Pharmaceutical E-commerce Market will Grow at a 14.3% CAGR by 2032 | FMI

The Global Pharmaceutical E-commerce Market Will Grow at a 14.3% CAGR Amid Growing E-services in the Healthcare Sector

As per a recent market analysis by Future Market Insights (FMI), the pharmaceutical e-commerce market is expected to reach a valuation of US$ 72.1 Bn in 2022. Sales are projected to increase at a 14.3% CAGR, with the market size reaching US$ 273.6 Bn by 2032.

In response to the coronavirus pandemic, consumer buying patterns have shifted, internet penetration has increased, and healthcare infrastructure has been established across emerging economies. Further, looking at the wide acceptance towards the online platform, large hospital chains are offering home delivery of medicine along with medical consultation.

Online care and pharmaceutical retail are now an important component of the overall health care delivery system. The increasing expectation for lower prices, regulatory changes, and discounts and offers available at online retail channels will boost sales in the market over the forecast period.

“Wide availability of OTC drugs and medical devices at online channels, along with increasing penetration of digital devices in emerging economies will drive the growth in the market,” says an FMI analyst.

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Key Takeaways:

  • The global pharmaceutical E-commerce market is expected to gain traction at an impressive 14.3% CAGR, in comparison to the 15.6% CAGR registered between 2017 to 2021.
  • Based on product type, sales of OTC drugs are expected to remain high.
  • The U.S. will continue dominating the North America pharmaceutical e-commerce market over the forecast period due to high adoption of digital services in the healthcare sector.
  • China will lead the East Asia pharmaceutical e-commerce market amid surging demand for at-home delivery of medial devices.
  • India will emerge as an attractive market owing to rising government initiatives regarding digital services in the healthcare and pharmaceutical sectors.

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Competition Landscape

Mergers and acquisitions, as well as product development and innovation, are among the key strategies used by manufacturers to improve sales. Further, companies are coming up with discount offers to gain new customers.

Key players operating in the global pharmaceutical e-commerce market are Netmeds Marketplace Ltd., EasyMedico, Medlife, Amazon.Inc, Apotek, The Kroger Co., Walgreen Co., Giant Eagle, Inc., Walmart, Express Scripts, CVS Health, Optum, Inc., L Rowland & Co (Retail) Ltd, Zur

Rose Group AG, McKesson Corporation, SHOP-APOTHEKE EUROPE N.V., UK Meds Direct Ltd., Walgreens Boots Alliance, Inc., DocMorris among others.

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Segments:

By Product Type:

  • Prescription Medicine
  • Over-The-Counter Product

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa (MEA)

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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.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/pharmaceutical-e-commerce-market
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Water Dispenser Market From an Anticipated USD 2.70 Bn in 2022 to USD 6.34 Bn in 2032 | FMI

The water dispenser market is anticipated to expand at a CAGR of 8.9% from USD 2.70 billion in 2022 to USD 6.34 billion by 2032. The demand for water dispensers, as well as the water dispenser market key trends and opportunities, are influenced by factors like portability, ease of use and installation, and low maintenance costs.

Strong sources are needed to supply the growing demand for clean drinking water in many areas where there is a drinking water shortage, which boosts sales of water dispensers and the water dispenser market growth along with water dispenser market future trends.

The distribution of infrared sensors is rapidly gaining ground and driving the water dispenser market adoption trends as direct human contact between people declines. The water dispenser market has favored versions that are both practical and affordable in recent years, according to predictions. Ecommerce platform vendors are working hard to develop fresh strategies for increasing sales of water dispensers and meeting demand for water dispensers.

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The water dispensers market is restricted by two main factors, including frequent component replacement and escalating costs, particularly during the summer, in addition to experiencing unheard-of water dispenser market growth. Two factors are limiting the water dispenser market adoption trends.

The water dispenser market size expansion during the busiest summer months may be hindered by frequent product components and higher costs. These elements are anticipated to limit water dispenser market growth as well as water dispenser market trends.

Key Takeaways:

  • More than 70% of the water dispenser market was made up of bottled goods, and it is anticipated that the water dispenser market trend and forecasts will continue.
  • Through 2032, the bottleless product category of the water dispenser market is anticipated to grow at the fastest rate, 9.9%.
  • The majority of the water dispenser market was dominated by the commercial application segment.
  • The segment that will grow the fastest is predicted to be the industrial application.
  • The commercial application segment’s hospitality sector is projected to grow at the highest CAGR, 9.9%.
  • With a 42.60% water dispenser share, the retail store sector had the largest water dispenser share.
  • Through 2032, Asia Pacific is anticipated to have the highest CAGR of 11.0% for the water dispenser size.
  • India is anticipated to grow at a healthy CAGR in the water dispenser market.

Competitive Landscape:
New market research report on water dispenser says that Whirlpool Corporation; Primo Water Corporation (formerly, Cott Corporation); Honeywell International Inc.; Culligan International Company; Clover Co. Ltd; Waterlogic Holdings Limited; Midea Group Co. Ltd; A.O. Smith Corporation; Edgar’s Water are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the water dispenser market, including water dispenser market growth, water dispenser market share, water dispenser market key trends and opportunities and important water dispenser market statistics.

Recent Development In The Water Dispenser:
Acquisition:

  • Four reputable institutional investors — British Columbia Investment Management Corporation (BCI), Neuberger Berman, StepStone, and Skandia — have acquired a sizeable minority stake in Waterlogic Holdings Limited, the company announced in April 2020. With the help of the capital obtained from this acquisition, the business was able to expand more quickly and take the lead globally in the quickly expanding market for bottle-free workplace hydration.

Product Launch:

  • Aquaverve announced in September 2020 that its touchless water cooler line would be available. The Oceanik Touchless Bottleless Cooler and the Pacifik Touchless Bottleless Cooler are two models of touchless water coolers that they created. The Pacifik model can be ordered both with and without a bottle.

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https://www.futuremarketinsights.com/ask-question/rep-gb-15068

Key Players:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.
  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

Key Segments  

By Product Type:

  • Bottled
  • Bottle-less

By Application:

  • Residential
  • Commercial
  • Industrial

By End-Use:

  • Commercial
    • Hospitality
    • Transport Terminal
    • Institutions
    • Corporate Offices
    • Others
  • Industrial
    • Food & Beverages
    • Healthcare
    • Others

Fragmented:

  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

Consolidated:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.

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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.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Baby Strollers and Prams Market is Anticipated to Expand at a CAGR of 8.9% by 2032 | FMI

The water dispenser market is anticipated to expand at a CAGR of 8.9% from USD 2.70 billion in 2022 to USD 6.34 billion by 2032. The demand for water dispensers, as well as the water dispenser market key trends and opportunities, are influenced by factors like portability, ease of use and installation, and low maintenance costs.

Strong sources are needed to supply the growing demand for clean drinking water in many areas where there is a drinking water shortage, which boosts sales of water dispensers and the water dispenser market growth along with water dispenser market future trends.

The distribution of infrared sensors is rapidly gaining ground and driving the water dispenser market adoption trends as direct human contact between people declines. The water dispenser market has favored versions that are both practical and affordable in recent years, according to predictions. Ecommerce platform vendors are working hard to develop fresh strategies for increasing sales of water dispensers and meeting demand for water dispensers.

Request a Sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-15068

The water dispensers market is restricted by two main factors, including frequent component replacement and escalating costs, particularly during the summer, in addition to experiencing unheard-of water dispenser market growth. Two factors are limiting the water dispenser market adoption trends.

The water dispenser market size expansion during the busiest summer months may be hindered by frequent product components and higher costs. These elements are anticipated to limit water dispenser market growth as well as water dispenser market trends.

Key Takeaways:

  • More than 70% of the water dispenser market was made up of bottled goods, and it is anticipated that the water dispenser market trend and forecasts will continue.
  • Through 2032, the bottleless product category of the water dispenser market is anticipated to grow at the fastest rate, 9.9%.
  • The majority of the water dispenser market was dominated by the commercial application segment.
  • The segment that will grow the fastest is predicted to be the industrial application.
  • The commercial application segment’s hospitality sector is projected to grow at the highest CAGR, 9.9%.
  • With a 42.60% water dispenser share, the retail store sector had the largest water dispenser share.
  • Through 2032, Asia Pacific is anticipated to have the highest CAGR of 11.0% for the water dispenser size.
  • India is anticipated to grow at a healthy CAGR in the water dispenser market.

Competitive Landscape:
New market research report on water dispenser says that Whirlpool Corporation; Primo Water Corporation (formerly, Cott Corporation); Honeywell International Inc.; Culligan International Company; Clover Co. Ltd; Waterlogic Holdings Limited; Midea Group Co. Ltd; A.O. Smith Corporation; Edgar’s Water are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the water dispenser market, including water dispenser market growth, water dispenser market share, water dispenser market key trends and opportunities and important water dispenser market statistics.

Recent Development In The Water Dispenser:
Acquisition:

  • Four reputable institutional investors — British Columbia Investment Management Corporation (BCI), Neuberger Berman, StepStone, and Skandia — have acquired a sizeable minority stake in Waterlogic Holdings Limited, the company announced in April 2020. With the help of the capital obtained from this acquisition, the business was able to expand more quickly and take the lead globally in the quickly expanding market for bottle-free workplace hydration.

Product Launch:

  • Aquaverve announced in September 2020 that its touchless water cooler line would be available. The Oceanik Touchless Bottleless Cooler and the Pacifik Touchless Bottleless Cooler are two models of touchless water coolers that they created. The Pacifik model can be ordered both with and without a bottle.

Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-15068

Key Players:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.
  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

Key Segments  

By Product Type:

  • Bottled
  • Bottle-less

By Application:

  • Residential
  • Commercial
  • Industrial

By End-Use:

  • Commercial
    • Hospitality
    • Transport Terminal
    • Institutions
    • Corporate Offices
    • Others
  • Industrial
    • Food & Beverages
    • Healthcare
    • Others

Fragmented:

  • Culligan International Company
  • Clover Co. Ltd.
  • Waterlogic Holdings Limited
  • Midea Group Co. Ltd.
  • A.O. Smith Corporation
  • Edgar’s Water

Consolidated:

  • Whirlpool Corporation
  • Primo Water Corporation (formerly, Cott Corporation)
  • Honeywell International Inc.

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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.

Contact:

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

 

 

Surface Protection Films Market is Projected to Register 5.7%CAGR and Reach a Valuation of US$ 2.3 Bn by the end of 2030

The global surface protection films market is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches.

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Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films.

As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period.

“The growth outlook for the market seems promising, owing to excellent conformability, high adhesive strength, and abrasion-resistant attributes of surface protection films. On the other hand, sales are estimated to witness considerable decline in the next two quarters of 2020, owing to the COVID-19 pandemic across continents. Majority of revenue is realized from the construction and electronics industries. Lockdown and restrictions on import & export activities in high potential countries such as China and India have created an adverse impact on these Industries. This will hinder the growth of the surface protection films market in the near term. However, shifting inclination towards the adoption of protective packaging solutions will boost the demand for surface protection films over the coming years.”

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Key Takeaways from Surface Protection Films Market Study

  • Glass & mirrors remain key application areas of surface protection films, followed closely by furniture surfaces. These two collectively accounted for nearly 45% revenue share in 2021, primarily attributable to growth of the construction industry.
  • Polyethylene (PE) remains highly preferred for manufacturing surface protection films, owing to its low cost and exceptional tear-resistant attributes. This polymer material will continue to maintain its positive trend over the decade ahead.
  • The construction & interiors and electrical & electronics industries would be the immediate end users of surface protection films, capturing around ¾ value share, collectively.
  • The global surface protection films market is highly competitive. Manufacturers of surface protection films are focusing on providing additional features and employing newer technologies such as self-healing to ensure easy peeling without leaving any residue on the surface. These innovations provide convenience features to end users, and help manufacturers in achieving product differentiation.

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Focus of Prominent Manufacturers on Market Consolidation

Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions.  For instance,

  • In March 2022, Pregis a North America-based manufacturer, acquired Italian temporary protective films manufacturer Soprad. The company Soprad is a manufacturer and supplier of performance-oriented adhesive protective films for a variety of surfaces, including metal, plastic, glass, and carpets.  In July 2021, the company launched cost-effective, temporary surface protection films specifically-designed for a new generation, fingerprint-resistant or speciality-coated products.
  • In August 2021, Chargeurs S.A. acquired OMMA Srl., one of Italy’s leading manufacturers of application machines for surface protection films.
  • In June 2021, Bischof + Klein SE & Co. KG set up a new extrusion coating line. This is expected to increase the output and enable complete omission of solvents.

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Key Segments Of Surface Protection Films Industry Survey

Surface Protection Films Market By Thickness :

  • Up to 25 Micron Surface Protection Films
  • 25-50 Micron Surface Protection Films
  • 50-100 Micron Surface Protection Films
  • 100-150 Micron Surface Protection Films
  • Above 150 Micron Surface Protection Films

Surface Protection Films Market By Technology :

  • Adhesion Lamination
    • Dry Bond Lamination
    • Wet Bond Lamination
    • Energy Curable Adhesive Lamination
    • Hot Melt Seal Coating
    • Solventless Lamination
    • Others
  • Coextrusion Lamination

Surface Protection Films Market By Material :

  • PE Surface Protection Films
  • PET Surface Protection Films
  • PP Surface Protection Films
  • PU Surface Protection Films
  • PVC Surface Protection Films
  • Others

Surface Protection Films Market By Colour :

  • Transparent Surface Protection Films
  • Translucent Surface Protection Films
  • Coloured/Tinted Surface Protection Films
  • Opaque Surface Protection Films

Surface Protection Films Market By Application :

  • Metal Sheets
  • Glass & Mirrors
  • Prepainted Surfaces
  • Plastic Sheets
  • PVC Profiles
  • Furniture Surfaces
  • Carpet Protection
  • Others

Surface Protection Films Market By Industry :

  • Construction & Interiors
  • Electrical & Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Others

Surface Protection Films Market By Region :

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

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/surface-protection-films-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Stretch Hood Films Market Will Reach a Valuation of Over US$ 1,399.1 Mn towards 2031-end: FMI

Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result, an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 767.9 Mn by 2022.

In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection. Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.

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Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load.

Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.

Who is Winning?

  • Sigma Plastics Group,
  • Coveris Holdings S.A.,
  • Novolex Holdings, Inc.,
  • AEP Industries Inc.,
  • Integrated Packaging Group Pty Ltd,
  • Trioplast Industrier AB,
  • Muller Load Containment Solution,
  • RKW Group,
  • Muraplast d.o.o.,
  • Thrace Synthetic Packaging Limited,
  • Rosenflex(UK) Limited,

Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.

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Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.

Key Takeaways of Stretch Hood Films Market Study

  • Stretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020
  • With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America
  • While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021
  • Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea
  • South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

 “Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.

Stretch Hood Films Find Application in Diverse Industries

Stretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.

Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost.

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Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.

Impact of COVID-19 on Stretch Hood Films Market

E-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.

Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/stretch-hood-films-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Rigid Food Containers Market Demand, Volume Analysis, Notable Developments & Geographical Outlook by FMI

The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end.

Rigid food containers will continue to find the largest applications in ready-to-eat food products, followed by bakery & confectionary. Revenues from sales of rigid food containers for packaging of ready-to-eat food products are projected to account for approximately one-third share of the market in 2017, and will further discern a rise in their market share by 2022-end. Dairy products and meat, poultry & seafood are also anticipated to be lucrative application areas for rigid food containers over the forecast period.

Based on packaging type, revenues from sales of trays will remain the largest during the forecast period, followed by bottles & jars, and boxes & cartons. In addition, although sales of cups & tubs will account for smaller revenue share of the market, their sales are projected to register a healthy expansion through 2022. In contrast, sales of bottles and jars will register a sluggish expansion through 2022.

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Plastic and paperboard will continue to be the most lucrative materials for manufacturing rigid food containers. In addition, sales of plastic and paperboard for production of rigid food containers are expected to register the highest CAGRs in the market through 2022. Glass and metal will continue to be comparatively less lucrative materials than plastic and paperboard in the global rigid food containers market.

Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for rigid food containers, projected to expand at an impressive 5.2% CAGR through 2022. Dominance of APEJ on the market can be highly attributed to robust expansion of food & beverage industry, coupled with an increased demand for eco-friendly & sustainable packaging owing to strict regulations concerning material recycling. China and India will remain the most lucrative countries for the rigid food containers market in APEJ.

North America is expected to remain the second largest market for rigid food containers, with the U.S. being the most lucrative country. Shifting preference towards bioplastics as raw materials for rigid food containers on the back of stringent regulations concerning reduction of carbon footprints will drive growth of the market in North America. Another key factor driving the market growth in this region is increased demand for ready-to-drink beverages and packaged frozen food products on the back of hectic lifestyles of population.

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Implications for New Product Development & Channel Strategies in Food Packaging

Rigid food containers are gaining tremendous popularity since the recent past, offering the food products with a long shelf life. Constantly changing lifestyles of consumers, along with their busy work routine, and rapid shifts in household income & size have significantly affected the consumers’ behaviour of buying food products. This has further led towards important implications for new channel strategies and product development in packaging of food, such as rigid containers. Moreover, robust transformations in demographics, improvisations in manufacturing output & productivity, and huge expenditure on packaging of food products across the globe have fuelled requirement for highly advanced packaging facility, such as rigid containers, in the food and beverage sector.

The global market for rigid food containers is highly fragmented in nature, with a large number of suppliers and manufacturers competing to gain a competitive edge. FMI’s report has listed key participants operating actively in the global market for rigid food containers, which include Huhtamaki Oyj, Bemis Co., Inc., Sonoco Products Co., Printpack Inc., Smurfit Kappa Group PLC, Crown Holdings, Inc., Ball Corporation, DS Smith PLC, Berry Global Group, Inc., Sealed Air Corp., Amcor Ltd., and Packaging Corp. of America.

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Key Segments Covered

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Material Type :

  • Plastic
  • Paperboard
  • Glass
  • Metal

Packaging Type :

  • Trays
  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes & Cartons
  • Others

Application :

  • Meat, Poultry & Seafood
  • Dairy Products
  • Bakery & Confectionary
  • Ready to Eat Food
  • Baby Food
  • Fruits & Vegetables
  • Other Applications

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

Contact:
Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/rigid-food-containers-market
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Photoluminescent Paints Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Photoluminescent paints, also known as glow in the dark paints, contain a photo-luminescing powder that charges in the sunlight and can glow in the dark for up to eight hours. These paints are prepared as a combination of resins and pigments.

Photoluminescent paints can be used for a range of applications such as on roads, highways, expressways, ducts and bridges. The most commonly used pigment type in photoluminescent paints is strontium aluminate or zinc sulfide. The particle size of the pigment also plays a crucial role in the duration of the glow.

The larger the particle size, the longer the luminesce, as compared to smaller-sized particles. The basic mechanism of photoluminescent paints involves the emission of light in the dark through the energy stored from ultraviolet radiations. Photoluminescent paints are not dissolved with paints; the surface must be painted with white color first in order to obtain the finest results. They find widespread adoption in building construction and the transport industry.

Global Photoluminescent Paints Market: Dynamics

Photoluminescent Paints Market Drivers

One of the major factors driving the growth of the global photoluminescent paints market is the use of photoluminescent paints on the edges of roads to enable better visibility for drivers and thus, ensure driver safety.

Photoluminescent paints are increasingly being used for warning and exit signals.

The significant growth of construction and automotive industries is anticipated to boost the demand for photoluminescent paints, majorly in the developing countries of Asia Pacific.

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Apart from this, photoluminescent paints are also widely used for a range of applications such as subway systems, staircase safety and egress. Manufacturers have developed photoluminescent paints in such a way that they continue to glow even once the color fades.

Photoluminescent Paints Market Restraints

One of the major challenges faced by the global photoluminescent paints market is the failure of photoluminescent paints to perform efficiently in high moisture and rainy conditions.

In some situations, drivers need to turn off the headlights to see the glow in the dark lines, which might increase the chances of accidents.

Another major factor hindering the growth of the photoluminescent paints market is the high cost of these paints as compared to the other lighting options.

Photoluminescent Paints Market Trends

Manufacturers have developed photoluminescent paints for different types of surfaces such as wood, metal, drywall and plastic. These photoluminescent paints are made with added corrosion protection and improved adhesion.

With rising concerns regarding environmental protection, there has been an increase in the usage of water-based paints to reduce the emission of harmful volatile organic compounds.

Water is being used instead of solvents to meet the stringent low VOC requirements. Manufacturers are also focusing on enhancing the efficiency of these photon emitting crystals without the emission of toxic or radioactive substances.

Manufacturers are also focusing on the usage of water-proof pigments in photoluminescent paints to ensure that they do not lose their glow in water or water-based formulations.

Photoluminescent paints are also being formulated for use with epoxies, urethanes, vinyl and other types of coats.

Global Photoluminescent Paints Market: Regional Outlook

From a regional perspective, Asia Pacific is anticipated to hold a relatively larger share in the global photoluminescent paints market. This can be attributed to the significant growth of the automotive industry.

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Noteworthy investments for infrastructural development have been observed in countries such as India, which is anticipated to further boost the demand for photoluminescent paints. North America and Europe are anticipated to witness moderate growth in the global photoluminescent paints market, owing to the stringent regulations regarding the emission of harmful VOCs.

Regions such as Latin America and Middle East and Africa are anticipated to be low volume – high growth regions and are projected to witness significant growth rates over the forecast period with increasing investments across various end-use sectors.

Global Photoluminescent Paints Market Participants

Some of the market participants identified across the value chain of the global photoluminescent paints market are:

  • Benjamin Moore & Co
  • Johnson Paints
  • Indra Glowtech Private Limited
  • Rust-Oleum Corporation
  • Allureglow USA
  • Glow Inc.
  • Protech Powder Coating
  • GloNation LLC
  • CS Coatings, Inc.
  • Jann’s Netcraft
  • The Glow Company
  • Jolin Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K., Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

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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 Photoluminescent Paints Market Segmentation

The global photoluminescent paints market can be segmented on the basis of technology, sales channel and region.

On the basis of technology, the global photoluminescent paints market can be segmented as:

  • Transportation
  • Automotive
  • Marine
  • Aerospace
  • Building and construction
  • Residential
  • Commercial
  • Industrial and Infrastructural
  • Others

On the basis of grade, the global photoluminescent paints market can be segmented as:

  • Coarse powder (above 25 µm)
  • Fine Powder (3-5 µm)
  • Ground Fine Powder (1-3 µm)

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/photoluminescent-paints-market
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Turbine Blade Material Market Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities Till 2028

In fast growing economies and developing markets, the aerospace and marine industry is estimated to gain momentum in the coming years. Technological advancements in the materials used to manufacture turbine blades have increased their adoption.

Besides, they ensure a prolong life of the turbine blades and reduce the maintenance cost.  Different types of turbine blade material are available in market such as stainless steel, nickel alloy, titanium alloy, and composite material. Among these, nickel alloy can be used in temperatures of up to 1,700 degrees Celsius.

Failure in steam and gas turbines are often caused due to blade fatigue, and this can be cured by using high melting point materials. More recently, the demand for turbine blade material is significantly impelled, owing to a surge in the demand from turbine blade manufacturers.

Turbine Blade Material Market: Market Dynamics

Drivers

Ever growing end use industries such as automotive, aerospace, industrial, marine, etc., both, in developed and developing economies, is anticipated to be a major factor responsible for the growth of the global turbine blade material market over the forecast period.

Moreover, the continuously declining cost of energy generation using renewable sources is also anticipated to give traction to the growth of turbine blades as well as turbine blade material in the coming decade.

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That apart, governments are focused on using renewable energy and encouraging people to do the same. This is expected to further boost the demand for turbine blades and turbine blade material over the forecast period.

Restraints

Turbine blades require high capital investments as well as maintenance costs, which is anticipated to act as a restraining factor to the growth of the turbine blade material market over the forecast period. Moreover, the prices of turbine blade materials are highly volatile. This is also expected to act as a factor hampering the growth of the turbine blade material market in the coming future.

Trends

A major trend predicted five years down the line includes market players of turbine blade material focusing on strategic expansions to expand their presence across the globe. This is projected to act as a catalyst to maintain leadership. Moreover, the strong outlook of the global automotive, aerospace, marine, etc., industries across the globe creates considerable opportunities for turbine blade & turbine blade material manufacturers.

Turbine Blade Material Market: Regional Outlook

The global turbine blade material market is totally dependent on the growing demand for turbine blades from end use sectors across geographies. Over the forecast period, Asia Pacific is expected to be closely followed by North America. Both these markets are predicted to witness enormous growth in the turbine blade material market, owing to increasing government initiatives to use renewable energy in emerging economies such as the India, China, and the U.S. Western Europe is estimated to grow at a considerable CAGR during the forecast period, owing to the high demand for turbine blade material in the growing automotive sector in the region.

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Germany is expected to be the leading automotive and automobile market in Western Europe. Latin America is anticipated to witness the growth of the turbine blade material market over the forecast period. The Middle East & Africa is expected to grow at a substantial CAGR during the forecast period, owing to an increase in the demand for turbine blade material from turbine blade manufacturers in the region.

Turbine Blade Material Market: Market Participants

Examples of some of the key participants identified across the value chain of the global turbine blade material market include:

  • Acerinox
  • Aperam
  • AK Steel
  • Guangxi Chengde Group
  • JLC Electromet Pvt. Ltd.
  • KOBE STEEL, LTD.
  • Mannesmann Stainless Tubes GmbH
  • Nippon Steel and Sumitomo Metal
  • POSCO
  • Tata Steel Europe

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, material type, and end user.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Request Methodology @ https://www.futuremarketinsights.com/request-report-methodology/rep-gb-7477

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Turbine Blade Material Market: Segmentation

The global turbine blade material market can be segmented on the basis of material type, application, and end user.

On the basis of material type, the global turbine blade material market can be segmented as:

  • Stainless Steel
  • Nickel Alloy
  • Titanium Alloy
  • Composite Materials

On the basis of application, the global turbine blade material market can be segmented as:

  • Gas Turbines
  • Water Turbines
  • Wind Turbines
  • Steam Turbines

On the basis of end user, the global turbine blade material market can be segmented as:

  • Automotive
  • Industrial
  • Marine
  • Aerospace
  • Others

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/turbine-blade-material-market
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Bag-in-Tube Market is Expected to Reach US$ 17.8 Mn by the Year 2029

In the worldwide flexible packaging landscape, the bag-in-tube market is likely to outperform other options as a single-use packaging technology. Between 2022 and 2029, the global bag-in-tube market is expected to rise at a staggering CAGR of more than 13.1 percent. According to a new Future Market Insights (FMI) analysis, wine packaging will continue to be a significant contributor to revenue growth in the global bag-in-tube market.

Preference for bag-in-tube for its 360° area accessible for printing and embossing, as well as the potential to offer extended shelf life of up to 6 to 8 weeks after opening the pack, are some of the primary aspects driving this expansion. In terms of mechanical resistance and oxygen barrier, metallized PET utilised in bag-in-tube film architectures meets client expectations. Throughout the forecast period, the bag-in-tube market is predicted to develop at a 13.1 percent annual pace (2022-2029). Some of the important developments in the bag-in-tube industry are high-end customization employing spigots and handles, as well as the type of material utilised as barrier layers.

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Bag-in-Tube Market Study Key Takeaways

  1. Metalized PET will continue to be the favoured material in the bag-in-tube market, with more than 60% of the market expected to be captured between 2019 and 2029.
  2. By 2029, demand from wine and olive oil producers is predicted to account for roughly 80% of the global bag-in-tube market, and it is expected to develop at a faster rate than any other segment.
  3. Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.
  4. Bag-in-tube makers can make significant profits by targeting wine and spirit producers, as these end users see bag-in-tube as a lightweight, leak-proof, and cost-effective packaging alternative to glass.

In Asia Pacific and MEA, there are a lot of untapped markets.

Some markets are unfamiliar with bag-in-tube packaging, which is an expanded form of bag-in-box. While bag-in-tube has a high market penetration in Western Europe, it has a lower market penetration in North America. Latin America and Eastern Europe, where bag-in-tube packaging is still in its early phases of development, are key producers and consumers of wine, providing a great potential for bag-in-tube packaging manufacturers. Bag-in-tube penetration is essentially non-existent in APEJ, MEA, and Japan, making them very profitable regions for enterprises looking to increase their market positions.

In European countries, bag-in-tube packaging is widely used for wine and spirits, followed by high-end vegetable oil (olive oil). By the end of 2025, the worldwide millennial population is expected to surpass 30%. Millennials are drawn to novel packaging such as bag-in-tube and bag-in-boxes because they are convenient to carry and store. Bag-in-tube producers are projected to benefit greatly as a result of this.

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Bag-in-Tube Industry Research Highlights Key Segments

Bag-in-Tube Market by Capacity:

  • Less than 1000 ml
  • 1000 to 2000 ml
  • 2001 to 3000 ml
  • More than 3000 ml

Bag-in-Tube Market by Product:

  • EVOH Barrier + PE
  • Metallized PET

Bag-in-Tube Market by End-use:

  • Wine
  • Spirit
  • Olive Oil
  • Fruit Juices
  • Others

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Key Questions Answered in the Report

  • How much is the Bag-in-Tube market currently worth?
  • What is the sales forecast for Bag-in-Tube through 2029?
  • What was last 7-year market CAGR for the sales of Bag-in-Tube?
  • Who are the key manufacturing companies for Bag-in-Tube?

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/bag-in-tube-packaging-market
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Automotive Coolant Additives Market Potential Growth, Size, Share, Demand and Analysis of Key Players – Research Forecasts To 2028

Automotive coolant additives are an integral part of the automobile industry. Automotive coolant additives are used to achieve maximum efficacy in case of coolants. Automotive coolants are primarily used in vehicles to inhibit excessive heating of components & parts.

Coolants absorb excessive heat from parts & components and disperse it into the outer atmosphere with the help of different sources. Moreover, these coolants are used to decrease the temperature of engine components to improve their lifespan and drop down the exhaust emission. Automotive coolant additives impart several properties to coolants, such as anti-freezing properties, corrosion resistance and better fluidity, etc.

In vehicles, engine’s operational temperature must be sustained in an optimal range to ensure the proper functioning of the engine. Excessive temperatures in engine lead to oxidization of the the engine oil. Automotive coolant additives facilitate coolant movement in the radiator in vehicle engines and help in picking up heat and throw it into the outside air.

Automotive coolant additives enable better heat transfer as they help in maintaining the temperature between the outside air and coolant. In the commercial market place, automotive coolant additives are generally marketed in two forms i.e. powder & liquid.

Automotive coolant additives use three technologies i.e. Conventional or IAT (Inorganic Additive Technology), Hybrid and OAT (Organic Acid Technology). Automotive coolant additives based on IAT use chemicals, such as phosphates, silicates, nitrites, etc.

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Automotive coolant additives based on OAT use organic acid & azole and automotive coolant additives based on hybrid technology use both organic acid & commercial chemicals but use the organic acid as the primary functional material.

Automotive Coolant Additives Market: Market Dynamics

Demand for automotive coolants additives is estimated to increase over the forecast period due to growing usage of vehicles. Automotive coolant consumption is highly dependent on the distance travelled by the vehicle. Thus, high inclination & dependency of the society on vehicles for commutation is expected to give a boost to the automotive coolant additives market.

Attributes, such as high boiling point & high absorption of heat, are expected to increase the consumption of automotive coolant additives in the long-term scenario. Likewise, increase in vehicle production is also expected to create demand space for automotive coolant additives.

Also, individual preference towards the adoption of high-end coolants for better vehicle performance is also expected to fuel the growth of the automotive coolant additives market. However, growing electric vehicle industry is proving as a stumbling block in automotive coolant additives market limiting the scope of coolant additives to conventional vehicles with an average growth rate.

Automotive Coolant Additives Market: Region Wise Trends

North America is one of the largest consumers of automotive coolant additives due to the presence of a huge number of vehicles. It is closely followed by Europe as the region is showing immense potential for high-end coolants with high amounts of automotive coolant additives.

The growth of automotive coolant additives is expected to be highest in APAC, led by China as well as some other emerging countries, such as India and ASEAN countries. Developing surface transport structure in MEA is expected to create market opportunities for automotive coolant additives manufacturers. Increasing mobility in LA & EE is expected to create demand space for automotive coolant additives.

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Despite an extensive automotive vehicle infrastructure, Japan is expected to be the least growing country in the automotive coolant additives market.

Examples of some of the market participants identified across the value chain of the global Automotive Coolant Additives market include

  • Cummins Filtration
  • Royal Purple Synthetic Oil
  • Keller strass Oil Company
  • Ashburn Chemical Technologies
  • Dober
  • Cortec Corporation
  • Chemtex Speciality Limited
  • WEBA Technology Corp

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Request Methodology @ https://www.futuremarketinsights.com/request-report-methodology/rep-gb-7471

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.

Automotive Coolant Additives Market: Segmentation

On the basis of form, the Automotive Coolant Additives Market can be segmented into:

  • Powder
  • Liquid

On the basis of technology, the Automotive Coolant Additives Market can be segmented into:

  • Organic Acid Technology
  • Inorganic Additive Technology
  • Silicates
  • Borates
  • Phosphates
  • Others
  • Hybrid

About FMI

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

Contact Us:

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