Friday, 31 March 2017

UV-cured Acrylic Adhesive Tapes Market - Positive Long-Term Growth Outlook 2024

The intense competition between 3M, Avery Dennison Corp., Henkel AG & Co. KgaA, tesa SE, and H.B. Fuller signifies the competitive landscape of the global UV-cured acrylic adhesive tapes market, finds a report by Transparency Market Research (TMR). These players together held a share on 80% in this market in 2015.
The rivalry between the leading players is expected to increase in the coming years. TMR recommends these companies to strengthen their distribution channels for their sustenance in the near future.


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As per the research report, the global market for UV-cured acrylic adhesive tapes, which stood at US$0.37 bn in 2015, is projected to rise at a CAGR of 7.29% between 2016 and 2024 and reach a value of US$0.69 bn by the end of the forecast period. Researchers project the market to cross a shipment volume of 149.32 mn Sq. Mts. by the end of 2024. The demand for UV-cured acrylic adhesive tapes is greater from the automotive industry than other end users. With an estimated contribution of US$170.39 mn in revenue by 2024, this segment is likely to remain leading throughout the forecast period.
North America to Lose Ground to Asia Pacific
In this report, the worldwide market for UV-cured acrylic adhesive tapes has also been studied on the basis of its geographical presence. According to it, Asia Pacific, North America, Latin America, the Middle East and Africa, and Europe are the prominent regional markets for UV-cured acrylic adhesives tapes across the world. Driven by the high demand from the U.S. and Canada, owing to the presence of an advanced infrastructure, North America has surfaced as the key consumer of UV-cured acrylic adhesives tapes, globally.


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Although the growth in the North America market for UV-cured acrylic adhesives tapes will remain strong over the forecast period, analysts expect it to lose ground to Asia Pacific on account of the substantial increase in the building and construction activities in emerging Asian economies. Exceeding North America, the market in Asia Pacific is likely to gain an amount of US$224.81 mn in revenues by 2024, states the research report.
Increasing Trend of Miniature Electronic Devices to Reflect Positively on Demand for UV-cured Acrylic Adhesive Tapes
“The rising the trend of miniaturization of electronic devices, such as portable personal computers, tablets, and cell phones, is having a considerable influence on the demand for UV-cured acrylic adhesive tapes across the world,” says the author of this research study. The ongoing expansion in the electrical and electronic industry, thanks to the growing dependence of consumers on electronic devices, is also projected to boost the adoption of these tapes remarkably over the next few years.


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In addition to this, the rise in the automotive industry, together with the increasing demand for light automobiles, will reflect greatly on the global market for UV-cured acrylic adhesive tapes over the forecast period. However, the volatility in the prices of raw materials and the high cost of advanced machinery may limit the adoption of these tapes to some extent in the near future, notes the study.
The study presented here is based on a report by Transparency Market Research (TMR) titled “UV-cured Acrylic Adhesive Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024.”
The global UV-cured acrylic adhesive tapes market has been segmented as follows:
By Product
  • Foamed tapes
  • Non-foamed tapes
  • Thermally Conductive tapes
  • Flame Retardant tapes
  • Universal tapes
By End User
  • Automotive
  • Building & Construction
  • Aerospace
  • Electricals & Electronics
  • Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Specialty Zeolites Industry Trends and key Insights by 2024

A large number of players are currently operational in the global specialty zeolites market. For 2015, the leaders in this market were BASF SE, Arkema Group, Tosoh Corporation, and W.R. Grace & Co., held a collective share of 34.7% in its overall value. The overall player spread-out is wide and diverse with a large number of enterprises present in all sizes. The leaders of the global specialty zeolites market are largely concerned with the applications of technological innovations that will give way to reducing processing costs and introduce high-quality products on a commercial level.


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According to a research publication by Transparency Market Research, the global specialty zeolites market is expected to hold a strong degree of competition among key players. The majority of the players in the market depend on goodwill and the formation of long-terms contracts for sustainable business. Although the cost of raw materials is largely classified as volatile, the global specialty zeolites market is relatively easy for new entrants to consider due to the easy availability of the raw materials. However, the market is likely to consistently face high levels of challenges from substitutes such as activated carbon and silica gel.
By 2024, the global specialty zeolites market is expected to reach US$53.4 mn in terms of sales. Its sales figure is projected at a CAGR of 3.2% within a forecast period from 2016 to 2024, and was calculated to reach 41.3 mn at the end of 2016.
Construction Industry Ups Demand for Specialty Zeolites
“Specialty zeolites have consistently found a solid scope of demand from the construction industry. The surge in construction activities in construction across the world and across different sectors is currently the leading factor contributing to the increasing revenue stream of the global specialty zeolites market. This is especially visible across Latin America and Asia Pacific, two regions that are scaling up their infrastructures in healthcare, industries, businesses, and residential areas,” states a TMR analyst. Urbanization is a key proponent of the construction industry and consequently, the global specialty zeolites market. This can be seen across the swiftly growing urban areas in China, India, and Brazil.


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Another factor promoting the global specialty zeolites market at the moment is the growing demand for them from the global paints and coatings industry, which is again, directly driven by the construction industry. The demand for specialty zeolites takes a positive turn due to the increasingly stringent regulations regarding the use of volatile organic compounds. A similar hike in demand for specialty zeolites can be seen in the plastics industry.
High Costs of Specialty Zeolites to Prevent Faster Market Growth
One of the key factors hindering a more favorable growth rate for the global specialty zeolites market is the high product costs. Specialty zeolites are known to be much more expensive than basic synthetic zeolites or even natural zeolites, due to the increased complexity of manufacturing. At the same time, the global specialty zeolites market is being restricted by the increasing availability of substitutes, especially silica gels and activated carbon. Both substitutes are finding a greater range of use in the paints and coatings industry, jeopardizing the overall demand for specialty zeolites in it.
“Currently, the larger players in the global specialty zeolites market are creating greater opportunities for themselves through the upkeep of loyalty with existing clients. This allows them to harness the generation of goodwill between enterprises while successfully expanding their overall client pool. Several players are also making the most out of opportunities through enhanced product development programs and the diversification of application of specialty zeolites,” adds the analyst.


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The information presented in this review is based on a Transparency Market Research report, titled, “Specialty Zeolites Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”
Key segments of the Global Specialty Zeolites Market
Specialty Zeolites Market: End-use Analysis
  • Plastics
  • Paints & Coatings
  • Construction Materials
  • Personal Care

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Pigments Market - Global Industry Analysis,Trends and Forecast 2023

The global pigments market is envisaged to showcase a fragmented characteristic as companies of similar share and size operate in the industry. However, there could be high exit barriers existing in the market due to the presence of inflated fixed costs and vast capital investments made at the initial phase. With integrated value chain in place, established firms in the industry are anticipated to join an intense rivalry. Another reason for the intensified competition could be the not-so-easy market profitability. As a result, throughout the forecast period, the level of competition is predicted to stay high. Players such as DIC Corporation, Clariant AG, Altana AG, and BASF SE are involved in the forward integration of pigments operations.


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According to a report compiled by Transparency Market Research (TMR), the global pigments market could rake in a telling revenue growth of US$31.98 bn by 2023 while rising from US$24.46 bn in 2016. The CAGR expected to be recorded by the market between 2015 and 2023 is 3.8%. Inorganic pigments are prognosticated to take a lion’s share of US$23.81 bn by the concluding forecast year on the back of the flourishing market for titanium dioxide. Asia Pacific could top the global geographical market with an almost 47.0% share in 2023.
Paints and Coatings Industry Paints Future of Pigments Market with High Consumption
Besides adding color, pigments are used to impart light and heat stability, brightness, and a glossy effect to paints and coatings. On account of industrial development, the paints and coatings sector in developing nations has been right on the progress track. This is expected to give a strong boost to the global pigments market. Although the per capita paint consumption in emerging countries is less compared to that in developed countries, the economic development in the ASEAN, China, India, and the GCC is envisioned to improve the trend.


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Since the spur in the construction industry is correlated with the GDP growth in Asia Pacific, the paints and coatings sector is foreseen to witness a staggering growth, thus adding impetus to the global pigments market.
Pigments work as a critical element in the plastics industry because of their aesthetic and coloring effects, superior compatibility, moisture and heat resistance, and capability to increase stability in plastics. Being a major consumer of pigments, the advancing plastics industry could offer some great opportunities for players in the world pigments market.
Growth Lapse Expected to Ride on Pigments’ Threat to Health and Environment
Pigment manufacturers are foretold to face the challenge of maintaining environmental sustainability in the wake of eco-friendliness. Organic pigments such as azo compounds can cause toxicological effects and lead to carcinogenicity and genotoxicity in humans due to the release of numerous aromatic amines. The European Commission (EC), Ecological and Toxicological Association of Dyes and Organic Pigments Manufacturers (ETAD), and Danish Environmental Protection Agency (EPA) have already announced their disagreement with the use of azo pigments.
However, the advent of nanotechnology making possible the development of nanoparticles of inorganic and organic pigments to less than 100 nm is prophesied to open new avenues for advancement in the pigments market. The improved performance and grander properties of nanopigments have landed them attractive applications in industries such as cosmetics, photovoltaic cells, and cathode ray tubes.


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The study presented here is based on a report by TMR, titled “Pigments Market (Product - Inorganic Pigments (Titanium Dioxide, Iron Oxide, Cadmium Pigments, Carbon Black, Chromium Compounds, and Bismuth Vanadium), Organic Pigments (Azo, Phthalocyanine, Quinacridone, and Quinophthalone), and Specialty Pigments (Classic Organic, Metallic, High Performance Organic, Light Interference, Complex Inorganic, Fluorescent, Luminescent/Phosphorescent, and Thermochromic); End User - Paints and Coatings, Printing Inks, Plastics, Construction Materials, Personal Care, and Paper) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.”
The global pigments market has been segmented as presented below:
Global Pigments Market – Product
Inorganic Pigments
  • Titanium Dioxide
  • Iron Oxide
  • Cadmium Pigments
  • Carbon Black
  • Chromium Compounds
  • Bismuth Vanadium
Organic Pigments
  • Azo
  • Phthalocyanine
  • Quinacridone
  • Quinophthalone

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Isononyl Acrylate Market Size, Share | Industry Trends Analysis Report, 2024

Transparency Market Research reports that the competitive landscape in the global isononyl acrylate market is highly consolidated. The report indicates that only a few players hold significant share in the overall market. Presently, the market is being dominated by leading players such as OSAKA Organic Chemical Industry Ltd., BOC Sciences, and Angene International Limited. These companies are expected to focus on contract research and contract manufacturing to remain dominant in the coming years


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According to the research report, the global isononyl acrylate market is expected to be worth US$12.3 mn by the end of 2024 from US$10 mn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to rise at a CAGR of 2.4%.
Asia Pacific to Lead Global Market with a Share of 85% by 2024
On the basis of application, the global isononyl acrylate is segmented into adhesives and sealants and paints and coatings. Out of the two, the adhesives and sealants segment is estimated to show phenomenal progress as this application segment is projected to acquire a share of 96.5% in the global market by the end of 2024. The increasing uptake of pressure-sensitive tapes is expected to drive the progress of this segment in the coming years.
In terms of geography, the global market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Out of all the regions, Asia Pacific is expected to dominate the global market as the regional market is slated to acquire a share of 85.0% by the end of 2024.The rising development of pressure-sensitive adhesive tables in the region are expected to drive this regional market in the coming years.


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Developments in Adhesive Industry Direct Market’s Trajectory in a Positive Way
The radical transformation of the global adhesives and sealants industry that has boosted its performance has had an unwavering impact on the overall isononyl acrylate market. Thus, as the global adhesives and sealants industry grow at a rapid pace, it is expected to propel the global adhesive tapes industry, thereby augmenting the demand for isononyl acrylate. The report states that the rising complexity of various products manufactured by the adhesives industry is also expected to boost the global market. The overall adhesives industry is estimated to benefit from the increasing need for disposable packaging, demand for medical products, and hybrid joining techniques for lightweight structures. The technological advancements in the adhesives technology is also expected to offer lucrative opportunities to the uptake of isononyl acrylate in the near future.
The changing market dynamics of paints and coatings industry is also expected to make a significant difference to the rising revenue of the global isononyl acrylate market. The growing demand for enhanced paints and coatings in end-use industries such as automotive, construction, marine, and plastics is expected to play a key role in determining the rising usage of isononyl acrylate. “The rise in the demand for specialty paints is also held responsible for the rising consumption of isononyl acrylate,” states the lead author of this research report.
High Cost of Development Restrains Market Growth
The complex process of manufacturing isononyl acrylate takes about 16-18 weeks. Furthermore, the straight-chain alcohols required for making isononyl acrylate are extremely expensive. Collectively, these factors have resulted in the high cost of production and long lead time, thereby hampering the growth of the overall market. The availability of low-cost substitutes is also expected to restrain the rise of the market in the near future.


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This review is based on Transparency Market Research’s report, titled “Isononyl Acrylate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
The Global Isononyl Acrylate Market has been segmented as Follows:
Isononyl Acrylate Market: Application Analysis
  • Adhesives & Sealants
  • Paints & Coatings
Isononyl Acrylate Market: Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Anhydrous Aluminum Chloride Market: Latest Trends,Analysis & Insights 2024

The four leaders of the global anhydrous aluminum chloride market in 2015 were BASF SE, Gulbrandsen, Nippon Light Metal Co., and Aditya Birla Chemicals. Their collective share of 18.8% in the market’s value for 2015 reveals a largely fragmented competitive landscape that holds a large volume of scattered players from small and medium-sized categories. Meanwhile, the leading players of the global anhydrous aluminum chloride market are adopting strategies of consolidation, including developments in new products that are more needed by today’s changing lifestyles and medical needs.


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As stated in a research report released by Transparency Market Research, the overall degree of competition within the global anhydrous aluminum chloride market is expected to remain very high over the coming years. The market does possess a considerable number of players that are already established at a global and/or regional level. However, the entry barriers for new players are low due to the low capital needed to setup in the market. However, the increasingly strict regulations surrounding the global anhydrous aluminum chloride market are creating a visible obstruction in the growth rate of these new entrants. By revenue, the global anhydrous aluminum chloride market is expected to reach US$912.25 mn by the end of 2024. It is expected to expand at a CAGR of 2.9% from 2016 to 2024 and is also expected to reach US$704.27 mn by the end of 2016.
APAC Presents Multiple Advantages in Global Anhydrous Aluminum Chloride Market
“The nations from the currently high-interest Asia Pacific region are currently the leading reason for the growth of the anhydrous aluminum chloride market as a whole. The manufacturing of dyestuff and pigments has shot up in this region, owing to the booming industries of apparels, construction, and automotive. Their proliferation is directly benefitting the players in the global anhydrous aluminum chloride market and a lot of these names from North America and Europe are looking to take up a share of the expanding Asia Pacific market. The nations of China and India are further showing a phenomenal expansion in their pharmaceutical industries, creating an even greater demand for anhydrous aluminum chloride over the coming years,” states a TMR analyst.


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The above factors are perceived as growth enablers for the demand of anhydrous aluminum chloride on a global scale, but are applicable to a much higher degree within the Asia Pacific region. Due to several factors, the demand for anhydrous aluminum chloride is quite lower in Europe and The Middle East and Africa as compared to Asia Pacific and North America.
Health Hazards Primary Obstacle for Anhydrous Aluminum Chloride Manufacturers
While the utility of anhydrous aluminum chloride is unquestioned, its negative effects on humans as well as the environment are also equally concerning. Ingestion or inhalation anhydrous aluminum chloride can be toxic to humans due to its irritating nature. Several cases of skin burns are known to occur on workers handling anhydrous aluminum chloride in manufacturing centers and their safety is expected to be a primary concern to the market’s players. Another complication arises when anhydrous aluminum chloride reacts with water to give off hydrogen chloride, a particularly strong colorless gas that can cause severe irritation to skin or form hydrochloric acid upon contact with moisture.
“Players in the global anhydrous aluminum chloride market to be extremely aware of the safety standards that they are performing in and meeting all regulatory standards set out by their region of operation. Amidst the growing demand for anhydrous aluminum chloride, all players are showing a very high rate of interest in Asia Pacific, where they are expected to gain significant opportunities overt the coming years,” adds the analyst.


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The information presented in this review is based on a Transparency Market Research report, titled, “Anhydrous Aluminum Chloride Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Key segments of the Global Anhydrous Aluminum Chloride Market
Anhydrous Aluminum Chloride Market: Form Analysis
  • Powder
  • Granules
Anhydrous Aluminum Chloride Market: Application Analysis
  • Dyestuff & pigments
  • Hydrocarbon resins
  • Pharmaceuticals
  • Fumed alumina
  • Flavors & fragrances
  • Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

2-shot Injection Molding Market Systems - Global Industry Analysis 2024

Transparency Market Research observes that the global 2-shot injection molding market is highly fragmented due to the strong presence of a large number of players present in the market. As each player holds a small share, the market is witnessing stiff competition. Some of the leading players in the global 2-shot injection molding market are Rogan Corporation, Nyloncraft, Inc., Paragon Rapid Technologies Limited, and Gemini Group, Inc. “These players are expected to focus on reducing the lead time to remain competitive in the market and increasing the production volume to remain relevant to the market,” states the lead author of this research report.


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The research report states that the global 2-shot injection molding market is was worth US$6.6 bn by the end of 2015 and is projected to reach US$11.5 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is projected is rise at a CAGR of 6.5%.
Europe to Dominate Global Market as OEMs Focus on Reducing Production Costs
Geographically, the global 2-shot injection molding market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, Europe is expected to show indomitable dominance in the global market in the coming years. Despite a minor slip, the region is poised to acquire a share of 33.9% by the end of 2024. The emerging trend of large scale adoption of 2-shot injection molding process to reduce the cost of production and labor costs across Europe has kept the region in the lead.
On the basis of applications, the global 2-shot injection molding market is segmented into automotive, medical, consumer goods, electrical and electronics, packaging, and industrial. Of these, the medical segment held the dominant share in the overall market in 2015. The report estimates that this segment will acquire a share of 25.8% by the end of 2024.


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Precision in Production to Drive Global Market
2-shot injection molding ensures production of exceptionally precise parts with accurate repeatability with just a single tool. This advantage has encouraged OEMs to develop and design increasing more of products by using 2-shot injection molding, thereby increasing the adoption of this process and products across the globe. The considerable cost reduction by using 2-shot injection molding process, as it enables the production of two component parts in a single operation has also boosted the growth of this market.
The report also suggests that the global market is being driven by the increasing pressure from the governments to recycle plastics. Stringent governmental regulations compelling industries to recycle materials has played a significant role in convincing OEMs to adopt 2-shot injection molding processes. The key advantage of using 2-shot injection molding process is that the core of any two-component parts is derived from the recycled plastic, without changing its look or property. Thus the increasing uptake of recycled plastics is expected to have a positive impact on the global market.
High Initial Investment Estimated to Hamper Market Growth
The high cost of tooling and equipment of 2-shot injection molding as compared to traditional molding is the chief restraint in the global market. The significantly higher initial investment costs has discouraged manufacturers from opting for 2-shot injection molding for their production processes. The market is also being stymied by the limited choice of material pairs that can be used for 2-shot injection molding. Furthermore, the long lead time of 2-shot molding machines is also estimated to hamper the growth of the market in the coming years.


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This review is based on Transparency Market Research’s report, titled “2-shot Injection Molding Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
The global 2-shot injection molding market has been segmented as follows:
2-shot Injection Molding Market - Product Analysis
  • Polypropylene
  • Polycarbonate
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polystyrene
  • Other Plastics (Nylons, PBT etc.)
  • Silicones
  • Styrene Butadiene Rubber (SBR)
  • Thermoplastic Elastomers (TPE)
  • Other Elastomers (Nitrile Rubber, Natural Rubber etc.)
2-shot Injection Molding Market - Application Analysis
  • Medical
  • Automotive
  • Consumer Goods
  • Electrical & Electronics
  • Industrial
  • Packaging
  • Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Thursday, 30 March 2017

Aseptic Packaging Market: Latest Trends,Analysis & Insights 2024

The competitive landscape in the global aseptic packaging market is quite consolidated. Transparency Market Research states that Tetra Pak alone held a dominant share of about 65% in the global market in 2015. However, several players are focusing on the potential of emerging economies that offer cheap labor and low cost of raw materials to set up manufacturing units.
According to the research report, the global aseptic packaging market is expected to reach a valuation of US$80.49 bn by the end of 2024 as compared to US$34.42 bn in 2015.


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Between the forecast years of 2016 and 2024, the global market is projected to expand at a CAGR of 9.9%. The steady growth of the global aseptic packaging market will be attributable to the emergence of pharmaceutical industry that is focusing on the need better packaging methods of products.
Asia Pacific Emerges as Key Regional Segment as Food and Beverages Industry Flourishes
In terms of end user, the global aseptic packaging market is segmented into pharmaceutical, beverages, dairy, food, and others such as personal care. Analysts expect that the pharmaceutical industry will be the key user of the aseptic packaging in the coming years as the sales of medical consumables continues to be on the rise. The emergence of the pharmaceutical industry in Asia Pacific is also expected to fuel the soaring sales of aseptic packaging products in the coming years. Analysts believe that the dairy industry is also likely to be a key end user segment in the global aseptic packaging market.
Geographically, the market is fragmented into Europe, Asia Pacific, North America, and the Middle East and Africa. Presently, Asia Pacific is the key consumer of the aseptic packaging products in the global market. As of 2015, this region accounted for about 32% share in the global market. The regional market is predominantly being driven by the booming food and beverages industry in the region along with the flourishing pharmaceutical industry. Analysts expect that China will lead the regional market to newer heights in the coming years as the emerging economy is focused on production and manufacturing of various products.


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Improved Shelf-life of Products Augments Demand for Aseptic Packaging Products
The growing awareness amongst consumers about the benefits of aseptic packaging is the primary growth driver for the global market. Aseptic packaging primarily allows consumers to maintain the quality of food items for a longer period of time. The ability of this packaging method to enhance the shelf-life of the items has boosted the market’s growth in the past few years. Analysts predict that the increasing consumption of ready-to-eat meals and other packaged food items will drive the global market in the coming years, especially amongst the urban population.
The market will also be fueled by the increasing sales of cartons, which are being preferred over glass packaging materials as they are easy to dispose. The report estimates that the demand for cartons is estimated to escalate as their production releases lesser amount of emissions in the environment as compared to production of PET products.
Capital-intensive Nature of Manufacturing Setups to Restrain Market Growth
Despite the steady growth drivers, the global aseptic packaging market is likely to be challenged by a few factors. The complicated process of manufacturing aseptic packaging products is the key restraint in the global market. The high capital investment required to setup production plants and manufacturing units is expected to act a major restraint in the global market.


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This review is based on Transparency Market Research’s report, titled “Aseptic Packaging Market (Product - Bottles (Glass, Plastic), Cartons, Vials, Prefilled Syringes & Ampoules, Bags & Pouches; End-user - Food, Dairy, Beverages, Pharmaceutical) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
For this study, the market has been segmented as follows:
Aseptic Packaging Market - Product Analysis
  • Bottles (Glass, Plastic)
  • Cartons
  • Vials, Prefilled Syringes & Ampoules
  • Bags & Pouches
  • Others (Cups)
Aseptic Packaging Market - End-user Analysis
  • Food
  • Dairy
  • Beverages
  • Pharmaceutical
  • Others (Personal Care, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
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Automotive Refinish Coatings Industry Trends and key Insights by 2024

With the top five players accounting for over 65% share in the global market for automotive refinish coatings, the competitive landscape looks consolidated. Among the top five players, the two most dominant ones, namely PPG Industries and Axalta Coatings Systems, LLC, held about 40% share in the market in 2015. A noticeable trend in the global automotive refinish coatings market is the shift from solvent-based to water-based coatings. This has been primarily brought about by stringent regulatory reforms of environmental bodies.


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Solvent-based automotive refinish coatings have majorly contributed to the market so far in terms of revenue, and regulations framed against it by authorities will likely negatively impact the market. As of now, manufacturers are focusing on developing efficient water-based automotive refinish coatings. This would have an impact on the market’s contours in the upcoming years.
A report by Transparency Market Research predicts the global market for automotive refinish coatings to rise at a healthy CAGR of 5.7% from 2016 to 2024. Expanding at this pace, the market is forecasted to reach a value of US$10.8 bn by 2024 from US$6.6 bn in 2015.
High Disposable Incomes Make North America Market Leader
Depending upon the different types of products, the global market for automotive refinish coatings has been segmented into base coats, primers, clean coats, fillers, and activators. Among them, the base coat segment held the leading share of over 30% in the market in 2015. The swift uptake of used vehicles and rising numbers of road accidents have propelled the segment substantially in the past couple of years. Going forward, however, the segment will trim some of its shares because of the availability of internal substitutes such as additives with primer.
Geographically, the key segments of the global market for automotive refinish coatings are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of them, North America leads the overall market and is trailed by Asia Pacific and Europe. Factors driving the market in North America are high disposable incomes and timely repairs carried out by owners of vehicles, along with the growth in the market for used vehicles. Strict regulations, on the contrary, is negatively impacting the market in the region.


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India, China, Brazil, and South America Power Growth in Global Market
Automotive markets in the fast-expanding economies of the world such as India, Brazil, China, and South Africa are forecasted to grow at a healthy clip from 2016 and 2021. The soaring automobile sales in the region will likely be fuelled by factors such as increasing disposable incomes and robust growth in GDPs. “Rise in sales of automobiles across these countries is expected to lead to a sizeable expansion of the pool of vehicles and have a direct positive impact on the overall demand for automotive refinished coatings,” explains the lead analyst of the report.
Raw Material Price Volatility Crimps Growth
Strict emission-related reforms regulating the use of certain chemicals and elements in automotive refinish coatings is majorly countering the sales of solvent-based products. Such solvent-based coatings containing higher levels of VOCs compared to water-based products were the main growth drivers in the market. This coupled with the volatility in prices of important raw materials needed in the manufacture of automotive refinish coatings is also expected to act as a barrier to the market’s growth. The price volatility of raw materials result from fluctuating crude oil and natural gas prices from which they are derived.


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This review is based on the findings of a TMR report titled “Automotive Refinish Coatings Market (Product Type - Primer, Base Coat, Clear Coat, Activator, Filler; By Technology - Solvent Borne Coatings, Water Borne Coatings) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
This report segments the global automotive refinish coatings market as follows:
Automotive Refinish Coatings Market – Product Analysis
  • Primer
  • Base coat
  • Clear coat
  • Activator
  • Filler
  • Others
Automotive Refinish Coatings Market – Technology Analysis
  • Solvent Borne
  • Water Borne
  • Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

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Ceramic Tiles Market: Latest Trends,Analysis & Insights 2024

The global ceramic tiles market has been researched to see the domination of large scale players diluted to a lower degree due to the profuse presence of multitudinous small and medium scale manufacturers. The less developed regions are forecasted to be the choice markets for players to stretch their profitability. This, in turn, coupled with the differing shares of top companies has been prophesied to raise the level of competition in the market. Ranking higher amongst the prominent market players, Mohawk Industries, Inc. held a close to 4.0% individual share in 2015. While the top five companies had secured a total share of only 7.7% share in the same year, other players contributed just over 92.0%.


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At a CAGR of 9.8% for the forecast period 2016–2024, the global ceramic tiles market has been projected to register a valuation of over US$178.0 bn by 2024 from US$84.0 bn in 2016. The telling amplification of the flooring market growth could be a primary reason for an US$88.42 bn share of floor tiles by 2024 in the world market. Attractive foreign investments, housing and infrastructure development initiatives by governments, and rising population are likely to lift the Asia Pacific market with a 66.5% share by the same year.
Construction Boom in Asia Pacific Shapes Growth
Continuing with the growth factors for Asia Pacific mentioned above, the elevating disposable income of consumers has also been anticipated to provide the required boost to the ceramic tiles market in the region. The construction sector has been analyzed to be a single larger end user of ceramic tiles. Hence, the high growth rate of the construction industry in India, China, and the ASEAN countries could be vital for the rise of the Asia Pacific ceramic tiles market. The analysts expect the construction activities in Asia Pacific to soar on account of the surging number of residential construction projects, increasing demand from local customers, and competitive oil prices.
The researchers envisage the stable growth of the flooring market in developed regions such as North America and Europe and larger share of Asia Pacific because of wide industrial base, easy availability of resources, and improved economic conditions to set the tone for the global ceramics market.


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Surge in Raw Material Prices Stunts Demand
The prices of raw materials such as clay and feldspar employed to process ceramic tiles have increased at two instances, i.e. post the 2008 economic crisis and after 2010 when the raw materials extended their application to other end users such as food packaging, refractories, and glass. This has been prognosticated to have an adverse effect on the global ceramic tiles market. Moreover, the emission of carbon dioxide during the manufacture of ceramic tiles could discourage the market growth.
Nonetheless, the GCC countries along with Brazil and Turkey have been envisioned to birth new opportunities in the face of deterrents in the global ceramic tiles market. Past events such as the 2016 Olympic Games and 2014 FIFA World Cup have augmented the reputation of Brazil in the commercial construction industry. New residential activities and residential replacement could be the crucial segments taking precedence in Brazil.
Investors from the Middle East and government support for the construction of Istanbul international financial center, new international airport, and other mega projects are foreseen to raise the bar for growth in Turkey. Likewise, the booming construction industry in the GCC could prove critical for encouraging players in the global ceramic tiles market.


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The study presented here is based on a report by TMR, titled “Ceramic Tiles (Product - Floor Tiles, Wall Tiles, Ceiling Tiles, and Roofing Tiles; Application - Residential Replacement, Commercial, New Residential, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
The global ceramic tiles market has been segmented as presented below:
Ceramic Tiles Market – Product Analysis
  • Floor Tiles
  • Wall Tiles
  • Ceiling Tiles
  • Roofing Tiles
Ceramic Tiles Market – Application Analysis
  • Residential Replacement
  • Commercial
  • New Residential
  • Industrial

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Fungicides Market - Positive Long-Term Growth Outlook 2023

According to a recent study by Transparency Market Research (TMR), the global fungicides market is consolidated in nature, with more than two-third of the global shares collectively owned by the top four players. The report identifies Bayer CropScience, BASF SE, Syngenta, Monsanto Company, Dow AgroSciences LLC, Cheminova A/S., and E.I. du Pont de Nemours and Company as some of the leading companies in the global market for fungicides. These key players produce their own raw material inputs and concentrate on research and development across various regions to maintain a product portfolio suited for those regions.


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As per the TMR evaluations, the global fungicides market had an opportunity worth US$11.23 bn in 2014, which will expand at a CAGR of 4.4% during the forecast period of 2015 to 2023, reaching a valuation of US$16.30 bn by the end of 2023. Research and development of customized products as per the requirement of various regions will define the leader of the market in the longer run. However, large number of small players are entering the market at regional levels, which is stiffening-up the competition.
Vastly Populated Asia Pacific Most Lucrative Region
By product, the report segments the global fungicides market into chlorothalonil, mancozeb, strobilurin, metalaxyl, and others including benzimidazoles, triazols, and phenylamides. In terms of volume, the segment of mancozeb accounted for over 20% of the demand and is expected to remain prominent throughout the forecast period. This is owing to its low-cost and absence of any resistance management issues. However, phenylamides segment is also anticipated to expand the demand robustly over the course of next few years, as they can be mixed with water and consequently, are easy to apply through foliar spray, seed treatment, soil treatment, and post-harvest. By application, the report categorizes the global fungicides market into cereals and grains, oilseeds and pulses, fruits and vegetables and others including grass and ornamental plants. Out of these, fruits and vegetables segment served maximum demand and are expected to expand at an above-average rate during the forecast period, owing to its growing application to manage fungal diseases in muskmelons, grapes, apples, potato, orange, tomato, lemons, and carrots.


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Geographically, the TMR report studies the opportunities available for the players in fungicides market in the regions of North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, and rates Asia Pacific as the most lucrative region. The region accounted for 25% of the share in 2014, although North America is expected to escalate the demand quickly during the forecast period due to high demand from non-crop applications as well as fruits and vegetables segment.
Demand for Protein-rich Foods and Fibers Escalating
Escalating demand for food across the world with rapidly growing population, which makes it mandatory to increase the production as well as concentrate on food safety, is the primary driver of the global fungicides market. The change in farming practices from traditional to conventional is another important factor favoring the market’s growth rate. Government support to the methods of enhancing yield, sale of ornamental plants for outdoor and indoor applications, and non-selective fungicides are expected to further boost the demand in the global fungicides market.
According to the author of the report, “Changing lifestyle among the urban population is shifting the dietary patterns of the middle income population, with protein-rich foods and fibers gaining popularity. This is opening new opportunities for the players in this market.”


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The information presented in this review is based on a Transparency Market Research report, titled, “Fungicides Market (Product - Mancozeb, Chlorothalonil, Metalaxyl, and Strobilurin; Application - Cereals and Grains, Oilseeds and Pulses, and Fruits and Vegetables) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
Key Segments of the Global Fungicides Market
Fungicides Market - Product Segment Analysis
  • Mancozeb
  • Chlorothalonil
  • Metalaxyl
  • Strobilurin
  • Others (Including triazols, benzimidazoles, phenylamides, etc.)
Fungicides Market – Application Analysis
  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Others (Including ornamental plants, grass, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Truck-mounted Concrete Pump Market- Global Industry Analysis,Trends and Forecast 2024

The key players in the MENA truck-mounted concrete pump market for 2015 were Putzmeister, Schwing, and The Liebherr Group. Their collective share of 54.9% in the market’s overall value denotes a consolidated playing field for all names in the truck-mounted concrete pump manufacturing business. All existing players in the MENA truck-mounted concrete pump market are involved in highly competitive business strategies in order to gain the upper hand in sales and overall revenue generation.


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According to market intelligence provider Transparency Market Research, the MENA truck-mounted concrete pump market is likely to be a field of moderate competition. Current key players in the market are expected to ramp up the competitive pricing strategies in order to gain a better share of the burgeoning construction sector demand. At the same time, the MENA truck-mounted concrete pump market is not a favorable ground for new entrants due to the high capital required as well as the high level of trust and client pool held by the current key players such as Putzmeister and Schwing. The MENA truck-mounted concrete pump market is expected to reach US$161.0 mn at the end of 2016. It is projected to reach US$253.4 mn by 2024 after experiencing a CAGR of 5.8% from 2016 to 2024.
UAE and Qatar Beacons for Truck-mounted Concrete Pump Makers
One of the top factors boosting the MENA truck-mounted concrete pump market currently is the region’s booming construction sector. There is a very high demand for the creation of residential projects such as large-scale housing areas. Outside of the residential sector, the construction sector is also befitting from the massive demand for more and better quality office spaces and industrial infrastructure. This forms the core driver for all current manufacturers of truck-mounted concrete pumps in the Middle East and North Africa.


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A TMR analyst states, “Above all regions lay UAE and Qatar in terms of the overall demand for truck-mounted concrete pumps. Both regions are showing a staggering lead in construction activities within the MENA region, Qatar especially is expected to show a very steep curve in demand for construction project equipment over the coming years, thanks to the upcoming FIFA World Cup in 2022 being hosted here.”
Crude Price Volatility Continues to Deter Growth in Demand for Truck-mounted Concrete Pumps
The oil and gas sector has been exposed to a high degree of unpredictability in terms of production volumes and overall pricing scope over the past few years. This oil pricing volatility has had a severely negative impact on a large number of industries, particularly those that include transportation and travel as a key part of their process. This is currently a primary restraint on the MENA truck-mounted concrete pump market which is heavily dependent on the consistent and even increasing supply of conventional fuels.
“Several advancements in the technologies in the truck-mounted concrete pumps are expected to usher in a new wave of demand in the MENA truck-mounted concrete pump market over the coming years. At the top of the list in technological advancements are concepts such as better design concepts that incorporate greater arm length and mounted capacities, remote operation capabilities, enhanced warning systems using modern sensors and audio-visual warning systems, and the incorporation of multiple improvements in the implementation of these pumps in the upcoming MENA irrigation projects,” adds the analyst.


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The information presented in this review is based on a Transparency Market Research report, titled, “Truck-mounted Concrete Pump Market - Middle East & North Africa (MENA) Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”
Key segments of the MENA Truck-mounted Concrete Pump Market
Truck-mounted Concrete Pump Market – Type Analysis
  • Truck Mounted Mobile Pump
  • Truck Mounted Static Pump
  • Truck Mixer Concrete Pump
Truck-mounted Concrete Pump Market – End Use Analysis
  • Industrial
  • Residential
  • Commercial
Truck-mounted Concrete Pump Market - Country Analysis
  • Egypt
  • Iran
  • Algeria
  • Morocco
  • Oman
  • UAE
  • Qatar

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453