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According to Future Market Insights, over US$ 5.6 Bn worth of styrene butadiene rubber will be sold across the globe by the end of 2017. The forecast study further reveals that by the end of the forecast period, 2017-2026, the global  styrene butadiene rubber market  will have expanded at a moderate CAGR of 4.3% to reach a value of US$ 8.2 Bn. The demand for synthetic rubbers continues to witness an upsurge as companies fail to find competent natural substitutes. In the view of changing industrial applications, styrene butadiene rubber has emerged as one of the greatest synthetic rubbers used in the automotive industry. With exceptional properties, products made of styrene butadiene rubber are finding applications across multiple industrial verticals. A range of factors influencing the dynamics of the global styrene butadiene rubber market have been analysed in the study. Environmental concerns are addressed as the key restraint that will limit styrene butadiene rubber from incurring h

 Future Market Insights delivers key insights on the global  engineering plastics market  in an upcoming research publication titled, “ Engineering Plastics Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026 ”.  The global engineering plastics market is projected to register a healthy CAGR of 7.2% in terms of value and 5.7% in terms of volume during the forecast period. Future Market Insights analyses the market performance and provides information on the key factors and trends impacting market growth over the forecast period 2016–2026. The report segments the global engineering plastics market on the basis of Product Type into Polyamides (PA), Polycarbonates (PC), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), High Performance Polymers, Fluoropolymers, Polymethyl methacrylate (PMMA), and Others (includes UHMWPE/UHMW, TPI alloys and blends, etc.); and on the basis of Application into

 Employment of stringent emission guidelines around the world and constant requirements of hardware durability are projected to create substantial opportunities for key market players. According to FMI’s recent market study, the  driveline additives market  is projected to exhibit a CAGR of over 4% and reach US$ 12 Billion by the end of forecast period (2022-2029). Driveline additives are designed to optimize automotive performance and help reduce energy loss. Driveline additives help ensure smooth functioning of the drivetrain, and, in turn, enhance hardware life. Extended hardware durability translates directly into increased profitability and return on investment for everyone in the supply chain. Key Takeaways of Driveline Additives Market Study The transmission fluid additives segment is witnessing high growth in the global driveline additives market. Rising focus of OEMs on fuel efficiency, along with growing adoption of innovative technologies such as dual clutch technology (DCT)

  Future Market Insights  (FMI), in its latest report titled, “ Bio-plastics Market: Global Industry Analysis and Opportunity Assessment 2014 to 2020 ”, estimates that the global  bio-plastics market is expected to account for US$ 43.8 Bn by 2020, registering a CAGR of 28.8% during the forecast period. A growing beverage packaging industry, government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to contribute to the growth of the global bio-plastic market over the forecast period. Global Bioplastics Market: Drivers and Trends Demand for bioplastics is increasing since past decade due to growing awareness concerning environmental conservation, use of bio-based or natural resources for manufacturing materials and formulation of various regulations across countries for effective use of natural resources and waste management. In terms of materials, the global bio-plastics market is segmented as bio-PET, bio-PE, bio-PA, bio-degradab

 Future Market Insights delivers key insights on the global  engineering plastics market  in an upcoming research publication titled, “ Engineering Plastics Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026 ”. The global engineering plastics market is projected to register a healthy CAGR of 7.2% in terms of value and 5.7% in terms of volume during the forecast period. Future Market Insights analyses the market performance and provides information on the key factors and trends impacting market growth over the forecast period 2016–2026. The report segments the global engineering plastics market on the basis of Product Type into Polyamides (PA), Polycarbonates (PC), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), High Performance Polymers, Fluoropolymers, Polymethyl methacrylate (PMMA), and Others (includes UHMWPE/UHMW, TPI alloys and blends, etc.); and on the basis of Application into

 Global  precipitated silica market  revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029. Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO2). Developing regions of the world are expected to lead demand generation by the end of forecast period. Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products. Surging automotive production will lead to an increase in demand for rubber tires which employ precipitated silica to enhance product performance. Similar demand trends can be traced back to adhesive & sealant products in lieu of the pivotal role that precipit

 Future Market Insights presents a detailed analysis and delivers key insights on the global  soil stabilization materials market  in its latest report titled “ Soil Stabilization Materials Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028 ”. The long-term outlook of the global soil stabilization materials market remains positive with the soil stabilization materials value pegged at over US$ 15.7 Bn in 2018. It is expected to reach US$ 29 Bn by the end of 2028, growing with a healthy CAGR of 6.6%. Among the segments by material type, the minerals & stabilizers segment is estimated to hold a dominant share in terms of value over the forecast period. Under the minerals & stabilizers segment, the lime sub-segment is expected to be at the forefront throughout the forecast period. However, the polymer segment is expected to grow with a relatively higher CAGR, with significant growth in value share. Among all regions, China is expected to dominate the gl

The COVID-19 induced subdued momentum, especially in construction and automotive sectors, is likely to hurt the interests of  polypropylene market  stakeholders in the short run, opines a new study by Future Market Insights (FMI) Revising its market forecast to negative 2.1% (volume) for 2022, the ESOMAR-certified market research and consulting firm remains bullish on the long-term prospects of the market. According to the study, “despite a bearish rally for polypropylene over the last three months, a more positive outlook for oil will pave way for brighter polypropylene settlements in the near term.” Polypropylene demand decline has been more pervasive vis-à-vis its other plastic variants in automotive and this will continue till resumption of manufacturing operations. However, high sales of spun-bound and meltblown polypropylene grades in the production of PPE and masks can offset some of the losses, opines FMI’s new study. Key Takeaways of Global Polypropylene Market Study ·  

According to the latest market study published by Future Market Insights (FMI), the demand for  sulphuric acid  is set to rise on account of its application in production of fertilizers. As per the report, demand for sulphuric acid will increase by 3.2% CAGR between 2021 and 2031. Focus on improving agricultural yield across the globe is elevating the demand for fertilizers. Sulphuric acid, being a key constituent used in production of phosphate based fertilizers, is expected to register notable surge in demand with the growth in sales of fertilizers during the forecast period. Economic expansion in Latin America, East Asia, South Asia Pacific and others has pushed infrastructure development activities. This is expected to propel the demand for metals in the aforementioned regions. Coupled with this abundant metal reserve in these regions is supporting the expansion of metal processing. FMI has projected application of sulphuric acid will increase, particularly in the metal extra

Manufacturing and industrial facilities from numerous verticals require specialized adhesives for production and product quality. As a result, the demand for  industrial adhesives  has risen steadily in years past. A key factor driving global demand for industrial adhesive products is the growing scope of applications in the packaging, electronics, and automotive sectors, along with investments into product development for greater functionality, bolstering overall adoption rates. The report by Future Market Insights gives in-depth insights on the sector in terms of revenue and sales projections for the duration between 2022 and 2030. Application of adhesives as viable substitutes for flanges, panels, and other fastener settings support growth in the long-term. Sustainability Trends Aid Market Prospects According to The Adhesive and Sealant Council, the automotive industry alone makes use of up to 40 kg of industrial adhesives for every vehicle. Consequently, the residue, and im

Global  precipitated silica market  revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029. Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO 2 ). Developing regions of the world are expected to lead demand generation by the end of forecast period. Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products. Capacity Expansion Becomes a Top Priority Competitive landscape of precipitated silica market is fragmented. Major players in the global precipitated silica market are Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation

The global  recycled scrap metal market  is anticipated to expand at a steady  5.4% CAGR  over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Increasing production of iron and steel is boosting demand for recycled scrap metals. Growing utilization of scrap metals in steel production and in non-ferrous metals processing is further expected to boost the consumption rate of recycled scrap metals. Rapid development of the building and construction sector also is propelling sales of recycled scrap metals. Increments in the production of automotive, shipbuilding aero plane manufacturing are also bolstering the consumption rate of recycled scrap metal. Production and processing of ferrous as well as non-ferrous metals produces scrap. These scraps are further utilized in the processing of various products to reduce waste generation. Growing demand for waste management and initiatives taken by regional government bodies to minimize

The overall Y-o-Y growth estimated for the global ethylene dichloride market  will remain moderate, under-4% throughout the projection period, 2022-2028.Future Market Insights has published a new research study titled “ Ethylene Dichloride Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028 ”. As per data cited in the report, the market value roughly equated US$ 19.2 Bn in 2022, which will reportedly grow at a modest 3.7% CAGR through 2028. The study attributes the positive growth prospects of ethylene dichloride market to the increasing consumption of ethylene dichloride (EDC) across the chemical industry, which is further strongly supported by robust growth of infrastructural activities demanding volumes of ethylene dichloride for specialized applications. According to FMI’s analysis, applications of ethylene dichloride will be prominent in polyvinyl chloride (PVC) or vinyl monomer chloride, generating high traction within the residential and commercial

 Global infrastructural development has reached newer heights in the last few years, with massive constructions – both residential and commercial – mushrooming across both Tier 1 and Tier 2 cities across the world. This has led to impressive growth of the global building and construction industry and as a consequence positively impacted revenues of ancillary industries. Plywood is an inherent component of the construction industry – being widely used in manufacturing readymade and customised furniture. “Growth in global consumption of plywood is pegged to increase at a decadal rate of 4.6% to reach 164,402 cubic meters by the end of 2022. This growth is attributable to the continuous demand from end-use industries especially the furniture production industry.”   --- Future Market Insights Future Market Insights (FMI) throws light on some of the key factors boosting revenues in the global market for plywood.  Plywood finds increasing use across diverse applications ranging from fur

 Electronics cleaning solvents add to the functional quality and longevity of electronic components and products; hence, these have been gaining higher importance in the electronics industry. Certain solvents also impart high insulation resistance characteristics to components and devices, which boots their demand for electronics cleaning. The  electronics cleaning solvents market  is constantly advancing, and superior methods and products are being developed to concur with advancements in the electronics field. The introduction of low-cost electronics cleaning solvents, such as hydrofluoroethers (HFEs), which are designed to effectively remove solder flux residue from printed circuit boards, along with their environmental and safety advantages over chlorinated solvents and ozone-depleting hydro-chlorofluorocarbons (HCFCs), is expected to drive the demand for electronics cleaning solvents further. The global electronics cleaning solvent market is projected to exhibit a value CAGR of 5.