Cable Material Market – This is How Leading Companies Are Dominating the Global Industry

According to latest research by Future Market Insights, Cable Material market is set to witness steady growth, expanding at a CAGR of 4-5% during 2021-2031. The power cables market is one of the fastest growing markets in the global cables market category. Demand for Cable Material will witness steady growth in short-term, with high potential growth opportunities in the long-run.

Demand from electrical industry will remain the backbone of the market, however new opportunities in the future will also come from sales in Telecom sector.

What is Driving Demand for Cable Material?

Rise in global population and increase in disposable income of consumers are key factors boosting the demand for residential homes and various other construction projects. This is estimated to propel the demand for power cable materials over the next few years.

Furthermore, increasing technological advancements in material sciences, improved synthetic insulating compounds which has been developed from thermoplastic, thermosetting and fluorocarbon materials. These materials are widely used for developing power cable insulation and jacketing. Thus, growing power cable usage is anticipated to fuel the market demand in the forthcoming years.

The developed countries are integrating wind and other renewable energies, and are expanding their power transmission and distribution networks to extent electrification to remote and rural areas. HVDC cables in the electrical transmission, LV cables for building and vehicles, and active fiber optic cable market in the telecom are huge areas for market growth.

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Power Sector to Propel Market Sales

Increasing demand for electricity in the emerging and developed countries, backed by increasing investment in infrastructure, is expected to drive the cables market globally.

Moreover, an intelligent cable technology has been developed that can analyze and record different parameters throughout the cable system. This technology is expected to make energy and data streams more secure and efficient that create a lucrative opportunity for the market in the upcoming years.

But the outbreak of the ongoing COVID-19 pandemic have a strong impact on the overall growth of the global cable materials market in 2020. The global market will grow at a sluggish rate in the year due to minimum industrial activity in several regions of the world, supply chain barriers, and restrictions on cross-border trade and transportation.

With closure of the automotive sector, delay in construction projects, and low demand from various end-use industries, the global cable materials market is expected to grow at a slow pace. However long term outlook remains stable given the strong demand from power infrastructure development.

US and Canada Cable Material Market Outlook

U.S. and Canada are expanding their existing renewable power generation plants to cope with the rapidly increasing power demand which, in turn, has created a significant need for power cables.

U.S. and Canada witnessed rapid increase in data consumption, which has resulted in investments by companies such as AT&T and Verizon in fiber optic network in the region. This factor is boosting the demand for cable materials in this countries.

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Increasing demand for electricity in the emerging and developed countries, such as China, India, Germany, the U.S. and the U.K., backed by increasing industrialization and urbanization and demand for LV cables is expected to drive the power cables market globally.

Asia Pacific Demand Outlook for Cable Material

Increase in demand from the ICT sector especially in China, India, Malaysia and high demand in intelligent systems and IoT are the key drivers of the telecom cables market.

Volatility in raw material prices and an increase in competition has created pressure on the manufacturers’ profit margin, due to which, some of the global players in the industry have shifted their production facilities to APAC region that facilitate low cost of manufacturing.

Asia Pacific holds a major share of the global cable materials market. Energy demand in Asia Pacific is projected to rise at a rapid pace during the forecast period with simultaneous increase in energy usage in sectors such as industry, transport, and household, and in newly electrified rural areas in countries of the region.

China accounts for almost 25% of the global primary energy consumption. Moreover, demand for housing among the middle-income group in India is expected to increase over the next few years. The Government of India is taking active steps to bridge the gap between demand and supply.

As per an estimate, every year, 2 million new housing units are built in urban areas, while 4.5 million units are built in rural areas of the country. These factors are likely to drive the wire and cable materials market in Asia Pacific during the forecast period.

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Who are the Key Manufacturers and Suppliers of Cable Material?

Some of the leading manufacturers and suppliers of Cable Material include

  • Celanese Corporation
  • BASF SE
  • NITTO DENKO CORPORATION
  • Alphagary
  • 3M
  • DuPont
  • Dow
  • ITW Formex
  • Elantas GmbH
  • Nikkan Industries Co. Ltd
  • dr Dietrich Mueller GmbH
  • dr Dietrich Mueller GmbH
  • Exxon Mobil Corporation.

Many leading manufacturers and suppliers have longstanding contracts with end-users to supply Cable Material. Further, many manufacturers are looking towards developing high performance materials which have increased chemical resistance and can withstand harsh environments.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments

By Material Type:

  • XLPE
  • PVC
  • HDPE
  • Rubber
  • Others

By End Use Industry:

  • Electrical
  • Telecom/Datacom Cable

By Application:

  • Power Cable
  • Ext & Int. Telecom
  • Winding Wire
  • Fiber Optic Cables
  • LV energy

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/cable-material-market
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Acetoacetanilide Market Innovations, Technology Growth and Research 2022-2031

According to latest research by Future Market Insights, Acetoacetanilide market is projected to grow with a CAGR of more than 5% during the forecast period 2021-2031. Demand is surging at a significant rate owing to growth in number of end use industries and expanding demand for plastic products. Moreover, growing demand for agricultural products due to rise in population across the globe is providing required momentum to the market.

What is Driving Demand for Acetoacetanilide?

Acetoacetanilide find its application in formulation of pigments which in turn are used as important ingredient for production of paints, ink, and coatings etc. Paint and coatings industry is witnessing significant growth due to various macro economic factors like growing GDP and increased residential and commercial construction spending. This growth in paints and coating industry is fueling Acetoacetanilide sales across the globe during the forecast period.

The environmental regulations imposed on the use of toxic ingredients in the production of paints and coatings has led to a surge in development and use of water based paints and coating products. Such aspects open new opportunity areas for the sales of pigment products, thus helping market growth.

Acetoacetanilide also finds its application in formulation of agrochemicals. Demand for agrichemicals is witnessing remarkable growth owing to growing demand of better crop yield which in turn promoting the sales during the forecast period.

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Rising Agro Product Demand to Augment Sales

Due to increase in population across the globe the demand for agro products in increasing remarkably and expected to carry the same trend for the forecast period. To cater this vast demand need for better crop yield and per hectare production is increasing, which in turn elevating the sales of agrochemicals which increases the sales of Acetoacetanilide.

In addition, product also finds its applications in the printing inks industry. Also, Paints and Coating Industry is experiencing significant growth due to various factors like rise in construction industry and increasing sustainable materials. These factors are anticipated to promote the demand during the forecast period.

U.S. and Canada Acetoacetanilide Market Outlook

U.S. is one of key market for the product owing to the strong presence of agrochemical manufacturers and growth of paints and coatings industry. Demand from agrichemical sector is rising due to involvement of manufacturers in R & D activities. Demand for sustainable agrochemicals having Acetoacetanilide as an ingredient is rising across the US and Canada.

Additionally, Paints and Coatings industry is also witness strong growth in the countries due to increase in construction activities and rising demand for products from automotive sector in the countries. However, US construction industry is facing a challenging year due ongoing pandemic but the industry is like to recover in the near future due to rise in construction activities across the country which in turn benefits the paints and coatings industry which in turn promoting the sales during the forecast period.

Asia Pacific Demand outlook for Acetoacetanilide

East Asia is one of the most lucrative market across the globe owing to the strong presence of manufacturers of Acetoacetanilide as well as end use industries. East Asian countries of China, Japan and South Korea are prominent markets for the consumption owing to rising demand from several end use industries such as pharmaceuticals, agriculture, paint & coatings, plastic, and other industries.

In addition, the region has strong demand from the paints and coating industry in countries such as Indi and ASEAN region as well, owing to vast residential and commercial construction sectors. Rising demand for the products from manufacturing industries is propelling paints and coating industry which in turn promoting the sales during the forecast period.

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Who are Key Manufacturers and Suppliers of Acetoacetanilide?

Some of key manufacturers and suppliers across the market are

  • Eastman Chemical
  • Mitsuboshi Chemical Co. ltd.
  • Nantong Acetic acid Chemicals Co. Ltd.
  • Cangzhou Goldlion Chemicals
  • Laxmi Organic Industries
  • Jiangsu Changyu Chemicals
  • Hangzhou Dayangchem
  • Shanghai Qidian Chemicals
  • Jiangsu Tiangcheng Biochemicals Products
  • Jiangzhou fine chemicals

Manufacturers are engaged in research and development of products to cater the demand and remain ahead of their key competitors. Manufacturers are involved in long term partnerships with end users to mitigate the fluctuations in demand.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments

By Form:

  • Dry Powder
  • Wet Solid

By Application:

  • Co-promoter
  • Pesticides
  • Pigments
  • Others

By End Use:

  • Agriculture
  • Pharmaceutical
  • Plastic
  • Paint and coatings
  • Others

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Future Market Insights Inc. is Knowledge Partner at Gulf Coatings Show, Sharjah, 17-19 October 2022 where we will be launching our Market Report ‘Coatings 2022: State of the Industry in Middle East’, Register to receive a digital copy of the Market Report and to join our content sessions.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/acetoacetanilide-market
For Sales Enquiries: sales@futuremarketinsights.com
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Pre-made Pouch Packaging Market Size & Industry Trends Report for 2022-2029

Future Market Insights (FMI) delivers vital insights on the pre-made pouch packaging market, in its published report titled, ‘Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2022-2029’. In terms of revenue, the global pre-made pouch packaging market is projected to expand at a CAGR of over 4.4% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

Pre-made pouches are usually adopted for food packaging in addition to packaging of pharmaceuticals, and cosmetic & personal care products among others. As most stand-up pouches are pre-made pouches, the demand for pre-made pouch packaging is expected to rise steadily during the forecast period. Food remains a prominent end-use industry for pre-made pouch packaging, whereas packaging of fruits & vegetables, meat, poultry & seafood, bakery & confectionery, ready-to-eat meals, dairy products, and pet food all use pre-made pouch packaging owing to their lightweight and easy-to-carry nature.

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Developed Regions Reign Supreme, East & South Asia to Account for a Third of Global Market Value in 2019

Geographical analysis of the global pre-made pouch packaging market reveals that Europe holds more than 1/4th of the global market and is expected to maintain its prominence in the global pre-made pouch packaging market. Germany is one of the leading markets in the Europe pre-made pouch packaging market, while countries such as Russia and Spain are projected to witness relatively higher growth in pre-made pouch packaging demand during the forecast period. This can be attributed to the growing demand for packaged food in the region. Additionally, pre-made pouch packaging manufacturers in the region are offering pouches with innovative features such as easy-to-open and easy-to-close, which are re-sealable. This is expected to stir consumer interest in products packed in pre-made pouch packaging solutions.

Despite being a matured market, North America is expected to exhibit remunerative growth opportunities for pre-made pouch packaging in the coming years. Many organized players from the pre-made pouch packaging industry are based out of the U.S. Most of these companies are expanding their product lines of pre-made pouch packaging solutions, which is expected to result into a highly competitive market in the region. Moreover, consumer convenience trends such as re-closability, re-usability, and easy carriage are major drivers for the growing demand for pre-made pouch packaging solutions in the region. The U.S. holds the most prominent share in the North America market as the country is estimated to account for more than 85% of the North America pre-made pouch packaging market in 2022.

In 2019, South Asia & East Asia cumulatively are expected to account for nearly 1/3rd of the global pre-made pouch packaging market. Among all Asian countries, Japan has been one of the early adopters of pouches, owing to urbanization and fast-paced lifestyle. The country currently represents about 1/5th of the East Asian pre-made pouch packaging market and is projected to expand 1.6X its current value by the end of the forecast period. Moreover, China is estimated to be prominent in the Asian pre-made pouch packaging market and account for more than 70% of the East Asian market owing to the growing population & their consumption of packaged food.

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Competitive Landscape

Leading manufacturers of pre-made pouch packaging systems are following the path of strategic mergers & acquisitions to strengthen their foothold in the global market. Increasing consumer demand for flexible packaging solutions has compelled market participants across the value chain to rethink their strategies to optimize their efficiency.

It is anticipated that manufacturers will continue to pursue M&A to enhance their capabilities and expand geographical presence in an attempt to lure more consumers inclined towards flexibility and convenience. Demand for transparency and aesthetic product appeal will continue to influence consumers’ buying decisions.

For instance,

  • In May 2020 – PPC Flexible Packaging, a supplier of unique flexible packaging for various markets, launched PPC Green, its new sustainability offering.

Key Players’ Analysis

Key players that have been profiled in the report on the pre-made pouch packaging market include Bemis Company, Inc., Uflex Ltd., Sealed Air Corporation, Mondi Plc, Glenroy, Inc., Sonoco Products Company, Ampac Holdings LLC, Berry Global, Inc., Paharpur 3P, Printpack, Inc., Accredo Packaging, Inc., Clifton Packaging Group Ltd., FLAIR Flexible Packaging Corporation, Gualapack S.p.A., Goglio SpA, Fres-co System USA, Inc., HBC Packaging, Scholle IPN Corporation, Thimonnier SASU, and Genpak Flexible among others. Several small-scale regional players are expected to contribute significantly to the growth of global pre-made pouch packaging market through the next decade.

For additional insights on the various other facets of pre-made pouch packaging industry, write in to press@futuremarketinsights.com

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Key Segments of Pre-made Pouch Packaging Industry Survey

By Closure Type:

  • Tear Notch
  • Spout
  • Zipper
  • Flip Lid & Others

By Material:

  • Plastic Pre-made Pouch Packaging
    • Polyethylene Terephthalate (PET)
    • Polyethylene (PE)
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • Polyamide (PA)
  • Paper Pre-made Pouch Packaging
  • Aluminum Laminates
  • Others

By End-use Industry:

  • Pre-made Pouch Packaging for Food
    • Fruits & Vegetables
    • Meat Poultry and Seafood
    • Bakery & Confectionery
    • Ready-to-eat
    • Dairy Products
    • Pet Food
    • Others
  • Pre-made Pouch Packaging for Pharmaceuticals
  • Pre-made Pouch Packaging for Cosmetics & Personal Care
  • Others

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/premade-pouch-packaging-market
For Sales Enquiries: sales@futuremarketinsights.com
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Bag Closures Market North America to hold the largest market Share during the forecast period — Future Market Insights

Worldwide bag closure sales are valued at around US$ 205 Mn for 2022. The global bag closures market is poised to expand at 5.7% CAGR and reach US$ 311 Mn by the end of 2030. Consumers’ growing preference for reusable packaged foods has sparked a surge in demand for bag closures in recent years. Growing demand for bread and confessional products presents a significant potential opportunity for bag closure consumption growth over the coming years.

As part of the quantitative analysis, we have provided regional Bag Closures Market forecasts by type and application, market sales forecasts and estimates by type, application and region to 2030, and Bag Closures Market global sales and production forecasts and estimates to 2030.

For the qualitative analysis, we focused on political and regulatory scenarios, component benchmarking, technology landscape, important Bag Closures Market topics, industry landscape and trends.

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“Since the majority of consumers want packaging that serves several purposes, the perception of bag closures has radically changed. Manufacturing businesses are investing in creating finished goods with recycled materials and engineering them to guarantee they last beyond the lifecycle of packed product, like twist ties and clips. For instance, twist ties have achieved it since they are used to bundle wires, secure plants, and hang various objects, relieving strain on rubbish, .”according to an FMI Analyst

Major conclusions from the global bag closure market

  • The food industry will continue to use bag closures the most, with a 1.7x increase in market value, as packaging of fruits and vegetables, baked goods, confectionary, meat, poultry, and other items remains a necessity.
  • Plastic, out of all materials, will present an additional potential of US$ 245 Mn by the end of 2030 because of its dependability as a material for packaging perishable goods in the FMCG sector.
  • As baked goods continue to be a part of basic foods, North America is likely to hold a lion’s share in terms of sales with a valuation of US$ 113 Mn by 2030.
  • Pre-cut twist ties to reach US$ 84 Mn by 2030 as they become preferred closures over clips due to evolving perspective towards minimizing usage of plastic in packaging

Top Key Players Covered-

  • Plas-Ties, Co.,
  • Kwik Lok Corporation,
  • Schutte Bagclosures B.V.,
  • Bedford Industries, Inc.
  • Multipack B.V.B.A.
  • International Plastics Inc.
  • Inno Bag Closure
  • Truseal (Pty) Ltd.
  • Vikela Aluvin Pty Ltd.
  • ITW Envopak Limited
  • T & T Industries Inc.
  • Zhenjiang Hongda Commodity Co., Ltd.
  • AndFel Corporation
  • Detmold Group
  • A. Rifkin Co.
  • HSA International Group.

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The biggest end user of this twist ties in the global bag closure market the confectionery industry. Characterized by short runs and small batch products, packaging requires manual effort. While clips were convenient, they are increasingly being replaced by twist ties as these a definitely reduce the plastic usage. The expansion and proliferation of bakeries from basic bread ones to gourmet has resulted in exceptional rise of bag closures.

Key Segments of Bag Closures Industry Survey

Bag Closures Market by Material:

  • Plastic Bag Closures
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polystyrene (PS)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
  • Paper & Paperboard Bag Closures
  • Metal Bag Closures

Bag Closures Market by Product:

  • Bag Closure Clips
    • Clip Bands
    • Multi-clips
  • Bag Closure Pre-cut Twist Ties
    • Twist-bands/Twist-strips
    • Tin Ties

Bag Closures Market by Application:

  • Bag Closures for Food
    • Bakery & Confectionery
    • Fruits & Vegetables
    • Meat
    • Poultry & Seafood
    • Ready-to-Eat Food
    • Others (Tea, Coffee, etc.)
  • Bag Closures for Non-food Applications
    • Garbage / Trash
    • Security Packaging
    • Others (Toys, Stationery, etc.)

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

Industrial Electronics Packaging Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2029

FMI added recently released new research report on Industrial Electronics Packaging Market by Top Manufacturers, Regions, Type and Application, Forecast provides updates and information related to industry coverage, current market competitive status, and market outlook. The market report titled Industrial Electronics Packaging Market  has company analysis, history, and future overview, global sales trends by 2029. It will be one of the most comprehensive and important additions for growth of the business through market research studies

The global industrial electronics packaging market currently enjoys a valuation of US$ 1.9 Bn, and is predicted to expand at a CAGR of 4.1% to attain a net worth of US$ 2.5 Bn by the end of 2029.

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Nearly 3.5% annual growth is expected in the volume consumption of industrial electronics packaging solutions, in 2022. As indicated by a new market research study of Future Market Insights (FMI), nearly 70% of the demand for industrial electronics packaging is generated by industrial controls and power electronics.

More than 90% of the overall industrial electronics packaging solutions are in the rigid format. Flexible packaging formats, although rapidly gaining ground across industries, holds a negligible share in packaging of industrial electronics.

Material-wise, plastics currently hold nearly 60% share in industrial electronics packaging materials and are likely to retain dominance in the global industrial electronics packaging market. The report opines that polyethylene (PE) will remain the most rewarding segment in the industrial electronics packaging market, followed by polyvinyl chloride (PVC), according to the report.

Top Key Players Covered-

  • DS Smith Plc.
  • Smurfit Kappa Group Plc.
  • UFP Technologies Inc.,
  • Sealed Air Corporation,
  • Achilles Corporation,
  • Desco Industries Inc.,
  • Botron Company Inc.
  • Kiva Container Corporation
  • Orlando Products Inc.
  • Delphon Industries LLC
  • Summit Container Corporation
  • Protective Packaging Corporation
  • Dou Yee Enterprises (S) Pte Ltd.
  • Dordan Manufacturing Company Inc.
  • GWP Group Limited
  • Pure-Stat Engineered Technologies Inc.
  • AUER Packaging GmbH
  • Emballages Cre-O-Pack International Inc.
  • Universal Protective Packaging Inc.

Asian Economies Hold Promising Investment Opportunities for Industrial Electronics Packaging Companies

North America is estimated to be the most prominent industrial electronics packaging market, the report also points to the robust growth in East Asia’s market attractiveness over the years to come. The East Asian market for industrial electronics packaging will thus remain a significant regional contender in the industrial electronics packaging landscape, according to FMI’s analysis.

In East Asia, Japan holds more than 50% of the market share, followed by China. South Asia is also cited as a highly lucrative investment pocket for manufacturers of industrial electronics packaging solutions, potentially outpacing other regional markets in terms of growth rate. Growth of South and East Asian market is attributed to robust manufacturing of consumer electronics and swelling demand for impact-resistant protective packaging solutions.

Europe is another prominent market for industrial electronics packaging, more than 60% of which is accounted by Germany. The country will continue to spearhead European market owing to towering rate of production of semiconductor components and equipment.

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Europe & the US Account for a Massive Share in Global Production of Industrial Electronics

Manufacturers of industrial electronics packaging are eyeing business expansion across countries with high consumer electronics production, as an effort to strengthen their foothold in the global industrial electronics packaging market. Leading manufacturers of industrial electronics packaging are either based out of the US or Europe, or have a strong presence in these regions, as both the markets hold a collective share of more than 60% in the global production of industrial electronics.

Key Segments of Industrial Electronics Packaging Industry Survey

Industrial Electronics Packaging Market by Product Type:

  • Testing & Measuring Equipment
  • Process Control Equipment
  • Industrial Controls
  • Power Electronics
  • Industrial Automation Equipment & Others

Industrial Electronics Packaging Market by Material Type:

  • Plastic Industrial Electronics Packaging
    • PE
    • PET
    • PS
    • PP
    • PVC
  • Paper & Paperboard Industrial Electronics Packaging

Industrial Electronics Packaging Market by Packaging Type:

  • Rigid Industrial Electronics Packaging
    • Corrugated Boxes
    • Containers
    • Protective Packs
    • Trays
    • Clamshells
    • Bin & Totes
    • Others
  • Flexible Industrial Electronics Packaging
    • Bags & Pouches
    • Tapes & Labels
    • Films & Others

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Industrial Electronics Packaging Market by Region:

  • North America Industrial Electronics Packaging Market
  • Latin America Industrial Electronics Packaging Market
  • Europe Industrial Electronics Packaging Market
  • East Asia Industrial Electronics Packaging Market
  • South Asia & Pacific Industrial Electronics Packaging Market
  • Middle East & Africa (MEA) Industrial Electronics Packaging Market

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/industrial-electronics-packaging-market
For Sales Enquiries: sales@futuremarketinsights.com
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Plastic Dielectric Films Market to reach a valuation of US$ 1.5 Bn by 2029

According to a recent study of Future Market Insights (FMI), the plastic dielectric films market is expected to record an average CAGR of over 4% through 2029. Plastic dielectric films have sought extensive adoption in capacitors and integrated circuits of electronic gadgets in recent years. High pressure resistance, hazardous substance compliance, and low thermal resistance, are key attributes of plastic dielectric films driving their adoption in the consumer electronics.

Polypropylene plastic dielectric films are in high demand owing to their material specific properties such as high insulation strength, low dielectric absorption, low dissipation factor, and high breakdown strength. PP plastic dielectric films have gained traction as ideal solutions for multiple ranges of temperature.

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Excellent properties of plastic dielectric films make them suitable for use in a wide range of applications in AC and DC systems, and high current DC applications. Sales of DC film capacitors are expected to grow at a robust CAGR, upheld by consumer demand for Audio & Video, along with the need for innovative capacitor solutions for IoT-based devices and handled devices.

European Market Poised for Modest Growth through the Next Decade

Consumers in Europe look for more diverse choices in terms of quality, price, and convenience. The electronics & electrical industry in developed countries such as France, Italy, Germany, and UK is matured, and is expected to witness moderate growth during the forecast period. The Europe plastic dielectric films market is expected to register a CAGR of 3.3% through 2029.

The demand for plastic dielectric films for DC film capacitor applications is expected to increase in Europe, and these are expected to account for a market share of 40% in the year 2022. The rapidly growing solar market is also expected to fuel the plastic dielectric films market.

Developed countries such as Spain and Italy, have been putting in commercial wind power generation, to have more than 1 GW energy generation on an average. This will continue to create strong opportunities for growth of the plastic dielectric films market.

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Asia’s Manufacturing Industry to Offer Highly Attractive Opportunities

Manufacturing industry in Asia has been attracting significant investments from leading MNCs which contributes to the plastic dielectric films market growth. Companies from countries such as India, China, and Japan, are growing in the key sectors pertaining to manufacturing, raw material extraction, and services.

The China plastic dielectric films market is expected to witness the highest growth during the forecast period, owing to the rising demand for consumer electronics as a result of improving living standards in the Asia region.

China has gained popularity as the production hub for electronics, and high-volume products in the computer, consumers, and communications segments. Major global OEMs and electronic manufacturing service providers are looking to move their production sites to alternate locations due to cost optimization and raw material supply.

The electrical & electronics industry is rapidly expanding in South Asian countries such as Vietnam, Indonesia, and Malaysia due to multiple factors including low labor costs and substantial domestic demand, thereby driving the plastic dielectric films market in the region.

The South Asian plastic dielectric films market is fragmented in nature with the presence of electronic equipment and component manufacturers with medium-to-large production capacity in the market. India represents the highest market value share in the South Asia plastic dielectric films market and is expected to continue its dominance throughout the forecast period.

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The South Asia plastic dielectric films market represents the highest CAGR in terms of value. The South Asia plastic dielectric films market is expected to expand at a CAGR of 5.2% over the forecast period.

Key players operating in the global plastic dielectric films market include Treofan Group, Toray Plastics (America) Inc., Bollore Group, Steiner GmbH & CO. KG, DuPont Teijin Films, Mitsui Chemicals, Inc., Kopafilm Elektrofolien GmbH, Tervakoski Films Group, Birkelbach Kondensatortechnik GmbH, Shin-etsu Film Company Limited, Sungmoon Electronics Co. Ltd., Wenling Wanbao Capacitor Factory (Taizhou Yongji Electronics Co., Ltd.), PPI Adhesive Products (C.E.) S.r.o., Tricor Packaging, Arcwise Packaging, Inc., and Xpro India Limited. 

Key Segments Of Plastic Dielectric Films Industry Survey

Plastic Dielectric Films Market By Product :

  • PTEF
  • PEN
  • PET
  • PP
  • PPS
  • PVDF

Plastic Dielectric Films Market By Application :

  • Electrical & Electronics
  • Automobiles
  • Solar & Wind Energy Systems

Plastic Dielectric Films Market By End Use :

  • Electronics
  • Automotive

Plastic Dielectric Films Market By Region :

  • North America Plastic Dielectric Films Market
  • Latin America Plastic Dielectric Films Market
  • Europe Plastic Dielectric Films Market
  • East Asia Plastic Dielectric Films Market
  • South Asia & Pacific Plastic Dielectric Films Market
  • Middle East & Africa (MEA) Plastic Dielectric Films Market

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/plastic-dielectric-films-market
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Bagging Equipment Market is projected to expand at a CAGR of 4.3% during the forecast period of 2022-2028

The global bagging equipment market is anticipated to reach a valuation of US$ 3.6 Bn in 2028, with demand growing at an average CAGR of 4.3% over the forecast period of 2022 to 2028. Scaling up from a value of US$ 2.8 Bn in 2022, the bagging equipment market is driven by the growing demand for the product in various industry verticals like food and beverages, chemicals and fertilizers, pharmaceuticals, construction, and many others.

Products that weigh more than five kilograms and up to a few hundred kilograms are filled and weighed with the help of bagging equipment. The current market players are incorporating novel and innovative features to their bagging equipments such as user-friendly interfaces, variable speed controls, and PLC systems to ensure clear communication between machines and operators. The integration of these features enables cost-effective bagging process and optimizes the operational capacities. Thus, these benefits promote positive market prospects for the bagging equipment.

Furthermore, many manufacturers are launching bagging machinery that are also compatible with other packaging machines like product loaders, cartoning machines, remote monitoring and diagnostics, and others. Thus, the market trend of releasing upgraded and versatile machinery which will enable faster filling, easy and quick changeovers is expected to boost the market prospects of bagging equipment.

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“Product innovation and versatility are expected to supplement the market growth of bagging equipment over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Technological enhancements that allow for clear communication between operator and the machine will likely bolster the market prospect.
  • Based on automation, the automatic segment is predicted to lead the market growth.
  • Vertical baggers segment is predicted to grow at 4.1% CAGR.
  • In terms of end use, the food industry is expected to generate US$ 8.5 Bn market opportunity over the forecast period.
  • By capacity, the 1001-2000 bags/ hour segment will dominate the market over the assessment period.
  • Europe is predicted to undergo substantial growth though 2022 to 2028.

Competitive Landscape 

Robert Bosch GmbH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd., I.M.A. Industria Macchine Automatiche SpA, PAYPER S.A., Bossar Packaging S.A., CONCETTI S.p.A., Omori Machinery Co. Ltd., Fres-co System USA Inc., WOLF Verpackungsmaschinen GmbH, Fuji Machinery Co. Ltd., Webster Griffin Ltd., BW Companies Inc., Buhler Holding AG, Imanpack Packaging and Eco Solutions S.p.A., STATEC BINDER GmbH, HASSIA-REDATRON GmbH, Premier Tech Chronos, MONDIAL PACK s.r.l., Pakona Engineers Pvt. Ltd., and others, are some of the major players in the bagging equipment market that are profiled in the full version of the report.

Major market players are trying out various organic and inorganic strategies to expand their operations and strengthen their market penetration. Many manufacturers are focused on product innovation and development to gain a competitive edge.

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More Insights into the Bagging Equipment Market Report

In its latest report, FMI offers an unbiased analysis of the global bagging equipment market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2028. To understand the global market potential, growth, and range, the market is segmented on the basis of product type (integrated bagging lines (conveying machines (incline transfer, horizontal transfer), bagging machines, bag opening/ sealing machines, bag kickers, bag attachment machines, weighing/ counting machines) standalone equipment (open mouth baggers, FFS machines (horizontal FFS, vertical FFS), valve baggers, FIBC bagging machines, others)), automation type (automatic, semi-automatic), capacity (<500 bags/hr, 500-1000 bags/hr, 1001-2000 bags/hr, >2000bags/hr), end-use (food industry (confectionery, animal feed/ pet food, grains, wheat, rice, corn, pulses, seeds, spices and condiments, coffee beans, dairy products, meat, poultry, seafood), construction, pharmaceuticals, home-care, personal care & cosmetics, others),  and region.

According to the latest FMI reports, based on region, Europe is anticipated to undergo considerable market growth during the forecast period. Countries like Germany, Spain, and Switzerland are counted amongst the top importers for the equipment. In addition to this, many of the tier I market manufacturers are based in Europe. End users with high investment capacity often use European-made bagging equipment. In comparison, countries like UAE, South Africa, India, and Bangladesh are the top exporters of the bagging equipment.

Based on segmentation, by product type, the standalone segment will continue to be an important market contributor but, based on automation, the automatic segment is predicted to be the most rewarding during the forecast period. On the basis of bagging capacity, the 1001-2000 bags/ hour segment will likely lead the market growth. Based on end user, food industry is anticipated to induce US$ 8.5 Bn market opportunity over the forecast period.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

 

Carbon Black for Packaging Market manufacturers are increasingly focusing on capacity expansions to cater to the ever-increasing demand

Carbon black has been used as an additive in the production of conductive polymers for a long time, and it has the biggest market share in the worldwide conductive polymer market by additive type. However, according to a new intelligence analysis from Future Market Insights, the carbon black for packaging market has been steadily increasing in revenue in recent years and will continue to do so during the projection period.

Bags are expected to account for about a third of the total predicted market value by the end of 2028, according to the analysis. In the carbon black for packaging industry, polyethylene and polypropylene are now leading with a combined revenue share of more than 55 percent.

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In its most current edition of the study, Future Market Insights (FMI) delivers in-depth insights on the global carbon black for packaging market. According to the analysis, the market would rise by 3.2 percent year over year in 2021, reaching 148,844 tonnes.

The increase can be linked to rising demand for electrical and electronic product packaging. Due to rising demand for recyclable packaging in Germany, the United Kingdom, and other nations, the Europe market is expected to rise at a 3 percent CAGR.

Electrical and Electronics Products Sales Sustains Carbon Black Consumption Level, for Packaging Applications

Increasing consumption of electrical and electronic devices will continue to sustain consumption of carbon black for packaging applications in the near future. The report delivers key insights on the carbon black for packaging market and forecasts a sluggish 2.9% CAGR for the revenue growth over 2021-2031.

The primary demand for carbon black for packaging is generated from the electrical & electronics industry, which is expected to grow further in the next 4-5 years.

With increasing consumption of products that are highly prone to ESD (electrostatic discharge), bags will be the dominating application segment in global carbon black for packaging market.

Technical Incompatibility Continues to Challenge Market Growth

Some of the major challenges facing the global carbon black for packaging market are technical incompatibilities of small-scale companies to manufacture conductive compounds.

Compounding of carbon black and polymer materials is a complicated process and requires special attention during production. It involves high technical capabilities and resources to produce carbon black and polymer compounds.

Also, chemical properties of carbon black tend to hamper the mechanical properties of sensitive electrical and electronic components which, in turn, may contribute to the declining demand for carbon black for packaging applications.

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Distributors of Carbon Black for Packaging Applications to Remain Key Members of Value Chain

While some of the major manufacturers such as Philips Carbon Black Limited, Orion Engineered Carbons, Cabot Corporation, and Birla Carbon continue to dominate the carbon black for packaging market, the competition in the carbon black for packaging landscape is expected to intensify in the near future as several local players strengthen their focus on emerging economies such as India, China, and Brazil.

Leading carbon black companies are also planning to expand their market presence in multiple regional markets to leverage the opportunity generated from different end-use applications.

The top companies in the carbon black for packaging market are promoting their carbon black and related products through a large distribution base.

Manufacturers on the other side are enhancing their global prominence by expanding their market footprint in multiple countries via stronger distribution networks.

Distributors will thus remain the key members of the value chain in global carbon black for packaging market.

A strong worldwide network of local distributors and channel partners will also enable key market players to leverage their knowledge of local market trends to enhance global market footprint.

Key Companies Covered-

Phillips Carbon Black Limited Birla Carbon U.S.A., Inc. Continental Carbon India Limited Cabot CorporationTokai Carbon Group (Cancarb)Sealed Air CorporationPregis CorporationDS Smith PlcAchilles CorporationDelphon Industries, LLCSmurfit Kappa GroupStoropack Hans Reichenecker GmbHDesco Industries Inc.Nefab GroupTeknis Limited, Elcom (UK) Ltd.GWP Group LimitedInternational Plastics Inc.AUER Packaging GmbHPure-Stat Engineered Technologies, Inc.Protective Packaging Corporation.

Global Carbon Black for Packaging Market Segmentation

By Material Type:

  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride
  • Polycarbonate
  • Polyethylene
  • Polypropylene
  • Polyamide
  • Styrene Acrylonitrile (SAN)
  • Other Plastics

By Application Type:

  • Bags
  • Trays
  • Clamshells
  • Shrink Films
  • Boxes & Containers
  • Tapes & Labels
  • Foams
  • Totes/IBC
  • Racks
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

Related Links –

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Paper Packaging Market Worth US$ 463.3 Bn by 2028 | Future Market Insights

Future Market Insights suggests that the growing consumption of packaged food and consumer goods will boost the demand for paper packaging in the coming years. Suitability of corrugated boxes, cartons, and paper bags to pack a large variety of products from different end-use industries such as electrical & electronics, food & beverages, healthcare, homecare, building & construction, and tobacco, will create enormous growth opportunities in the global paper packaging market. Considering the high-growth opportunities arising from the e-commerce industry and a large number of packaging applications of paper packaging formats, most of the manufacturers of paper packaging solutions in the developed, as well as in developing economies, are planning to expand their production capacities.

The global paper packaging market is estimated to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

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The global paper packaging market is stipulated to witness a decent CAGR of 4.1% between 2022 and 2028, reaching US$ 463.3 Bn by the year 2028.The report includes a market research study on the global paper packaging market, which includes market assessment and trend analysis of different packaging types such as corrugated boxes, cartons, wrapping paper, inserts & dividers, bottle & cup carriers, cups & trays, clamshells, display packaging, bags & sacks, and tapes & labels.

Expanding Ecommerce Sector to Further Drive Paper Packaging Market 

Manufacturers are developing paper packaging formats that are biodegradable and eco-friendly. Many paper packaging experts and consumer product companies are focusing on green packaging. Modern retail penetration is expected to boost the demand for paper bags. Due to the demand for sustainable packaging, paper packaging manufacturers are increasingly using recyclable raw materials. Sustainable packaging plays a key role in maintaining the shelf life of the product along with decreasing the negative impact of plastic and chemical packaging on the environment.

Manufacturers and consumers are constantly looking for environmentally-friendly, sustainable, and easy-to-reuse packaging products. Lightweight paper packaging is captivating the attention of various industries through its numerous benefits. Many industries are witnessing advanced benefits with the adoption of lightweight paper packaging and several paper packaging format manufacturers are embracing it, as paper packaging can reduce energy and overall costs during production, as well as transportation, apart from its primary benefits such as lightweight and recycling efficiency.

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Key Segments Covered In Paper Packaging Industry Research

Paper Packaging Market by Material Type:

  • Corrugated Board
  • Specialty Paper
  • Box-board/Carton Board
  • Kraft Papers
  • Molded Pulp

Paper Packaging Market by Packaging Type:

  • Corrugated Boxes
  • Cartons
  • Wrapping Paper
  • Bags & Sacks
  • Cups & Trays
  • Tapes & Labels
  • Others

Paper Packaging Market by Level of Packaging:

  • Primary
  • Secondary
  • Tertiary

Paper Packaging Market by End-use:

  • Food & Beverages
  • Tobacco
  • Healthcare
  • Personal Care & Cosmetics
  • Homecare & Toiletries
  • Electrical & Electronics
  • E-Commerce
  • Chemicals & Fertilizers
  • Other Industrial

Ask An Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-4430

Paper Packaging Market by Region:

  • North America Paper Packaging Market
  • Latin America Paper Packaging Market
  • Europe Paper Packaging Market
  • East Asia Paper Packaging Market
  • South Asia Paper Packaging Market
  • Oceania Paper Packaging Market
  • Middle East & Africa (MEA) Paper Packaging Market

The paper packaging manufacturing process involves multiple stages, which range from designing, layout, die cutting, to waste recovery. The process requires machinery and equipment for emission control, cooking, pulp storage, and other such processes. Installation costs incurred by paper packaging manufacturers are quite significant and highly expensive. Moreover, the operation costs for running such paper packaging machinery and equipment are also considerably high, which continues to hamper the market growth, particularly in countries that are facing energy shortfall, such as Russia, Poland, and other countries in Europe.

The paper packaging market in the South Asian region is fragmented in nature with the presence of medium to large number of local players in the market. India represents the highest market value share in the South Asia paper packaging market and is expected to continue its dominance throughout the forecast period.

South Asia’s paper packaging market represents the highest CAGR in terms of value. The South Asia paper packaging market is expected to expand at a CAGR of 5.9% over the forecast period. Key players operating in the global paper packaging market include Smurfit Kappa Group Plc, Napco National Paper Products Company, Billerudkorsnas, International Paper Company, WestRock Company, Georgia Pacific LLC, Pratt Industries, Inc., DS Smith Packaging Limited, Stora Enso Oyj, and Mondi Group Plc among others, which have been covered in the strategic developments section of the report.

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Collapsible Rigid Containers Market New Technological Development Projecting Massive Growth till 2032

The global collapsible rigid containers market was valued at US$ 1.36 Billion in 2018 and is projected to expand at a CAGR of 4.9%, during the forecast period. The market for collapsible rigid containers will be boosted greatly by bulk packaging applications in a variety of end-use sectors. Consumption in the chemical industry accounts for just under 30% of overall sales volume of collapsible rigid containers, followed by food and beverages. According to FMI, automotive, agricultural, and pharmaceuticals are among the major end users of collapsible rigid containers.

According to a new intelligence report by Future Market Insights, about 120 million foldable rigid containers were sold in 2018. Volume sales of collapsible rigid containers will increase by 4% Y-o-Y in 2019 compared to 2018. While nestable and stackable containers are very popular in the world of returnable packaging containers, collapsible rigid containers have grown in popularity in recent years as they are more suitable for product storage and shipment.

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With their convenience in loading-unloading and maintenance operations, collapsible rigid containers continue to gain momentum as vital packaging solution to avoid storage issues, and reduce overhead expenses. According to the report, 100% reusability of collapsible rigid containers, which has significantly complemented productivity in transport and logistics, will continue to propel the market growth.

Demand for Foldable IBCs to Gain Uptick, Plastic Most Preferred Material Choice

Light weight, easy handling, and economic costs remain the key demand determining attributes of crates in collapsible rigid containers market. Crates continue to remain preferred collapsible rigid containers, with sales driven by their innate & unparalleled competency to other variants in terms of cost, handling, and lightweight. According to the study, crates currently account for over 80% of overall collapsible rigid container sales.

The report opines that foldable IBCs will witness healthy demand growth, attributed to their space and cost efficiency, convenient handling, and environmental suitability for bulk packaging of hazardous and non-hazardous fluids. As the demand for cost effective bulk packaging continues to rise, a higher Y-o-Y growth is projected for foldable IBCs in 2019.

Over 90% of collapsible rigid containers sold are made of plastic, whereas metal and other materials such as wood account for the remaining volume of sales. Although multiple advantages associated with plastic containers continue to reign supreme over those offered by wooden or corrugated box containers, popularity of non-plastics is visibly growing over the recent past. The global sustainable drive is pushing use of raw materials other than plastic, which is translating into increasing preference for wooden collapsible rigid containers in coming years.

Global collapsible rigid containers market is a highly fragmented landscape and most of the prominent players are maintaining their strategic focus on mergers and acquisitions. Schoeller Arca System (SAS) accomplished a merger with an Indian polymer manufacturer, Time Technoplast Ltd., (TTL). The newly formed collaboration is named Schoeller Arca Time Materials Handling Solutions.

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Some companies are also prioritizing new product launches in the collapsible rigid containers market. Cherry’s Industrial Equipment announced the expansion targeting the innovation of a new collapsible rigid containers variant, i.e. wire mesh collapsible rigid containers.

Supported by EFSA (European Food Safety Authority), the European giant in returnable plastic packaging landscape, Schoeller Allibert Services B.V. is firming up the sustainable footprint in collapsible rigid containers market. To curtail the levels of conventional packaging waste and concentrate on green branding, the company is directly involved in providing end-to-end assistance for re-using and recycling of returnable plastic materials.

FMI’s report also sheds light on the strategic profiles of several other players active in collapsible rigid containers market, such as Brambles Limited, Supreme Industries Limited, DS Smith Plastics Ltd., SSI Schäfer AG, ORBIS Corporation, Dynawest Limited, Ac Buckhorn LLC, Myers Industries, Inc., Rehrig Pacific Company, Inc., Bulk Handling Australia Group Pty Ltd., A. R. Arena Products Inc., Dalian CIMC Logistics Equipment Co., Ltd., and TPS Rental Systems Ltd. among others.

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Key Segments Covered in the Collapsible Rigid Containers Market

By Product Type

  • Crates
  • Pallet Boxes
  • Folding IBCs

By Material

  • Metal
  • Plastic
  • Others (wood, etc.)

By Sales

  • Indirect
  • Direct

By End Use

  • Automobile
  • Pharmaceuticals
  • Chemicals
  • Agriculture
  • Food & Beverages
  • Shipping & Logistics
  • Other Manufacturing (Apparel & Textile, etc.)

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https://domain.tribe.so/post/intermediate-bulk-container-ibc-market-forecast-with-potential-impact-despi–62ec533e0a28b428abb2b573

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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