Thursday, 19 March 2020

3D Printing Ceramics Market Accelerating at a CAGR of 34%, 2019-2025: Grand View Research, Inc.

19-Mar-2020: The global 3D printing ceramics market size is expected to reach USD 159.5 million by 2025, accelerating at a CAGR of 34% over the forecast period, according to a new report by Grand View Research, Inc. Advancements in printing technology and increased investments are among drivers triggering the market growth.

3D Printing Ceramics Market

Metal and plastic 3D printing companies have started focusing on products made of ceramics in the recent years. The market is projected to grow at a rapid pace over the forecast period. Growing need for strong, tough, and temperature resistant components and parts in different end-use industries is the key driver triggering the growth of 3D printing ceramics industry.

Different printers that use materials such as porcelain, ceramics, alumina, and clay using various technologies are available in the market. Liquid deposition modeling (LDP) technology is anticipated to create opportunities in the design and architecture fields. Digital light processing (DLP) and stereolithography (SLA) technologies can be used to produce precise and complex parts for implants application in the medical field.

3D printing ceramics industry is still in the growing phase and faces some challenges. Lack of trained professionals & engineers and education programs for engineers related to the field of 3D printing are among major challenges in the sector. However, the adoption of 3D printing by major manufacturers, providers, and end users of products made of ceramics is projected to promote the technology.

Multinational companies and numerous startups are focusing on reduced execution time and enhanced operational efficiency in different end-user industries. Japan-based Canon Inc. developed a new 3D printing technology for ceramics in 2018. The technology can be used in various applications that require corrosion & heat resistance and insulation properties. The company also developed new ceramic materials to produce highly accurate parts.

Aerospace and medical industries are the key contributors to the growth of the market. As per a report by Airbus, the expanding middle-class population is projected to boost the number of flyers around the world, which, in turn, is anticipated to trigger the production of commercial aircraft and indirectly contribute to the demand for finished components or parts. Moreover, growing adult population and rising healthcare investments are likely to promote the use of 3D printed finished products made of ceramics. Growth of medical and aerospace industries in North America is among key factors influencing the demand for 3D printing. Government funding for healthcare sector in Asia Pacific is projected to assist the market growth. The region is projected to witness the highest CAGR over the forecast period.

In depth research report on 3D Printing Ceramics Market

Further key findings from the report suggest:

·       In terms of revenue, aerospace end-use segment is anticipated to reach USD 26.1 million by 2025 owing to increasing number of flyers globally

·       In terms of volume, medical end-use segment is projected to ascend at a CAGR of 35.4% over the forecast period owing to increasing adult population and growing healthcare investments, which is one of the key factors likely to trigger the demand for 3D printing of ceramics

·       Industrial machinery segment accounted for 8.7% volume share in the 3D printing ceramics market in 2018 owing to industrial output supported by increased demand for machinery

·       North America accounted for the highest volume share of 45.2% in 2018

·       Tethon3D, 3D CERAM, Lithoz, Steinbach AG, PRODWAYS, and Desamanera S.r.l. are some of the key players in the market.

Grand View Research has segmented the global 3D printing ceramics market on the basis of end-use and region:

3D Printing Ceramics End-use Outlook (Volume, Kilograms; Revenue, USD Million, 2014 - 2025)

·       Aerospace

·       Medical

·       Industrial Machinery

·       Others

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 About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Thursday, 16 January 2020

Nonwoven Disposable Gloves Market will grow USD 975 million by 2025: Grand View Research, Inc.

17-Jan-2020: The global nonwoven disposable gloves market size is expected to reach USD 975 million by 2025, accelerating at a CAGR of 4.7% over the forecast period, as per a new report by Grand View Research Inc. Increasing medical spending in developing economies such as India with high demand for advanced healthcare services is anticipated to drive the expenditure in healthcare industry. Rising awareness among consumers regarding hospital-acquired infections has resulted in growing demand for nonwoven disposables.

Nonwoven Disposable Gloves Market

Healthcare industry in Germany, the U.K., and Sweden is expected to register a rise in healthcare expenditure, thereby leading to growth in the production as well as in the consumption of medical devices and medical products. Europe is a major importer of medical products and manufactures premium quality, environment-friendly, and efficient nonwoven disposable products owing to their high demand in the region. In addition, increasing demand for advanced medical services and related products is expected to drive the demand for nonwoven gloves in Europe.

Companies are focusing on the use of advanced technologies as well as advancements in existing technologies to manufacture optimum quality gloves for use in medical applications. Furthermore, the use of automation to manufacture standardized products of high quality is a major focus area of the companies to gain a competitive edge over other players. Asian manufacturers lead the overall market as they can offer premium quality products at lower prices. Manufacturers in North American and European regions are focusing on widening their product portfolios to sustain fierce competition in the market and strengthen their position.

In depth research report on Nonwoven Disposable Gloves Market

Further key findings from the report suggest:

·       Wetlaid technology segment is expected to witness the fastest growth rate of 4.9% over the forecast period in comparison to other technologies on account of its properties such as anti-bacterial, liquid repellent, and breathable & soft fabric

·       Non-soaped segment is expected to account for a major share of the market as compared to pre-soaped gloves segment owing to its rising use in healthcare facilities, where the risk of Hospital Acquired Infections (HAIs) is high

·       Asia Pacific for nonwoven disposable gloves market is expected to witness the fastest growth rate of 5.7% owing to the rising healthcare expenditure, increasing demand for advanced healthcare services, and increasing consumer awareness regarding HAI

·       Mexico is expected to emerge as a major growth driver triggering the demand for nonwoven disposable gloves in North America owing to government initiatives, such as the National Infrastructure Plan, which is expected to improve healthcare services in the country

·       Manufacturers are coming up with innovative strategies to lure new customers and distribute nonwoven disposable gloves directly to hospitals, commercial institutions, and consumers to avoid additional costs.

Grand View Research has segmented the global nonwoven disposable gloves market on the basis of technology, product, and region:

Technology Outlook (Revenue, USD Million, 2014 - 2025)

·       Spunlace/Spunbond

·       Wetlaid

·       Airlaid

·       Needle Punched

·       Others

Product Outlook (Revenue, USD Million, 2014 - 2025)

·       Pre-soaped

·       Non-soaped

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About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Wednesday, 27 November 2019

Specialty Printing Consumables Market Hit USD 50.25 Billion by 2025: Grand View Research, Inc.

27-Nov-2019: The global specialty printing consumables market size is expected to reach USD 50.25 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.1% during the forecast period. Growing preference for inkjet printers for large-scale publishing along with changing trends in packaging industry is likely to create robust demand in the market.

Specialty Printing Consumables Market

With upgrading cotemporary fashion trends across regions, the demand for printed fabrics is on the rise. Fashions brands such as H&M and Forever 21 along with ethnic brands such as Chumbak and Global Desi have augmented the demand for varied printed fabrics to manufacture its diverse range of clothing, thus driving growth of the specialty printing consumable market.

Rise in packaging application or industries such as food and beverages and restaurants is a major factor augmenting the growth. Availability of advanced printing technologies such as hybrid printing, nano-scale printing, micro dispensing, and 3D printing used in industries such as printed electronics, packaging, publishing, decorative designing, and automotive have attributed to the market growth. For instance, Hubergroup launched globally compliant folding carton food packaging printing ink in January 2019. Hubergroup reinvented its MGA NATURA series with a single ink that complies with all the Food and Drug Administration (FDA) standards and EC Regulations to flourish in the Europe and North America markets.

Specialty substrate is anticipated to witness the fastest CAGR of 4.5% over the forecast period. These substrates include vinyl, metallic, and fluorescents which could produce high-quality prints. The demand for such substrates is growing sharply as the high-speed; production inkjet market continues to evolve. For instance, the new Canon inkjet printers with Wi-Fi technology use such specialty substrates to produce fine-quality, colored image prints and are projected to witness high-demand in the printing market.

The commercial end user segment is expected to witness growth due to the growing need for large scale printing in sectors such as textiles, healthcare, and media, among others. For instance, with advancement of healthcare sector, more than 20 different implants ranging from cranial implants to hip, knee, and spinal implants approved by the FDA are produced with various 3D printing (additive manufacturing) technologies.

In terms of market penetration, Asia Pacific is anticipated to witness the maximum CAGR of 4.9% over the forecast period owing to the growing fast-food industry in the region. Additionally, with the advent of 3D printing in sectors such as healthcare and construction in U.S., the demand for specialty substrates has increased rapidly. The market is expected to register growth, especially with new developments in construction technologies in this region. For instance, Sunconomy, a U.S. based construction company, have teamed up with Russian 3D printers Apis Cor to make 3D printed homes across U.S. This 3D printing machine consumes eight kilowatts of energy while constructing and as it involves additive manufacturing it produces little-to-no waste. The machine is designed to be portable in that it can be transported in the back of a truck to and from sites.

DIC Corporation; Canon Inc.; Xerox Corporation; HP; Eastman Kodak Co.; Flint Ink Inc.; Nazdar Ink Technologies; L.P.; Lexmark International Inc.; and Fuji Photo Film Company Limited are a few of the key market players.For instance, HP launched its first 3D printers in India namely HP Jet Fusion 540 (monochrome) and 580 (coloured) in January 2019 to expand its reach to different industries in the Indian market.

In depth research report on Specialty Printing Consumables Market

Further key findings from the report suggest:

·       In terms of regional revenue,North America is projected to have a value of USD 15.09 billion by 2025

·       Toner held about 35.64% of the total market share in 2018, and is projected to exhibit a significant increase over the coming seven years

·       APAC is the fastest growing region, dominating the global specialty printing consumables market during the forecast period with a CAGR of 4.9%. This trend is projected to continue over the forthcoming years

·       Rise in the use of printing consumables in small offices and big corporates owing to heavy requirements on everyday basis has led to an increased demand for specialty printing consumables in countries such as U.K., Germany, and India

·       The industry is highly competitive in nature. The major players include DIC Corporation; Canon Inc.; Xerox Corporation; HP; Eastman Kodak Co.; Flint Ink Inc.; Nazdar Ink Technologies; L.P.; Lexmark International Inc.; and Fuji Photo Film Company Limited

Grand View Research has segmented the global specialty printing consumables market on the basis of product, end user, and region:

Specialty Printing Consumables Product Outlook (Revenue, USD Billion, 2015 - 2025)

·       Toner

·       Ink

·       Specialty Substrates

·       Chemicals

Specialty Printing Consumables End User Outlook (Revenue, USD Billion, 2015 - 2025)

·       Corporates

·       Commercial

·       Educational Institutions

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About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Sunday, 17 November 2019

Aluminum Die Casting Market is Projected to Register a CAGR of 10.1% During the Forecast Period

18-Nov-2019: The global aluminum die casting market size is anticipated to reach USD 48.93 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.1% during the forecast period. Increasing demand for lightweight parts in the automotive sector is anticipated to drive the growth.

Aluminum Die Casting Market

Recycled aluminum has widely gained popularity, as the demand for products with low carbon footprint escalates. The momentum towards reducing carbon footprint is already gaining prominence in the market. For instance, in 2016, Jaguar Land Rover launched a project to return used vehicle parts to Novelis after the end of the vehicle’s lifecycle.

Industrial Internet of Things (IIoT) and industry 4.0 are emerging technologies in the aluminum die casting market. Industrial IoT offers benefits across various areas such as efficiency, new business models, new revenue streams and risk management and safety compliance. With integration of electronic devices in casting manufacturing, products can be obtained with improved functionality at an enhanced productivity rate. Also, sensors can be embedded in the castings to detect, measure and evaluate mechanical loads such as deformations, tensile forces and vibrations in casting products.

Over the years to come, digital platforms are likely to play a major role especially for the small or medium level manufacturers. The rising prominence of such platforms has encouraged the vendors to develop highly interactive websites to attract new customers with their product range.

Many countries are making efforts to control the pollution caused by the manufacturing sector. For instance, the Government of China is offering increased incentives to the companies implementing various steps to curb pollution. The scheme shall be applicable for the industries such as metal, cement, glass, coking, and waste to energy. In addition, province of Hebei in China is offering a pace setter scheme for the industries which impose stricter norms to limit pollution than necessary emission standards, consume low levels of coal and water, and implement green supply chain system.

As per the International Aluminum Institute, aluminum die castings for sub-frames and body parts are projected to grow from 1.1 kg per vehicle in 2015 to 6.5 kg per vehicle in 2020. While aluminum castings for steering knuckles are anticipated to increase from 5.4 kg per vehicle in 2015 to 7.4 kg per vehicle in 2020. Thus, the increase of aluminum content in vehicles to remain a key driving factor for the market.

In depth research report on Aluminum Die Casting Market

Further key findings from the report suggest:

·       In terms of revenue, pressure die casting accounted for 58.6% of market share in 2018 on account of increasing vehicle production

·       High pressure die casting is expected to witness a CAGR of 10.3% from 2019 to 2025 due to increased production of automotive components

·       Consumer durables are expected to witness the fastest growth over the forecast period due to increasing disposable income in emerging countries

·       Transportation application accounted for a revenue share of 61.5% in 2018 and is expected to witness considerable growth over the forecast period. Increasing production capacities of automakers is a key growth driver

·       Asia Pacific is expected to witness the fastest growth in automotive production in the forthcoming years

·       Key players in the aluminum die casting market are focused on acquisitions to expand their presence across different regions

Grand View Research has segmented the global aluminum die casting market on the basis of process, application, and region:

Aluminum Die Casting Process Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Pressure Die Casting

·       Low Pressure Die Casting

·       High Pressure Die Casting

·       Others

Aluminum Die Casting End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Transportation

·       General Road Transportation

·       Sports Road Transportation

·       Heavy Vehicles

·       Aerospace & Aviation

·       Industrial

·       Agricultural Equipment

·       Construction Equipment

·       Others

·       Building & Construction

·       Telecommunication

·       Consumer Durables

·       Energy

·       Others

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About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Friday, 15 November 2019

Automotive Aluminum Market is Projected to Register a CAGR of 8.7% by 2025: Grand View Research, Inc.

15-Nov-2019: The global automotive aluminum market size is expected to reach USD 60.58 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.7% during the forecast period. Rising emission standards and concerns regarding environment protection are triggering the growth.

Automotive Aluminum Market

In August 2018, as per the new agreement between U.S, Mexico, and Canada, around 75% parts of cars or trucks must be manufactured in these three countries to qualify for zero tariffs. North American Free Trade Agreement (NAFTA) announced that the cars and trucks need to achieve the 54.5 mpg fuel efficiency by 2025. These government initiatives are focused on facilitating the auto manufacturers to reduce the weight of the car body by 25%.

The major aluminum forms used in the automotive industry are castings, rolled products, extruded products, and stampings. Aluminum coupled with copper, manganese, or silicon is used in the automotive industry to manufacture components with high strength. The benefits such as light weight, high strength, and lower emission are expected to encourage car manufacturers to choose aluminum as a material of choice.

According to OICA, the global automotive production including passenger cars and commercial vehicles was 89.8 million units in 2014 and it reached 97.3 million units in 2017. This shows an increasing demand for vehicles, which in turn is anticipated to fuel the utilization of aluminum in the forthcoming years. Automakers are now using lightweight materials such as aluminum to improve the fuel efficiency of vehicles.

The primary restraint for the industry is rise in the input costs such as energy, wage, and production, to name a few. In addition, changes in the regulatory landscape and growing concern regarding environment have pushed the manufacturers of the sector to opt for new technologies which can provide measures to save energy and enhance production output.

 In depth research report on Automotive Aluminum Market

Further key findings from the report suggest:

·       In terms of revenue, passenger cars segment is anticipated to reach USD 39.76 billion by 2025. The growth is attributed to increasing demand for passenger cars, especially in China and India

·       Light commercial vehicles are projected to expand at the highest CAGR of 11.1% over the forecast period. Increasing production capacities of major automakers is assisting the growth

·       In terms of volume, body structure segment is likely to observe the highest CAGR of 9.3% from 2019 to 2025. Shift towards lightweight materials to improve the efficiency of vehicle is the key driver for the segment

·       Asia Pacific held the largest volume share of 40.2% in 2018. Expansion along with investments in auto sector are driving the growth

·       In terms of revenue, North America is projected to register the highest CAGR of 10.3% from 2019 to 2025 on account of strict emission standards in the region

·       Some of the key players present in the automotive aluminum market are Norsk Hydro ASA, Federal-Mogul Holding Corporation, Dana Holding Corporation, Ryobi Ltd and NEMAK Innovative Lightweighting. These players are looking for capacity expansion and partnerships with different companies to achieve a competitive edge

Grand View Research has segmented the global automotive aluminum market on the basis of end use, application, and region:

Automotive Aluminum End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Passenger Cars

·       Light Commercial Vehicles

·       Heavy Commercial Vehicles

Automotive Aluminum Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Body Structure

·       Power Train

·       Suspension

·       Others

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About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/