Hazardous chemicals packaging Market 2022: Increasing Demand for Efficient Management Practices Report

Hazardous Chemicals Packaging: Market Introduction

Globally, hazardous chemicals are a factual presence in various societies and could pose a threat if not managed or handled carefully. The global hazardous chemicals packaging market is characterized by packaging technology to protect and transport chemical products.

Manufacturers of chemicals packaging provide various solutions for hazardous chemicals such as IBCs, drums, bins etc. Hazardous chemical packaging eliminates the transit damage and increases the shelf life of the products during transportation as well as during storage. Moreover, hazardous chemical packaging solutions offers safety not only to the products but also to the labors.

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The risk of spillage, explosion and corrosion is reduced owing to efficient encapsulation of chemical products. Hazardous chemical packaging offers protective solution to chemicals which are extensively used in chemical and in pharmaceutical industries.

Hazardous Chemicals Packaging: Market Dynamics

The major reason leading to the market growth of hazardous chemicals packaging is the outsourcing of chemicals across globe. The growth of hazardous chemical packaging is vastly driven by the use of intermediate bulk containers which offers enhanced performance and are cost effective than other packaging containers. Increasing penetration of hazardous chemical packaging in pharmaceuticals sector leads to increase in market share.

Moreover, hazardous chemical packaging offers protective solution and prevents the risk of spillage and explosion. High durability and increased performance of hazardous chemical packaging solutions such as IBCs, drums among others making them preferred packaging solutions over other packaging formats.

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Low cost, performance and reusability of drums in the transportation and storage of hazardous chemicals, resulting in wide usage packaging solutions. Factor leading to the burgeoning demand of hazardous chemicals packaging market is that it ensures the safety of labors regarding health. Furthermore, hazardous chemical packaging solution offers high stack ability ensuring the safety of the product inside.

Hazardous chemical packaging market is gaining traction among manufacturers owing to the growing demand for metal IBCs. Hazardous chemical packaging solution eliminates the product damage and provides an extended shelf life to the products inside.

Despite the favorable conditions for the growth of hazardous chemicals packaging market, there are certain factors that hinder the growth such as hazardous chemicals may lead to corrosion of the packaging material which may result in product spillage and induces health related risk.

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Hazardous Chemicals Packaging: Regional Outlook

Hazardous chemical packaging market has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America.

North America is expected to dominate the overall market share of hazardous chemicals market owing to increase in shipping & logistics sector over the forecast period. North America is followed by APAC region and is anticipated to register highest growth rate over the forecast period.

Europe region is expected to account significant market share in hazardous chemicals packaging market owing to mature market. MEA region is also expected to gain momentum in hazardous chemical packaging market as the region is focusing on non-oil and gas economy by increasing shipping & logistics market.

Hazardous Chemicals Packaging: Key Players

Some of the key players in the field of hazardous chemicals packaging market are Time Technoplast Ltd., Thielmann US LLC, Precision IBC, Inc., Hawman Container Services.

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 market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • 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.

Hazardous Chemicals Packaging: Market Segmentation

Hazardous chemicals packaging market has been segmented into material type, product type and end-use.

On the basis of material type, hazardous chemical packaging market has been segmented into

  • Metal
  • Plastic

On the basis of product type, hazardous chemical packaging market has been segmented into

  • Intermediate bulk containers (IBCs)
  • Rigid IBCs
  • Flexible IBCs
  • Folding IBCs
  • Drums
  • Bins
  • Plastic
  • Metal

On the basis of end-use, hazardous chemicals packaging market has been segmented into

  • Chemicals
  • Pharmaceuticals
  • Military
  • Others

Direct Thermal Inks & Coating Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2030

Direct Thermal Inks & Coating Market Overview

Global Direct Thermal Inks & Coating Market: Introduction

Direct Thermal Inks & Coatings are applied on the labels which are used in the pharmaceutical, food & beverages, shipping & logistics, and consumer goods industry. The Direct Thermal Inks & Coating is applied on the surface of the polymer film which gets chemically activated after the application of heat through the print head of the printer.

Direct Thermal Inks & Coating are used for the variety of labeling applications in the packaging industry. This type of coating is mainly applied on the high tear resistance polyester grades to ensure high quality, endurance, and response speed.

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The other applications of the Direct Thermal Inks & Coatings include airline bag-tags, shelf marking, event ticketing, etc. The Direct Thermal Inks & Coating film reduces the overall cost of the labeling and is economical in nature. When heated by the print head the direct thermal coated label turns black to create the image. Some of the companies present in the market provide direct thermal printer which is widely used globally for the direct thermal printing purpose.

The direct thermal coated films are generally costlier than the thermal transfer label but when the cost of the thermal transfer film and ink ribbon is considered, the price of both of the films becomes similar. The thermal printed labels or films are environment-friendly because of the absence of the ink ribbons.

Global Direct Thermal Inks & Coating: Market Dynamics

The demand for Direct Thermal Inks & Coating is increasing due to the high demand for the direct thermal printed labels in the developing as well as emerging economies. Direct thermal transfer coated labels eliminate the requirement of the ink ribbons which in turn makes it an environment-friendly labeling solution. However, the demand may decrease due to some of the disadvantages of the direct thermal printed films.

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The disadvantages include the fading of the print if exposed to direct sunlight, material prone to marking when scuffed or rubbed, inability to be used in high-temperature applications as the label or film may turn full black in color, and limited availability of the direct thermal label materials. There are lots of opportunities available for the new entrants in the direct thermal printing market in emerging economies where the technology is still not advanced.

The demand for Direct Thermal Inks & Coating is expected to increase at a high growth rate in the regions such as China, India, and Brazil. The threat in the Direct Thermal Inks & Coating market is the limited availability of the raw material.

Global Direct Thermal Inks & Coating Market: Regional outlook

Geographically, the global Direct Thermal Inks & Coating market is segmented into seven regions, namely North America, Latin America, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Western Europe, and the Middle East and Africa (MEA).

North America leads the global Direct Thermal Inks & Coating market due to high production capacity and large number of exports from the country which in turn increases the demand for direct thermal labels. Europe is the second largest region for the Direct Thermal Inks & Coating. In Europe, Germany and Italy dominate the market due to high consumption of the food and beverages in the region which requires direct thermal printed labels on their packaging.

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The other regions such as MEA and Latin America also offer high growth potential for the Direct Thermal Inks & Coating market in the next few years. Japan has witnessed noticeable penetration of these coatings due to high technological advancements in the region.

Global Direct Thermal Inks & Coating Market: Key players

Some of the players in the global direct thermal inks & coating market are Flint Group, Siegwerk Druckfarben AG & Co. KGaA, ALTANA Coatings, Interactive Inks & Coatings, and Sun Chemical Corporation.

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 market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Global Direct Thermal Inks & Coating: Market Segmentation

Direct Thermal Inks & Coating market is segmented as follows-

Direct Thermal Inks & Coating market segmentation by Ink Type–

  • Water-based Inks
  • UV-Curable Inks

Direct Thermal Inks & Coating market segmentation by End Use –

  • Consumer Goods
  • Shipping & Logistics
  • Industrial Goods
  • Automobile
  • Food & Beverages
  • Electrical & Electronics
  • Others

Lithium and Lithium Ion Battery Electrolytes Market anticipated to grow at a CAGR of ~13% during the period, 2022-2029

A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029.

The report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2019-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing activities across geographies.

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Ascending sales of electric vehicles in recent times has been working to the advantage of the lithium and lithium ion battery electrolytes market players. In order to win in the innovation game, manufacturers are continuously leveraging newer materials and novel technologies, according to the FMI’s analysis.

The global lithium and lithium ion battery electrolytes market value in 2019 is estimated at ~US$ 2.7 Bn, and is expected to increase at a CAGR of ~13% over the forecast period of 2019-2029. This progress in the market is majorly propelled by the growing consumption of lithium and lithium ion battery electrolytes as battery material for electric vehicles and electronics such as laptops, cameras, and personal digital assistants, among others. The power and energy industry has started using electrolytes for energy storage plants in multiple areas, increasing the usage of electrolytes for powering general industrials such as forklift, cement mixers, and air filters, among others.

China’s Market Attractiveness Rising

Although regions such Europe and North America are anticipated to hold significant market shares in the future, currently, the lithium and lithium ion battery electrolytes market growth is expected to be spearheaded by China, Japan, and South Korea.

Moreover, macroeconomic factors such as increment in GDP, consumer electronics, and automotive fleet as well as new production, increasing specialty chemical industry, and overall growth in the manufacturing sector are expected to reflect significant increase in opportunities in Asia Pacific. As a consequence, the growing automotive and consumer electronics industry is expected to increase the usage of lithium and lithium ion battery electrolytes significantly.

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Extensive Usage in Consumer Electronics and Automotive Industries

The lithium and lithium ion battery electrolytes market is segmented in four different segments, which are product, form, end use, and region.

  • By form, the liquid electrolytes are expected to hold a prominent share over the forecast period of 2019-2029.
  • By product, lithium-based electrolytes are consumed on a greater scale as compared to their counterparts including sulfide-, polymer-, and oxide-based electrolytes.
  • In terms of end-use, consumption of lithium and lithium ion battery electrolytes by the automotive industry is expected to account for relatively high sales, due to its growing application in batteries for electric vehicles. Increasing preference for greener modes of transportation, i.e., electric vehicles, has led to increasing production of electrolyte-powered batteries for these electric vehicle, thereby fueling the growth of the lithium and lithium ion battery electrolytes market.

Lithium and Lithium Ion Battery Electrolytes Market: Key Players’ Insights

This lithium and lithium ion battery electrolytes report focuses on few key market players, some of these have come out as market leaders. Few examples of such manufacturers in the lithium and lithium ion battery electrolytes market are as follows:

Shenzhen Capchem Technology Co Ltd, Shanshan Technology, Soulbrain MI, Guangzhou Tinci Materials Technolgy Co., TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD., GuangDong JinGuang High-Tech Co., Ltd, PANAX-ETEC, UBE Industries, and Zhangjiagang Guotai-Huarong New Chemical Materials Co., Ltd.

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The global lithium and lithium ion battery electrolytes market is highly consolidated with few players being prominent in the lithium and lithium ion battery electrolytes market under their trademarked names such as Sol-Rite™, POWERLYTE®, NANOMYTE® Series, and LMP® battery, among others.

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Automotive Bioplastics Market to reach US$ 1,442.2 Mn by 2029 – FMI

Future Market Insights (FMI) has forecasted the Automotive Bioplastics Market to grow with a year on year growth of 10.3% in 2022 reaching a value of about US$ 687.5 Mn by 2022 end.

The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2022-2029.

The global automotive bioplastic market is estimated to be valued at ~US$ 521 Mn in 2022 and is expected to increase at a CAGR of ~11% during the forecast period. As per the comprehensive analysis provided in the report, the global automotive bioplastic market is anticipated to witness considerable growth in the coming years owing to the steady increase in the adoption of bioplastic materials for various car components.

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Application wise, the interior segment is expected to hold prominent value share of the global automotive bioplastic market. This segment includes seats, dashboard, air-duct, HVAC, and other related interior components.

Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s analysis. Automotive bioplastic materials are not as affected by oil price instability the way petroleum-based materials are. Automotive bioplastics help reduce the dependency on limited fossil resources, which is a key growth driver for market, with fuel prices projected to surge significantly over the coming years.

Rising Demand for Electric Vehicles to Create High Growth Opportunities

Increasing environmental awareness and inconsistent fuel prices have influenced consumers, particularly in developed countries of North America and Europe, to opt for electric car models, such as plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).

Growing urban population, incentives for use of electric vehicles, reducing battery prices, strengthening transportation infrastructure in developed and emerging countries, and inter-governmental steps for electric vehicles are further driving the adoption of electric cars. This, in turn, is anticipated to contribute to the demand for automotive bioplastic materials during the forecast period.

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Governments have put immense pressure on automotive manufactures to reduce vehicle weight to achieve fuel economy. Nowadays, weights of vehicle modules in newer vehicles are much lighter than conventional ones, which had metal bodywork. It has been observed that these were nearly twenty percent heavier than today’s modules.

Companies are heavily investing in research & development and manufacturing strategies to reduce the weight of several body components. OEMs prefer bioplastic-based materials over conventional raw materials (steel) for specific applications as these help reduce the weight of the vehicle significantly and have other technological advancements over other materials.

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive bioplastic market. Few examples of key players in the automotive bioplastic market are Mitsubishi Chemical Corporation, Total Cobion PLA, NatureWorks LLC, Solvay Group, Eastman Chemical, Arkema Group, Braskem, Evonik Industries AG, BASF SE, and Dow Chemical Company, among others.

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Carbon Mold Market to reach US$ 501.4 Mn by 2028 -FMI

The Carbon Mold Market to exhibit an year on year growth of 8.6% in 2022 reaching a value of about US$ 279.9 Mn by 2022 end. Carbon Mold can be manufactured using many materials Carbon fiber and graphite are the examplese of most common materials used in carbon mold. Carbon Molds are used for molding of carbon composite parts used in variety of applications.

A recent market study revealed by Future Market Insights on the carbon mold market incorporates global industry analysis for 2014-2018 and market opportunity assessment for the forecast period of 2019-2029. The market study reveals crucial insights and provides an in-depth market analysis for the historical as well as forecast period. As per the market assessment in the report, the global carbon mold market is estimated to witness noteworthy growth due to growing demand from aircraft and automotive manufacturing sectors.

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Increasing government regulations are pressurizing OEMs to manufacture lightweight vehicles and aircrafts, leading to incorporation of lightweight materials such as carbon composites. According to FMI’s analysis, increasing demand for carbon composites from the automotive and aerospace industries along with rising adoption of carbon fiber parts and components in electric vehicles are expected to positively influence the carbon mold market.

Growing environmental concerns have shifted the trend towards the adoption of renewable energy. Wind energy has revolutionized the renewable energy sector, owing to increasing government support. Carbon molds are used in the manufacturing of lightweight wind turbine blades from carbon fiber and carbon composites. Increasing installations of wind turbines and growing wind energy installation projects across the globe are estimated to propel the demand for carbon molds.

Opportunities Abound in East Asia and South Asia

East Asia and South Asia, led by China and India respectively, are likely to witness substantial growth in commercial as well as defense aerospace sectors. Increasing military budget will primarily affect the defense aircraft manufacturing activities in the region, and it is likely to lead to upsurge in the demand for carbon mold. Installation of wind turbines has increased significantly in recent years, especially in China, India, and ASEAN countries, which will continue to work to the advantage of the carbon mold manufacturers.

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Increasing government regulations for the development of fuel-efficient vehicles and aircrafts in North America and Europe, have increased the demand for carbon composites. Predominance of automotive and aerospace industries and increasing adoption of carbon composites make North America and Europe prominent markets for carbon molds.

Carbon Fiber to Remain a Prominent Material Choice

The global carbon mold market has been categorized on the basis of material, different types of mold, and application, along with regions.

  • Based on material, carbon fiber is projected to remain the material of choice in the upcoming years, and subsequently hold a prominent share in the global carbon mold market throughout the forecast period.
  • On the basis of mold, the female mold is estimated to hold more than half of the market share owing to its cost effectiveness.
  • High application potential of carbon mold has been identified in aerospace & defense, followed by automotive & transportation. Increasing incorporation of carbon composites in automotive & aerospace industries is a prime factor responsible for the carbon mold market growth.

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Carbon Mold Market: Manufacturer Insights

According to the FMI analysis, the global carbon mold market is heavily fragmented with local and regional players playing key roles. The global carbon mold market report sheds light on few of the key industry players in the global carbon mold market. Some of the examples of key players in the market are MDC Mould & Plastic Co., Ltd., DEXCRAFT, Xiamen Fengjin Mold Industry Co., Ltd., Composite Mouldings Ltd., and DC Composites, among others.

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Ground And Precipitated Calcium Carbonate Market Key Players, End User, Demand and Consumption by 2026

Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of earth’s crust. It exists naturally in the form of limestone, marbles and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel, and agrochemicals among others.  Two of the prominent types of calcium carbonate that have found significant commercial applications are fine ground calcium carbonate and precipitated calcium carbonate. Derived from calcium carbonate, these compounds find application primarily as mineral fillers for plastics, paints & coatings, rubbers & elastomers among others. Besides, fine ground calcium carbonate and precipitated calcium carbonate are also used as pigments, processing aids, extenders, and impact modifiers across industries. Although the two product types serve similar range of applications, there do exist several distinctions among the two that drive the preference for one type over the other for certain specific application areas. Precipitated calcium carbonate is composed of relatively smaller sized particles, is relatively brighter and also has relatively higher calcium carbonate content as compared to fine ground calcium carbonate. The two calcium carbonate types are produced either by processing naturally occurring minerals or by synthetic route wherein chemical process is adopted to produce the desired product type.

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Global Ground and Precipitated Calcium Carbonate Market Dynamics

In terms of market volume, global ground and precipitated calcium carbonate market is expected to witness a steady growth, registering a moderate single digit growth compounded annual rate during the forecast period. This forecast growth in consumption of ground and precipitated calcium carbonate is expected to primarily be attributed to steady growth in demand from end use industries based in Asia Pacific region. Thus, steady growth of construction sector coupled with forecast steady growth of global automotive production is expected to positively impact the consumption of ground and precipitated calcium carbonate across end use industries. Moreover, steady growth in demand from plastics and rubber industries is expected to propel the global ground and precipitated calcium carbonate market over the forecast period. However, relatively sluggish to slow growth of paper industry, major ground and precipitated calcium carbonate consuming industry, across key markets such as Europe and North America is likely to act as an impediment to growth of global ground and precipitated calcium carbonate market during the forecast period. Also, relatively slower economic growth is expected to restrain the growth of the market in the initial phase of the forecast period.

Global Ground and Precipitated Calcium Carbonate Market: Regional Outlook

Moreover, on the basis of key geographical regions, global ground and precipitated calcium carbonate market has been segmented in to North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Japan, and Asia Pacific excluding Japan (APEJ). Among the aforementioned regional markets, consumption of precipitated and ground calcium carbonate is expected to be dominated by APEJ region, spearheaded by China. A steady growth is expected to be registered by ground and precipitated calcium carbonate market in the region during forecast period

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Global Ground and Precipitated Calcium Carbonate Market Players

A major share of overall global production capacity for the two compounds is concentrated in Asia Pacific region followed by Europe and relatively lower shares distributed across other parts of the globe. Some of the key players operating in global ground and precipitated calcium carbonate market include among others,

  • Solvay S.A.
  • Minerals Technologies Inc.
  • Imerys
  • Huber Engineered Materials
  • SCHAEFER KALK GmbH & Co KG
  • Longcliffe Quarries Ltd

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 market segments such as geographies, product types and end use industries.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. 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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Global Ground and Precipitated Calcium Carbonate Market Segmentation

Depending on type of product, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

  • Ground calcium carbonate
  • Precipitated calcium carbonate

On the basis of end use industries, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

  • Plastics
  • Rubber
  • Paper
  • Adhesives & Sealants
  • Paint & Coatings
  • Others

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
  • Must-have information for market players to sustain and enhance their market footprint

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Hydroponics Market with COVID-19 Impact Analysis, Top Companies, Market Growth, Trends, Service, Forecast To 2029

Hydroponics techniques have the distinctive capability to yield any type of crop throughout the year, in any season. Inconsistent climatic conditions cause a major strain on the supply chain of the global food market. Growing adoption of hydroponics systems by agriculturalists in several parts of the globe to ensure year-round harvest and to lessen food scarcity at regional levels is estimated to drive the growth of the global hydroponics market over the forecast period. Moreover, yearlong and consistent supply of hydroponics fruits/vegetables ensures constancy of food prices, irrespective of bad climatic conditions.

Key Takeaways from the Hydroponics Market Study

  • To reduce high energy costs associated with hydroponics cultivation, many companies are launching new LED lights that consume less electricity, and will be easier on the pockets of hydroponic farmers. For instance, In March 2017, HydroGarden, which is a U.K. based hydroponics equipment manufacturer, entered into an agreement with Plessey, which is a leading solid state lighting manufacturer. Plessey manufactures Hyperion series of LED units, which enable around 40% energy saving in comparison to sodium grow lights.
  • To maintain freshness and capitalize on the locally-grown appeal quotient, restaurants are increasingly using on-site hydroponic and aeroponic gardens for cultivation of vegetables and herbs. This trend is gaining popularity and is expected to continue to witness adoption in food outlets and food chains in many developed countries across the globe.
  • Microgreens are also called as sprouts, defined as young or baby vegetables that are primarily used to enhance the sensory appeal of dishes. Using hydroponic farming grown baby squash is also witnessing high demand from retail and restaurants. Thus, a number of farmers are adopting hydroponic farming in order to leverage this rising demand for such products in markets in developed countries, and this trend is expected to continue over the forecast period.

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“Adoption of hydroponics in lawns and backyards of houses is a major trend in developed countries. Much of this produce is for personal consumption, but in some cases is sold through local farmer markets and to unorganized small stores in the neighbourhood. Hydroponics based vegetables grown in houses are much cheaper as they are grown in small batches.” says FMI analyst.

Awareness regarding healthy lifestyle and nutritious food is increasing among consumers due to which they prefer natural and organic food products. Consumers also prefer high quality and sustainable vegetables and fruits due to which the adoption of hydroponics farming method is increasing as it ensures year around harvest. Multiple restaurants are using hydroponics garden for the production of vegetable and fruits as it helps to maintain the freshness for long period of time. Hydroponic grown plants are witnessing high demand from retail and restaurants. Thus, a number of farmers are adopting hydroponic farming in order to leverage this rising demand for such products in markets in developed countries, and this trend is expected to continue over the forecast period.

Who is winning?

Some of the key players operating in the hydroponics market are Heliospectra AB, LumiGrow Inc., Green Sense Farms Holdings, Inc., Koninklijke Philips NV, Scotts Miracle-Gro Co., Argus Control Systems Ltd., Emirates Hydroponics Farms, Platinum Produce Co., Hollandia Produce, L.P., Eden Farms, AMCO Produce Inc. and many other players.

Several leading players in hydroponics market are acquiring smaller businesses to expand their geographical presence and to broaden the product portfolio. The companies are investing in adapting advance technologies of hydroponics farming to produce the organic and natural food products.

  • In August 2016, Philips signed a contract with Innovatus, Inc. (Japan), one of the world’s largest vertical farms to use LED lighting. The factory grows five varieties of lettuces, green leaf, and romaine, and has advanced, automatically-controlled equipment that monitors everything from air temperature, humidity, and CO2 concentration to nutrient liquid.
  • In June 2018, the company acquired Sunlight Supply, Inc., which enhanced Scotts Miracle-Gro Co.’s ability for improved performance while meeting the needs of the rapidly evolving hydroponic market. It also reinforces the confidence of the company in the future of the hydroponic growing market and creates a unique competitive advantage for the company.

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Get Valuable Insights into Hydroponics Market

The global hydroponics market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Crop Type

  • Vegetables
    • Kohlrabi
    • Radish
    • Cucumber
    • Tomatoes
    • Peppers
    • Others
  • Herbs & Greens
    • Arugula
    • Lettuce
    • Cilantro
    • Basil
    • Mint
    • Parsley
    • Spinach
    • Others
  • Fruits
    • Strawberry
    • Blueberry
    • Watermelons
    • Grapes
    • Cantaloupe
    • Others
  • Flowers

Solutions

  • Organic
    • Bone meal
    • Hoof / Horn meal
    • Fish meal
    • blood meal
    • Cottonseed meal
    • Dried locust or Grasshopper
    • Animal Manure
    • Others
  • In Organic
    • Macronutrients
    • Micronutrients

Farming Type

  • Indoor Farming
  • Outdoor Farming

Distribution Channel

  • B2B
  • B2C
    • Modern Trade
    • Grocery Stores
    • Specialty Stores
    • Bulk Suppliers & Distributors
    • Online retailers

Region

  • Global
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & 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.

 

Phosphatidylserine Market with COVID-19 Impact Analysis, Top Companies, Market Growth, Trends, Service, Forecast To 2027

Phosphatidylserine market sales are likely to exceed 311 thousand metric tons by end of 2019, as per the latest report by FMI. A combination of multi-pronged factors, including high demand for cognitive well-being and consumer adherence to healthy diets, will continue to propel demand for phosphatidylserine in 2019 and beyond.

According to the FMI’s analysis, phosphatidylserine supplements have been proven useful in fighting age-related cognitive decline, such as dementia and Alzheimer’s. Moreover, efficacy of phosphatidylserine in treating neurological disorders, such as Attention deficit hyperactivity disorder (ADHD), is also fostering its adoption as a safe and reliable remedy in the global healthcare arena.

“Since a large portion of the global population is affected by cognitive impairment, clamor for natural products that can aid in enhancing cognitive functionalities is gaining momentum. Compared to other available products, phosphatidylserine has been witnessing high demand as an ideal solution for brain health, driven by clinically-proven long term benefits” says FMI report.

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As per the FMI analysis, end-users will continue to indulge in phosphatidylserine-rich foods and beverages, boosting the adoption of phosphatidylserine in food grade over the forecast period. This can be attributed to the increasing consumer proclivity to pay for foods with multifarious health benefits.

Conventional phosphatidylserine will remain highly preferred, with global sales estimated to exceed 279 thousand metric tons in 2019. Affordable prices as compared to that of the organic variants remain one among the chief aspects enhancing the visibility of conventional phosphatidylserine. However, preference for organic phosphatidylserine is likely to intensify over the forecast period, as organic claims will have deep-rooted influences on consumer decision-making.

Multipronged health benefits associated with phosphatidylserine makes it a viable proposition across multiple end-use industries. As per the FMI analysis, dietary supplements & nutraceuticals rich in phosphatidylserine will continue to gain consumer favor, on account of gravitation toward foods facilitating optimal brain function.

According to the FMI research study, plant-based phosphatidylserine supplements will be in high demand, with global demand estimated to surpass 209 thousand metric tons in 2019. Health concerns associated with animal-derived phosphatidylserine supplements continue to dent consumer confidence, inducing a massive shift to plant-based variants.

Sensing the importance of consumer acceptance for long-term market sustenance, manufacturers are curating products that cater to the evolving end-user needs. The report opines an in-depth understanding of end-user requirements to be the key to successful product positioning.

The GRAS status granted by the U.S. Food and Drug Administration is likely to expand the adoption of phosphatidylserine across other sectors, thereby driving the global sales. This grant is stimulating researchers and end-users to explore potential uses of phosphatidylserine in multiple varieties of functional foods, such as processed fruit juices, breakfast cereals, nutritional bars, and many other categories. Adoption of phosphatidylserine remains dormant in the cosmetic industry but is likely to tread on a promising growth path in the future, driven by its potential to moisturize and slowdown skin aging.

As per the FMI report, manufacturers of phosphatidylserine are making headway with strategic partnerships and collaborations, in a bid to diversify their product lines via combined expertise. Moreover, these partnerships enable both the involved parties to have enhanced access to a wide range of resources, which in turn facilitates their organic growth in the global market space.

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Global Phosphatidylserine Market: Segmentation

By Form:

  • Powder
  • Liquid

By End Use:

  • Functional Foods
  • Dietary Supplements & Nutraceuticals
  • Cosmetics & Personal Care

By Grade:

  • Food Grade
  • Pharmaceutical Grade

By Nature:

  • Organic
  • Conventional

By Source:

  • Plant Source
    • Soybean
    • Sunflower
    • Others (Cabbage etc.)
  • Animal-derived

By Region:

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

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.

 

Calcium Sulphate Market with COVID-19 Impact Analysis, Top Companies, Market Growth, Trends, Service, Forecast To 2027

According to a recent study of Future Market Insights (FMI), global sales of calcium sulphate surpassed 285 thousand tons in 2018, and will record a 3.5% Y-o-Y growth in 2019. The study estimates construction industry to account for over 75% of overall calcium sulphate sales in 2019. While calcium sulphate has traditionally witnessed substantial adoption in the construction sector, there has been a significant increase in demand for calcium sulphate in paints & coatings, and industrial wastewater treatment applications in the recent past.

Steady growth prospects have been estimated for hydrated calcium sulphate sales in 2019, in contrary to anhydrous calcium sulphate. . This can be attributed to robust adoption of hydrated calcium sulphate in various construction applications, including coloring pigments and quick drying PoP. Sales of hydrated calcium sulphate will be 4X more than their anhydrous counterparts in 2019, according to FMI study. Continued adoption as a supplement in the food & beverage industry, as fillers and coating agents in paper industry, continue to remain other leading demand determinants of hydrated calcium sulphate.

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Growth Confined by Rising Availability of Economic & More Effective Alternatives

Growing availability of effective and economically feasible alternatives, such as aluminum sulphate and calcium chloride, continue to remain key concerns for players operating in the calcium sulphate market. Leading players in the market have already shifted their preference toward calcium sulphate substitutes, in light of their greater efficacy and convenience in manufacturing.

Regulatory standards imposed on calcium sulphate by the Environmental Protection Agency (EPA), and National Institute for Occupational Safety and Health’s (NIOSH), have significantly driven adoption of calcium sulphate alternatives. Additionally, better functionalities and performance outcomes apropos of using calcium chloride in construction applications, and aluminium sulphate in pharmaceutical and personal care product formulations, continues to pose a negative influence on sales of calcium sulphate worldwide.

Application of calcium sulphate in topsoil layer for improved crop yield has traditionally been a common practice among farmers worldwide. However, regulatory hurdles regarding use of gypsum, composed of calcium sulphate, have been arresting adoption of calcium sulphate in the agricultural industry. Additionally, reuse and recycling of calcium sulphate by-products has emerged as a popular trend in recent years, which in turn will impede demand for calcium sulphate in the near future. .

Leaders in calcium sulphate market such as Solvay S.A., Honeywell International Inc., and USG Corporation are currently focusing on investments in the development of low-cost sustainable gypsum boards, in line with the rise of green building initiatives that necessitate adoption of eco-friendly construction materials.

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Market Segmentation

By Product Form

  • Anhydrous
  • Hydrated

By Grade

  • Technical Grade
  • Food & Pharma Grade

By Function

  • Coagulant
  • Thickening Agent
  • Excipient
  • Desiccant
  • Additive
  • Intermediate

By End-use

  • Construction
  • Agrochemicals
  • Food & Beverages
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Paints & Coatings
  • Paper

By Region

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

Non Dairy Creamer Market Outlook Cover New Business Strategy with Upcoming Opportunity 2021 to 2031

One of the key reasons behind the growing demand for non-dairy creamer is its longer shelf life. Non-dairy creamer is manufactured by using vegetable oils or plant-based milk, which is then packaged in the liquid form after concentrating it or spray-drying to get a powder form. Future Market Insights (FMI) in a new study has forecast the non-dairy creamer market to reach US$ 2.56 Bn by 2021. Near-term growth projection for the market remains positive, especially as consumers increasingly shift towards a healthy lifestyle.

The powdered form of non-dairy creamer has the highest shelf life, thus it has been witnessing high demand in the market. This long shelf life of the non-dairy creamer is positively affecting the purchasing choice of the consumers as well as retailer. Against this backdrop, FMI projects the segment comprising powdered non-dairy creamer to exhibit 6.4% CAGR through 2031.

Key Takeaways from Non-Dairy Creamer Market

  • The non-dairy creamer market will continue expanding at a positive pace. FMI has projected it to register 5.8% Y-o-Y growth in 2021
  • The demand from the U.S. will remain significantly high with the country accounting for over 66% of the non-dairy creamer market in North America in 2021
  • The U.K. too will emerge as a key market, registering 5% Y-o-Y growth in 2021
  • France and Germany will emerge as other attractive markets for non-dairy creamer in Europe
  • In East Asia, both Japan and South Korea will continue exhibiting high demand through the forecast period

“The demand for innovative food products with high nutritional value has been increasing in the global food and beverages market. Thus, non-dairy creamer manufacturers are therefore focusing on research and development to expand their range of product offering” said a lead analyst at FMI

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Technological Advancements in the Food and Beverages Industry Will Remain Key to Growth

In recent years there has been huge technological advancements in the food and beverages industry, which has changed the dynamics of the industry in terms of trends, technology, and new developments. Technology also brought huge changes in the non-creamer market. Few years back, non-dairy creamer was just a concept that could only be imagined. But due to the advent of advanced techniques such as hydrogenation and spray drying method it was possible to produce creamer without content of milk.

Moreover, when non-dairy creamer came out its production cost was much higher but in recent years the production cost of non-dairy creamer is also reduced with some technological advancements. Thus technological advancement also plays major role in growing demand of non-dairy creamers.

Who is winning?

In response to the growing demand for non-dairy creamer several major players in the dairy-creamer market are entered into the non-dairy creamer market. Moreover several major are focusing on mergers and acquisitions to expand their footprint and product port folio

  • In 2020, Starbucks launched its non-dairy creamer in US with its alliance with Nestle S.A. These non-dairy creamers are available in two flavors – hazelnut and caramel and are made from almond milk and oat milk.
  • In 2019, Natural Bliss expanded its product portfolio with introduction of new non-dairy creamers options.

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Non-Dairy Creamer Market By Category

Form

  • Powder
  • Liquid

Nature

  • Organic
  • Conventional

Flavour

  • Original/Unflavoured
  • French Vanilla
  • Chocolate
  • Coconut
  • Hazelnut
  • Other Flavours

Type

  • Original
  • Light
  • Fat-free

Base

  • Plant-based Milk
    • Almond
    • Coconut
    • Others (Soy, Hemp,  Cashew)
  • Vegetable Oil

End Use

  • HoReCa/Foodservice
  • Food and Beverage Processing
    • Food Premixes
    • Soups and Sauces
    • Beverage Mixes
      • Coffee Mixes
      • Tea Mixes
    • Bakery Products and Ice Creams
    • RTD Beverages
    • Infant Food
    • Prepared and Packaged Food
  • Household/Retail

Packaging

  • Retail
    • Sachets
    • Bags
    • Pouches
    • Canisters
    • Bottles
    • Plastic Jars
  • Bulk

Distribution Channel

  • Direct
  • Indirect
    • Hypermarkets/ Supermarkets
    • Modern Grocery Stores
    • Specialty Stores
    • Online Retail

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA