Aerosol Caps to Avoid Leakage

Aerosol caps are extensively used for packaging aerosol products. They offer many advantages such as leakage prevention, resource efficiency, recyclability, and aesthetic value.

Extensive Use of Aerosol technology to Boost Demand

Aerosol caps are extensively used in wide range of products including personal care, household, automotive and industrial, foods, paints, medical, and others. In 2016, automotive and industrial applications estimated for over 23.5% of the total volume share. The caps are used in various products such as cleaner, bug and tar remover, degreaser aerosol sprays, and others.  In addition, increasing demand for lubricating and detailing applications and high demand for spray paints in improving vehicle appearance as well as maintained can increase the demand. Food and paints segment accounted for over USD 75 million due to high demand for aerosol technology.  in the manufacturing cheese cans and spray cans, and other products. Aerosol products are widely used in several food products such as chocolate, whipped cream, mayonnaise, olive oil, and vinegar.

Personal care segment is expected to grow rapidly with rising demand of gender-specific products. Extensive use of aerosol propellants in styling mousses, deodorants, hair sprays can have positive impact on the segment. Household application segment is expected to grow on account of aerosol products such as insecticides, air fresheners, and bathroom cleaner.

Market Overview

According to Grand View Research, Inc., the worldwide aerosol caps market is predicted to value USD 440.5 million by 2025. Rising demand for the product in application and packaging industries can make a positive outlook for the market during the forecast period (2014 to 2025). In addition, technological advancements in plastics and development of new polymer can have positive impact on the market.

However, replacement by new technologies in the aerosol industry as well as rising concerns regarding human health and environment can hamper the market growth for an extent.

Key players working in the market include Lindal Group Holding GmbH; Cobra Plastics, Inc.; Rackow Polymers Corporation and Plasticap.

In-Depth Research Report On Aerosol Caps Market:

https://www.grandviewresearch.com/industry-analysis/aerosol-caps-market

Advanced Fiberglass Pipes to Leverage Industrialization

Growing demand for advanced pipes with high-end properties such as high stiffness and high corrosion resistance is likely to drive the global fiberglass pipe market. Fiberglass pipes are specifically made from composite materials having multiple properties such as resins and fiberglass. Multiple useful properties being offered by fiberglass pipes are likely to increase its demand in various end-use industries such as chemicals, irrigation, sewage, and oil & gas.

New Water Pipes to Alleviate Maintenance

Major product variants of fiberglass pipes are GRE pipes and GRP pipes. In 2016, GRE pipes had dominated the product segment. It is due to rising demand for GRE pipes in various onshore and offshore oil & gas production. Manufacturers of fiberglass pipes are working day and night to create better products. For instance, an Ohio based company named Advanced Drainage Systems, Inc; has recently introduced its new water pipe technology called HPXR 75.

The technology is believed to provide a high level of stiffness and size range in water pipes. It is also expected to reduce the price of water pipes in comparison to other alternatives. The design of this new pipe is based on corrugated polypropylene and oriented fiberglass reinforcement as outer wall. The product is likely to be available in various sizes such as 30 to 60 inches in short lengths and 13 to 20 foot in long lengths.

Market Insights

According to a recent report by Grand View Research, Inc.; the global fiberglass pipe market is anticipated to propel and reach USD 6.19 billion by 2025. Growing demand for high corrosion resistance, high stiffness, fire resistance, and lightweight material are a few major factors driving the market. In addition, increasing demand from various end-use industries such as chemicals, oil & gas, and irrigation can further augment the expansion. Moreover, rising adoption of advanced pipes against conventional pipes is expected to propel the market over the forecast period (2017-2025).

Some of the major players operating in the market for fiberglass pipes include PPG Fiberglass Industries; HOBAS International GmbH; National Oilwell Varco, Inc.; Graphite India Limited; and Fibrex Corporation.

In-Depth Research Report On Fiberglass Pipe Market:

https://www.grandviewresearch.com/industry-analysis/fiberglass-pipe-market

Cross Laminated Timber: The Next Big Thing in Low-carbon Building Material

Cross Laminated Timber (CLT) is an engineered building material made from softwood timber consisting of at least three bonded single-layer wood panels placed at right angles to each other. It offers properties that make it an ideal and more eco-friendly substitute to concrete, steel, and masonry in many constructions. This lightweight and high in strength material is easy to install and can save overall time and cost required for installation. Significant CLT properties include:

·       Sustainability

·       Design flexibility

·       Structural capability

·       Dimensional stability

The driving force behind the rapid development of cross laminated timber is the growing concerns related to sustainability along with increased awareness about the benefits of wood as a construction material. Adhesively bonded and mechanically fastened CLT are the two major types of products.

 Mechanically Fastened CLT to Emerge as the Fastest-growing Product

Adhesively bonded products are expected to witness a steady demand on account of their seismic performance and higher strength. However, CO2 emission issues and other environmental concerns about the use of adhesives may hinder its demand over the coming years.

Mechanically fastened CLT is projected to come up as the fastest-growing product type as a result of its effective recycling. Increasing demand from various developed regions across the globe along with higher consumer preference for eco-friendly products can push the demand for this CLT type.

Market Overview

According to a report by Grand View Research, Inc.; the cross laminated timber market is expected to reach at USD 2.07 billion growing at a CAGR of 15.7% over the estimated period (2017 to 2025). This growth is credited to the growing popularity of CLT due to its eco-friendly properties. Leading players in the market are Mayr-Melnhof Holz Holding AG; Stora Enso Oyj; XLam NZ Ltd.; Sterling Lumber Company, Inc.; and SmartLam, LLC. Product development and M&A activities are the key market strategies followed by these players.

SmartLam, LLC has been announced as the first US CLT manufacturer to get the Sustainable Forestry Initiative Inc. (SFI) 2015–2019 Chain-of-Custody Certification. This certification helps manufacturers address the rising demand from various entities for reliably sourced forest products. The company hopes that with the new certification, they can offer supply chain assurance to their growing customer base.

In-Depth Research Report On Cross Laminated Timber Market:

https://www.grandviewresearch.com/industry-analysis/cross-laminated-timber-market

Flat Steel - Vital Component in Green Building Materials

Steel is a major component used in tools or machines due to its low cost and high resistance. Flat steel products include cold and hot rolled coils, heavy plate, tinplate, and coated steel products. They are derived using tool steel, alloy steel, carbon steel, and stainless steel. Hot rolled sheets find use in agricultural equipment and machinery, building and infrastructure, and automobiles. These sheets are malleable and are used to form parts in customized shapes. On the other hand, cold rolled sheets are used in instruments that require precision.

Mechanical Equipment to Showcase Impressive Growth till 2025

Major applications of flat steel include appliances, automotive, building and infrastructure, heavy machinery, mechanical equipment, pipes and tubes, and packaging. Recognizing the need for mechanical equipment in various sectors, ArcelorMittal has introduced two new types of steels to lower costs of such equipment. The mechanical equipment segment is anticipated to exhibit the fastest CAGR from 2017 to 2025.

The building and infrastructure industry is projected high growth due to demand from the public sector. Development of the public sector and investment in various infrastructural projects by various governments is expected to create demand for flat steel products. Rise in natural disasters such as the 2017 tropical cyclone Hurricane Harvey may boost the demand for steel due to its applications in house reconstruction and renovation projects. United States Steel Corporation, one of the prominent manufacturers following the Leadership in Energy and Environmental Design (LEED) program uses recycled flat steel in its products to promote green buildings.

Market Outlook

According to a report by Grand View Research, Inc.; the global flat steel market is anticipated to exceed USD 1,000 billion by 2025,. It is projected to expand at a high CAGR from 2014 to 2025 (forecast period) due to the growing global population and rising infrastructural projects.

Innovations in steel manufacturing processes and rise in manufacturing capacity of steel plants are anticipated to provide new avenues for growth. High demand for flat steel by automotive and construction sectors are expected to spur market growth. However, fluctuating raw material prices may pose a challenge to the market. Prominent market players include ArcelorMittal, Voestalpine AG, Tata Steel Limited, and United States Steel Corporation.

In-Depth Research Report On Flat Steel Market:

https://www.grandviewresearch.com/industry-analysis/flat-steel-market

Excellent Impact Strength and Shelf Life of Thermoplastics to Attract High Performance Composite Manufacturers

Composites are non-magnetic, non-conductive, and radar transparent in nature. Their properties are completely different from fibers and resins. They exhibit excellent mechanical properties, along with high corrosion resistance, superior design flexibility, low thermal conductivity, improved dimensional stability, high durability, and high impact strength.

Thermosets to Represent Large Share through 2025

Composites are a combination of fibers and resins. Demand for resins is higher among composite manufacturers. Thermosets and thermoplastics are two types of resins. Thermosets are most widely used for the manufacturing of high performance composites. Some of the commonly used thermosetting resins are polyester, epoxy, phenolic, and vinyl ester. These resins are used to hold the structural fiber in place, firmly.

On the other hand, demand for thermoplastic resinsis expected to witness a sharp rise through 2025. Absence of crosslinking bonds in thermoplastics offer the flexibility of remelting and reforming, which will contribute to their demand. Besides this, these resins offer smooth surface finish, high impact strength, and long shelf life. They are easy to mold and recycle, which is increasing their preference across various industries. As a result, composite manufacturers are allocating significant budgets to research and development activities related to thermoplastics. For instance, in November 2017, Victrex invested about USD 13 million in a polymer innovation center to boost its ongoing R&D activities for VICTREX PEEK polymer and other materials within the PAEK family of high-performance thermoplastic resins.

Market Insights

As per the findings of Grand View Research, Inc.; the global high performance composites market is projected to rise to a valuation of USD 81.63 billion by the end of 2025. The aerospace and defense sectors are among the key end users of high performance composites. Therefore, rapid expansion in these sectors is likely to provide a fillip to the market. Increasing utilization of these composites as an alternative to traditional materials such as aluminum and steel in the automotive industry can stoke the growth of the market.

Asia Pacific is expected to dominate throughout the forecast period (2014 to 2025). Flourishing end-use industries, including electronics and automotive, is anticipated to contribute to the growth of the region. Some of the prominent companies operating in the market are BASF, Arkema, Solvay, DuPont, and Owen Corning Corporation.

In-Depth Research Report On High Performance Composites Market:

https://www.grandviewresearch.com/industry-analysis/global-high-performance-composites-market

Industrial Insulation Manufacturers to Focus on Acquisitions to Consolidate Position

Insulation materials are required to carry out functions such as process control, energy conservation, noise reduction, freeze protection, condensation control, and pollution reduction. Adequate insulation helps in keeping the efficiency of industrial equipment and construction intact, reducing the need for heating systems and thereby, cutting down operational costs. Insulation materials are easily available in various forms such as flexible blankets and sheets, foams, rigid blocks, and boards, which is anticipated to create a wider acceptance of these materials in several industrial verticals.

Petrochemical and Refineries to Remain Leading Consumers

Some of the key applications of industrial insulation materials are petrochemical and refineries, power generation, liquefied natural gas/liquefied petroleum gas (LNG/LPG), and EIP industries. Petrochemicals and refineries may continue to be the leading as well as fastest growing segment through 2025. The three primary hurdles encountered by the petrochemical sector—risks associated with accidental leaks and spills, corrosion of materials, and loss of heat in thermal transmission— are mandating the use of insulating technologies. Insulations offer benefits such as heat gain/loss reduction, energy conservation, operational efficiency, maintaining a uniform temperature, and condensation prevention.

Power generation is also a prominent application segment of industrial insulation. Insulation plays a positive role in thermal power generation by facilitating heat-loss reduction, personnel and equipment safety, and energy conservation along with other economic benefits. Increasing adoption of expansion strategies such as mergers and acquisitions by industrial insulation manufacturers may trigger the growth of the segment. For instance, in November 2017, Axios Industrial Group LLC, a company that provides industrial services such as insulation, scaffolding, and fireproofing to the energy sector, acquired Sky Industrial Services, a scaffolding and insulation company.

Market Insights

According to a study by Grand View Research, Inc.; the global industrial insulation market is projected to reach a valuation of USD 19.45 billion by 2025. Government initiatives focusing on energy efficiency and sustainable development play a vital role in promoting the adoption of insulation technologies, thereby escalating the growth of the market. Moreover, rising awareness regarding potential benefits of industrial insulation materials such as enhanced process security, reduced environmental impact, and protection of personnel at the operating end can supplement market growth.

North America will command a substantial share in the market throughout the forecast period (2014 to 2025). Rising application of industrial insulation products in fabricated board and piping and tubing is expected to contribute to the growth of the regional market. Some of the key players in the market are URSA Insulation S.A.,KnaufGips KG, TechnoNICOL Corporation, Rockwool Technical Insulation, and Paroc.

In-Depth Research Report On Industrial Insulation Market:

https://www.grandviewresearch.com/industry-analysis/industrial-insulation-market

Prestressed Concrete (PC) Wires and Strands to Support Infrastructural Development in Emerging Economies

Prestressed concrete (PC) wires and strands have the ability to balance tensile stresses caused by bending loads. They exhibit excellent corrosion resistance, low relaxation, and consistent mechanical properties. Some of the common types of PC wires and strands are epoxy coated, uncoated, and galvanized.

Bridges to Remain Dominant Application Segment until 2025

Prestressed concrete wires and strands are primarily used in the construction of bridges and buildings. Apart from these, they are also used in the construction of roads, tunnels, stadiums, and railway sleepers. Bridges are anticipated to be the leading application segment of the product through 2025. Governments of emerging economies such as Malaysia, South Africa, and India are allocating significant budgets for construction of bridges in order to connect remote areas of their countries to urban areas. In addition, increasing investments in infrastructure development can contribute to the growth of the segment. Rising traffic congestion owing to rapid urbanization and growing population is also expected to supplement the growth of the segment.

Demand for PC wires and strands in the construction of buildings is poised to witness a spike over coming years. Growing popularity of high-rise construction along with flourishing real estate sector, especially in developing nations, can create a staggering volume of demand for the product. Besides this, increasing urbanization in developing countries can drive the growth of the segment.

Market Insights

According to a report by Grand View Research, Inc.; the global prestressed concrete (PC) wire and strand market is projected to expand at a CAGR 2.5% between 2017 and 2025. It is imperative for market players to meet all safety regulations and standards to ensure quality and safety of products. For instance, strands manufactured by Tata Steel Global Wires meet national and international standards such as BE 5896-2012, IS14268, AS/NZS 4672, ASTM A416/416M, and EN-10138-3. Therefore, increasing attempts by manufacturers to adhere to safety standards can work in favor of the market.

Asia Pacific will be the most prominent destination for key players in the market throughout the forecast horizon (2014–2025). Rapid expansion of the construction sector is likely to stimulate market growth in the region. Some of the prominent companies operating in the global arena are Henan Hengxing Science&Technology Co., Ltd, ArcelorMittal, Usha Martin, Insteel, and Sumiden Wire.

In-Depth Research Report On Fire Prestressed Concrete (PC) Wire and Strand Market:

https://www.grandviewresearch.com/industry-analysis/prestressed-concrete-pc-wire-strand-market