#Tire Cords Market Application

[rpmarketresearch]

Global Single End Cord Industry: Types, Applications, Market Players, Regional Growth Analysis, and Future Scenarios (2023 - 2030)

Single End Cord Market Scenario and Scope

The Single End Cord Market is expected to grow from USD 258.60 Million in 2022 to USD 349.57 Million by 2030, at a CAGR of 4.40% during the forecast period.

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Market Trends Influencing the Single End Cord Market

Key trends driving the Single End Cord market include:

Increasing Usage in Various Industries: Growth in textile, packaging, and other sectors.

Demand in Asia-Pacific: Dominance due to the expansion of the textile industry and increasing demand for packaging materials.

Technological Advancements: Innovations in cord manufacturing and applications.

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Single End Cord Market Segment Analysis

Single End Cord Market, by Type:

Polyester

Nylon

Others

Single End Cord includes various types such as polyester, nylon, and others, catering to diverse applications in multiple industries.

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Single End Cord Market, by Application:

Conveyor Belts

Hoses

Tires

Others

Applications of Single End Cord span across conveyor belts, hoses, tires, and other sectors, driving market demand.

Single End Cord Competitive Analysis

Teijin Frontier

Nexis Fibers

Yueda Yarns

Mehler

Glanzstoff

Kordsa

SKS Textiles

Tejin

Qingdao Tipont Cord Co., Ltd

Zhejiang Unifull

SANWU TEXTILE CO.,LTD.

Sanlux

Cordus

Shakti Cords

Wujiang Hongda

Nantong Heming

Shandong Helon Polytex

Shenyang Chenyu

Key players such as Teijin Frontier, Nexis Fibers, and Yueda Yarns lead the market in production and innovation, influencing global trends and competition.

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Regulatory and Legal Factors

The Single End Cord market is affected by various regulatory and legal factors, including government regulations, import/export regulations, and trade agreements. These factors vary by region and impact market conditions, pricing, and distribution of Single End Cord and related products. Regulatory factors specific to market conditions play a significant role in the growth of the market. Factors such as government regulations, import/export regulations, and trade agreements influence market dynamics. The market is expected to grow due to increasing demand for the product in various industries and technological advancements.

[globalgrowthinsights]

E-prescribing Market Size, Share, Demand, Growth and Forecast 2024-2032

E-prescribing Market provides in-depth analysis of the market state of E-prescribing manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of E-prescribing in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of E-prescribing Market Report:

The report offers a comprehensive and broad perspective on the global E-prescribing Market.

The market statistics represented in different E-prescribing segments offers complete industry picture.

Market growth drivers, challenges affecting the development of E-prescribing are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of E-prescribing.

Major stakeholders, key companies E-prescribing, investment feasibility and new market entrants study is offered.

Development scope of E-prescribing in each market segment is covered in this report. The macro and micro-economic factors affecting the E-prescribing Market

Advancement is elaborated in this report. The upstream and downstream components of E-prescribing and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/e-prescribing-market-100583

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Web: https://www.globalgrowthinsights.com

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market - Forecast(2024 - 2030)

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Overview

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market is forecast to reach $362.14 Million by 2025, after growing at a CAGR of 3.2% during 2020-2025. Resorcinol is used to produce resorcinol formaldehyde (RF) resin to improve the adhesion of rubber and other materials in rubber products, wood adhesives, flame retardants, UV stabilizers, dyes, and others. The global COVID-19 pandemic has caused manufacturing activities around the globe to abruptly pause, impacting the market for rubber as well as their development and processing. The most critically affected end-use segments of the plastics industry include automotive & transportation, consumer goods, industrial machinery, manufacturing, and electronics.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Report Coverage

The report: “Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market. 

By Form – Powder, Pellets and Crystal, and Liquid. 

By Application – Printing Inks, Plastics, Coatings, Solvents, Personal Care Ingredients, Resins, Rubber, and Others.

By Region – North America, South America, Europe, APAC, and RoW.

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Key Takeaways

Growing demand from tyre manufacturing sector in automotive industry, and wood binding adhesive applications, tends to increase the growth of the market.

APAC is dominating the overall resorcinol market due to the rise of automotive manufacturing facilities.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) is produced from hydroperoxidation process, which includes the highest share in the overall market.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Segment Analysis -By Application

Rubber includes the highest share and dominates the overall Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market. The growing demand for manufacturing tyres from the automotive industry makes the positive scenario is majorly boosted by the growth momentum of replacement tires market. In addition, the demand of Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) for the production of personal care ingredients is expected to witness higher growth in upcoming years.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Segment Analysis -By Geography

Asia-Pacific dominated the global market owing to the robust demand from developing nations including China and India. The region being a manufacturing hub for automotive is of the propelling factor for the resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market growth in the region. Currently, there are two major resorcinol producers in the world, Amino-Chem from China and Sumitomo Chemical Company from Japan, the Amino-Chem itself includes the highest production capacity of about 40,000 Mt/y, where Sumitomo Chemicals includes about 32,000 Mt/y. Being the highest producers of resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene), APAC consists the highest share across the globe.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Drivers

Growing demand in rubber industry

Rubber products dominated the application segment, and it is expected to continue its dominance over the forecast period. Resorcinol is widely used for tire manufacturing for a variety of applications such as automotive tires, bicycles, and aircraft. The usage of chemical improves the overall rubber compound processability. It also results in the increase of static as well as dynamic modulus of rubber. Also, it does not have any effect on the overall vulcanization process of rubber and enhances the steel cord adhesion. Such inherent advantages are expected to benefit the segment demand growth over the upcoming years. Also, United States represents one of the largest and the most advanced tire market in the world by providing home to some of the largest tire manufacturers in the world, such as Goodyear Tire & Rubber Co., Cooper Tire & Rubber Co., Michelin and Bridgestone Americas Tire Operations (over 70% of the market share is reported with these four companies). Such factors in turn are estimated to boost the demand for the resorcinol market during the forecast period.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Challenges

Hazardous nature and higher cost tend to constrain the growth of the market

Resorcinol is harmful if swallowed, inhaled or absorbed through skin and causes eye and skin irritation. The compound is irritating to mucous membranes and upper respiratory tract. Depending on the intensity and duration of exposure, effects may vary from mild irritation to severe burns. Resorcinol is regarded as goitrogenic, causing hypo-thyroidism following persistent exposure, e.g. through intake of drinking water polluted with resorcinol from coal gasification and shale oil production, or through use as topical ointment on skin lesions. In addition, resorcinol also includes high cost. Currently, according to Trademap, the price of resorcinol has been increased at rapid pace resorcinol. The main factor impacting the price is the shutdown of resorcinol production plants in major region. Manufacturer such as Indspec Chemical, the only producer in U.S, had shut down its production in July 2017, the low outcome from the plant in order to compete in the market place oversupply and low-efficient manufacturing process, was the major factor behind the cause.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market. In 2019, the market of Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) has been consolidated by the top five players accounting for xx% of the share. Major players in the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market are Amino-Chem, Sumitomo Chemicals, Elementis PLC, Indspec Chemical Corp., Atul Limited, Alfa Aesar, and Kraeber & Co Gmbh among others.

[marketsndata]

Steel Wire Market Size, Share and Growth Forecast 2031

Global steel wire marketsize was valued at USD 106.49 billion in 2022, which is expected to grow to USD 133.85 billion in 2030 with a CAGR of 2.9% during the forecast period between 2023 and 2030. Asia-Pacific dominates this market due to the strong demand from huge construction and automotive sectors in countries such as China and India. Carbon Steel is the most dominant type of steel wire due to its vast application in the construction and automotive sectors, along with its high recyclability.

The steel wire market thrives on a multitude of drivers that fuel its demand and growth across various industries globally. One significant driver is the steady expansion of the construction industry. This surge in construction activities fuels a consistent and strong demand for wire products, anchoring the steel wire market’s growth. Moreover, the automotive sector plays a pivotal role in propelling the demand for steel wire. The increase in vehicle production, accompanied by technological advancements, directly impacts this demand. Steel wire finds extensive use in tire cords, springs, and an array of components within vehicles, contributing to their stability and safety. Lastly, the industrial manufacturing sector heavily relies on steel wire in the production of machinery, equipment, and various industrial goods, which also drives the market.

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Increasing Automotive Sales to Improve the Demand for Steel Wire  

The expansion of the automotive sector significantly influences the demand for steel wire across various facets of vehicle manufacturing. Steel wire is a critical component in reinforcing vehicle tires. It provides strength and stability, contributing to the overall durability and safety of tires. Additionally, various safety components within vehicles, such as seatbelt springs and airbag systems, often rely on steel wire due to its strength and reliability. Moreover, steel wire finds application in multiple vehicle components, from exhaust systems to door latches and seating mechanisms.

For instance, in 2022, the Federation of Automobile Dealers Associations recorded retail sales of 2.21 crore vehicles. Globally, the automotive sector experienced a 15.28% surge in volumes compared to the 1,83,21,760 units sold in 2021. This increase in automotive production raises the demand for steel wire globally.

Rise in Construction Projects to Drive the Steel Wire Market

The robust growth of the construction industry, particularly in emerging economies, is pivotal in propelling the demand for steel wire. Its primary application lies in reinforcing concrete structures, which is fundamental in creating durable and resilient constructions. This surge in construction projects results in an increased and sustained demand for various wire products. Steel wire’s role in enhancing the strength and structural integrity of buildings and infrastructure solidifies its position as a crucial component in meeting the demands of this burgeoning construction landscape.

For instance, several of the United States’ most significant construction projects are poised to reach major developmental milestones in 2023. Ranging in cost from the hundreds of millions to the tens of billions. Among them are an NFL stadium, a substantial airport expansion, and an expansive manufacturing plant. Construction projects globally will increase the demand for steel wire during the forecast period. 

Surge in Energy Projects Globally to Increase Steel Wire Requirements

Steel wire has an important role in powering the energy sector, particularly in facilitating power transmission across vast distances. Its use in cables for power transmission ensures the reliable and efficient distribution of electricity, an essential component in meeting the world’s energy demands. Additionally, within the realm of oil & gas exploration, steel wire serves in various critical applications. It’s integral in supporting the exploration process, aiding in the extraction and transportation of these valuable resources.

For instance, in 2022, renewables accounted for 40 percent of global installed power capacity and saw the largest year-on-year increase (at almost 295 GW). This surge in investments carries with it an expectation of returns which further contributes to increase in number of developing projects globally, which in turn drives the steel wire market.

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Impact of COVID-19

The COVID-19 pandemic caused disruptions in global supply chains, impacting the production and distribution of steel and its raw materials. This led to delays and shortages in the steel supply chain due to factory closures and transportation restrictions. Lockdowns and economic slowdowns reduced demand across multiple sectors, such as construction, automotive, and aviation. Consequently, the market for steel, including steel wire, weakened due to this decreased demand for steel products. The steel wire market saw fluctuating prices during the pandemic due to supply and demand disruptions.

Impact of Russia Ukraine War

The Russia-Ukraine conflict significantly affected the steel wire market, particularly due to Russia’s substantial supply of upstream raw nickel to various countries, notably European nations. The conflict prompted several European countries to impose import bans on Russian goods, tightening the supply of steel wire in these markets. This led to increased production costs for steel wire in these nations, subsequently reducing procurement activity. However, the conflict triggered a global shift in the distribution of oil and gas, leading to new oil & gas construction that increased the demand for steel wire.

Report Scope

“Steel Wire Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of steel wire market globally, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

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Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

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Crumb Rubber Market to Cross US$ 2.4 Bn by 2031

The crumb rubber market to expand to a CAGR of 4.8% during the forecast period from 2021 to 2031. The increasing use of crumb rubber in various applications such as construction materials, automotive components, and asphalt substitutes fuels the growth of the crumb rubber market.

The growth of the construction industry, wherein crumb rubber is used as a crucial component of concrete structures, fuels the expansion of the crumb rubber market. Crumb rubber is increasingly used as a cost-effective asphalt substitute for road construction. With increasing raw material costs for asphalt and asphalt alternatives, crumb rubber is increasingly substituting them for the demand for high-performance road construction materials used to prevent cracks and holes.

Crumb rubber is recycled rubber obtained by recycling automotive and truck scrap ties. Recycling involves removing steel and tire cords to leave tire rubber with a granular consistency, which further reduces particle size with continued processing.

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North America is anticipated to account for substantial revenue to the crumb rubber market over the forecast period. The substantial demand for crumb rubber for applications in sports surfaces, construction materials, and automotive components is fueling the expansion of the crumb rubber market in the region.

Market Segmentation:

By Service Type:

Crumb Rubber Production

Crumb Rubber Distribution

Crumb Rubber Application Services

By Sourcing Type:

Post-consumer Recycled Rubber

Post-industrial Recycled Rubber

By Application:

Sports Surfaces

Tire Manufacturing

Construction

Automotive Components

Others

By Industry Vertical:

Automotive

Construction

Sports & Leisure

Infrastructure

Others

By Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Regional Analysis:

North America: Leading the market due to stringent environmental regulations and high awareness regarding sustainability.

Europe: Embracing crumb rubber in various sectors, driven by eco-conscious consumer preferences and government initiatives.

Asia Pacific: Witnessing rapid adoption in emerging economies like China and India, fueled by infrastructure development and automotive industry growth.

Market Drivers and Challenges:

Drivers:

Increasing focus on sustainable practices and circular economy models.

Rising demand for recycled materials in manufacturing processes.

Favorable government policies promoting tire recycling and waste reduction.

Challenges:

Quality control and standardization of crumb rubber products.

Volatility in raw material prices affects production costs.

Limited awareness and infrastructure in developing regions.

Market Trends:

Technological Advancements: Innovations in recycling technologies leading to higher-quality crumb rubber.

Product Diversification: Expansion into new applications such as noise barriers, playground surfaces, and agricultural use.

Strategic Partnerships: Collaborations between industry players and research institutions for R&D and market expansion.

Future Outlook:

The crumb rubber market is poised for significant growth driven by sustainable development initiatives and increasing adoption across diverse industries. Advancements in recycling technologies, coupled with rising environmental awareness, will fuel market expansion globally.

Key Market Study Points:

Market Size and Growth Rate Analysis

Competitive Landscape and Key Players' Strategies

Regulatory Environment and Impact on Market Dynamics

Technological Innovations and Product Developments

Regional Market Trends and Opportunities

Competitive Landscape and Recent Developments:

Key players in the crumb rubber market include:

Liberty Tire Recycling LLC

Crumb Rubber Manufacturers

Entech Inc.

Genan Holding A/S

Emanuel Tire Co.

Recent developments include partnerships for innovative recycling solutions, expansions into new geographical markets, and product diversification to meet evolving industry demands.

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About Transparency Market Research

Transparency Market Research, a global market research company registered in 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 analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Picanol at Techtextil Frankfurt

Technical textiles are one of the pillars in the long-term product strategy of Picanol, the world’s leading manufacturer of weaving machines. Techtextil Frankfurt is the most important international trade fair for technical textiles and represents the world's central marketing and sourcing platform for users and manufacturers of technical textiles. From April 23 to April 26, 2024, Picanol will be exhibiting at Techtextil Frankfurt in Hall 12.0, Booth C01. On the one hand, the unique combination of revolutionary product platforms in rapier and airjet weaving technology and the digital platform PicConnect, and on the other hand dedicated solutions for technical fabrics offer our customers the best of all worlds: reliability, performance, and flexibility – in the most sustainable way. During Techtextil Frankfurt, Picanol will present its solutions for various applications, including filter fabrics, agro-textiles, carpet-backing, coating fabrics, para-aramides, and tire cords.

The all-new, revolutionary Ultimax rapier weaving machine

Picanol’s all-new and revolutionary rapier weaving machine, the Ultimax, focuses on three main benefits: ultimate performance and high-quality output, readiness for the sustainability requirements of tomorrow, and the greatest ease of use thanks to a maximum level of digitalization. In addition, the classic Picanol exterior design of the machine has been radically disrupted in order to make it clear from the outside just how revolutionary the Ultimax is on the inside. The Ultimax excels in the fields of performance and quality, it has been designed with sustainability as the baseline, and the high degree of digitization results in a previously unseen ease of use..

OptiMax-i Connect rapier weaving machine

The predecessor of the Ultimax, the OptiMax-i Connect rapier weaving machine remains available for specific applications for weaving technical textiles, up to 540 cm.

OmniPlus-i Connect airjet weaving machine

Picanol recently launched a speed increase on its airjet platform, the OmniPlus-i Connect. This is another example of how Picanol sets the benchmark in the industry. With the brand-new leno system, the o-Leno, smart performance, user-friendliness, and intuitive control are combined optimally. Picanol also offers a dedicated version of this airjet machine for tire cord applications, the OmniPlus-i TC Connect.

Digital innovations in PicConnect

With PicConnect, Picanol is centralizing its digital tools and services in one new fully digital platform. Those visiting Techtextil Frankfurt will be able to discover all the benefits and latest features of PicConnect to leverage the full extent of the possibilities offered by Picanol weaving machines.

Picanol has a strong ambition to further grow together with our technical customers – enhancing their market success. We are looking forward to welcoming all our customers, prospects, and partners at our booth during Techtextil Frankfurt.

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Glycols Market : A View of the Industry's Advancements and Opportunities

The global glycols market size is anticipated to reach USD 49.36 billion by 2026 growing at a CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market Research.  The report ‘Glycols Market Share, Size, Trends, & Industry Analysis Report, By Product (Propylene Glycol, Ethylene Glycol (Mono-ethylene Glycol, Di-ethylene Glycol, Tri-ethylene Glycol), By Applications (Textiles, Automotive, HVAC, Medical, Airline, Others), By Regions: Segment Forecast, 2018 – 2026’provides insights on the current market scenario and the future prospects. Increasing demand for ethylene and propylene glycol is owing to its increasing demand from a many primary end-use industries.

 Large volumes of ethylene glycols are consumed for manufacturing of automotive coolant or antifreeze. Ethylene glycols are non-corrosive, stable chemicals with high flash points. Propylene glycols are relatively nontoxic liquids that are practically odorless and colorless. Some of its primary applications include heat transfer fluids, paints & coatings, antifreeze coolants, functional fluids and plasticizers.

 The hygroscopicity of these products makes it an important conditioning agent in in vinyl floor tiles, cork, adhesives, cellulose sponges, synthetic rubbers, printing inks and paper products. Ethylene glycol is also used in formulations development of the alkyd-type resins that has linear chain structures and even in unsaturated polyester resins. It is also used in the dehydration of natural gas. Apart from these the product has several applications in polyester, textile, HVAC, medical, airline and food & beverage industry.

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 MEG is the largest volume product produced of all the ethylene glycols. Polyester grade EG are among the leading application-based product production. This product grade is used in manufacturing of PET resins, fibers and several other substances such as tire cords, textiles, soft drinks, video tapes and water containers.

 The high purity and industrial grade EG are utilized in formulation of various products that require hygroscopic, solvent, or high boiling point physiognomies. Some of these end-use products include printing inks, paints, cleaners, heat transfer fluids, hydraulic fluids, and electronics. The antifreeze grade EG is one of the major primary components in manufacturing of engine coolants especially for automotive.

Diethylene glycol (DEG) has excellent solvent properties and has higher boiling point, specific gravity and viscosity. Some of the primary applications of DEG include adhesives, heat transfer fluids, cement processing and cleansers. Moreover, it is also used as a chemical intermediate in the production of polyurethanes and unsaturated polyester resins.

 Application segments of these products has increased significantly over the years as a synchrony or as a result of development and production of high quality of customer specific grades of these products and hence demand for these products has been increasing and is also anticipated to increase further in the near future.

However, owing to constant price volatility in petrochemicals production over the past few years, prices of ethylene and propylene glycol has also been fluctuating over the past two years across all the regional markets. This was owing to the different demand supply trends of the product in all the regional markets and as an attempt to meet that, product prices have been significantly affected.

In 2017, Asian Pacific glycols industry faced a few challenges in terms of longer supply terms and slower market growth in the downstream polyester terephthalate (PET), polyester fiber and yarn sectors. The listing of monoethylene futured as a product in the China’s Dalian Commodity Exchange (DCE) and added certain uncertainty to MEG price movements. In 2016 as well, the Asia Pacific market experienced volatility and was a challenging market space.

 However, the average global prices of MEG saw gains in the first quarter of 2017 though it stabilized by the end of the year. It was mainly due to the increase in demand for polyester fibers from other regional markets and an overall reduction in production output from the major global suppliers of MEG.

 The worldwide glycols market is a competitive marketspace with moderate degree of integration across the value chain by several market players. Some of the lading market participants include ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Dow Dupont, Royal Dutch Shell plc, LyondellBasell Industries, Total S.A., and China Petroleum & Chemical Corporation.

 Polaris Market Research has segmented the global glycols market on the basis of product, application and region:

Glycols Product Outlook (Revenue, USD Billion, 2015 – 2026)

Propylene glycol

Ethylene glycol

Mono-ethylene glycol

Di-ethylene glycol

Glycols Application Outlook (Revenue, USD Billion, 2015 – 2026)

Polyethylene

Textiles

Automotive

HVAC

Medical

Airline

Polyester Fiber & Resins

Food & Beverage

Others

Glycols Regional Outlook (Revenue, USD Billion, 2015 – 2026)    

North America

S.

Canada

Europe

Germany

UK

France

Italy

Spain

Belgium

Russia

Netherlands

Rest of Europe

Asia-Pacific

China

India

Japan

Korea

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific

Latin America

Brazil

Mexico

Argentina

Rest of LATAM

Middle East & Africa

UAE

Saudi Arabia

South Africa

Rest of MEA

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Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

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Polaris Market Research

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Steel Cord Market, Share, Size, Trends, Forecast and Future Outlook

Steel Cord Market

The market research report provides a comprehensive analysis of the industry, with a specific focus on the Steel Cord Market. It examines the size, growth rate, and major trends within the Steel Cord Market, offering valuable insights into its current state and future prospects. The report explores the significance of Steel Cord in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Steel Cord, providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Steel Cord Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Steel Cord Market and their unique characteristics. Overall, the market research report equips businesses operating in the Steel Cord Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.

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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.

Steel Cord Market Segment Analysis

Steel Cord Market by Product

Brass Coated

Zinc Coated

Others

Steel Cord Market by Type

Normal Tensile

High Tensile

Super Tensile

Ultra -Tensile

Others

Steel Cord Market by Application

Tires

Conveyers Belts

Others

Steel Cord Market by Region

North America

Europe

Asia Pacific

South America

Middle East & Africa

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Table of Content

   1         Executive Summary

 2         Market Introduction

 2.1         Definition

 2.2         Architecture

 2.3         Scope of the Study

 2.4         Related Stakeholders

 3         Research Methodology

 3.1         Introduction

 3.2         Primary Research

 3.2.1        Key Insights

 3.2.2        Breakdown of Primary Interviews

 3.3         Secondary Research

 3.3.1        Important Sources

 3.4         Market Size Estimation Approaches

 3.4.1        Top-Down Approach

 3.4.2        Bottom-Up Approach

 3.4.3        Data Triangulation

 3.5         List of Assumptions

 4         Market Dynamics

 4.1         Introduction

 4.2         Drivers

 4.3         Restraints

 4.4         Opportunities

 4.5         Porter's Five Forces Model Analysis

 4.6         Value Chain Analysis

 4.7         Impact of COVID-19 on Global Steel Cord  Market

 5         Global Steel Cord  Market, By Product

 5.1         Introduction

 5.2         Brass Coated

 5.3         Zinc Coated

 5.4         Others

 6         Global Steel Cord  Market, By Type

 6.1         Introduction

 6.2         Normal Tensile

 6.3         High Tensile

 6.4         Super Tensile

 6.5         Ultra -Tensile

 6.6         Others

 7         Global Steel Cord  Market, By Application

 7.1         Introduction

 7.2         Tires

 7.3         Conveyers Belts

 7.4         Others

 8         Global Steel Cord  Market, By Region

 8.1         Introduction

 8.2         North America

 8.2.1        US

 8.2.2        Canada

 8.2.3        Mexico

 8.3         Europe

 8.3.1        Germany

 8.3.2        UK

 8.3.3        France

 8.3.4        Italy

 8.3.5        Spain

 8.3.6        Rest of Europe

 8.4         Asia-Pacific

 8.4.1        China

 8.4.2        India

 8.4.3        Japan

 8.4.4        South Korea

 8.4.5        Rest of Asia-Pacific

 8.5         Middle East and Africa

 8.6         South America

 9         Competitive Landscape

 9.1         Introduction

 9.2    ��    Vendor Evaluation Criteria

 9.3         Vendor Share Analysis, 2021

 9.4         Recent Developments, 2019-2021

 9.4.1        New Type Launches

 9.4.2        Partnerships

 9.4.3        Mergers or Acquisitions

 9.4.4        Business Expansions

 10     Company Profiles

(This section covers the Business Overview, Financial Overview, Type and Type Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.

 10.1     Bekaert

 10.2     ArcelorMittal

 10.3     Hyosung Corporation

 10.4     Jiangsu Xingda Steel Cord Co., Ltd.

 10.5     Shougang Concord International Enterprises Company Limited

 10.6     Kiswire Ltd.

 10.7     Tokusen USA Inc.

 10.8     Shandong Daye Co., Ltd.

 10.9     WireCo WorldGroup

 10.10  Bridgestone Corporation

 10.11  Sumitomo Electric Industries, Ltd.

 10.12  Kiswel Co., Ltd.

 10.13  Snton Steels Private Limited

 10.14  Gustav Wolf (Thailand) Co., Ltd.

 10.15  Ningbo Jeeryan Materials Co., Ltd.

 10.16  Bead Wire International, Inc.

 10.17  Usha Martin

 10.18  Hubei Fuxing New Material Co., Ltd.

 10.19  Tokyo Rope Manufacturing Co., Ltd.

 10.20  Teijin Limited

 10.21  Heico Wire Group

 10.22  China Shen Zhou Mining & Resources, Inc.

 10.23  Bridon-Bekaert The Ropes Group

 10.24  United Wire Company, Inc.

 10.25  Wire & Plastic Machinery Corp

 10.26  Others

 11     Appendix

 11.1     Discussion Guide

 11.2     Customization Options

 11.3     Related Reports

Continue…

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[pearlsmith25]

Rayon Fibers Market Analysis: A Comprehensive Global Overview

The global textile industry has witnessed significant growth over the years, driven by an increasing demand for comfortable and sustainable fabrics. Within this industry, rayon fibers have gained prominence as a versatile and eco-friendly alternative to traditional natural and synthetic fibers. The Rayon Fibers Market is a dynamic and evolving sector, reflecting changing consumer preferences and the growing awareness of environmental sustainability. In this article, we will explore the key aspects of the Rayon Fibers Market, including its history, manufacturing process, applications, market trends, and sustainability.

Historical Perspective

Rayon, often referred to as "artificial silk," was first developed in the late 19th century as an alternative to natural silk. Its production process involves the conversion of cellulose from wood pulp or other plant-based sources into fibers. This early innovation marked the beginning of the rayon industry, which has since evolved into a global market with various types of rayon fibers.

Manufacturing Process

Rayon fibers market are created through a multi-step process that begins with the extraction of cellulose from wood pulp, bamboo, or other plant materials. Once extracted, the cellulose is chemically treated and dissolved in a solution to form a viscous compound. This compound is then forced through spinnerets to create fibers, which are later solidified through various methods, such as dry spinning or wet spinning. The resulting fibers can be modified to achieve different properties, making rayon suitable for a wide range of applications.

Applications

Rayon fibers are incredibly versatile, making them suitable for a broad spectrum of applications in the textile and non-textile industries. Some of the primary uses of rayon include:

Apparel: Rayon is commonly used to make garments such as dresses, blouses, shirts, and lingerie due to its softness, drape, and breathability.

Home Textiles: Rayon is used in home textiles like bed linens, curtains, and upholstery fabric due to its aesthetic appeal and comfort.

Medical Textiles: Rayon is used in medical products like wound dressings and surgical gowns due to its absorbent and sterile properties.

Nonwoven Fabrics: Rayon is used in nonwoven applications like wet wipes, diapers, and feminine hygiene products.

Industrial Applications: Rayon is utilized in tire cords, industrial filters, and more due to its strength and durability.

Market Trends

The Rayon Fibers Market has witnessed several notable trends in recent years:

Sustainable and Eco-friendly Products: With increasing awareness of environmental issues, there is a growing demand for sustainable and eco-friendly textiles. Rayon, made from renewable plant sources, is considered a greener alternative to some synthetic fibers, appealing to environmentally conscious consumers.

Blending with Other Fibers: Rayon is often blended with other fibers such as cotton, polyester, or spandex to enhance its properties and create fabrics with specific characteristics, such as stretch or moisture-wicking capabilities.

Innovation in Production Methods: Continuous innovation in the manufacturing process has led to the development of specialized rayon fibers with improved strength, durability, and flame resistance, expanding their applications further.

Growing Demand in Emerging Markets: Emerging economies are witnessing a rising middle class with an increasing disposable income, resulting in a greater demand for textiles and apparel, including rayon-based products.

Sustainability

Sustainability is a critical aspect of the Rayon Fibers Market. As consumers become more eco-conscious, manufacturers are working to reduce the environmental impact of rayon production. Sustainable practices include sourcing wood pulp from responsibly managed forests, reducing water and chemical usage during production, and recycling or upcycling rayon waste.

Conclusion

The Rayon Fibers Market demand is a dynamic and versatile sector within the textile industry, offering a sustainable alternative to traditional fibers. With its rich history, diverse applications, and evolving market trends, rayon continues to play a significant role in meeting the demands of modern consumers while addressing environmental concerns. As the industry continues to innovate and adopt sustainable practices, rayon is poised to remain a valuable material in the world of textiles and beyond.

[david843346]

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.

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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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[endrusmithreal]

Navigating Steel Wire Rod Prices: Unveiling Trends and Insights for Informed Market Analysis, Research, and Procurement

In H1’23, steel wire rod prices in Asia increased due to high demand from downstream sectors and steady production activities. However, the second quarter saw challenges with slow movement in cement and construction industries. In Europe, the market was stable in the first quarter, affected by weak buying potential and a lack of new orders. Strikes, rising inflation, and economic uncertainties influenced the mixed trend in the second quarter. In North America, the first quarter showed price incline supported by rising feedstock prices and strong domestic demand. But the second quarter saw a decline due to the sliding economy and low construction activities.

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Definition

Steel wire rod is a semi-finished metal product made from hot-rolled steel billets or blooms. It has a round cross-section and is characterized by its small diameter, typically ranging from 5.5 to 14 millimeters. Steel wire rods are widely used in various industries, including construction, automotive, and manufacturing. They serve as the primary raw material for producing a wide range of steel wire products, such as nails, screws, fencing, springs, and reinforcement materials. The quality and properties of steel wire rod play a crucial role in determining the final product's performance and durability.

Key Details About the Steel wire rod Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on steel wire rod in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The steel wire rod Price chart, including India steel wire rod price, USA steel wire rod price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Steel Wire Rod Price Trend:

Steel wire rods have a wide range of industrial applications due to their strength, flexibility, and adaptability. They serve as a crucial raw material in various industries, including construction, automotive, manufacturing, and telecommunications. In construction, steel wire rods are used for reinforcement in concrete structures, fencing, and mesh products. In the automotive industry, they find application in tire cord, springs, and wire ropes. Steel wire rods are utilized in the production of cables and electrical wires for power transmission and telecommunications. They are also essential in manufacturing fasteners, welding electrodes, and various components for machinery and equipment. The diverse applications of steel wire rods make them indispensable in modern industrial processes.

Key Players:

ArcelorMittal S.A.

Bridon-Bekaert Ropes Group

Heico Companies Metal Processing Group

Optimus Steel

KOBE STEEL LTD

WireCo World Group Inc

JFE Steel Corporation

Nippon Steel Corporation

News and recent development:

A license to produce a comprehensive range of IS 7904 grade steel wire rods, which are used in bridge cables and tire reinforcement materials, has been granted to the state-run Bhilai Steel Plant (BSP) an arm of state-run Steel Authority of India Limited (SAIL),in Chhattisgarh. (Dated: 20 March 2023)

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource Contact Person: Chris Byrd Email: sales@procurementresource.com Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500 Address: 30 North Gould Street, Sheridan, WY 82801, USA

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[toolsbuyingguide1]

The Best Air Compressors for All Your Needs

Introduction:

Air compressors have become indispensable tools for a wide range of applications, from powering pneumatic tools and inflating tires to operating airbrushes and spray guns. Choosing the right air compressor can significantly enhance efficiency and productivity. In this post, we will explore some of the best air compressors available on the market today.

California Air Tools 8010 Ultra Quiet & Oil-Free Air Compressor:

If noise level is a concern for you, the California Air Tools 8010 is an excellent choice. With a noise level of only 60 decibels, it is one of the quietest air compressors available. This portable compressor delivers 2.20 CFM at 90 PSI, making it suitable for various tasks. Its oil-free design ensures clean and maintenance-free operation.

Porter-Cable C2002 Pancake Compressor:

The Porter-Cable C2002 is a popular choice among DIY enthusiasts and professionals alike. Its compact and lightweight design, combined with a 6-gallon pancake-style tank, makes it highly portable. With a maximum pressure of 150 PSI, it can handle a variety of tasks such as nailing, stapling, and inflation. The oil-free pump eliminates the need for regular maintenance.

Makita MAC5200 Big Bore 3.0 HP Air Compressor:

For heavy-duty applications, the Makita MAC5200 offers exceptional power and performance. Equipped with a 3.0 HP motor and a large 5.2-gallon tank, it delivers 6.5 CFM at 90 PSI and can handle demanding tasks with ease. The cast iron pump with a Big Bore cylinder ensures faster recovery time and increased durability.

DEWALT DWFP55126 Pancake Compressor:

The DEWALT DWFP55126 is another highly regarded pancake-style air compressor. With a 6-gallon tank and a maximum pressure of 165 PSI, it provides ample power for various applications. The low-amp motor starts easily in cold weather conditions, and its high-flow regulator ensures consistent performance. The compact design and convenient cord wrap make it easy to transport and store.

Bostitch BTFP02012 Oil-Free Pancake Compressor:

The Bostitch BTFP02012 is a reliable and budget-friendly option for light to medium-duty tasks. Its 6-gallon tank and maximum pressure of 150 PSI offer sufficient power for most home improvement projects. The oil-free pump requires minimal maintenance, and the high-efficiency motor provides quick recovery time.

Conclusion:

When choosing the best air compressor for your needs, it's essential to consider factors such as portability, noise level, power, and tank capacity. The California Air Tools 8010, Porter-Cable C2002, Makita MAC5200, DEWALT DWFP55126, and Bostitch BTFP02012 are all excellent options to consider, depending on your specific requirements. Remember to assess your intended applications and choose an air compressor that provides the right combination of power, durability, and convenience to maximize productivity.

[sagarg889]

Plastic Extrusion Machine Market: Key Players, Applications, Outlook, SWOT Analysis 2022 to 2032

The global plastic extrusion machine market is projected to reach US$ 6.7 Billion in 2022. Based on the report, sales of plastic extrusion machines are expected to have a CAGR of 4.70% and to reach an evaluation of US$ 10.7 Billion by 2032.

The prominent advantage of the plastic extrusion machine process is that the plastic can be given any complex shape and molded into any design without the appearance of any cracks or im. perfections as the plastic encounters only shear and compressive stresses.

Additionally, the procedure aids in the creation of parts and components with superb surface finishes. A barrel and screw, as well as heaters, dies, and screw drives, make up the extruder machine. Two different pressure conditions are applied when the extrusion machine is in operation. Plastic products like weather stripping lines, pipes, tubes, deck railings, plastic films, window frames, plastic sheets, wire insulation, and thermoplastic coatings are made using plastic extrusion. Fixed cross-sectional profiles are made using the extrusion process.

Materials, such as plastic or thermoplastic, are pressed through a die of desired shape and cross-section. Plastic extrusion is a manufacturing process using which high volumes of plastic material is manufactured and produced to form a continuous profile.

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Additionally, the mixing action of the plastic compound through the shearing action is facilitated by the extruder screw. The plastic extrusion process is used for the manufacturing of plastic tires and belt conveyors in the global market. Extrusion machines can be used for the manufacturing of several materials from thermoplastic plastic, thermoplastic and natural plastic. The cross-sectional shapes or profiles, such as cord, rectangles, squares and triangular shapes and hollow sections of the aforementioned profiles can be easily manufactured using plastic extrusion machines.

Market Dynamics: Plastic Extrusion Machine Global Market

The Plastic extrusion machine market is estimated to gain traction in the market over the forecast period owing to significant drivers, such as significant innovation processing technologies and introduction of new and novel plastic products in the global market.

However, there are other factors which are also expected to drive the demand for plastic extrusion machines, such as the growing piping industries and manufacturing sector in emerging and developed regions, increasing awareness about the benefits of plastic extrusion machine, growing consumer consciousness about environment-friendly equipment and other comforts. Manufacturers have strong opportunity to introduce innovative plastic products which are being manufactured to meet transitioning consumer demand for fuel effective & high-performance lightweight vehicles.

Automotive, oil & gas and construction industries are expected to fuel the demand for plastic extrusion machines during the forecast period. This trend in the plastic extrusion machine market is estimated to increase owing to the growing automotive industries, rising population across the world and growing spending on infrastructure. Currently, major manufacturers in the plastic extrusion machine market which have extensive presence globally dominate the market with their extensive distribution network along with their innovative product portfolio, which is a key driving factor for the growth of the global plastic extrusion machine market.

Also, growing consumer preference towards less carbon emission control vehicles has encouraged manufacturers to achieve minimum fuel efficiency and to continue this, manufacturers have tied up with OEMs to develop specific products for automobiles which are light in weight. Lack of awareness about the advantages of plastic extrusion machine systems may act as a restraint for the global Plastic Extrusion Machine system market.

Regional Outlook: Plastic Extrusion Machine Global Market

Rising automotive sector in APAC and Europe is expected to grow with healthy CAGR over the forecast period. European countries, such as Germany and Russia, are expected to gain traction during the forecast period. Stringent emission regulations are increasing the demand for plastic products in interior materials in all the vehicle types across the globe.

People in Europe, North America and the Middle East live a luxurious lifestyle. This coupled with higher standard of living and high disposable incomes has led to a growth in the application of plastic products in all end use industries, such as automotive and footwear, which is in turn estimated to propel the demand for global Plastic extrusion machines. People have developed a liking towards comfortable and smooth plastic products and thus, the market is expected see rapid growth in all developed and developing countries in the future.

Developing markets in the APEJ region, especially China and India, are estimated to play a significant role in the growth of the Plastic extrusion machines in coming future. In countries, such as India and China, manufacturing industries are growing at a good pace and hence, there is humungous growth potential for plastic extrusion machines in the near future.

Key Market players: Plastic Extrusion Machine Global Market

Some of the key players in the polyurethanes additives market are:

Apex Engineers

Reifenhauserindia

Shyam Plastic Machinery

KraussMaffei Berstorff

Extrusion Technik USA, Inc.

TROESTER GmbH & Co. KG

Well Shyang Machinery (WSM)

W. Brabender Instruments Inc.

MITSUBA MFG. CO., LTD.

DEGUMA-SCHÜTZ GmbH

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Key Segments of the Plastic Extrusion Machine Market

By Machine Type:

Single-screw

Twin-screw

By Process Type:

Blown Film Extrusion

Sheet/Film Extrusion

Tubing Extrusion

Others

By Material:

PVC

Polypropylene (PP)

Polyethylene (PE)

Others

By Component:

ScrewDrivers

Heaters

Dies

Others

By Application:

Building and Construction

Medical

Transportation

Consumer Goods

Others

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East and Africa