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Global Mobile Servicing Rig Market Projections Highlighting Primary Trends until 2027

April 23, 2019 by Steve Blade  

Demand for mobile servicing rig continues to remain influenced by the radical shift in designs being developed, and fast replacement of traditional rigs with powerful and advanced mobile servicing rigs worldwide. As standard servicing rigs are not well-equipped to cater evolving requirements of end-users, the industry is witnessing a fundamental and significant shift in servicing rig developments, thereby impacting demand and sales of Mobile Servicing Rig Market,

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Although mobile servicing rig has a confined application prospect, light mobile servicing rigs have witnessed widespread acceptance. With growing cases of shale drilling, sour wells, directional wells and multilaterals, demand for high horse power and hi-tech mobile servicing rigs has been witnessing increased traction in the recent years.

Supply and demand trends of the mobile servicing rigs are likely to remain adverse. Despite stability in drilling demand, continuous substantial pressures of the magnitude of order book and delivery schedules on fleet utilization has been impacting the demand for mobile servicing rigs.

Key mobile servicing rig manufacturers are actively seeking effective measures for supply adjustment in response to current demand volatility. Leading mobile servicing rig manufacturers are focusing on newbuild delivery delays, accelerated replacement of obsolete and old equipment, for saving on operational costs.

Rebound In the Oil & Gas Exploration and Production Activities to Boost Mobile Servicing Rig Market

With the recovery in activities of oil and gas exploration, the market for mobile servicing rigs is estimated to grow steadily in the review period. Following this momentum, oilfield service companies have raised capital expenditure in offshore as well as onshore projects. Depending upon the types of oil or natural gas well, the well can last from 5 to 50 years or even more. A mobile servicing rig performs service at the same well for seven to eight time before the well is abandoned. However, engaged industry stakeholders tend to optimize resources as much as possible, thus creating the need for mobile servicing rig. On account of which, it is estimated that over the coming years, the global market is poised to witness an increase in growth for mobile service rigs.

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Mobile servicing rigs are utilized in workover activities of oilfields which implies to invasive techniques such as wireline, coil tubing, or snubbing after the drilling is done. As these techniques are needed for the entire life of the well, function of mobile servicing rigs becomes indispensable in oilfields. New-builds and secondary transaction of mobile servicing rigs are regulated by OEMs in the global market. Among different types of mobile servicing rigs, mobile single, mobile double, mobile slant, and skid double among others are highly preferred by end-users. Further, implementation of technological advances has introduced mobile servicing rigs that are functional in extreme environments including onshore, offshore, mountain, desert, as well as colder climates.

Rising Momentum in Oil & Gas Exploration to Boost Market Growth

Past two-years of oil price decline witnessed plunge in exploration & production (E&P) activities as well as downsizing of personnel and assets by the oil & gas industry. At the end of 2016, OPEC’s deal, reduction in service cost, and increased operational efficiency have gradually recovered E&P activities in the United States. Further, consistent rise in the global oil demand, the supply and demand gap of petroleum fuels has widened. To fill this gap, oil & gas companies across the globe are actively involved in E&P activities. As these activities are on the gradual rise, the market for mobile servicing rigs is expected to grow in parallel.

Oilfield Service Companies to Report Increased Adoption

Strengthening demand for onshore services, increased commodity costs, as well as gradually rising oil prices, have assisted E&P companies to increase their capital expenditure in onshore as well as offshore projects. Increased demand for oil and natural gas has further encouraged the exploration activities. Based on this, oilfield service companies across the globe are likely to experience stronger demand by E&P companies. As oilfield service companies assist in petroleum exploration, production and well maintenance, these companies are the largest end-user of drilling rigs as well as mobile servicing rigs. Further, to address growing environmental concern of E&P activities, these companies are seeking to provide environmentally responsible solutions. As global E&P activities gradually rebound, growth of the oilfield service companies is likely to translate in the increased adoption of mobile servicing rigs.

Rental Activities by OEM’s to Boost the Demand

As success of an E&P activity remains ambiguous until the discovery of an oil resource, most of the E&P companies are engaged in rental contracts as opposed to purchasing of the new rigs. Due to this, on the global scale the mobile servicing rig market is dominated by rental market and not by sales channel. The rental contract involves insurance premium with specific investment return laws. Nabors Industries Ltd, Precision Drilling Cooperation, Patterson-UTI Energy Inc., and others are leading rental companies in the mobile servicing rig market.

Renewable Energy Revolution – A Potential Market Challenge

According to the International Energy Agency (IEA), the year 2017 reported over 50% installation of new solar power projects worldwide, significantly surpassing new cumulative constrictions of coal, gas, and nuclear plants. This was supported by low-auction prices for solar and wind project deployment across the globe, in particular the UAE, India, Mexico, and Chile. According to IEA’s forecast, renewable electricity capacity is projected to expand by 12% in 2017 and to report 43% expansion by 2022. With the increased inclination towards renewable energy resources, dependency over conventional fuels is estimated to decline in future. Amidst this renewable energy revolution, decline in oil & gas exploration activity to influence the market for mobile servicing rig during the forecast.

Although recovering E&P activities will support the growth of mobile servicing rig market, oil price fluctuations, discontinued support from the World Bank, and to influence the market, and OPEC’s output cuts are expected to influence the market in the forecast period. 

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Motorcycle Monoshock Suspension Market Portrays High-End Demand across Major Geographies during 2018 to 2028

April 23, 2019 by Steve Blade  

The motorcycle industry is increasingly attracting riders to new and improved vehicles in the recent times. With major automobile innovations and developments, the need for effective, durable, and reliable components including the motorcycle monoshock suspension for delivering improved performance of the motorcycle is gaining greater significance. The Motorcycle Monoshock Suspension Market is driven by these product innovations that require enhanced additive components to elevate the performance delivery and end-use experience for the motorcycle riders. The motorcycle monoshock suspension plays an important role is enhancing the operations of the vehicles.

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Major market players are seen proliferating the sales of motorcycle monoshock suspension with new and improved variants in the motorcycle monoshock suspension product portfolio, with respect to the new and advanced vehicles that are manufactured by motorcycle companies. Motorcycle monoshock suspension manufacturers working towards introducing new suspension to their product line and ultimately gaining a competitive advantage over other players. Similar actions were carried out by Platinum Air Suspension when they introduced the Bleed Feed Air Ride Kit for 2018 Harley EVO/ Softail to their product range.

A suspension is an integral part of a motorcycle, an attachment used to minimize shock impulse which is created while driving on uneven surfaces. Among various types of motorcycle suspensions, monoshock absorbers are one of the major focus areas in the motorcycle sector. Motorcycles with only one shock absorber are called mono shock motorcycles. The monoschock absorber is placed ahead of the rear axle at the center of the bike. Previously, mono shock absorbers were used in racing bikes – they can easily operate even in extreme conditions. However, now they have style statement and are known for the comfort they provide, hence come fitted in international production models.  Motorcycle monoshock suspension also helps in attaining better control over the motorcycle while riding, by allowing the rider to fine tune the machine. It improves the handling of the motorbike while moving over a rough surface as all the forces are focused at one point load, enabling the motorcycle to remain stable even at higher speeds. The major function of a shock absorber is to keep the tires in contact with the road surface, thereby increasing control. Also, owing to its structural advantage, the monoshock suspension eliminates the torque. It is easy to adjust as well. The performance of a motorcycle with a monoshock suspension is much superior to that of motorcycles incorporated with twinshock absorbers. Attributing to the operational benefits, these shock absorbers are not only used in the automotive industry but also find applications in various processing as well as manufacturing industries. All of these factors will aid the growth of the motorcycle monoshock suspension market.

The growth of the motorcycle monoshock suspension market can be attributed to the rising demand for motorcycles. Growth in demand for two-wheelers has significantly supported the expansion and production in the motorcycle industry. Research and Development is being done to enhance the mechanism, design and arrangement of shock absorbers, which is further driving the motorcycle monoshock suspension market towards growth in terms of innovations. In the motorcycle monoshock suspension market, OEMs hold a larger market share owing to the application of motorcycle mono-shock suspension in all high-end motorcycles. Attributing to this, the motorcycle monoshock suspension market is expected to witness healthy growth during the forecast period.

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However, various factors such as high cost of ownership and maintenance, comparatively low load carrying capacity and lower average work life can restraint the growth of the motorcycle monoshock suspension market during the forecast period.  Also, extensive availability of sub-standard products in motorcycle monoshock suspension market is one of the major challenges associated and is expected to restrain the growth prospects of this market. The growing trend of repair rather than replace in the Motorcycle Monoshock Suspension market, due to the high cost involved, is also expected to be a key restraining factor in the aftermarket. However, the current trend to use better technology equipment for improved results will contribute towards the growth of the motorcycle monoshock suspension market during the forecast period.

Motorcycle Monoshock Suspension Market: Regional Outlook

Latin America, followed by Eastern Europe, holds a major share in the global motorcycle monoshock suspension market. This is primarily due to the large working-class population for which a motorcycle is an affordable and practical means of conveyance. Asia Pacific is expected to show significant growth in motorcycle monoshock suspension market during the forecast period and remain a dominant market owing to increased production and sales of motorcycles. Also, due to general preference for motorcycles due to the low maintenance and low cost involved is also expected to drive the aftermarket of motorcycle monoshock suspension market. Also, government initiatives to increase manufacturing and attractive policies to attract foreign direct investments in countries, such as China and India, will boost the motorcycle manufacturing industry, which will significantly contribute towards the growth of global motorcycle monoshock suspension market during the forecast period. However, in developed countries, such as Western Europe and North America, preference for four-wheelers is higher than preference for two-wheelers and thus, these regions will hold a relatively small share in the motorcycle monoshock suspension market. Rest of the world is estimated to account for a relatively small share in the motorcycle monoshock suspension market.

Motorcycle Monoshock Suspension Market: Market Participants

Examples of some of the market participants operating across the value chain of the global Motorcycle Monoshock Suspension market are Öhlins Racing, SKF Group, Nitron Racing Shocks, WP-Group, Hagon Shocks Limited, Honda Motor Co., Ltd., Robert Bosch GmbH, Endurance Technologies Limited, TFX Suspension Technology, MH Suspension Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Nitrogen Tire Inflators Market Expected to Deliver Greater Revenue Share Motivated by Vast Product Preference during 2018-2028

April 23, 2019 by Steve Blade  

With a mounting number of road fatalities and accidents across the world, concerns about vehicle safety and drivers’ safety are increasing among consumers. This is leading to an increasing number of consumers paying more attention towards the regular maintenance of their vehicles. Eventually, awareness about the benefits of making use of nitrogen as an inflation gas is increasing among consumers, which is ultimately boosting demand for nitrogen tire inflators across various end-users. Benefits of adopting nitrogen tire inflators include higher fuel economy, lower rolling resistance, and lower inflation pressure loss rates (IPLR), which can increase the service life of new vehicles efficiently.

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Growing awareness about the advantages of nitrogen inflations is expected to result in a substantial rise in demand for nitrogen tire inflators in the upcoming years. Rising adoption of nitrogen tire inflators for passenger cars and light trucks is further boosting the growth of the nitrogen tire inflators market. The Nitrogen Tire Inflators Market is witnessing healthy growth with the recent developments in the tire industry as well. This is encouraging manufacturers and distributors active in the nitrogen tire inflators market to introduce a variety of products and provide consumers with a vast selection of offerings.

In addition, leading suppliers of nitrogen tire inflators across the world are touting the effectiveness of their nitrogen generation systems to improve the sales of nitrogen tire inflators across the world. Subsequently, increasing developments in the tire industry and growing sales of passenger cars remain the primary drivers for the growth of the nitrogen tire inflators market.

Growth of the Tire Industry to Influence the Nitrogen Tire Inflators Market

Post the great recession, the automotive industry has witnessed some positive changes with the growing production and sales of automobiles. Increasing demand for personal cars and other types of automobiles is creating ample of opportunities for tire manufacturers for realizing production efficiencies and automotive safety. Capitalizing on the increasing automotive production, tire manufacturers in the world are investing in technologies to improve performance parameters of tires they manufacture. Also, increasing concerns about drivers’ safety are encouraging manufacturers to make improvements in various factors such as traction of tires and wear resistance. Growing automotive demand in Europe is influencing the developments of the Europe tire industry. It accounted for the imports of worth € 10.9 billion and exports of worth € 10.2 billion in 2016.

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Increasing trends of maintaining fuel efficiency of automobiles are leading the focus of consumers towards the efficiency and inflation pressure of tires. Owing to the considerable benefits of nitrogen tire inflation, the nitrogen tire inflators market is expected to witness healthy growth in the upcoming years. Also, as tire inflated with nitrogen exhibit more traction and help to get more mileage per petrol tank. Attributing to the numerous advantages of inflating automotive tires with nitrogen, the number of dealers in the nitrogen tire inflators market has increased significantly. The consumer expectations of getting an access to nitrogen for inflating tires at any shop signifies the growth of the nitrogen tire inflators market.

Severity of Tire-related Accidents and Removal of Spare Tires Will Encourage the Use of Nitrogen Tire Inflators

According to WHO (the World Health Organization), over 1.25 million people succumb to death as a result of road accidents every year, and over 20-50 million people suffer minor or non-fatal injuries. The WHO predicts that road traffic crashes are likely to become the seventh leading cause of death in the world by the end of 2030. Taking into account the role played by unsafe vehicles in road accidents, various UN regulations and standards are boosting consumers and manufacturers to focus on tire performance parameters such as traction and inflation. Many countries in European Union have established their own tire standards to reduce road accidents caused due to unsafe vehicles. Various tire-related regulations imposed by government organizations are boosting the use of nitrogen inflators, driving the growth of the nitrogen tire inflators market.

AAA (the American Automobile Association, Inc.) recently stated that it receives over 4 million calls about flat tires each year. More than one-third of the 2015-vehicles do not have a spare tire. Despite the improvements in tire technologies and introduction to the tire pressure monitoring systems, AAA receives the same number of calls related to flat tires. As a result, AAA stated that the use of tire inflator kits may continue to substitute bulky spare tires in automobiles. Also, with the stringent regulations and needs to comply with fuel efficiency standards, automakers are boosting the use of nitrogen tire inflators. It is likely to accelerate the growth of the nitrogen tire inflators market in the upcoming years.

Technological Advancements to Trigger the Trend of Product Innovation in Nitrogen Tire Inflators Market

As various technologies such as RFID (radio-frequency identification) and sensors are shaping the tire industry, the nitrogen tire inflators market is witnessing the adoption of advanced technologies. Innovative trends in the tire industry, such as the emergence of tubeless tires, are making a significant impact on the manufacturing strategies of market players in the nitrogen tire inflators market. MilKit, a leading tire manufacturing company, recently launched a portable tire inflator for tubeless tires, which are cheaper than air compressors. Milwaukee Electric Tool Corporation, another market player in the nitrogen tire inflators market, introduced a cordless tire inflator that can deliver faster, easier, and more accurate inflation. PCL, a leading manufacturer in the nitrogen tire inflators market, introduced a nitrogen generator with built-in inflator using the digital inflation technology. The company states that this generator and inflator unit can automatically inflate around four tires at the same time. The innovative products introduced in the nitrogen tire inflators market are likely to be influenced by the recent advancements in technologies.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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PEKK Market Projections Deliver Positive Revenue Growth during the Period between 2018-2028

April 23, 2019 by Steve Blade  

The rapid growth of the automotive industry has been creating upsurge in demand for PEKK. These are used for the manufacturing of automotive coatings, composites and other parts as well as electronic products, such as high voltage equipment, semiconductors, wire and cables. High growth in aircraft demand due to increasing population and rising spending power of the population is projected to support the demand for PEKK over the forecast period. There has been significant increase in demand of high performance materials, which have been driving the business growth of PEKK Market. Increasing disposable income in the developing countries is pushing the automotive market.

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Rising demand for plastics from the aerospace, automotive and electronics industries will create ample opportunities for the PEKK (Polyetherketoneketone) manufacturers during the forecast period. PEKK offers high strength, toughness, stiffness and heat resistance and thus, PEKK is considered to be an important industrial plastic. PEKK is a thermoplastic polymer whose shape can be changed with the application of heat. These polymers find a wide range of applications in aerospace and automotive industries. PEKK is used in aircraft structural parts, automotive structural parts and parts of industrial machinery and equipment. PEKK is also used in various electronics and electrical parts. Toughness and heat resistance are some of its important characteristics which are favored in the aerospace and automotive industries. The major industrial applications of PEKK include cable, coating, circuit boards, composites, fibers, gaskets, machine

PEKK Market Restraints

One of the major challenges faced by the global PEKK market is its high cost. Large players in the market are continuously focusing on bringing innovations and developing processes to produce low-cost PEKK products. The large players can rip out the benefits of economies of scale and thus, sustainable growth for small players in the PEKK market is one of the big challenges in this market.

Additionally, presence of various alternative materials, including light weight metals and other polymers and plastics, is another restraining factor for this market. Environmental regulations to recycle plastics is another restraining factor for the PEKK market.

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PEKK Market Trends

Automotive manufacturers are focusing on creating lightweight materials for component manufacturing. PEKK is a material of choice in various automotive and automotive electronic component manufacturing processes. Growth in automotive industry in emerging economies is therefore pushing the demand for PEKK.  

As per the Boeing outlook, some of the new aircrafts use a considerable amount of advanced composites. PEKK is also used in the manufacturing of various composites. High demand for these composites is expected to further push the demand for PEKK from the aerospace industry.

Global PEKK Market: Regional Outlook

Automotive manufacturers are shifting from mature regions to emerging countries, such as India and China. The global PEKK market is anticipated to be dominated by the Asia Pacific region, with China leading the market, both in terms of production and consumption. India is also anticipated to witness sound growth in demand for PEKK owing to the rapid growth in the automotive industry in the country. North America and Europe are collectively anticipated to hold significant share in the PEKK market and the growth in aerospace industry in the region is anticipated to further drive the demand for PEKK in the coming years. Significant investments and recovering economy in Brazil and Argentina are projected to drive the Latin America PEKK market. Middle East and Africa is projected to witness moderate growth in demand for PEKK over the forecast period, due to initiatives being taken by various Middle East countries towards making of a diversified economy.

Global PEKK Market Participants

Some of the market participants identified across the value chain of global PEKK market are Arkema Group, Gharda Plastics, TenCate Advanced Materials, Solvay, Hexcel Corporation, APEXCO-PPSi, miniFactory Oy LTD, EVONIK, Zyex Ltd, RTP Company

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
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Automotive Fuel Injection System Market: Pervasive Trend of Engine Downsizing Pushes the Adoption of Direct Injection

April 23, 2019 by Steve Blade  

 Fact.MR’s new report on automotive fuel injection system market offers captivating insights on the dynamics, including opportunities, trends, restraints, and drivers. The report on automotive fuel
injection system market conveys the market value and volume particulars along with key factors influencing growth of the automotive fuel injection system market. Moreover, the report on automotive fuel injection system market also offers a deep dive into a profound segmental analysis along with regional growth aspects.

Automotive fuel injection system market is proliferating at an unwavering rate, finds a recent research study by Fact.MR. The growth of automotive fuel injection system market is likely to be driven by a pool of pacesetters, ranging from rising environmental regulations to concerns revolving around optimal fuel utilization. The consequent requirement for passenger cars has also been identified as one of the key demand generating factors pushing adoption of fuel injection systems. According to the research report by Fact.MR, the volume sales of automotive fuel injection system is anticipated to approach 101,131,418 units by 2018-end, up from 98,433,519 units in 2017.

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The trend of engine downsizing is on a consistent rise, as use of smaller engines offering the power and competency of large engines is rapidly gaining traction. Orientation of prominent automakers toward introducing highly efficient vehicles is persuading them to adopt new technologies, with engine downsizing being an acclaimed one. Since the end of 1990s, the trend of engine downsizing is progressively spreading across the automotive industry and is being relied upon for facilitating high performance goals.

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Gravitation toward fuel-efficient vehicles in tandem with strict regulatory framework is expected to encourage the adoption of advanced automotive fuel injection system facilitating superior engine performance and optimal fuel utilization “, Senior Analyst, Fact.MR

The rising demand for personal conveyance is predominantly pushing the adoption of compact vehicles across urban as well as sub-urban areas. Demand for fuel injection system for compact vehicles is gaining tailwinds from the ubiquitous vigor of compact vehicles, with volume sales approaching 32,631,289 units by 2018-end.

 According to the report, gasoline port injection is gaining immense traction as one of the highly viable technologies, followed by gasoline direct injection and diesel direct injection. The competency of gasoline port injection to offer significant cost advantages coupled by operating at a simple strategy is fostering the popularity of this technology amid the customer market place.

The fuel injection systems for engines of 150 cc engines and less have been widely acknowledged owing to their performance quo, which has been identified as a significant trend creating numerous business opportunities in the two-wheeler domain. Moreover, the prominent trend of engine downsizing embraced by automakers to comply with emission regulations is also creating an optimistic scenario for adoption of automotive fuel injection system.

However, aspects such as high maintenance and service costs entailed are poised to hamper the growth potential of global fuel injection systems market growth. The repeatedly fluctuating price points of the raw materials involved is foreseen to pose challenges for the manufacturers of automotive fuel injection systems.

Automotive Fuel Injection System Market- Competitive Landscape

The competitive landscape offers a detailed look at the prominent companies having a stronghold in the automotive fuel injection system market. The competitive landscape section in the automotive fuel injection system market presents compelling insights on the key developments, differential strategies, and key focus areas of the key players operating in the automotive fuel injection system market space.

Robert Bosch GmbH, a leading player in the automotive fuel injection system market, consummated scheduled sale of SEG Automotive Germany GmbH to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.) in Zhengzhou, China and CRCI (China Renaissance Capital Investment) in Hong Kong, China, by 2017 end.

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Plastic-metal Hybrids Market Likely to Showcase Increased Demand Motivated by Major Players during Assessment Period 2018 to 2028

April 23, 2019 by Steve Blade  

Plastic-metal hybrids are compounds or substances formed by mixing plastic with metal. Properties of plastics & metals are combined in an optimized way. Plastic-metal hybrids are formed by mechanical locking of plastic & metal compounds. Plastic-metal hybrids can be commercially produced by injection molding or extrusion. Selection of proper material should be done to achieve accurate mechanical linking of plastic & metal. Generally, polyamide plastic is used in Plastic-metal Hybrids Market.

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Plastic-metal hybrids offer various beneficial properties, such as high load bearing capacity, high corrosion resistance, low weight, enhanced dimensional tolerance, improved performance, high integration potential, easy recyclability, etc. Plastic-metal hybrids make the assembly simpler by reducing the separate components into single molded parts. Plastic-metal hybrids provide strength, energy absorption and rigidity. Plastic-metal hybrids are widely used in automotive & aerospace industry for obtaining better fuel efficiency. Due to their low weight, plastic-metal hybrids find applications in the electronic industry. Plastic-metal hybrids are also used in the production of bicycles and scooter frames. They also find applications in furniture production and in agricultural equipment.

Plastic-metal Hybrids Market: Dynamics

Technological developments are boosting the growth of the automotive industry. Changing technology has given rise to demand for light weight materials for better fuel efficiency and improved vehicle performance due to which rising demand for plastic-metal hybrids is being witnessed from the automotive industry. Plastic-metal hybrids are also witnessing growing demand from the aerospace industry for the manufacturing of certain aircraft parts. Thus, the growth of the aerospace industry will add to the growth of the plastic-metal hybrids market. Growing population has escalated agricultural production and technological developments have led to the use of advanced agricultural equipment. Demand for various attributes, such as corrosion resistance, high strength & light weight, have led to increased usage of plastic-metal hybrids in the manufacturing of agricultural equipment. Increase in disposable income and development of new and innovative technologies have led to the growth of the electronics industry. Growing electronic industry is leading to the growth of the plastic-metal hybrids market. Also, the use of plastic-metal hybrids is increasing in the production of bicycle and scooter frames. However, research and development of improved plastic materials & composites might decline the growth of the plastic-metal hybrids market.

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Plastic-metal Hybrids Market: Regional Outlook

There is significant presence of automotive industries in regions of Western Europe. That apart, agricultural production is also growing at a good pace, which makes this region a prominent market for plastic-metal hybrids. Rate of agricultural production is high in the North America region and the presence of key automotive manufacturers makes North America a promising market region for plastic-metal hybrids. Automotive and electronic industries are growing at a good pace in regions, such as Asia Pacific & Japan. Also, rising agricultural production makes this region a potential market for plastic-metal hybrids. Regions, such as Latin America and Africa, are growing in terms of agricultural production. Middle East is focusing on bringing improvements in its architecture, which in turn, is giving rise to demand for improved and decorative furniture. The above factors make Latin America, Middle East & Africa a steadily growing market region for plastic metal hybrids.

Plastic-metal Hybrids Market: Key Participants

Some of the market participants identified across the value chain of the global plastic metal hybrids market are LANXESS Corporation, BASF SE, ILJIN Holdings Co., Ltd, Schroder Hybrid, Hemholtz-Zentrum Geesthacht, SABIC, TU Braunschweig

“The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Polyetherimide Materials Market Inclination Highpoints Contribution of Prosperous Economies to Push Growth Between 2018-2028

April 23, 2019 by Steve Blade  

Polyetherimide materials exhibit high heat stability at elevated temperatures and, therefore, are used as engineering materials. They are high-performance engineering materials that offer high strength, good electrical properties and dimensional stability at high temperatures. Polyetherimide materials also have good melt processing and good hydrolytic stability, owing to the presence of an ether group. The properties of Polyetherimide Materials Market can be altered by reinforcing them with materials such as glass and glass fibers.

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Polyetherimide materials finds a wide range of applications in aerospace and automotive industries, which include aircraft structural parts, automotive structural parts and industrial machinery and equipment parts. They are also used in various electronics and electrical parts. These materials are largely preferred in aerospace and automotive industries, owing to their toughness, cleanness and transparency.

Global Polyetherimide Materials Market Dynamics

Polyetherimide Materials Market Drivers

The rapid growth of the automotive industry has created an upsurge in demand for polyetherimide materials used in the manufacturing of automotive transmission components, bezels, ignition components, lamp sockets, throttle bodies, electromechanical systems and thermostat housings. Strong growth in the electrical and electronics market, with the increasing use of high performance plastics in the industry, is projected to support the demand for polyetherimide materials over the forecast period. The increasing demand for heat-resistant plastics from electrical and electronics applications and the increasing disposable income in developing countries are propelling the growth of the market. The rise in aircraft deliveries highlights the growth of the aerospace industry, which is also driving the demand for matrix composite materials. This expected to boost the demand for polyetherimide materials from structural applications in the aerospace and automotive industry.

Polyetherimide Materials Market Restraints

One of the major challenges faced by the global polyetherimide materials market is the high cost of these materials. At present, a few large players are predominant in the market scenario. The large players can rip out the benefits of economies of scale and therefore, make the entry of small players difficult.  

Additionally, the presence of various alternative materials including lightweight metals and other polymers and plastics can deter the growth of the market to some extent. Environmental regulations that mandate the recycling of plastics are also restraining the growth of the the polyetherimide materials market.

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Polyetherimide Materials Market Trends

Automotive manufacturers are focusing on using lightweight materials for the manufacturing of components. Polyetherimide materials are preferred in the manufacturing of various automotive and automotive electronic components. The rise in the automotive industry in emerging economies is therefore pushing the demand for polyetherimide materials.  

Strong growth in the global electrical and electronics market is propelling the demand for polyetherimide materials from various applications such as electrical motor parts, electrical switches, printed circuit boards, electrical controls and connectors.

Global Polyetherimide Materials Market: Regional Outlook

Automotive manufacturers are shifting from mature regions to emerging countries such as India and China. The global polyetherimide materials market is anticipated to be dominated by the Asia Pacific region with China leading the market in terms of both production and consumption. India is also anticipated to witness sound growth in the demand for polyetherimide materials, owing to the rapid growth in the automotive industry in the country. North America and Europe are collectively anticipated to hold a significant share in the polyetherimide materials market and the growth in the aerospace industry in the region is anticipated to further drive the demand in the coming years. Significant investments and economic recovery in Brazil and Argentina are projected to drive the Latin America polyetherimide materials market. The Middle East and Africa region is projected to witness moderate growth in the demand for polyetherimide materials over the forecast period, due to the initiatives being taken by various Middle East countries towards diversifying their economies.

Global Polyetherimide Materials Market: Market Participants

Examples of some of the market participants identified across the value chain of the global polyetherimide materials market are SABIC, Aikolon Oy, Emco Industrial Plastics, Quadrant Group of Companies. Westlake Plastics Company, Ensinger, Regal Plastics, Nationwide Plastics, Inc., Total Plastics, Int'l Eagle Performance Plastics, Inc. RTP Company. Aetna Plastics Corp, SpecialChem

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

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Road Reclaimer Market Research Report, Size, Market Drivers and Key Players Strategies Analyzed Till 2027

April 23, 2019 by Steve Blade  

Road reclaimer is an engineering vehicle that pulverizes the asphalt layer and mixes it with the underlying base to stabilize deteriorated roads or create a new, recycled road surface. The road reclaimer can also add blending cement, foamed asphalt, or binding agents at the time of pulverization or during separate mix pass. Intense urbanization and growth in road-building activities are major factors influencing the development of Road Reclaimer Market. Roadways are always given a bad press and it is necessary to replace the surface material once the roads get damage and make movement hazardous. Growing government initiatives to repair the damage roadways is directly translating into demand for road reclaimer.

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Rising scope of application, particularly across mining, oil, agriculture, and construction industries are expected to favor the growth of road reclaimer market. Road reclaimer is also undertaken for new pavement construction when the soil base needs improvement or strengthening. Continued focus of manufacturers on product innovation and incorporation of new technologies that improve the process, cost effectiveness, and sustainability of road construction is likely to enhance the growth prospects of road reclaimer market. Growing need for development of potholes, landslides, and giant cracks caused by heavy rainfall will possibly boost the road reclaimer market growth.

Promising Future Global Infrastructure Outlook to Fuel Growth of Road Recaimer Market

Road reclaimer is becoming an imperative and essential equipment in road-building applications, with road recycling being an upward trend in the construction industry. Although road reclaimers were deemed a niche equipment, they have gained paramount importance as a construction tool, with a broad spectrum of models being offered by key road reclaimer market stakeholders such as Bomag, Caterpillar, Roadtec, Wirtgen, Terex Roadbuilding, Sakai, and Panien.

According to Global Road Map, an alliance of geographers, planners, environmental scientists, and agricultural specialists who seek better planning for roads, an unprecedented growth of roads is being perceived in the 21st century. Construction of nearly 25 Mn kilometers of new roads globally is foreseen by 2050-end, with majority of the construction occurring in developing countries. The Global Infrastructure Hub has estimated over 45% growth of rural to urban migration that would trigger enormous demand for infrastructure support, with the global population envisaged to close in on 2 billion by 2040 end.

Surging requirement to manage key assets of cities including water, energy, traffic, and roads has given birth to the smart city concept, which involves use of Internet of Things (IoT), and Information & Communication Technology (ICT). On the coattails of smart city developments, expenditure on smart infrastructures that include smart highways and smart grids, has surged, in a bid to ensure sustainable development. With increasing road construction activities, demand for relevant essential machinery such as road reclaimers will witness a hike.

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Manufacturers of Road Reclaimers now Focusing on Operator Comfort

Once viewed as luxury add-ons, road reclaimer cabs, are now perceived as essential feature by construction contractors. The environment for road reclaimer operators in either recycling or stabilization job sites is hazardous, with concerns regarding minute, respirable, silica particles, that cause silicosis – a prevalent lung disease. Prolonged exposure to such environment results into several health issues for workers.

With new regulations apropos of worker safety being implemented, such as CDM 2015, and OSHA Safety and Health Regulations for Construction, elimination of health hazards linked with road construction is gaining widespread emphasis. These regulations have also rubbed off on the development of road reclaimers, resulting into incorporation of new features such as enclosed cab design as that in Wirtgen’s new road reclaimers, which shield operators from sweltering temperatures UV radiations from the sun.

Roadtec is another leading road reclaimer manufacturer, which is addressing health concerns by integrating a cooling system, which pulls air from the machine’s top prior to its exhaust via the radiator package. Roadtec’s provision enables a dust-free and clean environment to the operator.

Other prominent manufacturers of road reclaimers, such as Bomag and Caterpillar, are also focusing on addressing the product quality, operator comfort, and safety in their road reclaimers. Growing emphasis on operator safety will create high demand for such user-friendly machinery, thereby influencing expansion of the global road reclaimer market.

Disastrous Implications of Road-Building Projects to Constrain Growth of Road Reclaimer Market

Researchers from the James Cook University has stated that robust expansion of massive road projects worldwide is likely to be potentially hazardous for the environment as well as the economy. These researchers have scrutinized huge ongoing road projects across the globe, and have prioritized key areas requiring limitations to prevent serious hidden risks and costs. The most urgent priority among these is limiting the length-wise scope of new road projects being planned in high-rainfall regions, particularly in countries of Asia-Pacific, Latin America, and Africa.

Rainfall-drenched roads lead to rapid development of potholes, landslides, and giant cracks. According to the researchers, several roads planned for mountainous, swampy, or wet regions must not be constructed, solely on the basis of economic criteria. The common public often suffers major debts from failed road developments, and few politicians and road developers get rich, squandering vital development opportunities. With increasing awareness about environmental risks associated with road construction activities in wet tropical environments, sales of road reclaimers will be affected to a certain extent in the upcoming years.

Key Developments by Leading Road Reclaimer Manufacturers

Roadtec has recently launched SX-8e, company’s largest soil stabilizer-reclaimer, whose operating weight is 82,000 pounds. This machine is specifically designed for road rehabilitation, soil stabilization, and cold recycling. Designed with relatively higher ground clearance for operating in all types of terrains, SX-8e facilitates reducing the quantity of dust travelling via the cooling system.

XCMG, a construction machinery manufacturer, has introduced its new range of cold in-place recyclers – Xlz210 Reclaimers, for working on soil surfaces. This semi-automatic road reclaimer is ISO 9001:2000 certified and has the operating weight of 21,000 kilograms. This machine series is specifically developed for operations on terrains with delicate soil conditions.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Speaker Cone Material Market Leading Manufacturers Expected to Motivate Growth during 2018-2028

April 23, 2019 by Steve Blade  

Speaker cone material or diaphragm material is the most important part of any speaker. The speaker cone material helps speaker cone in converting voice coil vibrations into audible sound. The speaker cone material helps in dispersion of sound frequencies throughout the listening environment. The speaker cone material possesses various properties, such as low mass, low coloration and controlled resonance. Polypropylene was used as a Speaker Cone Material Market. However, now, it has been replaced with a variety of materials, such as aluminum, kraft paper and other polymers.

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Metal speaker cone materials provide high durability and prevent dynamic compression and distortion. Some speaker cone materials are manufactured using the precision process, where they are subjected to high temperatures and pressures. The precision process used for the manufacturing of speaker cone materials is known as injection molding. Speaker cone materials manufactured using the injection molding process are superior quality speaker cone materials and thus, are more expensive than other cone materials. Depending on their end use, speaker cone materials are available in different types. Speaker cone materials find end-use applications in car speakers, home theater speakers, double speakers, TV speakers, multimedia speaker cones, etc.

Market Dynamics

The growth of the automotive industry is expected to drive the speaker cone materials market. The growth in the consumer electronics industry is expected to drive the market for speaker cone materials in near future. Aluminum speaker cone materials are expected to witness high growth as they provide better sound quality compared to other speaker cone materials. Use of speaker cone materials, such as titanium, silk or aluminum, in tweeters is the new trend nowadays. The high cost of some speaker cone materials is expected to slow down the growth of the speaker cone materials market during the forecast period. Some of the speaker cone materials, such as paper, absorb moisture from air and lose their original properties, which is another factor expected to retard the sales growth of speaker cone materials.

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North America has witnessed significant growth in the automotive and consumer electronics industries in recent years. The growth of these industries in North America region is expected to drive the market for speaker cone materials in the coming years. The European region, with its growing automotive and consumer electronics industry, is expected to create a variety of platforms for the sales of speaker cone materials in near future. Latin America region has witnessed moderate growth in the automotive industry in recent past. The growth of automotive industry in Latin America is expected to help in the growth of speaker cone material market up to a certain extent.

APEJ region is expected to boost the sales of speaker cone materials in near future. The booming automotive and consumer electronics industries in India and China are expected to be the key markets for the sales of speaker cone materials in near future. Middle East and Africa region has shown appreciable growth in the automotive industry and moderate growth in the consumer electronics industry. The growth of automotive and consumer electronics industries in the region is expected to help in the market growth of speaker cone materials. Japan with its well-established consumer electronics industry and moderately growing automotive industry is also expected to help drive the speaker cone materials market in near future.

List of Participants

Some of the participants identified across the value chain of the speaker cone material market are Dr. Kurt Muller GmbH & Co, KG, Loudspeaker Components LLC, Ocean Electronics, RTP Company, Dass & Company, Harbeth Audio Ltd., Wharfedale, Vansonic Enterprise Co., Ltd

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Global Tar Paper Market Report Overview, Leading Players, Future and Forecast Till 2028

April 23, 2019 by Steve Blade  

Tar paper is a paper with heavy grade containing tar. Tar paper is widely used in building construction industry for waterproofing and roofing purposes. Tar paper is manufactured with additives like polyester or fiberglass, which give an additional tensile strength to the Tar Paper Market. Tar paper consists of a base which is made from natural materials like wood or polyesters. The tar paper is then coated with layers of bitumen or asphalt. Asbestos fibers were used in tar paper in early days. The potential hazards posed by asbestos fibers impelled building supply manufacturers to use other alternatives. Tar paper manufacturers now use cellulose fibers which are comparatively less harmful than asbestos fibers.

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Tar paper are can be named as asphalt-saturated roofing felt or bitumen tar paper, depending upon the coating material used. Tar paper used in roofing underlayment are generally asphalt saturated organic felts. These tar papers are combinations of asphalt and organic felts. Tar paper has a variety of functions, including water repelling, backup protection in ice or water damage, weather protection, roof deck protection, and protection from wood resin stains. Tar paper is used with shingles in order to meet the class A fire ratings in the U.S. Tar paper gives a better look to roofs, and improves uniformity as well.

Market Dynamics

The growth of the construction industry is a key factor which is expected to help in the growth of tar paper market. Regions with snow or rainy weather conditions are expected to boost the sales of tar paper. The property of tar paper to resist fire is also expected to help in the sales growth of tar paper. Tar paper can be applied to a wide range of bases, including wood and polyesters, which are natural and synthetic in nature, respectively. The versatile uses of tar paper with both bases, i.e., natural and synthetic, is expected to drive the demand for tar paper during the forecast period. Excess heat absorption by tar paper is expected to retard its sales in regions that experience hot weather conditions. Tar paper is also ineffective in the resistance to wind, which is also expected to slow down the market growth of tar paper.

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The growing population in China and India have resulted in the growth of construction industries in these countries. The growth of these industries in China and India is expected to help in the market growth of tar paper. Europe has also shown significant growth in its construction industry. This construction industry growth is expected to help in boosting the sales of tar paper in the region. Owing to the climatic conditions in the European region, the tar paper market is expected to have a good growth in the coming years. Some parts in the North American region have the potential for the growth of tar paper sales, due to the extreme climate conditions there. The construction sector growth in the North American region is also expected to create a platform for the sales of tar paper.

Latin America, with its moderately growing construction industry, is expected to help in the tar paper market up to a certain extent. Tar paper sales in the South East Asian region are expected to increase in the coming years, owing to the growth of the construction industry in this region in recent years. Japan, with its moderately growing construction industry, is also expected to help in the sales growth of tar paper in the near future.

List of Participants

The participants involved in the tar paper market are listed below Nobel Corporation, Swastik Tar Industries, GMC Roofing and Building Paper Products Inc. Dayus Roofing. Maryland Paper Company LP, Warrior Roofing Mfg, Tarco Roofing, HAL Industries Inc. IKO Industries Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, and base.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
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