#Middle East & Africa Light Commercial Vehicle Tire Market news

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According to MarkNtel Advisors’ research report, “The Middle East & Africa Light Commercial Vehicle Tire Market Analysis, 2021,” the market is likely to grow at a CAGR of around 9.6% in the forecast period of 2021-26. It owes primarily to the contribution of leading companies in the advancement of tires, which are flat-run, budget-friendly, nitrogen-based tires, environment-friendly, etc. Besides, the leading market players are introducing several next-generation fuel-efficient tire technologies that can bring excellent fuel efficiency & inflation pressure to phenomenally reduce the deformation of tires. Hence, these are crucial factors increasing the tire demand and fueling the overall market growth in the coming years.

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Wax Emulsion Market - Forecast(2024 - 2030)

Wax Emulsion Market Overview

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The emergence of COVID-19

The outbreak of COVID-19 has negatively impacted the wax emulsion market. The abrupt closure of production centers in China, and its impact caused chaos among global auto manufacturers in European Union, US, India, and South America region. For instance, Toyota Motor Corporation reported a YoY sales decline of 26%, May’s unit sales were almost double that of April, which fell 56% YoY.

Additionally, Sales of new-energy vehicles (NEVs) in China in June fell 35% YoY to 85,600 units, following a drop of 26% in May and 30% in April. The demand for wax emulsion lowered due to the declining automotive industry. In addition, a decrease in purchasing capital lowered construction activities and demand for apparel. According to the National Bureau of Statistics of China, the online retail sales of clothing goods decreased by 18.1 percent, substantially hampering the growth of the wax emulsion market.

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Wax Emulsion Market Report Coverage

The report: “Wax Emulsion Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wax Emulsion Market.

By Type: Natural (Animal, Vegetable and Minerals), and Synthetic (Polyethylene, Polypropylene, Paraffin, poly tetrafluoroethylene (PTFE), Fischer-Tropsch, and Others)

By Application: Wood Coatings, Adhesive & Sealants, Printing Inks, Fiberglass Insulation, Metal Polish, Lubricants, Textile Finish, cold creams, lipsticks, Tires, and Others

By End-Use Industry: Paint & Coatings, Building & Construction (Residential, Commercial, Industrial, and Infrastructure), Textile & Leather, Pulp & Paper, Cosmetics and Personal care, Automotive (Passenger Cars, Light Commercial Vehicle, and Heavy Duty Vehicles), Packaging, Wood Processing, and Others.

By Geography: North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (the Middle East, and Africa)

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Key Takeaways

● The U.K has shown significant growth in the wax emulsion market due to its high demand from wood processing industries for the protection of woods from water and prevent rotting.

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Wax Emulsion Market Segment Analysis — By Type

Synthetic segment held the largest share of more than 60.23% in the Wax Emulsion market in 2023. Synthetic wax emulsions are synthesized from synthetic polymers such as polyethylene, polypropylene, polytetrafluoroethylene, and many more. Synthetic wax emulsions are long-lasting, abrasion-resistant and provide good protection from contaminants like dust, grime, and corrosion. Thus, the availability of synthetic wax emulsion with varied properties makes it suitable for numerous applications including paints & coatings, cosmetics, and construction, significantly augmenting the market growth. However, increasing environmental concerns are driving the demand for natural wax emulsions such as Lanolin, Beeswax, Carnauba, and Candellila waxes.

Polyethylene wax segment consists of low-density polyethylene (LDPE) and High Density Polyethylene (HDPE) and is obtained by polymerization of Ethylene monomers. Physical attributes such as water-repellence, abrasion resistance, slip control, lubrication, and anti-blocking are contributing to the growth of polyethylene wax emulsion. Polyethylene wax emulsion manufactures more easily and is cost-effective. Surging use of polyethylene wax emulsion in lithographic and flexographic inks for an improved rub and mar resistance and slip characteristics also aids the market growth.

Wax Emulsion Market Segment Analysis — Application

Wood Coatings segment is projected to witness the highest CAGR of 6.4% during the forecast period. Wax emulsions are extensively used in paints & coatings as they provide a consistent neutral color and offer formulators maximum flexibility in pigmented applications. Wax emulsions also improve the durability of water-based paints, by offering excellent scratch- and abrasion resistance. An increase in building and constructions has proliferated the demand for paint & coatings.

Hence, surging demand for paints and coatings as a consequence of huge constructional activities may bolster the growth of the wax emulsion market.

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Wax Emulsion Market Segment Analysis — End-Use Industry

Textile and leather segment held the largest share of more than 26% in the wax emulsion market in 2023. Wax emulsions are used in the textile and leather industry for waterproofing of textile and leather substrates, modifying the frictional properties of fibers, yarns, and sewing threads for better processability, and for enhancing the performance of finishing compounds such as softeners, silicones, and resins. They also provide superior fabric properties such as improved flex abrasion resistance, tear strength, and sewability. Owing to the above benefits the demand for wax emulsions is increasing from textile and leather industries. The Advanced Functional Fabrics of America Institute (AFFOA) brought over $300 million in public-private investment to develop futuristic fabrics and textiles helping to accelerate the revival of textile manufacturing in the United States. The thriving textile industry across the globe and vast technological advances may boost the global demand for wax emulsion.

Wax Emulsion Market Segment Analysis — By Geography

Asia Pacific dominated the Wax Emulsion market with a share of more than 41% in 2023 followed by North America and Europe. Increasing per-capita income and adoption of western culture in emerging economic nations especially in China, and India has boosted the growth of fashion industry and also increased the demand for leather. Increasing demand for apparel and expansion of textile industries across the country is also aiding the growth of market.

With the rising popularity of functional textiles that offer additional properties like water repellency, UV protection, and stain resistance, the demand for wax emulsions in textile coatings and finishes is on the rise. The growing demand for leather and apparel products in emerging markets, coupled with increasing disposable incomes and changing consumer preferences, presents significant opportunities for wax emulsion manufacturers to expand their presence and capture a larger market share in these regions. Thus huge spending on apparels and leather articles escalate the growth of the wax emulsion market.

Wax Emulsion Market Drivers

Growing demand from automotive industries

Wax Emulsions are water repellent, hence its use in automotive paints and polishes prevents water from accumulating in nooks and crannies of car’s surface thereby reducing the risk of corrosion and prevents the formation of water stains and spots on the surface. Wax emulsion are also used as lubricants and in car’s interior leather for matt effect and smoothness. Increase in standard of living coupled with high disposable income boosts the demand for automotive.

Automotive manufacturers prioritize the aesthetic appeal of vehicles to attract customers. Wax emulsions contribute to achieving a glossy finish and enhancing the appearance of automotive coatings, making vehicles more visually appealing to consumers. Continuous innovations in wax emulsion formulations cater to the evolving needs of the automotive industry. Advanced wax emulsions offer improved performance characteristics such as enhanced durability, scratch resistance, and water repellency, meeting the stringent requirements of automotive manufacturers and contributing to market growth. Thus rise in automotive demand augments the growth of the wax emulsion market.

Increasing use of paper and pulp as a substitute for plastics

Increasing environmental concerns and the use of paper as a substitute for plastics drive the growth of the wax emulsion market. In paper coatings, the wax emulsion is added to the coating mixture to reduce dusting during calendaring, to increase water repellency, to improve flexibility, and to raise gloss. When used as sizing in the paper, the wax emulsion helps prevent aqueous solutions, such as ink, from soaking into the paper and paperboard. According to an environmental paper network (EPN), paper use is steadily increasing year on year and exceeded 412 million tons per year in 2023. Also, total paper and paperboard demand for domestic applications such as tissue paper, newsprint, boxboard, etc. reached to 26,592 thousand metric tons in 2023 in Japan, according to the Japan paper association. Therefore, accelerating use for paper augments the demand for wax emulsions for paper sizing.

Wax Emulsion Market — Challenges

Volatility in prices of raw material

The raw materials often used for manufacturing waxes emulsion such as paraffin, polyethylene, and polypropylene are derived from the crude oil. So, fluctuation in oil prices also hampers the prices of wax emulsions. According to, BP Statistical Review of World Energy, in the recent year there is been an increase in the price volatility of crude oil, such as the crude oil price increased from $81.12 in 2022 to a price of $97.67 per barrel in the financial year 2023 hovering a high price rise, and because of this uncertainty in crude oil prices, the price of wax emulsions also increases. The volatility in crude oil prices is expected to be a significant challenge for wax emulsion manufacturers during the forecast period.

Wax Emulsion Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Wax Emulsion market report. Major players in the Wax Emulsion market are:

1. The Dow Chemical Company

2. Exxon Mobil Corporation

3. Momentive Performance Materials Inc.

4. Michelman, Inc.

5. Lubrizol Corporation

6. BASF SE

7. Croda International Plc

8. Arkema SA

9. Lanxess AG

10. Huntsman Corporation and others

Acquisitions / Technology Launches:

● Münzing Group’s Production Plant Inauguration (July 21, 2022): The Münzing Group inaugurated a state-of-the-art production plant in Zeitz Chemical and Industrial Park. This significant investment of EUR 50 million resulted in the creation of 40 new jobs.

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Polyurethane Elastomers Market - Forecast(2024 - 2030)

Polyurethane Elastomers Market Overview

The Polyurethane Elastomers Market size is forecasted to grow at a CAGR of 4.5% during the forecast period 2022-2027 and reach US$10.8 billion by 2027. Polyurethane Elastomers can be blended into various materials which include polymethyl methacrylate, polypropylene, polystyrene, vinyl ester, polyamide and other materials. It is used in a wide range of industries such as automotive, aerospace, construction, footwear and other industries. In 2020, the COVID-19 lockdown had significantly reduced production activities as a result of the country-wise shutdown of manufacturing sites, shortage of labor and the decline of the supply and demand chain all across the world, thus, affecting the polyurethane elastomers industry. However, a steady recovery in automobile production has been witnessed across the world since 2021. Polyurethane elastomers are primarily used in the automotive industry for the production of tires and body panels of an automobile. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), the total global automobile production reached 80.2 billion units in 2021, an increase of 3% as compared to 77.7 billion units in 2020. An increase in automotive production along with the surging demand from the construction industry is expected to drive the growth of the polyurethane elastomers market size in the upcoming years. On the other hand, fluctuating prices of raw materials may confine the growth of the market.

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Polyurethane Elastomers Market Report Coverage

The “Polyurethane Elastomers Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Polyurethane Elastomers Market.

By Material Type: Thermoplastic (Polyether, Polycaprolactone, Polymethyl Methacrylate, Polypropylene, Polystyrene, Others), Thermoset (Polyamide, Vinyl Ester, Others).

By Processing Method: Injection Molding, Extrusion, Blow and Compression Molding.

By Application: Automotive Body Panels, Tires, Adhesives, Fibers, Industrial Tools, Appliances, Conveyor Belts, Sealing Gaskets, Lubricants, Consumer Products, Others.

By End-Use Industry: Transportation (Automotive (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicles), Aerospace (Commercial, Military, Others), Marine, Locomotive), Construction (Residential, Commercial, Industrial), Footwear, Electrical & Electronics, Adhesives & Sealants, Medical, Textile, Others.

By Geography: North America (USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America), the Rest of the World (the Middle East and Africa).

Key Takeaways

The injection molding segment held a significant share in The Polyurethane Elastomers Market in 2021. Its wide range of characteristics and higher efficiency made it stand out in comparison to other types of processing methods in the market.

Footwear industry held the largest share in the Polyurethane Elastomers Market in 2021, owing to the increasing demand for polyurethane elastomers for the production of footwear, owing to its properties such as durability, flexibility and lightness.

Asia-Pacific dominated the Polyurethane Elastomers Market in 2021, owing to the increasing demand for polyurethane elastomers from the footwear industry in the region.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Polyurethane Elastomers Market Report

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Para-aramid Fibers Market - Forecast(2024 - 2030)

Para-aramid Fibers Market Overview

Para-aramid fibers market size is forecast to reach $6.6 billion by 2026, after growing at a CAGR of 7.2% during 2021-2026. Para-Aramid is an aromatic polyamide distinguished by long, rigid polymer crystalline chains. The major drivers for this market are the increasing usage of para-aramid fiber in brake pads, clutches, transmission belts, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors. Also, the increasing utilization of para-aramid fiber as an alternative to asbestos and steel in military and aerospace applications for ballistic grade body armor fabric is likely to fuel market growth over the forecast period. Furthermore, stringent government norms regarding the safety of employees at the workplace and large penalties for non-compliance with these standards is also anticipated to contribute to the para-aramid fiber industry growth during the forecast period.

COVID-19 Impact

The COVID-19 pandemic has impacted the day-to-day practices of virtually all major companies around the world, bringing economies to a standstill. This has led to a decrease in the demand and production of aromatic polyamides such as aramid fibers in most of the applications, which is lowering the consumption of para-aramid fibers in 2020. The adoption of these fibers in personal protective equipment (PPE) apparel, on the other hand, has rapidly increased. The manufacturers are also focused first on fulfilling the PPE orders because during the pandemic they have become a critical component. For instance, DuPont is manufacturing PPE clothing based on its Nomex aramid, Kevlar & Tychem, and Tyvek. The demand for aromatic polyamides such as aramid fibers is very high as compared to other materials, owing to which the market is gradually gaining momentum again.

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Report Coverage

The report: “Para-aramid Fibers Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the para-aramid fibers Industry.

By Product Form: Paper, Filament Yarn, Powder, Film, Short-Cut Fibers, Pulp, and Others.

By Application: Reinforcement (Composites, Rubbers, Elastomers, Cables, and Others), Protective Apparels (Chemical Resistant apparels, Flame Resistant apparels, Cut Resistant apparels, and Others), Ballistic Protective (Body Armor, Bullet-Proof Vests, Vehicle Armor, Helmets, and Others), Friction Linings (Clutch Plates, Brake Pads, Transmission Belts, and Others), Adhesives & Sealants, and Others.

By Application: Protection & Security, Automotive (Automotive Cars, Light Commercial vehicles (LCV), Heavy Commercial Vehicles (HCV), and Others), Aerospace (Commercial, Military, and Others), Electrical & Electronics (Fibre Optic, Electromechanical Cables, Circuit Boards, And Others), Marine (Passenger, Supply Vessels, Cargo, and Others), Industrial (Mining, Oil& Gas, Power Generation, Chemical, and Others), Building & Construction (Residential, Commercial, and Others), Sports (Tennis Strings, Hockey Sticks, and Others), and Others.

By Geography: North America (U.S., Canada, and Mexico), Europe (U.K, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).

Key Takeaways

Europe dominates the para-aramid fibers market, owing to the increasingly stringent government regulations in the region governing the proper usage of proper personal protective equipment (PPE) in the workplaces.

Para-aramid fibers are used widely in friction and sealing products as an alternative to asbestos. Due to superior advantages such as extended life, non-glaze/smear on the surface of the lining, fade resistance, and non-aggressive wear on drums and discs, they are commonly used in friction plates, transmission belts, and pads. Over the projected period, this is expected to fuel demand.

Furthermore, Para-aramid fibers are used as strength providers in the design and manufacturing of fiber optic cables owing to their low weight, flexibility, dielectricity, and handling. Thus, the rise in demand for high bandwidth fiber optic cables for data services and communication is also expected to have a positive influence on the market.

Increasing onshore and offshore drilling activities, coupled with a thriving shale oil and gas industry is also anticipated to play a key role in driving the demand for aromatic polyamides such as para-aramid during the forecast period.

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Para-aramid Fibers Market Segment Analysis - By Product Form

The filament yarn segment held the largest share in the para-aramid fibers market in 2020 and is expected to grow at a CAGR of 7.8% during 2021-2026, owing to the various benefits that it offers when compared to other fiber forms. Filament yarn-based para-aramid fibers offer extensive characteristics such as excellent strength-to-weight properties, high dimensional stability, heat resistance, flame resistance, chemical resistant, and more. Owing to these extensive characteristics of filament yarn-based para-aramid fibers are largely employed in applications such as filtration, protective clothing, transmission belts, laundry tape, and more. Thus, these extensive characteristics are the major factor driving the demand for filament yarn-based para-aramid during the forecast period.

Para-aramid Fibers Market Segment Analysis - By End-Use Industry

The protection & security segment held the largest share in the para-aramid fiber market in 2020 and should grow at a CAGR of 8.2% during 2021-2016. A huge amount of para-aramid fiber is used in safety & protection applications such as military, private security, municipal law enforcement, and private contractors involved in government projects. Para-aramid fiber is also used in personal protective equipment (PPE) to help manufacturers provide premier cut protection from on-the-job hazards in the automotive, manufacturing, construction, aerospace, and electronics industries. These fibers are generally sued to make stab-proof, fire-proof, and cut-proof protective clothing such as coveralls, gloves, footwear, and helmets. Recent technological advancements in armors helped to reduce the extra weight for soldiers, and also further improvisation in personal protective clothing is driving the demand for soft and lightweight armor materials.

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Para-aramid Fibers Market Drivers

Stringent Government Regulations Regarding the Safety of Employees at the Workplace

Various governments are implementing stringent regulations to govern the proper usage of protective apparel in worksites to ensure the safety of employees. For instance, according to the Food Safety (General Food Hygiene) Regulations, it is mandatory for every person working in a food handling area to wear suitable, clean, and appropriate, protective clothing. Also, the Control of Substances Hazardous to Health Regulations (COSHH) made it necessary for food industry workers to use protective clothing and equipment. Therefore, owning to these regulations the demand for protective clothing from the food industry is increasing. In addition, various government regulations and standards have made it mandatory for metal and mining industry workers to wear protective clothing, such as NFPA 70E, ANSI / ISEA 138, and so on. Hence, owing to these regulations the demand for protective clothing from the metal and mining industry is increasing. Various government regulations and standards have made it necessary for law enforcement and firefighters to wear protective clothing while performing their duties such as NFPA1971, EN 1486, EN 13911, and EN 659. Therefore, owning to these regulations and standards the demand for protective clothing is increasing, which is driving the para-aramid fibers market growth.

Flourishing Automotive and Aerospace Industry

The use of para-aramid fibers in tires provides advantages such as higher performance, higher protection, higher comfort, and lower fuel consumption, resulting in increased demand from the automotive industry. In addition, para-aramid fibers are also used in aerospace components, including wings, fuselage, landing gear doors, trailing edge plates, vertical and horizontal stabilizers, and flight control surfaces. They are used primarily in these components because of their superior performance characteristics such as impact resistance and low weight. And the automotive and aerospace industry is flourishing in various regions. For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA), the production of light commercial vehicles has increased from 1,348,932 in 2018 to 1,431,904 in 2019, an increase of 6.2% in Canada. In November 2020, Boeing projected that China's airlines will buy $1.4 trillion worth of 8,600 new aircraft and $1.7 trillion worth of commercial aviation services over the next 20 years. By 2030, Boeing's latest business outlook predicts demand for 2,520 new aircraft in the Middle East. And with the flourishing automotive and aerospace industry, the demand for para-aramid will also substantially increase, which will then drive the market growth.

Para-aramid Fibers Market Challenges

Presence of Alternative Materials and High Production Cost of Para-Aramid Fibers

It is anticipated that the danger of substitutes will remain moderate over the forecast period. While aramid fibers are extremely famous for their robust applications in the industry, they also have some demerits. The propensity to absorb moisture, for instance, discourages their use in a wet environment. These products are also combined with epoxy systems to solve certain problems. Such additives further increase the overall cost of the product and unlatch the door for other substitute materials. For instance, carbon, glass, and polyethylene fibers can be used as alternatives to para-aramid fibers depending on the requirement in various application segments. Furthermore, product manufacturers are facing numerous challenges, elevated manufacturing costs, and low production efficiency, high initial investment, and inconsistent raw material supply are also expected to hamper market growth, thereby restraining the para-aramid fibers market growth during the forecast period.

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Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the para-aramid fibers market. Major players in the para-aramid fibers market are China National Bluestar (Group) Co. Ltd., DuPont de Nemours Inc., Huvis Corp., Hyosung Corp., Kermel, Kolon Industries Inc., Sro Aramid (Jiangsu) Co. Ltd., Teijin Ltd., Toray Industries Inc., and Yantai Tayho Advanced Materials Co.

Acquisitions/Technology Launches

In November 2020, Teijin Aramid announced the results of its sustainability-focused pilot program (2018). The pilot proves that this innovative approach can improve the environmental impact of Teijin Aramid’s production processes, without altering the material properties of the resulting ultra-high-strength para-aramid fibers under the brand name Twaron® yarn.

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Airless Tires Market to See Huge Growth by 2030

Global Airless Tires Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some are the key & emerging players that are part of coverage and have being profiled are Michelin Group (France), Cooper Tire & Rubber Company (United States), Goodyear Tire & Rubber Company (United States), Hankook Tire Group (South Korea), Bridgestone Corporation (Japan), Tannus Ltd. (United Kingdom), Toyo Tires (Japan), Sumitomo Rubber Industries (Japan), Amerityre Corporation (United States), Kenda Rubber Industrial Company (Taiwan), Marathon Industries, Inc. (United States). Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/27848-global-airless-tires-market The airless tire is tires which are not upheld by air pressure. It is used in small vehicles, for example, riding yard cutters and mechanized golf trucks. They are additionally used in irresistible hardware, such as excavators, which are required to work on locales, for example, building obliteration, where the danger of tire punctures is high. Tires made out of shutting cell polyurethane froth are also made for bikes and wheelchairs. The main thing which must be considered when trying to design a non-pneumatic tire is the issue of deformation. The tire must be strong enough to hold the car and withstand a large amount of abuse, and also be able to deform slightly when it comes in contact with the road.

The titled segments and sub-section of the market are illuminated below:

by Type (Radial, Bias), Vehicle (Light Commercial Vehicles, Heavy Commercial Vehicles, Military Vehicles, Passenger Cars, Two-Wheelers), Sales Channel (Original Equipment Manufacturers, Aftermarket), Material (Rubber, Plastic)

Market Trends:

Evolving More Reliable and Seamless Airless Tire Design

Increasing Emphasis on 3D-Printed Airless Tires

Opportunities:

Upsurge in Demand for Airless Tires in Aftermarket and Technological Advancements

Market Drivers:

Prevent Accidents Due To Blowouts and Punctures Which Ensure Safety

Rise in Number of Heavy Commercial Vehicles Due To Urbanization

Global Airless Tires market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years. Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global Airless Tires Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/27848-global-airless-tires-market Points Covered in Table of Content of Global Airless Tires Market:

Chapter 01 – Airless Tires Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Airless Tires Market - Pricing Analysis

Chapter 05 – Global Airless Tires Market Background

Chapter 06 -- Global Airless Tires Market Segmentation

Chapter 07 – Key and Emerging Countries Analysis in Global Airless Tires Market

Chapter 08 – Global Airless Tires Market Structure Analysis

Chapter 09 – Global Airless Tires Market Competitive Analysis

Chapter 10 – Assumptions and Acronyms Chapter 11 – Research Methodology Read Detailed Index of full Research Study at @https://www.advancemarketanalytics.com/reports/27848-global-airless-tires-market Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

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Tire Cord Market CAGR of 7% During 2023 – 2035

Research Nester published a report titled “Tire Cord Fabric Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global tire cord fabric in terms of market segmentation by material, tire type, application, vehicle type and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global tire cord fabric market is anticipated to grow with a CAGR of ~7% during the forecast period, i.e. 2023-2035. The market is segmented by vehicle type into passenger cars, light commercial vehicles, heavy duty vehicles, two wheelers, tractors, and others. Out of these, the passenger cars segment is anticipated to garner the highest revenue by 2035, owing to its increased sales and production worldwide.

The global tire cord fabric market is estimated to garner a revenue of ~USD 25 Billion by the end of 2035, up from a revenue of ~USD 7 Billion in 2023. Tire cord fabrics are used in the tire manufacturing process as a reinforcing material to eliminate the chances of deformation, and to provide strength and abrasion resistance properties. Tire cord fabrics are also used in the manufacture of rubber hose, air springs, expansion joints, and conveyor belts and many other things owing to its advantages. Further, the growing concern of reducing greenhouse gas emissions, as well as rising demand for economical fuel-efficient vehicles, are some of the factors expected to drive market growth over the forecast period.

Geographically, the global tire cord fabric market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimate to garner the largest market share by the end of 2035, on the back of increased sales and production of vehicles.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Access our detailed report at: https://www.researchnester.com/reports/tire-cord-market/4921

Rise in Demand and Sales of Automobiles to Drive the Market Growth

To avoid road accidents, the automotive industry is heavily reliant on robust tires. The great stability that is provided by tire cord fabric is expected to drive its demand in the future. Additionally, tire cord fabric is beneficial for improving vehicle performance and lowering fuel consumption by absorbing a greater amount of weight and pressure for a longer period of time. The global demand for electric vehicles, luxury and premium vehicles, and self-driving cars in the automotive industry is expected to boost the tire cord market during the forecast period. As per recent estimates, the global sales of luxury and sports cars in 2026 is expected to rise to 200K and 919K respectively.

However, high costs of raw materials coupled with increased preference of re-treading in commercial car sector is expected to operate as key restraints to the growth of the global tire cord fabric market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global tire cord fabric market which includes company profiling of Indorama Ventures Public Company Limited, Kolon Industries, Inc., Mitsubishi Chemical Corporation, Hyosung Group, Toray Industries, Inc., Solvay SA, SGL CARBON SE, Bridgestone Corporation, Arkema group, KORDSA TEKNİK TEKSTİL ANONİM ŞİRKETİP, BASF and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global tire cord fabric market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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Low-Carbon Propulsion Market Competitive Landscape: 2028

Low-Carbon Propulsion Market by Fuel Type (CNG, LNG, Ethanol, Electric and Hydrogen), Mode (Rail and Road), Vehicle Type (Heavy-Duty and Light-Duty), Rail Application (Passenger and Freight), Electric Vehicle and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The Low-Carbon Propulsion market size is projected to reach a CAGR of 21.6% from 2022 to 2028.

The emission from the vehicles is known as the propulsion. When run on petrol or diesel the emissions from vehicle are high in carbon contents and thus act as a pollutant for the environment. On the contrary when cleaner fuels like CNG are used then the emission is low in carbon contents and thus are much cleaner and less harmful for the environment.

The recent demand for low emission vehicles along with the fluctuating fuel prices are some of the factors that have supported long-term expansion for Low-Carbon Propulsion Market.

COVID-19 had a positive effect on the market, as because the preference of people have shifted from public to private transportation.

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Regional Analysis

Europe is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the favourable governmental policies and the increased demand from the commercial sector.

Competitive Landscape

Key Players

Tesla

BYD

Nissan Motor

Yutong

Proterra

Bombardier

Siemens

Alstom

Toyota

Honda

Hyundai

Man Se

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Recent Developments

In April 2019, K12A was launched int the market by BYD.

In august 2019, Proterra Powered Vehicle electrification solutions was offered to the market by Proterra.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Low-Carbon Propulsion Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope

Low-Carbon Propulsion Market is segmented into fuel type, mode, vehicle type, electric vehicle, rail application and region.

On the basis of Fuel Type

Compressed Natural Gas (CNG)

Liquefied Natural Gas (LNG)

Ethanol

Hydrogen

Electric

On the basis of Mode

Rail

Road

On the basis of Vehicle Type

Heavy-Duty

Light-Duty

On the basis of Rail Application

Passenger

Freight

On the basis of Electric Vehicle

Electric Passenger Car

Electric Bus

Electric Two-Wheeler

Electric Off-Highway

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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[shruti240]

Tire Material  Market To Witness The Highest Growth Globally In Coming Years 2022-2028 |Orion Engineered Carbons, Royal Dutch Shell

Tire Material Market 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟐 𝐢𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧 𝐚 𝐪𝐮𝐚𝐥𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 quantitative 𝐰𝐚𝐲 𝐭𝐨 𝐞𝐧𝐬𝐮𝐫𝐞 𝐚 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐨𝐮𝐭𝐜𝐨𝐦𝐞 of the Tire MaterialMarket. In addition to identifying, analyzing, and estimating new trends, this research report also examines key industry drivers, challenges, and opportunities in addition to evaluating competitors, geographical areas, types, and applications. Understanding the competitive landscape is crucial for determining the product improvements that are needed. Industries can securely make decisions about their production and marketing strategy since they can obtain comprehensive insights from a Tire Materialreport.

𝐀 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐯𝐢𝐞𝐰𝐞𝐝 𝐛𝐲 𝐯𝐢𝐬𝐢𝐭𝐢𝐧𝐠 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐞𝐌𝐚𝐢𝐥 𝐈𝐃 𝐭𝐨 𝐆𝐞𝐭 𝐇𝐢𝐠𝐡𝐞𝐫 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐲) 𝐚𝐭:

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: Orion Engineered Carbons, Royal Dutch Shell, China Petroleum & Chemical Corporation, Chevron Corporation, Nynas AB, Petro China Company Limited, Exxon Mobil Corporation, SIBUR INTERNATIONAL, American Zinc Recycling LLC, PPG Industries and Ralson Goodluck Carbon.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: 𝐁𝐲 𝐓𝐲𝐩𝐞

Elastomers

Reinforcing Fillers

Plasticizers

Chemicals

Metal Reinforcements

Textile Reinforcements

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Light-Weight Commercial Vehicles [LCVs]

Passenger Cars [Pcs]

Heavyweight Commercial Vehicles [HCVs]

By Region

North America, US, Canada, Latin America, Brazil, Mexico, Rest of Latin America, Western Europe, Germany, UK, France, Spain, Italy, Benelux, Nordic, Rest of Western Europe, Eastern Europe, Russia, Poland, Rest of Eastern Europe, Asia Pacific, China, Japan, India, South Korea, Australia, ASEAN (Indonesia, Vietnam, Malaysia, etc.), Rest of Asia Pacific, Middle East & Africa, GCC, South Africa, Turkey and Rest of the Middle East & Africa.

Key Highlights

• The report provides analysis of current global Tire Materialmarket landscape.

• The report explores the most likely scenarios of the pandemic that are going to impact the Tire Materialindustry in long-term.

• The report does a detailed analysis studying how the global market is changing.

• The report looks at how the global Tire Materialmarket is shifting, the target market which have biggest opportunities, and trends on horizon that may impact your business directly or indirectly.

• The report highlights the key challenges, risk that you may face in near term as well as highlights opportunities.

Explore Full Report with Detailed TOC Here:

𝐓𝐚𝐛𝐥𝐞 𝐎𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭: 1. Tire MaterialMarket Introduction 1.1. Definition 1.2. Research Scope 2. Executive Summary 2.1. Key Findings by Major Segments 2.2. Top strategies by Major Players 3. Global Tire MaterialMarket Overview 3.1. Tire MaterialMarket Dynamics 3.1.1. Drivers 3.1.2. Opportunities 3.1.3. Restraints 3.1.4. Challenges 3.2. COVID-19 Impact Analysis in Global Tire MaterialMarket 3.3. PESTLE Analysis 3.4. Opportunity Map Analysis 3.5. PORTER’S Five Forces Analysis 3.6. Market Competition Scenario Analysis 3.7. Product Life Cycle Analysis 3.8. Manufacturer Intensity Map 3.9. Major Companies sales by Value & Volume 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞.

Complete Growth Report Is Available (Including the Full TOC, Tables and Figures, Graphs as Well As Chart):

About Exactitude Consultancy

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data. Contact us for your special interest research needs at sales@exactitudeconsultancy.com  and we will get in touch with you within 24hrs and help you find the market research report you need.

Website: https://exactitudeconsultancy.com/

Irfan Tamboli

Contact: +91-7507-07-8687

[themarketinsights]

Automotive Aftermarket E-retailing Market to See Huge Growth by 2027 | AutoZone, Genuine Parts Company, Alibaba Group

Advance Market Analytics published a new research publication on “Global Automotive Aftermarket E-retailing Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Automotive Aftermarket E-retailing market was mainly driven by the increasing R&D spending across the world.

Major players profiled in the study are:

Advance Auto Parts, Inc. (United States), Amazon.com (United States), AutoZone, Inc. (United States), Genuine Parts Company (United States), JC Whitney (CarParts.com) (United States), 1A Auto (United States), ACDelco (General Motors) (United States), The Pep Boys (United States), Keystone Automotive Operations, Inc. (United States), Fiat Chrysler Automobiles N.V., (United Kingdom), Alibaba Group Holding (China)

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Scope of the Report of Automotive Aftermarket E-retailing

Automotive aftermarket e-retailing involves the buying and selling of auto parts on e-commerce sites, with the growing digitalization and demand or online shopping automotive industry is also entering e-retailing. The buying and selling habits and patterns of consumers and business is changing rapidly which is why the automotive aftermarket e-retailing is expected to grow during the forecasted period. The E-retailing of auto parts includes products such as wheels, brakes, brake pads, wheels and tires, lighting, tools, fuels, and many other items.

The Global Automotive Aftermarket E-retailing Market segments and Market Data Break Down are illuminated below:

by Application (Sedan, SUV, Commercial Vehicle, Others), Automotive Product (Wheels and Tires, Brakes and Brake Pads, Automotive Electronics, Air, Fuel, Emission & Exhaust, Tools, Fluids & Garage, Others), End User (Do-it-Yourself Users, Professional Users)

Market Opportunities:

Surging Demand for the Automotive Aftermarket E-retailing Among Developing Countries who Prefer Doing Online Shopping

Market Drivers:

Rising Digitalization and Changing Buying and Selling Pattern of the Business and Consumers Respectively

Growing Demand for the Auto Parts Aftersales of the Vehicle

Market Trend:

Increasing Consumption of Automotive Aftermarket E-retailing Among Do-it-Yourself Users who Prefer to Engage in Self Automotive Service

What can be explored with the Automotive Aftermarket E-retailing Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Automotive Aftermarket E-retailing Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Automotive Aftermarket E-retailing

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Automotive Aftermarket E-retailing Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/118486-global-automotive-aftermarket-e-retailing-market#utm_source=DigitalJournalVinay

Strategic Points Covered in Table of Content of Global Automotive Aftermarket E-retailing Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Aftermarket E-retailing market

Chapter 2: Exclusive Summary – the basic information of the Automotive Aftermarket E-retailing Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Aftermarket E-retailing

Chapter 4: Presenting the Automotive Aftermarket E-retailing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021

Chapter 6: Evaluating the leading manufacturers of the Automotive Aftermarket E-retailing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Automotive Aftermarket E-retailing Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=118486#utm_source=DigitalJournalVinay

Contact Us:

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

[pravalika]

Polymeric And Inorganic Fibers Market - Forecast (2022 - 2027)

Polymeric and inorganic fibers market size is forecast to reach US$127.6 billion by 2026, after growing at a CAGR of 7.1% during 2021-2026. Inorganic fibers are gaining importance in end-use industries. These fibers are manufactured from the material available in the earth's crust such as glass, metal, carbon, and ceramics among others. Inorganic fibers are fibers made from inorganic materials such as amorphous fiber, wollastonite, and monocrystalline fiber. Inorganic fibers have more resistance, more rigid, higher melting point, and heat resistant compared to traditional fibers. The growing demand from various end-use industries including, automotive, aerospace, marine, textile, medical, and electronics & electrical among others are driving the market growth during the forecast period 2021-2026. The growing demand from the automotive industry along with the rising need for lightweight components in automotive production is propelling the market growth. The growing commercial aviation in developed regions is supporting the market growth during the forecast period. The rapid growth in medical along with the growing production of medical equipment globally is one of the major factors driving the market growth for polymeric and inorganic fibers during the forecast period. However, growing environmental concerns and the high cost of polymeric and inorganic fibers are likely to hamper the market growth during the forecast period.

COVID-19 Impact

The COVID-19 pandemic is impacting different industries; one of the few industries that were largely hit to some extent was the fiber industry. The temporary shutdown of inorganic fiber manufacturing facilities has negatively impacted the market. The downfall in the production of fibers, disruption of logistical services, and lack of workforce impacted the market negatively during the covid-19 crises. Travel restrictions have reduced the supply of raw materials required for the manufacturing of polymeric and inorganic fibers, which, in turn, has affected negatively the market growth during the pandemic.

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Report Coverage

The report: “Polymeric and Inorganic Fibers Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polymeric and Inorganic Fibers industry.

By Type: Inorganic Fibers (Glass fiber, Carbon Fiber [PAN (polyacrylonitrile), and Pitch (petroleum oil & coal)], Metal Fiber, Boron Fiber, Silica Carbide Fiber, Ceramic Fiber, and Others), and Polymer Fibers (Polyamide nylon, PET or PBT polyester, Phenol-formaldehyde (PF), Polyvinylchloride fiber (PVC) vinyon, Polyolefins (PP and PE) olefin fiber, Acrylic polyesters, and Others)

By Fiber Type: Continuous fiber, Long fiber, and Short fiber.

By Application: Garments, Conveyer belts, insulating cables, Helmets, Engine compartment, Gasket lining, Brake pads, Wings, Tires, Microelectrodes, Catalysis, Gas Turbine, and Others

By End-Use Industry: Automotive (Passenger Cars, Light Weight Commercial Vehicles and Heavy Commercial Vehicles), Construction (Residential Construction and Commercial Construction), Aerospace & Defense (Commercial Aircraft, Regional Jets, General Aviation, Rotorcraft, Defense Aircraft, and Others), Medical, Textile, Wind Energy, Marine (Yachts, Catamarans, Racing Boats), Consumer Goods, Electrical & Electronics, Oil & Gas, Sporting Goods, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Netherlands, Belgium, Spain, Denmark, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and New Zeeland, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East and Africa)

Key Takeaways

The Asia Pacific is expected to register the highest CAGR of 8.1% during the forecast period (2021-2026). Changing lifestyles, increasing consumer spending, emerging economies, and rapid population growth are the major factors driving the market growth. 

Inorganic fibers are also known as high-performance fibers or super-fibers. They have superior characteristics and properties that differ from other non-natural fibers.

The manufacturers are involved in developing advanced fibers for different end-use industries. Investments in research and developments to enhance the capabilities of polymeric and inorganic fibers are supporting the market growth. 

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Polymeric and Inorganic Fibers Market Segment Analysis - By Type

The inorganic fibers segment is expected to hold the largest market share in the global polymeric and inorganic fibers market during the forecast period. The carbon fibers segment of inorganic fibers type accounted for approximately 30% of the market share in 2020 and are estimated to grow at a significant CAGR during the forecast period. Carbon fibers are widely used in aerospace & defense, automotive, sports & recreation, and wind energy industries due to their high strength modulus property. Carbon fibers are also cost-effective and possess high tensile strength compared to other types. The polymeric fiber segment is expected to grow at a high CAGR of 7.5% during the forecast period. The growing demand and usage of synthetic fibers are driving the market growth for the polymeric fibers segment.

Polymeric and Inorganic Fibers Market Segment Analysis – By Application

Polymeric and inorganic fibers are used for manufacturing garments, automotive and aerospace components, medical devices, and others. The garments segment is expected to hold a significant market share and is estimated to grow significantly during the forecast period. The growing demand for high-strength fibers in garments is driving the market growth. These fibers are used for manufacturing sports garments, fire safety garments, and waterproof garments among others. The helmets segment also holds a significant share and is expected to grow at a CAGR of 6.9% during the forecast period. The growing number of bike accidents and government regulation on helmet usage is supporting the market growth for the helmets segment.

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Polymeric and Inorganic Fibers Market Segment Analysis – By End-use Industry

The aerospace and automotive segment accounted for more than 32% of the market share in 2020 and is estimated to grow significantly during the forecast period 2021-2026. Automobile components such as brake pads, engine compartment, and gasket lining among others contain polymeric & inorganic fibers, including carbon fiber, and ceramic. The growing production of passenger cars in developing nation are driving the market growth during the forecast period. The growing usage of fuel-efficient vehicles and lightweight vehicles are supporting the market for polymeric & inorganic fibers between 2021-2026. The growing globalization of companies along with international trade activities are driving the market growth for aerospace and marine segments. The wind-energy segment is expected to grow at a significant growth rate between 2021-2026. The growing demand for renewable energy production in developed and developing nations is boosting the market growth. Major players operating in the wind energy segment are using these fibers composites for the production of wind blade structural components.

Polymeric and Inorganic Fibers Market Segment Analysis - By Geography

North America region held the largest share in the polymeric and inorganic fibers market in 2020 up to 41%, owing to the presence of multiple end-users in the region. The presence of developed nations such as the USA, and Canada is driving the market growth in the region. The presence of large aircraft manufacturers, electric car manufacturers, and offshore wind farm installations is driving regional growth. According to the data published by OICA, the North American region produced approximately 13.37 million vehicles in 2020. The European region is expected to register a significant growth rate during the forecast period (2021-2026). The presence of leading automobile manufacturers such as BMW, Benz, DAF, Daimler AG, Fiat, and Bentley among others are driving the regional growth during the forecast period.

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Polymeric and Inorganic Fibers Market Drivers:

Growing automotive and aerospace industry

Growth in the commercial aviation sector along with the expansion of fleet lines are driving the market demand. Polymeric and inorganic fibers are widely used in manufacturing Wings, tires, and gasket lining for aircraft. According to Airbus, North America ordered more than 2,500 commercial aircraft for domestic and international passenger services. They also mention North American carriers will require approximately 5,600 additional aircraft in the coming decades. According to the data published by Federal Aviation Administration (FAA), In 2020 the United States aviation industry contributed 5.2% to the country's GDP. The administration also stated that the country generated approximately US$488 billion in revenue from the aviation industry. According to the data published by ACEA, approximately 18.5 million motor vehicles were produced in the European Union in 2019. They also mentioned about 10.8 million passenger cars are produced in the European Union in 2020. According to the data published by OICA, India produced more than 3.3 million vehicles in 2020. 

Growing demand for wind energy 

The companies involved in wind energy are using carbon fibers and glass fibers-based composites for manufacturing rotary blades to increase performance efficiency, service life, and rotor dynamics. According to the data published by U.S. Energy Information Administration, in 2020, about 338 billion kilowatt-hours (kWh) of electricity were generated by wind, which occupies about 8.4% of total energy production. According to the US Energy Department, new wind projects account for US$10 billion of annual investments. The organization also mentioned there are 180 onshore and 17 offshore wind projects in the USA. Based on the data published by Wind Europe Organization, Europe installed about 14.7 GW of new wind capacity in 2020. Europe is also planning to install around 105 GW of new wind energy capacity over the next five years.

Polymeric and Inorganic Fibers Market Challenges:

High cost of polymeric and inorganic fibers

The high cost of polymer and inorganic fiber is one of the major concerns associated with its growth. These fibers are still not used in large applications due to their high cost. The fibers such as carbon, and ceramic fibers are very expensive. Carbon fiber is currently used in only high-end and racing cars due to its high cost. However, companies are also focusing on manufacturing low-cost fibers to meet the market demand.

Polymeric and Inorganic Fibers Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Polymeric and Inorganic Fibers market. Major players in the Polymeric and Inorganic Fibers market are American Fiberglass Rebar, American Grating, LLC., Engineered Composites Ltd, B&B FRP Manufacturing INC.; TUF-BAR; FRP Composites Inc.; Ten Cate NV; Zoltek Companies, Inc.; Hyosung Corporation; Mitsubishi Rayon Co., Ltd.; SGL Group; DowAksa, Teijin and others

Acquisitions/Technology Launches

In June 2021, Teijin company announced that its Tenax™ carbon fiber prepreg is adopted by Airbus to manufacturing nacelle parts for its next-generation aircraft engine. The product Tenax™ prepreg can be molded at a lower temperature and in a shorter time than conventional prepregs for aircraft applications.

In April 2020, The BMW Group selected the SGL group to produce a glass fiber-based cover plate used on battery enclosures for future plug-in hybrid vehicle models. The company also supplied carbon fibers, textiles, and stacks for the BMW iNEXT model.

[manideep8]

Coupling Agents Market - Forecast (2022-2027)

The Coupling Agents Market size is estimated to reach US$610 million by 2027, after growing at a CAGR of 4.6% during the forecast period 2022-2027. Coupling agents are the chemicals that are used to increase the bonding between polymer matrix and fiber surface. The growing automotive sector is driving the coupling agents market growth, to be utilized for improving the rolling resistance of the automotive tires, their wet traction, for sealing and joining of automotive parts and for other applications. Moreover, the increasing requirement for coupling agents such as sulfur silane, vinyl silane, amino silane and others in the electrical & electronics industry for the manufacturing of tablets, monitors, outdoor signage and other electrical and electronic devices is anticipated to upsurge the growth of the coupling agents industry during the forecast period. The global economic downturn caused by the COVID-19 pandemic resulted in a huge drop in building & construction, electronic devices, automotive and other end-use industries all across the world, which had a significant impact on the growth of the coupling agents market size.

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Coupling Agents Market Report Coverage

The “Coupling Agents Market Report – Forecast (2022 - 2027)” by IndustryARC, covers an in-depth analysis of the following segments in the coupling agents industry

By Type : Sulfur Silane, Vinyl Silane, Amino Silane, Epoxy Silane and Others.

By Application : Rubber & Plastics, Fiber Treatment, Adhesives & Sealant, Paints & Coatings and Others.

By End-Use Industry : Medical & Healthcare, Automotive (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicle), Power & Energy, Chemical & Petrochemical, Electrical & Electronics, Building and Construction (Residential, Commercial, Industrial, Infrastructure) and Others.

By Geography : North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa).

Key Takeaways

The Asia-Pacific region dominates the Coupling Agents Market owing to the rising growth in the building and construction industry. For instance, according to Invest India, by 2025, the building and construction industry is estimated to reach US$1.4 trillion.

Rapidly rising demand for Coupling Agents in the automotive industry for improving the rolling resistance of the automotive tires, their wet traction and manufacturing efficiency, has driven the growth of the coupling agents market.

The increasing demand for Coupling Agents in the electrical & electronics industry, due to its usage in the manufacturing of tablets, monitors, outdoor signage and other electrical and electronic devices, has been a critical factor driving the growth of the coupling agents market in the upcoming years.

However, the high cost of production of Coupling Agents can hinder the growth of the coupling agents market.

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Coupling Agents Market Segment Analysis – by Application

The paints & coatings segment held the largest Coupling Agents Market share in 2021 and is estimated to grow at a CAGR of 4.8% during the forecast period 2022-2027. Coupling agents paints & coatings have high longevity, durability and are non-flammable. These agents are utilized in paints and coatings to increase adhesion. Coupling agents such as sulfur silane, vinyl silane, amino silane and others, enhance UV and thermal stability, chemical resistance, surface strength, corrosion and scratch resistance. The market for the paints and coatings segment is estimated to increase, due to rapidly growing modern advances in paint technology and housing construction activities. For instance, according to the India Brand Equity Foundation, in 2021, under the Union Ministry of Housing and Urban Affairs' ambitious Pradhan Mantri Awas Yojana (PMAY) scheme, the federal government investment to build 20 million affordable houses in metropolitan areas across the country and therefore, the residential building sector is set to expand dramatically. Thus, the rising construction activities require more paints & coatings, which is driving the coupling agents market growth, to be utilized in these paints & coatings.

Coupling Agents Market Segment Analysis – by End-use Industry

The building & construction industry held the largest Coupling Agents Market share in 2021 and is estimated to grow at a CAGR of 5.1% during the forecast period 2022-2027. In the building & construction industry, coupling agents are utilized in adhesives & sealants, paints and coatings, to increase the bonding between polymer matrix and fiber surface and other applications, to significantly reduce porosity in renders, concrete and plasters, making them water repellent. It is used for joining and sealing the passage of fluids, as a type of mechanical seal. The building and construction industry is growing, for instance, according to the U.S Department of Commerce, the privately-owned housing units authorized by building permits in March 2022 were around 1,873,000 which is 0.4% above February 2022 of 1,865,000 units and is 6.7% above March 2021 of around 1,755,000 units. Moreover, according to Statistics of Japan, the number of construction contract orders went from 6,00,46,960 units in 2020 to 6,36,10,223 in 2021 and has witnessed a growth in 2021 (Jan-July) compared to 2020(Jan-July). Thus, the growing building and construction industry will require more coupling agents for adhesives & sealants, paints and coatings and concrete due to their exhibit characteristics, which will drive the demand for the coupling agents market growth during the forecast period.

Coupling Agents Market Segment Analysis – by Geography

Asia-Pacific region dominated the Coupling Agents Market share by 45% in the year 2021, due to the increasing requirement for coupling agents in developing countries such as China, Japan, India and South Korea. China is expected to continue its dominance in the coupling agents market during the forecast period. This is due to the growth of the building & construction industry in the country. For instance, according to International Trade Administration (ITA), China is the world’s largest construction market and is forecasted to grow at an annual average growth of 8.6% between 2022 and 2030. Moreover, in Singapore, according to the Australian Government, the building and construction sector remains healthy in Singapore, with strong government spending on public infrastructure, of about S$2 billion (US$1.43 billion) in contracts being awarded each month. Such increasing building & construction activities in the APAC countries are anticipated to increase the demand for coupling agent products in the forecasted period and are proving to be a market booster for the coupling agents market size in this region.

Coupling Agents Market Drivers

Growing Automotive Industry:

In the automotive industry, Coupling Agents are utilized to seal small cracks in engine cooling systems, radiators and head gaskets and to enhance the bonding between polymer matrix and fiber surface. The head gaskets often become brittle over time and can cause leakage. Coupling agents seal these leaks, permitting the gaskets to function for a longer duration. These agents improve the rolling resistance of the automotive tires, their wet traction and manufacturing efficiency. The automotive industry is growing, for instance, according to the European Automobile Manufacturers' Association (ACEA), in 2021, 79.1 million motor vehicles were produced around the world, an increase of 1.3% compared to 2020. Also, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in the USA, the production of motor vehicles increased from 62,39,401 units in 2020 to 68,57,182 units in the year 2021. Moreover, in Austria, motor vehicle production increased from 86,300 units in 2020 to 92,000 units in the year 2021. With the increasing production of automobiles, it is estimated that in the upcoming years the requirement for coupling agents in the automotive industry will rise. This will boost the growth of the coupling agents industry.

Increasing Electrical & Electronics Industry:

The electrical and electronics industry uses Coupling Agents such as sulfur silane, vinyl silane, amino silane and others, due to their properties such as high temperature, UV and humidity resistance, high cohesion, peel strength and high transmittance. Coupling agents are used in the manufacturing of tablets, monitors, mobile phones, televisions, outdoor signage and other electrical and electronic devices. The electrical and electronics industry is growing, for instance, according to the Indian Brand Equity Foundation (IBEF), the Indian electronics manufacturing industry is projected to reach US$520 billion by 2025. Moreover, according to Invest India, domestic production of electronics hardware reached US$76 billion in 2019-2020, with a CAGR of around 23% and production-linked incentives of INR 40,951 crores (US$5544 million), funded over a period of 5 years. Thus, increasing electrical and electronic device production will require more coupling agents and therefore, is estimated to increase the growth of the coupling agents market.

Coupling Agents Market Challenge

High Cost of Manufacturing:

Producers are making efforts to minimize the cost of manufacturing Coupling Agents, by implementing new technologies and reducing the price of raw materials. The switching cost for coupling agents is very high and the application of coupling agent technology in tire production is more costly than carbon black. For instance, German multinational chemical company WACKER AG announced to increase the cost of the coupling agent product range. The strengthening costs for packaging materials and pandemic-related restrictions are the additional factors increasing the cost of coupling agents, as stated by the company. Thus, the high cost of production of coupling agents will create hurdles for the market's growth.

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Coupling Agents Market Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies players adopt in the coupling agents markets. The top 10 companies in the coupling agents market are:

1. Jingzhou Jianghan Fine Chemical Co. Ltd. 2. Nanjing Shuguang Chemical Group Co. Ltd. 3. Wacker Chemie AG 4. Evonik Industries AG 5. WD Silicone Company Limited 6. Momentive Performance Materials Inc. 7. DowDuPont Inc. 8. Shin-Etsu Chemicals Co. Ltd. 9. Gelest Inc. 10. Nanjing Union Silicon Chemical Co. Ltd.

Recent Developments

In October 2021, Evonik Industries AG announced that it has extended its distribution agreement with Brenntag for its Dynasylan product line to 16 countries in Eastern Europe. Effective immediately, Brenntag will additionally distribute the silane products in Poland, Czech Republic, Slovenia, Slovakia, Hungary, Serbia, Romania, Bulgaria, Croatia, Macedonia, Bosnia and Herzegovina, Kosovo, Albania, Estonia, Latvia and Lithuania.

In January 2021, Momentive acquired the silicone business of KCC corporation in South Korea and UK. The company also acquired a sales operation in China. It aims to strengthen the company’s position in the Asia Pacific region, including Korea, a country with strong and growing demand for silicones and specialty materials.

In September 2020, Evonik Industries AG expanded its production capacity for integrated silica and silane products in Antwerp, Belgium. It aims to expand its geographical presence and production capacity.

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Automotive ADAS (Advanced Driver Assistance Systems) Market Key Opportunity, Analysis, Growth, Trends 2032

Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032.

Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is to prevent deaths and injuries by reducing the number of car accidents and serious impact of those that cannot be avoided. ADAS manufacturers/ developers have developed systems focusing their efforts on making driving experience safer and having human less human interference. As a result, the advance driver assistance system industry is predicted to grow steadily in the future.

Strict regulations imposed on car manufacturers by various government bodies around the world promoting passenger safety will aid overall growth of the market. During the forecast period, growth in the automotive industry, combined with rising government initiatives to adopt advanced technologies, develop increasingly structured safety features, and a rising trend of government and consumer adoption of autonomous vehicles will open new revenue paths for the global ADAS market.

During the forecast period, the global ADAS market will benefit from an increase in per-capita consumer spending power in developing economies, as well as an increase in demand for premium and luxurious features in their vehicles. However, high initial costs and an increase in malfunctioning components may limit the global ADAS market growth. Nonetheless the market is predicted to grow due to rising demand from emerging countries such as China, India, Germany and others.

Key Takeaways from Market Study

By ADAS type, night vision system (NVS) sales are expected to grow at a CAGR of 9%in global market.

By technology type, ultrasonic sensor and radar sensor segment is expected to lead with a market share of more than 0%.

By vehicle type, the passenger vehicle segment will dominate the market with more than 71%of the market share.

In terms of region, South Asia and Pacific is predicted to exhibit a CAGR of 12.4%.

“The swift expansion of the automotive sector has resulted in an increase in car production, accelerating the growth of the advance driver assistance system market. The market will gain traction in response to the rising demand for safe care driving and implementation of regulations ascertaining improved road safety.” says a Future Market Insights analyst.

ADAS Market by Category

By System:

Adaptive Cruise Control (ACC)

Automotive Emergency Braking (AEB)

Adaptive Front Light (AFL)

Blind Spot Detection (BSD)

Driver Monitoring System (DMS)

Forward Collision Warning (FCW)

Lane Departure Warning (LDW)

Night Vision System (NVS)

Park Assist (PS)

Tire Pressure Monitoring System (TPMS)

By Technology:

Ultrasonic Sensor

Lidar Sensor

Radar Sensor

Camera Sensor

Infrared Sensor

Pressure Sensor

By Sales Channel:

Original Equipment Manufacturer (OEM)

Aftermarket

By Vehicle Type:

Passenger Vehicle

Heavy Commercial Vehicle

Light Commercial Vehicle

By Region:

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East & Africa

Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

Advance Driver Assistance System Market Competitive Landscape

Among the industry’s key players are Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Robert Bosch GmbH, Continental AG, Magna International, Mobileye and others.

Manufacturers in the global advance driver assistance system market are focusing on the development of new ADAS type with decreased human interference and increased accountability.

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Global Air Suspension Market SWOT Analysis, Key Developments and Business Description

The air suspension market would exhibit a CAGR of 7.19% for the forecast period and is expected to reach the USD 12.86 billion by 2029.

Global Air Suspension Market Analysis and Insight

An air suspension system is a type of vehicle suspension that uses an electric pump or compressor to pump air through flexible bellows constructed of a textile-reinforced rubber. Unlike hydropneumatic suspension, which has many of the same benefits, air suspension uses compressed air rather than pressurized liquid. The bellows are inflated by the air pressure, which lifts the chassis away from the axle. In heavy vehicle applications, such as buses and trucks, and in some passenger automobiles, air suspension replaces traditional steel springs.

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Global Air Suspension Market Segmentation

Vehicle Type Segment

On the basis of Vehicle Type, the Air Suspension Market is segmented into

Light Commercial Vehicles (LCV)

Trucks

Bus

Component Segment

On the basis of Component, the Air Suspension Market is segmented into

Air Spring

Tank

Solenoid Valve

Shock Absorber

Air Compressor

Electronic Control Unit (ECU)

Height and Pressure Sensor

Air Reservoir

Technology Type Segment

On the basis of Technology Type, the Air Suspension Market is segmented into

Electronic Controlled

Non-Electronic Controlled

Sales Channel Type Segment

On the basis of Sales Channel Type, the Air Suspension Market is segmented into

Original Equipment Manufacturers (OEMs)

Aftermarket

Global Air Suspension Market Level Analysis

The countries covered in the air suspension market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Global Air Suspension Market Share Analysis

The air suspension market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to air suspension market.

Key Players Air Suspension Market

Continental AG

thyssenkrupp AG

Hitachi, Ltd.

WABCO

Firestone Industrial Products Company LLC

Hendrickson USA L.L.C.

Mando Corp.

BWI Group

SAF-HOLLAND S.A.

ACCUAIR SUSPENSION

Vibracoustic

Dunlop Tires

VB-Airsuspension

Link

Universal Air

Liftmatic

STEMCO Products Inc.

Arnott LLC

Shanghai Komman Vehicle Component Systems Stock Co. Ltd.

Jamna Auto Industiries Ltd.

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MAJOR TOC OF THE REPORT

INTRODUCTION

MARKET SEGMENTATION

EXECUTIVE SUMMARY

PREMIUM INSIGHTS

MARKET OVERVIEW

COVID-19 IMPACT OF AIR SUSPENSION MARKET

AIR SUSPENSION MARKET, BY VEHICLE TYPE SEGMENT

AIR SUSPENSION MARKET, BY COMPONENT SEGMENT

AIR SUSPENSION MARKET, BY TECHNOLOGY TYPE SEGMENT

AIR SUSPENSION MARKET, BY SALES CHANNEL TYPE SEGMENT

COMPANY LANDSCAPE- AIR SUSPENSION MARKET:

SWOT ANALYSIS

COMPANY PROFILE

QUESTIONNAIRE

RELATED REPORTS

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-air-suspension-market

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Browse Related Reports@ Europe Prepacked Chromatography Columns Market

                                                Europe Q-PCR and D-PCR Devices Market

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Advanced Driver Assistance Systems (ADAS) Market Supply, Sales, Revenue and Forecast 2022-2030

The market for advanced driver assistance systems (ADAS) is expected to grow at a CAGR of around 19.3% from 2021 to 2028 and expected to reach the market value of around US$ 104.2 Bn by 2028.

The global Advanced Driver Assistance Systems (ADAS) Market research report is inclusive of detailed and productive qualitative and quantitative information, for the historic period, base year, and the forecast period, which can benefit the user for taking the appropriate decision on the basis of market knowledge, as well as for gathering valuable information for further estimations. Download FREE SAMPLE PDF (Including Full TOC, Table & Figures) @ https://www.acumenresearchandconsulting.com/request-sample/237

The detailed information of the global Advanced Driver Assistance Systems (ADAS) Market about the driving factors, development strategies such as new product development, mergers and acquisition, and partnerships & collaboration, recent trends, as well as challenges and opportunities are incorporated for a more extensive understanding of the market potential.

Moreover, the global market is finely segmented and on the basis of geography segmented across North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East and Africa (GCC, South Africa, and Rest of Middle East & Africa). And the regions are further studied across the respective major countries including detailed current trends and available opportunities in the respective market. Segmentation

ADAS Market By Solution

Park assistance Adaptive Cruise Control Tire Pressure Monitoring System Adaptive Front Lights Blind Spot Detection System Lane Departure Warning System Autonomous Emergency Braking Others

ADAS Market By Sensor

Infrared LiDAR Image Sensor Ultrasonic RADAR

ADAS Market By End Use

Commercial Vehicles Passenger Cars Global Advanced Driver Assistance Systems (ADAS) Market : Competitive Landscape

Along with this, the research report encompasses comprehensive information of market leaders that majorly include a business overview, financial overview, product offerings, strategic developments, and geographical presence. The profiled players are collaboratively analyzed for digging out the market scenarios in a more competitive manner.

Essentially, it’s a well-compiled solution for the industry players, managers, researchers, strategists, consultants, education organizations, students, and start-ups. They can get the required information in an easy and understandable format for the required task and will be able to interpret in almost no time and able to saves time. Moreover, in case of further customization or addition required in the report scope, our team is able to provide for meeting the expectations of users.   Who are the key players in the market? The key players operating in Advanced Driver Assistance Systems (ADAS) Market such as Key Players:

The players profiled in the report include Participants include major global players such as Continental AG, Autoliv, Magna International, Texas Instruments, and TRW Automotive, and Others. Overview of the Impact of COVID-19 on Advanced Driver Assistance Systems (ADAS) Market : The development of COVID-19 has carried the world to a stop. We comprehend that this health emergency has brought an unprecedented effect on businesses across ventures. However, this also will pass. Rising help from governments and a few organizations can help in the battle against this profoundly infectious sickness. There are a few industries that are battling and some are flourishing. In general, pretty much every segment is foreseen to be affected by the pandemic. We are making persistent efforts to enable your business to continue and develop during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across ventures to assist you to prepare for the future. In a nutshell, the global Advanced Driver Assistance Systems (ADAS) Market research report encompasses the desired information in terms of both quality and quantity with the respective market. The collection of information is completely based on the authorized sources and compiled by the experts and research analysts with years of experience in the respective industry vertical.

Inquiry Before Buy Report @ https://www.acumenresearchandconsulting.com/inquiry-before-buying/237 Few Significant Points From Table Of Content:

CHAPTER 1.Industry Overview of Advanced Driver Assistance Systems (ADAS)

1.1.Definition and Scope

1.1.1.Definition of Advanced Driver Assistance Systems (ADAS)

1.1.2.Market Segmentation

1.1.3.Years Considered for the Study

1.1.4.Assumptions and Acronyms Used

1.1.4.1.Market Assumptions and Market Forecast

1.1.4.2.Acronyms Used in Global Advanced Driver Assistance Systems (ADAS) Market

1.2.Summary

1.2.1.Executive Summary

1.2.2.Advanced Driver Assistance Systems (ADAS) Market By Solution

1.2.3.Advanced Driver Assistance Systems (ADAS) Market By Sensor

1.2.4.Advanced Driver Assistance Systems (ADAS) Market By End Use

1.2.5.Advanced Driver Assistance Systems (ADAS) Market by Regions

CHAPTER 2.Research Approach

2.1.Methodology

2.1.1.Research Programs

2.1.2.Market Size Estimation

2.1.3.Market Breakdown and Data Triangulation

2.2.Data Source

2.2.1.Secondary Sources

2.2.2.Primary Sources

CHAPTER 3.Market Dynamics And Competition Analysis

3.1.Market Drivers

3.1.1.Driver 1

3.1.2.Driver 2

3.2.Restraints and Challenges

3.2.1.Restrain 1

3.2.2.Restrain 2

3.3.Growth Opportunities

3.3.1.Opportunity 1

3.3.2.Opportunity 2

3.4.Porter’s Five Forces Analysis

3.4.1.Bargaining Power of Suppliers

3.4.2.Bargaining Power of Buyers

3.4.3.Threat of Substitute

3.4.4.Threat of New Entrants

3.4.5.Degree of Competition

3.5.Market Concentration Ratio and Market Maturity Analysis of Advanced Driver Assistance Systems (ADAS) Market

3.5.1.Go To Market Strategy

3.5.1.1.Introduction

3.5.1.2.Growth

3.5.1.3.Maturity

3.5.1.4.Saturation

3.5.1.5.Possible Development

3.6.Technological Roadmap for Advanced Driver Assistance Systems (ADAS) Market

3.7.Value Chain Analysis

3.7.1.List of Key Manufacturers

3.7.2.List of Customers

3.7.3.Level of Integration

3.8.Cost Structure Analysis

3.8.1.Price Trend of Key Raw Materials

3.8.2.Raw Material Suppliers

3.8.3.Proportion of Manufacturing Cost Structure

3.8.3.1.Raw Material

3.8.3.2.Labor Cost

3.8.3.3.Manufacturing Expense

3.9.Regulatory Compliance

3.10.Competitive Landscape, 2020

3.10.1.Player Positioning Analysis

3.10.2.Key Strategies Adopted By Leading Players

CHAPTER 4.Manufacturing Plant Analysis

4.1.Manufacturing Plant Location and Establish Date of Major Manufacturers in 2020

4.2.R&D Status and Application Source of Advanced Driver Assistance Systems (ADAS) Major Manufacturers in 2020

CHAPTER 5.Advanced Driver Assistance Systems (ADAS) Market By Solution

5.1.Introduction

5.2.Advanced Driver Assistance Systems (ADAS) Revenue By Solution

5.2.1.Advanced Driver Assistance Systems (ADAS) Revenue (US$ Mn) and Forecast, By Solution, 2017 - 2028

5.2.2.Park assistance

5.2.2.1.Park assistance Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.3.Adaptive Cruise Control

5.2.3.1.Adaptive Cruise Control Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.4.Tire Pressure Monitoring System

5.2.4.1.Tire Pressure Monitoring System Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.5.Blind Spot Detection System

5.2.5.1.Blind Spot Detection System Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.6.Lane Departure Warning System

5.2.6.1.Lane Departure Warning System Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.7.Autonomous Emergency Braking

5.2.7.1.Autonomous Emergency Braking Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

5.2.8.Others

5.2.8.1.Others Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

CHAPTER 6.Advanced Driver Assistance Systems (ADAS) Market Revenue By Sensor

6.6.Introduction

6.2.Advanced Driver Assistance Systems (ADAS) Revenue (US$ Mn) By Sensor

6.2.1.Advanced Driver Assistance Systems (ADAS) Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

6.2.2.Infrared

6.2.2.1.Infrared Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

6.2.3.LiDAR

6.2.3.1.LiDAR Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

6.2.4.Image Sensor

6.2.4.1.Image Sensor Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

6.2..Ultrasonic

6.2.5.1.Ultrasonic Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

6.2.1.RADAR

6.2.1.1.RADAR Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

CHAPTER 7.Advanced Driver Assistance Systems (ADAS) Market By End Use

7.1.Introduction

7.2.Advanced Driver Assistance Systems (ADAS) Revenue (US$ Mn) By End Use

7.2.1.Advanced Driver Assistance Systems (ADAS) Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

7.2.2.Commercial Vehicles

7.2.2.1.Commercial Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2017 - 2028

7.2.3.Passenger Cars

7.2.3.1.Passenger Cars Market Revenue (US$ Mn) and Growth Rate (%), 2017 – 2028

CHAPTER 8.North America Advanced Driver Assistance Systems (ADAS) Market By Country

8.1.North America Advanced Driver Assistance Systems (ADAS) Overview

8.2.U.S.

8.2.1.U.S. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

8.2.2.U.S. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

8.2.3.U.S. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

8.3.Canada

8.3.1.Canada Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

8.3.2.Canada Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

8.3.3.Canada Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

8.4.North America PEST Analysis

CHAPTER 9.Europe Advanced Driver Assistance Systems (ADAS) Market By Country

9.1.Europe Advanced Driver Assistance Systems (ADAS) Market Overview

9.2.U.K.

9.2.1.U.K. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

9.2.2.U.K. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

9.2.3.U.K. Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

9.3.Germany

9.3.1.Germany Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

9.3.2.Germany Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

9.3.3.Germany Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

9.4.France

9.4.1.France Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

9.4.2.France Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

9.4.3.France Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

9.5.Spain

9.5.1.Spain Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

9.5.2.Spain Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

9.5.3.Spain Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

9.6.Rest of Europe

9.6.1.Rest of Europe Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

9.6.2.Rest of Europe Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

9.6.3.Rest of Europe Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

9.7.Europe PEST Analysis

CHAPTER 10.Asia Pacific Advanced Driver Assistance Systems (ADAS) Market By Country

10.1.Asia Pacific Advanced Driver Assistance Systems (ADAS) Market Overview

10.2.China

10.2.1.China Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.2.2.China Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.2.3.China Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.3.Japan

10.3.1.Japan Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.3.2.Japan Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.3.3.Japan Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.4.India

10.4.1.India Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.4.2.India Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.4.3.India Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.5.Australia

10.5.1.Australia Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.5.2.Australia Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.5.3.Australia Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.6.South Korea

10.6.1.South Korea Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.6.2.South Korea Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.6.3.South Korea Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.7.Rest of Asia-Pacific

10.7.1.Rest of Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

10.7.2.Rest of Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

10.7.3.Rest of Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

10.8.Asia Pacific PEST Analysis

CHAPTER 11.Latin America Advanced Driver Assistance Systems (ADAS) Market By Country

11.1.Latin America Advanced Driver Assistance Systems (ADAS) Market Overview

11.2.Brazil

11.2.1.Brazil Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

11.2.2.Brazil Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

11.2.3.Brazil Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

11.3.Mexico

11.3.1.Mexico Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

11.3.2.Mexico Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

11.3.3.Mexico Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

11.4.Rest of Latin America

11.4.1.Rest of Latin America Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

11.4.2.Rest of Latin America Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2016 – 2027

11.4.3.Rest of Latin America Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

11.5.Latin America PEST Analysis

CHAPTER 12.Middle East & Africa Advanced Driver Assistance Systems (ADAS) Market By Country

12.1.Middle East & Africa Advanced Driver Assistance Systems (ADAS) Market Overview

12.2.South Africa

12.2.1.South Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

12.2.2.South Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

12.2.3.South Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

12.3.GCC

12.3.1.GCC Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

12.3.2.GCC Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

12.3.3.GCC Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

12.4.Rest of Middle East & Africa

12.4.1.Rest of Middle East & Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Solution, 2017 - 2028

12.4.2.Rest of Middle East & Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By Sensor, 2017 - 2028

12.4.3.Rest of Middle East & Africa Advanced Driver Assistance Systems (ADAS) Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028

12.5.Middle East & Africa PEST Analysis

CHAPTER 13.Player Analysis Of Advanced Driver Assistance Systems (ADAS)

13.1.Advanced Driver Assistance Systems (ADAS) Market Company Share Analysis

13.2.Competition Matrix

13.2.1.Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2.New Product Launches and Product Enhancements

13.2.3.Mergers And Acquisition In Global Advanced Driver Assistance Systems (ADAS) Market

13.2.4.Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14.COMPANY PROFILE

14.1.Continental AG

14.1.1.Company Snapshot

14.1.2.Business Overview

14.1.3.Financial Overview

14.1.3.1.Revenue (US$ Mn), 2020

14.1.3.2.Continental AG 2020 Advanced Driver Assistance Systems (ADAS) Business Regional Distribution

14.1.4.Product/ Service and Specification

14.1.5.Recent Developments & Business Strategy

14.1.6.Manufacturing Plant Footprint Analysis

14.2.Autoliv

14.3.Magna International

14.4.Texas Instruments

14.5.TRW Automotive

14.6.Others

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1,3 Butadiene Market -  Forecast (2021 - 2026)

The 1,3 Butadiene Market size is forecast to reach $44.8 billion by 2026, after growing at a CAGR of 5.5% during 2021-2026. 1,3 butadiene is used primarily in the production of synthetic rubbers and polymers. 1,3 butadiene products such as styrene-butadiene rubber is highly used in automotive applications due to heat resistant and lightweight properties. These polymers are used in a wide variety of industrial and consumer products. Such polymers are used to produce tire products, paper coating, gloves, and also plastic materials. 1,3 butadiene is also used as an intermediate in the production of chloroprene, adiponitrile, and other basic petrochemicals. It helps to improve product functionality, performance, and safety. Hence, the growing demand from various industries such as automotive, building & construction, healthcare, and others are estimated to create a huge demand for 1,3 butadiene compounds.

Impact of COVID-19

Due to COVID 19, the market for 1,3 butadiene is highly impacted at the global platform. 1,3-butadiene is extremely flammable and it is available as liquefied gas, which is extracted from crude butylene concentration stream. 1,3 butadiene is a byproduct of naphtha that is used to reduce the viscosity of crude oil. Thus, the price of crude oil is fluctuating day by day during the lockdown, which is hampering the production of 1,3 butadiene.

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Report Coverage

The report: “1,3 Butadiene Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the 1,3 butadiene market Industry.

By Product: Styrene-Butadiene Rubber (SBR), Acrylonitrile Butadiene Styrene (ABS), Polybutadiene Rubber (PBR), Polychloroprene (neoprene), Nitrile Butadiene Rubber (NBR), Styrene Butadiene Latex (SB latex), Adiponitrile, and others. By End-Use Industry: Automotive (Passenger Vehicles, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), Building & Construction, Packaging (Food Packaging, Bottles, others), Personal Care Industry (Skin Care, Hair Care, Others), Health Care Industry, Household Appliances, Footwear Industry, and Others. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

Asia-Pacific dominates the 1,3 butadiene market owing to increase demand for synthetic rubbers in the automotive sector, which is made from 1,3 butadiene is likely to aid in market growth.

Increasing adoption for paper coating with high gloss and brightness, also for back coating in tufted carpets to provide stability is expected to grow the demand for styrene-butadiene latex.

Furthermore, increasing crude oil prices and growing awareness regarding health are estimated to hamper market growth.

Figure: APAC 1,3 Butadiene Market Revenue, 2021-2026 (US$ Billion)

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1,3 Butadiene Market Segment Analysis - By Product

Styrene-butadiene rubber segment held the largest share in the 1,3 butadiene market in 2020, because it is the primary material combined with natural rubber to make tires and produced plastic materials. Styrene-butadiene rubber is used for various applications such as cable insulation, drive belts, adhesives, hoses, and molded rubber goods. Apart from this, styrene-butadiene latex (SB latex) is used to produce paper coatings. Acrylonitrile butadiene styrene (ABS) is a heat and impact resistant lightweight material that can be used for toys. Furthermore, acrylonitrile butadiene styrene is used in various automotive applications such as doorknobs, grilles, and trims, which increases the demand for 1,3 butadiene products.

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1,3 Butadiene Market Segment Analysis - By End-Use Industry

Automotive has been the primary end-user segment for the 1,3 butadiene market in 2020 and is growing at a CAGR of 6% during this forecast period because 1,3 butadiene is used in the production of styrene-butadiene rubber, acrylonitrile butadiene styrene resin, and nitrile rubber, which is used in tires on cars and trucks. Nitrile Butadiene Rubber (NBR) is an oil-resistant synthetic rubber used in automotive gaskets where oil resistance is required. Styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR) are used to produce tires and plastic materials. Styrene-butadiene rubber is abrasion resistant with a replacement for natural rubber, which is produced from polyisoprene. Thus, increasing usage of 1,3 butadiene in the automotive industry is estimated to grow the market size.

1,3 Butadiene Market Segment Analysis – By Geography

Asia Pacific dominated the 1,3 butadiene market in 2020 with 30%, due to growing demand for 1,3 butadiene from various end-use industries such as automotive, building & construction, healthcare, and packaging in the region. According to the China Association of Automobile Manufacturers, the production of electric buses is expected to increase 34% by 2025. According to the National Development and Reform Commission (NDRC), 14 construction investment projects were approved worth CNY177.8 billion (US$25.2 billion), following approvals of CNY68.9 billion (US$10.1 billion) in August 2020. Additionally, according to Central Sanctioning and Monitoring Committee (CSMC), 1,68,606 new homes were approved to construct in urban areas under Pradhan Mantri Awasa Yojana in 2021 Hence, all factors are estimated to grow the demand for 1,3 butadiene.

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1,3 Butadiene Market Drivers

Rising Adoption from Automotive Industry

1,3 Butadiene is used primarily as a chemical intermediate and as a monomer in the manufacture of polymers such as synthetic rubbers or elastomers, including styrene-butadiene rubber (SBR), which is majorly used in the production of tires. 1,3 Butadiene is consumed in the manufacture of polymers, latexes, and plastic materials. Apart from this, acrylonitrile-butadiene rubber resin is used to reduce the weight of tires, thus the growing adoption of 1,3 butadiene in the automotive industry is estimated to grow the market size during the projected year. Additionally, it is widely used in tire production due to enhancing components to tires, such as rolling resistance, wear, and traction. Thus, increasing automotive tire production is estimated to the growing demand for 1,3 butadiene. According to U.S. Tire Manufacturers Association, the tire production of lightweight vehicles increased from 25.4 million to 26.7 million in 2018-2019 and the passenger car’s tire production increased from 14.4 million to 17.4 million in 2018-2019. Additionally, according to the India Brand Equity Foundation (IBEF), tire demand is estimated to grow by 7-9 percent during FY2019-FY23, and the tire market is forecast to reach USD 251.4-282.8 billion by 2026. Hence, all factors are growing demand for 1,3-butadiene.

1,3 Butadiene Market Challenges

Growing Concern towards Healthcare & Personal Care Products

1,3 butadiene is widely used in health care and personal care products but 1,3 butadiene is a problem carcinogen in humans. It causes lymph and blood cancer in humans. Due to this reason, the demand for 1,3 butadiene may decreased. Butadiene causes many diseases like headache and dizziness, due to which humans can die or go into a coma. These factors are increasing concern about health safety and hampering the market growth.

Fluctuation of Raw Material Prices

1,3 butadiene used in the production of synthetic rubbers. Styrene-butadiene rubbers and acrylonitrile butadiene rubber are used in the production of tires of vehicles. 1,3 butadiene is feedstock chemical of petrochemical industry which produced as a by-product from steam cracking of naphtha. 1,3 butadiene can also be produced by the dehydrogenation of butane. In recent years the production of naphtha has fluctuated massively due to fluctuation in crude oil prices which may hamper the production of 1,3 butadiene. According to the U.S. Energy Information Administration (EIA), crude oil prices decreased by US$ 41.69 per barrel in 2020 compared to US$ 64.34 per barrel in 2019.

1,3 Butadiene Market Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 1,3 butadiene market. Major players in the 1,3 Butadiene Market are BASF, Exxon Mobil Corporation, TPC Group, Lanxess, Lyondellbasell, Ineos, Sabic, Dow, LG Chem, YEOCHUN NCC CO., LTD., Reliance Industries, Jiutai Energy Inner Mongolia Co., Ltd., Bangkok Synthetics Co. Ltd, JSR and Braskem, and among others.

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Global Automotive Original Equipment Manufacturer (OEMs) Market (2021 to 2028) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Automotive Original Equipment Manufacturer (OEMs) Market is grow at a CAGR 3.4%in the forecast 2021 to 2028

Automotive Original Equipment Manufacturer (OEMs) Market Scope and Size

·        On the basis of component, the automotive original equipment manufacturer (OEMs) market is segmented into body, electrical and electronics, interior, power-train and chassis and others. Body has further been segmented into doors, windows and BIW (body in white). Electrical and electronics has further been segmented into electrical supply system, gauges, ignition system, lighting, switches and cameras and sensors. Interior has further been segmented into floor and car seat. Power-train and chassis has further been segmented into brake system, engine, exhaust system, fuel supply, suspension and steering and transmission. Others have further been segmented into tires, wheels, A/C and others.

·        On the basis of vehicle type, the automotive original equipment manufacturer (OEMs) market is segmented into commercial vehicles, passenger cars and electric vehicles. Commercial vehicles have further been segmented into light commercial vehicles (LCV) and heavy commercial vehicles (HCV). Electric vehicles have further been segmented into plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV) and hybrid electric vehicle (HEV).

·        The automotive original equipment manufacturer (OEMs) market is segmented on the basis of distribution channel into OEM retailers and wholesalers and distributors.

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Automotive Original Equipment Manufacturer (OEMs) Market Country Level Analysis

The automotive original equipment manufacturer (OEMs) market is analyzed and market size, volume information is provided by country, component, vehicle type and distribution channel as referenced above.

 The countries covered in the automotive original equipment manufacturer (OEMs) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA). Competitive Landscape and Automotive Original Equipment Manufacturer (OEMs) Market Share Analysis

The automotive original equipment manufacturer (OEMs) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive original equipment manufacturer (OEMs) market.

The major players covered in the automotive original equipment manufacturer (OEMs) market report are ZF Friedrichshafen AG, TOYOTA MOTOR CORPORATION, Volkswagen AG, DENSO CORPORATION, Robert Bosch GmbH, Marelli Holdings Co., Ltd. ,Nissan, Daimler AG,BorgWarner Inc., Honda Motor Co., Ltd., Magna International Inc., Ford Motor Company, MITSUBISHI MOTORS CORPORATION,  Continental AG, CIE Automotive, Siemens, EXIDE INDUSTRIES LTD.,BMW AG, Aptiv and Valeo among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT

Chapter One: Automotive Original Equipment Manufacturer (OEMs) Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Automotive Original Equipment Manufacturer (OEMs) Market Competition, by Players

Chapter Four: Global Automotive Original Equipment Manufacturer (OEMs) Market Size by Regions

Chapter Five: North Automotive Original Equipment Manufacturer (OEMs) Market by Countries

Chapter Six: Europe Automotive Original Equipment Manufacturer (OEMs) Market Revenue by Countries

Chapter Seven: Asia-Pacific Automotive Original Equipment Manufacturer (OEMs) Market by Countries

Chapter Eight: South America Automotive Original Equipment Manufacturer (OEMs) Market by Countries

Chapter Nine: Middle East and Africa Automotive Original Equipment Manufacturer (OEMs) Market Equipment by Countries

Chapter Ten: Global Automotive Original Equipment Manufacturer (OEMs) Market Segment by Type

Chapter Eleven: Global Automotive Original Equipment Manufacturer (OEMs) Market Segment by Application

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Reasons for Buying this Automotive Original Equipment Manufacturer (OEMs) Market Report

1.     Automotive Original Equipment Manufacturer (OEMs) Market report aids in understanding the crucial product segments and their perspective.

2.     Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Biocides industry.

3.     Even the Automotive Original Equipment Manufacturer (OEMs) Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

4.     This report provides a more rapid standpoint on various driving facets or controlling Biocides promote advantage.

5.     This worldwide Automotive Original Equipment Manufacturer (OEMs) Market report provides a pinpoint test for shifting dynamics that are competitive.

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