

Corrugated Tubing

Heat Shrink Tubing

and Others

Others

Application

Bulk Disposable Tubing

Catheter & Cannula

Drug Delivery System

and Others

Others

End User

Hospitals and Clinics

Ambulatory Care Centres

Medical Device Companies

Laboratories

and Others

Others

Regional and Country Coverage

North America

Canada

Mexico

Europe

Germany

France

Russia

Italy

Rest of Europe

Asia Pacific

China

India

Japan

Australia

Rest of APAC

South / South & Central America

Brazil

Argentina

Rest of South/South & Central America

Middle East & Africa

South Africa

Saudi Arabia

UAE

Rest of MEA

Market Leaders and Key Company Profiles

Compagnie de Saint Gobain SA, Nordson Corp, Optinova AB, Spectrum Plastics Group Inc, TE Connectivity Ltd, Trelleborg AB , and other key companies

What are Perks for Buyers?

The research will guide you in decisions and technology trends to adopt in the projected period.

Take effective Europe Medical Tubing market growth decisions and stay ahead of competitors

Improve product/services and marketing strategies.

Unlock suitable market entry tactics and ways to sustain in the market

Knowing market players can help you in planning future mergers and acquisitions

Visual representation of data by our team makes it easier to interpret and present the data further to investors, and your other stakeholders.

Do We Offer Customized Insights? Yes, We Do!

Business Market Insights offer customized insights based on the client’s requirements. The following are some customizations our clients frequently ask for:

The Europe Medical Tubing market report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Author’s Bio: Bhavesh Shinde Senior Market Research Expert at Business Market Insights

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tritonmarketresearchamey · 10 months ago

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Thermoplastic Elastomers Market: Top 3 Industrial Applications

According to UNEP, energy accounts for approximately 60%of global greenhouse gas emissions, making energy efficiency a top priority across various industries. In this context, thermoplastic elastomers (TPEs) have emerged as a viable solution, reducing energy consumption by nearly 75%. They have gained recognition among product developers and designers as an advanced alternative to thermoset elastomers. Triton’s estimates suggest that the global thermoplastic elastomers market is expected to grow at a CAGR of 6.37% in revenue and 2.61% in volume during 2023-2030.

Another significant factor is the increasing trend of 3D printing. Due to their durable, flexible, chemically resistant, and user-friendly properties, TPEs serve as filaments in additive manufacturing methods like selective laser sintering (SLS) and fused deposition modeling (FDM). For instance, renowned companies such as New Balance, Under Armour, and Nike have adopted thermoplastic polyurethane-based 3D printing for robust and flexible midsoles.

In this blog, we’ll explore the wide-ranging applications of TPEs and their significant presence in the top three industries.

· Automotive:

In terms of industrial vertical, automotive leads with $9325.51 million

These high-performance polymers have gained significant traction in the automotive industry. Polystyrene TPE, for example, is used in multiple auto parts like instrument panels, wheel covers, dashboard elements, pillar trims, door liners, seat belt components, etc. These plastics, unlike metals, are cost-effective and improve vehicle energy efficiency by reducing weight.

Moreover, their lightweight quality boosts vehicle fuel efficiency, with a 10% weight reduction translating to 5-7% lower fuel consumption. This has prompted TPE manufacturers like Covestro AG to introduce new production lines for high-performance thermoplastic polyurethanes to produce paint production films.

Regional Focus: Asia-Pacific set to be the fastest-growing region at 6.46%

Asia-Pacific is the world’s largest automotive producer, with China, India, Japan, and Indonesia leading the way. Nations like India and Indonesia are attracting investments in locomotive and high-speed rail manufacturing, further bolstering the demand for TPE in the region. Additionally, China is actively boosting production, aiming for 7 million annually by 2025, constituting 20% of total new car production. This surge in EV production is set to drive demand for polyurethane and polystyrene in automotive applications, driving the Asia-Pacific thermoplastic elastomers market.

· Electrical & Electronics:

Thermoplastic elastomers are preferred for electrical insulation due to their strength, flexibility, and resistance to corrosive substances like acids. Besides this, TPE composites, including polycarbonate, enhance impact and flame resistance in electronic devices and household appliances. Given these benefits, several companies have entered into partnerships or acquisitions to expand their footing. For example,

- Arkema SA acquired Polytec PT in May 2023 to expand offerings and serve the electronics sector. - Avient Corporation collaborated with BASF SE to offer colored grades of Ultrason® high-performance polymers to provide users in the electrical & electronics sector with comprehensive technical support.

Widely Employed Material Type:

Thermoplastic polyolefin serves multiple purposes in the sector, finding use in low-voltage wire and extruded hoses. TPOs are preferred over TPVs in wire and cable applications due to their cost-effectiveness, excellent electrical properties, and temperature versatility. As per Triton’s report, polyolefin is expected to register a CAGR of 6.30% during the forecast period 2023-2030 in terms of material type.

· Adhesives & Sealants:

Thermoplastic elastomers have gained popularity in providing strong bonds and flexibility without mixing or high-temperature curing. Since TPE adhesive grades offer durability, electrical insulation, and chemical and water resistance, companies strive to expand footing in the adhesives sector. Arkema SA, for instance, acquired Ashland’s performance adhesive branch in February 2022 to strengthen its adhesives solutions segment.

Regional Analysis: Asia-Pacific dominates the market based on volume

In Asia-Pacific, China dominates paint and coating production, while India is experiencing robust growth due to rapid industrialization and construction activities. Besides this, thermoplastic elastomer manufacturers are expanding in ASEAN countries like Thailand. Hence, the region’s expanding position in adhesive and sealant production fuels the region’s market, spearheaded by China.

Regulations & Shortages Prompt Innovation

Due to increasingly stringent environmental regulations and sustainability goals, elastomer manufacturers are compelled to create more recyclable tire options. This has led to a noticeable shift towards sustainable TPE materials, including bio-based TPEs. Shortages in raw materials further exacerbate the need for recyclable products. Notably, China has witnessed a significant increase in recycled rubber production, capturing more than 80% of the global production landscape.

In summary, the growing demand for eco-friendly solutions, regulatory pressures, and raw material shortages have spurred the adoption of TPEs as an effective means to reduce costs associated with waste tire management. Looking ahead, the industrial commitment to resource efficiency is expected to create lucrative opportunities within the thermoplastic elastomers market.

FAQs:

Q1) How big is the thermoplastic elastomers market in terms of volume?

Based on volume, the thermoplastic elastomers market recorded 7298.81 kilotons in 2022, expected to advance with a CAGR of 2.61% during 2023-2030.

Q2) Which are the 5 key thermoplastic elastomers?

Five key TPEs are polystyrene, polyamide, polyolefin, polyurethane, and elastomeric alloy.

#ThermoplasticElastomersMarket #ThermoplasticElastomers #Thermoplastic #tritonmarketresearch #marketresearchreports

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coherentmarketinsights · 10 months ago

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Beyond Boundaries: Super Blowing Agents Redefining Foam Applications

Blowing Agents Market is Anticipated to Witness High Growth Owing to Rising Use in Construction and Packaging Applications Blowing agents are chemical compounds that promote the formation and expansion of foam during production of various polymers and plastics. They are widely used in construction, automotive, packaging, and other industries to manufacture insulation foam products such as polyurethane foam (PUF), polystyrene foam (PS), and extruded polystyrene foam (XPS). Blowing agents enhance the thermal insulation properties and low density of these foams, which makes them ideal for insulating roofs, walls, pipes, and other applications. Rapid growth of the construction industry across developing nations and rising demand for eco-friendly insulation materials are some of the key factors driving consumption of blowing agents. The global blowing agents market is estimated to be valued at US$ 4.90 billion in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period of 2023 to 2030. Key Takeaways Key players operating in the blowing agents market are DuPont, Arkema S.A., Honeywell International Inc., Solvay S.A., Foam Supplies, Inc., AkzoNobel NV, Haltermann GmbH, Linde AG, Americhem, and HARP International Ltd. There is high growth potential in emerging economies due to increasing construction spending and rapid industrialization. Asia Pacific is expected to witness strongest gains over the next decade backed by China and India markets. Key players are focusing on developing eco-friendly blowing agent solutions to replace hydrofluorocarbons (HFCs) and other ozone-depleting substances. Companies are investing in R&D to commercialize natural hydrocarbon blowing agents. Global expansion through acquisitions and partnerships will also remain a core strategy for industry leaders to capture new growth opportunities. Market Drivers Growing building & construction industry is a key driver for the blowing agents market. Rising income levels and rapid urbanization in developing countries are fueling demand for residential and commercial buildings. This requires large volume of insulation materials like polyurethane and polystyrene foams. Rise of eco-friendly insulation materials is supporting the market growth. Strict environmental regulations regarding phasing out of hydrofluorocarbons (HFCs) and expanding green building codes are propelling the need for sustainable blowing agent technologies.

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chemicalresearchupdates · 1 year ago

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Emerging Trends in the Methyl Methacrylate Market: A Detailed Study

Methyl Methacrylate: A Versatile and Widely Used Polymer Monomer Introduction

Methyl methacrylate, commonly referred to as MMA, is an organic compound that serves as the primary monomer in the production of a variety of plastics and polymers. Due to its ability to easily polymerize into strong and impact-resistant materials, MMA has become one of the most ubiquitous and versatile monomers in the modern chemical industry. In this article, we will explore the chemical and physical properties of MMA, its production methods, major applications and uses, as well as safety and environmental considerations regarding its handling and production. Chemical and Physical Properties

MMA is a colorless, volatile liquid at room temperature with a characteristic, unpleasant odor. Its chemical formula is C5H8O2 and it has a molecular weight of 100.12 g/mol. MMA is soluble in most common organic solvents like acetone, ethanol, benzene, and toluene. It exhibits low toxicity when ingested but can cause skin and eye irritation upon contact. When heated to its flame point of 210°C, MMA will ignite and burn. Its vapor is heavier than air and can travel considerable distances to an ignition source, posing a risk of flashback fires. Production

Nearly all MMA is produced through a two-step process involving acrolein or methacrolein as an intermediate. In the first step, propylene is oxidized to acrylic acid which is then dehydrated to acrolein. In the second step, acrolein undergoes an aldol condensation reaction with formaldehyde to yield MMA. The overall process typically takes place in the liquid phase with acid catalysts at mild temperatures and pressures. Annual global production capacity for MMA is estimated to be over 5 million tons and is continuing to grow along with its rising demand. Major Applications

By far, the biggest end use of methyl methacrylate market is in the production of polymethyl methacrylate (PMMA), commonly known as acrylic glass. Over 70% of MMA output goes into manufacturing this transparent thermoplastic that finds applications as transparent panels, glazing, decorative ornaments and diverse articles of daily use. Other common plastics derived from MMA include: acrylic fibers used in clothing and carpeting; extruded sheets for lighting panels and signage; and impact-resistant alloys blended with other polymers. MMA also serves as a reactive diluent for unsaturated polyester resins and acrylic paints and coatings, enhancing their application properties. Safety and Environmental Issues

Handling liquid MMA requires protective equipment like goggles, gloves, and masks due to its eye, skin and respiratory tract irritation potential. Its saturated vapors are denser than air and may collect in low-lying areas, so spaces should be well-ventilated. MMA is moderately toxic if ingested and is listed as a possible carcinogen by regulatory agencies. In the environment, it poses a low to moderate hazard as its hydrolyzes rapidly in water to non-toxic compounds. The main safety and health concerns arise during MMA production, where worker exposure to its fumes needs to be thoroughly controlled and monitored. Producers have also developed clean manufacturing techniques to minimize undesirable emissions and waste. Conclusions

Ever since its discovery in the late 19th century, MMA has emerged as one of the most widely produced organic compounds in the chemical industry. Its unique ability to readily polymerize into glass-clear, impact-resistant plastics like PMMA has enabled revolutionary applications across diverse fields from construction to consumer goods. With continued innovation around its production methods and further development of useful derivatives like co-polymers, the importance and utility of MMA is likely to grow in the coming decades. Proper safety precautions during its handling and manufacture also remain vital to protect human and environmental health.

#Methyl Methacrylate Market #Methyl Methacrylate Market Trends #Methyl Methacrylate Market Growth

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