Wednesday, 28 September 2016

Polyether Ether Ketone (PEEK) Market is Predicted to Reach USD 1.03 Billion by 2024

The global polyether ether ketone (PEEK) market is expected to reach USD 1.03 billion by 2024, according to a new report by Grand View Research, Inc. Increasing high-performance plastics demand as a substitute to metals in automobiles on account of growing need for high efficiency and low weight materials is expected to drive overall industry demand in near future.

The stringent environmental regulatory framework in developed markets of the U.S. and Europe has forced the automobile industry participants to use such an alternative which helps in decreasing fuel consumption by enhancing overall fuel efficiency. Such regional trends are anticipated to positively impact global volumes over the forecast period.

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

Glass filled was the major product segment and accounted for approximately 44.9% of total market volume in 2015. The product finds application in industrial, electric & electronics applications. Carbon filled is anticipated to witness at the highest CAGR from 2016 to 2024.

Further key findings from the report suggest:

The global PEEK market demand was 5,048.2 tons in 2015 and is expected to exceed 10,000 tons by 2024, growing at a CAGR of 8.5% from 2016 to 2024

Automotive emerged as the leading consumer of PEEK and accounted for 28.1% of total volume in 2015. It is also expected to witness the highest growth of 9.4% over the forecast period. Increasing need for a highly efficient material which will help in reducing fuel consumption resulting in lower emission levels is expected to drive this segment.

The product is widely used for industrial applications including packaging, textile, and printing. Growing waste disposal concerns coupled with strict environmental regulations related to packaging is anticipated to positively impact PEEK demand in industrial applications.

Europe was the leading regional market and with demand share estimated at 54.2% in 2015.Stringent environmental regulatory framework to curb overall weight of automobiles is expected to drive the regional market.

About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519

Friday, 23 September 2016

China Calcium Carbonate Market Cost and Price, Analysis, Key Trends and Opportunities Forecasts 2018

As of 2013, China’s output of calcium carbonate had reached 23 million t and had became the largest calcium carbonate manufacturer in global. In 2013, the outputs of light calcium carbonate and heavy calcium carbonate were 10.5 million t and 12.5 million t respectively. In recent five years, the annual average growth rate of calcium carbonate industry was about 13%, which met the demand for calcium carbonate by national economy development.

At present, there are about 400 light calcium carbonate manufacturers, taking the small and medium-sized enterprises as primary, the manufacturers with annual output exceeding 300,000 t are less than 5%, the number of manufacturers with output exceeding 100,000 t are less than 60, the outputs of the rest of over 300 manufacturers are only 10,000-15,000 t separately. Seeing from the supply structure of light calcium carbonate, the output of micro-powder calcium and particle calcium accounts for about 70% of total output, active calcium accounts for 12%, and superfine calcium and Nanometer Calcium accounts for 18%.

In 2013, the consumption of calcium carbonate stood at 22.9 million t in China, in which, the consumption in machine-made paper and paper board industry accounted for 36% of total consumption of calcium carbonate, plastic product industry accounted for 31%, coating industry accounted for 14%, and rubber product industry accounted for 5%. In recent years, these industries keep fast growth, which also drives the development of calcium carbonate industry.

As for the calcium carbonate products in China, in respect of total output, the supply meets demand basically, while in respect of product structure, the supply of low and middle grade products exceeds demands, the high grade products are in short supply and needs import. In China, the fine grinding calcium carbonates (FGCC) used for paper-making and superfine active light calcium (nanometer calcium carbonate) mainly rely on import.

Request Sample Copy of This Report @