Tuesday 3 October 2017

Automotive Adhesive Tapes Market Projected to reach USD11.54 billion by 2024 : Grand View Research,Inc.



Global Automotive AdhesiveTapes Market is expected to reach USD11.54 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for adhesive tapes in an extensive range of applications including noise, vibration, masking, electrical insulation, wire harnessing, device insulation, surface protection, labelling, auto body repairs, and automotive dash will fuel industry growth over the forecast period. Replacement of fasteners by automotive adhesive tapes coupled with the introduction of new environment-friendly products will propel the market growth. 
Polyvinyl chloride (PVC) was the largest segment and accounted for 31.4% of the overall volume in 2015 and is expected to witness significant rise on account of superior properties including excellent bonding, high adhesion, water resistant and good adhesion to metals. Increasing demand for lamination, insulation, protection and masking of automotive wires will propel industry expansion over the forecast period. 
Double-sided tapes are expected to witness significant volume rise at a CAGR of 6.6% from 2016 to 2024 as on account of its durability, reliability, and sufficient bonding & fixing properties. Furthermore, increasing applications in automotive interior parts in light of better resistance and excellent tacky ability will promote industry expansion over the forecast period. 
Full Research Report on Global Automotive Adhesive Tapes Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market
Further key findings from the report suggest:
  • The global market demand was 5,745.8 million square meters in 2015 and is expected to show high gains in light of growing vehicle production in China, India, and Mexico
  • Natural rubber was a prominent segment and accounted for 28.1% of the overall revenue. The product will show growth in light of superior properties including high flexibility, and versatility, and high adhesion.
  • North America accounted for over 20% of the global volume share and is expected to witness significant gains in light of robust manufacturing base and rapid growth of the automotive sector in the U.S. and Mexico. National policies promoting the development of vehicles, fuel efficiency, and green policy will also impact future automotive trends. Moreover, the presence of various manufacturers including Dow Company, 3M Automotive, and PPG Automotive will augment growth.
  • Latin America is expected to witness significant revenue growth at a CAGR of 7.3% from 2016 to 2024 as a result of increasing automotive vehicle sales in Argentina, Brazil, and Columbia. Increasing foreign investment in the automotive sector in the region is expected to open new market avenues over the next eight years.
  • Automotive adhesive tapes industry is dominated by key participants including 3M, Tesa SE, Lintec, and Nitto Denko Corporation. Ongoing product development by various companies to manufacture high-performance and cost-efficient adhesive tapes is expected to augment product consumption over the forecast period. 
  • In August 2015, Shurtape launched FP 115 high-performance flatback paper tape to offer moisture resistance and stronghold for the tube, paper, and core manufacturing. In July 2014, Shurtape expanded its line of double-coated tapes with the introduction of DP 401 polyester film tape designed for polyethylene foam fabrication and lamination processes. 
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the Global Automotive Adhesive Tapes Market on the basis of adhesive type, backing material, product, application, and region:
Global Automotive Adhesive Tapes Adhesive Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)
  • Acrylic
  • Natural rubber
  • Butyl
  • Others
Global Automotive Adhesive Tapes Backing Material Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)
  • Polypropylene
  • Paper
  • Cloth
  • Foam
  • PVC
  • Others
Global Automotive Adhesive Tapes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)
  • Masking tapes
  • Double-sided tapes
  • Reinforced tapes
  • Specialty tapes
Global Automotive Adhesive Tapes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)
  • Interior
  • Exterior
Global Automotive adhesive tapes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2024)
  • North America
    • U.S.
  • Europe
    • Germany
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • MEA
View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-adhesive-tapes-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit: www.grandviewresearch.com



Electronics and consumer goods plastics market Estimated to reach USD 53.5 billion by 2025 : Grand View Research,Inc.


The global electronics and consumer goods plastics market is expected to reach USD 53.5 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for plastics in consumer gadgets manufacturing owing to their lightweight, low cost and superior impact and corrosion resistance is expected to propel growth.
The major industry players including BASF SE, Bayer AG, DuPont, and Exxon Mobil Corporation, are engaged in manufacturing raw materials as well as plastics for end-use applications. Whereas, the players including LG Group and Honeywell are integrated across the complete value chain from the raw material supply to the production of consumer goods.
Rising consumer demand for environmental friendly plastics is expected to compel the manufacturers to divert their focus to the production of bio-based and degradable product over the forecast period. The companies in the electronics and consumer goods plastics industry are expected to establish strategic partnerships with end-use industries to maintain their customer base and the foothold in the market.
Increasing raw material prices and strong foothold of the existing players in the market are expected to be the key factors challenging the entry of new players. Growing concerns towards e-waste management coupled with stringent government regulatory framework for plastic waste disposal is likely to hamper product demand over the projected period.
Browse full report by Grand View Research:
Further key findings from the report suggest:
·         The demand in consumer electronics industry is expected to grow at a CAGR of 6.9%, owing to the increasing plastic usage for manufacturing for manufacturing electronic gadgets such as smartphones, laptops, CD players, TVs and computers
·         Household appliances accounted for 23.9% of the total revenue generated by the industry and is expected to grow on account of increasing demand for product for manufacturing structures and bodies of washing equipment, refrigerators, and air conditioners
·         The demand for plastics in winter sports was valued at USD 1.62 billion in 2016 and is expected to grow on account of rising product penetration to replace traditional wood and metal sports equipment to gain superior performance, durability, and lightweight
·         Asia-Pacific was the largest market, accounting for 37.9% of the overall demand, owing to robust growth of end-use industries including consumer electronics, appliances, sporting goods, and toys, especially in China, Japan, and India
·         Rapid growth of electronics industry in Mexico owing to high investments, low manufacturing cost and increasing exports by the country in the international market is expected to drive demand for plastics in the North America
·         In July 2015, Sharp Corporation launched Aquos Crystal, a new smartphone which uses bio-based engineering plastic for manufacturing its front panel. The bio-based plastic, Durabio, employed for this purpose was developed by the Mitsubishi Chemical and offers high heat, weather, and impact resistance
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the global electronics and consumer goods market on the basis of application and region:
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Household appliances
o    ABS-ASA-SAN
o    Polypropylene (PP)
o    Polystyrene
o    Polyurethane
o    Others
·         Consumer Small Appliances
o    ABS-ASA-SAN
o    Polypropylene (PP)
o    Polystyrene
o    Polyurethane
o    Others
·         Consumer Electronics
o    ABS-ASA-SAN
o    Polypropylene (PP)
o    Polystyrene
o    Polycarbonate
o    Polyurethane
o    Others
·         Lighting equipment
o    PVC
o    ABS-ASA-San
o    Acrylic
o    Polycarbonate
o    Others
·         Toys
o    Polyethylene
o    Polystyrene
o    Polypropylene
o    ABS-ASA-San
o    PVC
o    Others
·         Winter Sports
o    Polyethylene
o    Polyamide
o    Polyurethane
o    Others
·         Sport Shoes
o    PVC
o    Polyurethane
o    PET
o    Polyethylene
o    Polypropylene
o    Polyamide
o    Others
·         Jewelry
o    Acrylic PVC
o    Polypropylene
o    Polystyrene
o    Polycarbonate
Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    Russia
o    UK
·         Asia Pacific
o    China
o    India
o    Japan
·         Central & South America
o    Brazil
·         Middle East & Africa 
About Grand View Research                                                                                                     
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com



Fast curing nitrile butadiene rubber (NBR) market Estimated to reach approximately USD 581.2 million by 2025 :Grand View Research ,Inc.


The global fast curing nitrile butadiene rubber (NBR) market is expected to reach approximately USD 581.2 million by 2025, according to a new report conducted by Grand View Research, Inc. Favorable outlook for the automotive manufacturing sector in emerging economies such as China, India, and Mexico, as a result of increasing domestic consumption of four-wheeler vehicles, is expected to promote the market growth. Furthermore, the rising demand for lightweight automotive materials with excellent mechanical strength on account of shifting preference from metal to polymers amid the growing importance of driver comfort and aesthetics characteristics is expected to keep high penetration of the application over the next eight years.
Oil & gas is projected to foresee volume growth at a predicted CAGR of 3.7% from 2017 to 2025. The upscaling requirements of consumables and products for sensitive conditions concerning temperature and pressure fluctuations are expected to play a crucial role in increasing the activity about high-temperature molding. This trend is projected to promote the usage of fast curing NBR products in the form of hoses, seals, and O-rings in the petroleum industry.
Browse full report by Grand View Research:
Further key findings from the report suggest:
·         Global fast curing NBR demand was 132.4 kilo tons in 2016 and is expected to reach 181.6 kilo tons by the end of 2025, expanding at a CAGR of 3.6% from 2017 to 2025.
·         Rising concerns over mold fouling during polymer processing in automotive, and oil & gas industry is expected to force the buyers to procure products with fast curing rates. However, increasing market size of silicone elastomers with good conductive properties and excellent mechanical characteristics is expected to pose a credible threat to fast cured polymers over the projected period.
·         Disposable gloves are expected to foresee volume growth at a CAGR of 3.8% from 2017 to 2025. The introduction of disposable gloves in developed economies including Germany and the UK which are used on a single patient became very popular owing to the low risk of contamination. These products are based on polymers including latex, rubber, nitrile rubber, neoprene and vinyl which are capable of protecting patients and physicians from cross-contamination during medical examinations.
·         Asia Pacific is expected to witness fastest revenue growth at a CAGR of 4.4% from a period of 2017 to 2025. The government of China announced funding of USD 1.1 trillion for infrastructure improvement in March 2015. This announcement is expected to increase the demand for fast curing NBR based sealants.
·         Key industry participants include Lanxess, JSR, Kumho Petrochemicals and Zeon Chemicals. Product innovation and the establishment of a strategic partnership with buyers are expected to remain critical success factors for the industry participants.  
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented the global fast curing NBR market on the basis of product, application, and region:
Fast Curing NBR Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·         Hoses
·         Belts
·         Cables
·         Molded & Extruded Products
·         Seals & O-rings
·         Rubber Compounds
·         Adhesives & Sealants
·         Gloves
·         Foamed Products
·         Others
Fast Curing NBR Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·         Automotive
·         Mechanical Engineering
·         Oil & Gas
·         Metallurgy & Mining
·         Construction
·         Medical
·         Others
Fast Curing NBR Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
·         CIS
o    Russia
·         Asia Pacific
o    China
o    Japan
·         Central & South America
o    Brazil
·         MEA
About Grand View Research                                                                                                     Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com