Long Chain Dicarboxylic Acid Analysis Market Likely to Reach a Valuation of around USD 300.3 Million By 2025: Grand view Research, Inc.

The global longchain dicarboxylic acid market is expected to reach USD 300.3 million by 2025, according to a new report by Grand View Research, Inc. Rising product use as LCDA applications such as nylon & other polyamide, powder coatings and lubricants will augment market growth over the next nine years.

The increasing use of long chain dicarboxylic acid as precursor in manufacturing of nylon & other polyamides, powder coatings, lubricants, adhesives, and corrosion inhibitors, applications will fuel the long chain dicarboxylic acid demand. Rising application scope of nylon & other polyamides in automotive and building construction is expected to propel long chain dicarboxylic acid growth over the forecast period.

Long chain dicarboxylic acid is employed as a key bio-based product for manufacturing in various applications. LCDA is an environmentally degradable product which makes its suitable for compliance with various regulatory norms laid by REACH and EPA in Europe and North America respectively.

High performance nylon & other polyamide used possess properties like high strength & stiffness, fatigue resistance, and broad temperature toleration. High performance nylon is widely used in infrastructure projects across various geographies of the world. The growth of above stated application segment is expected to fuel long chain dicarboxylic acid demand over the forecast period.

Full Research Report On Long Chain Dicarboxylic Acid Market Analysis:
http://www.grandviewresearch.com/industry-analysis/long-chain-dicarboxylic-acid-market

Further key findings from the report suggest:

·         Long chain dicarboxylic acid market is expected to witness the growth at a CAGR of 7.0% from 2016 to 2025 due to its biodegradability, which also offers environmental advantage   

·         Pharmaceuticals as an application of LCDA will witness the fastest growth in terms of revenue at a CAGR of 8.7% from 2016 to 2024 owing to its superior bio-based properties

·         North America market is expected to witness significant growth and was estimated at over USD 43 million in 2015 on account of rising infrastructure development and growing automotive industry

·         Key participants include Cathay Industrial Biotech Ltd., Shandong Hilead Biotechnology Co., Ltd, Invista B.V, Zibo Guangtong Chemical Co., Ltd., and Evonik Industries AG

·         Key companies in the market are focused on increasing their global presence through mergers & acquisitions and plant expansions.

·         In June 2016, Cathay Industrial Biotech Ltd. announced capacity expansion for bio-based products that include long chain dibasic acids, bio-pentane diamine (DN5), and bio-polyamide (bio-PA)

·         In October 2016, Invista opened a new 2,15,000-ton capacity hexamethylene diamine (HMD) plant and a 1,50,000-ton capacity polymer plant in China

Grand View Research has segmented the global long chain dicarboxylic acid (LCDA) market on the basis of application and region:

Long Chain Dicarboxylic Acid (LCDA) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2025)

·         Nylon & Other Polyamides

·         Powder Coatings

·         Lubricants

·         Adhesives

·         Pharmaceuticals

·         Corrosion Inhibitors

·         Others

Long Chain Dicarboxylic Acid (LCDA) Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2013 - 2025)

·         North America

o    U.S.

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

·         MEA

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-long-chain-dicarboxylic-acid-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: https://www.grandviewresearch.com/

Aramid Fiber Analysis Market | Worth USD 6.51 Billion by 2024: Grand view Research, Inc.

The global aramid fiber market size is expected to reach USD 6.51 billion by 2024, according to a new report by Grand View Research, Inc. The market is projected to witness a healthy CAGR of 9.7% during the forecast period. Increasing demand for protective clothing from various applications such as industrial and defense sector is the major factor driving the market. Growth of these end-user industries is projected to further propel the demand for aramid fibers over the next few years.

On the other hand, high cost of production is anticipated to limit the market growth. However, these fibers are light weight, heat resistant, non-flammable, and highly durable. These properties are boosting their demand, thereby augmenting the market expansion. A considerable part of every country’s annual budget is occupied by the defense sector due to various factors such as political differences and rising tension across borders. Thus, increased government expenditure in the aerospace, defense and security industries is expected to drive the market.

Para-aramids led the global market in 2015. They possess high tensile strength and a tendency to deform when force is applied. They are created by the dry-jet, wet spinning technique, which results in a fiber consisting of an extended liquid crystal chains formed along its axis with a greater degree of crystallinity and strength. These fibers are widely used in vehicle components such as hoses, tires, belts, brake pads, fiber-glass reinforcement, gaskets, clutches and vehicle armors. Thus, increasing applications of para-aramid fibers in the automobile component manufacturing is anticipated to drive the segment further over the forecast period.

Full Research Report On Aramid Fiber Market Analysis:

https://www.grandviewresearch.com/industry-analysis/aramid-fiber-market

Further key findings from the report suggest:

·         The global aramid fiber market generated USD 2.8 billion in 2015 and is expected to reach USD 6.5 billion by 2024, at a CAGR of 9.7%

·         On the basis of product, the market is led by para-aramid fiber, which is expected to generate USD 4.2 billion by 2024

·         Security and protection was the prominent end-use segment and is anticipated to maintain its dominance throughout the forecast period

·         Rapid urbanization and growth of construction sector in emerging economies of Asia Pacific such as India, China, and Japan are expected to drive the regional market

·         Some of the major companies in the aramid fiber market are Teijin Ltd.; Yantai Tayho Advanced Materials Co.; E. I. du Pont de Nemours and Company, Hyosung Corp.; Toray Chemicals South Korea, Inc.; Kermel S.A., Kolon Industries, Inc.; Huvis Corp.; China National Bluestar (Group) Co. Ltd.; and SRO Aramid (Jiangzu) Co. Ltd.

View More Reports Of This Category By Grand View Research At:
https://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber

Grand View Research has segmented the global aramid fiber market on the basis of product, end use, and region:

Aramid Fiber Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         Para-aramid

·         Meta-aramid

·         Others

Aramid Fiber End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         Optical Fiber

·         Rubber Reinforcement

·         Friction Materials

·         Aerospace

·         Security and Protection

·         Tire Reinforcement

·         Electrical Insulation

·         Others

Aramid Fiber Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    France

o    Italy

o    U.K.

·         Asia Pacific

o    China

o    Japan

o    India

o    South Korea

·         Latin America

o    Brazil

·         MEA

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-aramid-fiber-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: https://www.grandviewresearch.com/

Construction Chemicals Analysis Market Likely to Reach a Valuation of around USD 67.61 Billion by 2024: Grand view Research, Inc.

The global construction chemicals market size is expected to reach USD 67.61 billion by 2024, according to a new report by Grand View Research, Inc. The global market is estimated to register a CAGR of 6.3% during the forecast period. Rising urbanization, coupled with various infrastructural developments are boosting market growth.

Construction chemicals are the chemical compounds used to modify the properties of the construction materials. These chemicals reduce the amount of water used in a construction. They play a crucial role in improving the overall performance of a building and non-building structures. These chemicals can be categorized into different product segments including concrete admixtures, construction adhesives, construction sealants, protective coatings, and waterproofing chemicals.

The most important group of raw materials found in almost every construction chemical formulation are polymers. In many cases, the chemical producer, construction chemical manufacturer, and end-user work together on the formulation to get the desired product. Most of the key players in this market spend around 3% of their total expenditure on R&D activities every year. BASF SE, The Dow Chemical Company, Bayer Material Science, Wacker Chemie AG, and SABIC are some of the major raw material suppliers for these chemicals.

China is the largest regional market for construction chemicals. The building and construction industry in China has been growing at a rate of around 16.2% annually. Non-residential building is expected to be the largest construction market. Rapid urbanization is one of the major factors for the growth of construction industry in China. In 2014, Chinese government launched “New Style Urbanization Plan (2014-2020)” to build green cities, smart cities, and cultural cities. In addition, EU-China partnership and agreements for urban development have played an important role in the development of construction sector in China.

Non-residential and infrastructure end-use segment is expected to have high penetration due to rapid urbanization in emerging economies. On the other hand, residential segment is expected to witness the fastest growth rate of 6.6% durign the forecast years, in terms of revenue. Construction chemicals are used in new buildings, as well as for repair and rehabilitation of the old buildings. They reduce the water and cement content in the concrete and impart chemical properties such as cross-linking, which result in increased strength of the mortar.

Full Research Report On construction chemicals market Analysis:
https://www.grandviewresearch.com/industry-analysis/construction-chemicals-market

Further key findings from the study suggest:

·         The global market for construction chemicals stood at 33,135 kilo tons in 2015 and is projected to expand at a volume-based CAGR of 5.2% over the forecast period

·         The residential segment accounted for 33.0% of the total market volume in 2015

·         Sluggish growth in the European construction sector due to rising utility expenditure is expected to limit the market development in the region

·         Major companies in the market include BASF SE; Pidilite Industries Ltd.; FOSROC Chemicals India Pvt. Ltd.; Sika AG; W. R. Grace and Co.; Dow Chemical Co.; RPM International, Inc.; Arkema S.A.; and Mapei S.p.A.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the global construction chemicals market on the basis of product, end use, and region:

Construction Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         Concrete Admixtures

·         Concrete Adhesives

·         Concrete Sealants

·         Protective Coatings

Construction Chemicals End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         Residential

·         Non-residential & Infrastructure

Construction Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

·         North America

o    U.S.

·         Europe

o    Germany

o    Italy

o    France

o    U.K.

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

·         Latin America

o    Brazil

·         Middle East & Africa (MEA)

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-construction-chemicals-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: https://www.grandviewresearch.com/