Automotive Composites Market Was estimated at US$ 7.4 Bn in 2019

Sales of automotive composites are directly correlated to automotive production and vehicle parc. Despite fluctuating economic conditions in the recent past, on an average, the global automotive market has observed reasonable growth. Efforts to reduce the weight of vehicular components will increase, thereby providing substantial opportunities for the growth of automotive composites market.

The global automotive composites market is estimated at US$ 7.4 Bn in 2019, and is projected to grow at a moderate rate during the forecast period.

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Key Takeaways from Global Automotive Composites Market

  • Glass fiber has been observed to be the most preferred composite material in the automotive industry, owing to low cost and high structural strength.
  • Demand for high-performance automotive vehicles is increasing across the globe, along with the growing demand for emission control. As a result, manufacturers are focusing on using advanced composite materials due to the high temperature generating components that are required.
  • The demand for passenger cars has seen a surge in regions such as India and China. This is expected to further increase the demand for automotive composites in the coming years.
  • Natural fibers are also gaining popularity in the designing and manufacturing of door panels, seat backs, bolsters, and load floor, among others.
  • Most automakers have started to position and re-brand their respective car models with aesthetic and stylish interior features, which demands the increased adoption of lightweight automotive composites.

While the demand for automotive composites is primarily driven by elevated automotive production, the trend of lightweight components in the aftermarket will further increase inclination towards automotive composites.

Automotive Composites Market Participants

The market for automotive composite has remained competitive, with the presence of giant players with expertise in advanced manufacturing technologies. In order to sustain in the global automotive composites market in the long run, product development is the key growth strategy being adopted by market participants. Launching advanced products that provide numerous operational benefits, and at the same time complying with existing emission norms and other regulations in the market, will help market players maintain product differentiation and strengthen their presence in the global automotive composites market.

Some of the key participants mentioned in the automotive composites market report are Mitsubishi Chemical, Teijin Limited, SGL Carbon SE, Solvay Group (Cytec Solvay Group), and Holding Toray Industries Inc.

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AUTOMOTIVE COMPOSITES MARKET TAXONOMY

The global automotive composites market is segmented into five segments in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

Material

  • Glass Fiber Composite
  • Natural Fiber Composite
  • Carbon Fiber Composite
  • Aramid Fiber Composite
  • Others

Resin

  • Thermoplastic
  • Thermoset

Application

  • Interior
  • Exterior
  • Underbody
  • Chassis
  • Power Train
  • Engine Components

Vehicle Type

  • Passenger Cars
    • Compact
    • Mid-size
    • Luxury
    • SUVs
  • LCVs
  • HCVs
    • Straight Trucks
    • Dump Trucks/Garbage Trucks
    • Semi-trailers
    • Fire Trucks
    • Others
  • Agricultural
    • Tractors
    • Tillers
    • Rotavators
    • Harvesters
    • Threshers

Agricultural

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • MEA
  • China
  • Japan
  • India

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Automotive Pump Market : The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

About FMI

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

Contact

Mr. Debashish Roy
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Real Time Continuous Microbiological Monitoring Systems Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

Real Time Continuous Microbiological Monitoring Systems Market OverviewPharmaceutical and biotechnology companies who produce medicine and biotech products are concern about airborne microbial contamination. Traditionally, these companies use active air samplers or settling plate method to detect the airborne microbial contamination. But, this method may require at least four to ten days to detect the microbial contamination in the lab. Real time continuous microbiological monitoring systems is emerging tool used by pharmaceutical and biotechnology companies to detect the airborne microbial contamination. Real time continuous microbiological monitoring systems is based on Laser Induced Fluorescence (LIF) technology to detect the airborne microbial contamination. This system offers real-time detection of active biological organisms which used for the produce of sterile products. Real time continuous microbiological monitoring systems are designed with stainless steel and it is enclosed with sample probe. This sensor is directly connected to a software and it is designed to attain the continuous operation. As the air passes through the system detect the biological particle by laser illumination. These air particles are counted by laser illumination depending upon their size and it is displayed on the monitor.

Real Time Continuous Microbiological Monitoring Systems Market: Drivers and Restraints

Increasing research and development by the pharmaceutical and biotechnology to develop advance medicine and biotech product is the primary factor driving the growth of real time continuous microbiological monitoring systems market. The waiting time for the result by traditional method is four to ten days whereas this system provide real time data for active microbial contamination which is also gaining the traction for real time continuous microbiological monitoring systems. This system reduces the operator error and do not require any paper data management, moreover it easy to operate this system and does not require any special handling, training, or logistics which lead to increase demand of real time continuous microbiological monitoring systems in the global market. Real time continuous microbiological monitoring system is costly equipment, therefore research lab which has less funding could not afford this latest technology which may deter the growth of this market throughout the forecast period.

Real Time Continuous Microbiological Monitoring Systems Market: Overview

The global real time continuous microbiological monitoring systems is expected to show significant growth over the forecast period due to rising research and development by the pharmaceutical and biotechnology to develop advance medicine and biotech product. The leading player of real time continuous microbiological monitoring systems emphasis on continuous product launches though this system is gaining huge traction in the market. But the adoption of this system in the institutional laboratory is quite low while it is mostly used in research and development laboratory. The major application of real time continuous microbiological monitoring systems is in drug discovery and clinical research, therefore these segment is estimated to dominate the market by application. Among all end user, real time continuous microbiological monitoring systems are mostly used in biopharmaceutical companies, hence this segment is estimated gain more incremental opportunity over the forecast period.

Real Time Continuous Microbiological Monitoring Systems Market: Regional Overview

On the basis of regional presence global real time continuous microbiological monitoring systems are classified into eight key regions – North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China & Japan, China, Japan, and the Middle East & Africa. North America is the most lucrative market for real time continuous microbiological monitoring systems due to increasing research and development in life sciences industries.  After North America, real time continuous microbiological monitoring systems market is then followed by Western Europe and Japan. In APECJ region, India and Australia are the major markets for real time continuous microbiological monitoring systems due rising number of pharmaceutical industries in these countries. The MEA and Latin America is expected to show relatively low adoption real time continuous microbiological monitoring systems owing to less funding for biopharmaceutical research and development.

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Real Time Continuous Microbiological Monitoring Systems Market: Key Players

Examples of some of the market participants in real time continuous microbiological monitoring systems market identified across the value chain include Alpha Controls & Instrumentation Inc. Mettler Toledo, BioVigilant, MicronView LLC and 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.

Real Time Continuous Microbiological Monitoring Systems Market: Segmentation

The global real time continuous microbiological monitoring systems market is classified on the basis of application, end user, and region.

Based on application real time continuous microbiological monitoring systems market is segmented into following:

  • Drug Discovery & Development
  • Clinical Research
  • Biopharmaceutical Production
  • Drug Screening
  • Tissue Engineering
  • Others

Based on end user Real Time Continuous Microbiological Monitoring Systems market is segmented into following:

  • Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Academic & Research Institutes
  • Food & Beverage Companies
  • Others

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

Dairy Enzymes Market Competitive Growth Strategies Based on Type, Applications, End User and Region

A recent market study published by Future Market Insights has estimated the global dairy enzymes market to reflect a positive growth trajectory for the duration of the assessment period from 2020 to 2030. Sustained demand for cheese, yogurt, and other fermented dairy products being a major contributor to market developments.

Enzymes such as animal and microbial rennet, lipases, lysozyme, lactases, and aminopeptidases, are key to milk clotting, lactose hydrolysis, controlling spoilage, and fermentation applications. Consequently, these products have proven essential to the operational and financial viability of operations in competitive dairy industry.

On the other hand, the market is also expected to face challenges in terms of high costs for skilled professionals and infrastructure. High capital requirements hold back new entrants into the industry. This is a key factor holding back the expansion of the industry. 

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Key Takeaways

  • Lipase dairy enzyme products to find higher adoption rates, owing to flavoring and texture applications.
  • Plant-based enzymes to gain traction with the widening of global vegan and vegetarian consumer populations.
  • Cheese production applications to hold major market share, with microbial rennet gaining popularity in the sector.
  • E-commerce channels reflect significant growth to from 2020 to 2030, driven by the large number of small-scale end users.
  • South Asia & Pacific, is reflecting faster than average growth, Europe likely to retain lead with major impetus from the cheese industry.

“The dairy enzymes market is driven by the rapidly increasing consumption of dairy products in emerging markets. A highly competitive market landscape, has resulted in players seeking advantages in technology and expertise to maintain efficient, flexible, and financially-viable operations,” says an FMI analyst

Covid-19 Impact Insights

The impact of the coronavirus pandemic on the dairy enzymes market has been largely negative. Reduced consumption of dairy products such as cheese and flavored yogurt substantially hurting sort term demand for associated enzymes. In addition, restrictions on the food service industry have also indirectly hurt demand.

On the other hand, market players are also likely to find opportunities to minimize losses during this crisis period. As consumers seek immunity boosting, personalized nutrition solutions during the pandemic, growing applications of dairy enzymes in fortified and functional foods and beverages will prove helpful to market players.

The market is likely to recover steadily towards 2021 as the lockdown restrictions are lifted, owing to continued demand for milk and its derivatives, especially in developing countries around the world.

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Competitive Landscape

The dairy enzymes market is largely fragmented owing to the presence of numerous regional players in the sector. Some of the predominant participants in the industry include Advanced Enzymes Technologies, Amano Enyzme, CHR. Hansen, Danisco A/S, Dow DuPont, DSM, Enmex, Kerry Group, Novozymes, and SternEnzym among others.

Players in the dairy enzymes industry have been increasingly emphasizing on the expansion of product portfolios, with research into plant-based and microbial sources gaining importance. Also, manufacturers are putting in efforts towards improving sustainability of dairy industry operations in terms of processing and waste management.

For instance, in June 2020, DSM unveiled its new range of DelvoPlant enzymes for plant-based dairy alternative beverages, which enables superior flavoring and mouthfeel in end products.

In May 2020, DuPont Nutrition and Biosciences launched its Bonlacta dairy enzyme for consumers in the North America market, in lactose free applications, which allows cost reduction, and process optimization for dairy producers.

Novozymes unveiled Saphera Fiber, the company’s new lactase enzyme which bolsters the content of dietary fiber for applications in non-fermented milk-based product offerings.

More Valuable Insights on the Dairy Enzymes Market

In its latest market study, Future Market Insights has provided readers with a detailed analysis of the global dairy enzymes market. It covers an exhaustive analysis in terms of historical demand from 2015 to 2019 and data on forecast for the period between 2020 and 2030. The report encompasses details on projection of growth on the basis of source (animal & microorganism, and plant), type (chymosin, microbial rennet, lactase, lipase, and others), application (milk, cheese, ice-cream & desserts, yogurt, whey, infant formula, and others), distribution channel (e-commerce, specialty retailers, supermarket/hypermarket), across six key regions.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Automotive Sensors sales at 7.2% CAGR throughout the forecast period from 2021 to 2031

The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by 5.5% year over year. As per Future Market Insights (FMI), automotive sensor revenues generation will increase at a ten-year compound annual growth rate (CAGR) of 7.2%, as the automotive production recovers after bucking scepticism about how the market would perform post pandemic.

NXP Semiconductors N.V., TE Connectivity, Continental AG, Denso Corporation, Robert Bosch GmbH are identified as leading players in automotive sensor market. They will collectively account for nearly 30% of global market share in 2021.

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Auto theft has emerged as a serious problem across the globe. According to a report by the National Insurance Crime Bureau, auto theft grew by 9.2% year-on-year in U.S. reaching 873,080 cases in 2020. To tackle this issue, automakers are installing modern anti-theft sensors in economic and budget cars. This development will fuel the demand for automotive sensors in upcoming years.

Advancement in the field of transport management system and incorporation of smart sensors in advanced driver-assistance systems will create attractive prospects for the expansion of the market.

Truck platooning is an emerging area of application for automotive sensors. In truck platooning, automated driving support and connectivity technology work in sync and are controlled by central operating system. All trucks are connected to leader trucks and rest of platoon adapts their movement according to leader truck. This will increase ADAS penetration in trucks.

Governments in developed economies are mandating the installation of safety sensors in passenger and commercial vehicles to curb the rise in number of road accidents and related fatalities. This will significantly contribute to the overall growth of the automotive sensors market.

Manufacturers are working towards avoiding overheads by reducing the number of product recalls and satisfy consumer demand of modern warning alert system and safety feature in compact cars.

Advancement in the crash prevention technologies like vehicle-to-vehicle communication, traction control system, active kinematics control with integrated brake control, and automated braking system will boost demand for automotive sensor in upcoming years.

Key Takeaways from FMI’s Automotive Sensor Market Study

  • Driven by increasing sales of electric vehicles and presence of leading original equipment manufacturers in U.S., North America market will expand at 4.7% CAGR over the forecast period.
  • European automotive sensor market will grow at a healthy CAGR of 6.5% backed by increasing demand of European luxury cars across the globe and rising production of electric cars in the region.
  • Japan and South Korea will collectively account for around 9.1% of global market share in 2021.  Surge in research and development activities in these countries towards miniaturization of automotive sensors will drive the market growth in these countries.
  • India will offer lucrative opportunities for market growth, as it is the fastest growing economy in the world. Increasing demand for passenger cars and rise in consumer spending on enhanced safety features will boost the sales of automotive sensors in India.
  • Safety sensor is the fastest growing sensor type segment owing to imposition of stringent vehicle and driver safety regulation and increasing demand for luxury and convenience in automobiles.

“Increasing investment in automating vehicles and installing smart technologies in critical safety systems to improve safety standards will boost the demand of automotive sensors in the forthcoming years,” says the FMI analyst.

For instance, in July 2021, Samsung launched its first ISOCELL image sensor specifically designed for automotive applications. Samsung aims at becoming global leader in image sensor sector  and capture maximum market share in upcoming years.

In 2020, AMS introduced two new position sensors the AMS AS5147U and the AS5247U for high-speed electric motors to promote car electrification initiative. These new position sensors are expected to reduce the system cost and boost the electrification of critical vehicle functions like as power steering, active damper control, and braking.

Bridgestone recently developed new “Smart Strain Sensor” technology for autonomous vehicles integrated with next-gen internet of things (IoT) capabilities.

Prominent players operating in the automotive sensor market are:-

  • NXP Semiconductors N.V.
  • TE Connectivity
  • Continental AG
  • Denso Corporation
  • Robert Bosch GmbH.

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Key Segments Covered in Automotive sensors Market Study

Sensor Type:

  • Position Sensors
    • Clutch Position Sensors
    • Gear Position Sensors
    • Throttle Position Sensors
    • Crankshaft Position Sensors
    • Steering Angle Position Sensors
    • Camshaft Position Sensors
  • Safety Sensors
    • Seat Belt Sensors
    • Brake Switch Sensors
    • Door Switch Sensors
    • ADAS Sensors
      • Blind Spot Detection
      • Night Vision Sensors
      • Light Sensors
      • Parking Sensors
      • Cruise Control
    • Impact Sensors
    • Anti-theft Sensors
    • Knock Detection Sensors
  • Level Sensors
    • Fuel Level Sensors
    • Coolant Level Sensors
    • Oil Level Sensors
  • Oxygen Sensors
  • Pressure Sensors
    • Tire Pressure Sensors
    • EGR Pressure Sensors
    • Airflow Rate Sensors
  • Temperature Sensors
    • Engine Coolant Temperature Sensors
    • Rain/humidity Sensors
    • Oil/Fuel Temperature Sensors
    • Battery Temperature Sensors
    • Air Temperature Sensors
  • Speed Sensors
    • Wheel Speed Sensors
    • Speedometer

Vehicle Type:

  • Passenger Cars
    • Compact
    • Midsize
    • Luxury
    • SUVs
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Sales Channel:

  • Original Equipment Manufacturers
  • Original Equipment Supplier Spare Parts
  • Independent Aftermarket

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • Middle East & Africa
  • Japan
  • China
  • India

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Off-Highway Vehicle (OHV) Telematics Market : As per the FMI’s study, off-highway vehicle (OHV) telematics market is poised to expand at an impressive 15.40% CAGR during the assessment period of 2021 and 2031. The market valuation will reach US$ 424 Mn in 2021.

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

 

About FMI

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

Contact

Future Market Insights
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Automotive Battery Management System Market is to reach US$ 15.3 Bn by the end of 2029

In the near future, electric vehicles will dominate the clean vehicle market, and necessitate demand for revolutionary battery management systems. Steadily growing demand for battery management systems in e-bikes as well as electric cars will squarely surge market growth.

According to a new research report published by Future Market Insights (FMI), the automotive battery management system market is estimated to reach US$ 15.3 Bn by the end of 2029.

 “In the foreseeable future, advancements in battery management systems will contribute towards extending vehicle range, while simultaneously improving battery life and safety. All major OEMs are ambitiously planning to boost electric vehicle production, which is projected to create significant opportunities for the global automotive battery management system market.”

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Key Takeaways of Automotive Battery Management System Market Study

  • Consumer demand across the globe is beginning to bend in favor of electric vehicles, and has strong disruption potential with governments providing purchasing incentives and subsidiaries.
  • With the dawn of electro-mobility and the resulting increase in EV production, automakers are offering tailored electric vehicles with modification in battery management systems.
  • APEJ is anticipated to remain the fastest-growing region in the automotive battery management system market during the forecast years, owing to several countries encouraging the usage of EVs. China leads the global fleet of electric vehicles.
  • Hybrid electric vehicles hold more than two-third of the global EV fleet. Increasing sales of HEVs are foreseen to fuel the demand for battery management systems in the future.
  • Electric vehicle fleet is significantly low as compared to ICE vehicles. As a result, the OEM sales channel is projected to retain its prominence throughout the forecast period.
  • Although centralized BMS account for a lion’s share in the global market, modular BMS are expected to witness high growth due to its superior functional benefits over its counterparts.

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AUTOMOTIVE BATTERY MANAGEMENT SYSTEM MARKET TAXONOMY

The global automotive battery management system market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Vehicle Type

  • Electric Vehicles
  • Passenger Cars
    • HEVs
    • PHEVs
    • BEVs
  • Commercial Vehicles
    • HEVs
    • PHEVs
    • BEVs
  • Golf Carts
  • E-Bikes

Connection Topology

  • Centralized
  • Distributed
  • Modular

Sales Channel

  • OEMs
  • Aftermarket

Region

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

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Automotive Battery Management System Market: Competition Overview

The global automotive battery management system market is moderately consolidated, with a number of global as well as regional players operating in it. Analog Devices, Inc., Continental AG, Johnson Matthey Plc, and Robert Bosch GmbH are identified as prominent players in the global automotive battery management system market.

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Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

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

Future Market Insights
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Rigid Food Containers Market to Witness Stunning Growth by 2022

A recent market research report by Future Market Insights presents a thorough analytical overview of the global market for rigid food containers and presents pragmatic forecasts regarding its future scope of development over the years between 2017 and 2022. The report is titled “Rigid Food Containers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022).”

A variety of rigid containers such as boxes and cartons, cups and tubs, bottles and jars, and trays find extensive usage in the field of food and beverages owing to their qualities such as high impact strength, high stiffness, and high barrier properties. While these aspects make transportation of foods and beverages easier, they also make storage in display shelves much hassle-free and convenient. Several technological advancements in terms of material used for manufacturing rigid containers for the food and beverages industry and developments in sealing mechanisms also help in extending the shelf-life of food products when rigid containers are used. The report states that the market for rigid food containers will develop at a moderate pace over the report’s forecast period.

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Some of the key factors expected to work in favor of the global rigid food containers market include the rising preference of the global population to packaged, convenience foods, changing lifestyles, staggering rise in the number of one-person households, busy work regimes, and increased disposable incomes, especially in developing economies. Developing economies are also proving to be highly promising for the rigid food containers market owing to the significant rise in urban settings and the increased numbers of supermarkets and hypermarkets.

The report states that the market will exhibit a CAGR of 4% from 2017 to 2022 and rise to a revenue opportunity of US$80,000 mn by the end of 2022.

From a geographical standpoint, the market in Asia-Pacific excluding Japan (APEJ) will be credited for the dominant revenue share in the global market by the end of 2017. The trend is also expected to continue over the report’s forecast period, with the regional market registering a CAGR much higher than other key regional markets over the forecast period.

The report states that despite concerns regarding its rising volumes in dumping grounds, plastic will continue to remain the most preferred material for manufacturing rigid food containers among manufacturers, followed by paperboards. The revenue generated from the sales of plastic and paperboard rigid food containers will account for over 80% of the overall market in 2017. Plastic will continue to hold on to its top spot in the global market by the end of the forecast period while paperboards will witness a slight decline.

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Of the key varieties of packaging types in the global rigid food containers market, the segment of trays is likely to remain the will remain the leading variety, in terms of both sales expansion as well as revenue generation. The segment will account for over a third of the overall market by the end of 2017 and will go on to remain the leading product variety over the report’s forecast period as well.

Some of the leading companies operating in the increasingly competitive vendor landscape of the global rigid food containers market are Huhtamaki Oyj, Berry Global Group, Inc., Amcor Ltd., Ball Corporation, Crown Holdings, Inc., Packaging Corp. of America, DS Smith PLC, Sealed Air Corp., Bemis Co., Inc., Smurfit Kappa Group PLC, Sonoco Products Co., and Printpack Inc.

Asthma and COPD Biomarkers Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

Asthma and COPD Biomarkers Market Overview

Market Outlook

Chronic Obstructive Pulmonary Disease (COPD) are a group of progressive lung diseases which interfere with the airflow and make it difficult to breathe. The lung disease include non-reversible asthma, emphysema chronic bronchitis. The air flow is narrowed due to the damage of the lung tissues. Air pollution and smoking are the main risk factors of this disease. COPD is a common and incurable disease which is characterized by increased breathlessness, persistent respiratory symptoms and airflow limitations. The biomarkers are obtained in the form of bronchi alveolar fluids sputum, blood, urine and exhaled breath. These compounds are produced by the metabolic process in the body and are non-invasive metabolic markers. These biomarkers provide information to verify the disease, its stage, treatment and responses.

Factor driving the Asthma and COPD Biomarker market

Asthma and COPD biomarker market is primarily driven by the increasing smoking rate and growing pollution levels. According to WHO reports 64 million people had COPD and 3 million people died of COPD in 2004. Long-term exposure to chemical fumes, vapours and dusts are also some factors which are causing COPD and driving the market. Moreover the demand of breath analyzers is increasing in schools hospitals and other institutions to ensure the safety of the individuals.

The COPD biomarkers are non-invasive and are produced by the metabolic process in the body in the form of urine, sputum, and by exhaled breath etc.  Increased levels of FeNO (Fractional exhaled nitric oxide) in exhaled breath is obtained by the hand held breath analyzers. These devices are easy to use and quick in diagnoses of the disease. Fibrinogen as a biomarker is measured in the plasma. Its increased levels provide the severity of COPD, airflow colonization and emphysema. The increased level of fibrinogen, white blood cells and C- reactive protein (CRP) combined together is accounted as a major risk for COPD. However, lack of awareness and diagnosis of chronic obstructive pulmonary diseases is hindering the growth of asthma and COPD biomarker market. Also if the disease is not detected at the earliest stage it could lead to respiratory infections, heart problems, lung cancer and high blood pressure. The overall market of asthma and COPD biomarker is pushed by the increasing demand of growing expenditure on healthcare. Asthma and COPD biomarker market offers the potential to identify disease in its earliest phase and the technology in the devices and the test kits holds a strong perception in future with its continued investment.

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Regional Market Outlook

Geographically, asthma and COPD biomarker market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa and Japan. The market in North America is expected to dominate the asthma and COPD biomarker market globally followed by Europe, North America is the dominant asthma and COPD biomarker market due incidences and prevalence of chronic pulmonary diseases in the region due to astringent and powerful regulations for the patient care and safety. The market in Asia Pacific region is expected to grow at a higher rate with the awareness programs and with the increasing chronic obstructive pulmonary diseases in the population. In addition, government initiatives on providing better healthcare facilities to the population contribute to the growth of the asthma and COPD biomarker market.  With the availability of new technologies in regions such as Asia Pacific and Latin America is going to further spur revenue growth during the forecast period.

Research MethodologyThe market sizing of Asthma and COPD biomarker market will be done by adoption data triangulation approach. Demand side approach will be followed to assess the actual market size of Asthma and COPD biomarker. Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of test and among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analyzed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as physicians, laboratory and diagnostic laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

Key data points covered in report

The report covers exhaustive analysis on:

  • Asthma and COPD biomarker market by target areas, modality, end user and region
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by method type, end user and country segments
  • Asthma and COPD biomarker Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Asthma and COPD biomarker market Size & Forecast 2018-2028
  • Asthma and COPD biomarker Current Trends/Issues/Challenges
  • Competition & Companies involved
Market Segmentation

Market by application

  • Chronic Bronchitis
  • Emphysema
  • Refractory Asthma

Market by Test Type

  • Breath Analyzing
  • Sputum tests
  • Urine tests
  • Plasma tests

Market by End user

  • Hospitals
  • Diagnostic Laboratories
  • Asthma Clinics

Market by Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape, market structure, regulatory scenario
  • Epidemiology outlook for diseases
  • Economical spending, regional healthcare outlook, consumer healthcare expenditure
  • Availability of device, cost of the test, specificity and sensitivity
  • Strategies for key players and product offerings, Channel strategies, regional foot print, channel footprint
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance in terms of value and volume

Spark Plug Market worth will increase a annual growth rate (CAGR) of 4.5% between 2021 and 2031

According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market will register positive growth with the overall valuation forecast to surpass US$ 3.20 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031.

Market players are investing towards developing spark plugs which offer long life and better electrical energy conductivity. With the launch of next gen engines, the demand for high performance spark plug will increase in upcoming years.

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These next-gen engines are compact and require special type of ignition system, leading to innovation in spark plug technology. Market players are experimenting with various materials and making design modifications to meet the requirements.

According to the report by Future Market Insights, increasing automotive production and export will make Europe one of the leading spark plug markets. Spurred by this, the Europe spark plug worth is projected to thrive at a CAGR of 4% during the forecast period.

The development of long and thin spark plugs that can be attached in a small headspace of engine will drive the spark plug market demand. As there is no application of spark plug in electric vehicles and e-bikes, a slump in spark plug market demand can be expected in upcoming years.

Constant fluctuation in fuel prices and increasing awareness regarding reducing air pollution will promote the adoption of electric vehicles, which will directly hinder the spark plug market demand.

As there is no application of spark plug in electric vehicles and e-bikes, a slump in spark plug market demand can be expected in upcoming years. Constant fluctuation in fuel prices and increasing awareness towards reducing air pollution will promote the adoption of electric vehicles which will directly hinder the spark plug market demand.

Global sales are expected to rise in 2021 after a period tepid growth in 2020. Nonetheless, FMI presents a positive growth outlook for the market.

Key Takeaways from FMI’s Spark plug Market Study

  • The U.S will continue to offer lucrative growth opportunities in spark plug market owing to presence of engine and transmission manufacturing companies and high production of passenger car in the country.
  • Rapid economic growth and rising export of automobiles across the globe will drive the spark plug market growth in China.
  • Rapid advancement in the commercial vehicle and aerospace segment along with implementation of stringent regulations such as EURO VI norms, to reduce carbon emission will boost the spark plug market growth in the U.K. during the forecast period.
  • Increasing production of passenger vehicles and increasing per capita income of Indian population, coupled with strict government regulations, will bode well for the spark plug market growth in India.
  • The demand for spark plus is expected to growth at a healthy rate in the automotive sector owing to strict government emission norms and increasing demand for fuel efficient vehicles.
  • The demand for cold spark plugs is expected to grow substantially during the forecast period as their firing end takes time to heat and provides faster rate of heat transfer as compared to other types of spark plugs.
  • An increase in demand for iridium spark plug is anticipated especially from marine sector as iridium spark plug facilitates optimum power and combustion leading to improved engine performance.

“Increasing research and development aimed at developing new and compact gasoline engines to curb fuel consumption and produce vehicles in compliance with emission-control norms will create growth opportunities for spark plug market,” says the FMI analyst.

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Competitive Landscape

Spark plug market is highly competitive market owing to presence of multiple market players. Companies operating in this market are employing organic as well as inorganic marketing techniques to expand their global outreach.

Their primary goal is to develop innovative products and improve value chain. Manufacturers are also participating in strategic collaboration with rival companies especially to strengthen their research and development activities.

For instance, Weichai Power Co. Ltd. is a Chinese spark plug manufacturer which sells it under the brand name of “Zhuzhou Torch Spark Plug Co.,Ltd. (ZTSP)” offers spark plugs for motorcycle and small gasoline engines.

Prominent players operating in the spark plug market are NGK Spark Plug Co. Ltd., Robert Bosch, Denso Corp., Tenneco Inc., and Valeo among others.

Key Segments Covered in Spark plug Market Study

By Sales Channel:

  • OEM
  • Aftermarket

By Material Type:

  • Iridium
  • Platinum
  • Nickel
  • Others

 By End Use:

  • Automotive
    • Two Wheelers
    • Passenger Cars
    • LCV
    • HCV
  • Marine
  • Aerospace
  • Industrial

By Product Type:

  • Hot Spark Plug
  • Cold Spark Plug

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • China
  • India
  • Middle East and Africa
  • Japan

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Key Points Covered in Spark Plug Market Study

  • Market estimates and forecast 2021 – 2031
  • Key drivers and restrains impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competitive Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact On Spark plug Market
  • Recommendation on Key Winning Strategies

Top Reports Related To Automotive Market Insights

Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

Electric Scooters Market : Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

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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Glass Bottles Market to Witness a Healthy Growth by 2031

With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a CAGR of over 5%.

The COVID-19 pandemic has brought the pharmaceutical, manufacturing, logistics, and packaging companies together to deliver the vaccines worldwide. Many COVID vaccines have been approved globally, and 150 + further vaccines are still in clinical trials

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Glass as a primary packaging material will play an essential role in the global vaccine supply chain. Packaging companies are working hard to prevent bottlenecks and shortages. For the vaccine packaging, type I borosilicate molded glass has emerged as a preferred material.

Glass bottles are chemically inert and are highly resistant to enzymes. Consequently, type 1 bottles are ideal to store and deliver vaccines across the globe.

The unprecedented surge in demand for vaccines has pushed manufacturers to increase production capacities to keep up with the supply demand gap. Key players of glass bottles such as Gerresheimer AG and SGD S.A. are committed to supplying type I borosilicate molded glass vials to meet requirements arising during the crisis.

Key Takeaways from Glass Bottles Market

  • Type I grade glass bottles are expected to hold more than 50% of the value share owing to applications in storing strong solutions, acids, and alkalis.
  • Consumption of the 501-1000 ml glass bottles is expected to reflect relatively larger volumes, with notable demand from the beverage industry.
  • The U.S. is a prominent regional market, accounting for more than 84% of sales in North America owing to a mature food and beverage and pharmaceutical sector.
  • Germany currently holds the lead in Europe accounting for nearly a fourth of all regional sales in2021.
  • China accounts for more than 45% of the value share in East Asia, while Japan and South Korea will make small gains in the upcoming decade.

“A significant rise in the use of glass bottle packaging in the food and beverages industry owing to changes in consumer’s preferences has generated demand. In addition, Type I borosilicate molded glass vials sales will consistently surge amid the Covid-19 pandemic. As a result, customer-centric, branded and affordable glass bottle offerings will drive developments through 2031” says an FMI analyst.

Customization Efforts to Reinforce the Demand for Glass Bottles

Customization details in the glass bottle industry are increasingly being made using 3D blueprints. Even labels and lids are designed using 3D technology. Manufacturers have come up with digital printing technologies for printing on glass bottles.

Glass bottles can be customized according to their shape, choice of finish, color, and design. The customization reinforces brand image, and helps in information dissemination to the consumer. Customization will make help the brands stand out from their competitors.

Impact of COVID-19 on the Glass bottles Market

The ongoing COVID-19 pandemic has affected all the sectors. Pharmaceutical companies have leveraged key opportunities during the pandemic as the increased demand for glass vials for medical purposes will drive short-term revenue generation.

Glass bottle companies have been designated as essential services due to their role in food and beverage and pharmaceutical products. Also, glass bottles are regarded as safe packaging for food items; hence the demand for the glass bottles market has recovered and remained relatively consistent.

Across the globe, alcohol consumption has suffered due to lockdown and travel restrictions. However, online sales and relaxation of regulations, has helped to partially mitigate losses through home delivery services.

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Glass Bottles Market Landscape

Leading players in the market are focused on product development for customization capabilities, in addition to driving investments into bolstering production capacities to keep up with demand. Tier 3 players hold 65-75% of the value share in the global glass bottles market.

Owen Illinois, Inc., Ardagh Group, SA, Vitro, S. A. B. de C. V., Vidrala, S.A, Gerresheimer AG, Vetropack Holding AG, Verallia SA, Frigoglass Jebel Ali FZCO and among others are the prominent players in the global glass bottles market.

Temperature Controlled Packaging Solutions For Pharmaceuticals Market Demand, Scope and Future Estimation until 2028

The roughly US$ 3.5 Bn market for temperature controlled packaging solution for pharmaceuticals industry has been anticipated to observe strong growth prospects in the coming years. According to a new study by Future Market Insights (FMI), the global revenue through adoption of temperature controlled packaging solution for pharmaceutical products will see just-under 8% CAGR over 2018-2028.

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FMI’s report opines that the demand for biologics is set to outpace the overall pharmaceutical industry’s growth, and biologics are expected to represent 20% growth in the near future. Strengthened by the increasing investment in the healthcare sector across the globe, the development of new methods in biotechnology and clinical trials is expected to register continuous growth, albeit at a slow pace. This, in turn, is anticipated to hamper the demand for temperature-controlled packaging solutions specifically for pharmaceuticals, globally.

Insulated Shippers Account for around 3/5th Share of the Total Market Revenue

Various types of temperature controlled packaging solutions, such as insulated shippers, insulated protective shippers, insulated containers, and others types including refrigerants, gels, icepacks, and phase change materials, are used in the pharmaceuticals market. In the report, FMI points to a significant market value share of insulated shippers, i.e. nearly 60.0% of the total product type used for temperature controlled packaging solutions for pharmaceuticals market.

Rising use of temperature-sensitive products and the need to transport products in remote locations are expected to be the major driving forces for the growth of temperature controlled packaging solutions, especially insulated shippers, in the pharmaceuticals market globally.

North America to Create Lucrative Opportunities for Manufacturers

According to the FMI study, North America is expected to dominate the temperature controlled packaging solutions for pharmaceuticals market throughout the forecast period. The US is home to some of the major manufacturers and consumers of temperature controlled products in the world. This factor is expected to create immense opportunities for the growth of the global temperature controlled packaging solutions for pharmaceuticals market in the region.

The FMI study analyzes the temperature controlled packaging solutions for pharmaceuticals market in several regions and focuses on key dynamics affecting the temperature controlled packaging solutions for pharmaceuticals market, globally. It has been observed that growing number of diseases across the globe fuel the demand for different pharmaceutical products. This is expected to propel the demand for temperature controlled packaging solutions for pharmaceuticals during the forecast period.

R&D Activities to Play an Important Role in Bolstering Innovations

Research and development activities are an integral part of the manufacturing process in pharmaceuticals and biotech industries, which is reflected in continuous annual increase in pharmaceuticals R&D spending of 4.2% in 2014, compared to the global average spending recorded in 2013.

Also, the development of novel therapies such as stem cells, monoclonal antibodies, and r-proteins alongside pharmaceutical products have further necessitated the use of cold chain packaging solutions at various stages of development.

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Temperature controlled pharmaceutical packaging solutions are validated and designed to rigorous standards to keep products within a safe temperature range for a given period of time. Major uses of temperature controlled packaging solutions for pharmaceuticals are in active pharmaceutical ingredients with strict temperature controls, vaccines, clinical trials, biological products and samples, and products with significant and specific timeline requirements.

Key players which have been profiled in the report temperature controlled packaging solutions for pharmaceuticals market include – Sonoco Products Company, Pelican Biothermal, Sofrigam SA Ltd., Cryopak, Cold Chain Technologies, Envirotainer AB, va-Q-tec AG, Inmark Packaging, American Aerogel Corporation, Snyder Industries, Inc., ACH Foam Technologies, LLC, Tempack Packaging Solutions, S.L., EcoCool GmbH, Exeltainer SL, Intelsius, Inno Cool India Private Limited, Softbox Systems, Insulated Products Corporation, TKT GmbH, Saeplast Americas Inc., and Emball’ISO.