Tallow Fatty Acids Market Is Likely to Experience a Strong Growth During 2022-2027 [news]
Stratview Research has published a new report on the Tallow Fatty Acids Market, segmented by Product Type (Saturated Fatty Acids [Stearic Acid, Myristic Acid, and Palmitic Acid], Monounsaturated Fatty Acids, and Polyunsaturated Fatty Acids), by End-User Type (Soaps & Detergents, Rubber, Plastics, Personal Care Products, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Tallow Fatty Acids Market is likely to witness a CAGR of 2.8% during the forecast period. Growing rubber and plastics industry and rising product demand in manufacturing soaps & detergents are some of the key factors accelerating the growth of the market over the forecast period.
To know more about the covid impact on the market, click here: https://www.stratviewresearch.com/Request-Sample/2429/Tallow-Fatty-Acids-Market.html#form
Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Tallow Fatty Acids Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the product type, the market is segmented as saturated fatty acids, monounsaturated fatty acids, and polyunsaturated fatty acids. Saturated fatty acid is estimated to witness significant growth in the market during the forecast period on account of its wide utilization in production of soaps & detergents, oilfield chemicals and pharmaceuticals, and rubber & plastics. On the other hand, monounsaturated fatty acids are estimated to hold significant share of the market owing to growing cosmetic products’ demand among consumers.
Based on the end-user type, the market is segmented as soaps & detergents, rubber, plastics, personal care products, and others. Soaps & detergents are estimated to account for the major share of the market over the forecast period. Tallow fatty acid is mainly used in manufacturing soaps, owing to its high conditioning and moisturizing properties, which drives the growth of the segment. Thus, vigorous growth in the cleaning and detergents industry on account of improving consumer lifestyle is expected to fuel the growth of the market. On the other hand, rubber is estimated to witness significant growth in the market, majorly on account of increasing automobile manufacturing and sales, eventually giving rise to the product demand for tire manufacturing.
Following are the key players in the Tallow Fatty Acids Market:
• AkzoNobel
• BASF SE
• Chemol Company Inc.
• Emery Oleochemicals
• FerroMac International NV
• Godrej Industries
• LG Household and Healthcare, Limited
• Twin Rivers Technologies
• Vantage Oleochemicals, Inc.
• VVF LLC.
About Stratview Research-
Stratview Research is a global market intelligence firm having a strong team of industry veterans and research analysts. Stratview Research has been serving multiple clients across a wide array of industries. Our services cover a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, we believe in building long term relations with our clients.
Connect with our team here–
https://www.stratviewresearch.com/contact
Or
Call us @: +1-313-307-4176
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Tallow Fatty Acids Market is likely to witness a CAGR of 2.8% during the forecast period. Growing rubber and plastics industry and rising product demand in manufacturing soaps & detergents are some of the key factors accelerating the growth of the market over the forecast period.
To know more about the covid impact on the market, click here: https://www.stratviewresearch.com/Request-Sample/2429/Tallow-Fatty-Acids-Market.html#form
Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Tallow Fatty Acids Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the product type, the market is segmented as saturated fatty acids, monounsaturated fatty acids, and polyunsaturated fatty acids. Saturated fatty acid is estimated to witness significant growth in the market during the forecast period on account of its wide utilization in production of soaps & detergents, oilfield chemicals and pharmaceuticals, and rubber & plastics. On the other hand, monounsaturated fatty acids are estimated to hold significant share of the market owing to growing cosmetic products’ demand among consumers.
Based on the end-user type, the market is segmented as soaps & detergents, rubber, plastics, personal care products, and others. Soaps & detergents are estimated to account for the major share of the market over the forecast period. Tallow fatty acid is mainly used in manufacturing soaps, owing to its high conditioning and moisturizing properties, which drives the growth of the segment. Thus, vigorous growth in the cleaning and detergents industry on account of improving consumer lifestyle is expected to fuel the growth of the market. On the other hand, rubber is estimated to witness significant growth in the market, majorly on account of increasing automobile manufacturing and sales, eventually giving rise to the product demand for tire manufacturing.
Following are the key players in the Tallow Fatty Acids Market:
• AkzoNobel
• BASF SE
• Chemol Company Inc.
• Emery Oleochemicals
• FerroMac International NV
• Godrej Industries
• LG Household and Healthcare, Limited
• Twin Rivers Technologies
• Vantage Oleochemicals, Inc.
• VVF LLC.
About Stratview Research-
Stratview Research is a global market intelligence firm having a strong team of industry veterans and research analysts. Stratview Research has been serving multiple clients across a wide array of industries. Our services cover a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, we believe in building long term relations with our clients.
Connect with our team here–
https://www.stratviewresearch.com/contact
Or
Call us @: +1-313-307-4176
Sugar-Based Excipients Market Size, Share, Leading Players and Analysis up to 2026 [news]
Stratview Research has published a new report titled “Sugar-Based Excipients Market” which is segmented By Product (Actual Sugars, Sugar Alcohols, Artificial Sweeteners), Type (Powder/Granule, Crystal, Syrup), Functionality (Filler & Diluent, Tonicity Agents, Other), Formulation (Oral Formulations, Parenteral Formulations, Topical Formulations) and Region.
As per the study, the Sugar-Based Excipients Market is expected to grow from USD 1.1 billion in 2020 to USD 1.4 billion by 2026 at a CAGR of over 4.1% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on formulation, the market has been segmented into oral formulations, parenteral formulations, and topical formulations. The oral formulations segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to the increasing development of orally disintegrating tablets (ODTs).
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the presence of an established pharmaceuticals industry coupled with increasing spending on orally disintegrating tablets. The market in Asia-Pacific is expected to be driven by the increasing growth of the pharmaceuticals industry in developing countries, particularly China and India.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Sugar-Based Excipients Market:
• Ashland Global Specialty Chemicals Inc. (US)
• The Archer-Daniels-Midland Company (US)
• BASF SE (Germany)
• DFE Pharma (Germany)
• Roquette (France)
• Associated British Foods plc (UK)
• Cargill, Inc. (US)
• Colorcon Incorporated (US)
• FMC Corporation (US)
• The Lubrizol Corporation (US)
• Meggle (Germany)
Key questions answered by the report
- What is the projected CAGR for revenue from the Sugar-Based Excipients Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Sugar-Based Excipients Market?
- Which are the major market players?
Request a sample here- https://www.stratviewresearch.com/Request-Sample/2479/Sugar-Based-Excipients-Market.html#form
Custom Research:
Stratview research delivers custom research services across the sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, the Sugar-Based Excipients Market is expected to grow from USD 1.1 billion in 2020 to USD 1.4 billion by 2026 at a CAGR of over 4.1% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on formulation, the market has been segmented into oral formulations, parenteral formulations, and topical formulations. The oral formulations segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to the increasing development of orally disintegrating tablets (ODTs).
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the presence of an established pharmaceuticals industry coupled with increasing spending on orally disintegrating tablets. The market in Asia-Pacific is expected to be driven by the increasing growth of the pharmaceuticals industry in developing countries, particularly China and India.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Sugar-Based Excipients Market:
• Ashland Global Specialty Chemicals Inc. (US)
• The Archer-Daniels-Midland Company (US)
• BASF SE (Germany)
• DFE Pharma (Germany)
• Roquette (France)
• Associated British Foods plc (UK)
• Cargill, Inc. (US)
• Colorcon Incorporated (US)
• FMC Corporation (US)
• The Lubrizol Corporation (US)
• Meggle (Germany)
Key questions answered by the report
- What is the projected CAGR for revenue from the Sugar-Based Excipients Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Sugar-Based Excipients Market?
- Which are the major market players?
Request a sample here- https://www.stratviewresearch.com/Request-Sample/2479/Sugar-Based-Excipients-Market.html#form
Custom Research:
Stratview research delivers custom research services across the sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Time-of-Flight Sensor Market Projected to Grow at a Steady Pace During 2021-2026 [news]
July 11, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Time-of-Flight Sensor Market.
It was estimated prior to this unanticipated outbreak that the Time-of-Flight Sensor Market is likely to witness a healthy CAGR of 16.8% during the forecast period. Increasing penetration of ToF sensors in the automotive industry as they offer gesture control systems over a variety of functions to drivers and growing adoption of the ToF sensor technology in smartphones for features such as front-facial recognition and rear-facing applications, are the key growth drivers of the market during the forecast period.
Market Scope & Segmentation
Time-of-Flight (ToF) Sensor is a remote sensing method, which uses infrared light pulse to detect and measure distances very accurately by measuring the return time of pulse.
Time-of-Flight (ToF) Sensor is a cost-effective technology which can measure long-range distances with high accuracy at a very faster rate. It has been used for a wide range of applications which can be classified into gesture and non-gesture.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
To know more about the topic, click here:
https://www.stratviewresearch.com/1731/time-of-flight-(ToF)-sensor-market.html
Segment Analysis
Based on the application type, the Time-of-Flight (ToF) sensor market is segmented as augmented reality & virtual reality, LiDAR, machine vision, 3D imaging & scanning, and robotics & drone. The 3D imaging & scanning segment is expected to remain the largest and the fastest-growing segment of the market during the forecast period, owing to its increasing adoption due to ease of usage, and their growing application in phones and consumer devices.
Based on the end-use industry type, the market is segmented automotive, consumer electronics, gaming & entertainment, industrial, healthcare, and aerospace & defense. The consumer electronics segment is expected to remain the largest and the fastest-growing end-use industry type of the market during the forecast period, owing to its increasing adoption in smartphones and consumer devices on account of its reliability, durability, efficiency at lower cost.
In terms of regions, Asia-Pacific is expected to remain the dominant as well as the fastest-growing region in the market over the coming five years owing to the fastest-growing automotive industry, largest consumer electronics, healthcare, and pacing aerospace & defense industry in the region. Industrialization, urbanization, and rising disposable income in the emerging economies will significantly continue to propel the demand for Time-of-Flight (ToF) sensors in the region during the forecast period. Organic growth of the automotive industry with increasing penetration of selfless-driving modules and gesture-control systems is also likely to boost the demand for Time-of-Flight (ToF) sensors in the region.
Key Players:
Key players operating in the global Time-of-Flight Sensor market are-
• Texas Instruments Incorporated
• STMicroelectronics N.V.
• Infineon Technologies AG
• Panasonic Corporation
• Teledyne Technologies Incorporated
• Keyence Corporation
• PMD Technologies AG
• Sharp Corporation
• Sony Corporation
• Melexis N.V.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Time-of-Flight Sensor analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
It was estimated prior to this unanticipated outbreak that the Time-of-Flight Sensor Market is likely to witness a healthy CAGR of 16.8% during the forecast period. Increasing penetration of ToF sensors in the automotive industry as they offer gesture control systems over a variety of functions to drivers and growing adoption of the ToF sensor technology in smartphones for features such as front-facial recognition and rear-facing applications, are the key growth drivers of the market during the forecast period.
Market Scope & Segmentation
Time-of-Flight (ToF) Sensor is a remote sensing method, which uses infrared light pulse to detect and measure distances very accurately by measuring the return time of pulse.
Time-of-Flight (ToF) Sensor is a cost-effective technology which can measure long-range distances with high accuracy at a very faster rate. It has been used for a wide range of applications which can be classified into gesture and non-gesture.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
To know more about the topic, click here:
https://www.stratviewresearch.com/1731/time-of-flight-(ToF)-sensor-market.html
Segment Analysis
Based on the application type, the Time-of-Flight (ToF) sensor market is segmented as augmented reality & virtual reality, LiDAR, machine vision, 3D imaging & scanning, and robotics & drone. The 3D imaging & scanning segment is expected to remain the largest and the fastest-growing segment of the market during the forecast period, owing to its increasing adoption due to ease of usage, and their growing application in phones and consumer devices.
Based on the end-use industry type, the market is segmented automotive, consumer electronics, gaming & entertainment, industrial, healthcare, and aerospace & defense. The consumer electronics segment is expected to remain the largest and the fastest-growing end-use industry type of the market during the forecast period, owing to its increasing adoption in smartphones and consumer devices on account of its reliability, durability, efficiency at lower cost.
In terms of regions, Asia-Pacific is expected to remain the dominant as well as the fastest-growing region in the market over the coming five years owing to the fastest-growing automotive industry, largest consumer electronics, healthcare, and pacing aerospace & defense industry in the region. Industrialization, urbanization, and rising disposable income in the emerging economies will significantly continue to propel the demand for Time-of-Flight (ToF) sensors in the region during the forecast period. Organic growth of the automotive industry with increasing penetration of selfless-driving modules and gesture-control systems is also likely to boost the demand for Time-of-Flight (ToF) sensors in the region.
Key Players:
Key players operating in the global Time-of-Flight Sensor market are-
• Texas Instruments Incorporated
• STMicroelectronics N.V.
• Infineon Technologies AG
• Panasonic Corporation
• Teledyne Technologies Incorporated
• Keyence Corporation
• PMD Technologies AG
• Sharp Corporation
• Sony Corporation
• Melexis N.V.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Time-of-Flight Sensor analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Bio-Lubricants Market Size to Expand Significantly by the End of 2027 [news]
July 11, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Bio-Lubricants Market.
It was estimated prior to this unanticipated outbreak that the Bio-Lubricants Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The prime factor that is contributing to the demand for industrial absorbents is mainly the rising sternness of environment-related regulations on chemical and oil spills.
Market Scope & Segmentation
Bio-Lubricants are triglyceride esters obtained from plant oil, animal fat or mineral oil-based products. Such lubricants are both rapidly biodegradable and non-toxic to humans and aquatic environments. The rising demand for eco-friendly products all across the globe is augmenting the demand for bio-lubricants. However, high cost in comparison to petroleum-based products might hinder the market growth.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
To know more about the topic, click here:
https://www.stratviewresearch.com/894/bio-lubricants-market.html
Segments' Analysis
Based on the oil type, the market is segmented as vegetable oil, animal fat, and others. The vegetable oil segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of the vegetable oil segment is attributed to multiple applications, oxidative stability, and high performance. Growing concerns for wildlife conservation are also likely to boost the growth of vegetable oil over the animal fat segment.
Based on the application type, the market is segmented as hydraulic fluids, metalworking fluids, chainsaw oils, mold release agents, gear oils, two-cycle engine oils, greases, and others. The hydraulic fluid segment accounted for the largest share in 2019, owing to high demand from hydraulic elevators, sweepers, garage trucks, fork lifts, motor graders, and front-end loaders. This segment is estimated to maintain its dominance during the forecast period as well.
Based on the end-use industry type, the market is segmented as industrial, commercial transport, and consumer automobile. The industrial segment held the largest share of the market in 2019, and is expected to remain dominant over the forecast period. The dominance of the industrial segment is due to environmental regulations on the disposal of lubricants, ecolabels, and tax incentives for the use of bio-lubricants.
In terms of regions, North America is estimated to be the fastest-growing bio-lubricants market during the forecast period owing to various emission standards and the growing adoption of bio-degradable products. The growth of the market is driven by the evolution of various government initiatives to reinforce environmental regulation. Europe is also anticipated to offer significant growth opportunities over the forecast period, with Germany, France, Finland, Norway, and Italy being the major countries.
Key Players:
Key players operating in the global Bio-Lubricants market are-
• ExxonMobil Corporation
• Royal Dutch Shell Plc
• Total SA
• Chevron Corporation
• BP Plc
• Albemarle Corporation
• Fuchs Petrolub AG
• Panolin AG
• Klüber Lubrication München Se & Co. Kg
• Emery Oleochemicals
• Binol Lubricants.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Bio-Lubricants analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
It was estimated prior to this unanticipated outbreak that the Bio-Lubricants Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The prime factor that is contributing to the demand for industrial absorbents is mainly the rising sternness of environment-related regulations on chemical and oil spills.
Market Scope & Segmentation
Bio-Lubricants are triglyceride esters obtained from plant oil, animal fat or mineral oil-based products. Such lubricants are both rapidly biodegradable and non-toxic to humans and aquatic environments. The rising demand for eco-friendly products all across the globe is augmenting the demand for bio-lubricants. However, high cost in comparison to petroleum-based products might hinder the market growth.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
To know more about the topic, click here:
https://www.stratviewresearch.com/894/bio-lubricants-market.html
Segments' Analysis
Based on the oil type, the market is segmented as vegetable oil, animal fat, and others. The vegetable oil segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of the vegetable oil segment is attributed to multiple applications, oxidative stability, and high performance. Growing concerns for wildlife conservation are also likely to boost the growth of vegetable oil over the animal fat segment.
Based on the application type, the market is segmented as hydraulic fluids, metalworking fluids, chainsaw oils, mold release agents, gear oils, two-cycle engine oils, greases, and others. The hydraulic fluid segment accounted for the largest share in 2019, owing to high demand from hydraulic elevators, sweepers, garage trucks, fork lifts, motor graders, and front-end loaders. This segment is estimated to maintain its dominance during the forecast period as well.
Based on the end-use industry type, the market is segmented as industrial, commercial transport, and consumer automobile. The industrial segment held the largest share of the market in 2019, and is expected to remain dominant over the forecast period. The dominance of the industrial segment is due to environmental regulations on the disposal of lubricants, ecolabels, and tax incentives for the use of bio-lubricants.
In terms of regions, North America is estimated to be the fastest-growing bio-lubricants market during the forecast period owing to various emission standards and the growing adoption of bio-degradable products. The growth of the market is driven by the evolution of various government initiatives to reinforce environmental regulation. Europe is also anticipated to offer significant growth opportunities over the forecast period, with Germany, France, Finland, Norway, and Italy being the major countries.
Key Players:
Key players operating in the global Bio-Lubricants market are-
• ExxonMobil Corporation
• Royal Dutch Shell Plc
• Total SA
• Chevron Corporation
• BP Plc
• Albemarle Corporation
• Fuchs Petrolub AG
• Panolin AG
• Klüber Lubrication München Se & Co. Kg
• Emery Oleochemicals
• Binol Lubricants.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Bio-Lubricants analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Aeroengine Composites Market to Witness Robust Growth by 2024 [news]
July 11, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aeroengine Composites Market.
It was estimated prior to this unanticipated outbreak that the Aeroengine Composites Market is projected to grow at a Healthy CAGR during the forecast period. Composite materials earned a reputed image in the aerospace industry, owing to their excellent track record of more than five decades. With such incredible properties of composites in contrast to other materials, GE Aviation, Safran Aircraft Engines, Pratt & Whitney, and Rolls-Royce scrupulously started investing in the material in the critical section of an aeroengine. For an instance, in early 2014, Safran and Albany strategically collaborated to manufacture 3D Woven RTM composite aeroengine parts, such as composite fan cases, fan blades and outlet guide vanes, for the LEAP engine series, empowering B737 max, A320neo, and C919.
Aeroengine currently represents a small share of the total aircraft composites market but it is expected to grow at an impressive rate over the next five years. Increasing composite penetration in the latest aeroengines, such as LEAP, GEnx, GE9x, and passport 20 coupled with increasing production rates of the next-generation composite-rich aircraft A350XWB, B787, and F-35 is the major growth driver of the market. The incessant demand for fuel-efficient engines, increasing fan diameters of newer variants engines, and introduction of fuel-efficient variants of the best-selling aircraft with a greater composites content: A320neo and B737 max are further corroborating the growth of composites in aeroengines.
Airbus and Boeing, the two aircraft industry giants, are enjoying a huge order backlog of their major aircraft platforms. Boeing and Airbus had a combined total order backlog of 13,114 commercial aircraft by the April 2019. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for about the next eight years at current build rates. Also, they have been strategically raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period; however, recent crashes of two Boeing’s B737 max (Ethiopian Airlines Flight 302 and Lion Air Flight 610) have temporarily impacted the production of its best-selling model due to the aircraft grounding by many airlines, which, in turn, forced the airframer to reduce the monthly production from 52 per month to 42 per month.
Another trend, which has a mammoth impact on the adoption of composites in aeroengines, is the significant increase is the engine bypass ratio (BPR). BPRs have increased from 5:1 in the 1970s to 10:1 in the new LEAP engine and will be 15:1 for the Rolls-Royce UltraFan engine, which is aimed for entry into service in 2025. High-temperature-resistant composite materials, such as Ceramic Matrix Composites, are also marking their presence in aircraft engines, especially in the hotter section of the engine. For instance, GE Aviation, a leading engine OEM, is deploying five CMC components in its GE9x, the world’s largest turbofan engine, empowering the B777x.
To know more about the topic, click here:
https://www.stratviewresearch.com/485/aeroengine-composites-market.html
Segment Analysis
Based on the aircraft type, the aeroengine composites market is segmented as Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Helicopter, and Others. Wide-body aircraft is likely to remain the growth engine of the market during the forecast period. Increasing production rates of the next-generation aircraft programs A350XWB and B787 and increasing penetration of composites in newer variants of aircraft, such as B777x, are driving the wide-body aircraft segment. The narrow-body aircraft segment is driven by LEAP-1A empowering A320neo family, LEAP-1B empowering B737 max, and LEAP-1C empowering C919.
Based on the application type, the aeroengine composites market is segmented as Fan Blades, Fan Case, Outlet Guide Vanes, Shrouds, and Others. Fan blades and fan case together account for most of the aeroengine composites market and are likely to remain the dominant applications in the coming five years too. New-generation engine models, such as GEnx, GE9X, Pratt GTF, LEAP-1A, LEAP-1B, and LEAP-1C, contain both fan blades and fan case made of composites, which has led to a colossal share of both segments in the market. Development of new composite applications in engines by replacing traditional metallic components is further substantiating the growth of the aeroengine composites market. In the last decade, a sheer interest has been recorded for the use of ceramic matrix composites in various engine applications, such as shrouds, combustor liners, and nozzles.
Based on the composite type, the aeroengine composites market is segmented as Polymer Matrix Composites (PMC), Ceramic Matrix Composites (CMC), and Metal Matrix Composites (MMC). PMC is projected to remain the most dominant composite type in the global aeroengine composites market over the next five years. PMC is majorly being used to develop all the major composite components of the engine, such as fan blades and fan cases. Carbon-epoxy composite is the perennial choice of PMC, used majorly in the market. The CMC segment is likely to depict the highest growth in the global aeroengine composites market over the next five years. Much of this growth is attributed to the significant growth in LEAP engines, which incorporate various CMC components.
Based on the regions, North America is projected to remain the largest market during the forecast period, driven by the presence of the world’s largest aircraft OEM: Boeing. The USA is likely to remain the growth engine of the region’s market during the forecast period, propelled by the presence of the major engine manufacturers, such as GE Aviation, CFM International, and Pratt & Whitney. Asia-Pacific currently represents a relatively small opportunity; however, is subjected to grow at a handsome rate in the coming years, largely driven by China. China is projected to be the new growth engine in the region. Presence of assembly plants of A320neo and B737max coupled with the upcoming C919 aircraft is expected to drive the market in the country.
Key Players:
Key players operating in the global Aeroengine Composites market are-
• Safran Aerospace Composites
• Safran/Albany
• CFAN
• GE Aviation
• Meggitt PLC
• FACC AG
• GKN Aerospace (Melrose Industries)
• Triumph Group Inc.
The key aircraft OEMs include-
• Boeing
• Airbus
• Bombardier
• Embraer
• COMAC
• Lockheed Martin
• Dassault Aviation
• Gulfstream Aerospace.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Aeroengine Composites analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
It was estimated prior to this unanticipated outbreak that the Aeroengine Composites Market is projected to grow at a Healthy CAGR during the forecast period. Composite materials earned a reputed image in the aerospace industry, owing to their excellent track record of more than five decades. With such incredible properties of composites in contrast to other materials, GE Aviation, Safran Aircraft Engines, Pratt & Whitney, and Rolls-Royce scrupulously started investing in the material in the critical section of an aeroengine. For an instance, in early 2014, Safran and Albany strategically collaborated to manufacture 3D Woven RTM composite aeroengine parts, such as composite fan cases, fan blades and outlet guide vanes, for the LEAP engine series, empowering B737 max, A320neo, and C919.
Aeroengine currently represents a small share of the total aircraft composites market but it is expected to grow at an impressive rate over the next five years. Increasing composite penetration in the latest aeroengines, such as LEAP, GEnx, GE9x, and passport 20 coupled with increasing production rates of the next-generation composite-rich aircraft A350XWB, B787, and F-35 is the major growth driver of the market. The incessant demand for fuel-efficient engines, increasing fan diameters of newer variants engines, and introduction of fuel-efficient variants of the best-selling aircraft with a greater composites content: A320neo and B737 max are further corroborating the growth of composites in aeroengines.
Airbus and Boeing, the two aircraft industry giants, are enjoying a huge order backlog of their major aircraft platforms. Boeing and Airbus had a combined total order backlog of 13,114 commercial aircraft by the April 2019. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for about the next eight years at current build rates. Also, they have been strategically raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period; however, recent crashes of two Boeing’s B737 max (Ethiopian Airlines Flight 302 and Lion Air Flight 610) have temporarily impacted the production of its best-selling model due to the aircraft grounding by many airlines, which, in turn, forced the airframer to reduce the monthly production from 52 per month to 42 per month.
Another trend, which has a mammoth impact on the adoption of composites in aeroengines, is the significant increase is the engine bypass ratio (BPR). BPRs have increased from 5:1 in the 1970s to 10:1 in the new LEAP engine and will be 15:1 for the Rolls-Royce UltraFan engine, which is aimed for entry into service in 2025. High-temperature-resistant composite materials, such as Ceramic Matrix Composites, are also marking their presence in aircraft engines, especially in the hotter section of the engine. For instance, GE Aviation, a leading engine OEM, is deploying five CMC components in its GE9x, the world’s largest turbofan engine, empowering the B777x.
To know more about the topic, click here:
https://www.stratviewresearch.com/485/aeroengine-composites-market.html
Segment Analysis
Based on the aircraft type, the aeroengine composites market is segmented as Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Helicopter, and Others. Wide-body aircraft is likely to remain the growth engine of the market during the forecast period. Increasing production rates of the next-generation aircraft programs A350XWB and B787 and increasing penetration of composites in newer variants of aircraft, such as B777x, are driving the wide-body aircraft segment. The narrow-body aircraft segment is driven by LEAP-1A empowering A320neo family, LEAP-1B empowering B737 max, and LEAP-1C empowering C919.
Based on the application type, the aeroengine composites market is segmented as Fan Blades, Fan Case, Outlet Guide Vanes, Shrouds, and Others. Fan blades and fan case together account for most of the aeroengine composites market and are likely to remain the dominant applications in the coming five years too. New-generation engine models, such as GEnx, GE9X, Pratt GTF, LEAP-1A, LEAP-1B, and LEAP-1C, contain both fan blades and fan case made of composites, which has led to a colossal share of both segments in the market. Development of new composite applications in engines by replacing traditional metallic components is further substantiating the growth of the aeroengine composites market. In the last decade, a sheer interest has been recorded for the use of ceramic matrix composites in various engine applications, such as shrouds, combustor liners, and nozzles.
Based on the composite type, the aeroengine composites market is segmented as Polymer Matrix Composites (PMC), Ceramic Matrix Composites (CMC), and Metal Matrix Composites (MMC). PMC is projected to remain the most dominant composite type in the global aeroengine composites market over the next five years. PMC is majorly being used to develop all the major composite components of the engine, such as fan blades and fan cases. Carbon-epoxy composite is the perennial choice of PMC, used majorly in the market. The CMC segment is likely to depict the highest growth in the global aeroengine composites market over the next five years. Much of this growth is attributed to the significant growth in LEAP engines, which incorporate various CMC components.
Based on the regions, North America is projected to remain the largest market during the forecast period, driven by the presence of the world’s largest aircraft OEM: Boeing. The USA is likely to remain the growth engine of the region’s market during the forecast period, propelled by the presence of the major engine manufacturers, such as GE Aviation, CFM International, and Pratt & Whitney. Asia-Pacific currently represents a relatively small opportunity; however, is subjected to grow at a handsome rate in the coming years, largely driven by China. China is projected to be the new growth engine in the region. Presence of assembly plants of A320neo and B737max coupled with the upcoming C919 aircraft is expected to drive the market in the country.
Key Players:
Key players operating in the global Aeroengine Composites market are-
• Safran Aerospace Composites
• Safran/Albany
• CFAN
• GE Aviation
• Meggitt PLC
• FACC AG
• GKN Aerospace (Melrose Industries)
• Triumph Group Inc.
The key aircraft OEMs include-
• Boeing
• Airbus
• Bombardier
• Embraer
• COMAC
• Lockheed Martin
• Dassault Aviation
• Gulfstream Aerospace.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Aeroengine Composites analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
