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 Epoxy Tooling Board Market.

It was estimated prior to this unanticipated outbreak that the Epoxy Tooling Board Market was expected to grow at a CAGR of 5.9% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Epoxy tooling board is used to develop prototypes and moulds with high accuracy. It is used for developing master models of different parts in the aerospace industry, automotive die models, lay-up tools for low and medium temperature curing epoxy prepregs and lightweight core materials.

Epoxy tooling board offers excellent dimensional stability even under high temperature conditions, superior surface finish, chemical compatibility with tooling prepregs.

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 end-use industry type, the market is segmented as transportation, wind energy, aerospace, marine, and others. The transportation industry held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The wind energy segment is expected to grow at the highest CAGR during the forecast period, owing to increasing demand for epoxy tooling board for wind blade application.

Based on the density type, the epoxy tooling board market is segmented as 600-800 kg/m³, 800-1000 kg/m³, and above 1000 kg/m³. The 600-800 kg/m³ segment dominates the market as they are widely used in various end-use industries.

In terms of regions, Europe is expected to be the dominant, whereas Asia-Pacific is estimated to be the fastest-growing market for epoxy tooling board during the coming five years. The highest growth of the Asia-Pacific region is attributed to the high growth of transportation and aerospace industries in the region. North America and Asia-Pacific are also likely to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major epoxy tooling board manufacturers are- 

• Trelleborg AB
• RAMPF Tooling Solutions GmbH & Co. KG
• Huntsman Corporation
• Sika AG
• Guangzhou LiHong Mould Material Co., Ltd
• BCC Products, Inc.
• Base Materials Ltd.

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 Epoxy Curing Agents Market.

It was estimated prior to this unanticipated outbreak that the Epoxy Curing Agents Market was expected to grow at a CAGR of 4.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Curing agent is a substance used to harden a surface or material. It is an important part of epoxy resin product portfolio and selecting the correct curing agent is significant as it influences the viscosity, reactivity and working time of resins.

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 end-use industry type, the market is segmented as wind energy, pipe and tank, aerospace and others. The wind energy segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The increasing use of composite materials in wind blade manufacturing is driving the growth of this segment.

Based on the product type, the epoxy curing agents’ market in the composites industry is segmented as aromatic amines, aliphatic amines, cycloaliphatic amines, catalyst, dicyandiamide, anhydride, and others. The aliphatic amines segment dominates the market, whereas aromatic amine is expected to experience the highest growth during the forecast period driven by the growing demand for high-performance composites in aerospace applications.

In terms of regions, Asia-Pacific is estimated to be the largest epoxy curing agents’ market in the composites industry during the forecast period, with China, Japan, and India, being the major countries with lucrative as well as fastest-growth opportunities. The growth of the market is driven by the increasing demand for composites in pipe and tank and wind energy industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major epoxy curing agent manufacturers for the composites industry are-

• Evonik
• BASF SE
• Huntsman Corporation
• Hexion Inc.
• Dow Inc.
• Cardolite Corporation.

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 Epoxy Adhesives Market.

It was estimated prior to this unanticipated outbreak that the Epoxy Adhesives 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.

Epoxy adhesives are copolymers which are formed by the process of mixing a resin and a hardener together. Epoxy adhesives offer excellent features such as high strength, capacity to adhere to a wide variety of materials, and chemical and environmental resistivity, due to which they are the most widely used structural adhesives. These adhesives are available in different forms such as one-component, heat curing and two-component, and room temperature curing systems.

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 type, the market is segmented as one-component epoxy adhesives, two-component epoxy adhesives, and other epoxy adhesives. One-component epoxy adhesives are estimated to witness the highest growth in the market during the forecast period. The solvent free and user-friendly features, and the quick curing time of one-component adhesives, makes them more effective and they are easier to control as compared to two-component epoxy adhesives.

Based on the end-use industry type, the epoxy adhesives market is segmented as building & construction, transportation, wind energy, electrical & electronics, automotive, marine, and other end-use industries. Wind energy is estimated to be the fastest-growing end-use industry of the market during the forecast period. There is an ongoing development process for making the blade lighter and taller. The continuous development in the blades structure and other turbine components is driving the growth of wind energy. Epoxy adhesives are dominantly used in manufacturing turbine blades and are the most effective solution for the adhesion of blade parts. The growing usage of renewable energy and installation of windmills in different areas is also fueling the growth of the epoxy adhesives market.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing epoxy adhesives market during the forecast period. The growth of the market is driven by the growth of various end-use industries, such as building & construction, transportation, wind energy, electrical & electronics, automotive, marine, and others, out of which, building & construction is majorly contributing to the rising demand for epoxy adhesives in the Asia-Pacific region. The investments in the infrastructure development for government and private-sectors is growing, which in turn, will give rise to the improvement of the building & construction industry in countries, such as India and China, driving the demand for epoxy adhesives in the region during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the major players in manufacturing epoxy adhesives are-

• Ashland Inc.
• DuPont de Nemours, Inc.
• H.B. Fuller
• Henkel AG & Company
• KGaA
• Huntsman Corporation
• Illinois Tool Works Incorporation
• LORD Corporation
• RPM International Inc.
• Sika AG
• The 3M Company

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 Engineering Plastics Market.

It was estimated prior to this unanticipated outbreak that the Engineering Plastics Market was expected to grow at a CAGR of 7.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Engineering plastics are a group of performance polymer materials that offer better mechanical and thermal properties than commodity plastics such as polystyrene, PVC, polypropylene and polyethylene. Due to their peculiar traits such as stability, flame-resilience, chemical-resilience, exceptional machinability, dimension constancy, wear resistance, and minimal damaging friction, they are widely used in various industries such as automotive, aerospace, construction, mechanical, electrical, electronics and medical.

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 acrylonitrile butadiene styrene, polyamide, polycarbonate, thermoplastic polyesters, polyacetals, fluoropolymers, peek, polyphenylene sulfide, polyphenylene oxide, PMMA, and others. The thermoplastic polyesters segment held the largest share of the market in 2019. On the other hand, the polyacetal segment is expected to register the fastest growth during the forecast period. Thermoplastic polyesters are the most widely used engineering plastics across the world and their popularity is mainly due to their high strength-to-weight-ratio, lightweight, excellent chemical resistance, and easy recyclability properties.

Based on the end-use industry type, the engineering plastics market is segmented as automotive & transportation, electrical & electronics, industrial & machinery, packaging, consumer appliances, medical, and others. The automotive & transportation segment dominates the market, owing to increasing usage of lightweight materials to address the industry challenges of increasing carbon emissions and increasing fuel efficiency. Automotive interior, exterior, hood, and powertrain are some of the major applications of the automotive & transportation segment.

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the increasing urbanization, and substitution of many metals by suitable engineering plastics in various industries, such as packaging and automotive. Increasing automotive production in the region is one of the major factors driving the growth of the region’s market. The abundant availability of raw materials in the region is a core factor that is propelling the growth of the market.

Key Players:

Some of the major players in the engineering plastics market are-

• BASF SE
• Covestro AG
• Solvay SA
• Celanese Corporation
• DuPont de Nemours, Inc.
• LG Chem Ltd.
• SABIC
• Evonik Industries AG
• Lanxess AG
• Mitsubishi Engineering Plastics Corporation.

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.