Market Research Blog

The New Zealand sports tourism market size is projected to reach a valuation of US$ 4,585 Million in 2022. Sales are projected to increase at an 8% CAGR, with a historic CAGR of 7.7% from 2017 to 2021.

Governments recognize the demand for New Zealand sports tourism not just as a source of revenue, but also as a tool for promoting communal cohesion.

Further, the New Zealand sports tourism market is following various promotional activities such as direct marketing, sales, and discounts, offering free giveaways, hosting an event, and many other activities to promote their services in order to increase value for customers and increase sales leading to New Zealand sports tourism market growth.

As the majority of potential customers are millennial who spend the majority of their time on the internet using search and social media, having an online presence will certainly increase the business’s value boosting the New Zealand sports tourism market key trends and opportunities.

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Offering contactless payment methods may be perceived as a need rather than a luxury by many customers and staff who loathe dealing with cash influencing the New Zealand sports tourism market future trends. As a result of the Covid outbreak, many people in the New Zealand sports tourism market have started to employ contact payment systems.

Key Takeaways:

• In terms of tour type of New Zealand sports tourism market, the package travellers are estimated to account for the relatively highest New Zealand sports tourism market
• By booking channel, the online booking segment is anticipated to hold a major New Zealand sports tourism market
• The travellers prefer online booking rather than opting for personal booking as online booking is feasible and even the tour operators give discounts on booking online affecting the New Zealand sports tourism market opportunities.
• In terms of age group, demand in the 26-35 segments will continue gaining traction through 2032 positively impacting the New Zealand sports tourism market trends.
• Based on tourist type of New Zealand sports tourism market, the domestic tourist segment will remain high over the forecast period.

 “A drive from consumers for more genuine experiences, such as the experiencing the sports events in a realistic way, especially among the sports enthusiasts after the COVID period is expected to rise in forecast period” – Says an FMI analyst.

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Impact of COVID-19 on the Market

The impact of COVID-19 on all the sectors of the New Zealand tourism industry, including New Zealand sports tourism market, has been dramatic. Many of the local, national and international games have been cancelled or have been taking place in various social restrictions like a limited number of seating.

Various other Outdoor activities and programs have also been cancelled due to travel restrictions. But, since few forms of sports tourism activities, such as outdoor recreation, are alternatives to mass tourism, they are predicted to grow in the New Zealand sports tourism market future trends.

Moreover, the closing of public places and tourism activities as a result of the pandemic resulted in the New Zealand sports tourism market complete collapse during the crisis.

However, in light of this situation, players are now focusing on promoting and revitalizing their businesses through a variety of strategies, such as the development of online platforms and the provision of high-quality tourism services, as this allows them to reach a larger consumer base at a lower cost.

Who is winning?

Leading New Zealand sports tourism market manufacturers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of sports tourism in New Zealand.

Major players present in the New Zealand sports tourism market are HAKA SPORTS TOURS, Sportsnet Holidays, Williment, All Blacks Tours, Dragonfish, Estilo Sports Travel, Exodus Travels, G Adventures, World Expeditions, Real New Zealand Tours Limited, and Intrepid Travel.

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New Zealand Sports Tourism Market by Category

By Sports Type:

• Football/ Soccer
• Cricket
• Motorsport
• Basketball
• others

By Sports Tourism Type:

• Sports Event Tourism
• Nostalgia Sports Tourism
• Active Sports Tourism
• Passive Sports Tourism

By Consumer Orientation:

• Men
• Women
• Children

By Booking Channel:

• Phone Booking
• Online Booking
• In-Person Booking

By Tourist Type:

• Domestic
• International

By Tour Type:

• Independent Traveler
• Tour Group
• Package Traveler

By Age Group:

• 15-25 Years
•  26-35 Years
• 36-45 Years
• 46-55 Years
• 66-75 Years

By Region:

• Oceania

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Emulsion can be well-defined as the process of mixing of two liquids with difference in their densities (oil-water). Polymer emulsion is done by the process of emulsion polymerization in which the emulsification of a monomer is done in the presence of water and a surfactant, especially sodium stearate. The most common monomers used in the process of emulsion polymerization are styrene, acrylonitrile, butadiene, acrylate ester and methacrylate ester.

Polymer emulsions are the specialty polymers which are used in the manufacturing of specialty chemicals such as adhesives, paints and coatings, offset inks, paper & paperboards, textiles, and construction chemicals. Polymer emulsion production process is an environmental friendly process which produces polymers with high molecular weight and very lean volatile organic compounds. Polyvinyl acetate based polymer emulsion products have a significant impact on the industries such as adhesives, paints and coatings.

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Global Polymer Emulsion Market: Drivers & Restraints

The growth in global polymer emulsion market is primarily driven by factors such as the rise in the number of industrial applications of polymer emulsion such as paints and coatings, adhesives, paper and textile. From the economical and safety point of view the polymer emulsion based paintings and coatings are flame resistant and is likely to propel the global polymer emulsion market over the forecast period.

The regulatory norms of the government for the protection of environment is another driving force which will boost the global polymer emulsion market by the end of 2025. Considering the fact that the polymer emulsion polymers comply with the regulatory norms set by the government, global polymer emulsion market is set to accelerate.  Low capital requirement for setting up manufacturing units is one of the parameter driving the global polymer emulsion market. On the other hand, increasing cost of raw material is acting as a restraint in the growth of global polymer emulsion market throughout the forecast period.

Global Polymer Emulsion Market: Region-wise Outlook

The global polymer emulsion market is geographically distributed into seven key regions which include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East & Africa. Increasing demand from the end use industries like building & construction, paints and coatings and automotive in emerging economies of Asia-Pacific regions like China, India and Indonesia will fuel the global polymer emulsion market throughout the forecast period. Among developed Western Europe countries such as Germany, painting and coating along with adhesive application had the highest consumption of polymer emulsion in 2014.

Eastern Europe region for polymer emulsion is anticipated to grow at a healthy CAGR in the next few years. In North America, the U.S. dominated the global polymer emulsion market. Rapid growth in automotive industry coupled with construction sector in the Latin American region will favour the polymer emulsion market growth by the end of 2025. Middle East & Africa is anticipated to witness a steady CAGR in the global polymer emulsion market. The upsurge in the number of industries coupled with increasing initiative in infrastructure development in this regions is likely to fuel the growth of polymer emulsion market during the forecasted period.

Global Polymer Emulsion Market: Key Players

Key players in the global polymer emulsion market include 3M, The Dow Chemical Company, BASF SE, H.B. Fuller, Scott Bader Company Ltd., Celanese Corporation and Apotex industries Ltd amongst others.

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

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Global Polymer Emulsion Market: Segmentation

On the basis of product type, the global polymer emulsion market is segmented into

• Acrylic
• Styrene Butadiene Latex
• Vinyl Acetate Polymers
• Polyurethane Dispersions
• Others (hybrid epoxy, silicon etc.)

On the basis of application, the global polymer emulsion market is segmented into

• Adhesive & Sealants
• Paints &  Coatings
• Paper & Paperboard
• Others

On the basis of end use industry, the global polymer emulsion market is segmented into

• Building & Construction
• Chemicals
• Automotive
• Textile & Coatings
• Others

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Particle Boards are engineered wood manufactured from raw materials, such as wood chips, saw dust and sawmill shavings. They are also referred to as low density fiber boards or chip boards. Raw materials are mixed with binders and are further pressed and extruded to form these boards. A variety of Particle Boards are available in the market. These boards are commonly used in building projects as a building material. They are an innovative product and are used as a substitute for plywood. Particle Boards are available in different varieties for different application purposes.

Changing lifestyle of today’s population and expanding young population are the two factors expected to have a positive impact on the furniture industry. The demand for light weight and readymade furniture is increasing, which in turn, is creating significant demand for particle boards as readymade furniture is generally manufactured using Particle Boards as they are cheaper than wooden boards. Owing to these factors, the concerned market is expected to witness healthy growth in future.

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Global Particle Board Market: Dynamics

Growing construction activities and increasing demand for low-cost furniture is expected to drive the global Particle Board market during the forecast period. Easy availability of Particle Boards compared to other materials is another factor driving the demand for these boards across the globe. Moreover, these boards offer exemplary quality, strength and durability at a low cost when compared to wooden or plywood boards.

Further, particle boards have no size limitations – they come in all sizes and dimensions and thus, bigger size furniture can be prepared using a single piece of particle board without any joint. This is the biggest advantage of Particle Boards over wooden boards.

Global Particle Board Market: Regional Outlook

The market for Particle Boards is expected to witness significant growth owing to growing adoption and consumption of these boards in furniture and construction activities. North America and Europe are expected to hold dominant share in the global market. This can be attributed to the higher consumption of wood in these regions. Moreover, growing construction activities in these regions is expected to create healthy demand for Particle Boards in future. Moreover, Asia Pacific is anticipated to register robust growth in the global market during the forecast period. Growing construction and furniture industry in the region is the main reason behind the positive growth of the Asia Pacific market. Growing economies of China & India are the key driving markets and will make the Asia Pacific region register highest growth in the future in terms of demand. Additionally, healthy construction activity in Middle East and African region will also support and contribute significantly to the growth of the global Particle Board market.

Global Particle Board Market: Market Participants

In the global market, manufacturers are focused on product development to enhance their market share and presence. Some of the manufacturers involved in the manufacturing and sales of Particle Board across the globe are:

• Roseburg
• Uniboard
• Timber Products Company
• Dakota Premium Hardwoods
• Associate Decor Limited
• Boise Cascade
• D&R Henderson Pty Ltd
• Green Land Particle Board
• Krifor Industries
• Shell Laminates Pvt. Ltd
• DMK Particleboard LLP
• Kunnathan Chip Board Pvt. Ltd
• Action TESA
• FA Mitchell

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

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Global Particle Board Market: Segmentation

The global Particle Board market can be segment on the basis of raw material, application, end use and region.

On the basis of raw material, the global market is segmented into:

• Shavings
• Flakes
• Sawdust
• Excelsior
• Chip

On the basis of application, the global market is segmented into:

• Furniture
• Construction

On the basis of end use, the global market is segmented into:

• Residential
• Commercial
• Industrial

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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A recent market study revealed by Future Market Insights on the carbon mold market incorporates global industry analysis for 2014-2021 and market opportunity assessment for the forecast period of 2022-2029. The market study reveals crucial insights and provides an in-depth market analysis for the historical as well as forecast period. As per the market assessment in the report, the global carbon mold market is estimated to witness noteworthy growth due to growing demand from aircraft and automotive manufacturing sectors.

The global carbon mold market reaching a value of about US$ 279.9 Mn by 2022 end and is anticipated to grow with 8.6% CAGR throughout the forecast period, 2022-2029.

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

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

Opportunities Abound in East Asia and South Asia

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

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

Carbon Fiber to Remain a Prominent Material Choice

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

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

Carbon Mold Market: Manufacturer Insights

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

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Key Segments

Material Type

• Carbon Fiber
• Graphite
• Others

Mold Type

• Male
• Female

Application

• Aerospace & Defense
• Automotive & Transportation
• Electronics
• Energy
• Others

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa
• Emerging Countries

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

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A new market research report by Future Market Insights on the butyl glycol market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report examines the butyl glycol market and provides critical acuities for the forecast period of 2022-2029. As per findings of the report, the global butyl glycol market is estimated to surpass US$ 3.23 Bn by 2022, and is expected to grow at a CAGR of 3.6% during the forecast period.

Rising demand for paints and coatings is witnessed among the populace of advanced and emerging economies for enhancement of commercial and residential projects, including houses, industrial towers, and others, which is set to drive the butyl glycol market, suggests FMI’s study. In addition, high miscibility and coupling property of butyl glycol with other solvents are making them a great fit for cleaning and maintenance of residential and industrial premises.

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The pursuit of an agent with highly favorable physical and chemical characteristics has been amplifying all across the globe. With regulators imposing restrictions on the utilization of butyl glycol due to its hazardous impact on exposure to humans, FMI’s study finds that market players will need to think of a better substitute to comply with changing industrial and consumer trends as well as environmental amendments.

Consumption of Butyl Glycol as a Solvent Superlative

The requirement of butyl glycol as a solvent is unsurpassed, accounting for more than 70% of total market revenue, suggests FMI’s study. Water-based coatings became prominent in 1980s, with about 70% of building trade coatings being water-based as of now. Vinylic and acrylic water-based paints are the most prominent, containing a small amount of organic solvents, such as butyl glycol. Low volatile organic compound (VOC) content of butyl glycol makes it extremely suitable as a solvent in protective surface coatings, including enamels, spray lacquers, and others, as it does not easily evaporate.

Butyl glycol is miscible in all percentages with a majority of organic solvents, for instance, ketones, aromatic paraffin, among others, and water. Owing to its high dilution ratios and excellent solvency, butyl glycol is sought-after in the production and formulation of inks, and varnishes. Slow evaporation rate of butyl glycol enables improved blush resistance, enhanced luster, bettered flow-out and reduced orange-peel in lacquers.

Developing and target countries are witnessing fast-paced growth in groundwork ventures, such as roads, commercial buildings, among others. Upsurge in residential projects for escalating demographic across the globe is propelling the demands for decorative and durable paints. Cleaning of machine components and other assets in industrial vertical is set to contribute to the demand for butyl glycol on account of its high solubility. Furthermore, butyl glycol is creating space in domestic sector as a constituent of cleaning solutions for its high coupling efficiency.

Despite tremendous demand growth, butyl glycol is likely to see a slight decline in the requirement due to its noxious impact on humans upon subjection. Industrial workers reported to have been suffering from chronic illnesses, including nausea, kidney, and liver damage. Further, to curb this problem, regulators are imposing amendments to reduce the use and import of butyl glycol and its parent compound.

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Key Segment

By Function

• Solvent
• Coalescing Aid
• Chemical Intermediate
• Plasticizer

By Application

• Paints and Coatings
• Printing Inks
• Metal Working Fluid
• Polymer & Plastics
• Others

By Region

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

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

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Worldwide sales of synthetic polyisoprene rubber will roughly equate the revenues worth US$ 2.5 Bn by 2022 end, a 7% increase year-over-year, according to the latest research from Future Market Insights (FMI).

FMI analysts expect the synthetic polyisoprene rubber market to grow at a CAGR of 6.2% during the period, 2022-2032, driven by incorporation of innovative materials in medical gloves production to prevent the risk of latex allergy along with increasing demand for highly efficient adhesives in building & construction industry. Analysts also expect that demand coming from high-end applications can offer larger profit pools, which should compel the manufactures to center their focus on developing material with high purity targeted at specific end-use applications.

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Increasing environmental regulations in regard to mounting concerns over rising rubber waste in landfills will impact the market growth in the future. Manufactures who are taking off into new processing technologies and development of new raw materials compounds that will reduce the dependence on petroleum will succeed and continue to capture relatively high market share. Aligning with newer consumer and industrial trends will be a key to strengthening the position in the market as well.

Consumption for Medical Use to Increase in 2019 and Ahead

In 2021, sales of synthetic polyisoprene rubber for medical use represented ~57% share, and growing use in consumer goods production is likely to result in increased market share. Owing to enhanced consistency, lower impurities, improved manufacturability, and cost as compared to natural rubber, the use of synthetic polyisoprene rubber in healthcare or medical items will increase 6.7% year-over-year in 2022, according to the FMI analyst. Although the industrial use of synthetic polyisoprene rubber has been rapidly increasing over the years, it continues to account for lowest share in the market.

“The risk of allergy associated with surgical gloves manufactured from natural rubber latex has largely influenced the rising demand for synthetic polyisoprene rubber,” said the FMI analyst. “Moreover, application in medical glove production has contributed more than half of the growth of the synthetic polyisoprene rubber market in 2021.”

In the recent years, increasing awareness and promotion of condom use to prevent the transmission of several STDs has significantly raised the demand for synthetic polyisoprene rubber, especially for non-latex condoms. In addition, the FMI analyst forecasts the sales of synthetic polyisoprene rubber for application in medical balloons and catheters to collectively record ~20% share in 2022.

East Asia Leads Gains in the Synthetic Polyisoprene Rubber Market

According to the FMI analyst, Europe market for synthetic polyisoprene rubber will lose its leading position to East Asian Market in 2022, which generated revenue worth ~US$ 145 million in 2021. The emergence of Asia Pacific as the world’s largest producers and consumers of synthetic rubber continues to work to advantage of market stakeholders. “Rising demand for consumer goods and services in the region in line with favorable government policies supporting manufacturing facilities will continue to offer lucrative opportunities for the market players,” said the FMI analyst.

In 2021, the leading market players including Goodyear Tires, Royal Dutch Shell plc, and Kraton collectively accounted for ~35% share. Establishment of new manufacturing facilities where the cost of operation is relatively low and strategic positioning in the regional markets through acquisitions and joint venture with local players will remain key focal points of the leading stakeholders, according to the FMI analyst.

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Synthetic Polyisoprene Rubber Market Key Segment

By Applications

• Medical Gloves
• Condoms
• Medical Balloons
• Catheters
• Adhesives

By End Use

• Medical
• Consumer Goods
• Industrial

By Regions

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

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com