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Petrochemicals Market Synopsis: The utilization of petrochemicals in the production process across different industry verticals has been fueling the market growth globally. Market Research Future (MRFR) has stated in its latest report that the global petrochemicals market will grow significantly at 6.7% CAGR throughout the forecast period 2017 to 2023. The market is projected to be valued at USD 1075.19 billion by 2023. The demand for petrochemicals has demonstrated an upswing and will persistently proliferate across the projection period due to the increased application in the production of detergents, plastics, soaps, drugs, solvents, paints, pesticides, fertilizers, drugs, synthetic fibers & rubbers, explosives, etc. The growing requirement of petrochemicals as a key ingredient for products such as televisions, furniture, electronic gadgets, aspirin, clothing, cars, etc. is accelerating the market to expand further. The initiatives undertaken by the governments for incentivizing...

Wearable Display Device Materials Market Highlights The global wearable display device materials market is estimated to be valued at USD 4,157.2 million by 2023 and is expected to register a CAGR of 13.05% during the forecast period. The polycarbonate substrate segment dominated the global market owing to its unique properties such as non-toxicity, biologically inertness, recyclability, and cost-effectiveness, which make it an excellent choice for the substrate material. By adhesives, the silicone adhesive segment accounted for 38% of the overall market share in 2017 and is expected to register a substantial CAGR during the review period. The growth of the conductive coatings segment is attributed to the advantages such as reduced coating thickness, improved electrical properties, good adhesion, durability, and design adaptability. The smartwatches end-use segment is estimated to reach a value of USD 1,910.7 million by the end of the review period. Wearable Display Device...

Transparent Conductive Films Market Overview Transparent conducting films are electrically conductive materials, majorly used as solar cells. Their application in the touch screen of smartphones and flat panel televisions is estimated to boost the demand. Transparent conducting films have high-performance and long-lasting properties, which make them ideal for application in electronic devices and flexible screens. For instance, the revenue from the sale of smartphones was USD 479 billion in 2017 and is expected to grow in the coming years, thus increasing the application of transparent conducting films in smartphones is positively influencing the global market growth. The high demand for suitable transparent conductive film for application in flexible electronic devices is driving market growth. Silver nanowires are extensively used in flexible electronic devices and transparent heaters owing to their unique mechanical, optical, thermal, and electrical properties. Further, the incr...

Silicone Film Market insights Market Research Future predicted that the global silicone film market is set to attain the highest growth during the forecast period, 2018-2023. The silicone film application in packaging applications is believed to grow at a considerable rate due to its superior, cost-effective properties, high heat resistance, and durability. Silicone film is used in flexible packaging. Flexible packaging applications mainly include food and confectionery, tobacco, and clothing. In addition, due to superior economic benefits, the use of silicone film should increase. The growing packaging industry, with growing demand for packaged foods and beverages for longer shelf life and ease of use, is likely to stimulate demand. In addition, the demand for high quality and nutritious beverages is increasing rapidly due to changes in the dietary habits of occasional consumers, which is probably the growing bottle market and, which escalates the demand for silicone films. Silicone f...

Soy Derivatives Market Highlights Soy is a commonly consumed food product, especially by health-conscious individuals, due to its high protein content. Soy meal, a primary ingredient in livestock feed, contains approximately 40%–45% protein. It is a high-fiber and high protein derivative obtained after the extraction of oil and is used as animal feed for poultry, cattle, and other livestock. However, soy derivatives are a common cause of various allergic reactions such as asthma, anaphylactic shock, and allergic rhinitis in humans, which is expected to impede the growth of the global soy derivatives market. Soy Derivatives Market Segments  The global  COVID-19 analysis on soy derivatives market  has been segmented based on type, category, application, and region. According to type, the global soy derivatives industry has been divided into soy oil, soy meal, soy protein, soy lecithin, soy milk, and others. The soy protein segment has further been c...

Activated Carbon Market Overview Market Research Future  (MRFR) announces the publication of its research report Global   Activated Carbon Market, 2023. The activated carbon market in Asia-Pacific is expected to register significant growth during the review period owing to the increasing need for purification and treatment of water in the household, commercial, and industrial sources. The scarcity of water in the region has driven the concern over water re-use and hence the demand for activated carbon in water purification purpose in the region. The regulations pertaining to the treatment and release of industrial waste effluents by the government bodies are expected to fuel the demand for activated carbon in the coming years. Moreover, the robust growth of the chemicals, food & beverage, and energy industries in the economies of China, India, and Indonesia is further expected to boost the product demand in the regional market. The significant growth of the automotive...

Sodium Methylate Market Segmentation The global sodium methylate market has been segmented by product type, application, and region. On the basis of product type, the global market has been segmented into sodium methylate powder and sodium methylate solution. Sodium methylate is mostly produced in powdered form as it finds increasing applications in pharmaceuticals, dyes, perfumes, and organic intermediates. Sodium methylate powder is a strong reducing agent and reacts aggressively with the oxidants. It is widely used as a catalyst in the production of biodiesel. Sodium methylate solution is a versatile intermediate that is used in a variety of organic syntheses. Based on application, the global market has been divided into pharmaceuticals, biodiesel, life sciences, chemicals, food processing, flavor & fragrances, and others. The pharmaceuticals application segment accounted for the largest share of the global sodium methylate market in 2017. The growing pharmaceuticals industry wi...

Mobile Emission Catalysts   Market Overview Mobile emission catalysts are components in the automobile emission control systems that reduce the emission of nitrogen oxides, carbon monoxides, hydrocarbons, and other particulate matter. Oxidation catalysts based on precious metals such as palladium, platinum, and rhodium are mainly used in the emission control mechanisms of automobiles. The increasing demand for these catalysts in Asia-Pacific is likely to contribute to the growth of the global market in the years to follow. Mobile Emission Catalysts   Market Segmentation The global  COVID-19 analysis on mobile emission catalysts market  has been categorized on the basis of precious metal, technology, vehicle type, and region. Based on precious metal, the global market has been divided into platinum, palladium, rhodium, and others. Among these, the palladium is expected to be the dominant segment during the forecast period. This is mainly attributed to the increasing d...

Thermochromic Pigments   Market Overview Thermochromic pigments are materials which change color with change in temperature. These pigments are temperature-sensitive which use liquid crystal technology which leads to change in the color of liquid crystals. These pigments are widely used in traffic signs, printing inks, fire-fighting equipment, emergency signs, novelty decorations, path marking, instruments and controls. By product, the global  COVID-19 analysis on thermochromic pigment market  has been classified into liquid crystal material, leuco dyes, and inorganic materials. The liquid crystal material segment accounted for the largest market share in 2017 and is expected to grow at a high CAGR during the forecast period owing to its consumption in precision applications as their responses can be engineered at accurate temperatures. They are widely used in electronics and in mood rings. Based on pigment type, the global thermochromic pigment market report...

Silicone Sealants   Market Overview Silicone sealants are the viscous materials which are widely used as a silicone sealant. The silicone sealants are highly stable, inert, resistant to the extreme work environments. The silicone sealants differ from the common adhesives in terms of the elasticity, strength and durability. The substantial physical properties exhibited by the silicone sealants includes the high withstand ability for a wider range of temperature (75°F to 500°F) as compared to nearly all other sealants, great elongation, high wear and tear strength, and high flexibility. Silicone Sealants   Market Segmentation The global silicone sealants market has been segmented on the basis of technology, end-use, and region. Based on technology, the global  silicone sealants market  analysis  has been segmented into pressure sensitive, radiation curing, ambient temperature vulcanizing, thermoset and others. Among these, the pressure sensitive segment is project...

High-Performance Composites   Market Overview High-performance composites materials are a combination of at least two different constituents.  Due to its unique combination high performance composites have superior properties such as greater stiffness, strength and thermal conductivity. It comprises of a thermoplastic resin and matrix reinforced by fibers. Compared to conventional materials such as metal and alloys, high performance composites have lighter, stronger, and stiffer attributes. Furthermore, these composites can be customized to exhibit high electrical or thermal conductivity, sensor capabilities, and stealth characteristic. The demand for high performance composites is increasing owing to the rising investments for innovating high strength lightweight materials by aerospace manufacturers. Reduction of weight saves fuel, thereby, decreasing the cost and thus results in fuel efficiency. The ability to withstand the extreme weather conditions of high-performance comp...

Steel Fiber Market Overview The manufactured fibers which mainly composed of steel, metal-coated plastic, plastic-coated steel, or a steel core. The steel fibers are generally produced from the steel alone or in combination with other substances. The filaments below 100 µm in diameter are considered as fibers. The product exhibits substantial physical and electrical properties such as high corrosion and thermal resistance good electric and heat conductivity, and excellent Electromagnetic Interference (EMI) shielding capabilities. These types of metal fibers are widely used throughout various consumer and industrial applications such as construction, transportation, and mining. Based on type, the global  steel fiber market size  has been segmented into hooked steel fiber, straight steel fiber, deformed steel fiber, and crimped steel fiber. The hooked steel fiber held the largest share of this market owing high demand for the product in the concrete reinforcement for building br...