Day: November 19, 2024

U.S. stocks could open on a negative note on Tuesday after the averages maintained a cautious stance last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street.

Economic data and Federal Reserve chair Jerome Powell’s comments about the future of rate cuts dampened the sentiment. Powell said the Federal Open Market Committee (FOMC) is not in a hurry after economic data showed strength.

Geopolitical tensions are weighing on investor sentiment, as Russian President Vladimir Putin expanded the country’s nuclear doctrine, according to reports by the TASS news agency.

In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust SPY fell 0.35% to $586.11 and the Invesco QQQ ETF QQQ declined 0.29% to $498.58, according to Benzinga Pro data.

Cues From Last Session:

U.S. stocks closed on a mixed note on Monday, with the Dow Jones closing in the red while the Nasdaq and S&P 500 edged up.

Crude oil prices remained under the $70 mark, edging lower after rebounding due to disruptions in Norway.

Treasury yields eased marginally amid a broader risk-off sentiment.

On the economic data front, the NAHB/Wells Fargo Housing Market Index climbed to 46 in November from 43 in October, recording the highest reading in seven months.

Most sectors on the S&P 500 closed on a positive note, with energy, communication services, and consumer discretionary stocks recording the biggest gains on Monday.

However, industrial stocks bucked the overall market trend, closing the session lower.

Insights From Analysts:

Tom Lee, head of research at FundStrat Global Advisors, noted in an interview with CNBC that the “Trump trade” is still intact despite it losing some steam over the past week.

He underscored that as uncertainty reduces around President-elect Donald Trump’s announcement of Treasury Secretary, it will be a “clearing event” for the markets.

He also believes that although Fed chair Powell said there is no need to rush with rate cuts, the expectations for the number of cuts over the next year remain the same. Essentially, it’s only a matter of timing, according to Lee.

With Nvidia Corp. NVDA set to announce its results this week, Lee thinks that it will be another “clearing event” for the markets.

“Markets get very hesitant in front of Nvidia’s earnings. Once that is behind us, we’ll see that the demand is strong and I think markets breathe a sigh of relief.”

WisdomTree and Wharton School economist Jeremy Siegel reiterated his bull thesis but noted that higher rates could lead to some volatility in the near term.

“Equities still offer superior returns over the longer term compared to bonds,” he said, as investors turn their eye towards the Federal Open Market Committee’s (FOMC) next meeting.

Expectations of a further 25 basis point rate cut in December have fallen to just 65% now, down from 72% last week, according to CME Group’s FedWatch tool.

“With long-term rates climbing, the market’s trajectory will depend heavily on not only economic data but a clarification Trump’s policies on tariffs and deportations,” Siegel said.

On the whole, the Wharton economist underscored that “companies with strong balance sheets and pricing power” are best positioned to weather this higher-rate environment.

See Also: How To Trade Futures

Upcoming Economic Data

Tuesday’s economic calendar is fairly light.

• Data on new home construction and building permits will be released at 8:30 a.m. ET.
• Chicago Fed President Austan Goolsbee will speak at 12:25 p.m. ET.

Stocks In Focus:

• Tesla Inc. TSLA shares continued to rally, gaining 5.6% on Monday amid reports of Trump’s transition team looking to ease self-driving rules.
• Alphabet Inc.’s GOOG GOOGL subsidiary Google is staring at the prospect of divesting the Chrome web browser as part of the Department of Justice’s (DOJ) latest antitrust move. The company’s stock fell in premarket trading on Tuesday.
• Super Micro Computer Inc. SMCI shares surged over 30% in premarket trading on Tuesday after the company submitted a compliance plan to continue trading on the Nasdaq.
• Trump Media & Technology Group Corp. DJT shares were down 4.7% in premarket trading after reports suggested that it is looking to acquire cryptocurrency company Bakkt Holdings BKKT.
• Investors are awaiting earnings results from Walmart Inc. WMT, Lowe’s Companies, Inc. LOW, and Medtronic Plc. MDT today.

Commodities, Bonds And Global Equity Markets:

Crude oil futures surged in the early New York session, falling by 0.7% to hover around $68.69 per barrel.

The 10-year Treasury note yield eased marginally to 4.365%.

Major Asian markets ended in the green on Tuesday, while European stocks declined in early trading.

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Photo courtesy: Wikimedia

Wilmington, Delaware, United States, Transparency Market Research Inc. -, Nov. 19, 2024 (GLOBE NEWSWIRE) — As per the report published by Transparency Market Research, the RDX and HMX market (RDX 및 HMX 시장) size was worth US$ XX Bn in 2023 and is expected to reach US$ 22 Bn by the year 2031 at a CAGR of ~4 % between 2021 and 2031.

RDX (Research Department Explosive) and HMX (High Melting Explosive) are high-performance, military-grade explosives that play a critical role in various defense and industrial applications. As key components in the production of explosives, propellants, and ammunition, RDX and HMX are essential for military and commercial uses. These compounds are highly potent and widely employed in military munitions, demolition, and the other specialized industries requiring powerful, stable, and efficient explosives.

RDX and HMX Market Overview

RDX (Research Department Explosive) and HMX (High Melting Explosive) are powerful high-energy explosives that serve critical roles across various military, industrial, and commercial applications. The primary application of RDX and HMX is in military munitions, where these explosives are used in bomb and warhead construction.

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RDX, often in combination with the other chemicals, forms the core of plastic explosives like C-4, which are widely used by military and counter-terrorism forces. HMX, known for its superior energy output and higher melting point, is favored in more advanced military technologies such as missile warheads, rocket propellants, and as a component in plastic explosives.

Both – RDX and HMX are employed in solid rocket propellants, where their high detonation velocities and stability under extreme conditions make them ideal for use in missiles, satellites, and space exploration technologies. In addition to military applications, these explosives are used in civilian sectors such as mining, demolition, and oil and gas exploration, where controlled and powerful explosive charges are needed for excavation or clearing operations.

A significant driver for the RDX and HMX is the substantial rise in defense budgets across the globe. As geopolitical tensions and security concerns continue to increase, governments are investing more heavily in modernizing their military arsenals. Countries like the United States, China, India, Russia, and several European nations are increasing defense spending, leading to a surge in demand for advanced explosives, including RDX and HMX. The growing need for precision-guided munitions, missile defense systems, and advanced warheads is directly contributing to the higher consumption of these high-performance explosives.

Apart from military uses, the industrial sector plays a crucial role in the growth of the RDX and HMX markets. RDX and HMX are increasingly used in large-scale mining operations, where powerful explosives are required for controlled blasting to extract minerals and fossil fuels from the earth. Similarly, the demolition industry relies on high-performance explosives like RDX and HMX for safe and efficient demolition of structures, buildings, and industrial facilities. As global mining and infrastructure development activities grow, so does the demand for effective explosive solutions in these industries.

Another growth factor propelling the demand for RDX and HMX is their widespread use in rocket propellants, particularly for military and space exploration purposes. These compounds provide the necessary power and stability for propulsion systems in missile and rocket technologies.

As space exploration activities expand (including satellite launches and potential commercial space travel), the demand for reliable and high-energy rocket propellants in which RDX and HMX play a key role is expected to increase. Additionally, these compounds are essential in the development of solid rocket propellants for defense missiles, which are integral to national defense strategies.

The continuous investment in research and development activities by governments and private defense contractors has led to the creation of more specialized and effective explosives formulations. RDX and HMX are often combined with the other substances to enhance their stability, detonation velocity, and energy output. As R&D in the defense sector continues to innovate, new and advanced forms of explosives are being developed for niche applications in military operations, fueling further demand for these substances.

The RDX and HMX market is experiencing significant growth due to combination of military, industrial, and technological drivers. Rising defense budgets, advancements in weapons technology, and increased geopolitical instability are the major factors contributing to the heightened demand for these explosives. Additionally, the expansion of industrial applications in mining and demolition, as well as the growing need for advanced rocket propellants in both defense and space exploration, further bolster the market. With increasing investment in R&D and continued military preparedness, RDX and HMX will remain central to modern explosive technology, ensuring that their market presence continues to expand across various sectors.

RDX and HMX Market Report Scope:

RDX and HMX Market Regional Insights

• Asia Pacific is Estimated to Record Rapid Growth During Forecast Period

The Asia-Pacific (APAC) region is witnessing significant growth for high-performance explosives such as RDX and HMX, driven by several unique regional factors. As one of the world’s most geopolitically dynamic and economically influential regions, APAC is home to both – advanced economies and rapidly developing defense and industrial sectors.

One of the foremost drivers of the RDX and HMX market in the APAC region is the rapid increase in defense budgets and military modernization efforts. Countries like China, India, Japan, South Korea, and Australia have significantly expanded their defense expenditure in recent years. This surge in military spending is primarily driven by regional security concerns, territorial disputes (e.g., in the South China Sea), and the desire to maintain military superiority.

As these countries modernize their armed forces and invest in advanced weaponry such as missiles, guided munitions, and precision explosives, the demand for high-quality explosives like RDX and HMX continues to grow. The need for powerful, reliable explosives in military applications such as warheads, rocket propellants, and artillery shells further propels the market.

The APAC region is experiencing increased geopolitical instability, with tensions escalating between the major powers and in conflict-prone areas. For instance, the ongoing tensions between China and India over territorial borders, the North Korean missile crisis, and the volatility in the South China Sea have led to heightened security concerns. Additionally, the growing rivalry between China and the United States is prompting the regions to bolster their defense capabilities.

As a result, there is a strong focus on acquiring advanced munitions and explosive materials, with RDX and HMX playing a critical role in ensuring military preparedness. Nations are increasingly focused on strengthening their defense infrastructure, particularly through missile defense systems, naval assets, and air defense capabilities, all of which rely heavily on high-performance explosives.

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Prominent Players Operating in RDX and HMX Industry

Key providers operating in the industry are focusing on expanding their facilities, owing to the rise in demand for RDX and HMX in various applications and end-use industries. These vendors have adopted various organic and inorganic growth strategies to expand their product portfolio and geographical footprint in the global RDX and HMX market.

RDX and HMX Market Segmentation

Application

• RDX
  • Military
    • Melt-cast Explosives
    • Plastic Explosives
    • Pyrotechnics
    • Others
  • Civilian
    • Fireworks
    • Demolition Blocks
    • Others
• HMX
  • Military
    • Melt-cast Explosives
    • Nuclear Devices
    • Plastic Explosives
    • Rocket Fuels
    • Booster Charges
    • Others
  • Civilian
    • Fireworks
    • Demolition Blocks
    • Others

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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Rockville, MD, Nov. 19, 2024 (GLOBE NEWSWIRE) — According to Fact.MR, a market research and competitive intelligence provider, the global performance monomer market is estimated to reach a valuation of US$ 2,274 million in 2024 and is expected to grow at a CAGR of 4.6% during the forecast period of (2024 to 2034).

The performance monomer market is witnessing a predominant trend as a result of the higher demand generated across several industries such as coatings, adhesives, and plastics. Performance monomers are specific chemicals with enhanced polymer properties such as being tough, elastic, and resistant to various environmental factors. Majority of this market has been driven by the growing demand for high-performance materials within the automotive, aerospace, and construction sectors. The innovation key driver includes the development of new monomers, which boast improved performance characteristics: better adhesion, UV resistance, and thermal stability. This still does not come amiss with encouragement for sustainability and environment-friendly materials, where manufacturers are striving to keep environmental impact to the lowest possible extent within an industry.

Geographically, Asia-Pacific will top the list as this region is expected to grow fast based on the high rate of industrialization and manufacturing across countries like China and India. The electronics industry in the same region drives performance monomer demand.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=10458

Key Takeaways from Market Study

• The global performance monomer market is projected to grow at 6% CAGR and reach US$ 3,558 million by 2034
• The market created an opportunity of US$ 1,284 million between 2024 to 2034
• East Asia is a prominent region that is estimated to hold a market share of 8% in 2024
• Industrial/Technical grade segment is estimated to grow at a CAGR of 4% creating an absolute $ opportunity of US$ 775 million between 2024 and 2034
• North America and East Asia are expected to create an absolute $ opportunity of US$ 797.4 million collectively

“The performance monomer market is expected to grow and expand robustly, led by growth in demand in sectors such as automotive and coatings. Improvements in sustainable materials and properties of products are some of the notable trends. Industrial growth and increased manufacturing activities drive this market mainly in the Asia-Pacific region, making it a significant driver of this market.” says a Fact.MR analyst.

Leading Players Driving Innovation in the Performance Monomer Market:

BASF SE; The Dow Chemical Company; Evonik Industries AG; Arkema Group; Mitsubishi Chemical Corporation; Nippon Shokubai Co., Ltd.; Sumitomo Chemical Co., Ltd.; Solvay S.A.; Mitsui Chemicals, Inc.; Eastman Chemical Company; Other Prominent Players 

“Ecosystem of Advanced Manufacturing and Innovation” 

According to projections, the performance monomer market in the United States is expected to reach US$ 503 million in 2024 and grow at a compound annual growth rate (CAGR) of 4.4% through 2034, creating an absolute potential of US$ 272 million.

The United States’ robust innovation pipeline and established manufacturing sector contribute to the country’s impressive performance monomer adoption rates. great-performance materials are in great demand due to a strong industrial foundation, notably in sectors like electronics, automotive, and aerospace. These sectors are constantly looking for cutting-edge ways to boost productivity, guarantee sustainability, and enhance product performance—all of which provide the perfect conditions for performance monomers.

One of its advantages is that the United States has a well-established infrastructure for research and development. Innovation in monomer technology is promoted by cooperative relationships between academic institutions, research centers, and private businesses. This keeps the United States at the forefront of material science by facilitating the rapid development and marketing of novel performance monomers. The adoption of new monomer technologies, together with their innovative culture, is accelerated even further by the presence of major chemical corporations.

Performance Monomer Industry News:

• Evonik unveiled VISIOMER® HEMA-P 100, a phosphate methacrylate monomer, in January 2024. It adds flame retardancy and improves adhesion and corrosion.
• The BASF Monomers division unveiled a sustainability roadmap in January 2023 that aims to expand the product line while reducing its carbon footprint. The division pledged to provide a circular option for every major product line by 2025 in this regard.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global Performance Monomer market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights on the basis of Product Type (Acrylates, Methacrylates, Acetates, Styrene, Vinyl Acetate), Technology, (Solution Polymerization, Suspension Polymerization, Emulsion Polymerization, Bulk Polymerization), Grade (Industrial/Technical Grade, Food Grade, Pharmaceutical Grade), End-Use Industry(Automotive, Construction, Electronics, Healthcare, Packaging, Textile, and Others), Application (Adhesives, Coatings,Plastics, Elastomers,Textiles, Personal Care Products, and Others) across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, and Pacific, Middle East & Africa).

Check out More Related Studies Published by Fact.MR Research:

Pure monomer resin market size is forecasted to expand at a CAGR of 6% and increase from a valuation of US$ 722.3 million in 2024 to US$ 1.29 billion by the end of 2034.

Vinyl acetate monomer market size to expand at 4.7% CAGR and reach US$ 14.37 billion by the end of 2034.

Methacrylate monomers market is valued at US$ 12.5 billion in 2023 and is projected to climb to US$ 21 billion by the end of 2033, increasing at a CAGR of 5.3% from 2023 to 2033.

Construction equipment market size is poised to reach US$ 128.3 billion in 2024 and climb to a value of US$ 191.7 billion by the end of 2034.

Aerospace parts manufacturing market reached a value of US$ 910 billion in 2023 and is projected to grow at a 3.6% CAGR, surpassing US$ 1.29 trillion by 2033.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.

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