#Heat Treated Glass CAGR
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The Boric Acid market is projected to grow from USD 841.36 million in 2024 to USD 1,247.82 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.05%.Boric acid, a versatile and naturally occurring compound, plays a crucial role in various industrial applications, from agriculture to pharmaceuticals. This article explores the dynamics of the boric acid market, focusing on current trends, growth drivers, and future prospects.
Browse the full report at https://www.credenceresearch.com/report/boric-acid-market
Market Overview
Boric acid (H₃BO₃) is a weak acid derived from boron, and its market is influenced by several factors, including industrial demand, regional production capabilities, and technological advancements. The global boric acid market has seen steady growth due to its extensive use in industries such as glass manufacturing, agriculture, ceramics, and chemicals.
Key Market Drivers
1. Industrial Applications: Boric acid is widely used in the production of borosilicate glass, which is essential for making laboratory glassware and heat-resistant glass. Additionally, it is utilized in the manufacture of ceramics and as a flux in metallurgy. The demand for these products drives the growth of the boric acid market.
2. Agricultural Use: In agriculture, boric acid is employed as a micronutrient in fertilizers to enhance crop yield and quality. It is particularly vital for growing crops like cereals, fruits, and vegetables. The increasing need for high agricultural productivity to meet global food demands fuels the demand for boric acid.
3. Pesticides and Disinfectants: Boric acid's role as an effective insecticide and disinfectant also contributes to market growth. Its use in controlling pests and treating infections makes it valuable in the healthcare and pest control industries.
4. Technological Advancements: Innovations in boric acid production and processing technologies are expanding its applications. For example, advancements in nanotechnology are opening new avenues for boric acid use in electronics and materials science.
Regional Insights
The global boric acid market is segmented into several key regions:
- North America: The United States and Canada are significant consumers of boric acid, driven by their advanced glass manufacturing and agricultural sectors. The presence of major boric acid producers and end-users in this region supports market growth.
- Europe: European countries have a well-established boric acid market, with demand stemming from diverse applications including ceramics and electronics. Regulations and environmental standards in Europe also impact the market dynamics.
- Asia-Pacific: This region is the largest and fastest-growing market for boric acid. Countries like China, India, and Japan are major contributors, with high demand in sectors such as agriculture, glass manufacturing, and ceramics. The region’s expanding industrial base and rising agricultural activities drive market growth.
- Latin America and Middle East & Africa: These regions show moderate growth potential, with increasing investments in infrastructure and agriculture. The growing industrial activities and improving economic conditions contribute to the market expansion.
Market Challenges
Despite its promising growth prospects, the boric acid market faces several challenges:
1. Environmental Concerns: The environmental impact of boric acid production and its potential toxicity to humans and wildlife pose regulatory challenges. Stricter environmental regulations and the need for sustainable practices are shaping the market.
2. Price Fluctuations: The price of boric acid can be volatile due to fluctuations in raw material costs and supply chain disruptions. This variability can affect market stability and impact the profitability of boric acid producers.
3. Competition from Alternatives: The availability of alternative products and materials in some applications can limit the demand for boric acid. Innovations in substitute technologies may influence market dynamics.
Future Outlook
The boric acid market is expected to continue its growth trajectory, driven by increasing industrial applications, agricultural demands, and technological advancements. Key trends to watch include:
- Sustainability Initiatives: As environmental concerns become more prominent, there will be a focus on developing sustainable and eco-friendly production methods for boric acid.
- Emerging Applications: The exploration of new applications in sectors like electronics, energy storage, and advanced materials will likely drive demand.
- Market Consolidation: The industry may experience consolidation as major players seek to expand their market share and improve operational efficiencies.
Key Player Analysis
3M
Eti Maden
Gujarat Boron Derivatives
Tomiyama Pure Chemical Industries
Searles Valley Reserves
Avantor Performance Materials
Societa Chimica Larderello (SCL)
BASF
Russian Bor
Borax
Minera Santa Rita (MSR)
Quiborax
Sociedad Industrial Tierra
Segments:
Based on End User:
Tiles Manufacturers
Ceramic Manufacturers
Fiberglass Manufacturers
Flame Retardants
Agriculture
Wood Preservation
Pharmaceuticals
Cosmetics
Based on Application:
Industrial/Commercial
Household
Based on Distribution Channel:
Wholesale
eCommerce
Retail Shop
Hypermarket/Supermarket
Independent Shop
Convenient Shop
Based on the Geography:
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/boric-acid-market
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Clear as Crystal: Exploring the Dynamics of the Heat-Treated Glass Market
Heat Treated Glass Market is Estimated to Witness High Growth Owing to High Demand from Construction Industry The heat treated glass market comprises of glass that has undergone a heat treatment process post manufacturing to induce surface compression and enhance the mechanical strength and durability of glass. Heat treated glass has gained prominence in the construction industry owing to its superior properties such as high impact resistance, scratch resistance and sound insulation. It is used in applications including residential and commercial construction for windows, doors, partitions and facades. The rising infrastructure development activities across the globe are propelling the demand for high performance glass, driving the heat treated glass market. The Global heat treated glass market is estimated to be valued at US$ 474.5Mn in 2024 and is expected to exhibit a CAGR of 3.2% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the heat treated glass market are Cincinnati Gasket & Industrial Glass Products and Solutions, Asahi Glass Co.,Ltd., Corning Incorporated, SCHOTT North America, Inc., SCHOTT AG, CoorsTek, Inc., Vesuvius PLC, Nippon Sheet Glass Co., Ltd., CeramTec and others. The key opportunities in the heat treated glass market include increasing adoption in the solar energy sector owing to its good thermal shock resistance properties and suitability for high temperature applications. Moreover, growing infrastructure development activities in the Asia Pacific region is anticipated to offer new growth prospects over the forecast period. Globally, the demand for heat treated glass is expected to be driven by Asian countries like China, India and South East Asian nations due to rising construction of residential buildings, commercial facilities and infrastructure projects in these countries. The companies are expanding their production facilities and distribution networks in the emerging economies to leverage the growth opportunities. Market Drivers The primary driver for the heat treated glass market is the high demand from the construction industry. Heat treated glass finds widespread usage in windows, doors, partitions, facades and other applications due its superior strength and durability properties as compared to ordinary glass. Its shatterproof and scratch resistant properties make it ideal for construction of commercial buildings, residential structures and infrastructure projects experiencing rapid growth globally. This rising infrastructure development is propelling the demand for heat treated glass, thereby driving market growth over the forecast period.
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Key Players and Competitive Strategies in the Heat Treated Glass Market
Glass is a hard, brittle, non-crystalline, amorphous solid that is transparent and has wide applications in construction, automotive, electronics, solar and others. Heat treated glass are processed at higher temperatures to enhance the physical properties and change the microstructure of glass without altering its optical properties. They exhibit properties like low-emissivity, high-impact resistance and offer self-cleaning benefits. Heat treated glasses have higher mechanical strength and scratch resistance. The global Heat Treated Glass Market is estimated to be valued at US$ 474.5 Mn in 2023 and is expected to exhibit a CAGR of 3.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing application of heat treated glass in construction industry is the major trend that is accelerating the market growth. These glasses are extensively used in architectural applications to provide energy efficiency and safety in buildings. They deliver high-performance characteristics that suits varied architectural designs and help reduce energy consumption by decreasing heat transfer through windows and other facade openings. Low-emissivity coatings on heat treated glasses offer superior insulation against heat/cold transfer through infrared radiation, thus enabling significant savings on electricity bills from heating/cooling systems. This rising use of specialized heat treated glass in green buildings will continue to drive the market exponentially over the forecast period.
Segment Analysis
The global heat treated glass market is dominated by tempered glass segment accounting for over 50% of the market share. Tempered glass is one of the strongest forms of glass and is thermo strengthened by controlled surface compression. It is safer and up to four times stronger than standard annealed glass. This property makes it widely used in automotive and construction applications where safety and durability are of prime importance. Key Takeaways The global heat treated glass market is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis shows Asia Pacific as the fastest growing region owing to increasing automotive production and construction activities in major countries like China, India and Southeast Asia.
Key players operating in the heat treated glass market are Cincinnati Gasket & Industrial Glass Products and Solutions, Asahi Glass Co.,Ltd., Corning Incorporated, SCHOTT North America, Inc., SCHOTT AG, CoorsTek, Inc., Vesuvius PLC, Nippon Sheet Glass Co., Ltd., CeramTec.
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The Art and Science of Heat Treated Glass: Aesthetic Trends in the Market
Glass is a hard, brittle, non-crystalline, amorphous solid that is transparent and has wide applications in construction, automotive, electronics, solar and others. Heat treated glass are processed at higher temperatures to enhance the physical properties and change the microstructure of glass without altering its optical properties. They exhibit properties like low-emissivity, high-impact resistance and offer self-cleaning benefits. Heat treated glasses have higher mechanical strength and scratch resistance. The global Heat Treated Glass Market is estimated to be valued at US$ 474.5 Mn in 2023 and is expected to exhibit a CAGR of 3.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing application of heat treated glass in construction industry is the major trend that is accelerating the market growth. These glasses are extensively used in architectural applications to provide energy efficiency and safety in buildings. They deliver high-performance characteristics that suits varied architectural designs and help reduce energy consumption by decreasing heat transfer through windows and other facade openings. Low-emissivity coatings on heat treated glasses offer superior insulation against heat/cold transfer through infrared radiation, thus enabling significant savings on electricity bills from heating/cooling systems. This rising use of specialized heat treated glass in green buildings will continue to drive the market exponentially over the forecast period.
Segment Analysis The global heat treated glass market is dominated by tempered glass segment accounting for over 50% of the market share. Tempered glass is one of the strongest forms of glass and is thermo strengthened by controlled surface compression. It is safer and up to four times stronger than standard annealed glass. This property makes it widely used in automotive and construction applications where safety and durability are of prime importance. Key Takeaways The global heat treated glass market is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis shows Asia Pacific as the fastest growing region owing to increasing automotive production and construction activities in major countries like China, India and Southeast Asia.
Key players operating in the heat treated glass market are Cincinnati Gasket & Industrial Glass Products and Solutions, Asahi Glass Co.,Ltd., Corning Incorporated, SCHOTT North America, Inc., SCHOTT AG, CoorsTek, Inc., Vesuvius PLC, Nippon Sheet Glass Co., Ltd., CeramTec.
#Heat Treated Glass Market Share#Heat Treated Glass Market Growth#Heat Treated Glass Market Demand#Heat Treated Glass Market Trend#Heat Treated Glass Market Analysis
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Heat Treated Glass Market Unveiled Nurturing a Greener Economy
Heat treated glass is used as an architectural product and has wide-ranging applications in commercial and residential constructions. It is commonly used as spandrel glass panels, in insulated glazing units, and as tempered glass for safety and security purposes in residential and commercial buildings. The global heat treated glass market offers a variety of products such as tempered glass, heat strengthened glass, and insulated glass units. Tempered glass is widely used in facades and partition walls owing to its high strength and safety properties. Heat strengthened glass has good thermal and sound insulation capabilities and finds usage in curtain wall facades. The global heat treated glass Market is estimated to be valued at US$ 474.5 Mn in 2023 and is expected to exhibit a CAGR of 3.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics: One of the key drivers for the growth of the heat treated glass market is the rising demand from the construction industry. According to the United States Census Bureau, construction spending in the US increased by 1.3% in January 2023 from December 2022. Furthermore, the Chinese government has outlined plans to invest over $1.4 trillion in infrastructure projects over the next 5 years. Such initiatives to boost infrastructure development are expected to drive the demand for heat treated glass products for architectural applications such as doors, windows, facades, and interior design. Insulated glass units which promise thermal insulation and soundproofing are increasingly being adopted in commercial buildings to gain LEED (Leadership in Energy and Environmental Design) certification points. Moreover, tempered glass is finding widespread usage in residential constructions owing to its enhanced safety and security properties. The market is witnessing steady growth due to increasing adoption of heat treated glass variants in modern architectural designs and green building projects globally. SWOT Analysis
Strength: The heat treated glass market offers a variety of advantages over general glass such as high strength, durability and scratch resistance. This makes it suitable for applications requiring high performance glass. It is also lightweight and easy to fabricate which reduces costs. Extensive R&D has led to development of advanced heat treated glass varieties with improved properties.
Weakness: Heat treatment of glass is a complex manufacturing process requiring specialized equipment and skilled labor. This raises production costs making heat treated glass more expensive than regular glass. The energy intensive heating cycles also contribute to higher carbon footprint. Dependence on raw material price volatility is also a weakness.
Opportunity: Growing infrastructure development and construction spending in emerging economies raises demand for stronger, safer glass in buildings. Rise of electric vehicles and solar industry widens scope for heat treated glass use in automotive and renewable energy applications. Innovation in production technologies may help lower costs and widen the addressable market size.
Threats: Stiff competition from other high performance glass and alternative materials poses threat. Economic downturns and uncertainty impacts downstream construction and automotive sectors negatively affecting demand. Stringent environmental regulations regarding emissions can constrain production. Key Takeaways The global heat treated glass market is expected to witness high growth.
Regional analysis indicates Asia Pacific dominates with over 40% share currently owing to large construction sector and presence of major players. China leads consumption followed by India where growth remains fastest as urbanization proceeds apace.
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Heat Treated Glass Market: How much will be the total production?
Report Hive Research adds Heat Treated Glass market report to its research database. This market study featured in this report is equipped with crucial information for guiding through the expansion of the industry. The statistical information provided serves as a backbone while facing business challenges in the highly dynamic market situations, where no one controls the uptrends and downfalls.
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Acetylene Market (CAGR of 4.10%) 2030 - Acetylene Industry Trends, Revenue, and Outlook | ChemAnalyst
According to ChemAnalyst report, “Acetylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Acetylene market has witnessed a considerable growth as it reached 1.9 million tonnes in 2020 and is expected to achieve a healthy global CAGR of 4.10% in the forecast period. Due to rapid industrialization across the globe, the demand of Acetylene by the flourishing chemical industry is continuously growing and is likely to boost the global Acetylene market over the next ten years. The production of Acetylene is associated with the safety concerns on environment and human health before it can be further manufactured and introduced in the market around the world.
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Acetylene with the chemical formula C₂H₂ is the simplest alkyne and a hydrocarbon in which the two carbon atoms are bonded together in a triple bond. It is an odorless and colorless gas which is extensively used as a key fuel and a chemical building block. Pure form of Acetylene is usually handled as a solution as it is highly unstable. Manufacturing of Acetylene is done by three methods including reaction of water with calcium carbide, partial combustion of methane with air or oxygen or by passage of a hydrocarbon through an electric arc. It is also recovered as a by-product in production of ethylene by cracking of hydrocarbons.
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Acetylene is used in numerous industrial and commercial applications, but it is mainly manufactured for the production of chemical. Some of the major end uses of Acetylene includes welding and cutting, portable lighting, heat treating, derivatives of plastics and acrylic acid and others. Approximately 20% of Acetylene is supplied by the industrial gases industry for oxyacetylene gas cutting and welding processes due to its property of having highest flame temperature. Acetylene in Bulk quantities is widely used as a feedstock in the chemical industry for the production of organic compounds such as Acetic Anhydride, Acetic Acid, and Acetaldehyde. Continuously surging demand of Acetylene by the chemical industry is likely to flourish the global market over the next few years
Acetylene Market is segmented on the basis of end-use, application, sales channel and region. On the basis of application, the global market is segmented into Chemical Synthesis, Welding and Cutting, Metal Fabrication, and others. The metal fabrication industry is anticipated to dominate the global market of Acetylene in the forecast period due to the increasing applications of metalworking across the globe. Based on end-use, the market is segmented into automotive, construction, aerospace, pharmaceutical, glass, and others. Increasing demand of Acetylene by the automotive industry along with growing transportation activities for metalworking applications in the vehicles is likely to propel the Acetylene market in the future. Increasing construction activities is further accelerating the demand of chemical especially in the Asia Pacific region.
Due to the onset of COVID-19, in 2020, market had a severe decline around the world. Leading authorities in emerging as well as industrialized countries caused countrywide lockdowns due to which many end-user industries witnessed a negative impact. Production units halted their operations temporarily in order to stop the spread of coronavirus. Industries such as automotive, chemical, construction, and others that consumes Acetylene largely were drastically affected. As the lockdown restrictions are slowly uplifting, the operations are gradually resuming, which will boost the demand of Acetylene in the next few years.
Region wise, APAC region dominated the global market in 2020 and is anticipated to maintain its dominance in the forecast period until 2030. Increased demand of Acetylene owing to the construction and transportation activities in emerging economies like China and Japan has driven the global market in the Asia Pacific region. The expansion of other end-user industries in the Asia Pacific region will further propel the demand of Acetylene in coming years.
Key Players:
BASF SE
China Petroleum and Chemical Corporation
Airgas
Gulf Cyro
Hebei Xingyu Chemical Co. Ltd.
Linde Aktiengesellschaft
Praxair Inc.
Ilmo Products Company
Shandong Xinlong Group Co. Ltd.
Suzhou Jinhong Gas Co. Ltd.
The Dow Chemical Company
Toho Acetylene, and Others.
“Rapidly growing demand for Acetylene propelled by the increasing urbanization and expansion of several end-user industries across the globe is likely to boost the global Acetylene market in the forecast period until 2030. Increasing construction and transportation activities in emerging as well as industrialized economies is accelerating the demand of Acetylene, which will further augment the market growth of Acetylene in the next few years. Due to the wide application of Acetylene in metal working fabrication for welding and cutting is likely to surge the demand of Acetylene by major end-use industries including automotive, construction and others. ”said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
Report Scope:
In this report, Acetylene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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MAKE YOUR MEAL HEALTHY AND TASTY
If you want to make something pleasant, you have to add an herb or spice to affect the aroma, color, flavor, and heat of your dish. India is the heart of different varieties of spices. You will be aware with the name of Delhi's Khari Baoli is Asia's largest spice market. The beauty and purity of Khara masala are priceless- Ajwain, Clove & Jeera, the right combination of these spices, make any dish healthy and tasty. If you want to clove online shopping, then BIOAYURVEDA is near to you.
The Indian spices market developed at a CAGR of 15% during 2015-2020. Looking ahead, IMARC Group presumes the market to continue its active growth during 2021-2026. This shows the strong position of our spices in the market. People love Indian food, not only in India even outside India. Our dishes like paneer tikka, chicken lollipop, chicken tikka, Pani puri, and the list is endless.
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Let’s talk about what is spices
Spices are usually made from dried seeds, fruits, bark, or the root of a plant with a woody stem. Familiar examples are garlic powder, paprika, ground black pepper, and turmeric. Just like a composer, who uses varying amounts of instruments to create a symphony, chefs create harmony by balancing a collection of spices, paring them together to craft the soul of a dish. And the dish is incomplete with the ajwain tadka, shop ajwain with a worthwhile ajwain price.
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BIOAYURVEDA Clove is an aromatic and flavorful spice used in various cuisines globally. Essential in garam masala and appear in many curry powder recipes. In Indian cuisine, it lends a hand to chutneys and many pickle dishes and also becomes a major ingredient in many rice recipes such as pullo and biryani. Have an assertive, dark aroma that is warm and rich. Choose to clove online shopping for adulteration-free, pure, and highly nutritive spices.
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Global Polyvinyl Butyral (PVB) Market Size , Industry Growth, Demand, Sales Revenue, Opportunity and Application Report
Global polyvinyl butyral (PVB) Market was valued at US$ 2.81 Bn in 2020, estimated to reach US$ 4.50 Bn in 2027 with a CAGR of 6.06% from 2021-2027.
Polyvinyl butyral (PVB) is defined as a glass interlayer utilized in various end-use industries owing to its different chemical properties. These films and sheets offer special characteristics including impact resistance, transparency, elasticity, and high tensile strength. These properties make the sheets & films suitable for producing safety glass.
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Market Drivers: Rising application of PVB in the laminated glass market will boost the market growth
PVB has found its application for its short-term growth in the laminated glass market. PVB is used in a form of resin for applications that require binding, optical clarity, adhesion to glass surfaces, toughness and flexibility. The major application of Polyvinyl butyral is as the interlayer in laminated safety glass for architectural purposes & automotive windscreens. PVB laminated glass is manufactured by combining two or more annealed or heat-treated glass sheets bonded with one or more of PVB interlayers and subjected to heat and pressure, in order to ensure perfect adhesion between the constituent elements.
Recently, the demand for usage of PVB as an interlayer in the sandwich laminated glass has been significantly growing, owing to its usage for safety and security purposes in automobile windshields. PVB avoids the shattering of glass, during an accident, thus preventing personal injury by sharp glass fragments. PVB laminated glass also offers good impact resistance, acoustic insulation, and UV resistance. Furthermore, the UV protection feature of PVB laminated glass prevents interiors from fading up.
Market Challenges: High production cost might limit the growth of the market
PVB when compared to its substitute products such as Ethylene Vinyl Acetate (EVA), has high manufacturing and processing costs. The PVB material inception is been for many years the reference material for laminating glass in the building and transport industries but EVA has been gaining ground in recent years due to its properties which in some cases are better than PVB. Processing for PVB film requires a special temperature-controlled chamber and the glass must then be processed in an autoclave, which in turn requires an expensive and large machine suitable for companies with large volumes. On the other hand, EVA laminated glass can be produced in convection or infrared lamination furnaces, these furnaces are small and accessible to small and medium-sized enterprises. Also, the current COVID-19 pandemic has been proving a hindrance to the growth of the market owing to the major application areas of PVB such as construction and automotive industries are at halt.
Market Opportunities: Growing demand in photovoltaic industry will act as a growth prospect for the market
PVB is gaining momentum in the manufacturing of thin film solar PV modules. The PV circuit is formed on a glass sheet using thin film deposition and patterning techniques. Two layers, which are a PVB layer and a second layer of glass (called back glass) are then placed directly on the circuit. This lamination encapsulates the circuit and protects it from the environmental conditions. PVB back sheet provides a range of properties as it has good impact properties and is considered a cheaper alternative to tedlar based back sheets. Moreover, the optical properties of PVB are better than that of EVA, also the adhesion of PVB to photovoltaic cell is better than EVA. Photovoltaic industry is attracting market investment in order to cater to the increasing demand of clean and sustainable energy, the rise in the market of photovoltaic industry is anticipated to be a promising growth prospect for PVB market during the analysis period.
PVB Market, By Type
Based on type the market is divided into adhesives, paints & coatings, films & sheets and others. Films & sheets market is expected to lead the type segment owing to its application in the laminated glass market which are predominantly used in construction industry.
PVB Market, By End User Type
Based on end user the market is bifurcated into construction, automotive, power generation and others. Construction and automotive segment are expected to dominate the market globally, owing to the rising construction activities in the developing and developed economies and growth in the production of electrical automotive vehicles.
PVB Market, By Region
The geographic segments in this report include North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific region is expected to account for the largest share of the market in 2020. Asia-Pacific is expected to dominate the global market owing to the increasing construction activities in China, and Japan combined with the continuous investments done in the region to advance solar energy production activities.
Competitive Landscape:
The global Polyvinyl Butyral (PVB) market is consolidated due to the presence of large number of international players across the globe. Due to the partial consolidated nature of the market, the competition among the global players is high.
Market players are embracing various strategies, including product development, strategic collaborations, and mergers and acquisitions among others. The figure Competition Landscape Analysis shows competition scenario in the market.
The global Polyvinyl Butyral (PVB) market is analyzed based on parameters such as: Mergers and Acquisition, New Product Launch, Collaboration, Product Approval, New Facility Development, Project Completion, Research & Development.
Key players:
Some key operating players are discussed in this report such as DuPont, Chang Chun Group, DuLite PVB FILM, Eastman Chemical Company, EVERLAM NV, Genau Manufacturing Company LLP (GMC LLP), Huakai Plastic (Chongqing) Co., Ltd., KB PVB, KURARAY CO., LTD., SEKISUI CHEMICAL CO., LTD, etc.
Recent Developments:
In March 2021: Eastman Chemical Company announced that it is making an investment to upgrade and expand its extrusion capabilities for production of interlayer’s product lines at its Springfield, Massachusetts, manufacturing facility. The investment will strengthen Eastman’s supply capability to respond to regional and global demand for Saflex® polyvinyl butyral (PVB) products in the automotive and architectural markets and enhance facility capabilities to enable production of specialty architecture and automotive PVB products, including thicker gauges and advanced tri-layers formulations such as Saflex® acoustic interlayer products. The project is expected to be complete in the fourth quarter of 2021.
In August 2020: DuPont announced the launch of its new product for reduced Global Warming Potential (GWP) solution for Styrofoam™ Brand XPS Boardstock in order to fully comply with the Canadian Environmental Protection Act as new federal and provincial regulations come into effect on January 1, 2021. Beginning in the 4th quarter of 2020, with a complete Canadian conversion ready by January 1, 2021, DuPont will transition its heritage Blue Styrofoam™ Brand XPS Boardstock family of products to a new Grey, reduced GWP product line.
Market Taxonomy
By Type
Adhesives
Paints & Coatings
Films & Shits
Others
By End Use Type
Construction
Automotive
Power Generation
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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#Polyvinyl Butyral (PVB) Market size#Polyvinyl Butyral (PVB) Market Share#Polyvinyl Butyral (PVB) Market Trend#Polyvinyl Butyral (PVB) Market Growth#Polyvinyl Butyral (PVB) Market Application
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Foam Glass Market Overview, Demand, Global Industry Share, COVID-19 Analysis and Growth 2025
Market Forecast
The Global Foam Glass Market is expected to grow at a CAGR of 5.8% during the forecast period and cross USD 2.5 Billion by 2025.
Foam glass insulation is a rigid insulating material composed of sealed glass cells. This inorganic, all-glass, closed-cell structure provides an unmatched combination of physical properties ideal for the building application. Glass insulation products supports commercial and residential architecture and building projects which is driving the product demand.
Pricing Analysis
The foam glass insulation products are comparatively higher than other insulation production owing its manufacturing cost. The foam glass manufacturing machines are expensive which increases the price of foam glass. Moreover, the cost of installation of foam glass is also costly owing to the fragile nature of foam glass.
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Segmentation
By Type
1. This segment is divided into open-cell foam glass and closed-cell foam glass. They are classified based on whether they have closed pores or open pores, with a gradual gradation from almost completely closed pores to almost completely open pores. Their fragility increases with the increase in open pores, but it also enhances its acoustic dampening abilities.
2. Closed-cell foam glass is the larger market segment and has excellent heat insulation properties. It is used in manufacturing industries, in transportation (especially of oil), in chemical industries due to their high corrosion resistance and in buildings due to their heat insulation properties. Open-cell foam glass is used when sound dampening is required, especially in industries that use heavy machinery that generate noise.
By End-Use
The industrial use of global COVId-19 analysis on foam glass market is the fastest-growing segment, largely due to the developing manufacturing industries in the Asia-Pacific region which are driving the market for it.
Offering unparalleled heat and sound insulation and resistance to chemical corrosion, foam glass finds utility in industries which use heavy machinery, require regulated heating, utilize corrosive chemicals and use cryogenic technology. Foam glass also finds wide utility in buildings and infrastructure where their use decreases heat dissipation by 25% and provides excellent noise cancellation.
By Process
The chemical process of manufacturing foam glass is the predominant market within this segment. Chemically produced foam glass is easier to manufacture though it has lower porosity than the foam glass manufactured by a physical process. Chemically manufactured foam glass is made in various degrees of thickness with variable applicability.
The physical manufacture of foam glass ensures a very high degree of porosity making it an excellent sound dampener but also increasing its fragility. It has specific applicability in sound dampening. Its manufacture depends on the availability of cathode ray tubes.
By Application
The use of foam glass in buildings and industries is increasing due to its excellent heat and sound insulation properties. Moreover, foam glass is manufactured in a variety of widths and densities ensuring enhancement of their desired properties and proliferating the specificity of their applicability. Foam glass is also remarkably resistant to chemical corrosion and this finds utility in the transportation of hazardous chemicals as well as in chemical manufacturing and storing plants.
By Region
North America: Market growth is driven by the high production of oil in the region. Increasing the application of foam glass insulation in oil refineries
Europe: A well-established market. Increase in processed food manufacturing industries has increased in the region which requires foam glass for supporting machine and equipment.
Asia-Pacific: The largest and fastest-growing regional market. Increase in foam glass insulation in residential building is expected to drive demand
Latin America: The region is the largest producers of computers, automotive and oil. High insulation demand from manufacturing industry propelling regional growth
Middle East & Africa: High oil and gas exploration activities in the region requires a large number of oil & gas refineries for processing and treating oil which is positively influencing the foam glass insulation demand.
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HIGH TEMPERATURE INSULATION MATERIALS MARKET ANALYSIS
High Temperature Insulation Materials Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
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The global high temperature insulation materials market size is expected to witness potential gains in the future, and register a significant CAGR of 8.2% over the forecast period (2019 - 2027), to reach US$ 8.2 billion by 2027.
Market Overview
High temperature insulation materials find application in industries that involve processes operating at temperatures above 600 degree C. Some of the applications include, refractory, petrochemicals, iron and steel, ceramics, glass, cement, powder metallurgy, and aluminum. Ceramic fibers, insulating firebricks, and calcium silicate are key high temperature insulation materials used in various processes and applications such as appliances, HVAC, investment casting, wood heat, refractory contractors, marine, heat treat, and fuel cell.
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Market Dynamics
Increasing focus of various industries on energy conservation is expected to boost growth of the global high temperature insulation materials market. Moreover, stringent government regulations to mitigate greenhouse gas emission is also expected to contribute to the market growth. Various industries focus on emission control and fire protection by using high temperature insulation materials. Fiberlgass is used for both hot and cold side insulation in the temperature range 600 degree F to 1,000 degree F. Ceramic is used for the temperature range 1800 degree F to 2200 degree F.
Key players in the market are also focused on research and development of novel materials for higher thermal resistance and lower operational costs. This is expected to aid market players to boost their market share, thereby aiding in overall market growth.
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However, stringent regulations concerning the use of ceramic fibers, owing to their carcinogenic nature is expected to restrain growth of the high temperature insulation market.
Market Outlook
Among products, ceramic fibers are expected to gain major traction, owing to their low density, low thermal inertia, and low thermal conductivity. Among regions, Asia Pacific is projected to be the fastest growing market over the forecast period. This is owing to significant growth of several industries that require high temperature insulation materials for various applications. Petrochemicals is a major end-use industry in the market. Therefore, Middle East is expected witness significant growth in the market, owing to presence of major petrochemical industries in the region. The market in Europe is also driven by presence of large number of petrochemical industries in Western Europe. Stringent EU regulation regarding energy conservation is also expected to boost the market growth.
Key Players
Major players operating in the global high temperature insulation materials market include, Pyrotek Incorporated, Promat GmbH, Shangdong Luyang Co. Ltd., Unifrax LLC, Morgan Thermal Ceramics, Isolite Insulating Products Co. Ltd., BNZ Materials Inc., and Skamol.
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ON THE GO BREAKFAST PACKAGING MARKET ANALYSIS
On the go Breakfast Packaging Market, By Material Type (Plastic (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others), Paper, Others (Glass, etc.)), By Packaging Type (Rigid Packaging (Rigid Boxes, Bottles & Jars, Cans, Trays, Others (Folding Cartons, etc.)), Flexible Packaging (Bags & Sacks, Pouches & Sachets)), By Breakfast Product (Cereal Meals, Breakfast Bars, Sandwiches & Burgers, Cakes & Muffins, Sausages & Salamis, Egg Meals, Milkshakes & Juices, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
On-the-go Breakfast Packaging Market 2017–2027
On-the-go breakfast packaging is an advanced packaging solution that offers convenience as well as easy transportation. This packaging solution can be classified into pouches and sachets, cans, films and wraps, trays, rigid boxes, and bottles and jars. Cereal meals, sandwiches, bakery products, beverages, and egg meals are some of the on-the-go breakfast products which are used to package by the aforementioned packaging solution. On the basis of packaging type, the market can be classified into rigid packaging and flexible packaging. Rigid packaging includes rigid boxes, bottles & jars, cans, and trays whereas flexible packaging solution entails bags & sacks and pouches & sachets.
The global on-the-go breakfast packaging market is projected to reach around US$ 1224.2 million by the end of 2027, in terms of revenue, growing at CAGR of 5.18% during the forecast period (2019-2027).
Drivers
Rapid urbanization coupled with the growing consumer with a busy lifestyle is propelling the market growth of on-the-go breakfast packaging. Growing consumer preferences for convenience food and sustainable packaging solution is also projected to fuel the market growth of on-the-go Breakfast packaging. Moreover, due to advancements in packaging solution manufacturers are also able to offer the type of heat-and-eat meals and instant meal options, this factor is also projected to fuel the market growth of on-the-go breakfast packaging.
Increasing income of middle-class people due to the rapid development of economies is projected to fuel the market growth of on-the-go breakfast packaging. Moreover, a growing number of working members in a family and growth in disposable income has drastically changed the food consumption patterns. This is fueling the demand for convenience food consumption which is propelling the market growth of on-the-go breakfast packaging over the forecast period.
On basis of the region, Europe region dominated the global on-the-go breakfast packaging market in 2018, accounting for 38% share in terms of volume, followed by Asia Pacific and North America respectively.
Figure 1. Global On-the-go Breakfast Packaging Market, Revenue Share (%), By Region, 2018
Market Restraints
The weak distribution network of on-the-go breakfast products especially across developing countries such as India, China, and Brazil are projected to hinder the market growth of on-the-go breakfast products. Additionally, manufacturers in these regions use only a few modes of distribution such as retails outlets, online selling, and others are further projected to hinder the market growth of on-the-go breakfast packaging over the forecast timeframe.
Another major factor expected to restrict the market growth of on-the-go breakfast products is expensiveness as these products are relatively costly as compared to conventional breakfast products. Hence, the high cost associated with the on-the-go breakfast products is projected to impact market growth negatively to some extent.
Market Opportunities
The rising popularity of on-the-go snack bars with attractive packaging among health-conscious people is projected to offer numerous growth opportunities to the market of on-the-go breakfast packaging over the forecast timeframe. For instance, in March 2019, Nature's Bakery has unveiled new packaging featuring bold colors, craft cues and appealing product imagery on its on-the-go soft-baked snack bars.
The growing focus of manufacturers to create brand awareness among people in order to expand their presence is expected to propel the market growth of on-the-go breakfast packaging over the forecast period. For instance, in January 2019, Dunkin’ introduced bright and bold new product packaging to bring to life the energy and excitement of Dunkin’s new brand identity. The colorful cups, doughnut boxes, Munchkins doughnut hole treat boxes, Box O’ Joe, napkins and more are new products.
Figure 2. Global On-the-go Breakfast Packaging Market– Opportunity Analysis
Market Trends
The rising trend of using environmentally friendly packaging solutions such as recycled glass bottles and paper wrapper which promote is a sustainable environment is expected to foster the market growth of on-the-go breakfast packaging. For instance, in July 2019, Nestlé has announced the launch of its YES! Snack bars in a new recyclable paper wrapper. In a breakthrough innovation, for the first time, a confectionery bar has been packaged in a paper using a high-speed flow wrap technology.
The growing focus of manufacturers to invest in developing the innovative packaging solution will favor the market growth of on-the-go breakfast packaging. For instance, in January 2020, Nestlé announced that it will invest up to US$ 2.09 billion to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.
Figure 3. Global On-the-go Breakfast Packaging Market, Revenue Share (%), By Material Type, in 2018
On the basis of material type, in 2018, the plastic segment has accounted the largest market share of 56.2% in terms of value, followed by the paper and others.
Figure 4. Global On-the-go Breakfast Packaging Market– Value Chain Analysis
Competitive Section:
Key players operating in global on-the-go breakfast packaging market are Amcor Limited, Bemis Company, Inc., Berry Global, Inc., Huhtamäki Oyj, Sealed Air Corporation, Winpak Ltd., Mondi Group Plc, DS Smith Plc, International Paper Co, Sonoco Products Company, Smurfit Kappa Group PLC, Tetra Laval International S.A., Coveris Holdings S.A., Georgia-Pacific LLC, Linpac Packaging Ltd, Constantia Flexibles, Group GmbH, Reynolds Group Holdings Ltd., WestRock Company, Ampac Holdings LLC., and Clondalkin Group Holdings B.V.
Few Recent Developments
Amcor Limited
· In 26 September 2015, Amcor Limited introduces a metal-free packaging product called AmLite.
· In 15 December 2016, the company introduced an advanced packaging system called “Vento Coffee”.
Bemis Co Inc
· In 2015, it acquired rigid packaging operations of Emplal Participações S.A., a Brazil-based manufacturer of plastics packaging for food and consumer applications, in order to expand its manufacturing base and presence in Latin America
· In April 20, 2016, Bemis Company completed the acquisition of SteriPack Packaging Operation, which is a provider of medical device packaging operations and related value-added services.
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Foam Glass Market, Industry Forecast, Application, Segmentation, Regional Analysis, Key Players and Prices
The Global Foam Glass Market is expected to grow at a CAGR of 5.8% during the forecast period and cross USD 2.5 Billion by 2025.
Foam glass insulation is a rigid insulating material composed of sealed glass cells. This inorganic, all-glass, closed-cell structure provides an unmatched combination of physical properties ideal for the building application. Glass insulation products supports commercial and residential architecture and building projects which is driving the product demand.
Segmentation
By Type
1. This segment is divided into open-cell foam glass and closed-cell foam glass. They are classified based on whether they have closed pores or open pores, with a gradual gradation from almost completely closed pores to almost completely open pores. Their fragility increases with the increase in open pores, but it also enhances its acoustic dampening abilities.
2. Closed-cell foam glass is the larger market segment and has excellent heat insulation properties. It is used in manufacturing industries, in transportation (especially of oil), in chemical industries due to their high corrosion resistance and in buildings due to their heat insulation properties. Open-cell foam glass is used when sound dampening is required, especially in industries that use heavy machinery that generate noise.
By End-Use
The industrial use of foam glass is the fastest-growing segment, largely due to the developing manufacturing industries in the Asia-Pacific region which are driving the market for it.
Offering unparalleled heat and sound insulation and resistance to chemical corrosion, foam glass finds utility in industries which use heavy machinery, require regulated heating, utilize corrosive chemicals and use cryogenic technology. Foam glass also finds wide utility in buildings and infrastructure where their use decreases heat dissipation by 25% and provides excellent noise cancellation.
By Process
The chemical process of manufacturing foam glass is the predominant market within this segment. Chemically produced foam glass is easier to manufacture though it has lower porosity than the foam glass manufactured by a physical process. Chemically manufactured foam glass is made in various degrees of thickness with variable applicability.
The physical manufacture of foam glass ensures a very high degree of porosity making it an excellent sound dampener but also increasing its fragility. It has specific applicability in sound dampening. Its manufacture depends on the availability of cathode ray tubes.
By Application
The use of foam glass in buildings and industries is increasing due to its excellent heat and sound insulation properties. Moreover, foam glass is manufactured in a variety of widths and densities ensuring enhancement of their desired properties and proliferating the specificity of their applicability. Foam glass is also remarkably resistant to chemical corrosion and this finds utility in the transportation of hazardous chemicals as well as in chemical manufacturing and storing plants.
By Region
North America: Market growth is driven by the high production of oil in the region. Increasing the application of foam glass insulation in oil refineries
Europe: A well-established market. Increase in processed food manufacturing industries has increased in the region which requires foam glass for supporting machine and equipment.
Asia-Pacific: The largest and fastest-growing regional market. Increase in foam glass insulation in residential building is expected to drive demand
Latin America: The region is the largest producers of computers, automotive and oil. High insulation demand from manufacturing industry propelling regional growth
Middle East & Africa: High oil and gas exploration activities in the region requires a large number of oil & gas refineries for processing and treating oil which is positively influencing the foam glass insulation demand.
Pricing Analysis
Global Foam Glass Insulation Market products are comparatively higher than other insulation production owing its manufacturing cost. The foam glass manufacturing machines are expensive which increases the price of foam glass. Moreover, the cost of installation of foam glass is also costly owing to the fragile nature of foam glass.
Key Players
Owens Corning
Glapor
UUSIOAINES OY/Ltd
POLYDROS, S.A.
Pittsburgh Corning UK Ltd.
Metecno
MISAPOR
Anhui Huichang New Material Co., Ltd
Pinosklo
Geocell
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Industrial Furnace
As per #researchreport by Allied Market Research The global #industrialfurnaces #market size was valued at $10,958.5 million in 2018 and is projected to reach $16,996.5 million in 2026, growing at a CAGR of 5.4% from 2019 to 2026.
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An industrial furnace is a thermal inclusion and is employed to process and treat raw materials at high temperatures in solid as well as the liquid state. It is an industrial heat-treating system that heats above 1,000 degrees Fahrenheit. Industrial furnaces are employed by a variety of industries such as manufacturing, iron and steel making, glass making, non-ferrous metals production, calcination in cement production, and ceramic processing.
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Silk-Screened Glass Market: Which region will gain the largest growth?
Report Hive Research adds Heat Treated Glass market report to its research database. This market study featured in this report is equipped with crucial information for guiding through the expansion of the industry. The statistical information provided serves as a backbone while facing business challenges in the highly dynamic market situations, where no one controls the uptrends and downfalls.
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Acetylene Market is Expected to Grow at a CAGR of 4.10% by 2030
According to ChemAnalyst report, “Acetylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Acetylene market has witnessed a considerable growth as it reached 1.9 million tonnes in 2020 and is expected to achieve a healthy global CAGR of 4.10% in the forecast period. Due to rapid industrialization across the globe, the demand of Acetylene by the flourishing chemical industry is continuously growing and is likely to boost the global Acetylene market over the next ten years. The production of Acetylene is associated with the safety concerns on environment and human health before it can be further manufactured and introduced in the market around the world.
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Acetylene with the chemical formula C₂H₂ is the simplest alkyne and a hydrocarbon in which the two carbon atoms are bonded together in a triple bond. It is an odorless and colorless gas which is extensively used as a key fuel and a chemical building block. Pure form of Acetylene is usually handled as a solution as it is highly unstable. Manufacturing of Acetylene is done by three methods including reaction of water with calcium carbide, partial combustion of methane with air or oxygen or by passage of a hydrocarbon through an electric arc. It is also recovered as a by-product in production of ethylene by cracking of hydrocarbons.
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Acetylene is used in numerous industrial and commercial applications, but it is mainly manufactured for the production of chemical. Some of the major end uses of Acetylene includes welding and cutting, portable lighting, heat treating, derivatives of plastics and acrylic acid and others. Approximately 20% of Acetylene is supplied by the industrial gases industry for oxyacetylene gas cutting and welding processes due to its property of having highest flame temperature. Acetylene in Bulk quantities is widely used as a feedstock in the chemical industry for the production of organic compounds such as Acetic Anhydride, Acetic Acid, and Acetaldehyde. Continuously surging demand of Acetylene by the chemical industry is likely to flourish the global market over the next few years
Global Acetylene Market is segmented on the basis of end-use, application, sales channel and region. On the basis of application, the global market is segmented into Chemical Synthesis, Welding and Cutting, Metal Fabrication, and others. The metal fabrication industry is anticipated to dominate the global market of Acetylene in the forecast period due to the increasing applications of metalworking across the globe. Based on end-use, the market is segmented into automotive, construction, aerospace, pharmaceutical, glass, and others. Increasing demand of Acetylene by the automotive industry along with growing transportation activities for metalworking applications in the vehicles is likely to propel the global Acetylene market in the future. Increasing construction activities is further accelerating the demand of chemical especially in the Asia Pacific region.
Due to the onset of COVID-19, in 2020, market had a severe decline around the world. Leading authorities in emerging as well as industrialized countries caused countrywide lockdowns due to which many end-user industries witnessed a negative impact. Production units halted their operations temporarily in order to stop the spread of coronavirus. Industries such as automotive, chemical, construction, and others that consumes Acetylene largely were drastically affected. As the lockdown restrictions are slowly uplifting, the operations are gradually resuming, which will boost the demand of Acetylene in the next few years.
Region wise, APAC region dominated the global market in 2020 and is anticipated to maintain its dominance in the forecast period until 2030. Increased demand of Acetylene owing to the construction and transportation activities in emerging economies like China and Japan has driven the global market in the Asia Pacific region. The expansion of other end-user industries in the Asia Pacific region will further propel the demand of Acetylene in coming years.
Acetylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in Acetylene market include BASF SE, China Petroleum and Chemical Corporation, Airgas, Gulf Cyro, Hebei Xingyu Chemical Co. Ltd., Linde Aktiengesellschaft, Praxair Inc., Ilmo Products Company, Shandong Xinlong Group Co. Ltd., Suzhou Jinhong Gas Co. Ltd., The Dow Chemical Company, Toho Acetylene, and Others.
“Rapidly growing demand for Acetylene propelled by the increasing urbanization and expansion of several end-user industries across the globe is likely to boost the global Acetylene market in the forecast period until 2030. Increasing construction and transportation activities in emerging as well as industrialized economies is accelerating the demand of Acetylene, which will further augment the market growth of Acetylene in the next few years. Due to the wide application of Acetylene in metal working fabrication for welding and cutting is likely to surge the demand of Acetylene by major end-use industries including automotive, construction and others. ”said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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