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businessindustry · 4 months ago
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Vacuum Sucker Market Size, Trends, Forecast to 2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Vacuum Sucker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Vacuum Sucker Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Vacuum Sucker?
The global vacuum sucker market size reached US$ 730.8 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 1,245.2 million in 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.
What are Vacuum Sucker Market?
A vacuum sucker, or vacuum suction cup, is a device that utilizes negative air pressure to generate a firm grip on a surface. Constructed from flexible materials such as rubber or silicone, it works by removing air from between the sucker and the surface to create a vacuum seal. This seal enables the vacuum sucker to lift, hold, or move objects securely without the need for mechanical fasteners or adhesives. Widely used across industries like manufacturing, logistics, and automotive, vacuum suckers are crucial for handling delicate or heavy items and for automating material handling tasks.
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What are the growth prospects and trends in the Vacuum Sucker Market industry?
The vacuum sucker market growth is driven by various factors and trends and factors. The vacuum sucker market is growing rapidly, driven by its crucial applications in manufacturing, logistics, and automotive industries. The increasing need for automation and efficient material handling solutions fuels this growth, as vacuum suckers provide a reliable method for lifting, moving, and positioning objects without the use of mechanical fasteners or adhesives. Technological advancements, such as more durable and versatile suction cups, are also contributing to market expansion. Furthermore, the focus on enhancing production processes and reducing manual labor is boosting the adoption of vacuum suckers across various sectors. Hence, all these factors contribute to vacuum sucker market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Electric Vacuum Suckers
Pneumatic Vacuum Suckers
Hybrid Vacuum Suckers
By End-Use Industry:
Automotive
Electronics
Food & Beverage
Packaging
Pharmaceutical
Logistics & Warehousing
Others
By Application:
Material Handling
Assembly & Robotics
Pick & Place
Packaging & Palletizing
Inspection & Testing
Others
By Sales Channel:
Direct Sales
Distributors/Wholesalers
E-commerce
Global Market Segmentation by Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europ
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Piab AB
Schmalz Inc.
Festo AG & Co. KG
SMC Corporation
Aventics GmbH
VACUUBRAND GMBH + CO KG
Vaccon Company, Inc.
SMC Corporation of America
Pneumadyne, Inc.
Schmalz GmbH
Vuototecnica S.p.A.
DESTACO, a Dover Company
ANVER Corporation
AERO-LIFT Vakuumtechnik GmbH
VMECA Co., Ltd.
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airotechminerals · 5 months ago
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Enhancing Product Quality with Activated Calcium Carbonate
Activated Calcium Carbonate (ACC) plays a vital role in various industrial applications, ranging from pharmaceuticals to plastics. In India, the manufacturing of ACC has seen a significant upsurge, with several key players contributing to this growth. Among these, Airotech Minerals stands out as one of the leading Activated Calcium Carbonate Manufacturers in India, renowned for its high-quality products and innovative solutions.
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Understanding Activated Calcium Carbonate (ACC)
Activated Calcium Carbonate is a refined form of calcium carbonate that has undergone specific processing to enhance its properties. The activation process typically involves the coating of calcium carbonate particles with stearic acid or other compounds, resulting in improved dispersion, better surface properties, and enhanced performance in various applications.
Applications
Plastics and Polymers: ACC is used as a filler and functional additive in plastics to improve mechanical properties, enhance durability, and reduce production costs.
Rubber: In the rubber industry, ACC serves as a reinforcing agent, improving the strength and elasticity of rubber products.
Paints and Coatings: ACC provides improved opacity, brightness, and weather resistance in paints and coatings.
Pharmaceuticals: In the pharmaceutical sector, ACC is utilized as an excipient, ensuring the proper consistency and stability of formulations.
Paper: ACC is used in the paper industry to improve the brightness and opacity of paper products.
Adhesives and Sealants: ACC enhances the properties of adhesives and sealants, providing better adhesion and flexibility.
Why Choose Us?
Advanced Manufacturing Facilities
We boast state-of-the-art manufacturing facilities equipped with the latest technology. These facilities enable the company to produce high-purity ACC with consistent quality. The use of advanced machinery and rigorous quality control processes ensures that every batch of ACC meets stringent industry standards.
Research and Development
Innovation is at the heart of Airotech Minerals' success. The company invests heavily in research and development to continuously improve its products and processes. By staying ahead of industry trends and technological advancements, we can offer cutting-edge solutions that meet the evolving needs of our customers.
Quality Assurance
Quality is a top priority at Airotech Minerals. The company has implemented robust quality assurance measures at every stage of production. From raw material sourcing to final product inspection, stringent quality checks are conducted to ensure the highest standards are maintained. This commitment to quality has earned us certifications from various industry bodies, further validating the excellence of its products.
Sustainable Practices
We are dedicated to sustainable manufacturing practices. The company prioritizes environmental responsibility and strives to minimize its ecological footprint. By adopting eco-friendly processes and reducing waste, Airotech Minerals contributes to global efforts towards sustainability.
Market Presence and Reach
We have a strong presence in both domestic and international markets. The company's products are widely used by leading manufacturers across various industries. By leveraging a robust distribution network, we ensure timely delivery and excellent after-sales support to our customers worldwide.
Conclusion
In the competitive landscape of activated calcium carbonate manufacturing in India, Airotech Minerals has carved a niche for itself through its unwavering commitment to quality, innovation, and customer satisfaction. The company's advanced manufacturing capabilities, focus on research and development, and sustainable practices make it a preferred choice for industries seeking high-performance ACC. We continue to expand our market reach and enhance its product offerings, it remains poised to play a pivotal role in the growth and development of the ACC industry in India and beyond. Discover how our premium Activated Calcium Carbonate can elevate your products. Contact us today to discuss your needs and explore our customized solutions. Reach out now for expert assistance and exceptional customer support.
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robjackson616-blog · 6 months ago
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Tire Recycling Market to Eyewitness Unbelievable Growth (2024-2030)
According to HTF Market Intelligence, theGlobal Tire Recycling market to witness a CAGR of 4.54% during forecast period of 2024-2030. Global Tire Recycling Market Breakdown by Application (Tire-Derived Fuel, Rubberized Asphalt, Tire-Derived Aggregate, Ground Rubber/Crumb Rubber, Others) by Type (Automobile Tire, Rubber Products, Other) by Deployment (Ambient Mechanical Grinding, Cryogenic Grinding, Pyrolysis) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Tire Recycling market size is estimated to increase by USD  Billion at a CAGR of 4.54% from 2024 to 2030.. Currently, market value is pegged at USD  Billion.
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Tire recycling involves the process of converting used or scrap tires into useful materials.
Some of the key players profiled in the study are Miami Tire Recycling Company (United States), reRubber LLC (United States), L & S Tire (United States), Tire Disposal & Recycling (United States), Ontario Tire Stewardship (Canada), Champlin Tire Recycling (United States), Lakin Tire (United States), New River Tire Recycling (United States), Liberty Tire Recycling (United States), Eldan Recycling A/S (Denmark).    
Book Latest Edition of Global Tire Recycling Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=397
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HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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tritonmarketresearchamey · 8 months ago
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Isoprene Market by End-User | Recent Developments
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The European Automobile Manufacturers’ Association noted that approximately 85.4 million motor vehicles were manufactured in 2022 globally. The growth in vehicle production has led to a surge in the adoption of isoprene in tire production. The International Rubber Group reported that global tire production reached around 16.87 million tons in 2021, a 9% increase from 2020. Additionally, isoprene’s resilience, tensile strength, and abrasion resistance have increased its adoption in the rubber and medical industry. As noted by Triton’s report, the global isoprene market will likely register revenue growth at a CAGR of 7.65% over the forecast years 2023-2030.
The demand for eco-friendly tires, synthetic rubber, and footwear has further elevated the deployment of polyisoprene, styrene-isoprene styrene, etc. These factors have also influenced several R&D for effective isoprene applications. For instance, in 2022, researchers at the Leibniz Institute of Plant Biochemistry and Martin Luther University Halle-Wittenberg developed the precise conditions for the enzymatic breakdown of synthetic polyisoprene rubber.
Tire, Adhesive, & Rubber: Expanding Scope of Isoprene Market
Fastest End-user: Tires expected to advance with 7.91% of CAGR during 2023-2030
Tires are essential for vehicles like trucks, tractors, buses, aircraft landing gear, forklifts, etc., as they offer traction and cushioning for wheels. In this regard, polyisoprene tires possess strength, wear resistance, and resilience. Estimates indicate polyisoprene to witness the fastest growth in terms of usability at a CAGR of 8.07% during 2023-2030. While polyisoprene is widely preferred, isobutylene-isoprene’s elastomeric properties are ideal for tire inner and high-pressure tubes. This has prompted various strategic initiatives, including halo butyl rubber manufacturing facilities by Sibur in India, with an annual production target of 60,000 metric tons.
Increased vehicle demand and auto sales benefits have soared the demand for isoprene for tire production globally, especially in the Asia-Pacific. As per estimates, China and Japan contribute around 70% of global tire manufacturing. Therefore, expanding automotive sector creates opportunities for the Asia-Pacific isoprene market.
Revenue Growth: Adhesives expected to register a CAGR of 7.30%
Isoprene adhesives, known for their flexibility, bridge gaps on surfaces in various industries, including aerospace, medical, and electrical. In the medical industry, adhesives find applications in catheters, tapes, etc. In this regard, polyisoprene finds application as a substitute for natural rubber. Isoprene demand in this sector is because it reduces Type I allergies while mitigating nitrosamine synthesis.
As a result, several players have made significant adhesive advancements, significantly boosting the studied market’s growth. For example, in 2020, Henkel inaugurated its largest adhesive production facility in India, supporting nearby regions like the Middle East. Similarly, Arkema established a sizable adhesive factory in Japan, catering to sectors such as hygiene, packaging, labeling, etc.
Due to its outstanding tack and high flexibility, styrene-isoprene styrene (SIS) is also employed to develop adhesives. Estimates suggest SIS is set to expand in volume as it is largely used as a hygiene adhesive in personal care items such as baby diapers, feminine hygiene products, etc. Due to the availability of thermoplastic elastomers in producing these products, the demand for styrene-isoprene styrene is anticipated to increase over the forecast years.
2023-2030: Industrial Rubber Witness Volume Growth at 4.62%
Industrial rubber finds application across diverse sectors such as construction, automotive, and manufacturing. Isoprene in industrial rubber has increased, particularly in construction. It is commonly employed in wall and floor coverings, mechanical rubber goods, geo-membranes, elevators, wiper blades, rubber hoses, etc. Isoprene rubber is well-suited for industrial purposes due to its suspension capacity, rubber reusability, and versatility. The category is projected to expand rapidly due to urbanization, increased disposable income, and population growth.
In addition to the volatile cost of natural rubber, technological advancements in isoprene rubber, including styrene isoprene styrene, polyisoprene, and butyl rubber, fuel the expansion of the isoprene market. For instance, Zeon Corp and Yokohama Rubber Co Ltd co-developed a new technology to produce isoprene from biomass for synthetic rubber production.
Bio-Based Isoprene: A Sustainable Opportunity
The surge in natural gas supply over recent years has shifted ethylene production away from naphtha to ethane cracking. This transition has significantly reduced isoprene production, leading to volatile polyisoprene market prices. Consequently, more sustainable routes for isoprene production involving bio-based products are being explored.
Biomass shows promise as a renewable feedstock for polyisoprene used in the rubber industry. Bio-based isoprene holds potential in various applications, including medical appliances, footwear, rubber tires, fragrances, and polymeric materials. For instance, in 2023, Ginkgo Bioworks collaborated with Visolis to decarbonize tire manufacturing while promoting bio-based isoprene use. Hence, the growing focus on eco-friendly approaches is expected to create affluent opportunities for the isoprene market.
FAQs:
Q1) What is the volume growth of the global isoprene market?
The global isoprene market is expected to witness volume growth at a CAGR of 5.15% during the forecast period 2023-2030.
Q2) Which grades of isoprene are employed across end-user industries?
Polymer and chemical are widely employed grades across end-user industries.
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bizworldinsights · 9 months ago
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Farm Tires
The Farm Tires market is estimated to be valued at over US$ 4,167 million in 2019, with a projected CAGR of 5.3% from 2018 to 2028. Unit sales are expected to reach over 18,676 units in 2019. The global revenue surge in the farm tires market is fueled by the rapid mechanization in the agriculture sector and the increased sales of tractors, a trend expected to persist throughout the forecast period. These tires, known for their large amounts of natural rubber, are designed to handle heavy-duty fieldwork. Additionally, the rising demand for very high flexion tractor tires is anticipated to further drive global sales.
A significant factor boosting global farm tire sales is the potential shift from bias-ply to radial-ply tires, driven by the growing demand for tractors worldwide. The sales of these tires are directly influenced by the increasing market demand for tractors, with over 3.8 million tractors sold between 2017 and 2018. Moreover, technological advancements play a pivotal role in agriculture tire sales, with a surge in demand for very high flexion (VF) and increased flexion (IF) tires due to the growing weight of machinery.
Product development and pricing strategies have a substantial impact on overall sales, with farmers and end-users leaning towards cost-effective tire options. This heightened competition in the sector.
Global Farm Tires Market Size and Forecast: Regional Analysis
Asia Pacific Dominates: Asia Pacific dominated global sales in 2018, driven by substantial sales in China and India, which accounted for over half of the total tractor sales in 2018. The region still holds untapped market potential for farm tire manufacturers and vendors. The aftermarket segment holds a significant market share in Asia Pacific. While OEM presents a substantial revenue opportunity, the limited number of tractor and heavy machinery manufacturers has resulted in fewer farm tire vendors. The region's demand is led by tractors and harvesters, followed by trailers and suits. New entrants and small-scale players often focus on the aftermarket to maintain agility.
North America - A Key Destination: North America is a crucial market for manufacturers, registering a slowdown in net agriculture output in 2017. However, this had a negligible impact on overall farm tire sales, indicating the relatively higher spending capacity in the region. While the industry is experiencing optimistic growth, declining commodity costs could impact farmers' spending capacity, leading to sluggish demand for agriculture tires. Unlike Asia Pacific, North America is expected to witness moderate growth in sales, with market consolidation and leading players holding a major share.
Global Farm Tires Market Size and Forecast: Competition Landscape
The industry is highly competitive, with a significant number of midsize and large-scale enterprises. The majority of manufacturers focus on supplying tires for tractors below 40 HP worldwide. Key players in the Farm Tires market include:
Bridgestone Corp.
Titan Corporation
Balkrishna Industries Limited
Sumitomo Rubber Industries Ltd.
Continental AG
Goodyear Tire & Rubber Company
TBC Corporation
Yokohama Rubber Company
Industry Segmentation
By Vehicle Type:
Tractors
Conventional Tractors
Driverless Tractors
Harvesters
Implements
Others
By Tire Type:
Bias
Radial
By Distribution Channel:
OEM
Aftermarket
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fandbtrends · 11 months ago
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Global Homogenizers Market Analysis, Top Players, Regions, Market Segments and Forecasts to 2027
The Global HOMOGENIZERS MARKET was valued at USD 1715.15 Million in 2022 and is expected to expand to USD 2018.95 Million in 2030 at a CAGR of 1.78% during the forecast period 2023- 2030.
A part of laboratory or industrial machinery used to mix two non-soluble products into an even consistency that helps to reduce the separation is referred to as Homogenizer.
Homogenizers are industrial equipment used to mix, emulsify, or homogenize various substances, particularly in industries such as food and beverage, pharmaceuticals, cosmetics, and biotechnology. They are essential for achieving a consistent and uniform product quality. Here are some key points about the global homogenizers market
Market Drivers
One of the main factors that drive the market growth is the rising demand for homogenizers in the food and dairy industry as it is used in the food and beverage industry for processing food and manufacturing many dairy products like skimmed milk, and cheese through the blending process.
Additionally, increasing demand for ultrasonic homogenizers is boosting market growth as a few factors like they are normally used for combining several consumer durable products and cosmetics like skin lotions, lubricants, pharmaceutical ointments, and fuels because of their capacity to disperse powders in liquid.
Market Restraints
The main restraining factors that hamper the market growth are several issues related to homogenizers like a heavy capital investment to maintenance and installation of homogenizers, increasing energy and power costs, and growing regulatory approval from organizations.
Market Segmentation
The global Homogenizers market is segmented based on Product, Applications, and region. On the basis of Product, it is segmented into Ultrasonic, Pressure, and Mechanical. Based on Applications, it is segmented into Paper, Ceramics, Fiberglass, Paints and Coatings, Rubber, Plastics, and Others. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
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Regional Analysis
Asia Pacific region is likely to dominate the global market owing to the rising demand for processed and packaged food in this region because of the increasing urbanization in countries like India, Taiwan, Japan, China, etc.
North American region is expected to witness substantial growth because of the region’s noteworthy demand for packaged and processed foods from its growing population.
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· Aktiengesellschaft
· Sonic Corp.
· Avestin Inc.
· PHDTechIntl
· IDEX (U.S.),
· OMA.
· NETZSCH-Feinmahltechnik GmbH
· FBF ITALIA Srl
· SIMES S.A.
· Krones AG
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pearlsmith25 · 11 months ago
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Recovered Carbon Black Market: Driving Circular Economy Initiatives
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Market Overview:
Recovered carbon black (rCB) is a form of recycled carbon black produced from waste tyres and other rubber products. It is used in the production of various rubber goods and applications such as tires, mechanical rubber goods, and others.
Market Dynamics:
Two major drivers aiding the growth of recovered carbon black market are rising concerns over environmental pollution and stringent regulations regarding carbon emissions. Growing automotive industry worldwide has substantially increased the volume of discarded tires, which serves as a key source for recovered carbon black production. Various countries have implemented regulations banning the use of certain types of carbon black and enforcing the use of recovered carbon black to reduce carbon footprint. Also, recovered carbon black offers comparable quality and performance to that of virgin carbon black at a lower cost. This is encouraging manufacturers to increase reliance on rCB over conventional carbon black.
Major Driver: Increasing demand for carbon black from the tire industry
The tire industry accounts for around 70% of the total recovered carbon black demand globally. With rapid growth in the automotive industry, especially in emerging economies such as China and India, the demand for tires has increased significantly over the past few years. Recovered carbon black finds wide application in tire manufacturing due to its comparable physical and chemical properties to virgin carbon black. It can replace up to 30% of virgin carbon black content in tires. The demand for recovered carbon black from tire manufacturers is expected to continue rising with growing vehicles production and sales around the world.
Major Driver: Stringent environmental regulations regarding carbon emissions
Burning of used tires and other rubber products results in the release of various air pollutants and greenhouse gases into the environment. Many governments and regulatory bodies across major economies have imposed strict regulations targeting reduction of carbon footprint from such uncontrolled burning. Recovered carbon black production involves recycling of carbon content from old tires and rubber goods in an environmentally-controlled process, thereby minimizing air pollution. The end-product, recovered carbon black, also has a lower carbon footprint than virgin carbon black. Such companies are now under legal obligation to use recovered carbon black in their operations where possible. This is a major factor driving its higher demand.
Major Restraint: High costs associated with recovered carbon black production
While recovered carbon black yields environmental benefits, its production process entails higher costs compared to virgin carbon black. The expenses involved in collection, sorting, preprocessing and refining of used tires add to its overall manufacturing costs. Also, the capital expenditure required for setting up recovered carbon black plants is significant. These financial challenges pose a restrain to widespread adoption of this material. Many buyers prefer cheaper virgin carbon black if not mandated otherwise by regulations. Cost optimization through economies of scale and technological advancements is critical to overcoming this restraint.
Major Opportunity: Increasing requirement in non-tire rubber goods
Though the tire industry dominates its consumption currently, recovered carbon black holds promising growth opportunities in other rubber product domains as well. Rubber materials find diverse applications across industries like automobile interior & exterior parts, wires & cables, hoses & belts, footwear, flooring, seals & gaskets, and more. With growing preference for green and recycled materials, demand for recovered carbon black is rising from these non-tire sectors. Its novel properties provide functional benefits in products. If large buyers from these industries incorporate recovered carbon black in their materials, itsaddressable market scope will increase multifold in the coming years.
Major Trend: Advancements in carbon black recovery technologies
Continuous innovations are taking place to develop improved and cost-effective methods for recycling carbon content from end-of-life rubber products. New pretreatment and separation techniques enhance recovered carbon black yield and quality. Novel thermal cracking and refining mechanisms optimize energy usage. Adoption of Industry 4.0 technologies like IoT, AI, big data for predictive maintenance and process optimization helps recovered carbon black plants achieve higher efficiencies. Some pioneering companies even utilize carbon dioxide from flue gases to synthesize carbon black, creating a carbon negative footprint. As newer, greener technologies become commercially viable, production costs will reduce, driving the recovered carbon black industry to its next phase of growth.
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kenresearch1 · 1 year ago
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Top 4 players in US Black Carbon market
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STORY OUTLINE
Cabot Corporation: A leading contributor of US Black Carbon market since 1882. Their products are known to provide UV protection and conductivity.
Birla Carbon: An Indian flagship business with more than 160 years of experience in the Black Carbon business.
Continental Carbon Company: Providing Black Carbon products in lines of Industrial Rubber Carbon Black, Tire Rubber Carbon Black, and Specialty Carbon Black since 1936.
Orion Engineered Carbons: Providing Black carbon products majorly in two areas, i.e., Rubber Black Carbon and Specialty Black Carbon for more than 160 years.
According to Ken Research, the United States Black Carbon market is anticipated to become a ~USD 3 Bn. industry by 2028 by growing at a CAGR of ~2.5%.
The US Carbon Black market is rapidly growing and is anticipated to attain a significant level of growth in the upcoming years.
There are many reasons behind the growth of US Carbon Black market. Some of these reasons include increasing automotive sales, industrial growth and increase in urbanization rates, along with rise in the demand for rubber goods.
Various companies and players are contributing to their best efforts in the growth of the US Black Carbon market.
This article aims to put light on the contributions done by the major players towards the growth of the US Black Carbon market.
1.Cabot Corporation
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Founded in 1882, headquartered in Boston, Massachusetts, having more than 4000 employees worldwide, and presence in more than 20 countries along with a total revenue of USD 4 Bn. in 2022, this chemical company is a leading contributor of US Black Carbon market.
During 1993, their team was successful in developing a method or process of modifying carbon’s surface, which in turn allowed people to be able to change or modify the carbon surface with other chemicals.
This discovery also led to the development of various other technologies such as printer ink and inject colorants.
The products made by this organization has various applications in various fields such as consumer rubber products, adhesives & sealants, construction, digitalization, inject technology, oil, gas & mining, digitalization, fiber, plastics, tires, etc.
When it comes to Black Caron, this chemical company happens to be the largest producer of it. Some of the popular Black Carbon products offered by this organization include VULCAN, BLACK PEARLS, REGAL, MOGUL, ELFTEX, STERLING, MONARCH, etc.
One of the most amazing feature of their specialty carbons is that they are known to provide ultraviolet protection, and conductivity. Furthermore, these carbons are generally used in the areas of coatings, plastics, printing and packaging.
2.Birla Carbon
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Birla Carbon is one of the flagship business of the parent company Aditya Birla Group. This flagship business is the largest producer of carbon black and is a well-established business not only in the US Carbon Black but in the whole world when it comes to black carbon.
One of the interesting facts about this organization is that it has more than 160 years of experience when it comes to the Carbon industry. Moreover, this organization has 16 manufacturing sites, 2 corporate offices, 2 technology centers, and 8 offices situated in the whole world.
Their manufactured Black Carbon is primarily used in areas of Tires, Specialty Blacks, plastics, electronic products, and mechanical rubber goods.
Last year, they also have opened their remote black carbon showroom which is primarily done to get a knowledge of benefits along with applications of black carbon products.
Their black carbon primarily come in two types, i.e., Industrial and Rubber. Former’s products include COPEBLACK, RAVEN, and CONDUCTEX. While the latter’s products include STATEX and FURNEX.
Recently, they also announced that they aspire to achieve zero carbon emissions by the year 2050.
To achieve this aspiration, they are also following the Green Finance framework. Birla Carbon is also keen to achieve sustainability excellence. In fact, last year the celebrations for their decade of sustainable excellence were also done.
3.Continental Carbon Company
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Headquartered in Houston, Texas; with more than 500 employees and presence in almost 15 countries, the Continental Carbon Company is a leading American company in the US Black Carbon market. This company has been in this market since 1936.
They have various lines of work within their Black Carbon range. Industrial Rubber Carbon Black, Tire Rubber Carbon Black, and Specialty Carbon Black are primarily the three of their product lines.
Their Industrial Rubber Carbon Black is suitable for many things such as flex strength for belts & hoses, weather stripping, abrasion resistance for footwear, and commercial roofing. The products in this line include N550, N650, N660, N683, N762 and N774.
Their Tire Rubber Carbon Black is primarily provides fuel mileage, abrasion resistance, treadwear, hysteresis. The products in this category include N234, N326, N330, N351, LH30, N550, N650 and N660.
Their Specialty Carbon Black typically provides conductivity, UV protection, and pigmentation. The products in this category primarily include SBX152, SBX252, SBX352, SBX452, SBX552, SBX652, SBX256, SBX656, SBX 251, and SBX351.
4.Orion Engineered Carbons
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Operating in the Black Carbon market for more than 160 years, this German company is a well-established company in the US Black Carbon market. It has its headquarters situated in Luxembourg, Europe. On the other hand, its executive offices are situated in Houston, Texas, US.
This company was formed in the year 2011 when the Evonik Industries decided to sell off their Black Carbon business. Now this chemical company is known to be the pigment black’s largest producer, and rubber blacks’ third largest producer in the world.
Their product lines can be broadly divided into two categories: Rubber Black Carbon and Specialty Black Carbon. The former is primarily used in the tire industry while the latter is typically used paints, coatings, and lithium-ion batteries.
Footwear, Wiper Blades, Gaskets, Seals, Extruded Profiles, Tubes, Rubber flooring, Anti-vibration engine mounts, Seals, Belts, etc. are the primary applications of their Black Carbon products.
Their Black Carbon products primarily include Thermal Blacks, Furnace Blacks, Specialty Gas Blacks, Lamp Blacks, Acetylene Blacks, etc.
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mrudula01 · 1 year ago
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Isoprene Market by End-User | Recent Developments
The European Automobile Manufacturers’ Association noted that approximately 85.4 million motor vehicles were manufactured in 2022 globally. The growth in vehicle production has led to a surge in the adoption of isoprene in tire production. The International Rubber Group reported that global tire production reached around 16.87 million tons in 2021, a 9% increase from 2020. Additionally, isoprene’s resilience, tensile strength, and abrasion resistance have increased its adoption in the rubber and medical industry. As noted by Triton’s report, the global isoprene market will likely register revenue growth at a CAGR of 7.65% over the forecast years 2023-2030.
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The demand for eco-friendly tires, synthetic rubber, and footwear has further elevated the deployment of polyisoprene, styrene-isoprene styrene, etc. These factors have also influenced several R&D for effective isoprene applications. For instance, in 2022, researchers at the Leibniz Institute of Plant Biochemistry and Martin Luther University Halle-Wittenberg developed the precise conditions for the enzymatic breakdown of synthetic polyisoprene rubber.
Tire, Adhesive, & Rubber: Expanding Scope of Isoprene Market
Fastest End-user: Tires expected to advance with 7.91% of CAGR during 2023-2030
Tires are essential for vehicles like trucks, tractors, buses, aircraft landing gear, forklifts, etc., as they offer traction and cushioning for wheels. In this regard, polyisoprene tires possess strength, wear resistance, and resilience. Estimates indicate polyisoprene to witness the fastest growth in terms of usability at a CAGR of 8.07% during 2023-2030. While polyisoprene is widely preferred, isobutylene-isoprene’s elastomeric properties are ideal for tire inner and high-pressure tubes. This has prompted various strategic initiatives, including halo butyl rubber manufacturing facilities by Sibur in India, with an annual production target of 60,000 metric tons.
Increased vehicle demand and auto sales benefits have soared the demand for isoprene for tire production globally, especially in the Asia-Pacific. As per estimates, China and Japan contribute around 70% of global tire manufacturing. Therefore, expanding automotive sector creates opportunities for the Asia-Pacific isoprene market.
Revenue Growth: Adhesives expected to register a CAGR of 7.30%
Isoprene adhesives, known for their flexibility, bridge gaps on surfaces in various industries, including aerospace, medical, and electrical. In the medical industry, adhesives find applications in catheters, tapes, etc. In this regard, polyisoprene finds application as a substitute for natural rubber. Isoprene demand in this sector is because it reduces Type I allergies while mitigating nitrosamine synthesis.
As a result, several players have made significant adhesive advancements, significantly boosting the studied market’s growth. For example, in 2020, Henkel inaugurated its largest adhesive production facility in India, supporting nearby regions like the Middle East. Similarly, Arkema established a sizable adhesive factory in Japan, catering to sectors such as hygiene, packaging, labeling, etc.
Due to its outstanding tack and high flexibility, styrene-isoprene styrene (SIS) is also employed to develop adhesives. Estimates suggest SIS is set to expand in volume as it is largely used as a hygiene adhesive in personal care items such as baby diapers, feminine hygiene products, etc. Due to the availability of thermoplastic elastomers in producing these products, the demand for styrene-isoprene styrene is anticipated to increase over the forecast years.
2023-2030: Industrial Rubber Witness Volume Growth at 4.62%
Industrial rubber finds application across diverse sectors such as construction, automotive, and manufacturing. Isoprene in industrial rubber has increased, particularly in construction. It is commonly employed in wall and floor coverings, mechanical rubber goods, geo-membranes, elevators, wiper blades, rubber hoses, etc. Isoprene rubber is well-suited for industrial purposes due to its suspension capacity, rubber reusability, and versatility. The category is projected to expand rapidly due to urbanization, increased disposable income, and population growth.
In addition to the volatile cost of natural rubber, technological advancements in isoprene rubber, including styrene isoprene styrene, polyisoprene, and butyl rubber, fuel the expansion of the isoprene market. For instance, Zeon Corp and Yokohama Rubber Co Ltd co-developed a new technology to produce isoprene from biomass for synthetic rubber production.
Bio-Based Isoprene: A Sustainable Opportunity
The surge in natural gas supply over recent years has shifted ethylene production away from naphtha to ethane cracking. This transition has significantly reduced isoprene production, leading to volatile polyisoprene market prices. Consequently, more sustainable routes for isoprene production involving bio-based products are being explored.
Biomass shows promise as a renewable feedstock for polyisoprene used in the rubber industry. Bio-based isoprene holds potential in various applications, including medical appliances, footwear, rubber tires, fragrances, and polymeric materials. For instance, in 2023, Ginkgo Bioworks collaborated with Visolis to decarbonize tire manufacturing while promoting bio-based isoprene use. Hence, the growing focus on eco-friendly approaches is expected to create affluent opportunities for the isoprene market.
FAQs:
Q1) What is the volume growth of the global isoprene market?
The global isoprene market is expected to witness volume growth at a CAGR of 5.15% during the forecast period 2023-2030.
Q2) Which grades of isoprene are employed across end-user industries?
Polymer and chemical are widely employed grades across end-user industries.
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chemanalystdata · 1 year ago
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Viscose Staple Fibre Market Size, Share, Growth, Major Players, Industry Analysis by Forecast 
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According to ChemAnalyst report, “Global Viscose Staple Fibre (VSF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Viscose Staple Fibre (VSF) market has shown considerable growth in historic period and is projected to achieve a healthy CAGR of 4.78% during the forecast period. Due to continuous growing demand for bio-degradable, eco-friendly, and sustainable products from consumers, there is expected an increase in the demand of VSF for its lightweight and heat absorbing properties from Industries such as apparel and textiles. As VSF possess the ability to be light, breathable, and highly absorbent of heat and moisture, they are highly used in the manufacturing of soft, smooth, and durable fabrics for various sectors.   
Viscose Staple Fibre Overview:
Viscose Staple Fibre (VSF) also known as artificial cotton Fibre is a versatile natural and biodegradable Fibre which is similar to cotton in texture. Due to its versatility as it is breathable, flexible, easy to blend and have excellent color retention, VSF makes an incredible choice for many textile factories to manufacture fabrics for chiffon, crepe, lace, outerwear, and others.  VSF is a natural fibre that is made of cellulose from the pulp that dissolves including cotton pulp and wood pulp. The demand of viscose fibres in woven and non-woven textiles industry is expected to drive the VSF market in upcoming years. The production of the VSF increased rapidly up to 2.8 million tonnes due to the high demand in non-woven textiles applications. The insufficient availability and supply of Fibres including cotton leading to its multiple increase in prices worldwide would further propel the demand for Viscose Staple Fibres.
Read Full Report Here: https://www.chemanalyst.com/industry-report/viscose-staple-fibre-market-607
Viscose Staple Fibre Applications:
VSF has numerous applications such as Yarns: VSF are highly used in the making of viscose embroidery threads, cord, novelty Yarns, chenille etc; Fabrics: As VSF blends easily with other fibres, it is widely used in making crepes, lace, outerwear etc; Apparels: women’s, men’s and kid’s clothing are made using VSF; Domestic textiles: Viscose fibres are used in blankets, curtains, hosiery, tablecloth and others; Industrial textiles: VSF are also used in the manufacturing of mechanical rubber, goods such as tires, belts, hoses, agriculture and other textile industries.
Environmental Impact:
Chemicals that are being used in the production of Viscose such as Carbon disulphide, are toxic and can lead to adverse health effects. However, VSF is a natural fibre and have a cotton like structure, which is not considered hazardous or polluting. When it comes to biodegradation, the viscose staple fibre is highly accessible to water and microorganisms which makes them completely biodegradable. The new method that has been Introduced lately for the manufacturing of VSF is known as Lyocell Process in which N-Methlymorpholine N-oxide is used as a solvent which produces a very little waste product making it more sustainable and environmentally friendly.
Due to the onset of the Covid-19, The production, and sales of VSF were highly impacted due to the fall in textile sector. Due to government’s restrictions and nationwide lockdowns, the manufacturers halted their operations, which affected the global supply chain and distribution. However, there is expected an Improvement in the upcoming year as the economy is reopening and operations are resuming by the companies. Rising demand from woven and non-woven textile industry is driving an uprise in global VSF market. As cases due to COVID increased, the manufacturers also started focusing on the production of mask which further increased the overall market of non-woven Fibres, that is used for production of masks for example Lenzing AG, which is a leading company based in Austria which started the safety masks production in 2020 following numerous increases in the demand. 
Viscose Staple Fibre Regional Outlook:
Region wise, Asia-Pacific region dominates the VSF market followed by Europe and North America. The dominance of the APAC region is highly impacted by the continuous growth of textile industry across Asian countries leading a huge demand for VSF for various applications. The Asian countries including China, Japan, India and South Korea accounts for the largest world mill consumption of Viscose Staple Fibre for textile applications, whereas for non-woven applications, Western Europe dominates the VSF mill consumption. China has become the largest exporter of grey Viscose Staple fabrics followed by Indonesia. The production and demand of VSF has declined over the last few years worldwide. However, former Soviet Union countries and Eastern European countries has shown an increase in the production and demand of VSF over the last several years. The market price and expenditure pattern of  Australia’s textile and yarn industry similar to that of the U.S. industry.
Request Sample Report: Viscose Staple Fibre (VSF) Market Analysis Report
Some of the major players operating in global Viscose Staple Fibre market are Aditya Birla Chemicals, Glanzstoff, Jilin Chemical Fibre Group co., Ltd, Kelheim Fibres GmbH, Nanjing Chemical Fibre Co. Ltd, Xingda Chemical Fibre Co. Ltd, Lenzing AG, Tangshan Sanyou Group Xingda Chemical Fibre Co., Ltd, Xinjiang Zhongtai Chemical Co. Ltd, Sateri Holding Ltd. and Others.
“Being linked to the downstream application such as Clothing, Auto Industries and home textiles etc, the global Viscose Staple Fibre Industry has shown a significant growth along with the growing population and shifting in the consumer preference. It is projected that in the upcoming years, India is going to become the world's fifth biggest consumer market. In addition, growing per capita income worldwide poised a stronger outlook to the country’s VSF demand. The nationwide lockdown and government’s restrictions affected the global  supply chain logistics and caused immediate shortage of raw materials hence increased the prices of VSF in textile industry. Meanwhile, China serves as the major region for growth as well as with sufficiently installed capacities. With new competitors emerging across the Asian acetone market, it is extremely important to keep an eye which region will grab the biggest market share during the forecast period .” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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forblogmostly · 2 years ago
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Genesis Gas Solutions Pvt Ltd, a subsidiary of Vikas Lifecare, has received its first-ever orders for Ultrasonic Gas Meters valued at INR 30 Million.
Vikas Lifecare Limited has announced that its subsidiary, Genesis Gas Solutions Pvt. Ltd (Genesis), has received orders for Ultrasonic Gas Meters valued at INR 30 Million. These meters are highly accurate and reliable as they measure the gas volume flow by analyzing the transit times of high-frequency sound waves. They are particularly useful for Large Diameter Gas Pipe Lines, where mechanical drive meters can result in commercial losses.
The Ultrasonic meters supplied by Genesis will be used by various City Gas Distribution companies as part of their Field Regulating Skid (FRS). Genesis had previously signed an agreement with SICK AG, Germany to provide Ultrasonic Gas Meters (FlowSic 500) for Industrial and Commercial gas customers. Genesis has also integrated its own MDM solution, EnerDash, with the Ultrasonic meters (FlowSic 500) to enhance their functionality.
About Genesis Gas Solutions Pvt Ltd: Genesis Gas Solutions Pvt Ltd was established in 2017 by a team of technopreneurs and finance professionals with a focus on the City Gas Distribution sector in India. The company is a pioneer in Smart Gas and Water Metering and currently holds about 20% of the Domestic Gas Metering market share in India.
Genesis has achieved several notable accomplishments in the industry, including:
Supplying Gas meters to various CGDs of India and providing after-sales services under an exclusive supply arrangement, having supplied over 4 lakh meters of Hangzhou Beta Meter Co. Ltd.
Providing Smart Meter Interface Unit (MIU) and associated services to Indraprastha Gas Ltd, a JV of GAIL, BPCL, and the Government of NCT of Delhi.
Offering smart metering solutions (AMR & Prepaid) with RF-based Lora WAN technology in partnership with Tata Communications.
Developing India’s first Meter Data Management (MDM) and Head end system for Gas utilities, which operates over 150,000 smart meters in India.
Creating its own network solution to complement its field devices, which is being recognized by global companies such as Honeywell and Hitachi, who are testing these products for their projects worldwide.
About Vikas Lifecare Ltd: Vikas Lifecare Ltd. (VLL) is a certified ISO 9001:2015 company that trades and manufactures polymer, rubber compounds, and additives for plastics, synthetic, and natural rubber. The company operates in various business segments, including Polymer & Rubber Commodity Compounds and MasterBatches. VLL contributes to the Environment Protection initiatives of the Government of India by manufacturing up-cycled compounds from industrial and post-consumer waste materials like EVA, PVC, PP, PE, etc., and fulfilling the mandated EPR obligations for conglomerates consuming large amounts of plastic products and packaging materials.
VLL is a Del-Credere agent of ONGC Petro Additions Limited, a public sector undertaking producing a wide range of base polymers and commodity plastic raw materials.
Recently, VLL has diversified its business interests beyond raw materials and entered the B2C segment with a range of consumer products, including FMCG, Agro, and Infrastructure Products. The company plans to expand its business growth through intricately planned and selected product portfolios via acquisitions, joint ventures, and tie-ups.
VLL’s subsidiary, Genesis Gas Solutions Pvt. Ltd., is a major supplier of Smart Gas Meters to all major Gas Distribution Companies in India for domestic and commercial consumers. Genesis is a pioneer in Smart Gas and Water Metering and currently holds about 20% of the Domestic Gas Metering business share in India.
The company’s securities are listed on both the Stock Exchanges, BSE (Scrip Code: 542655) and NSE (Symbol: VIKASLIFE).
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severepeanutperfection · 2 years ago
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Forestry Equipment Tires Market Share and Growth Factors Impact Analysis 2028
On the basis of insights and findings in the report, the long-term stance for the global forestry equipment tires market is expected to be positive with an estimated value CAGR of 5.7% during the forecast period. Increasing demand for wood and wood products, coupled with the shift towards mechanization and automation in forestry operation to increase efficiency and output, is one of the key factors expected to lay a robust foundation for the growth of the forestry equipment tires market during the forecast period. The global forestry equipment tires market is estimated to create an incremental $ opportunity of US$ 920.8 Mn during the forecast period.
Global Forestry Equipment Tires Market: Segmentation Overview
On the basis of type, the pneumatic segment is expected to be a high value segment, accounting for a significant share of the global forestry equipment tires market. While the segment is expected to witness robust growth during the forecast period, it is expected to face stiff competition from solid tires and polymer based tires, owing to their enhanced performance and longer work life.
Among equipment type segments, the forestry tractor tires segment is pegged to be a prominent segment in the global forestry equipment tires market. The segment is expected to maintain its prominence through the forecast period. The forestry skidders and forwarders segment is expected to expand at a significant pace during the forecast period
By sales channel type, the aftersales channel segment dominates the global forestry equipment tires market with a significant share and is expected to experience robust growth during the forecast period
For More Info @ https://www.persistencemarketresearch.com/market-research/forestry-equipment-tires-market.asp
Global Forestry Equipment Tires Market: Vendor Insights
The global forestry equipment tires market is consolidated with tier-I players accounting for a significant share during 2018. Some of the leading market participants operating in the global forestry equipment tires market, including MICHELIN, Nokian Tyres plc, Bridgestone Corporation, Titan International, Inc., Balkrishna Industries Limited, The Yokohama Rubber Co. Ltd., Trelleborg AB, Qingdao Qizhou Rubber Co. Ltd., Maxam Tire International LTD and Tianjin United Tire & Rubber International Company Limited.
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sanjay-chem · 2 years ago
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Styrene Butadiene Rubber Market Size, Share, Demand and Trends by 2022-2032
The global styrene butadiene rubber market is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Mn in 2022 and is anticipated to surpass US$ 18,079.6 Mn by 2032.
As per the historic analysis of FMI, styrene-butadiene rubber sales grew at a CAGR of 5.2% between 2016 and 2021, owing to the use of rising applications including tires, footwear, and polyurethane adhesives among other. The rising demand for synthetic and processed rubber is predicted to improve the sales of styrene-butadiene.
End-use industries are rapidly inclining towards synthetic rubber over natural rubber in the automotive tire industry which is expected to bolster growth in the styrene butadiene rubber market. Over recent years, the use of synthetic rubbers such as styrene-butadiene has witnessed impressive growth due to technological advancements coupled with rising applications in the industrial and automotive sectors. Backed by these factors, Future Market Insights (FMI) expects styrene butadiene rubber sales to reach US$ 18,079.6 Mn in 2032.
Key Factors
The styrene-butadiene rubber is becoming the consumer’s preferable choice because of its impeccable properties such as excellent heat resistance, low rolling resistance, wear resistance, and abrasion resistance. Therefore, end-users are inclining toward styrene butadiene rubber in the automotive industry. These above factors are expected to fuel the expansion of the global styrene butadiene rubber market in the coming years.
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Due to the rise in sales of automobiles all over the world, the demand for styrene butadiene rubber is predicted to surge over the forecast period (2022-2032). As per the segmentations, the solution SBR segment is likely to witness the fastest growth during the forecast period.
Demand for solution SBR is predicted to increase in the footwear application, fueling the sales in the market. As per the studies, styrene-butadiene rubber is considered to be the most processed and synthetically manufactured rubber.
The production of products and parts of products including car tires, mechanical rubber equipment or machine parts, and shoe soles, among others, are all made of this product. One of the major key factors expected to drive its growth in the styrene butadiene rubber (SBR) market is rising demand from the tire manufacturing industry.
In addition to that, surging demand for new automobiles and replacement tires along with the rising interest for synthetic rubber over industrial rubber is expected to fuel market growth. Styrene butadiene rubber has inherent advantages in terms of stability and physical properties, driving growth in the market.
Competitive Landscape
Leading manufacturers of styrene butadiene rubber primarily focus on developing sustainable butadiene in order to avoid being impeded by stringent government rules that restrict the use of chemically manufactured butadiene in various regions. To efficiently fit into the increasingly popular circular economy trends, SBR manufacturers are focusing on achieving sustainability in their business models.
Styrene Butadiene Rubber Market by Category
By Type:
Emulsion     SBR (E-SBR)
Solution     SBR (S-SBR)
By Application:
Tires
Footwear
Gaskets     & Hoses
Adhesives     & Sealants
Conveyor     Belts
Electric
By Region:
North     America
Latin     America
East     Asia
Europe
South     Asia & Pacific
Middle     East & Africa
More Insights into the Styrene Butadiene Rubber Market
The U.S. is considered to dominate the global styrene butadiene rubber market in the North American region. Due to the rising popularity of electric vehicles, the overall sales of automobiles in the U.S. are expected to spur over the estimation period. This will also surge the demand for tires, which will in return boost sales of styrene butadiene rubber and styrene butadiene rubber latex.
Styrene butadiene rubber suppliers in the U.S. will also be benefitted from lucrative business opportunities brought on by the presence of leading industry players in the country. These aforementioned factors are anticipated to boost the growth in the U.S. styrene butadiene rubber market during the forecast period.
Attributed to the strict government initiatives and thriving automotive industry has encouraged the growth of the manufacturing sector, opportunities for suppliers of styrene butadiene rubber are expected to boost the market. Styrene butadiene rubber (SBR) demand witnessed a noticeable increase in China by registering a growth of 6.3% throughout the forecast period.
Browse Full Report: https://www.futuremarketinsights.com/reports/styrene-butadiene-rubber-market
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wahid007posts · 2 years ago
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Material Testing Market Estimated huge growth at a CAGR of 4.4% by 2022
The global "Material Testing Market is estimated at USD 633.6 Million in 2017 and is projected to reach USD 785.7 Million by 2022, at a CAGR of 4.4% from 2017 to 2022. Growing demand for material testing in various industries is the major driver of the market. The growing industrialization is also driving the market.
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=207231755     
Browse 70 market data Tables and 26 Figures spread through 123 Pages and in-depth TOC on "Material Testing Market”
The growing demand for material testing in the educational institutions is driving the material testing market. The increasing necessity to meet manufacturing standards, such as ASTM, and ISO, have resulted in high demand for material testing equipment.
Among types, the universal testing machines segment led the material testing market in 2016
Universal testing machines is the largest segment of the material testing market, owing to its cheap availability and its wide usage in various industries. Moreover, it is used to test mechanical properties in various materials, such as metal, rubber, polymers, and ceramics. It is also used to perform tests such as tensile, compression, peel, bend, and puncture test in industries, such as automotive, educational, medical devices, construction, aerospace & defense, and power.
Among end-use industries, the educational institutions segment is expected to lead the material testing market during the forecast period
Educational institutions is the largest segment of the material testing market, owing to the increasing R&D activities carried out by the research scholars. Research is carried out by educational institutions either individually or in collaboration with the industries for better product developments.
https://www.prnewswire.com/news-releases/material-testing-market-worth-7857-million-usd-by-2022-670882373.html
The material testing market in Asia Pacific is projected to grow at the highest CAGR during the forecast period
Asia Pacific is the largest and the fastest-growing market for material testing. It is also a major market for construction, educational institution, and automotive globally. Countries in Asia Pacific are expanding their production capacities and investing in new projects due to increasing industrialization. Growing economies, increasing population, and standard of living are driving the automotive, construction, and aerospace & defense industries in the region. This, in turn, is fueling the growth of the material testing market in Asia Pacific.
Key players in the material testing market
Key players operating in the material testing market are Instron (US), Zwick Roell (Germany), MTS Systems (US), Shimadzu (Japan), and Tinius Olsen (US). These companies undertake dynamic business strategies to sustain their growth in the material testing market.
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expert-market-research · 2 years ago
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Global Liquid Nitrogen Market To Be Driven By Rising Demand In Chemical And Pharmaceutical Industries In The Forecast Period Of 2021-2026
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The new report by Expert Market Research titled, ‘Global Liquid Nitrogen Market Size and Forecast 2021-2026’, gives an in-depth analysis of the global liquid nitrogen market, assessing the market based on its end uses, function, coolant, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/liquid-nitrogen-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Forecast CAGR (2021-2026): 4%
In the past, the chemical and pharmaceutical industries were the primary end-users, and these industries are expected to grow rapidly in the coming years. In the chemical and pharmaceutical sectors, liquid nitrogen is used to cool catalyst-filled reactors. Rubber and plastic are another important end-user division of the industry, as liquid nitrogen is used as a refrigerant in deflashing systems in rubber manufacturing. Its ultracool temperature eliminates the need for pre-cooling and allows it to quickly lower the flash temperature, reducing cycle times and improving transportability. In addition, ultracold, inert nitrogen can help reduce the amount of heat generated during the grinding process, resulting in high-quality, very small, uniformly formed particles.
Liquid Nitrogen Market Industry Definition and Major Segments
Liquid nitrogen is used as a cryogen in a variety of applications where low temperatures are needed. It is commonly used in cryosurgery, cryotherapies, and cryopreservation to dissolve decayed tissues and extract warts, moles, skin stains, verrucas, and some skin cancers. It is also used as a coolant to shrink mechanical gears temporarily during device building, resulting in better intrusion suits.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/liquid-nitrogen-market
On the basis of function, the market is bifurcated into:
Coolant
Refrigerant
By technology, the market is bifurcated into:
Cryogenic distillation
Pressure swing adsorption
On the basis of storage, the market is divided into:
Cylinders and packaged gas
Merchant liquid
Tonnage
Others
Based on end-use, the market is segmented into:
Chemical and pharmaceutical
Healthcare
Food and beverage
Metal manufacturing
Construction
Rubber
Plastic
Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Liquid Nitrogen Market Trends
Over the forecast period, the industry’s growth will be boosted significantly by the leading players’ rising emphasis on expanding their footprint across key emerging markets and increasing their production potential. Linde plc (NYSE: LIN) is a global chemical corporation based in Guildford, England. By market share and sales, it is the largest industrial gas group. On July 7, 2020, Linde will open a state-of-the-art hydrogen and carbon monoxide facility in Clear Lake, Texas (TX), as well as a new air separation centre in LaPorte, Texas. The plants can supply oxygen, nitrogen, and carbon monoxide to Celanese, as well as hydrogen to other customers, through Linde’s U.S. Gulf Coast pipeline system, according to a newly signed long-term agreement. Business growth is expected to be supported by such innovations in the coming years.
Key Market Players
The major players in the market are Linde plc, Air Products Inc., Praxair Technology, Taiyo Nippon Sanso Corporation, and Southern Industrial Gas Sdn Bhd. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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researchgmi · 2 years ago
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How Big Is The Medical Polymers Market Today And How Fast It Is Growing? The Lubrizol Corporation, Formosa Plastics Corporation, U.S.A., and Kraton Corporation
The global medical industry is witnessing considerable utilization of several polymeric materials across tissue engineering and drug delivery applications. These products offer flexibility, ease of fabrication, and biocompatibility while exhibiting mechanical, electrical, thermal, and chemical behaviors upon combining with different other materials. The growing deployment of innovative technologies and rapid strides in modern medicine have also paved the path for the greater use of biomaterials.
Presently, a multitude of biological, hybrid and synthetic polymers are adopted across multiple medical applications to cater to specific requirements as they can tune to physical, chemical, and biological properties. While polymeric biomaterials are biodegradable and can be broken down and removed post serving their function, degradable polymers are clinically used as surgical sutures and implants. Biocompatible and biostable polymers have also largely grown popular for packaging implanted devices. The influx of novel methods for the synthesis as well as the modification of the polymers will influence the higher product penetration.
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Looking into these emerging trends, several prominent medical polymers market players are actively turning to innovations and are focusing on ramping up their production capacities to increment their revenue sales. For instance, in October 2021, DuPont announced its plans of expanding its in-house medical-grade silicone elastomers manufacturing capabilities in Michigan in a bid to alleviate the supply chain pressure.
Throwing more light on similar advances in this space, estimates have proposed that the global medical polymers market size will cross a valuation of over USD 31 billion by 2027.
Growing penetration of medical fibers & resins
Fibers and resins, on account of their lower cost, lighter weight, and better biocompatibility are extensively incorporated in medical applications. They mostly constitute polyvinyl chloride (PVC), polypropylene, polystyrene, polyethylene, polyimide, polycarbonate, and polyurethane, among others. PVC, given its higher popularity as a versatile plastic, marks a widespread presence in safe, pre-sterilized, single-use medical devices to offer improved treatment and limit cross-contamination between the patients.
In fact, PVC is a largely utilized plastic within the healthcare sector and accounts for close to 25% of all medical-plastic compounds. Its increasing acceptance over glass, ceramics, metal, and rubber to exhibit weather resistance, durability, and fire retardancy will drive medical polymers market growth in the long run.
Escalating use of medical devices & equipment
The intensifying demand for medical devices has stirred the need for easy to handle, and lighter in weight alternatives to metals and glass. The WHO (World Health Organization) has reported that there are over 2 million different kinds of medical devices in the world market.
In order to enhance the quality of healthcare delivery, polymers and polymer matrix composites are tremendously utilized in medical devices & equipment. These materials make it easy to maintain sterility and hence are used in the production of cheap as well as disposable tools and devices, including catheters, syringes, and surgical gloves.
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Of late, polypropylene is highly adopted in surgical meshes & trays, suture materials, oxygenator membranes, and extruded film applications like medical pouches and monoblastic packaging containers. This is adding an edge to the medical polymers industry expansion. The magnifying usage of PVC in tubing, blood bags, and pre-sterilized disposable devices will also anchor the product demand.
Driven by their amazing versatility, polymers enable the designing and manufacturing of a vast variety of products to match the differing application requirements. The ongoing COVID-19 crisis has also contributed huge impetus to the higher adoption of these materials in temporary testing and vaccination centers. The amplified demand for PVC-based inflatable hoods for gowns, ventilators, gloves, and visors to protect the healthcare workers from the virus is another impact rendering factor for medical polymer industry development.
Notable participants in the Medical Polymers Market include: Evonik Industries, Celanese, Bayer AG, Dow Chemical, DuPont, Eastman Chemical, Huntsman Corporation.
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