Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

Mar 09,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Plating on Plastics Market.

It was estimated prior to this unanticipated outbreak that the Plating on Plastics Market was expected to grow at a CAGR of 8.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The major factors such as increase in product demand from various applications and growing demand for high performance & lightweight features in industries including automotive, electronics & electrical components, and domestic fittings, and economic benefits attained on producing components for these industries are expected to fuel the growth of the market during the forecast period.

Plating on plastic is considered as an effective means to protect a substrate against the corrosion forces and make it more damage resistant from chemicals used in the manufacturing process. For instance, plating on plastic is capable of increasing the strength and wear resistance of the substrate.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the plastic type, the plating on plastics market is segmented as ABS, polycarbonate, PC/ABS, PEI-Ultem, PET, PBT, LCB, PEEK, PP, nylon, and others. ABS is highly considered for chrome plated plastics. The growth of the segment is attributed to its easy engraving and adhesive feature of key raw materials including copper, nickel, and chromic acid. Further, ABS is an amorphous blend of acrylonitrile, styrene, and butadiene, and is of low cost as compared to other plastic types and also, easy to metalize. ABS resins are mainly used to mold parts which require close dimensions offering high impact resistance, metal plating, and outstanding finishing of surfaces. The product offers good dimensional stability, low weight, good toughness & rigidity, low creep and acid & alkalis resistive features fueling the market growth during the forecast period.

Based on the application type, the plating on plastics market is segmented as automotive, domestic fittings, E&E, and others. Factors such as growing sales of automotive, which is positively influencing the demand for plating on plastics as it helps in improving the aesthetic appeal of the vehicle and is attracting mass consumers, accompanied by growth in lightweight plastics demand for an increased efficiency of fuel, and increasing emergence for decreasing automotive weight to lower the consumption of fuel are expected to fast-track the growth of the market during the forecast period.

In terms of regions, North America is estimated to account for the largest share of the market during the forecast period. The growth is attributed to the emergence of latest technologies including IoT solutions, robotics and virtual reality in consumer electronic products manufacturing for achieving efficient and less expensive production in the regional consumer electronics market during the forecast period. In addition, presence of some of the key players of consumer electronics manufacturers in the region is also expected to fuel the market growth in the upcoming years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. 

Key Players:

Some of the major players in the plating on plastics market are-

• Artcraft Plating and Finishing Company Inc.
• Atotech India Limited
• Bolta Werke GmbH
• C. Uyemura & Co. Ltd.
• COVENTYA Group
• Cybershield, Inc.
• Dixline Corporation
• Dow Chemical International
• Enthone
• Galva Decoparts
• Grohe AG

Mar 08,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Perfluoropolyether Market.

It was estimated prior to this unanticipated outbreak that the Perfluoropolyether Market was expected to grow at a CAGR of 4.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Perfluoropolyether is basically a nonreactive and non-flammable fluorinated synthetic oil, in which every atom of carbon has been replaced by fluorine. It is of two different types, i.e. oil and grease, out of which, oil is highly used in various manufacturing sectors including automotive, chemicals, electronics, and aerospace.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the Perfluoropolyether market is segmented as PFPE-K, PFPE-M, PFPE-Z, PFPE-Y, and PFPE-D. PFPE-Y is estimated to be the major product type in the market during the forecast period, owing to its cost-effective nature on comparing with its other counterparts. These fluids are utilized for various applications such as in gears, slides, bearings, where there is requirement for high-temperature elastomers compatibility, where performance of machines components are affected by heat, corrosion, solvents, toxicity, flammability, and can also be used as grease in various end-use industries including chemical, electronics, automotive, and data processing. They offer various excellent features such as thermal, chemical, electrical & solvent resistance, and are non-reactive with elastomers, metal, plastic and rubber, eventually accelerating the product demand in the market during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market, the growth is attributed to the rising number of low-cost airlines in the region during the forecast period. Factors such as the expansion of aerospace industry generating demand for lubricants, and the continuous expansion of manufacturing, automobile and other industrial sectors leading to high demand for cars, power tools and industrial equipment are expected to fuel the growth of the regional market in the upcoming years. Europe and North America are also expected to offer substantial growth opportunities during the forecast period. 

Key Players:

Some of the major players in the perfluoropolyether market are-

• Daikin Industries, Inc.
• FluoroTech USA
• IKV Tribology
• Klüber Lubrication
• M&I Materials Limited
• Miller-Stephenson Chemical Company
• Nye Lubricants
• Solvay S.A.
• TECCEM GmbH
• The Chemours Company.

Mar 04,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Methyl Methacrylate Adhesives Market.

It was estimated prior to this unanticipated outbreak that the Methyl Methacrylate Adhesives Market was expected to grow at a CAGR of 7.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Acrylic adhesives made of a resin and hardener are called as methyl methacrylate adhesives (MMA). These adhesives also contain rubber and additional strengthening agents in most cases. The adhesive offers quick curing at room temperature by creating an exothermic polymerization reaction. Methyl methacrylate adhesives can form bonds between dissimilar materials such as metal and plastic, or metal and composite, etc.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the substrate type, the market is segmented as metal, plastic, composite, and others. The metal segment held the largest share of the market in 2019. The metal segment is expected to remain the largest segment by substrate type over the forecast period as it is predominantly used in end-use industries due to durability and low cost. On the other hand, the composite segment is expected to expand with the highest CAGR over the forecast period owing to rising demand for bonding composite components, such as bumpers, deflectors, composite tanks, roofs, car seats, blades, etc.

Based on the end-use industry type, the methyl methacrylate adhesives market is segmented as automotive & transportation, building & construction, marine, wind energy, general assembly, and others. The automotive & transportation segment dominates the market owing to huge demand for bonding dissimilar materials coupled with the rising penetration of advanced materials.

In terms of regions, Asia-Pacific is estimated to be the largest methyl methacrylate adhesives market during the forecast period, with China, Japan, South Korea, and Taiwan being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of automotive and construction industries, which is generating huge demand for methyl methacrylate adhesives. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

Key Players:

Some of the major methyl methacrylate adhesive manufacturers are-

• Illinois Tool Works Inc.
• Henkel AG & Co. Kgaa
• H.B. Fuller Company
• The 3M Company
• Arkema S.A. (Bostik)
• Huntsman International LLC.
• Sika AG
• Scigrip
• Scott Bader Company Ltd.
• Lord Corporation.

Feb 26,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Metallocene Polyethylene Market.

It was estimated prior to this unanticipated outbreak that the Metallocene Polyethylene (mPE) Market was expected to grow at a CAGR of 6.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Metallocene polyethylene (mPE) is a new generation, high-performance polyethylene (PE) used in a large number of applications, such as agriculture, building and construction, and packaging. It is highly resistant to impact and tearing and possess excellent sealing property. It is also known as Linear Metallocene.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the application type, the metallocene polyethylene (mPE) market is segmented as films, sheets, injection molding, extrusion coating, and others. The films segment is expected to lead the market during the forecast period. Packaging industry is the major demand generator of metallocene polyethylene. The growth of the segment is owing to the properties of metallocene polyethylene, such as high chemical and moisture resistance and rigidity-to-thickness, on account of which it finds extensive usage in various applications.

Based on the product type, the market is segmented as mLLDPE, mHDPE, and others. The mLLDPE segment is expected to remain dominant during the forecast period due to its properties, such as puncture resistance and high tensile strength, which makes it to be widely adopted for many applications. Some of the industrial applications include chemical storage containers and water tanks, consumer goods, such as food packing material.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing metallocene polyethylene (mPE) market during the forecast period, followed by North America and Europe. Huge demand for packaging material for the food and beverages industry, particularly in China, India, and South Korea, is driving the Asia-Pacific region’s market.

Key Players:

Some of the major metallocene polyethylene (mPE) manufacturers are-

• Borealis AG
• Exxonmobil Corporation
• Formosa Plastics Corporation
• INEOS
• Lyondellbasel Industries Holdings B.V.
• Prime Polymer Co., Ltd.
• SABIC
• The Dow Chemical Company
• Total Petrochemicals & Refining USA, Inc.
• Univation Technologies, LLC.

Mar 01,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Medical Membranes Market.

It was estimated prior to this unanticipated outbreak that the Medical Membranes Market was expected to grow at a CAGR of 9.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Medical membranes are the devices that are used extensively in medical treatments. They are made from organic and inorganic polymers, and offer high selectivity and permeability in medical applications.

Medical Membranes are made up of different material types, such as PTFE, PVDF, PP, PSU, PESU, modified acrylics, and others, that are used in various applications, such as pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes, others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the process technology type, the medical membranes market is segmented as ultrafiltration, microfiltration, nanofiltration, reverse osmosis, dialysis, gas filtration and others. The ultrafiltration process technology is expected to lead the medical membranes market owing to the increasing use of ultrafiltration process technology in pharmaceutical filtration.

Based on the application type, the medical membranes market is segmented as pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes and others. The pharmaceutical filtration application segment is likely to command the medical membranes market during the forecast period. This growth is attributed to the growing production of medicated drugs and expansion of healthcare facilities.

In terms of regions, Europe is the leading market for medical membranes. The prime factor in the growth of the medical membranes market in Europe is the increasing aging population (above 65 years), growing End-Stage Renal Disease (ESRD) patient pool, increasing improved diagnostic facilities, and rising incidences of chronic diseases, such as diabetes and hypertension. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major medical membrane manufacturers are-

• Pall Corporation
• Merck Millipore
• Koch Membrane Systems
• Asahi Kasei Corporation
• Toray Medical
• Baxter International
• Ge Healthcare
• GEA Group
• W.L Gore and Associates Inc.
• Akzoss Nobel