The Impact of Advanced Process Control on Manufacturing Industries

The global aprotic solvents market was worth $14.265 billion in 2020 and is projected to expand at a 3.47% CAGR over the predicted period to reach $18.112 billion by 2027.

Aprotic solvents have no hydrogen atoms connected directly to an electronegative and are not competent in hydrogen bonding. Aprotic solvents are those that cannot contribute a suitable hydrogen atom and do not contain acidic hydrogen. Aprotic solvents have a low skin penetration, greater dipole moment, high polarity, and a high dielectric constant and are incompatible with strong bases such as n-butyllithium.

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  • ✅ Market Size & Growth Projections
  • ✅ Key Player Profiles & Market Share
  • ✅ Application Insights & Regional Trends

The End-User Are Driving Force for the Aprotic Solvent Market Globally

The aprotic solvents industry is increasing rapidly due to rising demand for aprotic solvents in multiple end-user industries such as advanced recycling technology, pharmaceutical, and oil & gas, and rising demand for eco-friendly alternatives.

Unique Properties of Aprotic Solvent

Furthermore, innovative properties such as low reactivity, high permittivity, thermal properties, and the use of aprotic solvents in gas production and oil refining are among the factors that influence the aprotic solvents market expected to register. Aprotic solvents exhibit similarities such as hydrogen bond acceptance, the absence of acidic hydrogen, the ability to stabilize ions, and the ability to dissolve salts. These solvents can be used at high temperatures with acid and reagents such as thionyl chloride and phosphorous. Furthermore, the high polarisation of aprotic solvents allows them to dissolve ionic particles such as various anions used as nucleophiles, making them more reactive.

No Hydrogen Bonding Nature

Protic implies “proton,” and aprotic indicates “no proton.” Aprotic solvents are those that lack a hydrogen atom or bond. Aprotic solvents have extremely high dipole moments and dielectric constants. They do not, however, take part in h – bonding. Because of their increasing polarity, they can dissolve charged species such as anions and nucleophiles. These solvents are more reactive as the outcome of their increased polarity and charge dissolve. Aprotic solvents dissolve materials better than protic solvents because they are more responsive. Because of the increased demand for petroleum products worldwide, the oil and gas sector is expected to be the largest end-user of aprotic solvents. Furthermore, with the rapid expansion of the agriculture and construction sectors, the popularity of coatings, paints, and agrochemicals is significant. Aprotic solvents are being used to create agrochemicals and paints.

Types of Aprotic Solvent

Benzene: Benzene is a colorless liquid with a characteristic sweet odour that is clear and colorless. It has the molecular formula C6H6 and is a sweet-smelling organic compound. Benzene is found in abundance in nature. There is no need to synthesize it because it is naturally present in gas emissions from the forest or volcanic fires and cigarette smoke, crude oil, and gasoline. Benzene is used in various commercial, industrial, and research applications as a solvent. Producers use benzene-containing products as solvents at different processing stages and are used to manufacture plastic and chemical products. Benzene is also used to make asphalt, which paving and roofing companies use.

N-Methyl-2-Pyrrolidone(NMP): The colorless transparent liquid oil with a small amino center is an NMP solvent, an organic compound. Good thermal and chemical stability, Low volatility, water vapor volatility, and Light sensitivity. Most natural compounds, inorganic and organic compounds, polar gases, and synthetic polymers are soluble in water, summer, acetate, ethanol, etiquele acetate, chlorophyll, and benzene. N-methyl pyrrolidone is widely used in solvents in the cleaning agents, insulation materials, remedies, pesticides, pigment, and other sectors.

Acetone: Acetone is an organic compound that is highly combustible. C3H6O is the formula for this organic compound solvent. Propanone is another name for it. It can be observed in plants, trees, vehicle exhaust, and wildfires. This is also found in the human body, most notably in blood or urine. It is colorless and flammable. It has a foul-smelling, floral, or irritating odor and is dissolvable in water, ethanol, and ether. It’s a popular solvent and antiseptic. Acetone is typically made by propylene, either directly or indirectly.

The Application of Toluene in a Wide Range of Products Is Expected to Drive the Growth of the Aprotic Solvent Market

Toluene is also renowned as methylbenzene; Toluene is a colorless and clear liquid with a unique sweet odour broadly used as a solvent in industrial applications. Toluene is made from the tolu tree and crude oil. It is also produced during the production of gasoline and other fuels from crude oil and during the production of coke, a type of coal-derived fuel used to manufacture steel. Toluene is commonly used in the manufacture of rubber, lacquers, glues, paints, and adhesives due to its ability to help dissolve, dry, and thin other substances. It is used to synthesize other chemical compounds such as nylon, plastics, polyurethane, benzene, benzoic acid, benzoyl chloride, trinitrotoluene (TNT), benzoic acid, benzoyl chloride, and toluene diisocyanate.

The Asia Pacific Region Is Anticipated to Boost the Growth of the Aprotic Solvent Market

The Asia Pacific is expected to dominate the aprotic solvents market. This growth is likely to continue throughout the forecast period. This can be attributed to rising demand in India and China for pharmaceuticals, oil and gas, and adhesives. Expansion in investments in Asia Pacific emerging markets such as Indonesia and Vietnam is expected to drive the market in the region over the projected period.

Investigate the Global Adhesives Market

Aprotic solvents are essential in adhesive production. Dive into our comprehensive report on the Global Adhesives Market for detailed insights into market trends and growth opportunities.

The Aprotic Solvent Is Being Imported Into South America and Mea Region

The market for aprotic solvents in South America, the Middle East, and Africa is expected to widen soon. Aprotic solvents are imported into Brazil, Mexico, and South Africa because manufacturing firms are scarce in these countries. According to OEC, Acetone import in 2020 in Brazil was US$24.2 billion, and Mexico was US$58.9 billion, which represents that these countries are driving the market by their imports of the aprotic solvent. Increased government spending on projects and national infrastructure is expected to propel the market for aprotic solvents in these regions over the next few years.

Global Aprotic Solvents Market Scope:

Report Metric Details
Market size value in 2020 US$14.265 billion
Market size value in 2027 US$18.112 billion
Growth Rate CAGR of 3.47% from 2020 to 2027
Base year 2020
Forecast period 2022–2027
Forecast Unit (Value) USD Billion
Segments covered Type, Application, And Geography
Regions covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies covered Eastman Chemical Company, BASF SE, DuPont de Nemours, Inc., Arkema, INEOS, Ashland, Mitsui Chemicals, The Dow Chemical Company, Mitsubishi Chemical, AlzChem Group AG
Customization scope Free report customization with purchase

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Rise in Health Awareness to Drive the Market for Amino Acid Market

The amino acids market is evaluated at US$19.106 billion for the year 2021, growing at a CAGR of 4.92% reaching a market size of US$26.741 billion by the year 2028.

Proteins are made up of organic compounds known as amino acids. These substances are necessary for all living things, including humans and bacteria. Amino acids have numerous uses in the food sector, pharmaceuticals, and animal feed, which is a significant element supporting the market expansion on a global scale. Due to their capacity to alleviate mental fatigue and treat muscle aches and sprains, amino acids are widely used in dietary supplements. As a result, the demand for amino acids has increased due to growing concerns among millennials in both developed and developing economies, which will help drive market expansion until the end of the projected period. Additionally, a rise in the number of people who are health-conscious has led to an even greater increase in the consumption of wholesome foods in diets, particularly in developed nations. Furthermore, the ongoing involvement of market participants and a large number of end-user companies in the introduction of new amino acid products along with new products in which the utilization amino acids are required further demonstrates the market’s growth potential and the business expansion opportunities over the following five years.

Amino Acid Market to Benefit from Growing awareness for Health

As consumers have become more aware of their health, there has been an upsurge in the demand for nutritious food. This has forced food and beverage producers to make products boosted with necessary nutrients, such amino acids, which have increased consumer demand for amino acids. Protein-rich diets are popular among athletes and bodybuilders because they enhance performance and promote muscle growth. The market share of amino acids is increased by sports supplements such energy drinks, nutrition bars, low-carbohydrate diets, and nutritional supplements. The virus’s spread increased consumer demand for immunity-boosting goods, which in turn boosted demand for amino acids. The need for amino acids is growing since they assist with conditions like depression, sleep issues, premenstrual dysphoric disorder (PMDD), giving up smoking, bruxism, and attention deficit hyperactivity disorder (ADHD). The creation of proteinogenic amino acids, which are integrated into proteins during translation, has greatly profited from advancements in biotechnology. These elements are projected to increase demand for amino acids.

For instance, Lycored the leader in the world for research and development of lycopene and carotenoid supplements, opened a new processing facility in New Jersey in January 2022, to improve the processing of its amino acids, vitamins, carotenoids, minerals, and natural food ingredients. The new facility boosts output capacity while maximizing product purity, potency, and shelf life.

Most businesses are emphasizing their growth into branded consumer goods offered in company-run specialized stores and supermarkets. Numerous entrepreneurs are attempting to break into the amino acid sector because of the significant potential for revenue growth. ProtienQure is one such platform that focuses on fresh peptides that have been adjusted for binding, specificity, and other pharmacokinetic characteristics. It also produces proteins with many binding domains.

The Leverkusen, Germany-based pharmaceutical company Bayer AG announced the release of Ambition in January 2022, an amino acid-based medication developed exclusively for the Chinese market. The substance includes glutamic, alanine, and glycine acid among its 19 various types of amino acids.

The growing animal feed requirement will steer the demand for amino acid market

Amino acids are used in animal feed to increase the metabolic rate and supply nutrition to animals like cattle, broilers, and pigs. Additionally, amino acids in feed support animal reproductive, lactation, and overall health. Isoleucine, lysine, methionine, leucine, and threonine are the amino acids that calves need the most. Animals grow more slowly and hold back attaining adulthood due to any one of these amino acid deficits. For instance, Lysine has grown significantly popular recently. As the human body cannot produce such an acid, the market for nutritional supplements is gradually driving increased demand for it. The product has become more popular as an animal feed component in addition to for human use. The amount of lysine consumed daily has a direct impact on the ability of animals to grow, as it is primarily used for body protein deposition. The best way to maximize animal development, feed quality, and efficiency is to adjust the dietary lysine concentration in accordance with the feed intake capacity. Rising demand for chicken and broiler meat in countries like the United States, Russia, and Mexico is projected to drive the poultry feed industry. As a result, the need of feed additives such lysine and arginine amino acids will rise. For instance, a new product named “HiPhorius,” created by the DSM-Novozyme cooperation, released in January 2022. Its goal is to help chicken breeders provide protein that is both profitable and sustainable.

Asia Pacific to hold a major share owing to growing awareness for human and animal feed requirements

The Asia Pacific region dominated the amino acid market in 2021 with a 48.5% sales share.  The rise in the growth of market can be attributed to a surge in consumer spending in the region, the adoption of a healthy lifestyle, and the rapid expansion of end-use industries like pharmaceuticals, neutraceuticals, personal care, and cosmetics. The regional market for amino acids is anticipated to grow primarily as a result of the existence of a substantial demographic base, expanding production of amino acids and rising exports of feed additive from countries such as China and Japan. Amino acids are mostly used to treat liver and cardiovascular diseases, as well as to slow down the degeneration and exhaustion of muscles. Due to the expanding populations in developing markets like China and India as well as the presence of a young population, the demand for amino acids is considerable in the countries. Additionally, the increasing consumption of animal feed in nations like China and India further supplements the region’s consumption of amino acids, contributing to the market’s expansion. According to Alltech’s annual feed production study, Jan 2022, China experienced the biggest rise in feed production by tonnage, rising 8.9% to 261.424 mmt. The market for animal feed additives in China is governed by a legal framework that includes registration, authorization, supervision, and inspection. The State Ministry of Agriculture and the province feed administration departments are the relevant government agencies. Chiatai Macro of Thailand and Ajinomoto of Japan have both established their joint ventures in China to produce feed-grade lysine for the feed business. In Tianjin, Round-Planc has established a joint venture to manufacture feed grade methionine.

Difficult production and high competition will hinder the market’s growth

The challenging production process is the main hindrance to market expansion. The synthesis of amino acids will also have high logistic costs, which will impede market expansion. On the other hand, the availability of a variety of amino acids is anticipated to present a growth potential for the industry worldwide. The implementation of stringent restrictions for the sale of products containing amino acids, however, poses an obstacle to the market’s expansion. The fierce competition among the market’s established players presents a significant barrier to entry for new players because many of them are providing high-quality amino acid products to a variety of end-users, such as food and beverage producers, the pharmaceutical industry, producers of dietary supplements, and others. Additionally, some small-scale producers and local businesses sell low-quality or fake goods at lower rates, which has an impact on the global amino acids industry. The other competitors in the market will face intense rivalry as the number of producers offering a wide variety of amino acids for various purposes rises. A significant challenge is emerging in the global amino acids market due to an increase in the number of manufacturers providing high-quality amino acids for various applications.

Amino Acids Market Scope:

Report Metric Details
Market Size Value in 2021 US$19.106 billion
Market Size Value in 2028 US$26.741 billion
Growth Rate CAGR of 4.92% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Source, Application, Type, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Ajinomoto Co., Inc., AMINO GmbH, ANGUS Chemical Company, Spectrum Chemical Mfg. Corp, Kemin Industries, ADM, KYOWA HAKKO BIO CO., LTD., Bill Barr & Company, Evonik Industries AG, Suntran Industrial Group Ltd.
Customization Scope Free report customization with purchase

Increased Cybersecurity to Strengthen Access Control Systems

The Access Control market was valued at US$6.637 billion in 2020 and is expected to grow at a CAGR of 7.52% to reach a market size of US$11.029 billion in 2027.

Access control is a method for improving the security of any computing system by preventing unauthorised users from accessing certain resources. Both physical and logical access are included. Physical access control restricts access to physical IT assets, buildings, and campuses, whereas logical access control links with system files, data, and computer networks. The solution offered by access control entails confirming a person’s identification using biometrics or access cards and confirming this with any commercial companies to authorise access. Numerous businesses, including commercial, military & defense, government, industrial & manufacturing, transportation, and others, use it extensively. They are divided into three categories: services, software, and hardware, depending on the component.

The market for access control is expanding as people become more inclined to use it as a result of various forms of cost-effective security systems. Additionally, it is anticipated that the preference towards wireless and IoT-based security systems in a variety of applications as well as rising urbanisation will boost the expansion of the access control market in the coming years. The key factors driving the market’s expansion are the rising demand for data security and the penetration of cyber threats. The increasing use of electronic gadgets and wireless technology is another factor boosting industry expansion. Additionally, owing to technical advancements, the introduction of blockchain technology, cloud computing, and the internet of things for connected devices all help to impose a favourable picture on the industry. However, the market’s expansion may be hampered by a number of restrictions and difficulties. Market constraints are likely to be caused by things like a lack of knowledge about security solutions and their high costs.

The demand for access control systems is being driven by the rise in cyber security and data breach incidents as well as supportive government regulations.

Businesses now find it more challenging to function in an environment susceptible to malware attacks as a result of the advancement of digital technologies. All contemporary businesses must manage employee movement according to pre-established standards in order to safeguard their employees’ safety, their physical assets, and their intellectual property. One of the main causes of the rising demand for access control systems is the growing necessity for security in the modern business environment. Data has become a valuable commodity due to the massive volume of digital channels via which it is produced, and hackers are eager to monetize this data in order to make money and engage in fraudulent activities. For instance, in May 2020, the data of 9 million easyJet customers was exposed through a cyberattack. Email addresses and the full credit card information of 2,208 users were among the data exposed during the attack. Owing to the theft of consumer credit card information, Easyjet allegedly violated the General Data Protection Regulation.

Several governments and security agencies are forced to improve security mechanisms in their transactions through the implementation of RFID and biometric technologies as a result of the rising number of cyber and malware attacks. As a result, this is assisting in the market for access control’s overall expansion. This, along with increased regulations like GDPR (The General Data Protection Regulation) and the tightening of laws relating to data breaches in European nations, is further providing the required momentum for the expansion of the access control market because such occurrences result in enormous financial losses for businesses. These factors are expected to provide an impetus to the market’s growth.

Key market developments

Increased partnerships and collaborations, government projects, expansion activities, mergers and acquisitions, research and development, and market investments, will thereby increase the demand for access control systems. For instance,

  • October 2021: At the secretariat in Thiruvananthapuram, a security system using an “access control system” that limits and tracks staff and visitor mobility is planned to be implemented. With Kochi Metro Rail Limited’s technical help, Keltron will carry out the project. The new access control system will be connected to the biometric attendance system, which contains information about the current personnel. The project is anticipated to cost Rs 1,95,40,633 crore. Additionally, 30% of the cost has been allocated to Keltron in advance. The Public Administration Department is in charge of the project.
  • January 2022: Access Control Systems (ACS) announced the acquisition of Access Control Technologies (ACT). According to the report, ACT is Central Florida’s top installer of automated gate systems. In the automated gate sector, ACT has accumulated knowledge and experience spanning more than a century. Access control systems, such as high-end residential and commercial automated gate systems, are distributed, integrated, and installed by ACS. The combined resources can help ACT expand its market and add new core competencies, which will expedite the company’s growth.
  • October 2022: Brivo, the top supplier of cloud-based access control and smart infrastructure technologies, and Mindbody, the top experience technology platform for the wellness sector, have partnered to improve security for wellness businesses. Through the collaboration, studios and owners using the Mindbody platform will have access to Brivo Access, which uses Brivo’s patented cloud-based access control to safeguard their company, assets, and members. The solution enables automatic member information sync from Mindbody to Brivo Access and makes it simple to collect statistics on membership traffic, occupancy, and trends to aid in operational optimization.
  • July 2021: To capture the rapidly expanding biometric access control market, IDEMIA, the pioneer of augmented identity, announced a global partnership with Bosch Building Technologies, a leader in the security industry. Bosch has incorporated Idemia’s selection of biometric devices into the Bosch Building Integration System (BIS)to add a biometric layer. In addition to the connectivity with BIS, Bosch added Idemia’s premier contactless biometric terminals to its access control lineup.

The Asia-Pacific region is expected to hold a significant share of the market in the coming years.

The market is expected to grow at a strong CAGR in the Asia-Pacific region, which currently holds a significant portion of the market. The tertiary sector is expanding in the area as a result of rising urbanisation and globalisation, which has also caused the IT sector to rise in many nations, including India. The demand for access control solutions has increased over the past few years as more regional operations and offices of multinational IT products and services firms have been established. This has accelerated the expansion of the access control market.

Access Control Market Scope:

Report Metric Details
 Market Size Value in 2020  US$6.637 billion
 Market Size Value in 2027  US$11.029 billion
 Growth Rate  CAGR of 7.52% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Product, Service, Deployment, End User Industry, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Vanderbilt Industries, Gemalto NV, Honeywell International Inc, IDEMIA, Matrix Comsec Pvt. Ltd., Brady Corporation, Tyco International, Protection One, a division of ADT LLC, NEC Corporation, Siemens, Hangzhou Hikvision Digital Technology Co., Ltd., HID Global Corporation, an ASSA ABLOY Group
 Customization Scope  Free report customization with purchase

Rise in Automotive Industry to Drive the Market for Surface Inspection

The surface inspection market is anticipated to increase at a compound annual growth rate (CAGR) of 6.55% over the forecast period, rising from US$3.792 billion in 2020 to US$5.911 billion in 2027.

Surface inspection is a non-destructive method to discover potential flaws, abnormalities, or defects. To ensure a product or commodity has a long service life, a surface inspection is performed. Surface flaws are found and fixed using directional illumination, smart cameras, software, and equipment. It is typically applied to the electronics sector to remedy surface flaws as well as the automotive sector to find body or paint flaws. Some of the key factors propelling the market growth for surface inspection include rising demand for electrical and electronic devices, rising wages for manual workers in different nations, efforts by governments and public-private companies, and expanding use of smart cameras, enhanced software, and potent image processors. The main factor driving the market’s expansion is the existence of strict laws governing quality assessment and irregularity detection. Another important factor promoting the market’s expansion globally is the simple availability of cutting-edge assessment and vision technologies like machine vision. Additionally, it is anticipated that the growth of the surface inspection market over the ensuing years will be stimulated by the enhanced execution of assembly lines with improved authority over quality enhancing the degrees of buyer satisfaction.

New Developments in the automotive industry and the growing adoption of Surface Inspection

The demand for the automotive industry is anticipated to rise as a result of the sector’s continued development and the growing popularity of electric vehicles. OICA estimates that global vehicle sales reached more than 82 million units in 2021, an increase of 6% when compared to 2020. In 2021, more than 56 million passenger cars and 26 million commercial vehicles were sold. The surface inspection market is anticipated to grow as a result of the automobile industry’s developments. In the automotive industry, surface inspection is done to identify and fix paint and surface cracks or faults. Defect detection on automobile bodies typically uses an inspection programme flow that includes image capture, fusion (gathering images of automobile bodies), image processing, and classification (identification and differentiation of millimeter-sized faults). The goal of surface defect inspection has led to the introduction of numerous vehicle inspection systems and procedures.

For instance, an automatic paint repair solution for metal and plastic body parts was recently announced by ISRA. Utilizing the cutting-edge multi-mode LED technology of ISRA’s new PAINTSCAN small sensor, the fully automated SSP system (Scan, Sand, Polish) created by Accell GmbH, an ISRA partner company, integrates optical inspection, sanding, and polishing processes into a single unit. The ISRA PaintScan surface inspection system constantly checks painted components for all significant paint flaws and classifies them, even when the production line is moving. The device uses a special camera/lighting setup to detect a variety of surface flaws, including dents, scratches, and imperfections. After successful identification, PaintScan classifies all quality-related paint faults using tried-and-true algorithms, prohibiting faulty goods from being used in further processes. Using PaintScan, existing production lines can also be improved.

The system created by Ford Motor Company uses a moving structure made up of several light bars (high-frequency fluorescent tubes) and a set of cameras in fixed positions around the stationary car body can detect millimetric defects of at least 0.3 mm in diameter with various shapes that are extremely difficult to detect, thus improving the quality of manual inspection performed. As a result, increasing surface inspection adoption and surface inspection market opportunities in the automotive industry have a favourable impact on market growth and development.

Increasing Pothole damage is expected to boost the demand for surface inspection techniques

Drivers all across the world are irritated by the growing number of potholes on the roadways. Numerous problems with wheels and tyres can result from pothole damage. The initial collision on a car may cause buckling wheels, body cracks, tyre lumps, shattered alloys, suspension problems, tracking problems, and many other issues. The American Automobile Association estimates that 10% of US drivers experience serious car damage as a result of hitting a pothole. By the year 2021, the average repair cost for these damages had risen to US$600, costing drivers in the US alone US$26.5 billion in repairs.

The announcement of planned innovations in the automotive industry and the growing pothole issue are predicted to lead to a significant increase in the surface inspection market. For instance, Chromasens has unveiled their new 3DPIXA RI stereo line-scan camera to aid in the creation of an automated road inspection solution. When mounted on a typical vehicle, it can capture high-resolution inline photographs of continuous road surfaces as broad as 14.4 feet in one pass because it has a tri-linear CCD line sensor and a very wide field of view (4400mm). The 3DPIXA Rl is a line-scan stereo camera that records road conditions line-for-line with an optical resolution of 615 m while also taking 2D colour images and 3D height measurements for analysis. Considering how expensive and time-consuming manual road surface inspection is, this technology would be quite helpful.

North America holds a major share owing to advancing technology and supportive Government policies

Due to the presence of numerous surface vision and inspection providers in the region and the ongoing technological improvements in the manufacturing automotive, and electronics industries, North America is anticipated to have the biggest market share. The increasing demand from pharmaceutical and cosmetic companies around the world is mostly the reason for the regional market’s expansion. The region’s governments are enforcing a number of strict norms and regulations relating to product quality, which is driving up demand for surface inspection equipment there. Machine vision technology is about to become a key component of the food and beverage sector, helping players attain production efficiency, quality, and safety. As a result, the demand for surface vision & inspection systems is probably going to increase due to the need for quality and regulatory compliance, which will accelerate the regional market’s growth rate during the ensuing years. Leading market firms are using a variety of methods, like expansion, the introduction of new products, and acquisitions, to stay competitive. For instance, ZEISS plans to expand the nationwide reach of its Industrial Quality & Research sector in the United States in June 2021 by purchasing Capture 3D. With headquarters in Santa Ana, California, Capture 3D is the main US partner for GOM 3D’s non-contact measuring technologies. As a result of this acquisition, customers will gain access to a flawlessly integrated experience to find the finest measuring solutions for their particular needs.

Complex Product Design to restrain the growth of the Surface Inspection Market

The intricate product design of the inspection system is the main factor impeding the growth of the global surface inspection market. These systems consist of a camera system, a lighting system, and advanced image processing. Usually, experimentation is used to put up a surface inspection system. Users must experiment with photos of production parts to reflect process variation in addition to assessing various photographs of defective parts in the defect library. A preliminary examination is conducted by inspection professionals based on these observations, and the results often show the necessary setup. Furthermore, it is a difficult task to implement such a sophisticated system in a challenging industrial environment, particularly in the metal sector. Moreover, the lack of skilled personnel to install such systems also impacts the market.  All of these elements are anticipated to restrain the growth of the market.

Surface Inspection Market Scope:

Report Metric Details
 Market size value in 2020  US$3.792 billion
 Market size value in 2027  US$5.911 billion
 Growth Rate  CAGR of 6.55% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Surface Type, Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Baumer Inspection, Isra Vision, AMETEK, Omron Corporation, Adept Technology,   Cognex Corporation, Edmund Optics, Matrox Imaging, Teledyne Technologies
 Customization scope  Free report customization with purchase

Promising Future of Solar Power

The Global Concentrated Solar Power (CSP) market is expected to grow at a compound annual growth rate of 10.67% over the analysed period to reach a market size of US$2.602 billion in 2027 from the US$1.280 billion in 2020. 

The prime reason driving the growth of the market is due to deployment support, policy framework conditions, and proven technology. Countries are racing to meet their zero-GHG-emissions targets while increasing the share of renewable energy sources in total electricity generation. For example, Spain’s national integrated energy and climate plan sets a target of 120 GW of installed renewable energy capacity, primarily solar and wind, by 2030. (NECP 2021-30). Furthermore, another major factor driving the demand for concentrated solar power is the world’s rapidly increasing electricity consumption. According to the US Energy Information Administration (EIA), global electricity consumption continues to rise faster than global population, resulting in an increase in the average amount of electricity consumed per person, or per capita electricity consumption. However, the role of political, regulatory, financial, and administrative barriers, as well as lengthy and uncertain approval processes and other general investment risks, can stymie market growth.

Government Assistance to Enable the Adoption of Renewable Technologies

Solar, wind, hydroelectric, tidal, and wave energy are all examples of renewable energy sources. Multiple governments are incentivizing renewable energy generation through tax credits, grants, and loan programmes, encouraging investors and project developers to shift toward renewable power generation. Such beneficial initiatives have also aided the commercialization of these technologies.

Government policies and programmes to increase the installation of concentrated solar power will continue to support the growth of this market over the next five years. The United States Department of Energy (DOE) provides funding to industry, universities, and national laboratories through competitive awards with the common goal of making large-scale dispatchable solar energy systems cost-competitive without any subsidies by 2020. Furthermore, governments are researching technological advancements for a brighter future. For example, the US Department of Energy’s National Renewable Energy Laboratory started developing Next-gen concentrated solar power in February 2022. The next-generation CSP programme aims for an energy cost of $0.05/kWh. The Department of Energy has identified opportunities in three material pathways: storing heat in sand-like particles, liquids like molten salt, and gases, such as Brayton Energy’s technology.

The Power Tower Market Will Have a Significant Share

The global concentrated solar power (CSP) market is divided into four categories: parabolic trough (PT), solar tower (ST), solar dish (SD), and fresnel reflector (FR). The solar power towers segment accounts for a sizable portion of the global concentrated solar power (CSP) market. A large field of flat sun-tracking mirrors is used in solar power towers. Heliostats are mirrors that reflect and concentrate sunlight onto a receiver at the top of a tower. Solar power tower market growth in Asia Pacific, the Middle East, and Africa will be supported by rising demand for continuous electricity generation and increased government support for renewable technologies in key countries such as China, India, Morocco, Saudi Arabia and the UAE. During the forecast period, the segment of parabolic troughs is expected to grow at a reasonable rate.

The Ivanpah Solar Electric Generating System is the United States’ largest concentrated solar thermal plant. The plant, located in California’s Mojave Desert, can generate 392 megawatts of electricity by using 173,500 heliostats, each with two mirrors that focus sunlight onto three solar power towers.

Political Barriers in Underdeveloped Countries May Constrain the Market Growth

Politicians and governments are considering the growing economic benefits of the renewable energy industry. Some countries lack the political will or financial resources to invest in such technology. For example, there are significant political and economic barriers to CSP deployment in Sub-Saharan Africa, such as a lack of strong political will, technology costs, fossil fuel contribution, a lack of private investors, vandalism and insecurity, and land requirements. Nigeria is suffering the most due to such factors.

Although recent developments can alter the current situation as the Redstone Concentrated Solar Power project will generate 480,000MW of clean energy per year. The contract was signed in 2018 and construction will begin in May 2021. The R11.6 billion ($162.457 million) Redstone project near Postmasburg in the Northern Cape is South Africa’s largest renewable energy investment to date.

The North American Market Will Grow Significantly During the Forecasted Period

The global concentrated solar power (CSP) market has been divided into five major regional markets based on geography: North America, South America, Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC).

In 2019, North America accounted for a sizable portion of the global concentrated solar power market. In the United States, approximately 1,815 MW of CSP plants are currently operational. Europe also has a significant presence in the global concentrated solar power (CSP) market, with Spain leading the way. Furthermore, new tariff legislation, increasing demand for storage, and proven plant performance have increased investor confidence in Spanish Concentrated Solar Power ownership. Mitsubishi Corporation entered the concentrated solar power (CSP) market in February 2020 with investments in four CSP power plants in Spain held by Acciona, a Spanish solar power giant, with Mitsubishi Corporation owning 15% of its shares. Because of rising investments in renewable energy sources, the Asia-Pacific (APAC) regional concentrated solar power market is expected to grow at a significant compound annual growth rate between 2020 and 2025. Rapid solar energy installation to increase the share of renewable energy generation in countries such as India and China provide lucrative opportunities for CSP market players. Concentrated solar power (CSP) is of particular interest in the Middle East and North America (MENA) region because, unlike solar photovoltaic (PV), it can easily store thermal energy in massive tanks of molten salt for use at any time of day or night.

Covid Insights

The coronavirus pandemic had a negative impact on the CSP market National lockdowns have had a negative impact on demand, causing turbulence in global economic growth and resulting in lower business spending and investments in new projects. This pandemic had a significant impact on solar installation, with subsequent lockdown and declining business spending leading to the postponement of several solar projects. On the supply side, global supply chain disruption, as well as lower productivity across manufacturing facilities as a result of mandatory social distancing measures, have reduced the production of concentrated solar power systems.

Global Concentrated Solar Power (CSP) Market Scope:

Report Metric Details
 Market Size Value in 2020 US$1.280 billion
 Market Size Value in 2027 US$2.602 billion
 Growth Rate CAGR of 10.67% from 2020 to 2027
 Base Year 2020
 Forecast Period 2022–2027
 Forecast Unit (Value) USD Billion
 Segments Covered Type, End-User, And Geography
 Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Abengoa S.A., AccionaEnergía, BrightSource Energy, Inc., Q-Energy, FRENELL GmbH, Siemens Energy, Intecsa Industrial S.A, Eni S.p.A., Pacific Green Technologies Inc., Aalborg CSP A/S
 Customization Scope Free report customization with purchase

Durable, and More Resistance Anti-allergy Alternative: The Nitrile Surgical Gloves

The nitrile surgical glove market is projected to grow at a CAGR of 9.19% during the forecast period to reach US$734.459 million by 2027, from US$396.944 million in 2020.

Nitrile surgical gloves are made of nitrile rubber which is a compound that combines butadiene and acrylonitrile. During surgery, the end user handles different types of sharp tools to perform surgery, hence the user is more prone to cuts, slits, and punctures. These nitrile surgical gloves can offer puncture resistance and durability while providing comfort and flexibility to the surgeon. Additionally, these nitrile surgical gloves have properties such as high chemical resistance, pathogen protection, flexibility, and many more. 

Its unique qualities such as wearability and allergy comfort are increasing the market demand

The growing demand for comfort in wearables such as gloves among the end-users of nitrile surgical gloves is the prime driver in the growth of the nitrile surgical glove market. Nitrile is a more comfortable fit with 100% latex-free construction. Also, nitrile gloves are marketed for allergy prevention as they are mostly powder-free, which ultimately reduces the risk of allergens.  Gloves made from natural rubber could give rashes and allergies. Hence, to ensure skin safety and sensitivity, nitrile surgical gloves are being used during surgery.

The nitrile surgical gloves can offer the next level of comfort to their users as these gloves have a chlorinated finish which makes donning and doffing (a method of putting on “donning” and taking off “doffing” protective wearables) easier. Surgeons and hospital staff are more often faced with such situations where they are required to wear surgical gloves for a longer period, which results in wet hands. But even under such circumstances nitrile surgical gloves enable the end users to easily remove or put on these nitrile surgical gloves. Furthermore, these gloves are available in micro-textured finishes which allows a non-slip finish for both dry and wet use. These unique features of nitrile surgical gloves which are best suited for surgical environments are boosting the demand nitrile surgical market.

Price stability, diversified distribution network, and rising need for healthcare and medical professionals are further boosting the growth of the nitrile surgical glove market

A rising need for healthcare and medical professionals which attribute to the higher demand for surgical nitrile gloves is boosting the market’s growth. The usage of nitrile surgical gloves is expected to rise significantly along with the rising need for medical staff as the world is more exposed to infectious, communicable as well as non-communicable diseases. As per the World Bank’s Global Health Estimates 2020, out of total deaths in 2019, 74% of deaths were caused by non-communicable diseases. Additionally, nitrile gloves are made from man-made substances hence they have a relatively stable price than latex, this makes nitrile more stable and not subject to climate change, weather, and more such factors. Also, nitrile gloves have a longer shelf-life which makes their distribution network diverse and more scalable as the availability of this product has increased in the past few years.

The rising favoritism toward environment-friendly alternatives may pose a challenge for the regular nitrile surgical gloves manufacturers

The rising awareness about climate change and the importance of biodegradable and recyclable products is limiting the demand for nitrile surgical gloves. The materials used in making the nitrile gloves such as acrylonitrile and butadiene hurt the environment. While making nitrile gloves acrylonitrile and butadiene both substances are released into the air, and these substances can turn toxic if they are released at higher levels. Also, in the manufacturing process of nitrile gloves, CO2 is released as fossil fuels are used for healing and production. Additionally, the disposal of these nitrile gloves takes longer to decompose, and they end up in landfill which further impacts biodiversity. Hence, to prevent such environmental harm through nitrile surgical gloves, different companies are coming up with biodegradable alternatives which is expected to boost the market in the long run. For example, in April 2022 SHOWA group received FDA’s 510(k) approval for their single-use nitrile glove. SHOWA offers an M7005PF single-use line of nitrile gloves under this FDA clearance. The company claims that these nitrile gloves are low-risk class I devices that are fully biodegradable.

According to the material used, the powdered nitrile surgical glove market is expected to grow expeditiously

The nitrile surgical glove market is majorly divided into two segments namely powdered and non-powdered surgical gloves. The powdered surgical gloves are best suitable in busy conditions as they can be put on easily and the powder prevents the gloves from sticking together. The corn starch powder which is used in the powdered gloves helps to absorb more moisture and volume of fluids or chemicals. But the powder can cause sensitivities or allergies to the user’s skin which further contributes to latex allergies or sensitivity. On the other hand, powder-free nitrile surgical gloves are more skin-friendly and reduce the risk of allergies. These gloves undergo a chlorination process which makes them latex free. These gloves are more expensive as compared to the powdered gloves due to the extra processing involved in making these nitrile surgical gloves powder free.

COVID-19 Insights

The coronavirus epidemic had a positive impact on the growth of the nitrile surgical glove market globally due to higher demand from the healthcare and medical sectors due to the rising number of surgeries. The rising need for a surgical glove that has a higher resistance to chemicals, flexibility, and more puncture resistance for longer use in the medical sector resulted in the growing demand for nitrile surgical gloves in the market. The necessity to keep medical professionals safe from hazardous and contagious viruses like COVID-19 further boosted the demand for nitrile surgical gloves during the pandemic. As a result, many countries directed their efforts to strengthen their medical infrastructure and facilities which ultimately boosted the growth of global nitrile surgical gloves in the market.

Nitrile Surgical Glove Market Scope:

Report Metric Details
 Market size value in 2020 US$396.944 million
 Market size value in 2027 US$734.459 million
 Growth Rate CAGR of 9.19% from 2020 to 2027
 Base year 2020
 Forecast period 2022–2027
 Forecast Unit (Value) USD Million
 Segments covered Type, Chemical Accelerators, End-User, And Geography
 Regions covered North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Top Glove Corporation Bhd, Hartalega Holdings BerhadAmkay Products Pvt. Ltd., Comfort Rubber Gloves Industries Sdn, Unigloves (UK) Limited, Riverstone Holdings Limited, RFB Latex Limited
 Customization scope Free report customization with purchase

Digging Deep Into TIC Industry

The automotive testing inspection and certification market was valued at US$25.582 billion in 2022 and is anticipated to grow at a Compound Annual Growth Rate of 4.92% over the forecast period to reach US$34.317 billion by 2029.

The growing environmental pollution levels associated with an increasing range of accidents square measure a variety of the key reasons of making promotion of the automotive testing inspection and certification market necessary.

The automotive testing inspection and certification (TIC) services square measure accustomed to give services to automotive twitching producers thus enhancing potency, productivity, the assembly method and so on to notice the specified needs. What is more, the employment of sensible sensors in vehicles, like radar, light-weight detection and travel, et al., has enabled remote observation and prediction of maintenance capabilities, reducing the requirement for on-the-scene examination. As a result, technological developments in twitching like video games (VR) and augmented reality (AR) can aid in the replacement of physical vehicle examination with digital examination. Hence, among the close to future, the replacement of physical examination with digital examination and prognostic maintenance is projected to fuel the enlargement of the worldwide automotive testing inspection and certification market.

According to OICA data in 2019 there was total production of 92183011 units of automotive in 2020 the industry saw slight variation due the pandemic  the production was lowered to 777117225 in 2020 but the scenario now improving by  2021 see increase in production by 3% leading to 80145988 units in 2021.  The rise in automobile production in developed and developing nations, additionally as a result of the fast shift in angle toward outsourcing twitching services, square measure considerably touching the enlargement of the automotive testing inspection and certification market. The increasing disposable incomes in rising nations, additionally as a result of the raised focus of governments on imposing rigorous restrictive needs on the automotive sector, square measure expected to fuel the enlargement of the automotive testing inspection and certification market. Moreover, the increased adoption of electrical vehicles and hybrid electric vehicles and authorization of periodic technical examination of vehicles by governments can boost growth in future.

The global business is supervised by a ramification of state rules regulating traveler safety additionally as environmental problems (emission levels, fuel economy, noise, and pollution). These regulations/standards have a right away impact on and have an effect on the design of automotive components. Strict government rules need automakers to include safety instrumentality like seatbelts, airbags, and crumple zones in their vehicles. Major restrictive organizations impose tariffs and alternative trade obstacles to punish and deter producers from violating pollution and safety standards, just like the continual use of faulty instrumentality Tariffs and alternative trade obstacles square measure obligatory by major restrictive organizations to punish and deter producers from violating pollution and safety standards, just like the continual use of faulty instrumentality. This compels automakers to form fuel-efficient vehicles with considerably lower emissions, additionally as add safety options like anti-skid braking systems (ABS), electronic brake-force distribution (EBD), airbags, and emission management systems like chemical process converters with turbochargers and exhaust gas recirculation (EGR) systems.

Increased growth of the Internet of Things (IoT)-based Technology to boost the Market Growth- the Internet of Things (IoT) is also a network of interconnected computing devices that exchange knowledge for the death penalty a task while not human interaction. With the increase in adoption of sensible digital systems, the testing of software packages can become equally necessary as testing of hardware and thus the examination and testing of the software package relation to remote gadgets. With, such advancement of technology and easy testing can contribute among the expansion of the Automotive twitching Market

However, with the economic process of trades and companies, specific regional rules and standards square measure possible to form hurdles to product adoption on a worldwide scale. This leads to disputes between native and international standards, hindering market enlargement. Variations in restrictive needs across totally different regions result in disparities in tax rates, acquisition of extra expenditures for businesses (hiring native employees to handle tax-related problems, etc.). native rules apply to twitching businesses, which they’re needed to conform the laws and norms of the countries throughout that they operate, that might limit their potency.

Mandate of periodic technical examination (PTI) of vehicles by governments in countries just like the North American country and European nation to form certain vehicles on the road square measure in smart technical condition and adjust to safety- and emission-related regulation, for aiding increase road safety, the transportation department of any country inspects traveler and industrial vehicles and ensures all components and elements square measure in smart operating condition.

The Asia Pacific holds the majority of the worldwide market and is expected to require care of its dominance in future additionally . The developing economies throughout this region, rising per capita financial gain, rising demand, and additional investment potentialities because of favorable government policies attracting the attention of automobile makers, WHO square measure wanting to expand their production capability throughout this region. This, in turn, leverages the commercial revolution of the automotive production and repair industries, resulting in the region’s sturdy market growth. Rising motor vehicle sales and production, rising demand for premium and electrical cars, and technological advancement among the automotive business square measure boosting car maker growth.

Covid-19 Insight

The COVID-19 pandemic had an enormous impact on the automotive business as a whole . The COVID-19 had a severe impact on the worldwide automotive sector. With production stoppages and lockdowns, each offer and demand for OEMs and auto part suppliers square measure heavily discontinuous . makers of automotive testing inspection and certification systems have experienced man shortages and plant shutdowns, resulting in an enormous visitor demand for automobile testing, inspection, and certification. The automotive testing inspection and certification sectors have seen a massive reduction in capitalization because of the pandemic that has caused a pause among the demand and supply networks of the testing, inspection, and certification system makers. The internment in many countries has restricted and wedged the assembly and sales of vehicles. The operations of some crucial corporations have additionally been laid low with COVID-19 epidemics. Most of the companies have stop working their vehicle production facilities and shifted their focus towards the production of personal protection instrumentality. However, COVID-19 is fast becoming the trend of digitalisation among the automotive twitching market. Automotive twitching corporations square measure currently wishing on software package solutions to conduct audits, injury assessments, and certifications.

Automotive Testing Inspection And Certification Market Scope:

Report Metric Details
Market Size Value in 2022 US$25.582 billion
Market Size Value in 2029 US$34.317 billion
Growth Rate CAGR of 4.92% from 2022 to 2029
Base Year 2022
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Billion
Segments Covered
  • Service
  • Sourcing
  • Application
  • Geography
Companies Covered
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

High-Density Polyethylene And It’s Characteristics

The high-density polyethylene extrusion market was valued at US$33.145 billion in 2020, with a CAGR of 4.28% projected to reach US$44.445 billion by 2027.

HDPE, or High-Density Polyethylene, is a polymer whose monomer is ethylene. It’s a plastic material with an extremely high resilience ratio. HDPE is an extremely versatile plastic with numerous application areas, from pipes to storage bottles. Compared to other plastics, high-density polyethylene has a sharp melting point. Food-quality High-Density Polyethylene (HDPE) sheets that are industrial-grade, FDA, NSF, and USDA-approved are designed to be safe, low-maintenance, and long-lasting. Their textured surface offers a stable grip for holding food. Plastic extrusion is an ongoing high production process that involves melting raw plastic and forming it into a continuous profile. This phase started with plastic material being fed into the barrel of the extruder from a hopper. The material melts gradually. Rotating screws and heating systems arranged along the barrel produce mechanical energy. The molten polymer is then pushed into a die, forming it into a hardening shape during cooling.

Recycling of Waste Create Immense Opportunity for Driving the Market

The average waste generated per person per year in U.S. is 14.78 Pounds which averages around 2.23 million tons or 0.9 % by weight. Among which recycled waste account for 470,000 tons or 21% of the recycling rate. The landfill accounts for 1.76 million tons as per the data of the EPA.

Waste Type

Amount

Milk and Water Bottles

0.82 Million Tons

Containers For Other Products

1.41 Million Tons

The growing plastic usage in almost each and every aspect of different industry sector weather for packaging or for construction is expected to somehow generate the amount of plastic waste. The growing trend of recycling the plastic is enabling and boosting the High-Density Polyethylene (HDPE) Extrusion Market over the coming years.

Plastic Waste Generated

2005

2010

2018

Generation

29,380

31,400

35,680

Recycled

1,780

2,500

3,090

Composted

–

–

–

Combustion With Energy Recovery

4,330

4,530

5,620

Landfills

23,270

24,370

26,970

Source: EPA

Benefits OF High-Density Polyethylene Extrusion 

The intrinsic malleability of HDPE is one of its main advantages. HDPE, in particular, outperforms; b Because of its high melting point, HDPE remains rigid even at extreme temperatures. However, once the material has attained its melting point, it can be efficiently and quickly moulded in a wide range of unique implementations such as corrosion-resistant piping, geomembranes, cutting boards, detergent bottles, and milk jugs, food storage containers, plastic lumber, and much more. HDPE is resistant to mould, rotting, and mildew, making it an ideal content for underground water tubing. HDPE is a weather-resistant and long-lasting material that can be sterilized by boiling, making it an excellent choice for food and beverage canisters.

Furthermore, HDPE is resistant to most strong mineral acids and bases and has high durability to organic chemicals in soil. Furthermore, the material is resistant to most common chemicals, including solvents, acids, detergents, water, and cleaning fluids. HDPE plastic is easy to recycle, which helps keep non-biodegradable wastages out of landfills while reducing plastic usage by up to 50%.

High-Density Polyethylene Extrusion Market and ITs Products

Formolene HB6007 is a high-density polyethylene homopolymer resin crafted for liquid food blow moulding applications. For critical food packaging requirements, Formolene HB6007 is a high-quality product. It also has good rigidity characteristics.

Formolene HB5502S1-This High-Density Polyethylene Resin Intended for Sheet Extrusion. Formolene HB5502S1 HDPE resin is intended for demanding high stiffness and stress resistance to cracking. It can be used as a blow moulding resin or a thermoforming resin for sheet extrusion. Formolene HB5502S1 complies with all US Food and Drug Administration guidelines, which govern the safe use of polyolefin marketed for direct food contact.

HI-ZEX- Prime Polymer is Japan’s first high-density polyethylene (1958). It has high rigidity, superb elastic modulus, and good shock resistance. It also has high stability during moulding, tremendous stress wears resistance, and long-term corrosion-resistant and creep resistance.

SABIC B1054-B1054 is a High-Density Polyethylene created especially for blow moulding and jerry cans. It exhibits high stiffness, good ease of processing, and an excellent stiffness/ESCR ratio.

SABIC B4660-B4660 is a moderate molecular weight, High-Density Polyethylene homopolymer used for blow moulding. They are expressly designed to provide high rigidity, strength, and ease of fabrication. These distinct properties enable weight reduction while maintaining high top-load strength. B4660 is Suitable for the packaging of dairy products and juice.

Development

January 2022, WL Plastics Corporate entity has announced the completion of its acquisition of Charter Plastics, Inc.’s polyethylene pipe extrusion assets in Pennsylvania. This buyout allows WL Plastics to broaden its product portfolio, gain new customers, and enter new emerging economies. The Titusville site and associated assets can produce a wide range of polyethylene pipes for various applications, including reclaimed water, sewer, geothermal, gas, irrigation, potable water, and industrial applications.

Conclusion

HDPE frequently substitutes heavier materials, allowing individuals and businesses to undertake self-sustaining and cost-effective production and key deliverables. Because of its high fluidity, rigidity, and corrosion resistance. HDPE is the ideal blend of strength, cost-effectiveness, and nontoxicity.

High-Density Polyethylene (HDPE) Extrusion Market Scope:

Report Metric Details
 Market size value in 2020 US$33.145 billion
 Market size value in 2027 US$44.445 billion
 Growth Rate CAGR of 4.28% from 2020 to 2027
 Base year 2020
 Forecast period 2022–2027
 Forecast Unit (Value) USD Billion
 Segments covered Form, End-User, And Geography
 Regions covered North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Chevron Phillips Chemical Company, Dynalab Corp, The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries N.V., INEOS AG, Saudi Basic Industries Corporation (SABIC), SINOPEC Beijing Yanshan Company, PetroChina Company Ltd., Braskem, Reliance Industries Ltd., Formosa Plastics Corporation, Daelim Industrial Co. Ltd, Prime Polymer Co. Ltd, Mitsui Chemicals Inc.
 Customization scope Free report customization with purchase

Booming Medical Sector Propelling the Demand for the Non Woven Adhesive Tape

The non-woven adhesive tape market was valued at US$975.388 million in 2020, with a CAGR of 7.52% expected to reach US$1,620.67 million by 2027.

Non-woven adhesive tape is a type of adhesive tape that is used for a variety of clinical applications. This tape has a non-woven paper substance and is absorbent, allowing moisture and sweat to drain conveniently. These tapes are used in various medical implementations, including wound treatment, eye pads, sterile gauze, and others.

The market is driven by variables such as an increase in wound instances, a rising birth rate, and a greater emphasis on feminine hygiene. Furthermore, the non-woven adhesive tape’s low cost is expected to contribute to market expansion. Non-Woven Adhesive Tape is also known as Air Vent Tape in many industries.

The tape’s secure and comfortable properties make it perfect for harsh, wonky, or rounded surface and edge bonding. The increasing usage of different end industries such as medical, automotive, transportation, and electrical are expected to spur the global non-woven tape market. Furthermore, the rising geriatric population motivates the healthcare industry, which is believed to enhance the non-woven tape market. 

It can be used by the automobile seat manufacturer for name-plate mounting, small frames, bezels, plastics, metal, foam bonding, and general bonding.

According to the NCBI, in The United States, Chronic wounds account for 6.5 million people, which costs the total burden of disease US$39 billion annually. The rising wound burden incidences are expected to drive the market for the non-woven adhesive tape over the forecasted period. Diabetes was the ninth leading cause of death in 2019, accounting for an estimated 1.5 million deaths. Furthermore, the cesarean deliveries hold the 31.8 % of all deliveries that is 1,148,692 deliveries by cesarean as per CDC; these deliveries require the intensive and advance care of the wound which is expected to burgeon the non-woven adhesive tape market globally.

However, the inadequate properties of non-woven tape compared to specialized tapes and the poor performance and durability of paper tapes are impeding the global non-woven tape market. 

Trends Leading the Growth of the Non-woven Adhesive Tape Market

Non-woven Adhesive tapes are progressively used for medical purposes, and physicians and healthcare professionals recommend them outstanding properties. Non-woven tapes are used in various products, including surgical gowns, masks, dressings, hygienic products, s wound closure strips, and bandages. Non-woven Adhesive tapes are gentle, sanitized, and flexible, with excellent antibacterial and water-repellent properties. The growing realization of the importance of safety and sanitary hygiene products for women and babies in emerging regions is driving up demand for non-woven adhesive tapes. Furthermore, as a result of the 

COVID-19 outbreak, world demand for hygiene products has grown. Non-woven adhesive tapes have also grown in popularity, owing to their primary use in hygiene.

The growing number of surgical implementations, rising hygienic consciousness, and advancements in technology such as anti-bacterial tapes are anticipated to push the non-woven adhesive tapes market in the coming years.

Adhesive And Types & Non-Woven Adhesive Tape Market

Adhesive, also identified as cement, glue, mucilage, or paste, is any non-metallic material that binds two different items together and prevents them from being separated. Adhesives benefit from other binding methods such as mechanical fastenings, sewing, and welding. These advantages include connecting different materials, more efficacious load distribution across a joint, the cost-effectiveness of a conveniently mechanized process, and higher versatility. Adhesives are usually categorized according to their adhesion method, followed by whether they are reactive or non-reactive.

Acrylic Adhesive Tape-Acrylic adhesives are resin-based adhesives that contain acrylic or methyl acrylic polymers. They are remarkably strong and efficient at linking various items together, and they are highly resistant to environmental factors. Acrylic adhesives are frequently used in the construction industry due to environmental resistance.

Rubber Adhesive Tape-Adhesives Made of Rubber is said to be Rubberised tape is a synthetic polymer commonly used in hook and loop fasteners. The rubber adhesive is considerably less expensive and has a higher tack performance. Still, it is more vulnerable to moisture and high temperatures, which may induce it to tear down over the years.

Silicone Adhesive Tape-Silicone adhesive is a flexible, water-resistant polymer based on silica, a popular form of sand found in quartz. Silicones are a class of polymers that have a silicon oxide bond with organic compounds. The detachment of silicon from silica is the first step in producing silicone adhesives.

Woven And Non-Woven Adhesive Tapes

Woven

Non-Woven
  • It Includes fabric  crafted by kitting yarn or by weaving.
  • They are formed from  organic or synthetic fibers  that are interlocked chemically, thermally and mechanically.
  • Woven tape provide high strength ,long lifespan and tear & wear resistance.
  • Non-Woven tapes can be recycled,washable, flame retardant, flexible, absorbent and can repel liquid.
  • They are flexible and durable and properties depend on the material used to preapre it.
  • They are flexible and durable and properties depend on the material used to preapre it.

The Asia-Pacific is the Emerging Region in The Non-Woven Adhesive Tape Market

Because of the developing healthcare sectors in China, India, and South Korea and the region’s ongoing investment opportunities to promote the medical science and automobile industries over the generations, Asia-Pacific is predicted to win the overall market.

The transportation and automotive industries have steadily increased their demand for non-woven tapes. These tapes are automotive for headliners, roof linings, and leather and textile backers. Non-woven tapes are primarily used in medical and good hygiene applications. Non-woven tapes are also used in the electronics and building sectors.

Performing surgeries necessitates sophisticated health components and devices, such as non-woven tapes. Furthermore, continued growth in the electronics and transport industries is supposed to propel the Asia-Pacific non-woven tapes market in the coming years.

Development is Key to the Innovation 

  •  On April 2022,3M launched medical adhesive, 3M Spunlace Extended Wear Adhesive Tape on Liner, 4576, was created for extended wear devices that require skin bond for up to 21 days, propelling in the next generation of the design process. Longer wear times, such as 21 days, may aid user adherence and provide health and economic advantages.
  • On January 2022, Rogers Corporation shareholders approved the acquisition of the company by Dupont. The merger of Rogers and DuPont’s Industrial & Electronics businesses provides compelling benefits to customers and employees because of the combined strengths in technology and innovation materials to introduce new solutions to rapidly growing end markets.

 In May 2019, 3M acquired Acelity Inc. And its KCI subsidiaries globally. Under the KCI brand, Acelity is a global healthcare technology organization specializing in advanced wound care and specialty surgical implementations. It will grow 3M’s business into wound care applications.

Non-Woven Adhesive Tape Market Scope:

Report Metric Details
 Market Size Value in 2020  US$975.388 million
 Market Size Value in 2027  US$1,620.67 million
 Growth Rate  CAGR of 7.52% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments Covered  Adhesive Type, Material, End-User And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered 3M, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, Intertape Polymer Group, LINTEC Corporation, Berry Global Inc, Scapa, Lohmann GmbH & Co.KG, Rogers Corporation
 Customization Scope  Free report customization with purchase

Optical Transport Network – A Digital Wrapper

The Global Optical Transport Network Market is expected to grow at a compound annual growth rate of 18.14% to reach a market size worth US$90.538 billion by 2028. This market was valued at US$28.193 billion in 2021.

The advancing multimedia services, social networking, mobile applications, VoIP, and cloud computing are bound to increase digital traffic exponentially. To keep up with the demand, there is a strong necessity for the telecommunications sector, and network service providers must adapt swiftly. Besides, the number of bandwidth-hungry applications is continuing to expand. Earlier, voice calls used to be the only type of network traffic conveyed across circuit-based networks in a predictable network connection between two destinations. But the majority of network traffic today is packet-based, generated by a variety of services and applications in bursty, unpredictable traffic, with widely changing and more rigorous bandwidth and data transmission performance demands. The optical transport network is a digital wrapper that offers a network-wide framework and can encapsulate data frames, enabling various sources of data to be delivered on the same channel, thereby establishing a virtual optical private network for every client signal.

Analysts anticipate that the rapid internet penetration and technological advancements are expected to drive the Optical Transport Network Market onward.  

The rapid penetration of smartphones, computers, and tablets has exponentially propelled the consumption of the internet. Other factors such as the current trend of digitalization, emergence of 5G, increasing adoption of industry 4.0, IoT and IIoTs are visibly bringing positive growth in the telecom industry and optical transport network industry. According to the Cisco Annual Internet Report, by 2023, about 5.3 about 66% of the global population, i.e., 5.3 billion people with be using the internet, and about 70% of people will have mobile connectivity. At the same time, the fixed broadband speed with reach 110.4 Mbps by 2023, from 45.9 Mbps in 2018. Furthermore, about 300 mobile apps would be installed.

Furthermore, the emergence of 5G is expected to change the information and communications technologies ecosystem for the better. Unlike previous networks, 5G possesses the ability to take mobile communications technology to the next level and offer a completely connected digital world while providing an adequate network for IoT. Thus, 5G services offer low latency, high bandwidth, and a large number of connections, which creates demand for bandwidth with high requirements, latency, capacity, and flexibility in networks. To carry 5G networks efficiently and maintain sustainable competitiveness, there is a strong necessity and demand for a well-developed and optimized OTN. Thus, the ONT’s component, the optical switch, is expected to be in high demand in the market. The optical switch licks the various optic fibers to each other and controls the data packet routing among inputs and outputs. These optical modules are capable of generating high bandwidths and extended reach. The Wavelength Division Multiplexer (WDM) based OTN can offer innumerable connections over fiber, creating a high demand for it. 

The aforementioned attributes are adding impetus to the growth of the optical network market. Exploiting this, several major key players like CISCO, Huawei, Fujitsu, and Adva are investing in the developments of the OTN and actively launching new products in the market to enhance their brand presence and footprint. For instance, in March 2022, Nokia launched a wide range of upgrades for its P-OTN (packet OTN) solutions. The new upgraded solutions can now offer a doubling of switching capacity up to 48 terabytes per second, new WDM (Wavelength-division multiplexing) uplinks, and an extensive range of soft and hard isolation features for network slicing, among many others. Nevertheless, the high initial costs associated with the deployment of an optical transport network are expected to slow down the growth of the market in a global landscape. 

By type, WDM Technology is expected to hold a major share in the optical transport network market, according to analysts.

Wavelength-division Multiplexing, WDM in short, is a technology that facilitates the transmission of multiple optical signals over a single cable. Its working principle is similar to that of the Frequency Division Multiplexing (FDM), wherein multiple signals are sent over several carriers, occupying non-overlapping components of the frequency spectrum. The spectral band employed in WDM is between 1300 and 1550 nm, the two-wavelength windows where optical fibers have a relatively minimal signal loss. WDM offers a wide range of advantages, including easier reconfiguration, high security, higher bandwidth, user-friendly, duplex transmission, and many more. Such appealing features, coupled with the need for the higher bandwidth in the advancing OTN segment and the emergence of 5G, are expected to drive the market growth onward. 

According to regional analysis, the optical transport network market in the Asia Pacific is expected to hold a significant share during the projected period. 

By geography, the optical transport network is segmented into five regions: Asia Pacific, Europe, North America, South America, and the Middle East and Africa. The dominant growth in the Asia Pacific region could be attributed to the increased smartphone penetration, increased internet consumption, and enhanced fixed broadband speed. For instance, according to the Cisco Annual Internet Report, Pacific Asia is estimated to have the highest internet consumption with 3.1 billion Internet users, accounting for 72% of the regional population by 2023. Moreover, the average fixed broadband speed is estimated to reach 157.1 Mbps by 2023, from 14.3 Mbps in 2018. The increasing strategic developments deployed by the regional key players are further expected to boost the market. For instance, in February 2022, Chinese-based Huawei won Bharat Airtel, India’s second-largest telecom operator’s contract for telecom infrastructure expansion worth Rs. 150 crores. The deal was a part of an expansion and upgrade of the National Long Distance OTD network. 

Covid-19 Insights

The global pandemic had a positive impact on the optical transport network market. The mandated lockdown and quarantine amid the pandemic forced firms to adapt the work-from-home model and digitalize the operations by adopting integrated cloud-based platforms to enable remote access to all employees. At the same time, schools and universities too adopted a distance learning online teaching system. Subsequently, the need for better digital connectivity and higher bandwidth arose, increasing the pressure on the telecommunications industry. Owing to an increase in investments in research and development and technological innovations, the optical transport network market expanded significantly. 

Global Optical Transport Network Market Scope:

Report Metric Details
Market Size Value in 2021 US$28.193 billion
Market Size Value in 2028 US$90.538 billion
Growth Rate CAGR of 18.14% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Technology, End User, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Fujitsu Network Communications Inc, ADVA Optical Networking, Infinera Corporation, ECI TELECOM, NEC Corporation, ZTE Corporation, Huawei Technologies Co., Ltd., Padtec, Ciena Corporation, Avencom
Customization Scope Free report customization with purchase