Fiberglass Fabric Market Size Is Projected To Reach $14.93 Billion By 2025

The global fiberglass fabric market size is expected to reach USD 14.93 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.1% during the forecast period. Rising penetration of the product in the electronics industry for manufacturing of printed circuit boards (PCB) is expected to drive the market.

Fiberglass wind turbine blades are constructed using stranded E-glass and S-glass fabrics stitched together and impregnated with vinyl ester, polyester, or epoxy matrix. These composites offer high strength for manufacturing lightweight and efficient rotor blades for large wind turbines maintaining cost efficiency.

The product offer superior properties such as high electric insulation, tensile strength, and corrosion and chemical resistance. Increasing R&D to improve product performance, wrapping, weaving, cleaning, and finishing to offer different weave patterns suitable for industry-specific applications are poised to work in favor of the market.

The glass fiber production technology and unique post-processing systems have a significant impact on quality of manufactured fiberglass fabric. Innovation and development of new technologies to obtain superior product quality for high-tech aerospace & defense and electronics industry applications have tremendous impact on competitive environment.

For Full Research Report On Fiberglass Fabric Market Visit Here: https://www.grandviewresearch.com/industry-analysis/fiberglass-fabric-market

Further key findings from the report suggest:

• The E-glass segment accounted for over 80.0% of the revenue share in 2017 on account of superior physical and mechanical properties such as high strength and stiffness and high temperature, flame and heat resistance
• The nonwoven fiberglass fabrics segment is anticipated to register a CAGR of 6.3% in terms of revenue from 2017 to 2025 owing to its advantages over woven such as increased impact resistance, thermal insulation, and liquid repelling ability
• The application of fiberglass fabric in the construction industry accounted for 25.8% of the revenue share in 2017 on account of its increasing demand in the construction industry to mask cracks and improve integrity of walls and ceiling
• Fiberglass fabric in wind energy application is anticipated to register a CAGR of 7.3% in terms of revenue during the forecast period owing to its electrical insulation and lightweight characteristics, which aids in improving efficiency of wind turbines and their energy output
• The industry in Central & South America is expected to register a growth of 7.3% owing to rising demand for the product in application industries including automotive, aerospace & defense, and electrical & electronics
• Major players in the industry focus on research & development activities to identify new market opportunities and product development on the basis of requirements from the application industries

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Grand View Research has segmented the global fiberglass fabric market on the basis of product, fabric type, application and region:

Fiberglass Fabric Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• E-Glass
• S-Glass
• Others

Fiberglass Fabric Fabric Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• Woven
• Nonwoven

Fiberglass Fabric Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• Aerospace & Defense
• Construction
• Electrical & Electronics
• Marine
• Transportation
• Wind Energy
• Others

Fiberglass Fabric Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa

About Grand View Research

        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

Chromium Market Drivers, Revenue, Application Industry Demand Analysis 2025

The global chromium market size is expected to reach USD 16.55 billion by 2025, according to a new report by Grand View Research, Inc., registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.

Chromium finds extensive application across segments such as chrome plating and finishing, in production of synthetic rubies, metal ceramics, dyes and paints, and in various super alloys. It is also used in metallurgy to render a shiny finish and impart corrosion resistance.

Asia Pacific is witnessing increased demand for chromium due to booming manufacturing in automotive and electronics industries in the region. China and India are key contributors in these industries. Strong GDP growth rate, increasing income, and government support are driving automotive production in these countries. Moreover, stronger demand has been observed from lower-tier cities in these countries owing to decline in automobile prices.

Rising number of buyers on account of the unique properties exhibited by chromium, such as corrosion resistance and shiny texture, has led to low bargaining power of buyers. Growing demand for chromium in metal finishing and plating industry in Asia Pacific is expected to drive the market. However, the carcinogenic properties of chromium may lead to severe health effects, thereby hampering market growth.

For Full Research Report On Chromium Market Visit Here: https://www.grandviewresearch.com/industry-analysis/chromium-market

Further key findings from the report suggest:

• The global chromium market was valued at USD 13.07 billion in 2016 and is expected denote a CAGR of 2.7% from 2017 to 2025
• Metallurgy was the largest application segment in 2016 and is expected to register a CAGR of 2.8% between 2017 and 2025
• The chemical segment was valued at USD 708.2 million in 2016 and is anticipated to witness moderate growth over the next eight years. Chromium-based chemicals include chrome oxide, chromic acid, and potassium dichromate
• The Asia Pacific market is projected to experience substantial growth over the next eight years owing to rising demand from various stainless steel end-use industries, especially automotive and aerospace. In terms of revenue, APAC is expected to register a CAGR of 3.1% between 2017 and 2025
• Key players including Kermas Group Ltd., Glencore PLC, Samancor Chrome, Assmang Proprietary Limited, Odisha Mining Corporation, Hernic Ferrochrome (Pty) Ltd., CVK Group, Al Tamman Indsil FerroChrome LLC, and Gulf Mining Group LLC are engaged in mining and production of chromium in the global market.

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Grand View Research has segmented the global chromium market on the basis of application and region:

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

• Metallurgy
• Chemicals
• Refractory
• Others

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

• North America
• U.S.
• Europe
• Russia
• Germany
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

Marine Composites Market: Industry Share, Growth, Forecasts & Analysis 2025

The global marine composites market size is anticipated to reach USD 5.29 billion by 2025, registering a 5.0% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. The market is anticipated to be driven growing demand for corrosion resistant, high strength, and light weight parts in shipbuilding industry.

Composites materials have the potential to reduce maintenance and fabrication costs, enhance aesthetic appeal, increase reliability, and reduce the component weight. The market for marine Composites is highly influenced by rising demand for fuel efficient and high-speed power boats which is projected to boost the market demand over the forecast period.

Based on Composites, polymer matrix Composites is expected to dominate the market over the forecast period owing to the high strength, excellent corrosion resistance, light weight, and impact resistance, which makes it more suitable to use in marine industry. Ceramic matrix Composites is expected to be the fastest growing segment during the forecast period.

Demand for marine Composites is cruise ships are expected to witness substantial growth over the forecast period. The segment is expected to register a CAGR of 4.4% from 2019 to 2025. Power boat is expected to be the second largest vessel type segment accounting for 18.4% of revenue share in the marine composites market. Increasing demand for lightweight, high strength, impact resistance material in power boats expected to boost demand for marine Composites over the forecast period.

In terms of revenue, Asia Pacific expected to have highest demand for marine Composites owing to the increasing demand for recreational boats in China, India, South Korea, and Japan. In 2018, the region is expected to account for 39.0% of the overall market share. Europe was the second largest market and expected to grow with a CAGR of 3.26% over the forecast period.

For Full Research Report On Marine Composites Market Visit Here: https://www.grandviewresearch.com/industry-analysis/marine-composites-market

Further key findings from the report suggest:

• Ceramic matrix Composites projected to grow significantly, registering a CAGR of 5.5% over the forecast period, while polymer matrix Composites is anticipated to dominate the market
• The demand for carbon fiber polymer matrix Composites expected to be valued at USD 796.3 million in 2018 owing to the high-performance characteristics of the materials including lightweight and high strength
• Power boat is anticipated to be one of the largest vessel type segment and is expected to register a CAGR of 3.8% for 2019 to 2025 owing to the increasing demand in commercial and hospitality industry
• China marine composites market was anticipated to be valued at USD 321.4 million in 2018. Growing power boats and recreational boat industry expected to drive the market
• Market players are striving to reduce the cost of the Composites by reducing the cost of material to increase their adoption in the marine application such as ships and powerboats

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Grand View Research has segmented the global marine composites market based on Composites, vessel type, and region:

Marine Composites Outlook (Revenue, USD Million, 2014 - 2025)

• Ceramic Matrix Composites
• Metal Matrix Composites
• Polymer Matrix Composites
• Polymer Matrix Composites By Fabric Type

• Glass Fiber Marine Composites
• Carbon Fiber Marine Composites
• Others
• Polymer Matrix Composites By Resin Type
• Polyester Marine Composites
• Vinyl Ester Marine
• Epoxy Marine Composites
• Thermoplastic Marine Composites
• Others

Marine Composites Vessel Type Outlook (Revenue, USD Million, 2014 - 2025)

• Power Boats
• Racing Boats
• Yachts
• Catamarans
• Others
• Sailboats
• Cruise Ships
• Others

Marine Composites Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• Russia
• Spain
• U.K.
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Central & South America
• Brazil
• Argentina
• Middle East And Africa
• Saudi Arabia
• South Africa

About Grand View Research      

  

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

Molded Pulp Packaging Market Size Is Estimated To Reach $5.63 Billion By 2025

The global molded pulp packaging market size is expected to reach USD 5.63 billion by 2025, registering a CAGR of 4.9% during the forecast period, according to a new report published by Grand View Research, Inc. Rising demand for low-cost, eco-friendly packaging by various end-use industries, including food, food service, electronics, healthcare, and industrial, is likely to fuel the growth.

Molded pulp packaging products are majorly made up of recycled paper pulp. Other sources such as virgin wood and non-wood pulp sources, including cereal straws, sugarcane bagasse, bamboo, reeds, esparto, kenaf, and corn stalks, are also employed for manufacturing molded pulp packaging products. The wide availability of various pulp sources makes it a cost-effective packaging solution than plastic molded products.

Molded pulp packaging products such as clamshell, bowls and cups, plates, and others exhibit similar packaging properties to that of plastic thermoform products. Molded products offer excellent bracing, blocking, and cushioning protection, and they are temperature, water, and oil resistant. A rise in the rules and regulations regarding the use of plastic packaging products, such as Expanded Polystyrene (EPS) thermoformed packaging products in the developed region, are expected to fuel the demand for molded pulp packaging in the forthcoming years.

Molded pulp packaging products, such as tray and clamshells are primarily used for egg packaging due to their excellent vibration damping properties, essential for packaging fragile products. Increasing per capita consumption of eggs in developed countries coupled with the growing adoption of sustainable disposables by the foodservice industry is expected to benefit the market in the forthcoming years.

For Full Research Report On Molded Pulp Packaging Market Visit Here: https://www.grandviewresearch.com/industry-analysis/molded-pulp-packaging-market

Further key findings from the report suggest:

• Food packaging end-use segment accounted for a market share of 50.8% in terms of revenue in 2018, owing to wide scale incorporation of the product for packaging fresh fruits, eggs and processed food products
• The non-wood pulp material segment is anticipated to expand at the fastest CAGR of 6.1% from 2019 to 2025. The material eliminates the need for virgin wood thereby offering complete sustainable packaging, which is expected to bode well for the growth of the segment
• Asia Pacific molded pulp packaging market is estimated to register a CAGR of 6.2% from 2019 to 2025 on account of rapid expansion of electronics, healthcare, and foodservice industries
• North America is projected to expand at a CAGR for 3.5% over the forecast period, owing to the rising ban on plastic packaging coupled with growing consumer preference for sustainable packaging solutions
• Market participants across the globe are expanding their manufacturing capability on account of growing popularity of molded pulp packaging products amongst end-use industries

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Grand View Research has segmented the global molded pulp packaging market on the basis of source, type, product, end use, and region:

Molded Pulp Packaging Source Outlook (Revenue, USD Million, 2014 - 2025)

• Wood Pulp
• Non-wood Pulp

Molded Pulp Packaging Type Outlook (Revenue, USD Million, 2014 - 2025)

• Thick Wall
• Transfer
• Thermoformed
• Processed

Molded Pulp Packaging Product Outlook (Revenue, USD Million, 2014 - 2025)

• Trays
• End Caps
• Bowls & Cups
• Clamshells
• Plates
• Others

Molded Pulp Packaging End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Food Packaging
• Food Service
• Electronics
• Healthcare
• Industrial
• Others

Molded Pulp Packaging Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com