ARTICLES

  • The global petrochemicals market is estimated to grow at a CAGR of 6.7% from 2012 to 2018, driven by growth mainly from Middle East and Asia Pacific region. Asia Pacific including China accounted for over 45% of the total demand in 2011. Along with being the largest market, China is also expected to be fastest growing market, at a CAGR of 6.7% from 2012 to 2018. The next few decades will also mark the end of supremacy of the Middle East’s informidable position, as the era of "cheap gas" from shale dawns in North America, while Asia seeks new ways to reduce its dependence on raw materials imports. To take a closer look at the petrochemicals industry in terms of: development of demand, dependence on raw materials, government support and building up know-how, etc, read Global petrochemicals market growing at a CAGR of 6.7% from 2012 to 2018
  • Carbon fiber composites are increasingly being used in a host of new industrial applications where material cost is secondary to performance, high strength and reduced weight considerations. Application has grown from aerospace and space to renewable energy production. In India, growth is directly proportionate to an increase in the usage of composite products in the wind energy sector. The composites industry has become highly volatile in the short term, and global financial uncertainties or political instability can bring sudden changes to the marketplace. In the long term, the composites industry is considered extremely viable. Read more in Indian carbon fiber composites market growing at over 20%, expected to reach  US$53 mln by 2018
  • Steady industry growth, excellent strength to weight ratio and increased adoption of plastics in aircraft designs are the factors mainly augmenting the growth of the aerospace plastics market. Several regulations act as a challenge for the growth of aerospace plastics market, categorized into six application segments. Europe is expected to dominate the aerospace plastics market owing to the supportive government policies and rising investments. The Indian aerospace composites market is poised for dramatic growth and expected to grow in double digits per year through 2018. Read more in Global aerospace plastics market expected to reach US$10.5 bln
  • Medical polymers have various applications in the field dentistry and medicine such as in prosthetic implants, tissue engineering and drug delivery. These materials need strong adherence to high manufacturing standards. The non-biodegradable nature of plastics and medical waste management are two major concerns which restrain the medical polymers market. North America leads the global medical polymers market in terms of revenues and is closely followed by Europe, while the Asia-Pacific market is the fastest growing segment in this industry. To know more, read Medical polymer market in China to surpass US$4 bln in 2017, growing at a 5 year CAGR of 16.1%
  • India retained its position in top five world wind energy markets in 2012. India remained third largest market for new turbines in 2012 with capacity addition of 2441 mw. World's wind turbine capacity addition grew at 19% to 44,609 mw. An enormous opportunity for raw materials used in the fabrication of fiber-reinforced plastics (FRP) products exists in the Indian Wind Energy Industry. Read more in Consumption of Wind Energy Composites forecast to grow 12.8% pa between 2013 and 2018
  • The odds of two individuals having identical fingerprints are 64 billion to 1, making them an ideal tool for identification in criminal investigations. Despite the availability of several enhancement techniques, only 10% of fingerprints taken from crime scenes are of sufficient quality to be used in court. To overcome this, researchers have been working on a new technique that visualizes fingerprints by exploiting their electrically insulating characteristics. Read more in Fluorescent fingerprint tag aims to increase IDs from 'hidden' prints on bullets and knives