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

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 Engineered Fluids (Fluorinated Fluids) Market.

It was estimated prior to this unanticipated outbreak that the Engineered Fluids (Fluorinated Fluids) Market was expected to grow at a CAGR of 7.4% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Engineered fluids are the fluorinated fluids that are versatile and non-flammable. They are used in numerous critical industrial applications. They possess excellent dielectric properties and have a wide range of boiling points along with excellent material compatibility and thermal stability.

Engineered fluids have gained popularity on account of their excellent properties such as low temperature, non-toxicity, stability, and non-flammability that are required to enhance the performance of heavy machines at manufacturing plants. Growing demand and necessity for thermal management in different industries such as automotive, aerospace, electronics & semiconductor, oil & gas, and power generation industries further fuel the demand for engineered fluids.

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 market is segmented as lubricants, solvents, and heat transfer fluids. The lubricants segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Engineered lubricants or fluorinated lubricants offer a stable performance over a long time and provide low oxidation degradation. They are fire-resistant in nature and are used for a wide range of temperatures. Fluorinated lubricants are designed to perform effectively between a temperature ranges of -90°C to 300°C. These properties are driving the growth of the market.

Based on the end-use industry type, the engineered fluids (fluorinated fluids) market is segmented as electronics & semiconductor, aerospace, chemical processing, automotive, oil & gas, power generation, and others. The oil & gas segment dominates the market, as in extreme conditions fluorinated fluids make it easier to clean spills and help in extending the life of the machinery.

In terms of regions, Asia-Pacific is estimated to be the largest market for engineered fluids (fluorinated fluids) during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by rapid industrialization as witnessed in the developing economies of the region and low production costs have prompted the giant players to establish their presence in the region. The growing automotive sector in the region is also contributing to the growth of the region’s market.

Key Players:

Some of the major players in the engineered fluids (fluorinated fluids) market are-

• Daikin Industries
• Solvay SA
• The Chemours Company
• The 3M Company
• Asahi Glass Company
• Halocarbon Products Corporation
• Halopolymer
• F2 Chemicals
• IKV Tribology
• Lubrilog Lubrication Engineering
• Nye Lubricants
• Interflon.

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 Hydrogel Market.

It was estimated prior to this unanticipated outbreak that the Hydrogel Market was expected to grow at a CAGR of 4.3% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Hydrogel is a three-dimensional network of hydrophilic polymers that can hold a large amount of water while maintaining the structure due to chemical or physical cross-linking of individual polymer chain. They have the ability to swell in water. There must be at least 10% water content of the total weight/volume for a material to be a hydrogel. Hydrogen undergo a volume phase transition in response to physical and chemical stimuli such as temperature, electric and magnetic fields, solvent composition, light intensity, and pressure, pH, ions, and specific chemical compositions and are capable of returning to their initial state after a reaction as soon as the trigger is removed.

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 raw material type, the market is segmented as natural, synthetic, and hybrid. The synthetic segment accounted for the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Rise in the demand for hydrogel with synthetic raw material in the field of drug delivery, medicine, biotechnology, and tissue engineering to drive the market.

Based on the composition type, the hydrogel market is segmented as polyacrylate, polyacrylamide, silicone, and others. Polyacrylate dominated the hydrogel market with the increased use of personal care & hygiene products in 2019, and is expected to maintain its leading position during the forecast period.

In terms of regions, North America is estimated to remain the largest market during the forecast period with the largest consumption in biotechnology and drug delivery from countries such as the USA and Canada. Europe and Asia-Pacific are also likely to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major hydrogel manufacturers are-

• B. Braun Melsungen
• Cardinal Health Inc.
• Derma Sciences
• Dow Corning
• Johnson & Johnson
• Medtronic plc
• Momentive Performance Materials Inc.
• Royal DSM
• Smith & Nephew plc
• The 3M Company
• others

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 Fiberglass Mold Market.

It was estimated prior to this unanticipated outbreak that the Fiberglass Mold Market was expected to grow at a CAGR of 8.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Fiberglass molds are used to make duplicate copies of various parts or components with complex shapes. These materials are inexpensive, easy to make, can last up to many years, and can be used to produce hundreds of parts.

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 resin type, the market is segmented as epoxy, vinyl ester, polyester, and others. The epoxy resin segment held the largest share of the market in 2019, and is likely to lead the market in the coming years as well, due to its various properties, such as high heat resistance and excellent mechanical properties. Also, as compared with other resins, it has better physical, mechanical, and adhesion properties.

Based on the end-use industry type, the fiberglass mold market is segmented as wind energy, marine, aerospace & defense, automotive & transportation, construction & infrastructure, and others. Wind energy industry is likely to lead the market during the forecast period. As fiberglass molds provide dimensionally accurate, lightweight, and strong composite materials, they are widely used in manufacturing of wind composite wind blades.

In terms of regions, Asia-Pacific is estimated to govern the market during the forecast period, driven by the high growth of various end-use industries, such as automotive & transportation, wind energy, and construction & infrastructure with the presence of major fiberglass mold manufacturers in the region with China and India being the major countries offering lucrative growth opportunities over the forecast period.

Key Players:

Some of the major fiberglass mold manufacturers are-

• Dencam Composite A/S
• EUROS GmbH
• Gurit Holding AG
• Indutch Composites Technology Private Limited
• Janicki Industries Inc.
• Molded Fiber Glass Cos
• Norco GRP Ltd
• SCHÜTZ GmbH & Co. KGaA
• Shandong Shaungyi Technology Co., Ltd.
• TPI Composites Inc.

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 Electronic Grade Sulfuric Acid Market.

It was estimated prior to this unanticipated outbreak that the Electronic Grade Sulfuric Acid Market was expected to grow at a CAGR of 6.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Electronic grade sulfuric acid is also known as ultra-pure sulfuric acid. It is used in purest form and possesses various characteristics which help to remove impure particles, carbon deposits, and inorganic residue on water while cleaning and itching.

Electronic grade sulfuric acid are of different grades, such as PPT and PPB, which are used in various applications, such as semiconductors, PCB panels and pharmaceuticals.

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 grade type, the market is segmented as PPT and PPB. The PPT grade segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The removal of ionic contaminants from silicon wafers is important during the manufacturing of semiconductors and ICs. PPT is the purest grade of electronic grade sulfuric acid and is majorly been used in cleaning and etching of silicon wafers in the semiconductor industry, which is driving the market in the foreseen duration.

Based on the application type, the electronic grade sulfuric acid market is segmented as semiconductors, PCB panels, and pharmaceuticals. The semiconductors segment dominates the market, as this electronic grade sulfuric acid is used in cleaning and etching of semiconductors and PCBs. It is the most common and widely used specialty wet chemical which is used in specific and customized electronic applications in the semiconductor industry, which is propelling the growth of the segment during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest electronic grade sulfuric acid market during the forecast period, with China, Japan, India, South Korea, and Taiwan being the major countries with lucrative growth opportunities. The growth of the market in China is driven by the increase in the production of electronic products where PCB panels are majorly consumed, such as smartphones, LED and LCD televisions. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major electronic grade sulfuric acid manufacturers are-

• BASF SE
• INEOS Group Holdings S.A.
• Chemtrade Logistics
• KMG Chemicals
• Kanto Chemical Co., Inc.
• Trident Group
• The Linde Group.

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 Splicing Tapes Market.

It was estimated prior to this unanticipated outbreak that the Splicing Tapes Market was expected to grow at a CAGR of 2.4% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Splicing tapes are used to join the end of a web of material to the beginning of a new web, or roll of material, making a manufacturing process continual. This helps eschew valuable down time rethreading the new roll through the machine or press. There is a high demand for splicing tapes in the paper & printing and packaging industries owing to the increase in population and digitalization trends across the globe. Packaging and labeling industry, a major application area of splicing tapes is creating huge opportunities in the market, owing to increase in online shopping trends, which is in turn, propelled by high digitalization. Paperboard packaging is gaining consumer’s diversion due to their effective solutions in food & beverages, healthcare, manufacturing, personal care, and other industries which is another factor driving the splicing tapes market.

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 backing material type, the market is segmented as paper/tissue, PET/polyester, non-woven, and others. The paper/tissue segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. These relatively thin and smooth splicing tapes are suitable for paper & printing application. The paper/tissue properties depend majorly on the raw material quality. The demand for raw material also depends on duration and area of application of the splicing tape.

Based on the application type, the market is segmented as paper & printing, electronics, packaging, labeling, and others. The paper & printing segment dominates the market, and the tapes used in this application can be single-sided or double-sided and re-pulpable and non-repulpable. Splicing tapes are used for flexographic printing, end tabbing, permanent overlapped splices, paper for packaging application, and others. Splicing tapes’ main application is in the paper industry, where they are used during production of paper.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing splicing tapes market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The paper & printing and packaging sectors are growing rapidly in tandem with the rising population, which is a major factor driving the region’s market. Currently, China is one of the largest pulps and paper product manufacturers in the world, and the Chinese manufacturers are creating a highly competitive environment for international trade of paper products by consistently investing in the latest paper manufacturing infrastructure. Manufacturers in the country use numerous advanced technologies and machinery in order to come up with the end products of splicing tapes using different backing materials. The more developed markets such as the US, Germany, Japan, and the UK, are likely to witness staggering growth during the forecast period.

Key Players:

Some of the major splicing tape manufacturers are-

• Tesa SE
• The 3M Company
• Nitto Denko Corporation
• Avery Dennison Corporation
• Intertape Polymer Group, Inc.
• Scapa Group PLC (UK)
• Shurtape Technologies, PLC
• ECHOtape
• Adhesive Research, Inc.