Polyaryletherketone Market Size Is Estimated To Reach $1.42 Billion By 2026

The global polytetrafluoroethylene market size is expected to reach USD 1.42 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.1% over the forecast period. Rising demand for polytetrafluoroethylene (PAEK) can be attributed to its superior properties including low permeability, outstanding chemical resistance, good energy radiation resistance, and high electrical strength.

Consumption of polyether ketone ketone (PEKK) has been on a rise owing to its various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery components in medical applications.

The medical application segment accounted for 9.4% of the overall revenue in 2018 and is expected to witness strong growth on account of high usage of polyether ether ketone (PEEK) in the spinal area, anterior cervical corpectomy and fusion, rotator cuffs, shoulder labrum repair, maxillofacial defects, and dental work.

Increasing demand for implants, nonmetal dental discs, and sterilizing hardware in the medical sector is expected to augment demand for PAEK. PEEK polymer is anticipated to witness significant revenue gains over the forecast period. This is attributed to rising consumption in the automotive, medical, oil and gas, and aerospace industries in products such as bearings, electrostatic, cookware, industrial coatings, and body implants.

The automotive sector in Japan is one of the most prominent and significant industries in the world. Presence of key automobile companies, including Toyota Motor Corporation, Honda Motor Company, Ltd., Daihatsu Motor Co., Ltd, Nissan Motor Company, and Suzuki Motor Corporation is projected to have a positive impact on this market. Increased penetration of aircraft manufacturers in China, along with rising government investments in R&D, is expected to drive the aerospace sector in the country, which will propel the PAEK market.

Key players operating in the PAEK market include Victrex Plc., Evonik Industries AG, Gharda Chemicals Ltd., Caledonian Industries Ltd., JK Overseas, Solvay S.A., and Arkema Group. Product innovation is expected to remain a critical success factor for industry participants in the future.

Full Research Report On Polyaryletherketone Market Visit Here: https://www.grandviewresearch.com/industry-analysis/polyaryletherketone-paek-market

Further key findings from the report suggest:

• Asia Pacific is expected to witness the fastest growth in terms of demand over the forecast period
• By application, the industrial and general engineering segment is expected to exhibit a CAGR of 7.4% in terms of revenue over the forecast period
• U.S. is the largest market for polyaryletherketone in North America and accounted for a revenue-based share of 86.4% in 2018.

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Grand View Research has segmented the global polyaryletherketone (PAEK) market on the basis of basis of type, application, and region:

Polyaryletherketone (PAEK) Type Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• PEEK
• PEK
• PEKK
• Others

Polyaryletherketone (PAEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• Automotive
• Industrial and General Engineering
• Aerospace
• Electrical & Electronics
• Medical
• Others

Polyaryletherketone (PAEK) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• 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

 

Paprika Market : Recent Developments And Latest Industry Insights

The global paprika market size is expected to reach USD 619.5 million by 2025 expanding at an estimated CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. Rising awareness regarding the health benefits of paprika is expected to drive the market. The oleoresin segment led the global industry and constituted over 36% of the total market share in 2018. Some of the leading companies, such as Ungerer & Company, Synthite, Chr. Hansen Holding A/S, and Unilever Food Solutions, offer a wide range of paprika. Other prominent market players include Ingredientes Naturales Seleccionados, EVESA and Kancor Ingredients Limited. Rising demand for colorants coupled with natural spices has propelled the demand for paprika across the world.

Paprika are used in F&B applications, such as cheese, orange juice, spice mixtures, sauces, seasoning material in fast food, emulsified process meats, and sweets. They help in providing a specific color texture to food products. Paprika oleoresins are extensively used as natural flavoring in meat products, cheese, popcorn oil, and cheese food coatings. Paprika also find wide applications in pharmaceuticals sector. They help reduce pain, anxiety, and stress when used in proper concentrations. Paprika also have inherent properties, such as analgesic, anti-inflammatory, and anti-obesity properties and can also be used in anti-cancer treatments.

Full Research Report On Paprika Market Visit Here: https://www.grandviewresearch.com/industry-analysis/paprika-market

Further key findings from the study suggest:

• The spice powder product segment is projected to reach 109.4 million by 2025 registering a strong CAGR from 2019 to 2025
• Among applications, the food segment led the overall market revenues with a share of 46.7% in 2018
• Brazil paprika market is expected to witness a strong growth over the forecast period on account of increasing demand for spice oils from the food industry
• Rising consumer awareness about the health benefits of paprika is expected to drive the market further
• The market is extremely competitive. The key companies include Synthite Industries Ltd., Chr. Hansen Holding A/S, Ungerer & Company Unilever Food Solutions, and Plant Lipids
• Most of the aforementioned companies have undertaken initiatives, such as acquisitions, frequent mergers, strategic alliances, and capital expansion to gain higher market share

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

Paprika Type Outlook (Revenue, USD Million, 2014 - 2025)

• Vegetable Paprika
• Spice Powder
• Paprika Oleoresin
• Others

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

• Food
• Pharmaceuticals
• Cosmetics

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

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• 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

 

Plastic Dielectric Films Market Latest Developments And Industry Trends

The global plastic dielectric films market size is expected to reach USD 1.39 billion by 2025 registering a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by growing product demand from renewable energy system and electrical and electronics industry in the Asia Pacific (APAC). The product is widely used as an insulating material in various electrical and electronics applications.

Presence of major electrical and electronics manufacturing companies, such as Toshiba, Samsung, and Sony, in the region is also propelling the product demand. Companies from Northeast Asian countries, such as China, India, and Japan, are pushing to grow in key sectors pertaining to raw material extraction, manufacturing, and services. Since the past few years, the manufacturing industry in APAC has been attracting significant investments from leading MNCs, which is contributing to the market growth.

These films provide low thermal resistance, high-pressure resistance, minimal application pressure, resistance of hazardous substance compliance (RoHS), thereby augmenting their demand in applications, such as smartphones, tablets, smart wearables, and smart home appliance. Polypropylene (PP) is one of the prominent product type segments. PP dielectric films have properties, such as high breakdown strength, high insulation resistance, low dissipation factor, and low dielectric absorption.

These properties make them suitable for use in a wide range of applications in high voltage DC & AC systems, snubber circuits, high current DC applications, and high-frequency AC systems. Capacitors made of Polypropylene (PP) films are ideal for use in multiple ranges of temperature. On account of their unique temperature characteristics, PP capacitors are widely used as a substitute of polyester capacitors as the capacitance of the latter diminishes with decreasing temperature. However, PP and Polyethylene Terephthalate (PET) can also be used together, parallelly, in a capacitor.

Full Research Report On Plastic Dielectric Films Market Visit Here: https://www.grandviewresearch.com/industry-analysis/plastic-dielectric-films-market

Plastic Dielectric Films Market Report Highlights

• APAC is expected to be the largest regional plastic dielectric films market during the forecast period from 2019 to 2025
• India is the fastest-growing country in the APAC region on account of the growing automotive industry
• The PET segment is likely to register the highest CAGR of over the forecast years owing to rising demand for PET in various applications
• Companies in the market have undertaken several strategic initiatives to increase their market share
• For instance, in June 2018, SABIC introduced two new gauges of UTF120 Polyetherimide (PEI) dielectric film for high temperature, professional-grade capacitor applications

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Plastic Dielectric Films Market Segmentation

Grand View Research has segmented the global plastic dielectric films market on the basis of product, application, and region:

Plastic Dielectric Films Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polytetrafluoroethylene (Teflon) (PTFE)
• Polyethylene Naphthalate (PEN)
• Polyphenylene Sulfide (PPS) & Polyvinylidene Difluoride (PVDF)

Plastic Dielectric Films Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Electrical & Electronics
• Solar & Wind Energy System
• Automobiles
• Aircrafts
• Others

Plastic Dielectric Films Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• South Korea
• 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

 

Polyether Ether Ketone Market Size Is Estimated To Reach $1.18 Billion By 2026

The global polyether ether ketone market size is anticipated to reach USD 1.18 billion by 2026. It is anticipated to expand at a CAGR of 7.2% over the forecast period. Increasing demand for high-performance plastics as a substitute to metals in automobiles on account of growing need for high efficiency and low weight materials is expected to drive the PEEK market.

Stringent environmental regulatory framework in developed markets of U.S. and Europe has forced the automobile industry participants to use alternatives which help decrease fuel consumption by enhancing overall fuel efficiency. Such regional trends are anticipated to positively impact global volumes over the forecast period.

Excellent performance features of PEEK including superior strength and heat resistance are expected to propel product preference in end-use industries such as food, medical, aerospace, semiconductors, and packaging.

Carbon filled was the major product segment and accounted for approximately 45.43% of total market share in terms of revenue in 2018. The product finds application in industrial, electric, and electronics applications. Carbon filled polyether ether ketone is anticipated to witness the highest CAGR from 2019 to 2026.

Full Research Report On Polyether Ether Ketone (PEEK) Market Visit Here: https://www.grandviewresearch.com/industry-analysis/polyether-ether-ketone-peek-industry

Further key findings from the report suggest:

• Automotive emerged as the leading consumer of PEEK in 2018. Increasing need for a highly efficient material to reduce fuel consumption and to lower emission levels is expected to drive this segment
• Europe was the leading regional market in 2018, owing to stringent environmental regulatory framework to curb overall weight of automobiles
• Asia Pacific is expected to witness the highest CAGR on account of industrialization in China and India coupled with growing environmental concerns including noxious VOC emission levels
• Key companies operating in the Polyether Ether Ketone (PEEK) market include Tri-Mack Plastics Manufacturing Corp.; Caledonian Ferguson Timpson Ltd; Prototype & Plastic Mold Co. Inc.; Victrex Plc; Darter Plastics Inc.; J.K. Overseas; A. Schulman AG; Jida Evonik High-Performance Polymers (Changchun) Co. Ltd; and Stern Industries Inc.

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Grand View Research has segmented the global Polyether Ether Ketone (PEEK) market on the basis of product, application, and region:

Polyether Ether Ketone (PEEK) Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• Unfilled
• Carbon Filled
• Glass Filled

Polyether Ether Ketone (PEEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• Medical
• Automotive
• Aerospace
• Industrial & General Engineering
• Electricals & Electronics

Polyether Ether Ketone (PEEK) Region Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026)

• North America
• U.S
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Central & South America
• Brazil
• Middle East and 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

 

Distributed Energy Generation Market Size Is Projected To Reach $580.8 Billion By 2027

The global distributed energy generation market size is expected to reach USD 580.8 billion by 2027 registering a CAGR of 11.5%, according to a new report by Grand View Research, Inc. The increasing need for energy and the high costs of grid expansion are the major factors driving the market growth. Low prices of Distributed Energy Generation (DEG) as compared to the conventional power generation methods are expected to provide a boost to the market.

Moreover, inventions in DEG techniques, including floating solar PV, is expected to drive the market. Declining costs of solar PVs is playing a contributory role in the expansion of the market. Feed-in tariffs in regions, such as North America, Europe, and the Asia Pacific, are poised to stir up the growth of the market. Favorable government policies and other government regulations including net metering are expected to increase the number of DEG installations at residential locations, such as underdeveloped and rural areas.

Extensive R&D, field trials, and demonstration projects have resulted in decreasing costs of DEG technologies, which, in turn, augmented market growth. China, India, and Japan are some of the key countries where energy demand has risen significantly. The grid connections are incapable of meeting such high demands that are further supplemented with energy loss problems and blackouts. As a result, institutions, schools, and universities opt for small power-generating stations using renewable sources. This is expected to grow the demand for this market.

Full Research Report On Distributed Energy Generation Market Visit Here: https://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry

Distributed Energy Generation Market Report Highlights

• Growing demand for green energy owing to the increasing population across the globe coupled with rapid urbanization in developing countries is expected to be the main catalyst for the demand for DEG systems
• The fuel cells technology segment led the global market in 2019 accounting for the largest market share and will continue to grow at a steady pace over the forecast years
• However, the solar photovoltaic segment is estimated to register the fastest CAGR from 2020 to 2027
• Asia Pacific is projected to be the largest as well as the fastest-growing regional market over the forecast period
• China, in particular, is expected to account for the maximum share of the Asia Pacific regional market
• Commercial & industrial is projected to be the largest application segment while the residential segment will have the maximum CAGR from 2020 to 2027

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Distributed Energy Generation Market Segmentation

Grand View Research has segmented the global distributed energy generation market on the basis of technology, application, and region:

DEG Technology Outlook (Volume, MW; Revenue, USD Million, 2016 - 2027)

• Wind Turbine
• Solar Photovoltaic
• Reciprocating Engines
• Fuel Cells
• Gas & Steam Turbine

DEG Application Outlook (Volume, MW; Revenue, USD Million, 2016 - 2027)

• Residential
• Commercial & Industrial

DEG Regional Outlook (Installed Capacity, KW; Revenue, USD Million, 2016 - 2027)

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• The U.K.
• Italy
• Asia Pacific
• China
• India
• Australia
• Central and South America
• Brazil
• The Middle East and Africa

List of Key Players of Distributed Energy Generation Market

• Vestas Wind Systems A/S
• Capstone Turbine Corp.
• Caterpillar
• Ballard Power Systems Inc.
• Doosan Heavy Industries & Construction
• Rolls-Royce plc.
• Suzlon Energy Ltd.
• General Electric
• Siemens
• Schneider Electric
• ENERCON GmbH
• Sharp Corp.
• First Solar
• Mitsubishi Electric Corp.
• Toyota Turbine and Systems Inc.

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

 

Transmission Fluids Market Size Is Predicted To Reach $13.6 Billion By 2027

The global transmission fluids market size is expected to reach USD 13.6 billion by 2027 registering a CAGR of 3.8%, according to a new report by Grand View Research, Inc. High demand for the product from off-road vehicles used for construction purposes across the Asia Pacific and Central America is driving the market globally.

Other key drivers include the rising demand from the automotive sectors of emerging economies, advancement in technology, increased industrial activities, and the use of eco-friendly fluids in the automotive and allied sectors. The demand for technologically advanced and cost-effective operations in the automotive, construction, mining, and agriculture sectors is expected to boost market growth.

The Asia Pacific and North America, together, are expected to be the major markets globally. In terms of revenue and volume, MTFs are the most formulated products in the existing market on account of the diverse range of applications across an array of vehicular segments. Moreover, these fluids need to be constantly upgraded to suit the vehicle type. Right from the off-road automotive market to passenger vehicle and commercial vehicle segments, every type of vehicle requires various transmission fluids based on the kind of engine delivery system and working pattern of the transmission.

However, fluctuations in crude oil prices had a high impact on the market between 2017 and 2019. Production of oil in West Texas increased by 2 million b/d in 2019. Many shale gas exploration companies have become efficient in oil extraction and have devised new ways to keep wells open instead of capping them. At the same time, oil-producing companies in the Middle East are producing oil in large quantities due to the low prices of feedstock to maintain their market share. These factors might project slight restraining order for the industry in the coming years.

Full Research Report On Transmission Fluids Market Visit Here: https://www.grandviewresearch.com/industry-analysis/transmission-fluids-market

Transmission Fluids Market Report Highlights

• The off-road vehicle application segment is expected to witness the fastest CAGR of 4.7% from 2020 to 2027 due to increasing demand for MTFs in vehicle production across emerging economies of the Middle East, Central America, and the Asia Pacific
• Continuously variable fluid products are expected to register the fastest growth rate from 2020 to 2027 owing to their unique anti-wear additives and stable viscosity enhancers that prevent oil film breakdown
• Asia Pacific is projected to reflect the fastest CAGR from 2020 to 2027 due to the growing agricultural sector demanding various agricultural equipment coupled with rapid infrastructural development projects across China, Japan, and India
• Extensive research activities undertaken by major companies have led to the availability of a highly competitive product range across the global market

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Transmission Fluids Market Report Segmentation

Grand View Research has segmented the global transmission fluids market on the basis of product, application, and region:

Transmission Fluids Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Manual
• Automatic
• Dual Clutch
• Continuously Variable

Transmission Fluids Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Automotive
• Off-road Vehicles

Transmission Fluids Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Transmission Fluids Market

• Royal Dutch Shell
• BASF SE
• Chevron Corp.
• ExxonMobil Corp.
• Total S.A.
• British Petroleum P.L.C.

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