Automotive Infotainment Market Challenges, Opportunities, Trends And Top Key Players till 2025

June 01, 2021: The scope of the global Automotive Infotainment Systems Market was appreciated by US$ 15.20 billion in 2016 and it is likely to reach US$ 37.62 billion during the forecast period. The increasing demand for systems that can provide entertainment, accessibility comprising live audio streaming, on-demand music, combination of smart phone, along with a number of additional entertaining facilities and comfort within the car, is estimated to motivate the development of the automotive infotainment market. The manufacturers of the automobiles are also gradually integrating such type of systems in their automobiles having understood that such type of features can gladly motivate the purchasing decision of the customer.

Drivers:

The increasing stages of per head earnings in developing nations, mainly in Asia Pacific, are letting customers expend on luxury and top-class cars furnished by these systems. Progress in technology has furthermore steered the introduction to instinctive touchscreen, cutting-edge graphical user interfaces, vocal sound recognition, and additional amenities in these systems. Entirely such developments have potential for the development during the period of forecast.

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Additional features motivating the acceptance of these systems consist of smartphone connectivity, both over Wi-Fi or Bluetooth, which permits customers to access messages and additional information and makes it easier to work on the move. Furthermore, consumers can furthermore modify these systems consistent with their necessities and selections. This is also funding the acceptance of these systems. Over and above this, the capability of these systems to access cloud centered services and deliver unified connectivity and distant access to playlists and streaming of video is also motivating the demand for these systems.

A competition amongst OE fitted and aftermarket products is a specific high spot because the suppliers of OE fitted products emphasis on the quality whereas suppliers of aftermarket products mainly concentrated on the price. Per se, the demand for OE products is projected to be great in industrialized nations, whereas the aftermarket products would be mainly in demand in developing nations of Asia Pacific, where the choice of infotainment systems is constructed on the price.

Classification:

The global automotive infotainment systems industry can be classified by Application, Installation, Product, and Region. By Application it can be classified as Commercial Vehicles, Passenger Cars. By Installation, it can be classified as Aftermarket, OE fitted. By Product, it can be classified as Communication Unit, Head-up Display, Audio Unit, Navigation Unit, and Display Unit.

Regional Lookout:

By Region the global automotive infotainment market can be classified as North America, Europe, Asia Pacific, and South America. North America generated maximum revenue of US$ 5,723.1 million in 2018. North America is home to the important business participants and therefore the area is in leading position in the development and application of innovative automotive infotainment systems. The increasing inclination toward vocal sound recognition methods and driver distraction mitigation systems is estimated to motivate the development. The increasing end-users’ liking for HD in-dash display monitors is the additional obvious tendency that has been holding up in the local market.

The Asia Pacific is expected to develop at the maximum percentage during the period of forecast. The increasing stages of per head earnings of the customers are mainly letting them purchase passenger cars having modern facilities. The increasing sales of top-class cars in China are mainly estimated to add to the development of the local Asia Pacific’s market. Additionally, growing acceptance of smartphones together with the increasing demand for automotive infotainment systems with the combination of smartphone technology is projected to motivate the development during the period of forecast.

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Companies:

At present, the automotive infotainment systems market is extremely disjointed in nature. A number of medium and small sized companies are trying to build up their position, by way of launching reasonably priced aftermarket systems. Accordingly, it has started observing strong competition amongst suppliers of OE fixed systems and suppliers of aftermarket systems.

Some of the important companies for automotive infotainment industry are Delphi Automotive PLC, Clarion Corporation, Pioneer Corporation, Panasonic Corporation, Harman International, JVC KENWOOD Corporation, Visteon Corporation, Denso Corporation, Alpine Electronics, Garmin, and Continental AG.

Market Segment:

Automotive Infotainment Product Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Audio Unit

    • Display Unit

    • Head-up display

    • Navigation Unit

    • Communication Unit

Automotive Infotainment Fit Type Outlook (Revenue, USD Million; 2014 - 2025)

    • OE fitted

    • Aftermarket

Automotive Infotainment Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Passenger Cars

    • Commercial Vehicles

Automotive Infotainment Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

Get in touch

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Contact Person: 

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Research Support Specialist, USA

Email: ryan@millioninsights.com

Thermal Spray Coatings Market Overview, Challenges, Opportunities And Top Key Players till 2025

May 31, 2021: The global Thermal Spray Coatings Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Thermal spray coating refers to industrial process that involves coating material in wire or powder form and a heat source. The heat source is used to melt the material into tiny droplets, which are sprayed onto substrates at high velocity. This technique is able to improve performance characteristics of the substrates by imparting erosion, wear, corrosion, heat, cavitation, and abrasion. Other advantages include high deposition rate, thick coatings, and low toxic gas emissions.

Growing need to enhance durability of machines among industries to reduce maintenance costs is anticipated to propel thermal spray coatings industry growth. Changing consumer preference for thermal spray coatings over chrome plating owing to superior properties is expected to impel market growth. Stringent regulations introduced by governments across various nations to reduce use of material containing volatile organic compounds (VOCs) will drive the thermal spray coatings market over the forecast period.

To cater to rising demand for advanced coating techniques, manufacturing companies and researchers are investing in R&D to develop innovative methods. For instance, in January 2018, an Indian scientist was contacted another scientist from National Aeronautics and Space Administration (NASA) to know more about former’s thermal spray coating method. The doctor had developed a control segmented Yttria Stablized Zirconia (YSZ) while working at MEC. The technology is believed to reduce operational cost of spray coatings by fifty percent.

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Product Insights:

Based on product, the thermal spray coating market can be categorized into ceramics, metals, carbides, polymers, abradables, and others.Ceramics segment is anticipated to exhibit highest CAGR over the forecast period owing to superior properties such as high temperature resistance and adhesive bonding. Rising demand for ceramic material in turbine blades, aerospace engine systems, and flame tubes attributed to better heat resistance will drive segment’s growth in coming years.

Technology Insights:

On the basis of technology, the thermal spray coatings market can be classified into plasma, flame, cold, high-velocity oxygen fuel (HVOF), electric arc, and others.Plasma spray technology segment is predicted to hold largest market share over the forecast period. The technology can be used for wide range of materials including ceramics and metals on small and large components. Some industrial benefits such as temperature management, wear resistance, electrical conductivity, and heat and oxidation resistance are driving demand for plasma technology.

Application Insights:

In terms of application, the thermal spray coatingindustry can be segmented into automotive, industrial, aerospace, medical, steel, oil and gas, pulp and paper, printing, and others.Aerospace segment is anticipated to hold largest market share over the forecast period owing to increasing use of thermal spray coatings on defense aircrafts. These coatings are able to protect aircrafts from corrosion and regular wear and tear. Major application includes jet engine components such as piston rings, crank shafts, valves, and cylinder. In addition, landing gears are also coated to withstand forces during take-off and landing.

Regional Insights:

Regional segmentation includes North America, Asia Pacific, Central and South America, and Middle East and Africa.North America is expected to dominate and hold largest market share over the forecast period owing to growth of aerospace industry in the region. Presence of industry leaders including Airbus and Boeing is also contributing well to regional growth. These companies are exporting aircraft components to countries like China, France, and Germany.

Asia Pacific, on the other hand, is expected to exhibit highest CAGR in coming years owing to growing state of automotive and aerospace industry. Rising demand for commercial aircraft among airlines to accommodate rising number of travelers per day is driving the market. In addition, increasing sales of passenger and commercial vehicles owing to rise in deposable income will drive regional market growth over the forecast period.

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Some of the key players in the thermal spray coatings market are AMT AG, Chromalloy Gas Turbine LLC, OC Oerlikon Management AG, Plasma-Tec, and Surface Technology. Key players are adopting business strategies including mergers and acquisitions to expand their product portfolio.

Market Segment:

Thermal Spray Coatings Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Metals

    • Ceramics

    • Intermetallic

    • Polymers

    • Carbides

    • Abradables

    • Others

Thermal Spray Coatings Technology Outlook (Revenue, USD Million, 2014 - 2025)

    • Cold

    • Flame

    • Plasma

    • High Velocity Oxy Fuel (HVOF)

    • Electric Arc

    • Others

Thermal Spray Coatings Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Aerospace

    • Industrial Gas Turbine

    • Automotive

    • Medical

    • Printing

    • Oil & gas

    • Steel

    • Pulp & Paper

    • Others

Thermal Spray Coatings Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

        • France

        • Finland

        • Denmark

        • Sweden

    • Asia Pacific

        • Japan

        • China

        • India

        • Thailand

        • Malaysia

    • Central & South America

        • Brazil

        • Argentina

    • Middle East & Africa

        • Saudi Arabia

        • UAE

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Email: ryan@millioninsights.com

Inhalation Anesthesia Market Top Key Players Update, Business Statistics and Research Methodology till 2025

May 28, 2021: The global Inhalation Anesthesia Market scope was appreciated by nearly US$ 1.12 billion in 2018 and is likely to witness a CAGR of 3.5% for the duration of the forecast. It is expected that the market will touch US$ 1.42 Billion by the completion the prediction year 2025.

In therapeutic exercise, anesthesia is a condition of a body. It is done by drugs to overpower sensations that are termed as general anesthetic. The agents of Anesthetic act on the principal nervous arrangement changing the motor function of neurons. Anesthesia is working for the duration of minor and major surgical treatment to simplify the process for patient and surgeon. Anesthetic agents can be directed orally, intravenously, subcutaneously or by inhalation.

Speedy growth in elderly population suffering from neurological, respiratory, spinal, gastrointestinal, orthopedic, cardiovascular, cancer and additional illnesses and complaints is expected to motivate the development. Growing number of orthopedic processes for example ligament and additional soft tissue restoration actions is likewise contributing to the development of the day care ambulatory surgical treatment. This is likely to increase usage of inhalation anesthesia. Additionally, growing number of emergency cases and accidents are estimated to surely impact the development market during the period of forecast.

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The Inhalation Anesthesia (IA) developed as anesthetic of choice above Intravenous Anesthesia (IVA) amongst mainstream of healthcare general practitioners, because it avoids unnecessary dosage and retains the patient’s autonomic functions unharmed. Drugs directed over inhaled route have restricted tolerance and level of addiction as equated to alternatives routes. Inhalation Anesthesia (IA) has lesser threat of restlessness and is price operative as equated to Intravenous Anesthesia (IVA). Additionally, growing number of surgical processes is one of the most important motivating factors.

Classification:

The global inhalation anesthesia market can be classified by Product, Application and Region. By Product it can be classified as Desflurane, Sevoflurane, and Isoflurane. By Application it can be classified as Maintenance, Induction. By End User it can be classified as Ambulatory Surgical Centers, Hospitals.

Regional Lookout:

By Region, the inhalation anesthesia industry can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region headed the market during the year 2018 and is likely to propagate at a profitable percentage above the period of forecast, due to growing occurrence of a number of long-lasting sicknesses and existence of innovative healthcare amenities. The demand for surgical products that comprises ambulatory surgery and inpatient surgery is the maximum in North America and is a fore most motivator of the development for the market in region.

In contrast, Asia Pacific is projected to grow at the speedy CAGR of 4.0% during the period of forecast. Important issues funding to its speedy development comprise growing populace, private and public healthcare spending, accessibility of healthcare insurance for common people, and occurrence of long-lasting illnesses.

Growth in medicinal travel, together with speedy infiltration of insurance exposure will assist additional persons to choose for surgical products. This is likely to considerably increase the usage of inhalation anesthetics. Growth of ambulatory healthcare centers is likely to supply to the increasing populace in Asia Pacific, therefore definitely impacting the market.

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Companies:

The manufacturing companies implement a number of policies comprising acquirements, corporation along with presentation of new-fangled product to take advantage of market openings. For example Piramal Enterprises picked up Janssen's products of pain management and injectable anesthesia during the period of past year.

This approach assisted company to increase its range of critical care business and increase present base of client. Furthermore, pharmacological manufacturer of Middle East & Africa, named Julphar, come in a partnership to market and distribute Sojourn (Sevoflurane), mass-produced by Piramal, in Saudi Arabia. The partnership intended for augmenting company’s business in the Middle East &Africa region and expansion of existing group of customer.

Some of the important companies for inhalation anesthesia market are AbbVie Inc., Jiangsu Hengrui Medicine Co. Ltd., Lunan Pharmaceutical Group Co. Ltd., Halocarbon Products Corporation, Fresenius Kabi AG, Piramal Enterprises Limited, Hikima Pharmaceuticals PLC., Eisai, Baxter International, Mylan, and Abbott. 

Market Segment:

Inhalation Anesthesia Product Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Sevoflurane

    • Isoflurane

    • Desflurane

Inhalation Anesthesia Application Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Induction

    • Maintenance

Inhalation Anesthesia Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

        • Spain

        • France

        • Italy

        • Russia

    • Asia Pacific

        • Japan

        • China

        • India

        • South Korea

        • Singapore

        • Australia

    • Latin America

        • Brazil

        • Mexico

        • Argentina

    • MEA

        • South Africa

        • Saudi Arabia

        • UAE

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Ryan Manuel

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Email: ryan@millioninsights.com

Clinical Laboratory Services Market Overview, Challenges, Opportunities And Top Key Players till 2025

May 31, 2021: The global Clinical Laboratory Services Market is expected to witness a substantial growth in the years to come. This could be attributed to technical advancements with regards to medical laboratory services. Plus, loads of infectious ailments are coming up; which may result in increase in mortality and morbidity if not detected on time. Clinical laboratory services help in checking this catastrophe. This is another factor driving the market in the near future.

Increase in geriatric population outcomes in weak immune system. This will also affect the clinical laboratory services market on positive grounds. Besides, governments in developed economies like the U.S., Belgium, and Denmark do put healthcare at the top pedestal. At the same time, there are economies having ambivalent regulatory framework are likely to impede the market in the next 5-7 years.

The clinical laboratory services industry is segmented based on type of test, service provider, and geography. By type of test, the segmentation spans medical microbiology & cytology, clinical chemistry, human & tumor genetics, and the other esoteric tests. By service provider, the market could span clinic-based laboratories, stand-alone laboratories, and hospital-based laboratories.

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By geography, the clinical laboratory services market comprises North America (Canada, U.), Europe (Italy, Spain, France, UK, and France), Asia Pacific (India, Australia, China, and Japan), LATAM (Mexico, Brazil), and MEA (Saudi Arabia, South Africa). Asia Pacific’s market is projected to grow by leaps and bounds owing to considerable efforts taken by the governments in enhancing lab services herein. North America and Europe have already attained saturation with respect to clinical laboratory services.

The players contributing to the clinical laboratory services market include Arup laboratories, Genzyme, Laboratory Corporation of America Holdings, Sonic Healthcare, Siemens, Quest Diagnostics, NeoGenomics laboratories, Fullerton Health, Abbott, Opko Health, Fresenius Medical Care, Charles River laboratories, Qiagen, and Genoptix Medical laboratory. Inorganic growth is on the anvil. For example – NeoGenomics, in Jul 2019, opened novel pharma services laboratory in Singapore. With PPD (Pharmaceutical Product Development, LLC). Way back in Jul 2017, Arup Laboratories inked a partnership with IDbyDNA for developing next-generation sequencing infectious disease testing. The partnership did introduce genomic technology all over clinical practices.

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Market Segment:

Clinical Laboratory Services Test Type Outlook (Revenue, USD Billion, 2014 - 2025)

    • Clinical Chemistry

    • Human & Tumor Genetics

    • Medical Microbiology & Cytology

    • Other Esoteric Tests

Clinical Laboratory Service Provider Outlook (Revenue, USD Billion, 2014 - 2025)

    • Hospital-based Laboratories

    • Stand-alone Laboratories

    • Clinics-based Laboratories

Clinical Laboratory Services Regional Outlook (Revenue, USD Billion, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Automotive Relay Market Growth Factors, Strategies And Highlights of The Market till 2025

May 28, 2021: The global Automotive Relay Market is expected to grow considerably in the near future due to increase in demand for various applications, such as trucks, heavy industrial equipment, and others. Automotive relay is a simple electromechanical switch that help a low amperage circuit turn on and off the higher amperage circuits, such as headlights. It is also used to switch multiple circuits at the same time with one output.

Single output connected to several relays enable simultaneous opening and/or closing. A normal automotive relay runs on either 5v or 12v signal, where 12v is a standard for all automotive batteries and 5v is standard for the sensors. They run by inserting a lever at the corner of bulky load and by positioning a wedge below the lever. This enables easy lifting of the heavy load with least efforts.

The factors driving of the automotive relay market include rise in levels of comfort and safety in driving, increasing replacement of lighter PCB relays with the conventional complex plug-in devices, increased popularity of PCB relays and high adoption, growing government initiatives for the inclusion of safer components to reduce the number of casualties, increase in the demand and production of hybrid electric vehicles, and rise in modernization of automobiles. However, poor standardization in design is restricting the automotive relay industry growth.

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Increasing use of enhanced technologies like GPS, temperature, weather, and traffic related information, ultimately escalating the demand for the product is one of the major trends witnessed in the domain. Nonetheless, the growing use of conventional plug-in in the automotive sector is challenging the automotive relays industry.

One of the leading players, Infineon is expected to present a new class of Embedded Power ICs, namely TLE985x. It offers AEC Q-100 competent H-bridge driver motor control technology for single-phase brushless DC and 2-phase DC motors. The device is also expected to help manufacturers for replacing automotive relays in low-end motor control uses like window lift and sunroof. By replacing to MOSFETs (metal-oxide-semiconductor field-effect transistor), high level of integration lowers the system costs. Surplus advantages include improved the PWM control and incorporated standardized current sense amplifier, enabling the adaption of motor currents. This also optimizes the motors and mechanics for more applications. This naturally reduces the size of motor and circuit board and improves the noise behavior.

The prominent players in the automotive relays market comprise Omron Corporation, ABB Ltd., TE Connectivity, Salzer Electronics Ltd., Deltrol Controls, Panasonic Corporation, American Zettler Inc., Nippon-Aleph, Fujitsu, Denso Corporation, Daesung, and NEC Corporation among others.

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Market Segment:

Product Outlook (Revenue, USD Million; 2014 - 2025)

    • PCB Relay

    • Plug-in Relay

    • High Voltage Relay

    • Others

Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Passenger vehicles

    • Commercial vehicles

    • Electric vehicles

Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Resistive loads

    • Capacitive loads

    • Inductive loads

Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

   • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East and Africa (MEA)

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Email: ryan@millioninsights.com

Alpha Olefin Market by Leading Player, Size, Status and Forecast Report till 2025

May 28, 2021: The global Alpha Olefins Market is anticipated to expand at a positive CAGR of 4.8% in the forecast period i.e. from 2014 to 2025 as extensive research for the development of alpha olefins using dissimilar sources are estimated to boost overall market growth across the globe.

Ethylene is a significant feedstock for manufacturing alpha olefin and produced across the globe by using naphtha and gas-based oil. The overall market is projected to experience a balanced supply-demand condition in the forecast period i.e. from 2014 to 2025. Furthermore, overall market is estimated to be a spectator of linear rise in product costs matched with the boom in ethylene prices over the period of time.

These organic compounds offer a range of industrially important products like 1-octadecene, 1-decene, 1-hexadecene, 1-octene, 1-tetradecene, 1-hexene, and 1-dodecene. The rising demand for poly alpha olefin (PAO) in synthetic lubricants is estimated to spur overall market in the years to come. Plus, rising focus on producing bio-based alpha olefin is estimated to avail new opportunities for the growth of overall alpha olefin market as several bio-chemicals are accepted as pro-environmental solutions.

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Also, rising demand for poly alpha olefin based lubricants and discovery of shale gas are estimated to fuel overall alpha olefins industry growth in future. However, strict environment regulations regarding use of polyethylene and varying costs of raw materials and energy sources may restrain overall market growth in the forecast period i.e. from 2014 to 2025. North America will continue with its dominance over the forecast period due to the presence of key manufacturers in the region. On the other hand, growing population and increasing consumption of packaged food are estimated to fuel overall market growth in the Asia Pacific region in future.

Alpha olefins is estimated to experience a balanced supply-demand condition in the future. In presence of REACH, alpha olefins are known to have no toxic effect on animal and human population. The foremost trend observed in recent years in global market is rising demand for heavier alpha olefins (C6+) in the Middle East and North America.

Key players operating in alpha olefin market are Saudi Basic Industries Corporation, Chevron Phillips Chemical Company LP, Shell Chemical Limited, ExxonMobil Chemical Company, Qatar Chemical, Evonik Industries AG, Mitsubishi Chemical, Godrej Industries Ltd., and Ineos Oligomers. SASOL, CPChem, and INEOS are estimated to help hold the market balance and alpha olefin prices. Using UNIPOL technology in North America, Exxon Mobil’s linear low-density polyethylene concentrated on specialty grades.

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Market Segment:

Product Outlook (USD Million, 2014 - 2025)

    • 1-Butene

    • 1-Hexene

    • 1-Octene

    • 1-Decene

    • 1-Dodecene

    • Others

Application Outlook (USD Million, 2014 - 2025)

    • Polyethylene

    • Synthetic Alcohol

    • Synthetic Lubricants

    • Others

Materials Regional Outlook (USD Million, 2014 - 2025)

    • North America

        • U.S

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • Japan

        • India

    • Middle East and Africa

    • Central & South America

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Email: ryan@millioninsights.com

Adhesives and Sealants Market Growth Factors, Strategies And Highlights of The Market till 2025

May 28, 2021: The global Adhesives and Sealants Market is estimated to value at USD 82.4 billion by 2025, exhibiting a CAGR of 5.6% during forecast period of 2019 to 2025. Increasing use of high-performance adhesives and sealants in automotive sector is expected to boost sales of the product over the coming years. Collectively, the adhesives and sealants market is expected to gather significant market revenue during the forecast period, thereby offering several opportunities to investors to spend money on research & development activities.

Adhesives and sealants are gaining traction in several end-use industries including automotive industry, construction sector, packaging industry, and pressure sensitive applications. Additionally, increasing penetration of the product in furniture and footwear industry is further propelling the product demand over the coming years. Use of high-performance adhesives in lightweight passenger cars with higher fuel economy and lower emissions is significantly contributing to adhesives & sealants industry growth over the past few years. Increasing adoption of these products in both interior and exterior automotive applications is the key driving factor associated with industry growth. These adhesives and sealants are rapidly replacing nuts and bolts in order to enhance fuel economy and reduce weight of the vehicles.

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There is a growing demand for sealants from construction industry for faster sealing of equipment and longer endurance on substrates. Waterproofing products gaining popularity in exterior applications including terrace and balcony. Waterproofing seals have also found several applications in different building components, while tilting seals are increasingly adopted for various interior applications due to their vivid application scopes. Industry growth for waterproofing and tilting seals is characterized by high penetration capacity among emerging economies and increasing number of construction projects.

Development of innovative products and availability of low cost solutions is expected to favor product demand in the near future. On April 2017, Ashland has unveiled different types of solvent-based pressure sensitive adhesives (PSA). These PSA) allows manufacturers to enhance the efficacy and usability of their products in demanding applications. Alongside PSAs, Ashland has introduced Aroset PS-6426, which is designed in reference to the HVAC aluminum foil tape applications.

Henkel AG & Company, KGaA, Sika AG, Arkema Group, H.B. Fuller Co., Huntsman Corp., The 3M Co., and Illinois Tool Works (ITW), Inc., are some of the prominent industry participants in the global market.

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Market Segment:

Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Water based

    • Solvent based

    • Hot melt

    • Reactive & other

Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Acrylic

    • PVA

    • Polyurethanes

    • Styrenic block

    • Epoxy

    • EVA

    • Other

Adhesives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Pressure sensitive applications

    • Packaging

    • Construction

    • Furniture

    • Footwear

    • Automotive

    • Other

Sealants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Silicones

    • Polyurethanes

    • Acrylic

    • Polyvinyl acetate

    • Other

Sealants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Construction

    • Automotive

    • Packaging

    • Assembly

    • Pressure sensitive tapes

    • Consumers

    • Other

Adhesives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Mexico

        • Europe

        • Germany

        • U.K.

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

Sealants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com