Market insights

The Double Sided Tape Market size is forecast to reach $14 billion by 2025, growing at a CAGR of 7.11% during 2020-2025. The boom in the demand for acrylic foam based double sided tapes in the automotive industry is fueling the demand for double sided tapes in the market. Furthermore, the markets for medical assembly is boosting the consumption of double sided tapes. Double-sided tape is any pressure-sensitive tape that is coated with adhesive on both sides. It is designed to stick two surfaces together, often in a way which is not visible in the end product, due to it being in between the objects rather than overlaying them. Double-sided tape is created by applying a thin adhesive layer to each side of a carrier material. Request Sample   Report Coverage The report: “Double Sided Tape Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Double Sided Tape Industry. Key Takeaways Asia-Pacific dominates the double market owing to

Point-of-Use Water Treatment Systems are becoming exceedingly common across various application facilities particularly in homes, schools, residential and non-residential facilities. The main goal of such systems are for the treatment of smaller, continuous supply of water for consumption. This market is segmented based on its technology, design, applicable standards and end users. Point-of-Use Water Treatment Systems Market Outlook: According to an IndustryArc report, Point-of-Use Water Treatment Systems market was valuated at $9.5 billion in 2015 and is expected to reach $15.6 billion by 2022. Water purification has become the need of the hour as UN records more than 4 billion cases of diarrhea every year due with the major cause being water contamination. Health institutes, public organizations, governments and NGOs have been aggressive in promoting many of these water treatment systems particularly in the developing countries where access to safe drinking water is limited or scarc

The global chloroform exports in 2017 amounted to $ 9,171,294,000 and is expected to grow steadily. The growth of the chloroform market is triggered by the increase in the demand for HVAC (Heating, ventilation and air-conditioning) equipment and fluoropolymers most importantly PTFE (Polytetrafluoroethylene). The industrial use of chloroform as an important reagent for producing dyes, coatings and pesticides is expanding rapidly throughout. Developing countries like China and India are seeing more investments in the production of chloroform as supply chains are optimized involving these developing countries. The applications of chloroform and its derivatives is found in manufacturing of refrigerants, PTFE, piping inlet coatings, dust filters and others. Request Sample What is Chloroform Chloroform also known as trichloromethane is one of the most popular solvent for organic compounds which do not dissolve well in water. It is colourless, volatile and has a strong smell, commonly used i

Technological development in the field of energy storage is driving the market for flexible batteries. Flexible batteries are the batteries which are developed specifically for flexibility. As compared to traditional batteries, these batteries are designed to be lightweight, flexible and feature in multiple applications such as smartphones, tablets and wearable devices. These applications demand lightweight batteries which can satisfy the increasing demand for power. The flexible battery market is fuelled by the growth of its application markets such as smartphones, wearable devices and others. Other benefits of flexible batteries include longevity, safety and flexible technology. The flexible batteries utilize polymers in their construction along with an improvement in the conductivity. This enables them to be stretched and rolled as per need of the device application. However, the increased technological complexity warrants a high initial investment which may act as a restraint for

Engineering Resins are a group of light weighted thermoplastic materials with enhanced properties such as rigidity, strength, impact and heat resistance, chemical stability and so on. A thermoplastics properties depend on its chemistry, structure, chain length and the bonds between the lengths. The resins polymerscan be changed by mixing some additives to that. This segment is divided basing on geography into America, Europe, Asia pacific and roW (rest of world) region. America is further divided among the countries/ region like US, Canada, Mexico, Brazil and others, Europe is further divided into U.K, France, Germany, Italy and others. AP is further classified into India, China, Vietnam, Indonesia, Japan and other countries. Row region comprises of African and the Middle East region. Request Sample   Engineering Resins Market Outlook: Engineering Resins are a group of strong plastic materials that have enhanced properties like Heat resistance, Strength, Chemical stability, Strength a

Over the past few years gas turbines have witnessed exponential growth due to the technological advances that have resulted in the design and development of highly efficient gas turbine units. Gas turbines are used in diversified services from jet engines and simple mechanical drives on land, sea and air to sophisticated gas lasers and supersonic wind tunnels. In the aerospace applications these units are referred to as jets, turbojets, turbofans, and turboprops. In land and sea based applications these units are referred to as mechanical drive gas turbines. Gas turbines are increasingly being used in power plants both in the utility and power sectors for their tremendous energy producing capacity, compactness, inherent flexibility, high performance, operational availability and multiple fuel capability. Aerospace sector seems to be the most promising sector in future due increasing investments in manufacturing and migration across various regions. Request Sample   Based on the desig

Switchgear is the grouping of electrically disconnected switches, fuses or circuit breakers that are utilized to regulate, defend and segregate electrical equipment. Switchgears encompass fuses, isolators, and circuit breakers. Fuses are positioned after every disconnection as it acts as a sacrificial device to provide overcurrent protection of high voltage and the low voltage side of large power transformers. The rising investments in the broadcast and circulation of infrastructure coupled with the growing demand for renewable energy sources are the major factors driving the demand for switchgear across the globe. In terms of market shares medium voltage switchgear market segment dominates the global switchgear market, where as in terms of growth rate low voltage switchgear market is projected to offer double digit CAGR, higher than that of other voltage sub-segments.  Request Sample The global gas insulated switchgear market is expected to show impressive growth in the future. Th

The market for Distributed Energy Storage is forecast to reach $18 billion by 2025, growing at a CAGR of 9.3% from 2020 to 2025. Increase in awareness about renewables and growth in government initiatives for renewable power generation in various developed and developing countries are likely to boost the distributed energy storage system market across the globe in the coming years. Furthermore, rise in the use of renewable energy and the increase in demand for clean energy are expected to be the main drivers of the market for distributed energy storage systems. Distributed Energy Storage Market Report Coverage The report: “Distributed Energy Storage Market– Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Distributed Energy Storage Market. By Technology – Electro Chemical Technology, Mechanical Technology, Thermal Storage Technology By Application – Transportation, Grid Storage By Geography - North America (U.S, Canada, Mexico), South

Protective Clothing Market size is forecast to reach $13.21 billion by 2025, after growing at a CAGR of 6.70% during 2020-2025. Increasing the demand for industrial clothing, such as growing concern for the health of workers coupled with strict government regulations and the strict labor laws have forced industrial producers in North America and Europe to strictly obey the standards and guidelines established by government organizations to prevent any type of occupational hazard. Increasing working population across North America, Europe and APAC is expected to have a positive impact on the growth due to the rapid growth of the manufacturing sector in these regions. Key Takeaways Increasing usage of protective clothing in medical sector for preventing transmission of viruses such as COVID-19, Ebola and infection controls. Growing trend for multi-functional durable clothing with high chemical and mechanical resistance is expected to drive growth of protective clothing. In addition to g

Fluroelastomers are a class of synthetic rubber which have helped to overcome the problems faced by conventional rubber. The market for global fluoroelastomers was $1380.85m in 2017 and is anticipated to rise at a CAGR OF 4% during the forecast period. Fluoroelastomers have been used in Automotive, chemicals, aerospace and manufacturing industries. However, automotive industry dominates the use of fluorelastomers which is valued to be $522 million. Fluoroelastomer’s excellent chemical and oil resistant properties have propelled its use in chemical and oil industries. The stringent regulations set up by the government authorities over the emission of toxic gases has led to the increase in the use of fluroelastomers which is playing an important role in the growth of market. Request Sample   What is Fluoroelastomer Fluoroelastomer is a class of synthetic rubber which has a wide range of applications. These elastomers have been widely used as they have high reliability, less maintenance

Polyamide-6 Market is forecast to reach $21.5 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. Globally, the increasing demand for polyamide-6 from the automotive, electronics, and coating industries; increasing government initiatives; are set to drive the global polyamide-6 market growth. Also, polyamide-6 has a higher temperature tolerance property, which makes it a favored material in various applications requiring high temperatures. Furthermore, the rising usage of bio-based polyamide and increasing use of polyamide-6 in newer industrial verticals will create new opportunities for the global polyamide-6 industry to grow in the predicted era. Impact of Covid-19 Due to the nationwide lockdowns to tackle the COVID-19 outbreak, the automotive industry expects production losses of around 750,000 units and revenues of $2 billion in 2020-2021. Thus the availability and demand for polyamide-6 have decreased with the pause in automotive production. Moreover, considering t

Synthetic Rope Market size is forecast to reach $2.1 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. The demand is strongly influenced by the low weight and high strength characteristics of synthetic ropes. The safety aspect of synthetic ropes is another main factor that is expected to drive this market. Synthetic ropes are comparatively safer to use compared to steel wire ropes that are commonly used by the marine, mining, and Oil & gas industries . Better properties associated with synthetic rope for industrial use have contributed to a substantial rise in the market. Increased use in various industries due to its improved ability to handle heavy materials is attributed to the increasing popularity of synthetic ropes. In addition, these products have properties, like long-lasting and lightweight compared to traditional ones, which are expected to broaden the reach of the product to various industries. Report Coverage The report: “Synthetic Rope Market– Forecas