Isostearic Acid Market Will Touch USD 463.2 Million in 2030

The isostearic acid market was USD 296.7 million in 2023, which will rise to USD 463.2 million, powering at a CAGR of 6.7%, by 2030.

This acid is significantly employed in pharmaceuticals, coatings, cosmetics, food & beverages, and various other sectors. Therefore, the increasing requirement for cosmetic and personal care products, mainly in APAC and Europe, is likely to have a positive impact on this industry.

An expanding supply of effective raw materials, mainly oilseeds, will boost the supply of this chemical. It is generally made from oleic acid, an unsaturated acid type. The main raw materials for oleic acid comprise rapeseed oil, soybean oil, sunflower oil, beef tallow, palm oil, and safflower oil.

As ingredients for personal care items, many chemical esters, involving monostearate, glycerol, isopropyl isostearate, and isostearate, are made from C18H36O2. Therefore, it is an essential element of personal care products like moisturizers, lipsticks, sun protection creams, and hair dyes.

The chemical esters category, on the basis of application, was the largest contributor to the isostearic acid market. Moreover, this category will remain the largest in the years to come. Chemical esters are employed in plasticizers as well as pigment adhesion promoters because of their improved dispersion, low residue formation, and quick absorption.

These factors aid in producing chemical esters a major intermediate material in personal care as well as industrial applications.

As a result, isostearic acid is extensively used in cosmetics, sun protection creams, haircare & baby care products, and liquid soaps. Its oxidation, as well as odor strength, assist in its application in personal care goods needing a greater shelf lifespan.

Europe was the largest contributor to the industry, mainly because of the surging cosmetics demand, coupled with the increasing use of biobased lubricants. In this regard, stringent environmental guidelines to decrease greenhouse gas levels in the environment will positively affect this industry.

APAC is also advancing at a significant pace, because of the increasing need for personal care items, primarily in emerging economies like India, Indonesia, and China. This can be because of the rising per capita disposable salary of the middle class, along with the mounting populace in India and China.

With the surging need for cosmetic and personal care products, the isostearic acid industry will continuously advance in the coming years.

 

Liquid Crystal Polymer Market Will Reach USD 2,360 Million By 2030

In 2022, the global liquid crystal polymer market had a total size of USD 1,313 million, and it is projected to hit USD 2,360 million by 2030, advancing at a rate of 7.60%, during the projection period. This development of the industry can be credited to the rising demand for consumer electronic items, like tablets, smartphones, smartwatches, and personal computers, and the growing sales of lightweight vehicles.

In 2022, thermotropic type had the largest market share, of approximately 80%. This is mainly because it has brilliant thermal properties, displays superior elastic behavior, and has a low thickness. It also has working in diverse electronic items like tablets, laptops, and televisions.

During the projection period, the semiconductor & electronics category is projected to experience the fastest development, growing at a CAGR of 8.2%. This can be credited to the reduction of electronic items, and numerous features of LCPs like essential flame retardance, excellent chemical resistance, and robust strength at dangerous temp. such superior quality properties allow the use of LCPs in diverse electronic item components and parts, such as antenna substrates, chip carriers and housings, and flexible printed circuits.

In 2022, the APAC region dominated the industry, with a share of 62%, and the region is projected to lead the industry in the future as well. This growth can be ascribed to the fast growth of the electronics sector, inexpensive manufacturing abilities, a vast populace base, and technical improvements in the region.

This industry is also projected to be propelled by the rising need for semiconductor and electronic components in consumer devices and appliances, like calculators, watches, appliances, flat panel TVs, laptops, personal desktops, and tablets.

The development in the requirement for liquid crystal polymers is propelled by the acceptance of such polymers in the rising automotive sector. There has been incredible development in the making of automobiles and also the sales in industries such as China, Japan, India, and the U.S.

The worldwide trend in the market is to make vehicles to fulfill the progressively strict fuel economy orders. One of the major solutions to this puzzle is to make lightweight cars. For example, typically, a 10% decrease in vehicle weight can summon an 8.0% enhancement in fuel economy.

In the medicinal industry, MRI has been utilized in medicinal analysis and treatment of soft tissue visualization. However, procedures that need catheterization in MRI utilize X-ray to direct the catheter because of metal catheter components, which are unsuited with MRI. Such X-ray procedures expose patients and clinicians to ionizing radiation. To decrease the radiation impact, properties of LCPs such as autoclaving and high tensile forte are effective and will be capable of substituting catheter metal components.

Exploring the Non-Woven Adhesives Market Trends, Size, Applications, and Growth Prospects

The major drivers in the global non-woven adhesives market are the skyrocketing requirement for these products in the textile sector, growing awareness about better quality products, and surging demand for these adhesives in adult incontinence, baby care, and feminine hygiene applications. The market will grow at a significant pace in the coming years. However, the outbreak of COVID-19 had disrupted several markets and this market was not an exception. Lockdowns were imposed in several economies amid the pandemic rupturing the logistical network of the market owing to the complete or partial manufacturing unit closures.

The swift adoption of technologically advanced devices will provide lucrative opportunities for players to adapt to the existing market dynamics and paradigm shifts in the tastes and preferences of consumers. In addition, the essentialities of any market are purchasing power and demographics.

Moreover, a rising disposable income will exert a push on the purchasing power of the consumer, thus driving the global hygiene products market. Furthermore, technological advances in the hygiene market have resulted in better comfort, thinner cores, enhanced bodily fluid absorption capabilities, and reduced waste generation.

The rising geriatric population on account of a higher life expectancy will boost the non-woven adhesives market growth. This can be credited to a snowballing demand for non-woven hygienic adhesives for adult diapers, especially in the developed nations, including Western European countries, Japan, and the U.S. In fact, in these countries, there is a surging requirement for adult diapers in comparison to baby diapers. Furthermore, the global healthcare business will also drive the market because of the benefits of non-adhesives including sterile dressing, holistic wound protection, and high absorption.

The global non-woven adhesives market is driven by the highly competitive nature of market players in the process of opening lucrative opportunities and gaining a competitive edge. These market players are indulging in technological innovations to retain their position in the market. These include Palmetto Adhesives Company Inc., Cattie Adhesive Solutions LLC, Savare Specialty Adhesives LLC, ADTEK Malaysia Sdn Bhd., Lohmann-Koester GmbH & Co. KG, Beardow Adams (Adhesives) Ltd., Moresco Corporation, Arkema S.A., and H.B. Fuller Company.

 

Insights into the Oxygen-Free Copper Market Trends, Applications, and Growth Opportunities

As we continue to advance in the field of technology and connectivity, material composition is key as it contributes greatly towards set performance indices and overall durability. Remarkably, one of the heroes in this setting is oxygen-free copper (OFC), an extraordinarily pure and conductive material that leads by storm into different sectors.

Let us set sail and discover the inner workings of oxygen-free copper, its production process as well as the numerous fields that take advantage of its outstanding characteristics.

Explaining the Essence of OFC

Basically, oxygen-free copper is a refining process while virtually eliminating most of copper’s composed oxygen content. However, standard copper has inherent levels of trace oxygen associated with it; but the sustained sophisticated refining processes of OFC lowers this concentration to below that level.

This remarkable degree of refinement between OFC and standard copper sets it apart as being one that would provide better conductivity compared to the conventional used for purposes where such a level is necessary.

Purity as the Driving Factor

The striking purity of oxygen-free copper directly implies excellent electrical conductivity. Although copper can be associated with its high conductivity features, these impurities of oxygen are responsible for increasing resistance and poor performance.

OFC does not present these impurities allowing the electrons to advance through with very little resistance leaving signal loss and distortion minimal. This feature enables OFC to be labeled as a leader of materials, used in applications that require the highest levels of conductivity and signal integrity.

Uses in the Audiophile Field

One of the most outstanding venues where OFC’s strengths stand out is in the audio cables and connectors area. Since OFC cables facilitate the precise and unadulterated transmission of audio signals, audiophiles, professionals, or musicians working in the entertainment sector use OFC cables.

While increasing the integrity of sound, low resistance in OFC adds a complex enhancement to it. On the other end of things, in high-end speaker cables and interconnects alike – OFC’S purity factor is now a key point essential to revealing the smallest distinctions within music.

Connectivity Past Sound

Although OFC is essential in the realm of audio, its utilization does not end there; indeed, quite a few other fields are dependent on it. High-speed data transfer cables including HDMI and Ethernet are the applications of OFC that use its excellent conductivity for reliable long-distance signal transmission without deterioration.

However, in sectors where data accuracy is critical like telecommunications and for the data centers OFC becomes insinuating material for network systems making reliable connections required for superior performance.

Different Electronic Usages

Oxygen-free copper goes even further in influencing many electronic components and applications. Related to this, its reliable and consistent electrical assets are also a distinct aspect of why it is used in the manufacturing of transformers, inductors, and other parts very important for electronic equipment.

In Ending This

With the surging demand for OFC from the electronics and the electrical sector, their demand will continue to rise in the years to come.

A Deep Dive into the World of Thin Film Encapsulation

There is no doubt that we are living in the world of science and technology as well as innovation.  The inclusion of innovation and technology has touched all the industries, and also the facets of life. When we talk of the display devices, a lot of development has gone into making the displays more advanced and vibrant in the contemporary scenario, especially the displays of wearable like smartwatches and fitness bands. The most advanced kind of display is the OLED display.

Well, this blog will not have a complete focus on the OLED display or technology, but on TFE or Thin Film Encapsulation, and why is it considered as the most advanced display technology going forward.

Some Insight into the Thin Film Encapsulation Technology

It is very common to see the people wearing smart wearable devices, and this trend will grow stronger ands stronger in the years to come.  With the increase of wearable devices, flexible active-matrix OLEDs are seen as the next-gen display tech. To guarantee protection of flexible devices, conventional encapsulation methods are not appropriate as a result of their characteristic rigidity, and TFE is considered as the most promising tech.

TFE is based on a multi-layer film, formulated of alternating inorganic and organic layers. The inorganic layers are characteristically made of metal oxides and function as the barriers of moisture. These layers are almost tremendously good barriers, but they are mechanically inflexible and brittle. Furthermore, these layers alone would obviously present pinhole defects, that in the long run would let oxygen and water in. In normal TFE structures, organic planarization interlayers are employed, for improving the mechanical properties of the multilayer and to limit the water infusion through the pinholes.

The organic layers are frequently put by ink-jet printing, while or ALD can be used for the deposition of the inorganic layers, usually made of nitrides or oxides. These layers must be put at low temperature, deprived of damaging the OLED stack, which is underneath. If seamlessly integrated, TFE could allow truly lightweight, flexible, devices, entirely on the basis of plastics.

TFE is consequently a very intricate design, where each component has to be physically, chemically, mechanically and optically enhanced, for assuring more than a few years of lifetime to the OLED device, deprived of damages. From the point of view of material design, TFE is tremendously challenging and incessant research is on-going, in order to optimize both the inorganic and organic layers materials and the consistent deposition processes.

Coming to a Close

In the contemporary time, the application areas of the thin film encapsulation have increased, and what’s more it is used in the latest smartphones and smart wearables. Smartphones and smart wearables are owned by almost everyone, and the number is only growing.

These are the main reasons why the demand for thin film encapsulation is on the rise, and it will reach a value of USD 310.4 million by the end of this decade.

Fusing Strength and Innovation: Navigating Trends in the Thermoplastic Polyester Engineering Resins Market

The thermoplastic polyester engineering resins market was USD 3,912.2 million in 2022, and it will touch USD 5,896.6 million, advancing at a 5.4% compound annual growth rate, by 2030.

The growth of the industry is attributed to the increasing utilization of these resins for various nonstructural applications as they can be utilized without filters and are usually tougher and more ductile than thermoset resins. Furthermore, they are extensively accessible to meet domestic requirements and are easy to recycle. The rising need from the automobile and electronic sectors is also propelling the advancement of the industry.

Thermoplastic Polyester Engineering Resins (TPER) Market
Thermoplastic Polyester Engineering Resins (TPER) Market

The polybutylene terephthalate category will advance at a steady rate in the years to come. This is because of the growing requirement for PBT in the electrical and automobile sectors. PBT has unique features, including heat resistance, semi-crystalline, and lightweight, because of which conventional materials including bronze, ceramics, and cast iron in the automotive sector are getting replaced.

In 2022, the automotive category, based on application, led the thermoplastic polyester engineering resins market, with 40% share, and it will remain leading in the years to come. The automotive sector has gained momentum, over the past few years, and key manufacturers of automobiles are utilizing thermoplastic polyester to produce parts of vehicles, which benefits them to lessen the overall weight of the automobiles.

In 2022, APAC dominated the thermoplastic polyester engineering resins industry, with 55% share, and it will remain dominant in the years to come. This is primarily because of the increasing requirement for automobiles and electronics in the continent. The requirement for vehicles is speedily rising in regional nations such as China, India, Indonesia, and Australia.

Therefore, the count of commercial, passenger, and local manufacturing facilities of automobiles is quickly increasing in these nations to meet international and domestic needs.

North America is likely to observe significant growth in the years to come. This is primarily because of the mounting need for recycled plastics, the existence of major players, and the growing emphasis on fuel-efficient vehicles, because of which manufacturers are extensively utilizing TPER to make their automobiles lightweight.

With the mounting utilization of such resins for numerous industrial applications, the thermoplastic polyester engineering resins industry will continue to advance in the years to come.

Advancing Industries with Polyetheramine: Exploring the Global Market

The polyetheramine industry has garnered $1,009.1 million revenue in 2021, and it is projected to rise at the rate of 9.0%, to contribute $2,183.6 billion revenue in 2030. It is led by surging infrastructure development, rising disposable income, increasing R&D expenditure, and growing automotive & transportation, wind energy, and building & renovation industries, led by burst resistance, high durability, fatigue tolerance, and wear & tear resistance.

Epoxy coating category captures the largest industry share, and it is projected to experience faster growth in the coming years. It is led by rising demand for waterborne epoxy coatings, the surging end-use industries, and growing demand for developing nations, such as India and China, including surging infrastructural developments with massive usage of the coatings boost the industry growth.

Moreover, adhesives and sealants hold the largest share of industry revenue. It is attributed to the surging consumption of polyamine-based sealants and adhesives, as they offer a strong, flexible elastomeric, and durable elastomeric bond that seals against elements.

Additionally, the fuel additives category captures the largest industry share in the coming years. The significant consumption of polyetheramine, owing to its application to clean injectors, carburettors, and valves in vehicles, as well as its ability to mitigate poisonous fumes.

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Furthermore, the polyurea category captures the largest industry share. It is ascribed to massive coating applications in various areas, including swimming pools, heavy machinery, vehicles, truck beds, wood structures, decorative elements, and polystyrene sculptures, led by their properties such as protection against corrosion and abrasion damage.

The ongoing developmental projects in the developing countries, led by a burgeoning population, surging individual buying power and increasing FDI, resulting in the growing demand for polyetheramines fuel industry growth.

Therefore rising expansion of the construction sector in emerging countries fuels industry growth.

Exploring the Growing Acetic Anhydride Market and its Wide Range of Applications

The global acetic anhydride market was valued at $3,476.1 million in 2019, and the market size is expected to grow at a CAGR of 2.3% during 2020–2030, ultimately reaching $4,950.4 million.

Based on application, the largest size in the acetic anhydride market in 2019 was attributed to the synthesizers category. This is credited to the high-volume consumption of the chemical to produce cellulose acetate. The demand for cellulose acetate is increasing due to its usage in the automotive and plastics sectors. To meet the surging requirement for cellulose acetate from these sectors, the consumption of the chemical compound in the production of cellulose acetate is predicted to rise.

Acetic Anhydride Market

The APAC region generated the highest revenue in the market in 2019, and this trend will continue during the upcoming years as well. This can be majorly credited to the rising production of cellulose acetate, which requires the compound as a synthesizer. There is rapid growth in the demand for cellulose acetate because of its use in plastic manufacturing. Tows, cigarettes, and textile fibers are widely used throughout the world. Around the world, China is the largest consumer and producer of cigarettes.

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There has been significant growth in the number of geriatric patients worldwide, and it is propelling the advance of the industry. The WHO states that by 2030, 1 in 6 people will be aged 60 years or above. The rise in the aging population is propelling the consumption of painkillers, because of which the demand for the compound is observing a rise. To meet the demand for generic drugs, including aspirin, the consumption of the compound will increase, thus encouraging the growth of the acetic anhydride market globally.

Exploring the Medical Adhesives Market: Uses, Trends, and Market Outlook

While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once.

High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once. High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.

Moreover, adhesives are excellent for skin and suture applications, others are perfect for attaching a wide range of substrate surfaces, such as metals, plastics, and rubbers. Medical-grade adhesives can be divided into one- or two-part epoxy systems, with each having a unique curing response. Medical adhesives are frequently used in applications such as labeling electrodes, implanted devices, catheters, and surgical tools.

The demand for medical adhesives was significantly impacted by COVID-19, particularly in China, the U.S., Spain, Germany, Italy, and other western European nations. Nevertheless, the demand for medical adhesives is benefiting from the surge in demand for personal protective equipment, masks, blood and saline tubes, and syringes.

Due to the rising number of patients needing long-term chronic care therapy, procedures, and drug delivery, there is an increased need for disposable medical equipment, supplies, and other items. The demand for medical devices has increased as a result of healthcare organizations, such as outpatient facilities and hospitals, placing an increased emphasis on infection control and safety measures.

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Advantages Adhesives for Medical Devices

There are several alternatives for pressure-sensitive, non-structural, and structural adhesives available today. There are several benefits to employing adhesives rather than mechanical fasteners.

• For prolonged therapeutic usage, medical adhesives are light, plush, and pleasant enough
• Medical foam tapes are made with strong materials in appealing colors
• In comparison to films and nonwoven tapes, polyethylene foam tape is soft, pleasant, and reasonably priced when applied close to the skin

Adhesives provide extra advantages in the medical sector. Medical adhesives are already built to comply with FDA regulations for labeling, digital tracking, and durability rub testing. In addition, certain adhesives have UL certifications and are approved for use with particular printing processes and inks. These characteristics significantly reduce the amount of guessing involved in choosing materials that meet your needs and industry standards.

Polyester Hot Melt Adhesives Market: Growth, Applications, and Industry Analysis

The polyester hot melt adhesives market is predicted to hit $717,152.6 thousand revenue by 2030, ascribed to the rising requirement in the packaging sector for polyester hot melt adhesives with the increasing consumption in the automobile sector. Moreover, under the application segment, the industrial assembly category captures a massive share of the market, facilitated by the extensive consumption of adhesives for bonding electronic and electrical items in various industries.

APAC has the largest share in the polyester hot melt adhesives market, and it is expected to follow the same trend in this decade, ascribed to the massive consumption of these adhesives for industrial assembly applications such as bonding of automotive parts, electronic and electrical products bonding. Moreover, APAC market is also expected to experience a significant rise in sales in the coming years, due to the soaring requirement for polyester hot melt adhesives in the end-uses industries of developing countries such as India, Thailand, Vietnam, and China. In addition, low-cost labor and raw materials also lure the industrialists to establish their units in the region, creating an opportunity for massive FDI from the West.

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In the past few years, a shift from traditional stitching to hot bonding technology has been witnessed globally, it could be due to rising awareness of the advantages of the usage of hot melt adhesives in the textile industry. The applications of the polyester hot melt adhesives as coatings lead to transforming materials to become water-resistant, hence requiring no sewing. Such features make adhesives convenient for leather, linen, polyester, wool, and several other products’ bonding, resulting in market proliferation.

The increase in adoption of these in packaging due to their temperature resistivity and high stability propels the polyester hot melt adhesives market. The rising customer preference for packaged food, dairy products, fruit juices, and bottled water has bolstered the expansion of the packaged food and beverage industry worldwide, and will fuel the market growth in the coming years.

The increase in consumption of polyester hot melt adhesives is ascribed to the rise in preference for lightweight automobiles, resulting in polyester hot melt adhesives market boom. Moreover, the automobile industry depends on mechanical fasteners such as welds, bolts, and nuts to bond automotive components and parts. The surge in using such accessories results in rising in vehicles’ weight, and hence affects fuel efficiency. Therefore, massive adoption of lightweight vehicles has been witnessed resulting in market proliferation.

In the last few years, the polyester hot melt adhesives market players have entered into strategic agreements to expand their consumer base. For example, Bühnen GmbH & Co. KG partnered with GLS Products LLC in the U.S. to expand the business in North America, in September 2019. The key players in the market are Mitsubishi Chemical Corporation, Sipol S.p.a., Evonik Industries AG, and Bostik S.A.