Encapsulated Flavors and Fragrances Market is expected to reach US$ 11.2 billion by 2031

Encapsulation processes create functional qualities including the controlled release of aromatic molecules in specific environments. Encapsulated flavors and fragrances are used as excipients in the food and beverage, cosmetics, and personal care sectors for preserving products for long-term use.

Purity, granulation, average molecular weight, colour, and solubility determine the grade of encapsulated products. The wide multi-functional benefits of encapsulated flavours and fragrances are aiding the growth of the global market.

High levels of investments in research and development by key players, particularly in the developed countries, are expected to boost consumption. Another factor driving the market’s growth is the rising demand for functional foods.

Additionally, manufacturers are using technologies such as spray-drying, which is the most commonly used method in the industry. The emphasis on health and wellness has risen by leaps and bounds.

Healthy drinks with vitamins and natural flavors are becoming popular among consumers. Flavour encapsulation is preferred to chemically synthesized equivalents. Consequently, it is used on fruit and vegetable ingredients without compromising nutritional content. As a result, encapsulated flavour manufacturers have great opportunities to partner with beverage manufacturers and supply encapsulated flavors for health drinks and more.

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Key Takeaways from the Encapsulated Flavours and Fragrances Market Study:

  • Micro-encapsulation accounted for a market share of 72.9% in 2021 driven by superior functional efficacy and diverse applications.
  • Cyclodextrin is anticipated to witness a lucrative growth rate at a CAGR of 9.1%, supported by the growing popularity of prebiotics.
  • Germany holds the lead and will account for 24% share in the Europe market in 2021, however, it is registering sluggish growth owing to saturation in the country.
  • The U.S. will hold over 88% of the North America market by the end of 2031, driven by demand from matured food and chemical processing sectors.
  • South Korea registers the highest growth rate in East Asia at 8% CAGR, supported by demand from the cosmetic, personal care, and pharmaceutical sectors in the country.

“Leading companies in the encapsulated flavors and fragrances market are focusing on developing novel product technologies to bolster their revenue streams through research and development efforts in the coming decade,” according to FMI’s analyst.

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Who is Winning?

Encapsulated flavors and fragrances manufacturers are working on delivering unique items to the market to reach a larger customer base. Manufacturers are also working on research and development to meet rising consumer expectations in both existing and emerging markets. Additionally, manufacturers are also focusing on online retailing in the pandemic through various E-commerce websites.

Some of the leading companies offering encapsulated flavours and fragrances are ADM, Cargill Inc, Firmenich Incorporated, Givaudan, Ingredion Incorporated, International Flavours and Fragrances (IFF), Kerry Group, Royal DSM, Sensient Technologies, Symrise AG, Tate & Lyle PLC and others.

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Get Valuable Insights into Encapsulated Flavours and Fragrances Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the encapsulated flavours and fragrances market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the encapsulated flavours and fragrances market based on form (liquid and powder), by source (shrimp, crab and lobster), and by end-use (food additives, dietary supplements, pharmaceuticals & biomedical and cosmetics & personal care) across seven major regions.

Automotive Wheel Spindle Market Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2031

In automobile vehicles, specifically in passenger cars there is a suspension system which provides the vehicle a sort of road-shock cushioning system that helps in the smoothing of irregularities in the road surface and also bring stability in the vehicle.

Automotive Wheel Spindle is that part of suspension system which holds the control arms, ball joints, springs and steering together. It provides a platform for wheel assembly. In general, spindle is a metal product which connects the ball joints at the top and bottom of the vehicle. Spindle is the most important component in the automobile vehicles such as cars, trucks etc which helps the vehicle to run in a smooth and stable manner.

Wheel spindle is mainly used in the automobile vehicles such as passenger cars and heavy trucks. Thus, Spindle provides the features of high speed, low vibration and high rigidity in the vehicle which helps in smooth running of the vehicle with permanent stability.

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Automotive Wheel Spindle Market: Regional Outlook

Asia Pacific is expected to be the major contributor inaugmenting the market growth of the automotive wheel spindle. South East Asia Countries such as India, ASEAN, Japan and China are the prominent market for Automobile Wheel Spindle Market. Due to the growth in urbanization, rise in the household incomes, technological advancement in Asia Pacific Regions there has been a global increase in the demand of automotive wheel spindle market.

North America is expected to have a sound growth in Automotive Wheel Spindle Market as there is rising number of sales of electric passenger cars and investment in electrification in the automotive industry.

Europe is foresighted to be a moderate growth market for automotive wheel spindles owing to already established market of individual vehicles with public and commercial vehicles to be at the forefront of market growth. Middle East and Africa Region is also one of the lucrative market for automotive spindles as the economy is growing rapidly in terms of automobile production and new investment in the development of automotive industry.

Automotive Wheel Spindle Market: COVID 19 IMPACT

During the initial phase of pandemic, cut down in production, supply and sales in the automotive industry had been witnessed owing to curbs imposed by regional governments. However, with subsequent safety measures undertaken by the regional authorities, the economies are opening up and production has been started resulting in rising sales of automobiles which is thus expected to benefit the intake of automotive wheel spindles in vehicle production. Thus, there has been a gradual shift in the automotive industry in recent months in terms of demand, product technology and efficiency which is helping the spindle manufacturers to expand their business.

Automotive Wheel Spindle Market: Segmental Overview

Passenger cars is one of the major segment which is playing a major role in the growth of demand of automotive wheel spindles market. Automotive companies are focusing more on the production of electric vehicles which is pushing the wheel spindle manufacturers to produce the high quality spindles. The rising sales of electric passenger cars is driving the growth of global automotive wheel spindle market.Both the product types in automotive spindles i.e., driven wheel and non-driven wheel spindles is widely used in automobiles based on their use and quality.

Automotive wheel Spindle is an important component used in passenger vehicles and commercial vehicles. It is a component which has a large application in the manufacturing of automotive vehicles. Thus, it is product which majorly has a significance in Original Equipment Manufacturing sales channel.

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Automotive Wheel Spindle Market: Analysis Perspective

The Automotive Wheel Spindle Market is expected to have substantial growth in near futuredue to increasing trend in the sales of automotive vehicles and current developments in the overall automotive industry. Advent of hybrid fuel and electric vehicles will aggrandize the market growth of automotive wheel spindle. Design of high efficiency and improved running cycles will be pursued by automotive spindle manufacturers are expanding their business at a larger scale as there is high application of spindles in the vehicles. Moreover, growing production capabilities, better supply chain, and investment in strategic collaboration is driving the steering of automotive wheel spindle market.

Automotive Wheel Spindle Market: Key Participants

Some of the market participants in the Global Automotive Wheel Spindle Market, identified across the value chain include:

  • Colonial Tool Group Inc.
  • Samwoo Hitech
  • Superior Spindle
  • KROSS Ltd
  • Setco
  • Capital Engineering Corporation
  • Setco Spindles India Pvt Ltd
  • FISCHER Deutschland GmbH
  • Triquench India
  • Progressive Gear Industries Private Limited
  • Accuride Wheel End Solutions
  • GKN Wheels and Structures
  • Schaeffler Automotive Aftermarket GmbH & Co. KG
  • WJB Group
  • Baum Hydraulics Corporation

The research report on the Automotive Wheel Spindle market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Automotive Wheel Spindle 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 product type, application and sales channel.

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Automotive Wheel Spindle Market: Segmentation

The global automotive wheel spindle market can be segmented on the basis of Product type, application, sales channel.

Product Type:

  • Driven Wheel
  • Non-Driven Wheel

Application:

  • Passenger vehicle (SUV)
  • Commercial vehicle (Trucks)

Sales Channel:

  • OEM
  • Aftermarket

Mini Refillable Perfume Bottles Market to witness steady growth during 2021-2031, with a CAGR of around 3.5-4.5%

The mini refillable perfume bottles market is set to witness steady growth during 2021-2031, with a CAGR of around 3.5-4.5%. The market for mini refillable perfume bottles is projected to grow owing to the rising standard of living in luxury and trending developments in the cosmetic industry based on new fashion and personal care.

In addition, mini refillable perfume bottles are easy to carry as the normal perfume bottles are glass made and thus, difficult to carry and have high chances of being damaged.

Evolving customer demands and rising interest of e-commerce platforms for shopping of essential and personal care products are likely to contribute towards the growth of the refillable perfume bottles industry. Moreover, the easy availability of perfume bottles through various retailers has had a positive influence on mini refillable perfume bottles sales.

Moreover, the increased usage of recycled products in various industries has led to the diversification of bottle types available in the market. Further, with the help of technology and development, lightweight materials are used to manufacture perfume bottles that can resist the liquid and not spoil it. In addition,  major players offer schemes such as customizable packaging that makes the product more affordable and grows the demand in the market.

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The sudden outbreak of the COVID-19 had resulted in severely affected the working of industries and shutting down every day activities to stop the spread of the virus, as implemented by the regional governments. Moreover, the ruled-out strict regulations on the movement of individuals in commercial areas led to the rise of essential products and declined the demand for various personal beauty and care products, therefore, affecting the sales of mini refillable perfume bottles.

Easy Customization and Availability of Diversified Product Portfolio to Grow Sales

Mini refillable perfume bottles are easy to carry, use, and further, be refilled by unscrewing the pump. The perfume bottles are generally made of glass and plastics that can be recycled and thus, is a product market. Moreover, companies provide with desired sizes of bottles and extra liquids that can be purchased separately as well with a variety of fragrances.

In addition, the growing demand for unisex perfumes and fragrances especially, among millennials who intend to express their personality through their fragrances, as various brands also launch products that mark a certain character in an individual. Thus, it is encouraging manufacturers to diversify their product line and provide unique and affordable perfumes.

U.S. and Canada Mini Refillable Perfume Bottles Market Outlook

The countries of North America are likely to contribute and lead the market in terms of sales of mini refillable perfumes bottles, owing to the rise in customer spending capacity on beauty and personal care products. The presence of innovative product awareness strategies, which gain the attention of the customers especially, millennials who are the key drivers for the demand for mini refillable perfume bottles.

In addition, countries such as the U.S., Canada, and Mexico are anticipated to grow the demand at a rapid pace due to the growing number of international perfume manufacturers. However, demand for perfume and other luxury products is hindered due to the decrease in the economy and new regulations on trading have led to disruption of the supply chain.

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Europe Demand Outlook for Mini Refillable Perfume Bottles

The evolving mindset of players and manufacturers in various industries in Europe

Are likely to help the mini refillable perfume bottle industry to grow. Moreover, the distributors conduct a market study, and target their audience, and thus, with the growing popularity of working women the volume of sales is projected to rise.

Moreover, the presence of various global leaders in the beauty and personal care industry such as – Chanel, Gucci Gucci S.p.A., and LVMH among others in the countries of Europe are the key factors that make Europe the fastest-changing and evolving market for mini refillable perfumes bottles.

Who are the Key Manufacturers and Suppliers of Mini Refillable Perfume Bottles?

Some of the leading manufacturers and suppliers of mini refillable perfume bottles include

  • Marcelle Dormoy
  • Gucci Gucci S.p.A.
  • Chanel S.A.
  • Estee Lauder Companies Inc.
  • Hermes International S.A.
  • Ralph Lauren Corporation
  • L’Oréal S.A.
  • Coty Inc.
  • LVMH
  • Bulgari S.p.A.
  • Giorgio Armani S.p.A. among others.

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 an 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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Mini Refillable Perfume Bottles Market Report Highlights:

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

Blow – Off Valves Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2031

When the gas pedal is suddenly lifted, the throttle plate closes. Thus a rush of air heads into the engine, and subsequently into the turbo due to the closed throttle plate. This causes a phenomenon known as compressor surge. A blow off valve is a vacuum actuated valve, which is designed for pressure release in a turbocharged vehicle when the throttle is closed or lifted. The blow off valve helps release the compression surge pressure thereby preventing wheel stalling, lag and improves drivability.

The blow – off valve operates with respect to variability in manifold and atmospheric pressure. When the throttle body closes, the relative manifold pressure drops below the atmospheric pressure which opens the blow – off valve. Mostly all conventional blow – off valves vent to the atmosphere but some adjustable or “hybrid” blow – off valves vent the pressure back to the intake system to be recirculated, which enables in reducing lag substantially while altering gears.

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Blow – off valves: Market Drivers and Challenges

Blow – off valves are essential for any turbocharged vehicle, but are the most efficient in race cars, because when the throttle is lifted, the turbo is up to speed along with a boost response. With the present versions of high performance automobiles embracing turbocharger systems, will fuel the demand of blow – off valves.

In the OEM site, primarily the market is said to be governed by the top tier manufacturers who have a contract based supply order modules, whereas the aftermarket consists of plethora of tier-2 manufacturers and regional/local based players as well. There are very few universal fit blow – off valves available in the market, which drives customers to buy custom blow – off with respect to their vehicle’s make, year and model. Although blow off valves find intensive applications in the automobile industry it is also used in water treatment and oil and gas industries.

Blow – off valves are usually added on to high performance vehicle or top end vehicles with turbochargers. The restraints of blow – off valves, therefore also depend on the low drivability of such vehicles on different regions. The high cost of vehicles and blow – off valves hinder the growth of the blow – off valves market.

Environmental regulations against the release of air into the atmosphere in some regions, also hinder the growth of the blow – off valves market. Government policies against excess noise pollution from blow – off valves could lower the sales too.

Impact of COVID-19 on Blow – off valves market

With the subdued growth of the automobile industry before the covid-19 impact, the industry has further faced production slowdown in the present year due to the pandemic. The reduced output production coupled with disruption in component supply chain has been strongly evident in the first half of the fiscal.

However, during in the second quarter of 2020, automobile sales improved as compared to the first with market growth reeling back towards a decent growth rate. The rebound for blow – off valve market growth is likely to incur a considerable time with low to moderate sales of the product in regional markets.

Blow off valves are offered to end customers either directly via OEM or aftermarket. The aftermarket segment occupies a larger portion of blow – off valves sales due to the higher amount of pressure offered in the pressure of the boost. These companies are therefore pursuing better to solidify their brand footprint by enhancing channel efficiency both by offline and online sales.

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Blow – off valves: Regional Market Outlook

Countries such as UAE, Germany, Italy and the U.S. are identified to be the prominent regional markets to create significant demand in the blow – off valves market. This can be attributed to the high presence of sports cars and high spending power of people in the mentioned regions.

With the automotive manufacturing hubs concentrated in Japan, Europe and U.S., the prominent regional markets for blow – off valves also happen to be the mentioned regions. High number of drag races in the U.S. are also expected to foster a decent growth for the blow – off valve market.

Blow – off valves Market: Which trend / segment to impact more:

Amongst various different types of applications of blow of valves, the adoption of blow off valves in high performance vehicles is expected to create more incremental opportunities. Blow off valves provide protection against wear and damage to the turbochargers. Although, unnecessary, blow off valves ensure higher reliability and a smooth running engine.

Blow off valves not only make the turbocharger system efficient, but it is also preferred for the sound and the exit vent which adds to the sporty look of the vehicle, which increases the demand of the blow off valves market.

Blow – off valves Gauge Market: Analyst perspective

“The market for blow – off valves market is witnessing a strong growth trend, attributed to the increasing demand from high performance vehicles. Leading market participants are focusing on building strategic alliances and developing lighter and sturdier blow off valves. These factors are compelling the adoption of coating thickness gauges.”

Blow – off valves: Key Market Players

Major market participants in the global Blow – off valves market identified across the value chain include:

  • NGR Performance
  • GO FAST BITS
  • TiAL Sport
  • Greddy
  • SARD CO
  • COBB Tuning
  • Boomba Racing

The Blow – off valves research report presents a comprehensive assessment of the Blow – off valves 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 Blow – off valves research report provides analysis and information according to market segments, such as geographies, application, and industry.

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Blow – off valves: Market Segmentation

Product type :

  • Two Pressure Signals
  • One Pressure Signals

Function type :

  • Re-circulating blow off valves
  • Vented/Atmospheric blow off valves (Hybrid)

Application :

  • Passenger Car
  • High Performance Vehicles

Sales channel :

  • Original Equipment Manufacturer
  • Aftermarket

Cyclohexylbenzene Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Cyclohexylbenzene application in plastic, chemicals, paints and coatings, and electrical and electronic industries will guarantee steady consistent sales through 2031, finds Future Market Insights (FMI) in a recent research study. As per FMI, the cyclohexylbenzene market is anticipated to witness a growth rate of 4.0%, surpassing US$ 297 Mn during the assessment period.

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Applications as a solvent in paints and plastic products used in the automobile industry will also remain a chief growth driver. Considering this, demand in the automotive sector is expected to increase, especially with the influx of electric vehicles (EVs) and consistent development in automobile components.

Cyclohexylbenzene is primarily used in the manufacturing of phenol, which is a component used to produce epoxy resins that are used in paints, adhesives, coatings and primers. Continuous rise in demand for paints, coatings, primers, and adhesives across the globe is elevating scope for application in epoxy resins, which will in turn drive the market for cyclohexylbenzene.

Growing demand for high boiling solvents and penetrants in various industries including chemical industries, paints and coatings and plastic industries are anticipated to fuel growth in the coming years.

However, stringent government regulations imposed on the production and use of cyclohexylbenzene owing to its harmful effects on environment and human health is a longstanding challenge for manufacturers to overcome.

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Key Takeaways from Cyclohexylbenzene Market Study

  • China is a key market for cyclohexylbenzene, accounting for over 78% of the global sales, owing to manufacturer friendly policies in the country.
  • Application in chemical production will drive cyclohexylbenzene consumption. The industry will account for over 32% of the global value share by the end of the assessment period.
  • Standard cyclohexylbenzene holds over 70% of the overall value share, owing to cost benefits and wide scope of applications.
  • Russia followed by Germany will lead Europe with a cumulative value share of over 37% by 2031 owing to increasing investment in manufacturing and automotive sectors.
  • The U.S., will account for over 85% of the North America market through the end of 2031, supported by the presence of major end users.

“Manufacturers are gradually shifting their focus towards emerging nations to strengthen their footprint. Considering this, emphasis on mergers and acquisitions will continue growing in the market” said an analyst at FMI.

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Cyclohexylbenzene Market: Participant Insights

Key players in the market are adopting inorganic growth strategies including mergers and acquisitions to enhance their geographical footprint and revenue generation streams in previously untapped markets.

Key manufacturers in the cyclohexylbenzene market include Schultz Canada Chemicals Co. ltd., Biosynth Carbosynth, Henan Tianfu Chemicals Co. Ltd., Changsha Easchem Co., Ltd., Hefei TNJ Chemical Co. Ltd., Jiangsu Zhongneng Chemical Technology Co., Ltd., SAGECHEM, Xingrui Industry Co. Ltd., and Syntechem Co. Ltd, among others.

Rx to OTC Switch Market Expectations and Growth Trends Highlighted Until 2031

Rx-to-OTC switches refer to the transition from proven prescription drugs to nonprescription, OTC status. According to a report by Future Market Insights (FMI), the global Rx-to-OTC switches market was valued at US$ 33 Bn in 2020 and is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031).
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Scientifically, it is a rigorous and highly regulated process that allows consumers to purchase OTC access to a growing range of medicines. For a medicine to be granted under OTC status, it must comply with the regulatory standards associated with its efficacy, have a wide safety margin, and bolster labelling to ensure proper usage of the product.

The increasing prevalence of diseases with common self-treatable symptoms, such as cold and flu, headaches, allergies, and others has fuelled the demand for OTC drugs. Thus, growing sales of nonprescription drugs have pushed pharmaceutical companies to focus on Rx to OTC switches to meet customer needs thereby gaining high revenue in the market.

It was observed in 2020, Rx-to-OTC activity was driven by growing regulatory approvals and increased OTC sales. The COVID-19 outbreak has restricted patients to visit hospitals and clinics suffering from common illnesses. Consequently, delays in prescribed medication have shifted the customer preference towards the OTC drug consumption. As a result, the COVID 19 outbreak bolstered the demand for OTC products, which in turn has supported the adoption of Rx-to-OTC switches.

The Food and Drug Administration (FDA) introduced the non-prescription safe use regulatory expansion (NSURE) panel in 2013 that has supported a new wave of Rx-to-OTC switches, with a focus on creating conditions for switches in new therapeutic classes.

The introduction of the panel aimed to promote switches which had gained consumer attention, which in turn has aided the demand for the OTC drugs in the market.

Key Takeaways from Rx-to-OTC Switches Market Study

  • Allergy and respiratory drugs are anticipated to gain a revenue share of more than 25% with a CAGR of 5.7% owing to the rising prevalence of lifestyle-based ailments.
  • Retail pharmacies are anticipated to grow at a CAGR of 5.1% over the forecast period owing to the rise of e-commerce and the procurement of cost-effective medicines.
  • The  U.K. holds the lead in Europe, holding a share of over 33% owing to the implementation of favorable government policies.
  • The U.S. will account for over 77% of the North America market by 2031, supported by a matured healthcare and pharmaceutical sector and favorable reimbursement policies.
  • China is the largest and fastest growing market in East Asia estimated to account for close to 49% of the global market, owing to the country’s large-scale pharmaceutical requirements.

 “Increasing global prevalence of allergies and common illnesses such as flu, coupled with rising awareness for self-medication practices, are driving the growth of the global Rx-to-OTC switches market,” says the FMI analyst.

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Who is Winning?

Rx to OTC switches have led the pharmaceutical companies to shift focus from patients to consumers in terms of end users. In addition to strategic collaborations, acquisitions, expansion, product launches, agreements and research sponsorships are the key strategies adopted by manufacturers to expand their research and development (R&D) capabilities increasing sales in wider geographical base to strengthen product portfolios in the Rx-to-OTC switches market.

For instance, in January 2021, Boehringer Ingelheim entered into a collaborative agreement with Google Quantum AI (Google), focusing on researching and implementing cutting-edge use cases for quantum computing in pharmaceutical research and development (R&D).

Tray Liners Market is set to witness steady growth during 2021-2031

According to latest research by Future Market Insights, tray liners market is set to witness steady growth during 2021-2031. Tray liners are placed in the base of the trays to prevent direct contact of tray and the content which is placed in it.

Tray liners have the ability to absorb almost twice as much water per unit weight as their replacement, cotton towels and five times their own weight which makes them a better choice for multiple applications in the packaging industry.

The global tray liners market is anticipated to grow positively during the forecast period. As a result, the tray liners market is set to witness a CAGR of 5.1%-5.9%.

Manufacturers of tray liners are constantly innovating their product range to provide convenient packaging solutions to meet consumer demands. Industries such as pharmaceutical & healthcare and food have witnessed an increased consumption of trays which have led in increased the sales of tray liners.

Moreover, due to the escalating pharmaceutical industry, the tray liner market is propelling in the emerging economies. While in the developed nations the meat, poultry and seafood packaging the industry is fueling the demand for tray liners in the market.

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However, with the spread of covid-19 pandemic, most countries stopped unessential movements and declared health emergency, thereby impacting heavily on the supply chain of tray liner products.

Rising Demand from Healthcare Industry is complementing the Tray Liners Market Sales

Tray liners in pharmaceuticals are setting industry standards for quality and reliability in medical services. Due to the need and demand for these products from the healthcare industry, tray liners manufacturers are concentrating on the production and development of pharmaceutical tray liners.

Furthermore, tray liners in pharmaceuticals are available in a variety of materials and additives, depending on the application. Tray liners are available in a variety of sizes and materials. Tray liners are light in weight and can absorb more than five times their own weight in moisture.

Further, tray liners with advanced features such as anti-skidding properties and cost-efficiency are being developed by the majority of manufacturers. Moreover, these tray liners are expected to be used in a variety of industries, including chemical research facilities. Further, tray liners are becoming more popular among dental clinics which is driving the demand for the product.

US and Canada Tray Liners Market Outlook

In the U.S, the tray liners market is booming over the past few years and is expected to rise due to awareness about hygienic treatment and healthcare in hospitals and clinics, the tray liners market is expected to witness growth during the forecast period.

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Europe Demand Outlook for Tray Liners Market

The demand for tray liners market in the European market is estimated to grow significantly in the upcoming years.

Manufacturers prefer tray liners as these tray liners absorb the fluids which are released by the meat and keeps it fresh in the cold storage for a longer time. This increases the shelf life of the packaged food which helps in reducing wastage.

Also, usage of these trays makes the disposal process of spoiled meat convenient and hence is preferred by the European region due to large presence of food chain in the region.

This is translating into higher demand of tray liners which are mainly used to protect the inner lining of the trays. These factors are expected to further increase the demand for tray liners in the European region during the forecast period.

Some of the leading manufacturers of tray liners market include

  • Medline Industries Inc.
  • HASTI MEDIC
  • SafMed
  • Sirane Ltd.
  • Clinipak Limited
  • NOVIPAX LLC
  • Pactiv LLC
  • Weifang Sunshine Packaging Co. Ltd
  • Healthmark Industries Company Inc.
  • Flexipol Packaging Limited
  • Kimberly-Clark Corporation
  • Owens & Minor Inc.
  • Cardinal Health
  • and Shenzhen Snowdent Healthcare Co. Ltd. among others.

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.

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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.

 Tray Liners Market Report Highlights:

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

Resin Pigments Market to witness a CAGR of 4.0% during 2022-2031

The resin pigments market is set to witness a CAGR of 4.0% during 2021-2031. Resin pigments are some sort of resin pigment colorant which existed in the form of liquid. Liquid pigment can be applied in any vehicle and mixed to create any shade or color. It widely used by resin artist s for color dyeing. (Alcohol ink is a special liquid pigment).

Increased use of the product in the paints & coatings, plastics, and textile industries is expected to drive global market growth. Colorants made from resin pigments are widely used in the plastics and textile industries.

Because of the widespread use of plastics in packaging applications, the plastics industry is rapidly expanding. In the future years, this is likely to boost demand for resin pigments and propel global market expansion.

Furthermore, rising demand for resin pigments in the creation of printing inks is expected to be a major driver of global market expansion. Nonetheless, the expanding spectrum of resin pigment applications in the electronics industry is expected to provide profitable prospects for market players in the coming years.

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Trends in Resin Pigments Likely to Augment Sales

The market players are concentrating their efforts on research and advanced technology, which is expected to boost sales during the forecast period. Harima’s resins and tall oil products division, for example, draws on a wealth of advanced technologies and know-how to meet the diverse functional and performance requirements of printing inks, paints, adhesives, synthetic rubbers, and a variety of other consumer goods. In the sectors of printing ink resin, adhesive resin, and synthetic rubber emulsifier, the company offers a wide range of key goods.

Impact of Covid- 19 on Resin Pigments Market

In 2020, COVID-19 had a negative impact on the market. A disrupted global supply chain, as well as decreasing demand from a variety of end-user industries such as paints and coatings, plastics, textiles, and others, have influenced the market for resin pigments.

The paints and coatings industry is the major consumer of resin pigments, however due to the lockdown, factories have ceased production, resulting in a drop in resin pigment demand.

The increased demand for dependable commercial items, such as 3D printing materials, will likely present an opportunity in the future.

US and Canada Resin Pigments Market Outlook

Increasing construction activity in North America is expected to drive up pigment demand over the forecast period. Plastics and printing inks are two other important application industries that contribute to market demand.

Construction spending was anticipated at a seasonally adjusted annual rate of $1,568.8 billion in July 2021, up 0.3 percent (1.2 percent)* from the revised June estimate of $1,563.4 billion, according to the US Census Bureau.

Publication print inks, offset inks, solvent packaging inks, decorative laminate inks, and water-based packaging inks all use the product. These are also frequently utilized in plastic applications, namely for cosmetics, healthcare, food and beverage packaging, and other consumer products packaging.

During the review period, the plastic application segment is expected to earn significant revenue due to rising food and beverage demand as well as rising cosmetics demand.

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Europe Demand Outlook for Resin Pigments

The rise of the resin pigments market could be due to the rising demand for packaged food. Furthermore, resin manufacturers’ R&D and innovation are moving the sector forward. The market is benefiting from the increased usage of polyurethane resin in flexible packaging, which is pushing up demand for resin pigments in Europe.

Furthermore, demand for environmentally friendly resin pigments is predicted to increase in the region. Colorberry pigment pastes, for example, were produced and chosen by MRS.COLORBERRY exclusively for colouring resin.

They’re made and bottled in Germany, with their own quality control to ensure complete client pleasure. All colors in the COLORBERRY RESIN PIGMENT PASTE range have been laboratory tested and conform to ASTM-D4236. Because the pigments are mixed differently, each color has a different consistency.

Some of the leading manufacturers/suppliers include

  • Harima Chemicals Group Inc.
  • Puyang Shenghong Chemical Co.Ltd.
  • Qingdao Sanhuan Colorchem CO. LTD
  • Maeda Industrial Chemicals CO. LTD
  • NIHON KOKEN KOGYO CO. LTD.
  • CBC Co. Ltd.
  • Sargon Chem
  • OTALITE Co. Ltd.
  • Clariant
  • BASF SE and among others.

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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Resin Pigments Market Report Highlights:

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

Electric Kick Scooter Market Will Register Soaring Growth In 2021 With Global Revenue Projected To Be Up By 9.8% During 2021-2031

The introduction of advanced electric kick scooters with innovative technology and long-lasting batteries is expected to propel demand for electric kick scooters in the coming years. As per a recent report by Future Market Insights, electric kick scooter market is set to be valued at US$ 2,215.7 Mn in 2021.

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The increase in the demand for sustainable transportation options is expected to propel electric kick scooters sales. Key manufacturers are focusing on providing high quality electric kick scooters and are expected to invest in new technologies in order to stay ahead of the competition.

The rise in the number of electric kick scooter sharing services is expected to drive demand in the market in the foreseeable future. Governments are introducing regulations to encourage the adoption of electric kick scooters.

These vehicles can help reduce traffic congestion and are also considered a viable option for cost-effective commuting. Sharing and rental companies are entering into mergers and acquisitions in order to expand their reach.

The global automotive industry suffered a major slump in production and sales in 2020 due to pandemic. However, the market is slowly recovering as the manufacturing facilities have resumed production through 2021.

According to FMI’s research, the global electric kick scooter market is projected to exhibit impressive growth during the tenure of 2021 to 2031.

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Key Takeaways from Market Study

  • Lithium-ion batteries are anticipated to grow at an impressive CAGR, ranging from 11.5% to 12% driven by safety and performance benefits.
  • The global electric kick scooter market witnessed a slump in 2020 due to the COVID-19 pandemic, with a recorded decline of -2.3%.
  • Sharing and rental applications hold lucrative growth opportunities and is anticipated to create an incremental $ opportunity worth US$ 1,979.5 Mn between 2021 and 2031.
  • China will hold over 77% of the East Asia market by 2031, backed by government incentives towards green transport, and a wide consumer base.
  • Germany followed by France are dominant in the Europe market, with US$ 94.8 and US$ 82.4 Mn valuation respectively in 2021, owing to widespread implementation of sharing programs.

“Investments in research for green transport options, coupled with the increase in the number of electric kick scooter sharing companies across the globe, is expected to drive the growth through the assessment period ending in 2031,” says a Future Market Insights analyst.

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Competitive Landscape

The market is largely fragmented, with key players only accounting for a little more than one-fourth of the overall market share. These players are likely to invest in new technology developments and expansion of their distribution networks to consolidate their interests.

Some of the key players in this industry are Micro Mobility Systems AG, YADEA Technology Group Co., Ltd., Golabs Inc. (GOTRAX), Bird Rides Inc., Razor LLC, Segway Inc., iconBIT Limited, GOVECS AG, Unagi Inc., Xootr LLC, Fuzion Scooter, Globber Scooters, Xiaomi Corporation, AKTIVO Scooter, Zhejiang Okai Vehicles Co.,Ltd., SWAGTRON, Besrey Co. Limited, Spin, VOI Technology & Niu International.

Nose Reconstruction Market Demand, Scope and Future Estimation until 2031

Future Market Insights, in its latest business report, elaborates on the current situation of the global Nose Reconstruction market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Nose Reconstruction market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Nose Reconstruction market?
  2. What are the drivers and challenges affecting the Nose Reconstruction market demand?
  3. What are the recent technological advancement in the Nose Reconstruction market?
  4. What are key trends and opportunities that will prevail the revenue growth of Nose Reconstruction market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Nose Reconstruction market?

Nose Reconstruction Market: Segmentation

Based on Type:

  • Open Rhinoplasty
  • Closed Rhinoplasty
  • Tiplasty

By Treatment Type:

  • Augmentation
  • Reduction
  • Revision
  • Reconstruction
  • Post traumatic
  • Filler

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

Report Highlights:

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

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Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Nose Reconstruction market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About 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.