Solid Board Market is projected to register a CAGR of 4.3% during the forecast period 2019 – 2029

The rising demand for solid boards can be attributed to their increasing application for manufacturing packaging and promotional products such as boxes, layer pads, and POP displays. Solid boards are mostly preferred for manufacturing boxes, as they have a flat and compact structure and better printability. Moreover, solid boards are made from recycled paper and are also fully recyclable. Key drivers driving the growth of the solid board market are point-of-sale appeal and cost-effective packaging solutions, coupled with sustainability offered by solid boards over alternatives such as plastic or metal products. Moreover, rising consumer preference for eco-friendly products has boosted the demand for solid boards for manufacturing packaging & promotional products on a global scale.

On the back of these factors, the solid board market is projected to register a CAGR of 4.3% during the forecast period, and reach a valuation of US$ 13.2 Bn by 2029.

“Solid boards are ideal for manufacturing packaging solutions that can be used in humid conditions, and for packaging frozen food, fresh food, and flowers. The use of solid boards offers an attractive competitive advantage over other forms of packaging and promotional products, as these can improve distribution speed, reduce storage cost, and boost packaging efficiency.”

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Key Insights of Solid Board Market Study

  • Solid board made from virgin paper holds more than half of the total market share among all segments by material type in the global solid board market, as this type can be easily be cut and is suitable for printing. This segment is estimated to expand 1.2X its current value by 2023.
  • As per FMI analysis, the boxes segment is identified as the most preferred application of solid boards for packaging, as consumers are concerned about the environmental impact of packaging waste.
  • The food & beverage industry is projected to remain the key consumer for players in the solid board market during the forecast period, and is expected to grow by 1.5X its current value by 2029. Increased consumption of food & beverages such as fresh produce and frozen food in developed countries is anticipated to accelerate the demand for solid boards during the forecast period.

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Solid Board Market: Competition Landscape

Smurfit Kappa Group, International Paper, VPK Packaging Group NV, Metsä Board, and Sappi Limited are tier-1 market players operating in the global solid board market. Holmen Group, Billerudkorsnas AB, Mugler Masterpack Crimmitschau GmbH, WestRock Company, and Stora Enso have been identified as tier-2 market players in the global market. However, several unorganized and regional manufacturers may enter the solid board market through mergers or collaborations to compete with global players.

About Solid Board Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global solid board market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2029. The study reveals growth projections of the solid board market on the basis of material type (recycled paper and virgin paper), weight (up to 200 GSM, 201-300 GSM, 301-500 GSM, and above 500 GSM), application (boxes, pop displays, edge protectors, trays, and layer pads), and end-use industry (food & beverages, electrical & electronics, healthcare & pharmaceuticals, cosmetics & personal care, building & construction, tobacco packaging, and other industrial packaging), across seven regions.

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Explore FMI’s Extensive Coverage on Packaging Domain

Dairy Products Packaging Market: Widespread milk consumption on a global scale, applications of dairy products in the food and beverage sector, and strict food safety regulations are aiding growth

Disposable Cups Market: Consumer preference for eating out had the demand for on-the-go or take-away beverages exploding. Driven by this, the overall disposable cups sales are expected to total US$ 10.6 Bn in 2021

Paper Packaging Market: It suggests that the growing consumption of packaged food and consumer goods will boost the demand for paper packaging in the coming years

About Future Market Insights (FMI)

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

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Demand for ‘Easy’ & ‘Efficient’ Moulding Processes to Bolster Rotational Moulding Machine Sales, Finds FMI Study

A new market research report by Future Market Insights (FMI) investigates the rotational moulding machines market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global rotational moulding machines market reached revenues worth ~ US$ 800 Mn in 2018, primarily driven by the exponential growth of manufacturing ecosystems.

Growing demand for cost-effective machinery offering optimal productivity is one of the key factors expected to propel demand for rotational moulding machines in the upcoming years. In addition, massive outpour of investments in the plastics processing space is expected to drive the rotational moulding machines market growth in the next decade, states the FMI analyst.

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North America and Europe regions are expected to hold prominent market shares in terms of value, however, East Asia is expected to represent significant opportunities for companies active in the global rotational moulding machines market through 2029. Demand from end-use industries such as chemicals & petrochemicals and automotive & marine is expected to pin the East Asia rotational moulding machines market for exponential growth in the coming future.

Manufacturers Shifting Strategic Focus on ‘Customized’ Offerings

According to the FMI report, leading companies in the rotational moulding machines market are working on new strategy models to successfully bridge the supply-demand gap. With the rise of ‘customization’ trend, manufacturers are also offering tailor-made machines specifically designed as per the end user requirements. Manufacturers are also shifting their focus toward incorporation of new and advanced features in their machinery, which will ensure shorter processing cycles and higher efficiency irrespective of the material thickness.

The rock & roll rotational moulding machines are expected to hold prominent market value share in the global rotational moulding machines market. Production capacity remains the key USP pushing demand for these machines and these machines are mostly employed for manufacturing products with narrow and uniform thickness. Uniform thickness of a container/part not only enhances its visual appearance but also nourishes quality quotient of the finished product by a wide margin. Use of rotational moulding machines for manufacturing tanks & containers is likely to hold approximately half of the global market share in 2019, given that significant requirements for sturdy tanks and containers will continue to be put forth by the shipping industry in 2019 and beyond.

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The report highlights some of the prominent market players, who have established themselves as market leaders in the global rotational moulding machines market. Some of the key players operating in the global market are The Rotomachinery Group, Persico S.p.a., Shandong Zhongtian Rubber & Plastic technology Co., Ltd, Ferry Industries, Inc., Crossfield Excalibur Ltd, Orex Rotomoulding sp. z.o.o., Rotoline LLC, and Reinhardt GmbH.

The global rotational moulding machines market is consolidated with some of the players holding prominent shares of the market. There are relatively less number of manufacturers in the market. Manufacturers are investing in the carousel machines, independent arm machines, and also in shuttle machines which is expected to increase the rotational moulding machines market growth in the next ten years.

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About Packaging Division at Future Market Insights

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

Stereotactic Planning Software Spending Analysis Market valuation is expected to reach US$ 128.2 Million by 2031

Stereotactic planning software is an interactive software tool used in stereotactic planning applications of recording chamber placement and electrode trajectories. It combines basic trajectory planning to obtain arc settings with advanced planning capabilities that improve O.R. workflows, localization of functional areas, and deep brain stimulation (DBS). According to the recent Future Market Insights (FMI) report, the global stereotactic planning software spending analysis is estimated to be US$ 252.6 Mn in 2021, with a market CAGR of 4.6% during the forecast period (2021-2031).

The high prevalence of neurological disorders and small cell lung cancer is expected to boost the demand in the stereotactic planning software market. For instance, Parkinson’s disease and other movement disorders are estimated to affect 2.75 million people in the United States. According to DALY’s, in the U.S., stroke accounts for 3.58 Mn people, Alzheimer’s disease for 2.55 Mn, and migraine for 2.4 Mn.

Furthermore, increasing investments in better treatment options involving precision and artificial intelligence in the software provide impetus to the market by increasing the overall adoption rate. Patients are inclined towards safer and better treatment facilities with minimal incision. Stereotactic planning software facilitates surgeons to plan stereotactic surgery efficiently.

However, the unprecedented impact of the ongoing covid-19 pandemic has created a significant impact on the stereotactic planning software market due to a shortage of inpatient footfalls in hospitals and other centers.

Preference now is being given to the treatment of COVID-19 patients, thus halting product launches for stereotactic planning. Also, this has led to the postponement of the enrolment of the new participants is such studies. Now, with the availability and commencement of the COVID-19 vaccination, the research activities expected to resume in the near future.

Key Takeaways from Stereotactic Planning Software Spending Analysis Market Study

  • Integrated stereotactic planning solutions are expected to grow 2x by 2031 as compared to 2021 owing to ease of use and higher adoption rates.
  • CT scans are projected to capture over 46% of the global market by 2031. This is attributed to inherent accuracy in identifying and localizing intracranial lesions.
  • North America is the largest revenue-generating region for stereotactic planning software, with the U.S. accounting for over 79% of the regional market.
  • The U.K. holds the lead in Europe, accounting for over 37% of the region through the end of 2031.
  • East Asia is poised to grow at the highest CAGR of 5.3% during the forecast period with China accounting for over 62% of the market owing to the large subclinical patient pool of patients.

Growing cases of neurological disorders, small cell lung cancer, and prostate cancer, along with an increase in patient awareness and screening, favorable reimbursement scenarios, approvals, and grants for product development are factors influencing market growth. The implementation of artificial intelligence, the use of visual improvements in real-time are some of the upcoming trends that are expected to create growth opportunities for manufacturers through the assessment period,” says the FMI Analyst

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stereotactic planning software spending analysis key regions and solution type mekko chart, 2021

Who is Winning?Some of the leading companies operating in the stereotactic planning software spending analysis market are focusing on collaborations and mergers and acquisitions for global expansion options with a focus on emerging economies. Thus, enhancing their market presence. For instance,

  • In March 2021, RaySearch Laboratories AB (publ) announced a sales agent agreement with Canon Medical Systems USA, Inc., enabling RaySearch America’s salesforce to promote Canon Medical’s Aquilion Large Bore CT and Celesteion PET/CT products.
  • In March 2021, Brainlab announced the acquisition of Mint Medical GmbH. The acquisition aims to improve the structured diagnosis, analysis, and treatment of cancer and other diseases to address the demands of modern medicine and personalized treatments.

The key market players covered by FMI include Brainlab, Inc., Renishaw Inc., Inomed Inc., RaySearch Americas, Inc., Mevis Informática Médica, FHC, Inc., Integra LifeSciences Corporation, Elekta Solutions AB, and SurgiFRONT Ltd.

Want more insights?Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Stereotactic Planning Software Spending Analysis is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Stereotactic Planning Software Spending Analysis based on solution type (Stand-alone Stereotactic Planning Solution, Integrated Stereotactic Planning Solution, Services), imaging modality (CT Images, MR Images, Angiographic Images), and end-user (hospitals, ambulatory surgical centers, cancer research institutes) across seven major regions.

Stereotactic Planning Software Spending Analysis by CategoryBy Solution Type:

  • Stand-alone Stereotactic Planning Solution
  • Integrated Stereotactic Planning Solution
  • Services
    • Consulting & Implementation
    • Training Services
    • On-demand Support Services

By Imaging Modality:

  • CT Images
  • MR Images
  • Angiographic Images

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Cancer Research Institutes

By Region:

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

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

Contact:
Future Market Insights,
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Website: https://www.futuremarketinsights.com/

Sales of Linerless Labels Noteworthy in Retail; Digital and Flexo Printing Collectively Account for 50% Share in Global Market

Linerless labels are designed without a release liner, which reduces the amount of raw material required to manufacture labels, and makes these labels an eco-friendly alternative. Absence of a liner layer saves on extra labor, storage, and transportation costs for end users, and reduces industrial waste and carbon emission. These factors are expected to boost the demand for linerless labels substantially during the forecast period (2019-2029). Removable linerless labels are estimated to hold a leading position in the global linerless labels market, and generate an incremental opportunity of US$ 240 Mn from 2019-2024. Prominent packaging manufacturers are continuously striving to offer sustainable and environment-friendly packaging solutions to various end-use industries.

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Key Takeaways of Linerless Labels Market Study

  • Consistent growth of the logistics sector across all geographies, coupled with high requirement of linerless labels for inventory management, asset tracking, and goods distribution, is steadily driving the linerless labels market.
  • The retail industry is a prominent end user of linerless labels, owing to rising efforts across the world to reduce the incidence of counterfeiting.
  • North America and APEJ are expected to account for a major portion of the linerless labels market share. Rapid expansion of pharmaceutical and food & beverage industries is boosting the growth of the linerless labels market in these regions.
  • Digital printing and flexo printing are projected to dominate the global linerless labels market, and hold nearly half of the market share by the end of 2029.

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Manufacturers of linerless labels can gain substantial profits by focusing on the Asia Pacific excluding Japan region, attributable to rising demand for packaging solutions due to the rapidly growing food & beverage industry in this region.

linerless labels market region wise share

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Increasing Production Capacity and Acquisitions to Remain Key Growth Strategies

Prominent packaging manufacturers across the world have already shifted their focus from conventional packaging solutions to environment-friendly packaging solutions. This shift is majorly driven by increasing focus towards reducing waste, and high consumer preference towards highly sustainable and eco-friendly packaging solutions. Leading manufacturers are striving to maximize their manufacturing capacities to meet the rising demand for eco-friendly packaging solutions. Additionally, leading linerless label manufacturers are expanding business boundaries to reinforce their market position.

  • In June 2019, RR Donnelley & Sons Company, one of the leading manufacturers of linerless labels, expanded its liners less labels manufacturing platform by adding a new linerless press. This enabled the company to expand its linerless label production to provide innovative linerless labels and enhance operational effectiveness.
  • In July 2019, Coveris completed its acquisition of Amberley Labels, a U.K.-based manufacturer of high quality self-adhesive labels.
  • In February 2017, CCL industries completed the acquisition of Innovia Group, a prominent producer of linerless labels and packaging solutions, for around US$ 1.13 billion.

Dairy Packaging Market Participants Explore New Materials for Sustainable Packaging Formats: FMI Report

In its latest report, Future Market Insights estimates a steady growth of the Dairy Packaging Market during the assessment period 2020-2030   . Strict food safety regulations are helping growth.

A key driver is the growing awareness of the importance of packaging in the dairy industry to minimize the risk of spoilage and contamination. In addition, logistics and transportation requirements and the role of extending shelf life are positively affecting the growth outlook.

The demand for smaller fractional packaging options, along with higher disposable incomes and living standards, has boosted demand significantly. Research into eco-friendly packaging solutions will benefit the industry in the long run.

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Key points of the Dairy Packaging market report:

  • Flexible packaging formats are expected to witness rapid growth, especially in developing countries, thanks to the logistical advantages offered to dairy producers.
  • Paper and cardboard materials are likely to reflect the high demand for Tetra Pak format applications and the benefits of printed boards.
  • Milk packaging will remain a major revenue contributor to the industry due to the growing consumption of its health-conscious consumer base.
  • North America is the leading market due to its large milk production sector and high consumption of cheese, yogurt and flavored dairy products.

“Dairy packaging has shifted from glass bottles to polyethylene pouches, cartons, tubs, tetrapacks and aluminum cans. Increasing demand and distribution of dairy products through organized and robust retail supply chain channels has also boosted demand for dairy packaging worldwide,” said an FMI analyst.

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Analysis of the impact of COVID-19

The covid-19 pandemic has had a negative impact on the global dairy packaging market. Extensive lockdown restrictions have damaged the dairy industry’s supply chains, resulting in massive waste of milk resources in many parts of the world. This, in turn, hurt short-term demand for packaging.

In addition, the food service industry is facing severe restrictions that reduce demand for dairy products, which is consequently affecting the dairy packaging industry. Additionally, demand for dairy-based desserts, yogurt and ice cream declined sharply during the pandemic, limiting packaging supply chains. The market’s recovery will be gradual as concerns about the economic ramifications of the pandemic remain uncertain.

Who is the winner?

Key players in the dairy packaging market include Mondi Group, WestRock Company, CKS Packaging, Sealed Air Corporation, Nampak Ltd., Saint-Gobain SA, Ahlstrom, Airlite Plastics, Saudi Basic Industries Corporation, ELOPAK, Rexam, and Clondalkin Group Holdings.

Market leaders are focusing on investing in product research, particularly exploring new materials for functionality and sustainability. Adoption of environmentally friendly materials and formats and the commitment to aesthetics will remain important to market participants during the evaluation period.

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In November 2020, Greiner unveiled a range of dairy packaging made from recycled PET. TINE, a dairy producer based in Norway, has launched a sustainable packaging solution to reduce plastic consumption by 700 tonnes per year through a research initiative on fiber-based solutions. M&S has unveiled its Innovation Hub for research into plastic-free packaging materials for a variety of commodities, including dairy.

Additional Insights on Dairy Packaging Market

In a new report from Future Market Insights, readers have been provided with a comprehensive and unbiased analysis of the global Dairy Packaging market, including historical data from 2015 to 2019 and forecast data from 2020 to 2030. Type (bags and wraps, bottles, cans, cartons and boxes, cups, films and wraps, pouches, tubes, etc.), uses (milk, cheese, frozen products, yogurt, cream, butter and ghee, ice cream) , cultured products etc.), materials (glass, metal, cardboard and paper, plastics, etc.), distribution channels (e-commerce, specialty retailers, supermarkets and hypermarkets, etc.) span six major geographies.

About Future Market Insights Packaging

FMI’s Packaging Division provides  in-depth historical analysis and detailed forecasts of the global packaging market. From packaging materials to designs and formats, FMI has an exhaustive market research database, providing unique offers and strategic recommendations to its clients. With a repository of more than 750 reports, the team comprehensively analyzed the packaging industry in more than 70 countries. The team evaluates every node in the value chain and provides end-to-end research and consulting services. Contact us to find out how we can help

Soda Ash Market | Glass & ceramics hold a majority share, Analysis By Future Market Insights

Pegged at a steady CAGR, global revenue of soda ash market is set to exceed US$ 17.5 Bn in 2029. The upsurge in revenue is accredited to greater uptake of soda ash in glass & ceramic industry, particularly container glass and flat glass. Moreover, variegated end-use segments such as chemicals, construction, metallurgy, soaps & detergents are generating soaring demand for soda ash, concludes the FMI report.

Manufacturers in soaps & detergents industry increasingly favour soda ash as a substitute for traditionally-used phosphates. Soda ash has become a crucial ingredient for numerous cleaning products. It is transforming the energy sector owing to its recyclability and reusability. Moreover, soda ash market is gathering strong impetus in developing countries with proliferation of high net worth income individuals.

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Key Takeaways of Soda Ash Market Study

  • Glass & ceramics hold a majority share in the global soda ash market.
  • Leading manufacturers continue to adopt innovative extraction processes thereby boosting production capacity.
  • Sustainability would remain key strategic focus of market leaders through 2029.
  • Gains in soda ash market are primarily concentrated in Asia Pacific owing to thriving construction, chemicals, soaps & detergents industries.
  • Continued usage of cost-effective alternatives such as aluminum and plastics are set to restrict widespread adoption of glass in packaging industry.

Leading players in soda ash market must adopt and implement expansionary, sustainable activities along with strategic collaborations in order to remain prominent.

Asia Pacific to Remain at Forefront of Soda Ash Market Growth Through 2029

Consumers in Asia Pacific have contributed substantially to the growth of soda ash market. Owing to greater net worth incomes of consumers and prodigious demand generated by construction, chemicals, soaps & detergents industry, Asia Pacific will be the epicenter of growth through 2029. The region accounts for a whopping 57.6% share in soda ash market. In addition, India and China will be the domestic growth capitals in Asia Pacific region. On the other hand Europe will account for significant revenue share during the forecast period.

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Strategic Collaboration and Sustainability Remain Key Factors for Sustained Market Leadership

The competitive landscape of global soda ash market is highly consolidated in nature. Major players featured in this study include, but are not limited to, Tata Chemicals Ltd., DCW Ltd., Genesis Energy, LP, Nirma Ltd., Ciner Group, Novacap Group, and CIECH SA. Sustainable practices are increasingly being adopted by industry leaders worldwide. For instance, energy-efficient turbines have been installed by Tata Chemicals Ltd. as a part of their sustainability pledge. Moreover, key players continue to acquire regional companies for enhanced global presence.

Know More About the Report

FMI’s study offers an in-depth market forecast and analysis on the soda ash market. The major categories encompassed by the report include density (light and dense), end-use (water treatment, chemicals, metallurgy, paper & pulp, soaps & detergents, glass & ceramics) across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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About Future Market Insights (FMI)

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

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
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Rising demand for Elastomeric Coatings Market sales to reach a value of US$ 11,360.5 Mn by 2029 end

Rising demand for eco-friendly and advanced coatings coupled with growing building and construction activities makes elastomeric coatings a popular and innovative choice in the market. Through constant research & development, elastomeric coatings are finding applications in different areas. Further, superior property of the product – water resistance – efficiently protects the intrusion of moisture into the walls, in the construction industry. The growing construction industry is expected to catalyze the growth of the elastomeric coatings market.

The global elastomeric coatings market is estimated to be valued at US$ 6,810.5 Mn in 2022, and is expected to witness lucrative growth at a CAGR of more than 7% during the forecast period of 2022-2029.

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Key Takeaways of Elastomeric Coatings Market Study

  • By type, silicone is expected to be most popular choice of elastomeric coatings, owing to the increasing consumption of silicone-based elastomeric coatings for roof protection against bad weather, standing water, and sun damage.
  • In terms of application, the building and construction industry is expected to be a prominent consumer of elastomeric coatings. This is driven by the increasing construction of commercial, domestic, and industrial buildings across geographies. Furthermore, it is expected that, the application of elastomeric coatings on roofs will be prominent throughout the forecast period.
  • The elastomeric coatings market is anticipated to grow at a decent rate in developing economies, especially in China, India, ASEAN countries, etc., as favorable market conditions and a large consumer base are fueling the demand for elastomeric coatings.
  • Advanced coating technologies have gained tremendous attraction for waterproofing purposes in several industries such as building & construction, automotive & transportation, chemicals, oil & gas, energy & power, etc. Therefore, the shifting trend towards the adoption of advanced coating technologies is expected to drive the growth of the elastomeric coatings market.

“Elastomeric coatings hold more advantages over other coating systems, owing to lower VOC emissions and recyclability, which makes them a preferred choice because of their eco-friendly properties. Attributed to this factor, the demand for elastomeric coatings is anticipated to grow at a significant rate over the forecast period.”

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Elastomeric Coatings Market: Competition Analysis

The global elastomeric coatings market is a consolidated market space, due to the presence of less number of market players around the world. Some of the key players identified across the value chain of the global elastomeric coatings market are BASF SE, Rhino Linings Corporation, PPG Industries, Inc., Teknos Group, Huntsman Corporation, Covestro AG, Sherwin-Williams Company, Pidilite Industries Ltd., Versaflex Incorporated, and DowDuPont Inc.,  among others. Most of the key players maintain strategic focus on the development of distribution partnerships and joint ventures for global expansion. Manufacturers are focusing on manufacturing sustainable products to cater to the increasing demand for such products for various applications.

Elastomeric Coatings Market Taxonomy

The global elastomeric coatings market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Type

  • Acrylic
  • Polyurethane
  • Epoxy
  • Silicone
  • Polyurea
  • Others

By Application

  • Building & Construction
  • Industrial
  • Automotive & Transportation
  • Others

By Region

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

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What does the report offers?

The latest publication by Future Market Insights provides comprehensive analysis of the global elastomeric coatings market. This market study provides detailed insights on the elastomeric coatings market through well-structured market research. The global elastomeric coatings market study offers inclusive market analysis of historical performance of 2014-2021 and opportunity assessment for the forecast period of 2022-2029. The market study provides prevalent insights on various aspects of the elastomeric coatings market based on type and application across the targeted seven regions.

About Future Market Insights (FMI)

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

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Demand for Waste-Derived Pyrolysis Oil Market is expected to boost in the coming years, Exclusive Report By Future Market Insights

Increasing demand from several end-use industries has resulted in fluctuating oil prices in recent years. Oscillating oil prices have forced end users to look for alternative means to fulfil their fuel needs. Pyrolysis oil production utilizes different types of waste to produce oil, which can be used as diesel, gasoline, and automotive fuel, among others.

Waste-derived pyrolysis oil contributes towards waste reduction, is an excellent fuel and energy source, and can be used to extract other petroleum products. As a result, the global waste-derived pyrolysis oil market is projected to reach a value close to US$ 500 Mn in a decade, expanding at a moderate CAGR during the forecast period of 2022-2029.

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Key Takeaways of Waste-derived Pyrolysis Oil Market Study

  • The fast pyrolysis process is practiced on a larger scale by multiple manufacturers; hence, it is expected to sustain its prominence over the forecast period.
  • Biomass, as a source, is easier to crack, and is also a very popular raw material in regions such as Europe, East Asia, and South Asia.
  • The waste-derived pyrolysis oil market is still in its nascent stage; however, it holds a lot of promise. End uses such as heat & power for energy production through boilers, turbines, and engines are expected to hold higher market share over the forecast period.
  • Waste-derived pyrolysis oil also has prominent application in food aromas, plant protectors, or growth enhancers in the food flavoring segment.
  • East Asia, Europe, and North America are expected to be prominent regional markets over the forecast period, owing to the presence of a large number of tier II & III players in East Asia, and tier I players in Europe and North America.

“Global players such as BASF SE, Honeywell UOP, Dow Inc., and ConocoPhillips, among others, have invested strategically in the waste-derived pyrolysis oil market in the recent past, which suggests that major manufactures are keeping tabs in the market as it holds a lot of potential in the coming future.”

Market Landscape Moving Towards Fragmentation

The waste-derived pyrolysis oil market is fairly consolidated, as a few players have the capability of extensive R&D as well as production capacity. Key tier I manufacturers such as Agilyx, Inc., Enerkem, and Ensyn are opting for growth strategies such as collaborations, joint ventures, and other inorganic growth strategies, along with product development. However, the high emergence of new players is expected in the coming years, owing to the inexpensive set-up of pyrolysis units as well as yearly incrementing oil prices.

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Waste-Derived Pyrolysis Oil Market Taxonomy

Fuel Type

  • Unrefined
  • Refined

Pyrolysis Process

  • Fast
  • Flash
  • Others

End Use

  • Heat & Power
  • Automotive Fuel
  • Bio Refineries
  • Food Flavouring

Region

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

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Want to Know More?

Future Market Insights has published a market research report on the waste-derived pyrolysis oil market that contains global industry analysis of 2014–2021 and opportunity assessment for 2022–2029. The report provides insightful analysis of the waste-derived pyrolysis oil market through five different segments – fuel type, pyrolysis process, source, end use, and region. The waste-derived pyrolysis oil market report also talks about the demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, and a detailed overview of the parent market.

About Future Market Insights (FMI)

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

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Silica Sand Market for Glass Making to Reach US$ 7.4 Bn by 2029, Says FMI Analyst

The global silica sand market for glass making is highly influenced by demand for glass from the food & beverage industry, as a majority of manufacturers pack alcoholic drinks in glass bottles or containers. The key factor behind this is the fact that, glass packaging preserves the original taste and quality of the drink inside as compared to metal or plastic.

On the back of this important factor, the global silica sand market for glass making is projected to register a CAGR of 4.6% over the forecast period of 2022-2029.

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Key Takeaways of Silica Sand Market for Glass Making Study

  • The demand for silica sand for glass applications is anticipated to increase at a significant rate, on account of increasing per-capita consumption and purchasing power, and growing awareness of the importance of hygiene in the packaging of food products.
  • An increase in glass making activities in developing countries is anticipated to have a positive impact on the growth of the silica sand market for glass making.
  • East Asia holds a prominent share in the global silica sand market for glass making, attributable to the increasing application of glass in various end-use industries in this region.
  • Increasing consumption of glass for packaging food products and photovoltaic cells in solar energy is anticipated to propel growth of the silica sand market for glass making. Moreover, glass has extensive applications in construction, automotive, pharmaceuticals, and scientific instruments & analytical research, along with cookware & utensils.
  • Glass manufacturing companies strive to introduce new and innovative production technologies to cater to the rising global demand for glass. This is anticipated to offer substantial opportunities to players in the silica sand market for glass making.

“Increasing demand for glass from several end-use industries is expected to create significant growth and expansion opportunities for silica sand suppliers/ manufacturers, as well as contribute to the overall growth of the global silica sand market for glass making.”

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Increasing Preference for Glass Containers to Propel Market Growth

The enhanced visual appeal of products packaged in glass containers along with the transparent nature of glass enables manufacturers to showcase the premium quality of their products. Glass is a versatile material in container manufacturing, and containers can be made from this material in a wide range of colours, shapes, and sizes. Moreover, manufacturers in the food & beverage industry prefer the use of glass containers, and, as such, the food and beverage segment accounts for a substantial share in terms of volume as compared to other applications in the global silica sand market for glass making. This segment accounted for more than one-third share of the global silica sand market for glass making in 2018.

These factors are anticipated to have a positive impact on the growth of the global silica sand market for glass making over the coming years.

Silica Sand Market for Glass Making Moving towards Consolidation

The silica sand market for glass making is significantly driven and dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global silica sand market for glass making are U.S. Silica, Imerys Refactory Materials, Sibelco, Fairmount Santrols, Badger Mining, and JLD Minerals. These players are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

Silica Sand Market for Glass Making Taxonomy

By Application

  • Flat Glass
  • Fiber Glass
  • Glass Containers
  • Special & Technical
  • Tableware Glass
  • Others

By Purity

  • High Purity
  • Ultra High Purity

By Region

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

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Want to Know More?

Future Market Insights has published a market research report on the silica sand market for glass making, which contains global industry analysis of 2014–2021 and opportunity assessment for 2022–2029. This report provides an unbiased analysis of the silica sand market for glass making through four different segments – purity, application, end use, and region. The silica sand market for glass making report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, and a detailed overview of the parent market.

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

 

Demand for Automotive Appearance Chemicals to Rise at 4.9% in Tandem with Growing Preference for Visual Appeal in Passenger Cars: FMI

As per a recent market analysis by Future Market Insights (FMI), the global automotive appearance chemicals market is poised to expand at a 4.9% CAGR, totaling US$ 41.7 Bn in 2031.

Rapid urbanization, easy credit availability and increasing per capita expenditure is elevating demand for automobiles across the globe. Key automotive manufacturers are increasing their production capacities to cater the growing demand for automobiles across the globe.

With consistent growth in sales of automobiles, demand for automotive appearance chemicals is also expected to rise in a ripple effect during the forecast period, as they are regularly used over the entire lifetime of a vehicle.

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Moreover, key manufacturers are focusing on developing eco-friendly products in response to growing awareness regarding harmful effects of chemicals on the environment. Increasing consumer preference for biochemicals is anticipated to continue driving sales of automotive appearance chemicals over the forecast period.

As per FMI, the U.S. is projected to emerge as the most lucrative pocket in North America automotive appearance chemicals market. Presence of key market players, along with increasing sales of autonomous and luxury vehicles in the country are anticipated to continue providing tailwinds to automotive appearance chemicals sales over the assessment period.

“Stringent regulations imposed to control toxic emissions during chemical manufacturing processes, couples with government initiatives promoting sales of electronic and hybrid vehicles in various countries are anticipated to bode well for the global automotive appearance chemicals market through 2031,” says the FMI analyst.

Key Takeaways:

  • In terms of product type, sales of windshield washer fluids are expected to grow at 4.2% CAGR, accounting for 50% of the total market share through 2031.
  • Demand for automotive appearance chemicals in the passenger car segment is slated to rise at a 5.1% CAGR, holding 70% of the total market share.
  • Aftermarket will remain the most preferred sales channel, commanding 95% of the total automotive appearance chemicals market share.
  • The U.S. is projected to dominate the North America market, accounting for 89.2% of the market share in 2031.
  • Sales of automotive appearance chemicals in Germany are poised to rise at a 4.2% CAGR over the forecast period.
  • China is projected to hold over 60% of the East Asia automotive appearance chemicals market share.
  • Japan and South Korea will collectively account for 4.1% of the global automotive appearance chemicals market.

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Competitive Landscape                                                                                          

According to the Market Research analysis, PPG Industries, 3M Company, BASF SE, Energizer Holdings Inc., Kao Corporation, Jax Wax Inc., Sonax GmbH, Malco Products Inc., Koch Chemie GmbH, Mothers Polishes Wax Cleaners Inc., Koster Keunen Inc., The Darent Wax company Ltd., Future Development (manufacturing) Ltd., Northern Labs Inc., CRC Industries., Sasol Ltd., Altro Limited., Turtle Wax Inc., DuPont de numerous, Inc., among others are the key players identified by Future Market Insights in the market.

Top 5 players comprising 3M Company, PPG Industries, Sasol Ltd., BASF SE and DuPont de Nemours, Inc. are expected to command 40-45% of the total automotive appearance chemicals market share over the forecast period.

Leading players are actively investing in strategic collaborations, partnerships, mergers, and acquisitions to strengthen their distribution networks, and to expand their global footprint in the market. Apart from this, research, and development to develop more eco-friendly products will remain a part of growth strategies adopted by players over the assessment period. For instance:

  • In April 2021, Armor All®, a prominent brand in quality car maintenance products for all automobile operators, announced that Red Bull Racing Honda has entered into a worldwide, multi-year collaboration with it.

More Insights into the Automotive Appearance Chemicals Market Report

In its latest report, FMI offers an unbiased analysis of the global automotive appearance chemicals 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 product type (into polishes, windshield washer fluids, soaps, coatings, and car wax), vehicle type (passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV)), sales channel (aftermarket and original equipment manufacturers (OEMs)), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-1847

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