Chemical Milling Market – Electronics Application Segment Held Significant Share By 2025

Chemical milling can be defined as a subtractive manufacturing process, wherein chemicals are used rather than cutting tools, to manipulate the characteristics of metals. It is considered an economical option for the manufacture of small size metal parts. The difference between chemical etching and chemical milling is that the former is used to manufacture metal parts, while the latter is used to alter the characteristics of those parts.

The process of chemical milling was developed during the renaissance of engraving on the metal parts. Chemical milling is used for the removal of surface-related materials of parts after which chemical etching is performed. At the start of the process, a CAD file is used for the creation of a visual of the final metal part along with the top and bottom patterns that are supposed to be milled. This technique is necessary for the application of photoresist, a layer used to transfer the pattern by UV light on metal parts. Chemical milling generally involves a series of five steps: cleaning, masking, scribing, etching, and demasking. It is useful for creating parts such as haptics, sinks, and filters. The process of chemical milling is ideally suited for metals such as titanium, niobium, and copper, but can be used for wide range of metals such as copper and aluminum.

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Based on type, the market for chemical milling can be segmented into steel chemical etched part, brass chemical etched part, aluminum chemical etched part, and copper chemical etched part. In terms of application, the market for chemical milling can be segregated into aerospace, medical, automotive, electronics, and others.

The market for chemical milling is anticipated to witness moderate growth owing to the expansion of end-user industries. The electronics application segment held significant share of the market in 2016 due to the wide usage of chemical milling in the manufacture of integrated circuits and microelectromechanical systems. The electronics industry commonly uses plasma etching over standard liquid based etching for the production of components. The aerospace segment of the chemical milling market accounted for key share in 2016. The segment is anticipated to witness strong growth during the forecast period. Chemical milling is used to remove shallow layers of materials from extruded parts of airframes, large aircraft components, and missile skin panels, among others. Based on type, the steel chemical etched part segment constituted prominent share of the market in 2016. It was followed by the aluminum chemical etched part and copper chemical etched part segments in the year. Presence of other efficient and economic technologies such as electroforming, laser cutting, and photo etching is likely to hamper the chemical milling market during the forecast period.

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Geographically, North America held major share of the global chemical milling market in 2016. The market in the region is estimated to witness strong growth during the forecast period, led by the high investments in the aerospace sector. Presence of robust electronics manufacturing industry is a key factor driving the chemical milling market in Asia Pacific. Increase in production and sales of automotive in emerging economies of Asia Pacific such as India and China is projected to propel the market for chemical milling in the near future. Significant investments in research & development activities in the medical sector in Europe is the key factor boosting the chemical milling market.

Key players operating in the chemical milling market are Lancaster Metals Science Co., Great Lakes Engineering, Tech-Etch, Tech Met, United Western Enterprises, Orbel, VACCO Industries, and Wist Europe.

Aroma Chemicals Market: Widening Application Range of Aroma Chemicals to Boost Growth, TMR

The competitive landscape in the global aroma chemicals market is highly consolidated, states a new report by Transparency Market Research (TMR). The top four participants, namely, Givaudan, Firmenich SA, Symrise, and IFF, held around 54% of the overall market in 2015. These companies are investing heavily in research activities in order to develop technologically advanced products. Going forward, a shift in their focus towards mergers, acquisitions, and strategic alliances can be observed in the years to come, states the report.

As per the report’s estimations, the global aroma chemicals market, which stood at US$3.85 bn in 2015, is anticipated to rise at a CAGR of 6.20% over the period from 2016 to 2024 and reach a valuation of US$6.57 by the end of the forecast period. Benzenoids have emerged as the most valued product in this market and are anticipated to remain enjoying a strong demand across the world over the next few years, notes the market study.

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Demand for Synthetic Aroma Chemicals to Remain High

In this research report, aroma chemicals have broadly been classified into two types; Natural and synthetic. Among the two, the demand for synthetic aroma chemicals is greater among consumers. Although analysts expect the trend to remain so over the forthcoming years, the demand for natural aroma chemicals is likely to demonstrate a high-paced rise during the period of the forecast, thanks to their increasing popularity as a safer, greener, therapeutic, and more sustainable alternative to synthetic aroma chemicals.

The report further presents a geographical analysis of the worldwide market for aroma chemicals. According to the study, the global market has its presence across North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America. Europe led the overall market in 2015 with a share of 33.3% and is anticipated to maintain its dominance throughout the period of the forecast. Asia Pacific, among other regional markets, is expected to display promising growth potential in the near future, states the research report.

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Rise in Disposable Income of Consumers in Emerging Economies to Fuel Demand

“The global market for aroma chemicals is gaining signifcantly from the widening application range of aroma chemicals,” states the author of this study. Initially, the application of these chemicals was limited to the household and personal care products; however, now their increasing usage in the food and beverages and medical and healthcare industries is creating substantial growth opportunities for this market.

Over the coming years, the demand for aroma chemicals is likely to increase remarkably, thanks to the rise in the disposable income of consumers in emerging economies, such as Brazil, China, India, and Africa, enabling them to spend on luxurious personal care products. However, the presence of stringent rules and regulations forcing companies to follow specific compliance policies may hinder the growth of this market in the years to come, reports the study.

The report segments the global aroma chemicals market as

By Type

  • Natural
  • Synthetic

By Product

  • Terpenoids
  • Benzenoids
  • Musk Chemicals
  • Others (include Aldehydes, Ketones, Esters, etc.)

The study presented here is based on a report by Transparency Market Research (TMR), titled “Aroma Chemicals Market (Type – Natural and Synthetic; Product – Terpenoids, Benzenoids, Musk Chemicals, Aldehydes, Ketones, and Esters; Application – Personal Care (Fine Fragrances and Cosmetics and Toiletries), Household Care (Laundry, Dishwashing, Mosquito Repellant, and Candles), Medical, and Food and Beverages) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.

Granite Market Finds Major Application in Flooring Tiles And Dimension Stones, Segments By 2025 !!

Granite is an igneous rock which is developed due to the interlocking between crystals of feldspar, quartz, and mica. Other minerals are also present in minor quantities. Granite constitutes about 70% to 80% of the Earth’s crust. It is majorly found as large mountain ranges.

Different theories about the origin of granite have existed for more than 150 years. The two most prominent theories that exists currently are the hyper-metamorphic theory and the magmatic theory.

The color of granite depends on its mineral composition. It is predominantly found in white, gray or pink color.

The term granitic is used for granite as well as such igneous rocks that have similar texture to that of granite, but somewhat different origin and composition. Granite-like rocks primarily comprise quartz, feldspar, and mica with some amphibole minerals. Their interlocking structure is slightly equigranular matrix of quartz and feldspar, with mica and amphibole scattered in between. This scattered presence of mica and amphibole minerals can be majorly observed in light-colored granites.

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Granite Market Trends

Granite is a hard stone and entails skill to hand-carve it. It is utilized for making sculptures, memorials, and gravestones. It has also been widely employed as flooring tiles and dimension stones. In modern architecture, granite slabs and tiles are used to make countertops, bar tops, fireplaces, staircases, murals, paving stones, and curbings. They are also utilized as building stones for bridges, memorials, monuments, and buildings. A form of granite, known as azurite granite, is primarily employed as a gemstone and also for construction purposes.

The usage of granite in household construction is increasing; however, there is concern regarding the radiations from granite being harmful to health. Granite is also a natural source of radiation similar to most natural stones. The concern regarding radiation has been raised due to reports of higher radioactivity in some granites. Alkali feldspar is a common constituent of granite. Potassium-40 is a radioactive isotope of weak emission and is abundantly present in alkali feldspar. Uranium and Thorium are also found in granite. Concern about granite building materials being health hazard arises due to these factors.

In the construction industry, the granite is employed in either the crushed form or dimensional form. Granite rock climbing is also popular as a sport, because of its soundness, steepness, friction, and crack systems. Consequently, artificial rock climbing walls in many theme parks and gyms are given the appearance and feel of granite.

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Granite Market Segmentation

In terms of color, the granite market can be segmented into black, white, and colored. In terms of application, the market can be segmented into architecture, construction, and others.

Granite Market: Region-wise Outlook

Granite and related industries are considered to be some of the oldest industries in the world. The U.S., China, India, Brazil, Italy, Sweden, Germany, and Spain are major exporters of granite. According to the U.S. Geological Survey, domestic production of granite in the U.S. was estimated to be 1.48 billion tons in 2016. The granite was found in crushed stone form and was said to be valued at more than US$ 16.2 billion.

Granite Market: Key Players

Key players operating in the granite market include Ablegroup Berhad, American Marazzi Tile Inc., CaesarStone, Cosentino S.A., Craig Baker Marble Co. Inc., Levantina y Asociados Minerals SA, Dakota Granite, Daltile, Duracite Inc., JNR Granite Import & Export Ltd, Precision Countertops, Granite Transformations, American Marble & Stoneworks Inc., and Vangura Surfacing Products Inc.