Market Research Blog – Page 15968 – New Product Development

Vaccine Shippers Market 2021 | Scope of Current and Future Industry 2031

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Vaccine Shippers Market over the Assessment Period 2021-2031

A detailed study on Vaccine Shippers market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Vaccine Shippers market is expected to grow at a healthy CAGR during the forecast period (2021-2031). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Vaccine Shippers in the coming 10-years.

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The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Vaccine Shippers

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Vaccine Shippers market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Vaccine Shippers Market Takeaways and Projections

The U.S. is expected to lead the North America Vaccine Shippers market, projecting the fastest growth in the region between 2021 and 2031
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

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Report Benefits & Key Questions Answered

Vaccine Shippers Historical Market Analysis: The detailed survey by FMI, examines key factors in the Vaccine Shippers market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Vaccine Shippers market for the forecast period 2021-2031.
Vaccine Shippers Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
Vaccine Shippers Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Vaccine Shippers for the assessment period. As per the study, the demand for Vaccine Shippers will grow at a robust CAGR between 2021 and 2031.
Vaccine Shippers Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Vaccine Shippers market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
Vaccine Shippers Market Trend Analysis: The latest study by FMI on the Vaccine Shippers market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Vaccine Shippers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global Vaccine Shippers market. Some of the prominent market players are

Few Key players in the Vaccine Shipper market

Softbox Systems
Envirotainer
Intelsius
Amerisource Bergen
Marken
Kuehne+Nagel
Pelican Biothermal
DHL International gmbh
Geodis
Sonoco Thermosafe
Cold chain Technologies
Sofrigam
Tempak

Key segments of vaccine shippers

Based on Product:

Parcel shippers
Pallet Shippers

Based on Temperature:

< -2°C
-2 to -8°C
15-25°C
> 25°C

Based on Usage:

Single-use Vaccine shippers
Reusable vaccine shippers

Based on Duration:

Up to 96 hours
Up to 120 hours
Up to 400 Hours

Based on Region:

North America
APAC
Europe
MEA
Latin America

Based on End-users:

Pharmaceutical companies
Research and development organizations

About Future Market Insights (FMI)

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

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Pharmaceutical Tubes Market Healthy Pace throughout the Forecast during 2021 – 2031

Pharmaceutical Tubes Market Overview

According to the latest report on pharmaceutical tubes market shows that globally the demand for pharmaceutical tubes is anticipated to grow at a CAGR of 7% till the year 2031.

Along with that sales of pharmaceutical tubes is expected to reach millions of units over the forecasted period, due to rise in demand of ointments and creams for skin and oral diseases.

Pharmaceutical Tubes Market: Market Outlook

Pharmaceutical Tube is a hollow cylindrical container used as a packaging solution for ointment, creams and many other pharmaceutical products such as dental care toothpaste and skin repair creams. The tubes are having a wide range of pharmaceutical applications, as they offer a cost-effective, safe and tamper-proof packaging solution to pharmaceutical companies.

In recent years many companies have shifted from traditional packaging to tube packaging due to its space-saving design and easy to use features. The overall market for these tubes has witnessed sharp growth in the last decade and is expected to register exponential growth over the forecasted period.

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Which Factors Are Driving Growth of The Pharmaceutical Tubes Market?

The tubes made up from materials like Aluminum, Plastic and mixed laminates of Plastic and Aluminum are durable and the availability of tubes in all sizes makes it a primary choice for small as well as giant market players of the pharmaceutical industry.

Rising awareness about the skin and oral diseases among the increasingly educated consumer bases in all parts of the world, along with additional shelf life offered by these tubes. All these factors are major driving forces of the pharmaceutical tube market in the upcoming decade.

What Limits The Growth of Pharmaceutical Tubes Market?

The waste generated by pharmaceutical tubes is not 100% recyclable, further, the chemical coating used on the outer protection of the tube has negative emissions on the environment.

Also, the stringent rules and regulations restricting usage of pollutant materials in the countries like the USA, Germany regarding usage of raw material used for producing the packaging for pharmaceutical products. Above mentioned factors could hamper the expected growth rate of the pharmaceutical tubes market.

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Which Lucrative Opportunities Are Offered By Pharmaceutical Tubes Market?

The innovation-driven packaging industry has come up with bio-degradable materials as a result of continuous research & development. Recyclability of the same raw materials like Aluminum and Plastics is enhanced by mixing strength and reducing its carbon impact, the pharmaceutical tubes made up of eco-friendly raw materials offer massive opportunities to the manufacturers.

Also, technological advancements in the field of production and logistical chains have enabled top manufacturers to multiply their production capacity and take full advantage of these opportunities by developed as well as untapped markets.

Key Market Players in Asia-Pacific Region of Pharmaceutical Tubes Market:

EPL LIMITED
Neelam Global Pvt. Ltd.
BRK Packwell Private Limited
Almin Extrusion
Antilla Propack
Prutha Packaging Pvt. Ltd.

Why Are India and China Major Markets For Global Pharmaceutical Tubes Market?

The rapid development of industrial infrastructure in fast-paced economies like India and China, along with the easy availability of raw materials like plastics and Aluminum for the production of pharmaceutical tubes makes them major growth regions.

The entry of global giants in the region along with newer entrants contributes to the overall growth of the global pharmaceutical tubes market.

What Makes France an Important Market for Global Pharmaceutical Tubes Market?

France having a developed pharmaceutical sector coming up with innovative products and solutions from time to time, makes it a primary consumer of pharmaceutical tubes as a packaging solution. Usage of bio-degradable materials by manufacturers in the country having an environmentally concerned consumer base offers immense growth opportunities for the global pharmaceutical tubes market in the country.

Which Factors Make the U.S Impactful Country For Global Pharmaceutical Tubes Market?

The rising awareness regarding the skin and oral diseases in the country, along with the high demand for easy to use packaging even for the pharmaceutical offerings makes the U.S. an important market for pharmaceutical tubes. The presence of global manufacturers of pharmaceutical tubes in the country makes the U.S. a developed market set to grow shortly.

What Was The Impact of Covid-19 On Pharmaceutical Tubes Market?

The outbreak of the deadly Covid-19 virus, forced all the major regions of the world to impose complete lockdown. During the lockdown only production of pharmaceutical drugs & medicines was allowed, the pharmaceutical tubes market did not get affected by lockdown as production and consumption was smooth without any discrepancy. After the pandemic ends the pharmaceutical tubes market is expected to register exponential growth during the forecasted period.

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Global Pharmaceutical Tubes Market Segmentation:-

Segmentation based on Material type:-

Aluminum
Plastic
- Polypropylene
- Polyethylene
Others

Segmentation based on the Application:

Gels
Creams
Ointments

Segmentation based on Region:-

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa

Polyethylene films market is expected to witness significant growth owing to the growing demand in the packaging industry

Polyethylene Films Market Overview

Polyethylene is a lightweight, water-resistant and durable polymer which is made by polymerization of ethylene. Polyethylene films are the most widely accepted films across the world having a wide range of applications extending from shopping bags to packaging industry. Polyethylene films have the high strength to weight ratio that makes it a better choice as compared to other types of packaging films. Furthermore, the light weight of polyethylene films helps in providing lesser overall weight.

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The ability and compatibility of polyethylene films with other barrier layers make it suitable for the challenging requirements of the market. Thus, promises the positive growth of the polyethylene films market during the forecast period 2018 – 2028. Polyethylene films protects the packaged product from the moisture, oxygen, dust, and microorganisms. Colored polyethylene films also help in preserving the packaged product from sunlight. In addition, the information on polyethylene films can easily be printed which makes it convenient for the customers and the producers. Polyethylene films also help with several benefits which can make the product look attractive by using different colors, patterns, and designs.

Polyethylene Films Market: Dynamics

Polyethylene films market is expected to witness significant growth owing to the growing demand in the packaging industry. Increase in per capita income across the globe is escalating the demand for packaged food & beverages, which in turn is expected to boost the market for polyethylene films. Polyethylene films provide protection against microorganisms which keeps the food hygienic.

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The innovation in flexible films industry to meet the ever -increasing market demand for innovative and lightweight packaging will contribute to the growth of the polyethylene films market. Polyethylene films thick sheets in place of glass and metals are providing the same strength in the cheaper rate. The advancement of the recycling and biodegradable sector will add to the growth of polyethylene films market. Polyethylene films are cheap, versatile; and flexible which gives it a competitive edge in the packaging industry.

Furthermore, the increase in the usage of polyethylene films for greenhouse in agriculture are escalating the demand for polyethylene films across the globe. In addition, polyethylene films also prevents moisture in the construction which is expected to lead the market for polyethylene films.

Polyethylene Films Market: Regional outlook

Geographically the global polyethylene films market has been divided into seven key regions as:

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

The Asia Pacific market is expected to dominate the growth of the global polyethylene films market due to increase in food and beverages packaging industry in this region. The Europe and North America polyethylene films market is expected to witness a slow growth rate as compared to other region. The Asia – Pacific region represents lucrative opportunities for the growth of the global polyethylene films market during the forecast period.

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Polyethylene Films Market: Key players

Some of the key players operating in the global polyethylene films market are –

AEP Industries
Amcor Limited
I. du Pont de Nemours
Fluoro-Plastics Inc.
Raven Industries Inc.
Now Plastics, Inc.
Hosokawa Alpine Aktiengesellschaft
Akron Porcelain & Plastics Co
Senoplast Klepsch & Co. GmbH
Dowco Inc.
Innovia Films Limited
Primex Plastics corp.
Jindal Poly Films Limited

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Polyethylene Films Market: Segmentation

Globally, the polyethylene films market has been segmented on the basis of material type, on the basis of thickness on the basis of packaging type and on the basis of end use industry which are as follows –

On the basis of material type, the global Polyethylene films market is segmented as –

Low Density Polyethylene Films (LDPE)
Linear Low Density Polyethylene Films (LLDPE)
Medium Density Polyethylene Films (MDPE)
High Density Polyethylene Films (HDPE)
Bio Polyethylene Films

On the basis of thickness, the global Polyethylene films market is segmented as –

Less than 50 micron
50- 100 micron
100-200 micron
200 micron and above

On the basis of packaging type, the global Polyethylene films market is segmented as –

Bags
Bottles
Containers
Pouches
Tubes

On the basis of end use industry, the global Polyethylene films market is segmented as –

Food & Beverages
Personal Care & Cosmetics
House Care
Building and Construction
Agriculture
Electrical & Electronics

Increasing Demand for Innovative Packaging Process in the Pharmaceutical Sector is Driving the Deblistering Machine Market Growth

The automation of existing machinery and demand for application-oriented deblistering machines are fueling the demand for both automatic and semi-automatic machines in the market.

Increasing manufacturing output from the global pharmaceutical industry has created a strong need for deblistering machines and packaging solutions. Several manufacturers are preferring automated deblistering machines for faster processing and to reduce unnecessary labor costs, as per ESOMAR-certified consulting firm FMI.

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Growing emphasis on research and development in the pharmaceutical industry is anticipated to propel the demand for efficient deblistering machines. The availability of automatic and semi-automatic deblistering machines allows customization as per the end users’ requirements, generating demand in the market.

The unprecedented COVID-19 pandemic has provided opportunities to the market players operating in the deblistering machine market, due to the rapid expansion of the pharmaceutical industry and the need for drugs and treatments for containing the virus, find FMI in this study.

Currently, North America is showcasing significant demand for deblistering machines, owing to the presence of some of the key market players and a high preference for technological automation in the pharmaceutical sector. Increasing research and development, coupled with product maximization is creating demand for deblistering machines in the region.

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“Rising demand for technologically enhanced deblistering machines, owing to increased manufacturing output in the pharmaceutical sector, coupled with increasing investment in research and development, is fueling the growth of the market,” remarks the FMI analyst.

Key Takeaways:

Automatic deblistering machines are dominating the market, expanding at a CAGR of approximately 5%.
Manual and semi-automatic variants are attracting manufacturers’ attention due to relatively lower purchase costs.
As per FMI’s analysis, 40 to 80 BPM is a highly preferred segment in the deblistering machines market.
North America is dominating the deblistering machines market owing to the increasing demand for advanced pharmaceutical product packaging.
Rising production in the Indian pharmaceutical sector are creating demand in the market.
Manufacturers in the China market are capitalizing on high production supported by low investments and production costs.
In the German pharmaceutical sector, robust investments in drug development are providing lucrative opportunities for several market players.

Prominent Drivers:

Increasing manufacturing output by the pharmaceutical industry will drive the deblistering machines market growth.
Customization as per the end-user’s requirement in automatic and semi-automatic deblistering machines will propel the demand in the market.
Inclination of manufacturers towards automated deblistering systems to facilitate the overall deblistering process is fueling the market growth.

Key Restraints:

Manufacturing defaults and quality concerns will have a negative impact on sales in the market.
High custom duties and taxes imposed on importing deblistering machines in various regions will hinder the market growth.
Inability to afford high-cost machinery by small manufacturers will negatively affect the growth of the market.

Discover more about the deblistering machine market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/checkout/6645

Competitive Landscape

Prominent players operating in the global diblistering machines market are focusing on the current need from the pharmaceutical sector and are trying to maintain a competitive edge in the market by offering next-gen automated deblistering machines. For instance:

Stripfoil Debelistering Technology is offering its fully automated deblistering machine with an operating speed of 80 to 140 blisters per minute. These machines are capable of deblistering almost all types of blister formats.
SEPHA has launched a new range of deblistering machines with features including automatic feed and an improved user interface with fault indicators, easy tooling changeover, and variable speed up to 60 blisters per minute.

Some Leading Players Profiled by FMI in the Deblistering Machine Market include:

Omnicell, Inc
Uhlmann Pac-Systeme GmbH & Co. KG
ACG Worldwide Private Limited
RBP Bauer GmbH
Sepha Limited
Stripfoil Deblistering Technology
Jornen Machinery Co., Ltd
O.M.A.R. S.r.l
SaintyCo International Group
Elmach Packages India Pvt. Ltd

More Insights on FMI’s Deblistering Machines Market

The latest market study on the global deblistering machines market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Automation

Automatic
Semi-Automatic
Manual

Operating Speed

Up to 40 BPM
40 to 80 BPM
Above 80 BPM

End Use

Pharmaceutical Manufacturers
Pharmacies
Hospitals & Clinical Laboratories
Medical Waste Recycler

Innovations Drive Pharmaceutical Plastic Bottle Sales Over 10% CAGR: FMI Report

The pharmaceutical packaging market is registering an increasing demand for anti-counterfeiting solutions and child protective packaging. In the pharmaceutical industry, counterfeiting has emerged as a major concern for manufacturers and consumers.

Given this, anti-counterfeiting technologies such as barcodes, labels and tags are attracting attention among manufacturers. According to a recent report by Future Market Insights (FMI), driven by technological advancements, pharmaceutical plastic bottle sales will grow at a CAGR of 10.3% between 2021 and 2031. The market is expected to reach a value of over $79 billion in 2031.

The increasing number of cases of child poisoning due to accidental ingestion of pharmaceuticals has helped introduce child-resistant packaging solutions. These products are typically available in two-piece push-and-turn technology for bottle closures.

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Currently, most promising drugs are available in children’s packaging, which has a major impact on sales of pharmaceutical plastic bottles. There is a constant need for innovation among industry players to sustain itself in an extremely competitive market.

For example, the introduction of RFID to replace traditional barcodes aims to increase the convenience of tracking and tracking products. QR codes are the newest addition to the pharmaceutical bottle industry, where they are used for multiple purposes, such as displaying detailed product information, tracking products through the supply chain, or as a means of maintaining logs in pharmacies.

Innovations that increase the utilization of recycled materials are also accelerating in the market. These innovations and technological advances are contributing to progress.

For example, in January 2020, Gerresheimer AG announced that it would provide customized rigid plastic packaging solutions, including pharmaceutical plastic bottles made from BIO-PET and R-PET .

Key highlights of the Pharmaceutical Plastic Bottles Market study:

Demand for plastic bottles for ophthalmic/nasal formulations will increase to 12.7% during 2021-2031, driven by increased application of corticosteroid drugs.
Polyethylene terephthalate (PET) is expected to account for a dominant share of 30.8% in 2031 as a result of regulations and restrictions on the use of plastics.
Bottles with a capacity of less than 100ml are projected to increase the opportunity to $28.1 billion over the next five years.
The US will account for more than 82% of the North American market in 2021. However, the country is likely to lose its share of value to active Canadian industries by the end of 2031.
China and India will remain lucrative markets due to their large patient populations and investments from the local pharmaceutical industry.

“Pharmaceutical plastic bottles are a relatively economical, lightweight and convenient packaging solution compared to pharmaceutical glass bottles. These products are gaining popularity among manufacturers and consumers. Consumers often choose plastic bottles to avoid the risk of breakage. These factors are expected to drive demand through 2031,” said an FMI analyst.

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Impact of COVID-19 on Pharmaceutical Plastic Bottle Market

The ongoing COVID-19 pandemic has had a negative impact on the packaging industry. Any losses incurred may be due to logistical restrictions and worldwide imposed closures.

Production output has declined due to reduced production capacity and delayed supplies of raw materials. Manufacturers in the pharmaceutical plastic bottle industry have struggled to meet the sudden increasing demand in the market.

With continued easing and unlocking of transport restrictions, the market is expected to grow steadily through 2021 and beyond.

Who is the winner?

Tier 3 players in the pharmaceutical plastic bottle market account for 75-85% of the overall value share. The major players contribute 15-25% of the global market. Strategies related to capacity expansion and investment in product development will gain attention from the industry.

Berry Global Inc. , Amcor Plc, ALPLA Werke Alwin Lehner GmbH & Co KG is a leading player operating in the pharmaceutical plastic bottle market. Additionally, AptarGroup, Inc., O. Berk Company, LLC, Alpha Packaging Holdings, Inc., Comar, LLC are some of the notable players in the pharmaceutical plastic bottle market.

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Protective Packaging Market Size, Share, Growth Trends, and Forecast Analysis to 2031

Driven by increasing emphasis on optimizing supply-chain management, the protective packaging market size is expected to reach US$ 26.55 Bn in 2021, as per latest insights by Future Market Insights (FMI). The protective packaging demand outlook remains positive with the market forecast to rise at a CAGR of 4.8% from 2021 – 2031.

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The rising emphasis of manufacturers on safe and secure transportation of fragile and non-fragile products to reduce unnecessary maintenance and shipping costs is propelling the sales of protective packaging solutions in the market.

Sealed Air Corporation, Smurfit Kappa Group, DS Smith Plc, WestRock Company, Sonoco Products Company are the top players operating in the protective packaging market. Furthermore, Greif, International Paper Company, Cascades Inc, Schur Flexibles Holding GesmbH, Winpack Ltd, Crown Holdings Inc are also the noticeable players in the protective packaging market.

Additional benefits of protective packaging such as moisture and air barrier properties with high-level customization are driving market growth. FMI predicts that future demand and sales of protective packaging solutions will witness an upwards trajectory. Pivotal factors such rising output from the manufacturing sector coupled with swift penetration of transport and logistics worldwide is accelerating the growth of the protective packaging market substantially.

The COVID-19 pandemic and its global impact has adversely affected the global protective packaging market. Stringent and complete lockdowns in American, European and Asian countries resulted in a decline in the supply and sales of protective packaging solutions.

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Fluctuation in demand from various end use industries has created negative impact on the demand of protective packaging solutions. The demand for protective packaging solutions will be sluggish for the next two quarters of 2021 as various countries across the globe are witnessing a new wave of the COVID-19 pandemic. Nevertheless, demand for protective packaging solutions will gain traction in the later part of 2021 as industries recover rapidly with adequate precautionary measures.

“Recent developments aimed at encouraging faster conveyance of heavy and light duty goods with precise and safe packaging solutions is fuelling the popularity of protective packaging offerings among end users. Evolving preferences of industry players as they exhibit higher focus on sustainability and paper-based corrugated packaging solutions are anticipated to create new growth avenues for protective packaging manufacturers,” says the FMI analyst.

Key Takeaways from Protective Packaging Market

Flexible protective packaging is leading the market and is projected to hold more than 65% of the value share during the next decade, supported by improved flexibility in logistics.

Plastic is a widely used material for producing a wide range of protective packaging solutions. It is projected to witness incremental opportunity of US$ 7.9 Bn during the forecast period.

The U.S. is a dominant market, accounting for more than 88% of the North America market. It is driven by strict packaging standards and regulations in multiple industries.

Germany will remain a dominant market in Europe, accounting for over 22% of the regional market share, supported by the presence of an active manufacturing sector.

China and India are high potential markets reflecting a 7.5% and 9% CAGR through 2031 respectively. These markets are supported by wide consumer bases and manufacturing sectors.

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Protective Packaging Solutions Prevent Damage to Fragile Cargo

Handle with care warnings are displayed on fragile cargo as there is little margin for mistakes and mishandling. Fragile goods and items are oddly sized and fragile in nature, requiring a customized packaging solution to ensure safe and secure transportation.

Shipping and cargo industries employ protective packaging solutions for bracing of cargo, damage prevention, and securing products during transit. Protective air pillows, dunnage bags, shipping containers, mailers and more are designed to reduce the impact of jerky movements and to preserve the integrity of industrial goods including delicate items.

Renewable Methanol Market Brief Forecast and Analysis by Top Key Players to 2026

Future Market Insights delivers key insights on the global renewable methanol market in its latest report titled “Renewable Methanol Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. According to the report, global sales of renewable methanol is estimated to be valued at US$ 133.3 Mn by the end of 2016, witnessing a Y-o-Y growth of 5.2% over 2015.

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Renewable methanol is a second generation biofuel and is derived from renewable sources such as biomass, industrial waste, municipal waste, and industrial CO₂. Renewable methanol is used as a transportation fuel after blending it with other chemicals. The main reason for the rise in demand for renewable methanol as a fuel is the implementation of regulations especially in Europe and North America that over 10% of the transport fuel should come from renewable sources by the end of 2020. Renewable methanol that is produced through the gasification process and using biomass is used as a liquid motor fuel as it has a high hydrogen to carbon ratio due to its high octane rating. Moreover, the use of renewable methanol is expected to reduce greenhouse gas emissions by over 15%-20% as compared to other fuels. Another major advantage of renewable methanol is that when produced using industrial waste and municipal waste, it reduces the waste content and converts it to usable energy.

Environmental pollution from CO₂ emissions and import of crude oil for fuel has resulted in the adoption of renewable energy sources. Thus, reduction of agricultural waste and conversion of municipal solid waste into syngas and further into renewable methanol can offer lucrative growth opportunities for key players operating in the global renewable methanol market.

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Segmentation highlights

On the basis of primary source, the global renewable methanol market can be segmented into biomass, industrial waste, municipal waste, and others; and on the basis of end-use application into formaldehyde, MTBE, gasoline, dimethyl ether, solvents, and others.

The biomass primary source segment is expected to hold significant share in the global renewable methanol market and is estimated to register the highest CAGR of 7.0% in terms of value over the forecast period. The segment is expected to create incremental opportunity of US$ 53.7 Mn during 2016–2026
The MTBE end-use application segment is anticipated to register the highest CAGR of 8.1% in terms of value between 2016 and 2026. This segment is expected to gain traction over the forecast period due to increasing demand for fuel blends from the automotive industry

Regional market projections

The global renewable methanol market is segmented on the basis of region into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. APEJ is expected to register the highest CAGR in terms of value over the forecast period. Australia and China are highly focussed on using renewable methanol as a fuel blend. The Philippines and Myanmar have also passed various policies mandating the use of fuel blended with renewable methanol by the end of 2020. North America is estimated to account for 26.1% value share of the global renewable methanol market by the end of 2016 and is projected to dominate the global market throughout the forecast period.

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Vendor insights

The report features some of the top companies operating in the global renewable methanol market. Leading market players profiled in the report are BioMCN, Methanex Corporation, Enerkem, Chemrec Inc., Carbon Recycling International, and VarmlandsMetanol. These players have adopted the strategy of signing long-term supply agreements with feedstock suppliers and end-use customers to maintain continuous supply of renewable methanol. Moreover, these companies are also focussing on the transport sector as this sector is expected to offer lucrative opportunities over the forecast period.

Decorative Paints Market Will Generate New Growth Opportunities in Upcoming Year

The global decorative paints market is estimated to expand at a steady rate of 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Urbanization registered across developing economies will remain a chief driver of decorative paints sales.

The paints industry is gradually shifting away from traditional whitewash paints. The underlying focus on consumer centricity has been encouraging paints manufacturers to explore better quality alternatives. Consequently, the demand for low VOC and water based paints is on the rise.

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The COVID-19 pandemic has impacted the global economy at various levels and the impact has also been seen on paints and coatings industry. The decorative paints market growth is projected was negatively affected during the pandemic crisis, resulting in significant drop in demand during 2020 – 2021.

Nonetheless, recovery of construction activities and gradually surging demand in the real estate will create a conducive environment for the expansion of the decorative paints market.

As per FMI, the East Asia market is expected to remain a key manufacturer as well as consumer of decorative paints owing to significant growth in the construction sector, especially in China. Backed by the aforementioned factors, the global decorative paints market is projected to top US$ 87.8 Bn by 2031.

“Local and foreign investments in the emerging economies of Asia for catering to construction demand have been increasing. This is in turn fuelling the demand for decorative paints. Consumption of decorative paints especially for interior applications will continue increasing as focus on improving interior décor grows across the globe,” says an FMI analyst.

Key Takeaways:

Water based decorative paints will replace the solvent based paints due to their comparatively better performance characteristics over the latter. The segment is expected to witness a growth 4.4% CAGR over the coming decade.
Interior application of decorative paints is projected to account for more than 75% of the market share in 2021 in Europe.
By formulations, emulsion segment is estimated to witness a year-on year growth of 3.7% in 2021.
Sales of decorative paints in the U.S. are estimated to grow by a CAGR of 4.3% during the assessment period.
India is expected to emerge as an attractive decorative paints market, with sales expected to grow by 5.2% CAGR over the coming decade.
China is expected to account for about 70% of the East Asia decorative paints market share in 2021.
Japan and South Korea to collectively account for about 8.8% of the total decorative paints industry share by 2021 end.

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Competitive Landscape

Key participants in the global decorative paints market elaborated in the report includes Azko Nobel, Sherwin Williams Company, Asian Paints Ltd., Nippon Paints, Valspar Corporation, Jotun, BASF-SE, RPM International Inc., KANSAI Paints Co., Ltd. and Berger Paints.

The decorative paints industry is oligopolistic with a few big players constituting a larger portion of the sales. It also have higher barriers to entry in distribution networks and brand equity. Key players are focusing on mergers and acquisitions strategies to boost their market presence.

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Some of them are even focusing on product development by investing a considerably in research and development. Others are focusing on increasing the production capacity to improve their annual turnover. For instance:

Eastman Chemical plans to invest for a significantly increase in its capacity to produce tertiary Decorative Paints (DIMLA) at its facility in Ghent, Belgium, by the end of 2021.

Acetone Market Future Trends, Industry Size and Forecast to 2031

A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between 2021 and 2031. Rising application in solvents will continue creating growth opportunities across various industries.

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Acetone market is segmented by grade as high purity grade (≥ 99.5%) and low purity grade (< 99.5%). Among these, low purity grade accounts for the dominant share. Low purity grade acetone is used in the production of agricultural chemicals, paints & coatings, adhesives, rubber processing, plastics & polymers and others while high purity grade acetone is preferred for pharmaceuticals and cosmetics & personal care products. The global Acetone market is estimated to reach a total market value of US$ 10,248.6 Mn by the end of 2031, growing at a rate of 4.9% during the forecast period.

The ongoing COVID-19 pandemic has impacted the global economy to a considerable extent causing severe loss to the industrial as well as to the commercial sector. This trend is observed to be true for the Acetone market growth, which is estimated to slightly dip down in the year 2020 and further is projected to get the desirable growth from first half of 2021.

Key Takeaways of Acetone Market Study

Rising at 4.9% CAGR, acetone market will continue registering positive growth between 2021 and 2031
Expansion of chemicals sector supporting growth in the U.S. market, which accounts for over 84% share in North America
Recovering industrial applications will enable the U.K. market to register 1 y-o-y growth in 2021
Germany and France too will showcase positive growth rate as acetone markets within Europe
China is projected to hold a relatively larger share in East Asia owing to rising demand for coatings in the manufacturing sector

“Acetone manufacturers mostly have integrated plants with phenol and currently the market is oversupplied; however, increasing demand from various industries is anticipated to offset the surplus production during the forecast period” Said by a FMI analyst.

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Solvent application accounts for the maximum share of acetone consumption followed by MMA and BPA. Increasing demand for solvents from industries such as paints & coatings adhesives, agricultural chemicals, pharmaceuticals and others is anticipated to drive the demand for acetone in upcoming future. According to the study, it will account for over 35% of sales in the market in 2021, with projections indicating steady increasing over the forecast period.

In terms of end user industries, chemicals segment dominate the global acetone market and same trend is followed by all regions except South Asia & Pacific, where pharmaceuticals dominate the global market. Furthermore, increasing demand for plastics from end user industries such as automotive and constructions is further anticipated to bolster the demand for acetone in upcoming future. Increasing demand for light weight vehicles is anticipated to increase the consumption of plastic per capita and thereby push the demand for acetone during the forecast period.

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Who is Winning?

The global Acetone market can be considered as fairly fragmented, large number of players account for a small share of the total Acetone market. In order to survive in the market, manufacturers are focusing on long-term contracts with raw material suppliers and end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Ineos Phenol, Altivia Chemicals, Royal Dutch Shell PLC, Sasol Ltd, The Dow Chemical Company, Domo Chemicals GmbH, Formosa Chemical and Fibre Corporation, Cepsa Quimica, SABIC, Honeywell Research Chemicals and Spectrum Chemical Mfg. Corp. amongst others are focusing on increasing their share in global market by entering into strategic acquisitions and collaboration with other market participants. Most of the acetone manufacturers have integrated plants with phenol.

Apple Seed Oil Market Latest Research Highlighting Current and Future Trends to 2029

Latest Research Study Published by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Riveting Insights into Factors Accelerating the Growth of the Global Apple Seed Oil Market over the Assessment Period 2019-2029

Future Market Insight’s (FMI’s) latest study published on the Apple Seed Oil market provide insights into key factors uplifting the sales over the next ten years. It discloses key growth prospects across various segments. The report also highlights a list of prominent companies involved in the Apple Seed Oil market, along with their key strategies.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Apple Seed Oil market size is expected to register swift growth during the forecast year 2019-2029. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Apple Seed Oil market.

The study offers a detailed analysis of market dynamics including drivers, restraints, opportunities, and challenges, and also highlights their impact on the market in more than 20 countries across 7 regions. The report provides vital insights into the market and assists key players to identify potential segments.

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Emergence of Grab-and-Go Trend to Open New Growth Avenues for the Apple Seed Oil Market

Growing grab-and-go trend is making deeper inroads across the food and beverages industry, owing to the increasing busy lifestyle of the population worldwide. In addition, increasing single living and growing number of working women across the U.S., Japan, Germany, China, and India are creating tailwinds for the trend, which is in turn, propelling the demand for Apple Seed Oil.

Citing this trend, numerous industry players are emphasizing on providing portable dining options to the customers by offering premade and packaged ready-to-eat foods, snacks, and beverages as an alternative to conventional dining.

They are also focusing on providing easy-to-carry and attractive packaging solutions for ready-to-eat foods to enhance convenience. This is expected to create lucrative opportunities for the growth in the Apple Seed Oil market.

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Key Apple Seed Oil Market Takeaways and Projections

The U.S. is estimated account for the maximum share in North America market through 2029, owing to the increasing working population in the country.
Germany Apple Seed Oil market is projected to register rapid growth, accounting for a significant share in Europe between 2019 and 2029.
China is forecast to dominate the East Asia market, projecting the fastest growth in the region for the assessment period.
India is expected to emerge as a highly attractive market in South Asia, accounting for the largest sales during the coming decade.
Based on segment anticipated to contribute maximum sales in the market, expanding at a robust CAGR over the forecast period.

Report Benefits & Key Questions Answered

Apple Seed Oil market Consumption by Demographics: The market intelligence study provides insights into the change in consumer behavior and purchasing patterns of the customers. It also highlights the impact of these changes on the sales of Apple Seed Oil across local, country, and regional markets. It uncovers key factors increasing the consumption of Apple Seed Oil through 2029.
Apple Seed Oil market Historical Analysis: FMI’s recent study analyzes key market dynamics and their impact on the Apple Seed Oil market across 7 regions for the last forecast year from 2016 to 2020. It tracks the forthcomings and shortcomings of the market over the past half-decade and forecasts the scope of the Apple Seed Oil market for the assessment period 2019-2029.
Apple Seed Oil market Competitive Analysis: The report conducts a detailed assessment of the competitive landscape and highlights a list of prominent companies operating the global Apple Seed Oil market. It also uncovers the level of competitiveness in the market and provides insights into key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 companies.
Apple Seed Oil market Manufacturing Trend Study: The latest study on the Apple Seed Oil market offers detailed insights into vital trends creating growth prospects for the food & beverage industry players. It also uncovers key strategies adopted by leading manufactures to capitalize on the existing opportunities.

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Competitive Landscape Analysis

Future Market Insight’s latest study provides in-depth insights into the global Apple Seed Oil market to assist management level decision-makers in construct a strategy to capitalize on the upcoming trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Apple Seed Oil market.

Some of the prominent market players are profiled by FMI are The Kerfoot Group, O&3 Ltd., Ramona Cosmaceuticals Pvt Ltd, Indrayan Seed Oil, MORRE-TEC Industries, Inc., Croda International Plc., Au Natural Organics.

Apple Seed Oil Market: Demand Analysis by Segmentation

On the basis of nature, the global apple seed oil market is segmented as-

Organic
Conventional

On the basis of extraction process, the global apple seed oil market is segmented as-

Solvent extraction
Cold pressed

On the basis of end use, the global apple seed oil market is segmented as-

Personal Care & Cosmetics
Skin Care
Hair Care
Cosmeceuticals
Home Care Products
Household/Retail

On the basis of packaging, the global apple seed oil market is segmented as-

Retail
Plastic Bottles
Glass Bottles
Bulk

On the basis of distribution channel, the global apple seed oil market is segmented as-

Direct/B2B
Indirect/B2C
Supermarkets/Hypermarkets
Specialty Stores
Modern Grocery Retail Stores
e-Retail

Region

North America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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About Future Market Insights (FMI)

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