Market Research Blog – Page 10550 – New Product Development

Thermoformed Containers Market is Expected to Generate Huge Profits by 2027

Sales of Thermoformed Containers Market is expected to surpass US$ 23.9 Bn by 2027, likely to Grow Moderately at 4.7% CAGR during the assessment period.

Thermoformed containers industry are products made using a thermoforming process where the closed-cell foams or rigid plastics are heated to a pliable temperature and molded using pressure and vacuum forming techniques for the desired shape. The prime objective of this report is to offer insights and key market trends of the global thermoformed containers market that are gradually helping transform global businesses.

The market numbers have been assessed on the basis of consumption and weighted average pricing of thermoformed containers on the basis of product type. The global thermoformed containers market report begins with the executive summary for various categories and their share in the thermoformed containers market. It is followed by the dynamics of the thermoformed containers market and an overview of the global thermoformed containers market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of the thermoformed containers market.

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The global thermoformed containers market is segmented as per material type, product type, and end use. On the basis of material type, thermoformed containers are segmented as polyethylene, polypropylene, polyvinyl chloride, polystyrene, and other materials. On the basis of product type, the global thermoformed containers market is categorized as blisters, clamshells, cups & bowls, and trays & lids. By end use, the global thermoformed containers are categorized into food & beverages, pharmaceuticals, personal care & cosmetics, home care products, and electronics & electrical and others.

Competitive Landscape

Leading players in the global thermoformed containers are adopting strategies such as new product launch, capacity expansions, collaborations, mergers, and acquisitions with other companies to expand their production capacity and product portfolio. For instance:

In September 2021, Pactiv Evergreen Inc., a leading food and beverage packaging manufacturer, announced acquiring a provider of plastic foodservice and custom thermoformed packaging, Fabri-Kal Corp. for US$380 Mn to expand its production capacity and increase customer base across the food and beverage sector.

Key Companies Profiled

Sonoco Products Company
DS Smith plc
Bemis Company Inc.
Berry Global Group
Anchor Packaging Inc.
Coveris Holdings S.A.
Borealis AG
Huhtamaki Oyj.
Silgan Holdings Inc.

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Country-wise Analysis

Why is the U.S. Thermoformed Containers Market Witnessing High Demand?

“Rising Emphasis on Launching Consumer-convenient Solutions to Elevate Thermoformed Plastic Trays Sales”

As per Future Market Insights, the U.S. is projected to dominate the market in North America thermoformed containers market, which is expected to account for nearly 21.2% of the total market share in 2022.

Surging demand for durable packaging solutions and growing trend of pursuing artistic activities such as painting are compelling manufacturers to launch trendy and consumer-convenient solutions such as paint trays and others.

For instance, in 2020, LINDAR Corp., a leading plastic thermoforming manufacturer, launched a new range of thermoformed PAINTWELL products including paint trays, heavy gauge plastic parts, and paint trays liners. A slew of such product launches is estimated to bolster the sales of thermoformed plastic trays in the U.S. market.

Which is the Leading End use Segment in the Thermoformed Containers Market?

“Introduction of Food & Beverage Application-specific Packaging to Shoot-up the Thermoformed Food Containers Sales”

In terms of end use, the food & beverage segment is forecast to account for 42.4% of the total thermoformed containers demand by the end of 2022.

The introduction of easily recyclable, printable, and food & beverage application-specific containers is fueling sales of thermoformed food containers in the segment. Also, growing demand for packaged and on-the-go food products due to fast-paced lifestyle of consumers is driving the growth across the segment.

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Thermoformed Containers Market by Category

Material Type :

Polypropylene
Polyethylene
Polyvinyl Chloride
Polystyrene
Others

Product Type :

Blisters
Clamshells
Cups & Bowls
Trays & Lids

End Use :

Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Home Care Products
Electronics & Electrical
Others

Regions :

North America
Latin America
Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa

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Micro Balloon Catheter Market worth USD 416 million by 2032 – Exclusive Report by Future Market Insights

Micro Balloon Catheter Market Outlook (2022-2032)

The global micro balloon catheter market is forecasted to be appraised at US$ 416 million by 2032, up from US$ 286 million in 2022, advancing at a CAGR of 3.4% during the forecast period.

The micro balloon catheter is defined as an innovative medical device, which comprises a guidewire and a catheter. It is inserted into the femoral artery in the leg or sometimes in the radial artery in the arm to treat constricted blood vessels.

The demand for micro balloon catheters is increasing due to the increasing prevalence of cardiovascular diseases. The micro balloon catheters also include minimally-invasive procedures for opening blocked or narrowed coronary arteries caused by coronary artery diseases (CAD), which is bolstering the sales of the micro balloon catheters.

The micro balloons catheter market is likely to witness significant growth during the forecast period as there is a rise in the prevention of heart attack and angina in patients suffering from coronary artery diseases.

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What are the Key Driving and Restraining Factors in the Micro Balloon Catheters Market?

The major factors driving the growth of the micro balloon catheter market are the rising prevalence of cardiac diseases and the increasing geriatric population. There are growing cases of cardiology intervention procedures worldwide, which is fueling the demand for micro balloon catheters.

Moreover, the surge of interventional cardiology has been facilitating the utilization of micro balloon catheters, and there is a rise in the prevalence of patients affected with end-age renal diseases that are bolstering the sales of micro balloon catheters.

Furthermore, the number of patients seeking renal replacement therapy has also increased. Leading manufacturers of catheter devices are developing efficient and cost-effective solutions. These incidences are anticipated to influence the growth of the micro balloon catheter market over the coming years.

In addition to that, various factors like rising investments in research and development activities concerning micro balloon catheters are expected to boost the demand for this product. The use of micro balloon catheters in cardiac catheterization laboratories is one of the key drivers of micro balloon catheter market shares.

Moreover, a rise in disposable income and growing expenditure in the healthcare sector is fuelling the growth of the micro balloon catheter market. Several governments are providing reimbursement policies to support the people suffering from cardiovascular diseases. These driving factors are responsible for the demand for micro balloon catheters.

Awareness campaign by NGO about awareness of cardiac diseases is a low driving factor for the micro balloon catheter market. New innovative technologies and increasing product launches for balloon catheters have upsurged the growth of the micro-balloon catheter market. The manufacturing or low-cost micro balloon catheters by manufacturing companies can provide the opportunity for this market to grow in low-economic countries.

However, the costs of angioplasty procedures are very high, coupled with the risk of artery collapse and infection related to balloon catheterization, which in turn is expected to impede the sales of micro balloon catheters, restraining the market growth for micro balloon catheters.

Furthermore, there are stringent regulatory authorities and choices of alternatives such as bypass surgery that are likely to hinder the growth of the overall micro balloon catheter market.

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What is the Regional Outlook for the Micro Balloon Catheters Market?

North America is estimated to account for the largest share of micro balloon catheters market share, comprising 33% of the global market share for micro balloon catheters.

However, in terms of revenue, Europe will account for the largest share of the market during the forecast period.

The factors driving the growth of the micro balloon market in these regions are an increase in patient awareness, simple access to innovative healthcare services, and growing demand for advanced micro balloon catheters are accelerating the market growth in these regions.

The increasing number of patients undergoing cardiac surgeries has increased the demand for micro balloon catheters. Micro balloon catheters are segmented on the basis of material, indication, and end-user. On the basis of material, a micro balloon catheter is classified as latex, silicone, and others. Therefore, these regions are expected to boom in the forecast period.

Who are the key players in the Micro Balloon Catheters Market?

The key players in the micro balloon catheters market are: Terumo Corporation, Cook Medical, Piolax Medical Devices Inc., Boston Scientific Corporation, Stryker Corporation, Medtronic plc., Edward Life Sciences Corporation, MicroPort Scientific Corporation, B. Braun Melsungen AG.

What are the Key Trends and Notable Developments in the Micro Balloon Catheters Market?

Some of the notable developments in the micro balloon catheter market are:

In July 2021, Medtronic launched the newest-generation drug-coated balloon catheter ‘Prevail™’ for the treatment of coronary artery disease in Europe after the device was awarded the CE (Conformité Européene) mark.
In June 2021, Neurescue received the 510k clearance from the US Food and Drug Administration for their NEURESCUE® device, ‘the world’s first intelligent balloon catheter’, devised for the temporary occlusion of large vessels such as the aorta.
In March 2021, Alvimedica received the CE mark approval for their Fluydo™ NC, a new PTCA NON-COMPLIANT Balloon Catheter. The device comprises a new Non-Compliant Balloon designed to dilate the hardest lesions located into the most difficult and challenging coronary lesions in an efficient manner.

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Key Segments

By Indication:

Coronary Artery Diseases
Peripheral Vascular Disease

By End-Users:

Public Hospitals & Private Hospitals
Ambulatory Surgical Centres
Cardiac Catheterisation Laboratories

By Balloon Type:

High-Pressure Balloons
Elastomeric Balloons

By Catheter Type:

Over-The-Wire (OTW) Balloon Catheters
Rapid Exchange (RX) Balloon Catheters
Fixed-Wire (FW) Balloon Catheters

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

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Pulp Moulding Machines Industry Will Grow at 3.6% CAGR from 2021-2031

“Global market valuation of pulp moulding machines industry is expected to surpass US$ 692 Mn by 2021,” reveals the recent research study by Future Market Insight (FMI). According to the report, the pulp moulding machines market is projected to expand at a CAGR of ~ 3.6% during the forecast period of 2021-2031.

According to FMI’s report, increased adoption of sustainable materials in food & consumer goods packaging is expected to gain momentum for moulded pulp containers and allied products.

Sales of advanced pulp moulding machines are projected to increase with rising demand for single-use sustainable packaging products. The need for automation, improved efficiency, and lower energy consumption in manufacturing of packaging products is leading end users to adopt more advanced pulp molding machines.

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In order to satisfy the evolving customer demand for better performing machinery at reasonable prices, manufacturers are adopting the strategy of up-gradation and optimization. Pulp moulding machine manufacturers are actively focusing on quality improvement of their products and energy optimization in production. The European pulp moulding machine manufacturers are at the forefront in research & development activities.

Rotary machines with automatic features are expected to be highly attractive pulp moulding machines during the forecast period. As small & medium scale end users adopt pulp molding machines, sales of semi-automatic pulp moulding machines are estimated to grow at an impressive rate during the forecast period.

The pulp moulding machine with 1,501-3,500 units/hr. capacity is likely to gain momentum in the global pulp moulding machines market, owing to affordability and efficiency.

The rising demand for molded pulp trays from the food & beverages industry is expected to boost the demand for tray pulp moulding machines. Fruit & egg packaging is estimated to be the leading end-use application of pulp moulding machines in 2021.

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South & East Asia Remains the Main Growth Engine for Pulp Moulding Machines

The gigantic food industry in South & East Asia is offering a lucrative sales opportunity for moulded pulp packaging products. Additionally, factors such as rising consumer awareness of sustainable products, expansion of retail distribution, and global food chains entering the market are significantly contributing to the pulp moulding machines market growth.

The food delivery channels are gaining traction in the Asia Pacific region, which also provides high market growth to the food packaging industry. The overall development of the food industry in the Asia Pacific region is expected to provide an impressive growth to the pulp moulding machines market during 2021-2031.

According to the study, environmental, social, and economic concerns have resulted in a growing demand for sustainable packaging products including trays, containers, cups & bowls, plates, and others. Thus, the global moulded fiber packaging market is expected to experience significant growth during the forecast period.

The global retail sector is showing strong performance across the globe. Also, rising concerns of single-use plastic among consumers is likely to create a massive opportunity for stakeholders active in the global pulp moulding machines market during the forecast period.

South & East Asia Remains the Main Growth Engin

FMI’s business intelligence also highlights significant insights into the competitive scenario of the pulp moulding machines market along with manufacturers’ differential strategies. Key players in the pulp moulding machines market are focusing on after-sales services and efficiency enhancement to gain popularity among end users.

For example, BeSure Technology Co., Ltd is strongly focusing on research and development activities to improve the performance of its machines. To achieve the same, the company established a research and development center in Europe to become an international company with China-Europe technical co-operation.

According to FMI’s report, manufacturers are also concentrating on the expansion of businesses in the developing markets and partnering with new value chain participants to achieve sales growth.

PLL Clock Generator Market Size, Price, Trends Forecast Report to 2027

Today clock generators have become the basic building blocks of all electronics. They have a wide variety of applications, ranging from a small memory chip to a supercomputer. Clock generators basically generate waveforms, which are required for working of any at a particular frequency, as required by the equipment.

In many applications, oscillators are used for the same, but a clock generator can generate a variety of frequencies, which cannot be generated using an oscillator. Basically, a clock generator has two components, namely resonators and crystals.

Apart from the umpteenth of uses of clock generators, PLL clock generators came into the market because of the additional advantages it carries like low noise and jitter. Basically, a PLL is a phase locked loop, which is used to remove the error which occurs in the frequency generated.

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It removes the error in the frequency by comparing the output with a reference signal and then generates an error signal, and the output signal gets corrected by error signal, by either decreasing or increasing it, and then the correct signal is locked which is then sent to the specified application, thus improving the accuracy of the generated frequency.

Global Market of PLL Clock Generator: Drivers and Restraint

With the increasingly stringent timing constraints required in high-performance systems extensively used in day to day applications today, the PLL clock generator is finding their applications in myriads of devices. This extensive use of PLL clock generator is expected to increase its demand in the market, witnessing a healthy CAGR in the forecast period.

Phase/delay compensation, frequency multiplication, duty cycle correction, decreased noise and jitter are some of the key benefits, offered by the PLL clock generator, which are not present in the simple clock generators. As the PLL clock generator is the basic building blocks of any systems, these benefits basically eliminate all the errors that can occur while frequency generation. This highly reduces the probability of errors in the overall system, may the PLL clock generator is deployed in any system.

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Factors such as high cost can be expected to make a negative impact on the market in short term, but as the benefits from PLL clock generator is ascertained, the overall impact will diminish in the long term. However, the paradigm shift in using basic clock generators to PLL clock generators, due to reduced jitter and noise, thereby increasing overall efficiency of the systems in which the PLL clock generators are deployed, is expected to continue propelling market for PLL clock generators during the forecast period

Asia Pacific continues to be the hotbed of the electronics market, thus propelling most of the demand for the PLL clock generators. Further, North America market led by the US is expected to remain second largest market for PLL clock generator, the trend expected to continue over the years, followed by Western Europe also expected to witness healthy CAGR

Global Market of PLL Clock Generator: Key Players

Cirrus Logic, Microsemi Corporation, ON Semiconductor, Maxim Integrated, Integrated Device Technology, Inc., and Texas Instruments Incorporated, are some of the key players in the PLL Clock Generator market.

Key development

Product launch

In August 2015, Texas Instruments launched LMK03328. The product has an edge over the other PLL clock generators because of an Ultra-Low Jitter Clock Generator and can generate multiple clocks for various multi-gigabit serial interfaces and digital devices which improves reliability and the ultra-low jitter reduces the bit error rate in high speed serial links

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Regional analysis for Global PLL Clock Generator Market includes

North America Market
- US
- Canada
Latin America Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
Eastern Europe Market
- Poland
- Russia
- Rest of Eastern Europe
Asia Pacific Market
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
Japan Market
Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

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.

Global Market of PLL Clock Generator: Segmentation

Segmentation of PLL Clock Generator on basis of Output frequency:

The PLL Clock Generator services can be segmented into:

Less than 200 MHz
200-400 MHz
400-600 MHz
600-800 MHz

The major segments of output stage in this market include:

CMOS
CMOS, PECL
Clock
PECL
LVCMOS

Segmentation of PLL Clock Generator on basis of regions:

North America
Latin America
East Europe
West Europe
Asia-Pacific excluding Japan
Japan
Middle East & Africa.

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Melatonin Sleep Supplements Market Size is Expected to Generate Huge Profits by 2020 | CAGR 7.6%

During the forecast period, the melatonin sleep supplements market is expected to reach a market evaluation of a CAGR of 7.6% in the global market. The melatonin sleep supplements market is likely to grow its revenue to US$ 474 Mn in 2022 and is anticipated to cross US$ 1,059 Mn by 2032.

60% of adults have sleep issues every night, according to the National Sleep Foundation (NSF) Sleep in America polls, pushing the demand for melatonin sleep supplements.

Increasing stress levels and anxiety in millennials are escalating sales of melatonin sleep supplements.

The adoption of melatonin sleep supplements reduces the side effects of chemotherapy and increases the survival period of cancer patients.

An increasing number of healthcare suppliers for chronic diseases and lifestyle expands the melatonin sleep supplements market size.

The antioxidants in melatonin expand its applications across pharmaceuticals and food & beverages, broadening the melatonin sleep supplements market share.

The online retail industry and an increasing number of online users purchasing contribute to melanin sleep supplement market growth.

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What are the Key Attributes that Drive the Melatonin Sleep Supplements Market?

Diversity in types of melatonin supplements available in the market increases sales of melatonin sleep supplements.

Work-life imbalance arises several mental conditions like insomnia, short-term anxiety and stress, further expanding the melatonin sleep supplements market share.

The adoption of melatonin sleep supplements ensures proper and regulated sleep-aiding in the prevention of cancer.

Adverse environmental conditions and extreme screen-time before bed upsurge demand for melatonin sleep supplements.

Poor eating habits causing sleep disorders grow the global melatonin sleep supplements market share.

The option of consumption by all age groups drives the sales of melatonin sleep supplements due to common side effects.

The requirement for dietary supplements consequently grows the demand for melatonin sleep supplements.

The production of progenitor cells of granulocytes and macrophages required to stimulate the immunity system escalated the sales of melatonin sleep supplements.

What are the Drawbacks of Melatonin Sleep Supplements?

Lack of awareness on supplement intake causes an overdose, curbing the global melatonin sleep supplements market share.

Growing alternative treatments for insomnia reduces the demand for melatonin sleep supplements.

Strict governmental rules and regulations on prescribed medications such as melatonin supplements can hinder the sales of melatonin sleep supplements.

Trade disruption and border closures during the pandemic hampered the global melatonin sleep supplements market share.

Manufacturing melatonin curtails owing to fluctuating prices of raw materials obstructs melatonin sleep supplements market size.

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What are the Scopes of the Melatonin Sleep Supplements Market?

Developed healthcare infrastructure triggers extensive demand for melatonin sleep supplements.

The increasing occurrence of periodic sleep-related disorders, cycle-related disorders, and the rising number of vendors expands the global melatonin sleep supplements market share.

Improving the middle-class population’s disposable income increases melatonin sleep supplements’ sales.

The requirement for immunity booster medicines to prevent rapidly growing chronic diseases propels melatonin sleep supplements market size.

Manufacturers incorporating the supplements with different flavours can increase demand for melatonin sleep supplements.

What is the Regional Analysis of the Melatonin Sleep Supplements Market?

North America is the leading market occupying about 36.7% of the melatonin sleep supplements market share in 2022 due to the fast pace life and increasing cases of insomnia in youngsters.

Europe is succeeding in the melatonin sleep supplements market share with a CAGR of 18.3% in 2022.

Herbal sleep ailments are high in demand in this region compared to chemical sleep ailments.

The Asia Pacific is anticipated to experience delayed advancements owing to fewer availability of melatonin sleep supplements.

What are the Key Developments of Melatonin Sleep Supplements Market?

Some of the key participants of the U.S. car rental market size are Amazing Nutrition (Good Brands LLC), Just Potent LLC, Life Extension Foundation Inc., Natrol LLC (Aurobindo Pharma USA, Inc.), NOW Foods, Optimum Nutrition, Inc. (Glanbia plc), Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.), Reckitt Benckiser Group plc., Robinson Pharma, Inc. and The Nature’s Bounty Co. (KKR & Co. Inc.), Matsun Nutrition, Ion Labs Inc., Advanta Supplements, etc.

Some of the recent developments in the melatonin sleep supplements are

Takeda Pharmaceutical Co. Ltd. announced a partnership and an agreement with Unipharm Inc., in January of 2018.
Natroll LLC. launched advanced Vitamin B6 sleep tablets with 100% drug free that helps to fall asleep for longer hours.
In 2020, new melatonin supplements in orange flavour that quickly dissolve in the mouth were launched by Nature’s Bounty Inc.

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Report Attribute

Growth Rate

CAGR of 7.6% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 – 2020

Forecast period

2022 – 2032

Quantitative units

Revenue in USD million and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Form, Application, Sales Channel, and Region.

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Amazing Nutrition (Good Brands LLC), Just Potent LLC, Life Extension Foundation Inc., Natrol LLC (Aurobindo Pharma USA, Inc.), NOW Foods, Optimum Nutrition, Inc. (Glanbia plc), Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.), Reckitt Benckiser Group plc., Robinson Pharma, Inc. and The Nature’s Bounty Co. (KKR & Co. Inc.), Matsun Nutrition, Ion Labs Inc., Advanta Supplements, etc.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Key Segments

By Form:

Powder
Liquid
Capsule

By Application

Sleep Disorders
Anxiety
Cancer

By Sales Channel

Online
Retail

By Region

North America
Latin America
Asia Pacific
Europe
MEA

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Packaging Additives Market Size, Share & Forecast | US$ 650 Mn by 2026

The global packaging additives market outlook is set to enjoy valuation of US$ 549 Mn in 2022, with the market predicted to expand at a CAGR of 4.3% and attain a net worth of US$ 650 Mn by the end of 2026.

In the packaging industry, packaging additives have prominent applications in end-use industries like food and beverages and pharmaceuticals. The rise in disposable income and increase in economic growth are the significant factors driving the growth of the global packaging additives market. One key driver in the global packaging additives market is the expansion of convenient packaging and food industry in various emerging countries across the globe.

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Key players considered in this report on global packaging additives market include

AkzoNobel N.V.
ALTANA Group
Arkema
BASF SE
ColorMatrix Group
Flint Group
Henkel
Huber Group
Lubrizol Corporation
PPG Industries Inc
Sun Chemical Corporation
Valspar Corporation
Wacker Chemie AG
Evonik

Many unrecognized and local players are expected to contribute to the global packaging additives market during the forecast period.

The packaging industry in regions such as North America and Europe is highly mature and supports manufacturers to promote market growth in other regions. Growth opportunities in the packaging additives market due to the variation in the food consumption habits in regions such as Middle East and Asia Pacific excluding Japan is prompting various leading manufacturers of packaging additives to set up the production units in this regions.

The growth of packaging additives can mainly be attributed to the contributions of emerging economies in North America such as the U.S. and Canada. The U.S. is expected to be at the forefront, spearheading the growth of the packaging additives market, during the forecast period. According to the research by Future Market Insights, the U.S. packaging additives market has witnessed rapid growth in the past couple of decades. As per volumetric analysis, the plastic sub segment in the substrate segment is projected to dominate the packaging additives market. So, packaging additives manufacturers are looking forward to developing such biodegradable bioplastics that will reduce the carbon footprint.

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Key Segments of Packaging Additives Industry Survey

By Substrate Type :

Packaging Additives for Plastics
Packaging Additives for Metals
Packaging Additives for Paper & Paperboards
Others (Glass)

By Product Type :

Antimicrobial Agents
Antifog Agents
Antistatic Agents
Clarifying Agents
Oxygen Scavengers
UV Stabilizers

By Packaging Type :

Packaging Additives in Flexible Packaging
Packaging Additives in Rigid Packaging

By Region :

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

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The companies involved in the manufacturing of packaging additives are focusing on enhancing their production capacity by establishing new production units. The key motive is to have a worldwide presence through collaborations, acquisitions, or by exports in the packaging additives market. The manufacturers of packaging additives are likely to eye the lucrative regions of North America and the Asia Pacific in the coming years.

Various vital players find regions such as the Asia Pacific and Middle East & African attractive to develop packaging additives plants in the coming years. Some of the key drivers for the growth of the global packaging additives market include growing demand from the food & beverage industry due to its biodegradable nature.

The packaging additives market in Asia Pacific Excluding Japan (APEJ) is expected to create the highest incremental $ opportunity during the forecast period and is expected to grow at a significant pace in the coming years. The revenue from the packaging additives market in North America is estimated to account for over 21.9% of the global packaging additives market revenue in 2018.

Demand of Sealant Web Films Market – Global Revenue Growth Expectations in the Near Future

The sealant web films market size is estimated at USD 376 Million in 2022 and is projected to reach USD 473 Million by 2028, at a CAGR of 3.9% from 2022 to 2028.

Sealant Web Films Market: Analysis & Forecast

Multilayer packaging films have benefits over mono-layer packaging ones due to their efficiency and durability during transportation. Sealant web films are used for both, to laminate a packaged product and to make bags & pouches from it. Sealant web films with multilayer packaging should have low melting point so that they can be heat-sealed easily.

Sealant web films are used in the food & beverage packaging industry. Hence, sealant web films that do not react with food are especially manufactured. Sealant web films are made up of heat sealable materials like polyolefin, resulting into a better performance of the multi-layer film.

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Sealant web films maintain integrity of packaging and protect its contents from leakage and degradation. Sealant web films are usually used in the inner-most layers of packaging films to enhance their performance and sealing strength. Barrier protection is a necessary factor for maintaining the aroma & flavor of food, but it is much more beneficial to add sealant web films in co-extruded films or to laminate the packaged product with them.

Introduction of varieties such as metallized films and bio-based films in sealant web films are Changing preferences of brand owners and manufacturers. Sealant web films, when metallized, have converted a 3-ply structure of a film into 2-ply structure which is a crucial factor in technical specifications of a product.

The food & beverages segment is estimated to have the highest growth rate and market share in the upcoming years in the sealant web films market, as per the increasing consumer demands & need for convenient packaging solutions. Sealant web films are expected to have an incremental opportunity in the food sector, as sealing is an essential factor for viscous products.

Global sealant web films market has been segmented as per material type, thickness type, application, and end use. On the basis of material type, sealant web films market analysis has been classified into low density polyethylene (LDPE), linear low-density polyethylene (LLDPE), poly lactic acid, ethylene vinyl acetate, ethylene vinyl alcohol, and polypropylene. Ethyl vinyl acetate is used as a sealant web film material, as it has high clarity & gloss that adds value to its toughness.

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Polypropylene is usually used as a sealant web film material for steam sterilization applications. On the basis of thickness type, sealant web films market has been segmented into -less than 15 microns, 15-35 microns, 35-50 microns, and above 50 microns. On the basis of application, sealant web films market has been segmented into bags, flat pouches, and stand up pouches.

On the basis of end use, sealant web films market has been segmented into food & beverages, pharmaceuticals, cosmetics & personal care, textile, electronics & electrical, and homecare products. The classification of the sealant web films market is done on the basis of the sealant material used in a packaging film. Sealant web films are used to manufacture bags and pouches for retail and industrial purposes.

The sealant web films industry is estimated to have high growth in the upcoming years due to a high requirement for sealing and an increment in the transportation of variety of products. Key manufacturers in the sealant web films market are coming up with innovative packaging solutions using sealant web films. Variety in stand-up pouches and other consumer convenient bags are introduced for consumer preferences.

What is the Impact of COVID-19 Pandemic on the Global Sealant Web Films Market?

Due to the Covid-19 pandemic, people are concerned about health more than ever that has generated a rapid increase in the demand for food packaging, especially the shelf-ready food packaging to fill up the grocery, packaged, processed products, etc. The strict lockdown has forced both consumers to switch over to online food ordering increased the dependency on the e-commerce industry during a pandemic.

The sealant web films prevent the spread of contamination, diseases and eliminate the chances of unwanted environmental reactions on food items causing damage and spoilage has created a significant demand during a pandemic. The seal strength is essential in food packaging ensuring the product reaches consumers without spoilage and maintaining the food quality.

Owing to the factors of food as the essential products and food packaging is the most crucial factor during a pandemic due to avoiding the spread of virus and contamination has experienced a drastic increase in the demand for food packaging sealant web films market.

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Sealant Web Films Market: Competitive Landscape

Toray Industries Inc., Berry Global Inc., Plastic Suppliers Inc., Jindal Poly films Ltd., Polifilm GmbH, Bemis Company Inc., DIC Corporation, Dai Nippon Printing Co., Ltd., Dow DuPont Inc., and Avery Dennison Corporation.

Multi-Parameter Patient Monitoring Market Study: An Emerging Hint of Opportunity by 2028

According to the latest market study of Future Market Insights (FMI), the global Multi-Parameter Patient Monitoring Market Size is expected to reach the valuation of US$ 6.1 billion by the end of 2028. Over the decade-old projection period, 2022-2028, the global revenue through demand for multi-parameter patient monitoring devices and services will reportedly moderately grow at a CAGR of 4.6%, says FMI.

The study finds that the multi-parameter patient monitoring market in North America and Europe, combined, will account for a share of over 60% of the total revenue. The concentration of global multi-parameter patient monitoring market revenue in developed regional markets has been attributed to consolidation of healthcare facilities and rapid technology adoption within these regions.

Rising affluence in emerging markets and increasing aging population in developed economies are expected to boost the healthcare spending, which is expected to boost the multi-parameter patient monitoring market. Increasing healthcare spending is expected to boost the demand for chronic disease treatment, thereby creating high growth opportunities for competitors in the global the multi-parameter patient monitoring market landscape.

Multi-parameter Patient Monitoring Systems Ubiquitous in Emergency Care Units

According to the World Bank, around 1.25 million people get injured in road accidents, annually.
The global cost of addressing road traffic injuries is estimated to be over US$ 500 billion, each year.

FMI finds that the rising number of accidents has increased the rate of hospital admissions, particularly in emergency care, which is expected to be another factor driving the global multi-parameter patient monitoring market.

Moreover, the market for multi-parameter patient monitoring sales is rising due to the increasing demand for improved intensive care in the healthcare system. Earlier, intensive care services were limited to developing countries, however, with increasing awareness about the importance of better patient care, the demand for intensive care is also increasing in the developing and emerging regions.

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Dearth of Skilled Healthcare Professionals May Continue to Restrict High-potential Sales Opportunities

People who treat patients directly and play a vital role in a healthcare system are meant to be the primary line of defence against widespread epidemics. However, the lack of skilled professionals is likely to hamper the growth of the global multi-parameter patient monitoring market.Some of the countries of the Asia Pacific region do not have the required number of skilled professionals for patient care and handling, which continues to challenge market growth within the region.

Multi-parameter Patient Monitoring Market Segmentation Analysis

Based on the acuity level, the global multi-parameter patient monitoring market has been segmented broadly into high acuity level, mid acuity level, and low acuity level. The high acuity level segment is expected to hold a prominent share in the global multi-parameter patient monitoring market value.
Based on modality, table-top multi-parameter patient monitors will continue to handheld or portable variants, according to FMI’s analysis.
Among end user segments, maximum adoption of multi-parameter patient monitoring devices and services will reportedly prevail in hospitals, as indicated by the report.

Some of the key players of the multi-parameter patient monitoring market are General Electric Company, Koninklijke Philips N.V., Medtronic plc, OSI Systems, Inc., Nihon Kohden Corporation, Drägerwerk AG & Co. KGaA (Draeger, Inc.), Masimo, Contec Medical Systems Co., Ltd., General Meditech, Inc., Mindray Medical International Limited, and Schiller AG.

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Key Segments of Multi-Parameter Patient Monitoring Industry Survey

Multi-Parameter Patient Monitoring Market by Acuity Level:

High Acuity Level Multi-Parameter Patient Monitoring
Mid Acuity Level Multi-Parameter Patient Monitoring
Low Acuity Level Multi-Parameter Patient Monitoring

Multi- Parameter Patient Monitoring Market by Modality:

Handheld/Portable Multi-Parameter Monitors
Tabletop Multi-Parameter Monitors

Multi-Parameter Patient Monitoring Market by End User:

Multi-Parameter Patient Monitoring at Hospitals
Multi-Parameter Patient Monitoring at Ambulatory Surgical Centres
Multi-Parameter Patient Monitoring at Specialty Clinics
Multi-Parameter Patient Monitoring at Home Care Settings

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Sandboxing Market Industry Trends and Forecast Report to 2027

The Sandboxing is basically a dedicated environment in which a suspicious program is executed and analyzed, as a result of which behavior of the program is observed, noted, and then analyzed in an automated manner.

The market of sandboxing holds a large revenue share in the security markets, with an anticipated double digit CAGR in the upcoming years. The approach being more effective detects beforehand if the executable is malicious, proving useful for everyone from a private sector to govt. utilities.

Even many of the largest companies have been breached by malwares, with the problem becoming more ubiquitous day by day that leads the demand for sandboxes.

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Sandboxing market: Drivers and Restraint

Increasing sophistication in the attacking techniques leaving the data vulnerable, is the key factor driving the Sandboxing market. Advanced persistent threats (APTs), have ruled out the traditional techniques of security necessitating the need to a behavioral approach, which is anticipated to growth of Sandboxing markets.

The government and defense agencies throughout the world possess the information relating to citizens and defense intelligence, considered to be the most critical and sensitive information in Sandboxing market.

Attackers target the networks across this sector with an aim to steal the information pertaining to administration, departmental activities, and prime security intelligence, leading to an inevitable need to invest significantly in the Sandboxing market resulting in the govt. and defense verticals to be the neediest ones, which can be expected to dominate the sandbox market.

However, high implementation cost and long-term return on investment are some of the factors restraining the growth of sandboxing market for small enterprises, while unstable economic conditions can prove to be a restraint the Sandboxing market in developing economies

Segmentation on the basis of components

On the basis of component, the sandboxing market can be segmented into solution and services. The solution segment is further sub-segmented into standalone and integrated while services segment is further sub-segmented into professional and managed services.

The solutions segment in the market is expected to have a larger market size than the services segment during the forecast period. The reason behind the high growth rate is the increased need to secure Information Technology (IT) infrastructure from advanced cyber-attacks.

The managed services segment is expected to grow at a higher CAGR during the forecast period. However, the professional services segment is expected to have a larger market share in 2017. The integrated solutions segment is expected to grow at a higher CAGR during the forecast period. The large enterprises segment is expected to account for a larger market size in 2017.

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Segmentation on basis of regions

The sandboxing market is sub-segmented into 7 key regions- North America, Latin America, East Europe, West Europe, Asia-Pacific excluding Japan, Japan and Middle East & Africa.

The APAC region is expected to be the fastest-growing region in the sandboxing market. The major reason being the increasing adoption of Internet of Things (IoT) devices and the Bring Your Own Device (BYOD) technology within organizations.

In the developed economies of the US and Canada, there is a high focus on innovations obtained from Research and Development (R&D) and security technologies.

The North American region, followed by Europe, is expected to be the largest revenue-generating region for sandboxing service vendors in 2017.

Sandboxing market: Key Players

Check Point Software Technologies Ltd.; Cisco Systems, Inc.; FireEye, Inc.; Fortinet, Inc.; Juniper Networks, Inc.; are some of the key players in the sandboxing market.

Other emerging players in this market include: Palo Alto Networks, Inc.; Sophos Ltd.; Symantec Corporation; Ceedo Technologies Ltd..

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Regional analysis for Sandboxing Market includes

North America
- US & Canada
Latin America
- Brazil, Argentina & Others
Europe
- EU5
- Nordics
- Benelux
- Poland
- Russia
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

Sandboxing market: Segmentation

Sandboxing market is segmented on the basis of component, organization Size, and vertical.

Segmentation on the basis of organization size:

Large enterprises
Small and Medium-Sized Enterprises (SMEs)

Segmentation on the basis of vertical:

Government and defense
Banking, Financial Services, and Insurance (BFSI)
IT and telecom
Healthcare
Retail
Education
Others (media and entertainment, energy and utilities, and manufacturing

About Future Market Insights (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

Predictive Analytics Market worth US$ 55.5 billion by 2032 at a CAGR of 15.8% | FMI

Newly released Predictive Analytics Market analysis report by Future Market Insights shows that global sales of Predictive Analytics Market in 2021 was held at US$ 10.5 Bn. With 15.8% CAGR during 2022 – 2032, the market is likely to reach a valuation of US$ 55.5 Bn by 2032. Revenue through BFSI is projected to register the highest CAGR of 15.7% during 2022 – 2032.

Revenue Of Predictive Analytics Market From 2015 To 2021 Compared To Demand Outlook For 2022 To 2032

As per the Predictive Analytics Market research by Future Market Insights – a market research and competitive intelligence provider, historically, from 2015 to 2021, market value of the Predictive Analytics Market increased at around 27.9% CAGR.

The market is expanding due to an increase in awareness among companies about the huge volume of data created to anticipate future events utilizing predictive analytic solutions. Furthermore, the increased use of the internet, along with the availability of several ways to access the internet, has resulted in a rise in data creation.

As a result, exploiting this data to generate precise business plans and decisions improves revenue, creating demand for predictive analytics solutions.

The e-commerce sector has enhanced customers’ usual purchase experiences. The most important aspects for increasing business sales are dedicated social media marketing and consumer perception analysis. Since linked gadgets are becoming more popular, businesses are focusing on real-time analysis of consumer purchasing behavior. Real-time analytics information may also be utilized to build personalized offers to boost client retention.

As big data becomes more prevalent, predictive analysis is projected to be applied in Finance and Human Resources. Factors such as a scarcity of experienced IT personnel and hefty implementation costs may constrict industry expansion.

Furthermore, data integrity provides a greater barrier in the application of predictive analytics technology in many end-user verticals, which is expected to increase slowly throughout the projected period. High time consumption, the demand for constant trial, and testing of the sophisticated algorithm are possible limitations impeding worldwide market expansion.

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What Factors Are Propelling Predictive Analytics Demand?

The increased use of smartphones has directly led to a tremendous rise in the volume of data generated. This figure is expected to rise further as high-speed internet services become more available and inexpensive in both urban and rural locations. Globalization, economic progress, and the availability of low-cost, easy-to-use smartphones are all factors promoting increased data output in countries.

The generation of data by corporate enterprises is likely to witness an exponential increase, owing to the ease of data capture. Companies these days have in-house teams of scientists and analysts that record and analyze both internal and external data obtained through surveys and other data gathering methods.

Venture finance businesses have also been extremely supportive of big data projects throughout the world. Another element driving the rise of business data is the digitization of transactions.

The increasing efficiency of data processing technology and solutions is a fundamental driver of predictive business analytics growth. Because of the rapid development of artificial intelligence and deep-learning algorithms, activities that formerly required extensive knowledge and expertise may now be accomplished with ease.

Analytical software is already widely available, ranging from simple statistical tools in spreadsheets to statistical software suites. As data volumes and analytical complexity grow at an exponential rate, in-database analytics solutions are becoming increasingly prevalent.

How The Emergence Of Big Data Pulled The Growth Trigger In The Predictive Analytics Market?

The rising need to store, process, and analyze massive amounts of structured and unstructured data has pushed many businesses and individuals to adopt advanced and big data analytics, which is projected to drive market growth.

Many firms, like Alphabet and Meta, leverage big data to generate advertisement income by serving customized adverts to social media and web users. Furthermore, as a consequence of the vast amount of data created in numerous company verticals, big data investment will increase, supporting the growth of the predictive analytics market.

Because of the growth of the Internet of Things (IoT) trend, multimedia, which has produced a massive flow of data, the amount of data obtained by organizations is constantly increasing.

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Region-Wise Analysis

Which Region is projected to Offer the Largest Opportunity for Predictive Analytics Market?

North America is the most lucrative region with a double-digit projected growth and predictive analytics market share of approximately 47%. Because of the region’s strong investment in big data analytics and early deployment of current technologies such as IoT and AI in predictive analytics.

The need to study client behavior and purchase patterns, estimate budget requirements, and develop efficient marketing campaigns by examining historical trends are the primary driving drivers in the North American predictive analytics industry. Increased digitization will boost the adoption of Predictive Analytics software and services in North America over the projected period.

Country-Wise Analysis

Which Country Lies at the CenterStage for Predictive Analytics Market Revenue?

The market in the US is expected to account for the largest revenue of US$ 19.3 Bn by 2032. This is due to the growing technology improvements as well as the strong foothold of key firms such as Microsoft and Oracle across the United States.

For instance, the Orlando Magic of the NBA uses SAS predictive analytics to increase revenue and establish starting line-ups. The Orlando Magic organization’s business users get fast access to information. The Magic can now visually examine the most recent statistics, down to the game and seat level. Furthermore, increased awareness of the value of predictive analytics solutions in corporate operations is likely to boost market expansion in this area.

Category-Wise Insights

Which Predictive Analytics Vertical is projected to Witness the Fastest Growth?

Revenue through BFSI segment is forecasted to grow at the highest CAGR of over 15.7% during 2022-2032. The variables that may be associated with higher adoption of advanced financial analytics solutions by large BFSI organizations because of enhanced regulatory compliance processes.

As the global regulatory environment has become more complex, demand for predictive analytics solutions in the BFSI business has increased. As a result of regulatory requirements, credit risk management, capital planning, and insurance risk management, among other things, are becoming increasingly important.

Using predictive analytics solutions allows BFSI organizations to embark on a digital transformation journey. It improves the customer experience and helps businesses deal with changing customer behavior.

From the perspective of a financial institution, when a loan is made, there is always a high level of risk involved. As a result, a bank’s ability to accurately predict the risk of default is critical. Predictive analytics models are being used by banks to enhance loan approval and collection procedures. This enables companies to assess applicants’ repayment ability, analyze patterns in earlier loans, and do other things.

With digital payment systems, wallets, cryptocurrencies, mobile banking, and other possibilities, the frequency of financial scams and counterfeit transactions has increased along with customer delight and ease of banking. To be more specific, between 2020 and 2021, India recorded 229 financial frauds (worth up to US$ 18 Bn). The more concerning fact is that less than 1% of the total has only been retrieved.

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Which Component of Predictive Analytics is expected to Score Highest Growth in the Coming Years?

The Solutions segment is forecasted to grow at the highest CAGR of over 15.4% during 2022-2032. The factors that can be linked to the widespread usage of numerous risk analytics systems for forecasting future dangers and devising risk mitigation strategies.

Since they focus on risk management and what-if scenarios, predictive analytics solutions are a reliable form of forecasting. Furthermore, it allows businesses to adapt to industry trends and grow on the run.

In business, predictive analytics solutions assess previous and current data to better understand items, customers, and partners, as well as identify potential opportunities and risks. As a result, purchasing patterns are analyzed and relevant insights are supplied, supporting businesses in adding more value to their offerings and assuring a better buying experience for customers.

Competitive Analysis

Among the leading players in the global Predictive Analytics market are Microsoft, IBM, SAP, Oracle, SAS Institute. To gain a competitive advantage in the industry, these market players are investing in product launches, partnerships, mergers and acquisitions, and expansions.

Due to the growing demand for the product around the world, many new companies are expected to enter the market. This is expected to increase competition on a worldwide scale. Additionally, global predictive analytics market growth is expected to be fuelled by collaborations among current players to improve quality throughout the research period.

Over the projection period, established market players are expected to diversify their portfolios and offer one-stop solutions to combat fierce competition.

In February 2022, Bharti Airtel, India’s leading supplier of communications products, has selected Oracle Fusion Cloud ERP and Oracle Fusion Cloud Supply Chain & Management (SCM) to modernize and optimize its financial, planning, and supply chain operations. Airtel’s shared services operations will be transformed by merging Oracle Cloud ERP and Oracle Cloud SCM technologies, with the objective of increasing overall efficiency and agility.
In January 2019, Clarivate Analytics has released a cutting-edge predictive analytics system to aid in the drug discovery process. When compared to the old paradigm, this essential technique leverages information to increase medication development by 1/4th.

Similarly, recent developments related to companies in Predictive Analytics services have been tracked by the team at Future Market Insights, which are available in the full report.

Predictive Analytics Market Report Scope
Forecast Period

2022-2032

Historical Data Available for

2015-2021

Market Analysis

US$ Mn for Value

Key Regions Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, France, U.K., Spain, Italy, China, South Korea, Japan, Saudi Arabia, South Africa

Key Market Segments Covered

Component, Deployment Mode, Organization Size, Vertical, Region

Key Companies Profiled

Microsoft Corporation
Oracle Corporation
SAP SE
SAS Institute Inc.
Alteryx, Inc.
Fair Isaac Corporation
Information Builders
Google
International Business Machines (IBM) Corporation
TIBCO Software Inc.

Market Segments Covered In Predictive Analytics Market Analysis

By Component:

Solutions
- Predictive Financial Analytics
- Predictive Risk Analytics
- Predictive Marketing Analytics
- Predictive Sales Analytics
- Predictive Customer Analytics
- Predictive Web and Social Media Analytics
- Predictive Supply Chain Analytics
- Predictive Network Analytics
- Other Predictive Analytics Solutions
Services
- Professional Services
- Managed Services

By Deployment Mode:

Cloud
On-premises

By Organization Size:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Vertical:

BFSI Predictive Analytics
Manufacturing Predictive Analytics
Retail and eCommerce Predictive Analytics
Government and Defense Predictive Analytics
Healthcare and Life Sciences Predictive Analytics
Energy and Utilities Predictive Analytics
Telecommunications and IT Predictive Analytics
Transportation and Logistics Predictive Analytics
Media and Entertainment Predictive Analytics
Travel and Hospitality Predictive Analytics
Other Predictive Analytics

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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