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High Temperature Elastomers Market -Thermosetting elastomers used in automobile and transportation industry: Advanced technologies & growth opportunities in global Industry by 2023

Elastomers are polymers that possess elasticity and viscosity along with weak intermolecular forces. The elastic property helps elastomers retain their original shape once the deforming force is removed. Monomers of elastomers contain carbon, hydrogen, oxygen and silicon. Together, these monomers form elastomeric polymers. Elastomers possess thermosetting as well as thermoplastic properties. Thermoplastic elastomers belong to the category of polymers that melt at a specific temperature. Thermosetting elastomers do not melt at high temperatures. Thermosetting elastomers are commonly known as high temperature elastomers. High temperature elastomers do not melt; these convert into gaseous state at high temperatures. High temperature elastomers are generally insoluble in common solvents such as water. The chemical inactiveness of high temperature elastomers makes them chemical resistant and anti-corrosive. High temperature elastomers are widely used in the automobile and transporta...

Global Wax Market: Growing Demand for Synthetic Wax to Expand Market at a CAGR of 2.6% during 2014-2020

A recent research report published by Transparency Market Research projects the  global wax market  to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “ Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013 and at 4,539.9 kilo tons in terms of volume. The report points out that the rising base of end-use industries such as adhesives, rubber, cosmetics, packaging, candles, and wood and fire-logs is driving the global wax market. The growing demand from the packaging and cosmetics industries is particularly contributing towards the growth of the market. However, the closure of Group I base oil refineries will inhibit the growth of the global wax market during the forecast horizon. The overall market has a huge opportunity to grow with the introduction of gas-to-liquid (...

Medical Polymers Market to Reach US$17.13 Billion by 2020 owing to Growing Consumer Awareness

A recently released report from Transparency Market Research (TMR) forecasts that the global medical polymers market, will grow at a CAGR of 8.3% between 2014 and 2020. TMR, a market intelligence firm based in the U.S., states that the global medical polymers market will reach a value of US$17.13 billion by 2020, from US$9.80 billion in 2013. The report, titled ‘ Medical Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ’, is available for sale on the company website.  According to this market research report, factors such as rising consumer awareness, developments in the area of polymer science, and a rapidly growing global population play a key role in the growth of the global medical polymers market. The demand for medical polymers has been on the rise owing to their widespread application as substitutes for glass and metal in the production of medical equipment and devices. With the passage of time, the demand ...

Global Smart Materials Market to Reach US$63.2 bn by 2020, Rising Demand for Piezoelectric Devices to Drive Growth

Transparency Market Research has released a new report, titled “ Smart Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ,” providing a comprehensive overview of the global start material market, covering the various factors influencing the market between 2014 and 2020.  The rising popularity of piezoelectric devices is one of the key factors driving the global smart materials market. Piezoelectric devices are used for various purposes across industries such as security and defense, industrial equipment, aerospace, defense and security, medical, automotive, commercial sonar, home goods, and power generation and flow monitoring.   Smart materials refer to a class of reactive materials that change a few of their properties in response to changing external environment conditions. These materials possess unique properties that can be changed or altered. Smart materials can sense the change in their external environm...

Heat Transfer Fluids - Branch of Thermal Engineering: Avoids Overheating of any device- Advanced technologies & growth opportunities in global Industry by 2018

Heat transfer is a branch of thermal engineering that deals with the use, exchange, generation, and conversion of thermal energy and heat, especially for physical systems. Heat transfer is classified into thermal convection, thermal conduction, thermal radiation, and energy transfer as a result of phase change.  Heat transfer fluid is a substance that avoids overheating of any device or is used for storing thermal energy. In order to perform this operation, the heat transfer fluid needs to be circulated through its mechanical parts thereby transferring the heat from one device to another. These heat transfer fluids have a wide range of applications in chemical industries, automotives, petroleum processing, solar power plants, and in manufacturing processes. The heat transfer fluids market is classified based on the product type into mineral oils based products, PAG and glycol based products, and silicone and aromatics based products. Based on applications they are segment...

Unsaturated Polyester Resin Market to Expand at CAGR of 7.5%, to Reach US$10.48 Billion by 2019

Transparency Market Research has published a new report analyzing the  global unsaturated polyester resin market , titled ‘ Unsaturated Polyester Resin Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019 ’. The report estimates that rising demand from the construction industry will enable the unsaturated polyester resin market to improve upon its 2012 valuation, US$6.54 billion, to reach a market value of US$10.48 billion by 2019, at a CAGR of 7.5%. Unsaturated polyester resin has various applications in the construction industry. The market suffered as a result of the 2008 recession, but the post-recession boom for the construction industry is expected to aid the unsaturated polyester resin market during the report’s forecast period. Get Sample PDF file of Unsaturated Polyester Resin Industry:    http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=857 The report looks into the global unsatur...

Global Chitosan Market Propelled by Rapid Increase in Water Treatment Applications, Poised to Reach US$4.20 bn by 2020

Transparency Market Research (TMR) has recently published a market study on the  global chitosan market , estimating it to expand at a healthy CAGR of 17.70% during the period from 2014 to 2020 and reach a market value of US$4.20 bn by the end of the forecast period.The report titled, “ Chitosan Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ”, states that the worldwide chitosan market stood at US$1.35 bn in 2013. In terms of production, the market is likely to register a CAGR of 16.0% during the forecast period, states the research report. The rapid increase in the water treatment applications across the world, coupled with rising usage of cosmetics having organic ingredients, is propelling the global chitosan market significantly.The report analyzes the worldwide market for chitosan on the basis of its application. Water treatment plants, industrial units, food & beverages sector, biomedicine and pharmaceuticals, cos...