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 Aerospace Wires & Cables Market.

It was estimated prior to this unanticipated outbreak that the Aerospace Wires & Cables Market will reach US$ 0.8 Billion in 2026. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate. Augmented number of orders for the procurement of new aircraft worldwide along with the modernization of the prevalent aircraft are the prime factors that are contributing to the growth of the Aerospace Wires & Cables Market during the forecast period. 

Aerospace Wires & Cables Market Segment Insights:

By Platform Type:

Stratview Research has segmented the market as commercial aircraft, regional aircraft, general aviation, military aircraft, helicopter, and others. As commercial aircraft faces a short descent in the wake of the pandemic, the military aircraft segment likely to remain relatively stable. Nevertheless, the commercial aircraft segment to remain the long-term thrust-bearer of the market, logging the fastest recuperation, owing to strong order backlogs of 12,661 (Airbus: 7,501 and Boeing: 5,160) aircraft as of August 2020. Furthermore, upcoming aircraft programs, such as C919 and MC21, are expected to uplift the segment’s healing course.

By Resin Type:

We have segmented the market as fluoropolymers, polyimide, and others. Fluoropolymers are expected to remain the most widely used resin type in the market, owing to their extraordinary performance. PTFE captures an elephantine chunk among all fluoropolymers, offering favorable properties such as extreme temperature resistance (-200°C to 300°C), chemically inert, low dielectric constant, low coefficient of friction, and excellent FST property.

 By Application Type:

The market is segmented as power transfer, data transfer, flight control system, avionics, and others. Power transfer is expected to maintain its vanguard in the market with the least decline and the fastest recovery during the forecast period, whereas the avionics segment is projected to suffer a prolonged impact of the pandemic with the slowest long-term recovery. In recent years, the market is witnessing a gradual shift towards wireless avionics and flight control systems.

By Region:

All the regional markets are anticipated to mark gargantuan declines in 2020. With the strong presence of leading players, North America and Europe are expected to grab the largest share of the market during the forecast period. The USA to act as the helm of the regional as well as global market. Asia-Pacific is likely to emerge out of despair earliest, with the highest long-term CAGR, offering a plethora of opportunities in the long-term. Other key factors likely to cause a stir in the region’s market are the opening of assembly plants of Boeing and Airbus in China and upcoming indigenous commercial and military aircraft. India to be the new growth engine, actively developing policies to welcome companies willing to move away from China.

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 Reactive Diluents Market.

It was estimated prior to this unanticipated outbreak that the Reactive Diluents Market was expected to grow at a CAGR of 5.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

The substance that reduces viscosity of a lacquer for processing is called reactive diluent. Reactive diluents become part of the lacquer during the subsequent curing through the process of copolymerization.

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 market is segmented as paints & coatings, adhesives & sealants, construction & infrastructure, composites, and others. The composite segment is projected to expand with the highest CAGR over the forecast period owing to its excellent strength-to-weight ratio, flexibility, and high tensile strength.

Based on the product type, the market is segmented as aliphatic, aromatic, and cycloaliphatic. The aliphatic segment accounted for the largest share in 2019, and is expected to maintain its dominance during the forecast period. This growth of the segment is owing to the relatively easy production process and low raw material cost.

In terms of regions, Asia-Pacific is projected to be the largest market. The Asia-Pacific’s market is expected to grow with a lucrative CAGR due to the growing population, rapid growth of building & construction and automotive industries, and better growth opportunities in composite applications. China and India are the growth engines of the region.

Key Players:

Some of the major players in the reactive diluents market are-

• Hexion
• Huntsman
• Aditya Birla Chemicals
• Kukdo Chemicals
• Evonik Industries
• Adeka Corporation
• Cargill
• EMS-Griltech
• Olin

This new report from Stratview Research analyses the Ballistic Composites Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Ballistic Composites Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Ballistic Composites Market is no different. Derived from the previous market scenario, the Ballistic Composites Market is likely to witness an impressive CAGR of 7.6% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

• • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Market Share Analysis

Ballistic Composites Market Share: By Fiber Type

Based on the fiber type, the market is segmented as aramid fiber, UHMPE fiber, glass fiber, and others. The aramid fiber segment held the largest share of the market in 2018, and is expected to remain dominant during the forecast period owing to its extensive use in the helmets, shields, and vest protection applications.

Ballistic Composites Market Share: By Matrix Type

Based on the matrix type, the market is segmented as polymer matrix, polymer-ceramic, and metal matrix. The polymer matrix segment is expected to remain dominant during the forecast period owing to its exceptional properties such as lightweight, temperature-resistant, low friction and high durability. Polymer matrix are extensively used in applications such as helmets and body vests.

Ballistic Composites Market Share: By Application Type

Based on the application type, the ballistic composites market is segmented as vehicle armor, body armor, helmets & face protection, and others. The vehicle armor segment leads the market as there is an enormous need to protect the vehicles from missiles, bullets, grenades and other ammunitions.  Further, the lightweight property of composite materials in the military vehicles leads to better fuel efficiency and ease in mobility.

Ballistic Composites Market Share: By Region

In terms of regions, North America is estimated to lead the ballistic composites market during the forecast period. The USA is the growth engine of the region’s market owing to the world’s largest defense spending, significant investment towards research and development, and presence of a large number of ballistic composite suppliers. Asia-Pacific is expected to witness the highest growth during the forecast period owing to increasing defense budget, offset policies in countries such as India, rising tension among the countries in the region, and growing demand for advanced materials for body and vehicle armor.

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 Commercial Standby Generator Sets Market.

It was estimated prior to this unanticipated outbreak Commercial Standby Generator Sets Market will reach CAGR of 6.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Commercial Standby Generator Sets Market Insights

Commercial standby generator sets market is likely to witness an impressive CAGR of 6.2% during the forecast period. The prime factor that is contributing to the demand for commercial standby generator sets is the growing need for uninterrupted power supply across the globe.

Market Share Analysis

Commercial Standby Generator Sets Market Share: By Power Rating Type

Based on the power rating type, the market is segmented as <75 kVA, 75-375 kVA, 375-750 kVA, and >750 kVA. The <75 kVA segment is expected to maintain its dominance over the forecast period, owing to the increasing dependency on digitization & information technologies among all businesses and industries.

Commercial Standby Generator Sets Market Share: By Application Type

Based on the application type, the market is segmented as telecom, healthcare, data centers, educational institutions, government centers, hospitality, retail sales, agriculture, and aquaculture. The telecom segment is estimated to remain the vanguard in the market over the forecast period, supported by technological development in telecommunication industry and rapid adoption in various businesses.

Commercial Standby Generator Sets Market Share: By Fuel Type

Based on the fuel type, the market is segmented as diesel, natural gas, and others. The diesel segment is likely to dominate the market during the forecast period, driven by robust distribution channel of diesel.

Commercial Standby Generator Sets Market Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market for commercial standby generator sets during the forecast period. The growth of the region’s market is attributed to the rapid industrialization coupled with limited access to uninterrupted power supply. China and India are the growth engines of the region. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

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 Polymer Foam Market.

It was estimated prior to this unanticipated outbreak that the Polymer Foam Market was expected to grow at a CAGR of 5.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Polymer foams are also known as expanded polymers. They are complex gases/solid-structured materials, consisting of a multitude of gas cells inside a solidified polymer matrix. They are majorly used for in a wide variety of applications such as disposable packaging of fast-food, cushioning of furniture and as insulation material.

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 polymer foam market is segmented as polyurethane foam, polystyrene foam, PVC foam, phenolic foam, polyolefin foam, melamine foam, and other foams. The polyurethane foam leads the market owing to its high demand from building & construction and furniture & bedding industries.

Based on the end-use industry type, the market is segmented as packaging, building & construction, furniture & bedding, automotive, footwear, sports & recreational, others. The automobile industry is expected to grow at the fastest rate during the forecast period due to increasing usage of polymer foams in applications such as cushioning, gaskets, cables, and headliners, and the high growth of the automotive industry.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer foams market during the forecast period, with China, Japan, India, Indonesia, and Thailand being the major countries offering substantial growth opportunities. The growth of the region is owing to the growing building & construction, automotive, and packaging industries in developing economies and the easy availability of raw materials.

Key Players:

Some of the major polymer foam manufacturers are-

• Arkema
• Armacell International
• BASF
• Borealis
• JSP
• Recticel
• Rogers Corporation
• Sealed Air
• The Dow Chemical Company
• Zotefoams