Polyvinyl Alcohol Market Size - Industry Analysis, Share, Growth, Trends, And Forecast 2020-2026

The global polyvinyl alcohol (PVA) market was valued at USD 832 million in 2017 and is anticipated to reach USD 1.39 billion by 2026.  grow at a CAGR of around 4.7% globally from 2018 to 2026 According to a new study published by Polaris Market Research

A detailed study on The report “Polyvinyl Alcohol (PVA) Market Share, Size, Trends, Industry Analysis Report By Grade (Fully Hydrolyzed, Partially Hydrolyzed, Sub-Partially Hydrolyzed); By Application (Packaging, Textiles, Paper, Construction, Polymerization aids and Others ); By Regions, Segments & Forecast, 2018 – 2026” this report undertakes an accurate competitive analysis illustrating the status of market majors in the projection timeline, while including their expansion strategies and portfolio.

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Polyvinyl alcohol is a biodegradable polymer with distinct properties depending upon the degree of polymerization and hydrolysis.  This polymer holds a significant market on account of its large number of end-use applications such as pigment binder in paper, sizing agents in textiles, adhesives, polymerization aids, and others. One another crucial application for the product includes its conversion to polyvinyl butyral, which is used in further in architectural and automotive applications.

Biodegradability is the most significant parameter that has driven the demand for polyvinyl alcohol (PVA) globally. Due to this factor, the product is most preferred for biodegradable packaging and green construction products. Rising awareness and increased consumer preference for healthy food packaging has substantially led the polyvinyl alcohol (PVA) market across many parts of the world. PVA can biologically degrade in microbial environment and has high resistance to moisture, thus impacting the demand for improved eco-friendly PVA.

The supportive regulatory policies and principles for proper waste disposal with no harmful environmental impact has backed up the growth for the polyvinyl alcohol (PVA) market. Regulatory bodies such as European Chemical Agency (ECHA) and National Institute of Occupational Safety and Health (NIOSH) have evidently defined the concentration levels of PVA in the environment for non-toxicity.

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Polymerization aids and textile industry are two are most important end-uses for the polyvinyl alcohol followed by green construction materials. Also, the manufacturing technology has been enhanced from the standpoint of quality, scale of production, environment, and safety. PVA is produced from vinyl acetate monomer, which has over-supplied market with diversification in production of different vinyl-based polymers, differing with regions of the world.

Asia Pacific is the largest polyvinyl alcohol (PVA) market with China as the largest producing country globally. The country is expected to witness decent growth in for PVA in the next five years due to steadily growing fiber market, however, the growth will be slower as compared to the last five years. United States is another mature polyvinyl alcohol (PVA) market on account of large production polyvinyl butyral (PVB) resin, which is manufactured from PVA.

Western Europe also comprises of significant market for PVA mainly due to higher demand for PVB resin. Some of the new applications for PVA in this region include biodegradable thermoplastic polymers and ceramic binders, where the traditional applications are anticipated to recover and increase.

The global polyvinyl alcohol (PVA) market comprises of large number of companies. Some of the key market players include Eastman Chemical Company, Nippon Synthetic Chemical Industry Co., Sinopec Sichuan Vinolyn, Dow Dupont, Kuraray Co. Ltd, Sigma-Aldrich, and Anhui Wanwei Group Co., Ltd.

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Key Segments:

PVA Market Size and Forecast by Grade Type, 2018-2026

• Key Findings
• Fully Hydrolyzed
• Partially Hydrolyzed
• Sub-Partially Hydrolyzed

PVA Market Size and Forecast by Application Type, 2018-2026

• Key Findings
• Packaging
• Textiles
• Paper
• Polymerization Aids
• Others

PVA Market Size and Forecast by Regions

• North America [U.S., Canada]
• Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
• Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
• Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]
• Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]
• 
  

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Polyacrylate Market Size - Industry Analysis, Share, Growth, Trends, And Forecast 2020-2026

 The global polyacrylate market is anticipated to reach USD 2.14 billion by 2026 according to a new study published by Polaris Market Research. Polyacrylate is among one of the most largely used polymer for numerous end-use products. The global polyacrylate market is primarily driven by the tremendous growth of paints & coatings, adhesives, and textile markets. This polymer is used in versatile applications on account of its excellent characteristics.

 

In the fast-growing paints & coatings industry, polyacrylates are used in powder coatings applied to appliances & automotive parts, in solvent-borne coatings applied to substrates in corrosive environment & construction structures, and in water-based coatings for applications in the architectures & protective segment coatings.

 

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Rising global population in tandem with the increase in disposable incomes has led to growth of many end-use industries that include high growth prospects of the Polyacrylate Market. Increase in construction activities in many nations, especially the developing countries and revamping of the older structures coupled with consumer demand for feature-rich coatings has mainly driven the demand of polyacrylates in this end-use industry.

 

Many types of polyacrylates are used in different end-use products. Sodium polyacrylate are largely used in baby diapers, personal care, and textile industry. Though these polymers do not have much technical advancement, however are widely used on account of their availability, low-cost, and substantially effective characteristics. Polyacrylates have very insignificant environmental impact with a crucial disadvantage from the substitutes products.

 

Asia Pacific is the dominant regional player for the Polyacrylate Market. China, India, and Japan are the significant countries for its growth with high consumption. Other developing countries such as Indonesia, Thailand, and Vietnam have also witnessed growth in their end-use industries such as paints & coatings with the rising construction activities, this has supported the high growth of polyacrylates.

 

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​The major restraint that the polyacrylate market has witnessed is threat of substitutes. This polymer has many other resin alternatives that instead can be used for the formulation of paint & coatings and dispersants. Moreover, latest technical developments and advancements in the material science of the substitutes is also expected to become a wider restraint for the market. Few of such resins include epoxy, alkyd resins, and polyurethane. These polymeric resins have witnessed higher growth on account of their superior properties.

 

The global polyacrylate market comprises of large number of multinationals and local market players. Polyacrylates industry is highly competitive and moderately consolidates due to large number of established chemical market players. Some of the major market players for polyacrylates include BASF SE, Arkema, Evonik Industries AG, Lucite International, LG Chem Ltd., DowDupont, Kao Corporation, Sanyo Chemical, and RSD Polymers Pvt Ltd.

 

Crawler Tractor Market Size - Industry Analysis, Share, Growth, Trends, And Forecast 2020-2026

 The global crawler tractor market size is expected to reach USD 3.94 billion by 2026 according to a new study by Polaris Market Research. The report “Crawler Tractor Market Share, Size, Trends, Industry Analysis Report By Type (Low HP, High HP); By Application (Agriculture, Construction, Mining, Forest, Other); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Elevated demand for advanced machinery, including agriculture, mining, forestry and construction, is driving the global market. In order to develop and improve the capacity and applications of present tractors, firms operating in this sector are conducting rigorous studies. Continuous innovation in technology and product launch allows companies to gain a competitive edge and to boost their sales. Moreover, the need for these systems in several fields is driven by increased maintenance and installing activities for rebuilding infrastructure in combination with road construction activities.

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Moreover, the developments in agriculture have increased demand for modern equipment in order to enhance productivity. This is also seen as one of the principal factors contributing to the growth of crawler tractors. However, during the forecast period, the elevated expenses of crawler tractors will probably diminish market growth, along with the absence of skilled laborers to use these large and powerful machines.

Over the centuries, the crawler tractor has established itself as a heavy duty operations solution. Crawler tractors generally use heavy duty tracks instead of pneumatic tires for plenty of activities than standard tractors, allowing their weight to distribute them far more evenly across the earth and allowing them to reach regions in which rubber tires fail to perform. Due to the large surface area, they are considerably more stable while operating slower than the average tractor and are significantly less likely to sink to soft surfaces. A crawler tractor has the advantage of having a much wider range than a wheeled tractor to spread its weight. The soil is not as tight as a wheeled tractor with a crawler. In agriculture, where the ground is compacted, this is monumental. This has resulted in its comprehensive use in agriculture, one of the major vertical sectors that drives the global market.

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The global market for crawler tractors was dominated by the construction industry. Most tractors are used to move and design heavy earth. A blade or crane attachment is provided for the base monitoring chassis. Many tracked vehicles are also used in agriculture. In fields where a rolling vehicle could not cross, the tractor is accountable for efficient building projects. This resulted in its dominant use in the construction sector.

North America was the dominant market for crawler tractors in 2018 and hold the largest market share in the global market. The important factor attributed to this major market size is that advanced methods are increasingly being implemented to make human job a lot easier. While this region dominates the market, steady growth in this region is anticipated. The majority of the countries of Europe and Asia-Pacific are expected to experience rapid growth in the global crawler sector.

The primary industry players include John Deere, Liebherr Group, Caterpillar Inc., Case IH, New Holland, Chetra, Dressta, HBXG, Hitachi, Komatsu, Mitsubishi, YTO, Kubota, DEUTZ-FAHR, CLASS, AGCO Corp, Shantui, among others. Emerging economies such as India and China are considered to be the major markets due to continuous development in construction and mining, thus giving major companies to expand their operations. This can be seen with major companies expanding their operations in these regions along with many local or regional players coming with new products for the local market.

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Advanced Glass Market Size - Industry Analysis, Share, Growth, Trends, And Forecast 2020-2026

 “Advanced Glass Market Share, Size, Trends, Industry Analysis Report By Function (Safety & Security, Solar Control, Optics & Lighting, High Performance), Product Type (Laminated, Coated, Toughened, Ceramic), By Application (Construction, Automotive, Aerospace, Electronics, Sports, Others) ); By Regions, and Segments Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global advanced glass market size is expected to reach USD 95,369.5 million by 2026 according to a new study by Polaris Market Research.

Advanced glass is made by using advanced substances like soda ash, natural gas and silica sand and cutting-edge technologies. The advanced glass is available in various types such as laminated, toughened, coated and ceramic glass among others. These are used because of its various benefits such as protection from ultraviolet lights, anti-shattering, and sound control among others. They are used in wide range of applications such as automotive, aerospace, construction, electronics, sports and others.   

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Some of the leading players in the global market include Saint-Gobain, PPG Industries, Huihua Glass Co. Ltd., Guardian Industries, Sisecam Group, Glaze-Tech Industries, Nippon Sheet Glass Co., Ltd., AGC, Fuyao Glass Industry Group Co., Ltd., Sangalli Vetro Manfredonia, American Precision Glass Corp, Gentex Corporation, Schott AG, NSG Group, Xinyi Glass Holdings Limited, Occipital Inc, Abrisa Technologies, Murata Manufacturing Co Ltd, and CoorsTek, Inc., among others. The key players in this market have adopted the strategy of mergers and acquisitions as a major developmental strategy in order to gain competitive share in the global market. In addition to this, providing application specific advanced glasses is also expected to bring in new opportunities for the major players in this market.

One of the major factors driving the demand for advanced glass in the global market is the development of building and construction industry. Rapid urbanization coupled with increase in population has led to augment in demand for infrastructures, which in turn has propelled the demand in the global industry. Advanced glass offers heat and solar control, thus making it the perfect option for infrastructure. However, high costs associated with them Are expected to hamper the growth in demand in the forthcoming years. The increase in demand for renewable resources coupled with stringent regulations regarding usage of energy efficient materials is anticipated to bring in new opportunities for the key players in this market.

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Laminated glass segment holds a major share in the global market. Increasing demand for aesthetics and infrastructure across the globe has propelled the growth in demand for this segment. Coated glass is also expected to exhibit rapid growth in the overall market. Asia Pacific is expected to witness exponential growth over the forecast period. Rapidly growing construction market in this region is projected to fuel the growth in demand for advanced glass. Automotive sector is anticipated to exhibit exponential growth over the forecast period. The increase in use as windshields in automotive sector is also expected to fuel the growth in demand for advanced glass across the globe.

 

Cosmeceutical Market Overview, Detail Analysis & Forecast To 2026

 The global cosmeceutical market size is expected to reach USD 98.7 billion by 2026 according to a new study by Polaris Market Research. The report “Cosmeceutical Market Size, Share & Trends Analysis Report By Product Type (Skin Care, Hair Care, Oral Care), By Distribution Channel (Supermarkets & Specialty Stores, Online Platform), By Region, And Segment Forecasts, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market for cosmeceuticals includes the growing category of cosmetic products with drug-like advantages. These products are rapidly outperforming the growth rate of all other product sections in the personal care and cosmetics sector. The various kinds of cosmeceuticals on the market include lip care, hair care, whitening of the tooth, skin care, injection and others. Of these, the section of skin care retains a major share and is followed by the segment of hair care. Anti-aging products are most common in the skin care segment, resulting in peak gross revenue.

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Some of the key players in the market are AVON, Procter & Gamble, Croda International Plc., L’Oréal, Corporation, Beiersdorf, Johnson & Johnson, Allergan, Unilever, Estee Lauder Inc, BASF SE, and Bayer AG among others.

Over-the-counter cosmeceutical medicines are accessible and are usually used as part of daily routine skin care therapy to improve texture, acne, pigmentation, skin tone, and fine lines. Some of the prevalent components used in cosmeceutical products are retinoids, antioxidants, exfoliants, peptides and proteins, and botanical extracts.

Growing consumer awareness of appearance, increasing preference for natural / organic goods, increasing disposable income in emerging economies, the accessibility of technologically sophisticated and user-friendly cosmeceutical products are driving this market’s development. On the other side, it is probable that deceptive marketing methods will restrict market growth. It is anticipated that the increasing number of middle-aged people, a fast-paced life and a burgeoning urban population will further drive market demand. Also stimulating development was the availability on the market of a plethora of superior quality and premium price cosmeceutical products.

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Cosmeceuticals products are used in a host of other tasks, such as tooth whitening, skin irritation, skin lightening. Putting a roadblock on the worldwide cosmeceuticals market’s development route is the fast development of various therapy alternatives. The emergence and popularity of natural and organic products is a main trend observed on the worldwide cosmeceuticals market.

In addition, females are constantly struggling with sedentary and hectic lifestyles of working, so they get far less time to put on daily makeup. This has forced them to purchase medicinally-advantaged cosmetic products to prevent using make-up. In addition, customers worldwide are conscious of the skin’s benefits of antioxidants, organic ingredients, and peptides. Increasing beauty and health awareness among rich and knowledgeable customers has therefore resulted in increased market growth.

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Apheresis Equipment Market Share, Business Strategies, Growth Analysis, Regional Demand By 2026

 The Global Apheresis Equipment Market Is Anticipated To Reach Over USD 5,351.17 Million By 2026 according to a new research published by Polaris Market Research

 

An apheresis apparatus is a device which collects blood that is detached from a donor’s or patient’s body and splits up it into its several constituents such as red blood cells, platelets, plasma, and white blood cells. Depending on the purpose for apheresis, one of these constituents is collected and isolated by the equipment, while the others components are reverted to the body.

 

Polaris Market Research’s report on apheresis equipment market spans more than 90 pages and includes more than 70 tables and figures. Browse the detailed table of contents for, “By Procedure Type (Plasmapheresis, Plateletpheresis, Leukapheresis, Lymphopheresis, Erythrocytapheresis); By Application (Blood Donation, Therapeutic Purpose); By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Blood Donation Centers); By Regions (North America – U.S., Canada; Europe – Germany, UK, France, Italy, Russia; Asia-Pacific – China, India, Japan, Australia; Latin America – Brazil, Mexico; Middle East & Africa – UAE, Saudi Arabia, South Africa)]: Market size & Forecast, 2017 – 2026” on 

 

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Some major key players in global apheresis equipment market include Haemonetics Corporation, Fresenius Kabi (Fenwal), Asahi Kasei Kuraray Medical Co. Ltd., Terumo BCT, Inc., HemaCare Corporation, Therakos, Inc. and B. Braun Melsungen AG among others.

 

Rising occurrence of blood-related ailments leading to the increase in demand for plasma and platelets is expected to serve the market as a high influence rendering driver. Moreover, the apheresis equipment market is driven by advancement in technology intended at delivering comparatively more rapid and effective results. Healthcare experts and researchers are now in the need for instruments that require minimum human involvement and institution of fully automatic apheresis equipment with improved displays is anticipated to augment the usage rates further bolstering the market growth.

 

The global apheresis equipment market is segmented on the basis of procedure type, application, end user, and geography. On the basis of procedure type, the global Apheresis Equipment Market is segmented into Plasmapheresis, Plateletpheresis, Leukapheresis, Lymphopheresis, and Erythrocytapheresis. In 2017, the Plasmapheresis is estimated to dominate the market growth. Increasing occurrence of blood-related diseases and rising demand for plasma-derived drugs are anticipated to serve as a primary growth driver of this segment. On the basis of application, the global apheresis equipment market is segmented into Blood Donation and Therapeutic Purpose. The therapeutic purpose is further categorized into Renal, Hematology, and Other Rare Diseases. On the basis of the end user, the global apheresis equipment market is segmented into hospitals, clinics, ambulatory surgical centers, and blood donation centers. On the basis of end users, the hospital segment is anticipated to dominate the market growth in 2017.

 

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On the basis of region, the global apheresis equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was projected to dominate the global apheresis equipment market. The domination is majorly owing to growing healthcare spending, the existence of a high number of market players, high donor awareness levels, and relatively higher number of Research & Development movements concerning to product manufacturing and marketing accomplishments in this region. However, Asia Pacific is expected to dominate the global apheresis equipment market. Growing amount of diverse types hematological ailments in this region is the major factor boosting the growth of apheresis equipment market during the forecast period.

 

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Tumor Ablation Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2026

 The global tumor ablation market is anticipated to reach USD 2.4 billion by 2026 and is market to grow at a CAGR of 10.0% from 2018 to 2025. according to a new study published by Polaris Market Research.

 

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Ablation is treatment for the destruction of liver tumors without removing them. These technique is used in patients with few small tumors and when surgery is not a worthy option due to reduced liver function or poor health condition. These treatment is sometimes used in patients waiting for a liver transplant. Generally, tumor ablation is a minimally invasive surgical method to treat solid cancers. Special probes are used to freeze or burn cancers without the surgery. Ultrasound (US), Computed Tomography (CT), or Magnetic Resonance Imaging (MRI) are used to guide and position the needle probe into the tumor. The most common cancers treated by this method are lung cancer, liver cancer and kidney (renal) cancer. Other cancers can also be treated if the tumor cell are accessible to reach and of appropriate size

The global tumor ablation market is driven by the factors such as rising occurrence of different forms of cancer, technological advancements in the field of tumor ablation for cancer treatment, and rising awareness concerning the benefits of ablation procedures over conventional or traditional surgical procedures. Moreover, rising number of ablation centers, surgical centers, and hospitals are driving the growth of tumor ablation market globally. Additionally, the continual developments in ablation expertise, leading to the increased development of new and pioneering products that are the efficient, safe, and minimally invasive are also advancing towards significant growth of the global tumor ablation market.

With the increasing geriatric population, the demand for minimally invasive surgeries (MIS) is increasing globally. Through minimally intrusive surgeries, the patients result in faster recovery in comparison to conventional invasive procedures. Therefore, the demand for minimally invasive procedures such as radiofrequency ablation and cryoablation is increasing and thereby augmenting the global market growth.

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The global tumor ablation market is segmented on the basis of type of technology, mode of treatment, and application. On the basis of type of technology, the global tumor ablation market is segmented into Radiofrequency (RF) ablation, Microwave ablation, Cryoablation, and others. The radiofrequency ablation is estimated to dominate the global tumor ablation market owing to its design of treating target tissues without causing damage to the surrounding healthy cells. However, microwave ablation technology is expected to grow at the rapid test rate in the upcoming years, due to increasing adoption of microwave tumor ablation among healthcare specialists.

On the basis of the type of technology, the global tumor ablation market is further categorized into surgical ablation, laparoscopic ablation, and percutaneous ablation.  Moreover, on the basis of application the market is segmented into liver cancer, lung cancer, kidney cancer, bone metastasis, and others. Lung cancer is anticipated to grow with the fastest rate in the forecast period due to growing prevalence of lung cancer cases and increasing private as well as government investment to develop new lung cancer ablation products.

Some of the key players operating in global tumor ablation market are EDAP TMS S.A., St. Jude Medical Inc., BVM Medical Ltd., SonaCare Medical LLC, AngioDynamics Inc., Boston Scientific Corp., BTG International Ltd., Integra LifeSciences Holdings Corp., and Medtronic plc. among others.

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• Tumor ablation Market Size and Forecast by type of technology
  1. Radiofrequency (RF) ablation
  2. Microwave ablation
  3. Cryoablation
  4. Others
• Tumor ablation Market Size and Forecast by Mode of treatment
  1. Surgical ablation
  2. Laparoscopic ablation
  3. Percutaneous ablation
• Tumor ablation Market Size and Forecast by Application
  1. Key findings
  2. Liver cancer
  3. Lung cancer
  4. Kidney cancer
  5. Bone metastasis
  6. Others
• Tumor ablation Market Size and Forecast by Regions
  1. North America
     • U.S.
     • Canada
  2. Europe
     • Germany
     • UK
  3. Asia Pacific
     • China
     • India
     • Japan
  4. Latin America
     • Brazil
     • Mexico
  5. Middle East & Africa

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Heat Transfer Fluids Market Increasing Demand, Growth Analysis, and Strategic Outlook

 global heat transfer fluids market is anticipated to reach USD 4.56 billion by 2026. According to a new study published by Polaris Market Research the Rising demand for a wide range of heat transfer fluids from an assortment of industrial sectors is expected to drive the market over the next decade. The industrial trends of these products show that the highest increase in demand has been from the diverse manufacturing base globally and it tends to grow with increase in the expansion of it.

 

The few of the leading industry participants currently operating in a worldwide scale include Dalian Richfortune Chemicals, Hindustan Petroleum Corporation Ltd., Lytron Inc., Honeywell International, Radco Industries, Arkema, Phillips 66, Bharat Petroleum, Indian Oil, Zhongneng Chemical and Huntsman, Dow Chemicals, Paratherm, Schultz Chemicals, Dynalene, Inc. and Therminol.

 

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These fluids are eutectic mixtures that contain two stable compounds. These products practically have identical vapor pressures, so that the mixture or composition can be managed as a solitary compound. These types of fluids are mainly used in those systems that employ either liquid vapor phase heating. These products are stable and are readily not decomposable at high temperatures. These fluids are used effectively either in vapor or liquid phase systems. Their low viscosity that remains throughout the operating range eventually results in an efficient transfer of heat; start-up and also problems related to pumping are minimized. These fluids are noncorrosive to normal alloys and metals. The functional qualities of these products are expected to boost demand over the forecast period.

  

Nanofluid has emerged as a novel type for heat transfer medium. It contains nanoparticles (around 1–100 nm) that are stably and uniformly distributed in the base fluid. These nanoparticles that remain distributed, generally in a metal oxide or metal significantly enhance the nanofluid’s thermal conductivity. It increases the convection coefficients and conduction that allows for additional heat transfer nanofluids to be applicable for applications such as the advanced heat transfer fluids. However, owing to a wide variety and complexity of these nanofluid systems, no such agreement is yet achieved on its magnitude of the potential benefits of applying nanofluids for the heat transfer systems applications. 

 

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Compared to the conventional suspensions of solid–liquid for heat/thermal transfer intensifications, nanofluids with properly dispersed nanoparticles come with several other advantages. Hence, with such advantages and advancements in raw materials for manufacturing heat transfer fluids, demand for these products are expected to increase further in the near future.

 

Asia Pacific Heat Transfer Fluids Market is expected to account for the maximum demand for these products in the next eight years. With increasing industrialization in the region especially in Japan, India, Korea and even Australia demand for these products are anticipated to grow even higher. Europe was also a potential market in terms of consumption, but the industry has been experiencing a sluggish growth since few years and the region is primarily dependent on import of these products. Consumption of these products have been increasing slightly on a yearly basis.

 

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Halal Cosmetics Market Increasing Demand, Growth Analysis, and Strategic Outlook

 The global halal cosmetics market is anticipated to reach USD 22.53 billion by 2026 according to a new study published by Polaris Market Research. The market growth is primarily due to increase in Muslim populations and their purchasing power. This has created a surge in demand for halal cosmetics. Increasing demand has also compelled market players to engage in new product development.

 

Currently, consumers are exhibiting growing interest in halal cosmetics and personal care. This is primarily due to the increasing consumer awareness about the importance of personal hygiene and improving lifestyles as a result of increasing disposable income. Halal cosmetics being different from conventional cosmetics are gaining popularity, as these cosmetics do not contain alcohol, porcine-by products and their derivatives. Basically, they do not contain contents or ingredients that are against Islamic beliefs. 

 

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Halal cosmetics are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and high quality. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to personal care and halal cosmetics industry. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on beauty and personal products.

 

The growing issues over the environmental and health hazards are also responsible for such as significant impact on the cosmetic industry. Some of the health hazards such as distortion, breast cancer, and abnormalities pertaining to genital are usually blamed to occur as a result of excessive usage of cosmetics products comprising nano-particle ingredients. The increasing in number of such events has promoted consumer awareness about the substance of beauty products, thus, driving demands for halal personal care and cosmetic goods.

 

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Low level of awareness about the presence of halal cosmetic brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing heavy demands as expected out of its potentials. Moreover, halal issues within the sector are considered quiet minor among consumers in comparison to food consumption. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal cosmetic brands.

 

Asia Pacific is anticipated to dominate the global halal cosmetics market, owing to the  presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follow Islamic beliefs.

 

The list of key companies that are operating in the market include Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co., Ltd., PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab, and IBA Halal Care. These players are observed engaging in activities aimed at the development of new products.

 

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Automotive lubricants Market Growth Factors Details, Trends, Comprehensive Research Including Top Companies

 The global automotive lubricants market is anticipated to reach USD 75.63 billion by 2026 according to a new study published by Polaris Market Research. Increasing demand for high quality lubes from automobile manufacturers has created a surge in demand for these products. The economic, regulatory and political forces have reshaped the dynamics of the lubricants demand and supply throughout the globe. Opportunities for the industry participants to expand the business have continued to emerge significantly. The automotive lube segment has emerged as a major growth market, in addition to a source of competitively priced mechanism in the overall lubricant industry. Currently strong growth in the automotive manufacturing industry is creating several new market opportunities for these product manufacturers.

 

In the automobile industry, the consumers have been migrating for enhanced quality vehicles and the increase in demand for the four stroke motorbikes. Manufacturers of these products with significant tie ups with the OEMs that use lubricants of higher-grade quality, offering multi-grade lubricants with powerful brand recognition and wide range of distribution networks are expected to gain higher market share in the competitive industry space over the forecast period. Increased car and motorcycle stock, increase in agricultural machinery driven lubes consumption have been the primary factors to drive the automotive lubricants market.

 

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The multinationals players with superior technology, brand image and finances have retained the power to introduce themselves on their own in the industry. However, with the increasing number of companies it has been not a easy task for everyone to attain a carve a niche in the industry space. The sector has witnessed significant numbers of acquisitions and mergers. The most recent is the acquisition of Castrol by British Petroleum. Several recent deregulations in the automobile lubricant industry have promised numerous new opportunities especially for the private lubricant manufacturers operating in many foreign countries.

 

 The Asia Pacific Automotive Lubricants Market is expected to generate the highest demand for these products by 2026 with an increasing demand especially from the small four-wheeler segment. Increasing industrialization rate in the emerging economies such as India, Vietnam, Philippines, Malaysia, and Indonesia along with high demand from China, South Korea, Japan and Australia have added additional numbers to the yearly automobile manufacturing volume in the region. This is expected to be the major factor expected to drive demand for the products over till 2026 and beyond.

 

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The few of the leading automotive lubricants market participants currently operating in a worldwide scale include Valvoline, Arabol Lubricants, Total Oil, BP, Indian Oil Corporation, Phillips 66 Lubricants, Bel-Ray Company LLC., Amsoil (Wisconsin), Bharat Petroleum, Morris Lubricants, Ultrachem  Inc , Penrite Oil, Valvoline ,  Rock Valley Oil and Chemical Co., Peak Lubricants Pty Ltd , Lubrizol, Liqui Moly,  Eni S.P.A.  and Emulsichem Lubricants Pvt. Ltd.

 

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Animal Feed Market Increasing Demand, Growth Analysis, and Strategic Outlook

 The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market Research. The report ‘Animal Feed Market Size By Product Type (Compound Feed, Fodder, Forage), By Animal Type (Livestock (Poultry, Cattle, Pigs, Aquaculture, Others) Pet Animals), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Animal feeds have contributed significantly in the growth of food industry globally and feed are among the most crucial and essential component for retaining abundant, affordable and safe animal proteins. For over a decade, the world has witnessed rising demand for proteins derived from animal, including fish, livestock, and dairy. The growth has been witnessed mainly in the developing regions as reported by IFIF, wherein the developed regions have witnessed fluctuating stabilities in growth. The global feed industry has witnessed production expansion in terms of volume and value. This phenomenon has taken place concerning growing worldwide population, more consumer purchasing power, and rising urbanization.

 

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With modern population achieving new levels of political and commercial involvements, there is an anticipated enhancement in the demand for animal feed further which is crucially significant in the entire food chain for its role. As the producer’s perseverance becomes more consumer-oriented and focused, the outcomes include increasing environmental footprint with even more rapidly growing requirements for sustainability. Mill and farm feed have witnessed a push on account of increasing environmental impact and greenhouse gases concerning the production of animals.

 

Some of the significant market participants currently operating in the industry include DaChan Food (Asia) Ltd., Yuetai Group, Smithfield Foods, NongHyup Feed Inc., Tangrenshen Group (TRS), East Hope Group, Nutreco, De Heus, Haid Group, Shuangbaotai Group (Twins Group), Agrifirm Group, JA Zen-Noh, Purina Animal Nutrition, ForFarmers N.V., Tyson Foods (broiler), New Hope Liuhe, BRF, Wen’s Food Group, Cargill, and CP Group.

 

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The selectivity priority by consumers in the purchase of eggs, meat, and dairy products, have been coupled with the questions of particular animal feeds and the breeding conditions related to each. Feed mills are also considered to be most crucial to the value chain as a human diet id directly influenced by these which have also gained an enthusiastic consumer culture. Feed is considered to be very essential as these might contain adulterated components which can be a serious issue for the food safety. Thus, the global feed market has shown interest in extensive production of organically developed high quality animal feed due to changing consumer behaviour related to the quality of output such as milk or meat. These parameters have been continuously playing important role in the advancement of the global feed industry.

 

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the global animal feed industry, 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.

 

Competitive Landscape and Key Vendors

The Asia Pacific is the largest regional market for the animal feed market. The increase in rapid production by meat processors and changing consumer demand & behaviour for organic food products are identified to be among some of the crucial parameters for the growth of feed market in the region. This regional market is expected to witness considerable growth over the forecast period.

 

Multiple new product innovation, unpenetrated & under-penetrated market dynamics, several expansion strategies among the feed producers, surging demand for nutrient-rich & healthy feed, and growing purchasing power, are the most important factors driving the Asia Pacific market. Europe is likely to be another potential regional player for feed production over the forecast period.

 

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