Cathodic Protection Market Is Expected To Record A Steady CAGR Of Nearly 6.0% Through 2028, To Exceed Revenues Worth US$ 7,000 Mn

According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013.

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However, by using the current available corrosion control practices, only around 15% to 35% of the total cost of corrosion can be saved, which is between US$ 375 Bn – US$ 875 Bn.

Increasing global cost of corrosion has resulted in a significant rise in the need for technologies related to its prevention, which in turn is creating demand for solutions such as cathodic protection. Additionally, essentiality of corrosion protection and control in industrial sectors, for the prevention of any catastrophic events, is a key factor underpinning growth of the cathodic protection market.

Cathodic protection is a globally used technique to control the corrosion of a metal surface in a harsh environment. Owing to the efficient and reliable corrosion protection technology, the cathodic protection market is estimated to grow at a significant rate during the forecast period, supported by the increasing demand for corrosion prevention technologies to minimize the direct cost of corrosion.

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Cathodic Protection Market: Segmentation Analysis

Cathodic Protection Market Analysis by Solution

By solution, the cathodic protection market has been categorised into products and services. The products segment can be further divided into anodes, power supplies, junction boxes, test stations, remote monitors, coatings, instrumentation, and others.

Services include inspection, design & construction, and maintenance. Leading players in the market provide almost all the products and services for cathodic protection to various end users.

Cathodic Protection Market Analysis by Type

By type, the cathodic protection market is segmented into galvanic (sacrificial anodes) and impressed current. The impressed current-based cathodic protection continues to hold bulk shares of the market, nearly 80%.

Demand for cathodic protection based on impressed current continues to remain influenced by the high cost of alternative methods available for cathodic protection currently.

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Cathodic Protection Market Analysis by Application

By application, the cathodic protection market has been categorized into pipelines, storage facilities, processing plants, water & wastewater, transportation, building, and others.

Government regulations related to the corrosion protection of industrial infrastructures continues to influence growth of the cathodic protection market.

The more regulations are imposed, the more cathodic protection is required, and more accurate and detailed the testing and records need to be. This is expected to significantly boost growth of the cathodic protection market in the near future.

Cathodic Protection Market Analysis by Region

From a regional perspective, North America is a projected to be a prominent market, owing to significant pipeline integration in the oil & gas industry. Europe is projected to hold over one-fourth share of cathodic protection market.

The market in Asia Pacific is anticipated to expand at a relatively higher CAGR, owing to the increasing investments in the infrastructure development, and increased spending on the maintenance of existing infrastructure. China is expected to be the most lucrative market for cathodic protection, with sales projected to grow at a CAGR of over 7% during through 2028.

Testliner Market Insights, Deep Analysis of Key Vendor in the Industry 2020-2030

Global Testliner Market – Overview

The packaging paper market has witnessed an increased growth during a couple of decades with the growth of packaging industry. The structure of the industry landscape is continuously changing. Testliner is a paper liner made of recycled paper and is used in variety of applications such as food & beverages, automotive, consumer goods, healthcare etc. Testliner have a smooth and clean surface made of recycled fluting paper. Test liner is used in the manufacturing of corrugated board. The inner and outer surface of the corrugated box is pasted with the testliner.

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Testliner has gained significant importance in packaging market on the backdrop of its wide application several industries. Testliner has not only maintained various features of paper but has overcome drawbacks of paper. Being recyclable and made from recycled materials testliner is environment friendly. These factors are anticipated to witness positive growth in the global testliner market during the forecast period. Moreover, the growth of the global testliner market is expected to propel the demand for testliner on the backdrop of the corrugated packaging market during the forecast period.

Global Testliner Market – Dynamics

Paper is used for packaging of food items and consumer goods, automotive goods etc. Recyclability and decomposability of testliner make it environment-friendly. In addition to this, the key factor driving the growth for the testliner market is the high printability on the surface of testliner. Testliner is used in the manufacturing of corrugated boxes, corrugated trays etc. Corrugated boxes are used in a variety of applications in several industries such as food & beverages, healthcare, electrical & electronics, building & construction etc. Along with this corrugated packaging solutions are widely used in the industrial packaging industries. The use of recycled paper in the manufacturing of testliner reduces the cost of testliner as compared to kraftliner to a significant extent.

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Despite the positive outlook, the growth of the testliner market might be affected.  One of the factors is the stringent government laws and restrictions against environmental pollution. Another factor is the growth of the digitalization. These are the factors which might hamper the growth of the global testliner market during the forecast period.

Global Testliner Market – Regional Outlook

Geographically, the global market for testliner has been divided into seven key regions as: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Among these regions, the Asia Pacific excluding Japan region is expected to dominate the global testliner market in terms of value and volume both. Countries like China and India are expected to be the dominating countries in the Asia Pacific excluding Japan testliner market during the forecast period.

Global Testliner Market – Key Players

Some of the key players operating in the global testliner market are following: Smurfit Kappa Group plc, Mondi Group, PT. Lohdjinawi Widjaya, Stora Enso Oyj, DS Smith Plc, International Paper Company, Georgia-Pacific Equity Holding Llc etc. Many local and unorganized players are expected to contribute in the global testliner market during the forecast period.

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.

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The report covers exhaust 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. 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 Testliner Market – Segmentation

Globally, the testliner market has been segmented into testliner type, coating type, and end-use industries.

On the basis of testliner type, testliner market has been segmented into:

  • Brown testliner
  • White testliner

On the basis of application, testliner market has been segmented into:

  • Corrugated Trays
  • Corrugated boxes

On the basis of coating type, testliner market has been segmented into:

  • Coated testliner
  • Uncoated testliner

On the basis of end-use industry, testliner market is segmented into:

  • Food & beverages
  • Automotive
  • Chemicals
  • Consumer durables
  • Others

Photographic Paper Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2027, Report

Global Photographic Paper Market – Overview

In the recent years, the printing industry has seen significant growth due to adoption of better printing technology, which increases aesthetic look of the product. Photographic paper is layered with a light sensitive chemical that is used for creating photographic prints. Photographic paper when exposed to light can capture the image/picture and can be developed as a visible picture. Photographic paper is mainly made of fiber-based paper (FB) and resin-coated paper (RC) with baryta layer (barium sulfate) as a photographic emulsion. In addition, photographic paper also helps in developing image on the paper only by fixing and clearing. Furthermore, photographic paper can also imprint high-quality image in order to replicate a better captured object. Due to excellent high-quality imaging on photographic paper, it can be used for making hoardings, posters, magazines, etc.

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Global Photographic Paper Market – Dynamics

The photographic paper market is expected to grow significantly on the backdrop of increasing trend towards advertisements by using printed hoardings and posters. Printed advertisement also increases the brand favorability and purchase intent towards the product, which is expected to projected to drive the demand for photographic paper. In addition, printed communication is permanent, easily re-readable and portable, which increases the trust for the content or the product. All these above factors are also anticipating the photographic paper market to grow during the forecast period.

According to a survey by the Two Sides Organization in June 2017, nearly 73% of respondents preferred reading a printed magazine than reading a magazine on electronic device. All these factors are expected to drive the growth of the market for photographic paper. In March 2017, Ilford Photo, a subsidiary of Harman Technology Ltd., developed a new range of photographic paper with silver halide for providing better black and white prints. In September 2018, Fujifilm Manufacturing Europe B.V. introduced silver halide colour photographic paper at the Photokina 2018 event. Moreover, high manufacturing cost of the paper owing to the usage of silver halide in the manufacturing process is expected to hamper the growth of the market for photographic paper.

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Global Photographic Paper Market – Regional Overview

In North America, the U.S. is expected to be leading market during the forecast period. In Asia Pacific, China and India are expected to witness high growth in the photographic paper market. Furthermore, China and India have seen a significant growth for photographic paper due to increasing trend for printing in several applications. In Europe, France, Germany and the U.K are expected to witness sluggish growth due to saturation for printing industry during the forecast period 2018–2028.

Global Photographic Paper Market – Key Players

Examples of some of the key players operating in the photographic paper market are Canon Inc., Fujifilm Holdings Corporation, Eastman Kodak Company, Seiko Epson Corporation, China Lucky Group Corp, HP Inc., Shantou Xinxie Special Paper Technology Co., Ltd., Brother Industries, Ltd., Harman Technology Ltd., Hahnemühle FineArt GmbH, Foma Bohemia spol. s.r.o. (Ltd.), etc.

The report is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic 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.

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The global market is divided into seven major regions –

  • North America
  • Asia Pacific excluding Japan (APEJ)
  • Latin America
  • Eastern Europe
  • Western Europe
  • Japan
  • Middle East & Africa (MEA)

Global Photographic Paper Market – Segmentation

The global photographic paper market is segmented by material type, thickness, distribution channel, and end use. The pricing for photographic paper has being done based on material type segment in US$ million, and the volume is considered in tonnes.

On the basis of material type, the global photographic paper market is segmented into –

  • Paper
  • Fiber – Based Papers (FB)
  • Resin – Coated Papers (RC)
  • Plastic
  • Baryta Layer

On the basis of thickness, the global photographic paper market is segmented into –

  • Less than 80 GSM
  • 80 GSM to 150 GSM
  • 150 GSM to 250 GSM
  • 250 GSM & Above

On the basis of distribution channel, the global photographic paper market is segmented into –

  • Hypermarket / Supermarket
  • Retail Stores
  • Convenience Stores
  • E-Commerce

On the basis of end use, the global photographic paper market is segmented into –

  • Household
  • Commercial
  • Others

Biodegradable water bottles Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Biodegradable water bottles market: Overview

According to the estimates, more than 8 million tonnes of plastic litter is dumped into the ocean every year, damaging aquatic life. One of the worst culprits of single-use plastic is plastic water bottles that are discarded as soon as the drink is finished. These plastic water bottles take between 400 to 1000 years to degrade. Introduction of biodegradable water bottles is a significant step towards curbing the pollution caused by plastic. Biodegradable water bottles are made from organic materials such as algae, bamboo, husks, bulrush, recycled paper, sugarcane pulp and biodegradable plastic bottles are made from PLA (polylactic acid), PHA (polyhydroxyalkanoates), and biodegradable PET.

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Biodegradable water bottles are an ideal choice as they decompose within 80 days. Biodegradable water bottles do not leave behind any micro-particles or leach heavy metals in the environment. These bottles are made from sustainable materials and do not use fossil fuel for its production. Biodegradable water bottles are considered a significant breakthrough in combating the trash problem that is plaguing the oceans. Biodegradable water bottles market is expected to increase as many companies will adopt an environmentally friendly packaging solution for storage and transport of water.

Biodegradable water bottles market: Dynamics

Half of all the plastic water bottles are used only once, and these bottles require three times the amount of water to produce a plastic bottle than it does to fill one. Biodegradable water bottles are an alternative measure against the traditional plastic bottles that are causing considerable damage to the environment. Biodegradable water bottles can degrade anywhere, be it on land or ocean. The growing environment protection awareness among people will help the biodegradable water bottles market to flourish.

The global biodegradable market accounts for a share of less than 1% of the plastics market, but with an increase in R&D adopted by market players, the market is expected to grow steadily. Eco-friendly and cost-effective nature of the biodegradable water bottles drives the biodegradable water bottles market positively. The urgent need to replace the amount of unreal plastic that is produced, used and thrown away will help in the significant growth of biodegradable water bottles market shortly. Biodegradable water bottles made from algae are purely vegan and edible.

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These bottles made from organic sources can withstand high levels of water exposure and are shatterproof. Soon other food grade companies are expected to adopt biodegradable bottle packaging solutions for items like juice, milk and other household products. There is growth in the demand for bottled water because of the hygienic and safe drinking solutions which will lead to a significant increase in the biodegradable water bottles market during the forecast period. However, beautiful transparent plastic water bottles are part of marketing and a primary restraint for the growth of biodegradable water bottles.

Temperature specific biodegradable plastics degrade only at 50°C which is not possible inside the ocean; this might hamper the growth of biodegradable water bottles market.

Biodegradable water bottles market: the Geographical outlook of biodegradable water bottles market in the following regions

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

North America and Western Europe are the primary consumers of biodegradable water bottles worldwide growing at the highest CAGR in the forecast period. Developing countries such as India and China has tremendous potential and are rising at a rapid pace due to the increase in domestic demand. Some of the market trends include strict government regulations, growing population and recent technological developments in biodegradable packaging. These factors are expected to be the primary reasons for the growth in biodegradable water bottles market.

Biodegradable water bottles market: Key players

  • Paper water bottle
  • Ch2oose
  • Anhui Idea Technology Ltd.
  • Taizhou merry port Plastic Products Co. Ltd.
  • Lyspackaging
  • Vegan bottle
  • Mitsubishi Plastics
  • Biopac Co.
  • Raepack Ltd

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.

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The report covers exhaust 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. 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.

 

 

Biodegradable water bottles market: Segmentation

Biodegradable water bottles market is segmented by the material

  • Organic material
  • Paper
  • Sugarcane pulp
  • Bamboo
  • Algae (Agar powder)
  • Biodegradable plastic
  • Plant-based PET (polyethylene terephthalate)
  • PHA (polyhydroxyalkanoates)
  • PLA (poly-lactic acid)
  • Cellulose-based plastics
  • Poly-butylene succinate

Biodegradable water bottles market is segmented by capacity

  • 15 ml – 100 ml (small)
  • 100ml – 500ml (medium)
  • 500ml -1000 ml (large)
  • Others

PET Container Market to Witness a Healthy Growth during 2018 – 2028

PET Containers Market: Significance

PET containers are one of the economical packaging solutions for packaging of carbonated soft drinks, bottled water, edible oil, and other personal care & household products among its counterparts. Burgeoning consumption of the ready-to-consume products has propelled the demand for PET containers in the market. The key technologies used for the manufacturing of PET containers are stretch blow molding and injection blow molding.

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PET Containers Market: Evolution

PET containers were first introduced in the market during the 1960s. Initially, PET containers were costly, and were single use containers only. However, PET containers market gained traction due to subsequent knowledge regarding their features and benefits over their counterparts such as glass and metal containers. Costs swiftly dropped as the containers became widely used which led the PET containers market to grow at a fast pace, and now became the most preferred choice of packaging manufacturers. PET containers are widely adopted for packaging of several products such as beverages, chemical & petrochemicals, pharmaceutical, household & personal care products etc.

PET Containers Market – Dynamics

Drivers:

The reason for high preference for PET containers is due to the several benefits offered by them, which includes features such as light weight, recyclable, sustainable etc. Consumer preference is towards cost-effective packaging solutions along with convenient and environmental friendly products.

Trends:

Massive shift in preference from glass containers to PET containers

  • In May 2010, Marks & Spencer made a large scale transition from glass to PET bottles for packaging of wine to meet consumer demands without affecting the environment.
  • SunPat peanut butter, switched its butter packaging to PET packaging. Premium packaging manufacturers are also switching from glass packaging to PET packaging.

Restraints:

Despite the positive outlook, there are some factors that might hamper the growth of PET containers market. Widespread environmental concerns over the use of plastic bottles has slightly impacted the demand for PET bottles in most of the countries. Plastics take too much time to breakdown and do not biodegrade in landfills easily. Further, containers that contain hazardous materials might cause pollution if are not disposed of, properly.

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Comparison between HDPE and PET

pet containers market

The PET bottles are mostly used in beverage packaging due to several features such as no harm to the content, convenient, and content visibility.

PET Containers: Production Process

pet containers market 01

PET Containers Market – Regional Outlook

Geographically, the global market for PET containers is divided into seven key regions – North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.

PET Containers Market – Key Players

  • Amcor Ltd.
  • Aaron Packaging Inc.
  • Sonoco Products Company
  • Berry Global Inc.
  • Alpha Packaging Inc.
  • Gerresheimer AG
  • GTX HANEX Plastic Sp. z o.o.
  • Koksan AS
  • Graham Packaging Company
  • Indorama Ventures Public Co., Ltd.
  • Mpact Limited
  • Taiwan Hon Chuan Enterprises Co., Ltd.
  • PDG Plastiques
  • Esterform Packaging Limited
  • ALPLA Werke Alwin Lehner GmbH & Co KG
  • Resilux NV
  • RETAL Industries Ltd.
  • C&G Packaging

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Research Methodology:

pet containers market 02

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 exhaust 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. 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.

Gummed Tapes Market by Application – Box & Carton Sealing, Splicing, and Others for 2019 – 2029

Cartons sealed with gummed tape degrade at a much slower rate on variation in temperature, and perform better in humid environments and under very low temperature in comparison with regular pressure-sensitive tapes. Besides, the prolonged use of tape guns for sealing cartons has an adverse effect on the wrists of workers, reducing overall productivity. In contrast, gummed tape can be cut easily to obtain the desired length with the use of tape dispensers.

On the back of these factors, the global gummed tapes market is expected to exhibit a steady CAGR of 6.2% over 2019-2029, and is estimated to reach US$ 1.9 Bn by 2029.

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Key Takeaways of Gummed Tapes Market Study

  • The reinforced gummed tapes segment is expected to create substantial incremental revenue opportunity over 2019-2029, as these consist of fibers that provide additional mechanical strength such as high durability and abrasion resistance, and improve the tear-resistance of gummed tapes.
  • Brown gummed tapes are expected to hold a major share of the gummed tapes market.
  • Starch adhesive-based gummed tapes are expected to gain significant traction, attributable to the use of eco-friendly material such as potato starch and paper in these tapes. Starch-based gummed tapes provide effective bonding with packaging material.
  • Gummed tapes are primarily used for box and carton sealing applications, as they offer strong adhesion and air-tight sealing.
  • Expansion of shipping & logistics industries is expected to offer significant growth opportunities to players in the gummed tapes market during the forecast period. Increasing demand for tamper-evident packaging solutions during transportation is expected to boost the sales of gummed tapes.
  • Europe is dominating the global gummed tapes market. Asia Pacific countries such as China, India, and Japan are anticipated to gain substantial market share over the decade, on the back of the high production of gummed tapes and low raw material prices in China.

“Key players operating in the global gummed tapes market can gain significant profits by focusing on enhancing their market presence in untapped markets and developing countries such as China and India, attributable to increasing industrialization and cross border trade in these countries.”

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Gummed Tapes Market Landscape                                                                      

The gummed tapes market is highly competitive, and substantial growth is expected in next decade, attributable to the increasing adoption of tapes with environment-friendly material and excellent adhesion properties over other alternatives such as pressure-sensitive tapes and BOPP tapes.

Some of the leading manufacturers in the gummed tapes market are 3M Company, Intertape Polymer Group. Inc, Shurtape Technologies, LLC, Loytape Industries SDN.BHD., Holland Manufacturing Co. Inc., Papertec, Inc., LPS Industries, LLC, Windmill Tapes & Labels Ltd., Neubronner GmbH & Co., Can-Do National Tape, etc. FMI has identified 3M Company as a tier-I company. Product innovation and acquisition are the key strategies of this company. Tier-II companies include Polymer Group. Inc, Shurtape Technologies, LLC, and Loytape Industries SDN.BHD. Key players in the gummed tapes market are focusing on increasing their footprint in developing countries.

  • In 2018, 3M Company invested more than 5% of its revenue on research & development to enhance product quality and product offerings.
  • Intertape Polymer Group Inc. acquired Canadian Technical Tapes Ltd., a manufacturer of packaging tapes, in early 2018.

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FREQUENTLY ASKED QUESTIONS ABOUT GLOBAL GUMMED TAPES MARKET

What is the current and future market status of gummed tapes?

The global gummed tapes market is projected to witness significant growth in the foreseeable future, owing to their numerous applications in key end-use industries, and is expected to expand 1.8X its current market value by the end of 2029.

Why are gummed tapes gaining traction?

Gummed tapes are manufactured from natural adhesives such as paper and potato starch, which increases adhesive bonding when activated by water. The backing material used for making gummed tapes – reinforced fiber – offers tear-resistance, which makes them tamper-proof. Additionally, gummed tapes are sustainable for cold and hot environmental conditions.

Which end-use industries hold potential growth opportunities for manufacturers?

The demand for gummed tapes is consistently increasing from shipping and logistics industries, as these tapes offer high adhesive strength for corrugated box packaging and damage-free transportation of products. As per FMI analysis, shipping and logistics industries account for a majority of the market share in 2019, and are expected to maintain their dominance by the end of 2029. Building & construction, electrical & electronics, and automotive industries are also expected to offer substantial prospects for players in the gummed tapes market.

 About Gummed Tapes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global gummed tapes market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study offers growth projections on the gummed tapes market on the basis of backing material (paper gummed tape and reinforced gummed tape), product type (white gummed tapes and brown gummed tapes), adhesive type (starch adhesives and other adhesives), application (box & carton sealing, splicing, and others}, and end use (shipping & logistics, building & construction, food & beverages, automotive, metalworking, electrical & electronics

Polyethylene films market is expected to witness significant growth owing to the growing demand in the packaging industry

Polyethylene Films Market Overview

Polyethylene is a lightweight, water-resistant and durable polymer which is made by polymerization of ethylene. Polyethylene films are the most widely accepted films across the world having a wide range of applications extending from shopping bags to packaging industry. Polyethylene films have the high strength to weight ratio that makes it a better choice as compared to other types of packaging films. Furthermore, the light weight of polyethylene films helps in providing lesser overall weight.

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The ability and compatibility of polyethylene films with other barrier layers make it suitable for the challenging requirements of the market. Thus, promises the positive growth of the polyethylene films market during the forecast period 2018 – 2028. Polyethylene films protects the packaged product from the moisture, oxygen, dust, and microorganisms. Colored polyethylene films also help in preserving the packaged product from sunlight. In addition, the information on polyethylene films can easily be printed which makes it convenient for the customers and the producers. Polyethylene films also help with several benefits which can make the product look attractive by using different colors, patterns, and designs.

Polyethylene Films Market: Dynamics

Polyethylene films market is expected to witness significant growth owing to the growing demand in the packaging industry. Increase in per capita income across the globe is escalating the demand for packaged food & beverages, which in turn is expected to boost the market for polyethylene films. Polyethylene films provide protection against microorganisms which keeps the food hygienic.

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The innovation in flexible films industry to meet the ever -increasing market demand for innovative and lightweight packaging will contribute to the growth of the polyethylene films market. Polyethylene films thick sheets in place of glass and metals are providing the same strength in the cheaper rate. The advancement of the recycling and biodegradable sector will add to the growth of polyethylene films market. Polyethylene films are cheap, versatile; and flexible which gives it a competitive edge in the packaging industry.

Furthermore, the increase in the usage of polyethylene films for greenhouse in agriculture are escalating the demand for polyethylene films across the globe. In addition, polyethylene films also prevents moisture in the construction which is expected to lead the market for polyethylene films.

Polyethylene Films Market: Regional outlook

Geographically the global polyethylene films market has been divided into seven key regions as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa
  • Japan

The Asia Pacific market is expected to dominate the growth of the global polyethylene films market due to increase in food and beverages packaging industry in this region. The Europe and North America polyethylene films market is expected to witness a slow growth rate as compared to other region. The Asia – Pacific region represents lucrative opportunities for the growth of the global polyethylene films market during the forecast period.

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Polyethylene Films Market: Key players

Some of the key players operating in the global polyethylene films market are –

  • AEP Industries
  • Amcor Limited
  • I. du Pont de Nemours
  • Fluoro-Plastics Inc.
  • Raven Industries Inc.
  • Now Plastics, Inc.
  • Hosokawa Alpine Aktiengesellschaft
  • Akron Porcelain & Plastics Co
  • Senoplast Klepsch & Co. GmbH
  • Dowco Inc.
  • Innovia Films Limited
  • Primex Plastics corp.
  • Jindal Poly Films Limited

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 exhaust 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. 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.

Polyethylene Films Market: Segmentation

Globally, the polyethylene films market has been segmented on the basis of material type, on the basis of thickness on the basis of packaging type and on the basis of end use industry which are as follows –

On the basis of material type, the global Polyethylene films market is segmented as –

  • Low Density Polyethylene Films (LDPE)
  • Linear Low Density Polyethylene Films (LLDPE)
  • Medium Density Polyethylene Films (MDPE)
  • High Density Polyethylene Films (HDPE)
  • Bio Polyethylene Films

On the basis of thickness, the global Polyethylene films market is segmented as –

  • Less than 50 micron
  • 50- 100 micron
  • 100-200 micron
  • 200 micron and above

On the basis of packaging type, the global Polyethylene films market is segmented as –

  • Bags
  • Bottles
  • Containers
  • Pouches
  • Tubes

On the basis of end use industry, the global Polyethylene films market is segmented as –

  • Food & Beverages
  • Personal Care & Cosmetics
  • House Care
  • Building and Construction
  • Agriculture

Manual Resuscitator Market is set to surpass a valuation of USD 500 million by 2030

The global manual resuscitator market is set to surpass a valuation of USD 500 million by 2030, according to a research by ESOMAR-certified firm Future Market Insights (FMI). In a new study on the market, the

COPD (chronic obstructive pulmonary disease) is amongst the most life-threatening diseases, wherein breathlessness forms the very first symptom. The WHO states that the number of people affected by COPD crossed 250 Mn in 2019.

The US alone has more than 15 Mn cases (as per the American Lung Cancer Association). There isn’t any direct cure on records as of now. As such, symptomatic treat is being administered.

According to FMI’s analysis, manual resuscitator is sufficing at the moment. However, automation in this regard is bound to restrain the market in the years to come.

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Manual Resuscitator Market Outlook and Key Findings

  • The global manual resuscitator market is expected to witness a CAGR of over 4.1% between 2020 and 2030
  • North America and Europe collectively account for more than 50% of market share and the scenario is expected to remain the same in the years to come.
  • Outbreak of Covid-19 has resulted in more than 60% of growth since Mar 2020
  • Automation of manual resuscitators is expected to restrain the market in the near future

What’s with Infants and Neonates?

According to the WHO, in the year 2018, close to 2.5 Mn children died in the very first month of their life due to pre-term birth, infections, or birth asphyxia.

It further states that around 23% of infants were diagnosed with birth asphyxia in the same year. Resuscitation is a must in cases like these.

The trend mentioned above, apart from COPD, is expected to take the manual resuscitator market at a higher stride in the forecast period (2020-2030).

Key Takeaways

  • Self-inflating bags accounted for the highest market share in 2019 as the usability is greater in emergency situations. Also, NCBI states that neonatal care could be best adhered to through self-inflating bags.
  • Flow-inflating bag (better known as anaesthesia bag) is expected to witness an exponential growth between 2020 and 2030 as it finds its applications in intensive care units, wherein even a bit of fluctuation in oxygen delivery is uncalled for.
  • Out-of-hospital cardiac arrests have been increasing worldwide. Around 395,000 such cases are seen in the US alone every single year. The National Academies of Sciences, Engineering and Medicine (US) has been conducting public workshops for improving strategies to survive cardiac arrests. This will also drive the demand for manual resuscitators as the primary course of treatment.
  • The outbreak of Covid-19 has escalated the demand for manual resuscitators as breathlessness is one of the symptoms herein.

“Neonatal Care is the primary area of focus by the governments worldwide, along with heart-related ailments. This trend is bound to bolster the manual resuscitation market in the forecast period” – says the FMI analyst.

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Key Participant Insights

The global market is set to enhance its scope in the forecast period, due to rising number of cardiac arrests. In addition to this, cost-effectiveness is augmenting the sales of manual resuscitator.

The key market players covered by FMI include HUM Systems for Life, GE Healthcare, Covidien Plc, Hopkins Medical Product, Drager Medical AG and Co., Laerdal Medical, Me. Ber. Srl, Hill, Ambu A/S, Philips Healthcare, CareFusion, Weinmann, and Medline Industries.

Key Segment

Type

  • flow-inflating resuscitator
  • self-inflating resuscitator
  • T-piece

Modality

  • Silicone
  • PVC
  • rubber

Technology

  • pop-off valve
  • PEEP valve
  • others

Type of Patient

  • Pediatric
  • Adult
  • Others (Neonates and Infants)

End-Use

  • hospital
  • out-of-hospital (home care, community care, primary care)
  • ASC
  • Military
  • others (specialized diagnostic centres, specialized clinics)

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Geography

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

Innovations Drive Pharmaceutical Plastic Bottle Sales Over 10% CAGR: FMI Report

The pharmaceutical packaging market is  registering an increasing demand for anti-counterfeiting solutions and child protective packaging. In the pharmaceutical industry, counterfeiting has emerged as a major concern for manufacturers and consumers.

Given this,  anti-counterfeiting technologies such as barcodes,  labels and tags are attracting attention among manufacturers. According to a recent report by Future Market Insights (FMI), driven by technological advancements,  pharmaceutical plastic bottle  sales will grow at a CAGR of 10.3% between 2021 and 2031. The market is expected to reach a value of over $79 billion in 2031.

The increasing number of cases of child poisoning due to accidental ingestion of pharmaceuticals has helped introduce child-resistant packaging solutions. These products are typically available in two-piece push-and-turn technology for bottle closures.

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Currently, most promising drugs are available in children’s packaging, which has a major impact on sales of pharmaceutical plastic bottles. There is a constant need for innovation among industry players to sustain itself in an extremely competitive market.

For example,  the introduction of RFID to replace traditional barcodes  aims to increase the convenience of tracking and tracking products. QR codes are the newest addition to the pharmaceutical bottle industry, where they are used for multiple purposes, such as displaying detailed product information, tracking products through the supply chain, or as a means of maintaining logs in pharmacies.

Innovations that increase the utilization of recycled materials are also accelerating in the market. These innovations and technological advances are contributing to progress.

For example, in January 2020, Gerresheimer AG  announced that it would provide customized rigid plastic packaging solutions, including pharmaceutical plastic bottles made from BIO-PET and  R-PET .

Key highlights of the Pharmaceutical Plastic Bottles Market study:

  • Demand for plastic bottles for ophthalmic/nasal formulations will increase to 12.7% during 2021-2031, driven by increased application of corticosteroid drugs.
  • Polyethylene terephthalate (PET)  is expected to account for a dominant share of 30.8% in 2031 as a result of regulations and restrictions on the use of plastics.
  • Bottles with a capacity of less than 100ml are projected to increase the opportunity to $28.1 billion over the next five years.
  • The US will account for more than 82% of the North American market in 2021. However, the country is likely to lose its share of value to active Canadian industries by the end of 2031.
  • China and India will remain lucrative markets due to their large patient populations and investments from the local pharmaceutical industry.

“Pharmaceutical plastic bottles are a relatively economical, lightweight and convenient packaging solution compared to pharmaceutical glass bottles. These products are gaining popularity among manufacturers and consumers. Consumers often choose plastic bottles to avoid the risk of breakage. These factors are expected to drive demand through 2031,” said an FMI analyst.

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Impact of COVID-19 on Pharmaceutical Plastic Bottle Market

The ongoing COVID-19 pandemic has had a negative impact on the packaging industry. Any losses incurred may be due to logistical restrictions and worldwide imposed closures.

Production output has declined due to reduced production capacity and delayed supplies of raw materials. Manufacturers in the pharmaceutical plastic bottle industry have struggled to meet the sudden increasing demand in the market.

With continued easing and unlocking of transport restrictions, the market is expected to grow steadily through 2021 and beyond.

Who is the winner?

Tier 3 players in the pharmaceutical plastic bottle market account for 75-85% of the overall value share. The major players contribute 15-25% of the global market. Strategies related to capacity expansion and investment in product development will gain attention from the industry.

Berry Global Inc.  , Amcor Plc,  ALPLA Werke Alwin Lehner GmbH & Co KG  is a leading player operating in the pharmaceutical plastic bottle market. Additionally, AptarGroup, Inc., O. Berk Company, LLC, Alpha Packaging Holdings, Inc., Comar, LLC are some of the notable players in the pharmaceutical plastic bottle market.

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Increasing Demand for Innovative Packaging Process in the Pharmaceutical Sector is Driving the Deblistering Machine Market Growth

The automation of existing machinery and demand for application-oriented deblistering machines are fueling the demand for both automatic and semi-automatic machines in the market.

Increasing manufacturing output from the global pharmaceutical industry has created a strong need for deblistering machines and packaging solutions. Several manufacturers are preferring automated deblistering machines for faster processing and to reduce unnecessary labor costs, as per ESOMAR-certified consulting firm FMI.

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Growing emphasis on research and development in the pharmaceutical industry is anticipated to propel the demand for efficient deblistering machines. The availability of automatic and semi-automatic deblistering machines allows customization as per the end users’ requirements, generating demand in the market.

The unprecedented COVID-19 pandemic has provided opportunities to the market players operating in the deblistering machine market, due to the rapid expansion of the pharmaceutical industry and the need for drugs and treatments for containing the virus, find FMI in this study.

Currently, North America is showcasing significant demand for deblistering machines, owing to the presence of some of the key market players and a high preference for technological automation in the pharmaceutical sector. Increasing research and development, coupled with product maximization is creating demand for deblistering machines in the region.

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“Rising demand for technologically enhanced deblistering machines, owing to increased manufacturing output in the pharmaceutical sector, coupled with increasing investment in research and development, is fueling the growth of the market,” remarks the FMI analyst.

Key Takeaways:

  • Automatic deblistering machines are dominating the market, expanding at a CAGR of approximately 5%.
  • Manual and semi-automatic variants are attracting manufacturers’ attention due to relatively lower purchase costs.
  • As per FMI’s analysis, 40 to 80 BPM is a highly preferred segment in the deblistering machines market.
  • North America is dominating the deblistering machines market owing to the increasing demand for advanced pharmaceutical product packaging.
  • Rising production in the Indian pharmaceutical sector are creating demand in the market.
  • Manufacturers in the China market are capitalizing on high production supported by low investments and production costs.
  • In the German pharmaceutical sector, robust investments in drug development are providing lucrative opportunities for several market players.

Prominent Drivers:

  • Increasing manufacturing output by the pharmaceutical industry will drive the deblistering machines market growth.
  • Customization as per the end-user’s requirement in automatic and semi-automatic deblistering machines will propel the demand in the market.
  • Inclination of manufacturers towards automated deblistering systems to facilitate the overall deblistering process is fueling the market growth.

Key Restraints:

  • Manufacturing defaults and quality concerns will have a negative impact on sales in the market.
  • High custom duties and taxes imposed on importing deblistering machines in various regions will hinder the market growth.
  • Inability to afford high-cost machinery by small manufacturers will negatively affect the growth of the market.

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Competitive Landscape

Prominent players operating in the global diblistering machines market are focusing on the current need from the pharmaceutical sector and are trying to maintain a competitive edge in the market by offering next-gen automated deblistering machines. For instance:

  • Stripfoil Debelistering Technology is offering its fully automated deblistering machine with an operating speed of 80 to 140 blisters per minute. These machines are capable of deblistering almost all types of blister formats.
  • SEPHA has launched a new range of deblistering machines with features including automatic feed and an improved user interface with fault indicators, easy tooling changeover, and variable speed up to 60 blisters per minute.

Some Leading Players Profiled by FMI in the Deblistering Machine Market include:

  • Omnicell, Inc
  • Uhlmann Pac-Systeme GmbH & Co. KG
  • ACG Worldwide Private Limited
  • RBP Bauer GmbH
  • Sepha Limited
  • Stripfoil Deblistering Technology
  • Jornen Machinery Co., Ltd
  • O.M.A.R. S.r.l
  • SaintyCo International Group
  • Elmach Packages India Pvt. Ltd

More Insights on FMI’s Deblistering Machines Market

The latest market study on the global deblistering machines market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Automation

  • Automatic
  • Semi-Automatic
  • Manual

Operating Speed

  • Up to 40 BPM
  • 40 to 80 BPM
  • Above 80 BPM

End Use

  • Pharmaceutical Manufacturers
  • Pharmacies
  • Hospitals & Clinical Laboratories
  • Medical Waste Recycler