Gummed Tapes Market size is expected to increase at ~6.2% CAGR during the assessment period (2021-2031)

The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products.

Sales of these tapes are expected to burgeon on the back of surging application in various end-use industries such as food & beverages, electricals & electronics, printing, and others. The excellent bond forming ability, resulting into better sticking and gluing properties of gummed tapes will also fuel the demand.

These tapes perform well in the normal temperature ranges once applied to the corrugated box. They also provide ease and convenience to seal the box with the highest level of safety and security to the box and also can be easily opened without the use of cutting tools.

On the back of such aforementioned factors, the global gummed tapes market is projected to surpass US$ 1.9 Bn by the end of 2031.

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Key Takeaways:

By backing material, the fibre reinforced tape is expected to hold around 90% of the market by 2031.

Brown gummed tapes segment is forecast to hold maximum share in the global market registering 6% CAGR during the assessment period.

In terms of adhesives, the starch adhesives is projected to expand by 2x over the next decade.

Based on application, the splicing segment is poised to expand at a CAGR of 7.5% by 2031, registering year-on-year growth by 8% during 2025-2027.

By end use, shipping & logistics, food & beverages segment and electrical & electronics segment are anticipated to, collectively, hold around 40% of the market share.

North America, Europe, and East Asia are projected to hold approximately 65% of the market share by the end of 2031.

“Increasing need for enhanced product safety and improved package sealing solutions across shipping & logistics, electrical & electronics, and building & construction industries is propelling the demand for gummed tapes. Expansion of aforementioned end-use industries in East Asia is expected to create growth opportunities for market players.” says an FMI analyst.

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Elimination Of The Gluing Step To Fuel The Sales Of Gummed Tapes

The tapes applied with glue have the risk of falling off from the product or container as the temperature or weather conditions changes. Therefore, this not only leads to the defect in the sticking but also affects the product safety by increasing the risk of product damage during the transportation process.

Use of gummed tapes eliminates the gluing step and thereby makes the sticking and tape application process easy. This also saves time along with the better sticking and adhesion properties as compared to the traditional tapes.

Sustainability Concerns To Encourage Gummed Taped Demand

Gummed paper tapes are made using the natural paper and are much easier to use as compared to the plastic packaging tapes. Due to mono materials, these tapes are easy to recycle along with waste carton boxes and therefore reduces recycling challenges over multi material packaging formats.

Unlike the traditional tapes, the gummed tapes do not need an additional synthetic adhesive for the sealing process and thereby proves an eco-friendly sealing option for the variety of end-user industries. This is expected to burgeon the sales of gummed tapes.

Competitive Landscape

3M Company, Intertape Polymer Group Inc., Shurtape Technologies LLC, Holland Manufacturing Co., Inc., Loytape Industries Sdn Bhd, Papertec Inc., LPS Industries LLC, Windmill Tapes & Labels Ltd., Neubronner GmbH & Co., KG, Maxfel Srl, Can-Do National Tape, Suzhou Tongxie Adhesive Tape Co., Ibergum S.A., and Waterproof Corporation Pvt. Ltd. are key players operating in the global gummed tapes market.

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Gummed Tapes Market by Category

By Backing Material:

  • Paper Gummed Tapes
  • Fiber Reinforced Gummed Tapes

By Product Type:

  • White Gummed Tapes
  • Brown Gummed Tapes

By Adhesive Type:

  • Starch Adhesives
  • Other Adhesives

By Application:

  • Box & Carton Sealing
  • Splicing
  • Others

By End Use:

  • Shipping & Logistics
  • Building & Construction
  • Food & Beverages
  • Electrical & Electronics
  • Automotive
  • Healthcare & Hygiene
  • Metalworking
  • Oil & Gas
  • General Industries
  • Consumer Goods

By Region:

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

Gummed Tapes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for gummed tapes, analysing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals market growth projections on the gummed tapes based on backing material (paper gummed tape and fiber reinforced tape), product type (white gummed tape and brown gummed tape), adhesive type (starch adhesive and others), application (box & carton sealing, splicing, and others), end user (shipping & logistics, building & construction, food & beverages, electrical & electronics, automotive, healthcare & hygiene, metalworking, oil & gas, general industries, and consumer goods) across seven regions.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Watertight Doors Market to rise at a CAGR of 6.3% between 2021 and 2031

Watertight doors market witnessed sales of nearly 77,570 units by 2021 and is poised to register year on year growth of 6.7% in 2021. As per a study by Future Market Insights (FMI), buoyancy of the global watertight doors market can be attributed to-

  • Optimistic outlook of coastal and marine tourism
  • Surging rate of ocean-based activities
  • Rising focus on ship repair and maintenance
  • Flourishing seaborne transportation and trade

The watertight doors market worth will reach US$ 311 Mn in 2021, as per Future Market Insights (FMI) analysis. FMI projects sales of watertight doors to rise at a compound annual growth rate (CAGR) of 6.3% between 2021 and 2031.

The market exhibited a CAGR of 2.9% between 2016 and 2020. Despite impeded growth amid COVID-19 outbreak, the watertight doors market exhibited 6.7% year-on-year growth between 2020 and 2021.

Amid soaring competition, the top five players comprising, MML Marine Limited, REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o., AdvanTec Marine, Westmoor Engineering Ltd., SeaNetGroup are expected to account for 10% of watertight doors market in 2021.

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Federal initiatives to promote marine safety have worked in favour of high-scale production of marine components, such as watertight doors. For instance, the Government of Canada is introducing additional measures for enhancement of navigation safety and emergency response in the Canadian waters.

The measures were presented in the form of an official announcement and acknowledged as a part of Canada’s ‘Oceans Protection Plan’. On 14th June 2018, the U.S. Coast Guard announced two workforce initiatives in line with the ‘Marine Safety Program’. Particulars as such provide enough credence to the promising outlook of watertight doors market in 2019 and beyond.

“Investments in various forms of sustainable tourism, including coastal and marine tourism, is underway. This, in turn, has resulted in augmented production of marine vessels and associated components for safety, such as watertight doors. Rising vigor of ocean-based industries, such as offshore exploration and production, is supporting growth of offshore marine vessels and related components, including watertight doors”, says an analyst at FMI.

The report opines cruise ship revitalization and overhauls to be a prominent trend with profound influences on sales of watertight doors. The increasing demand for upgrading older ships by including advanced amenities and components is complementing the growth of building and repair activities, favouring high-scale production and sales of watertight doors.

As per the report, installation of hinged watertight doors is proliferating at an impressive rate, with global sales likely to cross 71,000 units in 2019. Robust watertight seal withstanding adverse conditions remains a key USP enhancing the visibility of hinged watertight doors over the sliding variants.

According to the report, end-users remain biased toward hydraulic as a viable source over electric ones in the watertight doors landscape, with global sales estimated to exceed 71,348 units in 2019. Hydraulic watertight doors have been traditionally employed in commercial and military vessels alike, owing to their attribute of greater power delivery through smaller force. Additionally, relatively higher control accuracy in light of simple push buttons and levers employed, and economic benefits owing to fewer moving parts equipped, are key demand determinants of hydraulic watertight doors.

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Manufacturers Seek Approvals From Renowned Organizations To Boost Credibility

The manufacturing framework of watertight doors witnesses major reformations in the light of evolving environmental concerns. Manufacturing companies are switching to sustainability-driven approaches, wherein production processes and value creation for the environment remain closely associated. Manufacturers of watertight doors are seeking approvals from prominent organizations providing marine classification, such as International Association of Classification Societies (IACS), to boost consumer confidence and get repeat sales

Leading manufacturers of watertight doors are vying to offer distinguishable products to gain competitive advantages amid homogeneous competitors, which will help them strengthen their brand equity. Sensing the end-user shift toward high convenience and superior functionality, manufacturers of watertight doors remain focused on offering maintenance free and easy-to-install products for seamless operations on board.

According to the report, the leading manufacturing companies are reinvigorating their technical know-how with high investments in research and development. This, in turn, is fostering their capabilities in terms of offering an ideal amalgamation of intelligent designs, enhanced longevity, and improved usability. Moreover, manufacturers are incorporating industry best drive systems in their products to offer reliable and safe products bolstering end-user convenience. As per FMI analysis, the industry giants remain involved in strategic collaborations with shipyards for seamless supply, which helps them boost their profit margins.

Watertight Doors Market: Segmentation

Product Type:

  • Hinged Watertight Doors
  • Sliding Watertight Doors

By Source:

  • Hydraulic Watertight Doors
  • Electric Watertight Doors

By Type of Vessel:

  • Commercial
  • Oil & Chemical Tankers
  • Bulk Carriers
  • General Cargo
  • Container Ships
  • Gas Carriers
  • Offshore Vessels
  • Passenger Ships & Ferries
  • Mega Yachts and Other Vessels
  • Military

By Region:

  • America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

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The FMI report traces brimming opportunities in the watertight doors market for the forecast period of 2021-2031. As per the report, the watertight doors market is envisaged to grow at a volume CAGR of over 5.5% through 2031.

Key Points Covered in Watertight Doors Market Research

  • Market Estimates And Forecast 2021 – 2031
  • Key drivers and restraints impacting the market growth
  • Segment wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on watertight doors Market And How to Navigate
  • Recommendations on Key Winning Strategies

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Demand for PET Blow Molders in North America to Witness Modest Growth

Booming food & beverage industry in the US and Canada demands higher production of plastic containers. Over time, a vast variety of carbonated and non-carbonated drinks have been developed across North America, some of which went on to span the globe. Manufacturers of these drinks and food products continue to seek customized bottles for packaging as their unique designs provided the needed brand identity for products. PET blow molders, thus, have become a key industrial equipment in North America.

Future Market Insights recently published its report on the PET blow molder market in North America, excerpts from which project the market to reach US$ 57.3 Mn value by the end of 2026. Although, key findings from the report project that during the forecast period, 2016-2026, the North American PET blow molder market will expand at a moderate pace.

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The market is presently valued at an estimated US$ 37.5 Mn, and is anticipated to register a moderate CAGR of 4.3%. In terms of volume as well, the market recorded sales of close to 400 PET blow molders in 2016. In the due course of forecast period, around 574 PET blow molders will be sold in North America, exhibiting a sluggish growth at 3.8% CAGR.

Factors Restraining the Demand for PET Blow Molders in North America

The report, titled “PET Blow Molder Market: North America Industry Analysis and Opportunity Assessment, 2016-2026,” has compiled multiple factors impacting the growth in demand for PET blow molders in North America. Higher preference to PET bottles by manufacturers of packaged drinking water is expected to drive the demand for PET blow molders in the region. But, the key restraints for North America’s PET blow molder market include:

  • Is it Economical? Blowing machines are majorly utilized by big manufacturers who require large scale output, but this creates a barrier for the other rural industries. If these machines are forced to give an output of a smaller volume, then the manufacturers aren’t able to fetch much profits. This is because PET blow molders consume the same amount of energy regardless of output volume.
  • Poor Stretch Ratios – These customized bottles have acute stretch ratios, due to which they can bend or even break upon dropping. The bottles should also be able to achieve standard measures set bearing certain force at lower temperatures.
  • Saving Resins Hampers the Bottle Quality – Bottle manufacturers have started to use lesser raw material amount in the manufacturing process. Such bottles tend to collapse at their weakest points, as at those points, the material gets too thin to bear any force. And, these bottles will not be able to bear the load administrated to them during their quality checking process.

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Companies such as PET All Manufacturing Inc., R& B Plastics Machinery, LLC, Amsler Equipment, Inc., SIPA North America Inc., Nissei ASB Company, Milacron Holdings Corporation, Sidel, Jomar Corporation, Custom-Pak Inc., and Tech-Long Inc. are leading manufacturers of PET blow molders, based across the US and Canada. The PET blow molder market in North America is split into these two countries, where US is projected to remain the dominant country by procuring over 70% of gross revenues throughout the forecast period.

On the basis of molding technologies, in 2016, injection blow molding technology accounted for revenues worth nearly US$ 17 Mn. This technology will continue to dominate the market revenues in the years to come. Demand for automatic PET blow molders will also gain traction, exhibiting a market revenue share of whopping 93.6% by 2026-end. The report also reveals that pharmaceuticals and personal care application of PET blow molders will showcase revenue growth above 4.3% CAGR, while food & beverages continue to be largest application of PET blow molders in North America.

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About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Automotive Exhaust Manifold Market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026

With a key focus on the development of new technologies, in line with stringent government regulations aimed at emission control, the demand for efficient automotive exhaust manifold systems is estimated to grow at a rather modest rate, in 2019, as indicated by Future Market Insights (FMI) in a recently published market intelligence report. As per the analysis, the global sales of automotive exhaust manifold systems is estimated to be valued at US$ 8.6 Billion, by the end of 2019, representing an annual growth rate of approximately 3.5 percent, during the said period.

[280 Pages] Future Market Insights (FMI) has forecasted the global automotive exhaust manifold market to grow with a year on year growth of 3.8% in 2022 reaching a value of about US$ 9.7 Bn by 2022 end. The exhaust manifold is an important part of automotive exhaust systems as it keeps hazardous exhaust fumes out of the vehicle and away from the occupants. The global market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026.

Apart from comprehensively studying the key dynamics shaping the growth trajectory of the global automotive exhaust manifold market, FMI study also offers in-depth segmental analysis, under several categories including material, product, engine, vehicles, fuel, and sales channel.

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Demand for clean and efficient transportation is increasing, given the environmental concerns, stringent regulations regarding carbon emissions and footprint reduction initiatives taken by several governments, globally, will predominantly drive the sales of automotive exhaust manifold systems, in the coming years, predicts FMI.

Material Advancements for Strong, Durable Automotive Exhaust Manifold Systems

Top companies operating on the global automotive exhaust manifold systems market are increasingly developing efficient, durable, and long-lasting exhaust systems for a better load bearing capacity of the engines. Advancements in science technologies (for materials) in manufacturing industries have allowed players to use newly developed materials such as alloys of stainless steel, making exhaust manifolds durable and robust under extreme pressure and temperature conditions, apart from making the vehicles much lighter.

In addition, companies are also innovating novel exhaust system technologies, in agreement with government regulations such as Euro 6C, China National Standard V and VI, Bharat Stage VI. FMI anticipates significant innovations in the automotive exhaust manifold systems market in view of such emission regulations.

Key Takeaways from Segmental Analysis

  • In terms of materials, automotive exhaust manifold systems made of cast iron will gain a significant market share of approximately 64 percent, through the forecast period of 2018-2026, given the material’s contamination resistance, thermal stability and the strength needed for consistently high levels of performance and durability in several automotive application.
  • However, stainless steel will gain a substantial market share, post 2022, as favorable properties such as corrosion resistance, good strength and aesthetics gain high preference.
  • On the basis of vehicle type, the passenger car segment will exhibit maximum adoption of exhaust manifold systems, holding more than three-fourth of the market value share by 2026.
  • In term of product type, log manifold will dominate the automotive exhaust manifold systems landscape, with approximately 85 percent market share, given the product’s longer life and efficient operations in real time working conditions.
  • With nearly 88 percent market share, inline engines will exhibit maximum installations of exhaust manifold systems, given the engine’s balance compared to V line counterpart because of the equal weight distribution.
  • Sales of automotive exhaust manifold systems, through OEM channel will contribute the maximum revenue, versus aftermarket fitments.
  • APEJ is projected to hold a notable share in the global automotive exhaust manifold systems market, given the increasing investments by car manufacturers in developing markets and an ever-expanding urban landscape in the region.
  • Eastern Europe automotive exhaust manifold systems market is also likely to witness substantial growth, with Germany and France at the fore.

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Overview of Automotive Exhaust Manifold Market Structure

The global Automotive Exhaust Manifold market is a highly consolidated one with major players such as Tenneco Inc., Faurecia SA, Katcon, S.A. De C.V., Bentler Group, Eberspächer Climate Control Systems GmbH & Co. KG, Futaba Industrial Co. Ltd, Sango Group, Friedrich Boysen GmbH & Co. KG., Sejong Industrial Co. Ltd., Westcast Industries Inc. and Yutaka Giken Company Limited accounting for significant share of the global Automotive Exhaust Manifold market.

Automotive Exhaust Manifold Market Segmentation

Sales Channel

  • OEM
  • After Market

By Material

  • Cast Iron
  • Stainless Steel

By Product Type

  • Log Manifold
  • Tubular Manifold

Engine Type

  • Inline
  • V Line

Vehicle Type

  • Passenger Car
  • LCV
  • HCV

Fuel Type

  • Passenger Car
  • LCV
  • HCV

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Key Insights from Competition Tracking

  • Competition in the automotive exhaust manifold systems market is projected to remain significantly high with top companies contributing nearly 60-70 percent to the market. The market for automotive exhaust manifold systems is anticipated to remain consolidated over the forecast period, as per FMI.
  • Demand and supply curve of automotive exhaust manifold systems is estimated to remain on the linear side, through the forecast period.
  • Key companies are diligently concentrating on increasing its production so that they are able to meet the global demand for automotive exhaust manifold systems.
  • Investments in research and development will increase, further driving the production of novel automotive exhaust components. Collaborative developments via a partnership with research institutes and industry players to pave the way for innovative products.
  • Key players are also projected to enter in joint ventures and acquisition for strategic positioning in regional markets, while also increasing their profitability and create growth opportunities.

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Automotive Lead Acid Battery Market : The global automotive lead acid battery sales is projected to increasing, enabling the market’s valuation to reach US$ 36.2 Bn in 2031, according to the latest research by Future Market Insights (FMI). The report estimates the market to expand at a steady CAGR of over 3% through the course of 2021-2031.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Debashish Roy
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North America’s Silo Bags Market to Grow Moderately at 4.8% CAGR during 2022-2026

The need to provide optimal protection for agricultural produce is coming at a great price for North American farmers and agroindustrialists. Serving this purpose, silo bags are likely to lose out in terms of demand, owing to rising prices of raw materials. Future Market Insights’ latest report on North America’s silo bags market indicates that undulating prices of raw materials such as polyethylene films is curbing the production of silo bags.

Contingent upon the monotony of this scenario in the years to come, North America’s silo bags is less likely to soar at a steady momentum, and will probably exhibit revenue growth at 4.8% CAGR.

Nonetheless, the decline in demand for silo bags across North America is not solely orchestrated by volatility of raw material prices. Future Market Insights’ report, titled “Silo Bags Market: Global Industry Analysis and Opportunity Assessment, 2022-2026,” predicts that strict environmental regulations associated with industrial use and large-scale production of plastic films is restraining a cost-effective production of silo bags.

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Silo bags, made from raw materials such as polyethylene or polypropylene films, are another burden on such regulatory authorities as dumping waste silo bags leads to environmental degradation. Key findings of the report indicate that through 2026, more than 90% of North America’s silo bags revenues emanate from sales of polyethylene bags, which further aggravates the environmental regulatory conditions.

The report reveals that in terms of volume, the consumption of silo bags in the US and Canada will exhibit a 4.4% CAGR. In 2016, the market has been estimated to be valued at US$ 31.8 Mn, and is expected to exceed a little over US$ 50 Mn by 2026-end. During this forecast period, the demand for 75-meter silo bags will remain high and bring in more than US$ 25 Mn in revenues towards the end of 2026. Also, over two-third of the market’s value is accounted by sales of silo bags for protection of grains.

The demand for silo bags is also predicted to gain traction for forage applications, revenues from which are expected to soar steadily at 5.1% CAGR. The report further projects that US will dominate with more than 80% share, while Canada’s silo bags market will gain traction by showcasing a value CAGR above 5%.

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Another factor that is expected to inhibit the growth of North America’s silo bags is the aggressive competition for securing higher profits. Leading manufacturers of silo bags in the region are faring the market’s cut-throat competitive landscape by providing a product line with extra features.

The overall profitability behind the sales of basic silo bags gets comprised and distorts the demand influx. The report has profiled key players in North America’s silo bags market, which include Grain Pro, Inc., IPESA – Rio Chico SA, GEM Silage Products, RKW Hyplast NV, Grain Bags Canada, Blue Lake Plastics, LLC., BagMan LLC., Canadian Tarpaulin Manufacturers LTD., Temudjin Flex-Pack BV, and KSI Supply, Inc.

Queries regarding these research findings can be addressed to Future Market Insights’ analysts at press@futuremarketinsights.com

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Edge Banders Market Trends 2022| Segmentation, Outlook, Industry Report to 2032

Future Market Insights upcoming report on global Edge Banders market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Edge Banders market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2022 and beyond.

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Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Edge Banders market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

According to the FMI’s report, the Edge Banders market is projected to record a CAGR of 4% over the forecast period. To receive the detailed insights about the Edge Banders market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

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Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2022.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2022. However, with relaxation in lockdown, the Edge Banders market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Edge Banders market.

Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Edge Banders market in upcoming years?
  2. What are the factors that will influence the Edge Banders market demand?
  3. Which region will be the most lucrative for Edge Banders market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the Edge Banders market?

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Edge Banders Market: Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Edge Banders market report with established market players as well as incumbents in the region.

By Segment :

By Product Type:

  • Single-side
  • Double-side

By Application:

  • Cabinet Making
  • Doors
  • Windows
  • Shelves
  • Tables
  • Consoles
  • Dressers
  • Chairs
  • Stools
  • Others

By Operation:

  • Automatic
  • Manual

By End-use:

  • Commercial
    Residential
  • Industrial
  • Government
  • Others

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • HOMAG
  • SCM Group
  • Vector Systems
  • Michael Weinig
  • Shree Umiya
  • F-Tech Machines
  • HOLZ-HER GmbH
  • Nihar Industries
  • Virutex
  • HOFFMANN
  • JAI Industries
  • Altendorf GmbH
  • CO-MATIC Machinery
  • BI-MATIC
  • Felder Group
  • Nanxing
  • Golden Hill Woodworking Machinery

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Edge Banders market.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Edge Banders market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario.

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Report: https://www.futuremarketinsights.com/reports/edge-banders-market

Asia Pacific Excluding Japan (APEJ) to Reflect High Market Attractiveness Spurring the Adoption of Temperature Controlled Pharmaceutical Containers During 2017-2026

Extensive research report on “Temperature Controlled Pharmaceutical Containers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2026)” by Future Market Insights unveils several vital insights on the global market for temperature controlled pharmaceutical containers.

The research study includes impact analysis of various drivers and trends along with restraints and opportunities that have an influence on the growth of the global temperature controlled pharmaceutical containers market. It also covers intelligence on key players operating in the market that can support upcoming businesses to gain hold in the global market in the coming years. In addition, the reader can gain high level insights with the actionable intelligence provided in this research report that can support the reader in slating and implementing new strategies to gain an edge over the competition in the changing dynamics of the global temperature controlled pharmaceutical containers market.

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The research report covers analysis on the application areas of temperature controlled pharmaceutical containers along with the market scenario of various form types and content types.

The research study offers historical data analysis, along with current market data as well as future market projections for a period of nine years, from 2017 till 2026. As per the analysis done in this research report, the global market for temperature controlled pharmaceutical containers is projected to expand at a exponential CAGR of 10.5% throughout the period of assessment to reach a valuation of more than US$ 7 Bn by the end of the year of forecast (2026).

Key Insights on Global Temperature Controlled Pharmaceutical Containers Market

The global market for temperature controlled pharmaceutical containers is segmented on the basis of control type, form type, application, content type and region.

  • In the region category, Asia Pacific excluding Japan (APEJ) is the most lucrative region for the growth of the temperature controlled pharmaceutical containers market. This region is marked with increasing developments in the pharmaceutical sector that has pushed the sales of temperature controlled pharmaceutical containers in APEJ. The temperature controlled pharmaceutical containers market in APEJ is estimated to touch a valuation of more than US$ 2,400 Mn by the end of the year of assessment, thus dominating the global market in the coming years. Europe region is the second most attractive region contributing to the growth of the global temperature controlled pharmaceutical containers market
  • By control type, both active and passive temperature controlled pharmaceutical containers are expected to witness similar adoption rate in the coming years across the globe, passive type temperature controlled pharmaceutical containers being a shade higher than the active ones. However, active temperature controlled pharmaceutical containers are estimate to lead the global market with a high market valuation by the end of the year of assessment (2026)
  • In the form type category, chest style segment is the largest with high market value as well as expected to grow at a relatively high rate during the forecast period. This segment is the most lucrative and is expected to witness increased adoption for pharmaceutical packaging in the years to follow
  • By application, chilled segment is expected to surpass other segments with a high market share and CAGR. This segment is projected to expand at a value CAGR of 12.4% during the period of forecast
  • With respect to content type, the vaccines /drugs and genetic material largely require temperature controlled pharmaceutical containers. These segments are expected to highly contribute to the revenue sales of temperature controlled pharmaceutical containers during the assessment period. Of these, the genetic material segment is poised to slate the highest CAGR

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-6390

Global Market for Temperature Controlled Pharmaceutical Containers: Competition Dashboard

The research report on global temperature controlled pharmaceutical containers market has included profiles of various key players operating in the market. Their detailed scrutiny with respect to product synopsis, development and innovation along with expansion strategies and SWOT analysis has been covered in this research report. Key players such as Xinapse Systems Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers, Sciencesoft USA Corporation, ACH Foam Technologies LLC, American Aerogel Corporation, Inmark Packaging, va-Q-tec AG, Envirotainer Ltd., Cold Chain Technologies, Cryopak, Sofrigam SA Ltd., Pelican Biothermal and Sonoco Products Company have been included in this research study.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

Industrial Fryers Market 2022: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2032

Future Market Insights upcoming report on global Industrial Fryers market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Industrial Fryers market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2022 and beyond.

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Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Industrial Fryers market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

According to the FMI’s report, the Industrial Fryers market is projected to record a CAGR of 4% over the forecast period. To receive the detailed insights about the Industrial Fryers market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

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Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2022.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2022. However, with relaxation in lockdown, the Industrial Fryers market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Industrial Fryers market.

Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Industrial Fryers market in upcoming years?
  2. What are the factors that will influence the Industrial Fryers market demand?
  3. Which region will be the most lucrative for Industrial Fryers market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the Industrial Fryers market?

Ask us your Any Queries About this Report:

https://www.futuremarketinsights.com/askus/rep-gb-8854

Industrial Fryers Market: Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Industrial Fryers market report with established market players as well as incumbents in the region.

By Segment :

By Product Type:

  • Electric Industrial Fryers
  • Gas Industrial Fryers

By Capacity:

  • Low Capacity (< 100 Kg)
  • Medium Capacity (100 Kg to 500 Kg)
  • High Capacity (500 Kg to 1000 Kg)

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • Hanrow Ltd.
  • FER Inc.
  • RVF Catering
  • JBT Corp.
  • L.Lennard Pvt Ltd
  • GEA EasyFry
  • Techmate Insutries
  • Star Manufacturing
  • Nothum Food Processing Systems
  • Head and Control, Inc.

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Industrial Fryers market.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Industrial Fryers market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario.

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/industrial-fryers-market

Dental Hygiene Devices Market is estimated at USD 4.4 billion in 2022 and it will reach to USD 5.9 billion by 2028

Prominently operated by Colgate-Palmolive Company, Glaxo Smith Kline plc, Johnson & Johnson, P&G, Unilever plc, and Dentsply Sirona, the dental hygiene devices landscape is currently witnessing dominance of toothbrush sales. In recent years, the dramatic growth of the E-commerce sector is translating into elevating online sales of dental hygiene devices, which is posing strong competition facing the retail pharmacy segment.

Toothbrush Records Highest Sale, Online Retail Firms up

A recent market research study by Future Market Insights provides exclusive insights on the current and prospective performance of global dental hygiene devices market, in terms of sales volume as well as revenue.

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“The report categorizes dental hygiene devices landscape into the toothbrush, scalers, polishing devices, and others on the basis of product type. Toothbrush has been the top-selling product in global dental hygiene devices landscape, attributed to widespread availability, extensive selection range, broad price range, and frequent innovation,” explains a senior research analyst at FMI.

Currently, toothbrush sales account for almost 60% of the total market revenue, whereas the report indicates that dental scalers and dental polishing devices are gradually gaining ground. The study projects over 5% year over year revenue growth for the latter two in 2019 and ahead.

Retail pharmacies will remain the largest revenue generating channel of distribution in dental hygiene devices market. Whereas, online pharmacies are slated to present promising investment opportunities to dental hygiene devices manufacturers. The report projects that revenue generated through online retail would cross the US$ 1 billion mark in the next 3-4 years.

Key Dynamics Prompt at Rising Oral Care Concerns

The global dental hygiene devices market is low-value high-volume landscape, which remains the key factor that dampens investment. While baby boomers have been referred to as the primary consumers of dental hygiene devices, a growing percentage of juvenile and millennial people afflicted with one or more oral health problems points to the widening prospects of dental hygiene devices in coming years.

Increasing dental disease prevalence, coupled with the increasingly sophisticating infrastructure of dental care across developing regions, is predominantly responsible for improving the scope of dental hygiene devices penetration. Dental caries, periodontal conditions, and oral cancer mark some of the most significant concerns related to oral healthcare, among the population.

“OTC (over-the-counter) nature of a majority of dental hygiene devices remains one of the key factors positively influencing their widespread availability and sales,” says the FMI analyst.

Adding further to it on the potential market growth barriers, the analyst says, “As dental disorders are often non-life threatening, a notable portion of the patient population tends to initially prefer alternative treatments over dental hygiene devices. Price pressure and poor RoI are identified to be longstanding challenges for manufacturers of dental hygiene devices to initiate large scale investment projects”.

Asian Economies Create an Attractive Investment Pocket

The report sheds light on all the aspects related to worldwide demand for dental hygiene devices and offers insights on the growth prospects projected for global dental hygiene devices market through the next few years. The report forecasts steady yet moderate yearly revenue growth of 4.7% in 2019, and around 1/3rd of the total market value is poised to be accounted for by the Asia Pacific. North America and Western Europe are likely to hold a collective share of more than a third of the global market value.

APAC and Latin America are poised to remain highly lucrative regional markets for manufacturers of dental hygiene devices owing to consistently increasing demand for dental treatments in these regions.

Although the widening patient pool is driving the steady demand for dental hygiene devices, a sizeable population based in developing countries is still undiagnosed and untreated. FMI research points to the presence of several untapped opportunities in a massive untreated population and thereby highlights high attractiveness of emerging regional markets for dental hygiene devices manufacturers.

Besides frequent product innovations, key players in the global dental hygiene devices market maintain their strategic focus on the enhancement of distribution channel by strengthening existing marketing efforts across Asian markets, particularly in India, Singapore, and Malaysia.

Toothpaste Innovations Account for a Trending Wave

The report suggests that strategic collaborations, new product launches, and geographical expansion remain the highlights of developmental strategies adopted by key companies operating in dental hygiene devices landscape. Electric/battery-operated toothbrush innovations continue to shape new launch strategies of a majority of companies, whereas most of the market leaders are focusing on introducing novel toothpaste ranges specific to various oral care demands.

  • GSK recently unveiled a range of Aquafresh Advance specifically for 9-12 years olds’ demographic, targeting enamel protection and cavity prevention. The company’s Consumer Healthcare arm also launched a new Sensodyne Rapid Relief range in the US.
  • P&G also released a new toothpaste range recently, specifically for improved gum health.
  • Dabur India Ltd. launched a modern variant of their flagship toothpaste range i.e. ayurvedic specialist toothpaste in gel format.

For in-depth insights on the other aspects related to the performance of dental hygiene devices market at a global level.

Download the TOC of this Report with figures: https://www.futuremarketinsights.com/reports/dental-hygiene-devices-market/table-of-content

About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:                                                     

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Sport Caps And Closures Market Competitor Analysis, Winning Strategies and Growth Drivers 2030

The global market for sport caps and closures market will expand at 4.4% CAGR through 2030, according to a new study by ESOMAR-certified firm Future Market Insights (FMI). The study opines that demand for advanced, eco-friendly products coupled with the development of innovative designs will drive the market to US$ 1.47 Bn by 2030.

Having studied the impact of the COVID-19 pandemic, the report opines the market is likely to experience fluctuations in its growth trajectory owing to pandemic-related practical difficulties such as production terminations, supply chain disruptions, and a general demand contraction for non-essential goods.

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On a positive note, the long-term growth prospects of the market are expected to remain intact as operations gradually restart in Europe, which is a prominent regional market for sport caps and closures.

According to the study, surging demand for lightweight caps and closures is expected to shape growth strategies of the market players. Owing to benefits such as better size control, short cycle time, and lower operating torque, lightweight caps, and closures are gaining remarkable traction among end-users.

Market players are shifting focus towards customization of their existing products to lower the weight and plastic content.

Key Takeaways
  • Screw closures account for two-third share owing to their proven efficiency to offer effective sealing to the containers.
  • Plastic-based sport caps and closures remain the top-selling variant, despite regulations and blanket ban
  • Sport caps and closures with a diameter ranging between 21 mm and 30 mm are poised to account for more than 50% of market value.
  • North America is projected to remain the most lucrative region through the assessment period, accounting for nearly 1/3rd of market value, backed by the presence of leading players
  • Europe will prevail as the second most lucrative region, holding a quarter of the market value.
  • East Asia and South Asia are foreseen to collectively capture over 1/4th of global value by the end of 2030.

“Market players are focusing on making products eco-friendlier to comply with the environmental regulations in place and are opting for recycled and recyclable plastic raw materials to achieve the same,” remarks FMI analyst.

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COVID-19 Impact on Sport Caps and Closures Market

The COVID-19 pandemic has led to muted demand for non-essential packaging solutions and sport caps and closures are no different.

Sporting events and fitness centers have remained crucial factors driving the demand for sport caps and closures, where they are used to store sports drinks, energy drinks, steel beverages, and water, among other beverages. The cancellation of major sporting events and shut-down of fitness centers to contain the outbreak are expected to create a contraction in demand during the pandemic.

On the supply side, disruptions such as hindered productions, workforce shortages, disturbances in delivery networks are leading to a plummet in production volume, thus adversely impacting the overall growth.

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Who is Winning?

Key players operating in the market are adopting organic growth strategies such as upscaling production capabilities, expanding geographical presence, and enhancing their product portfolios. On these lines:

  • In June 2020, Silgan Holdings Inc. acquired Albea’s Global Dispensing Business to enhance its closures product section.
  • In March 2020, Berry Global invested US$ 30 Mn to expand its production capacity of ultra-high performance sport caps and closures in its North American manufacturing facility.
  • In Aug 2019, Aptar Inc. entered a partnership with Nippon closures to work on innovative tethered beverage closures solutions.

FMI’s report includes profiles of some of the most prominent names in the market including Berry Global Inc., Silgan Holdings Inc., Aptar Group, Inc., BERICAP Holding GmbH, Closure Systems International, Inc., UNITED CAPS, Pro-Pac Packaging Limited, Caps & Closures Pty Ltd., Georg MENSHEN GmbH & Co. KG and Blackhawk Molding Co, Inc.