Washi Tapes Market Overview, Dynamics, Regional Outlook, Key Players

Washi Tapes Market Overview

The term “washi” comes from wa means ‘Japanese’ and shi means ‘paper’. Any tape which is made from paper may come under washi tapes. They are characterised in pretty, decorative paper masking tape.

The term is used to describe paper that uses local fiber, made by hand and in the traditional process.  The Washi Tape Market has witnessed magnifying development over the past few years and is continued to grow tremendously over the forecast period.

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The rise in growth of some industries leading to the demand for infrastructural development and construction sectors with additional business solutions has indirectly profited the washi tapes market.

Washi tapes are pressure-sensitive tapes which are basically utilized while painting in construction-related activities. Washi tapes are available in a range of strengths, widths and it is dependent on the strength of the adhesive property.

Washi Tapes Market: Market Dynamics

Due to the construction trends in spread globally, the building and construction sector shows a substantial demand for washi tapes for painting. Though ordinary household tapes are the same on some level, the integrity of the former displays on the lower track.

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To place construction outline to a drawing board, when removed later will not damage the drawing. Usually, the strength of washi tapes is decided based on the duration they are placed for.

Painting activities typically require washi tapes that are placed for 7 to 14 days. On the other hand, washi tapes that are used for many days but have less adhesive property. They are suitable for smooth surfaces similar to newly painted walls or wallpapers.

Automotive industry growth is also taking the foremost role in the demand for washi tapes. More features of washi tapes are employed during dent repairs, painting and few other activities in automobile manufactures and repairs.

On the contrary, slow economic growth since the last decade, particularly in parts of Latin America has impacted negatively on the washi tapes market.

The most affected recession centre is Latin America especially Argentina and Brazil which has top automotive manufacturers in the region, and hence it is a key end-user of washi tapes.

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Like any other product market, washi tapes market is also impacted badly due to the COVID-19 impact. On the production, supplier chain, sales, at every point market has collapsed up to a certain extent.

Washi Tapes Market: Regional Outlook

Geographically, Asian countries especially Japan has acquired a large share of the market, as washi tapes are originated in Japan. Due to the huge electronic and automobile industry washi tapes has spread all over the Asian countries such as India and China. In the forecasted period, due to the increase in population countries like India and China will have a high market share.

The major demand of washi tape market is driving by global urbanization and industrialization of the developing countries. Latin America is having top automotive manufacturers which creates high opportunities for washi tapes market.

The rapid expansion seen in the construction industry in terms of market growth and share, showing large growth in washi tapes market. European countries are expected to follow the East Asian region in terms of market growth.

Shifting inclination towards sustainable solutions and improvisation in North America is also contributing the washi tapes market growth. On the contrary, in the Middle East and African countries, comparatively no bigger opportunities are expected in the forecasted period.

Washi Tapes Market: Key Players

  • Gundo gami
  • Awa washi
  • Ecchu washi
  • Echizen washi
  • Ise washi
  • Mino washi
  • Sekisy? washi
  • Sugihara gami
  • Tosa washi
  • Yame washi
  • Uchiyama gami

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 an in-depth analysis of parent market trends, macroeconomic 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.

Regional Analysis Includes-

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

Washi Tapes Market Reports Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Washi Tapes Market: Segmentation

raw material:

  • Paper
  • Foam
  • Plastic

adhesive:

  • Rubber-based
  • Acrylic-based
  • Silicon-based

basis of type:

  • Mitsumata
  • Gampi
  • Paper Mulberry

basis of application:

  • Clothing
  • Art
  • Cuisine

basis of channels:

  • Direct consumers
  • Distributor

APAC Solar Micro Inverters Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022

The first commercially successful micro inverter was launched by Enphase in 2008, which played a key role in popularising solar micro inverters globally. Currently, the global market comprises numerous domestic as well as international players supplying quality micro inverters.

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Modularity, safety, and maximum energy harvest will continue to drive the market at a considerable pace through 2020. Till recent years, the demand for micro inverters was highly restricted to North America. However, the market is gradually shifting toward commercial applications, and witnessing expansion in most of the developed as well as developing regions outside the U.S.

Adoption of solar micro inverters has gained momentum in the recent past, resulting in a growing market in developing nations, including Asia Pacific. Improved device features and enhanced efficiency are currently pushing the market in APAC, which is projected to continue in the near future as well, creating a lucrative market for micro inverters on a global level.

APAC Solar Micro Inverters Market: Key Drivers

Declining Prices to Push Demand

The market is currently growing at a considerable pace. Persistent advances in R&D of solar micro inverters and substantial reduction in costs of micro inverters are estimated to boost the market during the forecast period.

Size and Modularity to Impact Maximum Applications

Compact size and high modularity of solar micro inverters make them ideal for residential applications. These two are the key drivers why micro inverters are currently gaining an impetus at a global level.

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Superiority over Conventional Inverters is a Key Driver

Solar micro inverters are superior over conventional centralised or string inverters in various ways.

  • Unlike string inverters, micro inverters are tolerant to shade and do not let the power generation performance of individual solar panels drop, even if the area surrounding them is shady. This character is identified as one of the key factors positively influencing the demand for micro inverters when it comes to their efficiency.
  • Contrary to centralised inverters, solar micro inverters are compact in size and do not need separate air cooling, resulting in lesser heat loss. This is another factor fuelling the demand for micro inverters in the market.
  • Moreover, a broken string or centralised inverter faces halted performance merely due to a defect in one panel, whereas a defective panel in a micro inverter does not degrade the performance of the entire system because the system architecture allows individual panel monitoring. The maximum power is generated through MPPT. This has been an important driver in popularising micro inverters over the years.

Higher Costs Can Create Challenges

However, relatively higher initial costs associated with installation and replacement of micro inverts may continue to create a major roadblock for solar micro inverters from becoming a widely commonplace device across Asia Pacific. Furthermore, installation of micro inverters requires the installation of another extra monitoring device – a communication bus, in addition to the basic common monitoring system. This in turn adds up to the final costs.

APAC Solar Micro Inverters Market Segmentation

FMI’s research offers a six-year forecast, segmenting the APAC market for solar micro inverters based on the type, consumer, and application.

Based on the type, the market is segmented into standalone solar micro inverter market and grid tied solar micro inverter market. On the basis of consumers, the solar micro inverter market in Asia Pacific is segmented as urban and rural. The urban segment dominates the market owing to rising awareness about alternate energy usage and growing population density in urban areas.

According to the application, the solar micro inverters market in APAC is segmented as residential and commercial. As micro inverters are economically lesser affordable compared to other traditional inverters, their residential applications find a lower market share in economically sensitive regions in Asia Pacific. However, the commercial solar micro inverter market application currently dominates the market.

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Market to Explore Untapped Growth Opportunities in APAC

Although the U.S. is a leading market for solar micro inverters, adoption of solar micro inverters is expected to gain traction in Asia Pacific, especially in India, Japan, and Australia. Soaring fuel prices, burgeoning demand for power supply, and favourable government policies are currently driving the market in APAC.

Regional Analysis: APAC Solar Micro Inverters Market

India, owing to the availability of ample renewable energy sources, captures a prominent position in the APAC market for micro inverters. Growing awareness about benefits of micro inverters and widespread adoption of renewable energy sources for agriculture are expected to fuel the demand for solar micro inverters across India. The Union Budget of India for 2014-15 has clearly indicated emphasis on using solar for electricity generation. This is a key factor, anticipated to provide momentum to the market for micro inverters in and post-2016.

Japan, despite representing a key residential market potential, has been facing limited micro inverter shipments. Stringent certification norms are anticipated to govern the Japanese market but domestic suppliers are expected to encounter growing opportunities.

Australia is a relatively emerging market for photovoltaics, which makes it an unestablished market for string and centralised inverters. The Australian market, since the past few years, has been reflecting growing demand for micro inverters and FMI’s research indicates string growth prospects for micro inverter suppliers. Recently, Enphase announced to commercially launch their AC battery first in Australia, later this year. ARENA Australia, through ample of renewable energy funds, will continue to provide an additional thrust to the market.

In addition, there are other expanding market, including Malaysia, Indonesia, and Philippines. Malaysia hosts several off-grid projects, whereas Indonesia is up for a thousand islands project. Philippines is also continually initiating multiple rural electrification projects. Utility companies located in all the three countries are currently prioritising rural electrification.

Key Players in APAC Solar Micro Inverters Market

Key participants in the Asia Pacific market for solar micro inverters, include  Enphase Energy, Solar Bridge Technologies, SolarEdge, Green Ray Solar, and Enecsys.

The research report presents a comprehensive assessment of the solar micro inverter 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 categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes:

  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific

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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Asia Pacific Solar Micro Inverters Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Customized Premixes Market 2022 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2030

According to Future Market Insights (FMI) global tracker, worldwide revenue of customized premix market will rise 6.37% year over year to US$ 8.8 Bn in 2020. Market players must capitalize on consumers’ ever-increasing focus on health to support healthy lifestyle for employees and shoppers.

While economic uncertainties due to COVID-19 pandemic is reflected in almost every industrial sector, globally, sales of customized premixes will skyrocket, as the pandemic has highlighted the need for healthy living.

Moreover, e-commerce has witnessed a surge as consumers are turning to online channels for grocery shopping – a rise that will be sustained post-COVID-19 pandemic.

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COVID-19 Impact on Customized Premix Market

Consumption of customized premixes will rise as consumers across the globe are viewing products and brands through a new lens amid the COVID-19 pandemic. Mega consumer trends such as ‘Healthy lifestyle’ are receiving huge spur as purchase decisions are increasingly hovering around nutritional profile of products and services.

Consumers of all age groups, worldwide, are embracing healthier dietary regimens and putting more emphasis on ingredients, seeking functional ingredients and plant-sourced alternatives. The COVID-19 crisis is redefining customized premix market in real time, triggering long-term fundamental trends within few weeks.

Recent research by Accenture of over 3,000 consumers in 15 countries across five continents has revealed that 64% of individuals are increasingly emphasizing on reducing food wastage, while about 50% are making more health-centric decisions during grocery purchasing and will continue to follow the same going forward.

FMI indicates that these evolving trends will endure post COVID-19 lesson and will remain key long-term priorities among manufacturers as well as consumers.

Customized Premix Market – Competitive Intelligence

The global customized premix market is highly fragmented, characterized by several large-scale as well as medium- and small-scale players. Given rising competition, players are investing in production developments and innovations in order to improve their market position. For instance,

  • Archer Daniels Midland (ADM) Company has rolled out new assembly of flours, which all-purpose flours, organic flours, and organic premium bread flours, with additional organic milled products.
  • Karl Fazer has introduced two different bakery products – Fazer Kinuskimarenkileivos and Fazer Suklaamarenkileivos – in an effort to expand its product portfolio to meet requirements in bakery industry.

Key Segment

Ingredient Type

  • Vitamin Premix
  • Mineral Premix
  • Nucleotides Premix
  • Amino Acids Premix
  • Enzymes
  • Coccidiostats
  • Probiotics
  • Prebiotics
  • Multigrain Premix
  • Omega 3 Fatty Acids
  • Excipients
  • Gums
  • Botanicals
  • Sweeteners
  • Flavours
  • Proteins
  • Color

Form

  • Powder
  • Liquid

Function

  • Bone Health
  • Immunity
  • Digestion
  • Energy
  • Heart Health
  • Weight Management
  • Vision Health
  • Brain Health & Memory
  • Resistance
  • Others

Application

  • Food Sector
    • Early Life Nutrition/ Baby Food
    • Medical Nutrition
    • Sports Nutrition
    • Energy Drinks
    • Milk and Milk products
    • Bakery and Confectionery Products
    • Cereals & Snacks
    • Oils and fats
    • Staple foods (Flour, Salt and Rice)
  • Dietary Supplements
  • Pharma OTC Drugs
  • Pet Food

Product Type

  • Premix blends/ Direct-to-consumer Solutions
  • Drum-to-hopper Formulations

Regional Outlook

  • North America (US, and Canada)
  • Latin America (Brazil, and Mexico)
  • Europe (Germany, UK, Russia, France, and Italy)
  • South Asia (India, Indonesia, and Thailand)
  • East Asia (China, Japan, and South Korea)
  • Oceania (Australia and New Zealand)
  • Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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Key Questions Answered in the Report

How the market for customized premix is expected to shape up in coming ten years?

The global customized premix market size will value around US$ 17.9 Bn in 2030. Market revenue pool will expand 6.37% year over year in 2020.

Which is the largest market for customized premixes?

North America and Europe represent the largest markets for customized premixes, globally, given heightening health concerns as well as strict regulatory norms regarding food fortification.

How the competition is structured in global customized premix market?

The global customized premix market is highly fragmented with presence of various leading and emerging players including, Archer Daniel Midland Company, AQC Chem Lab (P) Ltd, and Barentz International B.V..

Which product type will remain high in demand in global customized premix market?

Among various product types, demand for premix blends will remain high over decade ahead in global customized premix market. However, market players are also tapping into direct-to-consumer solutions to ensure relevant returns.

Which application will remain highly profitable for players in global customized premix market?

Market players are reaping substantial revenue from food sector. Under the application category, usage of customized premixes will remain prominent in bakery and confectionery products and cereals & snacks.

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.

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Tear Tape Dispenser Market : Global Industry Analysis 2015 – 2019 and Opportunity Assessment 2020 – 2030

Tear Tape Dispenser Market Overview

Tear tape dispenser is the smart and innovative way of packaging solution for the ease in opening of product. In tear tape dispenser, the machine holds the packaging film and helps in the cutting and feeding the tear tape.

There are two type of tear tape dispenser automatic and semi-automatic depending on their type of operations. In semi-automatic machine the operator holds the object and pack while the machine releases tape, but in automatic dispenser the whole process is automatic.

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Tear tape applicator are uses in the pharmaceuticals, tobacco, food and beverage industry.

Tear tape dispenser is the cost effective packing solution which increase the shelf life of the product, with the rapid growth in processed food industry and pharmaceutical industry, the market for the tear tape dispenser is also growing during the forecasted period.

Tear Tape Dispenser Market: Dynamics

Previously scissors or knives are used to unpack the product but with the innovative solution of tear tape, it provide the ease of unpacking this eliminates the use of external tools and this acts as a driver for the tear tape dispensers market.

With the increase in growth of food and beverage industry, pharmaceutical industry and tobacco products such as cigarettes & cigar packets has fueled the growth of the tear tape dispenser market.

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However there are few factors that restrains the growth of the tear tape dispenser market is the initial set up cost and the regulations implemented by the government for the use of plastic.

Nowadays, manufacturers of the tear tape are working on hologram tape for brand promotion and using steel & aluminum material due to increase in regulations on plastic usage.

COVID-19 has affected the transportation of goods in the past quarter during the nation-wide lockdown. Less production, minimal resources availability and restricted transportation have added many challenges for the market growth across all nations.

Post lockdown the industries are back in operations this shows the steady growth to the tear tape dispenser market.

Tear Tape Dispenser Market: Regional Outlook

The tear tape dispenser market has been analyzed based on sales growth and value across different Regions that include Asia Pacific, Latin, and North America, Oceania, Europe, and the Middle East and Africa.

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In the region of Asia Pacific the market for the tear tape dispenser shows the rapid growth due to increase in pharmaceuticals, food and beverage industry with the increase in use of tear tape packaging solution. On the basis of consumption United States, India and China has the highest market shares.

The market of tear tape dispenser is already matured in the region of North America and Europe. Further Middle East & Africa and Latin America are expected with the steady growth in tear tape dispenser machines.

Tear Tape Dispenser Market: Key Players

The key players of tear tape dispenser market are

  • Fidia Macchine Grafiche S.r.l
  • ENPRO GMBH
  • Acimga
  • Hitech Asia Co., Ltd.
  • Newtown Packaging Ltd
  • MGL INTERNATIONAL, INC

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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.

Regional Analysis Includes

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

Reports Highlights:

  • A detailed overview of parent market
  • Changing tear tape dispenser market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments in the cement packaging market
  • Competitive landscape
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for players to sustain and enhance their market footprint

Tear Tape Dispenser Market: Segmentation

Globally, the tear tape dispenser market is segmented by types of machine, types of tear tape and end uses

machine:

  • Automatic Machine
  • Semi-automatic Machine

Types of tear tape:

  • Metal
  • Aluminum
  • Steel
  • Plastic
  • Polypropylene
  • Polyethylene terephthalate
  • Low-density polyethylene

Yogurt Packaging Market 2022 Size, Growth Analysis Report, Forecast to 2030

Yogurt Packaging Market- An Overview

Yogurt is a dairy product that is prepared by bacterial fermentation of milk. In recent times, it has been a popular dairy product for an average milk-consuming person. Consumption of yogurt has witnessed growth in most of the developed and developing countries due to its antioxidant properties and protection against osteoporosis to relieving irritable bowel disease and aiding digestion.

Yogurt is packed in sealable and barrier film enabled containers, pouches, and cups that keep it safe from light, dust and moisture and extend its shelf life. Yogurt packaging is also lightweight and extremely handy, since yogurt is highly perishable and is purchased by a normal consumer in low quantities.

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Yogurt Packaging Market- Dynamics

All the leading packaging companies of dairy products worldwide are trying to own a stake in the yogurt packaging market. Yogurt is mostly packed in PE-HD bottles sealed with heat-sealed closures, aluminum containers, molded cups and pouches. In addition, bottles made of other materials, like plastic (PET) are in made by some manufacturers.

For a longer shelf life, heat-treated drinking-yogurt products packaging materials are made from plastic, aluminium foil and paperboard with good heat bearing capacities and light-barrier properties. Flexible yogurt packaging is aseptic and sterilized to avoid contamination of yogurt through packed material.

With the rise of e-commerce and presence of retailers online, yogurt is supplied to the customer within an hour to a day, which is a boost to the yogurt packaging industry. Manufacturers are constantly finding new ways to develop yogurt packaging that could preserve it and extend its shelf life without refrigerating or cooling it.

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The global packaging market is pushing itself towards a plastic-free society, although the plastic packaging market is flourishing in FMCG sector but regulations posed by many countries are forcing packagers to change their material towards a more eco- friendly substance like paper or molded fibre.

Yogurt packaging plastic is a recyclable plastic and is popular in demand by customers and manufacturers. Vegan yogurt is a recent trend in the yogurt market, which utilizes almond, coconut or soymilk and packing it is a challenge for the manufacturers, who are coming up with new designs and shapes for vegan yogurt packaging.

Yogurt Packaging Market- Regional Outlook

Asia Pacific and Middle East already consume high milk products and are mature markets for yogurt packaging but they have potential to rise with upcoming vegan yogurt packaging market. North America and Europe are lucrative markets and provide high technology for packaging, which is a positive driver for expansion of yogurt packaging in these regions.

Africa and neighbouring regions remain underperforming markets for yogurt packaging but are believed to gain traction and increase sales for yogurt and hence positively affecting yogurt packaging.

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Yogurt Packaging Market- Key Players

Key players in the yogurt packaging market are –

  • Chobani Global Holdings, LLC
  • Bakoma Sp. Z O.O.
  • Danone SA
  • Dana Dairy Group
  • Morinaga Nutritional Foods, Inc.
  • Valio Ltd.
  • Yofix Probiotics Ltd.
  • Adelphi Group of Companies
  • Tetra Laval International
  • BW Packaging Systems
  • Lindquist Machine Corporation
  • Sealed Air Corporation
  • Orion Packaging System and many more.

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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on yogurt packaging market segments and geographies.

Regional Analysis Includes-

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

Yogurt Packaging Market- Segmentation

Yogurt packaging market segmentation on the basis of type of packaging:

  • Cups
  • Molding Cups
  • Pouches
  • Squeeze Pouches
  • Stand Up Pouches
  • Containers
  • Tetra Paks
  • Aluminum Containers
  • PET Jars and Bottles
  • Others
  • Opaque /non-opaque Plastics Bags
  • Bag in a box

Yogurt packaging market segmentation on the basis of type of yogurt:

  • Dairy
  • Vegan

Yogurt packaging market segmentation on the basis of sales medium:

  • B2B/Direct
  • B2C/Indirect
  • Hypermarket/Supermarket
  • Convenience Stores
  • Discount Stores
  • Specialty Stores
  • E-commerce, Online Retailers
  • Traditional Groceries

Deodorization Systems Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2030

The global deodorization systems market size is expected to reach US$ 5.2 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2020 and 2030. According to the report, the market is anticipated to grow in the forecast period owing to improvements in the quality of deodorization system coupled with the increasing demand of the deodorizers from oil industries. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Some of the players operating in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on taking development and marketing strategy to boost this market’s growth.

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During the forecast period, the chemical refining segment is expected to hold the largest share in the deodorization systems market as it is a fairly efficient method of reducing the fatty acid content in crude oil with higher boiling point. This process is used to treat high free fatty acid content in the oil. Chemical refining is performed to extract the fatty acids from the crude oil that are then neutralized using caustic soda. It results in batch settling or centrifugal separators separating the sodium soaps. Then, the neutral oils are bleached and deodorised.

It includes in-depth insights into the deodorization systems market. Some of these are:

  • The estimated value of the market was at US$ 3.7 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Asia Pacific accounts for the largest share in the global deodorization systems market due to the high industrial growth potential and industry favorable policies.
  • The growth in manufacturing sector and upcoming demand for hybridization of algal oils with regular oils is likely to showcase growth opportunities for the deodorization system market during the forecast period.
  • In the near future, the continuous segment will account for maximum share in the global demand for deodorization systems.
  • Rising equipment exports and increased demand for edible oil are some of the main factors that will increase the growth of this market in the near future.

Variation in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

As the coronavirus outbreak continues to develop, now is the time for food and beverage companies to consider response actions to help mitigate their risk and prepare for how they will deal with the fallout from the coronavirus. An effective plan should include establishing an interdisciplinary crisis response team to identify, assess and manage the risk presented. The team should include personnel from purchasing, operations, quality, regulatory, finance and legal. Coronavirus outbreak had a considerable impact on consumption pattern of buyers. This will invariably impact growth forecasts for the market.

Who is Winning?

Some of the players functioning in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on implementing creation and marketing strategy to stimulate this market’s growth.

Besides that, mergers and acquisitions continue to be a common strategy among market players. With strategic partnerships, corporations plan to extend their regional footprint.

DEODORIZATION SYSTEMS MARKET TAXONOMY

The global Deodorization Systems market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Component

  • Pumps
  • Towers
  • Coolers
  • Oil & Management Systems
  • Tanks

Technology

  • Thin Film
  • Packed Column

Refining Method

  • Physical Refining
  • Chemical Refining

Edible Oil

  • Soybean Oil
  • Olive Oil
  • Peanut Oil
  • Canola Oil
  • Sunflower Oil
  • Palm Kernel Oil
  • Cottonseed Oil
  • Coconut Oil
  • Palm Oil

Operation

  • Batch Deodorization Systems
  • Semi- Continuous System
  • Continuous Deodorization Systems

Region

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

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KEY RESEARCH FINDINGS

  • Deodorization systems help in refining edible oils and fats. It’s a multi-step process which includes oil desecration, heating and cooling, deodorization-de acidification, and vapour scrubbing systems
  • Coconut oil, palm oil, olive oil, mustard seed oil, peanut oil, soybean oil, and sunflower are some of the oil which can be refined by deodorization process
  • Key factors contributing to the growth of the global deodorization systems market are growing environmental issues, rising industrialization, increasing market awareness and the inclination of producers towards cost-effectiveness
  • The chemical processing industry is expected to account for the leading share in the global deodorisation systems market
  • Among edible oil types, palm oil accounted for higher share the global deodorization systems market.
  • The Asia Pacific market is expected to rise at the highest CAGR due to the remarkable expansion of the food and beverage and industry in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia.

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.

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Blockchain in Agriculture Market 2022 Size, Technological Innovations & Growth Forecast To 2029

The global blockchain in agriculture market size is expected to reach US$ 2068.5 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 41.00% CAGR between 2019 and 2029. According to the report, increasing cases of food contamination and food scams in the agricultural sector giving rise to growth of transparent supply chain methods; this factor is expected to act as a driver for the market growth.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Blockchain technology is revolutionizing the food and agriculture sectors by enhancing the decision-making capabilities of organizations. According to the FAO, about one-third of the food produced worldwide is wasted each year, which calls for a need to estimate and control the real supply and demand of food items so that they reach the poor. These problems can be tackled easily and efficiently using the blockchain network.

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It includes in-depth insights into the blockchain in agriculture market. Some of these are:

  • The estimated value of the market was at US$ 66.6 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Asia Pacific is a leading producer of farm products and foodstuffs. Which means the risk of food contamination and fraud in the supply chain in this area is higher.
  • The majority of Asia-Pacific countries export their food products to other nations. For example, most Asian countries export fruits and vegetables to European countries, as the highest food traceability requirements in this area are being witnessed.
  • During the forecast era, the application and solution provider segment is expected to rise to the highest CAGR.
  • The hacking and piracy of information available on blockchain networks is likely to curb business growth.
  • In terms of provider, the middleware provider segment is forecast to remain dominant through the course of the report’s forecast period.

Production and Distribution Impacted Due to COVID-19 Outbreak

A preliminary picture of the aftermath emerges with the global pandemic of COVID-19 causing an ongoing crisis, of late. Stay-at-home orders and full lockdowns that initially resulted in a sudden increase in the blockchain consumer footprints on the agricultural sector, culminating in many logistical challenges and then a normal sales drop. Market scenes of growth, distribution, sales, and import-export are thus largely hampered. The novel coronavirus epidemic has undoubtedly led to a slump in sales, not because of the scanty stock but because of the disconcerted production and distribution chains.

Who is Winning?

The key players in the global blockchain in agriculture market include BM (US), Microsoft (US), SAP-SE (Germany), Ambrosus (Switzerland), Arc-net (Ireland), OriginTrail (Slovenia), Ripe.io (US), VeChain (China), Provenance (UK), ChainVine (UK), AgriDigital (Australia), and BlockGrain (Australia).

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

BLOCKCHAIN IN AGRICULTURE MARKET TAXONOMY

The global Blockchain in Agriculture market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Provider

  • Application and solution provider
  • Middleware provider
  • Infrastructure and protocol provider

Application

  • Product traceability,  tracking, and  visibility
  • Payment and settlement
  • Smart contracts
  • Governance, risk and compliance management

Organization size

  • Large enterprises
  • Small and medium-sized (SMEs) enterprises

Region

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

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BLOCKCHAIN IN AGRICULTURE MARKET – KEY RESEARCH FINDINGS

  • The blockchain in agriculture market will surge at a remakable CAGR of 41.0% between 2019 and 2029.
  • The large enterprises segment dominated the blockchain in agriculture market.
  • The product traceability, tracking, and visibility segment held the largest share, and it is expected to remain dominant through the forecast period owing to factors such as an increase in investments for food safety and transparency along the supply chain and consumer demands for the knowledge of the provenance of food products.
  • North America accounts for the largest share of the global blockchain in the agricultural market owing to the presence of major companies such as IBM and Microsoft in the U.S.
  • Increasing investment from various stakeholders and government to support exploration and adoption of new technologies is expected to drive the blockchain in India’s agricultural market.

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 Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Cement Sacks Market 2022 Growth, COVID Impact, Trends Analysis Report 2022

Global Cement Sacks Market – An Overview

Cement sacks are made of paper, plastics, and jute. Cement sacks have high strength and load-bearing capacity and are therefore used in the building & construction industry where there is a need for heavy duty packaging solutions. The packaging industry is focusing on end-user convenience.

To optimize efficiency and cost, higher preference is given to lightweight packaging solutions that deliver high performance at a lower cost. Cement sacks are custom designed to meet the requirements of shippers and provide high-quality protection that meets easy handling, shipping, service, and storage requirements.

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Cement sacks are easy to manufacture and offer a number of added benefits that go a long way in making them one of the ideal preferences in the market.

Furthermore, cement sacks are highly customizable and can be manufactured as per customer requirements. Cement sacks made from plastic provides excellent water barrier. Paper sacks are manufactured using several layers of paper and can be layered with plastic films for providing a barrier against gas and moisture.

Also, what adds to the confidence of end-users is their ability of cement sacks to resist damage due to external agents like acids, organic solvents, and chemicals, which include degreasing agents. The tremendous increase in cement production will also increase the demand for packaging solutions such as plastic and paper cement sacks.

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Global Cement Sacks Market – Dynamics

The demand for cement has increased to a significant level in the emerging economies due to high growth in urbanization and industrial sectors. Cement sacks offer optimum strength and good material handling during transportation and shipping.

However, plastic cement sacks still dominate the cement packaging market in some countries but are expected to lose significance owing to the introduction of high-quality industrial paper cement sacks. It is noticed that despite being high in demand, there are very few manufacturers for cement sacks present in India and ASEAN countries.

This will create enormous growth opportunities for the new entrants in the cement sacks market. Manufacturers of cement sacks are ramping up their production lines to produce cement sacks designed to be compatible with sack filler machines.

Global Cement Sacks Market – Regional Overview

Canada is expected to witness the highest CAGR for the North America cement sacks market during the forecast period. Furthermore, in the Asia Pacific region, India and China are anticipated to witness substantial growth during the forecast period.

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Owing to the upsurge construction sector in these 2 emerging economies. However, the cement sacks market in Middle East & Africa is estimated to witness lethargic growth during the forecast period.

Global Cement Sacks Market – Key Players

A few of the key players in the cement sacks market are Mondi Group Plc, Klabin S.A., BillerudKorsnäs AB, Smurfit Kappa Group Plc, Conitex Sonoco USA Inc., Segezha Group, LC Packaging International BV, Rengo Co., Ltd., Gascogne SA, Industrial Development Company Sal (Indevco), etc.

The report on cement sacks market 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. Cement sacks market also maps the qualitative impact of various market factors on market segments and geographies.

The global cement sacks market is divided into seven major regions, which are as follows –

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

Global Cement Sacks Market – Segmentation

The global cement sacks market is segmented by material type, product type, and capacity. The pricing for cement sacks 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 cement sacks market is segmented into –

  • Plastic
  • High Density Polyethylene (HDPE)
  • Low Density Polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Polyvinyl Chloride (PVC)
  • Other Plastic
  • Paper
  • Bleached Paper
  • Unbleached Paper
  • Jute

On the basis of product type, the global cement sacks market is segmented into –

  • Sewn Open Mouth
  • Pinched Bottom Open Mouth
  • Valve Sacks
  • Open Mouth Sacks

On the basis of capacity, the global cement sacks market is segmented into –

  • Less than 10 kg
  • 11 kg – 30 kg
  • 31 kg – 40 kg
  • Above 40 kg

Bioprocess Containers & Fluid Transfer Solutions Market is set to witness a 14.7% growth during the year 2022-2031

According to the latest research by Future Market Insights, the bioprocess containers & fluid transfer solutions market is set to witness a 14.7% growth during the year 2021-2031.

The market has been growing at a rapid rate and is expected to witness lucrative growth. The drivers behind this market include increasing demand for biologics, Vaccine production.

Biologics are being used for the treatment of diseases like diabetes, cancer and other chronic diseases.

Continuous development and investment by biopharmaceutical companies for the introduction of advanced products are anticipated to drive the market’s growth in the forecast period. Production of the vaccine without any contamination is very crucial and single-use bioreactors reduce the risk of cross-contamination. This acts as a driver for the market.

What is the Driving Demand for the Bioprocess Containers & Fluid Transfer Solutions Market

There are various factors that help drive the bioprocess containers & fluid transfer solutions market.

Over the years the research and development sector has seen tremendous growth and is expected to grow during 2021-31.

With this, the demand for single-use bioprocess containers for storage and transport of sterile media has also increased.

This automatically increases the demand for bioprocess containers & fluid transfer solutions in the market.

The increase in the demand for single-use containers for bioproduction and transportation in a sterile environment also acts as a driver for the market.

The launch of advanced products and rising investment for experimentation by market players are anticipated to boost the demand for these products, especially in emerging countries. This is leading to market growth.

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US and Canada Bioprocess Containers & Fluid Transfer Solutions Market Outlook

North America, majorly the United States and Canada dominated the bioprocess containers & fluid transfer solutions market.

U.S. bioprocess containers & fluid transfer solutions market will forecast significant growth due to rising demand for vaccine production and the presence of various major companies in the country.

Also, an increase in the prevalence of people suffering from various diseases is anticipated to have a positive impact on the market growth.

In addition, the rise in initiatives undertaken by governments and authorities to develop healthcare systems and spread awareness regarding the advantages of vaccines and different biologics are furthermore projected to drive the growth of the market.

Europe Demand Outlook for Bioprocess Containers & Fluid Transfer Solutions Market Outlook

Europe is the second-biggest market for bioprocess containers and is anticipated to register significant growth.

This is due to presence of major manufactures in countries like Germany and U.K. also the investments made by the government for R &D is seeing a rise over the years and hence the rise in the adoption of innovative products in such countries.

The rising prevalence of COVID is anticipated to drive market growth over the forecast period.

For example, as per the report by European Commission, the European Union is expected to reach an annual production capacity of more than 3 billion doses by the end of 2021.  These factors add to the market growth over the forecast period.

Who are the Key Manufacturers and Suppliers of the Bioprocess Containers & Fluid Transfer Solutions Market

Some of the leading manufacturers and suppliers of bioprocess containers & fluid transfer solutions include

The bioprocess containers & fluid transfer solutions market has many large-scale players available in worldwide markets, and various small-scale participants in specific regional markets.

Furthermore, a strong focus on the strategic growth of their product portfolio through partnerships & acquisitions is anticipated to provide a strong foothold to the players in the market.

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 an 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.

BioProcess Containers & Fluid Transfer Solutions Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company

Key Segments

By Product:

  • 2D Labtainer BPC
  • 3D Productainer BPC
  • Tank Liner BPC

By Application:

  • Bioproduction
  • Upstream process
  • Downstream process
  • Process Development

By End-User:

  • Biopharmaceutical companies
  • Life sciences companies
  • Research and development  companies

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By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Cryo Box Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2030, Report

Cryo Box Market Overview

Cryo Box Market: An Overview

Cryopreservation is a technique where biological constructs such as organelles, cells and tissues are preserved by cooling at low temperature. Advancements in biotechnology and medical science is likely to impact the demand for cryo box. Cryo boxes are designed to store and preserve the samples of biological material such as human and animal cells which need to be stored at extremely low temperature.

Biological goods need to be transported and shipped cross borders which requires additional care and precautions. There is high risk of contamination and damage to these samples which can reflect in the outcome of the research leading to wrong conclusions which is an unaffordable risk for the healthcare and biotechnological institutions.

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Therefore, cryo box is an ideal solution for handling and preservation of these biological materials which might impact the growth of the cryo box market positively.

Cryo Box Market: Dynamics

The growth for cryo box is led by advancements in biology and medical science. Non availability of substitutes for convenient handling and extreme temperature is likely to grow the demand for the cryo boxes. Pharmaceutical research and biotechnological advancement projects such as stem cell research and human genome project are likely to increase the demand for cryo box.

Cryo box is appropriate for liquid nitrogen and mechanical freezers. Moreover, the sample can be managed well due to the presence of grids which are removable in the cryo box which can be numbered easily. This factor might lead to growth in the demand for cryo box and would impact the market for cryo box positively.

Cryo boxes can be customized as per the need of the biological study and research. Cryo boxes come with vent and drain holes which provide proper thermal setting for the cryopreservation. Cryo boxes are stackable and can be easily stored and transported.

Demand in focus towards developments in the healthcare industry and integration of research and technology aiming at providing better healthcare services across the globe is anticipated to boost the demand for cryo boxes.

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The regions which have high number of biotech firms are in regions such as North America, Europe and Asia. The demand by these regions primarily in the countries such as Unites States, Spain, Korea, Germany, United Kingdom, Japan, Mexico and Belgium are estimated to have high growth for cryo boxes which is likely to boost the demand for cryo box market in the years to come.

Cryo Box Market: Regional Outlook

North America owing to its biological and pharmaceutical advancements is expected to increase the market demand for the cryo box market. Following United States from North America, Japan and China have the largest pharmaceutical and biotechnological market.

Continuous focus of government to enhance healthcare facilities, since health care plays a predominant role in the development of the society. Furthermore, demand from emerging counties such as India and China for healthcare services is likely to hike the demand for cryo box and is going to impact the cryo box market positively in the forecasted years.

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Cryo Box Market : Key Players

Key players in the cryo box market are as follows,

  • Cryostore
  • Heathrow Scientific
  • Tenak
  • Biologix Group Limited
  • Biocision
  • Deluxe Scientific Surgico Pvt Ltd
  • Bioline Technologies
  • Argos Technologies
  • Capp
  • Wildcat Wholesale LLC
  • Thermo Fisher Scientific
  • Accupet
  • Brandtech
  • Corning.
  • Drummond
  • Eppendorf

Cryo Box Market : Segmentation

Cryo Box Market can be segmented on the basis of End Use Industry, material type and microtube holding capacity.

By End Use Industry, Cryo Box Market can be segmented as

  • Chemicals Industry
  • Healthcare Industry
  • Personal Care Industry

By Material type, Cryo Box Market can be segmented as

  • Polypropylene plastic
  • Polycarbonate
  • Laminated cardboard
  • Moisture repellent fiberboard

By Microtube holding capacity, Cryo Box Market can be segmented as

  • Less than 0.5 ml
  • 0.6 to 1 ml
  • 1.1 to 1.7 ml
  • 1.8 to 2 ml
  • More than 2.1 ml