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Sodium Sulfide is a chemical compound that is alkaline in nature when exposed to air and smells like rotten eggs. It has a wide range of application across pulp and paper industry, textile industry, water treatment, and various chemical manufacturing processes such as manufacturing of sulfur dyes, rubber chemicals, and oil recovery. Sodium sulfide is also used in the photographic industry for protecting the developer solution from being getting oxidize. Moreover, it is also used in the pulp and paper industry in the Kraft process. Furthermore, it is also used to produce elastic synthetic products, sulfur colors, and leather products.
The global sodium sulfide market is projected to reach around US$ 672 million by the end of 2027, in terms of revenue, growing at CAGR of 3.4% during the forecast period (2019-2027).
Top Keyplayers in this Market are as follows: Solvay S.A., Longfu Group, Nafine Chemical Industry Group Co., Ltd, Inner Mongolia Lichuan Chemical Co., Ltd, Xintai Wanhe Chemical Co.Ltd, China Nafine group international co ltd., Tessenderlo Group, Sichuan Shenhong Chemical Industry Co., Ltd., Shenzhou Jiaxin Chemical Co., Ltd, and Changsha Vahenry Chemical Co., Ltd.
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Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Trends
Expanding oil &gas industry where sodium sulfide is used to recover the oil is expected to foster market growth. According to the U.S. Energy Information Administration, U.S. oil production reached 9.97 million barrels per day (b/d) in December 2017 and 12.04 million b/d in December 2018. Therefore, the rising production of oil, especially in the U.S. region, is expected to augment the market growth of sodium sulfide over the forecast timeframe.
Expanding chemical industry due to rising spending by the manufacturer is also another major trend that has been observed in the market and this is projected to propel the market growth of sodium sulfide. According to Invest India, the market size of the Chemicals industry in India stood at US$ 163 billion in 2017-18 and alkali chemicals had the largest share in the Chemical industry in India with approximately 69% share in the total production. Hence, expanding the chemical industry will favor market growth over the forecast period.
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Ultra-violet (UV) disinfection is a highly effective way of eradicating microbial contamination in water. In this process microbes are exposed to UV-C light in order to disinfect the water and are widely used across a range of application such as purification of water, disinfecting water supply, and industrial wastewater treatment. It is the most safer and cost-effective way of disinfecting the water for industrial applications. UV technology destroys the DNA of microorganism which cause the death of bacteria which ultimately stop the growth of the bacteria as DNA plays very important in the growth and multiplication of bacteria. Moreover, this technology is also used to disinfectant surface and removal of TOC.
The global UV disinfection equipment market is projected to reach around US$ 9.2 billion by the end of 2027, in terms of revenue, growing at CAGR of 18% during the forecast period (2019-2027).
Top Keyplayers in this Market are as follows: Severn Trent Plc, Calgon Carbon Corporation, Xylem Inc., Trojan Technologies, General Lighting, Aquionics, Atlantium Technologies Ltd., Atlantic Ultraviolet Corporation, FirstLight Technologies Ltd., Green Water Technologies, Evoqua Water Technologies LLC, Advanced UV, Inc., Hydro, Photon, makers of SteriPEN, and Enaqua.
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Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Trends
Rising cases of viral infection around the globe are encouraging manufacturers to introduce highly advanced UV disinfectant technologies and this factor is expected to propel the market growth of ultra-violet (UV) disinfection. For instance, Xiaomi, a popular Chinese electronics firm, has launched a second UV sterilizing lamp and comes with a highly affordable price of 79 yuan (Rs 800) in India. The Xiaoda Sterilization lamp is also portable and is almost the size of a coca-cola can.
The growing investment by manufacturers of ultra-violet (UV) disinfection on increasing research & development in order to develop an advance UV LED disinfectant system is projected to fuel the market growth. For instance, in November 2018, AquiSense Technologies announced a Cooperative Research and Development Agreement (CRADA) between the United States Environmental Protection Agency (USEPA), Washington University, and AquiSense Technologies. The purpose of this agreement is to design, fabricate, and test an integrated water treatment system incorporating advanced ultraviolet light-emitting diode (UV LED) disinfection and filtration technologies.
Market Opportunities
Increasing industrialization due to the growth of chemical, oil &gas, textile, and other manufacturing industries is creating large amounts of wastewater and this expected to fuel the market growth of ultra-violet (UV) disinfection. Moreover, increasing investment by companies of wastewater treatment is also expected to propel the market growth of ultra-violet (UV) disinfection equipment over the forecast timeframe.
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Whisky is a type of diastilled beverage made up of fermented grain mash. There are many types of whisky, which are further categorized based on their origin and manufacturing process. Scotch whisky in general is a whisky, which is produced at Scotland. It is manufactured from malted barley and other non-malted cereals such as wheat or maize. Global Scottish whisky market was valued at US$ 4.97 Mn in 2018, and is expected to reach US$ 7.89 Mn by 2027, exhibiting a CAGR of 5.3% over the forecast period.
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Market Drivers:
Global Scottish whisky market is expected to be driven by increasing amount of customized services such as ready to drink Scotch whisky cans, which are offered by the market vendors, increasing number of Scotch whisky distilleries, and rising popularity of Scotch whisky-based tourism across the globe. For instance, according to the Scotch Whisky Association, in 2018, European Union was one of the largest markets for Scotch whisky, which accounted for around 36% of total exports in terms of volume.
However, growth of this market is expected to be hampered by availability of substitutes such as Irish whisky. Furthermore, grain whisky mature much rapidly compared to single malt whisky. Thus, increasing demand of single malt whisky cannot be fulfilled, owing to slow maturation process, which is expected to hamper market growth.
Market Opportunities
The market is expected to witness growth opportunities with increasing demand for aged Scotch whisky. The Scotch Whisky Association has launched Scotch Whisky Action Fund for promoting responsible consumption of alcohol and also tackle alcohol-related harm in Scotland. This organization is responsible for delivering targeted interventions for tackling harm amongst the young people, families, and communities which are impacted by excessive consumption of alcohol.
Key Takeaways:
Scotch whisky is categorized into various types such as single malt, blended malt, and single grain, among others. In general, all Scotch whisky must be matured for at least three years and it be fermented by adding yeast only. Although, single malt whisky is matured for about 8-12 years or longer period.
Among distribution channels, off-trade segment is expected to witness significant growth in the global Scottish whisky market over the forecast period. The off-trade segment majorly include supermarket & hypermarkets, discount stores, and online stores. Moreover, whisky is majorly purchased by customers at cheaper rates from the duty-free stores. Premium whiskeys are stored by the customers for certain special occasions, which is further expected to drive growth of the market.
Competitive Section:
Company Names
Diageo Plc.
Pernod Ricard
William Grant and Sons Ltd.
Bacardi Limited
Bowmore Distillery
Suntory Beverage & Food Limited
Brown-Forman Corporation
LVMH
Isle of Arran Distillery
La Martiniquaise
The Edrington Group
Key Developments:
In March 2019, William Grant & Sons Scotch Whiskey entered into partnership with a block chain tech company Arc-net for releasing new variety of whiskey capable of capturing full distilling and manufacturing process. This allows the customers to track their whisky from source to the store, ensuring authenticity and traceability.
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.
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Deodorant is a substance, which is applied on the body parts to prevent body odor caused due to the bacterial breakdown of perspiration in feet and armpits, among other body parts. Deodorant consists of aluminum chlorohydrate, aluminum sulfate, and aluminum chloride among other ingredients.
Top Keyplayers in this Market are as follows: Unilever plc, Avon Products, Inc., Beiersdorf AG, Adidas AG, CHANEL International B.V., Estée Lauder Companies, Shiseido Company, Limited, Yardley of London, The Procter & Gamble Company, Raymond Group, and Godrej Consumer Products Limited.
Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/3616
Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Outlook:
Deodorant are available in various forms such as push-up sticks, liquid roll-ons, and body sprays, among others. These deodorants can be further segmented into premium, mid-priced, and low-priced on the basis of pricing.
Various product developments and product launches by major players are expected to drive growth of the deodorant market over the forecast period. For instance, in February 2019, Unilever, a consumer goods company headquartered in Europe launched its new segment of deodorant wipes and mini sprays. This launch included deodorant wipes for its five brands and mini deodorant sprays for its four brands which include brands such as Axe, Dove and Degree. Such product launches are expected to expand company’s product portfolio and thereby aids the company in gaining a competitive edge over other market players in the global deodorant market.
Moreover, in April 2018, Dove, a brand of Unilever launched its new deodorants with a floral touch. This includes Dove’s invisible line of deodorants, which include Floral Touch Products such as aerosol, push-up stick, and roll-on. Furthermore, this product launch helped the company in attracting female customers due to its fragrance, invisible form, and new pink packaging.
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Lithium carbonate is an inorganic compound, the lithium salt of carbonate with the formula Li2CO3. This white salt is widely used in processing metal oxides and treating mood disorders. The major factor driving the market is the increasing use of lithium carbonate in different industries such as electronics and electrical. Moreover, lithium carbonate is used in the form of batteries in portable electronic devices which is expected to drive growth of the market over the forecast period.
Top Keyplayers in this Market are as follows: SQM S.A., Orocobre Limited, Albemarle, Nordic Mining ASA, Simbol Mining, Western Mining Co., Ltd., Galaxy Resources Limited, FMC Corporation, Tibet Mineral Development Co., Ltd., International Lithium Corp., and Livent.
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Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Outlook:
Among grade, the battery grade segment is expected to gain significant market share over the forecast period owing to increasing demand from the electronics industry. According to the India Brand Equity Foundation’s data on Electronic and Computer Software Industry and Exports, published in December 2019, the revenue generated from the export of consumer electronics from India reached US$ 148.9 Mn between April and July 2019. Moreover, as per the same source, the top export destinations from India for consumer electronics included U.S., U.K., Singapore, Israel, and Belgium among others.
Therefore, increasing demand for consumer electronics is expected to drive the demand for batteries. This is a major factor for the growth of the global lithium carbonate market.
Lithium carbonate is used for manufacturing cement and aluminum. For instance, lithium carbonate is mainly used as an accelerator for setting mortar and cement at a faster rate in case of high alumina based cement. The increasing number of construction activities is expected to be another factor driving demand for lithium carbonate. According to data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development in June 2019, the number of newly completed residential buildings was about 900 thousand units in May 2014 which increased to 1200 thousand units in May 2019.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Paper and board are made from natural fibers which are recyclable. Carton boxes are effective packaging solution, which offers protection against breakage and damage during transit or storage. This packaging has application in various end-use industries such as food and beverages, electronics, consumer goods, healthcare, and personal care and cosmetic industry.
Top Keyplayers in this Market are as follows: International Paper Company, The Smurfit Kappa Group plc, WestRock Company, Cascades Inc., Amcor plc., Graphic Packaging International, LLC, Stora Enso OYJ, All Packaging Company, and Georgia-Pacific.
Market Dynamics:-
Rising government support for e-Commerce or online retailing fueled demand for board packaging across the globe in 2018. According to the data provided by the US Department of Commerce and International Trade Administration, in 2016, the Malaysian Ministry of International Trade and Industry (MITI) launched a new e-Commerce initiative, in order to focus on small and medium-sized enterprises under e-Commerce and to expand market access for over 87 million digital customers in ASEAN region.
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Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Outlook:-
Europe accounted for significant market share in the global board packaging market in 2018, owing to new product launches of board packaging by key players to strengthen their position in the market. For instance, in 2019, Smurfit Kappa Company launched new corrugated board range named as TopClip for beverages in the market. The new TopClip features two die-cut holes so it can be handled easily in store. The product is specially designed to replace single use plastic for bundling canned and bottled beverages. It is plastic-free and 100% recyclable, renewable, and biodegradable.
Key Developments:-
Key players are adopting various in-organic growth strategies such as new product launches, mergers and acquisitions, partnerships, and collaborations, in order to gain market share in the global board packaging market. For instance, in 2019, the U.S based company True Salt launched recyclable cardboard box for retail and hospitality product distribution. The new three-pound box is made for retail and hospitality product distribution. The company has selected 100% recyclable cardboard for its packaging. The company offers a range of salts including flake salts and cocktail salt for beverages.
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Flexible packaging is a packaging film that is produced from flexible materials which can be used to package different shapes and size of the product. It is made up of paper, plastic, foil, sheet, laminated sheet, and metal sheet. They ensure protection from damage during transportation and storage. They increase shelf-life of the product and also reduce the production waste as it offers the least packaging possible. Flexible packaging uses fewer materials than rigid containers and also consumed less energy during production. Furthermore, it releases fewer greenhouse emissions which make a better solution for a sustainable environment.
The global flexible packaging market is projected to surpass US$ 400 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.4% during the forecast period (2019 to 2027).
Top Keyplayers in this Market are as follows: Amcor Limited, Bemis Company, Sealed Air Corporation, Berry Plastics Group, Inc., Mondi Group, Sonoco Products Co., Huhtamäki Oyj, Constantia Flexibles Gmbh, Ampac Holdings, Llc, Bischof + KleinInternational, Wipak Group, AR Packaging, Goglio Group, Schur Flexibles, Clondalkin Group, Flair Flexible Packaging Solution Cellpack Packaging, and Südpack Verpackungen
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Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Trends
In recent past years, the market for flexible packaging has experienced numerous merger and acquisition activities, resulting in industry consolidation. Most of these events were happened in the North America and European markets. For instance, in January 2016, Huhtamaki Oyj acquired FIOMO, a.s., a manufacturer of flexible packaging based in the Czech Republic. The objective of this acquisition was to enhance the company’s manufacturing footprint in Europe.
The shift in trend from two- and three-layered films to seven- and nine-layered films due to its advantages such as extended shelf with fewer chances of contamination is expected to augment the market growth of flexible packaging film. For instance, in August 2015, Clondalkin Flexible Packaging Wentus announced the introduction of a new seven-layer barrier film under the brand name WENTOPRO for dry food products. The new film offers a high barrier against moisture and mineral oil saturated hydrocarbons (MOSH) and mineral oil aromatic hydrocarbons (MOAH).
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High purity quartz is important industrial materials used across high-end electronics applications such as semiconductors, lighting, and photovoltaic (PV) solar panels. It is used to produce glass that has excellent optical transmission properties and the ability to withstand extremely high temperatures and warm stuns. Moreover, quartz is also used in the manufacturing of photovoltaic cells, silicon metal, and halogens. Furthermore, high purity quartz is also used in the manufacturing of fiber optics.
The global high purity quartz market is projected to reach around US$ 1,331.0 million by the end of 2027, in terms of revenue, growing at CAGR of 8.5% during the forecast period (2020-2027).
Top Keyplayers in this Market are as follows:
The Quartz Corp.
Russian Quartz LLC – Kyshtym Mining - Sumitomo
Unimin Corp./Sibelco
Other Small Players
Jiangsu Pacific Quartz Co.
Potential Upcoming Players
High Purity Quartz Pty Ltd
Nordic Mining
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Growth in the telecommunication and optical fibers industry is projected to foster the market growth of high purity quartz. The rising demand for a high bandwidth network coupled with the increasing penetration of the internet around the globe is anticipated to fuel the market growth of high purity quartz.
Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Opportunities
Rising demand for high purity quartz is an important ingredient in the manufacturing of Si metal is expected to provide potential growth opportunities. Manufacturing of Si metal has a wide range of industrial applications such as semiconductors to produce poly-silicon. Moreover, emerging new and niche application area due to its excellent chemical and physical resistance of high purity quartz is also anticipated to propel the market growth of high purity quartz.
Rapid urbanization and industrialization around the globe coupled with the increasing per capita income of the consumers are propelling demand for advanced electronic products. Moreover, rising awareness regarding the benefits of high purity quartz as an industrial product across the developing region is further anticipated to accelerate market growth.
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Emulsion styrene butadiene rubber (E-SBR) is widely utilized in polymer modification of asphalt emulsions, which is used in the production of micro-surfacing fix formulation and hip seal. The stability in high temperature and flexibility in low-temperature exhibited by the polymers, which are modified using E-SBR is expected to drive the global emulsion styrene butadiene rubber market growth over the forecast period. The global emulsion styrene butadiene rubber market is estimated to reach US$ 8,380.3 million by the end of 2027, exhibiting a CAGR of 4.0%, in terms of value over the forecast period, owing to increasing demand for emulsion styrene butadiene rubber from various end-use industries such as automotive, construction, and others.
Top Keyplayers in this Market are as follows: Arlanxeo, China Petroleum & Chemical Corporation (SINOPEC), Indian Synthetic Rubber Ltd. (ISRL), JSR Corporation, Kumho Petrochemical Co., Ltd., LG Chem. Ltd., PetroChina Company Ltd., Reliance Industries Ltd., Sibur Petrochemical Company, Synthos, Taiwan Synthetic Rubber Corporation (TSRC), Trinseo, Versalis S.p.A. (Eni), and ZEON Corporation.
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The global emulsion styrene butadiene rubber market was valued at US$ 6,458.3 million in 2018, and is expected to exhibit a CAGR of 4.0%, in terms of revenue over the forecast period (2019-2027).
Geographies covered:
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
North America: U.S., Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Source: Coherent Market Insights, 2018
Among product type, cold E-SBR segment accounted for the largest market share, in terms of revenue in the global emulsion styrene butadiene market. Cold E-SBRs can be manufactured at about 5°C by free-radical emulsion polymerization of styrene and butadiene. Various advantages offered by Cold E-SBR is expected to drive demand for E-SBR over the forecast period. For instance, cold E-SBR have better resistance to abrasion, and also provides better tread wear, as compared to hot E-SBR. Apart from these properties, cold E-SBR exhibits superior mechanical properties such as tensile strength compared to grades manufactured by hot emulsion polymerization.
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Car rental service is a hire car agency that enables the customer to rents automobiles at affordable rates. This agency is usually located near airports and busy city areas. Car rental services are mainly opted by people who require a vehicle for the temporary and who do not want to own a car. Moreover, car rental services are also ideal for owners of damaged vehicles and looking for repair or insurance compensation. Furthermore, car rental services also provide additional benefits such as navigation systems, entertainment systems, portable Wi-Fi, insurance, and child safety seats.
The global car rental market is projected to surpass US$ 220.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 13.6% during the forecast period (2020 to 2027).
Top Keyplayers in this Market are as follows: Enterprise Holdings, The Hertz Corporation, Avis Budget Group, Europcar Group, Carzonrent, Sixt SE, Al Futtaim Group, Localiza - Rent a Car, Eco Rent a Car, and GlobalCARS
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Segments covered:
By Material Type: Intercity/Local Usage, On-Airport, Intra-City/Outstation, Others
By Car Type: Luxury Cars, Executive Cars, Economy Cars, SUV's, MUV's
Geographies covered:
North America: U.S., Canada
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Trends
Various industry players are introducing mobile apps for the customer in order to ease the booking and allow the consumer to choose the vehicle of their choice from the portfolio. For instance, in February 2020, Share Car, a car-sharing service based in Indonesia, has introduced its new car sharing app. The app can be installed on both Apple iOS and Android smartphones. Thus, the increasing launch of such apps is expected to augment the market growth.
The rising trend of sharing cars among consumers is expected to bolster the market growth of the car rental. For instance, in October 2019, Ola introduced a new car-sharing service Ola Drive for building a holistic shared mobility landscape in India. It was initially introduced in Bengaluru, later will expand its availability to Hyderabad and Delhi.
Growth Drivers:
Ease in booking via online service owing increasing penetration of smartphones and rising use of internet
Growth in the tourism industry across the globe
Increasing per capita income of the consumers in the developing countrie
Restraints & Challenges:
Fluctuating prices of crude oil due to the gap between demand and supply
Low cost of public transportation services such as buses and trains
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Coherent Market Insights
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The increasing awareness regarding health benefits of eggs such as presence of protein and vitamins among others is expected to drive growth of the egg processing market across the globe. The increasing demand for eggs from the food industry is another factor contributing to the market growth. According to the U.S. Department of Agriculture, in 2012, the per capita consumption of egg was 254 per person per year which increased and reached 279 eggs per person per year in 2017.
The global egg processing market is projected to surpass US$ 40.2 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.3% during the forecast period (2020 to 2027).
Top Keyplayers in this Market are as follows: Avril, Cal-Maine Foods, Inc., Eurovo S.R.L., Lactosan-Sanovo Holding A/S, Moba B.V. and ACTINI GROUP
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Segments covered:
By Product Type: Dried Egg Products, Liquid Egg Products and Frozen Egg Products
By Application: Bakery & Confectionery, Dairy Products, Ready-to-Eat, Soups & Sauces and Others
Geographies covered:
North America: U.S., Canada
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Opportunities
Key players are focusing on launching new products to create growth opportunities at a global level. For instance, in September 2018, SKM Egg Products introduced egg white cubes in India. These cubes are made from egg white cube which can be used in various food items or as a ready-to-eat meal. Moreover, these egg white cubes are zero-fat and zero-cholesterol products which is expected to attract a larger consumer base during the forecast period and help the company in increasing its market position.
Growth Drivers:
Increasing awareness regarding the various health benefits of processed eggs
Increasing demand for consumption of eggs
Restraints & Challenges:
Increasing awareness regarding healthy living and higher intake of vegan food products
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Pea protein is a plant-based protein that is derived from yellow and green peas. They are widely used in protein supplements and various food applications. Pea protein is a rich source of essential amino acids that are required for the healthy functioning of the body. Consumption of pea protein enhances the blood circulation and calcium absorption in the body. Moreover, it also stimulates the healthy growth of the muscles.
The global pea protein market is projected to reach around US$ 117.0 million by the end of 2027, in terms of revenue, growing at CAGR of 12.2% during the forecast period (2020-2027).
Top Keyplayers in this Market are as follows: Burcon Nutrascience, Cosucra Groupe Warcoing, Nutri Pea Limited, Sotexpro, Roquette Freres, Glanbia Plc., Fenchem Biotek Ltd., Prinova Group LLC, and Yantai Shuangta Food Co.
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Segments covered:
By Type: Isolates, Concentrates, and Textured
By Application: Bakery & Snacks, Dietary Supplementation, Beverages, and Meat Analogs/Substitutes
Geographies covered:
North America: U.S., Canada
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Opportunities:
Shifting consumer’s preferences for plant-based beverage formulations is expected to serve major growth opportunities to the market of pea protein. For instance, in October 2018, DuPont launched pea protein for beverages. A new pea protein ingredient called TRUPRO 2000 is designed specifically for beverage applications. TRUPRO 2000 delivers superior flavor and mouth feel performance in beverage powders. Hence, the growing demand for plant-based beverage formulations is expected to accelerate the market growth.
Growing demand for high protein formulations among health-conscious consumers is projected to offer lucrative opportunities to the the market of pea protein. The rising number of people visiting the gym and diet center that recommend people to consume a rich source of protein food products, energy drinks, and other healthy food products is further expected to augment the market growth. Thus, rising demand for high protein formulations is projected to foster the market growth of pea protein.
Restraints & Challenges:
Availability of low cost alternatives such as milk protein, egg protein, wheat protein, and soy protein
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Melamine formaldehyde is a resin produced by a combination of melamine. It is a hard polymer and exhibits excellent resistance to thermal, UV, and corrosion. Moreover, it is highly durable with low fire susceptibility. Construction and building, automotive, electronics, packaging, chemicals, and wood & furniture are some of the key end-users of melamine formaldehyde.
The global melamine formaldehyde market accounted for US$ 20,620.1 Mn in terms of value and 15,571.5 Kilo Tons in terms of volume by end of 2019.
Market Drivers:
The rise in the manufacturing industries around the globe is predominantly propelling the market growth of the melamine formaldehyde. Increasing use of melamine-formaldehyde resins in the manufacturing of bathroom accessories, receptacles, dinnerware, kitchen utensils, appliance components, laminates, textiles, and adhesives is again augmenting the market growth. Furthermore, melamine-formaldehyde is also used in the surface coatings, particleboard, particleboard, and laminates are further expected to foster the market growth of melamine formaldehyde.
The growing demand for melamine formaldehyde from the coatings industry is projected to accelerate market growth. It is used in the coatings of the automobiles surfaces, metal coatings, etc. Therefore, the market is also gaining growth on the account of the rise in the coating manufacturing industries. Also, an increase in the development of the infrastructure around the globe is again expected to raise demand for coatings. Thus, the high consumption of the melamine-formaldehyde from coating industries is expected to augment the market growth.
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Market Opportunities:
Increasing research and development programs by key manufacturers to develop new and innovative melamine-formaldehyde with fewer environmental impacts is projected to offer lucrative opportunities. Moreover, increasing use of melamine formaldehyde in the adhesives for exterior wood panels as they offer better water resistance is again expected to foster the market growth of the melamine formaldehyde. In addition to this, the growing use of the product in the production of wood flooring tiles from bamboo, laminates, and sawmill waste timbers is further projected to propel the market growth.
Growing demand for melamine-formaldehyde resins for molded into various heat-resistant and translucent powders is expected to bring new market opportunities. These powders are used in tableware, ashtrays, small appliance housing and components, insulators, and utensil handles. Moreover, melamine-formaldehyde offers excellent strength and high decorative properties along with the flame and thermal resistance properties which is further fostering the market growth of the melamine-formaldehyde.
Market Trends:
Increasing disposable income of the consumers is encouraging them to spend on home decor products such as furniture. This trend is expected to foster the market growth of the melamine-formaldehyde. Moreover, the rise in the population around the globe is creating demand for the housing sector which is again boosting demand for furniture. Also, improving standard of living of the consumers coupled with the growth in the urban populations across developing regions is further fostering the market growth.
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Competitive Landscape:
1. BASF SE
2. Chang Chun Plastics Co. Ltd.
3. Georgia Pacific Chemicals LLC
4. Chemiplastica SpA
5. MPC Ferrostaal GmbH
6. Chemisol Italia Srl
7. Mitsui ChemicalsInc
8. INEOS Group Holdings SA
9. Nissan Chemical Industries Ltd.
10. Borealis Agrolinz Melamine GmbH
11. Momentive Specialty Chemicals, Inc
12. Panasonic Corporation
13. OCI Nitrogen BV
Market Segmentation:
Global Melatonin Market, By Application:
Tableware
Laminates
Paints & Coatings
Adhesives
Sanitary Ware
Electrical & House
Others
Global Melatonin market, By Region:
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Middle East
Africa
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.
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A bioplastic material is a biological product made out of non-biological biomass sources, such as cellulose from wood. Unlike traditional plastics, bioplastic materials are made over many different processes. Some biodegradable bio-plastic may degrade within a 180 day period, provided the right environment exists. Other bioplastics degrade over a much longer period, however, and they require special processes to make them more eco-friendly. The global bioplastic market is estimated to account for US$ 215 Bn in terms of value, growing at a CAGR of 25.8% during forecast period 2020-2027.
Market Drivers:
Growing environmental concerns is a prime factor driving market growth of bioplastic. Increasing demand for bio-based packaging materials from packaging industry is also projected to foster the market growth of bioplastic. Moreover, growing environmental pollution has encouraged key manufacturers to introduce bio-based plastic. Furthermore, rising health-related issues due to the burning of plastic is again expected to augment the market growth of the bioplastic.
The rise in the various manufacturing industries such as textile, agriculture, automotive & transportation, consumer goods, and building & construction has boosted the market growth. Bio plastic exhibit a unique and potential properties that helps in reducing Greenhouse Gas (GHG) emissions effectively. Moreover, increasing strict rules and regulation across countries such as Europe and the U.S. has also contributed to market growth. Additionally, increasing investment in the research and development in the field of bioplastics is further anticipated to accelerate market growth.
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Market Opportunities:
Growing demand for the bioplastic packaging industry due to growing awareness regarding the benefits of bioplastic is projected to bring new market opportunities over the forecast period. According to the report from European Bioplastics, the packaging remains the largest field of application for bioplastics with almost 53 percent (1.14 million tons) of the total bio plastics market in 2019. Thus, growing demand for bio plastic from the packaging industry is projected to uplift the market growth of bio plastic.
Increasing production capacity of bio plastic around the globe in order to cater to rising demand from various end-user industries is projected to offer profitable market opportunities. For instance, in August 2018, Kaneka Corporation has announced its plan to expand a manufacturing facility of a biodegradable polymer. The production capacity will be about 5,000 tons per year with an investment amount of 2.5 billion yen. Kaneka Biodegradable Polymer PHBH”, is derived from 100% plants and has superior biodegradability.
Market Trends:
Single-use plastic ban across countries such as Europe, North America, and Asia has significantly supported the demand for bioplastic. For instance, recently the European parliament has approved a new ban on single-use plastic cutlery, cotton buds, straws, and stirrers as part of a sweeping law against plastic waste that despoils beaches and pollutes oceans. The members will implement rule include measure to reduce the use of plastic, by 2025, plastic bottles should be made of 25% recycled content, and by 2029 90% of them should be recycled.
The growing trend of using bioplastic for producing electronic device covers, semiconductor casings, connectors, and circuit boards is expected to supplement the market growth. This can be done by using injection molding and bioplastic can be also be used to develop games consoles, vacuum cleaners, touch screen computer casings, headphones, keyboards, loudspeakers, laptops, mobile phone casings, etc.
Competitive Landscape:
1. BASF SE
2. Braskem S.A.
3. Koninklijke DSM N.V.
4. Arkema S.A.
5. Innovia Films, Ltd.
6. Metabolix, Inc.
7. NatureWorks, LLC
8. Novamont S.p. A.
9. The Dow Chemical Company
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Recent Developments:
In March 2018, Braskem SA, the biopolymer producer, has announced that it will supply the LEGO Group with its "I'm green" polyethylene, a globally certified plastic derived from sugarcane ethanol.
Market segmentation:
By Application
Bottles
Other Packaging
Automotive
Consumer Products
Food Services
Agriculture
Others
By Product
Bio-PET
Bio-PE
PLA and PLA blends
Biodegradable Polyester
Starch Blends
Bio-PA
PHA
Others
By Region
North America
Europe
Asia Pacific
Latin America
MEA
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.
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SEATTLE, May 20, 2020 (GLOBE NEWSWIRE) -- UV coating is an advanced technology that provide a glossy and shiny finish to the surface. UV coatings also protect the surface from harmful radiation. Moreover, UV coatings also offer an attractive look to the printed materials and are widely used for materials require glossy looks such as hand-out sheets, photography brochure, business cards, presentation folders, and catalogs. Furthermore, UV coatings provide excellent abrasion resistance property and consume less energy as compared to conventional coating technology. Additionally, this technology is environmentally friendly and ideal for image-rich assignments that require an attractive and shiny finish.
The global UV coatings market is projected to reach around US$ 6,563.6 million by the end of 2027, in terms of revenue, growing at CAGR of 6.0% during the forecast period (2020-2027).
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Drivers:
Growing environmental awareness coupled with the rise in the printing &coating industry is expected to propel the market growth of the UV coatings. Growth in the graphic arts &industrial applications such as wood, plastic, display, and paper coatings are also contributing to the market growth of the UV coatings. Moreover, low operational cost and ability to offer improved surface properties such as glossy and shiny finish is further anticipated to foster the market growth of the UV coatings over the forecast period.
The growing electronic industry across developing regions such as the Asia Pacific is expected to serve as a major driving factor. Growing wood coating application along with the rising awareness regarding the advantage of UV coatings is expected to augment the market growth over the forecast period. Moreover, growing various manufacturing facilities around the globe due to the development of the overall the economy is estimated to have a positive outlook on the market of the UV coatings over the forecast period.
Market Opportunities
The growing use of UV coatings technology for coating plastic is expected to open up a new opportunity to the market of the UV coatings. Rising demand for high-performance electronic products along with the increasing use of UV coatings in printing varnishes is also expected to foster the market growth of the UV coatings. Moreover, UV coating also offers superior coverage and light stability to the surface which is further expected to raise the product demand which is fueling the industry growth.
Advantages such as low VOC emission and less curing time is expected to expand its application across furniture industry. This is projected to provide potential growth opportunities to the market of the UV coatings. The growing use of UV coatings across end-use industries such as architecture, automotive, textile, aviation, and marine is also anticipated to augment the market growth of the UV coating over the forecast period.
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Key Takeaways
Among end-use industry, paper & packaging segment dominated the global UV coatings market in 2019 with a 25.6% of market share in terms of revenue.
Geographically, Asia Pacific dominated the UV coatings market in 2019, reporting 35.8% market share in terms of revenue. This growth is majorly driven due to increasing electronics industry which is fuelling the demand for high performance electronic coatings.
Market Trends
The rising trend of graphics art on plastic, glass, and wooden surfaces is expected to foster the market growth of UV coatings. A growing number of research &development activities by manufacturer in order to develop more eco-friendly UV coatings is projected to accelerate the market growth over the forecast period. Additionally, improving living of standard of the consumer due to increasing disposable income of is propelling demand for various consumer goods which is further expected to bolster the market growth of the UV coatings.
The growing trend of using UV coating technology across flexographic and 3D printing applications such as labeling, advertising, and literature publications is expected to propel the market growth. UV technology is also gaining popularity due to its rising use as an additive in ceramic and metallic effect inks in gravure printing application. These factors are expected to have a positive impact on the market of UV coatings in the near future.
Competitive Landscape:
Players operating in the market are BASF SE, Akzo Nobel N.V., Arkema Group, PPG Industries Inc., Axalta Coating System LLC., The Valspar Corporation, The Sherwin-Williams Company, Croda International Plc., Watson Coatings, Inc., Allnex Belgium SA/NV, Sokan New Materials, and Dymax Corporation.
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Market Segmentation:
By Base Type
• Water-based
• Solvent-based
By Composition
• Monomers
• Oligomers
• Polyester
• Polyether
• Polyurethane
• Epoxy resins
• Photo-initiator
• Additives
By End-Use Industry
• Wood & Furniture
• Electronics
• Automotive
• Paper & Packaging
• Industrial Coatings
• Buildings & Construction
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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Micro-irrigation systems are an advanced irrigation system that provides water to the cultivation land in the form of sprinkles and spray. This system can be classified into sprinkler irrigation, lateral, move irrigation, drip irrigation, and center-pivot irrigation. Micro-irrigation systems are highly efficient solution in term of optimizing water consumption for crops and safeguard crop from abiotic and biotic stresses.
The global micro irrigation systems market was estimated to account for US$ 5,687. Mn in terms of value by the end of 2019.
Top Keyplayers in this Market are as follows: Netafim, Jain Irrigation System Limited, John Deere & Company, EPC Industries, ELGO Irrigation Ltd., Hunter Industries, Inc., Lindsay Corporation, Valmont Industries, Inc., and Rain Bird
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Segments covered:
By Type: Sprinkler irrigation, Drip Irrigation, Center-Pivot Irrigation, and Lateral Move irrigation
By Crop Type: Plantation Crops, Orchard Crops, Field Crops, Forage & Turf Grasses, and Other Crops
By Application: Agriculture, Large Gardens, Lawns (Household), Public Parks, Sports Grounds, and Other Applications
Geographies covered:
North America: U.S., Canada
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Opportunities
The market of micro irrigation systems exhibits strong growth opportunities in the Asia Pacific region, especially in India. According to the Coherent Market Insights analysis, of the total 69 million hectares area under cultivation in India, only 5 million hectares is under sprinkler and drip irrigation. Thus, there is a large untapped Indian market offering tremendous growth potential for micro irrigation systems market.
The ability of micro irrigation systems to avoid the growth of the weed and enhance the yield production is projected to provide lucrative opportunities. Moreover, this system also saves nutrient content present in above and below the soil surface which is further expected to increase product penetration. Furthermore, unfavorable climatic conditions across MEA regions will favor the market growth of the micro irrigation systems.
Restraints & Challenges:
High investment and regular maintenance cost associated with the micro irrigation systems hinders the market growth
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Smartwatches are wearable computing devices that resemble wristwatch but come with added advanced features such as weather update, messaging, enable call making, connection to the internet, Bluetooth-enabled, GPS, and more. Moreover, it also offers an answering messages by voice and fitness tracking app.
Statistics:
Global smartwatches market was valued at US$ 23,306.4 Mn market in 2019 and is forecast to reach a value of US$ 5, 97,264.4 Mn by 2027 at a CAGR of 53.6% between 2015 and 2025.
Top Keyplayers in this Market are as follows: Pebble Technology Corporation, Samsung Electronics Co. Ltd., Nike Inc., Garmin Ltd., Sony Electronics Inc., Fitbit Inc., Martian Watches, ConnecteDevice Ltd. (COOKOO), and Apple Inc.
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Segments covered:
By Price Range: High-End Smartwatches, Mid-End Smartwatches, and Low-End Smartwatches
By Operating System: Android Wear, Watch OS (iOS), and Others
Geographies covered:
North America: U.S., Canada
Latin America: Brazil, Argentina, Mexico, Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Africa
Market Opportunities
Continuous product innovation by key players is projected to bring new market opportunities over the forecast period. For instance, in December 2019, Garmin has launched the Venu and Vivoactive 4 smartwatches in India. Venu smartwatch is the first watch from the company that will have an AMOLED screen. Both the smartwatches contain over 40 on-device animated workouts for strength training, cardio, yoga, and pilates.
A growing number of people participating in the sports activity due to increasing adoption of a healthy lifestyle is expected to offer lucrative opportunities for smartwatches. Moreover, the growing popularity of smartwatches among almost all age-groups is also expected to boost the adoption of these watches. Moreover, rising demand for cellular-connected wearable devices is further projected to foster the market growth of the smartwatches.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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