The global microfiltration membranes market size is projected to reach USD 1.8 billion by 2027 from USD 1.2 billion in 2022, at a CAGR of 8.9% during the forecast period. The overall increase in demand for microfiltration membranes in water treatment, food & beverage, and biopharmaceutical industries are supporting the growth of the microfiltration membranes market. The increasing awareness about water & wastewater treatment and stringent government regulations are driving the demand for microfiltration membranes in water treatment.

Microfiltration membranes are used to separate Microfiltration membranes separate microorganisms and suspended particles from water/wastewater. Microfiltration membranes are primarily made from fluorinated polymers and polysulfones. Polivinylidene difluoride (PVDF) is the largest used material to construct microfiltration membranes. PVDF-based microfiltration membranes offer excellent chemical resistance, high hydrophobicity, mechanical strength, and good processability. These membranes are widely used in water & wastewater treatment applications.

Based on filtration mode, the microfiltration membranes market is segmented into cross flow and direct flow. Among these, cross flow filtration mode accounts for the largest market share of the total market. In cross flow filtration mode, the feed to be filtered is continuously recirculated tangentially to a filtration membrane surface. The turbulence at the membrane surface reduces the chances of fouling on the membrane surface, which improves the membrane performance.

Based on application, the microfiltration membranes market is segmented into water treatment, biopharmaceutical processing, food & beverage, chemical, and others. Water treatment which includes municipal water treatment as well as industrial water treatment is the largest segment and is also projected to grow at the fastest rate during the forecast. The increasing awareness about wastewater treatment, and rising water scarcity is driving the demand of microfiltration membranes in the water treatment industry. Additionally, stringent government regulations pertaining to wastewater treatment are supporting the growth of microfiltration membranes market.

APAC is the largest market for microfiltration membranes. This large market share is primarily attributed to increasing demand for microfiltration membranes in emerging economies, such as China, and India. Moreover, growth in population, increasing urbanization rate, and growth in industrialization, and government initiatives to attract business investments in various industries including food & beverage, pharmaceuticals, chemicals, and others are also driving the market for microfiltration membranes in the region. Asia pacific also has a large number of developing countries, and water scarce regions which is also driving the microfiltration membranes market in the region.

The report "Hydrochloric Acid Market is projected to grow from USD 2.5 billion in 2022 to USD 3.4 billion by 2027, at a CAGR of 6.6% during the forecast period, according to a new report by MarketsandMarkets™. The growth of the hydrochloric acid market is attributed to many small-scale applications including household cleaning, constructing buildings, and processing leather. Further, hydrochloric acid has been used to dissolve calcium carbonate, for example, to descale kettles and remove mortar from masonry. When used on brickwork, the interaction between the acid and the mortar only lasts until the entire amount of acid has been converted, producing calcium chloride, carbon dioxide, and water.

Synthetic hydrochloric acid is a chemical substance, an aqueous solution of hydrogen chloride gas. It is colorless to pale yellow and has strong corrosive qualities and an unpleasant odor. The process of burning chlorine in hydrogen and subsequently absorbing hydrogen chloride into water results in synthetic hydrochloric acid. A synthetic grade of hydrochloric acid is offered on the market with a concentration ranging from 33.3% to 35.5%. The synthetic grade of hydrochloric acid meets with European Standard EN939 for the use of a material used for water treatment. Such a high-quality product can be used in procedures that treat water for both industrial and domestic use and in highly demanding industries such as food and cosmetics.

BASF SE (Germany), Covestro AG (Germany), Olin Corporation (US), Westlake Chemical Corporation (US), Occidental Petroleum Corporation (US), Formosa Plastics Corporation (Taiwan), Tata Chemicals Limited (India), AGC Chemicals (Japan), ERCO Worldwide (Canada), Detrex Corporation (US) are the key players operating in the hydrochloric acid market. Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the hydrochloric acid market.

The report "Ballistic Composites Market by Fiber Type, Matrix Type (Polymer, Polymer-Ceramic, Metal), Product (Vehicle Armor, Body Armor, Helmet & Face Protection), Platform (Land, Airborne, Marine), Application and Region - Global Forecast to 2027", size is expected to grow from USD 2.0 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 8.6% during the forecast period. The ballistic composites industry is growing due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, and offer a high level of convenience in mobility to the warriors wearing them.

The aramid fiber ballistic composites have superior attributes, such as high strength, high heat resistance, and durability. Owing to its properties, aramid fiber ballistic composites are used in different product types, such as vehicle armors, body armors, helmets & face protection, personnel transportation, and others. There is a high demand for aramid fiber ballistic composites in add-on armor panels and spall liners of defense vehicles.

North America is the largest market for composites. The major international players are exploring opportunities in the region owing to raw materials, and high demand from various end-use industries. Demand of ballistic composite in North America is growing due to the rising demand from military and law-enforcement sectors and heavy spending on research and military programs. The presence of a large number of ballistic composites manufacturers makes the region the most promising market for ballistic composites.

The key players in the market include Honeywell International Inc. (US), BAE Systems plc (UK), Royal Ten Cate N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Gurit Holdings (Switzerland), Dupont De Nemours, Inc. (US), Teijin Ltd. (Japan), Morgan Advanced Materials (UK), and Southern States, LLC (US), among many others.

The global Conformal coatings market is estimated to be USD 807 million in 2020 and is expected to reach USD 1,081 million by 2025 at a CAGR of 6.0%. Conformal coatings are a type of protective coatings of 25-75µm thickness which are applied to printed circuit boards (PCBs) and other electronic components to protect them from harsh environments such as dust, solvents, moisture, humidity, and high temperature. Conformal coatings increase the operational performance of PCB assemblies by maintaining long-term surface insulation.

Conformal coatings generally have five different types namely acrylic, silicone, epoxy, urethane and parylene. Usage of these coatings depends upon the operating condition of the PCB which is to be protected. Depending on that these coatings are used in various end-use industries such as consumer electronics, automotive, aerospace & defense, industrial, and telecommunication. Among them, parylene is the fastest-growing conformal coating globally.

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The conformal coating market in the aerospace & defense end-use segment is expected to witness the fastest growth in the forecast period followed by automotive. The upcoming technology such as 5G, IoT, and artificial intelligence, is changing the landscape of the electronics industry. In the aerospace & defense he upcoming technologies, such as robotics/autonomous systems, artificial intelligence (AI), additive manufacturing, and sensor technologies, are taking the main stage, which is leading to further changes in the industry.

The conformal coating market is studied for four regions, namely APAC, North America, Europe, and Rest of World (RoW). APAC is expected to be the fastest-growing regional market due to presence of various PCB manufacturers in China, Japan and Taiwan.

The leading players in the global conformal coatings market include Henkel (Germany), Chase Corporation (US), Illinois Tool Work (US), Electrolube (UK), Shin-Etsu Chemicals (Japan), Dow (US), HB Fuller (US). These players account for significant market shares. The companies adopted expansion and new product developments as key strategies to enhance growth in the market.

The global antimicrobial additives market size is projected to reach USD 5.5 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 6.6%. Growing demand for end-use industry is expected to support the growth of the antimicrobial additives market. However, huge investment in R&D and strict rules and technological advancement is restraining the growth of the market. On the other hand, innovation in product development has created opportunities for manufacturers.

The inorganic antimicrobial additives segment accounted for the largest share of the global antimicrobial additives market in 2020. The dominance of the inorganic antimicrobial additives segment is projected to continue during the forecast period owing to its advanced properties. The increasing demand from the various end-use industries such as healthcare, packaging, automotive and construction is fueling the growth of inorganic antimicrobial additives. This segment is also projected to witness the highest growth between 2021 and 2026 in terms of value.

Plastic is the largest application of antimicrobial additives in terms of value, in the global market in 2020. Plastic finds major applications in industries such as healthcare, packaging, food & beverage, and others. The growth in the demand for plastics is primarily driven by the rising demand from its end-use industries.

APAC is the largest market for antimicrobial additives, followed by Europe and North America. The dominance of APAC is attributed to the stringent industrial standardizations pertaining to the high growth of the end-use industries like healthcare, packaging and automotive in the emerging countries such as China, India, Japan, and South Korea. In addition to this, the antimicrobial additives market has experienced growth in construction end-use industry in terms of the number of projects such as dams, airports, and hydroelectric projects, because of which many international companies have started their manufacturing plants in this region, which has further contributed to the overall growth of the antimicrobial additives market in APAC.

The pharmaceutical processing seals market is projected to grow from USD 2.1 Billion in 2021 to reach USD 3.3 Billion by 2026, at a CAGR of 10.0%. The favorable rules and regulations for pharmaceutical manufacturing in developing regions such as APAC, the Middle East & Africa, and South America are expected to drive the pharmaceutical processing seal’s market. The consumption of pharmaceutical drugs is rapidly increasing at the global level especially, in the rapidly growing economies in APAC. In order to cater to the increasing demand for pharmaceutical drugs, there is an increase in the investments made in the pharmaceutical manufacturing equipment industry for capacity expansions and R&D activities. Expansion of the healthcare sector due to increasing population and improved awareness about quality healthcare are expected to drive the pharmaceutical industry and thus, boost the demand for pharmaceutical processing seals, globally.

There are various types of pharmaceutical processing seals available in the market, namely, O-rings, gaskets, lip seals, and D seals. These seals are available in different grades, shapes, and sizes. The O-rings segment dominated the pharmaceutical processing seals market owing to its high demand in pharmaceutical manufacturing equipment. O-rings are used in pharmaceutical industry for applications such as cryogenic, bioprocessing, cleaning, and sterilization. These seals are used in pharmaceutical industry in agitators and hydraulic cylinders. The reason for the growth of the O-rings segment is its cost-effectiveness and wide range of applications.

On the basis of material, the pharmaceutical processing seals market is segmented into metals, PTFE, silicone, nitrile rubber, EPDM, and others. Metal is the largest type of material used in pharmaceutical processing seals. Metals are used in pharmaceutical sealing applications due to their properties such as excellent resistance to corrosion and stability in extreme pressure & temperature conditions. It is used for making O-rings, gaskets, diaphragms, and lip seals for pharmaceutical equipment. Metal-based pharmaceutical processing seals are used in agitators, mixers, reactors, gear boxes and heat exchangers.

The building panels market is growing rapidly in accordance with the growth in the construction technology. Factors such as rising demand for cost-efficient and effective prefabricated construction solutions have contributed largely to the growth of the building panels market. The building panels market is classified on the basis of its type, application, end use, raw-material, and region. It has experienced continuous progress with regard to technological advances and innovations in the construction industry.

High growth potential in emerging Asia-Pacific markets is expected to provide new growth opportunities to players in the building panels market. In 2015, the Asia-pacific region accounted for the largest share in the global building panels market, with China being the fastest-growing market in this region. Developing countries such as China and India are projected to be emerging markets, resulting in Asia-Pacific projected to being the fastest-growing region in the building panels market. These emerging economies focus on adopting the latest technologies and manufacturing processes in various industrial segments. The growth of the building panels market in this region is driven by factors such as the easy availability of raw materials and manpower, along with sophisticated technologies and innovations, have driven the growth of the Asia-Pacific economy.

The concrete panels segment is estimated to account for the largest share in the building panels market in 2016, on the basis of type, and this trend is projected to continue during the forecast period. The concrete panels provide a cost-effective solution to building enclosures. Concrete panels are highly engineered and provide rugged, durable surfaces for walls and are used for floors and roofs as well. Concrete panels provide financial, functional, and aesthetic value for exterior wall systems and offers the walls long-term durability and low maintenance cost.

The global biocomposites market size was USD 24.4 billion in 2021 and is expected to reach USD 51.2 billion by 2026, projecting a CAGR of 16.0% between 2021 and 2026. Biocomposites are increasingly used in the transportation end-use industry as they decrease weight and increase fuel efficiency. Automotive manufacturers are increasingly using biocomposites in various automobile models. The regulatory legislation imposed by the EU and other countries, such as the US, India, and Japan; that are expected to increase the use of biocomposites, primarily in the automotive end-use industry. The EU legislation sets mandatory emission reduction targets for new cars to improve the fuel economy and reduce the CO2 emissions.

The US has also imposed stricter Corporate Average Fuel Economy (CAFE) and tailpipe emission standards for the automobile sector. The proposed mandate raised CAFÉ standards to 39 mpg for passenger cars by 2016 and 54.5 mpg by 2025. China and Japan have also announced vehicle fuel economy regulations. Brazil, India, Mexico, and South Africa are expected to initiate similar measures in the near future. The above-mentioned factors and increased incorporation of biocomposites are expected to increase their demand mainly in the automobile sector.

The automotive industry focuses on stringent regulations, such as the Corporate Average Fuel Efficiency (CAFE) standards and the European Emission Standards (EES) by the US and European governments, respectively, for vehicle manufacturers. According to the United States Environmental Protection Agency (EPA), the transportation industry in the US is one of the largest contributors to greenhouse gas emissions. The US government has, thus, made it a critical concern for automakers to follow the average miles per gallon standard for their vehicles. A similar situation is prevalent in other regions across the globe. In order to reduce carbon dioxide (CO2) emissions, automakers focus significantly on producing lightweight vehicles to comply with government regulations and enhance fuel efficiency.

The report "Entrance Matting Market by type (Walk-off, Anti-fatigue, Logo and Specialty), by Material (Nylon, Coir, Rubber, Vinyl, and Others), by Utility (Indoor and Outdoor), by Application (Residential and Non-residential) - Global Forecast to 2020", defines and segments the entrance matting market, along with the analyses and projections of the market size. It also identifies the driving and restraining factors for the entrance matting market with the analysis of trends and opportunities. The global Entrance Matting Market is projected to be USD 6,722.3 Million by 2020, growing at a CAGR of 4.8% from 2015 to 2020.

On the basis of application, the entrance matting market is segmented into residential and non-residential. The entrance matting market is influenced by the increasing importance of safety at workplaces and the growing flooring and hospitality industry. The demand from industries such as hotels, gyms, swimming pools, and sport complexes are projected to drive the entrance matting market.

The entrance matting market is projected to grow at a CAGR of 4.8% from 2015 to 2020. Regulations have been introduced to prevent the growing number of accidents at work places. The prevailing environmental regulations in the flooring industry focus on the usage of the entrance matting to avoid mishaps. It has additional benefit such as anti-fatigue matting which reduces the health issues caused by the strain on feet due to standing for long hours. These factors also contribute to the growth of the entrance matting market.

The major restraining factor for the growth of this market is the regular maintenance that mats require. Vacuuming, spot cleaning, and pressure washing are used for maintenance of entrance matting. Recycling of raw material, forward integration, and emergence of new product developments are the key opportunities for the entrance matting market

Leading players in this market are 3M (U.S.), Cintas Corporation (U.S.), Forbo Holdings AG (Switzerland), Unifirst Corporation (U.S.), Bergo Flooring AB (Sweden), Eagle Mat & Floor Products (U.S.), Birrus Matting Systems (Australia), and Superior Manufacturing Group (U.S.).

The global industrial dryers market was valued at USD 4.00 billion in 2015 and is projected to reach USD 6.37 billion by 2026, at a CAGR of 4.3% from 2016 to 2026. The driving factors for the market include the wide applicability of industrial dryers in areas such as food, pharmaceutical, chemicals, and fertilizer, cement, minerals, and paper & pulp industries. Apart from this, high demand inform the emerging economies such as China, India, and Brazil would also be a driving factor for the growth of the industry.

The industrial dryer’s specialty drying product segment is projected to grow at the fastest rate from 2016-2026. Specialty dryers are dryers that are built by manufacturers for their clients to fulfill customized solutions. As the demand for dryers has been increasing across a wide variety of applications, the demand from end-use industries for more customized solutions is also increasing. Buhler AG (Germany) manufactures custom designed conveyor dryers that aim to provide efficient drying of super absorbent polymers, elastomers, polyacrylonitrile and fluoropolymers.

The fluidized bed dryers segment is projected to be the fastest-growing segment in the industrial dryers market, by type, from 2016 to 2026. This growth can be mainly attributed to the growth in the demand for fluidized bed dryers from different application industries such as food and pharmaceuticals. Fluidized bed dryers are cost as well as energy efficient.

The pharmaceutical segment is projected to be the fastest-growing application segment from 2016 to 2026. This growth can be attributed to the increased demand of industrial dryers in pharmaceutical industry. The pharmaceuticals industry uses industrial dryers to remove liquids or moisture from bulk solids, powders, or other liquids by evaporation or sublimation.

Rubber repair adhesives are used in conveyor belts, tanks & vessels, pipes & fittings, and other applications in end-use industries, such as cement & aggregate, mining & quarrying, and steel. The primary purpose of these adhesives is to offer effective repairing solutions. For instance, conveyor belts are used to transport heavy volumes of materials, such as stone, coal, sand, and ore. Thus, with the passage of time, conveyors belts become more susceptible to wear & tear. This creates a need for the repair of damaged conveyor belts. The global market size of rubber repair adhesives was USD 291 million in 2020 and is projected to reach 354 million by 2025, registering a growth of 4.0%.

The hot bond segment dominated the market in terms of value, in 2019. Adhesives used in the hot bond process offers a strong, long-lasting repair with a minimal risk of tearing, snagging, and other wear to the belt. They are largely polyurethane-based and have high demand for rubber conveyor belt repairing in the mining & quarrying industry.

Over the past years, companies have strengthened their position in the global rubber repair adhesives market by adopting several business strategies. From 2014 to 2019, expansions, product launch, and acquisition were the key strategies adopted by the market players to maintain growth in the global rubber repair adhesives market. For instance, in June 2019, H.B. Fuller Company expanded its facility in South America region. The newly expanded facility has facilities of laboratory, new product development and application testing. The expansion has helped H.B. Fuller Company to strengthen its business in South America region.

The major manufacturers profiled in this report include LORD Corporation (US), Fourthane (Chile), , 3M (US), Henkel AG & Co. KGaA (Germany), Sika AG (Switzerland), H.B. Fuller Company (US), Belzona International Ltd. (England), Rema Tip Top AG (Germany), ITW Performance Polymers (US), Eli-Chem Resins UK Limited (UK) and others.

The global market size of green and bio-polyols is estimated at USD 4.4 billion in 2021 and is projected to reach USD 6.9 billion by 2027, at a CAGR of 9.5%, between the forecasted period. The growth of the global green and bio-polyols market is attributed to the strict government regulation prevalent in different parts of the world. The regulation against the extended use of polyols based on petroleum are a considerably significant issue for the government which can be suppressed by the use of green and bio polyols. The manufacturing of PU flexible or rigid foams is increasing. The demand of insulating materials in construction products, furniture & bedding industry, and the packaging industry is expected to fuel the positive growth of the green and bio-polyols market globally. The use of green and bio-based polyols in CASE applications is also a major growth factor for the market.

The green and the bio-polyols market is segmented into natural oils and their derivatives, sucrose, glycerin, and carbon dioxide based on raw materials. The natural oils and their derivatives raw material segment dominated the application segment of the market with respect to both value and volume. Natural oil polyols are the bio polyols which are made up of natural oils. Generally, these polyols are made from soybean oil, rapeseed (canola) oil, palm oil, castor oil, and sunflower oil. The usage of a different natural oil can be dependent on their availability in a particular region. Nearly all the natural oil based polyols have a similar origin/source and applications, however, there is a difference in materials that depends upon the manufacturing process involved in making them. Natural oils and their derivatives are colorless to light yellow. Their viscosity can differ depending upon the kind of raw material used.

The North American region is projected to be the largest market, in terms of value during the forecast period. It is also expected to grow at the fastest rate during the forecast period. . North America is one of the largest markets of polyurethane because of the high demand and innovation of products which helps in improving performance and quality. Recent developments in applications pertaining to aerospace, automotive, and wind energy also drive the North American market and make it a dominating market. The automotive, furniture, consumer durables, and food & beverage industries are one of the biggest consumers of green and bio polyols in the region.

The report "North American Packaging Tape Printing Market by Product Type (Hot Melt, Acrylic Based), Material (Polypropylene, PVC), Printing Ink (Water Based, UV-Curable), Mechanism (Digital, Flexography), End-user (Food & Beverages, Consumer Durables) - Forecast to 2020", the North American packaging tape printing market size is estimated to grow from USD 5.4 Billion in 2015 to reach USD 7.0 Billion by 2020, at an estimated CAGR of 5.4% from 2015 to 2020.

Printing on the packaging tapes highlights the company’s name and logo, enables ease of stock handling and identification, enhances the visibility of product, and safeguards the merchandise during transit. It also makes the product visually appealing, thereby resulting in instant recognition of the packages. The high growth of the packaging tape printing market can be attributed to the fact that a significant number of brand owners are harnessing the printing technology over packaging tapes.

Packaging tape printing has evolved as an integral part of the creative process for companies across the region seeking to garner attention or give their brand an aesthetically pleasing appearance, transforming it into a rapidly growing industry of its own. Printing on packaging tapes possesses high marketing potential; it enables product differentiation and ensures that the product is distinct and easily recognizable. Growth in the packaging printing industry, demand for aesthetic appeal, product differentiation, and technological advancements are some of the drivers behind the growth of the packaging tape printing market. The advent of global brands, rising consumerism, and growth of the packaging industry accounted for a significant increase in the scope of the packaging tape printing market.

The U.S. is expected to hold the largest market share and dominate the North American packaging tape printing market from 2015 to 2020. The U.S., being the largest manufacturer and supplier of printing materials and equipment, exhibits high-potential growth opportunities for the packaging tape printing market. However, the market continues to face challenges due to demand for high-quality printing at low cost while adhering to the government regulations. The major players in the packaging tape printing market include Quad/Graphics (U.S.), Hewlett-Packard Development Company, L.P. (U.S.), Xerox Corporation (U.S.), E.I. du Pont de Nemours and Company (U.S.), RR Donnelley & Sons (U.S.), SIAT S.p.A (Italy), and others.

The global glass substrate market is projected to reach USD 1.97 billion by 2022, at a CAGR of 5.7% between 2017 and 2022. Glass substrates are thin, flat glass boards on which a thin circuit is deposited with precision. They are produced using several raw materials such as borosilicate, silicon, ceramic, fused silica/quartz, soda-lime, and aluminosilicate. Glass substrates are available in the form of disks and panels. Disk-shaped glass substrates are known as wafers and are primarily used to manufacture semiconductors, whereas, panel-shaped glass substrates are used in the manufacturing of LCDs. The shape, size, thickness, sharpness, and flexibility of glass substrates depend on their end-use application requirements. The increasing demand for glass substrates from end-use industries, such as electronics, automotive, medical, aerospace & defense, and solar, for the manufacturing of end-products, such as semiconductors, LCDs, sensors, and solar panel is one of the most significant factors projected to drive the growth of the glass substrate market.

Expansions, new product developments, and agreements were key growth strategies adopted by major players between 2014 and 2017 to strengthen their foothold in the glass substrate market. Leading companies in the glass substrate market are AGC (Japan), SCHOTT (Germany), Corning Inc. (US), Nippon Sheet Glass (Japan), Plan Optik (Germany), HOYA Corporation (Japan), LG Chem (South Korea), OHARA Inc. (Japan), IRICO Group New Energy Company Limited (China), and The Tunghsu Group (China).

AGC, one of the key players in the glass substrate market, has adopted the expansions strategy to increase its market share and cater to the rising demand for glass substrate products. In August 2017, AGC started the construction of the 11th generation TFT glass substrate manufacturing kilns in China. This development strategy enabled the company to increase its production capacity and address the rising demand for glass substrates in China. Moreover, in February 2017, AGC established a new research facility at its Keihin factory in Japan. This new facility based on urban value creation enabled the company to increase its R&D capacity.

The global commodity plastics market size is projected to grow from USD 468.3 billion in 2020 to USD 596.1 billion by 2025, at a CAGR of 6.0% between 2020 and 2025. The major driving factors of the commodity plastics market include growing packaging industry, increased disposable income generating high demand for consumer goods, growing production of lightweight electric vehicles and increasing metal prices.

The key players in the commodity plastics market are Exxon Mobil (US), LG Chem (South Korea), Sumitomo Chemical (Japan), The Dow Chemical Company (US), SABIC (Saudi Arabia), BASF SE (Germany), LyondellBasell (Netherlands), Sinopec (China), Ineos (Switzerland), Formosa Plastics (Taiwan), Mitsubishi Chemical (Japan), Borealis AG (Austria), Chevron Phillips Chemical (US), ENI SpA (Italy), Reliance Industries (India), Braskem (Brazil), Hanwha Chemical (South Korea), Lotte Chemical (South Korea), Indian Oil (India), Haldia Petrochemicals (India), Nova Chemicals (Canada), Qenos Pty (Australia), Qatar Petroleum (Qatar), Westlake Chemical (US), and PTT Global Chemical (Thailand). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch/development, and partnership, contracts & agreements, a joint venture between 2015 and 2020, to enhance their market shares and expand their global presence.

Exxon Mobil (US) is a leading manufacturer of commodity plastics and is expected to maintain its market position in the future. The company is constantly strengthening its position in the commodity plastics market by expansion, agreement, and investment strategies. For instance, in 2016, the company increased its PE capacity by 65.0%. In 2017, the company invested USD 20 billion in the US Gulf region to increase its capacity of commodity plastics. The company has a strong geographical presence in APAC, North America, and Europe.

The global silicone fabrics market is estimated to be USD 4.0 billion in 2021 and is projected to reach USD 5.5 billion by 2026, at a CAGR of 6.8%, between 2021 and 2026. The growth of the coated fabrics market is primarily triggered by the huge demand from the transportation and protective clothing applications. APAC is estimated to be the largest coated fabrics market due to increasing population in the continent, improving economic conditions, such as rising GDP & disposable incomes and booming manufacturing sector

The silicon coated market is dominated by large players, such as Elkem (US), 3M Company (US), Auburn Manufacturing Inc. (US), Nott Company( US), Mid-Mountain Materials, Inc (US), Newtex Industries, Inc (US), Precision Coating & Coated Fabrics (US) Trelleborg AB (Sweden), COMPAGNIE DE SAINT-GOBAIN S.A. (France), and Serge Ferrari Group (France). These players have adopted several strategies, such as acquisitions, agreements, and expansions, to enhance their market footprint and product portfolios.

Owing to the COVID-19 pandemic, there has been a significant slump in demand for silicon fabrics across the globe. However, the company such as Elkem and Serge Ferrari had developed silicon fabrics for high growth application such as marine, medical and healthcare, among other. Also, through aggressive marketing and online platform, the company is focussing to reduce the lead time to customer and to increase its presence in the global market.

The global metal injection molding market is projected to grow from USD 2.58 billion in 2017 to USD 3.77 billion by 2022, at a CAGR of 7.83% from 2017 to 2022. The growing demand for metal injection molded parts from end-use industries, such as consumer electronics, medical, automotive, industrial, and firearms & defense, is expected to drive the metal injection molding market. The metal injection molding market is also expected to grow as a result of significant advancements in technology. Metal injection molding companies are continuously developing new and improved products to meet the changing requirements of customers.

Based on material type, the metal injection molding market has been segmented into stainless steel, low alloy steel, soft magnetic alloy, and others (tool steel, titanium, and tungsten). The stainless steel segment is projected to grow at the highest CAGR during the forecast period owing to its ability to provide high strength and hardness with moderate corrosion resistance. Stainless steel is consumed widely as a metal injection molding material, resulting in its relatively lower price as compared to that of other material types. This lowering of price is expected to further drive the demand for stainless steel during the forecast period.

Based on end-use industry, the metal injection molding market is segmented into electrical & electronics, automotive, medical & orthodontics, firearms & defense, industrial, and consumer products. The electrical & electronics segment is projected to grow at the highest CAGR during the forecast period due to the rising demand for miniaturization of electronic devices, which has resulted in the growth in demand for smaller parts with better performance at a relatively lower cost.