Oil & Gas Pipeline Coatings Market Latest Advancements and Business Opportunities 2029

Witnessing robust expansion over 2022 – 2029, the global market for oil & gas pipeline coatings will reach the revenues worth US$ 7 Bn towards 2029 end. Growing offshore exploration and production activities, stabilizing crude oil prices, rise in cross-country pipeline projects and rehabilitation of existing pipelines are some of the key factors that would majorly account for increasing demand for oil & gas pipeline coatings in the market.

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Oil & gas Pipeline Coatings Market​ Key Takeaways

  • Fusion bonded epoxy (FBE) coatings, attributing to their low coefficient of friction and low permeability, create a tight barrier that prevents permeation of cold and hot liquids. This property would continue to position them as a preferred choice for oil & gas pipeline coatings.
  • The Asia Pacific region, which has more than 10,000 miles of pipeline under construction and further over 9,750 miles of planned pipeline projects, is likely to reflect robust growth opportunities facing players operating in the oil & gas pipeline coatings market.
  • With crude oil prices recovering, investments in the oil & gas industry are projected to rise by 6% between 2017 and 2025. These will fuel exploration & production activities around the world, propelling oil & gas pipeline coatings demand.
  • In the upstream segment, although onshore sector constitutes most of the market share, offshore sector, driven by increasing investments, is estimated to witness robust growth in the oil & gas pipeline coatings market.
  • Stringent regulations pertaining to volatile organic compound (VOC) emissions are anticipated to impede the growth of solvent-based oil & gas pipeline coatings, which are prone to VOC emissions during the drying process.

Pipe laying in deep waters or high operating temperatures, and increasing corrosive properties of flow materials have been driving advancements in pipeline coatings. These advances such as thermal insulation will bring forth a range of new technological frontiers in the pipeline coatings space in the near future.

Market Landscape Moving towards Consolidation

The oil & gas pipeline coatings market is technology driven and remains dominated by a handful of players that possess extensive R&D capabilities. Leading players operating in the global oil & gas pipeline coatings market, Akzo Nobel N.V., PPG INDUSTRIES, Sherwin-Williams Company, Axalta Coating Systems, RPM International Inc., and BASF SE, are focusing on acquisitions of smaller and technology-driven paint & coating manufacturers to build on their product expertise and enhance market positioning.

What Does Future Hold?

Crude oil prices are extremely volatile in nature, affected by growing U.S. oil & gas production, OPEC production cuts, and oversupply of crude oil. Considering the number of pipeline projects in the construction phase and older, existing pipelines in need of reconditioning, the oil & gas pipeline coatings market is projected to witness robust growth during the forecast period.

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Interested in Detailed Actionable Insights?

Future Market Insights has published a market research report on the oil & gas pipeline coatings market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the oil & gas pipeline coatings market through four different segments, namely coating type, formulation base, application, and region. The oil & gas pipeline coatings market report also provides demand trends of different coating types across three industry verticals, a comprehensive list of service providers in the market, various pipeline coating projects around the world along with a detailed overview of the parent market.

Oral Solid Dosage Pharmaceutical Formulation Market to 2027 | Growth Factors, Industry Insights : FMI

Future Market Insights forecasts the global oral solid dosage pharmaceutical formulation market to grow from US$ 493.2 Bn in 2017 to US$ 926.3 Bn by 2027 end. This represents a value CAGR of 6.5% over the forecast period 2017– 2027. Several important factors drive this growth. We present these factors in detail in our report. A snapshot is captured below for our readers’ benefit.Instead of increasing pipeline productivity for biologics and patent cliff challenges, oral solid dosage forms hold substantial opportunity in extending product lifecycle and leveraging growth potential. Manufacturers are employing various life cycle management patent strategies which include obtaining patents on isomers, metabolites, prodrugs, and new drug formulations such as extended, controlled, or rapid release formulations.Future Market Insights (FMI), in its report, projects the global oral solid dosage pharmaceutical formulation market to register 6.5% CAGR during the forecast period 2017 to 2027. In terms of revenue, the market will reach nearly US$ 500,000 Mn in 2017; by 2027 is further estimated to surpass US$ 900,000 Mn.

North America to Remain Largest Market for Oral Solid Dosage Pharmaceutical Formulation

North America will remain the largest market for oral solid dosage pharmaceutical formulation, followed by Asia Pacific Excluding Japan (APEJ) and Western Europe. Revenue from the market in North America is expected to surpass US$ 300,000 Mn by 2027-end. In addition, APEJ is projected to reach revenue worth US$ 294,750.4 Mn in the market by 2027. Latin America is expected to be the fastest growth region in the market, expanding at 9.2% CAGR through 2027. In contrast, Japan will witness a sluggish growth in the market.

By dosage form, tablets will continue to remain preferred in the market, with sales estimated to surpass US$ 500,000 Mn by 2027-end. Sales of tablets are anticipated to exhibit the highest CAGR in the market, followed by capsules. Capsules are expected to be the second most lucrative dosage form in the market, expanding at 6.1% CAGR through 2027.

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Immediate Release to Remain Dominant in the Market during 2017-2027

Based on release mechanism, immediate release will remain dominant in the market, expanding at 6.4% CAGR through 2027. Immediate release is expected to generate revenue over US$ 400,000 Mn by 2027-end. Controlled release under extended release segment, is expected to register 7.4% CAGR through 2027.

Retail pharmacy is expected to be the largest end-user of oral solid dosage pharmaceutical formulation market by 2027-end. Retail pharmacy is expected to exhibit highest CAGR in the market through 2027. In contrast, Hospital pharmacy is expected to exhibit lowest CAGR, even though it stands as second largest end-user in the market during the forecast period.

Increasing Presence of MNCs to Drive Market Growth in Latin America

Latin America is emerging as a manufacturing hub for oral solid dosage forms on the back of availability of low-cost resources. Multinational companies are focusing on expanding their presence in this region. These factors are expected to propel market growth in Latin America. Oral solid dosage forms are cost-effective and comparatively easy to manufacture than other dosage forms. They are most commonly used pharmaceuticals for treating various disease conditions in North America, which in turn is driving growth of the market in this region.

Growing effluent consumers in APEJ countries such as China, India and Korea are boosting growth of the oral solid dosage pharmaceutical formulation market in this region. Consumers here are adopting wealthy-life-fast-paced western lifestyle, leading them to suffer western lifestyle-related diseases including diabetes, cancer, and obesity. This compels them in seeking innovative drug treatments, which in turn is expected to fuel market growth in APEJ. However factors such as decreasing productivity of Asian manufacturers and containment issues, and low R&D expenditure coupled with challenges incurred in USFDA compliance are expected to impede growth of the market in APEJ.

Key players identified in FMI’s report include AstraZeneca Plc., Bristol-Myers Squibb Company, Eli Lilly and Company, Gilead Sciences, Merck & Co. Inc., Novartis AG, Pfizer Inc., AbbVie Inc., Boehringer Ingelheim GmbH, Hoffman-La-Roche Ltd., Johnson & Johnson, Biogen Inc., Bayer AG, Teva Pharmaceticals, Amgen Inc., Takeda Pharmaceutical Company Ltd., Otsuka Pharmaceutical Co., Ltd., Shire Plc., Celgene Corporation, Astellas Pharma Inc.

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Table of Content

1.Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2.Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3.Oral Solid Dosage Pharmaceuticals Market View Point

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

4.North America Oral Solid Dosage Pharmaceuticals Market Analysis 2012–2016 and Forecast 2017–2027

4.1. Introduction

4.2. Regional Market Dynamics

4.2.1.Drivers

4.2.2.Restraints

4.2.3.Trends

4.3. Historical Market Size (US$ Mn) By Country, 2012-2016

4.3.1.U.S.

4.3.2.Canada

4.4. Market Size (US$ Mn) Forecast By Country, 2017-2027

4.4.1.U.S.

4.4.2.Canada

4.5. Historical Market Size (US$ Mn) By Dosage Form, 2012-2016

4.5.1.Tablets

4.5.2.Capsules

4.5.3.Powders

4.5.4.Others

4.6. Market Size (US$ Mn) Forecast By Dosage Form Type, 2017-2027

4.6.1.Tablets

4.6.2.Capsules

4.6.3.Powders

4.6.4.Others

Plywood Market to Garner Brimming Revenues by 2028

Global infrastructural development has reached newer heights in the last few years, with massive constructions – both residential and commercial – mushrooming across both Tier 1 and Tier 2 cities across the world. This has led to impressive growth of the global building and construction industry and as a consequence positively impacted revenues of ancillary industries. Plywood is an inherent component of the construction industry – being widely used in manufacturing readymade and customized furniture.

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“Growth in global consumption of plywood is pegged to increase at a decadal rate of 4.6% to reach 164,402 cubic meters by the end of 2022. This growth is attributable to the continuous demand from end-use industries especially the furniture production industry.” — Future Market Insights

Future Market Insights (FMI) throws light on some of the key factors boosting revenues in the global market for plywood. Plywood finds increasing use across diverse applications ranging from furniture, flooring, and packaging of high-value goods. This is anticipated to boost sales of plywood in the global market, according to Future Market Insights forecasts. A growth in residential and commercial spaces across the world has further boosted the demand for readymade and aesthetically designed furniture, incorporating extensive use of plywood. With people opting for designer furniture, the demand for plywood from the furniture industry is already peaking and this is anticipated to augment revenues in the global plywood market.

Besides, there is an increasing global phenomena promoting the use of wood and wood based products in the construction of both residential as well as commercial buildings. This trend is being supported by laws enforced at the administrative level. For instance, Japan’s “Act for Promotion of Use of Wood Products in Public Buildings, 2010” seeks to encourage the use of plywood in the construction sector. Global construction projects focusing on wooden skyscrapers such as the Oakwood Timber Tower are also expected to positively impact demand for plywood in the coming years.

Wood and wood based products such as plywood are eco-friendly in nature, encouraging the plantation of trees to meet the rising demand. Plywood and other ancillary wood products contribute to environmental protection. This is another factor acting in favour of the plywood market.

This study by FMI on the plywood market further identifies the growing importance of plywood in the global packaging industry as a key demand driver. “Plywood has enhanced mechanical strength besides being lightweight in nature. Plywood is also reusable and helps save on costs. This makes plywood the best packaging option for various types of products. With the current ban on plastic for product packaging, plywood is being increasingly adopted as a highly effective raw material to package different types of goods. This is expected to boost revenues in the global plywood market.”

Lucrative Opportunities Lie in the African Timberlands for both Existing Players and New Market Entrants

The presence of vast expanses of land in Africa coupled with the overall low costs of maintenance and production in the region make Africa a very attractive choice for the growth of forestry and the manufacturing of wood products, particularly plywood. Manufacturers in the global plywood market are looking at lucrative growth prospects in the African continent, given the region’s huge natural timberlands and mature plantations. Harvesting of plywood in the African forests is both cost-effective and environment friendly. This is boosting the setting up of backward integrated units manufacturing plywood, hence creating highly lucrative opportunities for players in the global plywood market.

Massive growth of the global construction industry has resulted in the pumping in of huge infrastructure investments by both private sector and public sector enterprises. This is likely to broaden the horizon for regional manufacturers of plywood with endless possibilities for revenue growth.

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Adoption of Plywood in Digital Printing Trending the Global Market

Plywood is increasingly finding application as a substrate in high-scale inkjet printing projects. Plywood is used as an alternative to aluminium and plastic sheets owing to its non-reflective nature. Digitally printed plywood serves as an excellent substitute for several outdoor applications such as fence and road signs, as it is highly durable. This is the latest trend dotting the global plywood landscape, pushing revenues in the global market.

Policosanol Market Revenue Growth Predicted by 2031

The policosanol market is growing at a significant rate owing to increasing benefits derived from policosanol in the nutraceutical industry. According to a study by Future Market Insights (FMI), the overall valuation of the market is expected to surpass US$ 282 Mn in 2021. Growth will remain positive, especially as industries realize the clinical utilities of policosanols.

The presence of antioxidant properties in policosanol has resulted in its inclusion in the treatment of degenerative diseases like cardio-vascular disease and diabetes. Therefore, increasing health conscious among consumers is fuelling the demand for policosanol products.

Along with nutraceutical properties, policosanols have proven beneficial in acne treatments, skin repairing that makes it even more used ingredient worldwide. Several dermatologist and dieticians around the globe consider policosanol as a key compound, which is easily available in plants such as sugarcane, wheat, and rice. Policosanols are very useful for acne prone skin as these ensure that pores are clear of oil as it acts as an anti- seborrheic agent.

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Other skin benefits of using policosanol products are it reduces ageing process and helps in skin tightening. Escalating demand for policosanols in cosmetic and personal healthcare products is a major factor driving the policosanols market growth during the forecast period.

Consumer areeven suggested to make policosanol a part of their dietary intake. Policosanol at extraction stage is a potent source of active enzymes, minerals, vitamins, and proteins. Therefore, increasing health consciousness among consumers is fuelling the demand. According to the report, dietary supplements segment will emerge as a key application, accounting for over 30% of sales in the market in 2021.

Key Takeaways from Policosanols Market Study

  • Increasing focus on health and wellness will drive sales, enabling the policosanol market exhibit 5.9% CAGR between 2021 and 2031
  • The U.S holds over 80% share in the North America policosanol market, thanks to increasing use of policosanol as a key ingredient in pharmaceuticals and nutraceutical formulation
  • The U.K. will emerge as a chief market, exhibiting steady y-o-y growth at 2.2% in 2021
  • Increasing focus on health and wellness will drive sales in France and Germany
  • East Asia remains a chief market, driven by increasing demand from China and South Korea

“Diverse applications will continue supporting the expansion of policosanols market. Steered by ongoing trends, manufacturers are likely to focus on product launches to be able to offer products that suit consumer requirements,” said a lead analyst at FMI.

policosanol market region wise plc position and notable trends, 2021

Application in Cosmetic Industry Will Boost Growth

Consumers have become conscious about their skin and are looking for natural products especially for skincare and hair care. Cosmetics and skin care industry has seen tremendous surge in the use of policosanol moisturizer products as it provides various skin benefits such as tissue repair, elasticity, and depigmentation, thus making the skin look healthy and radiant.

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Use of Policosanol in Animal Feed is Fueling the Demand

Policosanols aremostly used in specialized feeding applications with monogastric animals, such as in milk replacers. The use of policosanol in pet foods as well as livestock feed has shown animprovement in the animals’ overall health. Manufacturers have great scope of business as in animal feed industry and animal feeders are demanding plant derived products as  more effective in terms of nutrition.

Who is winning?

Some of the key players operating in the Policosanols market areAmbePhytoextracts, Marcor- An Azelis Company, Douglas Laboratories, Now, Garuda International, Inc, Hainan Zhongxin Chemical, Hainan Zhongxin Chemical, Herblink Biotech Corporation, HuzhouShengmaBiochem Co. Ltd.Key players are adopting strategies like new product development, acquisition, sustainable partnership with distributors etc. for policosanols market.

  • In 2019, Garuda International, Inccompanyhas launched upgraded version of LesstanoL® Sugar Cane Wax Policosanol / Octacosanol. It is a ingredient which can used in many types of formulation of dietary supplement tablets or capsules.
  • In 2019 ZOI Research, The company launched its Certified-Organic version  ZOI Research, Cholesterol Support, 90 Vegetarian Capsules. To ensure lipid metabolism for cholesterol level management.
  • In 2020 India Glycols Ltd., The company launches various Phytochemicals / nutraceuticals as Ennature Biopharma is in the business of manufacturing natural active pharmaceutical ingredients (APIs), standardized botanical extracts and spice extracts for the beverage, dietary supplement, functional food, pharmaceutical and cosmeceutical industries.
  • In 2019 Mediplus, The company launched policosanols tablets . It is a packet of 60 tablets that is formulated using advance techniques in New Zealand. It not only support healthy cholesterol levels but also enhances stamina.
  • In 2020 Cyvex Nutrition, Inc., The company launched new tablets called as Swanson Ultra Policosanols supplements. These supplements are among the best sellers in 2020. It helps in maintaining a good cardiovascular health. As policosanols help in combating health issues.

Get Valuable Insights into Policosanols Market

Future Market Insights, in its new report, presents an unbiased analysis of the policosanols market, covering historical demand data 2016-2020 and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the policosanols Market based on product type, has been classified into policosanols. The policosanolis classified on the basis of source, grade, application and extraction process. Regionally, the policosanols market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

Key Questions Answered in the Report

Which is the most lucrative market for policosanol?

Which is widely used source of policosanol?

Who is the leading end user of policosanol?

Which are some of the leading companies offering policosanol?

Which is the most preferred process for extracting Policosanol?

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Mass Finishing Consumables Market Indicates Notable CAGR growth by 2029| Business Strategy & Forecast

[288 Pages Report]  According to Future Market Insights (FMI), the global mass finishing consumables market registered a year-on-year (YoY) growth of 4.7% in 2021. Demand in the mass finishing consumables market is projected to grow at a value of 4.9% CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to top US$ 206.8 Mn in 2022.

Sales of mass finishing consumables are primarily driven by the increasing demand for surface finishing from various end-use industries such as automotive, aerospace, and general and industrial engineering. As indicated in a new Future Market Insights (FMI) study, the global mass finishing consumables market is estimated to be valued at over US$180 Million by the end of 2019, demonstrating moderate growth at a less than 5% CAGR during the forecast period, 2019 – 2029.

Key Takeaways – Global Mass Finishing Consumables Market

  • Non-metallic abrasives provide more contact area during finishing process than metallic ones, thus enabling the dimensions of parts to stay intact. Furthermore, non-metallic abrasives are best suited for both wet and dry applications. This leads to growing preference for non-metallic abrasives (ceramic, plastic, and porcelain) over metallic abrasives (such as steel).
  • Ceramic and plastic mass finishing consumables are estimated to account for more than 70% of total mass finishing consumables worldwide.
  • Plastic mass finishing consumables are generally recommended for use with softer metals, such as aluminum, brass, and zinc.
  • Use of fixtures is an upcoming trend. This process increases flow of media onto component surface, thereby contributing to an increased finishing action.

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New entrants in the global mass finishing consumables market can benefit by penetrating emerging economies in East Asia, where substantial growth is seen in the manufacturing sector.

Implementation of digitization and automation technologies over conventional technologies in the production line, product innovation, and footprint expansion remain key strategies followed by mass finishing consumables manufacturers to enhance productivity and to capture new market opportunities.

Reducing Third-party Dependence for Finishing Services to Propel Market Growth

Sustainable growth of investment in the manufacturing sector is expected to play a key role in driving the growth of the mass finishing consumables market across the globe. From the perspective of end-use industries, surface finishing is used in almost in every industry for cleaning and refurbishing metallic and non-metallic parts. End users are dependent on third-party service providers, which increases production cost and negatively impacts profitable margins.  The high cost involved influences such end users to opt for in-house surface and finishing technologies and to enhance productivity along with reducing cost and time.

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Interested in More Information?

A new market report on mass finishing consumables published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data for 2014 – 2018 and forecast statistics for 2019 – 2029. The study offers insightful information on the global mass finishing consumables market based on various categories – media type (ceramic, plastic, steel, aluminium oxide, and others), application (deburring, pressure deburring, grinding, polishing, and ball furnishing, among others), and end-use industry (automotive, aerospace, machine tooling, general manufacturing, construction, healthcare, and jewellery & accessories), across seven regions.

ADAS Calibration Equipment Market : Value Chain, Stakeholder Analysis and Trends by 2031

The ADAS calibration equipment market has been significantly impacted by the ongoing coronavirus pandemic in 2020. Restrictions on operations and supply chains of the global automotive industry in addition to shortages of manpower and components owing to supply chain disruptions has limited short term growth of the industry.

According to analysts from Future Market Insights (FMI), the ADAS calibration equipment industry is expected to display a very impressive 11.4% CAGR for the assessment period between 2020 and 2030. As per the latest report the market is likely to gain ground with investments in the automotive industry towards technology needed for autonomous driving functions.

The ADAS calibration equipment sector will largely display an upward trajectory for the duration of the projection period, driven by frequent innovations in ADAS camera and sensor technology and product development investments by calibration equipment manufacturers. On the other hand, the high costs of ADAS systems, lack of consumer awareness, and applications restricted primarily to premium vehicles limit demand for ADAS calibration equipment.

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Key Takeaways

  • The advanced driver assistance system calibration equipment market size was valued at over 226 million in 2019, with demand slipping significantly during the covid-19 pandemic, owing to strict lockdown regulations restricting automotive production operations.
  • Passenger vehicle applications of ADAS calibration equipment are major contributors to revenue, aided by favorable safety regulations imposed by the EU government, and higher global demand for premium vehicles.
  • Automotive OEMs hold a larger market share than that of service stations and tier 1 suppliers, on the back of spending capabilities for large-scale use of cutting-edge tech in the ADAS sector. However, services stations are also projected to reflect a sharp rise through 2030.
  • Europe will remain a leading regional market for ADAS calibration equipment through 2030, with lucrative opportunities arising from the presence of international automotive manufacturers and favorable regulations assisting market growth for the long term.

“Rising demand for advanced features in passenger vehicles is a key factor boosting the demand for ADAS calibration equipment. East Asia is projected to display rapid growth in the coming decade, with rising adoption of ADAS in mid-range vehicle offerings,” says a lead analyst at FMI.

Covid-19 Impact on Advanced System Driver Assistance Calibration Equipment Market

The covid-19 pandemic has had a negative impact on the ADAS calibration equipment market. Restrictions on the automotive industry have resulted in delays in terms of automotive production, which has resulted in a significant slump in short term demand.

In addition, ADAS calibration equipment manufacturers are also facing challenges in terms of cash flow, reduced access to manpower and a shortage of component supplies, which are hindering operations in the industry.

However, the market is likely to display strong recovery towards 2021, with relaxation on lockdown restrictions, pending automotive production orders, and the transition towards electric vehicles, which are expected to generate lucrative opportunities for manufacturers in the years to come.

Who is Winning?

Future Market Insights has provided a comprehensive analysis of the strategies being employed by players in the largely consolidated ADAS calibration equipment market. Manufacturers are primarily investing in product development strategies, with the integration of cutting-edge automotive technologies to consolidate market position over competitors with a wider-ranging portfolio.

The Burke Porter Group, Robert Bosch GmbH, Hofmann Megaplan GmbH, Mahle GmbH, Cojali S.L., HELLA GmbH & Co. KGaA, Launch Tech Co. Ltd., TEXA S.p.A., and Autel Intelligent Technology Corp. Ltd. are some of the more prominent participants in the ADAS calibration equipment market.

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Key Segments

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

End Users

  • Automotive OEMs
  • Tier 1 Suppliers
  • Service Stations

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ADAS Calibration Equipment Market Report: Scope

Attribute Details
Forecast Period 2020-2030
Historical Data Available for 2015-2019
Market Analysis US$ Million for value, Units for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa (MEA)
Key Countries Covered US, Canada, Brazil, Mexico, Argentina, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia New Zealand, GCC Countries, Turkey, South Africa, Northern Africa
Key Segments Covered Vehicle Type, End User, and Region
Key Companies Profiled Robert Bosch GmbH, Mahle GmbH, HELLA GmbH & Co. KGaA, TEXA S.p.A., Autel Intelligent Technology Corp. Ltd., Launch Tech Co. Ltd., COJALI S.L., Hofmann Megaplan GmbH, The Burke Porter Group (only indicative list)
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

Padded Mailers Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2029

In the backdrop of increasing demand for compact and cost-efficient protective packaging solutions, the growth outlook of global padded mailers market will remain positive during the forecast period (2019 – 2029). A new study of Future Market Insights (FMI) projects a healthy 5% CAGR for padded mailer sales during the period of projection.
Lightweight and tamper-resistant attributes of padded mailers will continue to position them as a preferred packaging format among manufacturing and warehousing industries. E-commerce expansion will also argue well for the growth of padded mailers market in the near future.
Key Takeaways – Padded Mailers Market Study

  • Manufacturers focus on the inclusion of 25-60% recyclable content in padded mailers to reduce adverse impact on environment.
  • Polyethylene would remain the material of choice, reflecting a significant market share and incremental opportunity.
  • E-commerce behemoths such as Amazon, Alibaba, Flipkart, Snapdeal, and FedEx are expected to expand at a substantial rate during the forecast period, particularly in India and China. This will be among the strongest factors driving market growth.
  • Europe and East Asia will collectively represent nearly half of market share during the forecast period.
  • The peel-and-seal segment would remain prominent in the global market in next ten years, as compared to the self-seal segment.

Polyethylene padded mailers continue to widespread adoption owing to their protective properties against damage, barrier protection, and recyclability. Consumers’ demand for convenient and compact flexible protective packaging solutions is projected to help manufacturers maintain their foothold in the rapidly expanding packaging industry.
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Product Innovation – Key Strategy of Padded Mailer Manufacturers
Manufacturers operating in the padded mailers market, such as 3M Company, Sealed Air. Corp., Pregis LLC, and ProAmpac LLC are particularly involved in manufacturing bespoke padded mailers, in order to better serve their end users. They are continuously investing to produce innovative products to cater to end users operating in diverse segments. Storopack Hans Reichenecker GmbH and Proampac LLC are following the strategy of mergers and acquisitions to increase their business footprints. For instance,

  • Pregis LLC offers Armor-Lite mailers that can be used in reducing packaging dimensions and overall weight, environmental footprint, along with cutting shipping costs. Durable and strong polyethylene padded mailers offer tear, moisture, and puncture-resistant capabilities, optimally.
  • In April 2019, the Sealed Air Corp. launched its new Jiffylite auto sealer to increase throughput of sealing process of bubble mailers before shipping.

Know More About Padded Mailers Market Study
Future Market Insights, in its new offering, offers an unbiased analysis of the global padded mailers market, analysing historical demand from 2014-2018 and forecast statistics of 2019-2029. The study unravels growth projections of the padded mailers market on the basis of material (kraft paper, polyethylene, and fiber-based padded mailer), closure (self-seal and peal-and-seal), and end use (manufacturing & warehousing (pharmaceuticals, electrical & electronics, automotive & allied industries, food & beverages, cosmetics & personal care, and others), e-Commerce, shipping & logistics), across seven major regions.

Viscosity Index Improvers Market projected to exceed the US$ 5 Bn mark by 2029 end – Comprehensive Research Report by FMI

Future Market Insights (FMI) has forecasted the Viscosity Index Improvers market to grow with a year on year growth of 2.5% in 2022 reaching a value of about US$ 3,836.5 Mn by 2022 end. The global business is anticipated to witness a considerable CAGR of 2.9% during the period of 2022 and 2029.

Base Year Value (2021A) US$ 3,729.4 Mn
Estimated Year Value (2022E) US$ 3,836.5 Mn
Projected Year Value (2029F) US$ 4,699.3 Mn
Value CAGR (2022-2029) 2.9%
Collective Value Share: Top 3 Countries (2022E) 42.0%

Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to exceed the US$ 4,699.3 Mn mark by 2029 end, the overall growth outlook would remain sluggish.

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

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Viscosity Index Improvers Market​ Key Takeaways

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

The viscosity index improvers market is witnessing a paradigm shift in terms of innovation and manufacturing, from traditional synthetic products to bio-based or bio-preferred products that are in compliance with regulatory framework. This transition, along with production cost optimization, will drive substantial demand for the product in automotive as well as non-automotive applications.

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Scope of Report

Attribute Details
Forecast Period 2022-2029
Historical Data Available for 2014-2021
Market Analysis USD Million for Value and Kilo Tons for Volume
Key Regions Covered North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa.
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, BENELUX, China, Japan, India, ASEAN, Australia, New Zealand, South Korea, Brazil, Mexico, GCC Countries, South Africa, Turkey
Key Segments Covered Product Type, Application and Region
Key Companies Profiled • The Lubrizol Corporation

• Infineum International Limited

• Chevron Oronite Company LLC

• Evonik Industries AG

• Afton Chemical Corporation

• BASF SE

• Sanyo Chemical Industries

• Croda International Plc

• Lanxess AG

• Mitsui Chemicals, Inc.

• Shenyang Great Wall Lubricating Oil Manufacturing Co., Ltd.

• BRB (Petronas)

• BPT Chemicals

• Nanjing Runyou Chemical Industry Additive Co., Ltd.

• Jilin Xingyun Chemical Co., Ltd.

• Jinzhou Kangtai Lubricant Additives Co., Ltd.

• Paras Lubricants Ltd.

• Versalis S.p.A.

Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Viscosity Index Improvers Market: Competition Landscape

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

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Changing Regulatory Scenario Encourages Advancements in Lubrication Technology

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

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain

Refractory Cement MarketAccording to latest research conducted on refractory cement market, it is expected to register a CAGR of over 4-5% during the forecast period 2021 to 2031.

Optically Clear Resin MarketAccording to the latest research, the demand for Optically Clear Resin (OCR) is anticipated to grow with a compelling growth rate of about 5.5% to 7.5% in between the coming assessment period of 2021-2031.

Inorganic Flame Retardants MarketAs per a latest research conducted, the worldwide inorganic flame retardant market is projected to expand at a CAGR of 3% to 4% during the forecast period 2021-2031.

Monomethyl Acetoacetamide MarketAccording to the latest research conducted on the Monomethyl Acetoacetamide market, the demand is estimated to exceed a 3-4% CAGR between 2021 and 2031.

Green Solvents MarketAs per the latest global industry analysis for historical period of 2016-2020 and upcoming assessment period of 2021-2031, the demand for green solvents is expected to grow remarkably with CAGR ranging around 6% to 8%.

Optical Coatings MarketAccording to a recent study, the worldwide optical coating market is anticipated to grow at a CAGR of 8% to 9% during the forecast period 2021-2031.

Coal Briquettes MarketAccording to latest research conducted on Coal briquettes market, it is expected to grow with a CAGR of around 5-6% during the forecast period 2021-2031.

Cetyl Esters MarketAccording to latest research conducted on Cetyl Esters market, it is expected to register a CAGR of over 4-5% during the forecast period 2021-2031.

Caustic Calcined Magnesite MarketAccording to the latest research, the demand for Caustic calcined magnesite (also known as caustic calcined magnesia) is anticipated to grow with a compelling growth rate of about 7.0% to 9.0% in between the coming assessment period of 2021-2031.

Polycide MarketAccording to latest research, the polycide market is projected to expand between 4.0% and 6.0% CAGR during the 2021-2031 assessment period.

Steady Rise in Cup Filling Machines Installation, Dairy Products Remain Key Revenue Contributors: FMI Study

[248 Pages Report] The cup filling machines market is estimated at US$ 1.6 Bn in 2022 and is projected to reach US$ 2.2 Bn by 2029, at a CAGR of 4.6% from 2022 to 2029. The global cup filling machines market is projected to witness an average yearly growth of 4% through 2029. The considerable growth in cup filling machines market is majorly driven by rising consumption of dairy products and technological advancement associated with packaging machinery. Exceptional efficiency of cup filling machines is promoting their popularity among food manufacturers and suppliers.

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Expansion of the packaged food sector is particularly creating opportunity for cup filling machines manufacturers, attributing to their abilities to efficiently sealing and labelling the cups. This feature is likely to accelerate the demand for cup filling machines across the globe during 2022 – 2029.

Key Takeaways – Cup Filling Machines Market Study

  • Rapid expansion of the food industry and considerable upgradation of packaging machinery are factors that reinforce market growth of cup filling machines, worldwide.
  • The food industry has been recognised as key end users for cup filling machines, as this industry is witnessing a consistent demand for cup filling machines to fill and seal various food products such as dairy products, bakery & confectionary, and ready-to-eat meals.
  • Moreover, widespread trend of working with less to create more, especially in the food packaging sector is contributing significantly to the growth of the cup filling machines market.

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  • Rotary cup filling machines are likely to remain prominent in the global cup filling machines market in next ten years.
  • Automatic and semi-automatic cup filling machines are experiencing a soaring demand in the market. The capability of these advanced cup filling machines to facilitate the whole cup filling procedure with less interference of humans is enhancing market growth considerably.

Rising automation for high-speed packaging is one of the prime factors that continues to promote the growth of cup filling machines market. Furthermore, the demand for cup filling machines is anticipated to touch a new level in upcoming years as food product suppliers and manufacturers are focusing to raise production bars.

Europe and South Asia Emerging as Lucrative Investment Pockets

Over the past several years, the food and beverages industry has witnessed the astonishing growth in regions such as European and South Asian countries. Leading cup filling machines manufacturers are targeting these regions to capture a prominent market share. Top milk producing countries such as India, France, and Germany continue to create enormous opportunities for cup filling machines manufacturers that are seeking a stronger foothold in these regions as well as at a global level. Consistently increasing rate of cup filling machinery installations in these economies will drive the market growth in the near future.

  • For instance, on June 6, 2022, NHM Machinery, one of the cup fill machines manufacturers installed CFM 2L automatic cup filling machines in Boeren Van Amstel dairy processing plant in the Netherlands.

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Learn More About Cup Filling Machines Market Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global cup filling machines market, analyzing historical demand from 2014-2018 and forecast statistics for 2022-2029. The study unravels growth projections on the cup filling machines market on the basis of machine Type (rotary, linear), technology (automatic, semi-automatic and manual), capacity (Below 1000/Hr, 1001 to 3000/Hr, 3001 to 6000/Hr and above 6000/Hr) and end use (Food, beverage and others), across the seven major regions.

Europe Trolley Bus Market to Gain a Stronghold by 2029

Europe Trolley Bus Market Analysis 2019 – 2029

A recent market study published by FMI on the trolley bus market includes the Europe industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the key market dynamics.

Europe Trolley Bus Market: Segmentation

The Europe trolley bus market is studied in various arena to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Bus

  • 12 meters
  • 18 meters

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By Application

  • As Local commute transportation
  • Amusement parks
  • Auxiliary purpose

Report Chapters

Chapter 01 – Executive Summary

The report starts with the executive summary of the trolley bus market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the trolley bus market. Here, the team also includes the technology development for the trolley bus market.

Chapter 02 – Market Overview

Readers can find a brief definition of targeted products and a detailed segmentation of the trolley bus market in this chapter, which will help them understand the basic information about the trolley bus market. Along with this, a comprehensive information pertaining to trolley bus is provided in this section.

Chapter 03 – Key Success Factors

In this chapter, the team has covered validated key success factors such as product variants, and technology development, among others. Moreover, stockholders can find top four success factors that can positively fortify their business in between the influx of competitors.

Chapter 04 – Europe Trolley Bus Market Demand Analysis 2014-2018 & Opportunity Assessment 2019-2029

This section explains the Europe market value analysis and forecast for the trolley bus market between the forecast periods of 2019-2029. This chapter includes a detailed analysis of the historical trolley bus market, along with an opportunity analysis of the future.

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Chapter 05 – Europe Trolley Bus Market – Pricing Analysis

This section includes the pricing analysis of the trolley bus market at the Europe level. For comprehensive analysis, the team has provided separate prices for 12 meters and 18 meters trolley buses for 2018(Actual Year).

Chapter 06 – Europe Trolley Bus Market Demand (Value)Analysis 2014-2018 and Forecast 2019-2029

This section explains the Europe market value analysis and forecast for the trolley bus market between the forecast periods of 2019-2029.

Chapter 07 – Installed Fleet of Trolley Bus

In this chapter, the team has given an overview of global trolley bus market with installed base across the globe.

Chapter 08 – Transit Ridership VS Rail Modes Carry Passengers Analysis

In this arena, the team has included the segmental overview for road vehicle and rail vehicle.

Chapter 09 – European Economy Overview

This chapter provides details about economic development of Europe and how economy can boost the demand for trolley bus in the coming years.

Chapter 10 – Market Background

In this segment, readers can find the macroeconomic factors, forecast factors, advantages and features of trolley bus, value chain, market dynamics, etc.

Chapter 11 – Europe Trolley Bus Market Analysis 2014-2018 & Forecast 2019-2029, by Technology

This chapter provides details about trolley bus market based on technology, and segmented into pure electric and dual powered (electric+battery).

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Chapter 12 – Europe Trolley Bus Market Analysis 2014-2018 & Forecast 2019-2029, by Application

In this section, the team has covered market value and volume for application segment i.e. local commute transportation, amusement park, and auxiliary.

Chapter 13 – Europe Trolley Bus Market Analysis 2014-2018 & Forecast 2019-2029, by Bus type

In this section, the team has mentioned in-depth analysis for bus type segment which is comprised of 12 meters and 18 meters.

Chapter 14 – Europe Trolley Bus Market Analysis 2014-2018 & Forecast 2019-2029, by Country

This chapter explains how the trolley bus market will grow across various European countries.

Chapter 15 – Market Structure Analysis

In this chapter, readers can find detailed information about the Market Positioning, Market Structure, Value Share Analysis By Companies.

Chapter 16 – Market Structure Analysis

In this arena, stockholder or strategy makers can find the exclusive information of the top key players of trolley bus market with summery findings of competitive developments.

Chapter 17 – Company Profile

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the trolley bus market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments.

Chapter 18 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the trolley bus market report.

Chapter 19 – Research Methodology

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the trolley bus market