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Corrosion Protection Polymer Coating Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast

According to this report, the global corrosion protection polymer coating market will be valued at more than US$ 19.5 Bn by the end of 2022. Despite the slew of factors devaluing the production of these industrially-essential materials.

The demand for corrosion protection polymer coatings will incur steady growth, primarily due to its rising end-use in the oil & gas industry. Corrosion of metals and metallic surfaces remains to be a perpetual problem for industries across the globe.

Manufacturing and transportation of products in almost every industrial vertical has changed rapidly, registering a higher presence of chemicals factoring such corrosions. Companies continue to adopt innovative and effective corrosion control methods, wherein polymer coatings are an integral offering.

High resistance against chemical corrosion and abrasion continues to propel the demand for such corrosion protection polymer coatings, while their manufacturing, which involves hazardous materials & volatile emissions, creates grave concern for the environment.

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In the view of stringent regulations imposed by environmental protection agencies on manufacturing of such toxic products, the demand for corrosion protection polymer coating is less likely to witness high upturns in the future. A latest market study published by Future Market Insights anticipates that the global market for corrosion protection polymer coatings will soar at a steady CAGR of 5.1% during the forecast period, 2017-2022.

Corrosion Protection Polymer Coating Market: Upsurge in Oil & Gas End-use

The global oil & gas sector continues to attain stability in the times of highly-fluctuating oil prices. With respect to the changing landscape of this industry, companies are focusing towards prevention of industrial failures due to undue chemical corrosion.

From oilfield pipelines to refiners, all key industrial surfaces in the oil & gas sector are likely to be coated with corrosion protective polymers. In the future as well, the demand for corrosion protection polymer coatings in oil & gas sector is anticipated to increase.

While their contribution to the global market value of corrosion protection polymer coatings will be moderate, oil & gas companies will be observed as fast-grossing end-user during the forecast period. Towards the end of 2022, corrosion protection polymer coatings worth nearly US$ 3 Bn are anticipated to be used by oil & gas companies around the world.

Additional insights from the report:

In 2017, corrosion protection polymer coatings made of vinyl esters and flake-filled vinyl esters will contribute to less than 4% share on global revenues, albeit, their demand over the forecast period will grow vigorously
Through 2022, the demand for epoxies is slated to decline, registering a sluggish revenue growth at a CAGR of 4.2%
Between 2017 and 2022, powder-based corrosion protection polymer coatings are likely to create an incremental opportunity of a little over US$ 650 Mn
During the forecast period, the global demand for corrosion protection polymer coating in waterborne form will rise at a robust pace
Asia-Pacific excluding Japan (APEJ) region will be the largest market for corrosion protection polymer coating, and will be valued at US$ 7.1 Bn by 2022-end
Throughout the forecast period, Europe’s corrosion protection polymer coating market is assessed to record a sluggish growth

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Market Taxonomy

A concise taxonomy of the global corrosion protection polymer coating market has been summarized below:

Product Type

Epoxy
Polyurethane
Alkyd
Acrylic
Fluoropolymer
Vinyl Ester & Flake-filled Vinyl Ester

End Use

Marine
Oil and Gas
Power Generation
Construction
Automotive
Transportation
Chemicals
Mining & Metallurgy
Others

Form Type

Solvent-borne
Waterborne
Powder-based

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Companies to Watch

The report also anticipates that companies, namely BASF Coating GmbH, Polycorp Limited, STEULER – KCH GmbH, Koch Knight LLC, Akzo Nobel NV, Axalta Coating Systems, Jotun A/S, Ashland Global Holdings, Inc., PPG Industries, Inc., and The Sherwin Williams Company will remain active in the global market for corrosion protection polymer coatings through 2022.

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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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Asphalt Shingles Market | Future Plans and Industry Growth with Quantitative And Qualitative Analysis

Account for over three-fourth revenue share of the market, re-roofing end market segment is expected to dominate the global asphalt shingles market during 2017 to 2022. However, this end-market segment is projected to register a low CAGR through 2022.

On the other hand, sales of asphalt shingles in new construction end-market segment are expected to register a relatively higher CAGR through 2022. A latest report by Future Market Insights (FMI) has projected the global market to register a low-single digit CAGR throughout the forecast period 2017 to 2022.

However, the market is anticipated to experience a sustained expansion on the back of increasing re-roofing and new construction activities resulting from extreme weather conditions. Global sales of asphalt shingles are expected to reach nearly US$ 10,000 Mn in revenues by 2022-end.

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Extreme Weather Conditions Owing to Global Warming to Fuel Adoption of Asphalt Shingles

Global warming is now being called as climate change, and has been affecting subtropical regions to experience extreme cold weathers and even witness snowfall at times during winters. As some of these regions fall under developing or underdeveloped economies, cost of roofing activities becomes a major concern for the population thriving here.

A wide variety of roofing materials are available across the globe based on performance, structural, economic, and aesthetic requirements. These include cedar shake, slate, clay tiles and metal. However, asphalt shingles provide enough aesthetic appeal, along with adequate protection at just a small fraction of the amount invested for other roofing materials.

Moreover, asphalt shingles are cost-effective and are able to easily get replaced when damaged. Demand for asphalt shingles will therefore gain traction, with spending on residential building construction expected to witness a surge in the near future.

Fiberglass to Remain Most Attractive Composition of Asphalt Shingles

Fiberglass and organic are two composition types of asphalt shingles available in the global market. While organic asphalt shingles are comparatively more durable than fiberglass, they are more flammable, therefore highly prone to fire. In addition, they are less eco-friendly owing to relatively higher asphalt content.

Fiberglass shingles provide excellent fire resistance, making them to gradually replace the organic shingles for roofing activities. Fiberglass is expected to remain the most attractive composition of asphalt shingles, with sales estimated to account for approximately US$ 8,000 Mn by 2022-end.

Laminates to Remain Sought-After among Products in the Market

Laminates asphalt shingles are expected to remain sought-after among products in the market, and their sales are projected to hold over half revenue share of the market. High demand for laminates asphalt shingles can be highly attributed to increased attraction towards roofing materials with high wind resistance, impact resistance, and protection from degradation owing to exposure to elements.

In addition, sales of strip asphalt shingles are expected to exhibit the highest CAGR in the market through 2022, based on product type. Although North America is anticipated to remain the largest market for asphalt shingles, Asia-Pacific excluding Japan (APEJ) is projected to register a relatively faster expansion through 2022. Middle East & Africa (MEA) and Japan are expected to remain the least lucrative markets for asphalt shingles over the forecast period.

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Market Taxonomy

The report also includes chapters comprising a segmentation-wise forecast and analysis on the global asphalt shingles market. The global market for asphalt shingles is segmented based on product, end market, composition, and region.

Along with the segmentation analysis offered, the report also renders country-specific analysis & forecast, and the cross-sectional data concerning the market. The details regarding taxonomy of the global asphalt shingles market have been portrayed in the table below.

Product Type

Heavy Laminates
Laminates
Strip

Composition

Fiberglass Asphalt Shingles
Organic Asphalt Shingles

End Market

New Construction
Re-roofing

Manufacturers Shifting Focus toward Enhancing their Brand Reputation

Leading manufacturers of asphalt shingles are focusing their shift toward enhancing their brand reputation by offering wide range of products, and higher quality standards as compared to other competitors in the market. Key players in the market are adopting business strategies to come up with advanced & sophisticated product development techniques.

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They are also concentrating on development of an established manufacturing process, and in-depth understanding of market and customers. Key market players listed in FMI’s report Include Atlas Roofing Corporation, Polyglass U.S.A., Inc., Tarco, Inc., TAMKO Building Products, Inc., Siplast, Inc., IKO Industries, Ltd., Malarkey Roofing Products, Henry Company LLC, Certain Teed Corporation, and Owens Corning.

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Synthetic Leather Market | Exhaustive Analytical Segmentation Focuses On Key-players, Production & Growth by 2032

A recently published study by FMI expects the global synthetic leather market to augment at a 6% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 50 Billion is expected for the market.

Manufacturing, innovation and use of synthetic leather is undergoing several changes. This has led to the rapid adoption of synthetic leather in various end user industries. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 1% and closing at US$ 26.34 Billion.

Although the COVID-19 pandemic affected the sales of synthetic leather, post-pandemic, the sales of the same have increased owing to its various properties. Manufacturers are now making synthetic leather made of environmentally friendly materials.

Furthermore, key players in the synthetic leather market are launching products that make wide use of synthetic leathers, thus, increasing use of the same. The use of synthetic leather in automotive, consumer electronic and fashion industries is propelling the sales of the same. This, in turn, is contributing to the growth of the market.

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Key Takeaways from the Market Study

By material type, polyurethane (PU) synthetic leather is expected to possess 40% market share for synthetic leather market in 2022.
Italy is expected to hold nearly 30% market share for synthetic leather market in 2022.
India is expected to possess 25% market share for synthetic leather market in 2022
S. is expected to hold 35% market share for synthetic leather market in 2022
Japan is expected to procure 33% market share for synthetic leather market in 2022.

“The synthetic leather industry is undergoing a drastic change. Innovations in manufacturing sustainable leather along with making it durable is increasing the usage of the same.” states an FMI analyst.

Market Competition

FMI has identified Asahi Kasei, Nan Ya Plastics Corporation, Toray Industries, Teijin Limited, Kuraray Co., Ltd., Daewon Chemical Co Ltd., Kolon Industries Inc., Achilles Corp, and Mayur Uniquoters as leading players in synthetic leather market. They collectively account for more than 30% of global market share as of 2022.

Bucha Bio launched plant based leather which is completely made in laboratory in July 2021, in an attempt to push the envelope towards introducing a sustainable leather alternative that can be used for shoes, clothing, accessories and more.
In June 2021, Gucci launched its brand new range of footwear made from bio-based synthetic leather derived from wood pulp.

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Key Segments Profiled In The Synthetic Leather Market Industry Survey

Synthetic Leather by Material Type:

Polyvinyl Chloride
Polyurethane
Bio Based

Synthetic Leather by Application:

Synthetic Leather for Footwear
Synthetic Leather for Furnishing
Synthetic Leather for Automotive
Synthetic Leather for Clothing
Synthetic Leather for Bags
Synthetic Leather for Sports
Synthetic Leather for Electronics

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global synthetic leather market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

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The study reveals essential insights on the basis of Material Type (Polyvinyl Chloride, Polyurethane, Bio Based), by Application (Footwear, Furnishing, Automotive, Clothing, Bags, Sports, Electronics) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Milk Retentate Market Expectations & Business Trends, Key Data Summary with key values Highlighted Until -2030

Milk Retentate is a protein concentrate constituted of soluble milk. Retentate is obtained through Ultrafiltration process that separates milk components according to molecular size.Ultrafiltration of milk can be used to produce popular new dairy products and dairy-based foods and beverages that are higher in protein and lower in carbohydrates than traditional milk.

Moreover, the milk that has been ultra-filtered to a three time volumetric concentration factor has had about 65-70% of carbohydrate lactose removed and UF milk product delivers high-quality protein ideal for creating lower-carb/higher-protein foods and beverages.

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Owing to listed factors, milk retentate market is expected to witness a significant growth over the forecast period.

Consumer inclination towards the protein-rich food is fueling the milk retentate market

The consumer prefers high protein diet to boost metabolic rate and preserve muscle mass and paying more attention to the protein-rich sources, which is among the driving factor for providing the potential growth to the global milk retentate market.

In addition, growing process food consumption in the developing region is further providing a better opportunity of growth to the global milk retentate market.

Food and beverage industry witnessing the trend of high intake of nutritious food, which increase the demand for milk retentate products in the future.

However, growing awareness regarding the plant-based food consumption is influencing the use of plant-based protein, which is among the restraining factor which is affecting the global milk retentate market.

Global Milk Retentate: Key Players

Some of the key players operating in the global milk retentate market are

The Idaho Milk Products, Inc.
Coca-Cola Company
HP Hood LLC
Idaho Milk Products, Inc.
Erie Foods International, Inc.
Enka Sut Company
Grassland Dairy Products

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Opportunities for Global Milk Retentate Market Participants:

Growing demand for dairy products, increasing product penetration or adoption rate in developing countries, coupled with collaborating with local dairy farmers for producing high-quality milk products are the factors due to which ultra-filtered milk market revenue is expected to grow at a rapid growth rate, over the forecast period.

Moreover, rise in demand for lactose-free milk, expanding distribution channel for product availability, and re-design or new product development is the primary factors seems to create the opportunities for the global ultra-filtered milk market in the near future.

The Milk Retentate market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

The Report Covers Exhaustive Analysis on:

Milk Retentate market segment
Milk Retentate market dynamics
Milk Retentate market size
Milk Retentate supply and demand
Current trends/issues/challenges pertaining to Milk Retentate market
Competition landscape and emerging market participants in Milk Retentate market
Technology related to production/processing of Milk Retentate
Value chain analysis of the Milk Retentate market

Global Milk Retentate: Market Segmentation

By Form

Powder
Liquid

By Application

Food and Beverages
Bakery
Dairy
Savory
Processed food
Sports Nutrition
Others
Animal Feed
Pharmaceuticals
Cosmetics

By Distribution Channel

Direct
Indirect
Store-based Retail
Hypermarket/Supermarket
Convenience Stores
Specialty Stores
Independent Stores
Others
Online Retail

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Cat Food Flavors Market Summary of Insights & Deep Analysis, Opportunities for Key Vendor in the Industry-2030

Today, several pet food manufacturers are offering wide-ranging products as pet health and wellness has become a priority. Consumers can choose products relying on several factors such as disease conditions, price points, life stages, ingredient preferences, breeds, etc. In addition to the nutrient quality, taste and flavor has also become an important factor, influencing buying behavior.

Research & design of flavor for cats foods has come a long way, and new flavors are being formulated and designed to make a particular food type, treat or medication that is foreign to a cat seems more desirable. It can aid outright finicky, overweight and sick cats with achieving a healthier diet overall.

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Cat Food Flavors Market – Key Drivers

Consumers today are looking for cat food, supplements and medicines that are more than natural. Their focus is on quality ingredients and are often willing to expend extra to obtain them. They are seeking scientific claims which validate a product’s efficiency.

Pet food companies are grabbing this opportunity to understands the owners need and are offering flavors that are grain free, preservative free, and contain no artificial colouring.

Flavor enhancers are being developed to cater to cat’s preference on multiple levels: smell, texture and health benefits, as well as taste. As cats are picky eaters, the choice of flavors is prioritized based on fulfilling nutritional goals and ingredient sustainability.

Manufacturers are always considering trends in associated categories such as human foods and discovering ways to channel them into cat foods. For instance, omega-3 fatty acids, probiotics, chondroitin and glucosamine, and smoked or roasted meats were concepts in the human food segment that are been now utilized in cat foods.

Cat Food Flavors Market – Growth Restraints

A research conducted at the University of Sydney, Mars Petcare, and WALTHAM Centre of Pet Nutrition revealed that cats over a period of time learn about the nutrient composition and select foods to reach attain optimum ratio of fat and protein, regardless of flavour.

Several taste-enhancing additives are used to entice cats to choose one food over another. These food products offer less nutritional value to the formulation, it could result in harmful effects and impede the adoption of cat food flavors products.

These flavoured products are expensive, in addition to the price that pet parents pay for pet food, the can discourage sales and impede the market growth.

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Cat Food Flavors Market – Region-wise Analysis

North America and European nations are witnessing escalated demand for cat food flavors due to several factors such as growing humanization, increasing cat ownership ratio and higher per capita expenditure on different cat food flavor products.

Market players are focusing on emerging nations of Asia Pacific, where the cat food flavors market will grow at the remarkable rate which is a major driver for product market. Presence of several untapped markets due to the lower cat ownership ratio is pulling in global players to develop their functioning in this region.

Cat Food Flavors Market – Competitive Analysis

The cat food flavors market is highly fragmented. Prominent players have adopted several strategic initiatives, for instance, mergers, acquisitions, partnerships, agreements, joint ventures, expansions, and new product launches to boost their present in the global market.

DIANA Pet Food and BRAIN AG , world’s top partner in the pet food market and Symrise Group member has recently declared a strategic partnership in the flavor science sector. This will help to boost the product offerings for the companies.

Kerry group is offering food flavors customization to help customers reach their market objectives. The company is focusing on organic pet food flavors and meeting to the growing demand from emerging economies. Party Animal’s added three new flavors of canned cat food specially formulated with ingredients like antioxidants, minerals and vitamins.

Some of the major market players operating in the market are Pet Flavors Inc., Bell Flavors & Fragrances, Diamond Pet Foods, Nestlé Purina Petcare, Mars Petcare Inc., Hill’s Pet Nutrition, General Foods Pty. Ltd., Blue Buffalo Co., Ltd., and Wellpet Llc.

Global Cat Food Flavors Market: Key Players (this is an indicative list – full list of key players available upon request)

Meow Mix
Weruva
Nestlé Purina PetCare Company
Hill’s Pet Nutrition, Inc.
The Nutro Company, Inc
Mars Chocolat France SAS
Mars, Incorporated
WholeHearted
Blue Buffalo Co., Ltd.
Merrick Pet Care, Inc.
Whole Hearted

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Cat Food Flavors Market

By Flavor Essence

Natural
Artificial

By Flavor Type

Chicken
Fish
Duck
Beef
Rabbit
Others

By Packaging Type

Can
Jar
Bag
Box
Others

By Price Range

Mass
Premium

By Sales Channel

Direct
Indirect
Independent Small Stores
Wholesalers/Distributors
Specialty Stores
Independent Small Stores
Online Sales Channel
Pet Stores
Others

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Dog Food Flavours Market Supply Forecast, Sales Outlook, Up to date key Trends and Risk Overview -2030

Increasing humanization of pets coupled with the growing adoption of dogs as pets has triggered unprecedented growth of the pet foods industry. The global market for dog food flavours is mainly driven by the growing trend of pet parenting, and the leading market players are capitalizing on the trend by introducing innovative dog food flavours.

Increasing focus of pet parents on the health conditions and nutritional needs of dogs will also influence the growth prospects of the dog food flavours market. Pet parents are carefully choosing the dog food products based on the ingredients used in the products, in order to ensure that the product helps fulfill the nutrition needs of their dogs.

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Manufacturers along with other stakeholders in the global dog food flavours market are increasing focus on introducing products with healthier ingredients while experimenting with flavour innovation.

Ultimately, growing demand for innovative dog food products will contribute to the growth of the global dog food flavours market in the coming years.

Growing Trends of Pet Pampering and Pet Palatability will Drive the Market Growth

The ever evolving concept of pet parenting is taking a new turn around the world as a majority of pet parents are inclined towards considering their pets as a part of their family.

The rapid move towards pet parenting is consequently showing an impeccable impact on the dog food and pet care industry. Furthermore, the global trend of pet pampering is reaching an all-time high with the millennials developing a deeper relationship with their pets. This is further influencing the purchasing decisions of pet parents, especially from the younger generations.

A majority of dog parents are willing to choose dog food products that are high in nutrition as well as good in taste, and thereby, pet palatability is also emerging as an important factor driving purchase decisions of pet parents from the millennial generation.

Vegan Diets to Gain Popularity and Influence Upcoming Trends in the Dog Food Flavours Market

The rise of veganism is no longer restricted to the humans’ food industry, but the trend is also growing strong in the pet care and pet food industry.A mounting number of pet parents are turning to veganism after having a strong belief that vegan food products are more nutritious than their conventional counterparts, and thereby making the similar choice while choosing dog food products.

This is expected to have a paramount influence on the upcoming trends in the dog food flavours market, as end users are expected to show more inclination towards the products with vegetarian and natural ingredients.

The demand for dog food flavours with vegan ingredients along with a vast functionality is expected to increase significantly in the coming years.

Leading players in the dog food flavours market are investing heavily in research & development to bolster the implementation of vegan ingredients in their products and ensure that these ingredients exhibit similar nutritional properties as meat-based variants.

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Dog Food Flavours Market: Region-wise Analysis

Based on the geographical factors, the dog food flavors market is broadly segmented into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

A majority of global leaders in the dog food flavours market are situated in the United States of America (U.S.), and this is naturally influencing growth prospects of the North American market for dog food flavours market.

Market players in the region are closely watching the rise in the wave of veganism to cater to the changing needs of end users in the U.S. and Canada. Furthermore, the demand for dog food flavours with vegetarian and natural ingredients that create meaty flavours is also expected to remain high across this geography.

Dog Food Flavours Market: Competitive Landscape

Givaudan
Mars Petcare Inc.
Kerry Group
Wild Flavors Inc
Blue Buffalo Co., Ltd.
Symrise AG
Wellpet Llc.
Firmenich
General Foods Pty. Ltd.
Takasago International Corp
Nestlé Purina Petcare
Frutarom Industries
Hasegawa Co.

Dog Food Flavors Market: Key Players (this is an indicative list full list of key players available upon request)

Kerry Group PLC
Bell Flavors & Fragrances
Symrise AG
Wild Flavors Inc.
Pet Flavors Inc.
Mars Petcare Inc.
Diamond Pet Foods
General Foods Pty. Ltd.
Diana Pet Food
Frutarom Industries
Sensient Technologies Corporation
Huabao International

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

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

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Dog Food Flavours Market: Segment Analysis

The dog food flavours market can be segmented on the basis of the following:

By Nature

Natural
Artificial

By Type

By Flavour

Chicken
Apple and Molasses
Meat
Beef

By Price Range

Economy
Mid-Range
Premium

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Coil Coatings Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2029

A new market study by Future Market Insights on the global coil coatings market, evaluates key industry trends for the historical period 2014–2021 and forecasts the coil coatings market growth for the 2022–2029 period.

The report covers latest market dynamics, trends, macroeconomic factors, key success factors, industry value chain, forecast factors, opportunity assessment, incremental $ opportunity and competition analysis of all the major manufacturers involved in the coil coatings market. Topcoats remain highly preferred among end-use industries, especially in construction sectors, as compared to primers and backing coats.

Topcoats are used to provide color and gloss along with mechanical, chemical, and UV resistance to finished coils, and hence are widely adopted across the globe. The global coil coatings market value at US$ 5.0 Bn in 2022, and is projected to grow at a moderate CAGR of 4.7% during the estimated period of 2022-2029.

As per the findings of the study, the global coil coatings market is expected to witness moderate growth in terms of CAGR over the forecast period due to the recovering construction industry and growing investments driving number of new infrastructure projects.

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Aesthetic Properties of Coated Metal Sheet to Uphold the Market Growth

Development of new and innovative products will continue to have a tremendous impact on the industry and play an important role to promoting the coil coatings market growth in near future. Coil coated metal sheets provide architects with large number of design possibilities, while also allowing them to play with various colors, shapes, effects, and textures.

A steady stream of newly developed coatings, such as heat absorbing, heat reflecting, dirt-shedding, self-cleaning, etc. are finding their way into exterior building applications. These new functional coil coatings are a result of the environmental aspect being a strong factor in coil coatings’ development.

Emergence of Low-cost Products to Limit Coil Coatings Market Growth

Growing demand for high performance and low cost coil coatings is expected to be a restraining factor in the overall coil coatings market growth. These days, cheap pre-coated aluminium and steel coils are increasingly being imported, particularly from Asia Pacific.

Unfortunately, the quality and performance of these products are lower than that of European standards. However, it is unlikely to impact the end users, as white cladding, irrespective of its durability, is widely preferred.

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Coil Coatings Market: Vendor Insights

The global coil coatings market is fairly consolidated, with the top four players – Akzo Nobel N.V., PPG Industries Inc., Valspar Corporation and Beckers Group – holding ~60% market share. This is mainly attributed to the fact that the major players are availed with better equipment and technology for the manufacturing of coil coatings.

On the other hand, tier-2 and other players have limited global reach and manufacturing capabilities. These players’ main focus is the local clientele and to have a significant presence in their respective regional markets. Manufacturers are also focusing on mergers and consolidations of business to improve their product portfolio and market presence.

Some of the key developments in the coil coatings market are:

In 2021, BlueScope’s U.S. coil coatings and roll forming assets entered into a joint venture with the Tokyo-based steel manufacturing company Nippon Steel.
In 2014, PPG Industries, Inc. introduced DURASTAR ULTRA-COOL coatings, which enhances the aesthetic and also extends the life of panels, siding, and other components.

Coil Coatings Market By Category

Material Type :

Polyester
Epoxy
PVC
Plastisols
Acrylic
Polyurethane
PVDF
Silicone

End Use :

Construction
Transportation
HVAC
Metal Furniture
Others

Product Type :

Topcoats
Primers
Backing Coats
Others

Application :

Steel
Aluminum

How Is The Oil And Gas Industry Pushing Sales In The Coil Coatings Market?

The ever-increasing demand for oil and gas resources across the globe is a chief factor expected to propel the market in the forthcoming years. Rising utilization of alloys and metals, especially steel in reactors, pipelines, and structures in the oil and gas industry is estimated to boost the market.

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Most of the steel products required in oil and gas plants worldwide need coil coating paint before these are utilized for various applications. Rising extraction of oil and gas in untapped regions is another factor that is likely to aid growth.

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Large Breed Dog Food Market Key Participants, End User with Demand and Consumption by -2030

Pet parenting is booming around the world, as a mounting number of millennials are showing an inclination towards considering adopting pets as important as having children.

End users’ awareness about the unique food requirements of large breed dogs is expected to be among the most important factors to drive the growth of the large breed dog food market in the coming years.

Dogs are not only among the most popular pets, but the younger generation is seen to be considering dogs as a part of the family. This is triggering new trends in the pet foods industry.

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End Users Realize that Large Breed Dogs have Unique Feeding Needs

With the increasing number of pet parents around the world, their awareness about their dogs’ health and nutritional requirements is also growing at an equally rapid pace.

New-age technologies and spread of knowledge have had an immense impact of pet parents’ purchasing habits, as their dogs’ unique nutritional requirements majorly impact their buying decisions.

Large breed dogs usually grow much faster than small breed dogs and this makes this extremely sensitive to their nutritional intake and diets. An imbalance in nutrients given to large breed dogs can affect overall health, and most often it leads to the risk of overnutrition.

In addition to this, failing to control the diet of large breed puppies at a young age can also lead to severe risks of developing orthopedic diseases and musculoskeletal issues such as dysplasia and arthritis later in these dogs’ lives.

This creates the ultimate need for balanced diets and specific nutritional recipes of large breed dog foods that can prevent the development of various health disorders such as obesity, bloating, and other orthopedic disorders among large breed dogs.

Growing awareness about all these facts among the modern pet owners is expected to contribute to the increasing growth of the large breed dog food market.

Market Leaders to Offer Personalised Dog Food Products along with Expert Advice Services

While puppies continue to remain among the most popular pets adopted across the world, pet parents are reaching the understanding of the fact that picking the right diet for dogs is equal to picking the large breed dog food with the right ingredients.

Pet parents today are understanding the importance of right and balanced diets, and consequently, they are choosing large breed dog foods based on multiple parameters such as the age of the dog, breed size, allergies, and special nutritional needs of their pet.

This is leading to triggering the demand for customized and personalised large breed dog food products in the global market. End users are preferring the products that specifically cater to their requirements according to these parameters, with the ultimate aim to feed their large breed dogs the right nutrients and balanced diets.

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Large Breed Dog Food Market: Region-wise Analysis

Based on the geographical factors, the large breed dog food market is broadly segmented into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Pet owners’ awareness about the varying needs of dog foods that mainly depend on the dog breed is significantly high in the western countries. This boosts the growth potential for manufacturers and distributors in the North American and European markets for large breed dog food products.

The stronghold of global brands and large manufacturing companies in the United States is among the most prominent reasons why the North American market for large breed dog food holds a significant revenue share in the global market.

Market leaders have maintained a momentum in the region with introducing innovative large breed dog food recipes to offer relevant nutrients to suit the large breed dogs’ needs.

In the coming years, North America and Europe are expected to continue to be the lucrative markets for stakeholders in the large breed dog food market.

In addition, the evolving culture of pet parenting in developing economies in the Asia Pacific region will also create new growth opportunities for global brands. This may trigger market players to launch their brands in developing countries such as China and India as well as Japan, in the foreseeable future.

Large Breed Dog Food Market: Competitive Landscape

Royal Canin
Diamond Naturals
Blue Buffalo
Pedigree Petfoods
Eagle Pack
Eukanuba
Orijen
Drools
Jerhigh
Holistic Select
Nestlé Purina Petcare
Nutro Max
AvoDerm Natural
Inukshuk.

Royal Canin is a French company that produces and supplies dog and cat food products, and exports it to the international market. Some of the popular pet food products that the brand offers include Royal Canin Professional Energy, Royal Canin Starter, Royal Canin Mini Weight Care, and Royal Canin Mini Aging Care.

Pedigree Petfoods – a subsidiary of the American group Mars Incorporated, and a global brand specializing in pet food – is headquartered in Virginia, United States. The company offers dog food products that are specially targeted at health concerns of large breed dogs.

Some of the popular products Pedigree Petfoods offers include Pedigree Large Breed Nutrition for Dogs, Pedigree Choice Cuts in Gravy, Dentastix Treats, Breathbuster Treats, and Pedigree Healthy Joints Food for Dogs.

The brand claims that the rest of the ten products meet the nutrient profiles established by AAFCO (American Feed Control Officials) for adult dog maintenance. Some of the popular products by the brand include Eukanuba Puppy Large Breed, Eukanuba Adult Weight Control Large Breed, Eukanuba Adult Maintenance, and Eukanuba Adult Weight Control.

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Large Breed Dog Food Market: Competitive Landscape (this is an indicative list – full list of key players available upon request)

Blue Buffalo Co., Ltd.
Canidae Pet Food
Breeder’s Choice, Inc.
Mars Incorporated
Victor Pet Food
Nestle S.A.
Schell & Kampeter, Inc.
Hill’s Pet Nutrition, Inc.
PetAg, Inc.
Royal Canin
Billy + Margot Ltd.
Merrick Pet Care, Inc.
Fromm Family Foods LLC
NutriSource
Nutro Company
Precise Pet Products
Petcurean
WellPet LLC
GoFromm.com, Inc.

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

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.

About FMI

Algae Omega Market: Key Analysis, Size, Share, Growth, Trends and Forecast -2030

Algae omega are omega-3 fatty acids derived from a plant-based source of single-celled microscopic organisms, micro-algae, kelp, and seaweed. Consumers have a misconception that fish oil and other fish products are the only source of omega-3s. Algae omega supplements happen to be an ideal source of omega-3s, certified by several food associations for vegan and vegetarian consumption.

Algae omega plays a significant role in human diet and nutrition by offering end-use application in pharmaceuticals, dietary supplements, clinical nutrition, and infant nutrition. Hence algae omega is a popular choice for food and beverage fortifications and also plays its part in animal nutrition. The rising demand for algae omega is mainly influenced by its major use of dietary supplements.

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Owing to its plant-based origins, algae omega supplements are gaining traction in the vegan and plant-based community. Increasing diet consciousness among the millennials and Gen Z generation is expected to uplift the growth of algae omega market and in addition to this, manufacturers are shifting from traditional algae farming to closed photo-bio reactor technology for obtaining a faster production rate.

The demand for algae omega is expected to increase in the emerging countries of South Asia during the projected period.

Robust Growth of EPA and DHA Segments to Create Lucrative Opportunity for Global Algae Omega Market

EPA and DHA are types of omega-3 fatty acids produced by micro algae and are commonly used together in various infant formulas and food fortification. The combination of these fatty acids aid vision health, support brain health, and promote cardiovascular and respiratory function.

Out of the different forms of algae omega supplements, algal oil is gaining recognition among the vegan and plant-based consumers, mostly due to the growing need of plant-based omega-3 fatty acids such as EPA and DHA. The main reason for EPA and DHA to be the fastest growing segments is that it is pure and safe, i.e., it does not pose a risk of contamination with pollutants such as polychlorinated biphenyls.

Thus, robust growth of EPA and DHA segments is expected to create a lucrative opportunity for global algae omega market.

Global Algae Omega: Key Players

Some of the key players manufacturing Algae omega are as follows –

Archer Daniels Midland Company
Cellana, Inc.
Nordic Naturals
AlgiSys
Solarvest BioEnergy
Novotech Nutraceuticals Inc.
Koninklijke DSM N.V.
Corbin N.V.
Polaris Industries
BASF SE
Source Omega LLC
Neptune Wellness Solutions Inc.
Algaecytes
BioProcess Algae, LLC
TerraVia Holdings, Inc.
Qualitas Health.

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Opportunities for Global Algae Omega Market Participants:

Vegan and vegetarian consumers are picking up that need a wellspring of long-chain omega-3 unsaturated fats are showing interests toward algal oil. Growing research and development to extract omega-3 fatty acids from various types of algae is expected to create a competitive environment among the market players, further driving the growth of global algae omega market.

COVID-19 Impact:

The algae omega supplements play an important role in infant formulas and other baby food products deeming it as an essential item. Also, its use in clinical nutrition further bolsters the point that algae omega is essential for promoting healthy immune function, metabolism, and controlled blood sugar levels amidst the corona virus crisis. Owing to the product’s vast nutraceutical and pharmaceutical applications, the COVID-19 pandemic is expected to have a negligible impact on the global algae omega market.

The algae omega market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Report Highlights:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the algae omega market
Recommendations to companies for strengthening their foothold in the algae omega market

About FMI

Tempeh Market Key Segmentation with Supply Chain Analysis, by Regional data, Development, Growth-2026

The global tempeh market was valued at US$ 3,842.8 Mn in 2019. The market has exhibited a considerable rise during 2013 -2018 and the trend is likely to continue as the market exhibits a CAGR of 6.1% between 2019 and 2026. The rising demand for meat analogs that are similar in texture and taste of meat is aiding the growth of the market.

Nearly 16% of the world population takes soybean, while several are concentrating on getting accustomed to the intake of plant-based products on most occasions. From the past few years, tempeh producers have amplified production across their manufacturing facilities. Besides this, soy-based food materials such as tempeh and tofu are gaining traction in the market. Soy-based foods such as tofu and tempeh also provide an economic advantage, starting from farming to the advertisements.

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The tempeh market is witnessing rising demand as consumers are looking for natural food products that will improve their health. Furthermore, customers are showing interest in GMO-Free and organic products in the food and beverage industry which provides distinctive mouthfeel along with health benefits.

“The rising popularity of vegan and flexitarian diet is anticipated to boost the market for tempeh in the forecast period. Key players are adopting diverse strategies to maintain a strong foothold in the tempeh market.” says an FMI analyst.

Key Takeaways from Tempeh Market Study

According to FMI study’s on the tempeh market, a large consumer base is looking for products that are naturally sourced. Tempeh is a fermented food product and falls under the category of functional foods, which grabs the rapidly rising consumer interest for healthy lifestyle and healthy food. Thus, the demand for tempeh is surging.
The global tempeh market has been segmented based on source, where the soybean-based tempeh holds the major share. However, in the upcoming period, the multi-grain based segment is projected to show optimistic growth in due to its rising application in different food products.
Based on nature, the global tempeh market is segmented into organic and conventional types. Due to growing health concern, consumers are looking for products that are grown naturally and are free from chemicals and are not genetically modified.
The global tempeh market is studied on the basis of flavor, in this category the market share for plain is higher than herbs& spiced category.
In terms of product type, the fresh type segment accounted for 85% of the total tempeh market share.
Europe and APAC are expected to lead the global tempeh market in terms of value. The demand for tempeh is considerably high in North America, which is anticipated to show a high growth rate in the upcoming years. Due to the increasing number of flexitarian/ vegan population, the demand is expected to increase in North America. The Latin America market, dominated by Brazil, is also exhibiting high demand for tempeh.

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Who is winning?

Turtle Island Foods, Inc., Henry’s Tempeh, Nutrisoy Pty Ltd, Totally Tempeh, Mighty Bean Tempeh Sunshine Coast, Margaret River Tempeh, Byron Bay Tempeh, Organic Village Food, Tempeh Temple, Primasoy, Gwen Tempeh, Rhapsody Natural Foods, Lalibela Farm Tempeh, SBC Tempeh Manufacturers, TOFU Manufaktur Nagel GmbH, Alive & Healing Inc., Impulse Tempeh, Natural Oriental Fresh Foods BV, and Schouten Europe B.V. are some of the key market players.

Leading companies operating in the tempeh market are aiming at regional expansion via targeting the local distributers to upscale their tempeh sales and to provide high-quality products to the customers.

In May 2014, the company Turtle Island Foods, Inc. launched an online shopping website dedicated to consumers in Brazil. This will enable all its Brazilian vegan consumers to buy its 10 vegan products – vegan sausages, ground soybeans, and tempeh.
In October 2017, Turtle Island Foods, Inc. launched a range of protein-packed vegan sandwiches. It launched four sandwiches which include the following – tempeh, bacon, lettuce, and tomato, chipotle chicken, hamstyle salad, and chicken sweetcorn.
In October 2016, the company Henry’s Tempeh expanded its processing facility based in Kitchener. The company is further targeting doubling its production capacity, which is a significant feat considering the tricky process of producing tempeh.

Valuable Insights into Tempeh Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global tempeh market, presenting historical demand data (2013-2018) and forecast statistics for the period from 2019-2026. The study divulges compelling insights into the tempeh market based on

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Source

Soybean
Multigrain
Others

Nature

Organic
Conventional

Flavour

Plain
Herbs & Spice

Product Type

Frozen
Fresh
Ready-to-eat

Distribution Channel

Direct
Indirect
- Hypermarkets/Supermarkets
- Convenience Stores
- Food & Drink Specialty Stores
- Traditional Groceries
- Online Retailers

Region

North America
Latin America
Europe
APAC
MEA

About FMI