Liquid Silicone Rubber (LSR) Market Size & Share | Forecast Report 2035. APAC Market Forecast The liquid silicone rubber market in Asia Pacific is poised to garner the highest share of about 30% over the forecast period, backed by growing demand for automotive. As per predictions, approximately 36 million passenger automobiles were sold in the Asia-Pacific area in 2022, including the Middle East, with approximately 22 million of the majority of sales occurring in China.
LSR gaskets, valves, O-rings, grommets, sealed connectors, single wire seals, and various other molded automotive parts that must adhere to strict standards and specifications are necessary for high-performance automotive. Hence, with the growing demand for automobiles, the market demand in this region is also growing. European Market Analysis The liquid silicone rubber market in Europe is also slated to have significant growth by the end of 2035.
The region's silicone rubber market is predicted to expand as demand for eco-friendly building materials increases. Liquid Termiticides Market Statistics | Forecast Report 2035. North American Market Forecast The liquid termiticides market in North America is projected to be the largest with a share of about 36% by the end of 2035. The growth of the market can be attributed majorly to the construction activities in the region. The construction industry in 2020 was estimated to reach more than USD 1 trillion in the U.S. The growing hospitals, and healthcare sector constructions are estimated to drive market growth during the forecast period. The healthcare expenditure of the U.S. in 2021 was estimated to increase to USD 4 trillion with a growth of 3%.
Moreover, termites are very common in the United States, which is further estimated to boost market growth. APAC Market Statistics The Asia Pacific liquid termiticides market is estimated to be the second largest, registering a share of about ~25% by the end of 2035. Moreover, the growing population in the countries, including, India, China, and Japan, is also projected to boost the market growth. Tin Fluoborate Market Statistics, Growth Analysis 2023-2035. APAC Market Forecast The tin fluoborate market in the Asia Pacific region is estimated to gain the largest market share of 42% over the forecast period. This is attributed to the presence of major automobile manufacturing companies in the countries, such as Japan, India, China, and South Korea. These countries are a few of the biggest producers of automobiles and electronics in the world. As per the statistics by IEA, Japan, and India together registered sales of 8 million cars in 2019, whereas China alone saw the sale of 25 million cars in the same year.
North American Market Statistics The tin fluoborate market in the North America is anticipated to account for the second-largest share of 30% in the forecast period. Moreover, the advancing healthcare sector in the United States is another major growth factor for the regional market. re is anticipated to boost the growth of the market in this region. Immune Repertoire Sequencing Market Size & Share, Growth Trends 2035. North American Market Forecast The immune repertoire sequencing market in North America is projected to occupy the largest share over the period between 2023 – 2035. This can be ascribed to the high health spending, and strong presence of market players in the region, especially in the United States and Canada.
According to the Centers for Medicare & Medicaid Services (CMS), health spending in the United States grew by 9.7% in 2020, reaching a value of USD 4.1 trillion, or USD 12,530 per person. The market is also anticipated to grow with escalating demand for immunotherapy for cancer and other infectious diseases. APAC Market Statistics The immune repertoire sequencing market in the Asia Pacific region is estimated to observe noteworthy market demand throughout the estimated period.
This can be attributed on the back of the increasing number of international collaborations for immune repertoire sequencing in the region. Intermediates for Paints & Coatings Market Size, Growth Forecasts 2035. APAC Market Statistics Intermediates for the paints & coatings market in Asia Pacific are predicted to account for the largest gain of 38 % during the forecasted period.
The market growth in the region is impelled by rising urbanization in the region. For instance, as more and more people are shifting towards urban areas, the need for houses and other commercial buildings has increased in the region. This has led to a rise in demand for intermediates for the paints & coatings since these projects widely utilize paints and coatings for various purposes.
North American Market Forecast North America intermediates for the paints & coatings market are estimated to hold a tremendous share, between 2023 and 2035. UV Stabilizers Market Size & Share, Growth Forecasts 2035. APAC Market Forecast The UV stabilizers market in Asia Pacific is poised to witness the highest share of 35% during the forecast timeframe. This can be ascribed on the back of the growing polymer and plastics industry in developing countries, especially China, and India.
Furthermore, owing to its tropical location, the APAC region experiences sunshine all year, exposing it to more dangerous UV rays. This is another major factor behind the rising demand for UV stabilizers in the region. Along with this, the growth in the food and beverage industry is projected to boost the market expansion as UV stabilizers are used in food packaging to protect it from UV rays and can store and transport it in the long term.
Annually, India put away 20 billion food & beverage packages. By 2030, the country is expected to consume around 50 billion packages, with an 8% growth rate for beverage packaging and packaging would be containing UV stabilizers. North American Market Statistics. Self-Leveling Concrete Market Size & Share, Growth Analysis 2035. Asia Pacific Market Statistics Self-leveling concrete market in Asia Pacific, is predicted to account for the largest gain of 37 % by the end of 2035. The market growth in the region is impelled by rising smart city initiatives. For instance, smart city initiatives are leading to increased infrastructure development in the region which results in growing demand for self-leveling concrete to create smooth floors required to support the installation of smart sensors, and other devices.
Within India's smart cities mission effort, about two thousand projects totaling over USD 4 billion were completed by 2020. According to the Indian Brand Equity Foundation (IBEF), the total allocated investments for the Smart City Mission in 2020 was reported over USD 28 billion. Also, more than 85% of the entire projects worth USD 24 billion have been offered by the same year. European Market Forecast. Electronic Grade Hydrogen Peroxide Market Size Forecasts 2023-2035.
Real-time Payments Market Size & Share, Growth Trends 2035. Real-Time Payments Market size is expected to cross USD 620 billion by the end of 2035, growing at a CAGR of 31% during the forecast period i.e., 2023 – 2035. In the year 2022, the industry size of real-time payments was USD 24 billion in the year 2022. The growth of this market can be attributed to the increasing adoption of real-time payments trends in numerous industries. With companies and government getting aware of the advantages and benefits of this payments system the demand for this market is expected to rise in the projection period.
As per recently published data, over 70 countries in six continents promote the real-time payments system with growth in transaction volume of USD 193 billion in the year 2022 registering a year-on-year growth of 63%. Additionally, increasing penetration of mobile devices and escalating online shopping trends is predicted to majorly drive the growth of the real-time payments market.
Wood Plastic Composites Market Size & Share, Growth Forecasts 2035. Wood Plastic Composites Market size is anticipated to cross USD 20 billion by the end of 2035, growing at a CAGR of about 13% through the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of wood plastic composites was approximately USD 7 billion. The major factor to boost the market expansion is the growing demand for natural fiber-reinforced composites owing to the scarcity of forests.
In accordance with estimates, the use of natural fiber-reinforced composites is anticipated to increase from about 11% in 2010 to approximately 17% and 24%, respectively, by 2020 and 2030, considering the worldwide dilemma of depleting forests and fossil fuel supplies. Hence, the market demand is on the rise. One of the most important natural fiber-reinforced composites is considered to be wood plastic composites. Polyurethane Foam Market Size, Growth Forecasts 2035.
Polyurethane Foam Market size is poised to cross USD 100 billion by the end of 2035, growing at a CAGR of approximately 8% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of polyurethane foam was USD 47 billion. This growth of the sector is anticipated to be influenced by the growth in construction activities. Around the world, there were reportedly about 794,431 built-up areas (BUAs) in 2016. By 2022, this number is projected to rise to approximately 849,406 residents. Moreover, about 2 million buildings are expected to be constructed by 2050. Hence, the market for polyurethane foam is anticipated to increase since it is utilized in insulating walls of buildings during construction with low-density rigid polyurethane.
Additionally, the prevalence of global warming is also on surge all around the globe. Reverse Osmosis (RO) Membrane Market Size | Growth Forecasts 2035. Reverse Osmosis Membrane Market size is poised to reach USD 11 billion by the end of 2035, witnessing around 11% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of reverse osmosis membrane was approximately USD 4 billion. The major factor driving the market growth is the growth in disease spread through water. According to the World Health Organization, around the world, at least 2 billion people consume water that has been tainted with excrement. Also, as a result of unhygienic drinking water, poor sanitation, and poor hand hygiene, it is estimated that 829 000 people every year pass away from diarrhea.
Water may contain naturally dangerous components such as bacteria, viruses, compounds, and heavy metals, which can have a substantial detrimental impact on one's health. Masterbatch Market Size & Share, Global Forecast Report 2035. APAC Market Forecast The Asia Pacific masterbatch market is projected to hold the largest market share and grow with a CAGR of 6.05% over the analysis period. The market is also growing faster due to numerous factors such as the surge in population, easy availability of raw materials, rising adoption of innovative technologies, and low cost of labor. For instance, according to World Bank statistics, the population of the South Asia region rose from 1.68 billion in 2011 to 1.9 billion in 2021.
Furthermore, key market players are aggressively expanding their operations to support the market demand across the globe. For instance, in February 2021, Avient Corporation completed the expansion of existing production capabilities at its Binh Duong site in Vietnam for color concentrates. European Market Statistics The growth of the masterbatch market is poised to show notable revenue in the upcoming years.
Secondary Aluminum Alloy Market Size & Share, Growth Forecasts 2035. APAC Market Forecast The Asia-Pacific secondary aluminum alloy market is expected to hold the larger share with a revenue of USD 108.36 billion by the end of 2035. The Asia-Pacific region is further expected to showcase exponential growth over the forecast period of 2023-2035 by registering a CAGR of 5.82%. Significant factors, including the rising focus on sustainable and eco-friendly practices, are catering to the region’s market growth. Besides, the Asia-Pacific region is also growing at a rapid pace, with countries such as China, India, Japan, and South Korea being major producers and consumers of these alloys. Moreover, companies are also investing significantly in secondary aluminum alloys, which is also expected to create a positive impact on the market in the upcoming years. Middle East & Africa Statistics Over the forecast period, the Middle East & Africa secondary aluminum alloy market is projected to expand at a CAGR of 5.49%.
Tire Material Market Size & Share, Forecast Report 2035. APAC Market Analysis The tire material market in the Asia Pacific is estimated to grab the largest gain of around USD 2.4 Billion over the forecast period. Asia Pacific region consists of the region such as China that are world's largest tire producer, accounting for about one-third of global production. Additionally, India is one of the largest tire producers in the region, with numerous domestic and international players such as MRF, JK Tires, CEAT, Michelin, Pirelli, and Apollo Tires. Moreover, the companies in the region are moving towards eco-friendly and sustainable products which are set to boost the market further.
For instance, Bridgestone a Japanese tire manufacturer introduced its latest eco-friendly range of tires under the brand name Ecopia – EP850 for SUVs and EP150 for passenger vehicles. North American Market Statistics. Recycled Carbon Market Size & Share, Forecast Report 2036. Recycled Carbon Market size is anticipated to reach USD 552 Million by the end of 2036, growing at a CAGR of 15% during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of recycled carbon was over USD 140 Million. The growing government policies and regulations to encourage the use of carbon-recycled materials are also expected to add to the market growth.
The Ministry of Mines and the Ministry of Steel have released recycling frameworks as part of the Sustainable Development Goals (SDG) 2030 program, which aims to grow the recycling sector using cutting-edge technologies to achieve resource efficiency and carbon neutrality. In addition, the market growth can be further accredited to the expansion of the automotive sector. For instance, around 68.21% of all motor vehicle sales worldwide were passenger automobiles, accounting for the greatest sales percentage. Waterproofing Membranes Market Size & Share, Global Forecast Report 2035. Nafion Market Size - Global Forecast Report 2035. Third-party Optical Transceivers Market Size & Share, Forecast Report 2035. Industrial Cleaning Chemicals Market Size, Global Forecast Report 2035. Commercial Aircraft AfterMarket Size & Share, Forecast Report 2035.
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