Tag Archives: Chemical and Materials

China to Drive Wood-Plastic Composites Market in Asia Pacific Region

Transparency Market Research (www.transparencymarketresearch.com) has released a new report titled “Wood-Plastic Composites (Polyethylene, Polypropylene, Polyvinyl Chloride and Others) Market for Building & Construction, Automotive, Electrical and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” According to the report, the global wood-plastic composites market was valued at USD 2.64 billion in 2012 and is anticipated to reach USD 5.39 billion in 2019, expanding at a CAGR of 10.8% between 2013 and 2019.

Increasing demand for wood-plastic composites in the manufacture of building & construction products is estimated to boost the overall wood-plastic composites market over the next few years. Additionally, rising demand for wood-plastic composites to manufacture several interior components of automobiles is projected to fuel market growth. Wood-plastic composites help in reduction of the overall weight of the vehicle and in turn enhance its fuel efficiency. Furthermore, implementation of stringent environmental regulations restricting the use of 100% plastic or wood is expected to boost the demand for global wood-plastic composites. However, the development of other natural fiber composites such as straw fiber, fruit fiber, leaf fiber and seed fiber is likely to hamper the overall growth of wood-plastic composites market in the near future.

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Polyethylene wood-plastic composites dominated the global wood-plastic composites market in 2012. The major application of polyethylene wood-plastic composites is in building & construction industry. Polyvinyl chloride wood-plastic composite is expected to be the fastest growing product segment of the market during the forecast period owing to its growing application in window and decking applications.

Building & construction was the largest application segment of the wood-plastic composites and accounted for over 70% of the total volume demand in 2012. Exterior building & construction products manufactured using wood-plastic composites offer high resistance to staining, fading and scratching. Additionally, automotives is expected to be the fastest growing application of the market owing to the increasing substitution of conventional materials such as metals by wood-plastic composites.

North America was the largest market for wood-plastic composites in 2012 and the trend is expected to continue into the forecast period. However, Asia Pacific is anticipated to witness the fastest growth in the market over the forecast period. The Asia Pacific wood-plastic composites market is expected to grow at a CAGR of over 10% between 2013 and 2019. China plays a key role in driving Asia Pacific market due to huge production capacities for wood-plastic composites products.

The global wood-plastic composites market is highly fragmented in nature. Major players in the wood-plastic composites market include Trex Company Inc., Fiberon LLC., CPG International, Advanced Environmental Recycling Technologies (AERT) and Fineko. Entry of new players, especially in Asia Pacific, is likely to boost the overall market growth.

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This report segments the global wood-plastic composites market as follows:
Wood-Plastic Composites Market – Product Segment Analysis

– Polyethylene
– Polypropylene
– Polyvinyl chloride
– Others (ABS, polystyrene and polylactide)

Wood-Plastic Composites Market – Application Analysis

– Building & construction
– Automotive
– Electrical
– Others (Toys, trays, musical instruments, shoe soles, etc)

Wood-Plastic Composites Market – Regional Analysis

– North America
– Europe
– Asia-Pacific
– Rest of the World

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Magnetic Materials Market will Reflect Significant Growth Prospects during 2013 to 2019

According to a new report published by Transparency Market Research (www.transparencymarketresearch.com) “Magnetic Materials (Soft Magnetic, Permanent Magnetic and Semi-Hard Magnetic) Market For Automotive, Electronics, Energy Generation and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” the global demand for magnetic materials was valued at USD 48.00 billion in 2012 and is expected to reach USD 87.18 billion in 2019, growing at a CAGR of 8.9% from 2013 to 2019.

Increasing demand for magnetic materials on account of the growing automotive industry is expected to be one of the major factors for the growth of the market. In addition, the growing consumption of soft and hard magnets in wind turbines in energy generation industries due to the rising demand for electricity is also expected to contribute towards the growth of the market. However, the fluctuating prices of rare earth metals, particularly, neodymium and dysprosium, is expected to restrain the growth of the market in the near future. The increasing application scope of magnets in hybrid electric vehicles (HEVs) coupled with growing demand for these vehicles are expected to favor the growth of the market over the next few years.

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Semi-hard magnetic materials exhibited the highest demand of all magnetic materials, accounting for over 55% of the market share in 2012. Semi-hard magnets are popularly used in relay magnets, magnetic chucks, sensor magnets and level sensors among others. In addition, semi-hard magnetic materials such as thin films are widely used in magnetic recording as recording media. Demand for other magnetic materials such as soft and hard magnets have been notably high on account of key factors such as easy availability, low price of ferrites, significant performance properties and rapidly growing industrialization. In addition, permanent magnets such as NdFeB are considered to be the strongest permanent magnets and the demand for these magnets has been growing significantly over the past few years.

The automotive applications segment exhibited the highest demand for magnetic materials of all the application segments in 2012. The growing automotive industry has been boosting the demand for magnetic materials as these products are being used for a wide range of applications such as gearbox, alternators, motors and pollution control among others. However, future market growth is anticipated to be from the energy generation application segment on account of rising demand for electricity due to various factors such as rapid industrialization and population growth. The energy generation segment is expected to grow at a CAGR of 8.8% between 2013 and 2019.

In 2012, the demand for magnetic materials was significantly high in Asia Pacific, accounting for 79.0% of the global demand. China has played a significant role in the growth of the magnetic materials industry owing to growing demand from manufacturing industries such as automotives and electronics. Europe was the second largest consumer in the magnetic materials market due to various factors such as high demand from current and emerging applications, modernization and development of infrastructure. Moreover, Asia Pacific is anticipated to witness the fastest growth over the forecast period on account of rising demand for magnetic materials such as permanent magnets in other economies of Asia Pacific, due to the growth of wind power industry.

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Magnetic Materials Market – Product Segment Analysis
Soft magnetic materials
– Soft ferrite
– Electrical steel

Permanent magnetic materials

– Hard ferrite
– NdFeB
– SmCo
– Alnico

Semi-hard magnetic materials
Magnetic Materials Market – Application Analysis

– Automotive
– Electronics
– Energy generation
– Others (Including household applications, etc.)

Magnetic Materials Market – Regional Analysis

– North America
– Europe
– Asia-Pacific
– Rest of the World (RoW)

Browse Full Press Release of This Report:- http://www.transparencymarketresearch.com/pressrelease/magnetic-materials-market.htm

Magnetic Materials Market will Reflect Significant Growth Prospects during 2013 to 2019

According to a new report published by Transparency Market Research (www.transparencymarketresearch.com) “Magnetic Materials (Soft Magnetic, Permanent Magnetic and Semi-Hard Magnetic) Market For Automotive, Electronics, Energy Generation and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” the global demand for magnetic materials was valued at USD 48.00 billion in 2012 and is expected to reach USD 87.18 billion in 2019, growing at a CAGR of 8.9% from 2013 to 2019.

Increasing demand for magnetic materials on account of the growing automotive industry is expected to be one of the major factors for the growth of the market. In addition, the growing consumption of soft and hard magnets in wind turbines in energy generation industries due to the rising demand for electricity is also expected to contribute towards the growth of the market. However, the fluctuating prices of rare earth metals, particularly, neodymium and dysprosium, is expected to restrain the growth of the market in the near future. The increasing application scope of magnets in hybrid electric vehicles (HEVs) coupled with growing demand for these vehicles are expected to favor the growth of the market over the next few years.

We are currently offering a flat 15% discount on all purchases until end of the March 2015:- http://www.transparencymarketresearch.com/magnetic-materials-market.html

Semi-hard magnetic materials exhibited the highest demand of all magnetic materials, accounting for over 55% of the market share in 2012. Semi-hard magnets are popularly used in relay magnets, magnetic chucks, sensor magnets and level sensors among others. In addition, semi-hard magnetic materials such as thin films are widely used in magnetic recording as recording media. Demand for other magnetic materials such as soft and hard magnets have been notably high on account of key factors such as easy availability, low price of ferrites, significant performance properties and rapidly growing industrialization. In addition, permanent magnets such as NdFeB are considered to be the strongest permanent magnets and the demand for these magnets has been growing significantly over the past few years.

The automotive applications segment exhibited the highest demand for magnetic materials of all the application segments in 2012. The growing automotive industry has been boosting the demand for magnetic materials as these products are being used for a wide range of applications such as gearbox, alternators, motors and pollution control among others. However, future market growth is anticipated to be from the energy generation application segment on account of rising demand for electricity due to various factors such as rapid industrialization and population growth. The energy generation segment is expected to grow at a CAGR of 8.8% between 2013 and 2019.

In 2012, the demand for magnetic materials was significantly high in Asia Pacific, accounting for 79.0% of the global demand. China has played a significant role in the growth of the magnetic materials industry owing to growing demand from manufacturing industries such as automotives and electronics. Europe was the second largest consumer in the magnetic materials market due to various factors such as high demand from current and emerging applications, modernization and development of infrastructure. Moreover, Asia Pacific is anticipated to witness the fastest growth over the forecast period on account of rising demand for magnetic materials such as permanent magnets in other economies of Asia Pacific, due to the growth of wind power industry.

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Magnetic Materials Market – Product Segment Analysis
Soft magnetic materials
– Soft ferrite
– Electrical steel

Permanent magnetic materials

– Hard ferrite
– NdFeB
– SmCo
– Alnico

Semi-hard magnetic materials
Magnetic Materials Market – Application Analysis

– Automotive
– Electronics
– Energy generation
– Others (Including household applications, etc.)

Magnetic Materials Market – Regional Analysis

– North America
– Europe
– Asia-Pacific
– Rest of the World (RoW)

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The Unconventional Guide Nitrile Butadiene Rubber Powder Market….

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Nitrile Butadiene Rubber Powder Market”. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

Transparency Market Research (www.transparencymarketresearch.com) has released a new market report titled “Nitrile Butadiene Rubber (NBR) Powder (Linear and Cross-linked) Market for PVC Modification, Automotives, Buildings, Footwear, Consumer Goods and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”. According to the report, the global NBR powder market was valued at USD 275.6 million in 2012 and is anticipated to reach USD 425.7 million by 2019, growing at a CAGR of 6.5% from 2013 to 2019. In terms of volume, the global NBR powder market stood at 73,820.8 tons in 2012.

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Specialty forms of NBR continue to grow with increasing applications in different end-use industries. NBR powder finds key applications in PVC and other resin modification. It is also used as binder in frictional materials. Rising demand for auto components such as dashboards, kick panels, brake pads and brake lining from end-use industries, especially automobile, is the major driving factor for the NBR powder market. Growth in the two-wheeler market in emerging economies is likely to open up opportunities for the NBR powder market in the next few years. However, demand for NBR powder may decline in the PVC modification sector owing to the availability of potential substitutes such as thermoplastic elastomers and thermoplastic olefins.

NBR powder is available in two key types: linear and cross-linked or pre-cross-linked. The latter dominates the global NBR powder market. Cross-linked NBR (X-NBR) powder finds wide application in resin modification and frictional materials, while linear NBR powder is mainly consumed in the manufacture of seals and gaskets. Both the product types are expected to grow significantly in the next few years; however, cross-linked NBR powder is anticipated to be the fastest growing segment in terms of volume and is expected grow at a CAGR of 5.2% from 2013 to 2019.

Applications of NBR powder majorly comprise PVC modification, automotives, buildings, footwear, consumer goods and others including coatings and tubes. PVC modification is the largest application with over 48% share of the global market in 2012. It is also used in modification of other resins such as ABS and phenolic resins. With rising demand from frictional compounds, automotive is estimated to be the fastest growing market with a CAGR of 6.9% from 2013 to 2019, in terms of revenue. Growth in the vehicle sector has been driving the automotive application. This trend is projected to continue in the next few years, especially in Asia Pacific. Other applications such as footwear, buildings and consumer goods are likely to experience moderate growth with stable demand from end-use industries.

Asia Pacific leads the global NBR powder market with more than 44% of demand in 2012. Asia Pacific is expected to be the fastest growing region due to rising number of end-users such as auto part manufacturers, brake lining manufacturers, footwear manufacturers and others. Europe and Rest of the World followed Asia Pacific with a combined share of more the 40% of the global demand in 2012. North America accounts for the smallest share of the market. The region is experiencing sluggish growth due to a shift from NBR powder to other substitutes, specifically for PVC modification applications.

The NBR powder market is moderately concentrated, with the top five players accounting for almost 38% of the global market. The NBR powder market comprises the organized as well as unorganized sector. The organized sector consists of established players such as Omnova Solutions, Lanxess AG, LG Chem and Zeon Chemicals.

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The report segments the global NBR powder market as:

NBR Powder Market: Product Segment Analysis

– Linear NBR powder
– Cross-linked NBR powder

NBR Powder Market: Application Segment Analysis

– PVC Modification
– Automotives
– Buildings
– Footwear
– Consumer Goods
– Others (Coatings, tubes, etc)

NBR Powder Market: Regional Segment Analysis

– North America
– Europe
– Asia Pacific
– Rest of the World (RoW)

Browse Full Press Release of This Report:- http://www.transparencymarketresearch.com/pressrelease/nbr-powder-market.htm

2020 Vision: The Near Future of Polyester Fiber Market

According to a new report published by Transparency Market Research Polyester Fiber (Solid and Hollow) Market for Carpet & Rugs, Nonwoven Fabrics, Fiberfill and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019, the global market for polyester fiber was valued at USD 62.46 billion in 2012 and is estimated to be USD 110.86 billion by 2019, growing at a CAGR of 8.6% from 2013 to 2019. In terms of volume, the demand was 37.85 million tons in 2012.

A rise in construction activities is expected to be one of the primary factors driving the demand for polyester fibers, given that residential and commercial flooring solutions are dominated by the carpets and rugs sector. The growing demand for nonwoven materials and products across various industries such as manufacturing, household, electronics, hospitality and automotives is also expected to augment the demand for polyester fibers. Furthermore, a growing demand for mattresses, coupled with technological advancement, is expected to fuel the demand for hollow fibers. However, market saturation in developed regions such as Europe and North America is expected to hamper overall market growth. Moreover, certain health hazards associated with polyester and regulations governing polyester manufacturing, its usage and disposal are expected to be another vital factor adversely affecting market demand.

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Solid fiber was the largest product type in the polyester fiber market and accounted for over 80% of the demand in 2012. This segment is expected to be the fastest growing on account of its wide application in sectors such as manufacturing industries, automobiles, marine, aviation, apparel and healthcare. Although hollow fibers are a small segment within the market, their increasing demand in nonwoven applications, particularly in the field of medicine, is expected to establish new growth opportunities.

Fiberfill was the largest segment in the market in 2012, followed by nonwoven fabrics and carpets and rugs. However, polyester fibers are expected to witness the highest demand growth rate from the carpets and rugs market as carpet manufacturers are increasingly manufacturing polyester-based carpets. The demand for polyester fiber in carpets & rugs segment is expected to grow at a CAGR of 6.0% between 2013 and 2019 in terms of volume. Fiberfill is expected to be the second fastest-growing segment owing to a rising demand for insulation materials.

Asia Pacific was the largest market for polyester fiber in 2012 and the trend is expected to continue over the next six years. Rapid industrialization, urbanization and increasing consumer disposable incomes are vital factors contributing to the growth of this market in the region over the next six years. Asia Pacific is expected to constitute a market share of over 85% by 2019. Furthermore, substantial GDP growth in BRIC countries over the next few years is expected to create new avenues for the growth of the polyester fibers market.

The global polyester fiber market is highly fragmented in nature owing to the presence of several small to large scale manufacturers. Reliance, Sinopec, Zhejiang Hengyi, Zhejiang Tongkun and Nan-Ya are some of the leading manufacturers of the market.

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Polyester Fiber Market – Product Segment Analysis

– Solid
– Hollow

Polyester Fiber Market – Application Analysis

– Carpets & rugs
– Nonwoven fabrics
– Fiberfill
– Others (Apparel, home textiles, industrial, etc.)

Polyester Fiber Market – Regional Analysis

– North America
– Europe
– Asia Pacific
– MENA
– Rest of the World (RoW)

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