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The newest addition to the rich archive of business intelligence reports of Future Market Insights is a study on the Global Automotive Carbon Ceramic Brakes market for the forecast tenure of 2018 to 2028. This new study is an all-out effort made by the analysts of Future Market Insights to come up with accurate data and information-laden report that addresses the unmet needs of the stakeholders of the Automotive Carbon Ceramic Brakes market.

This report makes an offering of detailed assessment of various important market dynamics, which comprise restraints, opportunities, trends, and drivers of the Global Automotive Carbon Ceramic Brakes market. This business intelligence report comes with exclusive information as to how the Automotive Carbon Ceramic Brakes market can expand during the assessment tenure of 2018 to 2028.

The report on the global Automotive Carbon Ceramic Brakes market provides an up-to-date analysis of the existing scenario of the market along with the latest drivers and trends, and the overall environment of the said market. This report comes with an objective as well as an in-depth study of the existing state aimed at the growth of the key players, strategies of the market, and prominent drivers of the market.

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The report also makes the involvement of the important achievements pertaining to the launch of new products, regional growth, research and development, product responses, and market achievements. In addition to that, the regional growth of the prominent market players has been included in the report so as to provide a 360 view of the said market.

In this report, various key indicators of market growth, such as value chain, CAGR (Compounded Annual Growth Rate), supply chain analysis, and Year-on-Year (Y-o-Y) growth of the market have been elaborately discussed for better comprehension of the market. This information is expected to assist the buyers of this report in better comprehension of the prospects of quantitative growth of the Global Automotive Carbon Ceramic Brakes market over the timeframe of analysis.

The study is pertinent for the stakeholders in the Automotive Carbon Ceramic Brakes market, which comprises investors, distributors, suppliers, and manufacturers, and can assist them in coming up with suitable strategies to facilitate the growth of the said market in the years to come. In addition to that, various other interested parties, such as researchers, journalists, industry experts, and investors can make optimum utilization of the data and information presented in this study by Future Market Insights.

Analysts at Future Market Insights has made a very careful assessment of the ongoing Covid-19 situation. The researchers have made every effort to make an error-free assessment about how this new situation can cause disruptions in the Automotive Carbon Ceramic Brakes market. This business intelligence study also includes new growth avenues created during the outbreak of Covid-19 and its impact on the said market. The Automotive Carbon Ceramic Brakes market study covers all the business-related aspects affected by the outbreak of this pandemic, which has left an impact on all the aspects of life across the globe. Estimations have been made regarding how a business will be done in the post-Covid-19 epoch.

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Automotive Carbon Ceramic Brakes: Key Segments Covered
By Sales Channel

• Original Equipment Manufacturer (OEM)
• Original Equipment Supplier (OES)
• Independent Aftermarket (IAM)

By Vehicle Type  

• Passenger Cars
• Commercial Vehicles
  • Light Commercial Vehicles
  • Heavy Buses & Trucks
  • Off-road Vehicles

By Region

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

Market Players

The report, then, focuses on the leading players of the industry with detailed information such as contact information, revenue, cost, price, production, capacity, product specification and picture, and company profiles. In addition, analysis of downstream consumers, equipment, and upstream raw materials is also being done. Readers are being offered an analysis of the relevant and important competitive trends prevailing in the global Automotive Carbon Ceramic Brakes market. Brembo S.p.A., Surface Transforms Plc, MAT Foundry Group Ltd., Akebono Brake Industry Co., Ltd. and Rotora, among others are some of the key players in the global automotive carbon ceramic brakes market.

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As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global automotive plastics market is projected to total US$ 61.58 Bn in 2021, expanding at a healthy 6.9% CAGR.

Owing to the ongoing COVID-19 crisis, the automotive plastic market witnessed a stagnated sales in 2020. However, demand is estimated to increase as the automotive industry attains its pre-pandemic status in 2021.

Automotive plastics are advanced materials used in vehicles to improve the functionality, appearance, and safety, resulting in high demand for the same. Besides this, stringent government regulations to curb vehicular emissions is encouraging consumers to prefer lightweight vehicles, which in turn is driving sales of automotive plastics.

The use of plastic components significantly reduces the overall curb weight of a vehicle by replacing aluminum and steel components. Lightweight cars are more fuel-efficient, which further helps reduce their CO2 emission.

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In addition to this, increasing preference for aesthetic appearance in passenger cars is encouraging manufacturers to employ advanced plastics. These materials are easier to mold into desired shapes without adding to the vehicle’s overall weight.

As a result, component makers are aiming to provide revolutionary lightweight automotive components using improved plastic material processing technology to meet the growing demand for fuel-efficient vehicles.

As per FMI’s regional analysis, the Asia Pacific and Europe are projected to remain lucrative regions in the global automotive plastics market. Considering this, the global automotive plastics market is anticipated to reach a value of US$ 119,802.5 Mn by the end of 2031.

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Key Takeaways from Automotive Plastics Market Study

• The polypropylene material segment is estimated to account for 26.6% of the total automotive plastics consumption.
• Based on applications, the interior components segment is expected to hold 63.1% of the total automotive plastics market share.
• Sales of automotive plastics for conventional cars are anticipated to grow by 6.3% year-over-year in 2021.
• Demand for automotive plastics in the U.S. is slated to rise by 5.6% year-over-year through 2031.
• India is projected to account for 50.2% of the Southeast Asia Pacific automotive plastics market in 2021.
• China will emerge as an attractive market, holding 69% of the East Asia automotive plastics market share.
• Japan and South Korea are expected to account for 6.3% and 6.5% of the global automotive plastics market share respectively.

Competitive Landscape

Key players operating in the global automotive plastics market are LyondellBasell Industries Holdings B.V, Evonik Industries, BASF SE, Arkema Group, DuPont de Nemours, Inc., The Dow Chemical Company, Hexion Inc., Momentive Performance Materials, Hanwha Group, Saudi Basic Industries Corporation (SABIC), Formosa Plastics, Sumitomo Chemical Co., Ltd., Mitsui Chemicals, Inc., Zoltek, Covestro AG and Eastman Chemical Company among others.

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Increasing demand from the construction and automotive industries for temperature control and energy efficiency is expected to fuel the demand for thermal insulation material. According to a new study by Future Market Insights (FMI), the market for thermal insulation material is set to rise steadily with a CAGR of over 4% through the end of the projection period in 2031.

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The global demand for thermal insulation materials has rapidly gained traction owing to concerns associated with energy conservation. Strict government regulations associated with emissions from construction and automotive sector operations will drive long-term demand. In building operations, thermal insulation also provides benefits in supporting auxiliary building structures including roofs and flooring.

Niche applications in aerospace structures in addition to investments into smart city infrastructure are providing impetus to investments into product research & development, with a focus on material and design. End-user specific customization of product offerings on the basis of density, thermal conductivity, thickness and more will influence developments in the market for the foreseeable future.

The growing demand for thermal insulation materials, particularly from emerging economies will offer key growth opportunities. On the other hand, the volatility in the pricing of raw material will challenge the growth of market participants. Market vendors are more likely to focus on the growth prospects in the fast-growing segments, while consolidating their positions in relatively slower-moving products.

Key Takeaways of Thermal insulation material Market Study

• Thermal insulation material sales to increase at above 4% CAGR through the assessment period.
• Backed by strong demand from the building and construction sector, insulation for 1ºC to 100ºC will hold the lead in 2021.
• Continuing issues in terms of energy supplies in the U.K. and Germany markets to register higher growth.
• United States is projected to record strong demand driven by rising applications in automotive sector.
• China will emerge as a high potential market, with investments in urbanization and manufacturing efforts in the country.

“Thermal insulation materials find widespread applications in spacecraft, buildings, clothing, mechanical systems, and in automotive offerings among others. Customization on the basis of specific heat capacity, thickness, surface emissivity, thermal bridging, thermal conductivity, and density will support demand as per the requirements of the target area,” Says an FMI analyst.

Developments in Green Construction Set to Drive Growth

According to FMI, thermal insulation material has immense scope for application in the building and construction industry owing to the increased focus in the sector on resource efficient and environment friendly materials. Also, there is a substantial growth in the construction of green buildings around the world owing to volatility in high energy prices, and concerns associated with environmental impact, along with the health and comfort of occupants. In addition, green building rating systems implemented in developed regions across Europe and North America such as the Leadership in Energy and Environmental Design, are contributing to growth.

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Who is Winning?

The global thermal insulation material market can be considered as moderately consolidated, with a few leading players accounting for a prominent share of the overall thermal insulation material market. Manufacturers are increasingly focused on investments into research and development aimed towards new product launches.

Key market participants including BASF SE, Asahi Kasei Corporation, Rockwool International A/S, E. I. du Pont de Nemours and Company, Bayer AG, Berkshire Hathway (Johns Manville), Dow Chemicals Company, Owens Corning, Saint Gobain S.A., and Kingspan Group PLC amongst others are also focusing on consolidating their presence in the global market by entering into strategic industry collaborations with other market participants.

The food certification market will register healthy growth in 2021 with worldwide revenues projected to increase by 10.30% year over year. Future Market Insights (FMI) has forecast the food certification market to reach US$ 8.4 billion in 2021 backed by the rising demand for food certified products.

Food certifications demand is on the rise due to the increasing consumption of meat based products. Increased consumption have compelled the governing bodies to impose stricter norms for security and quality of food products. This, in turn, have spurred the growth of food certification market.

Rising per capita income and rapid economic growth in developing countries like India and China are driving the food industry. This coupled with increasing penetration of retail food chains and services will positively influence the market growth over the forecast period.

Food producers are increasingly offering certified products to gain the consumers trust. With rising awareness for food transparency and clean-label movement gaining momentum, impressive growth is on the cards.

As per FMI, Asia Pacific food certification market is expected to expand at the highest level due to the ever increasing demand for certified and halal-certified food products, especially in India.

Alongside this, key player are adopting winning strategies such as mergers and acquisition to generate lucrative revenues. This will also positively affect the market. According to the report, rising awareness about certified food products will propel the market growth in the upcoming decade.

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Key Takeaways from FMI’s Food Certification Market Study

• Increasing consumption of processed food across the globe has spurred growth in the market. In terms of application, the meat segment will hold lion’s share in the global food certification market.
• ISO 22000 and free-from certification type, collectively, are anticipated to dominate the market.
• India is likely to emerge as a lucrative market due to the advent of multi-domestic food services and growing demand for halal food products.
• Growing cases of foodborne diseases in the U.S are likely to spur the growth, bolstering the demand of food certification in the country.
• China, Japan, and South Korea are expected to witness positive growth backed by the rising need for meat processed food certification.
• Muslim countries in the Middle East will spur the market growth owing to the increased demand of kosher and halal certified food products.

“Key players are capitalizing on increasing demand for clean-label certification and halal food. Strong distribution networks with food supply chain will create lucrative opportunities for the key players,” says the FMI analyst.

Who is Winning?

Major players include Intertek Group PLC, Llyod’s Register Group Limited, AsureQuality Limited, Bureau Veritas, DEKRA SE, DNV GL, Eurofins Scientific, SGS SA, TÜV SÜD, and Underwriters Laboratories Inc.

Mergers and acquisition remains popular strategy adopted by key players to maintain their strong foothold in the industry. Top players including Intertek Group, SGS SA, Bureau Veritas SA, Eurofins Scientific, and ALS Limited account for nearly 45% of global market share.

Strong manufacturing facilities coupled with strong distribution networks will aid the revenue generation for these market players.

For instance, in September 2020, leading player Intertek Group PLC announced the partnership with Roquette to launch a new audit program for safer food supply chain through their audit practices.

In the same month, ALS announced the expansion of its company’s testing and certification services through including its new food laboratory under the American Association for Laboratory Accreditation (A2LA) satellite program.

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Get Valuable Insights on the Food Certification Market

In its latest report, FMI offers an unbiased analysis of the global food certification market, providing historical data for the period of 2019-2029 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 type (ISO 22000, BRC, SQF, IFS, halal, kosher, free-from certifications, and others), application (meat, poultry, bakery & confectionary, seafood, dairy, infant food, beverages, and others), and by region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa)

About Food Market Division at FMI

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

 

The need for improving surveillance abilities of airport facilities in the world has triggered the growth in adoption of Automatic Dependent Surveillance-Broadcast (ADS-B) flight tracking systems.

Unlike other flight tracking systems, the demand for ADS-B systems is expected to remain higher in the future. ADS-B systems are known to be highly-effective for tracking single aisle, small wide body, medium wide body, and large wide body aircrafts, and also come in an extensive price range. Future Air Navigation Systems (FANS) might be competent in tracking all aircraft types, but their high prices limit their adoption over ADS-B systems. On the other hand, dedicated or portable flight tracking systems (PFTSs) are quite cheap, compared to other two, but lack the prowess to accurately track multiple flights.

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A recent study developed by Future Market Insights projects that ADS-B systems will continue to account for over 75% of global flight tracking system revenues. It is been estimated that the global market for flight tracking systems, which is presently valued at approximately US$ 358 million, will exhibit a steady increment at 5.5% CAGR to reach US$ 611.8 million by the end of 2026.

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Such systems are being prominently used in tracking flights from general aviation industry. General aviation airport facilities from all corners of the world can be clubbed together to be called as the largest end-user of flight tracking systems. In 2016, the end-use of flight tracking systems in general aviation procured an estimated US$ 253 million. Nonetheless, revenues amassed from adoption of flight tracking systems in civil aviation are projected to grow at the highest CAGR of 6.3% by the end of 2026.

Honeywell International & Rockwell Collins – Leading Market Players

According to the report, two of the most recognisable manufacturers in the global flight tracking system market are – Honeywell International Inc. and Rockwell Collins, Inc. Collectively, these two flight tracking system manufacturers are estimated to account for over 50% of the global market revenues, specialising in production of ADS-B and FANS systems. Garmin International Inc. is also a leading manufacturer in the global flight tracking system market, raking in revenues worth billions. On the other hand, companies such as FLYHT Aerospace Solutions Ltd., SKY TRAC SYSTEMS LTD., Spider Tracks Limited, and BLUE SKY NETWORK are observed to be prominent manufacturers of PFTS systems. Aireon LLC, another key player in the global flight tracking system market, has gained worldwide acclamation for producing top-end ADS-B systems for space aviation.

Global flight tracking system market: Segmentation

By System

• ADS-B
• FANS
• PFTS

By End Use

• General Aviation
• Civil Aviation
• Military Aircraft

By Region

• North America
• Latin America
• Eastern Europe
• Western Europe
• APEJ
• MEA
• Japan

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In the report, titled “Flight Tracking System Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” Future Market Insights predicts that North America will remain the largest market for flight tracking system in the world. By the end of 2026, North America’s flight tracking system revenues will have soared at 6.4% CAGR, procuring half of the global market revenues. The flight tracking system market in Western Europe will also gain traction, raking in over US$ 100 million by 2026-end. Revenues from flight tracking systems will be lowest in Japan and the Middle East & Africa (MEA) region. The flight tracking system market value in regions such as Asia-Pacific excluding Japan (APEJ), Latin America and Eastern Europe are anticipated to rise at less than 4% CAGR over the forecast period.

As per a study by Future Market Insights (FMI), increasing applications across diverse sectors, especially the printing and packaging industry will drive the functional films market between 2021 and 2032. Functional films are being steadily commercialized across various industries as they incorporate technologies to improve the functional performance of products on which functional films acts as substrate or a barrier.

FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026.’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global hybrid vehicles market for passenger cars is estimated to be valued at US$ 54.7 Bn by the end of 2016.
Japan is estimated to account for a value share of 48.1% in the global hybrid vehicles market by 2016 end, and it is anticipated to retain its dominance throughout the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period.
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Global Hybrid Vehicles Market: Factors Influencing Revenue Growth

The hybrid vehicles market is driven by various factors such as better fuel efficiency, incentives & subsidies offered by governments, rising prices of petroleum products, and reduction in air pollution, among others. Hybrid vehicles have better fuel efficiency than conventional vehicles, as apart from using IC engines, hybrid vehicles also use energy stored in a battery, which uses 80% of the energy for driving the vehicle, owing to the higher efficiency involved in converting the chemical energy of batteries into electrical energy. Using battery energy also minimizes the harmful carbon emissions involved with IC engines. Apart from this, various government authorities provide subsidies and incentives to the owners of hybrid vehicles. For instance, in China, the government offers subsidies ranging from US$ 6,750 to US$ 14,000, depending upon the size of the battery pack, to every purchase of a hybrid or electric vehicle. Cities such as Beijing and Shanghai offer free registration plates for electric hybrid vehicles.

The insufficient number of public charging stations hampers the growth of the plug-in hybrid vehicles sector, though portable charging systems are provided by manufacturers, which can be used at home or at the workplace. But while travelling between cities or during an emergency situation, this can cause difficulty to the consumers. Therefore, to fully explore the potential of plug-hybrid vehicles, a sufficient number charging stations are required, which will enhance the market for plug-in hybrid vehicles.

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Segmental Analysis of the Hybrid Vehicles Market
The hybrid vehicles market is segmented on the basis of product type, vehicle type, engine type, and powertrain configuration.
• The hybrid electric vehicles segment is anticipated to continue to dominate the market in terms of value over the forecast period. The hybrid electric vehicles segment is estimated to grow at a significant CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 297 Bn between 2016 and 2026.
• The power split hybrid vehicles segment is projected to be the most prominent powertrain configuration in the hybrid vehicles market. The power split hybrid vehicles segment is estimated to grow at a significant CAGR of 22.7%, in terms of value, over the forecast period. The market for power split hybrid Vehicles is driven by the benefits they offer over parallel and series hybrid vehicles.

Hybrid Vehicles: Regional Market Projections
The hybrid vehicles market in Japan is expected to represent a significantly higher incremental opportunity between 2016 and 2026. The market for hybrid vehicles in Japan is expected to represent a total incremental opportunity of US$ 241 Bn between 2016 and 2026.

Key segments covered in the hybrid vehicles market report

On the basis of product type, the hybrid vehicles market can be segmented into:
• Hybrid Vehicles
• Plug-in Hybrid Vehicles
On the basis of vehicle type, the hybrid vehicles market can be segmented into:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
On the basis of engine type, the hybrid vehicles market can be segmented into:
• Parallel Hybrid
• Series Hybrid
• Power Split Hybrid
On the basis of powertrain configuration, the hybrid vehicles market can be segmented into:
• Gasoline Electric
• Diesel Electric
On the basis of region, the hybrid vehicles market can be segmented into:
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa (MEA)

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Hybrid Vehicles Market: Key Participants
The report highlights some of the top companies operating in the hybrid vehicles market, such as Ford Motor Company, General Motors Company, Honda Motor Co., Ltd., Daimler AG, Volkswagen AG, Renault SAS, Toyota Motor Corporation, Nissan Motor Corporation, Mitsubishi Motor Corporation, Hyundai Motor Company, and Bayerische Motoren Werke AG (BMW).

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

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

Future Market Insights (FMI) announces the release of its latest report titled, “Fatty Amines Market: Global Industry Analysis and Opportunity Assessment 2015-2020”. According to the report, the global fatty amines market was valued at US$ 1,721 Mn in 2014 and is anticipated to reach US$ 2,193 Mn by 2020, registering a compound annual growth rate (CAGR) of 4.2% through the forecast period.

Fatty Amines Market Driven by Booming Water Treatment Chemicals Industry & Demand for Agro-chemicals

Global fatty amines market is driven by growing water treatment chemicals industry and increasing demand for agro-chemicals and asphalt additives, mainly in the developing countries. Water treatment chemicals contribute the highest in terms of demand and share to the global fatty amines market, as compared to the other application segments. Increasing usage of fatty amines in various end-user applications coupled with market expansion and development of novel applications, such as detergents, mining, paints & coatings and fabric softener are further driving the fatty amines market growth. However, fluctuations in availability and volatile raw material prices pose a challenge for the global fatty amines market.

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Market Segments

The global fatty amines market is segmented on the basis of product type, application and geography.

By product type, global fatty amines market is segmented into primary fatty amines, secondary fatty amines and tertiary fatty amines. Among these segments, tertiary fatty amines accounted for approximately 48.1% of global value market share in 2014. Furthermore, it is expected to dominate the global fatty amines market throughout the forecast period, exhibiting a CAGR of 3.6% between 2015 and 2020.

The primary fatty amines market accounted for over 25% of the market value share in 2014 and is expected to increase at a comparatively high CAGR of 4.9%, during the forecast period, owing to its increasing consumption in water treatment chemicals and paints & coatings industry as additives to protect the paints from getting tainted while in storage.

The secondary fatty amines segment accounted for approximately 23% of the global value market share in 2014, and is expected to gain its market share and account for 23.3% of the global fatty amines market by 2020.

On the bases of application, the global fatty amines market is segmented into water treatment chemicals, agro-chemicals, oilfield chemicals, asphalt additives, anti-caking and others (used in personal care, mining, fabric softener, paints & coatings). Among the aforementioned segments, water treatment chemicals is expected to dominate the global fatty amines market with over 29% market revenue share throughout the forecast period. Growing paints & coatings industry, coupled with increasing automobile production in China, Malaysia, Indonesia and Mexico is expected to further propel the demand for fatty amines in the asphalt additives application segment. The scope of applications for fatty amines in others segment is expected to expand in the future too, due to market expansion and innovation in techniques.

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