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Showing posts from May, 2021

High-Temperature Honeycomb Sandwich Materials Market - Global Forecast 2020 - 2025

High-Temperature Honeycomb Sandwich Materials Market is forecast to reach $561.59 million by 2025, after growing at a CAGR of 10.3% during 2020-2025. A honeycomb sandwich is a structure made of three layers in which a low-density core is inserted between two relatively thin layers, giving it superior mechanical properties with minimal weight. The global demand for high-temperature honeycomb sandwich materials has gained traction owing to its superior mechanical performance and lightweight nature. Resin transfer molding has shown the potential to reduce the production costs of high-temperature honeycomb sandwich parts. Resin transfer molding sandwich honeycomb parts were produced by controlling resin flow during infusion with scrims of different weight. Key Takeaways North America is the leading consumer of high-temperature honeycomb sandwich and is projected to continue this position throughout the forecast period. The increase in production of various aircraft and growth in the space

Silicone Adhesives Market - Forecast(2021 - 2026)

Silicone Adhesives Market Overview:   The global Silicone Adhesives Market is estimated to surpass $4 billion by 2028 growing at an estimated rate of more than 5% during 2018 to 2028 majorly driven by the efforts put to develop low-cost advanced silicone technologies coupled with the awareness of these adhesives, thereby boosting growth. Further, the growing emphasis on medical adhesives in wound treatment is also set to propel the market growth in the future. What are Silicone Adhesives? An adhesive is a material used for holding two surfaces together. Adhesives should lubricate as well as cause adhesion between surfaces by developing bonds after application and remain stable without reacting to the substrates or emissions. The raw materials for adhesives are mainly polymeric materials which are both naturally occurring and synthetic. Silicones have special properties as compared to other adhesives based on organic polymers because silicones have a different chemical backbone. They

Broadband Power Line Communication (PLC) Chipsets Market - Forecast(2021 - 2026)

Broadband Power Line Communication (PLC) Chipsets Market Overview:   The global broadband PLC chipset market is estimated to cross $3.60 billion by 2023 growing at CAGR 16.6% during the forecast period 2018-2023. The development of smart cities coupled with rising investments in smart grid technology is estimated to drive the overall Broadband PLC Market. New product developments by key players such as, Vango Technologies, MegaChips Corporation, Maxim Integrated and many more are resulting for the growth of the market throughout the forecast period. What is Broadband PLC? Broadband PLC technology transmit high speed internet through the accessible electrical paths and it enables the data transmission between 500 kilo-bits per second (kbps) to 3 mega-bits per second (Mbps) which is certainly equivalent and faster to most data transmission technologies. The prevalence of smartphones and high-speed broadband has remarkable impact on the adoption of smart homes across the globe. Therefo

Expanded Polypropylene (EPP) Foam Market - Forecast(2021 - 2026)

Expanded Polypropylene (EPP) Foam Market Overview: Expanded Polypropylene (EPP) is a highly versatile closed-cell bead foam. EPP is widely utilized in various industries such as automotive, aviation, Chemical, Packing, HVAC , manufacturers etc. Because of its performance benefits for energy management, lightweight, enhanced functionality, durability and recyclability and the demand for the importance of maintaining energy efficiency and reducing fuel wastage in domestic heating systems are impacting for the growth of EPP market in upcoming years. What is Expanded Polypropylene Foam (EPP) Market? Expanded Polypropylene (EPP) is a highly versatile closed-cell bead foam that has excellent energy absorption and high strength properties. It widely used because of their lower cost per volume unit, low thermal conductivity, high specific strength, excellent heat and sound insulation performance, great energy absorption property. It also offers high resistance to chemicals and moisture. It is

Home Security Systems & Solutions Market - Forecast(2021 - 2026)

Home Security Systems & Solutions Market Overview: According to a statistical report by the Federal Bureau of Investigation (FBI), after two consecutive years of increases, the estimated number of crimes had dropped by 3.6% with 2,362.2 offenses per 100,000 residents in 2017 as compared to 2016[1]. This gradual decline in property crimes over the years is largely attributed to the advanced surveillance techniques used in the real estate sector because of which the home security systems & solutions market is booming. The market expert of IndustryARC has valued the home security systems & solutions market at around $50 billion as of 2018 with an estimated CAGR to be an impressive 8% to 10% during the forecast period of 2019 to 2025. Owing to the massive growth in the Internet of Things (IoT) possibilities and the fact that North America has been leveraging other advanced technologies to improve the quality of life, home security systems & solutions market is making stri

Process Oil Market - Forecast(2021 - 2026)

Process Oil Market Overview: Process oils are the raw stock fluids, typically derived from crude oil or a synthetic material, mixed with additives to create lubricants, greases, thermal oils, hydraulic fluid, and metal working fluids . Process oils are mostly range of paraffinic through primarily naphthenic to aromatic in nature and are accessible in numerous molecular weights which approximately resemble with their viscosities. They are used in an extensive range of industry segments such as plasticizers and extenders, fetching an important part of a formulated ready-made articles and normally used as a support in a production procedure. These process oils are being consumed in various applications ranging from adhesives, sealants and coatings, automobile, agriculture, oil & gas, construction, textiles, household products and others. Major types of process oil used in these applications are aromatic, naphthenic and paraffinic. The report also focuses on different geographic regi

Polypropylene (PP) Resin Market - Forecast(2021 - 2026)

Polypropylene Resin Market Overview: Polypropylene (PP) is an isotactic thermoplastic Resin of the vinyl polymer group. It is a downstream petrochemical product that is derived the Olefin monomer, propylene . It is a hydrocarbon following the formula CnH2n. It is the second most used synthetic polymer globally after polyethylene. China is the largest producer of polypropylene with a market share of 20% as of 2016, followed by the rest of Asia (excluding China) at almost 19%, Europe at 11%, North America at 8.6%, Middle east at almost 8%, south America at 3%, Africa at around 2% and then the rest of the world. Polypropylene Resin Market Outlook: Polypropylene is a widely used product with a variety of applications in major consumables and disposable products. Polypropylene is manufactured from propylene gas in the presence of a catalyst. There are many licensed technologies for the production of Polymer, with the most widely used processes trademarked as UNIPOL PP Technology licensed by

Stevia Rebaudiana Market - Forecast(2021 - 2026)

Stevia Rebaudiana Market Overview: Stevia Rebaudiana are leaves containing sweetening compounds and are also called as sweet leaves and candy leaves. Stevia Rebaudiana is not chemically processed and also have various advantages. These does not contain any carbohydrates and calories, this being the important reason on the increased usage of stevia. The market for Stevia was valued at $476.46 million in 2017 and is estimated to reach by $781.61 million in 2023 with a projected CAGR of 8.6%. China has been the largest producer of stevia followed by the U.S. In terms of consumption, APAC is the largest consumer of stevia followed by the North American region. Stevia Rebaudiana Market Outlook: Stevia Rebaudiana has two sweetening agents namely stevioside and rebaudioside. Rebaudioside is the major ingredient that is responsible for the major sweetness. Rebaudiana is more expensive due to its further processing and filtration. Stevia leaves can be directly added to the beverages or could b

Fire Resistant Cable Market - Forecast 2019 - 2025

Fire Resistant Cable Market Overview: As per the report generated by the National Fire Protection Association, electrical failures were considered to be the second leading cause for fires and it resulted in around 13% of the US homes catching fire due to unattended equipment and wires. Also, 18% of the civilian death with around 20% of property damage are due to electrical failures. [1] These facts surely indicate the growing opportunities for cable manufactures in the fire-resistant cable market. Owing to the increase in demand for fire resistance cable, the market value was $1.82 billion in 2018. Furthermore, on the back of growing consumer inclination towards excellent quality, global fire resistant cable market will grow with a compound annual growth rate (CAGR) of 4.30% during the forecast period of 2019-2025. Though the market inception may have happened in North America, APAC currently is reckoned to be dominating the fire-resistant cable market demand. In a recently released

IoT Testing Market - Forecast(2021 - 2026)

IoT Testing Market Overview:   The IoT Testing Market is estimated to surpass $404.4 million by 2024, and estimate to grow at a CAGR of 15.5% from 2018 to 2024. The IoT testing market is majorly driven by the increasing software development that has led to the rising need for more testing solutions and services. Growing use of smart gadgets and installation of smart meters , homes and others is also set to propel the market growth in the future. Internet of Things has turned out to be one of the biggest software that has developed and brought opportunities in the testing process. And, as it is estimated that in the coming future Internet of Things would be widely used in each and every sector by the generation. Thus, this factor will raise the demand for the IoT testing market in upcoming future. The IoT Testing market is segmented into five major segments given as testing layers, type of testing, type of solutions/services, type of testing tools and by end-user industry. This market