Vehicle Electrification Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2025

The vehicle electrification market is expected to grow significantly in the forthcoming years owing to the inclination of automotive and automobile manufacturers towards the electrified vehicles and the growing emphasis given to environment-friendly alternatives in the automobiles. Vehicle electrification is being adopted by various key players in the automobile industry such as Toyota. The vehicle electrification market is seeing innovations by Toyota, while they harness the benefits associated with vehicle electrification to support their sustainability initiatives for which they aim to promote the sales of their electrified vehicles in the coming decade. Commercialization of electrified vehicles by major players is expected to nurture the growth opportunities of the vehicle electrification market.

Moreover, the initiatives taken by the automotive players such as the Renault Group and Bosch for implementing vehicle electrification, transforming the public transport with vehicle electrification, and aiming to add electrified vehicles to their product portfolio in the future are further expected to open new doorways for the automobile manufacturers. In line with sustainable commutate facilities, vehicle electrification allows both, the vehicle manufacturers and end users to benefit from it and transform how transport has been looked at, further contributing to the expansion of the vehicle electrification market.

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Electrification of a vehicle is considered as one of the best way to reduce carbon emission, increase vehicle efficiency and reduce dependency over oil. Vehicle electrification generates new opportunities for consumer engagement along with various environmental and economic benefits. We can replace various hydraulic or mechanical systems with electric systems: hydraulic power steering with electric power steering and mechanical or hydraulic pumps with electric pumps. The air conditioner in a vehicle can

Vehicle Electrification Market: Drivers & Restraints

Increasing prices of conventional fuels, growth in the sales of electric vehicles will enhance the growth of vehicle electrification. Growing demand for fuel efficient vehicles, stringent emission norm along with increasing environmental awareness among the consumer are also expected to fuel the growth of vehicle electrification market. Governments of various countries such as US are actively supporting vehicle electrification by providing tax exemption and subsidies.

Vehicle Electrification Market: Region – Wise Outlook

Asia – Pacific region owing to the fast growing automotive industry in developing countries such as India, China and South Korea is expected to show a significant growth in the vehicle electrification market.  Strict laws in Western & Eastern Europe for vehicle efficiency will drive the vehicle electrification market in this region. North America is also anticipated to a moderate growth with credits to the strong fuel efficiency norms and support from government in the region. With rapid technological advancement and growing automobile industry, vehicle electrification market is expected to increase at a double CAGR during the forecast period.

Vehicle Electrification Market: Key Players

Some of the players in the market we identified includes, Continental AG, Robert Bosch GmbH., TRW Automotive Holdings Corp., Denso Corporation, (Japan), Nexteer Automotive, JTEKT Corporation, Mitsubishi Electric Corporation, Mando Corp., Borgwarner Inc. and ZF Friedrichshafen AG.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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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Automotive Brake System Market is expected to witness a rise of 3% CAGR between 2020-2030

The global market for automotive brake systems is expected to witness a rise of 3% CAGR between the forecast years of 2020-2030. The market is poised to take a hit as COVID-19 disrupts automobile production. Furthermore, economic downturn will also hamper the market in a negative manner in the coming days. Despite the gloomy picture, the global market for automotive brake systems will recover as the world limps back to normalcy by 2021. In the decade long prediction, the demand for automotive brake systems is projected to rise as road safety features will gain prominence amongst manufacturers and producers.

Prominence of Road Safety to Boost Automotive Brake Systems Market

Development of the smart braking systems in automotive brake system market resulted in decreasing number of accidents. The latest advancements prevents the vehicle from skidding minimizing the risk of accidents. Rapid increase in the production and sales of vehicles coupled with stringent regulations regarding stopping distances are anticipated to magnanimously contribute to the growth of the market. Growing demand for installation of passive and active safety in vehicles is expected to trend in automotive brake system market.

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Growing concern over road traffic crashes and increasing number of deaths have influenced the key players to integrate robust safety features. Stringent safety regulations by regulatory bodies and governments will continue to drive the growth of automotive brake system market. NHTSA (National Highway Traffic Safety Administration), agency of U.S. DOT (Department of Transportation) has planned to mandate adoption of Automatic Emergency Braking System (AEB) from 2022.

ABS Stands Out as Some Make it a Mandate to Sell Vehicles

The global automotive brake systems market is segmented into system type, vehicle type, and system technology. The system type segment includes disc brake and drum brake. Out of these, the disc brake segment is expected to expand at a rapid pace due to better performance and heat dissipation features. In the coming years, passenger cars will lead the vehicle type segment as automotive sector shows promise of revival as economy inches closes to normalcy. The system technology segment includes traction control system (TCS), antilock braking system (ABS), electronic brake-force distribution (EBD), and electronic stability control (ESC). ABS is projected to dominate as it in mandated in several vehicles.

Asia Pacific Remains in the Lead with Shifting Focus on India

Asia Pacific is projected to control on the global automotive brake system market with growing number of consumers and manufacturers. The key countries in the mentioned region are projected to be India, South Korea, and China as an outcome of the increasing demand for commercial vehicles and passenger cars. Japan also contributes to the global automotive brake system market remarkably. While China was anticipated to be the largest opportunity in terms of revenue of the industry, the recent pandemic is expected to shift focus to India. Europe is expected to be the second largest market in global automotive brake system market followed by North America.

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Key Players

Some of the key players operating in the global automotive brake system market are TRW Automotive Holdings Corp., Aisin-Seiki Co. Ltd., Continental AG, Akebono Brake Industry Co. Ltd., Brembo S.P.A., Halla Mando Corp., and others.

How Will Growth Unfold?

The automotive sector was anticipating a disruption as economies across the globe nosedived. However, the problem has been compounded due to recent outbreak of COVID-19. It has led to a disruption in production and supply, ceasing demand as consumer confidence is shaken up. However, the future of automobile sector will heavily rely on electronic vehicles as emission norms will get stringent.

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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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Viscosity Index Improvers Market to reach US$ 4,699.3 Mn by 2029 – FMI

Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to exceed the US$ 5 Bn mark by 2029 end, the overall growth outlook would remain sluggish.

The demand for viscosity index improvers is expected to rise during the forecast period due to increased demand from a variety of applications. Increasing demand for high-performance lubricants, as well as rapid industrial growth in China, India, and other developing countries, is expected to drive the viscosity index improver market over the forecast period. Considering this, FMI has forecasted the global Viscosity Index Improvers sales to reach a valuation of US$ 4,699.3 Mn in 2029.

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Consistently soaring consumption of vehicle lubricants such as engine oil, transmission fluids, and break oil by OEMs and aftermarket operators will continue to significantly contribute to the growth of viscosity index improvers market.

Viscosity Index Improvers Market​ Key Takeaways

  • The demand for lubricants is estimated to reach 40 Mn Tons by the end of 2022.
  • The penetration of high performance lubricants in automotive as well as industrial sectors is increasing with growing focus on lubrication for performance efficiency of industrial machinery and automotive components.
  • Increasing labelling initiatives have propelled the demand for ISO-grade viscosity lubricants. High-quality lubricants have optimum viscosity, offer corrosion protection, and ensure oxidative stability.
  • Major companies are focused on the development of bio-preferred or bio-based products, which are compliant with the changing regulatory scenario. For instance, Croda International Plc is developing ester-based viscosity index improvers, which are bio-preferred.
  • High regulatory standards laid down by organizations such as NHTSA & EPA, and growing emphasis on fuel economy have made the usage of viscosity index improvers crucial.
  • Viscosity index improvers are commonly used in multi-grade engine oils. Increased adoption of high-performance engines has boosted the demand for high-quality engine oils with appropriate viscosity, which in turn, is positively impacting the growth of the viscosity index improvers market.
  • Other industries such as marine, railways, energy & power generation/transmission equipment are also increasing the demand of high-quality lubricants, thus propelling the growth of viscosity index improvers market.
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The viscosity index improvers market is witnessing a paradigm shift in terms of innovation and manufacturing, from traditional synthetic products to bio-based or bio-preferred products that are in compliance with regulatory framework. This transition, along with production cost optimization, will drive substantial demand for the product in automotive as well as non-automotive applications.

Viscosity Index Improvers Market: Competition Landscape

According to FMI analysis, the global viscosity index improvers market is moderately consolidated with key market players such as Infenium International Limited, Chevron Oronite LLC, Afton Chemical Corporation, The Lubrizol Corporation, Evonik Industries AG, and Mitsui Chemicals accounting for a significant share in the global market. Leading market players are strategically engaging in the development of close working relations with lubricant manufacturers for ensuring long-term supply contracts.

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Changing Regulatory Scenario Encourages Advancements in Lubrication Technology

The demand for viscosity index improvers is directly proportional to the production rate of lubricants. Changing regulatory scenario and imposition of emission standards have led to the development of high-quality lubricants, which has increased the penetration of lubricant additives such as viscosity index improvers. Development of new customized product variants for target applications along with existing products gives a competitive edge to manufacturers.

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Motorcycle Chain Sprocket Market is anticipated to witness a considerable value CAGR of 6.2% during the period of 2022 and 2027

Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.

[175 Pages Reports] Future Market Insights (FMI) has projected the global motorcycle chain sprocket market to grow with year-on-year value growth of 5.7% in 2022 reaching a value of about US$ 2,315.1 Mn by 2022 end. A chain and sprocket are employed when the distance between shafts is higher than the gearing’s intended size. A bike uses a chain and sprocket because the specified distance between shafts makes gear-to-gear meshing difficult. The chain holds the wheel sprocket and transfers the engine power into forwarding speed by turning the wheel. The global motorcycle chain sprocket market is anticipated to witness a considerable value CAGR of 6.2% during the period of 2022 and 2027.

Moreover, apart from ease of installations and servicing, lightweight feature of the chain sprockets will remain the most rewarding factor, thereby, increasing its installations in motorcycles. FMI forecasts that global motorcycle chain sprocket market revenues will reach approximately US$ 1.9 Billion, by 2019-end. The size of the market is based on estimates of the number of chain sprockets shipped, during the same time period.

“The global market for motorcycle chain sprocket continues to grow with increasing product and sales of motorcycle specifically in emerging markets, paradigm shift towards light weight vehicle components to control the automobile emission and increase the vehicle life, and flourishing aftermarket for motorcycle chain sprocket determined by factors, such as distance driven, number of vehicles in operation, and ownership time” Senior Analyst, FMI.

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Electric Bikes and Tax on Luxury Items Continue to Strain Revenue

However, several government initiatives such as the introduction of electric bikes—aimed at controlling vehicular pollution, could substantially restrict the demand for conventional motorcycles, and thereby chain sprockets used in such vehicles. China, being one of the largest markets for two-wheelers is aggressively promoting electric bikes for transportation, considering its low cost, energy efficient, emission-free systems, and no license and registration.

Tax on luxury items has considerably increased in some markets of Asia Pacific, such as India. The Indian government has increased the tax to 31 percent on conventional motorcycles with engines greater than 350cc, which in turn could slow down the sales of luxury and heavy engine capacity conventional motorcycles. Furthermore, Singapore has adopted a new system of additional registration fees (ARF), which will add more costs to conventional motorcycles and therefore, render them expensive, leading to a decrease in the sales of conventional motorcycles and adversely affect the motorcycle chain sprockets market.

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Competition to Remain Relatively High; Manufacturers Favor APEC Markets

  • The top 8 companies in the global motorcycle chain sprocket market are estimated to hold approximately 16-21 percent of the overall market in terms of value.
  • Tsubakimoto Chain Co., Regina Catene Calibrate Spa, Jomthai Asahi Co.,Ltd, L.G.Balakrishnan & Bros Ltd., and Rockman Industries Ltd. are some of the leading global and local manufacturers of motorcycle chain sprockets.
  • While the tier-1 and tier-2 companies generate over US$ 50 Mn and between US$ 20 Mn to US$ 50 Mn through the sales of motorcycle chain sprocket, respectively, the tier-3 companies generate less than US$ 20 Mn, as per the report.
  • Focus remains on manufacturing low maintenance and high efficiency motorcycle chain sprocket to improve the overall functioning and life of drive chain.
  • Manufacturers are focusing on entering into long-term supply contracts with OEM of two wheelers in order to gain a strong hold in the domestic markets of APEC.
  • Apart from expanding its product portfolio, manufacturers of motorcycle chain sprockets are also focusing in expanding their production or sales capacities in developing regions.
  • FMI predicts heavy investments in research and development initiatives to bring innovation in the manufacturing processes to develop differentiated products.

Regionally, developing regions are expected to remain highly lucrative for new market entrants given the easy availability of raw materials and minimal infrastructure requirements combined with lack of stringent government regulations, thereby creating a favorable investment environment.

Apart from key market influencing dynamics and competitive landscape, FMI also offers an in-depth segmental analysis—on the basis of motorcycle type (standard, cruiser sports, and mopeds and others), engine capacity (up to 150 cc, 151-300 cc, 301-500 cc, and above 500 cc), chain type (standard rolling chain, O ring chain, and X ring chain), and sales channel (OEM and Aftermarket)

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Market Segmentation

By Engine Capacity

  • Upto 150 CC
  • 151-300 CC
  • 301-500 CC
  • Above 500 CC

By Chain Type

  • Standard Rolling Chain
  • O Ring Chain
  • X Ring Chain

By Motorcycle Type

  • Standard
  • Cruiser
  • Sports
  • Mopeds & Others

Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Latin America
  • Europe
  • China
  • APEC
  • MEA

Table Of Content

  1. Global Motorcycle Chain Sprocket Market – Executive Summary
  2. Global Motorcycle Chain Sprocket Market Overview

2.1. Introduction

2.1.1. Global Motorcycle Chain Sprocket Market Taxonomy

2.1.2. Global Motorcycle Chain Sprocket Market Definition

2.2. Global Motorcycle Chain Sprocket Market Size (US$ Mn & Volume) and Forecast, 2013-2027

2.2.1. Global Motorcycle Chain Sprocket Market Y-o-Y Growth

2.3. Global Motorcycle Chain Sprocket Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. Service Provider List

2.9. Key Participants Market Presence (Intensity Map) By Region

Key Questions Answered in the Report

  • How has the Motorcycle Chain Sprocket market evolved in the past four years?
  • What shape is the Motorcycle Chain Sprocket market expected to take in terms of value during the study period?
  • What are some of the prevailing market dynamics in the Motorcycle Chain Sprocket market?
  • What are some of the competition developments and trends affecting the Motorcycle Chain Sprocket market?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the Motorcycle Chain Sprocket market?
  • What are the important key challenges, opportunities and improvement factors for Motorcycle Chain Sprocket market players?
  • What are the important market positioning and key strategies of key service providers as per the Motorcycle Chain Sprocket market taxonomy?
  • How is the competition structured at present and how has it evolved in the Motorcycle Chain Sprocket market over the past few 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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Cable Trays Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2030

Global Cable Trays Market – Market Introduction

Cable trays are prominently used across the world in routing and organizing power cables in commercial as well as non-commercial premises. In industrial and other commercial facilities power cables are used for distributing large amount of electricity to machines, equipment, etc. Cable trays are effective cable management solutions particularly for distributing power.

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Global Cable Trays Market – Market Dynamics

The global market for cable trays is characterized by supply of cable trays that have good tensile strength and heavy load carrying capacity. Manufacturers of cable trays manufacture products that have reliable characteristics and effective functionality. Cable trays are highly preferred by end consumers as they provide ease of maintenance in cable management system.

The global demand for cable trays is expected to grow prominently due to requirement in the telecom industry. The telecom market segment is anticipated to sustain the growing demand for cable trays over the forecast period 2017-2025.

Cable trays provide effective functionality in organizing and arranging large and complex network of cables or wires. Cable trays are easy to inspect and provide resistance to fire thus safeguarding significant asset value to end consumers. Galvanization of cable trays gives extra life to the cable trays.

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Cable trays with long life span maximizes its usage in industries which have high initial investment. Cable trays due to longer life span are not frequently replaced by end consumers. One of the vital feature of cable tray that they can carry heavy loads.

Heavy load carrying capability of cable trays make cable trays a preferred solution for applications that require more complex and heavy wiring system. With urbanization and growing energy demand the global market for cable trays is expected to witness growing demand.

Manufacturers are also supplying cost efficient cable trays and cable trays with simpler designs particularly for hospitality industry in order to save costs and pace utilization. Airports and commercial buildings which have to carry bulk of high voltage cables and broadband wires are further fuelling the demand for cable trays in the global market.

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Global Cable Trays Market – Regional Overview

Global cable tray market can be segmented into seven regions North America, Western Europe, Japan, Asia Pacific Region, Middle East and Africa and Eastern Europe. North America dominates overall cable tray market globally as this is region has most advanced industrial and commercial sectors.

Global Cable Trays Market – Competition Landscape

Some of the key players operating in the global cable trays market include Atkore International, Chatsworth Products, Schneider Electric, Legrand Electric Ltd, Oglaend System, Thomas & Betts Corporation, MP Husky USA Cable Tray Cable Bus, Chalfant Manufacturing Company, Marco Cable Management, TechLine Mfg., Unitrunk Ltd.

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Cable Trays Market – Market Segmentation

The global cable trays market is segmented on the basis of product type, material type and by application type.

On the basis of product type, the global cable trays market can be segmented as follows:

  • Ladder Straight Cable Tray
  • Wire Basket Cable Tray
  • Horizontal Tee Cable Tray
  • Horizontal Elbows Cable Tray

On the basis of material type, the global cable trays market is segmented as follows:

  • Metal cable tray
  • Plastic cable tray
  • Others

On the basis of end use industry, the global cable trays market is segmented as follows:

  • Telecommunications
  • Industrial
  • Building and Construction
  • Others

Automotive Gas Charged Shock Absorbers Market to grow at overall compound annual growth rate (CAGR) of 5.0% between 2021 and 2031

The global market for automotive gas charged shock absorbers – standing at an approximate valuation of US$ 2.9 Billion in 2021 in terms of revenue sales, is likely to observe a robust annual growth rate over the next few years. Expanding at a CAGR of approximately 5%, the global automotive gas charged shock absorbers market is projected to exceed the revenue of US$ 3.4 Billion towards 2022 end.

Explaining the market dynamics, a senior research analyst at Future Market Insights, elaborates, “Driver’s safety and driving comfort are the two major factors favouring automotive gas charged shock absorbers demand, globally.

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An important part of a vehicle’s suspension, automotive gas charged shock absorbers reduces the effect of travelling in rough terrains, by controlling excessive suspension movements providing a much firmer ride. Ride and handling performance of a vehicle will remain the top influencers in consumer buying decisions, with demand being significantly high in region with poor road conditions”.

Explaining further, the analyst explains, “All vehicles, whether passenger cars to heavy duty trucks, are being increasingly equipped with damping control technology, ensuring improved on-road performance along with protecting critical vehicular components against premature wear and failure.

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Technologically Advanced Electronic and Monotube Variants to Take Over Conventional Shock Absorbers

Compared to the twin-tube design, a monotube shock absorbers are being increasingly preferred owing to its design that further prevents any aeration and cavitation from occurring. Considered ideal for luxury sedans, SUV rear axles, and sports car applications, monotube shock absorbers offers faster damping reaction and prompt responses to changing road conditions, as a result of continuous pressure exerted on the oil, by the gas.

M&A Remains a Preferred Forward Market Strategy

FMI anticipates strategic mergers and acquisitions to remain a critical expansion strategy among manufactures of automotive gas charged shock absorbers, creating a substantial opportunity for the shock absorber market. Some key developments include:

  • Recently, Samvardhana Motherson Group (SMG) entered in a partnership with MS Global India Pvt. Ltd., engaged in the manufacturing of pressed sheet metal and frames for chassis used in commercial vehicles. This partnership is aimed at business expansion in the automotive vehicle components sector. During the same fiscal year, the company established a shock absorber manufacturing company, Magnetti Marelli Shock Absorbers India Pvt. Ltd., to supply shock absorbers for automotive vehicles.
  • In 2018, Tenneco Inc. offered Continuously Variable Semi-Active (CVSA2) suspension technology for SUVs of Mercedes-Benz G-Class. The aim for this product launch was to enrich its market share in the SUV vehicle segment.

FMI Offers Segmentation Analysis of Automotive Gas Charged Shock Absorbers

  • Europe, is anticipated to remain the most lucrative region as the automotive parts and accessories industry continues to remain strong in the region, on account of positive sentiment and perception towards European parts and component. Moreover, intense transition towards EVs and ADAS, collaboration with tech companies, and increasing investment in R&D are likely to be the key trends in the Europe automotive gas charged shock absorbers market.
  • Automotive gas charged shock absorbers market in India and SEAP is anticipated to grow at a notable growth rate during the forecast period
  • Sales of automotive gas charged shock absorbers through OEM channel is anticipated to represent a market share of nearly 45 percent, through the forecast period of 2018 to 2027, growing at US$ 181.9 Mn annually.
  • Revenue from aftermarket automotive gas charged shock absorbers segment is anticipated to increase at moderate CAGR, valued a little over US$ 208 Mn by 2027.

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Automotive Gas Charged Shock Absorbers Market: Segmentation

Sales Channel:

  • OEM
  • Aftermarket

Vehicle Type:

  • Passenger Car
  • LCV
  • HCV
  • Two Wheelers

Design Type:

  • Twin
  • Mono

Region:

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

Table Of Content

  1. Global Automotive Gas Charged Shock Absorbers Market – Executive Summary
  2. Global Automotive Gas Charged Shock Absorbers Market Overview

2.1. Introduction

2.1.1. Wheel of Fortune

2.1.2. Global Automotive Gas Charged Shock Absorbers Market Taxonomy

2.1.3. Global Automotive Gas Charged Shock Absorbers Market Definition

2.2. Global Automotive Gas Charged Shock Absorbers Market Size (US$ Mn & Volume) and Forecast, 2013-2027

2.2.1. Global Automotive Gas Charged Shock Absorbers Market Y-o-Y Growth

2.3. Global Economic Outlook

2.4. Global Gross Domestic Product (GDP) Outlook

2.5. Global Two Wheelers Market Overview

2.6. Porter’s Five Forces Analysis

2.6.1. Threat of New Entrants

2.6.2. Bargaining Power of Suppliers

2.6.3. Rivalry among Existing Competitors

2.6.4. Availability of Substitutes

2.6.5. Bargaining Power of Buyers

2.7. Forecast Factors

2.8. Global Automotive Gas Charged Shock Absorbers Market Dynamics

2.9. Market Attractiveness Analysis by Region

2.10. Supply Chain

2.11. Cost Structure

2.12. Pricing Analysis By Key Segments

2.13. Pricing Analysis By Region

2.14. Key Participants Market Presence (Intensity Map) By Region

  1. North America Automotive Gas Charged Shock Absorbers Market Size and Forecast, 2013-2027

4.1. North America Market Outlook

4.2. North America Automotive Industry Outlook

4.3. Revenue (US$ Mn) & Volume Comparison, By Country

4.4. Revenue (US$ Mn) & Volume Comparison, By Sales Channel

4.5. Revenue (US$ Mn) & Volume Comparison, By Vehicle Type

4.6. Revenue (US$ Mn) & Volume Comparison, By Design Type

Key Points Covered In Automotive Gas Charged Shock Absorbers Market Research

  • Market Estimates And Forecast 2021 – 2031
  • Key drivers and restraints impacting the market growth
  • Segment wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on automotive Gas Charged Shock Absorbers Market And How to Navigate
  • Recommendations on Key Winning Strategies

About Future Market Insights (FMI)

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

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Vulcanization Accelerators Market to reach US$ 2,301.6 Mn by 2029 – FMI

The latest study published by Future Market Insights (FMI) on the vulcanization accelerators market incorporates the global industry analysis for 2014 – 2021 and market opportunity assessment for the forecast period of 2022 – 2029. The market study divulges decisive insights and offers exhaustive market analysis for the historical as well as forecast period. As per the market assessment in the report, the global vulcanization accelerators market is estimated to witness substantial growth due to growing demand from the tire industry.

The global vulcanization accelerators market was evaluated at ~US$ 1.4 Bn in 2021 and is anticipated to grow with ~4% CAGR during the forecast period i.e., 2022 – 2029.

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Tire is an irreplaceable automotive component, and its demand has been on the rise over the years. As tires of heavy vehicles need to be replaced more frequently, the industry is responsible for the maximum consumption of vulcanization accelerators. Thus, growing tire production and replacement activities are estimated to fuel the growth of the vulcanization accelerators market, as reported by FMI.

Apart from tires, rubber is also used in other automotive parts such as wiper blades, engine mounts, seals, hoses, and belts. Growing automotive production will elevate the manufacturing of automotive rubber parts and components. Thus, increasing the consumption vulcanization accelerators.

Rubber is used extensively in industrial products such as rubber belts, rubber buckets, rubber pads, rubber lining, rubber rollers, and rubber mats, among various other products. Apart from these, rubber finds key application in the manufacturing of medical products such as condoms, surgical gloves, stoppers, tubes, cushioning or supporting materials, breathing bags, implants, prosthetics and catheters, etc. Thus, growing rubber consumption in medical and industrial sectors is estimated to surge the demand for vulcanization accelerators.

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East Asia to Represent Significant Opportunities for Manufacturers

Japan and China are few of the leading tire manufacturing countries. China is assessed to be a prominent tire producer. Presence of companies such as Yokohama Rubber Company and Bridgestone Corporation, makes Japan a substantial tire manufacturing country. In addition, China’s auto industry has witnessed significant growth in the recent years, leading to subsequent increase in the tire production. However, fluctuating raw material prices due to trade wars and oversupply of materials are affecting local manufacturers. Besides, imposition of stringent regulations on tire exports from European countries and the U.S is expected to create further problems for tire manufacturers. However, East Asia is estimated to be a prominent market for vulcanization accelerators, due to increasing sales of passenger and commercial vehicles and rising demand for replacement tires. Increasing population, improved standards of living, and increasing electric vehicle production will upsurge the demand for tires in East Asia, which will positively influence the growth of the vulcanization accelerators market. Further, increased emphasis on high quality medical and industrial rubber products is expected to propel the demand for vulcanization accelerators in the region.

Thiazoles and Sulfanamides to Remain Prominent Product Choices

The global vulcanization accelerators market has been categorized on the basis of product and application, along with regions.

  • Based on product, primary accelerators – thiazoles and sulfonamides, are projected to remain prominent product choices in the upcoming years, and are expected to hold a significant share in the global vulcanization accelerators market throughout the forecast period.
  • Although adoption in automotive industry continues to account for relatively high sales, growing application in industrial sector is likely to result in increased market share. Growing tire production and replacement activities as well as automotive industry growth are estimated to augment the vulcanization accelerators market growth.

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Vulcanization Accelerators Market: Manufacturer Insights

According to the FMI analysis, the global vulcanization accelerators market is moderately consolidated with global and regional players playing key roles. The global vulcanization accelerators market report shades light on few of the key industry players in the global market. Some of the examples of key players in the market are Lanxess AG, Arkema, Eastman Chemical Company, Sumitomo Chemical Co., Ltd., NOCIL Limited, and Kumho Petrochemical, among others.

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Transport Packaging Market | Where Should Participant Focus To Gain Maximum ROI

Transport Packaging Market Overview

Packaging is required for the supply-demand chain as it can protect the goods from contamination during transportation and warehousing. In recent times, providing safe transportation has become an important aspect of packaging. Transport packaging mainly focuses on the packaging requirements for goods while they are transit, particularly while traveling by road or rail overland.

As a result, it is the responsibility of packaging manufacturers to design as per local conditions and protect the goods while they are transit. Transport packaging protects the cargo from elements such as accidents, excessive temperature or heavy rain, humidity, etc.

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Due to all these features of transport packaging, the market is expected to grow tremendously over the forecast period 2017-2025. Transport packaging must have several stages of transit before reaching its final destination. It includes off-loading, repackaging and reloading of the cargo. Transport packaging should be versatile so that it can facilitate this process whenever necessary.

Global Transport Packaging – Market Dynamics:

The increase in shipping and logistic business are the key factors augmenting the growth of transport packaging. Transport packaging market is expected to grow at a CAGR of 5% over the forecast period. Transport packaging is the most important part of logistics for various industries such as agriculture, automotive, building & construction, chemicals & pharmaceuticals, electrical & electronics, oil & lubricants, etc.

Transport packaging also helps in optimizing the package shape of the product so that it can reduce the distribution cost without compromising the protection of the goods. Furthermore, transport packaging is benefited by various innovations and rapid development within the industries across the globe.

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In addition, with the growth of emerging economies in the field of the industrialization, transport packaging has been impacted positively and is expected to witness a healthy growth. Moreover, the market for transport packaging is hampered by various environmental concerns from chemicals for industrial packaging in transportation.

Global Transport Packaging – Regional Overview:

The global transport packaging market can be divided into seven major regions which are as follows:

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

North America region is expected to dominate the market for transport packaging over the forecast period due to its large shipping and cargo industry. Europe region is also expected to witness an above average growth for transport packaging market over the forecast period.

In Asia Pacific region, transport packaging market is expected to witness the highest growth over the forecast period due to its large logistic and shipping industry. Furthermore, the rising supremacy of Asia Pacific region is creating opportunities for packaging manufacturers due to its high economic growth rate for rapid industrialization.

Latin America and the Middle East & Africa region are expected to witness steady growth for transport packaging market.

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Global Transport Packaging – Key players:

Few of the key players in transport packaging are SGS SA, Eltete TPM Ltd., Nefab AB, International Paper Co, BEUMER Group GmbH & Co. KG, Papier-Mettler KG, Deufol SE, Honeycomb Cellpack A/S, Mondi Group PLC,  Borealis AG, Dongguan Uni-Packing Heavy-Duty Packing Technology Co., Ltd., Yinghua Plastic Products Co., Ltd., Forest Printing & Packing Co., Ltd., Shenzhen Sihai Packaging Material Co., Ltd., Hengxin Industry Co., Limited, etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Precious Metal Plating Chemicals Market is set to grow at 3.9% CAGR through 2027

The global precious metal plating chemicals market is currently witnessing steady growth and is expected to reflect a noteworthy valuation by the end of the assessment year in 2027. Future Market Insights has covered a detailed analysis of the global precious metal plating chemicals market and presented the insights in a systematic and orderly fashion in its new research report titled “Precious Metal Plating Chemicals Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. This research includes insights on various market segments across key geographies.

It also includes an in-depth analysis on various trends, drivers, restraints and opportunities in the precious metal plating chemicals market that influence the growth of the global market. The research study covers value and volume projections of the different market segments and presents future market projections based on historical data and the current market scenario. This analytical research report can assist upcoming businesses by showcasing key recommendations that can be used to gain stability given the changing market dynamics of the global precious metal plating chemicals market.

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Global Precious Metal Plating Chemicals Market: Segmental Highlights

The global precious metal plating chemicals market is segmented by chemical base metal, by end use industry, by product form and by region.

  • By product form, the solution/concentrate segment is expected to be highly lucrative. This is the fastest growing segment in this category and is projected to register a CAGR of 4.0% during the period of forecast to reach a valuation of around US$ 1,950 Mn by 2027 end.
  • By end use industry, the electrical and electronics segment is the largest in terms of value and is expected to dominate the global market. By 2027 end, this segment is estimated to reach a value more than US$ 900 Mn. The hardware and other industrial segment is projected to grow at a comparatively higher CAGR of 4.2% throughout the forecast period. However, the electrical and electronics segment reflects higher market attractiveness and high scope for growth in the coming years.
  • By region, Asia Pacific excluding Japan (APEJ) is a high growth regional market for precious metal plating chemicals during the forecast period. The precious metal plating chemicals market in this region is projected to grow at the highest pace compared to other regions and is expected to witness a market valuation a bit under US$ 650 Mn by 2027 end.
  • By chemical base metal, gold is the dominating segment and is expected to reflect a 1.5x increase in revenue during 2017-2027. This segment is projected to register a high CAGR of 4.3% during the forecast period.

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Global Precious Metal Plating Chemicals Market: Aspects Influencing Growth

Increasing demand for precious metal plating chemicals from the electrical and electronics sector, growing use of precious metal plating chemicals in the aerospace industry, increasing governmental support in the electronics industry ultimately pushing the demand for precious metal plating chemicals, growing automotive industry aiding the demand for precious metal plating chemicals, expanding consumer electronics market supporting the growth of precious metal chemicals and increasing demand from diverse end use industries at a global level are pushing the growth of the global precious metal plating chemicals market. Aspects restricting the growth of the market are challenges associated with raw material procurement and price fluctuations, strict regulations governing the manufacture and disposal of cyanide based chemicals and the use of alternatives such as development of non-platinum group metal catalysts.

Global Precious Metal Plating Chemicals Market: Forecast

The global precious metal plating chemicals market is expected to reach a valuation of more than US$ 2 Bn by the end of the assessment year from a value of below US$ 1,500 Mn in 2017. The global precious metal plating chemicals market is projected to grow at a CAGR of 3.9% throughout the period of assessment.

Global Precious Metal Plating Chemicals Market: Company Profiles

The report includes key profiles of major companies dealing with precious metal plating chemicals. Company details such as company overview, key personnel, strategies, key financials, SWOT analysis, key developments, product portfolio analysis and geographical spread are covered in the report. Profiling of companies such as Heimerle + Meule GmbH, JAPAN PURE CHEMICAL CO. Ltd., American Elements, Shaanxi Kaida Chemical Engineering Co., Ltd., Metalor Technologies International SA, Heraeus Holding, MATSUDA SANGYO CO., LTD., Superchem Finishers, SAXONIA Edelmetalle GmbH, UMA CHEMICALS, LEGOR GROUP S.p.A., Johnson Matthey, Umicore, Robert Chemical Co., Inc., Technic Inc., Electrochemical Products, Grauer & Weil (India) Limited, Riko Chemicals Pvt. Ltd., Micron Platers and Solar Applied Materials Technology Corporation has been done.

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Market Segmentation

By Chemical Base Metal

  • Platinum
  • Rhodium
  • Gold
  • Silver
  • Palladium
  • Others (Iridium, Etc.)

By End Use Industry

  • Aerospace
  • Electrical and Electronics
  • Medical Device
  • Automotive
  • Jewelry
  • Hardware and Other Industrial

By Product Form

  • Solid/Powder
  • Solution/Concentrate

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Japan
  • Asia Pacific excluding Japan (APEJ)
  • Middle East and Africa (MEA)

Coating Additives Market will surpass a valuation of US$ 8,851 Mn by the end of 2022

The recent study conducted by Future Market Insights (FMI) reveals that the global coating additives market will surpass a valuation of US$ 8,851 Mn, registering a CAGR of 4.8% during 2017 to 2022. There has been a significant rise in the use of coating additives in painting of surfaces that face external issues such as biocides, decaying caused by chemicals, high temperature and abrasion.

In recent years, the building and construction sector has witnessed tremendous growth, simultaneously making a positive impact on the sales of coating additives. Increasing consumer awareness about importance of using high-quality painting materials for buildings and houses is also driving the demand for various types of coating additives.

Further, arrival of more advanced and efficient coating additives has led to greater usage of the product in the automotive industry. The new variants of coating additives offer a superior functionality in keeping the exterior paint work of cars at optimum condition for prolonged durations. Also, coating additives continue to gain traction in the manufacturing of several aviation, industrial engineering as well as wood & furniture products.

However, increasing concerns over harmful effects of VOC found in coating additives continue to be a major growth deterrent for the market. This, in turn, is prompting manufacturers to make greater efforts in developing environmental-friendly coating additives such as water-borne or bio-based. Moreover, introduction of such coating additives can create new market opportunities in the foreseeable future. Such factors are anticipated to shape the dynamics of the global coating additives market during the assessment period.

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Additional Highlights of the Report Include:

  • Based on formulation, the solvent based segment will retain is top position in 2017 and beyond. In terms of revenue, this segment currently accounts for more than 50% share of the global market. In addition, the solvent based segment is estimated to reach a valuation of over US$ 4,954 Mn towards the end of 2022.
  • On the basis of product type, the acrylics segment will remain dominant over 2022. This segment presently commands for more than one-fourth revenue share of the market and is expected to surpass a market valuation of US$ 2,401 Mn by the end of the assessment period, reflecting a steady CAGR.
  • By application, the rheology modification segment will remain highly attractive throughout the assessment period. This segment presently accounts for over 30% market share in terms of revenue and is expected to soar at a CAGR of 4.4% from 2017 to 2022

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Europe to be at the Forefront; North America & APEJ to follow

FMI’s report mentions that the market for coating additives in Europe will retain its leading position over 2022. In addition, the region’s coating additives market is set to soar at an impressive rate and procure more than US$ 1,799 Mn by the end of forecast period.  This is primarily owing to the influx of emigrants in the region, which is resulting in greater demand for construction supplies including paints and coating additives for housing and relief shelters. Among other regions, North America and Asia-Pacific excluding Japan (APEJ) are also projected to witness steady growth of their respective coating additives markets. During the forecast period, market in the APEJ region is expected to exhibit the fast CAGR.

The report has also mentioned key companies functioning in the global market for coating additives, namely Arch Chemicals, Ashland Global Holdings, Inc., Asahi Glass Co., Ltd., Evonik Industries AG, Lonza Group AG, Akzo Nobel NV, Arkema SA., BASF SE, BYK-Chemie GmbH, Dow Chemical, Momentive Performance Materials, Inc., and Solvay SA. Majority of these market players are concentrating of further improving the efficient and functionality of their product.

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Market segmentation

Product Type

  • Acrylics
  • Fluoropolymers
  • Urethanes
  • Metallic Additive
  • Others (epoxy, polyalkyds, and amines)

Formulation Type

  • Solvent Based
  • Water Based

Application

  • Rheology Modification
  • Biocides Impact Modification
  • Anti-Foaming
  • Wetting & Dispersion
  • Others (slip & rub, flexibility, curing, and so on)

End Use Industry

  • Automotive
  • Architectural
  • Industrial
  • Wood & Furniture
  • Others