#Thermoplastic Polyolefins Market Key Players

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Powder Coatings Market to Reach US$ 21.0 Bn by End of 2031

The global powder coatings market is likely to expand at a CAGR of 6.6% between 2022 and 2031. Powder coating is a coating type generally applied as a dry, free-flowing powder. Powder coating is usually electrically charged before heating or exposing to ultraviolet light and then cured, as opposed to traditional liquid paint, which is applied using an evaporating solvent. Thermoplastic or thermoset polymers are used to make the powder in powder coatings and are typically used to achieve a hard finish, which is more durable than regular paint.

Utilization and demand for powder coatings is increasing in the automobile industry. Powder coatings have better corrosion resistance and abrasion resistance qualities. These could also help in resisting ultraviolet rays of the sun, acid rain, and offer protection from rain and weather damage too. These properties offered by powder coatings are likely to create business opportunities for manufacturers in the market during the forecast period.

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According to TMR report, the global powder coatings market was valued at US$ 11.8 Bn in 2021 and is anticipated to reach US$ 21 Bn by the end of 2031. Powder coatings have eco-friendly characteristics; hence, demand for these coatings is anticipated to rise significantly in the next few years.

Key Findings of Study

Government-imposed Stringent Environmental Regulations on Harmful Coatings: Various rules and regulations have been imposed on handling, storage, and transportation of multiple specimen chemicals and their effluents, emissions, and other pollutants. This has led to high demand for less harmful alternatives such as powder coatings. An added advantage of powder coatings is that these do not require any specific handling, storage, or transportation methods. Thus, the imposition of stringent environment regulations on harmful coatings is projected to propel powder coatings market expansion in the near future.

Increase in Demand in Automotive Industry: Powder coatings offer irresistible value proposition for consumers, and are thus gaining popularity in the automotive sector. Powder coating is used for automobile parts such as door handles, roof racks, and the interior & exterior trims to protect from rain and heat. Furthermore, low operational cost and corrosion & abrasion resistance are anticipated to increase popularity of powder coatings in the next few years. These factors are projected to create growth opportunities for the global powder coatings market during the forecast period.

Key Drivers

Rise in demand in the automotive industry is projected to augment market growth during the forecast period

Environment-friendly characteristics of powder coatings is anticipated to increase adoption in future

Increase in demand in applications such as metal furniture, construction, agriculture, and other industries is projected to accelerate market expansion in the near future

Key Players

Prominent players in the global powder coatings market are Marpol Private Limited, DuluxGroup Limited, RPM International, Inc., BASF SE, SOMAR, Kansai Nerolac Paints Limited, Asian Paints Limited, Berger Paints India Limited, The Valspar Corporation, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., KAPCI Coatings, PPG Industries, Inc., The Sherwin-Williams Company, Axalta Coating Systems., and Akzo Novel N.V.

Powder Coatings Market Segmentation

Type

Thermoset

Epoxy

Polyester

Epoxy Polyester Hybrid

Acrylic

Others (including low temperature powder coatings and anti-microbial powder coatings)

Thermoplastics

Polyvinyl Chloride (PVC)

Nylon

Polyolefin

Polyvinylidene Fluoride (PVDF)

Coating Method

Electrostatic Spray

Fluidized Bed

Application

General Metals

Metal Furniture

Agriculture, Construction, and Earthmoving Equipment (ACE)

Automotive

Architecture

Appliances

Others

Regions

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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Heat Shrink Sleeves Manufacturer in India: Bhagyadeep Cables Leading the Way

In the intricate world of electrical and mechanical protection, heat shrink sleeves have emerged as a critical component. These versatile, durable, and reliable solutions are indispensable in ensuring the safety and longevity of electrical connections and cables. As the demand for these products continues to grow, India has positioned itself as a significant player in the global market. Among the key manufacturers, Bhagyadeep Cables stands out for its commitment to quality, innovation, and customer satisfaction.

Understanding Heat Shrink Sleeves

Heat shrink sleeves, also known as heat shrink tubing, are thermoplastic tubes that contract when exposed to heat, creating a tight, protective seal around the objects they encase. These sleeves are used in a variety of applications, including electrical insulation, strain relief, bundling of wires, and protection against environmental elements such as moisture, dust, and chemicals.

Key Benefits of Heat Shrink Sleeves

Electrical Insulation: Heat shrink sleeves provide excellent electrical insulation, protecting cables and wires from potential short circuits and ensuring reliable electrical performance.

Environmental Protection: These sleeves offer robust protection against moisture, dust, chemicals, and other environmental factors that could damage or degrade electrical connections.

Mechanical Strength: By providing additional mechanical strength, heat shrink sleeves help prevent abrasion and damage to cables and wires, extending their lifespan.

Versatility and Flexibility: Heat shrink sleeves are available in various sizes, materials, and colors, allowing for a wide range of applications and easy identification of different wires and cables.

Ease of Application: The process of applying heat shrink sleeves is straightforward, requiring only heat to activate the shrinking process, making them a convenient and effective solution for many applications.

Choosing the Right Heat Shrink Sleeve Manufacturer

When selecting a heat shrink sleeve manufacturer, several factors must be considered to ensure the highest quality and performance:

Quality Standards and Certifications: Ensure the manufacturer adheres to international quality standards, such as ISO and UL certifications, guaranteeing that their products meet stringent safety and performance requirements.

Material Selection and Customization: The choice of material is crucial for the sleeves' performance in different applications. Manufacturers should offer a variety of materials, such as polyolefin, fluoropolymer, and elastomer, to meet specific needs.

Product Range and Flexibility: A wide product range and the ability to customize sleeves according to size, color, and specific application requirements are essential for meeting diverse customer needs.

Innovation and Technology: Manufacturers who invest in research and development to incorporate the latest technologies and innovations into their products offer superior performance and reliability.

Customer Support and Service: Excellent customer support, including technical assistance and after-sales service, ensures a smooth and satisfactory experience from product selection to application.

Bhagyadeep Cables: Leading the Heat Shrink Sleeve Market in India

Bhagyadeep Cables has established itself as a leading manufacturer of heat shrink sleeves in India, renowned for its commitment to quality, innovation, and customer satisfaction. Here’s what sets Bhagyadeep Cables apart in the competitive market:

Extensive Product Range: Bhagyadeep Cables offers a comprehensive range of heat shrink sleeves, including standard and customized options for various applications. Their product range caters to the needs of diverse industries, including electronics, automotive, telecommunications, and energy.

High-Quality Standards: Adhering to stringent quality standards, Bhagyadeep Cables' products meet international certifications such as ISO 9001:2015 and UL. This ensures that their heat shrink sleeves are reliable, durable, and safe for use in critical applications.

Customization and Flexibility: Bhagyadeep Cables provides tailored solutions to meet specific customer requirements, offering a variety of materials, sizes, and colors to suit different applications and environments.

Innovative Manufacturing: Investing in advanced manufacturing technologies, Bhagyadeep Cables continuously improves its product offerings, incorporating the latest innovations to enhance performance and efficiency.

Sustainability and Eco-Friendliness: Committed to sustainability, Bhagyadeep Cables integrates eco-friendly practices into their manufacturing processes, using recyclable materials and minimizing their environmental impact.

Reliable Customer Support: With a dedicated team of experts, Bhagyadeep Cables offers exceptional customer support, guiding clients through product selection, application, and after-sales service to ensure a seamless experience.

Why Bhagyadeep Cables is the Preferred Choice

Choosing Bhagyadeep Cables for your heat shrink sleeve needs provides several key advantages:

Assured Quality: With a focus on maintaining high-quality standards, Bhagyadeep Cables delivers products that meet and exceed industry requirements, ensuring safety and reliability.

Wide Range of Options: Their extensive product portfolio and customization capabilities mean you can find the perfect heat shrink sleeve for any application, whether for electrical insulation, environmental protection, or mechanical strength.

Innovation-Driven: Bhagyadeep Cables’ commitment to innovation ensures that you receive cutting-edge products that incorporate the latest advancements in technology and materials.

Sustainable Practices: Their dedication to sustainable manufacturing practices aligns with global environmental goals, offering eco-friendly products that contribute to a greener future.

Exceptional Service: With a customer-centric approach, Bhagyadeep Cables provides excellent service, from product selection to after-sales support, ensuring customer satisfaction.

Conclusion

In the dynamic and growing market of heat shrink sleeves, Bhagyadeep Cables stands out as a trusted and innovative manufacturer in India. Their commitment to quality, extensive product range, and focus on customer satisfaction make them the preferred choice for heat shrink sleeve solutions. Whether you need protection for electrical connections, environmental sealing, or mechanical reinforcement, Bhagyadeep Cables has the expertise and products to meet your needs.

For more information on their heat shrink sleeve offerings, visit Bhagyadeep Cables' official website or contact their expert team today.

[prenasper]

Polyolefins Market Trends, Revenue, Size-Share, Growth Drivers, Challenges, Demand, Business Opportunities, Challenges and Competitive Analysis 2032: SPER Market Research

Polyolefin belongs to the thermoplastic family. It is mainly made from natural gas and oil through the polymerization of ethylene and propylene, respectively. It is made from olefins, hydrocarbons, and monomers and has excellent processability, chemical stability, and long-term durability. It is the most frequently used thermoplastic polymer, utilized in a variety of industries including packaging, consumer goods, and fiber and textiles. Polyolefin is a polymer formed by the polymerization of monomer olefin in the presence of a suitable catalyst. Common polyolefins include polyethylene and polypropylene. These chemicals are widely employed in a variety of applications across sectors. Some of the most significant polyolefin-consuming industries include automotive, construction, electrical and electronics, and packaging.

According to SPER Market Research, ‘Polyolefins Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032’ states that the Global Polyolefins Market is estimated to reach USD 487.46 billion by 2032 with a CAGR of 5.23%.

Numerous factors contribute to the growth of the global polyolefins market, including the development of the solar power industry and an increase in demand from the packaging industry in industrialized nations. On the contrary, the growth of the packaging industry in developing nations such as India and China is likely to provide profitable prospects for market participants over the projection period. Polyolefin is easily transformed into fibrous structures such as nonwovens, knitted textiles, and yarns. Thus, it is widely employed in the textile sector. The rise of the global textile sector is driving up demand for polyolefin. Furthermore, increasing research and development activities by market participants may result in the possible application of polyolefin with nanotechnologies that can be applied across a variety of sectors. Advancements and advancements in polyolefin fibers are projected to expand their medicinal applications. Furthermore, the increasing demand for sheets and films from the construction and buildings is expected to drive the market expansion.

The high cost of polyolefin, rising environmental concerns, and challenges with plastic disposal may limit industry growth. Furthermore, shifting crude oil prices will put the market's growth pace at risk. However, variable raw material prices impede market expansion. Volatility in the cost of primary substances is a barrier to polyolefin production because as the price of raw materials rises, so do the costs of polyolefins. The government's efforts to limit the use of plastic pose a significant hurdle. The need for sustainable solutions has reached high. Consumers' increased use of non-plastic materials may hinder market growth in the future.

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The COVID-19 epidemic has resulted in the partial or entire suspension of non-essential industrial facilities in major countries such as the United States, China, Japan, India, and Germany. It has suspended the production activity in the majority of industrial units around the world. The COVID-19 outbreak has impacted both demand and production of polyolefins. The proliferation of COVID-19 in many countries throughout the world interrupted manufacturing activity in industries including automotive and construction, resulting in a fall in demand for polyolefins. The worldwide health crisis has a significant influence on raw materials in the chemical industry supply chain.

Asia-Pacific dominates this market. Some of the key players are Exxon Mobil Corp Braskem, Chevron Corp., Borealis AG, Dow, Exxon Mobil Corp.

Our in-depth analysis of the Polyolefins Market includes the following segments:

By Type:

Ethylene-Vinyl Acetate

Polyethylene

Polypropylene

Polystyrene

By Application:

Blow Molding

Film & Sheet

Injection Molding

Profile Extrusion

By Region:

Asia-Pacific

Europe

Middle East & Africa

North America

Latin America

For More Information, refer to below link:-

Polyolefins Market Outlook

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Polyvinyl Chloride (PVC) Market Resilience: Adapting to Changing Economic and Regulatory Landscape

Polyvinyl chloride, commonly abbreviated as PVC, is a thermoplastic polymer derived from petrochemicals. It has a variety of applications due to its high strength, durability, versatility and ease of installation. PVC is used to make plumbing pipes and fittings, flooring, roofing, surface coatings, window frames, siding, wire & cable insulation, and medical devices among others. It is highly corrosion-resistant, cost-effective and requires low maintenance. PVC pipes do not rust, rot or corrode which make them preferable over metal pipes in many applications. The global Polyvinyl Chloride (PVC) Market is estimated to be valued at US$ 55.73 Bn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:

Wide Range of Applications The wide range of applications of PVC due to its versatility has led to increasing demand over the years. It is used in construction, wire & cable insulation, medical devices, automotive and other sectors. PVC pipes are commonly used for sewage, drainage and water supply systems due to their high strength, durability and corrosion resistance. The growth of the construction industry especially in emerging economies has augmented the demand for PVC pipes, fittings, flooring, window frames and sidings which has created lucrative opportunities for players in the PVC market. Porter's Analysis Threat of new entrants: Low as PVC requires high capital investments in manufacturing facilities and supply chain. Bargaining power of buyers: Moderate as PVC has many substitute products. Bargaining power of suppliers: Moderate as raw materials for PVC like chlorine gas and ethylene have many global suppliers. Threat of new substitutes: Moderate as alternate materials like Polyolefins poses threat. Competitive rivalry: High as industry has many global players competing on price and quality. SWOT Analysis Strengths: Wide applications, low cost, durability. Weaknesses: Environmental concerns during production and disposal. Opportunities: Growth in construction and automotive industries. Threats: Stringent regulations, substitute products. Key Takeaways The global PVC market is expected to witness high growth during the forecast period of 2023-2030. The Asia Pacific region dominated the global market in 2023 with a share of over 50% attributed to high demand from construction and automotive industries in China, India. Key regional markets include China, India, United States, Germany and Japan. Key players operating in the PVC market are ChemChina, Formosa Plastics Corporation, Ineos, Inner Mongolia Junzheng Energy & Chemical Group, Kem One, LG Chem, Occidental Petroleum Corporation, Orbia, SABIC, Shaanxi Coal and Chemical Industry Group Co. Ltd, Shin-Etsu Chemical Co. Ltd, Xinjiang Tianye (Group) Co. Ltd, Westlake Chemical Corporation, and Xinjiang Zhongtai Chemicals. The industry is dominated by few global players focusing on expanding production capacities, backward integration and new product development.

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Thermoplastic Elastomers Market Size, Type, segmentation, growth and forecast 2023-2030

Thermoplastic Elastomers Market

The Thermoplastic Elastomers Market is expected to grow from USD 24.00 Billion in 2022 to USD 36.29 Billion by 2030, at a CAGR of 6.40% during the forecast period.

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Thermoplastic Elastomers Market Size

Thermoplastic Elastomers (TPEs) are a type of material that combines the properties of thermoplastics and elastomers. They exhibit rubber-like elasticity and can be easily shaped and molded, making them ideal for various applications in industries such as footwear, automobile, building & construction, and others. The TPE market is segmented based on types such as Styrene-Based TPE (SBCs), Thermoplastic Polyolefins, Thermoplastic Polyurethanes, Polyether Ester TPE(TPEE), and Others. The market players operating in this market include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DowDuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, and ChiMei. The market is segmented into regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The regulatory and legal factors specific to market conditions such as product safety regulations, environmental regulations, and quality standards must be met by the manufacturers to ensure compliance. Overall, the growth of the TPE market is fueled by factors such as rising demand for lightweight and high-performance materials, the increasing popularity of eco-friendly materials, and the growing demand from end-user industries.

Thermoplastic Elastomers Market Key Player

Kraton Polymers

DowDuPont

BASF SE

Dynasol

LG Chem

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Thermoplastic Elastomers Market Segment Analysis

The thermoplastic elastomers (TPE) target market is growing due to several factors. The increasing demand for lightweight and eco-friendly materials in various industries, such as automotive, construction, medical, and food, is driving the revenue growth of the TPE market. The TPE market is also growing due to the rise in demand for sustainable and recyclable materials.

The latest trends in the TPE market include the development of TPEs with improved performance properties such as better oil and chemical resistance, higher temperature tolerance, and greater flexibility. The market is also seeing an increase in demand for TPEs that are compatible with various substrate materials.

The major challenges faced by the TPE market include competition from other materials such as rubber and thermoset elastomers. The market is also experiencing challenges due to the high cost of production and processing of TPEs, which can limit their adoption in various applications.

According to the latest report, the main findings of the TPE market are the increasing demand for TPEs in the automotive industry, the growing demand for eco-friendly TPEs, and the increasing use of TPEs in medical applications. The report also recommends that TPE manufacturers focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.

In conclusion, the TPE market is growing at a steady pace due to various factors, and the market is expected to continue its growth in the future. The TPE market is facing challenges, such as competition from other materials and high production costs, but the development of new TPEs with improved performance properties can help address these challenges. The main findings of the report suggest that TPE manufacturers should focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application):

Footwear

Automobile

Building & Construction

Others

Information is sourced from www.reportprime.com

[reportprimerahul]

Thermoplastic Elastomers Market Size, Type, segmentation, growth and forecast 2023-2030

Thermoplastic Elastomers Market

The Thermoplastic Elastomers Market is expected to grow from USD 24.00 Billion in 2022 to USD 36.29 Billion by 2030, at a CAGR of 6.40% during the forecast period.

Thermoplastic Elastomers Market Size

Thermoplastic Elastomers (TPEs) are a type of material that combines the properties of thermoplastics and elastomers. They exhibit rubber-like elasticity and can be easily shaped and molded, making them ideal for various applications in industries such as footwear, automobile, building & construction, and others. The TPE market is segmented based on types such as Styrene-Based TPE (SBCs), Thermoplastic Polyolefins, Thermoplastic Polyurethanes, Polyether Ester TPE(TPEE), and Others. The market players operating in this market include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DowDuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, and ChiMei. The market is segmented into regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The regulatory and legal factors specific to market conditions such as product safety regulations, environmental regulations, and quality standards must be met by the manufacturers to ensure compliance. Overall, the growth of the TPE market is fueled by factors such as rising demand for lightweight and high-performance materials, the increasing popularity of eco-friendly materials, and the growing demand from end-user industries.

Thermoplastic Elastomers Market Key Player

Kraton Polymers

DowDuPont

BASF SE

Dynasol

LG Chem

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Thermoplastic Elastomers Market Segment Analysis

The thermoplastic elastomers (TPE) target market is growing due to several factors. The increasing demand for lightweight and eco-friendly materials in various industries, such as automotive, construction, medical, and food, is driving the revenue growth of the TPE market. The TPE market is also growing due to the rise in demand for sustainable and recyclable materials.

The latest trends in the TPE market include the development of TPEs with improved performance properties such as better oil and chemical resistance, higher temperature tolerance, and greater flexibility. The market is also seeing an increase in demand for TPEs that are compatible with various substrate materials.

The major challenges faced by the TPE market include competition from other materials such as rubber and thermoset elastomers. The market is also experiencing challenges due to the high cost of production and processing of TPEs, which can limit their adoption in various applications.

According to the latest report, the main findings of the TPE market are the increasing demand for TPEs in the automotive industry, the growing demand for eco-friendly TPEs, and the increasing use of TPEs in medical applications. The report also recommends that TPE manufacturers focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.

In conclusion, the TPE market is growing at a steady pace due to various factors, and the market is expected to continue its growth in the future. The TPE market is facing challenges, such as competition from other materials and high production costs, but the development of new TPEs with improved performance properties can help address these challenges. The main findings of the report suggest that TPE manufacturers should focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application):

Footwear

Automobile

Building & Construction

Others

Information is sourced from www.reportprime.com

[factmrblog]

Evaluating the Current & Future Scope of the Textile Coatings Market (2021-2031)

The global textile coatings market is projected to reach a market value of USD 14.2 billion by 2031, growing at a CAGR of 5.2% during the forecast period (2021–2031). The major drivers of the market include increasing demand from the automotive and transportation sector, growing demand for textile coatings from the apparel and footwear industry, and the growing consumer preference for apparel with superior properties.

Textile coatings are materials applied as a thin layer over the surface of a fabric or textile to improve its properties. These coatings can be applied to fabrics to impart water resistance, flame retardant, UV protection, and other properties. The major application sectors for textile coatings are automotive and transportation, apparel and footwear, and home furnishing.

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The automotive and transportation sector is the largest consumer of textile coatings. This is mainly due to the growing demand for automotive interiors with superior properties. Textile coatings are used to provide automotive interiors with flame retardant, water resistance, and UV protection properties.

In terms of region, Asia-Pacific is the largest consumer of textile coatings due to the increasing demand from the automotive and transportation sector in countries such as India and China. The growing consumer preference for apparel and footwear with superior properties is also driving the demand for textile coatings in the region.

The major players operating in the textile coatings market are –

BASF SE

Clariant AG

Covestro AG

Du Pont

Huntsman International LLC

Omnova Solutions Inc.

Solvay SA

Sumitomo Chemical Co. Ltd.

Tanatex Chemicals B.V.

The Lubrizol Corporation

Competitive Landscape –

AkzoNobel N.V. is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

BASF SE is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

The Dow Chemical Company is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

Huntsman Corporation is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

Key Segments Covered

By Technology

Dot Textile Coating Technology

Full Surface Textile Coating Technology

By Raw Material

Thermoplastic Textile Coatings

Polyvinyl Chloride (PVC) Textile Coatings

Polyurethane (PU) Textile Coatings

Acrylic Textile Coatings

Other Thermoplastic Textile Coatings

Polyolefins

Nylon

Thermoset Textile Coatings

Styrene Butadiene Rubber (SBR) Textile Coatings

Natural Rubber Textile Coatings

Other Thermoset Textile Coatings

Nitrile Rubber

Butyl Rubber

Other Textile Coatings

Silicone

Fluoropolymers

By End Use

Geotextiles

Upholstery Fabric

Industrial Clothing

Sports & Leisure

Medical Hygiene Products

Other End Uses

By Region

North America

Europe

East Asia

South Asia

Oceania

Latin America

Middle East & Africa

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[lovingtyphooncupcake]

Thermoplastic Elastomer Market Size, Share and Future Demand

The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.

Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515

How is This Report Developed?

We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends.

Drivers & Restraints-

Increasing Need to Manufacture Automotive Gaskets to Aid Growth

People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future.

Segment-

Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles

Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles.

Regional Insights-

Surging Demand for Luxury Vehicles to Accelerate Growth in Europe

In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth.

In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles.

Competitive Landscape-

Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19

The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments:

August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers.

May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic.

A list of all the renowned thermoplastic elastomers producers operating in the market:

Arkema SA (Colombes, France)

Covestro AG (Leverkusen, Germany)

Evonik Industries AG (Essen, Germany)

Teknor APEX Company (Rhode Island, U.S.)

BASF SE (Ludwigshafen, Germany)

Huntsman Corporation (Texas, U.S.)

Sinopec Group (Beijing, China)

Lubrizol Corporation (Ohio, U.S.)

Kraton Corporation (Texas, U.S.)

Tosoh Corporation (Tokyo, Japan)

Other Key Players

[pragatisblogs]

Non-Liquid Coating Market to Witness Significant Growth by Forecast 

Non-Liquid Coating Market Information:

New York, United States: Non-Liquid Coating market report is an expert's study that focuses mostly on businesses, categories, applications, regions, and other subcategories. In addition to this, the reports include an analysis of sales and revenue, as well as trade, competition, investment, and projections. According to straits research the Non-Liquid Coating Market will grow at a CAGR of % during the forecast period. Non-Liquid Coating Market Research studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.

Competitive Players

Some of the key players operating in the Non-Liquid Coating market are PPG Industries Inc., Jotun Powder Coating, Asian Paints Limited, Axalta coating systems LLC, AkzoNobel NV, The Sherwin -Williams Company, Kansai Paints Company Ltd., Evonik Industries, and RPM International, Inc

Get Free Request Sample Report @ https://straitsresearch.com/report/non-liquid-coating-market/request-sample

The Non-Liquid Coating market report helps a wide range of businesses figure out what their consumers truly want by doing extensive market research. When it comes to new products, every company owner wants to know how much demand there is, and this report is a great resource. Additional benefits include ensuring that the most recent market developments are covered. You may keep a close check on key rivals and their company growth tactics by reading the Non-Liquid Coating market research. It also does an in-depth research for the years 2022-2030 in order to provide company owners with new business options.

This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.

Global Non-Liquid Coating Market: Segmentation

By Resin Type:

Thermoset

Polyester

Epoxy polyester hybrid

Epoxy

Acrylic

Polyurethane

Fluoropolymer

Thermoplastic

Nylon

Polyolefin

Polyvinyl chloride (PVC)

Polyvinyl fluoride (PVF)

By Coating Method

Electrostatic Spray

Fluidized Bed

By Substrate:

Metallic

Non-metallic

By End-Use Industry:

Appliances

Automotive

General Industrial

Architectural

Furniture

Stay ahead of the competition with our in-depth analysis of the market trends!

Buy Now @ https://straitsresearch.com/buy-now/non-liquid-coating-market

Key Highlights

In order to explain Non-Liquid Coating the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces

The purpose of this study is to examine the manufacturers of Non-Liquid Coating, including profile, primary business, and news, sales and price, revenue, and market share.

To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Non-Liquid Coating percent

In order to illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application

To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.

To conduct an investigation into the production costs, essential raw materials, and production method, etc.

Principal Motives Behind the Purchase:

To get deep analyses of the industry and to have a complete comprehension of the commercial landscape of the global market.

Analyse the production processes, key problems, and potential solutions in order to reduce the potential for future problems.

The goal of this study is to get an understanding of the most influential driving and restraining factors in the Non-Liquid Coating industry as well as the influence that this market has on the worldwide market.

Gain an understanding of the market strategies that are now being used by the most successful firms in their respective fields.

In order to have an understanding of the market's future and potential.

Trending Report:

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

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[my-123]

Plastic Compounding Market Trends | Segmentation, Outlook, Industry Report to 2032

The global plastic compounding market is set to witness an impressive growth rate of 7.4% from 2022 to 2032. The plastic compounding market size is anticipated to reach a valuation of around US$ 163.9 Billion by the end of 2032 from the current valuation of US$ 64.8 Billion in 2022.

The plastic compounding process is being utilized to improve electrical properties and UV resistance in polymers rendering it a very critical material in industrial applications. On the other hand, custom polymer compounding is becoming more common in the plastic compounding industry to achieve high-performance qualities in plastic-based goods. The improving economic condition and the rise of plastic end users have promoted plastic compounding market growth.

Due to the comparatively liberal administrative involvement regarding the inclusion of plastics in building materials, rising construction investment is anticipated to present growth possibilities for PVC compounds. The surge in the usage of purging compounds for injection moulding in the building industry is due to their application in flooring, insulation, storage tanks, performance safety windows, doors, pipelines, and cables.

The Asia Pacific plastic compounding market is anticipated to experience increased demand as a result of the expanding manufacturing sector. It is the leading manufacturer and user of consumer goods, autos, and packaging materials, which have cleared the path for the rapid adoption of the plastic compounding process.

Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15461

Competitive Landscape

Some of the well-known plastic compounding market players are BASF SE, LyondellBasell Industries Holdings B.V., Dow, Inc., DuPont, SABIC, RTP Company, S&E Specialty Polymers, LLC (Aurora Plastics), Asahi Kasei Corporation, Covestro AG, Washington Penn, Eurostar Engineering Plastics (EEP), KURARAY CO., LTD., TEIJIN LIMITED, Evonik Industries AG, Dyneon GmbH & Co KG among others.

With the rise of independent fully functional plastic compounding market key players, the sector has seen major capacity growth in last few years. Original Equipment Manufacturers or OEMs, which often enter into strategic relationships with plastic compounding market major players, have emerged to be the major market drivers.

Plastic Compounding Market by Segmentation

By Product Outlook:

Polyethylene (PE)

Polypropylene (PP)

Thermoplastic Vulcanizates (TPV)

Thermoplastic Polyolefins (TPO)

Poly Vinyl Chloride (PVC)

Polystyrene (PS)

Polyethylene Terephthalate (PET)

Polybutylene Terephthalate (PBT)

Polyamide

Polycarbonate

Acrylonitrile Butadiene Styrene (ABS)

Others

By Application Outlook:

Automotive

Building & Construction

Electrical & Electronics

Packaging

Consumer Goods

Industrial Machinery

Medical Devices

Optical Media

Others

Recent Developments in the Global Plastic Compounding Market:

Dow, Inc. Company revealed about its investment projects to enhance circular plastics in October 2021 and start supplying it by 2022. These developments will contribute to the reduction of GHG emissions, the prevention of plastic waste, and the availability of recycled polymers with comparable qualities to fresh plastics.

Browse latest Market Reports@  https://www.futuremarketinsights.com/category/chemicals-and-materials

[sanjay-chem]

Plastic Compounding Market Size To Reach USD 163.9 Billion By 2032

The plastic compounding market size is anticipated to reach a valuation of around US$ 163.9 Billion by the end of 2032 from the current valuation of US$ 64.8 Billion in 2022. The global plastic compounding market is set to witness an impressive growth rate of 7.4% from 2022 to 2032.

The plastic compounding process is being utilized to improve electrical properties and UV resistance in polymers rendering it a very critical material in industrial applications. On the other hand, custom polymer compounding is becoming more common in the plastic compounding industry to achieve high-performance qualities in plastic-based goods. The improving economic condition and the rise of plastic end users have promoted plastic compounding market growth.

Due to the comparatively liberal administrative involvement regarding the inclusion of plastics in building materials, rising construction investment is anticipated to present growth possibilities for PVC compounds. The surge in the usage of purging compounds for injection moulding in the building industry is due to their application in flooring, insulation, storage tanks, performance safety windows, doors, pipelines, and cables.

The current trend of creating PVC from bio-based materials has been a very successful endeavour by plastic compounding market players. For instance, the newly unveiled Equilibrium plasticizer by Dow Chemical Company is expected to have a favourable impact on the growth of plastic compounding market opportunities throughout the projection period.

Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15461

The Asia Pacific plastic compounding market is anticipated to experience increased demand as a result of the expanding manufacturing sector. It is the leading manufacturer and user of consumer goods, autos, and packaging materials, which have cleared the path for the rapid adoption of the plastic compounding process.

Key Takeaways from Market Study

By     maintaining the typical CAGR of 7.4%, it is predicted that the entire     growth of the worldwide market for plastic compounding would be over     US$ 99 Billion within the next 10 years.

Based     on various product forms, polypropylene compound is the     highest-grossing sector of the target market, with an estimated total     share of 25% in 2022.

The     most common application of plastic components is used to     make automotive components, which is figured out to have a market     share of 20% in 2022.

The     plastic compounding market analysis report in 2022 indicated that     Asia Pacific is the dominant region with a market share of more than 40%.

Competitive Landscape

Some of the well-known plastic compounding market players are BASF SE, LyondellBasell Industries Holdings B.V., Dow, Inc., DuPont, SABIC, RTP Company, S&E Specialty Polymers, LLC (Aurora Plastics), Asahi Kasei Corporation, Covestro AG, Washington Penn, Eurostar Engineering Plastics (EEP), KURARAY CO., LTD., TEIJIN LIMITED, Evonik Industries AG, Dyneon GmbH & Co KG among others.

With the rise of independent fully functional plastic compounding market key players, the sector has seen major capacity growth in last few years. Original Equipment Manufacturers or OEMs, which often enter into strategic relationships with plastic compounding market major players, have emerged to be the major market drivers.

Recent Developments in the Global Plastic Compounding Market:

Dow, Inc. Company revealed about its investment projects to enhance circular plastics in October 2021 and start supplying it by 2022. These developments will contribute to the reduction of GHG emissions, the prevention of plastic waste, and the availability of recycled polymers with comparable qualities to fresh plastics.

Plastic Compounding Market by Segmentation

By Product Outlook:

Polyethylene     (PE)

Polypropylene     (PP)

Thermoplastic     Vulcanizates (TPV)

Thermoplastic     Polyolefins (TPO)

Poly     Vinyl Chloride (PVC)

Polystyrene     (PS)

Polyethylene     Terephthalate (PET)

Polybutylene     Terephthalate (PBT)

Polyamide

Polycarbonate

Acrylonitrile     Butadiene Styrene (ABS)

Others

By Application Outlook:

Automotive

Building     & Construction

Electrical     & Electronics

Packaging

Consumer     Goods

Industrial     Machinery

Medical     Devices

Optical     Media

Others

By Region:

North     America

Latin     America

Europe

East     Asia

South     Asia

Oceania

Middle     East and Africa

Read Full Report @ https://www.futuremarketinsights.com/reports/plastic-compounding-market

[constructioandchemicalblog]

Plastic Compounding MarketSegmentation, Sales Revenue, Growth Drivers, Industry Analysis Forecast 2030

As per the research by Market Research Future (MRFR), the global plastic compounding market is estimated to amass the market value of USD 985,743.6 million by 2028, registering a CAGR of 6.75% during the forecast period 

The extensive application of compounded plastic in automotive, electrical & electronics, and construction sector is predicted to drive the plastic compounding market 2020. Furthermore, the increasing substitution for glass, wood, and metals, such as concrete, is anticipated to drive the market during the forecast period. Apart from these factors, the growing prominence of bioplastics offering efficient automotive interior and exterior application is expected to boost the demand for compounded plastics and favor the market growth.

On the contrary, rise in prices of compounded plastics is anticipated to hamper the market growth during the evaluation period. However, the booming packaging industry along with the above-stated causes are projected to increase the demand for compounded plastics and underpin the market during the review period.

Market Segmentation

The segment analysis of the global plastic compounding market is done by product and application.

The product-based segments of the global plastic compounding market are Polypropylene, Polybutylene Terephthalate, Polyethylene, Thermoplastic Vulcanizates, Polyvinyl Chloride, Thermoplastic Polyolefins, Polyethylene Terephthalate, Polycarbonate, Polystyrene, Polyamide, and Acrylonitrile Butadiene Styrene.

The application-based segments of the global plastic compounding market are Automotive, Optical Media, Electrical & Electronics, Medical Devices, Building & Construction, Solar mirror, Packaging, Industrial Machinery, Consumer Goods, and others.

Regional Analysis

Based on the region, the global plastic compounding market is segmented into Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America.

As per the analysis, the global plastic compounding market is projected to be dominated by the APAC region. The APAC region is projected to expand at a CAGR of 6.25% during the forecast period. The region had acquired 47.6% of the total market share in 2017 and is predicted to be lucrative throughout the evaluation period. According to the analysis, the most significant factor responsible for the regional market expansion is the booming automotive and electrical & electronics sector. Furthermore, the growing population in the region is anticipated to play a crucial role in developing the regional market. In addition, the presence of developing countries like India, China, Japan, South Korea, and others are expected to augment the market additionally.

Europe is anticipated to acquire a second position during the forecast period. Europe is likely to acquire 20.8% of the total market share, expanding at a CAGR of 5.72% during the review period. As per the analysis, the packaging industry is likely to play a significant role in expanding the regional market. Furthermore, the presence of established automotive sector is anticipated to develop the market in the coming period.

North America is predicted to be a lucrative market during the review period, expanding at a CAGR of 5.17% during the forecast period. According to the research, the significant participation of the automotive sector can expand the regional market. Furthermore, the presence of developed economies in the region is likely to boost the market during the review period.

The MEA region is likely to expand at the slowest pace owing to the presence of under-developed economies. However, the presence of opportunities in the region can aid in market growth.

Key Players

Some of the renowned players of the global market for plastic compounding are Borealis, SABIC,  Lyondell Basell Industries NV, DuPont, INEOS, Versalis BASF SE, Asahi Kasei Corporation, S.p.A (Eni S.p.A), SO.F.TER S.r.l, Covestro AG, Total SA, 3M (Dyneon GmbH), and LANXESS AG.

Read Full Report Summary: https://www.marketresearchfuture.com/reports/plastic-compounding-market-4697

About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.   MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

[sueheaven]

Medical Tubing Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2022

Global Medical Tubing Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players 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. Major Players in This Report Include :

Zeus Industrial Products (United States)

Saint-Gobain Performance Plastics (France)

Teleflex Incorporated (United States)

Optinova Holding AB (Finland)

Nordson Corporation (United States)

The Lubrizol Corporation (United States)

Putnam Plastics (United States)

Tekni-Plex (United States)

W. L. Gore & Associates, Inc. (United States)

Smiths Group plc (United Kingdom)

Medical Tubing is plastic tubing used for various non-invasive medical and laboratory applications and is required to meet specific standards based on abrasion resistance, flexibility, hardness, and durability. It is mainly used for fluid management and drainage, anesthesiology and respiratory equipment, IVs, catheters, peristaltic pumps, and biopharmaceutical laboratory equipment. On the basis of type, medical tubing is segmented as polyvinyl chloride (PVC), thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), polyolefin, silicone, and others. Various applications of medical tubing include single-lumen, multi-lumen, Co-extruded or bump tubing, braided tubing, balloon tubing, and heat shrink tubing. Rising demand for invasive surgical techniques, growing ageing population and developing a claim for medical devices that incorporate tubing are anticipated for the growth of the global medical tubing market. Market Drivers Rising demand for invasive surgical techniques

Growing Ageing Population

Developing Claim for Medical Devices That Incorporate Tubing

Opportunities Increasing Investments in Healthcare Industry in Emerging Economies

Invention and Customization of Polymers and Tubing Structure

Replacement of Metals with Plastics

Challenges Strict Regulatory Policies

The Medical Tubing market study is being classified by Type (Polyvinyl Chloride (PVC), Thermoplastic Elastomer (TPE), Thermoplastic Polyurethane (TPU), Polyolefin, Silicone, Others), Application (Catheters & Cannulas, Bulk Disposable Tubing, Drug Delivery Systems, Biopharmaceutical Laboratory Equipment, Other Applications), By Structure (Single-lumen, Multi-lumen, Co-extruded, Tapered or Bump Tubing, Braided Tubing, Balloon Tubing, Heat Shrink Tubing) Presented By

AMA Research & Media LLP

[pearlsmith25]

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

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

Market Overview:

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

Key Market Drivers:

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

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

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

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

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

Market Segmentation:

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

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

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

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

Key Players:

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

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

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

Future Outlook:

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

[kunalcmi]

MEDICAL PLASTIC EXTRUSION MARKET ANALYSIS - (2018-2026)

The medical plastic extrusion is a high volume manufacturing process in which raw plastic is melted and formed into the continuous profile using pellets, granules, and flakes powders with some additives such as colorants in either liquid or pellet form. It produces devices such as catheters, intravenous and drainage tubing, needle and syringe caps, injections, and other kind of components or devices that require profiled tube or shaft. Poly Vinyl Chloride (PVC) is the leading polymer used for medical tubing with polyurethane, polyolefin, and blends and alloys such as thermoplastic elastomer. Thus, medical plastic extrusion manufacturers set new production and quality expectations for the essential products like catheters, intravenous and drainage tubing for the medical departments.

 Medical Plastic Extrusion Market- Dynamics

The development in medical plastic extrusion technology and increase in new market players are the major driving factors of global medical plastic extrusion market. Increased access to healthcare services for consumers is also driving growth of the market.

Increasing cardiovascular diseases such as cardiac arrest, cardiac arrhythmia, and congestive heart failure will boost the demand for catheters, globally. On May 17, 2017, the World Health Organization (WHO) stated that the cardiovascular diseases (CVDs) are the number one cause of death, globally. WHO further stated that between 2013 and 2016, 121.5 million American adults were affected by CVDs. In 2016, coronary heart disease (43.2%) was the leading cause of death in the U.S. It will boost the medical plastic extrusion market. North America region, Europe suffers from urology diseases and growing geriatric population, which contributes to broad catheter market. The key factors driving growth of global medical plastic extrusion market include increase in number of surgical processes and growing applications in pain management.

 Medical Plastic Extrusion Market- Regional Dynamics

Regional segmentation of the global medical plastic extrusion by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in global medical plastic extrusion market over the forecast period. Medical plastic extrusion is widely used in hospitals, clinics, and other fields. The North America region launched the new moulding machines by using the plastic extrusion processes which particularly focused on the production capacity, supply and demand statistics, consumption, and volume of the medical plastic extrusion product. For instance, in 2017, Milacron Holdings Corp., a company serving the plastic processing industry launched a new Quantum Toggle injection moulding machine that further provides the features such reduced energy consumption and lowered cycle time coupled with precision and reliability. The Quantum Toggle injection machine is built to have higher productivity, reduced cost of ownership, and improve the performance and advanced technical specification.

 Medical Plastic Extrusion Market- Competitive Analysis

Key players in the global medical plastic extrusion market have inked cooperation agreement for strategic partnership for enhancing the quality of output with better design and manufacturing capabilities which is important for them and their customers, thereby augmenting the market growth. For instance, on October 27, 2016, Kabra Extrusion technik announced a strategic partnership with Unicor GmbH to provide fully integrated extrusion solutions and for the advanced extrusion design. Similarly, on February 18, 2019, Reifenhhauser Group acquired Plamex Maschinenbau GmbH, a move is designed to strengthen the medical plastic industry. Based in Kelberg, Germany, Plamex is a supplier of blown film lines and extrusion components, with core competencies in water cooled oriented films for medical industry.  Post-acquisition, it will work closely with Reifenhhauser Group for supplying the tailor made solutions for packaging industry. As a result, the Reifenhhauser Group will gain the access to new technology for flexible film production, leads to expand the blown film capabilities. After the acquisition, the group can now offer the technologies like water quench, double or multi bubble technologies to new customer group.

The key players in global medical plastic extrusion market are Fluortek, Ace, Putnam Plastics, Vesta, Teel Plastics, Raumedic, Biomerics, Vention medical, Pexco, and VistaMed.

 Request Sample Free Copy of Report here: https://www.coherentmarketinsights.com/insight/request-sample/2620

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 Medical Plastic Extrusion Market- Market Taxonomy

 On the basis of product type, the global medical plastic extrusion market is segmented into:

Medical Coextrusion

Multi Lumen Tubing

Thermoplastic Elastomer Tubing

Medical Tubing

Radiopaque fillers

Splittable Tubing

Etched liners

Others

 On the basis of materials, the global medical plastic extrusion market is segmented into:

Polystyrene

Acrylonitrile Butadiene Styrene

Polypropylene

Poly Vinyl Chloride

Others

 On the basis of application, the global medical plastic extrusion market is segmented into:

Hospitals

Clinic

Others

 On the basis of region, the global medical plastic extrusion market is segmented into:

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

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https://www.coherentmarketinsights.com/insight/buy-now/2620

  About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.

 What we provide:

Customized Market Research Services

Industry Analysis Services

Business Consulting Services

Market Intelligence Services

Long term Engagement Model

Country Specific Analysis

Explore CMI Services here

Contact Us:

Mr. Shah

Coherent Market Insights Pvt. Ltd.

Address: 1001 4th ave, #3200 Seattle, WA 98154, U.S.

Phone: +1-206-701-6702

Email: sales@coherentmarketinsights.com

Source: https://www.coherentmarketinsights.com/ongoing-insight/medical-plastic-extrusion-market-2620

[letsmarketresearchstore]

Thermoplastic Polyolefins Market | Uses, Price, Growth, Key Players, Development Strategy, Sales Revenue and Forecast 2023

Thermoplastic Polyolefins Market Research Report– information by application (automotive, medical, home appliances, building & construction, industrial, and others) region – Forecast till 2023

Top Players

The top vendors striving to their presence felt in the global thermoplastic polyolefins market are Sumitomo Chemical Co., Ltd. (Japan), INEOS Olefins & Polymers (UK), Johns Manville. A Berkshire Hathaway Company (U.S.), RTP Company (U.S.), The Hexpol group of companies (U.S.), SABIC (Saudi Arabia), S&E Specialty Polymers (U.S.), Exxon Mobil Corporation (U.S.), LyondellBasell (the Netherlands), Arkema SA (France), Noble Polymers (U.S.) among others.

Industry News

February 2019 – The U.S. Port of San Diego is set to improve infrastructure, by planning future installation of a solar-powered, renewable microgrid at the Tenth Avenue Marine Terminal. This project will involve removing the existing multiple-ply, built-up roof system and then installing the lighter and highly durable single-ply Thermoplastic Polyolefin membrane roof system.

Market Outline

According to the latest study conducted by Market Research Future (MRFR), the thermoplastic polyolefins market is all set to display a lavish growth pattern, accompanied by a double-digit growth rate during the forecast period (2017-2023).

Market Drivers and Key Restraints

Backed by the vast pool of participants, the global thermoplastic polyolefin market showcases a fiercely competitive landscape. A number of key players across the thermoplastic polyolefin market are aggressively striving to elevate their market position backed by constant product innovation, and also incorporating advanced technologies in their existing product range. In the years to come, these companies are also poised to enter into partnerships as well as mergers and acquisitions which will be their key strategy for business development, states the MRFR report.

Citing an example, in August 2018, LyondellBasell Industries, one of the leading players in the TPO industry, acquired A. Schulman Incorporation, which is a prominent supplier of high-quality composites and plastic compounds in the world. The date experts are of the view that this acquisition is a positive move, which will aid in creating value for customers for both the firms, in addition to uplift their positions in the business space in the near future.

Another factor steering the development of the thermoplastic polyolefin market include the high product demand across construction and automotive sectors. Other than this, the rising sales of tires and rubber items are expected create profitable avenues for the thermoplastic polyolefin market in the coming years. however, few technological challenges could be liable to impede the thermoplastic polyolefin market in the conjectured time frame. Nonetheless, the ever-increasing applications of the product across numerous industries is set to present countless opportunities to the global thermoplastic polyolefin market from 2017 to 2023, thus negating the restraining impact on the overall market.

Market Segmentation

The market for Thermoplastic Polyolefins Market is segmented on the basis of application, which is sub-segmented into automotive, medical, home appliances, building & construction, industrial, and others. Furthermore, the others include rubber goods, packaging, wire & cable, battery, and footwear.

Out of these, the automotive segment holds the largest share in the global market, on account of the rising demand in automobiles at the global level. Thermoplastic polyolefins are utilized in the manufacturing of automotive components like door panels, instrument panels, dashboard skins, bumpers, and trims that light-weight and offer excellent durability. Keeping in mind the growing demand for fuel-efficient vehicles, the application of thermoplastic polyolefins for a number of components is on the rise, lending a significant push to the growth of the segment and helping it maintain its dominance over the review period. The second-largest segment is that of building & construction, owing to the rising construction activities around the world.

Regional Outlook

The global thermoplastic polyolefins market is spread across the key regions of Europe, North America, Asia Pacific and the Middle East and Africa.

Proving its mettle in the global thermoplastic polyolefins market is the region of North America, acquiring the largest share, with Asia Pacific and Europe right behind.  The strong growth of the regional market is the result of the growing demand from automotive, medical, as well as the packaging sector. Canada and the United States (U.S.) are the key contributors to this growth, on account of the continuously developing health care sector along with the strong presence of well-known manufacturers in the region.

The market in Europe with the back-up of countries like Italy, Germany, France, and the United Kingdom (U.K) will be claiming the largest regional share. The factors responsible for the striking growth pattern of the region include the accelerated demand from renowned automobile manufacturers coupled with the strict legislations that pertain to the fuel conservation in the automotive industry.

Asia Pacific consists of several economies like India, Japan, China, Thailand, Malaysia, and South Korea, that have made it possible for the region to establish itself as the fastest growing market for thermoplastic polyolefins. Furthermore, there are high chances of the regional market to retain its healthy pace throughout the review period as a result of various factors like rising population and the increasing number of passenger cars on road. Additional factors that work in favor of the regional market are the competitive production costs as well as the easy availability of raw material. Apart from this, increasing construction activities and the burgeoning population gives a substantial push to the growth of the regional market as well.

The countries in the Middle East and Africa are presumed to clock in a moderate growth, as a result of the increasing foreign investments along with the shifting of production facilities to the region.

The global thermoplastic polyolefins market is spread across the key regions of Europe, North America, Asia Pacific and the Middle East and Africa.

Proving its mettle in the global thermoplastic polyolefins market is the region of North America, acquiring the largest share, with Asia Pacific and Europe right behind.  The strong growth of the regional market is the result of the growing demand from automotive, medical, as well as the packaging sector. Canada and the United States (U.S.) are the key contributors to this growth, on account of the continuously developing health care sector along with the strong presence of well-known manufacturers in the region.

The market in Europe with the back-up of countries like Italy, Germany, France, and the United Kingdom (U.K) will be claiming the largest regional share. The factors responsible for the striking growth pattern of the region include the accelerated demand from renowned automobile manufacturers coupled with the strict legislations that pertain to the fuel conservation in the automotive industry.

Asia Pacific consists of several economies like India, Japan, China, Thailand, Malaysia, and South Korea, that have made it possible for the region to establish itself as the fastest growing market for thermoplastic polyolefins. Furthermore, there are high chances of the regional market to retain its healthy pace throughout the review period as a result of various factors like rising population and the increasing number of passenger cars on road. Additional factors that work in favor of the regional market are the competitive production costs as well as the easy availability of raw material. Apart from this, increasing construction activities and the burgeoning population gives a substantial push to the growth of the regional market as well.

The countries in the Middle East and Africa are presumed to clock in a moderate growth, as a result of the increasing foreign investments along with the shifting of production facilities to the region.