Aerospace Industry Substantiates Thermoplastic Composites Market Growth
Global Thermoplastic Composites Market - Overview

The emergence of thermoplastic composites as a strongly viable alternative to metal is boosting the market development consistently. Market reports associated with the chemicals and materials industry have been made available by Market Research Future who publishes reports on other sectors that have been presently published along with a report on this industry. The Thermoplastic Composites Market was marked at a value of USD 22.2 billion in 2020 and it is further expected to grow at a higher CAGR of 7.5% during the forecasted period to account for a higher market value of approximately USD 31.8 billion by the end of the forecasted period.

Its benefits in terms of low processing and manufacturing cost and good insulation properties are prompting the considerable market expansion favorably. The requirement for stronger, lightweight materials in the aerospace, defense and wind energy sectors is increasing the level of demand that the market is experiencing. Also, the investments by Major players manufacturing the thermoplastic composites market products to meet increasing demand from diverse end-use industries will create an optimistic growth outlook for the market in the forecast period.

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Global Thermoplastic Composites Market – Prominent Players
BASF SE (Germany),LANXESS (Germany),TEIJIN LIMITED (Japan),SABIC (Saudi Arabia),Koninklijke Ten Cate B.V. (the Netherlands),DSM N.V. (the Netherlands),Celanese Corporation (US),SGL Carbon SE (Germany),Arkema Group (France),DuPont (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Thermoplastic Composites Market.

Market Dynamics -

The growth of the global thermoplastic composites market is sustained by the aerospace and defense industry where the product is gaining increased acceptance as a key material for the production of primary as well as secondary aerospace structures. Thermoplastic composites can be tailored to meet the exacting needs of aerospace manufacturers. These materials serve the need for durable, lightweight, heat & weather resistant materials for aircraft engine and other aerospace components. Higher strength-to-weight ratio of thermoplastic composites makes them ideally suited for ideally suited for application across the wind & energy sector where they are used in the production of wind turbine, and pipes & tanks.

The automotive industry is also a key end user of the global thermoplastic composites market. There is intense pressure on automotive OEMs to reduce vehicle mass to enhance fuel economy and comply with carbon emission standards. They are progressively incorporating thermoplastic composites in automotive components which augur the growth of the global thermoplastic composites market.

Other factors fostering the growth of the market include towering demand from end-user industries, growth within the global thermoplastic market.

In contrast, problems associated with cost, unfamiliar processing, design issues, and competition from alternatives are likely to undermine the growth of the market. Meanwhile, rigorous R&D activities aimed at overcoming the shortcomings of thermoplastic composites is expected to yield positive results which would further enhance the growth of the global thermoplastic composites market.

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Thermoplastic Composites Market - Segments:

The global Thermoplastic Composites Market Growth has been segmented based on product type, fiber type, and end-use industry.

By product type, the global thermoplastic composites market has been segmented into short fiber reinforced thermoplastic (SFRT), long fiber reinforced thermoplastic (LFRT), continuous fiber reinforced thermoplastic (CFRT), and glass mat thermoplastics (GMT).

By fiber type, the global thermoplastic composites market has been segmented into fiberglass and carbon fiber. The fiberglass segment accounts for the largest share of the market.

By end-use industry, the global thermoplastic composites market has been segmented into aerospace & defense, wind energy, automotive, building & construction, sports, and others. The aerospace & defense segment is the leading segment. High usage of thermoplastic composites within the industry can be credited for the growth of the segment.

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Global Isobutyl Acrylate Market is likely to be propelled by Growing Building and Construction Industry around the World
Global Isobutyl Acrylate Market - Overview

Acrylate is a conjugate ester, salt and base of acrylic acid. Its structural formula consists a vinyl group attached to the carbonyl carbon in acrylic acid. Isobutyl acrylate is one of the esters of acrylic acid. It is a clear colorless chemical compound available in liquid form in the market. Global Construction Adhesives Markets is estimated to reach ~USD 11 billion by the end of 2023 at CAGR of 5.50%.

Isobutyl acrylate polymerizes exothermically in the presence of heat and light. Isobutyl forms homopolymers and copolymers with acrylic acids, its other esters, and methacrylate. Application of Isobutyl Acrylates can be found in diverse sectors including construction, paints & coatings, plastics manufacturing, packaging and automotive. It is also majorly used as a feedstock in number of commercial chemical reactions. Global construction adhesives market is anticipated grow at considerable CAGR, which may drive the demand of Isobutyl Acrylate as an adhesives. Surge in the disposable income of people in developing countries is favoring the growth of major end use industries such as building & construction, decorative, and automobile. This in turn is expected to propel growth of the Global Isobutyl Acrylate Market. The toluene oxidation process is gaining traction across various end-use industries including the F&B sector owing to higher safety parameter.

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Global Isobutyl Acrylate Market – Prominent Players
Key players in the Global Isobutyl Acrylate Market are BASF SE (Germany), Mitsubishi Chemical Corporation (Japan), BAMM (U.S.), OSAKA ORGANIC CHEMICAL INDUSRTY LTD. (Japan), NIPPON SHOKUBAI CO., LTD. (JAPAN), Sigma-Aldrich Co. LLC. (U.S.), Solventis Limited (U.K), and others., are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Isobutyl Acrylate Market.

Market Boosters and Barriers

A significant percentage of global Isobutyl Acrylate consumption is accounted by aroma chemical manufacturing. Agrochemical and pharmaceutical are the other major end-use industries of Isobutyl Acrylate. Growing demand for aromatic chemicals worldwide is proving an impetus to the global Isobutyl Acrylate Market. The product is also witnessing widespread popularity in in the pharmaceutical sector; it is increasingly used as an active pharmaceutical ingredient (API). The agrochemical sector also presents lucrative opportunities to market players. Demand for Isobutyl Acrylate is rising sharply in the agrochemicals industry.

Demand for food grade Isobutyl Acrylates is also growing at a substantial pace. Growth of the F&B sector and increased consumption of packaged food worldwide is fuelling the demand for food grade Isobutyl Acrylate. The product also finds application in dyestuff manufacturing and fragrance and flavour creation. Such factors are expected to support the growth of the global Isobutyl Acrylate Market during the assessment period. Nonetheless, unstable crude oil prices may have ramification on supply and availability of raw materials use for Isobutyl Acrylate production. At the same time, stringent regulations on manufacturing and used of Isobutyl Acrylate Market Size is somewhat undermines the market potential. In developing countries, the unfragmented nature of the market also remains a challenge.

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Isobutyl Acrylate Market - Segments:

The Global Isobutyl Acrylate Market is segmented on the basis of application, end use industry, and region. On the basis of application the market is divided into adhesives, sealants, coatings, plasticizers, thermoplastics and chemical intermediates. Among these applications, use of isobutyl acrylates as adhesives and sealants is holding major share of overall demand of Isobutyl Acrylate Industry.

APAC to Spearhead the Global Benzaldehyde Market over 2030
Global Benzaldehyde Market - Overview

Benzaldehyde also referred to benzoic aldehyde or benzenecarboxy aldehyde. It is a colourless substance and holds a pleasant odour. Benzaldehyde is extensively used as a synthesiser in various chemical additives and aromatic chemicals. As per a report published by Market Research Future (MRFR), the global benzaldehyde market was esteemed at USD 225.0 million of every 2015 and is required to arrive at USD 282.7 million before the finish of 2022, extending at a CAGR of 3.5 % from 2021 to 2030.

Benzaldehyde Market is commonly produced by chlorination of toluene, however, manufacturers are opting for other ways of production owing to safety issues associated to chlorination. Benzaldehyde, which is produced by chlorination of toluene is not permitted for use by the food industry. The toluene oxidation process is gaining traction across various end-use industries including the F&B sector owing to higher safety parameter.

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Global Benzaldehyde Market – Prominent Players
Emerald Performance Materials LLC,Gujarat Alkalies and Chemicals Limited,LANXESS AG,Kadillac Chemicals Pvt Ltd,Jiangsu Jiamai Chemical Co. Ltd,Wuhan Dico Chemical Co. Ltd,Penta S.R.O,Taj Pharmaceutical Limited, are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Benzaldehyde Market.

Market Boosters and Barriers

The benzaldehyde market is witnessing a healthy growth backed by consistent socio-economic improvement in developing countries. This has led to a higher purchasing capacity of people and has resulted in the growth of major end-use sectors like personal care and food and beverage. The compound’s escalating use as a flavoring agent and in the manufacturing of fragrances can translate into significant market growth over the coming years. Since the COVID-19 outbreak, the demand for soaps and detergents has risen strikingly, as the population is focusing on hygiene and cleanliness. As a result, the demand for the benzaldehyde market is projected to heighten rapidly in the following years.
A significant percentage of global benzaldehyde consumption is accounted by aroma chemical manufacturing. Agrochemical and pharmaceutical are the other major end-use industries of benzaldehyde. Growing demand for aromatic chemicals worldwide is proving an impetus to the global benzaldehyde market. The product is also witnessing widespread popularity in in the pharmaceutical sector; it is increasingly used as an active pharmaceutical ingredient (API). The agrochemical sector also presents lucrative opportunities to market players. Demand for benzaldehyde is rising sharply in the agrochemicals industry.

Demand for food grade benzaldehydes is also growing at a substantial pace. Growth of the F&B sector and increased consumption of packaged food worldwide is fuelling the demand for food grade benzaldehyde. The product also finds application in dyestuff manufacturing and fragrance and flavour creation. Such factors are expected to support the growth of the global benzaldehyde market during the assessment period. Nonetheless, unstable crude oil prices may have ramification on supply and availability of raw materials use for benzaldehyde production. At the same time, stringent regulations on manufacturing and used of Benzaldehyde Market Size is somewhat undermines the market potential. In developing countries, the unfragmented nature of the market also remains a challenge.

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Benzaldehyde Market - Segments:

Benzaldehyde industry can be segmented with respect to derivatives as well as application.

The derivatives of benzaldehyde are benzoic acid, cinnamic acid, benzyl alcohol, sodium benzoate, and others. The benzoic acid segment has captured the biggest share in the global market as this derivative is widely used in pharmaceutical, chemical and food and beverages industries. It has a number of functional features such as antifungal and antibacterial effects and is a natural compound present in fruits like raspberries, prunes, prunes, cranberries, and plums.

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Electrostatic Discharge Packaging Market Driven by Growing Demand for Consumer Electronics, Communication Equipment
Global Electrostatic Discharge Packaging Market - Overview

The global Electrostatic Discharge Packaging Market is expected to exhibit a strong 8.2% CAGR over the forecast period from 2022 to 2030, according to the latest research report from Market Research Future (MRFR). The report studies the global electrostatic discharge packaging market in detail to find out more about the market’s leading drivers and restraints, key segments, and dominant players.

The global electrostatic discharge packaging market is mainly driven by the growing global demand for the manufacturing and transportation of electronic components. The growing manufacturing of computers, smartphones, and other networking infrastructure is likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the demand for electrical and electronic components is likely to grow over the forecast period and beyond with the rising reliance on digital communication media. Electrostatic discharge packaging protects the product from the effects of electrostatic discharge, which can hamper a product even before it is sold and considerably reduce its operational lifetime.

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Global Electrostatic Discharge Packaging Market – Prominent Players
The notable players profiled in the global Electrostatic Discharge Packaging Market report include Summit Packaging Solutions (U.S.),GWP Group Limited (U.K.),Desco Industries Inc. (U.S.),Teknis Limited (U.K.),Protektive Pak (U.S.),Tandem Equipment Sales, Inc. (U.S.),Static (U.S.),Elcom UK Ltd (U.K.)

Electrostatic Discharge Packaging Market Dynamics

The Electrostatic discharge packaging is also called as antistatic packaging. Static can be caused by various factors such as including other devices, friction or even the weather. Electrostatic discharge packaging is vital for the safe transportation and storage of most electronic products. Also, the operational requirement among original equipment manufacturers to isolate ESD sensitive items, components and devices during manufacturing, assembling and shipping has led to such specific packaging need catered by packaging manufacturers.

The growing demand for smartphones and other consumer electronics is likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the growing demand for consumer electronics is likely to result in an increasing demand for the transportation of the same from the manufacturing sites to the assembly units. The growing demand for communication network infrastructure is also likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the operations of the industrial sector as well as other, service-oriented sectors such as BFSI, healthcare, and government, are likely to rely increasingly on digital, 21st-century communication methods in the coming years.

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Electrostatic Discharge Packaging Market - Segments:


The global electrostatic discharge packaging market share is segmented on the basis of product, end use, and region.

By product, the global electrostatic discharge packaging market is segmented into bags, trays, boxes and containers, ESD foams, and others.

By end use, the global electrostatic discharge packaging market is segmented into communication network infrastructure, consumer electronics, computer peripherals, automotive, and others.

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Electrostatic Discharge Packaging Market - Regional Analysis:

The global electrostatic discharge packaging market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.

Rising Demand for Construction, Shipbuilding to Drive Global Crane Market
Global Crane Market - Overview

Market Research Future (MRFR) has announced a new report on the global crane market. The report looks at the various factors affecting the global cranes market’s development, including its historical development, present conditions, and likely future growth potential. The global crane market is expected to grow at a strong 4.96% CAGR over the forecast period from 2021 to 2030.

Cranes are mechanical devices used to lift or carry heavy loads. They utilize a mechanical advantage to lift heavy loads and are mostly used in construction applications, in addition to being used in mining and oil and gas applications. Cranes are among the first construction tools built by mankind, with the basic principle behind gaining a mechanical advantage through cranes being a well-known fact since the time of Ancient Greece. With the introduction of motor power, design changes were made in subsequent years to make cranes equipped to deal with the sea change around them. The growth of the construction industry has driven the global crane market in recent years and is likely to remain the major driving factor for the global crane market size over the forecast period.

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Global Crane Market – Prominent Players
Xuzhou Construction Machinery Group Co., Ltd. (China), Tadano Ltd. (Japan), Shanghai Zhenhua Heavy Industry Co. Ltd. (China), The Manitowoc Company, Inc. (the USA), Cargotec Oyj (Finland), Manitex International Inc. (USA), Liebherr Group (Switzerland), Terex Corporation (USA), Sumitomo Heavy Industries Construction Crane Co., Ltd (Japan), and Konecranes PLC (Finland), among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Crane Market.

Cranes are heavy equipment primarily used for lifting large loads and their transportation to other places. Cranes are widely used in building and constructions, mining, shipyards and marine sector. Growing construction and infrastructure sector across the globe, is the primary driving force behind the crane market growth. Technological innovations in crane models are influencing the market growth positively, leading to the emergence of lighter and more energy efficient cranes.

Although existing since decades cranes are still evolving, constantly undergoing a number of transformations. Evidently, manufacturers bringing up these transformations account for the major driving forces behind pushing the market growth up. Technological advancement transpired in the field are increasing the adoption of cranes escorting its market value to an unparalleled level, globally. The factors driving the growth of the crane market are constant upgradation of the manufacturing plants and the expansion and upgradation of power grids and distribution networks.

Other notable technology innovations include the dramatic growth in the population and industrialization in many developing countries. Not only does the large-scale industrialisation create a need for rapid improvements in infrastructure, but also demands higher-quality infrastructure.


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Crane Market - Segments:


The global crane market is segmented on the basis of crane type, application, and region.

On the basis of crane type, the global crane market is segmented into mobile cranes, fixed cranes, and marine cranes.

On the basis of application, the global crane market is segmented into construction and infrastructure, mining, oil and gas, and others.

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Crane Market - Regional Analysis:

Global Crane Market -Regional Analysis

The Asia Pacific region accounts for the largest share in the global crane market, followed by Europe and North America, respectively. Rapidly growing construction activities in the region drive the market demand. Among APAC countries China, Singapore, Japan, and India account for the major markets.