Soft Magnetic Composites Market reaching a value of US$ 80 Bn in 2029- FMI

Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2022-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, is optimally efficient, and capable of use in extreme frequencies and temperatures.

High demand is witnessed from the automotive industry for electronic components such as motors, inductors, and other electronic machines that enhance reliability and efficiency. Moreover, the industry demands space reductions of components such as inductors that capture a lot of space. As a result, efforts to attain balance between working efficiency and smaller dimensions, have propelled the use of soft magnetic materials such as soft magnetic composites.

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Key Takeaways

  • Demand for electrical steel segment is expected to grow at a healthier rate. Its market share is anticipated to increase owing to application in different end-use industries, along with cost-effective nature of the material.
  • 5P type, though most expensive, is prominently used in the power generation industry. As the demand for this segment is increasing, SMC manufacturers are under high pressure to reduce its price.
  • The Asia Pacific region holds a prominent share of soft magnetic composites market owing to the constantly increasing presence of strong electronic and automotive sector in countries such as China, India, ASEAN Countries, and Japan.
  • East Asia is projected to be a hub for electronic industry, countries such as China, are anticipated to be at the epicenter of opportunities in the electronic industry.
  • Soft magnetic composites are increasingly gaining traction within the 3D-printing technology space.

SMC are advantageous as they offer the possibility of developing three dimensional shapes with complex geometry in extreme conditions, along with being cost effective and energy efficient. Moreover, acceptance of new technologies in automotive and consumer (electronics) goods industry such as 3D printing has paved a path of new opportunities for soft magnetic composites market.

Market Landscape Moving towards Consolidation

The soft magnetic composites market is highly consolidated owing to the prominence of handful of players with extensive R&D capabilities. Key manufacturers in the tier I such as GKN Powder Metallurgy (Melrose PLC) and Hitachi Metals Ltd. are pushing towards consolidation by opting for growth strategies such as acquisitions, joint ventures, and others.

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Soft Magnetic Composites Market Taxonomy

Material

  • Electrical Steel
  • Soft Ferrite
  • Iron Powder

End Use

  • Automotive
  • Industrial Machinery & Equipment
  • Consumer Goods
  • Power Generation
  • Others

Region

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

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Know More About Report Inclusions

Future Market Insights has published a market research report on the soft magnetic composites market that contains global industry analysis for 2014–2021 and opportunity assessment for 2022–2029. The report provides insightful analysis of the Soft magnetic composites market through three different segments, namely material, type, application, end-use industry, and region. The soft magnetic composites market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world along with a detailed overview of the parent market.

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Synthetic Quartz Market is anticipated to witness a considerable CAGR of 6.1% during the period of 2022 and 2029

The global market value of synthetic quartz is nearly US$ 149.4 Mn, and the electronics industry accounts for more than 3/4th of total sales. As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set for notable growth during 2022 – 2029.

The electronics industry solely relies on components such as semiconductors, optical fibers, and solar cells. These electronic components utilize synthetic quartz crystal due to its important intrinsic properties. Technological developments are driving the need for high-performance electronic equipment, and have subsequently propelled the sales of synthetic quartz.

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Key Takeaways – Synthetic Quartz Market Report

  • Synthetic quartz crystal is expected to grow at a higher rate, increasing its market share on account of growing use in end-use industries during the forecast period.
  • The semiconductor industry places the most stringent requirements on quartz purity, creating positive impact on demand for synthetic quartz.
  • East Asia holds a prominent share of the synthetic quartz market due to presence of strong electronics and automotive sectors in countries such as China, South Korea, and Japan. China is one of a major producers and exporters of electronics. Moreover, it has good production to sales ratio (appx. 98%) for electronics. South Korea has a significant share in the global automotive sector.
  • Synthetic quartz and competitive products are gaining more attention from EUV lithography market players.
  • Developing countries have witnessed growth in per capita income, especially in rural areas. Ease of buying electronic appliances has driven the growth of synthetic quartz components in developing countries.

Rising adoption of new technologies in electronics & communication and rapid evolution of automotive industry is expected to fuel the growth of global synthetic quartz market.

Market Landscape Moving towards Consolidation

The synthetic quartz market is highly technology-driven and is dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global synthetic quartz market, Kyocera, Murata Manufacturing, Hereaus (Shin-Etsu), Asahi Glass Company, and others are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

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Synthetic Quartz Market Taxonomy

By Product

  • Synthetic Quartz Crystal
  • Synthetic Quartz Glass

By End-Use

  • Electrical & Electronics
  • Automotive
  • Medical
  • Military
  • Construction
  • Others

By Region

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

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Interested in Learning More About Report Inclusions?

Future Market Insights has published a market research report on the synthetic quartz market that contains global industry analysis for 2014–2021 and opportunity assessment for 2022–2029. The report provides insightful analysis of the synthetic quartz market through three different segments- product type, end-use industry, and region. The synthetic quartz market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

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Vapour Barrier Market will exhibit a CAGR of around 4% during the forecast period of 2019-2029

Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4% during the forecast period of 2019-2029.

Water condensation can damage the sturdiest of constructions, which is why vapour barriers hold significant importance, as they offer complete insulation from vapour and moisture to building structures. Use of vapour barriers also allows for optimum efficiency of a space conditioning system, thereby fueling their demand across the construction industry.

Heavy usage of vapour barriers in commercial and residential buildings to prevent moisture damage to infrastructure is anticipated to be the primary growth driver. However, increasing utilization of vapour barriers in the packaging industry to prevent moisture damage and interstitial condensation in packed goods opens new growth avenues for industry players.

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Key Takeaways – Vapour Barrier Market Study

  • Over the period of projection, building infrastructure, whether private/public or commercial/residential, will be based on green building concepts to strike a fine balance of environmental sustainability and modern amenities. As a result, the demand for vapour barriers is projected to significantly spur over the forecast period.
  • Polymer materials segment to retain its spot as a prominently preferred material followed by asphalt & bitumen, whereas drywall board lumber and gypsum board projected to observe growth at a swift pace in the market.
  • Membrane type vapour barriers are expected to register a dominating share due to their easy installation. However, the popularity of the coating segment is increasing across the globe in recent years due to its enhanced moisture resistance.
  • To meet stringent manufacturing rules and regulations, manufacturers are trying to increase the use of materials with high recyclability and decent biodegradability index. Also, due to new norms for VOC emissions, many manufacturers are looking to revamp their manufacturing process in order to minimize these emissions.

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How is Vapour Barrier Market Structure Defined?

The market of vapour barrier is highly competitive due to decent presence of tier 1 players in the market. Though tier 1 market players have a considerable hold on market share, numerous small-scale and regional players exist in the market. Manufactures like The Dow Chemical Company and Saint Gobain, along with other organised and leading manufactures hold more than half of the market pie.

More About What the Report Covers

Future Market Insights (FMI), published a thorough research analysis in its report for global vapour barrier market, offering information regarding historical developments from 2014-2018 and forecast projections and opportunity assessments on the basis of analysis for future scope and ongoing tends in the global market. The research study offers opportunity roadmap and market projections across the globe based on various categories such as material (glass, sheet metal, polymer, asphalt & bitumen, gypsum board, drywall/board lumber, plywood, concrete/brick), type (membranes, coatings, cementitious water proofing, and stacking & filling), site (external, internal), application (corrosion resistance, insulation, air insulation, sound insulation, thermal insulation, water proofing, material packaging & stacking, microbial & fungal resistance), end use (construction, packaging, automotive), and region (North America, Latin America, Europe, MEA, South Asia, East Asia, and Oceania).

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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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Mono Propylene Glycol Market value will reach US$ 5,159.5 Mn towards the end of 2029- FMI

Mono propylene glycol (MPG) continues to find application across diverse industries, on the back of its low toxicity and hygroscopic properties. A recent Future Market Insights (FMI) study suggests that the global mono propylene market value will reach US$ 5,159.5 Mn towards the end of 2029, witnessing a moderate CAGR during forecast period (2022 – 2029). Environmental sustainability of bio-based mono propylene glycol will be significantly responsible in upholding its demand in the global market over the course of following years.

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Key Takeaways – Mono Propylene Glycol Market Study

  • Low toxicity of mono propylene glycol, as compared to ethylene glycol, is expected to drive its usage in cosmetics and personal care products on a large scale. As ethylene glycol is poisonous and must be handled with caution to restrict any human or animal exposure, MPG will witness higher demand in the forecast period.
  • Being the preferred glycol for manufacturing high performance, unsaturated polyester resins for several uses such as reinforced plastic laminates for marine construction, gel coats, sheet molding compounds (SMC), and synthetic marble casting, industrial grade mono propylene glycol is projected to witness significant demand. It is also a vital intermediate in the production of alkyd resins for paints and varnishes.
  • Substantial demand is anticipated for mono propylene glycol from the pharmaceutical industry as it is a well-known excipient. MPG is used for several purposes in a broad range of pharmaceutical dosage forms, for e.g. as a humectant in topical medication, as a preservative in solutions, or as a co-solvent in aerosols, parenteral, and oral solutions.

Manufacturers in the mono propylene glycol market can gain substantial profits by targeting long-term supply contracts from prominent end-use industries such as food & beverage, pharmaceutical, building construction, and others, across various developing countries such as India and China.

Manufacturers Moving towards Bio-based Mono Propylene Glycol

Bio-based mono propylene glycol is gaining popularity in the market, as a switch from petrochemical- to renewable-based MPG results in the reduction of climate change impact of 40-60% kg of CO2. Several countries are taking initiatives to increase the adoption of bio-based mono propylene glycol among various end-use industries owing to its significant environmental benefits.

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Who Is Winning?

The global mono propylene glycol market is fairly consolidated due to the unavailability of raw materials required for the manufacturing of mono propylene glycol, especially at the regional level, and absence of local manufacturers. Key manufacturers such as Dow Chemical Company, LyondellBasell, BASF SE, and Royal Dutch Shell PLC account for about 40% of the overall market share. North America and Europe are anticipated to account for a significant share of the global mono propylene glycol market, owing to rapid infrastructural development and increasing preference for bio-based mono propylene glycol.

MONO PROPYLENE GLYCOL MARKET TAXONOMY

The global mono propylene glycol market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Grade

  • Technical
  • Food
  • Pharmaceutical

Application

  • Unsaturated Polyester Resin (UPR)
  • Polyester Fiber Production
  • Food Additive
  • Heat Transfer Fluid
  • Pharmaceutical Solvent
  • Liquid Detergent
  • Paints & Coating
  • Other Industrial

End Use

  • Chemicals
  • Cosmetics & personal care
  • Pharmaceutical
  • Food & Beverage
  • Others

Source

  • Synthetic
  • Bio-based

Region

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

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North America Leading, with High Demand from Animal Feed Industry

The demand and sales of mono propylene glycol remain significant in North America, despite the presence of stringent regulatory framework. The region accounts for more than one-fourth revenue share of the global market. Leading players in the North American market are targeting animal feed manufacturing companies to boost their sales in the region. While developed markets continue to lead the curve with high consumption of mono propylene glycol, sales in East Asia will also increase at a significantly high CAGR over the next decade.

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Metered Dose Inhalers Market Trends 2022| Segmentation, Outlook, Industry Report to 2030

Metered Dose Inhalers Market Overview

The metered dose inhaler is a respiratory device which delivers a specific amount of the medication that is inhaled directly into the lungs. The medication filled in its medicine container is delivered in the form of a short burst of sprays of a fixed dose which is usually self-administered by the patient itself through inhalation.

The medication delivered by the inhalers is inhaled to lungs directly. The metered dose inhalers are widely used in the treatment of asthma, chronic obstructive pulmonary disease (COPD), and respiratory diseases.The metered dose inhaler is a way better than the manual inhalers as the metered dose inhalers have the fixed amount of the medication that has to be delivered.

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The metered dose inhalers market is growing as the prevalence of the respiratory diseases is increasing. There are several advantages of the metered dose inhalers such as it is portable, multidose delivery capability, easy to use, provides immediate relief, low risk of bacterial contamination as it is prefilled, etc.

The metered dose inhalers have pressurized filled medications which are filled in the canisters, a cylinder of pressurized gas medicines.

Metered Dose Inhalers – Market Dynamics:

The demand for metered dose inhalers is anticipated to witness an above average growth over the forecast period. The growth of the global metered dose inhalers market is mainly driven by the pharmaceutical and healthcare industries. The increasing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary diseases, chronic respiratory diseases and other respiratory diseases.

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The rising demand of the metered dose inhalers is increasing with the increasing awareness for the effective and advanced respiratory devices compared to the traditional treatments fuels to the growth of the metered dose inhalers market. Increase in pollution across the world is expected to increase demand for metered dose inhalers as the risk of respiratory diseases is increasing with increasing pollution.

The technological advancements by respiratory device manufacturers have boosted the growth of metered dose inhalers market. The shift of patient inclination from hospital care devices to home pharmaceutical and healthcare devices has propelled the growth of this market.

There are some restraining factors which hinder the growth of the metered dose inhalers market. The production cost of the metered dose inhaler is high. There may have side effects of the medications to be inhaled.

Metered Dose Inhalers Market – Regional Outlook:

Geographically the market of the metered dose inhalers is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle-East & Africa (MEA). Among these Asia Pacific and North America are collectively expected to dominate the metered dose inhalers market in terms of volume and value because of the increase in awareness towards respiratory diseases and owing to high demand from pharmaceutical and healthcare industry.

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The U.S. has the largest market of the metered dose inhalers in North America region and in Asia-Pacific region, the countries India and China are the producers of the metered dose inhalers.

Metered Dose Inhalers Market – Key Players:

Cipla Inc., Presspart Manufacturing Ltd., Midascare Pharmaceuticals Pvt. Ltd., Beximco Pharma Ltd., GlaxoSmithKline Pharmaceuticals Ltd., 3M Pharmaceuticals Pty Ltd., Biocare Manufacturing Sdn Bhd, Anomatic Innovation & Design Center & Manufacturing, Aristo Pharma Ltd, Intech Biopharm Corporation, Swiss Pharmaceuticals Pvt. Ltd. and others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, 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.

Metered Dose Inhalers – Market Segmentation:

The global metered dose inhalers market is segmented on the basis of the dose, on the basis of disease type, on the basis of technology.

On the basis of the product type, the metered dose inhalers are manufactured as

  • nebulizers
  • dry powdered inhaler
  • connected metered dose inhalers
  • pressurized metered dose inhalers

On the basis of the dose type, the metered dose inhalers are manufactured in varying dose such as

  • 50-80 doses
  • 100-160 doses
  • 170- 200 doses
  • 200-250 doses
  • 250-400 doses
  • others

On the basis of disease type, the metered dose inhalers are used in the

  • treatment of asthma
  • chronic obstructive pulmonary devices
  • other respiratory devices

On the basis of the technology, the metered dose inhalers are filled using

  • chloro fluoro carbons
  • hydro fluoro alkanes propellant
  • others

Pallet Labeler Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2030

Pallet Labeler Market Overview

Global pallet labeler market: Introduction

Pallets are mostly used in warehouses and manufacturing units, for the purpose of storage. Appropriate and accurate pallet labelling is the key to recognizing products conveniently. The task of labelling on the pallets is carried out using a pallet labeler.

Pallet labelers eliminate the need to hand apply labels, unlike the conventional approach, in which, forklift operators were required to perform the entire process manually. The continuous move in & out of forklift consumes lots of time. Pallet labeler overcomes this problem to some extent. Pallet labeler is available in a variety of lengths to cover the conveyer and apply the label on to the pallets.

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Pallet labelers can be integrated with label printing technology that contains both human readable text and symbols that can be scanned, which includes the serial shipping container code (SSCC). Pallet labeler indirectly helps in shipping of products placed on pallets. In automated production lines and manufacturing industries, pallet labeler is installed immediately after location, where pallet is stretch wrapped.

It facilitates workers to use pallet labeler instantly which overcomes product misunderstanding and helps conflict free delivery of the palletized products. Therefore, the global pallet labelers market is expected to expand at a healthy CAGR over the forecast period.

Global pallet labeler market: Dynamics

Pallet labelers are designed and built with palletizing and stretch wrapping atmosphere in mind. Rapid growth in industrialization and manufacturing sector leads to increasing demand for pallets in manufacturing and storing units which in turn drive the global pallet labeler market over the forecast period. In addition, pallet labeler reduces the amount of task carried out by forklift operator. Manufacturers & warehouse owners would employee pallet labeler to increase throughput efficiency.

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Pallet labeler can be customized as per the need of customers. Pallet labeler is available in various sizes and according to the size of labels used. For a pallet labeler to be effective, three key elements for a compliant label are size, content, and application.

Sometimes if the pallet labeler is not working properly, it creates problems such as applying label at incorrect place, apply it at only one side, or incorrect product labels applied to pallet might lead to switching of manufacturers to traditional way of applying labels on the pallets. It might hamper growth of the global pallet labeler market during the forecast period.

Global pallet labeler market: Regional Outlook

The global pallet labeler market has been divided into seven regions:

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

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The APEJ region is expected to present lucrative opportunities for growth of the global pallet labeler market, over the forecast period. Automated approach to production has high penetration in regions such as North America, Western Europe, and Japan. As awareness regarding the benefits of automation increases among manufacturers in the APEJ region, a rise in demand for products such as pallet labeler, is expected, which will witness healthy growth, over the forecast period.

Global pallet labeler market: Key Players

Few of the players operating in the global pallet labeler market are – FOX IV Technologies, Loveshaw, Advanced Labeling Technologies, Logopak Systeme GmbH & Co.KG, Automatic Identification Systems LTD, Weber Packaging Solutions, Inc, ALTech UK Labelling Technologies Ltd., and Domino Printing Sciences plc, among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Global pallet labeler market: Segmentation

On the basis of machine type, the global pallet labeler market has been segmented as:

  • Manual machines
  • Automatic machines

On the basis of purpose, the global pallet labeler market has been segmented as:

  • Print & Apply pallet labeler machines
  • Apply-only pallet labeler machines

On the basis of end use industry, the global pallet labeler market has been segmented as:

  • Food & beverage industry
  • Pharmaceutical industry
  • Personal care & cosmetics industry
  • Others

Mil-Spec Packaging Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Mil-Spec Packaging Market Overview

Global mil-spec packaging market: Introduction

In modern times, it has become necessary for countries to be able to have combat readiness and deploy quickly. To achieve the same, proper maintenance of defence equipment is of paramount importance, which in turn, creates more demand for mil-spec packaging in the defence sector.

Mil-spec packaging has witnessed high preference in the defence industry, since its inception after the world wars. Mil-spec packaging is a special division of many United States-based packaging manufactures. Mil-spec packaging comprises various product types such as heat sealable bagswood crates, antistatic bags, moisture barrier bags, desiccant packs, and humidity indicator cards among others.

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Manufacturers of mil-spec packaging emphasize on production of packaging solutions, which can protect products from operational, and transportation environments, climatic conditions, and terrain. The rise of power in the east, especially in countries such as China, is expected to be one of the key factors, which is expected to increase demand, and ultimately, fuel growth of the mil-spec packaging market.

Mil-spec packaging is also widely used for shipping of military hardware. Thus, the global mil-spec packaging market is expected to have a largely positive outlook, over the forecast period.

Global mil-spec packaging market: Dynamics

The mil-spec packaging is quite different from commercial packaging in some ways, although there is a penetration of commercial packaging in mil-spec packaging. The global mil-spec packaging market growth is derived from the product’s characteristics and the soldiers’ need in a military distribution environment.

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One of the sources which might boost the global mil-spec packaging market is – operational commanders which have responsibility for generating these requirements in terms of war fighter’s need. Governments in various countries are concerned about military specified packaging due to sensitive militant products, it might lead to growth in the global mil-spec packaging market.

The U.S. Department of Defense is using standardized alphanumeric code and describes the packaging materials and products necessary to protect military items from physical and climatic conditions. It is expected to drive the global mil-spec packaging market growth over the forecast period.

Penetration of commercial packaging in military specification packaging is expected to hamper the global mil-spec packaging growth.

Global mil-spec packaging market: Regional Outlook

Based on regions, the global mil-spec packaging market is divided into seven regions namely:

  • North America
  • Western Europe
  • Asia-pacific except Japan
  • Eastern Europe
  • Latin America
  • Middle-east and Africa
  • Japan

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The North American region dominates the global mil-spec packaging market, and is expected to maintain its leading position well during the forecast period. This is attributed to the excessively high defence budget of the United Sates armed forces, which creates immense demand for mil-spec packaging. The importance of mil-spec packaging is expected to lead many countries to adopt these packaging solutions for their military, especially the emerging world powers such as China and India.

Therefore, the APEJ region is expected to witness significant growth in the regional mil-spec packaging market, over the forecast period, thereby, creating lucrative opportunities for manufacturers of the same. Countries in the Latin American region, such as Brazil and Mexico, are expected to witness increase in applications for mil-spec packaging.

Global mil-spec packaging market: Key Players

Few of the key players operating in the global mil-spec packaging market are – Edco Supply Corporation, Royco Packaging, Inc., Mil-Spec Packaging of Georgia, Adsorbents & Desiccants Corporation of America, Cadillac Products, Protective Packaging Corporation, Accuspec Packaging Corporation, Reid Packaging among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global mil-spec packaging market: Segmentation

On the basis of product types, the global mil-spec packaging market has been segmented as:

  • Wood crates
  • Antistatic bags
  • Moisture barrier bags
  • Shielding bags
  • Others

On the basis of material used, the global mil-spec packaging market has been segmented as:

  • Film foil
  • Poly Kraft
  • ESD
  • Poly Mylar
  • Others

On the basis of application, the global mil-spec packaging market has been segmented as:

  • Shipping
  • Storage
  • Transportation

Ginger Oil Market Overview & Analysis of Size Growing Rapidly with Recent Trends, Types, Application, Development, Revenue, Demand and Forecast during 2022-2027

Ginger is the underground stem or rhizome of a perennial herb, which is used as a spice, preservative, and as a medicine. Ginger oil is spicy, warm, and energizing oil, extracted from a pungent ginger root. It is used to treat upset stomach, nausea, respiratory conditions menstrual disorders, and inflammation. It is also used as aromatherapy, to bring on feelings of self-assurance and courageousness which is why it’s known as “the oil of empowerment.”Ginger oil works as laxative, an antiseptic, tonic and stimulant and hence used in various pharmaceutical products.It has been used as a medicine since ancient times.

Market Segmentation:

Ginger oil market is segmented on the basis of its applications in different industries as food and beverage industry, pharmaceutical, personal care industry and other applications. In food and beverage industry ginger oil is used for flavor and seasoning purpose, in confectionery beverages and bakery products .it is widely used as flavor for cake, cookies and biscuits, ginger snaps etc.

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In non-alcoholic beverages ginger oil market demand is high. Due to its medicinal properties ginger oil is being used in treatment of several disease conditions since long time. Looking at several applications of ginger oil in treatment of stomach problem such as nausea and vomiting, diarrhea, food poisoning, gastric ulcer, headache, asthma, migraine, inflammation and many more conditions, ginger oil is used in various pharmaceutical products.

Ginger oil is essential in hair care for curing dandruff and used in personal care products.As ginger oil is stimulating and therefore relieves depression, mental stress, dizziness, exhaustion, restlessness and anxiety, thus used in aromatherapy and Ayurveda.

Ginger oil market is further segmented on basis of extraction methods such as steam distillation and solvent extraction. Solvent extraction is used for the extraction of ginger oleoresin, and steam distillation is used to get ginger essential oil.

Ginger oil market is further segmented on the basis of regions as North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.

Market Regional Outlook:

In regional markets Asia Pacific is the largest producer of the ginger and hence possess high production shares ginger oil market. India is the leading producer of ginger oil and dominates the ginger oil market with almost half shares out of total market. China is also known for ginger production and trade of ginger oil. Asia Pacific mainly exports ginger oil to North America and European markets.

Market Drivers and Trends:

Increasing number of health conscious consumers, and their demands for natural oils and extracts based products is the major factor driving growth for essential oils and in turn ginger oil market. Ginger is majorly used in spices and thus ginger oils and oleoresins are preferred to prepared dried spices as flavoring in food industry, because they are more stable, contamination free , cleaner, , and can be easily standardized by blending. Thus the growth of food industry and spices demand are another factors driving growth of ginger oil market. The growth of natural personal care products industry is another growth driver for ginger oil market.

Ayurveda treatments and aromatherapy are new trends in the market. Changed and hectic life style is causing mental stress, anxiety and other health issues, where aromatherapy and Ayurveda are preferred solutions my consumers. Ginger oil is used in natural medicines as well as in aromatherapy with other essential oils, this is another factor driving market growth of ginger oil.

Ginger oil Market Key Players:

The ginger oil market is mainly driven by major plyers in essential oils. Key players in ginger oil market includes AOS Products Private Limited, Manohar Botanical extracts PVT.LTD, The Lebermuth Company, Synthite, suppliers includes Mother Herbs Pvt.Ltd, Kama Ayurveda, S.N.N Natural Products, Herbal Bio solutions, GR herbals, Aravali Essential Oils and Fragrances etc.

The report covers exhaustive analysis on:

  • Ginger Oil Market Segments
  • Ginger Oil Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Ginger Oil Market Size & Forecast 2017 to 2027
  • Ginger Oil Market Supply & Demand Value Chain
  • Ginger Oil Market Current Trends/Issues/Challenges
  • Ginger Oil Players Competition & Companies involved
  • Ginger Oil Market Technology
  • Ginger Oil Market Value Chain
  • Ginger Oil Market Drivers and Restraints

Regional analysis for Ginger Oil Market includes

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Europe
    • K.
    • France
    • Germany
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of the Asia-Pacific
  • Japan
  • Middle-East and Africa
    • GCC Countries
    • Rest of the Middle-East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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.

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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Collapsible Rigid Containers Market 2022 | Scope of Current and Future Industry 2028

Nearly 120 million collapsible rigid containers were sold in 2018, according to a recent intelligence study by Future Market Insights. Volume sales of collapsible rigid containers will witness a modest 4% Y-o-Y growth in 2019 over 2018. While nestable and stackable containers are highly popular in the returnable packaging containers landscape, collapsible rigid containers have gained immense palpability in recent years, as more compatible for product storage and shipping.

With their convenience in loading-unloading and maintenance operations, collapsible rigid containers continue to gain momentum as vital packaging solution to avoid storage issues, and reduce overhead expenses. According to the report, 100% reusability of collapsible rigid containers, which has significantly complemented productivity in transport and logistics, will continue to propel the market growth.

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Bulk packaging applications across multiple end use industries will significantly boost growth of collapsible rigid containers market. Just-under 30% share of the total sales volume of collapsible rigid containers is accounted by consumption in chemical industry, followed by food and beverages. Automotive, agriculture, and pharmaceuticals also remain among the significant end use consumers of collapsible rigid containers, according to FMI.

Demand for Foldable IBCs to Gain Uptick, Plastic Most Preferred Material Choice

Light weight, easy handling, and economic costs remain the key demand determining attributes of crates in collapsible rigid containers market. Crates continue to remain preferred collapsible rigid containers, with sales driven by their innate & unparalleled competency to other variants in terms of cost, handling, and lightweight. According to the study, crates currently account for over 80% of overall collapsible rigid container sales.

The report opines that foldable IBCs will witness healthy demand growth, attributed to their space and cost efficiency, convenient handling, and environmental suitability for bulk packaging of hazardous and non-hazardous fluids. As the demand for cost effective bulk packaging continues to rise, a higher Y-o-Y growth is projected for foldable IBCs in 2019.

Over 90% of collapsible rigid containers sold are made of plastic, whereas metal and other materials such as wood account for the remaining volume of sales. Although multiple advantages associated with plastic containers continue to reign supreme over those offered by wooden or corrugated box containers, popularity of non-plastics is visibly growing over the recent past. The global sustainable drive is pushing use of raw materials other than plastic, which is translating into increasing preference for wooden collapsible rigid containers in coming years.

Global collapsible rigid containers market is a highly fragmented landscape and most of the prominent players are maintaining their strategic focus on mergers and acquisitions. Schoeller Arca System (SAS) accomplished a merger with an Indian polymer manufacturer, Time Technoplast Ltd., (TTL). The newly formed collaboration is named Schoeller Arca Time Materials Handling Solutions.

Key Segments Covered in the Collapsible Rigid Containers Market

By Product Type

  • Crates
  • Pallet Boxes
  • Folding IBCs

By Material

  • Metal
  • Plastic
  • Others (wood, etc.)

By Sales

  • Indirect
  • Direct

By End Use

  • Automobile
  • Pharmaceuticals
  • Chemicals
  • Agriculture

Some companies are also prioritizing new product launches in the collapsible rigid containers market. Cherry’s Industrial Equipment announced the expansion targeting the innovation of a new collapsible rigid containers variant, i.e. wire mesh collapsible rigid containers.

Supported by EFSA (European Food Safety Authority), the European giant in returnable plastic packaging landscape, Schoeller Allibert Services B.V. is firming up the sustainable footprint in collapsible rigid containers market. To curtail the levels of conventional packaging waste and concentrate on green branding, the company is directly involved in providing end-to-end assistance for re-using and recycling of returnable plastic materials.

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FMI’s report also sheds light on the strategic profiles of several other players active in collapsible rigid containers market, such as Brambles Limited, Supreme Industries Limited, DS Smith Plastics Ltd., SSI Schäfer AG, ORBIS Corporation, Dynawest Limited, Ac Buckhorn LLC, Myers Industries, Inc., Rehrig Pacific Company, Inc., Bulk Handling Australia Group Pty Ltd., A. R. Arena Products Inc., Dalian CIMC Logistics Equipment Co., Ltd., and TPS Rental Systems Ltd. among others.

 

About us :

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

Elastic Laminates Market Prospects and Growth Assessment 2028

Global sales of elastic laminates will cross a US$ 5 billion mark in 2019, with an increase by 5.1% over 2018. A new FMI study on global elastic laminates forecasts robust adoption of elastic laminates by manufacturers of personal hygiene products, who currently hold almost 85% share. While baby diapers remain the most sought after application of elastic laminates, the share of feminine hygiene products is also expanding at a rapid pace.

Incontinence products continue to present significant investment opportunities to manufacturers of elastic laminates. Elevating rate of chronic disease prevalence, especially urological conditions, is prominently accounting for significant demand growth of incontinence products. Furthermore, increasing incorporation of elastic laminates in medical products such as medical tapes is extending an increasing share of revenue to the global elastic laminates market, says the report.

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Addressing relative temperature and humidity within hygiene and incontinence products has been a longstanding challenge for manufacturers, which continues to harness research interests of some of the leading elastic laminates manufacturers. Companies are thus experimenting with design materials for elastic laminates. Non-woven webs and breathable films are currently being perceived as a potential solution to effectively tackle humidity related issues associated with elastic laminates, predominantly used for incontinence and hygiene products.  Merries Disposable Diaper, one of the first to introduce a baby diaper with almost 40% superior breathability feature, continues to focus on breathable material innovations.

Driven by easy availability and economic price point, propylene will remain a preferred choice of material among manufacturers of elastic laminates. However, manufacturing elastic laminates using elastomers that are based on ethylene, polyethylene terephthalate, and styrene-block copolymers has been emerging as a popular trend since the recent past.

Technological advances targeting development of low-priced high-performance hygiene products are cited as an important demand determinant pushing performance of elastic laminates market. Manufacturers of hygiene and incontinence products are focusing on introducing products that are based on sustainable material-based elastic laminates. According to the report, a rapid shift to recyclable and bio-based materials is driving strategic developments of a number of companies investing active R&D efforts in promoting biodegradable elastic laminates in the market.

In a fairly fragmented landscape of global elastic laminates market, merely 20-25% of the total revenue belongs to five leading players, including Berry Global Group, Inc., Tredegar Corporation, Kraton Corporation, Schweitzer-Mauduit International, Inc., and Exxon Mobil Corp.

While top companies maintain their strategic focus on M&A and new product launches, production capacity expansion will remain the most prominent move, says the report. Berry Global Group, Inc. recently announced the expansion of their production capacity in North America, backed by heavy investments in Spinlace technology used in manufacturing of elastic laminates.

Key Segments Covered in the Elastic Laminates Market

By Material Type

  • Ethylene-based Elastomers
  • Propylene-based Elastomers
  • Styrene-block Copolymers
  • Others (PET-based)

By Structure

  • Elastic Strand Based
  • Elastic Film Based
  • Elastic Netting Based
  • Elastic Nonwovens based

By Application

  • Hygiene
    • Feminine Care

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Schweitzer-Mauduit International, Inc. augmented the processing capacity of polypropylene-based non-wovens and netting products. Aplix S.A., Golden Phoenix Fiberwebs, Inc., Pantex International S.p.A., Neos Italia Srl, and Mondi Group plc among others will represent a larger collective share in the elastic laminates market value. Regional expansion and new launches will drive strategic growth of these players competing in elastic laminates market.

The report forecasts a healthy CAGR of 5.6% for global elastic laminates market value over 2018-2028.

 

About us :

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