Polyethylene Furanoate (PEF) Market is expected to deal with 16,640 tons by 2022. It is better known by different names such as polyethylene furanoate, poly (ethylene furanoate), and poly (ethylene 2,5-furandicarboxylate). It can be defined as a polymer that is manufactured with the help of polycondensation involving ethylene glycol and 2,5-furandicarboxylic acid (FDCA). Polyethylene Furanoate market is expected to grow at a CAGR of 6.0% in the upcoming period as the scope, product types and its applications are increasing across the globe.
Polyethylene furanoate (PEF) is generally obtained from plants. It 100% recyclable and included in the category of bio – based polymer. The most striking aspect associated with it is that it has the potential to substitute conventional resources by durable material PET. It is known to possess exceptional barrier as well as mechanical properties as compared to polyethylene terephthalate. It is also likely to emerge as the next generation polyester. Download Full Research Report on "Polyethylene Furanoate (PEF) Market" @ https://www.millioninsights.com/industry-reports/polyethylene-furanoate-pef-market The key reason behind robust market growth of polyethylene furanoate could be growing environmental concerns in order to reduce the greenhouse gas emissions in the surroundings. Also, implementation of strict government regulations toward usage of non-recyclable plastics is estimated to contribute to the market growth. There has been a shift in the trend towards utilization of eco-friendly substitutes, which will soon foster the market growth in the near future. On the other hand, fall in the prices of crude oil and low availability of the raw material may hamper the PEF market growth in the years to come. In addition, the bio-based PRT is a polymer consisting of approximately 30% bio-based MEG and 70% PTA. Rising efforts by numerous corporations to produce PTA using bio based raw resources in order to produce 100% bio-based PET is expected to challenge the development of the marketplace in the years to come. Polyethylene Furanoate Market may be explored by applications, and geography. Polyethylene Furanoate (PEF) may be explored by applications as Bottles, Fibers and fibrous webs, Films, Packaging Product, Others. Fibers sector is estimated to grow at the highest CAGR and will keep on being the highest sector in the Polyethylene furanote over the forecast period. The PEF components are recycled from PEF-based flasks that have been arranged into 100% bio-based T-shirts. These fibers are mainly used as a part of the packing manufacturing products, for example, fertilizers, and cement, pesticides, nevertheless power-driven bundling, they are used in carpets, clothing, and sports apparel. Europe has been at the forefront with regards to Polyethylene Furanoate (PEF) Market and will continue to rule the roost in the years to come. Europe is anticipated to develop at a 7.0% CAGR in terms of volume during the forecast period. The strict government regulations standards and growing demand for maintainable packing is estimated to drive the development of PEF market over the forecast period. Europe is followed by Asia-Pacific region. The development of the sector can be ascribed to growing demand for bio-degradable, sustainable, and profitable packaging material. Healthy development in the carbonated soft drink marketplace is expected to play an essential part in the growth of the regional marketplace. Request a Free Sample Copy of Polyethylene Furanoate (PEF) Market Size Report @ https://www.millioninsights.com/industry-reports/polyethylene-furanoate-pef-market/request-sample Some of the key players that fuel the growth of the Polyethylene Furanoate (PEF) Industry include Toyobo Co., Ltd., SULZER ChemTech, and Avantium Technologies B.V. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour. Market Segment: Polyethylene Furanoate Application Outlook (Volume, Tons; Revenue, USD Thousand, 2016 - 2022) • Bottles • Films • Fibers Polyethylene Furanoate Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2016 - 2022) • North America • U.S. • Europe • Netherlands • Asia Pacific • China • Japan • Rest of the World
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The global membrane separation technology market is expected to grow at a CAGR of 10% from 2016 to 2024. This technology is widely used in wastewater treatment. Deprivation of water quality and Lack of clean drinking water is expected to adversely affect economic and social landscape globally in particular the emerging economies. It has been estimated that around 4 million deaths around the world occur due to inadequate water resource.
Membrane separation is considered are one of the most significant methods used for purification of water. Changing from chemical based treatments to efficient treatments of water is expected to be a major driver since chemicals are perceived as environmental degradation processes associated with high disposal costs. The technology involves separation of materials via minute gaps or pores in the molecular arrangement without including any harmful chemicals. Major processes used for treatment of water include Nano filtration, microfiltration, reverse osmosis and ultrafiltration Implementation of stringent environmental regulations and norms is expected to drive the market growth and thereby increasing the demand for the technology among various industry sectors. Mandatory regulations of environmental standards and government initiatives including Clean Water Act particularly in rural areas with water inadequacy have inclined the demand for water treatment technology, including membrane separation. Growing population and global industrial expansion are boosting the demand for efficient water treatment technology, providing better growth opportunities for the global market. In addition, petroleum and oil industry in countries including Germany, Italy and gulf are expected to drive the global market which involves the use of membrane separation technique for liquid separation. Rising awareness and interest in wastewater and water reuse treatment is expected to boost the global membrane separation market. Growing population in water stressed areas and unhygienic conditions has compelled the governments to initiate these techniques. Therefore, these factors are expected to significantly affect the global market. The report “Membrane Separation Technology Market” is available now at https://www.millioninsights.com/industry-reports/membrane-separation-technology-market High installation and operational cost of the membrane separation technology is expected to be a major restraint for the market growth in emerging economies. Adoption of various other water cleaning methods resulting in improved water quality is also expected to hamper the overall market growth. However, the market has a huge opportunity to grow in the emerging economies owing to technological shift towards chemical-free water treatment processes in various industries. Major benefits of using membrane separation techniques of water over other chemical techniques include efficient use of energy, reduced use of chemicals and relatively less complex operation required after installation in the process. Membrane separation technology processes is primarily used in surface water, wastewater, desalinate seawater, groundwater and demineralize boiler feeder water. Based on the process segment the global market has been segmented into reverse osmosis, Nano filtration, microfiltration and ultrafiltration. Microfiltration is expected to have the largest share of the membrane demand globally owing to its properties to remove particles and microorganisms so that waste-water can be disinfected thereby providing the coarsest separation of any membrane type. Reverse osmosis is expected to witness significant growth rate on account of wide that require the highest purity fluid streams such as chemicals processing, electronics production and and pharmaceuticals. On the basis of end user, the global market is classified into industrial, water & waste water treatment and healthcare. Water and wastewater segment is expected to be the largest in the market. Following the government’s water quality requirements is expected to be one of the main driving factor of industrial wastewater treatment programs. Healthcare and pharmaceuticals segment is expected to witness significant growth rate in the global market owing to treatment of pharmaceutical waste streams by Nano filtration to detoxify them and reduce the volume of waste requiring incineration. Request a Free Sample Copy of Membrane Separation Technology Market Report @ https://www.millioninsights.com/industry-reports/membrane-separation-technology-market/request-sample Europe is expected to be the largest market owing to increased number of applications, awareness and better understanding of the membrane separation technology among people in this region. Asia Pacific is estimated to witness a substantial growth in emerging economies such as China, India Malaysia owing to increasing investments in membrane separation techniques on account of industrialization and water pollution in these regions. Increasing population can also be attributed to the market growth prompting the governments to concentrate more on water treatment process in order to provide safe drinking water to the public. Key players in the global market include TriSep Corporation, 3M Company, Dow Chemical Company, IDE Technologies, GE Water and Process Technologies, Asahi Kasei Corporation and Pall Corporation, Other industry participants include Nitto Denko Corporation, Evoqua Water Technologies, Degremont SA, and GEA Filtration. Water management is becoming an inherent part of planning and development. The municipalities and industries are continuously investing substantial money in membrane separation technology to improve the living standards and healthcare systems, creating more opportunities for water and wastewater treatment equipment technology around the world. Industry Insights:
The global protective coatings market was valued at USD 24.90 billion in 2015. The growth in this market is primarily an outcome of significant consumption in key end-use industries such as construction, oil & gas, and aerospace. The growth in the protective coatings market is expected to be positively impacted by the rise in the aerospace and automotive industries worldwide. The rising demand for passenger cars and the growing air traffic, most notably in emerging regions, are expected to drive the growth of this industry during the forecast period. For further inquiries, about - Global Protective Coatings Industry Analysis, Size, Growth, Trends and Forecast 2014 - 2025, click on this link – https://www.millioninsights.com/industry-reports/protective-coatings-market The product finds major applications in the construction, mining, power generation, aerospace, industrial, and marine industries, among which the construction segment accounted for the largest share in 2015. The growing infrastructure development in emerging countries such as India, Brazil, and China are anticipated to drive the demand for the product during the forecast period. The key restraints for the growth of the industry include the stringent government regulations, especially in the U.S. and European countries, regarding the volatile organic compound (VOC) emissions and increasing cost of raw materials. The rising demand for raw materials in the other end-use segments may negatively impact the growth of the industry during the forecast period. Resin Type Insights In terms resin types, the industry has been segmented into acrylic, epoxy, polyurethane, alkyd, and polyester. The epoxy coatings segment dominated the overall industry revenues in 2015, accounting for revenues of over USD 9 billion. The growing demand for high operational efficiency in key application verticals can be considered the primary factor driving the product growth. The alkyd resins segment is expected to observe a significant growth during the forecast period, driven by the growing application scope in segments such as automotive, construction, and oil & gas. Product Insights In terms of products, the industry has been categorized into water-borne, powder-based, and solvent-borne. In 2015, the solvent-borne segment accounted for revenues of nearly USD 8.5 billion, thereby dominating the overall industry revenue. However, this segment is anticipated to observe slow growth during the forecast years owing to strict government regulations on the use of solvent-based compounds with high VOC content. Water-borne coatings is another key segment, which is expected to experience the highest revenue growth of nearly 11% during the forecast period. Increasing demand for environmental-friendly products from key end-use verticals is slated to drive the segment growth. Request a Free Sample Copy of Protective Coatings Market Report @ https://www.millioninsights.com/industry-reports/protective-coatings-market/request-sample End-use Insights The industry has been segmented into construction, oil & gas, aerospace, mining, industrial, power generation, automotive, marine, and others, on the basis of end use. The construction segment dominated the overall industry, accounting for revenues of over USD 5 billion in 2015. This dominance and future growth of this segment can be attributed to rising infrastructure development activities and investments in emerging countries of Asia Pacific and Central & South America. The growth of the aerospace and oil & gas segments is also expected to drive the demand for protective coatings during the forecast period, projected to grow at a CAGR of nearly 11%. This can be attributed to the increasing demand for the products in thermal barrier and surface protection applications, in the aforementioned industries, which witness high-temperature operations. Regional Insights The Asia Pacific accounted for a major share of the overall industry in 2015, having recorded revenues of over USD 18 billion. This regional industry segment is expected to continue its dominance in the coming years, as a result of the presence of numerous manufacturers, easy availability of raw materials, rising construction initiatives being taken by governments, and low production costs. China is expected to be among the highest growing markets for the product worldwide during the forecast period, projected to grow at a CAGR of nearly 10%. The European region is expected to observe slow growth in the protective coatings industry, primarily owing to the political and economic instabilities in the region. The industry in Russia has been witnessing a significant boost in the construction sector, which is expected to offer high growth potential to product manufacturers in the region during the forecast period. Competitive Insights The protective coatings industry is highly competitive, with key manufacturers spread worldwide. The key global players in this industry include Wacker Chemie AG, BASF SE, AkzoNobel NV, The Sherwin-Williams Co., and PPG Industries. These players have adopted strategies such as capacity expansion and new product developments to gain a competitive edge over competitors in the global industry. The aforementioned global companies are, however, faced with significant competition from Chinese manufacturers. The significant positions of these Chinese players can be attributed to the low production costs, easy availability of raw materials, and rapid growth of the end-use verticals in the region. Protective Coatings Market Segment: Resin Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025) • Acrylic • Epoxy • Polyurethane • Alkyd • Polyester • Others Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025) • Solvent-borne • Water-borne • Powder-based • Others End Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025) • Construction • Oil & Gas • Aerospace • Industrial • Marine • Automotive • Power Generation • Mining • Others Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025) • North America • U.S. • Europe • Russia • Germany • Asia Pacific • China • India • Japan • Central & South America • Brazil • Middle East & Africa • Saudi Arabia |
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