Automotive Original Equipment Manufacturers Display Interest towards Transportation Coating Market

Specialized, high-performance coatings that are primarily designed to resist stress from mechanical and thermal sources have increasingly been adopted across the transport sector in the past few years. These coatings for transport are increasingly becoming a standardized part of vehicle and auto part production processes.

For instance, long haul trailers and trucks commonly make use of coatings made from high velocity oxygen fuel. These coatings enable easier maintenance and greater scope of vehicle and component lifespan boosting overall popularity among automobile owners for the foreseeable future.

Transportation coatings play important roles in safeguarding various types of automobiles and modes of transport from environmental corrosive agents. With the recent increase in stringent regulations, manufacturers in the transportation coating market are working towards sustainability objectives to maintain demand for the years ahead.

Aside from these, other key factors that are boosting the scope of the transportation coating market are:

  1. The market for transportation coating is very competitive in nature. Manufacturing processes are projected to undergo significant change in the coming years owing to the introduction of new polymers and advanced techniques of production. This trend is further supported by increased focus my market players on developing new strategies to easily procure relevant raw materials of high quality.
  2. Of the various transportation coating variants, plastic based coatings will grow at a relatively faster rate during the forecast period. On the other hand, metal coatings are projected to dominate the market in terms of total revenue. Manufacturers in the field are also projected to aim their energies towards increasing the scope of application for the different types of coatings along with testing new fastening techniques aimed towards enhanced performance.
  3. Transportation coatings based on polymer or epoxy compounds are being increasingly used in the manufacturing processes of various auto components such as the chassis. Consequently, original equipment manufacturers in the automotive industry will display increased demand for coating materials, creating sustainable demand for market players for the near future. This adoption of transportation coatings is projected to remain strong especially for heavy duty trucks.

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Ease of Application in Retail and E-Commerce Drives Growth of the Corrugated Boxes Market

Corrugated boxes is widely seen as one of the primary segments of the global paperboard packaging market. These containers are made of high performance materials that make the processes of packing, promoting and safeguarding contents easier. Corrugated board is a flexible medium that allows the production of boxes to be done in multiple shapes and sizes.

Corrugated boxes can be made from single wall, double wall, triple wall and single faced corrugated board. Of these single walled boxes are most widely preferred, owing to light weight characteristics and simultaneous protection for contents during transport.

The growing demand for corrugated boxes in a wide variety of end use sectors such as food packaging, electrical and electronics, and e-commerce sectors, are widely considered to have a key impact in the sustained demand for the global corrugated boxes market. The market’s growth is also driven by the following:

  1. Corrugated boxes can be made either from virgin or recycled fiber. Among these, recycled fiber is anticipated to witness a greater rate of growth, attributable to the growing awareness about environment conservation and the rising presence of recycling facilities around the globe. Further, corrugated boxes will play roles either as primary or secondary packaging.
  2. The wide range of end use applications for corrugated boxes can include food, beverages, health care, tobacco, personal care, cosmetics, e-commerce, fertilizers, and consumables. While food and beverage packaging is anticipated to hold control over major market share, the cosmetics and e-commerce industries are expected to display a relatively higher rate of growth in the near future.
  3. The rising activity in the e-commerce sector and the consequent rise in consumer preference for shopping online are projected to have a significant impact on the growth of the corrugated boxes market. This will result in the dominance of the Asia Pacific Excluding Japan region, followed by North America and Europe.

Corrugated boxes are also multipurpose, which makes them suitable for transport, retail, and display packaging and minimizes damage to contents during transit, boosting adoption rates in the global corrugated boxes market.

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Affordability and Health Awareness Increase Consumption in Non-Dairy Creamer Market

Non-dairy creamers are used as lactose free substitutes to dairy creamers that find use in a number of food products such as beverage mixes, processed foods, soup premixes, and other traditionally dairy based products.

Non-dairy creamers are liquidized formulations of spray dried powders that form a cream substitute, upon being mixed with water, with a comparable taste and texture. This product is finding increased application in the food industry such as bakery, desert, and confectionary sectors.

This product can be modified to large degree, attributable to the fact that the product is not dependent on dairy cream content. The ability for customization provides opportunity for versatility in use ranging from food decoration to processing ingredients.

In addition, the scope of using non-dairy creamers for beverages such as coffee and tea are expected to have a significant impact on the growth of the non-dairy creamer market. Other major influencers can include:

  1. Non-dairy creamers are expected to witness heightened demand in the Asia Pacific and South East Asia regions owing to their high consumption of tea. This trend has also increased the demand for coffee mixes, which are making a move on traditional tea-drinking markets. Consequently, instant mix products are gaining global popularity, as manufacturers attempt to widen the consumer base.
  2. Lack of awareness in developing countries, despite the rise in disposable incomes are key factors that are restricting the growth of the non-dairy creamer market. This issue is further compounded as veganism and alternatives to dairy products are not well established in the region. The market is expected to witness incremental growth in these regions in the foreseeable future.

The market for non-dairy creamers are expected to benefit from the fluctuations in prices of milk in regional markets across the globe, which adversely affects the prices of the dairy products. Contrarily, the prices of raw materials for non-dairy creamers such as almond, coconut, and soy remain largely stable and allow for larger scale of production, with the growing population of people suffering from lactose intolerance.

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Improving Health Perception Increases Adoption Rates in Global Avocado oil Market

Native to South America, avocadoes contain up to 30 per cent of oil, which can be extracted either through cold pressing techniques or by the way of solvent extraction. The oil is extracted from the pulp of the fruit, unlike other plant based oil sources. Apart from healthy fats, avocado oil also contains a number of vital nutrients such as vitamin C, E, K, B6, and oleic acid among others.

The oil finds high adoption rates in terms of cooking and oil & skin care. While avocados are available in a wide range of species, Hass and Fuerte are the most commonly used varieties for oil production. Growing awareness about healthy lifestyles and dietary habits are some of the key factors that are anticipated to drive up the worldwide market for avocado oil in the years ahead.

Consequently, the rising incidences of heart disease and other chronic ailments are driving up the demand for healthy cooking oils, which will bode well for the future of the global avocado oil market. Other key developments in the industry in the years ahead may include:

  1. Latin America is expected to display a strong trend of consumption of avocado oil, owing to the growing incidences of health issues and the rising awareness of the health benefits of avocado oil, and the high production rate of avocado fruits in the region. The oil helps in managing such ailments. This factors is also expected to boost the rate of consumption in North America.
  2. Avocado oil is finding increased use in a number of applications including personal care, cosmetics, and the development of medication owing to the advantages that it provides in terms of digestion, cardiovascular health, detoxification, and an increased rate of healing.

The avocado oil market is further benefitted by the perennial availability of the avocado fruit. On the other hand, the higher price point of the product is expected to restrict sales, owing to which avocado oil manufacturers have taken to mixing avocado oil with other natural edible oils to gain complementary blends at affordable rates

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Health Awareness and Super Food Status Propels Consumption Rates in Acai Berry Market

Harvested from acai palm trees, and consumed mostly as pulps or in a dried format, the global demand for acai berries is currently witnessing a strong rate of growth owing to the widespread trend of consuming super foods. 

Acai berries are most widely processed and used in their dried variant owing to the relative ease and transportation of the product by producers and suppliers. Dried acai berry is finding increased application as a cure to scarring and other skin issues. Innovations in packaging and processing technologies in recent years are expected to benefit producers and consumers in terms of preserving the nutritional value of the products for longer periods of time.

Strongly growing awareness about potential wide ranging health benefits is the key influencing factor that is rapidly boosting the consumption rate of the acai berry market for the foreseeable future. Some of the other key factors that are substantially affecting developments in the market among consumers and cultivators include:

  1. The rising use of acai berries in a wide range of cosmetics and personal care products are boosting the consumption of the fruit by a substantial margin. This trend can be attributed to the growing consumer preference around the world for organic and natural cosmetic products, which is further augmented by the recent rise in disposable incomes in developed and developing countries.
  2. The acai berry is also finding increased use in the food and beverage industry, which is playing to the consumer demand for better health and diet foods, by touting to the super food status of the acai berry to the increasingly health-conscious consumer.
  3. The pharmaceutical industry is also making use of acai berry based formulations, primarily for the development and production of diet supplements, and also as part of medications for ailments such as cardiac health. This trend is expected to open up numerous new avenues of use for this fruit.
  4. Unregulated consumption of acai berries are known to cause side effects such as increased bleeding from wounds and higher blood pressure levels, which are anticipated to restrict the growth of the acai berry market for the long term.

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Development of Eco-friendly Variants Create Greater Demand in Acid Proof Lining Market

Acid proof lining, which is also commonly known as acid resistant lining is a popular solution to industrial requirements for preparing substrates and surfaces to be resistant to influences of mechanical, thermal, and chemical load. Acid proof lining finds extensive application in industrial areas that are used to store, process, or move corrosive materials.

These materials are commonly used to protect components such as plastic piping, concrete housing, steel structures, and fiber glass components, from the influence of concentrated acids, alkalis, and solvents. The superiority of acid proof lining in comparison to other protection alternatives such as rubber linings or polymer coatings are expected to generate substantial demand in the years ahead.

Made from materials such as sand, clay, and feldspar, acid proof linings are available in variations of ceramic, carbon, thermoplastics, and fluoropolymers among others. Durability and resistance to impacts and corrosion are key characteristics that are driving the growth of the acid proof lining market. Other influential factors impacting the market can include:

  1. Acid proof lining materials that can protect and withstand a wide range of temperature fluctuations are gaining increased importance. Consequently, thermoplastic acid proof linings are anticipated to witness faster adoption owing to resistance against chemicals, mechanical stress, heat, and thermal shocks.
  2. Increased concerns over environment deteriorations and health risks are factors that are anticipated to minimize the use of solvent based acid proof linings, owing to emission of volatile compounds during production and application. These materials are expected to be gradually replaced with recent development of eco-friendly variations in the market.
  3. Oilfield pipeline producers boost demand for acid proof lining materials, owing to the influence of rust inducing environment that is common to the processes required to transport volatile substances like petroleum. On the other hand, acid proof linings are expected to witness decreased use in modern power generation infrastructure.
  4. Major players in the acid proof lining market are emphasizing on the development of new variations of acid proof materials such as brick and ceramic to gain an edge over the competition and widen their product portfolio, based on sustainability objectives.

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Widespread Solvent Application Boosts Scope for Growth in Acetone Market

Acetones are colorless, volatile, and inflammable chemical compounds, which is primarily obtained as a by-product through the processing of propylene feedstock during the production of phenol, and is widely known to be the simplest type of ketone. The material is primarily used as a solvent and is also used as a precursor chemical to materials such as aldol chemicals, methyl methacrylate, bisphenol-A, and methacrylic acid among others.

Acetones are used in laboratory settings, in cosmetic production, in medical procedures, and is also a common ingredient in industrial inks, paints, and coatings. In addition, increased use of acetones in automotive, dental filling, foundry castings, PVC, and piping is also expected to boost the adoption of acetones for the foreseeable future.

The global acetone market is primarily driven by solvent use, which accounts for roughly 35 per cent of the total demand. Apart from this application, other key factors that are anticipated to influence developments in the global acetone market include:

  1. Acetone manufacturers are increasingly emphasizing on improving production and supply chains for the widespread consumer base, with the aim of retaining market share. Consequently, price sensitivity of the market makes it challenging for new players to easily set up business in the market.
  2. The trend of increased capacities has a major influence on the global trade of acetones, particularly in a large number of Asian countries including China, Japan, Thailand, Taiwan, Singapore, and South Korea. Reductions in imports by China are expected to generate new opportunities for sales in neighboring consumers in India.
  3. The global acetone market is expected to go through a short-term restrictive phase in the near future owing to overcapacity of phenol production along with the rising use of ethylene in the process of producing methyl methacrylate, which is further augmented by the wide range of derivatives that have been introduced recently in the market.
  4. Changes in the phenol production industry has a key role in dictating the growth of the acetone market, as most acetone is produced as a byproduct in the phenol production process. Consequently, overcapacity in the phenol market will also result in overcapacity of the acetone market.

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Food and Cosmetic Applications Play Key Roles in Growth of Acerola Extract Market

Found primarily in tracts of Central America, South America, and small sections of the United States, the acerola fruit is finding widespread application in a variety of foods and beverages, owing to its nutrient composition, that is especially rich in vitamin C. Food processing and pharmaceutical industries are processing the extract of acerola fruits in powdered or liquid forms.

Acerola extract is widely used in products such as health or diet supplements, yogurt, beverages, soup, confectionary items, sauces, and snacks. The product is also used as a natural preservative for bakery and meat items, which will generate opportunities of application in the long term.

Rapid rise in importance given to vitamin C in food products, coupled with the trend of natural health foods are expected to be the key factors that will propel the growth of the acerola extract market in the near future. In addition, other factors that are anticipated to boost the market are expected to include:

  1. The pharmaceutical and food & beverage industry is generating a strong demand for organic variants of acerola extract. High purity and natural formats of acerola extracts will continue to remain popular owing to claims of additional nutritional benefits.
  2. Acerola extract is also finding increased application in the weight loss industry as a low calorie and low fat additive that can be added to a wide variety of diet foods, which will boost the prospects of producers in the years ahead. The extract is also finding acceptance as an ingredient in a number of convenience foods and beverages as a replacement for ascorbic acid.
  3. Powdered acerola extract continues its dominance of the market and is anticipated to account for nearly 70 per cent of the market value, owing to its high use in health supplements and as an antioxidant additive in food and beverages.
  4. Acerola based products are restricted by the high prices. In addition, the acerola extract market also faces potential restriction owing to the risk of side effects such as vomiting, diarrhea, cramps and headaches, among others.  

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Targeted Automation Applications to Increase Adoption in 5G Technology Market

5G, a fifth generation wireless data communication technology, is undergoing rapid evolutions and is anticipated to reach a stage of commercialization in the near future. The speed of 5G technologies are anticipated to exceed 3G and 4G counterparts with substantial margins, and is also expected to eat into the major market shares of 2G and 3G technologies in the years ahead.

5G technology developers are looking to integrate WIFI and LTE segments with innovative mechanisms to meet the high standards and requirements of emerging technologies of augmented reality and machine learning among others.

Increased use of tools such as portable internet and inter machine connectivity are key factors that are driving the imminent growth of 5G technology infrastructure to achieve applications such as multi-player gaming, autonomous transport, remote schooling, and internet based healthcare among other end uses. Some of the other major trends that are influencing the global 5G technology market include:

  1. Governments and private players are intensely collaborating to set up the requisite infrastructure for 5G technologies in separate regional markets. 5G technology is expected to have a particularly strong reception in countries such as China, India, the United States, and the United Kingdom among others.
  2. Rising focus on internet-based software and apps for mobile devices are increasing the importance of internet connectivity, which is expected to open up widespread opportunities for 5G service providers around the globe. In addition, advanced technologies including state-of-the-art semiconductor and sensor technology are expected to assist in the proliferation of 5G, boosting connectivity on a global scale.
  3. Emerging technologies such as industrial internet of things, autonomous vehicles, and machine learning require faster access to data transmission speeds to react to real time situations effectively, boosting the requirement for 5G technology.
  4. Currently, the market for 5G tech is largely being led by major European countries including the UK, Germany, and France. This can be attributed to the high levels of research activities being carried out by market players in the region, which is anticipated to give these countries access to 5G services, before other regions around the globe.

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Strong Emphasis on Research and Organ Production Potential Drive Development in 3D Cell Culture Market

3D cell culture processes comprise of controlled and simulated environments outside of a living organism, which involve interactions of growth and migration with the habitat. 3D cell culture provides advantages of tissue divergence, cell differentiation, and cohesion characteristics, that are not feasible in conventional 2D cell culture systems.

3D cell cultures are rapidly gaining popularity as they play key roles in research and development activities for healthcare and pharmaceuticals. This can be attributed to the ability to develop cell cultures that are physiologically similar to the genuine targeted organs, which simplify drug discovery and development processes, which is encouraging the growth of the 3D cell culture developers.

3D cell cultures are growing rapidly in the health care industry owing to extensive potential in research of health issues such as in vitro fertilization, cancer treatments, and regenerative medications. It also finds popular as a popular substitute to animal test subjects, which are being increasingly frowned upon over ethical testing concerns.

Major research organizations and leading companies of the 3D cell culture market are boosting the level of investments in the sector, which is one of the major influencers behind the growth of the global 3D cell culture market. Other factors that are anticipated to influence the rate of growth include:

  1. Increased efforts in healthcare research coupled with 3D cell culture investments are substantially driving up the demand for 3D cell culture services, and is widely considered to be the most important growth factor. This can be attributed to the high interest in organ transplantation procedures around the world.
  2. Increasing concern and ethical pharmaceutical testing initiatives are discouraging the use of animal testing for pharmaceutical products. Consequently, pharma companies are displaying increased interest in cell culture to replace animal test subjects completely.
  3. 3D cell cultures allow 3 dimensional interactions for the cells to develop in substantially better ways in comparison to 2D cell culture counterparts. This improvement over 2D will also aid in the growth of the market.
  4. The 3D cell culture market is restricted owing to prohibitive initial costs of purchase and installation, which is further augmented by lack of consistency in 3D cell culture products.

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