Marine Composites Market Worth $5.29 Billion By 2025

The global marine composites market size is anticipated to reach USD 5.29 billion by 2025, registering a 5.0% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. The market is anticipated to be driven growing demand for corrosion resistant, high strength, and light weight parts in shipbuilding industry.

Composites materials have the potential to reduce maintenance and fabrication costs, enhance aesthetic appeal, increase reliability, and reduce the component weight. The market for marine Composites is highly influenced by rising demand for fuel efficient and high-speed power boats which is projected to boost the market demand over the forecast period.

Based on Composites, polymer matrix Composites is expected to dominate the market over the forecast period owing to the high strength, excellent corrosion resistance, light weight, and impact resistance, which makes it more suitable to use in marine industry. Ceramic matrix Composites is expected to be the fastest growing segment during the forecast period.

Demand for marine Composites is cruise ships are expected to witness substantial growth over the forecast period. The segment is expected to register a CAGR of 4.4% from 2019 to 2025. Power boat is expected to be the second largest vessel type segment accounting for 18.4% of revenue share in the marine composites market. Increasing demand for lightweight, high strength, impact resistance material in power boats expected to boost demand for marine Composites over the forecast period.

In terms of revenue, Asia Pacific expected to have highest demand for marine Composites owing to the increasing demand for recreational boats in China, India, South Korea, and Japan. In 2018, the region is expected to account for 39.0% of the overall market share. Europe was the second largest market and expected to grow with a CAGR of 3.26% over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/marine-composites-market

Further key findings from the report suggest:

Ceramic matrix Composites projected to grow significantly, registering a CAGR of 5.5% over the forecast period, while polymer matrix Composites is anticipated to dominate the market
The demand for carbon fiber polymer matrix Composites expected to be valued at USD 796.3 million in 2018 owing to the high-performance characteristics of the materials including lightweight and high strength
Power boat is anticipated to be one of the largest vessel type segment and is expected to register a CAGR of 3.8% for 2019 to 2025 owing to the increasing demand in commercial and hospitality industry
China marine composites market was anticipated to be valued at USD 321.4 million in 2018. Growing power boats and recreational boat industry expected to drive the market
Market players are striving to reduce the cost of the Composites by reducing the cost of material to increase their adoption in the marine application such as ships and powerboats

Fiberglass Fabric Market Worth $14.93 Billion By 2025

The global fiberglass fabric market size is expected to reach USD 14.93 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.1% during the forecast period. Rising penetration of the product in the electronics industry for manufacturing of printed circuit boards (PCB) is expected to drive the market.

Fiberglass wind turbine blades are constructed using stranded E-glass and S-glass fabrics stitched together and impregnated with vinyl ester, polyester, or epoxy matrix. These composites offer high strength for manufacturing lightweight and efficient rotor blades for large wind turbines maintaining cost efficiency.

The product offer superior properties such as high electric insulation, tensile strength, and corrosion and chemical resistance. Increasing R&D to improve product performance, wrapping, weaving, cleaning, and finishing to offer different weave patterns suitable for industry-specific applications are poised to work in favor of the market.

The glass fiber production technology and unique post-processing systems have a significant impact on quality of manufactured fiberglass fabric. Innovation and development of new technologies to obtain superior product quality for high-tech aerospace & defense and electronics industry applications have tremendous impact on competitive environment.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fiberglass-fabric-market

Further key findings from the report suggest:

The E-glass segment accounted for over 80.0% of the revenue share in 2017 on account of superior physical and mechanical properties such as high strength and stiffness and high temperature, flame and heat resistance
The nonwoven fiberglass fabrics segment is anticipated to register a CAGR of 6.3% in terms of revenue from 2017 to 2025 owing to its advantages over woven such as increased impact resistance, thermal insulation, and liquid repelling ability
The application of fiberglass fabric in the construction industry accounted for 25.8% of the revenue share in 2017 on account of its increasing demand in the construction industry to mask cracks and improve integrity of walls and ceiling
Fiberglass fabric in wind energy application is anticipated to register a CAGR of 7.3% in terms of revenue during the forecast period owing to its electrical insulation and lightweight characteristics, which aids in improving efficiency of wind turbines and their energy output
The industry in Central & South America is expected to register a growth of 7.3% owing to rising demand for the product in application industries including automotive, aerospace & defense, and electrical & electronics
Major players in the industry focus on research & development activities to identify new market opportunities and product development on the basis of requirements from the application industries

Dental Biomaterials Market Size Worth $12.3 Billion By 2027

The global dental biomaterials market size is expected to reach USD 12.3 billion by 2027, expanding at a CAGR of 6.2%, according to a new report by Grand View Research, Inc. Rising prevalence of tooth disorder is one of the major factors contributing to market growth. Dental biomaterials include biocompatible synthetic materials and natural tissues to restore tooth decay, damage, and fractures problems. As the geriatric population worldwide affected by tooth decay is huge despite significant advances in tooth restoration and caries prevention, the rising incidence of tooth disorder continues to pose a considerable burden to healthcare. In such cases, biological materials play an important role in the restoration of the damaged tooth structure.

Also, increasing dental tourism and rising disposable income in developing countries are some of the major factors responsible for market growth during the assessment period. Further, due to the rising penetration of tooth implants, various companies are shifting their focus on research and development of dental biological materials. Also, the growing geriatric population and development in the field are some of the major factors contributing to the growth of the market.

North America dominated the market and accounted for about 36.0% of the market share in 2019. Growing government expenditure on oral health and increasing adoption of dental biological materials to produce implants is expected to be one of the major factors contributing to market growth in this region.

Whereas, Asia Pacific is anticipated to witness rapid growth during the forecast period due to improved regulatory framework, and an increase in the number of hospitals and clinics dealing in tooth disorders. This can be attributed to increased opportunities for players, especially in Japan, China, and India.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dental-biomaterials-market

Further key findings from the study suggest:

The ceramic biomaterial segment dominated the market with revenue share of 36.0% in 2019 due to the rising penetration of tooth implants and the increasing use of ceramic biological material in dentistry
The composite biomaterials segment is anticipated to witness the highest CAGR of 6.7% over the forecast period due to recent technological development
North America dominated the market in 2019. Growing government expenditure on oral health is one of the major factors driving the market in the region
In Asia Pacific, the market is projected to witness the fastest growth during the forecast period owing to the increasing incidence of tooth disorder in the region.

Thermal Spray Coatings Market Size Worth $13.6 Billion By 2027

The global thermal spray coatings market size is expected to reach USD 13.6 billion by 2027, expanding at a CAGR of 3.9%, according to a new report by Grand View Research, Inc. Increasing demand from the aerospace, industrial gas turbines, and a few other application industries is expected to propel market growth. Moreover, the growing demand for corrosion-resistant coatings from these sectors is expected to be a key driver for the market.

Thermal spraying is used to improve or restore the surface of a solid material. It can also be used for applying coatings to a wide range of components and materials for better resistance against cavitation, wear, abrasion erosion, and heat. In addition, it is used for providing insulation or electrical conductivity, chemical resistance, lubricity, sacrificial wear, high or low friction, and several other properties to the coated surfaces. These coatings have the high-potential market opportunities on account of their properties, such as biocompatibility, cavitation resistance, and aesthetic appeal. Increasing oil and gas exploration activities, particularly in the Asia Pacific, coupled with upcoming shale gas explorations across the globe are expected to fuel the demand further. There are several regulations governing the market.

These regulatory standards define thermal-spray processes for machinery element repair of ferrous and non-ferrous substrates. Medical is expected to be the fastest-growing application segment on account of increasing application scope of thermal spray coatings in the biomedical sector. These coatings help extend the shelf life and improve the performance of dental implants and orthopedic implants. The advantages of using such coatings in the biomedical sector include superior wear and corrosion resistance and bone bond enhancement. Asia Pacific is expected to be the fastest-growing regional market on account of increasing vehicle production along with rapid economic growth in China, India, and Japan, Indonesia, South Korea, and Thailand.

Further, the recent outbreak of COVID-19 has disrupted supply chains and sharply curtailed product demand. Restriction in transportation and supply due to slowdown or halting of factories and partial or nationwide lockdowns in several countries in order to restrain the spread of the pandemic is expected to negatively impact market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/thermal-spray-coatings-market

Further key findings from the report suggest:

Aerospace application segment led the market accounting for a revenue share of 32.3% in 2019 and is projected to maintain its dominance during the forecast period
In the U.S., the market is anticipated to reach USD 3.8 billion by 2027 owing to the presence of key manufacturers and suppliers in the country
The market is highly competitive in nature with the presence of a number of global medium- and small-scale companies
Key companies engage in strategies, such as mergers and acquisitions and product development, to expand their market reach and product portfolio

U.S. Contract Glazing Market Worth $11.5 Billion By 2027

The U.S. contract glazing market size is anticipated to reach USD 11.5 billion by 2027, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. The growth in the commercial sector along with the increasing road accidents is anticipated to fuel the demand for contract glazing in the U.S.

Construction industry is the largest end user for contract glazing where the applications are spread across a wide range including both exterior and interior of the buildings. Exterior systems include curtain walls, storefronts, structural glass systems, sunshades, and panels, whereas the interior systems include doors and windows, mirrors, shower partitions, tabletops, bathtubs, and staircase railings.

According to the American Architectural Manufacturers Association (AAMA), storefront is the leading product over commercial windows and curtain walls for new construction and total non-residential buildings. With the increasing small-scale and large-scale buildings along with changing residential installation standards, glaziers are focusing on manufacturing storefronts and curtain wall systems that meet various requirements of regulatory bodies and consumers.

In the automotive aftermarket, flat glasses are widely used to repair and replace windshields, backlights, and mirrors. The Motor & Equipment Manufacturers Association (MEMA), a trade association for motor vehicle and mobility suppliers and parts manufacturers and remanufacturers in U.S., maintained and repaired more than 256 million vehicles, by April 2019. Thus, increasing construction activities, coupled with growing automotive aftermarket services, is anticipated to boost the demand for flat glasses in the country in near future.

Strategic partnerships and new product developments are popular strategies adopted by a majority of the players operating in the market for contract glazing. Key players including Benson Industries, Inc., Enclos Corp., and Harmon, Inc. are among the few vertically integrated from designing and engineering to fabrication and installation of curtain wall facade systems.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-contract-glazing-market

Further key findings from the report suggest:

Insulated segment is expected to register the fastest CAGR of 4.9%, in terms of revenue, during the forecast period owing to increasing construction of hotels and office buildings in U.S.
Automotive accounted for a volume share of over 4% in 2019 considering the growing number of road accidents in U.S. leading to replacement of vehicle parts such as windshields and windows
Southeast U.S. held the largest volume share of over 25% in 2019, on account of the growth in the construction activities followed by high number of accidents in Florida, Kentucky, Alabama, and South Carolina
Tempered accounted for a volume share of 24.1% of the flat glass segment in 2019, considering its safety characteristics leading to its applications in the interior and exterior of buildings along with automotive aftermarket
The market is fragmented in nature with the presence of various key players such as Parmasteelisa North America; Enclos Corp; Benson Industries; Harmon Inc.; Gamma North America; and Binswanger Glass. Increasing customer base by opening new locations across the country is one of the strategic initiatives adopted by the key players

Dental Biomaterials Market Size Worth $12.3 Billion By 2027

Whereas, Asia Pacific is anticipated to witness rapid growth during the forecast period due to improved regulatory framework, and an increase in the number of hospitals and clinics dealing in tooth disorders.This can be attributed to increased opportunities for players, especially in Japan, China, and India.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dental-biomaterials-market

Further key findings from the report suggest:

The ceramic biomaterial segment dominated the market with revenue share of 36.0% in 2019 due to the rising penetration of tooth implants and the increasing use of ceramic biological material in dentistry
The composite biomaterials segment is anticipated to witness the highest CAGR of 6.7% over the forecast period due to recent technological development
North America dominated the market in 2019. Growing government expenditure on oral health is one of the major factors driving the market in the region
In Asia Pacific, the market is projected to witness the fastest growth during the forecast period owing to the increasing incidence of tooth disorder in the region.