Advanced Materials Industry Insight: August 2019

Monday, 26 August 2019

What is Pressure Sensitive Tape and its Market?

26-Aug-2019: The global pressure sensitive tapes market size is poised to reach USD 75.91 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.1% during the forecast period. Increasing application scope in the medical and automotive industries is projected to augment the market over the forecast period.

The market is driven by the packaging industry on account of their high-volume usage in cardboard and container sealing. In addition, ease of application of packaging tapes, as compared to substitute products such as adhesives and sealants, is anticipated to further boost the demand in packaging application in end-use industries.

Technological advancements in the industry are focused towards the production of premium quality products with superior performance. Development of customized product designed for use in specialized applications along with rising in use of silicone-based adhesives are estimated to emerge as a way forward for tape manufacturers across the globe.

Fluctuations in raw material prices result in notable changes in procurement cost for manufacturers, thereby negatively influencing the growth of the market. Volatility in prices of raw materials is a result of changes in crude oil prices. Moreover, sanctions imposed on import of crude oil are also expected to limit the market from realizing its utmost potential.

In depth research report on Pressure Sensitive Tapes Market

https://www.grandviewresearch.com/industry-analysis/pressure-sensitive-tapes-market

Further key findings from the report suggest:

· Packaging tapes represented over 63.0% of the overall volume in 2017 on account of their increasing use in sealing, enclosing, bundling, and wrapping applications of containers, cardboard boxes, and bottles

· Specialty pressure-sensitive tapes are likely to register a CAGR of 4.3% in terms of revenue from 2018 to 2025 owing to their spiraling demand in the medical industry for sustainable and easy to use wound care solutions

· Woven & non-woven backing materials commanded over 18.0% of specialty tapes volume share in 2017, owing to their properties such as stretchability, bacterial barrier, and absorbency, which facilitate their use in medical and wound care applications

· Acrylic is the most widely used adhesive chemistry for manufacturing of specialty pressure-sensitive products. It is poised to post a CAGR of 4.5% in terms of revenue during the forecast period as it offers better tacking properties and high UV, plasticizer, and solvent resistance

· The Asia Pacific pressure-sensitive tapes market accounted for 35.6% of the overall revenue in 2017, on account of a booming manufacturing sector and presence of major manufacturers in the electronics, automotive, and medical industries in the region

· Presence of a large number of players and the introduction of advanced products for specialized applications coupled with price discrimination by manufacturers in China are bolstering the competitive rivalry in the market.

Grand View Research has segmented the global pressure sensitive tapes market on the basis of product (backing material, adhesive chemistry), technology, and region:

Pressure Sensitive Tapes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Specialty tapes

· Automotive

· Aerospace

· White goods

· Electronics

· Semiconductors

· Electrical

· Paper & printing

· Construction

· Medical

· Hygiene

· Retail & graphics

· Others (Sports, defense, etc.)

· Packaging tapes

· Consumer tapes

Pressure Sensitive Tapes Technology Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Specialty tapes

· Hot melt

· Water based

· Solvent based

· Radiation cured

· Other tapes

· Hot melt

· Water based

· Solvent based

· Radiation cured

Pressure Sensitive Tapes Backing Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Specialty tapes

· Woven/Nonwoven

· Polyvinylchloride (PVC)

· Polypropylene (PP)

· Polyethylene Terephthalate (PET)

· Foam

· Metal

· Others

Pressure Sensitive Tapes Adhesive Chemistry Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Specialty tapes

· Acrylic

· Rubber

· Silicone

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

About Grand View Research

Grand View Research, Inc. in 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/

Monday, 19 August 2019

What Is Metal Stamping?

19-Aug-2019: The global metal stamping market size is expected to reach USD 299.63 billion by 2025 registering a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Growing demand from the automotive and electronics sectors is projected to augment market development. Increasing global trade and rising competition are major drivers for the automotive industry. Asia is one of the major producers and consumers of automobiles. For instance, the Indian auto components sector reached around USD 51.2 billion in 2017. This sector accounts for 2.3 percent of country’s GDP. These factors are projected to drive the market.

Moreover, major companies, such as Honda, Toyota, General Motors, Daimler Chrysler, and Volkswagen, have started moving their production bases in developing countries like India, which is projected to drive the market in the region. Hot stamping products have numerous growth opportunities. These products are thin and very strong and can be used to improve safety and strength while reducing the weight of the vehicles. Rising demand for metal stamping products in the electronics industry is also expected to drive the market in near future.

Semiconductors used in mobile devices can be manufactured with different combinations of resins and fibers by using embossing and other techniques, which is projected to propel the market growth. However, rise in use of polymer products is projected to critically impact the market during forecast period. Auto-makers prefer polymers over metals as it helps reduce the weight of vehicles, thereby improving the overall efficiency. Technological advancements in this sector have enabled replacement of steel with high-performance polymers, such as thermoplastics, in different applications.

In depth research report on Metal Stamping Market

https://www.grandviewresearch.com/industry-analysis/metal-stamping-market

Further key findings from the study suggest:

· In terms of revenue, blanking segment is anticipated to register the highest CAGR of 4.6% over the forecast years

· Automotive application led the global metal stamping market in 2018 accounting for a market share of 36.4%

· Asia Pacific is anticipated to be the largest and fastest-growing regional market during the forecast period

· In terms of revenue, CSA is projected to be the second fastest-growing regional market

· Growing automotive sector coupled with increasing electronics demand in CSA is likely to drive the regional market

· Some of the key companies in the market are Acro Metal Stamping; Lindy Manufacturing Co.; Alcoa, Inc.; Manor Tool & Manufacturing Company; Kenmode Precision Metal Stamping; and D&H Industries

Grand View Research has segmented the global metal stamping market on the basis of process, application, and region:

Metal Stamping Process Outlook (Revenue, USD Billion, 2014 - 2025)

· Blanking

· Embossing

· Bending

· Coining

· Flanging

· Others

Metal Stamping Application Outlook (Revenue, USD Billion, 2014 - 2025)

· Automotive

· Industrial Machinery

· Consumer Electronics

· Aerospace

· Electrical & Electronics

· Telecommunications

· Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/advanced-materials

About Grand View Research

Grand View Research, Inc. is a 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/

Tuesday, 6 August 2019

Electric Scooters Market Hit USD 41.98 billion by 2030: Grand View Research, Inc.

6-Aug-2019: The global electric scooters market size is expected to reach USD 41.98 billion by 2030 registering a CAGR of 8.5% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising consumer awareness about eco-friendly transportation, increasing adoption of electric scooter sharing services, and declining raw material prices are expected to fuel the demand. Growing focus on sustainable transportation infrastructure is also projected to augment the market growth. Manufacturers are adopting various strategies, such as collaborations, mergers, and product launches, to enter the continuously evolving electric scooters industry.

Moreover, continuous product innovations within the industry and vehicle charging infrastructure, such as home charging solutions, are projected to bolster the market revenue over the next 13 years. Growing number of registrations of electric scooters are supporting governments in meeting the standards for the adoption of zero-emission vehicles, thus plummeting the emission gap by 2020. Furthermore, energy-efficiency of these vehicles can be achieved with smart vehicle charging infrastructure, which is further lessened by progressing technologies, such as solar power and vehicle-to-grid technologies. Asia Pacific is anticipated to lead the market over the forecast period due to factors, such as collaboration of charging equipment manufacturers with researchers and automakers.

For instance, in 2016, Honda Motor Company and Yamaha Motor Corporation allied to manufacture electric scooters in Japan. Similar factors are responsible for the dominance of China in the Asia Pacific market. North America is anticipated to witness the highest CAGR over the forecast period. U.S. is expected to emerge as the leading economy, in terms of demand for electric scooters, due to new product developments. Moreover, various large-scale manufacturers, such as Mahindra GenZe, are entering the U.S. market. The regional market is, however, observing some challenges owing to new traffic laws being outlined by regulatory bodies to ensure public safety.

In depth research report on Electric Scooters Market

https://www.grandviewresearch.com/industry-analysis/electric-scooters-market

Further key findings from the study suggest:

· Retro scooters is anticipated to be the dominant segment over the forecast years owing to significant demand for electric scooters fitted with docks

· Based on battery, the sealed lead acid segment accounted for the largest share of 64.7% of the global electric scooters market in 2018

· However, stringent laws and regulations to reduce the amount of lead released into the environment are compelling manufacturers to incorporate NiMH and Li-Ion batteries into the scooters

· Asia Pacific is expected to be the largest regional market reaching USD 26.25 billion by 2030 on account of heavy investments in the vehicle charging infrastructure

· Some of the prominent industry participants include Gogoro, Inc.; Terra Motors Corporation; Mahindra GenZe; Vmoto Limited; Xinri Electric Vehicle Co. Ltd.; and BMW Motorrad International

Grand View Research has segmented the global electric scooters market on the basis of product, battery, voltage, and region:

Electric Scooters Product Type (Revenue, USD Million, 2015 - 2030)

· Retro

· Standing/Self-Balancing

· Folding

Electric Scooters Battery Type (Revenue, USD Million, 2015 - 2030)

· Sealed Lead Acid

· NiMH

· Li-Ion

Electric Scooters Voltage Type (Revenue, USD Million, 2015 - 2030)

· 24V

· 36V

· 48V

· Greater than 48V

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/automotive-and-transportation

About Grand View Research

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

Ceiling tiles are Utilized for Providing Better Acoustic Insulation to Interior Constructions.

6-Aug-2019: The global ceiling tiles market size is expected to reach USD 9.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.3% during the forecast period. The positive growth trends in the commercial construction sector across the globe are expected to play a vital role in creating ample scope for the consumption of building materials thereby driving the market growth.

Ceiling tiles are utilized primarily for providing better acoustic insulation to interior constructions. The raw materials such as mineral wool, metal, and gypsum have significant noise reduction coefficient and they are light in weight and environment-friendly; which makes them favorable for use in ceiling systems. This factor is projected to drive the product demand in the forthcoming years.

The market participants supply ceiling tiles through different distribution channels including direct supply, wholesale or bulk selling, third-party supply contracts, and through online portals. The major players are expected to be benefited from third-party agreements, by obtaining access to the regional distribution and marketing networks.

Rising demand for decorative interiors and exterior in the construction sector has urged the use of advanced designing and printing technologies in the building materials market. Innovation in an enhancement of aesthetics of non-residential buildings is expected to create new avenues for research and development in terms of providing improved visual effects and finishing of ceilings.

Environmental concerns regarding waste generation are expected to create the need for inventions in recycling and reuse technologies in the ceiling tiles market. Recycling of waste mineral tiles has boosted sustainable development in the industry and has minimized the dumping of ceiling tiles in landfills primarily in developed economies of North America and Europe.

In depth research report on Ceiling Tiles Market

https://www.grandviewresearch.com/industry-analysis/ceiling-tiles-market

Further key findings from the report suggest:

· Mineral wool ceiling tiles include wet felt, cast mineral fiber as well as fiberglass and accounted for 42.2% of the market share in terms of revenue in 2018 on account of superior performance and recyclability of the product

· Metal-based segment is expected to register a CAGR of 9.4% from 2019 to 2025 and is expected to be the second fastest growing segment on account of extensive product portfolio manufactured using steel, aluminum, and tin offering high durability products

· Non-residential application segment accounted for 92.1% of the revenue share in 2018 as these products are majorly used in offices, retail stores, institutes, healthcare, and hospitality sector to improve aesthetics as well as to offer acoustic insulation

· The product demand primarily from offices is expected to register the highest CAGR 9.7% from non-residential application segment on account of increasing construction of new office spaces across the globe

· North America accounted for 33.9% of revenue share in 2018 on account of high adoption of the tiles to improve aesthetics and thermal and acoustic insulation in non-residential buildings primarily offices, institutes, and commercial spaces

· The ceiling tiles market is highly fragmented in nature with the presence of global and regional players. The major players implement various strategies such as acquisitions of business assets of raw material providers, product upgrades, and accessing global distribution network.

Grand View Research has segmented the global ceiling tiles market on the basis of product, application, and region:

Ceiling Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Mineral Wool

· Metal

· Gypsum

· Others

Ceiling Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

· Non-Residential

· Residential

· Industrial

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

About Grand View Research

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