Market Research Blog – Page 15171 – New Product Development

Demolition Equipment Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

Demolition equipment is used destroy old constructed building through cutting of concrete slab, beam and steel rod. These demolition equipment is used with construction machines such as Backhoe Loaders, Material Handlers, , Hydraulic Excavators, Multi Terrain Loaders, Track Loaders, Skid Steer Loaders, Track-Type Tractors, , among others, as part of attachment or individual remotely operated. Moreover, for cutting or breakdown of high rise building, long heighted demolition equipment are attached with vehicles to effectively cut the concrete walls, pillar, etc. In addition, demolition equipment is also used to separate metal wastages from wastage’s stockpile for scrap recycling purpose.

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In developing several countries, the regional governments are taking steps forward to make smart cities and town centers, to accomplish the aim, the government is doing renovation in some cities to construct new building and also collapsing very old building by the use of demolition equipment.

Demolition Equipment Market: Dynamics

Growth in construction industries coupled with substantial initiatives towards break down of very old and useless multistory building is expected to drive the demand for demolition equipment over the coming span of the years. Furthermore, increasing number of smart city and smart building projects are also anticipate to fillip the demand for demolition equipment in the coming years. In some of the regions, some are into illegal construction of properties at government places. Therefore, the government is destroying those building by the use of demolition equipment which in turn is expected to spike the demand of demolition equipment over the coming decades.

Irrespective of demolition equipment’s advantages, it is associated to high cost. Therefore, to purchase demolition equipment the basic requirement is of funds which in turn may create headwinds in the sales growth in the demolition equipment market over the forecast period.

Now a days, advent of remotely operated demolition equipment are gaining fresh traction in the global demolition equipment market which are more powerful and can cut the concrete slab with high accuracy.

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Demolition Equipment Market: Regional Outlook

Asia pacific region is expected to hold considerable value share in the global demolition equipment market owing to increasing smart building projects coupled with rising urbanization. Europe is expected to be the second largest market for demolition equipment due to rising awareness light weight and high shock absorbing building structure which in turn shape the demand for demolition equipment in the coming years. North America is projected to grow with addressable growth rate in the demolition equipment market due to increasing safety concerns towards multistory buildings therefore the government is making new building for various application such as residential, educational, among others. Middle East and Africa is also expected to gain relatively moderate traction in the demolition equipment market.

Demolition Equipment Market: Key Participant

Some of the market participants in the Demolition Equipment market identified across the value chain:

Hitachi Construction Machinery Co., Ltd.
Komatsu Europe International N.V.
Kobelco Construction Machinery Europe B.V.
Hughes &Salvidge Limited
AB Volvo
Atlas Copco (India) Ltd.
Caterpillar
McClung-Logan Equipment Company, Inc.
Brokk UK Ltd
BAUER Equipment India Pvt. Ltd (BEI)
Soosan USA, Inc.
Company Wrench
Hyundai Construction Equipment India Pvt. Ltd.

The research report on the Demolition equipment market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Demolition equipment market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, technology, material, install position, sales channel, and distribution channel.

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The report covers exhaustive analysis on:

Demolition equipment Market Segments
Demolition equipment Market Dynamics
Demolition equipment Market Size
New Sales of Demolition equipment
Current Trends/Issues/Challenges in the Demolition equipment Market
Competition & Companies Involved in Demolition equipment
New Technology for Demolition equipment
Value Chain of the Demolition equipment Market

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 global Demolition equipment market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Demolition Equipment Market: Segmentation

By Product Type, Demolition Equipment Market can be segmented as:

Buckets
Grapples
Hammers
Multi Processors
Pulverizers
Shears

By Equipment Weight, Demolition Equipment market can be segmented as:

20-50 Tons
50-100 Tons
More than 100 Tons

By End Use, Demolition Equipment Market can be segmented as:

Construction
Mining
Road Engineering
Government & institutional

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the Demolition equipment market
In-depth Demolition equipment market segmentation
Historical, current, and projected Demolition equipment market size in terms of volume and value
Recent industry trends and developments in the global Demolition equipment market
Competitive landscape
Strategies of key players and products offered in the global Demolition equipment market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Demolition equipment market performance
Must-have information for market players in Demolition equipment market to sustain and enhance their market footprint

Orthopedic Imaging Equipment Market is expected to increase at a CAGR of around 4.0% over the forecast period (2021-2031)

According to a recent study by Future Market Insights (FMI), the global orthopedic imaging equipment market is expected reach US$ 9.8 Bn in 2021. Sales are expected to increase at a CAGR of around 4.0% over the forecast period (2021-2031).

Orthopedic imaging equipment is the medical imaging equipment used for bone scanning, implants scanning and is utilized for diagnosis purposes. Different imaging technologies such as X-rays, MRI, ultrasound, EOS and nuclear imaging are included in orthopedic imaging equipment.

Rising prevalence of orthopedic diseases and bone injuries, technological advancement in orthopedic imaging equipment devices, and rise in research and development activities by key manufacturers are factors driving the orthopedic imaging equipment market.

Numerous medical imaging modalities are currently enabling three-dimensional (3D) visualization with accuracy, and rapid diagnoses. Advancements in 3D imaging have led to development in computer-assisted detection (CAD) and image analysis applications. This is expected to boost the market for modality, primarily in tomographic imaging techniques.

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Moreover, surgeons are using 3D imaging to plan surgeries, which has led to increased application of these systems. This is expected to increase the utilization of imaging equipment, especially across the U.S. and the U.K.

Consequently, these devices are also gaining high traction in Asia such as China and India due to growing demand for better health care infrastructure. Improving healthcare infrastructure and technological developments in these countries will increase the demand for 3D medical imaging equipment.

Key Takeaways from Orthopedic Imaging Equipment Study

In terms of product type, the X-ray systems is expected to account for 28.0%, expanding at a CAGR of 3.3% during the forecasted period.
By indication, the acute injuries segment will contribute over 56.6% of sales in the global orthopedic imaging equipment market.
Hospitals and radiology centers will, collectively, account for 68.2% of the market share in 2021.
With the advancements in technologies as well as the increasing geriatric population, North America held the largest share of over 30.5% in 2021.
India and China are expected to lead the growth of South and East Asia in the global orthopedic imaging equipment market.

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Who is winning?

The key market players covered by FMI include General Electric Healthcare Limited, Siemens AG, Esaote SPA, Hitachi Ltd, Koninklijke Philips N.V, PLANMED OY, EOS imaging, Canon Medical Systems Corporation, Carestream Health and Neusoft Corporation.

Some of the leading manufacturers of the orthopedic imaging equipment market are focusing on the development of advanced and cost-effective products establishing distribution agreements, collaborations and partnerships strategies for global expansion objectives, thereby, enhancing their market presence.

In September 2021, GE Healthcare acquired BK Medical for $1.45Bn to expand its $3bn ultrasound business from diagnostics to surgical and therapeutic interventions.
In April 2016, Hitachi Ltd Company integrated Hitachi Medical Corporation and Hitachi Aloka medical into Hitachi Ltd to strengthen its manufacturing operations and to develop low-cost medical devices.

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Orthopedic Imaging Equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on orthopedic imaging equipment segment based on Product (X-Ray System, CT-Scanner, MRI System, EOS Imaging Systems, Ultrasound, Nuclear Imaging Systems), Indication (Acute injuries {Sports injuries, Trauma cases}, Chronic Disorders { Osteoarthritis, Osteoporosis, Prolapsed Disc, Degenerative joint diseases} and Others), and End User (Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Center) across seven major regions.

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About 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, the global financial capital, and has delivery centers in the 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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Aromatherapy Market is expected to be valued US$ 11.8 Billion by 2029

The aromatherapy market is estimated to be valued at ~US$ 4.6 Bn in 2019, unveils the new research study by Future Market Insights (FMI). According to the report, the aromatherapy market is projected to grow by ~7% YOY in 2020, primarily influenced by greater emphasis on good health and wellness.

Expansion of Product Lines by Essential Oil Manufacturers

In order to cater to growing demand for essential oils possessing therapeutic properties, various essential oil and diffuser manufacturers are focusing on expanding their product line in the aromatherapy market. For attracting new customers, companies are not only focusing on expanding their distribution network to hypermarkets and supermarkets, but also to premium drugstores and department stores.

Major companies in the aromatherapy market are adopting multi-level or referral marketing strategy to gain distinct competitive edge. Introduction of membership plans are gaining momentum among the aromatherapy market players, where specific members are given significant discount on aromatherapy products. These members are also known as independent salespeople (independent business owners (IBO)) or consultants. Consultants refer essential oils to others and earn some sort of incentives and discounts on their purchase.

Sales via rapidly penetrating e-commerce channels remain a prominent strategy adopted by key players in the recent years. Companies such as Young Living and doTerra, are actively engaging their customers to sign up as distributors to increase the sales of their new products through multi-level marketing plan. In the multi-level marketing strategy, companies are providing membership incentives, rewards, compensation plans, opportunity products, etc. These initiatives taken by the company is thus likely to influence the overall growth of the aromatherapy market.

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Added Benefits of Essential Oils for Various Ailments Aiding the Market Growth

Aromatherapy acts as a complementary treatment in many viral and bacterial diseases such as acute respiratory infections, viral infections, influenza, and bronchitis. Aromatherapy can be used during prophylactic and therapeutic treatment regimens for many diseases such as Initial forms of atherosclerosis, coronary heart disease, neuro-dystonia, hypertension, hypotension, anxiety, depression, insomnia and many such disorders. Thus, added benefits and applications of essential oils in many indications will continue to account for greater gains in the aromatherapy market.

Aromatherapy – A Preferred Therapy to Improve Quality of Life

Studies have been conducted to prove the effectiveness of essential oils that support the body to heal. Essential oils such as thyme, rosemary, oregano, chamomile, and frankincense are used for the treatment of certain benign tumors to selectively harm or disable cancer cells while leaving healthy cells intact. Increasing inclination towards natural remedies provides good growth opportunities for players in the essential oil industry in the near future. Also, presently aromatherapy has been used for cancer patients as it reduces anxiety levels and relieves emotional stress, pain, muscular tension, and fatigue after chemotherapy or post radiation therapy.

Risk Factors Associated with Aromatherapy Restricting Market Growth

Some risk factors and complications are associated with aromatherapy as individuals have unique metabolism, vitality, and physical makeup. Therefore, acceptable dose for one may not be appropriate for others. Risk factors such as toxicity, skin sensitization, photosensitivity etc. have been reported with patients undergoing aromatherapy. However, many essential oils are contraindicated for use during pregnancy and breast-feeding due to their abortifacient properties. Thus, increasing apprehensions regarding the risks of essential oils and other complications result in low preference and reluctance for undergoing aromatherapy by patients, which in turn restrains revenue growth of the aromatherapy market to a certain extent.

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Russia Viscosupplementation Market is expected to expand at the fastest and highest CAGR of 6.0% over the forecast period

Russia’s healthcare infrastructure will continue witnessing significant rise in number of orthopaedic patients as several bone & joint-related disorders are likely to be caused by people’s eating & drink habits, their proactive lifestyles and the country’s harsh weather conditions. Rising occurrence of joint-related ailments such as knee osteoarthritis in Russia are a result of people performing physical labour in severely cold weather conditions. This has necessitated the adoption of viscosupplementation as an ideal medical procedure for injecting lubricating fluid in bone joints during surgeries. An in-depth analysis of Russia’s viscosupplementation market, conducted by Future Market Insights, projects that demand for three-injection viscosupplementation will gain traction over the next decade.

According to Future Market Insights’ recent report, titled “Viscosupplementation Market: Russia Industry Analysis and Opportunity Assessment, 2016-2026,” nearly 70% of viscosupplementation revenues amassed across Russia in 2016 were accounted by three-injection viscosupplementation. The report estimates that the Russian viscosupplementation market incurred revenues worth over RUB 1.13 billion (US$ 19 million) in 2016. Registering a steady increment at 5.8% CAGR, Russia’s viscosupplementation revenues are expected to reach RUB 2.02 billion (US$ 34 million) by the end of 2026. With higher demand for three-injection viscosupplementation, Russia’s healthcare industry leaders will continue to extend production of three-injection viscosupplementation products as opposed to single injection and five-injection viscosupplementation products.

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The report also establishes projections regarding the end-use of viscosupplementation in Russia. Hospitals across the country will account for just above RUB 1.24 billion (US$ 21 million) revenues by the end of projection period. Within this, the demand for viscosupplementation will remain considerably higher in hospitals with capacity of more than 500 beds. End-use of viscosupplementation in Russia’s ambulatory surgical centres (ASCs) will remain nascent, while revenues accounted by orthopaedic clinics are expected to surpass RUB 595 million (US$ 10 million) through 2026.

Top Players in Russia’s Viscosupplementation Market

Top three established players in Russia’s Viscosupplementation market include Hyaltech, Croma-Pharma GmbH and TRB Chemedica. The market is fragmented with small players holding substantial market share. While Hyaltech, Croma-Pharma GmbH and TRB Chemedica collectively dominate with more than half of the country’s viscosupplementation revenues. International players such as Sanofi, Ferring Pharmaceuticals and Fidia Farmaceutici spa have low share as compared to the other players, Anika Therapeutics has recently launched their viscosupplementation product in Russia’s viscosupplementation market.

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Radiopharmaceuticals Market Focusing on Current Trends, Leading with Top Key Players

As per Future Market Insights (FMI), driven by rising cases of cancer and cardiovascular diseases, radiopharmaceutical market registered steady year-on-year growth at 4.90% CAGR in 2021.

Increasing development of radioisotopes to curb the cases of cancer have propelled the market demand, topping a valuation of US$ 6,107.2 Mn in 2021. Rising cases of prostate and breast cancer, especially in developed countries including the U.S., the U.K., and Germany, have increased the application of radiopharmaceuticals.

Government initiatives and research activities undertaken to develop advanced radioisotopes for the treatment of cancer and to develop novel therapeutics will boost the demand. Also, introduction of novel technologies such as Positron Emission Technology and others in nuclear imaging systems will bolster growth.

However, due to the global shutdown witnessed in the FQ-20 in response to the COVID-19 outbreak, growth declined considerably. Suspended production of radioisotopes and disruption in the research activities delayed the deployment of projects in the healthcare sector.

Although, with increasing development activities and increasing commercialization of radiopharmaceuticals by industry giants have picked up the pace for the growth of market. Alongside this, increasing cases of cancer will accelerate the development of nuclear medicines in the field of radiopharmaceuticals.

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Increasing preference of non-invasive medical therapies and production of radioisotopes for the treatment is another factor that will stabilize the growth of radiopharmaceuticals market. Based on this, FMI projects the market is poised to expand at over 4.66% CAGR during the forecast period of 2021 and 2031.

Key Takeaways from FMI’s Radiopharmaceuticals Market Study

In terms of application, oncology will contribute over 50% of global market share owing to the rising prevalence of cancer across the globe.
Cyclotrons are expected to be the primary source of radiopharmaceuticals, accounting for maximum market share
Based on radioisotope type, technetium-99 will remain highly preferred radioisotope in the global radiopharmaceutical market
The U.S. will retain its global dominance backed by the high cancer and cardiovascular cases rising in the country
India will emerge as lucrative market owing to the favorable government initiatives promoting the radiopharmaceuticals market
Germany and the U.K. are spearheading the growth of Europe market, which is projected to grow at over 4.9% CAGR

Competitive Landscape

Leading radiopharmaceuticals market players are focusing on expanding their customer base through strategic mergers and acquisition. Increasing research and development activities to develop advanced radioisotopes for the cancer treatment is another core strategy adopted by leading players.

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Top 5 players including Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., and Eckert & Ziegler are dominating the global radiopharmaceuticals market, contributing over 90% of revenue share.

In March 2021, Novartis announced the commercialization and obtained the rights to develop the therapeutic applications of Fibroblast Activation Protein (FAP) targeting agents including FAPI-46 and FAPI-74, through an assignment agreement with iTheranostics, Inc., an affiliate of SOFIE Biosciences, Inc.

Along with it the company announced the production and commercialization of new nuclear medicine, 18F sodium fluoride radiopharmaceutical in France.

In November 2020, Blue Earth Diagnostics, a leading molecular imaging diagnostic company, unveiled that their manufacturing company, Nucleis has manufactured and shipped their first doses of rhPSMA-7.3 (18F), an investigational Prostate-Specific Membrane Antigen (PSMA)-targeted radiohybrid PET imaging agent, for patients with prostate cancer.

Another industry giant, Jubilant Pharma Limited Company, in 2019, announced the integration of its radiopharmaceutical drug development and manufacturing business with its radio-pharmacy business into a global radiopharmaceutical brand, Jubilant Radiopharma.

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More Insights on the Global Radiopharmaceuticals Market

In its new offering, Future Market Insights, offers detailed segmentation on global radiopharmaceuticals market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is classified on the basis of radioisotope type (technetium-99, fluorine-18, iodine-131, leutetium-177, yttrium-90, gallium-68, gallium-67, rubidium-82, iodine-123, iodine-125, indium-111, and others), application (oncology, cardiology, gastroenterology, neuroendocrinology, neurology, nephrology, and others), source (cyclotrons and nuclear reactors), end user (hospitals, diagnostic imaging centers, ambulatory surgical centers, and cancer research institute) across major regions (North America, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan).

Polypropylene Random Copolymers Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2025

Polypropylene random copolymers are produced by modifying the fundamental structure of polypropylene by incorporating another monomer molecule. Ethylene being the most common monomer used. The ethylene molecules, in the polymer chain, are introduced randomly between the propylene molecules. The incorporation of ethylene causes change in the physical properties of polypropylene. Random copolymer polypropylene usually contains about 1 to 7 weight percent of ethylene molecules and around 93 to 99 weight percent of propylene molecules.

As compared to polypropylene homopolymers, random copolymers shows better optical properties like increased clarity and decreased haze, increased flexibility, improved impact resistance, and a lowered melting point resulting in a reduced heat-sealing temperature. However, exhibiting more or less the same chemical resistance, organoleptic properties like low taste and odor contribution, and water vapor barrier properties as polypropylene homopolymers. Random copolymers are generally produced in the same process configuration as the homo polymers.

Random copolymer polypropylenes finds use in blow molding, injection molding, and extrusion molding applications that require improved clarity and . They are used in medical packaging, food packaging, and consumer products.

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Global Polypropylene Random Copolymers Market: Region-wise Outlook

The global market share of Western European polypropylene random copolymers market is estimated to witness a drop from around 13.9% to about 11.4% in the forecast period. The fall is primarily due to a moderate increase in demand only in the largest national markets such as Germany, France, and Italy. Eastern Europe is expected to grow sharply, especially in the Russian packaging sector. The USA is reporting a recent increase in demand for polypropylene random copolymers. India and China continue to witness a huge increase of demand, owing to which Asia-Pacific is anticipated to account more than half of the total global demand by 2025.

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Global Polypropylene Random Copolymers Market: Drivers

The introduction of newer application areas, development of bio-based polypropylene and substitution of various other materials continuously offers high potential for growth for the global polypropylene random copolymers market.

Unconventional low feedstock prices are driving new capacity investment and thus rendering growth to the global polypropylene random copolymer market.

Global Polypropylene Random Copolymers Market: Key Players

Some of the major players identified in the global polypropylene random copolymer market are LyondellBasell Industries, Braskem, China Petroleum & Chemical Corporation (Sinopec), Total S.A., Entec Polymers, ExxonMobil, Sasol, Chevron Corporation, Royal Dutch Shell, ConocoPhillips, Borealis, Formosa Plastics Group, Reliance Industries, and SABIC etc.

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Polypropylene Random Copolymers Market

Global polypropylene random copolymers market is segmented on the basis of applications, end-use, and regions

The global polypropylene random copolymer market is segmented on the basis of application into

blown film
blow molding
injection molding
extrusion molding

Road Aggregates Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2025

Aggregates are the major component that are used in road construction among all other materials. It is normally used as a base layer for road construction. Road Aggregates are the granular materials such as gravel, limestone, crushed rock that are used along with water, cement for their final application on roads. Road aggregates finds its application in construction of road over bridges, bypasses, flyover, stand-alone roads, tunnels, underpasses, and others. As there is surge for new road projects, the road aggregate market is expected to gear up in the coming years.

Global Road Aggregates Market: Region-wise Outlook

The global road aggregates market is projected to witness a moderate growth from 2015 to 2025. According to FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR in the coming years. Western Europe and North America are the matured market for global road aggregates market.

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Global Road Aggregates Market: Drivers

Investments in new and improved roads is accelerating the growth of road aggregates market. Aggregates are consumed in large quantities to meet the repairs & maintenance as well as the new road construction projects and other infrastructure development activities. It also includes many different grades of sand and gravel which vary in their geologic origin and in their processing techniques such as crushing, screening and washing. The product type is manufactured as per the engineering specifications required for the road projects.

Aggregate is not only used in the construction of new highways, but also in reconstruction, rehabilitation and widening already existing highways. Road standards are changing overtime, modifications in aggregate specifications have led to increased usage of percentages of stone, with greater amount of crushed particles. These changes have resulted in more aggregate being laid down on highways. All these factors together drive the road aggregates market during the forecast period.

Global Road Aggregates Market: Restraints

The restraints that are hindering the growth of global road aggregate market includes factors such as high cost of transport and environmental effects of the supply of aggregates.

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Global Road Aggregates Market: Competitive Landscape

Key players in the global road aggregates market focus on product innovation and introduction of new product grades in order to outperform competitors. Investment on research and development to provide high quality and different grades of road aggregates as per the changed aggregate specifications is also a major strategy that is followed by major players in the global road aggregates market.

Global Road aggregates Market: Key Players

Some of the major players identified in the global road aggregates market are LafargeHolcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates Ltd., Rock Road Companies Inc., Kuari Pati Sdn Bhd, Hanlon Concrete, etc.

The report covers exhaustive analysis on:

Road aggregates Market Segments
Road aggregates Market Dynamics
Historical Actual Market Size, 2012 – 2014
Road aggregates Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Road aggregates Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Road aggregates Market Drivers and Restraints

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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Road Aggregates Market

Global road aggregates market is segmented into type, application, and region.

The global road aggregates market can be segmented on the basis of type which includes

granite
sand
gravel
limestone
crushed rock
others

On the basis of application the market can be segmented into

new construction
repairs & maintenance

The global road aggregates market can be segmented on the basis of region which includes

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

Advanced Automotive Materials Market By System Type, By End User, By Region, Industry Analysis and Forecast, 2025

The fundamental function of advanced automotive materials is to reduce the weight of a vehicle. These materials finds use in a number of automobile applications, including interior, exterior, structure, and powertrain, among others. Advanced automotive materials reduces the overall weight of the vehicle, increasing the efficiency and thereby reducing the overall fuel consumption. The advanced automotive materials possess better dimension stability than conventional materials, improved mechanical performance, and elevated service temperature.

Automotive OEMs are compelled to employ advanced automotive materials to ensure that the vehicles meet the increasingly stringent emission norms. A variety of factors involved in the evolution of advanced automotive materials are the necessity for improved fuel economy, growing vehicle performance requirements, higher power requirements, and the requirement for a superior driving experience.

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Global Advanced Automotive Materials Market: Segmentation

Global advanced automotive materials market is segmented into types of material, region, and application. The global advanced automotive materials market includes a variety of materials such as metals, engineered plastics, thermoplastic elastomers (TPEs), and composites. Metals are segmented into high-strength steel (HSS), stainless steel, aluminum, powder metals and others, whereas engineered plastics are segmented into nylon, ABS, polycarbonate, polyphenylene oxide, etc.

Thermoplastic Elastomers include thermoplastic vulcanizates, thermoplastic polyolefin, thermoplastic polyurethanes, styrene block copolymer, copolyester elastomer, and others. The composites are segmented into carbon fiber reinforced plastic (CFRP) and glass fiber reinforced plastic (GFRP). Region wise, the global advanced automotive market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and MEA and in terms of advanced automotive material applications the market is divided into interior, structural, exterior, structural, powertrain, and others.

Global Advanced Automotive Materials Market: Region-wise Outlook

In North America, the U.S. accounted for the largest share of the advanced automotive materials market in 2014. In the coming years, however, the developing regions like Asia Pacific are predicted to become lucrative regional markets for key players operating in the global advanced automotive materials market. Sizeable population, economic development, stringent regulations regarding emission, increasing knowledge regarding eco-friendly systems, and benefits of better fuel efficiency are the major factors driving the growth of the advanced automotive materials market in this region.

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Global Advanced Automotive Materials Market: Drivers

The growth of the advanced automotive market is expected to be driven mainly by constant pressure to reduce the vehicle weight, thus improving fuel efficiency leading to lower CO2 emissions. Other important driving factors for the growth of the global advanced automotive market includes focus on safety, durability, noise and vibration, by replacing the traditional materials.

New process technologies, improvements in resins and metal alloys helps increasing the attractiveness of advanced automotive materials manufacturing, encouraging growth. Advanced automotive plastics use, in particular, has been encouraged by lower tooling costs relative to other materials.

The global advanced automotive materials market growth is also driven by the fact that advanced automotive materials provide higher strength as compared to the ordinary materials, facilitating higher energy absorption during crash.

Global Advanced Automotive Materials Market: Restraints

Some of the factors hindering the growth of the global advanced automotive materials market are limited raw material, increasing pressure for materials recycling, particularly for engineered plastics, and low awareness towards benefits of advance automotive materials, etc.

Global Advanced Automotive Materials Market: Key Players

Some of the major players identified in the global advanced automotive market are AK Steel, National Steel, General Electric, DuPont, Bayer AG, A. Schulman, Alcoa, Norsk Hydro, Johnson Matthey, ThyssenKrupp AG, Toray Industries Inc., ArcelorMittal S.A., and Novelis Inc., etc.

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The report covers exhaustive analysis on:

Advanced Automotive Materials Market Segments
Advanced Automotive Materials Market Dynamics
Historical Actual Market Size, 2012 – 2014
Advanced Automotive Materials Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Advanced Automotive Materials Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Advanced Automotive Materials Market Drivers and Restraints

Waterborne Automobile Coating Market Trends, Segmentation, Outlook, Industry Report to 2025

Waterborne automobile coating products are the future of automotive coatings. All automotive paint manufacturers are working on this technology and have already realized the necessity and importance of waterborne products into both the OEM and refinished automotive coatings markets.

The transition from solvent-based coatings, such as urethanes, to waterborne is quickly taking place in the automotive industry. Waterborne coatings use water as a solvent to dissolve a resin, thus making these automotive coatings eco-friendly and easy to apply. In most of the cases, waterborne automotive coatings contain more than 75% of water with small quantities of other solvents such as ethers. Waterborne automotive coating are known to be environment friendly and also possess good resistance to heat and abrasion. To use a waterborne coating, a spray equipment designed for waterborne coating is usually preferred.

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Global Waterborne Automotive Coatings Market: Drivers & Restraints:

Increasing demand for waterborne coatings owing to its ability to protect automobiles against UV radiation, acid rain and bad weather is expected to drive the global waterborne automotive coating market. Moreover, growing automotive production in Asia-Pacific coupled with rising middleclass income is anticipated to fuel market growth over the forecast period. Surging waterborne coatings demand on account of increasing accidents and aging of vehicles is expected to augment the market demand over the forecast period.

Rising consumption of waterborne automotive coatings on account of their excellent chemical and physical properties such as low temperature processing, high chemical resistance and solvent free preparations is anticipated to drive automotive coatings demand. Waterborne automotive coatings are replacing solvent borne coatings owing to their cost advantage and other chemical properties. Moreover new investments by companies along with increasing number of production facilities is expected to further stimulate the global automotive waterborne automotive coatings market.

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Global Waterborne Automotive Coatings Market: Region-wise Outlook

In terms of geography, the global automotive exhaust systems market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. Asia-Pacific is dominant region and is expected to witness swift market growth at a steady CAGR due to increasing vehicle production particularly in India, China and Japan. Moreover increasing government expenditure on road maintenance is expected to further accelerate the growth for waterborne automotive coating market in Asia-Pacific region. North America and Western Europe are other attractive markets owing to its strict government regulation and environment safety norms.

Global Waterborne Automotive Coatings Market: Key Players

Transition to waterborne automotive coatings from solvent based coating has prompted automotive coating manufacturers to increase investment and production of new waterborne coated products. Global waterborne automotive coating market is dominated by key players which include BASF SE, Akzo Nobel NV, Du Pont Performance Coating, Kansai Paint, Arkema SA, Bayer AG and PPG Industries.

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 type, binders and end use.

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)

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Global Waterborne Automotive Coatings Market: Segmentation:

On the basis of product type, the global waterborne automotive coatings market is segmented into

Water-soluble paints
Water-dispersible paints or colloidal coatings
Emulsion/ latex paints
Water based alkyds

On the basis of binders, the global waterborne automotive coatings market is segmented into

Polyvinyl ethers
Polyacrylate
Polyurethane resins
Epoxy resins
Alkyd resins
Others

On the basis of end use, the global waterborne automotive coatings market is segmented into

Passenger vehicle OEM
Commercial vehicle OEM
Commercial refinish

Body In White Market Analysis by Size, Growth, Trends up to 2028

Body in white refers to the phase during automotive manufacturing when the automotive body components/frameworks of the automotive structure are joined together with the help of different techniques, such as riveting, welding, laser brazing, bonding and clinching. Body in white is a term used to refer to the structure before chassis sub-assemblies, engine and trim have been assembled in the frame of the automobile. The trim assembly includes electronics, upholstery, seats, door locks/handles and glasses. Body in white of the automobile is made from a material that has sufficient mechanical strength to bear the weight of frames and components and provides a rigid and stable platform for the suspension to have efficient control over the vehicle. It also enables the passenger module to better protect the occupants in the event of a collision. In the recent years, the manufacturers have been compelled to decrease the weight of the automobile frame to bring down the overall weight of the automobile. This move will eventually decrease carbon emission below the acceptable limit. Moreover, it will also lead to increase in efficiency of the vehicle. So R&D is being carried out in this field for the development of a more efficient and lighter body in white structure with optimum strength and flexibility.

Body in White Market: Market Dynamics

The main factors behind the growth of the body in white market are the growth in production and expansion in the automobile sector across the globe. R&D is being done on Body in white material to optimize its strength as well as decrease the weight of the vehicle and increase its efficiency. Also, growing focus of automobile manufacturers on vehicle weight reduction without compromising its quality and work is expected to increase the demand for body in white made from lighter materials. Apart from this, the body in white is an integral structure for all automobiles and hence, the development of automobile sector will also add to the growth of the global body in white market.

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Body in White Market: Regional Outlook

Europe holds a major share in the global body in white market owing to the presence of prominent OEM players in this region and is followed by North America. However, Asia Pacific is expected to show significant growth during the forecast period owing to increase in per capita income of countries in this region and much less concentration of vehicles as compared to North America and Europe. Also, government initiatives in countries, such as India and China, will promote manufacturing and also contribute to the growth of this market. Europe, North America and the Asia Pacific regions are expected to hold more than half of the total share in the global Body in white market. Rest of the world is estimated to account for a relatively small share in the Body in white market.

Body in White Market: Market Participants

Examples of some of the market participants operating across the value chain of the global Body in white Market are:

Gestamp Automoción
KIRCHHOFF Automotive GmbH
AKKA Technologies
Magna International Inc.
Martinrea International Inc.
BENTELER International AG
voestalpine Automotive Components Cartersville Inc.
Plastic Omnium Co.

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