Polymer Chameleons Market Would Beat $1.64 billion By 2025: Grand View Research, Inc.

The global polymer chameleon market is expected to reach USD 1.64 billion by 2025, according to a new report by Grand View Research, Inc. Growing utilization of bio-engineered polymeric materials that offers high efficiency and durability in manufacturing advanced hi-tech end-user products is projected to boost market demand over the forecast period.

Polymer chameleon is high-performance polymers showing environment-dependent characteristics. They react to external stimuli such as temperature, pH, light; biological molecules, electric & magnetic field, ionic components, and undergo reversible physical & chemical alterations in response.

U.S. polymer chameleons market revenue, by product, 2014-2025, (USD Million)

These polymers discover promising applications in many verticals of the molecular and biomedical areas such as cell culture support systems, actuators systems, bio-separation devices, sensors, and textile engineering frameworks. The appearance of drug delivery system to regulate controlled drug-delivery with a narrow remedial window and short half-life will further fuel the market growth shortly.

Growing disposable income, high demand for low fuel combustion & light-weight vehicles and strict implementation of regulations by the governing bodies such as EPA and EU has led to increasing demand for engineered polymeric products. North America occupied the largest market share in 2016 due to the presence of subsidiaries of a vast number of multinational polymer manufacturing players in the region.

Companies such as Akzo Nobel N.V., Evonik Industries AG, BASF SE, and E. I. du Pont de Nemours and Company have adopted expansion strategies to increase their presence in the market. Most of the companies have invested in R&D amenities to discover advanced and innovative special trading nylons & monomers that are eco-friendly, and extremely sensitive to surrounding with less utilization of expensive & harmful raw materials.

Browse full research report on Polymer Chameleons Market: www.grandviewresearch.com/industry-analysis/polymer-chameleons-market 

                                                                                                          

Further Key Findings From the Study Suggest:

• Smart drug delivery systems & implants broadly prefer utilizing polymer chameleon products due to increasing expansion of application scope in many fields including implants, pharmaceuticals, medicinal diagnostics, and treatments
• Shape memory polymers are expected to witness the fastest growth over the forecast period. The segment is expected to grow at a CAGR of 21.3% by 2025.
• Asia Pacific is projected to increase at the highest CAGR of over 21% on account of the growing demand for shape memory products to manufacture automobile components and thermo-responsive polymers to produce advanced medical and textile engineered products. High demand is witnessed from China, Japan, and India.
• Major companies identified in this industry include Akzo Nobel N.V., Evonik Industries AG, BASF SE, E. I. du Pont de Nemours and Company among others.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers        

                                                                                                

Grand View Research has segmented the polymer chameleon market on the basis of product, application, and region:

Global Polymer Chameleon Product Outlook (Revenue, USD Million, 2014 - 2025)

• Thermo-Responsive polymers
• Photo-Responsive polymers
• Shape Memory polymers
• Electroactive & Magnetically-Responsive polymers
• pH-Responsive polymers
• Enzyme-Responsive polymers
• Self healing polymers
• Others

Global Polymer Chameleon Application Outlook (Revenue, USD Million, 2014 - 2025)

• A Smart Drug Delivery System & Implants
• Bioseparation
• Textile engineering
• Automotive & transportation
• Others

Global Polymer Chameleon Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Netherlands
• France
• Asia Pacific
• China
• Japan
• Australia & New Zealand
• India
• Central & South America
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-polymer-chameleons-market 

                                                               

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Polyester Staple Fiber Market Driven By Rising demand for sustainable textiles Till 2025: Grand View Research, Inc.

The global polyester staple fiber market is expected to reach USD 39.3 billion by 2025, growing at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing consciousness regarding the environment and cheaper price of PSF as compared to that of cotton have increased the utilization of PSF in the global market.

Polyester staple fiber is lightweight, wrinkle-free, and resistant to light and weather. It also has an ability to withstand extreme climatic conditions. It is used as a key element in various end-use sectors, including apparel, home furnishing, construction, and automotive, which is expected to drive market growth over the forecast period. Rising product demand, owing to its long-term effectiveness, high elastic resilience, tenacity, and eco-friendly nature of PSF, is also expected to boost market growth over the next eight years.

Solid PSF was the largest product segment in 2016 and is expected to witness a promising growth rate over the forecast period. Hollow product segment is anticipated to observe a low growth rate by 2025. In terms of revenue, apparel application segment is anticipated to observe the fastest growth over the next eight years at a CAGR of 6.7% from 2017 to 2025. PSF is instrumental in improving the overall quality at a lower price than its alternatives, which is expected to drive its demand. Increasing product usage in Asia Pacific owing to its rising utilization in textile manufacturing industry is also expected to boost demand over the forecast period.

Browse full research report on Polyester Staple Fiber Market: www.grandviewresearch.com/industry-analysis/polyester-staple-fiber-psf-market                                                                                           

Further key findings from the report suggest:

• The global demand for polyester staple fiber was 15,519.7 kilotons in 2016 and is estimated to ascend at a CAGR of 4.7% from 2017 to 2025. Asia Pacific dominated the global market in 2016, followed by Europe. Emerging economies such as China, India, and Brazil are predicted to lead their respective regional markets over the forecast period.
• In terms of product, solid PSF emerged as the largest segment in 2016. Increasing popularity of sustainable man-made fibers coupled with reducing consumption of cotton in textile industry is likely to drive the market over the forecast period.
• In terms of revenue, virgin PSF emerged as the largest origin market segment in 2016 and is estimated to generate a revenue of over USD 16,451.9 million by 2025. Recycled PSF is estimated to witness promising market growth over the forecast period owing to rising environmental consciousness across the globe.
• Asia Pacific polyester fiber market is projected to witness substantial growth over the next decade owing to various developments, especially in textile industry, across major economies. In terms of revenue, the regional market is expected to progress at a CAGR of 6.7% from 2017 to 2025.
• Key market players include Toray Chemical Korea Inc., W. Barnet Gmbh & Co. KG, Alpek S.A.B. de C.V., Reliance Industries Limited, Diyou Fibre (M) Sdn Bhd., Huvis Corporation, Indorama Corporation, Xinda Corp., China National Petroleum Corporation, Bombay Dyeing, Petrovietnam Petrochemical, and Textile Fiber Joint Stock Company. These companies attempt to increase their market shares and expand their global presence through strategic initiatives such as expansions, investments, acquisitions, and new product developments. 

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals 

                                                                                       

Grand View Research has segmented the global polyester staple fiber market on the basis of product, origin, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Solid
• Hollow

Origin Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Virgin
• Recycled
• Blended

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Automotive
• Home Furnishing
• Apparel
• Filtration
• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• South Korea
• Central & South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-polyester-staple-fiber-psf-market        

                                         

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com