Polymer

Glass Fiber Reinforced Plastics (GFRP) Composites Market Size to Grow USD 37.2 Billion at a CAGR of 6.5% | Valuates Reports

Retrieved on: 
Tuesday, February 20, 2024

The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.

Key Points: 
  • The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
  • The growing need for lightweight materials in the automobile industry is a major driver of the rise of Glass Fibre Reinforced Plastic (GFRP) composites.
  • GFRP composites are becoming more and more popular in the building industry because of their remarkable resilience to corrosion and adaptability.
  • The Asia-Pacific market for glass fiber reinforced polymers (GFRP) composites is expanding rapidly due to rising demand from the aerospace, automotive, and construction sectors.

BAYEGAN Selects Lummus for Integrated PDH and PP Complex

Retrieved on: 
Tuesday, February 20, 2024

HOUSTON, Feb. 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from BAYEGAN. BAYEGAN will license Lummus' CATOFIN® technology for a new 450 KTA propane dehydrogenation (PDH) unit and Lummus' Novolen® technology for a new 450 KTA polypropylene (PP) unit. The units will be located at BAYEGAN's complex in the Hatay Province of Türkiye, and will be Lummus' first integrated PDH and PP complex in the country. 

Key Points: 
  • HOUSTON, Feb. 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from BAYEGAN.
  • BAYEGAN will license Lummus' CATOFIN® technology for a new 450 KTA propane dehydrogenation (PDH) unit and Lummus' Novolen® technology for a new 450 KTA polypropylene (PP) unit.
  • The units will be located at BAYEGAN's complex in the Hatay Province of Türkiye, and will be Lummus' first integrated PDH and PP complex in the country.
  • Lummus' scope includes the technology license for the PDH and PP technologies, basic design engineering, advisory services and training.

LyondellBasell Acquires Mechanical Recycling Assets and Plans Operations in California

Retrieved on: 
Tuesday, February 20, 2024

HOUSTON, Feb. 20, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader and waste management service provider.

Key Points: 
  • HOUSTON, Feb. 20, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader and waste management service provider.
  • The transaction includes leasing the processing facility in Jurupa Valley, Calif., which has a production capacity of approximately 50 million pounds per year for recycled materials.
  • "This acquisition further strengthens our U.S. presence and will deliver value for our customers and plastic recycling rates in the West Coast," said Yvonne van der Laan, LyondellBasell executive vice president, Circular and Low Carbon Solutions.
  • "We will build upon our existing experience in plastic recycling in Europe and deliver a state-of-the-art, mechanical recycling facility to meet growing demand for recycled products in the U.S."
    LYB plans to operate its newly-acquired mechanical recycling plant in California to manufacture post-consumer recycled resins using plastic waste feedstock.

EV Fire Protection Materials, Protecting a US$3.5 Trillion Market: IDTechEx Predictions

Retrieved on: 
Tuesday, February 20, 2024

IDTechEx's new report, " Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts ", analyzes trends in battery design, safety regulations, and how these will impact fire protection materials.

Key Points: 
  • IDTechEx's new report, " Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts ", analyzes trends in battery design, safety regulations, and how these will impact fire protection materials.
  • Many properties are key for choosing the optimal fire protection material, thermal conductivity, density, thickness, dielectric strength, maximum fire protection temperature, and cost.
  • As an example, IDTechEx research finds that an aerogel blanket used for pack-level protection would be approximately 25% lighter than the equivalent mica.
  • IDTechEx's report, "Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts", finds that the EV battery fire protection material market will grow at 16.1% CAGR between 2023 and 2034.

EV Fire Protection Materials, Protecting a US$3.5 Trillion Market: IDTechEx Predictions

Retrieved on: 
Tuesday, February 20, 2024

IDTechEx's new report, " Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts ", analyzes trends in battery design, safety regulations, and how these will impact fire protection materials.

Key Points: 
  • IDTechEx's new report, " Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts ", analyzes trends in battery design, safety regulations, and how these will impact fire protection materials.
  • Many properties are key for choosing the optimal fire protection material, thermal conductivity, density, thickness, dielectric strength, maximum fire protection temperature, and cost.
  • As an example, IDTechEx research finds that an aerogel blanket used for pack-level protection would be approximately 25% lighter than the equivalent mica.
  • IDTechEx's report, "Fire Protection Materials for EV Batteries 2024-2034: Markets, Trends, and Forecasts", finds that the EV battery fire protection material market will grow at 16.1% CAGR between 2023 and 2034.

Global Nanocellulose (Cellulose Nanofibers, CelluloseNanocrystals, Bacterial Nanocellulose) Market Report 2024-2034, with 160+ Company Profiles of Major Producers and Product Developers

Retrieved on: 
Monday, February 19, 2024

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Global Market for Nanocellulose (Cellulose Nanofibers, CelluloseNanocrystals, Bacterial Nanocellulose) 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Global Market for Nanocellulose (Cellulose Nanofibers, CelluloseNanocrystals, Bacterial Nanocellulose) 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • The Global Market for Nanocellulose 2024-2034 provides an in-depth analysis of the global nanocellulose industry, encompassing cellulose nanofibers (CNF), cellulose nanocrystals (CNC), and bacterial nanocellulose (BNC).
  • It offers a granular view of production methods and capacities, pricing, properties, applications, product developers, and demand forecasts across major end-use markets.
  • Over 160 company profiles analyze major producers and product developers.

Global Advanced Chemical Recycling Report 2024: Focus on Pyrolysis, Gasification, Dissolution, Depolymerisation and Emerging Technologies

Retrieved on: 
Wednesday, February 14, 2024

DUBLIN, Feb. 14, 2024 /PRNewswire/ -- The "Global Market for Advanced Chemical Recycling 2024-2040" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 14, 2024 /PRNewswire/ -- The "Global Market for Advanced Chemical Recycling 2024-2040" report has been added to ResearchAndMarkets.com's offering.
  • Advanced chemical recycling technologies are now being developed by more than 150 companies worldwide, and capacities are increasing.
  • The Global Market for Advanced Chemical Recycling 2024-2040 provides a comprehensive analysis of the global advanced chemical recycling technologies market.
  • Advanced chemical recycling industry news, funding and developments 2020-2023
    Global demand by recycling process, 2018-2040, million metric tons
    Advanced chemical recycling technologies covered include:

Green Polymer Market Size to Surpass Around US$ 74.95 Billion 2030, Recording a CAGR of 9.6% | Report by CoherentMI

Retrieved on: 
Tuesday, February 13, 2024

The region has been at the forefront of environmental initiatives and has well-established regulations and support for green technologies.

Key Points: 
  • The region has been at the forefront of environmental initiatives and has well-established regulations and support for green technologies.
  • Key players operating in the Green Polymer Market include BASF, Dow Chemical, Braskem, NatureWorks, Novamont, Indorama Ventures, Danimer Scientific, Teijin, Mitsubishi Chemicals, and BioAmber.
  • These key players have been investing in research and development to develop innovative green polymers and expand their product portfolio.
  • With North America leading the market and key players actively investing in research and development, the Green Polymer Market is expected to experience steady growth in the coming years.

Green Polymer Market Size to Surpass Around US$ 74.95 Billion 2030, Recording a CAGR of 9.6% | Report by CoherentMI

Retrieved on: 
Tuesday, February 13, 2024

The region has been at the forefront of environmental initiatives and has well-established regulations and support for green technologies.

Key Points: 
  • The region has been at the forefront of environmental initiatives and has well-established regulations and support for green technologies.
  • Key players operating in the Green Polymer Market include BASF, Dow Chemical, Braskem, NatureWorks, Novamont, Indorama Ventures, Danimer Scientific, Teijin, Mitsubishi Chemicals, and BioAmber.
  • These key players have been investing in research and development to develop innovative green polymers and expand their product portfolio.
  • With North America leading the market and key players actively investing in research and development, the Green Polymer Market is expected to experience steady growth in the coming years.

AR Optics: IDTechEx Explores Insights from IDTechEx at CES 2024

Retrieved on: 
Tuesday, February 13, 2024

However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.

Key Points: 
  • However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.
  • The two biggest AR headset announcements at this year's CES took very different approaches.
  • TCL's upcoming RayNeo X2 Lite headset fell under the banner of "lite AR".
  • The stories presented here provide only a small portion of IDTechEx's insights from CES 2024, which are available to their subscribers, amongst much more timely information on emerging technologies on their portal.