Category: Uncategorized

Building and Construction Plastic Fasteners Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

October 08, 2021: The global Building & Construction Plastic Fasteners Market is estimated to touch US$ 485.3 million by the completion of the year 2025. The Building & Construction Plastic Fasteners industry was appreciated by US$ 320.4 million in the year 2016. Increasing demand for grommets, plastic rivets, and cable ties due to their light weight and possession of confrontation to erosion is likely to boost development of the market.

Promising demographics, growth in population, and increasing demand for housing constructions in most important markets of Asia Pacific are expected to motivate building manufacturing, thus impacting the market optimistically. It is estimated that the market will develop at a substantial CAGR for the duration of the prediction.

The Building & Construction Plastic Fasteners market on the source of Type of End Use could span Commercial, Industrial, Housing. The subdivision of Housing ruled the business and is likely to develop by the speedy percentage due to increasing demand for the product in bonding applications and cable management.

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The Building & Construction Plastic Fasteners market on the source of Type of Delivery Network could span Third party Delivery, Direct Delivery. The subdivision of Direct Delivery ruled the business through all the provinces, recording more than 75% stake of the general market, due to the existence of a big numeral of companies by way of an extensive delivery grid.

The Building & Construction Plastic Fasteners market on the source of Type of Function could span Cable management, Bonding/Attaching. The Building & Construction Plastic Fasteners industry on the source of Type of Product shows the Manufacture, Profits, Price, Market stake, and Development percentage of respective category. The market is divided into Cable Ties and Others [Grommets, Clips, Rivets].

The subdivision of Cable Tie Fasteners was responsible for the biggest stake and are likely to observe development by a CAGR of 4.5% for the duration of prediction, due to their greater demand for the application of cable management. The Building & Construction Plastic Fasteners on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Central & South America [Brazil], Middle East &Africa.

By the source of geography, the Asia Pacific was the speedily developing market for building and construction plastic fasteners during the year 2016. It is estimated to come up by a CAGR of 5.4% for the duration of the prediction. Issues for example small tariffs of interest and enlightening GDP of most important markets, together with China and India, are likely to increase constructional actions, in that way motivating the demand for the product in the area.

The construction business in North America has observed development due to repossession from the financial downturn, in that way heading to a growth in savings in domestic and non-domestic construction. These issues are likely to increase the construction business, and by this means motivate the market above the following eight years.

The market in the Central & South America is likely to advance at a CAGR of 5.1% for the duration of prediction. This will happen due to the growth in construction of domestic and commercial building in Brazil, Peru, Venezuela, and Argentina. The presentation of free housing package and stakeholder responsive strategies in Brazil to progress the subdivision of building construction is expected to expose new-fangled opportunities for the progress of the business.

The business in the area of Middle East & Africa stick up for US$ 18.1 million in the year of 2016. The speedy growth of vacation industry and overview of White Land tax advantage by the government of Saudi Arabia to report dearth of housing are likely to motivate the activities of building construction, by this means motivating the demand for the product above the period of prediction.

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The statement revises Trades in terms of intake of Building & Construction Plastic Fasteners in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Shanghai Fasteners Company, Avery Dennison Corporation, Penn Engineering, Stanley Black & Decker, Nippon Industrial Fasteners Company [Nifco], Araymond, Bossard, MW Industries, Illinois Tool Works Incorporated [ITW], HellermannTyton, TR Fastening.

Market Segment:

Product Outlook (Revenue, USD Million; 2014 – 2025)

    • Cable Ties

    • Others

        • Clips

        • Rivets

        • Grommets

Function Outlook (Revenue, USD Million; 2014 – 2025)

    • Bonding/Attaching

    • Cable Management

Distribution Outlook (Revenue, USD Million; 2014 – 2025)

    • Direct

    • Third-party

Application Outlook (Revenue, USD Million; 2014 – 2025)

    • Residential

    • Industrial

    • Commercial

Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

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Packaging Adhesives Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

October 06, 2021: Global Packaging Adhesives Market is expected to reach USD 10.11 billion by 2025. Packaging Adhesives (PA) are the adhesives used for binding together two or more surfaces by limiting direct contact of packaging materials to harsh atmosphere that pledges degradation. These adhesives are exclusively used in industries like wood, food & beverage, automotive, and construction. The packaging adhesives industry is estimated to grow at a significant CAGR of 4.5% over the forecast period as the scope and its applications are rising enormously across the globe.

Rising durability and versatility of rigid adhesive products, presence of innovative flexible packaging adhesive products, and can handle an exclusive range of end-use temperatures are documented as major factors of packaging adhesives market that are estimated to enhance the growth in the years to come. However, packaging adhesives industry is segmented based on type, technology, application, and region.

Polyvinylidene Chloride, Acrylics, polyurethane, and other types could be explored in packaging adhesives in the forecast period. The enhanced technology used may include hot-melt based, water-based, solvent-based, and others that could be explored in packaging adhesives in the forecast period. The hot-melt based technology is exclusively preferred and the sector accounted for substantial share of packaging adhesives market. It is used in sealing, cartooning, and case erecting applications. Hot melts include metallocene hot melts and EVA hot melts.

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The market may be categorized based on applications like specialty packaging, case & carton, folding cartons, corrugated packaging, labeling, flexible packaging, and others that could be explored in forecast period. The flexible application accounted for the substantial share of packaging adhesives industry and is estimated to remain dominant in the coming years. This may be because of several regulations by FDA and upgradation of technologies in various sectors like research and development and pharma industries. Moreover, high demand for packed food as well as food & beverage are the factors ruling packaging adhesives. In addition, corrugated packaging sector is estimated to grow at fastest pace in coming years.

Globally, North America accounted for the substantial share of packaging adhesives market and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be rising use of innovative techniques for the production of eco-friendly adhesives and high concentration on inventions gained from Research and Development (R&D). The United States is a major consumer of packaging adhesives in the region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth.

Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the significant CAGR in the foremost period. The aspects that may be ascribed to the growth comprise rising number of manufacturers in the region and growing supply chain of raw materials outside the region as well as within the region. The developing countries like India and China are the major consumers of packaging adhesives in the region.

The key players of packaging adhesives industry are Dymax, Henkel, Ashland, HB Fuller, Wacker Chemie, Bostik, Sika, Paramelt, Jowat Corp, 3M Company, and Avery Dennison. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Market Segment:

Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

    • Water-based

    • Solvent-based

    • Hot Melt

    • Others

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

    • Flexible Packaging

    • Folding Carton

    • Case & Carton

    • Labeling

    • Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • Japan 

        • India

    • Middle East & Africa

    • Central & South America

Get in touch

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Positive Displacement (PD) Pumps Market Size, Share, Growth, Trends and Forecast Report till 2025

October 04, 2021: Global Positive Displacement (PD) Pumps Market is anticipated to reach USD 4.2 billion by 2025. The pumps that displace various fluids at a constant volume and rate are known as positive displacement (PD) pumps. This industrial pump is extensively employed to transfer fluid from the inlet pressure division into the discharge pipe/tube. The key features of positive displacement (PD) pumps are exceptional performance, resistant to high pressure, and ability to deal with fluids of high viscosities.

The positive displacement market faces a constant competition from the centrifugal pumps market. PD pumps function by entrapping a fixed amount of fluid in it and then by dispersing them into the outlet. These pumps are majorly used because of their ability to exhibit high performance in dealing with fluids with high viscosities and their ability to handle pressure changes. The positive displacement (PD) pumps industry is anticipated to grow at a significant CAGR of 4.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Positive displacement (PD) pumps market may be explored by type, application, end user, and geography. The market may be explored by product as Rotary, Reciprocating, and Others. The “PD reciprocating pump” segment of positive displacement (PD) pumps was dominant in 2016. This is due the ability of this product to work efficiently under various circumstances comprising high-pressure operations, differential flow pressure operations, and high viscosity operations. Positive displacement (PD) pumps industry may be explored by application as Chemical, Oil and Gas, Water Treatment, Food and Beverages, Pharmaceutical, and Others.

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Positive displacement (PD) pumps market may be explored by end user as Food and Beverage industry, Automotive, Aerospace, Small Transformer, Pulp and paper industry, Chemical industry, Pharmaceutical industry, Waste Water purification industry, Power generation, Oil and Gas, Mining, Agriculture. The “Oil and Gas” segment dominated the positive displacement (PD) pumps industry in 2016 and is anticipated to maintain its dominance by 2025 due to growing schemes in the field of oil and gas in developing countries. “Oil and Gas” segment is followed by “Agriculture” segment that is anticipated to grow faster due to high use of water pumps.

Asia-Pacific accounted for the major share of the positive displacement (PD) pumps market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high demand for positive displacement (PD) pumps across the region, and high demand from industries like power, wastewater, mining, and chemical. The emerging countries like India, Japan, and China are the major consumers of positive displacement (PD) pumps in this region.

Some of the key players that fuel the growth of the positive displacement (PD) pumps industry comprise Ebara Corporation, Verder Group, Weir Group, Baker Hughes Incorporated, Del PD Pumps & Gears Ltd., Schlumberger Ltd, Coalfax Corporation, HERMETIC-Pumpen GmbH, Pentair LLC, and IDEX Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

PD Pumps Product Outlook (Revenue, USD Million, 2014 – 2025)

    • Reciprocating

    • Rotary

    • Others

PD Pumps Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Oil and Gas

    • Water Treatment

    • Chemical

    • Pharmaceutical

    • Food and Beverages

    • Others

PD Pumps Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • France

    • Asia Pacific

        • China

        • Japan

        • India

    • CSA

        • Brazil

    • Middle East & Africa

        • Saudi Arabia

Get in touch

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Rigid Packaging Market Opportunities, Challenges, Strategies And Forecast till 2025

October 01, 2021: The global Rigid Packaging Market displayed a momentous growth of USD 472.19 billion in 2016. It is expected to grow significantly in the forecast period owing to rise in the demand for environment-friendly packaging. Rigid Packaging is a part of the packaging market. It is used to protect products from different types of damages. Rigid Packaging is widely used for packing the explosives and highly reactive commodities as well as other types of products and supports higher durability. The continuous and increasing demand from the consumers for rigid packaging is expected to fuel up the rigid packaging industry in the coming years with a CAGR of 6.7%.

The reasonable rates of rigid packaging, spurring growth of food & beverage industry, and rise in consumer spending power for packaged products are some of the driving factors of the market. Also, the rise in demand for the packaged medications and apparatuses in healthcare sector is predicted to widen scope for the market in the years to come. Additionally, the rise in manufacturing activities is expected to uplift the industry in near future.

Another driving factor for the rise of rigid packaging market comprise high transportation growth. The growing e-commerce across globe is pouring the demand for rigid packaging. Most consumers today are preferring online shopping over traditional shopping method because of wide availability of variety goods, quick delivery, easy return policies, and low or free shipping charges. However, the growing trade-related regulations and agreements among economies are stimulating the growth of the industry. Nevertheless, the increasing popularity of flexible packaging and flexible raw material costs are hampering the growth of the market.

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Rigid packaging industry is categorized based on material, product type, application and geography. Based on material, the market is divided into glass, metal, plastic, and paperboard. Plastic is expected to dominate the market owing to the different types of plastic like Polyethylene (PE), Polyethylene terephthalate (PET), Polypropylene (PP) which used in manufacturing of rigid packaging goods. The adoption of rigid plastics is rising because of the features like maintained product freshness, lightweight, toughness/strength, no risk of breakage, and inexpensiveness. Based on product segmentation, the market is divided into jars & bottles, containers, boxes and cans. The jars & bottles are projected to dominate the market since they are used for carbonated soft drinks, water, juices, food products, etc. The demand for jars & bottles are also increasing due to the augmented demand for household and beverages followed by the rise in demand for containers & boxes owing to the trade-related agreements.

On the basis of application, the rigid packaging market is divided on the basis of healthcare, food & beverage, consumer goods, personal care, etc. Among these, the food & beverages segment is predicted to dominate be the fastest growing application segment in the market. Increasing population as well as rising heavy demand for beverages & foods are stimulating the growth of the industry. Also, the rising disposable income among the consumers along with lifestyle variations is estimated to impact the market.

Geographically, the rigid packaging industry is segmented into Asia Pacific, Europe, North America and RoW. China accounts for the maximum market share followed by North America owing to the rising use of bioplastic. Bioplastic is used as raw material for the manufacturing of rigid packaging. The use of bioplastic is expected to reduce the carbon footprints in the area of driving rigid packaging market growth.

The prominent rigid packaging industry players profiled here are Amcor, Ball,Berry, Crown Holdings, APPE, Britton Group, AEP Industries, Can-Pack, Ardagh Group, RPC Group, Silgan, DS Smith, Gerresheimer, Graham Packaging, LINPAC Group, Sonoco, Vidrala, and Vetropack Holding.

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Market Segment:

Rigid Packaging Material Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

    • Plastic

    • Metal

    • Paper & Paperboard

    • Glass

    • Bioplastic

Rigid Packaging Application Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

    • Food & beverages

    • Pharmaceuticals

    • Personal care

    • Others

Rigid Packaging Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2014 – 2025)

    • North America

        • U.S.

        • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • China

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Protein Extracts from Single Cell Protein and Other Conventional Sources Market Competitive Analysis and Forecast Report till 2025

September 27, 2021: Global Protein Extracts from Single Cell Protein and the Other Conventional Sources Market is expected to reach USD 26.3 Billion by 2025. Protein Extracts from Single Cell Protein and Other Conventional Sources is used to meet the protein need of raising population. The single cell protein (SCP) is termed as a dried microbial cell or total protein extracted from pure microbial cell culture like fungi, algae, bacteria, and yeast specifically grown on agricultural waste and may be used as food supplement to animals and humans. The production of single cell protein can be done using waste materials like corncobs, wood shavings, sawdust, and others. The protein extracts market is expected to grow at a significant CAGR of 8.4% in the forecast period.

High demand for SCP proteins as it has low fat content and contains about 43 to 85% of protein, growing use of enhanced techniques, high demand for nutritious products, and rising population are documented as major factors of Protein Extracts from Single Cell Protein and Other Conventional Sources Market that are estimated to enhance the growth in the years to come. Protein Extracts from Single Cell Protein and Other Conventional Sources Market is segmented based on sources, applications, and region.

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Fungi, bacteria, algae, yeast, and other sources could be explored in Protein Extracts from Single Cell Protein and Other Conventional Sources in the forecast period. Plant based protein extracts accounted for the largest market share of Protein Extracts from Single Cell Protein and Other Conventional Sources and is estimated to lead the market in the upcoming years. The Protein Extracts from Single Cell Protein and the Other Conventional Sources market may be categorized based on applications like agriculture & fertilizers, biotechnology, animal feed, and others. The animal feed is sub-segregated into animal feed by animal type and animal feed by grades. Animal feed by animal type includes pet animals, livestock, and fish feed. On the other hand, animal feed by grade includes hydrolysates, concentrates, and isolates. Agriculture protein extracts and animal feed protein extracts accounted for the largest market share of overall market and is estimated to remain dominant in the forecast period. This may be because of high demand for proteins from this section.

Globally, North America accounted for the largest market share of Protein Extracts from Single Cell Protein and Other Conventional Sources in 2016 and is estimated to lead the overall market in the coming years. The reason behind the overall Protein Extracts from Single Cell Protein and the Other Conventional Sources market growth could be, rising use of enhanced biotechnological techniques and presence of key manufacturers in the region. The United States is a major consumer of Protein Extracts from Single Cell Protein and Other Conventional Sources in this region. This may be because, rising research regarding use of microbes as a substitute nutrient source.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise developing research centers in emerging countries. Moreover, the developing countries like India and China are the major consumers of Protein Extracts from Single Cell Protein and Other Conventional Sources in this region.

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The key players of Protein Extracts from Single Cell Protein and Other Conventional Sources Industry are Marlow Foods Limited, Nutreco, Lallemand Inc., AgriProtein Holdings, BlueBio Tech Int. GmbH, ZEN-NOH, and KnipBio. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Protein Extracts from Single Cell Protein and Other Conventional Sources Source Outlook (Revenue, USD Million, 2014 – 2025)

    • Plant Protein Extract Sources

    • Microbial Sources – Single Cell Proteins

    • Microbial Sources – Direct Use

Protein Extracts from Single Cell Protein and Other Conventional Sources Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Biotechnology

        • Pharma

        • Cell Culture media

        • Others

    • Animal Feed

        • Animal feed by sources

            • Plant Protein Extract Sources

            • Microbial Sources – Single Cell Proteins

                • Bacteria

                • Yeast

                • Algae

                • Fungi

            • Microbial Sources – Direct Use

       • Animal feed by grades

            • Concentrates

            • Isolates

            • Hydrolysates

       • Animal feed by animal type

        • Livestock

                • Poultry

                • Pig

                • Cattle

                • Other Livestock

        • Fish Feed

        • Companion/Pet Animals

    • Agriculture & Fertilizers

    • Others

Protein Extracts from Single Cell Protein and Other Conventional Sources Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • China

        • Japan

        • India

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Photoelectric Sensors Market Opportunities, Challenges, Strategies And Forecast Report till 2025

September 24, 2021: Global photoelectric sensors market size is expected to reach USD 2.09 billion by 2025 with a CAGR of 6.1%, as the scope and its applications are rising enormously across the globe. The photoelectric sensor is also termed as photo eye an instrument that detects objects, variations in surface conditions, and other substances through a multiplicity of optical properties. A photoelectric sensor emits an infrared or visible light beam from its light emitting element and is received by the light receiving element.

This technology is a perfect alternative to inductive proximity sensors. These sensors can be simply merged into an endless array of applications. These sensors consist of various components like phototransistor/photodiode receiver to detect the light source, emitter as a laser diode or LED, and supporting electronics to amplify the signal relayed from the receiver.  Rising demand from industrial sector for detecting position misalignments and growing adoption of digital network technology are documented as major factors of Photoelectric Sensors Market that are estimated to enhance the growth in the years to come. However, lack of sensing capability and photoelectric beam may be affected by fog, smoke, and dust are the factors that may restrain overall market growth in the coming years.

Photoelectric Sensor Market is segmented based on type, technology, end use, and region. Various types of Photoelectric Sensors like Fiber optic photoelectric sensors, Proximity photoelectric sensor, and others could be explored in the future period. Proximity photoelectric sensor sector accounted for the largest market share of Photoelectric Sensors in terms of revenue and is estimated to lead the overall market in the future period. This may be because of low in cost and extensive application scope.

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Thru-beam, diffused, and retro-reflective are enhanced technologies used, that could be explored in Photoelectric Sensor in the forecast period. The retro-reflective sector accounted for the largest market share of Photoelectric Sensors and is estimated to continue its dominance in the coming years. This may be because of low installation and maintenance cost and reliable for detecting transparent objects. Also, thru-beam sector is estimated to grow at highest CAGR of 5.0% in the coming years, as allows stable operations.

The market may be categorized based on end use like packaging, automotive, electronics & semiconductor, military & aerospace, and others could be explored in Photoelectric Sensors in the forecast period. The automotive segment accounted for the largest market share in 2016 and is estimated to remain dominant in the upcoming years. This may be because of rising use of these sensors in various automotive applications like sensing shiny objects, allowing enhanced electronic power steering systems, and sensing automobiles in parking lots. In addition, packaging sector is estimated to grow at highest CAGR in the coming years. The reason behind the growth could be growing automation.

Globally, Asia Pacific accounted for the largest market share of 35.0% in 2016 and estimated to lead the overall market in the coming years. Also, estimated to grow at highest CAGR of 7.0% between 2017 & 2025. The reason behind the overall market growth could be, rising use of enhanced technology, increasing permeation of IIoT across various industrial facilities, growing safety mandates. The developing countries like India and China are the major consumers of Photoelectric Sensors in this region.

Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, European market is estimated to grow at significant rate and could be accredited to cumulative strict guidelines for industrial automation in numerous industrial facilities in the region. Also, the Middle Eastern market is estimated to grow due to the growing oil and gas industries in the region.

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The key players of Photoelectric Sensors Industry are Schneider Electric SE, Panasonic Corporation, Autonics Corporation, Keyence Corporation, and Rockwell Automation Inc. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Photoelectric Sensors Technology Outlook (Revenue, USD Million, 2014 – 2025)

    • Diffused

    • Retro-Reflective

    • Thru-Beam

Photoelectric Sensors End-use Outlook (Revenue, USD Million, 2014 – 2025)

    • Automotive

    • Military & Aerospace

    • Electronics & Semiconductor

    • Packaging

    • Others

Photoelectric Sensors Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

        • Mexico

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Silicon Wafer Reclaim Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

September 23, 2021: Global Silicon Wafer Reclaim Market is expected to reach USD 577.3 million by 2024. Silicon is a tetravalent, gray, brittle, chemical component. It makes up 27.8% of the earth’s crust and next to oxygen; it is the utmost plentiful element in nature. The materials that contain silicon are common beach sand, quartz, flint, and agate. It is known as the major element in building materials like glass, cement, and brick. Moreover, it is the most shared material to build microchips and semiconductors.

Silicon Wafer Reclaim is termed as wafer reclaim that has been processed, stripped, polished, and then cleaned and can be reprocessed for various use. There are various reclaim types like particle reclaim, recycle, and strip and kiss polish. It is a cost efficient program that manufacturers use to exploit the worth of formerly used silicon substrates. The silicon wafer reclaim market is estimated to grow at a significant CAGR of 3.7%over the future period as the scope and its applications are rising enormously across the globe.

High demand in manufacturing of microchips or chips used in electronic devices, increasing cost of silicon wafers, growing disposable income, rapid rate of industrialization and urbanization, and rising employment, economy, and population are documented as major factors of silicon wafer reclaim industry that are estimated to enhance the growth in the years to come. However, lack of awareness regarding reclaim services may restrain overall market growth in the coming years. Silicon wafer reclaim industry is segmented based on product type, applications, and region.300 mm, 200 mm, 150 mm, and other product types could be explored in silicon wafer reclaim market in the forecast period. Integrated circuits, solar panels, and other applications could be explored in this market in the future period.

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Globally, North America accounted for the largest market share of silicon wafer reclaim industry and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region, growing demand for low cost silicon wafer, and rising applications in automotive industry. The United States is a major consumer of silicon wafer reclaim in this region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of 3.3% in the foremost period. The aspects that may be ascribed to the growth comprise technological growth and industrial development in developing countries. The emerging countries like India and China are the major consumers of silicon wafer reclaim market in this region. This may be because of low inclusive recovery cost in the economy.

The key players of silicon wafer reclaim industry are NanoSILICON, MicroTech Systems, Silicon Quest, Phoenix Silicon International Corporation, Optim Wafer Services, RS Technologies Co., Ltd., NOVA Electronic Materials, Shinryo Corporation, Noel Technologies, Silicon Valley Microelectronics, and Pure Wafer. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Market Segment:

Silicon Wafer Reclaim Product Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 – 2024)

    • 150mm

    • 200mm

    • 300mm

    • Others

Silicon Wafer Reclaim Application Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 – 2024)

    • Solar Panels

    • Integrated Circuits

    • Others

Silicon Wafer Reclaim Regional Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 – 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • The UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

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Rear Spoiler Market

September 23, 2021: The Global Rear Spoiler Market is anticipated to reach USD 7.30 billion by 2025 with the contribution of growing demand for the SUVs and MPVs from the young generation. A Rear Spoiler is an automotive aerodynamic device that helps in spoiling the opposing air movement across the body of the vehicle. The spoilers present on the front of the cars are called as air dams that are essential for the engine cooling and high speed stability.

Some spoilers are fitted on the cars just for designing purpose or for improved aerodynamics. A rear spoiler supports in increasing the efficiency and decreasing the drag. The spoilers improve the traction capability of a car, improve the visibility of the car and reduce the weight of the car, technically. The Rear Spoiler Market is predicted to grow considerable at CAGR of 7.9% primarily owing to the manufacturing of plastic spoilers.

At present, several cars are well-furnished with Rear Spoilers to improve the fuel efficiency and reduce the rate of accidents. Most customers install the rear spoilers for designing purpose, which is a reason for increased demand. The bulk manufacturing of composite materials is anticipated to diminish the cost of raw materials in near future. This will ultimately reduce the overall cost of rear spoilers and produce a higher demand over the years.

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The rising demand from SUVs (sports utility vehicles) and high-speed vehicles is expected to support the rear spoiler industry growth significantly. The carbon fiber, which is mostly used in the manufacturing of rear spoilers is preferred by the aftermarket since the customization is carried out by the independent service providers. The rear spoiler also possesses features like high strength, durability, improved finishing and appearance and lightless.

The Internal Combustion Engine is projected to dominate the rear spoiler industry in the near future. Maintaining the balance of the car at higher speeds and providing aerodynamic features are among the major advantages to manufacture Internal Combustion Engines. This will further support the rear spoiler from the automobile sector. The rear spoilers manufactured from the hybrid segment is predicted to contribute the CAGR impressively over the years. Such a penetrating of hybrid vehicles from the different parts of the world economies will boost the market growth. Depending on the vehicle segment, the hatchback segment is expected to dominate the market due to compact size and rates.

The hiked prices of the rear spoiler along with environmental concerns are majorly driving the automotive producers to develop fuel efficient cars with low emissions. Owing to the recent years, the fuel efficiency need is progressively rising in the automotive industry. Due to this reason, the extensive research is experiencing the development of aerodynamically improved vehicle designs. Hence, the demand for this improved product is expected to contribute largely to the rear spoiler market. Nevertheless, the rear spoiler installation and maintenance are very costly which may restrict the market growth in the coming years. The rear spoiler providers many a times offer suitable devices at reasonable rates and with after sale services for gaining customer confidence.

The rear spoiler industry is categorized on the grounds of vehicle type, material type, sales channel, technology, fuel, design and region. On the grounds of vehicle type, the market is divided into Hatchback, SUV and MPV. On the grounds of material type, the industry is divided into ABC Plastic, Fiber Glass, Silicon and Carbon Fiber. On the grounds of sales channel, the market is divided into OEM and After Market. On the grounds of technology, the rear spoiler market is divided into Blow, Injection and Reaction Injection Molding. On the grounds of fuel, the industry is divided into ICE and BEV. On the grounds of design, the market is divided into Strips and Free Standing Wing.

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Some of the prominent rear spoiler industry participants are across the globe are Jiangnan Mould and Plastic Technology Co., Ltd. Albar Industries Inc., SMP Automotive,P.U. Tech Spoiler, Polytec Group, Thai Rung Union Car Plc., Rehau Ltd., Inoac Corporation, Plastic Omnium, SRG Global, AP PlasmanInc and Magna International.

Market Segment:

Rear Spoiler Vehicle Type Outlook (Revenue, USD Million; 2014 – 2025)

    • Conventional Car

    • Green Vehicle

Rear Spoiler System Type Outlook (Revenue, USD Million; 2014 – 2025)

    • Passive Spoiler

    • Active Spoiler

Rear Spoiler Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K

    • Asia Pacific

        • China

        • Japan

        • India

    • South America

        • Brazil

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Automotive HVAC Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2025

September 22, 2021: The global Automotive HVAC Market estimated to grow at a CAGR of 8.6% by the completion of the prediction period. Gushing demand for passenger vehicles and rising necessity for the additional lavish and cozy tourism selections have been boosting the market. Altering ecological circumstances, growing stages of earnings, and increasing populace of intermediate class are projected to increase the development of the market above the period of prediction.

Technical inventions and considerable funds in R&D creativities are expected to improve technical competences of companies. Environmentally friendly HVAC units attached with inventive designs to decrease weight and scope of arrangements for superior flexibility and better-quality vehicle enactment. Process of these HVAC arrangements necessitates substantial power and takes an adverse consequence on fuel budget.

The automobile production has been a foremost supplier, concerning increasing stages of CO2 releases. Moreover, increasing alertness of the customer about declining ecological circumstances has been inspiring customers to swing to environmentally friendly resolutions. Growing government rules to improve energy effective and short discharge resolutions combined with greater maintenance charges are expected to unfavorably disturb the development of the market.

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The automotive heating ventilation and air conditioning (HVAC) market on the source of Type of Vehicle could span Heavy Commercial Vehicle [HCV], Light Commercial Vehicle [LCV], Passenger Cars. The subdivision of “Passenger Car HVAC” was responsible for around three quarters of the general income during the past year. It is likely to witness maximum CAGR for the duration of the prediction. The demand for automotive HVAC systems in Light Commercial Vehicle [LCV], is likewise expected to increase at a strong speed owing to superior economic structures.

The automotive HVAC market on the source of Type of Technology could span Automatic, Manual. The sub division of “Automatic arrangement” is the most important technology sector and is likely to lead the market by the completion of the prediction period. The subdivision was responsible for the maximum income of the general market during the past year. It is projected to record a greater CAGR for the duration of the prediction.

Increasing demand for automatic automotive HVAC systems could be credited to the developing inclinations of the customer and growing demand for luxury automobiles. Additionally, technical progresses in HVAC machineries for example the measuring device for fogging, automatic controls of temperature and automatic recirculation of the air can support to boost the enactment of the vehicle and decrease the general ingestion of fuel.

The automotive HVAC industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A, Canada, Mexico], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], South America [Argentina, Brazil], Middle East & Africa

By the source of geography, the Asia Pacific is expected to observe important development due to the existence of automobile companies, huge quantity manufacture of automobiles, and the increasing demand for the automobiles in emerging states like China, South Korea and India. Similarly, government inventiveness to resuscitate the automobile business are the factors likely to motivate the market for the duration of the prediction.

North America is expected to witness strong development for the duration of the prediction owing to refining macroeconomic circumstances and growing manufacture of automobile in the area. The area is expected to grow at a higher CAGR for the duration of the prediction. Furthermore, increasing per head earnings of the U.S.A and gushing demand for luxury automobiles are expected to inspire the development of the provincial market above the equivalent period.

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The statement revises Trades in terms of intake of automotive HVAC in the market; particularly in North America, Europe, Asia Pacific, South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Del Star Technologies, Engineered Plastic Components, Hanon Systems, Brose Fahrzeugteile GmbH & Co. Kg, Denso Corporation, Calsonic Kansei, Air International Thermal Systems, Keihin Corporation, Johnson Electric Holdings Ltd, Japan Climate Systems Corporation. Additional notable companies operating in the field are Valeo Group, Sensate Technologies Inc., Mahler Behr GmbH, Sanden Holdings Corporation, Japan Climate Systems Corporation, Johnson Electric.

Market Segment:

Automotive HVAC Technology Outlook (Revenue, USD Million, 2015 – 2025)

    • Automatic

    • Manual

Automotive HVAC Vehicle Type Outlook (Revenue, USD Million, 2015 – 2025)

    • Passenger Cars

    • Light Commercial Vehicles (LCVs)

    • Heavy Commercial Vehicles (HCVs)

Automotive HVAC Regional Outlook (Revenue, USD Million, 2015 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • India

        • China

        • Japan

    • South America

        • Brazil

        • Argentina

    • Middle East & Africa

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Hermetic Packaging Market Growth Analysis, Opportunities And Forecast Report till 2025

September 20, 2021: The global hermetic packaging market size was valued at USD 2.83 billion in 2016 and is anticipated to reach USD 5.03 billion by 2025. Packaging refers to the enclosures provided for products intended for storage, sale, distribution and use. These packages involve tins, cans and are barrier sealed to prevent air from entering into cans and help in preserving the contents from decaying. This is one side of the story. An application for hermetic sealing includes semiconductor electronics, thermostats, optical devices, MEMS and switches. Prevention of foreign bodies and water bodies in them is an essential requisite for maintaining proper functioning and reliability.

Hermetic by standard definition goes as being impervious to air. A cavity sealed microelectronic package that passes both gross and fine leak test as per TM1014 test method is named hermetic otherwise christened a “leaker”. The factors boosting hermetic packages include high-performance and limitations in plastic encapsulate I.C and ceramic packages on account of industry gravitating towards surface-mount switches. Restraints for hermetic packages include the on-demand re-start of hermetic lines as opposed to continuous production lines of plastic packages.

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Segmentation of hermetic packaging by configuration comprises multilayer ceramic packages, pressed ceramic packages and metal can packages. Market by type is classified as ceramic-metal sealing (CERTM), Glass Metal sealing (GTMS), Passivation glass, Transponder glass and Reed Glass. Market by Application includes transistors, sensors, lasers, photodiodes, airbag igniters, oscillating crystals, MEMS switches and others. Market by end-user industry comprises military and defense, aeronautics and space, automotives, energy and nuclear safety, medical, telecommunication and others. By geography, the market is further segmented into North America, Europe, Asia Pacific, MEA and Latin America.

Automotives are further broken down into airbag initiation, battery protection and RFID transponder operation. Energy and nuclear safety comprises electrical penetration control, oil and gas applications, fuel cell manufacturing. Medical truncates into dental applications and veterinary applications. MEM’s are proven devices of low-cost and reliability such as gyroscopes and resonators and excel in restricting chemically inert gases from escaping thanks to the hermetic packaging such as discrete and wafer level hermetic packaging employed. Electronic packaging is a science with hermetic ceramic packaging comprising I.C chips in Dual-Inline-Package (DIP) form which is further divided into two main types viz: multilayer ceramic packages (LTCC and HTCC) and pressed ceramic packages.

CERM sealing enables high speed data transmission with minimum trace. H/LTCC offers significant advantages and hence indicates vertical growth in this segment. Hermeticity or hermetic packages to prevent moisture condensation from forming on IC chips and causing corrosion or occurrence of electro-chemical reactions is reason to hermetically seal the packages pursuant to military applications. Plastic encapsulate microelectronics (PEM’s) are still finding favor o account of die passivation and metallization technology but this is not the end for hermetic sealed packages with their feature-rich characteristics will find favor in electronics industry.

Hermetic connectors including DC and RF connectors machined housing and integrated hermetic electronic packaging are in use in extreme temperatures for carrying electric current in and out of the housing and disallow ingress of dust or moisture to settle on the electronic components. Connectors with specifications such as leak rate of 1×10-5 are hermetic. Target Audience includes OEM’s, OEM technology solution providers, Research Institutes, Market research and consulting firms and Technology Investors.

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As a news article dated Aug 2016 suggests trends in food packaging have completely taken over the industry with minimization of food waste and matters with severity such as using lesser preservatives in food are here to stay. Key industry players include Teledyne microelectronics, Schott AG, Ametek, Inc, Amkor Technology, Texas Instruments Inc., Micross Components, Inc., Legacy Technologies, Kyocera Corporation, and Materion Corporation.

Market Segment:

Hermetic Packaging Product Outlook (USD Million, 2014 – 2025)

        • Ceramic to Metal Sealing

        • Glass to Metal Sealing

        • Transponder Glass

        • Reed Glass

        • Passivation Glass

Hermetic Packaging Application Outlook (USD Million, 2014 – 2025)

        • Aeronautics & Space

        • Military & Defense

        • Automotive

        • Healthcare

        • Telecom

        • Others

Hermetic Packaging Regional Outlook (Revenue, USD Million, 2014 – 2025)

        • North America

            • U.S.

        • Europe

            • Germany

            • France

        • Asia Pacific

            • China

            • Japan

        • Central & South America

            • Brazil

        • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Ryan Manuel

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