Graphite Market Technological Advancement & Growth Analysis with Forecast to 2026

 

The global graphite market size is anticipated to reach $28.33 billion by 2026, growing at a CAGR of 4.9% during the forecast period, according to a report published by Polaris Market Research.  The report ‘Graphite Market Size By Product Type (Natural Graphite and Synthetic Graphite), By Application (Foundry, Refractory, Battery, Lubricant and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Tremendously increasing demand for aluminium steel, and other metals from a large array of end-use industries has primarily driven the market demand. Synthetic graphite is a major contributing product to the market growth as it is immensely essential for the manufacturing of steel by making use of processes such as electric arc furnace. Also, metallurgy applications largely make use of graphite electrodes. In addition to this, growing number of technologically developed outlets around the globe that vary from graphene to fuel cells is also anticipated to enhance the sales revenue of the product.

 

Carbon fibre which is a graphite product-type has witnessed tremendously high growth for the past five consecutive years on account of its crucial requirement and thus growing demand from numerous end-use industries such as aerospace, automotive, wind turbine and few others. High strength and light-weight properties of carbon fibre are the crucial characteristics for its rapidly growing demand over any other substitute.

 

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Advancements and exploitations of graphite has witnessed considerable increase in the recent path. This is observed on account of several developmental scenarios such as contained graphite, enterprise value, deposit reserve, and location feasibility & availability. Some other associated factors include improvisation of logistics segment, authenticity in product purity, off take agreements, flake size distribution, and technology development has strengthened the potential of cutting down production timeframe.

 

Considerably growing product demand from several industrial uses is primarily attributed to the deposit of high-grade flake graphite coupled with the reduced stripping ratios. Also, amendments in the jurisdictions has resulted in ease of cross-country logistics, reduced manufacturing timeframe, and off-take contracts. Recent product demand is directly by numerous industrial applications such as lubricants, automotive, refractory, and batteries. As hi-tech battery anodes are mainly pushing product demand, refractories consumption for the steel industry has been a primary application segment for manufacturing and utilization of naturally occurring graphite, which is coupled with the worldwide steel production.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Graphite Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

 

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Competitive Landscape and Key Vendors

Graphite includes a globally fragmented industry coupled with the numerous multinational market players. Asia Pacific region is also among the top consumers of graphite across the world Other significantly substantial consumers include the U.S., Japan, India, South Korea, Russia, and Germany. The product demand is scattered mainly in the developed counties, such as those in the Western Europe, the U.S., China, and Japan. China is estimated to be a dominating country for the natural graphite segent whereas production of synthetic graphite is likely to be distributed in both the developed and developing countries wherein each manufacturer plays a primary role in maintaining the global demand supply figures.

 

Some of the major market players for the industry include Tokai Carbon Co. Ltd., Toyo Tanso Co. Ltd., HEG Limited, Graftech International Ltd., Graphite India Limited, Mersen Group, Energizer Resources Inc., SGL Group, Triton Minerals Ltd Mason Graphite, Inc., Focus Graphite Inc., and Hexagon Resources Limited.

 

Waterborne Coatings Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast

 Waterborne coatings are advanced solutions of the coating products with lesser environmental impact. These products use water as the solvent medium and have lower harmful emissions as compared to the solvent borne ones. The global water borne coatings are primarily driven by the growth of end-use applications such as construction, general industries, and automotive.

 

Rising construction activities coupled with the maintenance of the existing structures has tremendously driven the demand for these products. Protection of the surface and decoration are two main functions of these products that are of considerable economic importance. As water borne these products is the result of technological development in the paints & coatings industry and is an environmentally-friendly options, it is rapidly becoming preferred option by many consumers around the globe.

 

The industry has also witnessed significant advancements in terms of the resin materials for the coatings formulation. Polyurethane based waterborne coatings are the result of such developments and are used widely on account of lower volatile organic compound (VOC) emissions. Moreover, real-time polymer monitoring systems have optimized the production of many such polymers, which are widely used in the manufacturing of the coatings.

 

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Further trends in the materials for these products include UV-cure coating formulations and “intelligent binders” in protective water borne coatings. These are new, viable, and attractive options for applications in polymer coaters, OEMs, contract coaters, extruders, thermoformers, and formed polymers.

 

The growth of industry is also a result of the favorable regulatory framework, however, the scenario became increasingly complex and expensive for the coating suppliers when the trend started. Numerous regulatory agencies such as REACH and ECHA have prescribed standards for reduction of harmful emissions in the environment from solvent borne coatings. This trend resulted in the growth of eco-friendly coating segments such as water borne and powder.

 

The market has wide scope in almost all the regions of the world with Asia Pacific as the fastest growing regional player. China, India, Japan, and South Korea are significant contributors for this regional growth. North America and Europe are the mature waterborne coating markets with an average growth rate slower than Asia Pacific in the near future.

 

The global industry constitutes of large number of domestic and international players. Some of the key market players include PPG Industries, Inc, BASF SE, Axalta Coatings, DowDuPont, Sherwin-Williams Company, and AkzoNobel NV. Other notable manufacturers include RPM International, Kansai Paint Company Ltd., The Valspar Corporation, and Jotun Group.

 

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Hypercar Market Technological Advancement & Growth Analysis with Forecast to 2026

 The global hypercar market size is expected to reach USD 110.9 billion by 2026 according to a new study by Polaris Market Research. The report “Global Hypercar Market Share, Size, Trends, Industry Analysis Report By Powertrain (Gasoline, Hybrid/Electric); By Regions, Segments Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The automobile industry concentrates on ultra-light construction of vehicles. The primary driving force in hyper cars will also be advanced technology, racing experiences, creative design and unique design. During the forecast period, shifting the client preference for high-performance vehicles as a sign of the status will influence product development. The increase in the production of hybrid / electric vehicles that are extremely clean, safe and fuel efficient will encourage product requirements. However, these vehicles are very expensive than their homes, so they are not available to everyone. This can hinder the sector’s growth during the forecast period.

 

Competition among super sports car manufacturers is the primary factors driving the development of the hypercar industry. One of the driving factors that drive demand for luxury, intermediate and sports vehicles worldwide is improving socio-economic conditions in many countries. Furthermore, as the disposable income of clients increases, they are now ready to spend more on the purchase of a vehicle and the autocar sector has started to invest significantly on creating hypercars to enhance their brand names on the market.

 

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In 2019 the hybrid / electric segment portrayed the significant share of the market. An important factor in the growth in the size and share of the hypercar sector in the years to come will be the incorporation of advanced and efficient electric motors. The industry has moved towards the electrification and development of leaner machines to minimize the environmental impact, boosting the automotive development of hybrid and electric motors.

 

Companies invest more in their research and development departments and produce fresh technologies for the car.  Due to sophisticated technology and fuel efficiently, the need for hypercars in the automotive market is growing. The hypercars are anticipated to be completely powered by electricity or gas. In these vehicles we are currently using high speed hydrogen gas. Intelligence can be used to fully automatically manufacture these vehicles. Since the neural network recognizes the driving pattern and learns the same as the brain. Fully electric hypercars would be environmentally useful.

 

Europe is a worldwide leader in hypercar production, where Italy, Germany and the United Kingdom, are the top three hypercar producers. Some of the world’s top brands are in the region, which are Europe’s main manufacturers of hypercars. North America is anticipated to be the next major hypercar production area, as there are brands like Ford that generate hypercars in the United States. Japan manufactures many economical vehicles instead of hypercars, but some vehicles are the biggest rivals for other hypercars. Over the forecast period, important investment in the market for advanced technology hyper vehicle research and development will be made by the national automotive industry.  The presence of sports car manufacturers such as Porsche, Aston Martin, Briggs and McLaren will encourage product development.

 

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The primary industry players include Ferrari, Automobili Lamborghini, Porsche, Pagani Automobili, Bugatti, Koenigsegg, Daimler Group, Maserati, McLaren, Hennessey Performance Engineering, and Zenvo. Because of the existence of a few well-established players including OEMs providing superior quality in their cars, the hypercar industry seems to be competitive. With the increasing popularity of these cars, competition among players in this industry is anticipated to intensify during the forecast period. Automotive companies invest strongly in sophisticated systems studies and development to satisfy customer demand for high-performance hyper cars.

 

Pentaerythritol Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global pentaerythritol market is anticipated to reach USD 2.34 billion in 2026 and is estimated to grow at a CAGR of 6.1 % from 2018 to 2026. Pentaerythritol market is anticipated to witness significant growth over the forecast period. Pentaerythritol, an environment-friendly raw material has an advantage of utilizing it as a material for manufacturing. It has a greener process of chemical reactions which leads to the less wasteful material. The overall amount of pollution and waste can be reduced by finding ways to embed greener raw material in the current process, which is still using the non-green material.

By using alcohols on a huge industrial scale of the reaction, both acetaldehyde and formaldehyde can be formed which will not waste resources. Formaldehyde can be synthesized from the oxidation of CH3OH (methanol, wood alcohol) with approximately 90% yield. Since the above-mentioned materials can be procured from nature, the preparation results in a greener reaction.

 

Owing to eco-friendly nature, pentaerythritol is a greener and useful material to use. The preparation of it creates very less waste and is created from materials which are derived naturally. It is created by condensing formaldehyde (CH2O) and acetaldehyde (CH3CHO) in a liquid solution with the presence of sodium hydroxide (NaOH), a strong basic hydroxide.

 

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The raw materials of pentaerythritol including methanol, acetaldehyde, and formaldehyde are used in various applications such as automotive, food & beverage, pulp & paper bleaching, medical, and agriculture. The end use application is growing in a significant manner over the forecast period. The already scarcity of aforementioned raw materials is depleting over the time which makes it more scarce.

 

Alkyd paints application segment had the highest market penetration in 2013. The segment is also expected to show the highest growth rate over the forecast period. Owing to less price and its toughness, alkyd coating is more common than natural oil paints. Based on oil coating, few applications include residential trim, cabinets, furniture, and doors. Moreover, metal doors & railings, and industrial equipment are its few applications.

 

Alkyd ink and plasticizers emerged as the second-largest segment in terms of growth rate but have a low penetration rate. The increase in demand for pentaerythritol is expected to propel the growth of alkyd inks. The alkyd ink includes properties such as film foaming, pigment interaction. Phthalate is the most generally expended kind of plasticizers, with low phthalates being at the cutting edge. DOP is broadly utilized as a universally useful plasticizer particularly with PVC.

 

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Taking lubricants into consideration, the market size, as well as the penetration in the market, is low as compared to other applications. The year on year growth of lubricant is low owing to high drain out time which reduces the consumption of the same. Lubricants are also open to the volatility of price owing to crude oil as a source. Fluctuation in prices of crude oil is expected to affect the cost and price of lubricants which in turn is forecasted to persist low market size and low penetration rate.

 

Pentaerythritol is majorly bought in bulk by the companies wherein the buyer and supplier enter into long term contract thus contributing favorably to buyer power. The importance of pentaerythritol for various end use customers, contributes negatively to buyer power. The bargaining power increases because of negligible difference of the pentaerythritol with every supplier. Hence, the bargaining power of buyer for pentaerythritol is moderate owing to aforementioned factors.

 

Scaffold Technology Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global scaffold technology market size is set to outnumber USD 1,484.8 million by 2026 growing at a CAGR of 10.38% during forecast period according to a new study published by Polaris Market Research. The report ‘Scaffold Technology Market Size, Share, Trends and Industry Analysis Report, By Product Type (Polymeric, Hydrogels, Micropatterned surface Microplates, Freeze Embryo Testing and Nanofiber- based); By Application; By End-use and By Regions: Segment Forecast 2019-2026’ provides an in-depth analysis of present market dynamics and envisioned future trends.

 

The global scaffold technology tissue engineering is registering high growth due to the rising number of minimally invasive surgeries for treating an increasing number of cancer patients across the globe.  Increasing investments from Government and regional bodies also attract market growth without compromising on R&D facilities in use of this technology.

 

Factors favoring scaffold technology market are an inherent bias towards regenerative technology coupled with a rising number of organ transplant cases to repair the damaged tissue or organs during the forecast period. Scaffolds are very much needed in treatment of damaged or lifeless organs to support implants that are operated into patients’ body.  The market is rather upbeat because of the use of technology. Rise in geriatric population causing organ failure which should be treated soon, causing an area of research using 3D Cell with application, collates further market growth.

 

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Resorbable scaffold technology is divided based upon product type, application and end-use. The product type is further sub-divided into polymeric scaffolds, hydrogels, micropatterned surface microplates, freeze embryo testing and nano fiber-based scaffolds. Considering end-use, research laboratories and institutes, biotechnology and pharmaceutical organizations, hospital and diagnostic centers take dominant market position.

 

Scaffold technologies are fundamentally tissue engineering that seamlessly enter biological substitutes with applications for regenerative tissue repair or organ repair.  Product type includes cell attachments and migration, nutrients and product diffusion.

  

Hydrogel based scaffolds were very popular in use with abundant availability and round- the- clock development. Their unilateral acceptance in cartilage tissue scaffolds that helps growth of cells and drug delivery is attributed to their adoption.

 

By geography, scaffold technology is segmented into five major regions namely North America, Europe, Asia pacific, Latin America and Middle East and Africa. North America leads the market due to high prevalence of cancer in the region taking a huge death toll. According to global estimates by WHO, cancer is the leading cause of death accounting for 9.6 million deaths in 2018 that will further drive market growth. Copious investments by Government in R&D facilities to nurture this technology will profusely support market growth.

 

Asia pacific will display high growth owing to Government investments in development of healthcare infrastructure and controlled policies in promoting use of this technology. Increasing prevalence of cancer in Asia pacific and increasing awareness for adoption of organ transplant will also add impetus to the market. Rising number of smoking populace and alcohol abuse due to lifestyle changes has powered Asia pacific market.

 

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Key findings in the scaffold technology market indicate rapid strides by companies in technology pursuits.  Companies leverage factors such as increasing awareness in treating   abundance of chronic diseases and also awareness of organ transplant in developing countries, in an endeavor to bring new and advanced technologies to the fore.

 

The key players in scaffold technology market include Merck and Company, Thermo Fischer Scientific INc., 3D Biotec LLC, Pelo Biotec GmbH, Corning Inc., Avacta Life Sciences Limited, Nanofiber Solutions, Nuvasive, Inc., Tecan Trading AG and Molecular Matrix Inc. among others.

 

 

Ethylene Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast

 The global Ethylene Market size is expected to reach USD 186.5 billion by 2026 according to a new study by Polaris Market Research. The report “Ethylene Market Share, Size, Trends, Industry Analysis Report By Feedstock (Naphtha, Ethane, Propane, Butane); By Application (Polyethylene, Ethylene Oxide, Ethyl Benzene, Ethylene Dichloride); By End-Use (Building & Construction, Automotive, Packaging, Textiles, Agriculture & Agrochemicals); By Region, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Ethylene demand has witnessed robust growth in the recent past and this trend is expected to continue from 2019 to 2026. growth of hospitality construction is expected to benefit the demand for ethylene derived products over the forecast period. However, the ongoing projects and their completion dates are likely to extend due to the recent Corona Pandemic. In the recent past, in order to help the hospitality sector bounce back to normalcy, governments across the globe had intervened in the past and it is expected that they will do the same to help recover the industry post pandemic.

 

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Global ethylene operating rates remained stable during the year 2017 and 2018 and decreased slightly in 2019. This was mostly due to the limited capacity additions as compared to the demand. Project delays, cancellations in post pandemic world order is bound to be a reality which is likely to influence the feed availability, and further tightening of supply.

 

The rate of proposed capacity additions is much higher than the anticipated demand. This is likely to result in decrease of the operating rates and a possibility where the market is flooded with the product. Therefore, as compared to historical operating rates, the estimated operating rates of ethylene plants is bound to be considerably lower.

 

There has been witnessed somewhat dilution of the relation between the market growth linked to the GDP elasticity in the past few years. The relationship has become less straightforward due to the increasing influence of sectors such as service and technology on the GDP as compared to manufacturing. Strong focus on issues such as sustainability and recycling has also affected demand for ethylene for producing various plastic products.

 

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Derivatives demand growth slowed due to the ongoing tensions between two major economies of the globe, namely the U.S. and China. Furthermore, the huge impact of the recent pandemic on the economies of countries across the globe will also contribute to further lower the demand for derivatives.  The feedstock prices witnessed huge volatility in 2019 due to a host of reasons such as sanctions on Iran, attack on Saudi Arabia’s oil complexes, International Maritime Organization (IMO) fuel regulation set to be implemented in 2020, among others.

 

There had been rising preference for MTO and CTO technologies for ethylene production in the past as Naphtha and Ethane prices were considerably high. However, declining oil prices combined with decreasing feedstock prices has prompted manufacturers to move away from these technologies. Environmental scrutiny of these technologies combined with their low effectiveness were also the reasons for this shift.

 

Companies such as ExxonMobil Corporation., Dow Dupont, Royal Dutch Shell plc, Saudi Basic Industries Corporation (SABIC), Total S.A., AkzoNobel, China Petroleum & Chemical Corporation, Huntsman Corporation., LyondellBasell Industries., Clariant are some of the key players operating in the market.

 

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Polaris Market research has segmented the Ethylene Market report on the basis of feedstock, application, end-use and region

Ethylene Feedstock Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)

·         Naphtha

·         Ethane

·         Propane

·         Butane

·         Others

Ethylene Application Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)

·         Polyethylene

·         Ethylene Oxide

·         Ethyl Benzene

·         Ethylene Dichloride

·         Others

Ethylene End-Use Outlook (Volume, Million Metric Ton, Revenue, USD Billion, 2015 – 2026)

·         Building & Construction

·         Automotive

·         Packaging

·         Textiles

·         Agriculture & Agrochemicals

·         Others

Fitness App Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The Global fitness app market size is anticipated to reach over USD 15.96 billion by 2026, according to a new study published by Polaris Market Research. In 2019, the fitness and activity tracking segment dominated the market, in terms of revenue. North America is expected to be the leading contributor to the global fitness app industry during the forecast period.

 

A significant increase in the obese population, changing lifestyles, and increasing health concerns primarily drive the market growth.  Other driving factors include increasing occurrence of diseases associated with obesity, increasing disposable income, and increasing awareness regarding health and nutrition. The increase in obesity related diseases such as diabetes and hypertension along with sedentary lifestyles of consumers further propel the market growth. The number of memberships for health clubs and gyms has increased significantly over the years, further promoting the growth of fitness app industry. Increasing demand in developing nations, increasing penetration of mobile devices, and availability of high-speed internet services is expected provide numerous growth opportunities to the fitness app industry players during the forecast period.

 

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A few major fitness apps available in the market include Runtastic Results, Calorie Counter & Diet Tracker, and Sweat, Kayla Itsines Fitness among others. Runtastic Results: Workout & Strength Training is offered by the Austrian company Runtastic. As part of the primary marketing strategy in fitness app industry, the company offers a wide range of portfolio with 20 different mobile apps running on all platforms. Runtastic was bought by Adidas in 2015 to increase its market share in the global fitness market industry. Sweat: Kayla Itsines Fitness is an app offered by The Bikini Body Training Company. This app provides nutrition recommendations and a series of aerobic exercises in the Bikini Body Guide (BBG) to practice at home.

 

In regards with the global fitness app market share, North America was in the forefront followed by Asia Pacific and Europe. The increasing population in the region coupled with high disposable income drives the market growth. The sedentary lifestyle of consumers in the region has encouraged them to adopt fitness apps to stay healthy and acquire proper nutrition. Asia-Pacific is expected to grow at the highest rate during the forecast period. Increasing disposable incomes in developing countries of this region, rising awareness and increasing health consciousness, growing presence of fitness centres, and growing penetration of smartphones further foster the growth of the fitness app industry in this region.

 

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The key companies profiled in the report fitness app market analysis includes MyFitnessPal Inc., Dom and Tom Tom, Motorola Mobility LLC, Grandapps, Fitbit, Azumio, WillowTree, Inc., ASICS, Under Armour, and Appster among others. These companies launch new products and collaborate with other market leaders bringing innovation to meet the increasing demand of consumers.

 

Polaris Market Research has segmented the global fitness app market on the basis of type, platform, deployment, gender, and region:

Fitness App Type Outlook (Revenue, USD Billion, 2015 – 2026) 

·         Workout & Exercise Apps

·         Disease Management

·         Lifestyle Management

·         Nutrition & Diet

·         Medication Adherence

Fitness App Platform Outlook (Revenue, USD Billion, 2015 – 2026)

·         Smartphones

·         Tablets

·         Wearable Devices

Fitness App Deployment Outlook (Revenue, USD Billion, 2015 – 2026)

·         Android

·         iOS

·         Windows

·         Others

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Breast Cancer Therapy Market Size, Analytical Overview, Growth Factors, Demand and Trends

 The Global Breast Cancer Therapy Market is anticipated to reach USD 29.6 Billion by 2026 according to a new research published by Polaris Market Research. In 2017, the targeted therapy segment dominated the global market, in terms of revenue.

 

Breast cancer is a disorder which is observed as malignant cell growth in the breast area. Such cancer can start at the breast tissue, ducts, or the lobules. In general, cancers developing from lobules are known as lobular carcinomas while cancer developing from the ducts are known as ductal carcinomas. The symptoms of cancer include dimpling of the skin, lumps, alteration in the breast size and impeding of fluid coming from breast. Generally, breast cancer is observed as the common disease in women over the age of 50. Moreover, the breast cancer is second most common disorder among all cancer types. This disease can be diagnosed and controlled by imaging test, physical tests, biopsy and appropriate care.

 

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The global breast cancer therapies market is majorly driven by increasing occurrence of breast cancer cases across the globe. Rising number of breast cancer cases are related with early menarche, protracted exposure to endogenous estrogens, late menopause and late stage at first childbirth which all are anticipated to render high impact on the market growth. In addition, launch of several screening and diagnostic programs and increasing advancement in technology are other factors expected to make a remarkable growth in the market. Moreover, increasing occurrence of obesity in women after menopause, increasing consciousness regarding breast cancer, and lifestyle risk factors (alcohol consumption and smoking) are other circumstances expected to drive the growth in global breast cancer therapies market.

 

Geographically, North America accounted for the largest share in the global breast cancer therapies market in 2017. The dominance is majorly owing to the increasing R&D funding through private and public organizations along with growing prevalence of breast cancer in the region. Moreover, increasing geriatric population majorly in U.S. and, breast feeding termination at an early stage are factors stimulating the risk factors for breast cancer development which in turn is expected to support the growth of breast cancer therapies market in North America region. Asia Pacific breast cancer therapies market is expected to grow at significant rate during the forecast period due to increasing occurrence of disease coupled with increasing rate of lifestyle changes and health risks associated with it. Moreover, increasing adoption of technology, refining economic settings, and rising awareness regarding disease preventions are other factors boosting the breast cancer therapies market growth across Asia Pacific region.

 

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The leading companies profiled in the Breast Cancer Therapies Market report include AstraZeneca, Bayer AG, Danaher, Bristol Myers Squibb, Eisai Co., Ltd., Merck & Co., Novartis AG, Novocure, Pfizer Inc., and F. Hoffmann-La Roche AG.