Acid proof linings have gained traction owing to its extensive use in several applications across many industries. It can thwart cases of industrial failures caused by corrosive damages. Acid-resistant linings protect equipment in processing plants from chemical attack by aggressive media, such as acids, bases, saline solutions or water vapour. They simultaneously offer reliable protection against mechanical stresses. In addition, acid proof linings offer durability, which accentuates its demand across several industry verticals.
Resistance to thermal shock resistance is a key criteria for selection of acid proof linings. During transportation of abrasive materials, the inner surfaces of pipes or other conveyor utilities get damaged. In such cases, sudden temperature fluctuations can further complicate things by causing undue mechanical stress on the objects being transported. Lining materials that prevent these objects from experiencing excessive strains, which may even cause cracks in their form, are adopted for making these pipes shock-proof.
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In 2017, the sales of thermoplastic linings accounted for over 60% of revenues procured in the global acid proof lining market. Thermoplastic linings are projected to hold the largest contribution to global revenues, and will also see the fastest sales growth over the forecast period. In 2019, the market size of Acid Proof Lining is 4070 million US$ and it will reach 5920 million US$ in 2025, growing at a CAGR of 4.8% from 2019
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Global Metallic Stearate Market is expected to reach USD 4.84 billion by 2025. Metallic Stearate are the compounds of long-chain fatty acids with metals of dissimilar valency’s and is formed by saponification reaction of stearic acid and calcium base. Some metallic stearates are not soluble in water.
The Metallic Stearate Market is estimated to grow at a significant CAGR of 5.4% over the future period as the scope and its applications are rising enormously across the globe.
High demand from cosmetics & pharmaceutical manufacturers and growing demand for polyvinyl chloride and various other polymers like polyolefin, phenolic resins, and polystyrene that use metallic stearates in several types of processing are documented as major factors of Metallic Stearate Market that are estimated to enhance the growth in the years to come.
However, issues related to the filterability of chemicals using metallic stearate and corrosion caused by addition of these stearates are the factors that may restrain overall market growth in coming years.
FEB 26, 2020: The global Microcontroller market size is predicted to attain USD 47.74 billion by 2027, according to a new report by Radiant Insights, Inc.
The market is expected to witness a CAGR of 10.8% over the forecast period, owing to the increasing focus on automation and Artificial Intelligence (AI) across various verticals such as automotive and industrial.
Microcontrollers would play a crucial role in the development of such devices leading to the market growth.Rising need for agility and flexibility in the industrial ecosystem due to the reducing product lifecycles is expected to further spur the demand for MCUs.
Flexible production and asset management would also influence the factory integration, offering high potential for automation and customized solutions among industrial applications.Further key findings from the study suggest:The 32-bit microcontroller is anticipated to emerge as the fastest-growing product segment over the forecast period, owing to its ability to offer high computational power.
Technological developments in the production of semi-autonomous and fully autonomous driving systems also require 32-bit microcontrollers, thus driving the growth of the product segmentThe automotive application segment dominated the global market in 2019 and is estimated to witness a CAGR exceeding 11% over the forecast period.
Increasing demand for enhanced safety features, convenience functions, and entertainment systems, along with government regulations on emission control are driving the segment growthNorth America is expected to maintain its dominance over the forecast period.
Global PA66 Engineering Plastics Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “ Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors Along With Market Attractiveness As Per Segments.Introduction:PA66, also referred to as nylon 6, 6, is a polyamide from nylon class.
PA66 engineering plastics is frequently used when high mechanical strength, great rigidity, and good stability under heat is required.
They are used for automotive, electrical & electronics, industrial and consumer applications.Scope of the Global PA66 Engineering Plastics Market ReportThis report focuses on the PA66 Engineering Plastics in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
This report categorizes the market based on manufacturers, regions, type and application.Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2210439The worldwide market for PA66 Engineering Plastics is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 4940 million US$ in 2023, from 4250 million US$ in 2017, according to a new GIR (Global Info Research) study.In global market, the production of PA66 engineering plastics increases from 1404.2 K MT in 2011 to 1618.9 K MT in 2015, at a CAGR of more than 3.62%.
Globally, the PA66 engineering plastics market is mainly driven by growing demand for automotive, which accounts for nearly 50.18% of total downstream consumption of PA66 engineering plastics in global.
In the future, global market is expected to witness steady growth on account of rising applications with a CAGR of 3.44% from 2016 to 2021, so in the next few years, PA66 engineering plastics production will show a trend of steady growth.
