Elemental Sulphur Market is expected to grow by 3% CAGR between 2021 and 2031

As per Future Market Insights (FMI), the global elemental sulphur market will total US$ 6.27 Bn in 2021. The demand for elemental sulphur is expected to grow by 3% CAGR between 2021 and 2031. The report projects the total volume sold in the market to total 106 Mn Tons by 2031.

Demand for elemental sulphur slumped to an extent due to the onset of the COVID-19. Suspension of production activities and disruptions in supply chains further dampened sales prospects. However, FMI has projected steady recovery of the market, with sales forecast to grow year-over-year by 3.30% between 2020 and 2021.

Growing demand for elemental sulphur in the agrochemicals industry is expected to bode well for the market. Sulphur is an essential nutritive element that improves plant growth and overall crop yield. A majority of crop plants go through sulphur deficiency. Sulphur is utilized in phosphate-based fertilizers to maintain a consistent supply of nutrients in crops. This will act as a chief growth driver for the elemental sulphur market.

Besides this, increasing adoption of sulphur for rubber vulcanization in the automotive and electronic sectors is expected to spur demand for elemental sulphur. Vulcanized rubber is used in the production of tires, cables, hoses, and other rubber components in consumer goods.

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Ongoing expansions of the automotive and consumer goods sectors is expected to propel the demand for vulcanized rubber, which in turn will augment growth of the elemental sulphur market.

“Favorable government policies and subsidies to support the expansion of the mining industry in various countries are expected to create conducive environment for elemental sulphur market growth. In addition to this, growing adoption of sulphuric acid for wastewater treatment will continue driving sales of elemental sulphur over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • Based on source, the gas-based segment is expected to hold a dominant share in the global elemental sulphur market.
  • In terms of applications, sales of elemental sulphur in the agrochemicals segment are anticipated to gain traction over the forecast period.
  • The U.S. is expected to dominate the North America elemental sulphur market. Sales of elemental sulphur are projected to increase at a 2.60% CAGR in North America.
  • The U.K. will emerge as a lucrative pocket in the global elemental sulphur market. Demand for elemental sulphur in Europe is expected to soar at a 2.30% CAGR.
  • China is expected to command a lion’s share in the East Asia elemental sulphur market, due to increasing applications of elemental sulphur in the production of fertilizers.
  • Japan and South Korea are projected to hold 3.30% of the global elemental sulphur market in 2021.

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Competitive Landscape

The Saudi Arabian Oil Company, Marathon Petroleum Corporation, Exxon Mobile Corporation, Tengizchevroil, Valero Energy Corporation, Sinopec Corp., Royal Dutch Shell Plc., Pemex, OAO Gazprom, Abu Dhabi National Oil Company, Motiva Enterprises LLC, ConocoPhillips Company, Oxbow Corporation, PotashCorp, Suncor Energy Inc., Flint Hills Resources, Montana Sulphur & Chemical Co., Jordan Sulphur, and National Est. for Agricultural & Industrial Sulphur are among the leading players operating in the global elemental sulphur market.

As per FMI’s analysis, top 5 players operating in the elemental sulphur market are anticipated to account for 23% of the total market share in 2021.

Leading players operating in the elemental sulphur market are actively investing in mergers, acquisitions, joint ventures, and collaborations to strengthen their product portfolios and global footprint.

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More Insights into the Elemental Sulphur Market Report

In its latest report, FMI offers an unbiased analysis of the global elemental sulphur market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of source (gas-based, oil-based, and mining), and applications (agrochemicals, chemicals & petroleum refinery, rubber & plastics, mining & metallurgy, and paper & pulp) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Auger Powder Filling Machines Market Research Report by Type, by Production Technology, by Application, by Function – Global Forecast to 2030

Global Auger Powder Filling Machines Market: IntroductionThe global market for auger powder filling machines is characterized by auger filling machines supplied for applications into end use products such as milk powder, ground coffee, soup mix, tea powder, coffee powder, baking mixtures, spices, etc.

Auger powder filling machines offer the functionality of precise filling of end use products in powder forms. The effectiveness of design and technology of auger powder filling machines depend on the consistency of product density along with the homogeneity in filling process.

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Manufacturers of auger powder filling machines supply auger powder filling machines to clients from diverse end user base including food, pharmaceuticals, chemicals and fertilizers.

Global Auger Powder Filling Machines Market: Market Dynamics

Packaging market is hugely subject to the advancement and improvements in the packaging technology existing in the global market. Supply capabilities of both the global and domestic players influence the global market for auger powder filling machines market.

Manufacturers of auger powder filling machines incorporate advanced technologies such as language specific user interface, touch screens and programmable logic controller (PLC) system. Incorporation of advanced technologies have facilitated convenient user experience and enhanced the market appeal of auger powder filling machines market.

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The global auger powder filling machines market is heavily influenced by advancement and technological revolutions in the packaging market in regions with high technology exports. Stainless steel used for manufacturing of the auger powder filling machines facilitate the longer life span and convenient maintenance.

The global market for auger powder filling machines is witnessing rapid advancements in terms of research and development invested in technological changes.

Technological changes and improvements are particularly targeted to enhance the performance of electronic sensing and weighing mechanism. Technological developments in the functionality of auger powder filling machines market has resulted into reduction in error rates and improved efficiency of the machines.

High growth regions in Asia Pacific and Latin America has witnessed an inroads made by modern retail formats leading to considerable growth in the global food industry. Global demand for packaging of food products has created substantial market opportunities for filling machines such as auger powder filling machines.

The global marker for auger powder filling machines is characteristically influenced by packaging technology supplied to cater the needs and preferences of food industry. Packaging technology catering to the packaging needs of food products have to consider consistency in the filling of food products.

The packaging speed and load capacity of auger powder filling machines considerably determines the effectiveness in the performance of auger powder filling machines.

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Global Auger Powder Filling Machines Market: Regional Outlook

The global market for auger powder filling machines is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan

Global Auger Powder Filling Machines Market: Competitive Landscape

Some of the players engaged in the global market for auger powder filling machines market include All-Fill Inc., Per-Fil Industries Inc., Busch Machinery, Inc., Spee-Dee Packaging Machinery, Inc., Vista Technopack Machines, and Accutek Packaging Equipment Companies Inc.

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & 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 Auger Powder Filling Machines Market: Market Segmentation

The global market for auger powder filling machines is segmented by machine type, by packaging type and by application.

As per machine type, the global market for auger powder filling machines is segmented as follows:

  • Automatic
  • Semi-Automatic

As per Packaging type, the global market for auger powder filling machines is segmented as follows:

  • Bottles
  • Cans
  • Pouches
  • Others

As per application type, the global market for auger powder filling machines is segmented as follows:

  • Food
  • Milk Powder
  • Coffee
  • Tea
  • Spices and Condiments
  • Soup Mixtures
  • Meat Powders
  • Sugar
  • Other Food Products
  • Pharmaceuticals
  • Industrial Chemicals
  • Fertilizers
  • Others

Air Transport MRO Market is poised to exhibit a 4.8% CAGR during the assessment period 2021 – 2031

In a recent market study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global air transport MRO market to reach US$ 72.6 Bn in 2021. With gradually increasing air travel and cargo transport rates, the market is poised to exhibit a 4.8% CAGR during the assessment period.

Sales of air transport MRO services witnessed a downturn in 2020 due to the travel restrictions imposed to contain the novel coronavirus outbreak. However, with resumptions in movement, the market experienced year-over-year growth by 5.0% between 2020 and 2021.

As the pandemic caused various airlines to park aircraft fleets for prolonged periods of time, the demand for air transport MRO services experienced upticks. This has created lucrative opportunities for players operating in the market.

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Apart from this, the emergence of connective technologies such as blockchain, cloud computing, and digital twins in aircraft maintenance will continue driving market growth during the forecast period. MRO service providers are benefitting from launching data-driven MRO solutions and the trend is anticipated to prevail in the forthcoming years.

As per FMI’s regional analysis, the U.S. is anticipated to dominate the North American air transport MRO market. Growth can be attributed to expansions in the aviation industry and stringent government regulations mandating the timely inspection of aircraft for maintenance. Additionally, the presence of leading MRO service providers and OEMs will continue driving developments in the air transport MRO market.

“Product developments by OEMs in collaboration with MRO service providers, coupled with expansion of the aviation industry in emerging economies will continue augmenting market growth through 2031,” says the FMI analyst.

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Key Takeaways:

  • Applications of air transport MRO in the engine segment are estimated to remain high through 2031.
  • Based on aircraft type, narrow-body aircraft will dominate the segment.
  • The U.S. is anticipated to experience high demand for air transport MRO services, owing to the presence of leading players and a vast military and commercial aviation fleet. The North American air transport MRO market is projected to grow at a 4.5% CAGR.
  • The U.K. will emerge as a lucrative market, owing to growing demand for MRO services in the VIP and private jet sectors. The European market is poised to expand at a 4.0% CAGR.
  • Demand for air transport MRO will rise at a positive pace in China, due to the addition of new airlines and aircraft fleets.
  • Japan and South Korea will collectively account for 4.8% of the total market share.

AAR Corporation, Air France Industries KLM Engineering & Maintenance, Delta TechOps (Delta Corporation Ltd, Hong Kong Aircraft Engineering Company (HAECO) Ltd, Lufthansa Technik AG, Turkish Technic Inc., Singapore Technologies Engineering Ltd, Guangzhou Aircraft Maintenance Engineering Company Limited, Sabena Technics, Aeroman, Airbus SAS, and SIA Engineering Company (SIAEC) are among the air transport MRO market players, as profiled by FMI.

Top 5 players comprise Hong Kong Aircraft Engineering Company Limited, Singapore Technologies Engineering Ltd, Air France–KLM, AAR Corp., and Lufthansa Technik AG, holding 11% of the total market share.

As a part of their growth strategies, prominent players operating in the global air transport MRO market are concentrating on mergers, collaborations, and acquisitions to expand their global footprint. For instance:

  • In May 2021, Lufthansa Technik and Airbus teamed up to offer customers with a reversible cargo-in-cabin solution to satisfy urgent flying and transport requirements easily.
  • In June 2021, Turkish Technic and Boeing announced the renewal of their tailored package parts agreement, extending the MRO service providers’ contract by three years. The contact will allow Turkish Technic to reinforce its reliability, efficiency, and access to a global market of parts and component services.

Air transport MRO Market by Category

By Application Type: 

  • Airframe
  • Engine
  • Component
  • Line

By Aircraft Type:

  • Narrow Body Aircraft
  • Wide-Body Aircraft
  • Regional Jet
  • Turbo Prop

By Region: 

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • India
  • South East Asia & Others (SEA)
  • Middle East & Africa (MEA)

Table Of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

  1. Air Transport MRO Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.3.1. Global GDP by Region and Country

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Trends

3.5. Supply Chain Analysis

3.6. Forecast Factors – Relevance & Impact

  1. Global Air Transport MRO Market Analysis 2016–2020and Forecast 2021–2031

4.1. Market Volume (Units) Projections

4.2. Pricing Analysis

4.3. Market Size Projections

4.3.1. Y-o-Y Projections

4.3.2. Absolute $ Opportunity Analysis

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Key Points Covered in Air Transport MRO Market Survey

  • Market estimates and forecast 2021-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Air Transport MRO Market and how to Navigate
  • Recommendation on Key Winning Strategies

About Future Market Insights (FMI)

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

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
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United Arab Emirates
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Website:
 https://www.futuremarketinsights.com/

Emission Control Catalyst Market valuation of US$ 20.06 Bn during the forecast period 2021-2031 | Johnson Matthey, BASF SE, Haldor topsoe, Umicore

According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031.

As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during the forecast period 2021-2031. The market valuation is projected to exceed US$ 8,070 Mn by 2031, registering the sales of 23,22,736 tons of emission control catalysts in 2021.

Expansion of the automotive industry, coupled with implementation of stringent government regulations regarding toxic gas emissions from vehicles and industries, is bolstering the demand for emission control catalysts.

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Increasing adoption of energy and fuel-efficient vehicles in developed regions such as the U.S., Germany and the U.K. will further boost the market growth in the upcoming decade.

The rising demand for lightweight passenger vehicles in developing regions such as China, Japan, India and Brazil will provide lucrative opportunities to the manufacturers operating in the market.

Key Takeaways from FMI’s Emission Control Catalyst Market Study

  • Palladium-based catalyst will dominate the product segment throughout the forecast period.
  • Demand in mobile equipment is anticipated to rise at a higher pace.
  • The U.S. will showcase high demand for emission control systems due to rising automobile sales.
  • The U.K. will emerge as a leading emission control catalyst market owing to implementation of stringent regulations and the presence of leading players.
  • Rising population and increasing adoption of new-energy vehicles across the country will bolster sales in China.
  • South Korea and Japan will account for approximately 7.50% of the total market share.

“Growing consumer preference towards energy-efficient vehicles, coupled with stringent government regulation regarding emissions will fuel the growth,” says the FMI analyst.

Competitive Landscape

Johnson Matthey, BASF SE, Haldor topsoe, Umicore, Corning Inc., Clariant AG, Zeolyst International, Heraeus Holding, Solvay SA, Cormetech, NGK Insulators Ltd., Aristo Global, Nett Technologies Inc. are some key players operating in the emission control catalyst market.

As per FMI’s analysis, key players are focusing on thorough research and development to enhance and expand their product portfolio.

Major players are also establishing tie-ups and targeting mergers and acquisitions with regional players for the expansion of their company, along with innovations in design and efficiency of their product range. For instance

  • In March 2019, Johnson Matthey launched a newly developed automatically regenerating Active DPF diesel particulate filter (DPF) system for stationary diesel engines, adding to the company’s robust portfolio.
  • In December 2018, the BASF SE opened a new site in Pudong, Shanghai, China for the product of its mobile emission catalysts, expanding the facility by more than 30,000 square meter to support the increased production.

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Emission Control Catalyst Market by Category

By Product Type

  • Diesel Based Emission Catalyst
  • Diesel Oxidation Catalyst (DOC)
  • Selective Catalytic Reduction Catalyst (SCR)
  • Catalyzed Soot Filter/ Diesel Particulate Filter
  • Ammonia Oxidation Catalyst (AMX)
  • NOx Adsorbers
  • Gasoline Based Emission Catalyst
  • Palladium based catalyst
  • Rhodium based catalyst
  • Platinum based catalyst

By Application

  • Mobile Equipment
  • Heavy-Duty Vehicles
  • Off-Road Vehicles
  • Passenger Cars & Light Duty Vehicles
  • Motorcycles, Scooters and Three Wheelers
  • Gardening Equipment
  • Stationary Equipment
  • Industrial Engines
  • Generators
  • Off-Road Equipment

By End Use

  • OEM
  • Retrofit

By Pollutant Type

  • Nox
  • CO
  • Hydrocarbons or Volatile Organic Compounds –
  • (HC/VOC)
  • HAPs
  • DPM (Diesel Particulate Matter)
  • NH3 (Ammonia)

By Region

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

Table Of Content

  1. Executive Summary

1.1. Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

2.3. Catalyst Market Overview

  1. Market Viewpoint

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

  1. Global Emission Control Catalyst Market Analysis 2016 – 2020 and Forecast 2021 – 2031

4.1. Introduction

4.1.1. Market Volume Projections

4.1.2. Market Size and Y-o-Y Growth

4.1.3. Absolute $ Opportunity

4.2. Global Supply Demand Scenario

4.3. Value Chain

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Key Points Covered in Emission Control Catalyst Market Survey

  • Market estimates and forecast 2021-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Emission Control Catalyst Market market and how to Navigate
  • Recommendation on Key Winning Strategies

About Future Market Insights (FMI)

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

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

Roll Forming Machine Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2030

Roll Forming Machine Market Overview

Roll forming is a type of rolling involving the continuous bending of long strips of sheet metal which are typically coiled steel into any desired cross-section. In roll forming machines the metal strips which are to be formed into desired shapes are passed through sets of rolls mounted on consecutive stands, where each set only performs an incremental part of the bend, till the desired cross-section is obtained.

Roll forming machines are ideal for large quantities, producing constant-profile parts with long lengths. Roll forming machines are available in different sizes, shapes, and material thickness. Roll forming machine achieves variations in size by making the distance between the rolls variable by computerized or manual adjustments which allows rapid changeover.

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The portable based roll forming machines has been bringing metal roof manufacturing to the job site making it easy for the requirements. On site roll forming machines eliminates shipping damages many size errors and short shipments and provides freight and packaging savings.

Global Roll Forming Machine Market: Market Dynamics

The global roll forming machine market is driven by manufacturing and automation industry as roll forming has a significant and a puzzling peculiarity. Since past few years roll forming machine has developed to be the most productive metal forming technology.

Owing to the high efficiency of roll forming machine the labor content of many products is drastically reduced. The challenges faced by the roll forming machine market would be the tighter profile tolerances, compressed lead time, wider product ranges. The equipment based manufactures who use roll forming machines face problem with more flexibility, cost of the roll forming machine and to produce a wide range of products which are productive.

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The challenges with roll forming machine can be eliminated by enhanced product design, improved materials, better and more efficient equipment, improved tooling and better educated and motivated work force. The progress of the roll forming machine market is driven by fast changing technology tougher requirements and growing global competition.

With tougher requirements it takes more time and costs more for the roll forming machine.

Global Roll Forming Machine Market: Segment Overview

Global roll forming machine are widely used by manufacturing and automation industries.

Global Roll Forming Machine Market: Regional Overview

Based on the geographies, the global roll forming machine market is fragmented into seven key regions- Latin America, North America, Eastern Europe, Western Europe, Middle East & Africa Asia-Pacific except Japan, Japan. Among the regions mentioned above in North America most of the steel produced are processed through roll forming machines which is widely used in automotive industry.

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Followed by Western Europe Overall the global roll forming machine market are expected to witness the high growth with increased opportunities in the manufacturing environment over the next forecasted year.

Global Roll Forming Machine Market: Market players

Some of the market players identified in the global roll forming machine market includes:

  • Samco Machinery
  • ENGLERT INC.
  • Zeman Bauelemente – Mechanical Engineering
  • Form Process Engineering
  • Howick Ltd
  • Metform international Ltd.
  • GASPARINI S.p.A.
  • Formtek
  • Hayes International

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 categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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 Roll Forming Machine Market: Market Segmentation

On the basis of process, the global roll forming machine market is segmented into:

  • Pre-punch
  • Mid-line punching
  • Post punching

On the basis of machine type, the global roll forming machine market is segmented into:

  • Computerized
  • Manual

On the basis of type, the global roll forming machine market is segmented into:

  • Portable
  • Non portable

On the basis of product type, the global roll forming machine market is segmented into:

  • Roofing sheet
  • Roof panel
  • Ceiling sheet
  • C-Z purling
  • Corrugated

On the basis of application, the global roll forming machine market is segmented into:

  • Open loop stopping
  • Open loop flying die
  • Closed loop stopping
  • Closed loop flying die

On the basis of end users, the global roll forming machine market is segmented into:

  • Manufacturing industry
  • Automotive industry

Hydrostatic Transmission Market estimated at a CAGR value of over 5.9% during 2021-2031

On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031.

By capacity, in terms of value, medium duty segment will continue to represent maximum market value, owing to higher end use applications and ideal weight for transmission purpose compared to light duty and heavy duty equipment.

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Adoption of Hydrostatic Transmission Pushed up by a Broadening Application Base in Agricultural Industry

Global hydrostatic transmission market is primarily driven by increasing agricultural activities, leading to the demand and availability of an extensive range of agricultural equipment. One of the top advantages that hydrostatic transmission offers when used in such vehicles is its capability to deliver precise amount of power at low speed and high torque, simultaneously. This attribute makes it an ideal transmission system for off road vehicles, including those used in construction machinery, mining equipment, and material handling equipment.

Additionally, hydrostatic transmission is more versatile when compared to its mechanical counterparts, wherein a variable output can be achieved through fixed input power and other combinations unlike mechanical transmission. The changes in step-less speed ratio of hydrostatic transmission also makes it an attractive prospect for the OEMs to capitalize on, for their products.

Hydrostatic transmission is also preferred by various end users owing to other myriad advantages such as low inertia, high torque-to-speed ratio, and dynamic braking, which are expected to further encourage the growth of market in next few years.

However, there are some disadvantages associated with using hydrostatic transmission which can hinder the growth of the market in the upcoming years. Some of the factors include high occurrences of internal fluid leakage or backward flow, high initial cost and maintenance requirement, lower efficiency than mechanical transmission system, and varying temperature spots within the transmission system.

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Market segmentation

The market segmentation offered in the report study is mentioned below:

By Capacity

  • Light Duty
  • Medium Duty
  • Heavy Duty

By Operation Type

  • VDM-CDP
  • VDP-CDM
  • VDM-VDP

By End User

  • Agriculture
  • Construction & Mining
  • Logistics & Transport
  • Others

By Region

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

Table Of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Dynamics

1.3. Market Analysis

1.4. FMI Analysis and Recommendations

1.5. Wheel of Fortune

  1. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

  1. Global Hydrostatic Transmission Market Analysis Scenario

3.1. Introduction

3.1.1. Market Volume Projections

3.1.2. Market Size and Y-o-Y Growth

3.1.3. Absolute $ Opportunity

3.2. Value Chain

3.3. Pricing Analysis, 2017

3.4. Macro-Economic Factors

3.5. Market Attractiveness

3.6. Market Dynamics

3.6.1. Drivers

3.6.2. Restraints

3.6.3. Trends

3.6.4. Opportunities

3.7. Forecast Factors: Relevance and Impact

3.8. Porters’ Five Forces Analysis

3.9. Patent Filings

3.10. Market Participants Opinion

  1. Global Hydrostatic Transmission Market Analysis 2016 – 2021 and Forecast 2021 – 2031, By Capacity

4.1. Introduction / Key Findings

4.2. Historical Market Size (US$ Mn) and Volume (‘000 Units) Trend Analysis By Capacity, 2016 – 2021

4.3. Current Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Capacity, 2021 – 2031

4.3.1. Light Duty

4.3.2. Medium Duty

4.3.3. Heavy Duty

4.4. Market Attractiveness Analysis By Capacity

4.5. Section Summary

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US & Canada Collectively Enable North American Market for Hydrostatic transmission to Deliver Top-notch Performance

As indicated by the regional analysis included in the report, Western Europe is expected to remain dominant throughout the forecast period. Other key markets, i.e. Western Europe, North America, and China will also continue to witness promising growth, in terms of demand and manufacturing of various end use equipment.

North American market is expected to position itself as a renowned off road vehicle manufacturer region, as both the US and Canada are foreseen to significant contribute to the growth of regional market.

Markets in developing economies of Latin America, Middle East & Africa, and Eastern Europe will possibly hold relatively smaller market value shares due to limited production of end use equipment within these regions. However, the market share estimate for Eastern Europe may improve in the next few years, owing to improving agricultural equipment manufacturing scenario in Russia.

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Lidding Films Market Current and Future Demand, Analysis, Growth and Forecast By 2027, Report

Lidding Films Market Overview

Recent years have seen a dynamic shift in the manufacturing of the product and its packaging. Lidding Films manufacturers are mainly focusing on upgrading new technology and implementing it in packaging materials.

Lidding Films are usually used for covering trays, tubs, bowls, cups, etc. due to the strength it possesses such as high tensile, heat resistance and stability. Lidding Films are also eco-friendly and are available in the biodegradable form which is helpful for protecting environmental.

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In addition, lidding films also increases the shelf life of the product due to its high barrier resistance. Lidding films are also useful in cargo packaging due to its high tensile strength. Lidding Films are also process optimized which helps in giving a cost effective due to the cheaper raw material.

Global Lidding Films – Market Dynamics:

Lidding Films hold escalation due to upsurge demand for food packaging and this resulted in the expansion of the sales for lidding films so that it can provide extended shelf life to the products and this trend is expected to grow over the forecast period 2017-2025.

Lidding Films market have seen an increase in the penetration of retail outlets in Asia Pacific region which are driving the demand for lidding films market. In addition, lidding films market is positively influenced by the change in lifestyle of developing countries across the globe and are fueling in demand.

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With the increasing population, the need for packaging of fresh food is increasing which has created a significant opportunity for lidding films. However, lidding films are not able to protect the food products from physical and chemical damage externally which can create a restraint for its market. Furthermore, lidding films have concerns regarding the environmental effects of the use of plastic disposal from the government.

Global Lidding films – Regional Overview:

The global lidding films market can be divided into seven major regions which are as follows:

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

North America region is estimated to dominate the lidding film’s market over the forecast period due to demand for packaged food. Europe region is also expected to witness a steady growth for lidding films market throughout the forecast period. In Asia Pacific region, lidding films market is expected to have the highest growth over the forecast period.

Furthermore, the market for lidding films in Asia Pacific region is mainly dominated by China and India due to its vast scope for rapid industrialization. Latin America and the Middle East & Africa region are expected to have a steady growth for lidding films market.

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Global Lidding Films – Key players:

Few of the key players in lidding films are Sealed Air Corp, Amcor Limited, E.I. du Pont de Nemours & Co, Bemis Company, Inc., Berry Global, Inc., Winpak Ltd., Plastopil Hazorea Company Ltd, Danafilms Corp., Cosmo Films Ltd, Flexopack SA, Chaozhou Chaoan Keneng Print Co., Ltd., Jiangmen Pengjiang Hualong Packing Materials Co., Ltd, Shantou Weiyi Packaging Co., Ltd., Zhongsu New Materials Technology (Hangzhou) Co., Ltd., Dongying Jiachuan Commerce And Trade Co., Ltd., etc.

Amcor Limited launched a new innovative range of lidding films which are fully recyclable. Cosmo films launched a new range of universal lidding films which can be used for all types of thermoformed plastic containers.

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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

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

The 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
  • The 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 Lidding Films- Market Segmentation:

The lidding films can be segmented by the product type, substrate, by application, and by end use industry.

On the basis of product type, the global Lidding Films is segmented into:

  • Dual-Ovenable Lidding Films
  • Specialty Lidding Films
  • High Barrier Lidding Films
  • Breathable Lidding Films

On the basis of substrate, the global Lidding Films is segmented into:

  • PE
  • PET
  • CPET
  • APET
  • RPET
  • PP
  • PVC
  • HIPS
  • Paperboard
  • Others

On the basis of application, the global Lidding Films is segmented into:

  • Fresh Food
  • Frozen Meals
  • Meat, seafood & poultry
  • Dairy products
  • Pet food
  • Industrial
  • Others

On the basis of end use industry, the global Lidding Films is segmented into:

  • Packaging
  • Cosmetics & Personal Care
  • Pharmaceutical
  • Automobiles
  • Electrical & Electronics
  • Chemical
  • Others

Cyclic Olefin Polymers (COP) Polymer Syringes Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2027

Cyclic Olefin Polymers (COP) Polymer Syringes Market Overview

COP (Cyclic-Olefin-Polymer) Polymer Syringes are well-known by a high degree of transparency like glass which is break resistance and is low in oxygen infusion as compared to the various plastics. COP (Cyclic-Olefin-Polymer) Polymer Syringes are majorly used for aseptic filling. COP (Cyclic-Olefin-Polymer) Polymer Syringes does not release any alkali icons, which means there is no risk of pH value shift.

The production with the Syringes molding process helps in supporting the flexible designs to customers as compared to glass syringes COP (Cyclic-Olefin-Polymer) Polymer Syringes are more precise production which makes a higher degree of customized solutions.

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COP (Cyclic-Olefin-Polymer) Polymer Syringes are high tech as it has outstanding barrier properties and has no heavy metal issue and is lower particle level than glass. COP (Cyclic-Olefin-Polymer) Polymer Syringes has no barrier to moisture. COP (Cyclic-Olefin-Polymer) Polymer Syringes offers greater robustness and ease of application to the end users. High design flexibility allows customized solutions.

Global Cyclic olefin polymers (COP) Polymer Syringes Market: Regional Outlook

On the basis of the geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle East and Africa.

In Regional segments, North America is the biggest market of the Global Cyclic olefin polymers (COP) Polymer Syringes industry, followed by Europe. Asia-Pacific is anticipated to grow its position during the forecast period for Cyclic olefin polymers (COP) Polymer Syringes market mainly due to the developing economies like India and China as there are various factors like the improvement and advancement in technology,

increasing number of global players in various regions, increasing number of healthcare services, favorable regulatory policies and rising growth of aging population are driving the growth of the Asia-Pacific Cyclic olefin polymers (COP) Polymer Syringes market.

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In APAC, the Cyclic olefin polymers (COP) Polymer Syringes market is anticipated to rise due to the ongoing vaccination programs which are supported by the World Health Organization and UNICEF,  various U.S. based enterprises are capitalizing and growing awareness level regarding the consequences of insecure injection practices is also boosting the market.

Global Cyclic olefin polymers (COP) Polymer Syringes Market: Drivers and Restraints

The Cyclic olefin polymers (COP) Polymer Syringes Market is expected to witness sustained growth over the forecast period. The growth of the cyclic olefin polymers (COP) Polymer Syringes market is driven as there is favorable growth in the packaging industry mainly in the healthcare sector is a major factor which will boost the global cyclic olefin polymers (COP) Polymer Syringes market as COP Polymer Syringes are break resistant, light weight and transparent with a glass like appearance.

Glass rules the prefilled syringe market, but the usage of the polymer is anticipated to grow in the forecast period. Glasses are excellent barrier properties and regulatory which ease and also is a first prime choice for drug producers but polymer’s constancy has wide design options which are an attractive choice because of the cyclic olefin polymers (COP) Polymer Syringes properties.

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Global Cyclic olefin polymers (COP) Polymer Syringes Market: Key Players

Some of the players operating in the cyclic olefin polymers (COP) Polymer Syringes Market includes Becton, Dickinson and Co, Schott AG, West Pharmaceutical Services Inc., Gerresheimer AG, Vetter Pharma International GmbH, JSR Corp, Baxter International Inc.,

TOPAS Advanced Polymers, Terumo Corp and many other regional players. Manufacturers are investing in R&D and also focusing on different strategies to maintain their market share in the global cyclic olefin polymers (COP) Polymer Syringes market.

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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

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

The 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
  • The 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 Cyclic olefin polymers (COP) Polymer Syringes Market: Segmentation

Based on the Usage, cyclic olefin polymers (COP) Polymer Syringes market can be segmented into:

  • Emergency Drugs
  • Diluents
  • Infusion
  • Hyaluronic Acid
  • Specialty Injectable

Based on the End User, cyclic olefin polymers (COP) Polymer Syringes market can be segmented into:

  • Hospitals
  • Home Care

Based on the Therapy, cyclic olefin polymers (COP) Polymer Syringes market can be segmented into:

  • Insulin
  • Tuberculosis
  • Growth hormones
  • Others

Based on the Volume quantity, cyclic olefin polymers (COP) Polymer Syringes market can be segmented into:

  • Small Volume Syringes (1-5 ml)
  • Medium Volume Syringes (10, 20 ml)
  • Large Volume Syringes (50 ml)

Molded Underfill Material Market Development Status, Competition Analysis, Type and Application 2027

Molded Underfill Material Market Overview

Underfill materials are compound formulations of inorganic fillers and organic polymers which are applicable in semiconductor packaging to attain enhanced thermo mechanical enactment.

Molded underfill material are mold materials used as over mold compounds in wire bonded or flip chip CSP devices. Flip chip is a major application for molded underfill material. The growing demand for smaller, lighter, efficient, and cost effective devices has tensed notable consideration towards the molded underfill material.

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Further, molded underfill is a most significant techniques that is used for the application of underfill materials. Due to increasing price from end use industry, molded underfill material relatively cost effective technique and being a conventional process technique.

Molded Underfill Material Market: Drivers & Restraints

The major factors which are boosting the growth of molded underfill material market are increasing use of molded underfill material in flip chip packages. The prominent trends from consumer side are driving the global molded underfill material market growth. The growing demand for high performing, low cost, small size devices is a key driving factors for global molded underfill material market growth.  ‘

Moreover, high usage of molded underfill material from wafer level packaging and flip chip packaging due rising demand in tablets and smart phones is a prominent driving factor for global molded underfill material market demand over the forecast period.

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Further, advancement and up-gradation in technology for molded underfill material market is directly effect by the innovation and coming advancements in electronic industry. In addition, few molded underfill material manufacturers in the market are offering molded underfill material products with lead free solder paste.

The global underfill material, a parent market for the global molded underfill material market is growing rapidly to continually expand at high CAGR in coming years. Global flip chip market is accounting high growth and is estimated to register significant growth in coming years which in turn increasing the growth of molded underfill material market.

Molded Underfill Material Market: Regional Outlook

Regarding geography, molded underfill material market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa.

Molded underfill material market is expected to register healthy CAGR during the forecast period due to high demand of molded underfill material in wide range of application such as flip chips, ball grid array (BGA), and chip scale packaging (CSP) across the region.

In terms of regions, North America accounts for significant share for molded underfill material market, owing to the high demand from smart and advanced packaging in the region as related to other developed regions. In terms of developing region of Asia-Pacific, the growth of the molded underfill material is comparatively high and with high CAGR in forecast period owed to factors such as such as globalization, rapid economic development, and increasing demand of the molded underfill material in packaging industry and its sub-verticals, and high usage of the molded underfill material in media and automotive industry.

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In addition, Over the forecast period, Asia-Pacific market for is anticipated to grow significantly owing to the growth of packaging industry in the region. Overall, the global market for molded underfill material is expected to grow significantly by the end of forecast period.

Molded underfill material market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to the growth of smart packaging market and increasing usage of molded underfill material in different industry verticals, especially in China and India. The molded underfill material market is growing at faster rate and is expected to grow at high CAGR in forecasted years.

Molded Underfill Material Market: Few Players

Few players identified in molded underfill material market are:-

  • Henkel
  • Won Chemicals Co. Ltd.
  • Epoxy Technology Inc.
  • AIM solder
  • Namics Corporation
  • 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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

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

The 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
  • The 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.

Molded Underfill Material Market: Market Segmentation

The molded underfill material market is segmented into three parts based on technology types, application types, and geography.

Based on the technology type application molded underfill material market is segmented into:

  • Differential Scanning Calorimeter (DSC)
  • Thermo-gravimetrical Analyzer (TGA)
  • Thermal Mechanical Analyzer (TMA)
  • Coefficient of Thermal Expansion (CTE)
  • Dynamic Mechanic Analyzer (DMA)
  • Others

Based on the application molded underfill material market is segmented into:

  • Flip chips
  • Ball grid array (BGA)
  • Chip scale packaging (CSP)

Demand for Thermal Insulation Packaging to Rise at 18.3% CAGR in Pharmaceutical Industry: New Study

Rising applications within the pharmaceutical sector is a chief driver of the thermal insulation packaging market. In a new study, Future Market Insights (FMI) has predicted the market to reach a valuation of US$ 58.37 Bn in 2021. Within the pharmaceutical industry products are often shipped across the globe.

Pharmaceutical logistics is a complex web of local, regional and international chain that requires multiple modes of transportation. Air and ground have been the most preferred modes of transportation, however sea freight is also gaining traction nowadays.

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Specialized production of pharmaceuticals and high value ingredients used for production of medicines mean that the products need to move faster and at a larger scale through multiple climatic zones. Rapid expansion of emerging markets demands new or more efficient shipping lanes. The emergence of new markets have led to the challenge of distribution of temperature sensitive pharmaceuticals to a wide geographical reach.

Shipping of temperature sensitive pharmaceutical products requires protection from improper handling, undesired weather, and any other unpredictable factors all while ensuring a constant temperature range. This is anticipated to drive adoption of thermal insulation packaging within the industry.

Besides this, demand from food and beverages sector is set to rise significantly, giving impetus to the market between 2020 and 2030. FMI has projected the food and beverages sector to remain dominant through the forecast period, however, the pharmaceuticals sector is likely to exhibit growth at a higher rate.

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Key Takeaways of Thermal Insulation Packaging Market Study

  • Thermal insulation packaging is forecast to register high near-term growth. According to FMI, the market will rise at 17.3% CAGR over the assessment period
  • Demand from the U.S. will remain crucial to growth registered, as it is expected to account for dominant 86.6% of the North America market in 2021
  • Within Europe, the U.K. will continue exhibiting high demand, registering above 18% Y-o-Y growth in 2021
  • France and Germany will emerge as other key markets for thermal insulation packaging, with demand in both countries increasing at a robust pace through 2030
  • Japan, South Korea, and China will emerge as strong markets for thermal insulation packaging. Of these, China will remain dominant in East Asia through assessment period

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“Pharmaceutical industry is witnessing a massive shift from chemically derived products towards biologics and biosimilars. It is anticipated that new drugs to be launched in the market in the next five to ten years will be highly sensitive biologics or biosimilars. Sophisticated drugs will create and expand cold chain challenges, which is likely to create opportunity for thermal insulation packaging market.” says an FMI analyst.

Thermal Insulation Packaging Necessary to Maintain the Integrity of Perishable Food Products

The thermal insulation packaging system is necessary for maintaining the integrity of the perishable food products. Seafood is in high demand since past few years due to its nutritional benefits and changing dietary habits of consumers. Seafood’s quality is utmost high when it is caught, however over time the quality and freshness of the food product degrade.

This decays the natural goodness, vitamins and minerals of the food product making it unfit for consumption. From the regulatory aspect, fresh seafood should be stored at 0°C and frozen seafood should be stored at –18°C or lesser throughout the cold chain.

Small gaps or fluctuations in the temperature range can cause quality degradation or spoilage to the food product. Food wastage is loss of natural seafood resource and harvesting cost. Global trade of perishable food products has grown rapidly in the last decade. This has significantly boosted demand for refrigerators, freezers, insulated containers and shippers.

Impact of COVID-19 on Thermal Insulation Packaging Market

Demand for thermal insulation packaging is anticipated to grow due to the COVID 19 pandemic. The global battle to fight against the virus has raised the need for crucial pharmaceuticals to be shipped around the world at a large scale and unprecedented speed.

Right from antigen testing to antibody testing to vaccines and medicines to treat the symptoms of the virus, everything creates demand for pharmaceutical logistics for temperature sensitive products.

Insulated shippers, pouches and boxes have been in high demand to ship the products across the world. Further, COVID-19 vaccines being on the horizon ready for mass distribution provides lucrative opportunities for the thermal insulation packaging market to grow exponentially.

Who is Winning?

Emball’ISO, Sonoco ThermoSafe, Pelican Products, Inc., Cold Chain Technologies, Inc., Sofrigam SAS, CSafe Global, LLC, Insulated Products Corporation, Cryopak Industries Inc., Snyder Industries, Inc., va-Q-tec AG, Inmark LLC, DGP Intelsius Ltd.,

Softbox Systems Ltd., Envirotainer Ab, Aeris Dynamics Pte Ltd, Global Cold Chain Solutions, Thermo Fisher Scientific, Inc, Helmer Scientific Inc., Global Cooling, Inc., PHC Holdings Corporation, BINDER GmbH, Esco Micro Pte Ltd., Labcold Ltd, ARCTIKO A/S, Eppendorf AG, So-Low Environmental Equipment Co.,

Azbil Corporation, Haier Biomedical Co. Ltd, Philipp Kirsch GmbH, EVERmed s.r.l and The Sure Chill Company Limited are prominent players in the thermal insulation packaging market. The thermal insulation packaging market is fragmented and the Tier 1 players in the market hold 20-25% share in the global thermal insulation packaging market.